Saudi Steel Pipe wins SAR 250 mln Aramco contract

17/08/2017 Argaam

Saudi Steel Pipe Co. (SSP) on Thursday said its associate firm, Global Pipe Co., has won a contract valued around SAR 250 million to supply Saudi Arabian Oil Co. (Saudi Aramco) with steel casing pipes.

 

The financial impact will reflect in H1 2018, SSP said in a statement to Tadawul.

 

Global Pipe is a Saudi-German joint venture with a total investment of SAR 660 million. 

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