FINANCIAL NEWS

Kuwaiti firm signs MOU with Gulf Org for Research & Development

29 Aug 2016

(MENAFN) The Kuwait National Petroleum Co. (KNPC) signed a deal with the Gulf Organization for Research and Development (GORD).

Accordingly, the National Petroleum gives high importance to environmental projects and the firm objective to replace 15pct of the firm elect usage in warehouses.

In addition, it was also emphasized the importance of such collaborations and exchange of expertise between main Gulf Orgs to enhance common goals.

The MOU plans to enhance cooperation between both sides in the field of research and development in environmental issues related to the field of oil and gas.

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