Vallourec Tallies $900 Mln ADNOC Contract

September 10, 2019

(Photo: Vallourec)
(Photo: Vallourec)

France-based Vallourec said it has been awarded a contract by Abu Dhabi National Oil Company (ADNOC) for the supply of tubing and casing, over a five year period, with a possible two-year extension, for an amount of $900 million.

The award, which Vallourec said is one of the largest it has received to date, covers a full range of products, from standard API to high end premium OCTG for both onshore and offshore oilfields, and conventional to complex wells. In addition, Vallourec said it will supply a range of “from mill to rig” services.

Tubing and casing will be supplied from Vallourec's mills in Europe, South America and China, and deliveries are expected to start from second half of 2020.

Categories: Contracts Middle East


Current News

Ashtead Supports Subsea Template Installs

Ashtead Supports Subsea Template Installs

Norway Mulls Blocking Prosafe's Floatel Acquisition

Norway Mulls Blocking Prosafe's Floatel Acquisition

Connector Subsea Solutions Acquires MORGRIP

Connector Subsea Solutions Acquires MORGRIP

CannSeal Debuts Mobile Mixer Technology

CannSeal Debuts Mobile Mixer Technology

Oil Soars 10%

Oil Soars 10%

Tullow to Drill at Least 3 New Guyana Wells in 2020

Tullow to Drill at Least 3 New Guyana Wells in 2020

ExxonMobil Reports Discovery Offshore Guyana

ExxonMobil Reports Discovery Offshore Guyana

Subscribe for OE Digital E‑News

OE Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week