Saudi Arabia-based pipe producer Arabian Pipes Company has announced that it has signed a contract with Saudi Arabian oil company Saudi Aramco for the manufacturing, coating and supply of steel pipes.
According to Arabian Pipes' notice to the Saudi Exchange, the contract is valued at around SAR 68 million ($18.13 million) and will have a duration of eight months.
The company stated that the financial impact of the contract is expected to be reflected in the fourth quarter of 2026 and the first quarter of 2027.
This is the fifth contract this year between Arabian Pipes and Aramco after a SAR 35 million contract signed in July, as previously reported by SteelOrbis.
