East Pipes Inks Multiple Contracts with Aramco Valued at SAR 1.6 Billion

East Pipes Integrated Company for Industry revealed on Sunday the signing of several contracts with Saudi Arabian Oil Co. (Aramco), collectively valued at over One Billion Six Hundred Fifty Million Saudi Riyals, inclusive of value-added tax.

The company specified that the contract spans a duration of 19 months, and the financial implications of these agreements will commence from the 4th Quarter of the financial year 2024/2025 and extend to the 4th Quarter of the financial year 2025/2026.