Riyadh – Mubasher: Saudi Steel Pipe Co. said it was awarded a contract worth SAR 106 million ($ 28.28 million) by Saudi Aramco for the supply of steel pipes.
The financial impact of the deal and the production will appear in the second half of 2017, according to a bourse filing on Wednesday.
In November, the company announced that it was awarded a SAR 110 million steel pipes supply contract by Saudi Aramco.