Riyadh - Mubasher: Arabian Pipes Company won several contracts to supply Saudi Aramco with electric resistance welding (ERW) pipes at a value of SAR 78 million.

The supply of the pipes will start in the fourth quarter of 2017 and Q1-18 from Riyadh factory, according to a bourse filing on Thursday.

The company noted that the financial impact of the deal will appear in Q4-17 and Q1-18.

In March, the Saudi-listed company was awarded a contract worth SAR 135 million ($36 million) to supply oil country tubular goods (OCTG) pipes to Saudi Aramco.