The local Safwan Petroleum Technologies Company (Spetco) was awarded in mid-February the KD 69.3 million ($239 million) five-year build-operate (BO) early production facilities (EPF) contract. Spetco was low bidder for the project when bids were submitted last November. The client is state upstream operator Kuwait Oil Company (KOC - MEED 11:11:05).
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