Kuwait has awarded an oil power contract to Larsen & Toubro Ltd of India worth around 36.9 million Kuwaiti dinars ($122 million), a local newspaper has reported.
The project, awarded by the state-owned Kuwait National Petroleum Company, involves replacement of old power facilities at Al-Ahmadi Oil Refinery in the Gulf emirate, the Arabic language daily Alanba said, quoting KNPC sources.
The contract is part of plans to upgrade Al-Ahmadi Refinery within the OPEC member's Clean Fuel Project (CFP) to boost the country's refining capacity at a total cost of $12 billion, the report said.
Another contract worth around 19.7 million dinars ($65 million) was awarded by the government-owned Kuwait Oil Company to the Kuwaiti Satco Energy Company for the procurement of pipes for oil well development drilling, it added.
(Writing by Nadim Kawach; Editing by Anoop Menon)
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