Mubasher: The Central Agency for Public Tenders has approved Kuwait Oil Company’s (KOC) request to award the development of the gas and condensate network in the Eastern Province of Kuwait to Arabi Enertech Company, a subsidiary of Arabi Group Holdings.
The contract's total value amounted to KWD 27.8 million ($92.1 million), Al Qabas newspaper reported.
By the end of April 2018, Arabi Holdings announced that its 73%-owned subsidiary, Arabi Enertech, was awarded a tender by KOC with an amount of KWD 11.9 million.
