Engineering, procurement and construction (EPC) contract for upgradation of a gas metering station.
Gas Arabian Services Company has received a purchase order from the client to upgrade the gas metering station of Saudi Arabian Oil Company (Aramco). The contract value stands at SAR 38.65 million, excluding the value-added tax (VAT). Contractor noted that it holds the contract a duration period of 21 months. The financial impact, meanwhile, will reflect on Gas Arabian Services’ financial statements within two years from the purchase order receipt date.
Construction work is currently in progress.
November
14
2023
Tuesday
LAST UPDATED
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