Saudi Arabian Oil Company (Saudi Aramco) has signed the contracts with two companies, for manufacturing and supply of steel pipes with a combined value of SAR 3.13 billion.
Aramco signed contract with East Pipes Integrated Company for Industry, for a total value of more than SAR 1.65 billion. The contracts cover manufacturing and supplying of steel pipes for the contract duration of 19 months.
Another contract signed with Group Five Pipe Saudi Company for manufacturing and supplying spiral-welded steel pipes tailored for one of the projects owned by the major oil producer.
The contract is worth SAR 1.48 billion for a one-year term.