Pipelines for Kuwait Refinery Project? Saipem Set to Develop

Kuwait Oil Co. (KOC), a system of Kuwait Petroleum Corp.( KPC), has actually granted Saipem an around $850 million agreement for an approximately 450-kilometer pipeline system that will feed into KOC’s new Al Zour refinery, Saipem revealed Tuesday.

” We invite with particular satisfaction this brand-new agreement from such a crucial client as KOC,” Saipem CEO Stefano Cao stated in a made up statement. Cao included that the award “marks a new turning point” for Saipem in onshore engineering and structure and building and construction and “combines and reinforces Saipem’s existence in Kuwait.”

The scope of work under the contract consists of constructing a system of pipelines of various size to bring petroleum and natural gas from many KOC South Tank Farm manifolds to the Al Zour refinery, Saipem kept in mind. The enhanced items also will feed the Northern Power Station owned by Kuwait’s water and electrical power ministry, Saipem added.Kuwait National Petroleum Corp., a system of KPC, defines on its site that the 615,000-barrel each day (bpd) Al Zour job is the world’s greatest grassroots refinery and will enhance Kuwait’s overall refinery ability to 1.4 million bpd.