RIYADH: Saudi Steel Pipe Co. was awarded a deal worth SR80.6 million ($21.5 million) for the supply of steel pipes to oil giant Aramco.

The contract will be valid for 18 months, a statement by the pipe manufacturer revealed.

Steel Pipe expects the transaction to impact its financial statements between the second half of the fiscal year 2022 and the first half of the fiscal year 2023.

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