Skip to main content

Vallourec extends its contract with the National Oil Company of Abu Dhabi

Published by , Editorial Assistant
World Pipelines,


Vallourec has signed with the National Oil Company of Abu Dhabi a two year extension to the 2019 contract originally worth c. US¢900 million. This extension will take effect in January 2025 and will last up to January 2027.

Vallourec will continue to supply the complete range of tubes and connections for both conventional and complex applications in onshore and offshore oil and gas fields. In addition to the extension, the contract has been amended to expand the initial contract scope of supply to also include a new range of services, such as local pipe coating as well as Vallourec’s new digital solutions such as Tallyvision, which streamlines installation operations by providing full traceability for each tube.

The customer will also continue to benefit from Vallourec’s state-of-the-art yard (operational storage area), equipped with a 100% digital management system.

Under this extension, Vallourec has also secured a new major order for the supply of 27 000 t of tubes. These products will be manufactured in Vallourec plants in France, Brazil, China and Indonesia, taking advantage of the Group’s strategic premium production hubs. Deliveries will start at the end of 2024.

The Group will also be supporting its customer with its VAM® Field Service on-site assistance offering.

Philippe Guillemot, Chairman of the Board of Directors and Chief Executive Officer of Vallourec, commented: “The extension of our contract shows our customer’s trust and the added value they have received from this integrated tubes and services offering we have provided for the past four years as a reference supplier. Under this extension, we are further expanding our range of services. Our customer has also recognised the value and quality of this enhanced offering with its significant new order. I am proud of the high level of our operations in Abu Dhabi and the unfailing commitment of our teams to our long-standing partner.”

 

 

Read the latest issue of World Pipelines magazine for pipeline news, project stories, industry insight and technical articles.

World Pipelines’ June 2024 issue

The June 2024 issue of World Pipelines includes a keynote section on hydrogen pipeline transport, in which Contributing Editor Gordon Cope offers a broad look at the global hydrogen pipeline market, and Atmos International discusses modelling pure hydrogen pipelines. Also in the issue: technical articles on subsea survey, pigging tool performance, HDD operations for the Trans Mountain Expansion project, and more.

Read the article online at: https://www.worldpipelines.com/contracts-and-tenders/20062024/vallourec-extends-its-contract-with-the-national-oil-company-of-abu-dhabi/

You might also like

 
 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Middle East pipeline news