Saudi Arabia-based pipemaker Saudi Steel Pipe Co. has announced that it has signed a contract with Saudi Arabian oil and gas company Aramco to supply oil and gas pipes worth SAR 62.8 million ($16.74 million).
Under the contract, Saudi Steel Pipe will supply oil and gas pipes to Aramco for up to 10 months. The financial impact of this contract is expected to be reflected in the third quarter of 2024.