Arabian Pipes wins SAR 81 mln supply contract from Aramco

15/05/2023 Argaam

Arabian Pipes wins SAR 81 mln supply contract from Aramco

Logo of Arabian Pipes Co.

Arabian Pipes Co. (APC) signed on May 14 a contract valued around SAR 81 million to supply steel pipes to Saudi Aramco.

 

The contract duration is 10 months and the financial impact on APC is expected during Q1 2024, the company said in a statement to Tadawul.

 

There are no related parties to the deal, it added.

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