Group Five wins SAR 145.3 mln contract from Saudi Aramco

01/06/2022 Argaam

Logo of Group Five Pipe Saudi Ltd.

Group Five Pipe Saudi Co. was awarded, on May 31, a contract valued at SAR 145.31 million including value-added tax (VAT) by Saudi Aramco, the company said in a bourse filing.

 

Under the contract, Group Five will manufacture and supply spiral-welded steel pipes for a Saudi Aramco’s project.

 

There are no related parties to the deal, Group Five added.

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