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Saudi APC Secures Pivotal Steel Pipe Contract for Denys' Energy Venture

Synopsis: Saudi-based Arabian Pipes Company wins contract to supply steel pipes to Denys for an oil and gas project. Deal valued at SAR 74.5 million.
Thursday, July 4, 2024
Arabian Pipes Company
Source : ContentFactory

Arabian Pipes Company, a prominent Saudi Arabian steel pipe manufacturer, has secured a significant contract to supply steel pipes for a major oil and gas project. The deal, announced on July 3, 2024, involves providing pipes to Denys, a Belgian construction and engineering firm specializing in energy infrastructure. This contract marks a notable achievement for APC in the competitive global steel pipe market and underscores the company's growing prominence in supplying critical components for energy projects.

The contract, valued at $19.9 million, represents a substantial order for APC. The company will be responsible for manufacturing and delivering steel pipes that will play a crucial role in Denys' oil and gas project. While specific details about the project location and scope have not been disclosed, the size of the contract suggests it is a significant undertaking in the energy sector. This deal not only boosts APC's order book but also enhances its reputation as a reliable supplier for international energy projects.