PHOTO
Kuwait Oil Tanker Company's new oil tanker Kazimah III sits in the Ahmadi North Pier in Kuwait in this file photo. Stephanie McGehee, Reuters Image used for illustrative purpose
Kuwaiti-listed Heavy Engineering Industries and Ship-building Company (HEISCO) said on Thursday it has won a contract for vessel dry-docking services.
The contract, awarded by state-owned Kuwait Oil Company (KOC), has a value of 4.9 million Kuwaiti dinars ($16 million), HEISCO said in a bourse disclosure statement.
The contract involves “provision of dry-docking services for KOC marine vessels, the statement said.
“HEISCO has received a letter of award for the tender from KOC,” it said, adding that the contract’s financial impact would be announced later.
(Writing by Nadim Kawach; Editing by Anoop Menon)
Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.
