Welspun Corp Ltd (WCL), a prominent global manufacturer of line pipes, announced on January 14 the signing of a Memorandum of Understanding (MoU) with Saudi Aramco. This agreement aims to set up an advanced Longitudinal Submerged Arc Welded (LSAW) pipe production facility in Saudi Arabia.
The project received board approval from Welspun Corp on November 8, 2024. Having been a trusted supplier to Saudi Aramco for nearly two decades, Welspun Corp has contributed to several significant oil and gas pipeline projects in the Kingdom. The upcoming LSAW pipe manufacturing facility in Dammam 3rd Industrial City will feature cutting-edge technology, enabling it to cater to diverse pipeline needs, including oil, gas, hydrogen transport, and carbon capture, utilization, and storage (CCUS) projects. Operations at the facility are expected to begin by mid-2026.
Saudi Aramco, the world’s largest integrated oil and gas company, is a global energy powerhouse headquartered in Dhahran, Saudi Arabia. Renowned for its vast hydrocarbon reserves, cutting-edge technology, and operational excellence, Aramco is a key player in ensuring global energy security.
The company operates across the energy value chain, including exploration, production, refining, distribution, and marketing of oil, natural gas, and petrochemicals. Beyond its core business, Saudi Aramco is at the forefront of sustainability initiatives, investing in renewable energy, carbon capture, and innovative technologies to support a balanced energy transition. With a legacy of driving economic growth and a commitment to environmental stewardship, Aramco plays a pivotal role in shaping the future of the global energy landscape.
Welspun Corp is a global leader in the line pipe manufacturing industry, offering high-quality solutions to the oil and gas, water, and infrastructure sectors. Headquartered in India, the company operates state-of-the-art manufacturing facilities across India, the USA, and Saudi Arabia.
With a robust portfolio that includes high-grade welded pipes, Welspun Corp serves customers in over 50 countries, ensuring compliance with international standards and catering to diverse project needs. Known for its innovation, sustainability, and customer-centric approach, Welspun Corp has been a preferred partner for marquee clients worldwide. The company’s focus on technological advancements and green initiatives reflects its commitment to delivering excellence while promoting environmental stewardship.