Saudi Steel Pipe awarded $50.6m supply contracts from Aramco

Saudi Steel Pipe Co. (SSP) announced in a statement, that it has secured the contract for supply of oil and gas steel pipes from Saudi Aramco.

The value of the contract is SAR 189.9 million (USD 50.6 million).

The duration of the contract is 18 months.

The financial impact of these orders is expected to materialize in the period between the second half of 2022 and first half of 2023, statement mentioned.