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Kuwait's KOC extends major tender to expand southern oil capacity
Kuwait's KOC extends major tender to expand southern oil capacity

Zawya

time24-06-2025

  • Business
  • Zawya

Kuwait's KOC extends major tender to expand southern oil capacity

KUWAIT CITY - The Central Agency for Public Tenders (CAPT) has extended the deadline for bids on a significant Kuwait Oil Company (KOC) tender. This tender, which includes the construction and installation of the third Oil Separation Gathering Center and third Water Injection Station in South Kuwait, is now due on July 22 instead of June 22. Sources told the newspaper that this tender is a strategic component of KOC's broader initiative to develop oil fields in the southern part of the country. They said this development is crucial due to the abundant oil reserves in the South, and the need for enhancements to ensure sustained and increased production. The southern region houses Kuwait's most vital and largest oil fields, including the second-largest field in the world -- Burgan, along with its associated fields like Maqwa and Al- Ahmadi, as well as the Managish and Umm Qadir fields. Additionally, the Al-Julaia offshore field, discovered in January 2025, is situated in the South. It boasts of estimated reserves of approximately 800 million barrels of medium-density oil and 600 billion cubic feet of associated gas. KOC's objective in building the third water injection station is to boost its production capacity in the southern region. Water injection is a key technique that significantly aids oil extraction from reservoirs, utilizing high-pressure technologies to seal any voids in wells. Sources confirmed that KOC intends to implement the Gathering and Separation Center 3 and the Water Injection Station 3 to connect the company's oil fields through an extensive network. 'This network will facilitate the feeding of oil from the gathering centers, ensuring that processing operations are carried out in a consistent and nearly uniform manner, especially with the interconnected wells,' they added. The company intends to issue several major tenders throughout 2025 to increase the production capacity of all oil and gas fields, including those in the northern regions. Production enhancement in the northern fields is being achieved through the agreements that KOC reached with international companies. Despite a decline in production in recent years, the Burgan field remains robust and continues to be one of the world's richest oil fields. Kuwait will depend on it for many years to come. KOC is working diligently to restore full production to its previous level of around 2.4 million barrels per day, an increase from its current production of approximately 1.7 million barrels per day.

Kuwait invites bids for giant oilfield on July 22
Kuwait invites bids for giant oilfield on July 22

Zawya

time23-06-2025

  • Business
  • Zawya

Kuwait invites bids for giant oilfield on July 22

Kuwait has extended a deadline for submitting bids for the development of one of the world's largest oil fields from 22 June to 22 July, press reports have said. The project involves water injection in Burgan oilfield and other fields in South Kuwait, where most of the country's oil and gas resources are located. The Central Agency for Public Tenders (CAPT) had earlier approved a request by the state-owned Kuwait Oil Company (KOC) for the submission of bids on 22 June. 'CAPT has now extended the deadline for companies to bid for this project to 22 July,' the Arabic language daily Alseyassah said, citing KOC sources. The paper did not mention project cost estimates but said it involves increasing oil and gas production in the Southern region. The 780-square kilometre Burgan field contains around 70 billion barrels of extractable crude oil, nearly two-thirds of the Gulf emirate's oil reserves of about 101 billion barrels. Burgan is the world's second largest oilfield after Saudi Arabia's Ghawar. The field in southeast Kuwait was pumping more than 2 million barrels per day (bpd) before falling to around 1.7 million bpd due to ageing. (Writing by Nadim Kawach; Editing by Anoop Menon) ( Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.

Kuwait's MEW expected to award EPC contract for ClO2 injection unit in Q3 2025
Kuwait's MEW expected to award EPC contract for ClO2 injection unit in Q3 2025

Zawya

time12-06-2025

  • Business
  • Zawya

Kuwait's MEW expected to award EPC contract for ClO2 injection unit in Q3 2025

Kuwait's Ministry of Electricity, Water & Renewable Energy is expected to award the Engineering, Procurement, and Construction (EPC) contract for a Chlorine Dioxide (ClO2) Injection Unit at the North Al-Zour freshwater reservoir site in the third quarter, according to a source aware of the details. The EPC tender was released on 29 December 2024 with bid submissions due by 17 June 2025. 'The contract award is expected in September 2025, with project completion targeted for the second quarter of 2027,' the source told Zawya Projects. The scope of the project includes design, construction, supply, installation, inspection, operation, and maintenance of the injection unit. (Reporting by Deva Palanisamy; Editing by Anoop Menon) ( Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.

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