Aramco has awarded a deal worth $40 million to Saudi Steel Pipe Co. for the supply of oil and gas steel pipes. Saudi Steel Pipe expects to see financial impact from its new order in the second and third quarters of 2023. In May, the pipe producer signed a 10-month contract worth SR97 million with Saudi Aramco to supply the latter with oil and gas steel pipes. In June it won a contract worth SR58 million to supply Aramco with steel pipes for oil and gas extraction.
- Saudi Aramco awards $40m steel pipes contract to homegrown producer