Consolidated Grunenfelder Saady Holding Co. Announces Project Sign Off with Saudi Aramco Nabors Drilling Company
Element List
Explanation
Introduction
Consolidated Gruenenfelder Saady Holding Co. (CGS) announces contract signoff for a Customized Solution Project with Saudi Aramco Nabors Drilling Company with total value of SAR 166,027,340 (excluding VAT)
Date of Announcement of the Award
2025-12-01 Corresponding to 1447-06-10
Project Subject Matter
Customized Solutions Project
The Entity with Which the Project was Signed
Saudi Aramco Nabors Drilling Company
Date of Signing the Project
2025-12-17
Project Value
SAR 166,027,340 excluding VAT
Project Details
Agreement for the sale and maintenance of field camp facilities
Project Duration
24 Months
Financial Impact and the Relevant Period
Financial impact as a result of the award is expected to take place starting in Q1 of 2026
Related Parties
None
Additional Information
None
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