Kuwait invites bids to develop gas fields

KUWAIT: Kuwait invited bids to develop non-associated gas fields in the north, Platts reported yesterday. Quoting unnamed sources, the report noted that engineering, procurement and construction companies have been invited to submit bids, with the closure date end of February 2018. Kuwait has so far failed to develop the high-pressure, sulfur-rich sour gas deposits in the northern part of the country, despite a project launched in 2010. Kuwait currently produces around 180 MMcf/d of non-associated gas, notes Platts, an international energy publication.

However, Kuwait Oil Co. is already working to raise this to 510 MMcf/d, along with 200,000 b/d of light oil, by the end of the year. The tender follows two contracts signed last February worth more than $1 billion with oilfield services giant Schlumberger and a Kuwaiti company for the development of oil and gas facilities at the East Raudhatain field, as part of the second phase of the Jurassic gas project. The local Safwan Petroleum Technologies Co. was awarded the West Raudhatain field development.

This article was published on 26/09/2017