IssuerAnnouncementDetailsV2Portlet
Actions
GAS Arabian Services Co. Announces signing of a Long-Term Agreement (LTA) with the Saudi Arabian Oil Company (Saudi Aramco)
| Element List | Explanation |
|---|---|
| Announcement Detail | GAS Arabian Services Co. Announces signing of a Long-Term Agreement (LTA) with the Saudi Arabian Oil Company (Saudi Aramco). Under this agreement, the company will provide In-Plant services across various technical disciplines, including; Mechanical, Piping, Electrical, Instrumentation, Communication, Painting, Civil & Structural. The duration of the agreement is for an initial period of six (6) years, with the possibility of extension for two additional periods of three (3) years each (6 + 3 + 3), totaling a potential twelve (12) years. The financial impact of the agreement will depend on the size and scope of the work to be carried out under the relevant contracts/purchase order. Any material financial impact will be announced in due course, in accordance with applicable regulations and instructions. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
Share
Company Performance
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions