Saudi Pipes secures 92.7M riyal Aramco deal
The Saudi Arabian Steel Pipes Company (Saudi Pipes) has signed a contract with Saudi Aramco valued at 92.7 million riyals to supply steel pipes for the oil and gas sector. The contract was signed on July 22, 2026, and includes the manufacturing and delivery of pipes used in oil and gas projects, with an implementation period of 10 months. Its financial impact is expected to appear in the company's results in the first half of 2027. This reflects the company's efforts to strengthen its project portfolio and meet the demand for steel pipe products in the energy sector.
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