21/08/2026 by Joel Thompson
Baker Hughes has won a contract from Kuwait Oil Company (KOC) to cooperate in Kuwait’s Ahmadi Innovation Valley project.
KOC is a subsidiary of the state-owned Kuwait Petroleum Corporation, which also markets fuel, lubricant and grease products under the Q8 brand in Europe. Its aim is to develop a hub in Kuwait focused on researching and innovating oil and gas production in the country.
Under the multi-year contract, Baker Hughes will play a key role in this initiative by establishing a development centre for research and technology in the Ahmadi Innovation Valley. KOC has laid out a technology roadmap that includes various operational challenges. The new centre will seek to address these by evaluating how technological solutions could enhance oil production in Kuwait.
Lorenzo Simonelli, the CEO and chairman of Baker Hughes, said:
“Baker Hughes is committed to deeply understanding KOC’s development aspirations and providing the solutions needed to help achieve them. Working together, we aim to deliver tailored technology solutions at scale that improve production performance and efficiency, supporting KOC’s goals to maximise value from their assets.”
The contract forms part of KOC’s wider strategy to take advantage of outside expertise to further develop its oil and gas production. Artificial intelligence (AI) and digital tools are likely to feature strongly in efforts to lower operating costs, improve recovery rates and limit power and water consumption. Baker Hughes says the centre will help develop local expertise as it evaluates and delivers new innovative approaches for the country’s upstream sector.
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