VOL. XXXVI

NO. 24

15-MARCH-1993

KUWAIT

Bechtel Oilfield Contract Extended for Three Months

The Kuwait Oil Company (KOC) has extended Bechtel's oilfield rehabilitationmanagement contract, due to expire on 31 March, for a further three months untilthe end of June, while it considers rival bids for the three-year second phaseof the operation. Bechtel's initial two-year contract involved the management ofoilfield repair and reconstruction work costing some $2bn. Work during theextension period will...