Saudi Arabian oil and gas company Aramco has awarded steel pipe contracts worth a total of SAR 206.1 million ($54.9 million) to two Saudi Arabian pipe manufacturers, according to statements issued at the country’s stock exchange.
East Pipes Integrated Company for Industry will manufacture steel pipes and supply pipes worth SAR 93 million ($24.8 million) for eight months to Aramco, while Five Pipe Saudi Company will manufacture and supply spiral-welded steel pipes worth SAR 113.1 million ($30.16 million) to the company.