Kuwait’s Heavy Engineering Industries & Shipbuilding Co. (HEISCO) has received a formal contract award letter from Kuwait Oil Company (KOC) for the construction of flowlines and associated works in North Kuwait, the company said in a stock exchange filing.
The contract, valued at KWD 174.2 mln (USD 564 mln), was awarded under Tender No. RFP-2141028 and relates to Contract No. 3, Portion III (NK).
The scope covers the development of upstream oil infrastructure in North Kuwait, supporting KOC’s ongoing expansion activities in the region.
HEISCO is a major EPC contractor in Kuwait. Its operations cover shipyard services, oil and gas construction, industrial maintenance, fabrication, trading, galvanizing and scaffolding. The company operates fabrication facilities in Mina Abdullah and Shuwaikh, with capabilities including the production of pressure vessels, heat exchangers and piping spools.
1 USD / 0.3 KWD
