Kuwaiti Oil Barrel Price73.24 Date:20-12-2024

Ministry of oil
Projects

Sidra 500 Project

13-06-2020

Sidra 500 is connected to the Ministry of Electricity's network through a KOC secondary station so that electricity from solar energy is not stored as the related pumps get their electricity needs from the solar station during the day and from the Ministry of Electricity network at night. The Sidra 500 station feeds 29 electric oil pumps in the Umm Qadir fields in western Kuwait, reducing the electricity KOC needs from the Ministry of Electricity. If the plant's production exceeds the need for the oil pumps, the excess electricity will go into the network, which may be enough to light up to a thousand houses. Sidra 500 is unique in the world as it is the first plant to use solar energy to power submersible pumps to extract oil from the ground. The Sidra 500 project is the first KOC project registered under the UN Clean Development Mechanism, which is used to promote projects that reduce global emissions. The Sidra 500 project is the first solar energy project of its kind in the oil sector of Kuwait. The name Sidra 500 reflects the environmental benefits of the project as it avoids producing 250,000 tons of CO2 and since trees absorb CO2 from the air, it is equivalent to growing 500,000 trees. The Sidra 500 project has economic benefits in addition to environmental benefits as it provides the equivalent of 500,000 to 700,000 barrels of oil during the project's lifetime. The 10-megawatt Sidra 500 peak-time plant uses approximately 32,450 solar panels on 600x600 square meters of land, equivalent to 50 football fields. The solar panels at Sidra 500 track the movement of the sun during the day to obtain the largest production of electricity.

Ministry
of Oil Tender
Announcement

Ministry of Oil Building - Oil Sector - Third Floor
Finance Department

Award of Practice No. 2024/2025 -5

Practice No. 2024/2025-7

Awarding the supply and installation of connection devices to the Kuwait Information Network



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