Vallourec, the world’s leading producer of premium steel tubular solutions, announces that it has won orders for Oil Premium Tubular Goods (OCTG) from Aramco.
Together, these orders exceed US$300 million and complement Vallourec’s recent successes in the region. They include the supply of proprietary steel casing and tubing for high pressure environments, threaded with premium VAM® fittings.
These orders are in addition to the quantities to be supplied under the company’s 10-year long-term contract with Aramco.
Vallourec will manage production at several of its factories, drawing on its global industrial footprint and full range of expertise.
Deliveries will take place in 2024.
Philippe Guillemot, Chairman and CEO of Vallourec, commented: “These orders speak to Vallourec’s deep relationship with Aramco and our strong brand recognition in the Kingdom. The company has been present in Saudi Arabia for over 10 years and is growing its domestic presence to met with strong local demand. We look forward to further strengthening our relationship in the coming years.”
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News about oil pipelines in the Middle East
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