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Saudi Steel Pipe Co. Announces Contract Sign Off with SAUDI ARAMCO

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Element List Explanation
Introduction Saudi Steel Pipe Company announces the award of an order amounting to SAR 62.8 Million for the supply of Oil & Gas Steel Pipes to Saudi Aramco.
Date of Announcement of the Award 2023-10-05 Corresponding to 1445-03-20
Contract Subject Matter Supply of Oil & Gas Steel Pipes.
Date of Signing the Contract 2023-10-05 Corresponding to 1445-03-20
Contract Value SAR 62.8 Million
Contract Details Purchase order amounting to SAR 62.8 Million for the supply of Oil & Gas Steel Pipes to Saudi Aramco.
Contract Duration Up to 10 months.
Financial Impact and the Relevant Period The financial impact of this order is expected to materialize in the third quarter of fiscal year 2024.
Related Parties Not applicable.
Additional Information Not applicable.

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