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Kuwait Downstream Technology Summit, Kuwait
Russia & CIS Oil & Gas Companies in Search of Operational Excellence
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EGOH's East Texas oil field to act as pilot project
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KPC to Sign Contracts Worth $5bn with Int'l Firms
Kuwait Petroleum Corporation (KPC) is set to sign agreements and contracts with international firms worth a total USD 5 billion over the next two days.

Earlier on Feb 15, the state-run oil company signed a contract to provide 20,000 barrels of crude and 300,000 tonnes of liquefied gas to a Thai firm on a daily basis, said Managing Director of Global Marketing, Naser Al-Mudhaf.

KPC also signed a contract to provide a daily 200,000 tonnes of liquefied gas, subject to increase, to Indian-owned Bharat Petroleum and another worth over USD 2.5 billion with Indonesia's Petromina. Al-Mudhaf expected more contracts to follow in the coming period, noting to the renewal of an important contract with a Chinese firm.
Other Energy News
Turkish Company Invests $700mn in Basra Iron Plant
SEC Executes Projects Worth SR33bn in Makkah Region
Saudi Contracts Awarded Surged to SR270bn in 2011


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