Vallourec Signs Multimillion Contracts in Asia and Strengthens Its Oil and Gas Operations

Written by Andriely Medeiros de Araújo

Published on 30/07/2025 at 13:47

Updated on 30/07/2025 at 13:48

A Vallourec assinou contratos estratégicos com a ADNOC, CNOOC e PetroChina, fortalecendo sua presença global no setor de petróleo e gás com fornecimento de tubos e serviços premium.

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Vallourec Signed Strategic Contracts with ADNOC, CNOOC, and PetroChina, Strengthening Its Global Presence in the Oil and Gas Sector with the Supply of Tubes and Premium Services.

Vallourec last Monday, 07/28, two important contracts in the oil and gas sector that strengthen its presence in strategic markets in Asia. The company signed an agreement with the Abu Dhabi National Oil Company (ADNOC) to supply more than 30,000 tons of carbon steel pipes, in addition to accessories and digital services.

In addition, it closed two contracts with the Chinese giants CNOOC and PetroChina for drilling operations in Iraq, with estimated revenue of more than US$ 130 million. The negotiations took place in the context of increasing global energy demand and reflect the company’s competitive positioning in providing high-performance solutions.

Vallourec’s Expansion in the Middle East

Deliveries will be made between 2025 and 2026 and involve Vallourec units in Brazil, China, and Indonesia. The move aims to meet the expansion plans of the oil companies involved, which aim to significantly increase their production capacity in the coming years.

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New Contracts with China Aim at Operations in Iraq

The partnership with Chinese CNOOC and PetroChina encompasses the supply of carbon steel pipes and Super-13Cr steel, aimed at the demanding drilling operations in Iraq.

With one of the largest oil reserves in the world, the country plans to expand its production capacity from the current 4.1 million barrels per day to 6 million by 2029.

This increase in activities has boosted the demand for premium OCTG solutions, such as those offered by Vallourec.

“With these awards, CNOOC and PetroChina recognized Vallourec’s competitiveness and its ability to supply significant quantities of premium material in a short period of time,” emphasized Philippe Guillemot, the company’s CEO.

The signed contracts reinforce Vallourec’s strategy to position itself as a reference supplier of technological solutions for the energy sector.

The company bets on the combination of innovation, high production capacity, and international presence to meet the demands of large global operators.

In addition, the adoption of digital solutions in the services offered increases operational efficiency and reduces operators’ costs, adding value to the partnerships established.

Vallourec Expands Global Presence and Reinforces Focus on Energy

With these new contracts, Vallourec takes another step in consolidating its international operations, especially in regions with high energy demand.

The strategic operation in the United Arab Emirates and Iraq strengthens its positioning as a global leader in pipes and premium services for the oil and gas sector.

The company’s expectation is that, with the growth in exploration and production projects in technically challenging areas, the demand for advanced solutions, like those it offers, will remain high in the coming years.

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Vallourec Signs Multimillion Contracts in Asia and Strengthens Its Oil and Gas Operations

Vallourec Signed Strategic Contracts with ADNOC, CNOOC, and PetroChina, Strengthening Its Global Presence in the Oil and Gas Sector with the Supply of Tubes and Premium Services.

Vallourec’s Expansion in the Middle East

New Contracts with China Aim at Operations in Iraq

Vallourec Expands Global Presence and Reinforces Focus on Energy

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Vallourec Signs Multimillion Contracts in Asia and Strengthens Its Oil and Gas Operations

Vallourec Signed Strategic Contracts with ADNOC, CNOOC, and PetroChina, Strengthening Its Global Presence in the Oil and Gas Sector with the Supply of Tubes and Premium Services.

Vallourec’s Expansion in the Middle East

New Contracts with China Aim at Operations in Iraq

Vallourec Expands Global Presence and Reinforces Focus on Energy

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The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

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