AGL 39.75 Decreased By ▼ -0.25 (-0.63%)
AIRLINK 129.12 Increased By ▲ 0.06 (0.05%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.70 Increased By ▲ 0.21 (4.68%)
DCL 8.45 Decreased By ▼ -0.10 (-1.17%)
DFML 41.19 Increased By ▲ 0.37 (0.91%)
DGKC 82.81 Increased By ▲ 1.85 (2.29%)
FCCL 33.20 Increased By ▲ 0.43 (1.31%)
FFBL 73.85 Decreased By ▼ -0.58 (-0.78%)
FFL 11.90 Increased By ▲ 0.16 (1.36%)
HUBC 110.75 Increased By ▲ 1.17 (1.07%)
HUMNL 14.55 Increased By ▲ 0.80 (5.82%)
KEL 5.22 Decreased By ▼ -0.09 (-1.69%)
KOSM 7.65 Decreased By ▼ -0.07 (-0.91%)
MLCF 39.01 Increased By ▲ 0.41 (1.06%)
NBP 63.90 Increased By ▲ 0.39 (0.61%)
OGDC 194.87 Increased By ▲ 0.18 (0.09%)
PAEL 25.79 Increased By ▲ 0.08 (0.31%)
PIBTL 7.31 Decreased By ▼ -0.08 (-1.08%)
PPL 155.00 Decreased By ▼ -0.45 (-0.29%)
PRL 25.90 Increased By ▲ 0.11 (0.43%)
PTC 17.60 Increased By ▲ 0.10 (0.57%)
SEARL 82.00 Increased By ▲ 3.35 (4.26%)
TELE 7.62 Decreased By ▼ -0.24 (-3.05%)
TOMCL 33.48 Decreased By ▼ -0.25 (-0.74%)
TPLP 8.53 Increased By ▲ 0.13 (1.55%)
TREET 16.50 Increased By ▲ 0.23 (1.41%)
TRG 57.00 Decreased By ▼ -1.22 (-2.1%)
UNITY 27.65 Increased By ▲ 0.16 (0.58%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,539 Increased By 93.9 (0.9%)
BR30 31,313 Increased By 123.7 (0.4%)
KSE100 98,373 Increased By 574.8 (0.59%)
KSE30 30,694 Increased By 212.9 (0.7%)

A joint venture between Saudi Arabia and Kuwait has extended the bidding deadline for two projects at al-Khafji oilfield to December 28, bidders said on Saturday. The original deadline for both contracts was September 28, but has been extended several times at the request of bidders.
The two projects cover expansion of offshore oil facilities and construction of water treatment facilities at the oilfield. Khafji, which is in the Neutral Zone between the two countries, has oil production capacity of around 550,000 bpd. The kingdom and Kuwait plan to boost capacity in the zone to 700,000-900,000 bpd by 2030.
The al-Khafji Joint Operations Company (KJO) has also extended a bidding deadline to updgrade onshore crude facilities, which include a crude and gas treatment plant at its Hout field to February 8 from December 28, two contractors said. The offshore crude project, which aims to raise production from Khafji, mainly provides for the installation of new power distribution platforms, submarine power cables and well jackets. For the onshore water treatment facilities, contractors will have to overhaul an existing plant and build a new one.

Copyright Reuters, 2009

Comments

Comments are closed.