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FILE PHOTO: Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area where Tidelands Oil Production Company operates near Long Beach, California July 30, 2013. REUTERS/David McNew.
Kuwait’s Heavy Engineering Industries and Shipbuilding Company (HEISCO) has submitted the lowest bid for maintenance services at Mina Al-Ahmadi oil refinery, the Company said on Thursday.
HEISCO said in disclosure statement on Kuwait’s bourse that its subsidiary Gulf Dredging and General Contracting Company made the bid with a value of around 4.93 million Kuwaiti dinars ($16 million).
The contract involves providing marine maintenance services for Mina Al-Ahmadi refinery, the statement said.
It said the company submitted the bid to the state-owned Kuwait National Petroleum Company, the Gulf states downstream arm, adding that it would inform the bourse management of any development in this regard.
(Writing by Nadim Kawach; Editing by Anoop Menon)
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