Vallourec inaugurates new Research Center in Rio de Janeiro


Vallourec inaugurates new Research Center in Rio de Janeiro

RIO DE JANEIRO and BOULOGNE-BILLANCOURT -- Vallourec has announced the inauguration of a new Research Center in Rio de Janeiro. Due to be operational by October 2013, the new center will focus on all pre-salt activities for the group, with the support of Vallourec's Research Center in Belo Horizonte, which was recently expanded as well, and other Vallourec research centers throughout the world. Vallourec has a worldwide network of more than 500 R&D engineers and technicians, and spent $119 million in 2012 on R&D.

Located next to Petrobras' CENPES research center in the Technological Park of Rio de Janeiro, the center will allow Vallourec to work even more closely with the Brazilian national oil company on the needs for pre-salt fields, characterized by extreme pressure, temperature and corrosion conditions. The new unit will benefit from synergies with the Federal Universities of Rio de Janeiro and Minas Gerais, among others, in areas such as the environment, robotics and energy use.

Vallourec is one of Petrobras’ long-standing partners, with collaboration between the two groups dating back 60 years. Within a recently renewed five-year main frame agreement, Vallourec supplies Petrobras with premium pipe and connections for the company's offshore E&P wells, including the huge reservoir of the pre-salt fields.

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