Group Five, Aramco sign SAR 270.6M contract

Group Five Pipe Saudi Co. signed a SAR 270.58 million contract with Saudi Aramco, the company said in a statement on Tadawul.

The four-month contract covers the manufacture and supply of spiral-welded steel pipes for one of Saudi Aramco’s projects.

The financial impact is expected to be reflected in the second and third quarters of 2027.