Saudi Pipelines wins a supply contract for Aramco worth $37 million

Saudi Pipelines announced that it had won a contract to supply steel pipes for oil and gas to Saudi Aramco, with an estimated value of 138.6 million riyals ($37 million). The company said, in a statement to the Saudi Stock Exchange (Tadawul), that the duration of the contract is up to 12 months, and it is expected that the financial impact of this contract will be reflected in the first and second quarters of 2025. On Tuesday, “Pipes” announced that it had won a contract to supply steel pipes from the company’s factories to Aramco, worth 107 million riyals. She said that the duration of the contract is 10 months.