Arabi Enertech, 73 %-owned subsidiary of Arabi Group Holding Co.(AGHC), was approved by Central Tenders Committee (CTC), for a KWD27.7 million ($98.4m) contract to install a series of pipelines in South East Kuwait.
The company submitted the lowest price bid in April to state-upstream operator, Kuwait Oil Company (KOC) from among nine local engineering, procurement and construction (EPC) firms submitted.The CTC approved the deal on 26 November, but it is yet to be signed by KOC.
If signed, Arabi Enertech will build a series of 6-inch flowlines which will transport crude oil, water and waste from drilling wells to oil and gas gathering centres across South East Kuwait by the end of 2016.
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