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 50.2 Million for the supply of Oil & Gas Steel Pipes to Saudi Aramco.|

|Date of Announcement of the Award||2023-05-21 Corresponding to 1444-11-01|

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

|Date of Signing the Contract||2023-05-21 Corresponding to 1444-11-01|

|Contract Value||SAR 50.2 Million|

|Contract Details||Purchase order amounting to SAR 50.2 Million for the supply of Oil & Gas Steel Pipes to Saudi Aramco.|

|Contract Duration||Up to 5 months.|

|Financial Impact and the Relevant Period||The financial impact of this order is expected to materialize in the third quarter of fiscal year 2023.|

|Related Parties||Not applicable.|

|Additional Information||Not applicable.|