GE Oil & Gas has signed a memorandum of understanding (MOU) with the Kuwait Oil Co. (KOC), a subsidiary of Kuwait Petroleum Co., to collaborate in the state of Kuwait in R&D, develop cost-effective solutions for the oil and gas sector and provide specialized training programs for engineers to strengthen Kuwaiti skilled talent, according to a press release.
Hashem Hashem, CEO of Kuwait Oil Co., said, “As we go forward, realizing success will hinge on collaborating with local and international institutions. For this, KOC approached GE Oil & Gas to achieve a collaborative partnership that comes in line with Kuwait International Petroleum Research Center’s collaboration strategy and can be used to promote cooperation in areas that address our collective challenges and to support the acceleration of the learning curve in KOC in accordance with R&D/TM Roadmap. The parties, KOC and GE Oil & Gas, shall together promote cooperation in R&D and technology innovations, education and training and the development of KOC employees.”
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