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Kuwait Petroleum Company to sign service agreements by end 2015

Reuters - UK Focus

KUWAIT, Oct (HKSE: 3366-OL.HK - news) 12 (Reuters) - Kuwait Petroleum Company (KPC (Shanghai: 600422.SS - news) ) said on Monday it was in talks with Shell (LSE: RDSB.L - news) , BP and Total (Swiss: FP.SW - news) over sign technical service deals and aimed to finalise them by the end of the year.

"It (Other OTC: ITGL - news) will be for heavy oil and greater Burgan and north Kuwait (oilfields), bids will be issued next week, mid-October, and we expect to sign by end of year," Chief Executive Officer Nizar Adsani told Reuters. (Reporting by Rania El Gamal; Writing by Maha El Dahan; Editing by Louise Heavens)