" Central tendering centre " . Restitution of an oil arsenal of 117 million dinars
Source: Al Rai Kuwait (الراي)
Original summary written by Tharwa from the source above. How we source and correct stories
The story in brief
The Central Agency for Public Tenders Committee approved the request of the Kuwait Oil Company, regarding direct contracting with a Bahraini company, to implement an emergency purchase and service request in the category of “disasters”, related to the ship “Al Jaber”... The “Central Agency for Tenders” responded to the request for an oil award of 117 million dinars 10:00 PM The Committee of the Central Agency for Public Tenders approved the Kuwait Oil Company’s request, regarding direct contracting with a Bahraini company, to implement the request. Purchase and emergency service as “disasters” related to the ship “Jabriya II” in the company’s dock in Bahrain, at a value of $5.725 million (equivalent to about 1.762 million dinars), after the company fulfilled the technical and commercial conditions.
Detailed summary
The Central Agency for Public Tenders Committee approved the request of the Kuwait Oil Company, regarding direct contracting with a Bahraini company, to implement an emergency purchase and service request in the category of “disasters”, related to the ship “Al Jaber”... The “Central Agency for Tenders” responded to the request for an oil award of 117 million dinars 10:00 PM The Committee of the Central Agency for Public Tenders approved the Kuwait Oil Company’s request, regarding direct contracting with a Bahraini company, to implement the request. Purchase and emergency service as “disasters” related to the ship “Jabriya II” in the company’s dock in Bahrain, at a value of $5.725 million (equivalent to about 1.762 million dinars), after the company fulfilled the technical and commercial conditions. On the other hand, the “Central Tenders” decided to return the subject of a request to “Kuwait Oil” to award the tender for establishing a water separation facility in Gathering Center 25 and a water pumping facility in Gathering Center 30, based on the request of “Kuwait Oil.”
The award recommendation was related to the bid submitted by one of the companies, as the lowest price, with a total value of 117 million dinars, after completing the work and the evaluation budget. 1.84 million operations and maintenance for “oil tankers” 43 minutes ago Kuwait keeps its oil production at 2.676 million barrels per day in October 5 hours ago The “tenders” also approved a request for direct contracting with one of the companies, to implement an emergency purchase and service request in the event of disasters within the work of salvaging and expanding the scope of work for the ship “Kaifan”, with a contract value of 11.85 million dollars, (equivalent to about 3.647 million dinars), and that After the company fulfills the technical and commercial conditions.
Background & context
This story sits within Kuwait's broader reform agenda and efforts to grow Oil & Gas as a pillar of non-oil GDP. The region benefits from supportive energy prices, expansionary government budgets, and rising interest from sovereign wealth funds and foreign investors.
Key numbers & facts
- The “Central Agency for Tenders” responded to the request for an oil award of 117 million dinars 10:00 PM The Committee of the Central Agency for Public Tenders approved the Kuwait Oil Company’s request, regarding direct contracting with a Bahraini company, to implement the request.
- Purchase and emergency service as “disasters” related to the ship “Jabriya II” in the company’s dock in Bahrain, at a value of $5.725 million (equivalent to about 1.762 million dinars), after the company fulfilled the technical and commercial conditions.
- The “Central Agency for Tenders” responded to the request for an oil award of 117 million dinars 10:00 PM The Committee of the Central Agency for Public Tenders approved the Kuwait Oil Company’s request, regarding direct contracting with a Bahraini company, to implement the request.
- Purchase and emergency service as “disasters” related to the ship “Jabriya II” in the company’s dock in Bahrain, at a value of $5.725 million (equivalent to about 1.762 million dinars), after the company fulfilled the technical and commercial conditions.
- On the other hand, the “Central Tenders” decided to return the subject of a request to “Kuwait Oil” to award the tender for establishing a water separation facility in Gathering Center 25 and a water pumping facility in Gathering Center 30, based on the request of “Kuwait Oil.” The award recommendation was related to the bid submitted by one of the companies, as the lowest price, with a total value of 117 million dinars, after completing the work and the evaluation budget.
Key points
- The Central Agency for Public Tenders Committee approved the request of the Kuwait Oil Company, regarding direct contracting with a Bahraini company, to implement an emergency purchase and service request in the category of “disasters”, related to the ship “Al Jaber”...
- The “Central Agency for Tenders” responded to the request for an oil award of 117 million dinars 10:00 PM The Committee of the Central Agency for Public Tenders approved the Kuwait Oil Company’s request, regarding direct contracting with a Bahraini company, to implement the request.
- Purchase and emergency service as “disasters” related to the ship “Jabriya II” in the company’s dock in Bahrain, at a value of $5.725 million (equivalent to about 1.762 million dinars), after the company fulfilled the technical and commercial conditions.
Why this matters
This matters because activity in Oil & Gas shapes capital flows, hiring and investor sentiment across Kuwait.
Economic & market impact
Potential impact: - Oil & gas majors and oilfield services may react to volume, price or policy signals.
GCC angle
For the rest of the GCC, this is a signal on the pace of activity in Oil & Gas. Capital flows and regulatory decisions in one Gulf state typically travel across borders given the similar economic structures and the coordination inside the GCC framework.
Risks & uncertainty
There is uncertainty around the read-through: projections can be moved by swings in oil prices, by US monetary policy tightening that most GCC central banks track via dollar pegs, and by regional geopolitical events. Headline numbers may also be revised when subsequent official data is published.
What happens next?
Watch for upcoming disclosures from listed names in Oil & Gas, official macro releases for Kuwait, and any commentary from regulators or sovereign wealth funds. Tharwa will refresh this briefing as new public information becomes available.
Sources used
This is an original Tharwa briefing based on the available source material. Read the full article from the publisher.
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