<div id="readability-page-1"><div>N SaeedCombined Contracting Group Company (CGCC), which is listed on Kuwait’s bourse, on Thursday confirmed it has been awarded a contract for gas gathering in the Neutral Zone jointly managed by Kuwait and Saudi Arabia.CGCC said in a bourse statement that it has received a letter awarding the project with a value of 10.2 million Kuwaiti dinars ($33 million).The project is based in Al-Wafra Joint Operations, managed by Kuwait Gulf Oil Company and Chevron Saudi Arabia.“The contract is related to support services for the gas gathering project..operating profits are expected to be realized and will be reflected in the company’s financial statements during the period of the contract,” it said.(Writing by N Saeed; Editing by Anoop Menon)(anoop.menon@lseg.com)Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.</div></div>

Kuwait’s Combined Contracting Group Company (CGCC) has secured a gas gathering contract in the Neutral Zone, valued at 10.2 million Kuwaiti dinars ($33 million). The project, managed by Kuwait Gulf Oil Company and Chevron Saudi Arabia, is expected to generate operating profits reflected in CGCC's financial statements during the contract period. The announcement was made via a bourse statement.

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ZAWYA-PROJECTS: Kuwait’s CGCC wins gas gathering deal in Neutral Zone