Arabian Pipes Co.

What Arabian Pipes Co. does

Arabian Pipes Co. is a Saudi public joint-stock company (Tadawul: 2200), founded in 1991 and headquartered in Riyadh, that manufactures welded steel pipes primarily for the oil and gas, water transmission, and structural/infrastructure markets. The company's manufacturing footprint centers on a Jubail LSAW plant for large-diameter longitudinal submerged arc welded pipes, with additional ERW/HFW, external coating, threading and coupling (OCTG), and steel coil slitting operations. Quality is anchored by API 5L, 5CT, and 5B monogram licensing, ISO 9001/14001/29001/45001 certifications, and an in-house A2LA-accredited testing laboratory, supporting qualification as an approved supplier to Saudi Aramco, PDO, KOC, KNPC, ADNOC, GASSCO, NPCC, Petrofac, and Maaden.

The company runs a B2B, project-based sales model with pricing determined through competitive tenders rather than a published price list. Distribution is split between a domestic direct sales team based in Riyadh, an export sales team covering the wider Middle East and North Africa, and a dedicated sales contact line for Saudi Aramco projects and industrial traders; marketing is supported by participation in major regional oil and gas exhibitions (ADIPEC, KOGS, EGYPES, OGWA). Customer concentration is heavily skewed toward national oil companies, with Saudi Aramco as the anchor account and additional revenue from regional NOCs and EPC contractors.

Following a 2021-2022 balance-sheet event in which accumulated losses reached 77.8% of capital, the company executed a capital reduction followed by a rights issue, restructured its board, and subsequently returned to strong profitability, supported by a 17% dividend increase (SAR 0.11 to SAR 0.17 per share) and a June 2025 capital increase via share grants. In December 2025 the company announced the establishment of a pipe fittings factory, extending its product line beyond pipes. A March 2026 announcement of SAR 241 million in new Saudi Aramco steel pipe contracts evidences continued order momentum.

Name

Arabian Pipes Co.

Legal name

Arabian Pipes Company (الشركة العربية للأنابيب)

Website

https://arabian-pipes.com

Company type

Public

Founded year

1991

Operating status

Operating

Headcount range

251–500 employees

Short description

Arabian Pipes Co. is a Saudi-listed (Tadawul: 2200) manufacturer of API-certified welded steel pipes (ERW/HFW and LSAW) for oil and gas, water transmission, and structural applications, primarily supplying national oil companies including Saudi Aramco.

Ownership category

akta.pro rank

Product category

Steel Pipe Manufacturing

NAICS

Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (33121), Oil and Gas Pipeline and Related Structures Construction (23712), Water and Sewer Line and Related Structures Construction (23711)

SIC

Steel Pipe & Tubes (3317), Oil & Gas Field Machinery & Equipment (3533), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Pipe & Tube Manufacturing (Seamless & Welded OCTG/Line Pipe/Structural Tube) (IMAKABAI)

Keywords

• Welded steel pipes
• Oil country tubular goods
• Pipe manufacturing
• Pipeline infrastructure
• ERW LSAW pipes

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Steel Pipe Sales: Manufacture and sale of steel pipes including ERW/HFW pipes, LSAW pipes, OCTG products for oil and gas transmission, water pipelines, and construction applications.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Arabian Pipes Co. manufactures and sells welded steel pipes, including ERW/HFW and LSAW pipes, for oil and gas transmission, water pipelines, and structural/construction applications. The company operates an LSAW plant in Jubail and ERW/HFW facilities, complemented by external coating, threading and coupling, and slitting services delivered to certified API specifications.

Product overview

Arabian Pipes Co. is a manufacturer of steel pipes for the oil, gas, and water industries. The company operates a multi-facility manufacturing operation producing ERW/HFW pipes and LSAW steel pipes as its core products. The product portfolio includes external coating, threading and coupling, and slitting services as add-on modules. The company serves major oil and gas companies including Saudi Aramco and operates manufacturing plants in Jubail and sales offices in Riyadh and Al-Khobar.

Differentiator

Problem solved

Functional benefit

Products and services

• ERW/HFW Steel Pipes

Quantifiable outcome

• Dividend increased from SAR 0.11 to SAR 0.17 per share in 2025

Named customers9 records

Segments2 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• American Petroleum Institute (API)coreTechnology or IntegrationAPI monogram licensing agreement granting Arabian Pipes Co. the right to use the API monogram on products meeting API specifications. Company maintains API 5L, API 5CT, and API 5B certifications under this licensing arrangement.

Scale indicators3 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• TMK (PAO TMK): One of the world's largest producers of steel pipes for oil & gas, including OCTG, line pipe and industrial pipe, with global manufacturing footprint. Competes with APC for international tenders and is a relevant comparable on product mix and scale.
• Tenaris S.A. Global leader in seamless and welded steel pipes for oil & gas (OCTG, line pipe), with extensive API-certified manufacturing. Tenaris is a much larger, multi-region incumbent that competes with APC on regional NOC tenders and represents the benchmark for product and certification scope.
• Vallourec S.A. Major global supplier of premium seamless and welded OCTG and line pipe for oil & gas, with strong Middle East presence and API certifications. Comparable in product family (OCTG, line pipe, premium connections) and end-market exposure to APC.
• Nippon Steel Corporation (Pipe & Tube Division): Major integrated steelmaker with significant pipe & tube operations (OCTG, line pipe, seamless) supplying global energy and infrastructure customers. A broad incumbent competing with APC on larger diameter and higher-grade orders.

Emerging players

• ChelPipe Group: Russian manufacturer of OCTG and line pipe for oil & gas, competing primarily in CIS and export markets. Product family and end-market overlap with APC, though it competes mainly in different geographies.

Direct peers

• Saudi Steel Pipe Company (SSP): Saudi-based welded steel pipe manufacturer serving oil & gas, water and construction markets with ERW/HFW and galvanized pipe products. SSP is the most direct domestic peer to Arabian Pipes in product, end-market, and customer base within Saudi Arabia.
• EEW (Europipe GmbH): German specialist in large-diameter LSAW steel pipes for offshore and onshore pipeline projects, including sour-service and deepwater applications. Directly competes with APC's LSAW plant for major international pipeline tenders.
• Welspun Corp Ltd. Indian manufacturer of large-diameter LSAW and HSAW pipes serving oil & gas and water pipeline projects globally, with a substantial Middle East customer base. Direct product-line overlap with APC's LSAW pipe business.
• Borusan Mannesmann Boru: Turkish producer of ERW and HSAW steel pipes for water, oil & gas, and structural applications, with strong Middle East and export sales. Comparable product range (ERW/HSAW, OCTG, line pipe) and similar regional customer base.
• Jindal Saw Ltd. Indian manufacturer of submerged arc welded (LSAW/SSAW/HSAW) and ERW pipes for oil & gas pipelines, water transmission, and structural use. Directly comparable to APC in LSAW and ERW product range and export-driven sales to Middle East markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks4 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/arabian-pipes-company

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arabian Pipes Co.