‎Group Five awarded SAR 847 mln project by Aramco

‎Group Five awarded SAR 847 mln project by Aramco

Group Five Pipe Saudi Co. said it was awarded a project, on May 21, by Saudi Arabian Oil Co. (Saudi Aramco) worth SAR 847 million, including value-added tax (VAT).

The project includes the manufacture and supply of spiral-welded steel pipes for the transportation of local gas for the Master Gas System project, owned by Saudi Aramco, with a length of 308,540 meters, and a diameter of 56 inches, the group said in a statement on Tadawul.

There are no related parties to the contract, the statement added.