Tenaris Saudi Steel Pipes, a steel pipe manufacturer based in Saudi Arabia formerly known as Saudi Steel Pipe Company (SSP), has inked a contract with Uruguay’s Tenaris Global Services for the supply of oil and gas pipes with a value of SAR 105 million.

According to the deal, Tenaris Saudi Steel Pipes should supply oil and gas pipes to Tenaris Global Services within eight months.

The financial impact was expected to show in the last quarter of the fiscal year 2023 and the first half of the fiscal year 2024.