Vallourec inks long-term agreements with Petrobras


PARIS -- Vallourec has announced that it has signed new contracts for the supply of products and services to the Brazilian national oil company Petrobras.

In the framework of these three-year long-term agreements Vallourec will supply Petrobras' operations with premium seamless OCTG products and associated accessories, with premium steel grades and connections using state-of-the art technology, and specialized services.

The products and associated services will be used by Petrobras on its offshore Oil & Gas exploration and production wells, located at the important reservoirs of the pre-salt basin. Petrobras' pre-salt area production already represents more than 50% of Petrobras total production.

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