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Saudi Steel Pipe Co. Announces Contracts Sign Off with Tenaris Global Services (Uruguay)

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Element List Explanation
Introduction Saudi Steel Pipe Company announces the award of orders amounting to SAR 105 Million for the supply of Oil & Gas Steel Pipes to Tenaris Global Services (Uruguay).
Date of Announcement of the Award 2023-11-08 Corresponding to 1445-04-24
Contract Subject Matter Supply of Oil & Gas Steel Pipes to Tenaris Global Services (Uruguay).
Date of Signing the Contract 2023-11-08 Corresponding to 1445-04-24
Contract Value SAR 105 Million
Contract Details Purchase orders amounting to SAR 105 Million for the supply of Oil & Gas Steel Pipes to Tenaris Global Services (Uruguay).
Contract Duration Spot Orders for pipes to be supplied within 8 months.
Financial Impact and the Relevant Period The financial impact of these orders is expected to materialize in the last quarter of fiscal year 2023 and first half of fiscal year 2024.
Related Parties Tenaris Global Services (Uruguay).
Additional Information Not applicable.

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