Kuwait Oil signs US$ 16 billion pipeline infrastructure deal with Blackstone, Brookfield, KKR consortium

Reuters2026/07/25 05:39

By:Reuters

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Kuwait Oil Company signed a USD 16 billion pipeline infrastructure partnership with a consortium led by Blackstone, Brookfield, KKR.
New Kuwait-incorporated JV will lease usage rights to 13 crude oil pipelines spanning about 320 kilometers.
KOC will hold 51% of the JV; the consortium will hold 49% split equally among the three investors.
JV will grant KOC exclusive use, operations, maintenance rights for 20.5 years in return for a volume-based tariff.
Transaction expected to deliver USD 7.85 billion in upfront proceeds to KOC at closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KKR & Co. Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260724974083) on July 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Kuwait Oil signs US$ 16 billion pipeline infrastructure deal with Blackstone, Brookfield, KKR consortium

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