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Kuwait's KNPC eyes $10bn for key refineries revampKuwait National Petroleum Company (KNPC), a state run refiner, is in talks with banks to raise a loan worth around $10 billion to expand and refurbish the Gulf state's main refineries, according to five sources aware of the matter. More… |
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KNPC picks consultants for mega oil projectsKuwait National Petroleum Company (KNPC) has selected Foster Wheeler and Amec companies as consultants for two mega oil projects, estimated to cost around $30 billion. KNPC said in a statement the London-based international engine More… |
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Equities 'still attractive to investors'Equity markets still present attractive value going forward despite the first half of 2011 seeing revolts in Northern African countries, a devastating earthquake and tsunami in Japan and sovereign debt worries in peripheral Europe. "Sector More… |
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Jumbo ships Kuwait refinery heavy equipmentJumbo Shipping, leader in the transport of oversized and heavyweight cargo, has completed its eight-month heavy lift transport contract for Kuwait National Petroleum Company (KNPC). The contract involved the transport of 37 reactors, separ More… |
