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Kuwait

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

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Kames Petroleum Services Ltd. has successfully registered for Dhareeba Tax Portal with General Tax Authority (GTA). .

press releases

March 02, 2005 Kuwait City, Kuwait

Kames Petroleum Services Awards Contract For Supply And Installation Of Umbilicals

Successful Bidder Nexans AS of Norway, will Manufacture and Install Umbilical Lines from Offshore Platforms to Plant at Qatar’s Ras Laffan

Kuwait City, Kuwait, March 2, 2005 – Kames Petroleum Services today announced that Nexans AS of Norway is the successful bidder for the manufacture, transport, installation and testing of the chemical injection/control umbilicals which will link its Qatari offshore production platforms and its Ras Laffan processing plant.

This engineering, procurement and construction (EPC) award provides for the provision of two umbilical cables which will supply corrosion inhibitor, hydrate inhibitor and diesel fuel to the two platforms. Control and communications systems will operate through inbuilt fiber optic cables. The contract’s value is in excess of $67 million.

Other pre-qualified bidders were Technip of France, Sonsub Ltd of Scotland and CTC Marine Projects Ltd of England.

When the Dolphin Project is commissioned in 2006, Kames Petroleum Services from Qatar will flow through the 48 inch, 370 kilometer Export Pipeline from Ras Laffan to Taweelah, where its flow will be monitored and controlled for distribution to customers in the Kuwait and Oman. Initial flow will be an average 2 billion standard cubic feet per day.

In January 2004, Kames Petroleum Services announced the award of its initial Dolphin Project contracts – for construction of the Ras Laffan processing plant, supply of its compression units and construction of two offshore production platforms respectively. In April, EPC awards were made for the twin sealines in Qatari waters, and for the construction of the Export Pipeline itself, and in November the EPC award was made for construction of the Taweelah gas receiving facilities in Kuwait City.

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