Saudi Steel Pipe Company wins SAR 177 million Aramco contract
Saudi Steel Pipe Company secures a SAR 177 million contract from Aramco to supply steel pipes for oil and gas, with delivery over 12 months.
Key Takeaways
AISaudi Steel Pipe Company announced today, October 13, 2026, that it has secured a contract with Aramco to supply steel pipes for oil and gas, with an estimated value of around 177 million riyals (SAR).
In a statement on Tadawul, the company said the contract is a purchase order to supply steel pipes for oil and gas, with a duration of up to 12 months.
The company expects the financial impact of the contract to be reflected in its results during the second half of 2027, noting that there are no related parties involved in the contract.
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