Name of Client : Kuwait Oil Company (KOC)

Estimated Budget : $150,000,000

Facility Type : Oil

Sector : Pipeline

Location : Jurassic, Kuwait

Award Date : 2025-Q3

Background

The Kuwait Oil Company (KOC) has proposed a project to upgrade its Jurassic light oil crude-grade export facilities and the existing export network.

Project Scope

The project scope includes Installation of pipelines, installation of six new crude oil storage tanks (618 MBBLs operating capacity each) Installation of control systems, upgrade of oil loading system and construction of associated facilities.

Project Status

As of July 2025, KOC has extended the bidding deadline for the main contract until August 3, 2025.

Project Finance

Kuwait Oil Company (KOC) is the client of the project.

Project Schedules

Feasibility Study : 1Q-2019

EPC ITB : 4Q-2024

Engineering & Procurement : 3Q-2025

Completion : 1Q-2028  n