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Kuwait Oil signs US$ 16 billion pipeline infrastructure deal with Blackstone, Brookfield, KKR consortium
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Kuwait Oil signs US$ 16 billion pipeline infrastructure deal with Blackstone, Brookfield, KKR consortium
  • 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:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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