Page 10 - MEOG Week 05 2022
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MEOG                                             TENDERS                                               MEOG


       KOC to issue water injection tenders





        KUWAIT           STATE-OWNED Kuwait Oil Co. (KOC) is    They noted that KOC leverages a combina-
                         expected to issue tenders for high-pressure water  tion of seawater and water produced with oil
                         injection to increase oil production from north-  output in reservoir injection from its collection
                         ern oilfields.                       centres “to ensure the best results are obtained”.
                           Local industry sources were quoted by the  Adding that KOC’s daily water injection rates are
                         Kuwaiti Al-Anba Arabic language daily as saying  calculated quarterly, the sources noted that the
                         that the tenders would relate to KOC’s assembly  water requirements of planned fields are “con-
                         centres 29 and 30, which each have a capacity of  stantly” being raised to support the company’s
                         100,000 barrels per day (bpd) of oil and 60mn  strategic oil capacity target.
                         cubic feet (1.7mn cubic metres) per day of gas.  So far, KOC has completed a project to inject
                           According to reports in October by KOC’s  500,000 bpd of water supplied from its assembly
                         parent firm Kuwait Petroleum Corp. (KPC) and  centres and it is working on another of the same
                         the Ministry of Oil, such water injection facilities  capacity in North Kuwait, which the sources said
                         will be central to the company’s plans to increase  would comply with international standards for
                         Kuwait’s maximum sustainable capacity for  water quality.
                         oil production from the current 2.6mn bpd to   News of the water injection tenders comes
                         3.5mn bpd by 2025, and 4mn bpd a decade later.  just a week after reports emerged of a planned
                           Meanwhile, KPC CEO Hashem Hashem  tender for pipelines to support KOC’s fourth
                         highlighted work on gathering centres, the  and fifth Jurassic Production Facilities, which
                         expansion of water-handling facilities as well as  will have a total combined capacity of 100,000
                         upgrades to existing Jurassic production facil-  bpd of light crude and 300 mmcf (8.5mcm) per
                         ities and the addition of new production units  day of gas.
                         and wells, particularly from North Kuwait, as key   Meanwhile, work is ongoing to expand drill-
                         to this growth.                      ing across the country as KOC seeks to raise the
                           The sources quoted by Al-Anba said that  number of wells it drills each year to an average
                         raising water injection capabilities would serve  of 700 as part of a $6.1bn capital expenditure on
                         to prolong the lifespan of the emirate’s reservoirs.  exploration activities over the next five years.™



















































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