Kuwait – Mubasher: Arabi Holding Group said Thursday that its subsidiary Arabi Enertech Company was awarded a tender worth KWD 53.4 million.
Under the tender, Arabi Enertech will establish crude oil pipelines in areas in northern Kuwait in a period of 66 months, according to a bourse filing.
The company targets a return of KWD 1.6 million from the tender, and expected the financial impact to appear as of the first quarter of 2017 to end-2021.
