French steel pipemaker Vallourec said Monday it had won two major orders to supply line pipes for phases 6 and 8 of the Buzios oil field development operated by Petrobras. These orders are in addition to the contract previously won for phase 7…
Vallourec has signed a long-term agreement with Petrobras for OCTG (Oil Country Tubular Goods) solutions. The three-year agreement covers the supply of OCTG Premium products, associated accessories, and specialized physical and digital services…
Vallourec is starting a process to close its German manufacturing sites as it had failed to find a 'credible' buyer for the assets, the French steel pipe maker said on Wednesday.Vallourec also said it would close its heat treatment line in Saint-Saulve in France and a site in Scotland…
French steel pipemaker Vallourec narrowed on Wednesday its full-year EBITDA guidance and said it plans to launch the disposal process for its German assets as well as relocate its oil & gas activities to Brazil.'Our German operations continue to underperform…
Wave energy technology developer CorPower has said it has completed construction of the world’s largest wave energy test-rig, following a two-year project.The 45-tonne moving mass system, installed at CorPower’s Stockholm base, is capable of simulating ocean wave conditions anywhere in the world…
French steel pipemaker Vallourec said on Wednesday it has reached an agreement in principle on financial restructuring with its main creditors.It has filed a request with the commercial court of Nanterre, in greater Paris, for the opening of safeguard proceedings…
Three French companies are working on a pipeline inspection solution that combines ROVs and the use of visual markers - barcodes - directly integrated on subsea pipelines.The solution, being developed by tubular solutions firm Vallourec, smart…
A pipeline inspection solution combining subsea drones and the use of visual markers - barcodes - on the pipelines themselves could drive down the costs of subsea pipeline inspections.The solutions is being developed by tubular solutions firm Vallourec…
Tubular solutions supplier Vallourec has signed contract extensions with Petrobras for the supply of its products and services.Since 2019, Vallourec has been supplying Petrobras with OCTG products, including seamless steel tubes, connections…
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…
The Abu Dhabi National Oil Company (ADNOC) has awarded three multi-billion-dollar contracts for the procurement of casing and tubing, the United Arab Emirates state-owned oil company announced on Wednesday.The contracts – awarded to Consolidated Suppliers Establishment…
Thailand’s national oil exploration & production company PTT Exploration & Production PLC (PTTEP) has awarded French contractor Vallourec a contract to deliver over 3,000 tons of oil country tubular goods (OCTG) for a challenging offshore project in Myanmar…
The development of the Mero field, part of the Libra pre-salt complex offshore Brazil, has opened a range of opportunities for equipment and services in the oil and gas sector in the South American country. A range of equipment from wet x-mas trees…
When Total launched the Laggan-Tormore subsea tieback, West of Shetland, it was always with the long-view, and not just in terms of distance. The investment is starting to pay off. Elaine Maslin reports. The 143km-long gas pipeline export facilities for Laggan-Tormore…
Vallourec, a provider of tubular solutions with six global research centers, has appointed Barthélémy Longueville to the position of chief digital officer (CDO). As the group puts its Transformation Plan into action, the CDO's task will be to steer Vallourec's digital strategy…