Gas Arabian Services receives order from Ma’aden for Aramco’s station
- Date: 02-Jul-2023
- Source: Mubasher
- Sector:Oil & Gas
- Country:Saudi Arabia
Gas Arabian Services receives order from Ma’aden for Aramco’s station
has received a purchase order from (Maâaden) to upgrade the gas metering station of (Aramco). The contract value stands at SAR 38.65 million, excluding the value-added tax (VAT), according to a bourse disclosure. Gas Arabian Services noted that the engineering, procurement, and construction (EPC) contract was awarded and signed on 25 June 2023, adding that it holds a duration period of 21 months. The financial impact, meanwhile, will reflect on Gas Arabian Servicesâ financial statements within two years from the purchase order receipt date. Earlier this year, contract from the listed .