Riyadh – Mubasher: Arabian Pipes Company has been awarded a SAR 268 million contract to supply steel pipes to Saudi Arabian Oil Company (Aramco).
The financial impact of the 13-month contract will be registered from the third quarter (Q3) of 2022 to the first quarter (Q1) of 2023, according to a bourse filing on Wednesday.
It is noteworthy to mention that in November 2021, Arabian Pipes won a SAR 66 million contract to provide Aramco with steel pipes.