Central Tenders Board: Direct contracting to purchase 5 used oil tankers
Qiyas summary
The Central Tenders Board approved Kuwait Oil Tankers Company's request for direct contracting to purchase five used oil tankers from Scorpio.
Translated by Qiyas from الراي — Original source
The Board of Directors of the Central Tenders Committee approved, by a majority of its members, the Kuwait Oil Tankers Company’s request for direct contracting with Scorpio to purchase five used petroleum product tankers. The Board stipulated that the contract could be finalized only after completing the necessary procedures and obtaining approval from the Kuwait Petroleum Corporation. The decision was taken during the Committee’s meeting, in accordance with Item (1) of Article (19) of Public Tenders Law No. 49 of 2016.
