Kuwait – Mubasher: National Petroleum Services (Napesco) has signed a tender contract with Kuwait Oil Company (KOC) for KWD 6.3 million ($20.6 million), according to a bourse statement issued on Monday.
A profit margin of 10% is expected to be realized from the contract’s overall value, the statement added.
On 18 December, Napesco announced the receipt of the tender’s letter of award.