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Eye of Dubai
Business & Money | Sunday 2 June, 2024 9:06 am |
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Group Five signs SAR 1.3B contract with Saudi Aramco

Group Five Pipe Saudi Co. signed, on May 30, a contract worth SAR 1.3 billion (VAT inclusive) with  Saudi Aramco for manufacturing and supplying spiral-welded steel pipes, according to a statement to Tadawul.

 

Under the 12-month contract, the company will manufacture and supply tailored spiral-welded steel pipes for one of Aramco’s projects.

 

The related financial impact will be reflected from Q2 2025, the statement added.

 

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