Mubasher: National Petroleum Services (Napesco) has received a letter of award for two tender contracts offered by Kuwait Oil Company (KOC), according to a bourse statement on Thursday.
The contracts are worth KWD 59.78 million distributed as KWD 29.84 million for the first five-year tender and KWD 29.93 million for the second 5-year tender.
A profit margin up to 20% is expected to be realised from the two contracts.
