Aberdeen-based energy services firm Wood Group won the larger of the two contracts, worth KD31m.
The second deal, worth KD24m, was awarded to US oil field services firm Baker Hughes.
The two companies will supply, install, survey and maintain the ESP systems for a period of up to five years.
ESP systems are used to aid the flow of oil from the reservoir to the wellhead. They are used when the natural pressure is insufficient to force the trapped oil to the surface.
As the region’s oil fields age, their production rates naturally decline and artificial lift systems such as ESPs become more prevalent. They are used extensively around the world.