Mubasher: National Petroleum Services (Napesco) announced receiving a change order from Kuwait Oil Co (KOC) to extend a contract.
The change order will add KWD 1.8 million to the original contract’s value which will total KWD 20.18 million, according to a bourse statement on Monday.
The contract’s duration will be for two months effective from 1 February 2019.
Napesco clarified that this order will not impact the financial profile of the company.
At the stock level, Napesco closed Monday’s session 9.9% higher at 970 fils.