Saudi Steel Pipe Company announced the award of an order amounting to SAR 149.8 Million for the supply of Oil & Gas Steel Pipes to Saudi Aramco. Date of Announcement of the Award 2022-09-21 Corresponding to 1444-02-25. Contract Subject Matter is Supply of Oil & Gas Steel Pipes to Saudi Aramco.

Date of Signing the Contract is 2022-09-21 Corresponding to 1444-02-25 Contract Value is SAR 149.8 Million. Contract Details is Purchase order amounting to SAR 149.8 Million for the supply of Oil & Gas Steel Pipes to Saudi Aramco. Contract Duration is Up to 15 months.

The financial impact of this order is expected to materialize in the second and third quarter of fiscal year 2023.