Vallourec gets $900 million tubing and casing order from ADNOC

French tubular solutions supplier Vallourec has been awarded a contract by Abu Dhabi National Oil Company (ADNOC) for the supply of tubing and casing, over a five year period, with a possible two-year extension, for an amount of $900 million.

Illustration. Source: Vallourec

Vallourec said on Monday that the order covered a full range of products, from standard API to high end premium OCTG for both onshore and offshore oilfields, and conventional to complex wells.

In addition, Vallourec will supply a large range of “from mill to rig” services as part of its new Vallourec.smart services offer.

According to the company, this award represents one of the largest awards received by Vallourec to supply international markets. The company noted that this order illustrated the ongoing recovery of EA-MEA Oil & Gas markets.

Edouard Guinotte, Senior Vice President Middle-East/Asia, said, “We are delighted that ADNOC, the national oil company of Abu Dhabi and one of our key Group customers, has renewed its confidence to Vallourec by awarding this contract and enabling Vallourec to accompany ADNOC in its long-term strategy.”

He added: “This contract is a new milestone in our longstanding relationship with ADNOC, to whom Vallourec will provide added value, with increased flexibility and technical expertise included within our new services and digital offer Vallourec.smart.”

Tubing and casing will be supplied from Vallourec’s mills in Europe, South America and China. Deliveries are expected to start from second half of 2020.


Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.

Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.

Share this article

Follow Offshore Energy Today

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

Offshore Energy Exhibition and Conference (OEEC) 2020

Offshore Energy addresses the technical, operational and commercial challenges associated with future sector growth.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply