East Pipes inks supply contract worth above SAR 440 mln with Aramco

09/11/2023 Argaam
Logo of East Pipes Integrated Company for Industry

Logo of East Pipes Integrated Company for Industry

East Pipes Integrated Company for Industry signed today, Nov. 9, a supply contract worth more than SAR 440 million (VAT inclusive) with Saudi Arabian Oil Co. (Saudi Aramco), according to a statement to Tadawul.

 

Under the contract, the company will manufacture and supply steel pipes to Aramco over a period of 13 months.

 

East Pipes expects the related financial impact to reflect on its financial statements for Q3 and Q3 2024/2025. There are no related parties.

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