VOL. XXXIX

No. 38

17-June-1996

KUWAIT

Four US Firms Submit Bids For KOC's PMC Contract

Four US firms have reportedly submitted bids to the Kuwait Oil Company (KPC) for a five-year project management contract (PMC), worth between $77mn and $123mn. The contract covers technical and engineering services, including the drawing up of tender documents for future oilfield development projects as well as the evaluation of bids. Kuwait is planning to raise its production capacity to more than...