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OffshoreGrandweld clinches KOC contractGrandweld clinches KOC contract
Dubai: Dubai-based Grandweld has landed a $50m contract to design and build four crane/workboat vessels for Kuwait Oil Company (KOC), a subsidiary of the state-owned Kuwait Petroleum Corporation. The deal, the first new construction contract since Grandweld relocated from Al Jadaf to Dubai Maritime City (DMC), marks the latest step in KOC’s move to modernise and upgrade its workboat fleet.
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