HEISCO Kuwait Submits lowest bid of $44.8 million for KOC Project

January 12, 2025 SaudiGulf Projects Oil and Gas

Heavy Engineering Industries & Shipbuilding Co. K.S.C. (HEISCO), Kuwait announced in a statement that it has submitted the lowest bid for an Oil & Gas Project.

The tender was issued by Kuwait Oil Company (KOC).

HEISCO submitted the price of KWD 13.8 million (USD 44.8 million).

The Project is related to Provision of Repair and Revamping services for Production facilities in North Kuwait Areas. The duration of the contract is 60 months.

Read Also: Heisco, IHI JV signs $563 million Distillation plant upgrade contract

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