KGOC poised to float $3.3 billion onshore gas project tender
Kuwait Gulf Oil Company (KGOC) is expected to float a tender for a major onshore gas facility development project, with an estimated value of around $3.3 billion, before May 2026.
According to industry publication MEED, the project is being pursued on a fast-track basis, after the tender was originally expected to be launched before the end of last year. The accelerated timeline reflects the strategic importance of the project to Kuwait’s energy development plans and its efforts to boost domestic gas production, reports Al-Rai daily.
The planned facility will have a production capacity of up to 632 million cubic feet per day of gas, in addition to 88.9 million barrels per day of condensates extracted from the offshore Al-Durra field.
The project is expected to play a key role in supporting Kuwait’s growing energy demand, enhancing fuel supply for power generation, and reducing reliance on imported gas.
The development of the onshore gas facility is part of broader national plans to maximize the value of Kuwait’s hydrocarbon resources and strengthen the country’s energy security. It is also aligned with Kuwait’s long-term strategy to expand gas production to meet industrial and electricity sector needs.
Once tendered, the project is expected to attract strong interest from international engineering, procurement, and construction (EPC) contractors, given its scale, technical complexity, and strategic significance within the Gulf energy market.
