GAS receives Saudi Aramco order worth over 10% of 2024 revenues

25/12/2025 Argaam
Logo ofGas Arabian Services Co. (GAS)

Logo of Gas Arabian Services Co. (GAS) 

Gas Arabian Services Co. (GAS) received a purchase order under an existing long-term agreement with Saudi Aramco to supply gas-related platforms, with a value exceeding 10% of the company’s revenues for the 2024 fiscal year.

 

In a statement to Tadawul, the company said the 21-month contract was signed on Dec 24.

 

GAS expects the contract to have a positive financial impact on its financial statements for 2026 and 2027, noting that there are no related parties involved.

 

According to data available on Argaam, GAS recorded revenues of SAR 1.09 billion in 2024, with 10% of that amounting to approximately SAR 109.3 million.

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