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Friday, April 19, 2024 6:54 GMT
A budget totaling US$22 million has been allocated to a Kuwaiti oil upgrade project, MEED reported. The project will work on upgrading chemical injection and monitoring systems in North Kuwait. A government-owned subsidiary of Kuwait Petroleum Corporation, Kuwait Oil Co., is the client working on the project. This comes following a series of mini upstream projects by the subsidiary in the second half of 2021 and 2022.Large oil and gas projects in the GCC country, including the US$16 billion Al-Zour refinery, as well as the US$10 billion Al-Zour petrochemicals complex, have recently experienced several delays.