Vallourec has secured a contract from Brazil’s state-owned oil and gas company Petrobras for the supply of tubes and services for offshore wells.

Under the contract, Vallourec will be responsible for the supply of 1,800 tonnes of tubes equipped with advanced glass reinforced epoxy technology and CRA accessories, essential for offshore development wells, particularly in Brazil’s Campos pre-salt basin.

The deal extends Vallourec’s relationship with Petrobras, building on a three-year oil country tubular goods (OCTG) supply agreement signed in January 2023.

Vallourec’s comprehensive service offering under the latest contract includes stock management, rig preparation, transportation and integrated field services, ensuring a full-service solution for Petrobras’ operational needs.

The company plans to manufacture the products at its Barreiro plant in Minas Gerais, Brazil.

Vallourec CEO Philippe Guillemot said: “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.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Vallourec thus confirms its determination to strengthen its position as Petrobras’ main OCTG supplier and trustworthy partner.”

Last month, Petrobras selected Seatrium to construct two floating production, storage and offloading (FPSO) units, P-84 and P-85, for operations in the Santos Basin.

The P-84 and P-85 FPSOs are due to be deployed at the Atapu and Sépia fields, respectively.

P-84 and P-85 can each produce 225,000 barrels of oil per day and process ten million cubic metres of gas per day.