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Saudi Steel Pipe Co. Announces Contract Sign Off with Saudi Aramco

SSP 1320 -0.84% 46.98 -0.40

Element List Explanation
Introduction Saudi Steel Pipe Company announces the award of an order amounting to approximately SAR 92.7 Million for the supply of Oil & Gas Steel Pipes to Saudi Aramco.
Date of Announcement of the Award 2026-07-22 Corresponding to 1448-02-08
Contract Subject Matter Supply of Oil & Gas Steel Pipes to Saudi Aramco.
The Entity with Which the Contract was Signed Saudi Aramco
Date of Signing the Contract 2026-07-22 Corresponding to 1448-02-08
Contract Value Approximately SAR 92.7 Million
Contract Details Purchase order amounting to approximately SAR 92.7 Million for the supply of Oil & Gas coated Steel Pipes to Saudi Aramco.
Contract Duration Up to 10 months
Financial Impact and the Relevant Period The financial impact of this order is expected to materialize in the first half of fiscal year 2027.
Related Parties Not applicable.
Additional Information Not applicable.

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