meed-logo

line1 line2 line3
SIGN IN / REGISTER

Deadlines extended for Kuwait oil projects worth $2.5bn

30 July 2025

Register for MEED’s 14-day trial access 

Kuwait’s state-owned upstream operator Kuwait Oil Company (KOC) has extended bid deadlines for six vital oil projects, which are estimated to be worth a total of $2.5bn.

The first contract, estimated to be worth KD292m ($951m), is focused on developing a separation facility in the NK SA/BA Area, close to Gathering Centre 23 (GC-23) and GC-24.

The scope of the contract also includes a new injection facility at GC-31 and effluent water injection networks in north Kuwait. The project’s latest bid deadline has been set for 5 August.

The second contract is to develop the planned Mutriba remote boosting facility in northwest Kuwait. It was originally tendered earlier this year with a bid submission deadline of 29 June. The deadline has now been extended to 17 August.

The project has an estimated budget of about KD130m ($420m) and its 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.

In October 2024, KOC announced that it was preparing to tender a project management contract for a scheme to develop the field.

At the time, it said four international companies had been invited to participate in the tender process. These were:

  • Schlumberger (US)
  • Halliburton (US)
  • Baker Hughes (US)
  • Weatherford International (US)

KOC also said that the list of qualified companies could be extended before the invitation to bid was issued.

The third project, estimated to be worth $100m, is for an effluent water injection network in north Kuwait. The bid deadline has been extended to 5 August.

Effluent water injection or water flooding is a secondary hydrocarbons recovery technique where produced water is injected into a well’s formation under high pressure and temperature conditions to recover more of the oil initially in place.

The fourth project is estimated to be worth around $100m and is focused on the construction of a new injection network in north Kuwait that will service the Sabriyah/Bahra (SA/BA) area. Its bid deadline has also been extended to 5 August.

The fifth project that has had its deadline extended is focused on developing Jurassic Light Oil (JLO) export facilities and upgrading the existing export network.

The main contract bid submission date for the project, which is understood to have a budget of KD175m ($569m), has been changed to 3 August.

The project was originally tendered in November last year with a bid deadline of 1 December 2024. Other recent deadlines have included 15 July, 24 June, 27 May, 27 April and 6 April.

In an announcement in April last year, KOC prequalified up to 15 contractors to bid for these projects:

  • CTCI (Taiwan)
  • Daewoo Engineering & Construction (South Korea)
  • Fluor (US)
  • Hyundai Engineering & Construction (South Korea)
  • Hyundai Engineering Company (South Korea)
  • Hyundai Heavy Industries (South Korea)
  • JGC Corporation (Japan)
  • Larsen & Toubro Energy Hydrocarbon (India)
  • NMDC Energy (UAE)
  • Petrofac (UK)
  • Saipem (Italy)
  • Samsung E&A (South Korea)
  • Sinopec Engineering Corporation (China)
  • Sinopec Luoyang Engineering Company (China)
  • Tecnicas Reunidas (Spain)

In September 2024, KOC announced a second list of 13 prequalified contractors, with Hyundai Heavy Industries and NMDC Energy removed from the list.

At the time, KOC said that companies not included on the list could file a complaint against their non-inclusion before the official invitation to bid on the project.

It is unclear whether more prequalified companies have been added or removed from the list since September.

The sixth project that has seen its bid deadline extended is focused on developing separation facilities at GC-25 and a water injection facility at GC-30.

The contract is estimated to be worth KD104m ($338m). In the latest extension, the bid deadline has been set for 10 August.

Kuwait is in the middle of an upstream projects push, in line with its goal of producing 4 million barrels a day of oil by 2035.

https://image.digitalinsightresearch.in/uploads/NewsArticle/14364081/main4907.jpg
Wil Crisp

Register for MEED's guest program now to access this article.

Click here to register
Exclusive from Meed
Related Articles
  • Read the March 2026 MEED Business Review

    3 March 2026

    Download / Subscribe / 14-day trial access

    Saudi Arabia’s priorities have shifted over the past decade, with officials at February’s Private Sector Forum confirming a reprioritisation since 2016 that includes postponing the 2029 Asian Winter Games in Trojena and scaling back projects such as The Line in response to global economic uncertainty.

