Arabian Pipes signs SAR 107M contract to supply steel pipes

Arabian Pipes Co. signed on April  13 a contract with the local branch of CAT International Ltd. at an estimated value of SAR 107 million.

In a statement to Tadawul, the company said that the nine-month contract includes the manufacturing and supply of steel pipes for the Jafurah Phase III project.

The financial impact of the contract is expected to appear in Q3 and Q4 2025, the company noted, adding that there are no related parties involved.