Kuwait's HEISCO wins refinery retubing deal
Kuwait-listed Heavy Engineering Industries and Shipbuilding Company (HEISCO) said on Monday it has won a contract for tube replacement at Kuwait's Mina Al-Ahmadi oil refinery with a value of around 1.79 million dinars ($6 million).
In a bourse statement, HEISCO said it was awarded the deal after it submitted the lowest bid for the project.
The contract, awarded by the state-owned Kuwait National Petroleum Company, involves 'retubing of heat exchangers during major shutdowns at Mina Al-Ahmadi Refinery,' the firm said.
(Reporting by Nadim Kawach; Editing by Anoop Menon)
(anoop.menon@lseg.com)
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