Riyadh – Mubasher: Saudi Steel Pipe Company has been awarded a SAR 80.6 million contract to supply oil and gas steel pipes to Saudi Arabian Oil Company (Aramco).
The deal will be effective for 18 months from the contract’s signing date on 14 February 2022, according to a bourse disclosure on Monday.
The financial impact of the supply contract is expected to appear in the period between the second half (H2) of 2022 and H1-23.