03
Oct
12:42
Arabian Pipes signs new domestic supply contract
Saudi Arabia's Arabian Pipes Company (APC) has signed a pipe supply contract with Br. C.A.T International Co. Ltd. for an Aramco project, Kallanish understands.
The latest contract, worth SAR 115 million ($30.6m), was signed on 1 October for the supply of steel pipe for nine months, APC says in a stock exchange filing.
According to the pipemaker, the financial impact will be felt in the second quarter of 2024.
APC bagged numerous domestic orders in 2022, mai…
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