Saudi Steel Pipe Co. Announces Contract Sign Off with SAUDI ARAMCO

Saudi Steel Pipe Co. Announces Contract Sign Off with SAUDI ARAMCO

|Element List||Explanation|

|Introduction||Saudi Steel Pipe Company announces the award of an order amounting to SAR 96.8 Million for the supply of Oil & Gas Steel Pipes to Saudi Aramco.|

|Date of Announcement of the Award||2023-05-14 Corresponding to 1444-10-24|

|Contract Subject Matter||Supply of Oil & Gas Steel Pipes to Saudi Aramco.|

|Date of Signing the Contract||2023-05-14 Corresponding to 1444-10-24|

|Contract Value||SAR 96.8 Million|

|Contract Details||Purchase order amounting to SAR 96.8 Million for the supply of Oil & Gas Steel Pipes to Saudi Aramco.|

|Contract Duration||Up to 13 months.|

|Financial Impact and the Relevant Period||The financial impact of this order is expected to materialize in the second quarter of fiscal year 2024.|

|Related Parties||Not applicable.|

|Additional Information||Not applicable.|