15
Feb
08:59
TSSP secures Aramco pipe supply contract
Dammam-based Tenaris Saudi Steel Pipe (TSSP) has been awarded by oil giant Saudi Aramco a steel pipe supply contract with an estimated value of SAR 80.6 million ($21.5.6m), Kallanish notes.
The contract was inked on 14 February, with the duration indicated as 18 months, according to a bourse filing.
The financial impact and the relevant period of the contract will be from the second half of 2022 through H1 2023, the pipemaker adds.
The firm has a 360,000 tonnes/…
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