publish time

21/08/2024

author name Arab Times
visit count

3932 times read

publish time

21/08/2024

visit count

3932 times read

KUWAIT CITY, Aug 21: The Higher Tenders Committee at Kuwait Petroleum Corporation (KPC) has banned the company, which owns the Mangaf property where the fatal fire incident occurred in June and claimed the lives of dozens of Asians, from participating in any tender floated by the corporation and its subsidiaries, said sources privy to the affairs of the committee.

In this regard, an official source from the corporation told the newspaper that he finds this procedure surprising, considering the Public Prosecution had already referred the company’s case file to the Investigations Department in preparation for its referral to the Misdemeanor Court, not the Criminal Court. The source pointed out that the company has a high level of expertise in this field, stating the company was established in 1977 and has operations in Kuwait and the Gulf region.

KPC and its subsidiaries are among the largest integrated oil and gas companies in the world. KPC is a State-owned corporation that adopted all eight companies under its umbrella to form an integrated oil industry in Kuwait. It aims to establish central industry planning efficiently by using large-scale engineering entities to closely coordinate with different bodies to distribute oil and gas operations accordingly. Its objectives include achieving carbon neutrality by 2050 and the zero goal, improving the quality of life, and taking care of the planet.

By Najeh Bilal
Al-Seyassah/Arab Times Staff