Mushrif Trading and Contracting Co. announced that it will make KWD 1.03 million profit from the contract it had signed with Kuwait Gulf Oil Co. (KGOC) and Saudi Chevron Company.
As per resources, the company added that profit will impact financial statements over three years from 2013 till 2015.
Mushrif had announced last week that it signed a contract for tender by KGOC and Saudi Chevron Company to replace oil pipelines and provide production support in Kuwait-Saudi joint operations zone. The KWD 11.43 million worth of deal will valid for 36 months.
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