Senergy Holding Company announced in a statement to Boursa Kuwait today, Tuesday, that Senergy Oilfield Solutions Company (a subsidiary) has signed a Change Order for an existing contract with Kuwait Oil Company.

This Change Order pertains to the extension of a contract with Kuwait Oil Company, which, as previously announced, involves services for the testing and perforation of oil wells.

The Change Order includes an increase in the contract value by K.D 2,105,600 and extends the contract expiration date to December 31, 2025.

The company anticipates achieving a profit margin of 7% to 10% because of this Change Order, depending on service orders from the client, work conditions, and performance-related variables.