Arabian Pipes awarded $80.5m Contract from Saudi Aramco

Arabian Pipes Company, Saudi Arabia announced in a statement that it has awarded the supply of steel pipes contract from Saudi Aramco

The value of the contract is SAR 302 million (USD 80.5 million).

The contract duration is 11 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 first and second quarters of 24, statement mentioned.