ZAWYA: CGC confirms receipt of official award letter for KOC flowlines contract

About this update from Combined Group Contracting Co. Sakc

Staff WriterKuwait’s Combined Group Contracting Co. (CGC) announced on Sunday the receipt of a formal award letter from Kuwait Oil Company (KOC) for a contract for the construction of flowlines and associated works worth 77.34 million Kuwaiti dinars ($250 million).The company had first announced the contract award in a bourse disclosure in February 2026.The contract, awarded under Tender No. RFP-2141028, will be executed over a period of 60 months, the disclosure noted.CGC said the financial impact of the contract will be reflected in its financial statements during the implementation phase, with further updates to be provided as the project progresses.(Writing by Deva Palanisamy; Editing by Anoop Menon)([email protected])Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

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