Arabian Pipes awarded SAR 73mn contract by Saudi Aramco

Riyadh – Mubasher: Arabian Pipes Company said it won a contract worth SAR 73 million for supplying 167km of welded steel pipes to Saudi Aramco, according to a bourse filing posted Wednesday.

The supplying of the project pipes will start during fourth quarter of 2016 from Jubail plant, said the company, adding that the relevant financial impact will reflect on financial statements for the fourth quarter of 2016 and first quarter 2017.

Mubasher Contribution Time: 30-Mar-2016 13:12 (GMT)