VOL. XL

No. 26

30-June-1997

KUWAIT

Korea's Daelim And Italy's Snamprogetti Win Contracts Worth $207Mn For Gas GatheringAnd Water Treatment Plants

South Korea's Daelim Engineering Company has won a KD38.8mn ($128mn) contract from theKuwait Oil Company (KOC) - the E&P subsidiary of the Kuwait Petroleum Corporation(KPC) - to construct a new 250,000 b/d gathering center, No. GC25, for the Raudhatain oilfield. Daelim won the contract against stiff competition from 24 other companies fromSouth...