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Arabian Pipes Co Wins SAR103 Million Steel Pipe Supply Contract from Saudi Aramco

MT Newswires·10/01/2026 09:17:56
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09:17 AM EDT, 10/01/2026 (MT Newswires) -- Arabian Pipes Co (SASE:2200) secured a 103 million-Saudi-riyal contract from state-owned oil giant Saudi Arabian Oil Co (SASE:2222), d/b/a Saudi Aramco, to manufacture and supply steel pipes. The steel tube manufacturer said Thursday that the 10-month contract is expected to have a financial impact from the second quarter to the third quarter of 2027.