Group Five Pipe Saudi wins $39m spiral steel pipes order from Aramco 

  • 6/1/2022
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RIYADH: Nomu-listed Group Five Pipe Saudi Co. has secured a contract worth SR145 million ($39 million) from Saudi Aramco to supply welded spiral steel pipes. The homegrown manufacturer will supply these pipes for water usage in Aramco’s facilities of Jaladi and Abqaiq, according to a bourse filing. Group Five Pipe Saudi joined the Kingdom’s stock exchange in November last year, after raising SR98 million in an initial public offering.

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