"Vallourec" News

Vallourec to Close Sites in Germany, France, and Scotland, with 2950 Jobs Set to Be Lost

May 19, 2022

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…

Vallourec to Relocate Oil & Gas Ops to Brazil, Dispose of German Assets

Nov 18, 2021

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…

VIDEO: CorPower Builds 'World's largest' Wave Energy Test-rig

Aug 10, 2021

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…

Vallourec Reaches Financial Restructuring Deal with Creditors

Feb 03, 2021

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…

Barcodes to Drive Down Pipeline Inspection Costs

Oct 22, 2020

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…

VIDEO: Barcode Tags Could Cut Subsea Pipeline Inspection Costs

Sep 24, 2020

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…

Vallourec to Keep Supplying Petrobras with Tubular Solutions Until 2023

Jul 30, 2020

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…

Vallourec Tallies $900 Mln ADNOC Contract

Sep 10, 2019

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…

ADNOC Dishes $3.6 Billion in Contracts

Aug 21, 2019

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…

Mero Field E&P Procurement Heating Up Market

May 02, 2019

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…

Vallourec Bags PTTEP Contract in Myanmar

Mar 19, 2019

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…

Total efficiency

Oct 30, 2017

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 appoints chief digital officer

Apr 28, 2017

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…

Slow and steady wins the race

Jan 01, 2017

Hess is dedicated to bringing its Stampede project online on-time and on-budget, with safety being the key to success. Jerry Lee dives into the finer details of the project, slated for 2018. In September 2016…

EI appoints Malcolm Brinded as president elect

Jun 29, 2016

The Energy Institute (EI) has appointed former executive director for Shell Upstream International, and current chairman for the Shell Foundation Malcolm Brinded CBE FREng FEI as president-elect, in addition to the announcement of several other EI appointments…

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