East Pipes Integrated Company for Industry has signed a contract with Saudi Arabian Oil Co. (Aramco) for the manufacturing and supply of steel pipes.
The contract is valued at around SAR 20 mln (USD 5.33 mln), including VAT, and has a duration of four months.
The financial impact of the contract is expected to be reflected in the fourth quarter of East Pipes’ 2026/27 financial year.
Founded in 2010, East Pipes operates a helical spiral arc welded (HSAW) pipe plant in Dammam with an annual capacity of 500,000 tons. The facility can produce pipes up to 18.2 meters long, with wall thicknesses of 6-25.4 mm, diameters of 20-100 inches, and grades up to API X80.
1 USD / 3.75 SAR