Arabian Pipes Company has signed a contract with Saudi Aramco valued at approximately SAR 133 mln (USD 35.5 mln) for the manufacture and supply of steel pipes, according to the company’s stock exchange filing.
The contract was signed on 30 June 2026 and has a duration of nine months.
The company said the financial impact of the contract is expected to be reflected in its results during the first and second quarters of 2027.
Arabian Pipes Company is one of Saudi Arabia’s leading manufacturers of welded steel pipes, producing longitudinal submerged arc welded (LSAW) and spiral submerged arc welded (SSAW) pipes for the oil and gas, water transmission, infrastructure and industrial sectors. The company operates manufacturing facilities in Riyadh, Jubail and Jizan, with a combined annual production capacity exceeding 1 mln tons.
1 USD / 3.75 SAR