SSP bags SAR 139 mln contract from Uruguay’s TGS
- Date: 16-May-2022
- Source: Argaam
- Sector:Oil & Gas
- Country:Saudi Arabia
SSP bags SAR 139 mln contract from Uruguay’s TGS
Saudi Steel Pipe Co. (SSP) said in a bourse filing it was awarded today, May 16, a SAR 139 million contract from Uruguay’s Tenaris Global Services (TGS).
Under the contract, SSP will supply oil, gas, and steel pipes to TGS for a period of four months.
The relevant financial impact will likely appear on the financial results of Q3, Q4 2022.
TGS is a related party, the statement added.