Saudi Steel Pipe Company has announced that its consolidated subsidiary, Global Pipe Company, has signed a significant contract with Subsea Seven (SS7), a global leader in offshore energy engineering and construction.
The contract is valued at SAR 300 million and marks an important milestone in strengthening Global Pipe’s presence in the offshore energy sector.
Under the terms of the agreement, Global Pipe Company will supply specialized line pipes for a major offshore redevelopment project being executed by Subsea Seven. These pipes are designed to meet stringent offshore specifications and demanding operational requirements, highlighting Global Pipe’s advanced manufacturing capabilities, technical expertise, and commitment to international quality standards.
The duration of the contract is 11 months, during which Global Pipe will deliver the required products in line with the project’s schedule and performance expectations. The contract is expected to contribute positively to the company’s order book and revenue visibility over the contract period.
This agreement reflects the continued trust of leading international contractors in Saudi-made products and supports Saudi Steel Pipe Company’s strategy to expand its footprint in high-value offshore and energy infrastructure projects, both regionally and globally.
