Saudi Steel Pipe Company was awarded a contract for the supply of oil and natural gas pipes for an amount exceeding 5% of its revenues, according to Mubasher.
The deal was finalized on December 31, 2019, according to a statement from the Saudi Stock Exchange (Tadawul).
The statement highlighted that the contract’s production and financial impact are anticipated to be seen within Q4 2020 and Q1 2021.
