Arabian Pipes Company, Saudi Arabia announced in a statement that it has awarded supply of steel pipes contract from Saudi Aramco
The value of the contract is SAR 268million (USD 71.4 million).
The contract duration is 13 months from the date of signing the deal, while the financial impact of this transaction is expected to reflect on Arabian Pipes’ income statements during the period from the second quarter (Q3) of 2022 until Q1-23, statement mentioned.
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