Kuwait Oil Company (KOC) has partnered with global energy giants Baker Hughes, SLP Oilfield Services, Weatherford International, Halliburton Company, and the National Energy Services Reunited Corporation (NESR) to develop the Al Ahmadi innovation valley, a digital transformation initiative.

The five corporations will establish a world-class research centre at the valley, offering solutions for KOC's oil and gas exploration and production.

The deal aims to optimise production, develop Kuwait's national research capabilities, enhance local expertise, and promote economic growth and employment.

"Al Ahmadi innovation valley is designed to be one of the national assets aiming to push the energy sector forward," remarked its CEO Ahmad Jaber Al Eidan after signing the deals with the global energy majors.