Kuwait-Mubasher: Heavy Engineering Industries and Shipbuilding (HEISCO) has signed an agreement with Kuwait Oil Company (KOC) to establish a project worth about KWD 961,380 ($3.16 million).
The project duration is five years, the company said in a bourse statement on Wednesday.
The Kuwaiti contractor said that the financial impact will reflect as operating profits in the financials of the coming five years.
