Gas Arabian Services inks SAR 139.5m deal for oil facilities project

Riyadh – Mubasher: 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.

Mubasher Contribution Time: 10-Jan-2023 14:06 (GMT)
Mubasher Last Update Time: 10-Jan-2023 14:06 (GMT)