The $200m deal covers power network for electrical submersible pumping systems
State upstream operator, Kuwait Oil Company (KOC) has awarded a $200m lump-sum engineering, procurement and construction (EPC) to the UK’s Petrofac, for a new power distribution network in the north of the Kuwait.
Petrofac beat rival proposals from three other firms, Hyundai Engineering & Construction of South Korea, Saipem of Italy and Athens-based Consolidated Contractors Company (CCC). The deal was approved Kuwait’s Central Tenders Committee (CTC) in August.
Petrofac will now build three new substation buildings and lay approximately 900-kilometres of buried cable to connect the substations to the electrical submersible distribution system (ESPS) network.
ESPS systems are used to aid the flow of crude oil from the reservoir to the wellhead when the natural pressure is insufficient to force the trapped oil to the surface. The project is expected to be completed in 2015.
With completion expected in 2015, the new facilities will provide a more robust power supply to support the development of the onshore oil fields in North Kuwait.
You might also like...
UAE builds its downstream and chemicals potential
24 April 2024
Acwa Power eyes selective asset sales
24 April 2024
Bahrain mall to install solar carport
24 April 2024
Aramco extends Karan field bid deadline
24 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.