Riyadh – Mubasher: Saudi Steel Pipe Company was awarded a SAR 65 million contract from Saudi Arabian Oil Company (Aramco), according to a bourse disclosure.
The company signed the deal on 31 May 2026 to supply oil and gas steel pipes to Saudi Aramco for 12 months.
Meanwhile, the financial impact of this order is expected to materialize in the second quarter (Q2) of 2027.
In March, both entities penned a SAR 127 million oil and gas steel supply agreement.
