Penspen JV wins $10m Kuwait pipeline deal
Penspen and Dar Al Handasah, operating as a joint venture, have been awarded a new project management contract by Kuwait Gulf Oil Company to manage the engineering, procurement and construction of a new gas and condensate pipeline. The pipeline runs both offshore and onshore from Khafji in Saudi Arabia to the final destination of Mina Al Ahmadi in Kuwait.
The two companies, both members of the Dar Group, have been providing FEED and project management services for this new pipeline since March 2010. The project is now at an advanced stage and will be completed under this new contract, which is set to run for 18 months.
Penspen’s EVP for Project Performance Chris Williams said “We have had a really good relationship with KGOC since we started on the FEED and we look forward to being involved right through to commissioning. We see this as a really interesting project involving facilities, multi phase flow and both onshore and offshore pipelines. The combined strengths of Dar’s track record in the region and Penspen’s broad technical expertise have made our partnership a real success”.
Penspen is an energy services company that is committed to shaping the delivery of tomorrow’s energy by helping its clients engineer and operate their assets across the entire project lifecycle, maximising returns and delivering technical excellence.
About Kuwait Gulf Oil Company
The Kuwait Gulf Oil Company (K.S.C) was founded on February 10, 2002 to represent the State of Kuwait in the Divided Zone. It began its primary role in that regard on January 5, 2003 when it took over the management of Kuwait DZ off shore area from the Arabian Oil Company Ltd. on the expiry of that company’s concession agreement.