Alliance With Vallourec for Tube Supply Until 2029 Prioritizes National Production and Strengthens State-Owned Maritime Operations.
Petrobras and steel tube manufacturer Vallourec have signed a new contract that could mobilize up to US$ 1 billion. Announced this Thursday, the agreement aims to support the state-owned company’s maritime operations and reveals an important strategy for strengthening the local industry.
A Long-Term Agreement to Secure the Future of Operations
The contract signed between Petrobras and Vallourec ensures the supply of tubes and associated services. This order was designed to cover all the needs of the state-owned company’s offshore operations during the period of 2026 to 2029. The long-term partnership ensures predictability and security for the company’s projects.
Local Production: The Success of Vallourec’s Investment in Brazil
Philippe Guillemot, CEO of Vallourec, stated that this contract illustrates the success of the company’s investment plan in the country. Thanks to this strategy, Vallourec was able to produce tubes locally that would have previously needed to be imported. This represents a significant milestone for the national industry and for Petrobras‘ supply chain.
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Vallourec’s Strategy: Focus on High-Value Products
Over the last two years, Vallourec has implemented a plan to reduce its debt. The company decreased production volumes and started focusing on high-value-added products. The new agreement with Petrobras is aligned with this new phase of the manufacturer, focused on more efficient and specialized solutions.
History of the Partnership Between Petrobras and the Manufacturer
The relationship between the two companies is not new. In September of last year, Vallourec had already signed a three-year contract with Petrobras. At that time, the agreement provided for the supply of up to 25,000 tons of steel tubes and accessories for the development of the Sepia 2 and Atapu 2 projects.

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