Aramco awards Arabian Pipes SAR 268m contract

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.

Mubasher Contribution Time: 26-Jan-2022 08:07 (GMT)
Mubasher Last Update Time: 26-Jan-2022 08:07 (GMT)