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Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Saudi Steel lands contract

The logo of Aramco at the entrance of its main building in Riyadh. (AFP)
By TRENDS Desk
September 22, 2022 1:14 pm
  • Saudi Steel Pipe Co. said, in a bourse filing, that it expects to see financial impact from its new order in the second and third quarters of 2023
  • The pipe producer, in May, signed a 10-month contract worth $25.86 million with Saudi Aramco to supply the latter with oil and gas steel pipes

Riyadh, Saudi Arabia— Aramco of Saudi Arabia has awarded a $40 million contract to Saudi Steel Pipe Co. for the supply of oil and gas steel pipes.

Saudi Steel Pipe Co. said in a bourse filing, that it expects to see financial impact from its new order in the second and third quarters of 2023.

The pipe producer, in May, signed a 10-month contract worth $25.86 million with Saudi Aramco to supply the latter with oil and gas steel pipes.

A month later, it won another contract worth $15.46 million to supply oil giant Aramco with steel pipes for oil and gas extraction.

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