SSP wins four Aramco supply contracts

25/08/2012 Argaam

The Saudi Steel Pipes company announces that it won (on August 25, 2012) four contracts from Aramco to supply welded steel pipes for coating oil and gas wells and pipelines. The value of contracts exceeds SAR 215.8 million, the majority of which are contracting for well coating.

The pipes will be manufactured at the company’s plant at Dammam Second Industrial City in Q4, 2012 and Q1, 2013. Sabic will supply the raw material.

The financial effect will be reflected in Q1 and Q2, 2013. 

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