Riyadh – Mubasher: The Saudi Steel Pipe Company (SSP) was awarded a contract to supply oil and gas steel pipes in consideration of an amount that exceeds 5% of SSP’s revenue in 2018, according to a bourse statement released on Thursday.
Last year, SSP’s revenues fell 7.2% year-on-year to SAR 646.2 million in 2018.
The production and financial impact of the deal will appear during the second quarter of 2020.
