Petrobras, the Brazilian state-owned company, has awarded a contract to a French company for the supply of oil country tubular goods (OCTG) solutions for the oil and gas exploration and production wells in the Brazilian pre-salt oil region.
The selected company Vallourec is in charge of the supply of OCTG premium products, associated accessories, and specialized physical and digital services, representing a volume of supply above 110 thousand tons of products and accessories.
The French tubular solutions supplier has pointed out that these products, associated accessories, and physical and digital services will support Petrobras in its offshore oil and gas exploration and production wells in the Brazilian pre-salt oil region, an offshore reserve located below some 4,000 meters of salt and post-salt sediments.
The contract represents an increase in scope for Vallourec, which includes the first-time supply of seamless 16” to 18” large diameter pipes manufactured in Brazil using technology at its Jeceaba (Minas Gerais) mill and which will support Petrobras to maximize its production.
Petrobras also plans to leverage Vallourec’s digital solutions, including full pipe traceability, Smartengo Running Expert to circular economy solutions for the reuse of protectors, slings, and other components.
“I am delighted by this new agreement, which further cements the long-standing relationship between Vallourec and Petrobras,” said Phillipe Guillemot , Chairman and CEO of Vallourec.
“This latest contract further demonstrates Vallourec’s ability to deliver solutions to the industry that are both technology and efficiency enablers to key players in the industry. I am grateful to Petrobras for once again placing its confidence in Vallourec for the exploitation of this key exploration area.”