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Kuwait's NAPESCO Profits Jump 64%
(MENAFN- Qatar News Agency) Kuwait's National Petroleum Services (NAPESCO) posted KWD 4.65 million profits in the first nine months of 2015, compared to KWD 2.83 million in the same period of 2014; soaring by 64%.
In Q3, net profits surged 65% to KWD 1.18 million from about KWD 721,000 in Q3-14.
It is worth mentioning that Kuwait Oil Company has renewed a contract with NAPESCO for five years with a total value of $79.96 million, and a one-year voluntary renewal contract.
In Q3, net profits surged 65% to KWD 1.18 million from about KWD 721,000 in Q3-14.
It is worth mentioning that Kuwait Oil Company has renewed a contract with NAPESCO for five years with a total value of $79.96 million, and a one-year voluntary renewal contract.
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