on VALLOUREC (EPA:VK)
Vallourec Secures Major Contract with TechnipFMC for Brazil's Orca Project
Vallourec, based in Meudon, France, has announced a significant achievement in securing a contract with TechnipFMC. This agreement involves supplying over 20,000 tons of subsea seamless premium carbon-steel line pipes for the Orca project in the Santos Basin, Brazil. The development, operated by Shell Brasil, will utilize Vallourec's expertise in risers, flowlines, and specialized coating services.
Philippe Guillemot, CEO of Vallourec, highlighted the project's significance in showcasing Vallourec's ability to meet offshore technical challenges. The contract marks a milestone, emphasizing the integration of Thermotite do Brasil. It reinforces Vallourec's strategic focus on the Brazilian market, aligning with the company's continued investment and local production capabilities.
R. E.
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