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Arabi Group’s unit wins KWD 53m bid

Arabi Group’s unit wins KWD 53m bid
The 66-month project will involve the installation of crude oil pipelines- (Photo Credit: Arabianeye-Reuters)
AGHC
AGHC`R
-2.53% 385.00 -10.00

Kuwait-Mubasher: Arabi Group Holdings said that its subsidiary, Arabi Enertech, won a bid worth KWD 53.4 million for a project by Kuwait Oil Company (KOC), after offering the lowest prices, according to a bourse statement.

The 66-month project will involve the installation of crude oil pipelines and the related works in areas in north Kuwait.