Heavy Engineering Industries & Shipbuilding Company K.S.C. (Public) — Cyborg Score 6/10
Solid
Engineering, Procurement & Construction (EPC) / Maritime & Shipbuilding / Heavy Industrial Services
Strategic Profile
Heisco is the primary Ship Repair & Shipbuilding, Engineering, Procurement and Construction Contracting Company in the State of Kuwait with a diversified range of business in Marine, Oil and Gas, Petrochemicals, Power, Pressure Equipment Manufacturing, Dredging & Marine Construction, Major Civil Construction, Maintenance and other Industrial services. The company established a branch in Saudi Arabia in 2021 to strengthen its GCC presence and serve key regional clients.
Cyborg Score Rationale
Heisco is listed on the Premier Market of Kuwait Stock Exchange, known for companies with high liquidity and medium-to-high market capitalization. The company maintains strong operational capabilities with diversified revenue streams across shipbuilding, oil & gas, and industrial services, though limited recent financial data constrains full assessment.
Top Insights
Heisco celebrated its 50th anniversary in 2024, commemorating five decades of excellence, innovation, and growth.
Heisco was the first shipbuilding and repair company in the Gulf region to obtain accreditation to ISO 9001.
HEISCO KSA is executing prestigious projects including Debottlenecking Production Facilities at Abqaiq for Saudi Aramco and the Qurayyah Expansion CCGT Independent Power Plant for Saudi Electricity Company.
Heisco employs 13,558 full-time employees and operates through three main business segments: Industrial, Oil & Gas; Shipyard; and Offshore.
Named Competitors
Regional EPC Services — Oil & gas, petrochemical construction competitors
Shipbuilding & Repair Services — Ship repair and maintenance competitors in Arabian Gulf
Industrial Maintenance — Industrial maintenance and fabrication competitors
Recent Developments
(October 2025) Heisco secured a new Kuwait Oil Company contract
(2024) Celebrated 50th anniversary with expanded regional operations
(2021) Established Saudi Arabia branch in Al-Khobar for regional expansion
Open the full interactive Heavy Engineering Industries & Shipbuilding Company K.S.C. (Public) report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.