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Arabian Pipes Co. Announces Contract Sign Off with Saudi Aramco with total value exceeding SR 174 MM to supply of steel pipes

APC 2200 66.35% 176.00 70.20
Element List Explanation
Introduction Arabian Pipes Company awarded SR 174 MM order for the supply of steel pipes to Saudi Aramco
Date of Announcement of the Award 2019-12-16 Corresponding to 1441-04-19
Contract Subject Matter Arabian Pipes Company awarded SR 174 MM order for the supply of steel pipes to Saudi Aramco
Date of Signing the Contract 2019-12-16 Corresponding to 1441-04-19
Contract Value around SR 174 MM
Contract Details Arabian Pipes Company has been awarded on 16 December 2019 an order for supplying OCTG Steel pipes for Saudi Aramco and order value exceeding SR 174 from Riyadh factory and the financial impact will be from the 4the quarter of 2020 until the 3rd quarter 2021.
Contract Duration 1.5 years
Financial Impact and the Relevant Period From quarter 4 ,2020 until quarter 3 , 2021
Related Parties NA
Additional Information NA

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