Vallourec: Supply of 30,000 tonnes of steel tubes to ADNOC agreed
Vallourec: Supply of 30,000 tonnes of steel tubes to ADNOC agreed
The major order from the Abu Dhabi National Oil Company (ADNOC) comprises the delivery of 30,000 tonnes of steel tubes by Vallourec
Vallourec, the world's leading supplier of non-welded steel tubes, secured an order from the Abu Dhabi National Oil Company (ADNOC) at the end of June to supply over 30,000 tonnes of carbon steel tubes and components to the oil company.
„This contract reflects Vallourec's unwavering commitment to providing ADNOC with world-class products and services based on decades of operational excellence in the Middle East“, said Laurent Dubedout, Senior Vice President OCTG, Services and Accessories. „Thanks to our track record and field-proven efficiency, we continue to deliver state-of-the-art OCTG solutions and related services to major operators like ADNOC.“
The order is based on the current Long-Term Agreement (LTA) for the supply of Oil Country Tubular Goods (OCTG) between Vallourec and ADNOC. The agreement also includes an integrated service package (such as VAM® Field Service). This offers digital value-added solutions to optimise installation and maintenance practices. The aim is to ensure that ADNOC's oil and gas fields operate at maximum efficiency.
Production is handled through Vallourec's industrial sites in Brazil, China and Indonesia. This will ensure that the delivery requirements of the project can be met. ADNOC has set itself the ambitious target of achieving a production volume of 5 million barrels per day by 2027.