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

2022-09-21 15:55:20

Element ListExplanation
Introduction Saudi Steel Pipe Company announces the award of an order amounting to SAR 149.8 Million for the supply of Oil & Gas Steel Pipes to Saudi Aramco.
Date of Announcement of the Award 2022-09-21 Corresponding to 1444-02-25
Contract Subject Matter Supply of Oil & Gas Steel Pipes to Saudi Aramco.
Date of Signing the Contract 2022-09-21 Corresponding to 1444-02-25
Contract Value SAR 149.8  Million
Contract Details Purchase order amounting to SAR 149.8 Million for the supply of Oil & Gas Steel Pipes to Saudi Aramco.
Contract Duration Up to 15 months.
Financial Impact and the Relevant Period The financial impact of this order is expected to materialize in the second and third quarter of fiscal year 2023.
Related Parties Not applicable.
Additional Information Not applicable.