IssuerAnnouncementDetailsV2Portlet
Bawan Company announces that Petronash Arabia Company Limited (a subsidiary of Petronash Holding Co.) has received a purchase order for an existing contract with Saudi Arabian Oil Company (“Saudi Aramco”)
Element List | Explanation |
---|---|
Introduction | Bawan announces that Petronash Arabia Company Limited (a subsidiary of Petronash Holding Co.) has received a purchase order for an existing contract with Saudi Aramco to supply special gas well products. |
Date of Announcement of the Award | 2024-12-19 Corresponding to 1446-06-18 |
Contract Subject Matter | Supply of special products for gas wells |
The Entity with Which the Contract was Signed | Saudi Arabian Oil Company ("Saudi Aramco"). |
Date of Signing the Contract | 2022-01-03 Corresponding to 1443-05-30 |
Contract Value | Approximately 832 million Saudi riyals |
Contract Details | The current purchase order is the third purchase order linked to a long-term agreement with Saudi Aramco to supply special products for gas wells. |
Contract Duration | The delivery schedule for the purchase order starts from October 2025 to August 2026. |
Financial Impact and the Relevant Period | The positive impact will be reflected on the company’s results during the years 2025 and 2026. |
Related Parties | N/A |
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.