Saudi oil giant Aramco SA, amid stronger fundamentals in the hydrocarbon sector, has stepped up its cooperation with Saudi companies by placing several orders for steel tubes and pipes supply. Saudi Aramco has awarded two pipe supply contracts. TenarisSaudiSteelPipes received a SAR 97 million (USD 26 million) order, while Arabian Pipes Company a SAR 100 million (USD 27 million) Both companies will supply items for oil and gas applications in ten monthsGlobal steel pipe leader Tenaris unit TenarisSaudiSteelPipes is one of the key welded pipe manufacturers in Saudi Arabia withy 360,000 tonnes per year capacity of welded pipes. Arabian Pipes Company has two factories in Saudi Arabia located in the Industrial City of Jubail & Riyadh with 300,000 tonnes per year & 160,000 tonnes per year capacities respectively
Saudi oil giant Aramco SA, amid stronger fundamentals in the hydrocarbon sector, has stepped up its cooperation with Saudi companies by placing several orders for steel tubes and pipes supply. Saudi Aramco has awarded two pipe supply contracts. TenarisSaudiSteelPipes received a SAR 97 million (USD 26 million) order, while Arabian Pipes Company a SAR 100 million (USD 27 million) Both companies will supply items for oil and gas applications in ten monthsGlobal steel pipe leader Tenaris unit TenarisSaudiSteelPipes is one of the key welded pipe manufacturers in Saudi Arabia withy 360,000 tonnes per year capacity of welded pipes. Arabian Pipes Company has two factories in Saudi Arabia located in the Industrial City of Jubail & Riyadh with 300,000 tonnes per year & 160,000 tonnes per year capacities respectively