23 Hrs
Source:
الراي
Kuwait Oil approves 24 contractors
Kuwait Oil Company announced its approval of 24 local, regional, and international contractors to carry out onshore drilling and well maintenance operations for shallow wells, in order to enhance its activities in the oil fields. The list includes Kuwaiti companies such as "Burgan Drilling" and "Kuwait Drilling," as well as firms from Oman, the UAE, Saudi Arabia, China, Egypt, India, and Germany, with some registered in the Cayman Islands, Bermuda, and Panama, reflecting a diverse contractor base. The report also noted a decrease in the price of Kuwaiti crude oil, which has fallen to approximately $114.94 per barrel from $120.18 just two days ago.
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