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HEISCO wins Kuwait Oil tender

HEISCO wins Kuwait Oil tender
Photo Credit: Arabianeye-Reuters
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Heavy Engineering Industries and Shipbuilding Company (HEISCO) was awarded a KWD 5.87 million ($19.5 million) tender from Kuwait Oil Company (KOC).

HEISCO noted that it got the lowest prices offered in the tender, according to KSE published data.

The shipbuilding firm’s capital totals KWD 17.17 million, distributed on about 171.7 million shares with a par value of 100 fils.