Napesco inks KWD 6.3m deal with KOC

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.

 

Mubasher Contribution Time: 26-Dec-2016 08:31 (GMT)
Mubasher Last Update Time: 26-Dec-2016 08:31 (GMT)