Welspun Corp’s associate company has secured a SAR 440 million (approximately INR 1000 crore) contract with Saudi Aramco for large-diameter steel pipes.
This is a significant development for Welspun Corp and its associate company, as Saudi Aramco is one of the world’s largest oil and gas companies.
The contract will support Saudi Aramco’s strategic initiatives in the Kingdom of Saudi Arabia (KSA).
The contract is for the supply of large-diameter steel pipes for Saudi Aramco’s oil and gas projects. Welspun Corp’s associate company has a strong track record of supplying high-quality steel pipes to the oil and gas industry, and this contract is a testament to its expertise and capabilities.
The contract is also a positive development for the Indian economy, as it will generate employment and boost exports. It is also a sign of the growing trade and economic ties between India and KSA.