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Arabian Pipes announces $13mn steel pipes order from Saudi Aramco

Steel News - Published on Thu, 13 Dec 2018

Image Source: theworldfolio.com
Business Chief reported that Arabian Pipes has won USD 13 million steel pipes order from Saudi Aramco. The contract, which was finalised on 11 December, will see Arabian Pipes supply oil country tubular goods pipes during the second quarter of 2019. It is anticipated that the financial impact of the contract, which is set to last for approximately six months, will occur during the second quarter of 2019.

The news follows the announcement four months ago that Saudi Steel Pipe Company shut down its large diameter pipe factory in order to allow vital maintenance work to take place at the facility.

Source :

Posted By : Nanda Koijam on Thu, 13 Dec 2018
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