Arabian Pipes wins SAR 60 mln pipe supply contract from Saudi Aramco

03/07/2022 Argaam

Logo of Arabian Pipes Co. 

Arabian Pipes Co. announced that it won, on June 30, a contract worth SAR 60 million from Saudi Aramco to supply steel pipes over a 12-month period, according to a bourse statement.

 

The relevant financial impact will appear in the second quarter of 2023.

 

There are no related parties to the deal, the pipe manufacturer added.

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