Kuwait Oil Company (KOC), a subsidiary of Kuwait Petroleum Corporation (KPC), has signed a $16 billion lease-and-leaseback agreement covering its domestic and export crude oil pipeline network with a consortium led by the Global investment firm, Blackstone, Infrastructure asset manager, Brookfield, and Private equity firm, KKR.
Halliburton has been awarded a multi-year agreement by Kuwait Oil Company (KOC) to support development of the Ahmadi Innovation Valley (AIV), a research and development center designed to accelerate technology innovation across Kuwait’s upstream oil and gas sector.