Heavy Engineering Industries and Shipbuilding Company (HEISCO), Kuwait announced in a statement that it has signed a contract for the tender issued by Kuwait Oil Company (KOC).

The value of the contract is KWD 68.5 million (USD 223.7 million).

The Company states that the project is related to Construction of Flowlines and Associated Works in West Kuwait Area.

The duration of the contract is Five Years.

Earlier during August 2022, HEISCO announces that the company submits the lowest bid for this project.