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KUWAIT INVITES BIDS FOR MAJOR JURASSIC NATURAL GAS FACILITIES DEAL

After years of delays, Kuwait has finally invited bids for the long-planned development of non-associated gas fields in the north of the country, as it aims to meet growing domestic gas demand and provide feedstock for new petrochemicals projects, sources in Kuwait said Tuesday.

Engineering, procurement and construction companies have until the end of February to submit their proposals, the sources said.

Kuwait has struggled to develop its high-pressure, sulfur-rich sour gas resources in the north of the country, known as the Jurassic gas project, which was launched in 2010, with non-associated gas production remaining static at just 180 MMcf/d.

However, Kuwait Oil Co. is already working to raise this to 510 MMcf/d, along with 200,000 b/d of light oil, by the end of the year.

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