Arabian Pipes wins SAR 229 mln steel pipe deal from Saudi Aramco

05/02/2019 Argaam

 

Arabian Pipes Co. announced that it has been awarded a contract worth SAR 229 million for supplying longitudinal submerged arc-welded (LSAW) pipes to Saudi Aramco.

 

The supply of pipes will commence from the third quarter of 2019 from APC factory in Jubail Industrial City, the company said in a bourse filing.

 

The financial impact of the contract will be witnessed from Q3 2019 up to Q1 2020, it further added.

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