The approval of the budget for two major oil projects affiliated ti the Kuwait Oil Company has been postponed, according to informed sources in the oil sector.
A local Arabic daily quoting the MEED magazine said the cost of the projects is about $1.35 billion and as for the assembly centers that will be developed, they have the following numbers: GC-1, GC-2, GC-11, and GC-19.
It was expected earlier that the project of these assembly centers would be launched in October or November of this year, but due to the delay in approving the project budget so far, the tendering may witness further delays.
As for the second project, which was affected by the delay in approving its budget, it relates to the expansion of two sewage disposal plants in oil facilities, which are known by convention as EWDP-1 and EWDP-2. The value of these two projects is estimated at about $650 million.
The first station project, EWDP-1, is located about 20 km south of downtown Kuwait City, and the second project, EWDP-2, is located about 40 km south.
MEED magazine had reported in December of last year that the preliminary engineering and designs for the project had been completed. It is noteworthy to make a mention that the disposal of water associated with oil production has been a source of concern to the Kuwait Oil Company for at least two decades.
The Burgan oil field, which is the second largest oil field in the world, has witnessed successive increases in the water content of the oil produced, as much of the water produced is disposed of using dedicated injection wells.
