Aramco Awards Arabian Pipes $46 M Contract

Aramco Awards Arabian Pipes $46 M Contract

Saudi Aramco awarded Arabian Pipes Company a contract for its supplement of oil country tubular goods (OCTG) steel pipes, according to Zawya.

The contract’s timeline is set for a year and half of a year, and the order value exceeds $46.39 million, Arabian Pipes released in a statement to the Saudi Bourse.

The financial results of this contract should become evident in Q4 2020 until Q3 2021.

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