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Sun 30 Sep 2007 08:11 PM

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International firms vie for Kuwaiti tender

Kuwait Oil Company receives requests from 13 firms to build storage tanks, report claims.

State upstream firm Kuwait Oil Company (KOC) has received requests from 13 international firms to take part in a tender to build several tanks, a newspaper said on Sunday.

Kuwaiti daily Al-Rai said in an unsourced report that 20 firms had been originally asked to submit proposals. Construction of the storage tanks would last two years. It did not name the companies or give a value for the tender.

KOC, a unit of Kuwait Petroleum (KPC), is in charge of oil exploration in the world's seventh-largest oil producer.

The company could not be reached for comment.

Separately, Al-Rai said Korea's SK Engineering & Construction would start building oil gathering centre 24 in the Sabriya oil field in northern Kuwait in October, adding the project was worth around $1 billion.

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