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Friday, February 27, 2026
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HEISCO wins USD 568 mln contract from KOC

Kuwait-based Heavy Engineering Industries and Shipbuilding Company (HEISCO) has announced that it has been awarded a contract valued at KD 174.24 mln (USD 568 mln) by Kuwait Oil Company (KOC), according to a disclosure filed with Boursa Kuwait.

The company said that the Board of Directors of the Central Agency for Public Tenders has approved the award of contract 3, Portion III (NK) under tender RFP-2141028 for the project titled construction of flowlines and associated works.

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

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