Arabian Pipes awarded $71.4m Contracts from Saudi Aramco

January 26, 2022 SaudiGulf Projects Oil and Gas

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.

Read Also: Arabian Pipes awarded $81.3m Contracts from Saudi Aramco

Projects awarded during December 2021 in Gulf Countries

Related Articles

Construction

Shomoul Holding signed a deal of $1.6 billion for Avenues Riyadh Project

September 12, 2019 SaudiGulf Projects Construction

Saudi Arabia’s Shomoul Commercial Company, a subsidiary of Shomoul Holding, announced awarding the first design and construction phase of The Avenues – Riyadh project to …

Power

PA COST Submits lowest bid of $15.8m for Qiran 132/13.8kV Substation

July 29, 2021 SaudiGulf Projects Power

Saudi based Construction Company,  PA COST International, a subsidiary of ORA Holding Group has submitted the lowest bid  for the project, ” Construction of Qiran Housing Project, …