East Pipes Integrated Company for Industry, Saudi Arabia announced in a statement that it has signed a supply contract worth more than SAR 440 million (VAT inclusive) with Saudi Arabian Oil Co. (Saudi Aramco).
Under the contract, the company will manufacture and supply steel pipes to Aramco over a period of 13 months.
East Pipes expects the related financial impact to reflect on its financial statements for Q3 and Q3 2024/2025, statement mentioned.