Kuwait’s Combined Group Contracting (CGC) has signed two infrastructure contracts with state-owned upstream operator Kuwait Oil Company (KOC).The contracts are worth a total of KD31.9m ($104.3m).The first contract, valued at KD19.2m, is focused on installing a feeder trunk line in the Umm Naqa area to connect to existing Jurassic production facilities in the region.The second contract, worth KD12.7m, is focused on a gas export pipeline in west Kuwait.The scope of the contracts includes engineering, procurement and construction (EPC) work to boost gas export capacity from west Kuwait to central processing hubs.KOC’s parent company, Kuwait Petroleum Corporation (KPC), aims to raise its domestic oil production capacity by 33% by 2035 while boosting operational efficiencies to lower cost per barrel and reducing emissions to stay on track to net zero.In March, Bader Al-Attar, the managing director of planning and finance at KPC, said the company would invest to increase production capacity to reach 4 million barrels a day by 2035 and maintain that level of capacity until 2040. (ICE KUWAIT)

Fonte notizia: Meed