Wednesday, March 27, 2013

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


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.

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