Saudi Aramco has awarded steel pipe supply contracts worth a combined SAR 160.7 mln (USD 42.8 mln) to domestic manufacturers Saudi Steel Pipe Co. (SSP) and Arabian Pipes Co. (APC).
Saudi Steel Pipe Co. announced it has signed a purchase order valued at approximately SAR 92.7 mln (USD 24.7 mln) for the supply of coated oil and gas steel pipes to Saudi Aramco. The contract has a duration of up to 10 months, with the financial impact expected to be reflected in the first half of 2027.
Separately, Arabian Pipes Co. said it has signed a SAR 68 mln (USD 18.1 mln) contract with Saudi Aramco for the manufacturing, coating and supply of steel pipes. The contract will run for eight months, with the financial impact expected during Q4 2026 and Q1 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 / 3.67 SAR