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Aramco partners with Valork on pipe solutions
Saudi Aramco has signed an agreement with French company Valoric to enhance collaboration in innovative steel pipe solutions. This took place on the sidelines of the French-Saudi investment meeting in Paris. The relationship between the two companies dates back to 1962, when they cooperated in supplying pipe fittings for the oil sector. Over the years, the partnership expanded to include the establishment of a local factory in Dammam in 2011 and the signing of long-term agreements for the supply of high-quality pipes. The new agreement affirms Valoric's continued investments in Saudi Arabia, contributing to the expansion of its production capacity and local manufacturing of products to meet future demands. It also reflects mutual confidence between the two companies and underscores their important role in supporting the Kingdom’s oil supply security.
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