Vallourec, a world leader in premium seamless tubular
solutions, announces, after a competitive process, the signing of a significant contract with Petrobras, a
leading player in the global energy industry. The contract covers the supply of premium Oil Country Tubular
Goods (OCTG) and accessories for the development of the technically-sophisticated Sepia 2 and Atapu 2
projects. Additionally, Vallourec will provide a comprehensive range of associated services such as
Tubular Management Services, VAM Field Service, and the full suite of Vallourec’s digital solutions.
This project showcases Vallourec's expertise in providing high-end steel grades (High Collapse, Sour
Service, Super Martensitic) and premium connections (VAM 21 and VAM SLIJ-3) to meet the demanding
technical challenges of Brazil’s deepwater pre-salt fields. All products will be supplied from the Group’s
Brazilian plants, including large diameter seamless tubes, for which production capabilities have been
reinforced by the recent investment under the New Vallourec plan. Vallourec stands apart in its ability to
deliver high-value tubular solutions and services from its vertically-integrated Brazilian facilities.
This contract, which reflects the significant value added by Vallourec’s premium solutions, entails deliveries
of up to 25,000 tons over a three-year period.
Philippe Guillemot, Chairman of the Board of Directors, and Chief Executive Officer declared: “This
contract is a clear endorsement of Vallourec’s unique positioning in one of the world’s most important oilproducing regions. It demonstrates the Company's commitment to the Brazilian market and its ability to
deliver high value tubular solutions and services directly from its Brazilian facilities. This is a tangible result
of the New Vallourec strategic plan, which has strengthened the Company’s position in key markets to
better serve its customers. The Company is proud to be partnering with Petrobras on this important
project.”
