New assignment expands French firm’s sphere of activity with Petrobras

France’s tubular solutions provider Vallourec has been hired by Brazil’s state-owned energy giant Petrobras to supply tubes and services for offshore development wells, mostly located in the Campos pre-salt basin.

Illustration; Source: Vallourec

The latest contract award, which builds on the three-year agreement the duo inked for the supply of oil country tubular goods (OCTG) solutions in January 2023, will see Vallourec deliver 1,800 tonnes of premium carbon steel tubes with glass reinforced epoxy liners (GRE technology), along with the associated corrosion resistant alloy (CRA) accessories to Petrobras.

Philippe Guillemot, Chief Executive Officer of Vallourec, commented: “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. Vallourec thus confirms its determination to strengthen its position as Petrobras’ main OCTG supplier and trustworthy partner.”

While explaining that its products will be used in various offshore development wells, mainly off the Brazilian coastline in the Campos pre-salt basin, the French company underlines that this agreement also encompasses a wide range of services, such as stock management, rig preparation, and transportation.

In addition, the deal covers comprehensive integrated field services, including receiving, inspecting, and supervising pipe strings’ installation. According to Vallourec, the finished products will be manufactured at its Brazilian plant in Barreiro, Minas Gerais.

The French tubular player’s new assignment in Brazil comes almost a year after it was tapped to supply line pipes for phases 6 and 8 of the Búzios oil field development and less than two months after the firm was picked by ExxonMobil to provide pipe for a deepwater oil development offshore Guyana.