Vallourec signs a major contract for the supply of tubes and services to Petrobras

These products will be used in various offshore development wells, mainly off the Brazilian coastline in the Campos pre-salt basin. This contract is in addition to the 3-year long-term agreement with Petrobras for the supply of OCTG tubes announced in January 2023.

The agreement between Vallourec and Petrobras also includes a wide range of services, such as stock management, rig preparation and transportation, as well as comprehensive integrated field services: receiving, inspecting and supervising pipe strings’ installation.

The finished products will be manufactured at Vallourec's Brazilian plant in Barreiro (Minas Gerais). The GRE technology offered in partnership with Tuboscope NOV, a global product and service provider to the energy industry specialized in the supply of equipment and technology to the oil and gas sector, has been tried and tested in numerous applications across the world.

For Philippe Guillemot, Chief Executive Officer of Vallourec, “We are delighted to have won this new contract, which includes local content and the supply of high-technology solutions. This order demonstrates once again that our teams are fully committed to supporting our long-standing partner in its developments. Vallourec thus confirms its determination to strengthen its position as Petrobras' main OCTG supplier and trustworthy partner”.