Mubasher: The National Petroleum Services Company (NAPESCO) on Sunday announced that it has won contract worth KWD 2.25 million for drilling and maintenance works at the fields owned by Kuwait Oil Company (KOC).
The Kuwait-based public shareholding company expected to generate a profit margin of 10% from the total cost of the three-year contract, according to a bourse filing.
In December 2017, Napesco said that it had presented the lowest price amid five contenders for KOC’s tender with a total amount of KWD 2.25 million.
