TechnipFMC Closes Major Contract With Vallourec in Brazil for Supply of Rigid Pipelines

Written by Paulo Nogueira

Published on 17/04/2019 at 07:30

Updated on 17/04/2019 at 08:02

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Vallourec Tubular Solutions in Brazil Was Awarded by TechnipFMC in Brazil to Provide Approximately 12,000 Tons of Seamless Steel Rigid Pipes with Outer Diameters of 8 “and 10” (INCHES) for the Mero 1 Field in the Pre-Salt

TechnipFMC and Vallourec Have Closed a Supply Contract for Piping That Will Be Used in the Manufacture of the Riser and Flowline System for Interconnection of 13 Wells (6 Production Wells and 7 Alternating Water Injection Wells), to Be Installed in the Mero 1 Pre-Salt Field, Which Is Part of the Giant Libra Reservoir. Libra Occupies an Area of 1,550 Square Kilometers, Equivalent to the Size of the Brazilian City of São Paulo, with Estimated Recoverable Reserves in the Range of 8 to 12 Billion Barrels of Oil.

The Libra Block Was Developed Under a Consortium Contract with Petrobras (40% Participation) as Operator, and with Shell (20%), Total (20%), CNOOC Limited (10%), CNPC (10%), and Pre-Salt. Oil – PPSA (State-Owned Company, Manager of the Libra Consortium Contract) as the Other Consortium Partners.

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The Mero Field Is Located About 180 Kilometers Off the Coast of Rio de Janeiro, in Ultra-Deep Waters and Has High-Quality Carbonate Reservoirs with Expected High Productivity.

“We Are Very Proud to Participate in This Important Oil Development, Strategic for Brazil and for Vallourec. The Contract Reflects the Value of Our Integrated Solution for Rigid Riser and Flowline Systems for Ultra-Deep Water Fields. This Contract Confirms That the Strategy Implemented by Vallourec to Provide Clients with Rigid Piping Solutions Is Appropriate. We Understand That the Market Has Reached a Turning Point Where the Demand for Rigid Risers Will Increase. At These Depths and Distances from the Coast, the Rigid Line Provides the Most Sustainable Solution for the Lifespan of These Projects,” Declared Alexandre Lyra, Senior Vice President of South America at Vallourec.

The Supply of Pipes from Vallourec Will Begin at the End of 2019.

Brazil Is One of the Main Markets and a Major Production and Export Hub for Vallourec. Activities in Brazil Include Two Main Industrial Areas:

Manufacturing of Steel Pipes, Rolling and Finishing Facilities.
Two Highly Specialized Service Companies for the O & G Market.
A Iron Ore Mine and Eucalyptus Tree Plantations.

TechnipFMC Closes Major Contract With Vallourec in Brazil for Supply of Rigid Pipelines

Vallourec Tubular Solutions in Brazil Was Awarded by TechnipFMC in Brazil to Provide Approximately 12,000 Tons of Seamless Steel Rigid Pipes with Outer Diameters of 8 “and 10” (INCHES) for the Mero 1 Field in the Pre-Salt

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TechnipFMC Closes Major Contract With Vallourec in Brazil for Supply of Rigid Pipelines

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