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Kuwait's HEISCO wins KOC vessel service deal

Kuwait's HEISCO wins KOC vessel service deal

Zawya01-05-2025
Kuwaiti-listed Heavy Engineering Industries and Ship-building Company (HEISCO) said on Thursday it has won a contract for vessel dry-docking services.
The contract, awarded by state-owned Kuwait Oil Company (KOC), has a value of 4.9 million Kuwaiti dinars ($16 million), HEISCO said in a bourse disclosure statement.
The contract involves 'provision of dry-docking services for KOC marine vessels, the statement said.
'HEISCO has received a letter of award for the tender from KOC,' it said, adding that the contract's financial impact would be announced later.
(Writing by Nadim Kawach; Editing by Anoop Menon)
(anoop.menon@lseg.com)
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