Vallourec has been awarded a USD 900 million contract with ADNOC

Posted On September 17th, 2019 - 9:33 am | by Oil and gas press

Vallourec has been awarded a contract by Abu Dhabi National Oil Company for the supply of tubing and casing, over a five year period, with a possible 2-year extension, for an amount of USD 900 million.

​It covers 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.

This award represents one of the largest awards received by Vallourec to supply international markets. It evidences the successful strategy and transformation of the Group, underlining the competitiveness of its new manufacturing routes as well as its comprehensive offer of products and services. It illustrates the ongoing recovery of EA-MEA[1] Oil & Gas markets.

Source / More : Vallourec

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