    In 2026, the Public Investment Fund’s role as the main driver of development is shifting towards greater private sector involvement, a transition examined by MEED editor Colin Foreman in the latest issue of MEED Business Review.

    March’s market focus is on Egypt, where the country’s crisis mode is giving way to a cautious revival. 

    This edition also reports that the region’s downstream sector may face subdued project spending in 2026 due to flattening demand and weak margins.

    In the latest issue, we disprove the Ramadan slowdown story, present exclusive leadership insight from Jacobs on delivering Saudi Arabia’s next phase of rail growth and outline some important lessons learnt from a power plant decommissioning. We also talk to senior executives at Enersol, Lamar Holding and Metito. 

    We hope our valued subscribers enjoy the March 2026 issue of MEED Business Review. 

     

    Must-read sections in the March 2026 issue of MEED Business Review include:

    > AGENDA: Saudi Arabia’s private sector picks up the baton

    > RAMADAN: Data disproves the Ramadan slowdown story

    INDUSTRY REPORT:
    Downstream
    > Chemicals producers look to cut spending
    > Global petrochemical project capex set to rise until 2030

    > LEADERSHIP: Delivering Saudi Arabia’s next phase of rail growth

    > POWER: Lessons learnt from a power plant decommissioning

    > INTERVIEW: Abu Dhabi’s Enersol charts acquisitions path

    > INTERVIEW: Lina Noureddin, CEO of Lamar Holding, on the evolving PPP landscape

    > INTERVIEW: Contract award marks Metito’s return to municipal projects

    > MARKET FOCUS EGYPT: 
    > COMMENT: Egypt’s crisis mode gives way to cautious revival
    > GOVERNMENT: Egypt adapts its foreign policy approach
    > ECONOMY & BANKING: Egypt nears return to economic stability
    > OIL & GAS: Egypt’s oil and gas sector shows bright spots
    > POWER & WATER: Egypt utility contracts hit $5bn decade peak
    > CONSTRUCTION: Coastal destinations are a boon to Egyptian construction

    > MEED COMMENTS: 
    >     Winter Games delay raises uncertainty for Saudi construction
    > Duqm petrochemicals revival provides fillip to Gulf projects market
    > Solar deals signal Saudi Arabia’s energy ambitions
    > Hydrogen bridge awaits bankable contracts

    > GULF PROJECTS INDEX: Gulf index leaps upward in 2026

    > JANUARY 2025 CONTRACTS: Middle East contract awards

    > ECONOMIC DATA: Data drives regional projects

    > OPINION: The war that (almost) no one wants

    > BUSINESS OUTLOOK: Finance, oil and gas, construction, power and water contracts

    To see previous issues of MEED Business Review, please click here
    https://image.digitalinsightresearch.in/uploads/NewsArticle/15839736/main.gif
    MEED Editorial
  • Firms prepare Port of Duqm consultancy bids

    3 March 2026

    Oman’s Port of Duqm has issued tender notices inviting consultants to bid for two packages by mid-March.

    The scope of the first tender covers the consultancy services for inspection, scope preparation and supervision of the sewage treatment plant.

    The bid submission deadline is 18 March.

    The scope of the other tender includes the consultancy services for port marine traffic assessment/simulation and impact study.

    The bid submission deadline for this package is on 17 March.

    Both tenders were floated late last month.

    The Port of Duqm is a deepwater, multipurpose port on Oman’s Arabian Sea coast, developed within the Special Economic Zone at Duqm (Sezad).

    Its location outside the Strait of Hormuz is a key advantage, positioning Duqm as a strategic alternative gateway for cargo moving between the Gulf, the Indian subcontinent and East Africa, and supporting Oman’s push to grow non-oil trade and port-led industry.

    Designed to handle a mix of cargoes, including containers, dry bulk, breakbulk and liquid bulk, the port forms part of a wider Duqm complex that also includes a major dry dock and large industrial land allocations for energy, manufacturing and logistics projects.

    As the port and SEZ expand in phases, consultancy tenders typically reflect the next steps in delivery and operations, covering engineering and technical studies, commercial assessments, and readiness planning tied to new terminals and industrial tie-ins.

    https://image.digitalinsightresearch.in/uploads/NewsArticle/15840397/main.jpg
    Yasir Iqbal
  • Diriyah awards Pendry superblock package

    3 March 2026

     

    Saudi Arabian gigaproject developer Diriyah Company has awarded an estimated SR2.5bn ($666m) contract to build the Pendry superblock package in the second phase of the Diriyah Gate development (DG2).

