Saudi Aramco grants Arabian Pipes SAR72m contract

Riyadh - Mubasher: Arabian Pipes Company announced on Tuesday that it was awarded a SAR 72 million contract for supplying casing pipes to Saudi Aramco, according to the company’s statement to the Saudi Stock Exchange (Tadawul).

The supplying of the pipes will start on the second quarter of year 2017 from Riyadh factory and the financial impact will appear in the second and third quarter of year 2017, the statement indicated.

Mubasher Contribution Time: 20-Dec-2016 18:56 (GMT)
Mubasher Last Update Time: 20-Dec-2016 18:56 (GMT)