The Kuwait Oil Company (KOC) on Thursday signed contracts worth KD 662 million (USD 2.342 billion) to build three collection centers in the company's areas of operations north of Kuwait.
KOC signed the first contract, worth KD 194 million, with Petrofac to build collection center 29. A second contract, worth about KD 240 million, was signed with Larsen and Toubro to build collection center 30, Kuwait news agency (Kuna) reported.
The third contract was awarded to Dodsal to set up collection center 31, a project worth KD 228 million.
CEO of KOC Hashem Hashem stressed in a press statement the importance of the three vital projects for increasing productivity of the Kuwaiti northern fields.