Saudi steel pipe producer Arabian Pipes Company (APC) has signed a contract with Saudi Aramco for the manufacturing and supply of steel pipes.
The contract is valued at around SAR 48 mln (USD 12.8 mln) and has a duration of eight months.
According to the company, the financial impact of the contract is expected to be reflected during the fourth quarter of 2026 and the first quarter of 2027.
APC manufactures welded steel pipes for oil and gas, structural, and commercial applications. The company operates production facilities in Riyadh and Jubail with combined annual production capacity of around 460,000 tons, including ERW and LSAW pipe mills. APC also operates threading, coating, and steel coil slitting facilities.
1 USD / 3.75 SAR