Contracting and Marine Services -MARIN announced that a subsidiary company has expanded its contract with Al-Khafji Joint Operations Co. at total amount of $ 43.2 million for two renewable years.

According to company’s filing to Kuwait Stock Exchange that MARIN’s expected profit from this contract will be 3% of the total value of these contract.

The company added, the profit ratio is variable according to the circumstances of execution and changes on prices.