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Arabian Pipes Co. Announces Project Sign Off to Saudi Aramco

APC 2200 9.98% 105.80 9.60

Element List Explanation
Date of announcement of the assignment 2019-02-04 Corresponding to 1440-05-29
Subject of contract Arabian Pipes Company awarded SR 229 million order for the supply of steel pipes to Saudi Aramco
Date of contract sign off 2019-02-04 Corresponding to 1440-05-29
Contract Value More than SR 229 million
Contract Details Arabian Pipes Company has been awarded on Monday 4 February 2019 an order for supplying LSAW pipes for Saudi Aramco and order value exceeding SR 229 million. The supply of the pipes will start on the 3rd quarter of year 2019 from APC factory in Jubail industrial city. And the financial impact will be during 3rd quarter 2019 till 1st quarter of 2020.
Contract Duration 11 months
The financial impact and period that this project will affect the financial impact will be during 3rd quarter 2019 till 1st quarter of 2020.
Related Parties There is no

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