February 12, 2025
‎East Pipes cancels SAR 153M contract with Aramco

Logo ofEast Pipes Integrated Company for Industry

East Pipes Integrated Company for Industry canceled a contract worth SAR 153 million earlier signed with Saudi Arabian Oil Co. (Saudi Aramco) at the latter’s request, according to a statement to Tadawul today, March 21.

The company agreed to terminate and scrap the contract as this will result in no financial impact on its performance given that it was not factored in its production schedule for the current fiscal year…
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