<p>Saudi Steel PipNe Co has secured a deal worth SAR 80.6 million (USD 21.5 million) for the supply of steel pipes to oil giant Aramco. The contract will be valid for 18 months. Saudi oil giant Aramco has awarded several pipe contracts to Saudi Steel Pipe in last 3 months</p><p>February 2022 – SAR 87 million</p><p>January 2022 - SAR 268 million</p><p>November 2021 - SAR 190 million </p><p>November 2021 - SAR 305 million</p><p>Total – SAR 850 million (USD 226 million)</p><p>Riyadh based Arabian Pipes Co manufactures welded steel pipes for Oil and Gas, Structural and commercial utilization with sizes range from 6 to 48 inch. The company owns and operates two factories, the first plant in Riyadh with average capacity of 160 thousand tonne per year of ERW pipes with sizes range from 6 to 20 inch and the second plant in Jubail industrial city with average capacity of 300 thousand tonne per year of LSAW pipes with sizes range from 16 to 48 inch to reach a total average capacity to 460 thousand tonne per year. Also the company has threading line for casing pipes, a coating facility and slitting line for steel coils.</p>
<p>Saudi Steel PipNe Co has secured a deal worth SAR 80.6 million (USD 21.5 million) for the supply of steel pipes to oil giant Aramco. The contract will be valid for 18 months. Saudi oil giant Aramco has awarded several pipe contracts to Saudi Steel Pipe in last 3 months</p><p>February 2022 – SAR 87 million</p><p>January 2022 - SAR 268 million</p><p>November 2021 - SAR 190 million </p><p>November 2021 - SAR 305 million</p><p>Total – SAR 850 million (USD 226 million)</p><p>Riyadh based Arabian Pipes Co manufactures welded steel pipes for Oil and Gas, Structural and commercial utilization with sizes range from 6 to 48 inch. The company owns and operates two factories, the first plant in Riyadh with average capacity of 160 thousand tonne per year of ERW pipes with sizes range from 6 to 20 inch and the second plant in Jubail industrial city with average capacity of 300 thousand tonne per year of LSAW pipes with sizes range from 16 to 48 inch to reach a total average capacity to 460 thousand tonne per year. Also the company has threading line for casing pipes, a coating facility and slitting line for steel coils.</p>
