Saudi Arabia-based pipe manufacturer Group Five Pipe Saudi Company (G5PS) has announced that it has secured a new contract from Saudi Arabia-based Esnad Al Turuq Contracting Company for the manufacturing and supply of steel pipes.
Under the terms of the contract, which is worth around SAR 176 million ($46.90 million), G5PS will supply carbon steel helical sub-merged arc welded (HSAW) pipes to Esnad Al Turuq by the end of May this year, while it commenced the supplies in March 2026.
The financial impact of this contract is expected to be reflected starting from the second and the third quarters of the financial year 2026.
