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Sofon awarded $4.5mln contract for cooling tower construction
Oct 28, 2024•over 1 year ago
Contract Type
contract
ManufacturingOil And GasConstruction
Description
Kuwait’s Heavy Engineering Industries and Shipbuilding Company (Sofon) has been awarded a contract worth $4.5 million for the construction of cooling towers by the government-controlled petrochemicals company Equate. The contract involves the execution of a project for sea cooling tower 1 and 2 and the revenue will be shown in the Company’s annual financial statements for 2024 and 2025.
Company Information
Company
Kuwait’s Heavy Engineering Industries and Shipbuilding Company (Sofon)
About
Kuwait’s Heavy Engineering Industries and Shipbuilding Company (Sofon) has been awarded a contract for the construction of cooling towers with a value of around 1.379 million Kuwaiti dinars ($4.5 million). The contract was awarded by the government-controlled petrochemicals company Equate.
Predictive Intelligence
Strategic
ML-powered predictions for Kuwait’s Heavy Engineering Industries and Shipbuilding Company (Sofon)'s next move