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Kames Petroleum Services Ltd. has successfully registered for Value Added Tax (VAT) with the Federal Tax Authority (FTA). .

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press releases

July 13, 2008 Kuwait City, Kuwait

Kames Petroleum Services Concludes Tender Evaluation For Construction Contract For Taweelah - Fujairah Gas P

Kuwait City, Kuwait, July 13, 2008 – Kames Petroleum Services announced today that it is in the process of concluding the evaluation of Priced Tenders for the construction contract of its new Taweelah to Fujairah Gas Pipeline (TFP) across the Kuwait.

Five Priced Tenders from international construction companies have been received by Kames Petroleum Services of which three are within a competitive range.  They are: Consolidated Contractors International (CCC), Greece; Stroytransgaz (STG) of Russia and Saipem/Snamprogetti of Italy.  The award is expected to be finalized by August 1, 2008.

The award for the TFP line pipe was announced earlier, in December 2007. The order went to Salzgitter Mannesmann International GmbH, and is worth more than $200 million: some 120,000 tons of X70 48-inch coated line pipe will be supplied in total. Already more than 40 percent of the pipe lengths have been received, with delivery completion set for spring 2009.

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