18
Oct
15:09
Global Pipe Company bags further Aramco order
Saudi Arabian large-diameter pipemaker Global Pipe Company (GPC) has been awarded a SAR 60 million ($16m) contract to supply Saudi Aramco with 30-inch OCTG pipe.
Production will commence in the second quarter of 2019 and is expected to positively impact the firm’s financial results in the second half of next year, according to GPC shareholder Saudi Steel Pipe (SSP).
GPC is a joint venture between SSP and German pipemaker Erndtebrücker Eisenwerke (E…
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