Heavy Engineering Industries and Shipbuilding Company K.S.C.P. Overview
Pro stress-test →Heavy Engineering Industries and Shipbuilding Company K.S.C.P. operates as an engineering, procurement, and construction contracting company with three segments: Industrial, Oil & Gas; Shipyard; and Offshore. Originally established in 1974 as Kuwait Shipbuilding & Repair yard Co., the company was renamed in 2003 and rebranded as HEISCO.
Strategic Profile
Pro stress-test →The company serves oil and gas, refineries, petrochemicals, power, water distillation and desalination, shipbuilding, ship repair, dredging, and maritime construction sectors, offering oil & gas construction, industrial maintenance, process equipment manufacturing, and shipyard services. HEISCO is listed on the Premier Market of Kuwait Stock Exchange, known for companies with high liquidity.
Competitive Landscape
Pro stress-test →HEISCO operates in a competitive Gulf maritime and heavy engineering sector with regional shipyards and international EPC contractors competing across shipbuilding, repair, and offshore services. The company's integrated service model—spanning shipyard, oil & gas, dredging, and industrial maintenance—positions it distinctly within Kuwait's industrial base, with limited direct local competitors but significant competition from regional and international EPC firms.
Industry Context
Heavy Engineering Industries and Shipbuilding Company K.S.C.P. operates in Shipbuilding & Heavy Engineering.
Key facts
Founded: 1974 · Headquarters: Kuwait City, KW