Saudi Steel Pipe Company (SSP) has announced that it has secured a US $46.4mn contract to supply steel pipes for oil and gas to Saudi oil giant Aramco.
SSP is a manufacturer and supplier of electrically resistance welded steel pipes (ERW) for the energy, industrial and construction segments in the Middle East and North Africa.
It offers oil and gas customers a full range of products including oil country tubular goods (OCTG), Line Pipe, API and Premium Connections and related accessories and services.
As per the deal, the entire work will be completed within a 1-year period, said SSP in its filing to Saudi bourse Tadawul.
The financial impact is expected to be reflected in the second half of 2027, it added.
This comes close on the heels of SSP’s similar Aramco contract wins worth US $75.2mn this year.
Also early this year, Saudi Steel Pipe said one of its consolidated subsidiaries, Global Pipe Company, had clinched a significant supply contract from Subsea Seven (SS7).
As per the US $80mn deal, Global Pipe Company will be supplying specialised line pipes for a major offshore redevelopment project being executed by Subsea Seven by year-end.
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