Gulf Spic General Trading & Contracting, a leading Kuwaiti group delivering engineering, procurement and construction services to the energy sector, has emerged as the lowest bidder for the Booster Stations Enhancement Project of Kuwait Oil Company (KOC).

In total, KOC had received four bids for the upgrade of BS-140 and BS-150 booster stations, both located in south-east Kuwait. The rehabilitation scheme undertaken by Kuwait Oil Company (KOC) involves the scope of replacing dehydration facilities, installing new pipelines and building associated infrastructure facilities.

For the Kuwait Oil project, the Gulf Spic General Trading & Contracting had submitted a bidding amount of KD41.2 million ($132.4 million) followed by Combined Group Contracting Company at KD45.4 million ($146 million).

The scope of work includes improvement of facilities at the two booster stations, setting up of new dehydration units, pipelines as well as safety systems, it added.-TradeArabia News Service