Tata Consultancy Services (TCS) said that the Commercial Bank of Kuwait (CBK) has selected its TCS BaNCS for Treasury solution for managing risk better, improve asset class coverage, and also for driving future growth. According to the Indian IT services provider, Commercial Bank of Kuwait was looking for a modern, integrated treasury solution to enable […]
Technip Energies said that Technip E&C Limited, its fully-owned subsidiary in the UK, has bagged a contract for project engineering and management services (PEMS) from Kuwait Integrated Petroleum Industries Company (KIPIC) for multiple projects in southern Kuwait. According to Technip Energies, the contract value is in the range of €50 million and €250 million. Kuwait […]
Seegene, a South Korean molecular diagnostics company has been given an order worth more than $4.8 million for supplying its Allplex SARS-CoV-2 Assay Covid-19 diagnostic kits. The exclusive supply agreement was signed by Seegene MIDDLE EAST, the company’s local subsidiary, with the Ministry of Health (MOH) of Kuwait. As per the terms of the agreement, […]
Nokia has signed a deal to provide 5G Fixed Wireless Access (FWA) equipment to Kuwaiti telecommunications company Ooredoo Kuwait for the operator’s customer premises. Ooredoo Kuwait is now providing its residential and business customers with the Nokia FastMile 5G Gateway as a premium internet device. Rima Manna – Head of the Middle East Market Unit […]
COOEC-Fluor Heavy Industries’ fabrication yard in Zhuhai, China, has wrapped up the entire module program for the Al-Zour oil refinery project being developed by Kuwait Integrated Petroleum Industries Company (KIPIC) in Kuwait. The joint venture supplied 188 modules in 20 separate shipments that have a combined weight of 65,000 metric tons for the refinery project […]
Equate Group, a Kuwait-based petrochemicals producer, has inaugurated the new MEGlobal Oyster Creek ethylene glycol plant in Oyster Creek, Texas, as per the latest US petrochemical industry news. The ethylene glycol plant with a capacity of 750,000 metric-tons-annually is part of Equate’s wholly-owned subsidiary, MEGlobal America. The MEGlobal Oyster Creek ethylene glycol plant will produce […]
US oil field services company Halliburton has bagged an integrated offshore drilling services contract from Kuwait Oil Company (KOC) for the drilling of six high-pressure high-temperature (HPHT) exploration wells on two jack-up rigs located in the Arabian Gulf. Financial terms of the contract were not disclosed by the parties. Through Halliburton Project Management, the oil […]