Kuwait Oil Company (KOC) awards the project related to Supply of Rig for Work-over Operations.
The Project has been awarded to Egypt based Oil and Gas firm, Sino Tharwat Drilling Company.
The value of signed contract is KWD 25.4 million (USD 84.5 millions).
Project Scope of Works includes the supply of two Rigs for Work-over operations in KOC oil fields.
Duration of the project is 1826 days.
Earlier, during February 2021, Kuwait awards $360m workover rig service contract to Sinopec (read more)
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