Arabian Pipes signs supply contract in Kuwait’s KAC Trading

Arabian Pipes Co. signed a contract on May 11 with Kuwait’s KAC Trading Co. to manufacture and supply casing pipes for Kuwait Oil Co.

In a statement to Tadawul, the company said the contract value exceeds 5% of its total revenue, according to its latest audited financial statements for 2025.

The 12-month contract covers the manufacturing and supply of casing pipes, expecting the financial impact to be reflected from Q4 2026 through Q2 2027.

Arabian Pipes said the contract aligns with its strategy to expand the supply of casing pipes and related products locally and in export markets, the statement noted, adding that there are no related parties to the deal.

According to Argaam data, Arabian Pipe’s total revenue reached about SAR 874 million in 2025, implying that the contract value exceeds SAR 43.7 million.