Kuwait-Mubasher: Contracting and Marine Services’ unit, Kuwait Drilling Co, was awarded a tender that is worth KWD 6.07 million ($20.19 million), according to a recent statement.

The tender was submitted by Kuwait Oil Company (KOC), with duration of five years that can be renewed for another six months.

The marine firm clarified that this contract is an extension of a former deal, and will have no profitability effect on the company.