‎Saudi Steel Pipe wins SAR 177M contract from Aramco

‎Saudi Steel Pipe wins SAR 177M contract from Aramco ‎Saudi Steel Pipe wins SAR 177M contract from Aramco

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Saudi Steel Pipe expects the financial impact of the contract to be reflected in H2 2027

Saudi Steel Pipe Co. announced that it was awarded a contract from Saudi Aramco on Oct. 13, to supply steel pipes for the oil and gas industry, with an estimated value of SAR 177 million.

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In a statement to Tadawul, the company said the contract involves a purchase order for the supply of steel pipes for oil and gas applications, with a term of up to 12 months.

The financial impact of the contract is expected to be reflected in the company’s results in H2 2027.

The company noted that there are no related parties to the contract.

 

‎

Saudi Steel Pipe expects the financial impact of the contract to be reflected in H2 2027

Saudi Steel Pipe Co. announced that it was awarded a contract from Saudi Aramco on Oct. 13, to supply steel pipes for the oil and gas industry, with an estimated value of SAR 177 million.

In a statement to Tadawul, the company said the contract involves a purchase order for the supply of steel pipes for oil and gas applications, with a term of up to 12 months.

The financial impact of the contract is expected to be reflected in the company’s results in H2 2027.

The company noted that there are no related parties to the contract.

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