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Kuwait received bids for oil projects, including low offers from Combined Group Contracting, with major international firms also participating.
Kuwait has received bids for multiple oil projects, with Combined Group Contracting submitting the lowest bids for two smaller contracts.
India’s Larsen & Toubro and Spain’s Tecnicas Reunidas also submitted competitive offers for larger developments, with a combined value of $6.55 billion.
The bids, submitted by the September 30 deadline, mark renewed activity in Kuwait’s upstream sector and reflect international interest in its energy infrastructure.
The final award decisions are pending, with no further details on timelines or contract terms.
The developments highlight Kuwait’s ongoing efforts to expand oil capacity and diversify its economy.
Kuwait recibió ofertas para proyectos petroleros, incluidas ofertas bajas de Combined Group Contracting, con la participación también de importantes firmas internacionales.