French tubing manufacturer Vallourec has been awarded a major contract by Brazilian state-owned oil giant Petrobras for the supply of tubular products and services.
The contract is a result of a competitive bidding process and will cover the supply of products and services for Petrobras’ offshore operations from 2026 to 2029.
This long-term agreement could generate total revenue of up to $1bn, representing the widest award both in volumes and revenues since Petrobras adopted the open tender strategy.
The contract covers the full tubular goods scope of supply for seamless pipes and VAM premium connections required for Petrobras’ offshore wells from 4.5” up to 18”, including carbon and stainless-steel tubulars and associated accessories.
Vallourec will also deliver comprehensive value-added services both onshore and offshore, from desk engineering and material coordination to rig preparation, offshore supervision, rig return repairs, and re-stocking, to support Petrobras in optimising operational efficiency.
