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TenarisSaudiSteelPipes signs contract with Aramco to supply oil and gas pipes

Friday, 09 August 2024 11:49:31 (GMT+3)   |   Istanbul
       

Saudi Arabia-based pipemaker TenarisSaudiSteelPipes, formerly known as Saudi Steel Pipe Co. (SSP), has announced that it has signed a contract with Saudi Arabian oil and gas company Aramco to supply oil and gas pipes worth SAR 138 million ($36.8 million).

Under the contract, Saudi Steel Pipe will supply oil and gas pipes to Aramco during up to 12 months. The financial impact of this contract is expected to be reflected in the second and third quarters of 2025.


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