Saudi: Gas Arabian Services inks $37.2mln deal for oil facilities project

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Under the two-year agreement, Gas Arabian Services will handle the preassembly of steel structures, steel structure erection, equipment installation, piping, painting, and MCS MP support services

Staff Writer, Mubasher

January 11, 2023

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Riyadh – Gas Arabian Services Company penned a SAR 139.53 million contract with JGC Arabia Limited on 10 January 2023 for the Saudi Aramco Zuluf Onshore oil facilities project.

Under the two-year agreement, Gas Arabian Services will handle the preassembly of steel structures, steel structure erection, equipment installation, piping, painting, and MCS MP support services.

The Tadawul-listed firm indicated that the deal will reflect on its income statements during the years 2023 and 2024, according to a bourse disclosure on Tuesday.

Last month, Gas Arabian Services and Advanced Polyolefins Industry Company signed a contract at a value of SAR 107.79 million.

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