Awarded following a competitive tender process, this contract is the most comprehensive in terms of volume and revenue since Petrobras adopted its open tender strategy, potentially generating up to USD 1 billion in total revenue.
Under the agreement, Vallourec will supply carbon and stainless steel pipes, seamless pipes, and VAM®️ premium connections along with all associated accessories required for offshore wells ranging from 4.5” to 18”. Vallourec will also provide comprehensive value-added services onshore and offshore to enhance Petrobras’ operational efficiency. These services include desk engineering, material coordination, well preparation, offshore supervision, well repair, and restocking processes.
Philippe Guillemot, Chairman and CEO of Vallourec Group, commented on the agreement:
“This achievement strongly demonstrates Vallourec’s ability to meet the complex and evolving needs of our customers. Our integrated industrial presence in Brazil and long-standing, trust-based partnership with Petrobras, combined with our technical excellence, form the foundation of this success. I would like to thank Petrobras for their continued confidence in us.”
Comments
No comment yet.