Vallourec: contract with Equinor in Brazil

(CercleFinance.com) - Vallourec announces the signing of a 5-year contract in Brazil for the turnkey supply of tubes, connections, accessories and services to the Norwegian group Equinor, one of Brazil's largest oil producers.


Its high-performance, low-carbon footprint OCTG solutions will contribute to the development of the Bacalhau and Raia fields in Brazil's pre-salt zone, as well as the Peregrino field in the post-salt zone.

The contract also includes innovative digital solutions and Vallourec's full range of Tubular Management Services (TMS). First deliveries are scheduled for H2 2025.


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