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Image used for illustrative purpose. The sun sets behind a oil derek January 15, 2003 near the Saudi Arabian border, Kuwait.
The seven-year contract’s value is SR73 million ($19 million), the bourse filing showed.
Under the deal, Red Sea International aims to provide facility management services for one of its mobile camps to back its oil drilling operations.
The facility management services include catering, laundry, and power generation.
Founded in 1967, Red Sea International Co. is a modular building solution provider that designs, manufactures and manages large-scale accommodations.
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