Baker Hughes announces that it has signed a MOU with Kuwait Oil Company (KOC). As part of the MOU, the company will establish a research and development center in the new hub for industry collaboration to tackle some of the country’s most important energy topics.
As part of the MOU, both the companies will work to Optimize production through cutting edge artificial lift, chemicals and digital technology, solve challenges on KOC’s technology roadmap, Develop Kuwait’s national research capabilities and enhance local expertise and Promote economic growth and employment in the country.
We are honored to collaborate with KOC to achieve progress at scale for the nation’s oil and gas industry, the company mentioned.
