Baker Hughes has secured a multi-year contract with Kuwait Oil Company (KOC) to collaborate on technologies that enhance upstream production performance and efficiency.
Under the agreement, Baker Hughes will act as a technology partner for KOC’s Ahmadi Innovation Valley (AIV), a local research and innovation initiative designed to tackle the operator’s oil and gas development challenges.
The collaboration will focus on developing and testing solutions for production optimization, flow assurance, and other key areas of KOC’s technology roadmap. Baker Hughes will utilize its digital and artificial intelligence (AI) automation systems to help boost recovery from existing wells, lower operating costs, minimize water production, and reduce energy 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.
To support the initiative, Baker Hughes will establish a dedicated research and technology development center in Kuwait. This facility will be used to evaluate new technologies, implement successful solutions on a larger scale, and train local technical talent.
This contract strengthens Baker Hughes’ long-term commitment to Kuwait, where the company has delivered upstream energy technology and services for over 40 years.
