Kuwait – Mubasher: National Petroleum Services (Napesco) signed a contract with the Kuwait Oil Company (KOC) at a value of KWD 5.59 million ($18.4 million).
The contract’s duration is five years and related to providing healthcare and safety services to KOC.
Napesco is expected the profit margin to be10% or KWD 560,000, according to a bourse filing on Thursday.
The company’s stock rose 1.28% to 790 Kuwaiti fils on today’s session, through trading 8,600 shares at a value of KWD 6,800.
