Amam based Saudi Steel Pipe has signed a contract worth SAR 94.7 million (USD 25 million) for the supply of oil and gas steel pipes to Uruguay-based Tenaris Global Services. Pipes will be supplied within five months. Tenaris Global Services is a related party. Saudi Steel Pipe was also awarded SAR 139 million (USD 37 million) contract from Uruguay’s Tenaris Global Services in May 2022 for supplies in four months. TenarisSaudiSteelPipes is a leading manufacturer and supplier of electrically resistance welded steel pipes for the energy, industrial, and construction segments of the Middle East and North Africa. Its facilities are located in the Second Industrial City of Dammam, in addition to a commercial office in Riyadh and a service and distribution network covering more than 20 countries. TenarisSaudiSteelPipes offers oil and gas customers a full range of products including Oil Country Tubular Goods, Line pipe, API and Premium Connections and related accessories and services. It also serves customers in the industrial and construction segment with a wide range of black and galvanized pipes. Global supplier of steel tubes Tenaris had acquired 47.8% of Saudi Steel Pipe’s shares in a USD 141 million deal in 2019.
Amam based Saudi Steel Pipe has signed a contract worth SAR 94.7 million (USD 25 million) for the supply of oil and gas steel pipes to Uruguay-based Tenaris Global Services. Pipes will be supplied within five months. Tenaris Global Services is a related party. Saudi Steel Pipe was also awarded SAR 139 million (USD 37 million) contract from Uruguay’s Tenaris Global Services in May 2022 for supplies in four months. TenarisSaudiSteelPipes is a leading manufacturer and supplier of electrically resistance welded steel pipes for the energy, industrial, and construction segments of the Middle East and North Africa. Its facilities are located in the Second Industrial City of Dammam, in addition to a commercial office in Riyadh and a service and distribution network covering more than 20 countries. TenarisSaudiSteelPipes offers oil and gas customers a full range of products including Oil Country Tubular Goods, Line pipe, API and Premium Connections and related accessories and services. It also serves customers in the industrial and construction segment with a wide range of black and galvanized pipes. Global supplier of steel tubes Tenaris had acquired 47.8% of Saudi Steel Pipe’s shares in a USD 141 million deal in 2019.
