Saudi Aramco has awarded a contract to East Pipes Integrated Co for nearly $24.8 million, East Pipes said in its bourse disclosure. The eight-month deal covers the manufacturing and supplying of steel pipes to Aramco. East Pipes Integrated indicated that the agreement will reflect on its income statements during the fourth quarter (Q4) of fiscal […]
steel
Posted inNews
Aramco, PIF to build first steel plate manufacturing complex in Saudi Arabia
Aramco, Baoshan Iron & Steel Co., and the Public Investment Fund (PIF) have signed an agreement to establish an integrated steel plate manufacturing complex in Saudi Arabia. Subject to customary regulatory approvals and closing conditions, the joint venture complex is expected to be located in Ras al-Khair Industrial City, one of the four new Special […]
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Posted inProducts & Services
Aramco empowers local capabilities with $6.93bn purchase agreements for pressure vessels
The purchase agreements, signed on 1 May 2018, will focus on the supply of pressure vessels by local manufacturers, mandated under IKTVA goals as well as to actively pursue Saudisation targets.
Posted inProducts & Services
Steel companies in KSA show strength at SAOGE
KSA’s premier steel companies set future strategies at Saudi summit