Kuwiat-Mubasher: Khalifa Duaij Al Dabbous and Brothers, a subsidiary of The Energy House Holding, signed a contract with Kuwait Oil Company (KOC) for KWD 4.77 million ($15.8 million).

The contract duration is five years, as the project will start in the first of June 2015, the company said in a bourse filing.

The financial impact on Energy House’s financials accounts for 9% of the tender.