Saudi Arabia’s Saudi Steel Pipe Co. (SSP) and Arabian Pipes Co. have announced separate contracts for the supply of steel pipes to Saudi Aramco, with a combined value of approximately SAR 127 mln (USD 33.9 mln).
Saudi Steel Pipe said it received a purchase order worth around SAR 65 mln (USD 17.3 mln) for the supply of oil and gas steel pipes. The order was signed on May 31, 2026, and is scheduled for execution over a period of up to 12 months. The company expects the financial impact to be reflected in the second quarter of fiscal year 2027.
Meanwhile, Arabian Pipes announced contracts valued at approximately SAR 62 mln (USD 16.5 mln) for the manufacturing and supply of steel pipes. The contracts have a duration of 10 months, with the financial impact expected to be recognized during the fourth quarter of 2026 and the first quarter of 2027.
SSP manufactures electrically resistance welded (ERW) steel pipes for the energy, industrial, and construction sectors across the Middle East and North Africa. The company’s product portfolio includes oil country tubular goods (OCTG), line pipes, API and premium connections, accessories, and related services. SSP has an annual production capacity exceeding 400,000 tons. In January 2019, Tenaris acquired a 47.79pct stake in SSP, after which the company was rebranded as TenarisSaudiSteelPipes.
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