KD 5.38 Million for Three Emergency Contracts for Kuwait Oil Tankers

The Supreme Committee for Purchases of tenders at the Kuwait Petroleum Corporation and its subsidiaries approved three emergency contracts under disaster provisions in favor of the Kuwait Tanker Company, with a total value of approximately 5.38 million dinars. These contracts cover the repair of the tankers “Yarmouk” and “Fintas,” as well as the execution of towing, salvage, safety, and security operations related to the tanker “Kuwait 3.”

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.

The committee also approved direct contracting with the same company for the repair of the tanker “Fintas,” valued at 2.146 million dinars, for 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 works related to the incident involving the tanker “Kuwait 3,” for a period of six months from the date of issuance of the purchase and service order.