Kuwait Oil Company announces the bid results for supply of casing for development drilling workover and cretaceous wells.
Eleven bidders has submitted the proposals. However, Only two bidders has submitted the complete groups of supply.
Kuwait based Oil and Gas firm, Burgan One Commercial Establishment has submitted the lowest proposal for the complete group of supply.
Burgan One submitted the price of KWD 18,945,282 (USD 62,071,765).
Project scope of works includes the supply of casing of sizes 10 3/4”, 9 5/8″ & 7″.
The sizes are categorized in five groups. A total of 2,570,040 casing of will be procured as part of this bid.
Each of the group has different delivery period from 26 weeks up to 34 weeks.
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