Arabian Pipes, Aramco sign SAR 107M contract

05/08/2024 Argaam
Logo ofArabian Pipes Co.

Logo of Arabian Pipes Co.

Arabian Pipes Co. won, on Aug. 4, a project to supply pipes to Saudi Aramco, at an estimated value of SAR 107 million.

 

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The company explained in a statement on Tadawul that the contract extends for 11 months and its financial impact is expected during the second and third quarters of 2025.

 

There are no related parties to the contract, it noted.

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