Saudi Steel Pipe wins SAR 138.6M contract from Aramco

15/05/2024 Argaam

Saudi Steel Pipe wins SAR 138.6M contract from Aramco

Logo of audi Steel Pipe Co. (SSP) 

Saudi Steel Pipe Co. (SSP) was awarded a contract to supply oil and gas steel pipes to Saudi Aramco, at an estimated value of SAR 138.6 million.

 

The contract is valid for 12 months, the pipe manufacturer said in a statement to Tadawul, noting that there are no related parties to the contract.

 

SSP expected the relevant financial impact to show in the first and second quarters of 2025.

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