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Unveiling the Superior Quality of Aramco New Steel Products

 


Aramco is one of the world's largest oil companies headquartered in Saudi Arabia. They have various contracts to supply steel pipes to support their oil drilling operations. Contracts are given to reliable suppliers who deliver quality products on time and within budget. These contracts are highly competitive, and winning a contract from Aramco is a significant achievement for any steel pipe supplier.

In 2022, Saudi Aramco awarded steel pipe contracts worth SR604 million ($161 million) to Saudi Steel Pipe Company (SSP) and Arabian Pipes Company. SSP secured an SR301.9 million ($80.4 million) contract to supply oil and gas tubing within a year, while Arabian Pipes Company received an SR302 million contract for Aramco's ongoing projects.

In 2023, SSP and Arabian Pipes Company will begin manufacturing and delivering oil and gas tubing and steel pipes for Aramco's key projects. Their expertise and commitment make them a significant force in the industry.

In 2024, SSP anticipates a positive financial impact from Aramco's orders, with Q1 and Q2 results reflecting this. SSP secures its fourth Aramco contract, worth SR524.7 million ($140.3 million). Arabian Pipes Company completes the project in 11 months, meeting Aramco's timeline requirements.

Saudi Aramco has awarded contracts worth $161 million to SSP and Arabian Pipes Company for the supply of steel pipes. SSP will supply oil and gas tubing to Aramco within 12 months. Arabian Pipes Company completed the entire supply work within 11 months.

The leading consultants included in this project are:

  1. Saudi Steel Pipe Company
  2. Galvanized steel pipe
  3. Qingdao Victory Steel Co., LTD
  4. SMC  SHANGHAIMETAL
  5. Junbaocheng Steel Limited

https://www.aramco.com/en

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