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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 ListExplanation
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