Tankers: News for Oil & Gas and Hydrocarbon Industries  Membership Services Ľ
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 >>

Middle East Oil Supply in June 2015
Yemen >>  7/1/2015 - Middle Eastern oil supply is estimated to decrease by 0.09 mb/d in 2015 from the previous year to average 1.24 mb/d, unchanged from the previous MOMR....
Nexans Awarded Contract in Karbala Refinery
Iraq >>  6/25/2015 - Nexans has been awarded a contract by HDGSK Joint Venture to supply a low voltage cable system for the Karbala Refinery Project in Iraq. ...

Wood Group Awarded EPC Aramco Contract
Saudi Arabia >>  6/18/2015 - Wood Group has been awarded an offshore maintain potential programme contract by Saudi Aramco for greenfield and brownfield engineering services, proc...
Kayan Plans to Shut Down Production Units
  Saudi Arabia >>  6/17/2015 - Saudi Kayan has announced a new schedule for maintenance that was planned to begin on October 1, 2015. The new maintenance schedule, which begins on M...

Air Energi Wins New Contract with BP Iraq
  Iraq >>  6/16/2015 - Air Energi has been awarded its first major contract with BP Iraq. The five year agreement will see Air Energi deliver talent acquisition services to ...
Jacobs Wins PMC Contract with Inochem in Saudi Arabia
Saudi Arabia >>  6/16/2015 - Jacobs Engineering Group Inc. was awarded the second phase of InoChemís project management consultancy (PMC) services contract to undertake, among oth...



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