Saudi Arabia’s Arabian Pipes Company has signed contracts with Saudi Aramco for the manufacturing and supply of steel pipes worth around SAR 103 mln (USD 27.5 mln).
The contracts were signed on October 1, 2026, with a duration of 10 months, according to a Saudi Exchange filing.
The financial impact is expected from the second and third quarters of 2027, the company said.
Arabian Pipes 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. The company also operates threading, coating, and steel coil slitting facilities.
1 USD / 3.75 SAR