4147 · 25/12/2025 08:01:31 · Announcement #92240 · View on Saudi Exchange

Consolidated Grunenfelder Saady Holding Co. Announces Project Sign Off with Saudi Aramco Nabors Drilling Company

Element ListExplanation
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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