Element List	Explanation
Introduction	Saudi Steel Pipe Company announces that its consolidated subsidiary, Global Pipe Company, has signed a contract with Subsea Seven (SS7) for the supply of line pipe for its offshore redevelopment project, with an aggregate amount of approximately SAR 300 million.
Date of Announcement of the Award	2026-01-28 Corresponding to 1447-08-09
Contract Subject Matter	Supply of specialized line pipe for SS7 offshore redevelopment project
The Entity with Which the Contract was Signed	Subsea Seven Saudi Co. Ltd
Date of Signing the Contract	2026-01-28 Corresponding to 1447-08-09
Contract Value	Approximately SAR 300 million.
Contract Details	Contract for the supply of specialized line pipe for SS7 offshore redevelopment project, with an aggregate amount of approximately SAR 300 million.
Contract Duration	Up to 11 months
Financial Impact and the Relevant Period	The financial impact is expected to materialize in 4Q 2026
Related Parties	Not applicable.
Additional Information	Not applicable.