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KOC awards Terra Energy service contract
- Kuwait: Thursday, February 21 - 2013 at 03:19
Kuwait Oil Co (KOC) has awarded US-based Terra Energy & Resource Technologies a services contract for oil and gas exploration in the country. The deal was awarded as a result of Terra winning a public tender "Satellite Based New Mapping Technique to Provide Subsurface Structural Features for North and South Ratqa Field" announced by KOC last year. Terra said it is to deploy its Sub-Terrain Prospecting (STeP) technology over a 200 sq km area and complete its analysis within four months.
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