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Riyadh – Mubasher: Arabian Pipes Company penned a SAR 104 million deal with Saudi Arabian Oil Company (Aramco) on 26 May 2025, according to a bourse statement.
The nine-month agreement covers the manufacturing and supply of steel pipes to Saudi Aramco.
Arabian Pipes pointed out that the contract will reflect on its income results during the fourth quarter (Q4) of 2025 and Q1-26.
In April 2025, Arabian Pipes and Br. C.A.T. International L.L.C. sealed a SAR 107 million supply deal.