Saudi Steel Pipe wins SAR 250 mln Aramco contract
17/08/2017
Argaam
Saudi Steel Pipe Co. (SSP) on Thursday said its associate firm, Global Pipe Co., has won a contract valued around SAR 250 million to supply Saudi Arabian Oil Co. (Saudi Aramco) with steel casing pipes.
The financial impact will reflect in H1 2018, SSP said in a statement to Tadawul.
Global Pipe is a Saudi-German joint venture with a total investment of SAR 660 million.
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