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Arabian Pipes Co. Announces Project Sign Off to Saudi Aramco with total value exceeding SR 43 million to supply of steel pipes

APC 2200 0.29% 13.96 0.04
Element List Explanation
Introduction Arabian Pipes Company awarded SR 43 million order for the supply of steel pipes to Saudi Aramco
Date of announcement of the assignment 2019-06-27 Corresponding to 1440-10-24
Subject of contract Arabian Pipes Company awarded SR 43 million order for the supply of steel pipes to Saudi Aramco
Date of contract sign off 2019-06-27 Corresponding to 1440-10-24
Contract Value More than SR 43 million
Contract Details Arabian Pipes Company has been awarded on 27 June 2019 an order for supplying OCTG Steel pipes for Saudi Aramco and order value exceeding SR 43 million from Riyadh factory and the financial impact will be during 2nd quarter 2020.
Contract Duration 10 Months
The financial impact and period that this project will affect 2nd quarter 2020
Related Parties None

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