Saudi Arabian pipe manufacturer Group Five Pipe Saudi Company (G5PS) announced a new contract with Saudi Arabia-based Esnad Al Turuq Contracting Company for the production and supply of steel pipes.
Under the terms of the contract, valued at approximately SAR 176 million (USD 46.90 million), G5PS will supply welded carbon steel pipes spiral submerged arc welding (HSAW). Esnad Al Turuq by the end of May this year, with deliveries commencing in March 2026.
The financial impact of this contract is expected to be reflected beginning in the second and third quarters of fiscal year 2026.
