Vallourec Signs a 5-year Framework Contract with Total

Source: www.gulfoilandgas.com 11/24/2015, Location: Europe

Vallourec, a world leader in premium tubular solutions, has signed a 5-year framework contract with Total to meet its OCTG requirements. A supplier of the Total Group for many years, Vallourec was able to present a competitive and sustainable offer aligned with the new strategic plan defined by Total.

From standard API products to the most sophisticated products developed by Vallourec (VAM® premium connections), the framework contract covers a complete range of products and services to fulfill all of Total's OCTG requirements whether they relate to exploration or development projects.

This framework contract underpins Vallourec's commitment to support Total's teams in their current major development projects.

According to Didier Hornet, Director of the Ea?stern Hemisphere responsible for Vallourec's oil and gas strategy, "Total is a strategic client for Vallourec, this agreement rewards Vallourec's efforts to differentiate from its competitors and remain competitive in its value offer. The major contract set up over the last few years with Total will enable us to continue to develop joint initiatives and strengthen the collaboration between our teams".

Thanks to its worldwide presence and industrial facilities, Vallourec is well positioned to continue helping Total respond to the current challenges in the oil & gas market by developing innovative solutions designed to reduce the total cost of ownership.


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