Kuwait Oil Company (KOC) signed 129 contracts worth approximately 2.2 billion dinars during the first half of 2026 as part of efforts to expand production capacity, strengthen drilling and exploration operations, and upgrade oilfield infrastructure.
The contracts cover a wide range of activities, including drilling and well maintenance, flowline projects, cementing and testing services, infrastructure development, technical consultancy, cybersecurity, medical services, and operational support.
The agreements reflect KOC’s ongoing strategy to enhance the efficiency of its oil assets and support Kuwait’s long-term plans to increase production capacity.
Among the largest contracts signed during the period was the integrated Mutriba project, valued at 466.6 million dinars, along with contracts for the construction of flow lines and related works worth 174.2 million dinars.
Other major agreements included the company’s group health insurance policy worth 127.4 million dinars and the Wadi Al-Ahmadi Research Center project (Package B) valued at 118 million dinars.
During January, KOC signed 13 contracts worth 49.6 million dinars, including agreements for the supply of 1,500-horsepower drilling rigs for well maintenance operations worth 13.4 million dinars, enterprise geographic information system services worth 12.8 million dinars, and hazardous waste management services for drilling operations worth 9.8 million dinars.
February recorded the highest-value contracts, with 20 agreements totaling nearly 650 million dinars. Major deals included management of the integrated Mutriba project worth 466.6 million dinars, new water injection network projects in northern Kuwait worth 59.7 million dinars, and pipeline and manifold works valued at 34.7 million dinars.
In March, the company signed 27 contracts worth around 250 million dinars, focusing mainly on drilling and production operations.
The agreements included the supply of drilling rigs from international and regional companies, rock drill bits worth 35 million dinars, and exploration and development consultancy services valued at 12.4 million dinars.
April saw the signing of 20 contracts worth approximately 500 million dinars, including the employee health insurance policy, flowline construction projects, and cement services supporting drilling and well maintenance operations.
In May, KOC concluded 29 contracts worth nearly 300 million dinars, with key agreements covering flowline construction packages worth around 195.7 million dinars, drilling equipment supplies, cementing services, and specialized consultancy for transformation initiatives.
During June, the company signed 20 contracts valued at about 320 million dinars. The major agreements included the Wadi Al-Ahmadi Innovation Research Center project worth 118 million dinars, electric submersible pump systems worth 45.6 million dinars, and rock drill bit supply contracts worth 20.9 million dinars.
The latest contracts highlight KOC’s continued investment in oilfield modernization, technological development, and infrastructure upgrades to support Kuwait’s energy sector and future production targets.
