Group Five signs SAR 30M contract with Aramco

04/02/2024 Argaam
Logo ofGroup Five Pipe Saudi Co.

Logo of Group Five Pipe Saudi Co.

Group Five Pipe Saudi Co. signed a two-month contract with Saudi Arabian Oil Co. (Saudi Aramco) at a value exceeding SAR 30 million, including VAT.

 

The deal includes manufacturing and supplying spiral-welded steel pipes for one of the projects owned by Aramco, the pipe manufacturer said in a statement to Tadawul.

 

The financial impact is expected to reflect on the company’s results starting from Q3 2024, the statement noted, indicating there are no related parties to the deal.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.