(WO) — Baker Hughes has secured a multi-year contract with Kuwait Oil Company (KOC) to develop and deploy technologies aimed at improving upstream production performance and efficiency in Kuwait.
Under the agreement, Baker Hughes will serve as a technology collaborator for KOC’s Ahmadi Innovation Valley (AIV), an in-country research and innovation initiative focused on addressing the operator’s oil and gas development priorities.
The companies will develop and evaluate technologies targeting production optimization, flow assurance and other areas identified in KOC’s technology roadmap. The program will draw on Baker Hughes’ digital and artificial intelligence (AI) automation technologies, including solutions designed to increase recovery from existing wells, reduce operating costs and water production, and lower power consumption.
“Working together, we aim to deliver tailored technology solutions at scale that improve production performance and efficiency, supporting KOC’s goals to maximize value from their assets,” said Lorenzo Simonelli, chairman and CEO of Baker Hughes.
As part of the contract, Baker Hughes will establish a dedicated research and technology development center in Kuwait. The facility will support the evaluation of new technologies, deployment of successful solutions at scale and development of local technical expertise.
The award expands Baker Hughes’ longstanding presence in Kuwait, where the company has provided upstream energy technology and services for more than four decades.
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