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Napesco receives change order for KWD 3.38m deal

Napesco receives change order for KWD 3.38m deal
Photo Credit: Arabianeye-Reuters
NAPESCO
NAPESCO
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Kuwait – Mubasher: National Petroleum Services (Napesco) has received a change order for a contract signed with Wafra Joint Operations, according to a bourse statement issued on Tuesday.

The contract will be extended for twelve months starting from 10 May 2017 until 9 May 2018, with no additional value to the original contract.

In early September 2013, Napesco had announced receiving a letter of award for a contract worth KWD 3.38 million that matures in three years, with an estimated profit margin of 10% of the contract’s value.