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Saudi Steel Pipe Company has signed a 50.2-million-Saudi-riyal ($13.39 million) agreement to supply oil and gas steel pipes to Saudi Aramco.
The contract term is five months, the company said in a statement to the Saudi stock exchange.
The financial impact is expected to materialise in the third quarter of 2023.
In September 2022, Aramco awarded the pipe producer a contract worth SAR149.8 million ($39.8 million).
(Writing by D Madhura; Editing by Anoop Menon)
