Vallourec announces that it has won orders for premium oil country tubular goods (OCTG) from Aramco.
These orders total more than three hundred million dollars and supplement Vallourec’s recent successes in the region. They cover the supply of proprietary steel grade casing and tubing for high-pressure environments, threaded with premium VAM® connections. These orders are incremental to the volumes to be delivered under the company’s 10-year long-term agreement with Aramco.
Vallourec will handle production at several of its plants, drawing on its global industrial footprint and full range of expertise. Deliveries will take place during 2024.
Philippe Guillemot, Vallourec’s Chairman and CEO, commented: "These orders speak to Vallourec's deep relationship with Aramco and our strong brand recognition in the Kingdom. The company has been present in Saudi Arabia for over 10 years and is growing its domestic presence to meet strong local demand. We look forward to further strengthening our relationship in the years ahead."