Tankers: News for Oil & Gas and Hydrocarbon Industries  Membership Services
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account
Products and vendors Services and providers Jobs

Kuwait to Purchase Nine Oil Tankers

Source: KUNA 1/26/2012, Location: Middle East

Share |

As part of efforts to enlarge and modernize its tanker fleet, Kuwait plans to sign a number of contracts with giant international builders of oil tankers in the coming thirty days for building nine new tankers. In press statements on sideline of Kuwait National Petroleum Company's celebrations of the Environment Day, Chairman and Managing Director of the state-run Kuwait Oil Tankers Company, KOTC, Nabil Bouresly said that KOTC will sign on January 30 contracts with South Korea's Daewoo Shipbuilding and Marine Engineering company (DSME) for building five oil tankers.

Bouresly added that KOTC will also sign mid-February contracts with Hyundai Company for building four tankers of petroleum products. The nine tankers will be eco-friendly and equipped with state-of-the-art technology, he pointed out, adding that the construction and delivery of the tankers will be completed by end of 2014.

"By this move, KOTC realizes its strategic goal set in coordination with the Kuwait Petroleum Corporation to enhance KOTC fleet to include 33 tankers," Bouresly said. He underlined that the environment protection is on top of KOTC priorities. Bouresly also unveiled that nearly 45 percent of the butane gas cylinders project have been completed and the production will start as of mid 2014.

Tankers News in Kuwait >>

Mcdermott Awarded EPCI Contract by Qatar Petroleum
Qatar >>  3/2/2015 - McDermott International, Inc. has been awarded a large project for a new jacket, temporary deck and replacement umbilical by Qatar Petroleum for the N...
Genie Spuds First Exploratory Well in Northern Israel
  Israel >>  2/17/2015 - Genie Energy Ltd., an oil and gas exploration company and retail energy provider, said that its Afek subsidiary has spudded its first exploratory well...

Middle East Oil Demand in February 2015
Saudi Arabia >>  2/11/2015 - In Saudi Arabia, December 2014 oil demand was robust once more in line with the healthy oil demand performance achieved in 2014. Product demand grew b...
Tecnimont Awarded $490m EPC Contract in UAE
United Arab Emirates >>  2/9/2015 - Maire Tecnimont S.p.A. announces that its main subsidiary Tecnimont S.p.A. in Consortium with Archirodon has received a Letter of Award (LOA) for an E...


Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

Related Articles: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 


Kuwait Oil & Gas 1 >>  2 | 3 | 4 |

More News

Oil & Gas Companies in Kuwait >>

Related Links

Countries Quick Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed