VOL. XXXVII

NO. 5

1-NOVEMBER-1993

Kuwait

KOC Awards PMC Contract To Parsons

The Kuwait Oil Company (KOC) - the wholly-owned subsidiary of the KuwaitPetroleum Corporation (KPC) - has awarded the Program Management Contract (PMC)for the third phase of its oilfield rehabilitation work to Ralph M. Parsons ofthe US, after a six-month delay in the award of the three-year contract. RalphM. Parsons won the contract, valued at about $100mn, in competition with threeother US firms, namely Brown and Root,...