Kuwait - Mubasher: National Petroleum Services (Napesco) and its Turkish partner, Meke Deniz, received a proposal to extend the tender contract with Kuwait National Petroleum Co (KNPC).
The renewal duration is set for another six months, according to a bourse statement issued on Tuesday.
The renewal contract does not include any additional financial requirements to the original tender contract, Napesco said, noting that no financial impact will be realised from extending KNPC’s tender contract.