Kuwait plans to tender a $3.3bn upstream oil & gas project for international investment and technological advancements.
Kuwait plans to tender a $3.3bn upstream oil & gas project, divided into 9 packages, to boost the region's oil & gas industry, attract international investment, and foster technological advancements. This follows three key oil projects worth over $1.4bn for tender in Kuwait, aiming to reduce reliance on oil revenues and diversify the economy. The Al-Zour North power project bidding deadline has been extended to attract more international participation and ensure a competitive process.
July 01, 2024
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