Saudi Steel Pipe’s subsidiary secures SAR 910M contract with Aramco

10/02/2025 Argaam
Logo of Saudi Steel Pipe Co. (SSP)

Logo of Saudi Steel Pipe Co. (SSP)

Saudi Steel Pipe Co.’s (SSP) consolidated subsidiary, Global Pipe Co., won a contract to supply longitudinally submerged arc welded (LSAW) pipes worth approximately SAR 910 million for Saudi Aramco’s Accelerated Carbon Capture and Storage hub in Jubail.

 

In a statement to Tadawul, the company said the contract has a duration of 15 months, with the financial impact expected to be partially reflected in the second half and first half of 2025 and 2026, respectively.

 

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There are no related parties to the contract, the statement added.

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