    The contract was awarded to the local firm Saudi Constructioneers.

    The Pendry superblock encompasses the construction of a hotel, known as the Pendry Hotel, along with residential and commercial assets.

    The project will cover an area of 75,365 square metres (sq m) and is located in the northwestern district of the DG2 area.

    Contractors had submitted final proposals for a contract in September last year, as MEED reported.

    The tender was issued in June last year.

    The latest contract follows the Diriyah Company’s award of a SR717m ($192m) contract for the construction of the One Hotel, located in the Diriyah Two area of the masterplan.

    The contract was awarded to the joint venture of local firm BEC Arabia and Indian contractor Ashoka Buildcon.

    The project has a gross floor area of over 31,000 sq m.

    The Diriyah masterplan envisages the city as a cultural and lifestyle tourism destination. Located northwest of Riyadh’s city centre, it will cover 14 square kilometres and combine 300 years of history, culture and heritage with hospitality facilities.

    https://image.digitalinsightresearch.in/uploads/NewsArticle/15778187/main.jpg
    Yasir Iqbal
  • Local firm to develop $598m Muscat tourism project

    3 March 2026

    Oman’s Ministry of Heritage & Tourism has signed an agreement with local firm Sorouh Al-Qurm Real Estate Company to build an integrated tourism complex in the Al-Qurm area of Muscat.

    The project will be developed with a total investment estimated at RO230m ($598m).

    Planned across more than 165,000 square metres (sq m), the development will include two four-star hotels offering over 400 rooms, alongside leisure components such as an indoor games hall and trampoline attractions.

    The site will also incorporate commercial spaces and freehold residential units, among other amenities.

    The agreement was signed by Sayyid Ibrahim Bin Said Al-Busaidi, minister of heritage and tourism, and Khaled Khudair Mashaan, chairman of Al-Argan International Real Estate Company, who signed as the authorised representative for Sorouh Al-Qurm Real Estate Company.

    GlobalData forecasts that the Omani construction industry will expand at an average annual growth rate of 4.2% from 2025 to 2028.

    Growth in the country will be supported by rising government investments in renewable energy and transport infrastructure, as well as in the housing sector, as part of the Oman Vision 2040 plan.

    https://image.digitalinsightresearch.in/uploads/NewsArticle/15839476/main.jpg
    Yasir Iqbal
  • Firms to build Jeddah Islamic port logistics zone

    3 March 2026

    The Saudi Ports Authority (Mawani) has signed an agreement with Dammam-headquartered Sultan Logistics to develop a new logistics zone at Jeddah Islamic Port’s Al-Khumra site.

    According to a statement posted by Mawani on X, the project will cover about 200,000 square metres and represents an investment of SR250m ($66m).

    Planned facilities include warehouses, designated areas for storing and servicing dry and refrigerated containers, and a re-export section.

    Mawani said the development is intended to strengthen the port’s position on the Red Sea by upgrading service quality, supporting private sector participation and contributing to Saudi Arabia’s broader economic diversification goals.

    Jeddah Islamic Port currently operates 62 multipurpose berths and can handle up to 130 million tonnes a year.

    The latest agreement follows Mawani’s April 2025 signing of more than SR500m ($133m) in agreements with local firms to develop two logistics parks at King Abdulaziz Port in Dammam, as reported by MEED.

    In a statement, Mawani said that in 2024, it launched and inaugurated eight logistics parks with an estimated investment of about SR3bn ($800m).

    The firm said: “These investments are part of the broader development of over 20 logistics centres under Mawani’s supervision across Saudi ports, with total investments over SR10bn ($2.6bn).”

    GlobalData expects the Saudi construction industry to record an annual average growth rate of 5.2% in 2025-28, supported by investments in transport, electricity, housing and tourism infrastructure projects, as well as the $850bn-plus gigaprojects programme.

    The infrastructure construction sector is expected to grow at an average rate of 6% in 2025-28, supported by government investments in rail, dams and road infrastructure projects.

    https://image.digitalinsightresearch.in/uploads/NewsArticle/15838212/main.gif
    Yasir Iqbal