Arabian Pipes Company (APC), a Saudi Arabia-based steel pipe producer, finalized a new contract with Saudi Aramco on June 30, 2026, valued at approximately SAR 133 million.

According to a disclosure on the Saudi Stock Exchange (Tadawul), the nine-month agreement mandates the manufacturing and supply of steel pipes for the energy corporation.

Company officials anticipate the financial gains from this transaction to register in the corporate accounting balance sheets during the first and second quarters of fiscal year 2027.

This transaction extends previous collaborations. Earlier, on May 21, 2026, the manufacturer secured separate steel pipe supply agreements with Aramco totaling SAR 62 million for various oil and energy developments.