Saudi Steel Pipes’ affiliate wins a SAR 292 million Aramco contract

01/09/2014 Argaam

Saudi Steel Pipes Co. said one of its companies won a SAR 292 million contract on Aug 31 to supply pipes used to transfer gas and liquified natural gas to Saudi Arabian Oil Company ARAMCO, the company said in a statement to the Saudi bourse, Tadawul.

 

The financial impact of the contract, which is the first of its kind, will be reflected in the 4th quarter of 2014 and first half of 2015.

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