"Anabib Saudi" signs contract worth 92.7 million riyals with "Aramco"
Saudi Steel Pipe Company - Company website
Supply of steel pipes dedicated to oil and gas sectors
Saudi Arabia
Riyadh - Al Arabiya Business
Published: July 22, 2026: 06:14 PM GST Last updated: July 22, 2026: 06:22 PM GST
Reading mode
100% font size
Listen to the article Audio text automatically generated by an automated system
0:00
1 minute to read
Saudi Steel Pipe Company (Anabib Saudi) signed a contract on July 22 with Saudi Aramco to supply steel pipes dedicated to the oil and gas sectors, with a value of 92.7 million riyals.
The company explained in a statement on Saudi Tadawul on Wednesday that the contract includes a purchase order to supply steel pipes for oil and gas, with a duration of up to 10 months.
It expected the financial impact of the contract to be reflected in its financial results during the first half of 2027.
Advertisement
Advertisement
Read also
East-West pipeline in Saudi Arabia is one of the greatest logistical achievements in the modern oil industry. The Kingdom prepares to build a system more capable of facing future crises. Economic stories.
"Reuters": Saudi Arabia studies expanding oil pipeline to Red Sea to reach 9 million barrels capacity
"Anabib Saudi" approves distribution of 37.9 million riyals for 2025 at 0.75 riyals per share. Capital Markets.
Advertisement
Original source: Al Arabiya
Comments (0)
Be the first to comment.