Kuwait signs $12 bn oil contracts, tenders others

Kuwait signs $12 bn oil contracts, tenders others
Kuwait City (AFP) April 13, 2014 - The Kuwait National Petroleum Company on Sunday signed contracts worth $12 billion (nine billion euros) with three international consortia to upgrade two refineries and invited bids to build a new multi-billion-dollar refinery. State-owned KNPC's chief Mohammed al-Mutairi signed the contracts with the three consortia led by Britain's Petrofac, US Fluor and Japan's JGC Corporation. Most of th ... morehttp://www.energy-daily.com/reports/Kuwait_signs_12_bn_oil_contracts_tenders_others_999.html