PHOTO
Spheroids under reconstruction are pictured at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. Image for illustrative purposes.
East Pipes Integrated Company for Industry announced on Sunday the sign-off of multiple contracts for the supply of steel pipes with oil and gas giant Saudi Aramco with a total value exceeding 1.7 billion Saudi riyals ($453 million) .
The contract duration is 19 months, the company said in a statement to the Saudi stock exchange Tadawul.
Project details weren't disclosed.
Last week, Aramco had awarded two contracts worth a combined SAR 1.5 billion (approximately $400 million) to spiral pipe maker Group Five Pipe Saudi Co.
(Editing by Anoop Menon) (anoop.menon@lseg.com)
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