Kuwaiti contractor submits lowest bid for oil project
17 October 2025
Ahmadi-based Spetco International has submitted a low bid of KD88.2m ($288.7m) for the contract to develop the planned Mutriba remote boosting facility in Kuwait.
The project was originally tendered by Kuwait Oil Company (KOC) earlier this year, with a bid submission deadline of 29 June.
The deadline was extended several times before three Kuwait-based companies submitted bids.
The details of the bids submitted for the project are as follows:
- Spetco International – KD88,209,236 ($288.7m)
- Combined Group Contracting – KD123,000,000 ($402.5m)
- Alghanim International General Trading & Contracting – KD129,450,000 ($423.7m)
The project’s scope includes:
- Development of the Mutriba oil field
- Installation of the degassing station
- Installation of manifolds
- Installation of condensate facilities
- Installation of wellhead separation units
- Installation of the pumping system
- Installation of wellhead facilities
- Installation of oil and gas treatment plants
- Installation of a natural gas liquids plant
- Installation of a water and gas injection plant
- Construction of associated utilities and facilities
The onshore Mutriba oil field is located in northwest Kuwait and is being developed as part of Kuwait’s wider strategy to boost the country’s upstream capacity.
Commercial output from Mutriba officially began on 15 June this year, after several wells were connected to KOC’s production facilities.
The field, in a previously undeveloped part of Kuwait, covers more than 230 square kilometres and lies outside the area of fields already operated by KOC.
In September, Kuwait’s Oil Minister Tareq Al‑Roumi said that the country’s oil production capacity had reached 3.2 million barrels a day (b/d), its highest level in more than 10 years.
Despite the higher capacity, Kuwait says it will continue to abide by Opec+ agreements and will produce 2.559 million b/d.
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