Tel : 0086-0371-86172891
Tel : 0086-0371-86172891
It is reported that in November 2023, Saudi Arabian HDT450F+Z steel pipe production company EastPipes and a local oil and gas company Aramco signed a new supply agreement, which will provide Aramco with HDT450F+Z steel pipes worth 128 million US dollars (without mentioning the weight). The two sides signed a pipeline supply agreement worth 480 million US dollars at the end of May 2023.
EastPipes stated that the HDT450F+Z steel goods provided to Aramco will be completed within 13 months, and the financial impact of this cooperation will be reflected in the second and third quarters of the 2024-2025 fiscal year.
EastPipes has an annual production capacity of 500000 tons and produces steel pipes for the transportation of water, oil, and natural gas. The company has the ability to coat pipes of different sizes and lengths, with an annual production capacity of 4.5 million square meters.
