Kuwait Oil Company (KOC) is set to award contracts worth KD230 million ($754 million) to leading companies for the supply of 31 drilling towers. The five-year deals will be inked with local companies - Burgan Wells Drilling and Kuwaiti Drilling Company - and seven other international firms represented by Chinese company Sinopec, Jerry, Aleph, Egyptian company Sino Tharwa Drilling and Schlumberger, reported Arab Times. This is part of the company’s ...