Vallourec: wins contract in Brazil

(CercleFinance.com) - Vallourec's subsidiary, Vallourec Soluções Tubulares do Brasil has announced that it has been selected by TechnipFMC in Brazil to supply close to 12,000 tonnes of 8 and 10 inch OD seamless steel tubes.


"The pipe will be used in the fabrication of the riser and flowline system for interconnecting 13 wells (6 production wells and 7 water alternate gas injection wells), to be installed in the pre-salt field Mero 1, which is part of the giant Libra reservoir. Libra covers an area of 1,550 square kilometres, equivalent to the size of the Brazilian city of São Paulo, with recoverable reserves estimated in the range of 8 to 12 billion of barrels of oil," Vallourec said.

The terms of the contract were not disclosed.


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