Riyadh – Mubasher: Saudi Steel Pipe Company has secured a contract from Saudi Aramco to supply steel pipes specialized for oil and gas operations.
The purchase order is valued at approximately SAR 177 million.
The agreement, formally signed and awarded on 13 October 2026, has a total duration of up to 12 months.
Under the deal, Saudi Steel Pipe will manufacture and deliver the specified piping infrastructure to meet the state energy producer's requirements.
The company stated that the financial impact of this contract is expected to materialize during the second half (H2) of 2027.
Saudi Steel Pipe further confirmed that there are no related parties involved in the transaction. This latest award underscores the company's ongoing role as a key supplier to the Kingdom’s energy sector.
Last September, both companies signed a SAR 72.80 million agreement for the supply of oil and gas steel pipes.
