Thursday, 4 July 2024

Arabian Pipes Wins SAR 293 Million Contract to Supply Pipes to Denys Arabia LTD

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Arabian Pipes Co. announced on Tuesday that it has been awarded an order on July 1, 2024, to supply pipes to Denys Arabia LTD with a total value of approximately SAR 293 million. The pipes will be supplied from the company’s factories over a period of 10 months.

According to the announcement, the company expects the financial impact to be reflected starting from the fourth quarter of 2024 and continuing until the second quarter of 2025.

The order involves the supply of steel pipes for Denys Arabia LTD’s Jafurah Pipelines Phase II project.

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