Saudi Steel Pipe has received another contract from Aramco for the supply of oil and gas pipes

Saudi Arabia-based Saudi Steel Pipe Company (SSP), operating under the TenarisSaudiSteelPipes brand, announced that it has received an order from Saudi Aramco for the supply of steel pipes for the oil and gas industry worth about 177 million Saudi riyals ($47.19 million).

The contract is valid for up to 12 months, and its financial implications are expected to affect the company's results of operations in the second half of the year. 2027.

As previously reported by Stylorbis, the company has signed contracts for the supply of oil and gas pipes with Aramco in the amount of 127 million Singapore ringgit (33.86 million dollars), 65 million Singapore ringgit (17.33 million dollars) and 72.8 million Singapore ringgit (19.4 million dollars), as reported in March.,Июньисентябрь this year, respectively, and it is expected that all this will affect the financial results in the first half of 2027.