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Supreme Council for Purchasing Approves 3 Emergency Contracts for Oil Tankers Worth KD 5.38 Million

Supreme Council for Purchasing Approves 3 Emergency Contracts for Oil Tankers Worth KD 5.38 Million
Qiyas summary

Approval granted for the repair of two tankers and the salvage and security of a third tanker for Kuwait Oil Tankers Company.

Translated by Qiyas from الجريدة — Original source

The Supreme Purchasing Committee for Kuwait Petroleum Corporation (KPC) and its subsidiaries tenders approved three emergency contracts, classified as disaster-related, in favor of Kuwait Tanker Company, with a total value of approximately 5.38 million dinars. These contracts cover the repair of two tankers and towing, salvage, and security operations for a third tanker.

According to the official gazette “Kuwait Today,” the committee awarded the emergency repair works for the tanker “Yarmouk” to the Arab Shipbuilding and Repair Company (ASRY) for 1.083 million dinars, following the first phase of negotiations, with the works to be carried out while the tanker is in dry dock. It also approved direct contracting with the same company to repair the tanker “Fintas” for 2.146 million dinars, over a period of 70 days from the date of issuance of the purchase and service order.

The approvals also included direct contracting with Ambrey Services FZCO for 2.15 million dinars to carry out towing, salvage, safety, and security operations related to the incident involving the tanker “Kazima 3,” for a period of six months from the date of issuance of the purchase and service order.

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