Borsat Al Khaleej Live Support
Leave a message and our representative will contact you soon
15/04/2026 01:57 AST
Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has secured a key contract worth KD174.2 million ($508 million) from Kuwait Oil Company (KOC) for the construction of flowlines as well as other associated works at its project site in Kuwait.
A major EPC contracting company based in Kuwait, Heisco caters to a diversified range of business in oil and gas, petrochemicals, power, pressure equipment manufacturing, shipbuilding and repair, dredging and marine construction.
The project forms part of Portion III (NK) thus represents a significant milestone in Heisco's continued partnership with KOC in supporting Kuwait's upstream oil infrastructure development.
As per the deal, Heisco will undertake the construction of flowlines and related facilities in North Kuwait areas, thus reinforcing KOC's efforts to enhance operational efficiency, expand production capabilities, and maintain the integrity of its oil field assets.
This award further strengthens Heisco's position as a leading engineering and construction contractor in the oil and gas sector, reflecting its technical expertise, project management capabilities, and long-standing track record in delivering large-scale energy projects across Kuwait.
Trade Arabia
28/04/2026
A consortium of India-based VA Tech Wabag, a global leader in water and wastewater treatment solutions, and Heavy Engineering Industries and Shipbuilding Company (Heisco) has been awarded a major con
Trade Arabia
16/03/2026
Kuwait's Ministry of Electricity, Water and Renewable Energy has announced that it has received bids from only two entities - Heavy Engineering Industries and Shipbuilding Company (Heisco) and Shangh
Trade Arabia
26/02/2026
Kuwait-based Heavy Engineering Industries & Shipbuilding Company has announced that it has secured a major contract worth KD174.2 million ($567.4 million) from Kuwait Oil Company (KOC) for its projec
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 8.24 | 0.11 (1.35 |
| MODON | 3.16 | 0.05 (1.60 |
| ADNOCLS | 6.15 | 0.06 (0.98 |
| SALIK | 6.10 | 0.15 (2.52 |
| AIRARABIA | 5.89 | 0.33 (5.93 |
22/06/2026
Al Ansari Financial Services (AAFS), a leading financial institution in the GCC, has reached a milestone of 1,000 UAE national employees across its businesses, reflecting one of the largest Emiratisa
Trade Arabia
22/06/2026
Leading Omani bank Nizwa has joined the initial public offering (IPO) of Oman India Fertiliser Company (Omifco) as a collecting bank, expanding its involvement in the sultante's capital markets follo
Trade Arabia
19/06/2026
Knowledge Economic City has announced that it has secured a SAR150 million ($40 million) shariah-compliant financing facility from Saudi-based Riyad Bank to fund construction work on the first phase
Trade Arabia
19/06/2026
e& UAE today announced it has awarded a contract to a strategic infrastructure partner to roll out the world's first commercial mobile network using Upper 6GHz (U6GHz) 256TRX Giga-MIMO technology. <
Trade Arabia
19/06/2026
Gulf Warehousing Company (GWC) has announced that it has for the first time extended its end-to-end supply chain to include a fully operational air-to-land logistics corridor powered by the TIR syste
Gulf Times