Middle East Economic Survey

VOL. XLVII

No 48

29-November-2004

KUWAIT

Award Of Oil Sector Modernization Project Awaited

Kuwait Oil Company (KOC) is studying bids from five international firms that are competing for a two-part program costing an estimated $800mn to modernize the countrys oil sector, according to Kuwaiti media reports on 21 November. The deadline for bids was extended by three weeks from end-October to 21 November at the request of the firms involved (MEES, 8 November). Earlier...