15
Jun
07:38
Aramco awards APC another pipe supply contract
Along with increased drilling activities, Saudi Arabian oil giant Aramco continues to enhance localisation efforts and local supply for its projects.
Riyadh-based Arabian Pipes Company (APC) has been awarded a steel pipe supply contract by Aramco worth around SAR 27 million ($7.2m), Kallanish notes.
The contract duration is seven months, with financial impact expected in the first quarter of 2024, says APC in a bourse filing.
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Anonymous
Very good overview of the weekly steel market.
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