KOC signed a large package of contracts for mega projects worth 551.6 million dinars ($1.8 billion) during the past three months, in the largest value of projects the company expects on the The launch since the outbreak of the Corona pandemic in Kuwait.
Sources told Al-Anbaa newspaper that the contracts that were signed for the months of May, June and July are among the major projects whose implementation extends for two years or more, and some of them extend to 5 years.
And she stated that the largest absolute value of the contracts was signed last July, which included the signing of 5 contracts to clean up contaminated soil as a result of the brutal Iraqi invasion, with a total value of the five contracts amounting to 247 million dinars.
She pointed out that the months of May and June also witnessed the signing of some contracts for the supply of 31 drilling rigs with specialized international and local companies, as well as the signing of a contract for 3D seismic survey for the Mutribah and West regions. Kuwait worth 41 million dinars, where contracts were signed in May worth 146.8 million dinars, and during the month of June contracts worth 35.6 million dinars were signed.
