Saudi Steel Pipe’s affiliate wins SAR 60 mln Aramco contract

18/10/2018 Argaam

 

Saudi Steel Pipe Co.’s 35 percent owned affiliate has been awarded a SAR 60 million contract to supply 30 inches OCTG pipes to Saudi Aramco Company.

 

The production is slated to start in Q2 2019, it said in a statement to Tadawul on Thursday.

 

The contract will reflect positively on H2 2019 results.

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