East Pipes Integrated Company for Industry Inks Multi-Contract Deal with Aramco

Welspun Corp Limited's associate company, East Pipes Integrated Company for Industry (EPIC), a leading manufacturer of HSAW Pipes in Saudi Arabia, has signed multiple contracts with Saudi Arabian Oil Co. (Aramco). The total value of these contracts exceeds SAR 1.65 Billion (~INR 3,670 crores), inclusive of value-added tax, for the manufacturing and supply of steel pipes. The duration of the contracts spans 19 months.

The financial impact of these contracts will be reflected from the 4th Quarter of the financial year 2024/2025 to the 4th Quarter of the financial year 2025/2026.

EPIC's stature as Saudi Arabia's top manufacturer of Helical Submerged Arc Welded (HSAW) pipes, along with its fully integrated manufacturing facilities and proven track record in executing large-scale orders, underscores its ability to secure significant projects in both the Water and Oil & Gas sectors. The company's commitment to quality and customer satisfaction positions it well to support Saudi Arabia's strategic objectives under Vision 2030.

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