KOC (Kuwait Oil Company) recently signed a contract with Petrofac for the provision of a pipeline network carrying oil to GCs 29, 30 & 31 in NK.

The contract was signed by CEO Hashem Sayed Hashem, in the presence of a number of his deputies and officials involved in this contract, while Petrofac was represented by Executive VP for Operations in GCC Sunder Kalyanam.

In his speech during the ceremony, held at KOC headquarters in Ahmadi, Hashem stressed the importance of this project for the three GCs. He emphasized that Petrofac is one of the most important oil partners for Kuwait, adding that the relationship between the two companies stretches for more than 15 years, during which Petrofac has shown great success in the implementation of all projects.
Hashem extended his full support, including the Senior Management personnel that have worked to reach the signing of this contract, and wished success to all.

For his part, Kalyanam thanked KOC on its faith in his company, saying they would do their utmost to satisfy those responsible for the project, expressing his gratitude for the people who were able to formulate some 40 thousand pages of the contract and its accessories in a two-day work timeframe.

About Petrofac

Petrofac is an international service provider to the oil and gas production and processing industry, with a diverse customer portfolio including many of the world’s leading integrated, independent and national oil and gas companies. Petrofac designs, builds, operates and maintains oil and gas facilities, delivered through a range of innovative commercial models, enabling it to respond to the distinct needs of each client and helping them to transform the value of their assets across the oil and gas life cycle. Petrofac’s service offering is underpinned by its ability to develop resource holders’ local capability through the provision of skills training with competency development and assurance frameworks. Around 20,000 employees operate out of seven strategically located operational centres, in Sharjah, Aberdeen, Abu Dhabi, Woking, Chennai, Mumbai, and Kuala Lumpur and a further 24 offices worldwide. Petrofac is quoted on the London Stock Exchange (symbol: PFC).

About Kuwait Oil Company

Kuwait Oil Company's Responsibilities under the KPC's Umbrella involve the exploration, drilling and production of oil and gas within the State of Kuwait. The Company is also involved in the storage of crude oil and delivery to tankers for export.