Kuwait Awards Contracts Worth $500 Million in September 2026
Kuwait awarded contracts worth $500 million in September 2026, with the oil and gas sector taking the largest share, led by a $381 million contract between Kuwait Oil Company and India's Mega.
Translated by Qiyas from القبس — Original source
Ibrahim Muhammad: Kuwait awarded contracts worth $500 million in September 2026, with the oil and gas sectors capturing the largest share, according to a report published by MEED on contract award activity in the Middle East and North Africa. The top Kuwaiti award was a $381 million contract, awarded by Kuwait Oil Company to India’s Mega Engineering and Infrastructure for the development and construction of a water separation unit at the Al-Roudhatain facilities. The project includes the construction of a water separation facility at Gathering Center 25, as well as a pumping facility at Gathering Center 30.
Regionally, the value of contracts awarded in September reached $15.7 billion, down from $24.1 billion in August. The third quarter of 2026 concluded with awards totaling $59.7 billion, compared to approximately $104 billion during the same period in 2025.
Saudi Arabia led the regional markets with awards worth $5.4 billion, most of which stemmed from a $3.5 billion contract awarded by SABIC to South Korea’s Samsung Engineering to implement the SAN-7 project in the Jubail Industrial City. The project’s production capacity is estimated at 1.2 million metric tons per year of conventional ammonia and 2.6 million metric tons per year of urea.
Qatar followed with awards totaling $5.2 billion, driven by two contracts worth a combined $5 billion for the expansion of the Midan Mahzam offshore oil field. According to MEED, QatarEnergy selected a consortium comprising Petrovietnam Services and Singapore’s Citrium to execute the first package, while the China Offshore Oil Engineering Company won the second package.
The UAE recorded contracts worth $2.2 billion, including approximately $1.9 billion in the construction sector. The largest was a $583 million contract awarded by Dubai Holding to the China State Construction Engineering Corporation to implement the “Jumeirah Residences Emirates Towers” project in Dubai. The Chinese company also won a $300 million contract to build the headquarters of Dubai Holding.
