Arabian Pipes inks SAR 54 mln contract with Saudi Aramco

20/09/2023 Argaam

Arabian Pipes awarded SAR 54 mln supply contract by Aramco

Logo of Arabian Pipes Co.

Arabian Pipes Co. signed on Sept. 19 a contract worth nearly SAR 54 million to supply steel pipes to Saudi Aramco, the company said in a statement to Tadawul.

 

The contract is valid for 10 months, Arabian Pipes added.

 

The relevant financial impact will appear on Q2 2024 financials. There are no related parties to the deal, the pipe manufacturer added.

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