Kuwait's Agility sees $80m revenue from Ira deal

Logistics firm won three-year contract to work at Majnoon oil field in Basra, Iraq

Kuwaiti logistics firm Agility said on Wednesday it would book close to US$80m in revenues from a three-year contract which it won for work at the Majnoon oil field in Basra, Iraq.

Agility said in a statement on the Kuwait stock exchange that it had been awarded the contract by Shell Iraq Petroleum Development to provide logistics services to the oil field; work would start in May 2013.

Related:
Companies
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

NOTE: Comments posted on arabianbusiness.com may be printed in the magazine Arabian Business

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
The cost of the US laptop ban

The cost of the US laptop ban

Aviation analysts and airline bosses are warning of significant...

Q&A: The laptop ban and what it means when flying from Dubai and Abu Dhabi

Q&A: The laptop ban and what it means when flying from Dubai and Abu Dhabi

Couldn't a laptop with a bomb inside still pose a danger within...

After all the hype, what's the future for Hyperloop One

After all the hype, what's the future for Hyperloop One

Los Angeles-based Hyperloop One may have struck a deal this month...

1
Most Discussed
sponsoredTracking