VOL. XLVII

No 14

05-April-2004

KUWAIT

AMEC Wins $100Mn KOC Oilfield Projects Management Contract

The UKs AMEC announced on 29 March that it had been awarded a contract by Kuwait Oil Company (KOC) to manage $5bn worth of oilfield projects. KOC said the five-year contract with a further two-year option was worth $100mn. An AMEC statement said that, working closely with KOC, the company would manage all KOC activity in the south of Kuwait, where KOC is seeking to develop existing oilfields using...