Blackstone, KKR and Brookfield take a 49% stake in Kuwait’s 320km pipeline network in a $16bn deal, underscoring confidence in the Gulf state’s energy sector.

Kuwait Oil Company Signs US$ 16.0 Billion Infrastructure Partnership Involving Its Crude Oil Pipeline Network With a Consortium Comprising Blackstone, Brookfield and KKR

Kuwait Petroleum Corporation has signed a significant $16 billion deal for its crude oil pipeline network. This landmark agreement involves a consortium of global funds, including…

Upfront proceeds of $7.85bn to be used by Kuwait Oil Company to boost crude output