Kuwait’s HEISCO inks $94.6m deal with KOC

Kuwait-Mubasher: Heavy Engineering Industries and Shipbuilding (HEISCO) signed a contract of a project by Kuwait Oil Company (KOC) for KWD 28.8 million ($94.6 million).

The contract is related to the tender awarded by HEISCO in May 2015.

The company said in a bourse statement that the operating profits from the deal will reflect on the financial statements of the fiscal year 2016/2017.

 

Mubasher Contribution Time: 07-Jan-2016 06:16 (GMT)