Saudi Aramco awards $16m steel pipes deal to homegrown pipe producer

  • 6/30/2022
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RIYADH: Saudi Steel Pipe Co. has been awarded a deal worth SR58 million ($16 million) for the supply of oil and gas steel pipes to oil giant Aramco. The contract will be valid for a year, a statement by the pipe manufacturer revealed. The company expects the transaction to impact its financial statements starting from the last quarter of the year.

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