KGOC Signs KD 48.2-Million Contract with Burgan Drilling

Source: KUNA 10/1/2011, Location: Middle East

Kuwait Gulf Oil Company (KGOC) signed a five-year contract with Burgan Company for Well Drilling, Trading and Maintenance, to dig and carry out a maintenance operation for wells in Al-Wafrah area at a total cost of KD 48.2 million. In a press statement, Burgan Company said the contract was signed by its Board Chairman Ahmad Hamad Al-Hamad and Chairman of the KGOC Muaed Al-Bassam in a huge ceremony held here.

KGOC Chairman Al-Bassam said the contract is part of the historic and long-standing partnership between the two companies. "Burgan Company has carried out many well digging infrastructure and maintenance operations for the KGOC," he said, adding that his company is planning a series of huge projects to increase its oil production to 500,000 barrels per day. For his part, Al-Hamad thanked KGOC for its confidence in the Burgan Company.


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Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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