GAS Arabian Services Company announces the Contract Sign Off with Saudi Arabian Oil Company (Saudi Aramco) for Engineering, Procurement and Construction work towards Master Gas System Expansion from SHEDGUM to EWPS-1. Date of Announcement of the Award: May 29, 2024 Corresponding to 1445-11-21.
Contract Subject Matter: Engineering, Procurement and Construction work towards Master Gas System Expansion from SHEDGUM to EWPS-1. The Entity with Which the Contract was Signed: Saudi Arabian Oil Company (Saudi Aramco). Date of Signing the Contract: May 29, 2024 Corresponding to 1445-11-21. Contract Value: SAR 344,614,412 excluding VAT. Contract Details: Engineering, Procurement and Construction work towards Master Gas System Expansion from SHEDGUM to EWPS-1. Contract Duration: 40 months. Financial Impact and the Relevant Period: The financial impact on the company's financial statements will appear during the years 2024 to 2027.