03
Mar
06:25
Arabian Pipes secures first 2023 contract
As part of its policy to enhance localisation efforts and local supply for its projects, oil giant Saudi Aramco has awarded Riyadh-based Arabian Pipes Company (APC) a SAR 62 million ($16.53m) steel pipe supply contract. This is APC's first steel supply contract in 2023, Kallanish notes.
The latest contract was signed off on 1 March, with the duration indicated as 11 months, according to a bourse filing.
The pipemaker says the contract's fin…
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