09
Aug
10:00
SSPC wins Aramco contract
Dammam-based Saudi Steel Pipe Company (SSPC) has won a Saudi Aramco contract to supply steel pipe for oil and gas applications worth SAR 301.9 million ($80.5m), notes Kallanish.
Without third party involvement, the agreement was inked on 8 August with the duration indicated as 12 months. According to a bourse filing, its financial impact is expected to reflect in the first and second quarters of 2024.
SSPC sold a 47.79% stake to Tenaris in January 2019 and …
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