East Pipes signs a deal with Aramco worth SR153 million to ‎manufacture and supply steel pipes

East Integrated Pipeline Company for Industry announced the signing of a contract with the Saudi Arabian Oil Company (Aramco) worth more than 153 million riyals, including value-added tax.

The company explained in a statement on Tadawul that the contract is for a period of 8 months, and includes the manufacture and supply of steel pipes to Aramco.

It indicated that the financial impact of the contract will appear in the first and second quarter of the fiscal year 2024/2025.