| Element List | Explanation |
|---|---|
| Introduction | Arabian Pipes Company Announces Contract Sign Off with Saudi Aramco With total value of around SR 48 million |
| Date of Announcement of the Award | 2026-05-20 Corresponding to 1447-12-03 |
| Contract Subject Matter | Manufacturing and supply steel pipes |
| The Entity with Which the Contract was Signed | Saudi Aramco |
| Date of Signing the Contract | 2026-05-20 Corresponding to 1447-12-03 |
| Contract Value | Around SR 48 million |
| Contract Details | Contract Sign Off for manufacturing and supply steel pipes with Saudi Aramco With total value of around SR 48 million |
| Contract Duration | 8 months |
| Financial Impact and the Relevant Period | Q4 2026 – Q1 2027 |
| Related Parties | NA |
| Additional Information | NA |
Arabian Pipes Co. Announces Contract Sign Off with Saudi Aramco
AI Summary
- Arabian Pipes Company signed a contract with Saudi Aramco on May 20, 2026, for the manufacturing and supply of steel pipes.
- The contract is valued at approximately SR 48 million and has a duration of 8 months.
- The financial impact of the agreement is expected to be realized during Q4 2026 and Q1 2027.
