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Group Five Pipe Saudi Co. Announces Contract Sign Off with Saudi Aramco

GROUP FIVE 9523 -1.61% 58.00 -0.95
Element List Explanation
Introduction Group Five Pipe Saudi Co. Announces Contract Sign Off with Saudi Aramco
Date of Announcement of the Award 2026-09-17 Corresponding to 1448-04-06
Contract Subject Matter Manufacture and supply spiral-welded steel pipes.
The Entity with Which the Contract was Signed Saudi Aramco
Date of Signing the Contract 2026-09-17 Corresponding to 1448-04-06
Contract Value 270,583,366 SAR including value added tax
Contract Details Manufacturing and supplying spiral-welded steel pipes tailored for one of the projects owned by Saudi Aramco.
Contract Duration 4 months
Financial Impact and the Relevant Period The financial impact will be reflected starting from the second and third quarter of the fiscal year 2027.
Related Parties No related parties

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