VK Vallourec SA

PETROBRAS CHOOSES VALLOUREC TO SUPPORT $1BN OFFSHORE OCTG PROJECTS

PETROBRAS CHOOSES VALLOUREC TO SUPPORT $1BN OFFSHORE OCTG PROJECTS

PETROBRAS CHOOSES VALLOUREC TO SUPPORT $1BN OFFSHORE OCTG PROJECTS

Meudon (France), on September 11, 2025 – Vallourec, a world leader in premium seamless tubular solutions, has been awarded a major contract by Petrobras as a result of a competitive bidding process for the supply of OCTG (Oil Country Tubular Goods) products and services for its offshore operations from 2026 to 2029. This long-term agreement could generate total revenue of up to USD 1 billion, representing the widest award both in volumes and revenues since Petrobras adopted the open tender strategy.

This contract covers the full OCTG scope of supply for seamless pipes and VAM® premium connections required for Petrobras’ offshore wells from 4.5” up to 18”, including carbon and stainless-steel tubulars and associated accessories. Vallourec will also deliver comprehensive value-add services both onshore and offshore, from desk engineering and material coordination to rig preparation, offshore supervision, rig return repairs, and re-stocking, to support Petrobras in optimizing operational efficiency.

This success thereby reinforces the leadership of VAM® premium connections and Vallourec Tubular Services (VTS) in Brazil.

                

Philippe Guillemot, Chairman of the Board of Directors and CEO of the Vallourec Group, commented:

“This achievement is a powerful demonstration of Vallourec’s ability to meet customers’ complex and evolving requirements. It confirms the strength and consistency of our positioning, built on technical excellence, an integrated industrial presence in Brazil, and a long-standing partnership with Petrobras based on mutual trust. I would like to thank Petrobras for its renewed trust and all Vallourec teams whose commitment and expertise made this success possible”

About Vallourec

Vallourec is a world leader in premium tubular solutions for the energy markets and for demanding industrial applications such as oil & gas wells in harsh environments, new generation power plants, challenging architectural projects, and high-performance mechanical equipment. Vallourec’s pioneering spirit and cutting-edge R&D open new technological frontiers. With close to 14,000 dedicated and passionate employees in more than 20 countries, Vallourec works hand- in-hand with its customers to offer more than just tubes: Vallourec delivers innovative, safe, competitive and smart tubular solutions, to make every project possible.

Listed on Euronext in Paris (ISIN code: FR0013506730, Ticker VK), Vallourec is part of the CAC Mid 60, SBF 120 and Next 150 indices and is eligible for Deferred Settlement Service.

In the United States, Vallourec has established a sponsored Level 1 American Depositary Receipt (ADR) program (ISIN code: US92023R4074, Ticker: VLOWY). Parity between ADR and a Vallourec ordinary share has been set at 5:1.



  

For further information, please contact:

Investor relations:

Connor Lynagh

Tel: +1 (713) 409-7842

Individual shareholders:

Toll Free number (From France): 0 805 65 10 10 

Press relations: Taddeo

Romain Grière

Tel: +33 (0)7 86 53 17 29

Nicolas Escoulan

Tel: +33 (0)6 42 19 14 74



 

Attachment



EN
11/09/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Vallourec SA

 PRESS RELEASE

VALLOUREC SECURES A NEW ORDER WITH PETROBRAS FOR SUBMAGNÉTICO FREE FLO...

VALLOUREC SECURES A NEW ORDER WITH PETROBRAS FOR SUBMAGNÉTICO FREE FLOW® VALLOUREC SECURES A NEW ORDER WITH PETROBRAS FOR SUBMAGNÉTICO FREE FLOW® Meudon (France), October 1st 2025 – Vallourec, a world leader in premium seamless tubular solutions, announces a new order for SUBMAGNÉTICO FREE FLOW®, its Oil Country Tubular Goods (OCTG) solution designed to prevent inorganic scaling in production strings. This new order signed with the Brazilian operator, Petrobras, covers the production and installation of more than 30 units, to be delivered and installed in Brazil’s offshore pre-salt fields....

 PRESS RELEASE

VALLOUREC REMPORTE UNE NOUVELLE COMMANDE AUPRÈS DE PETROBRAS POUR SUBM...

VALLOUREC REMPORTE UNE NOUVELLE COMMANDE AUPRÈS DE PETROBRAS POUR SUBMAGNÉTICO FREE FLOW® VALLOUREC REMPORTE UNE NOUVELLE COMMANDE AUPRÈS DE PETROBRAS POUR SUBMAGNÉTICO FREE FLOW® Meudon (France), le 1er octobre 2025 – Vallourec, leader mondial des solutions tubulaires premium sans soudure, annonce une nouvelle commande pour SUBMAGNÉTICO FREE FLOW®, sa solution OCTG (Oil Country Tubular Goods) conçue pour éviter l'entartrage inorganique dans les colonnes de production. Cette nouvelle commande signée avec l'opérateur brésilien Petrobras porte sur la production et l'installation de plus de 3...

 PRESS RELEASE

JEROME FAVRE APPOINTED HEAD OF OCTG, SERVICES AND ACCESSORIES

JEROME FAVRE APPOINTED HEAD OF OCTG, SERVICES AND ACCESSORIES JEROME FAVRE APPOINTED HEAD OF OCTG, SERVICES AND ACCESSORIES Meudon (France), September 15, 2025 – Vallourec, a world leader in premium seamless tubular solutions, announces the appointment of Jérôme Favre as Head of the OCTG, Services and Accessories Business Line. He has joined the Executive Committee, effective immediately. Jérôme Favre previously oversaw OCTG sales for the Eastern Hemisphere and is succeeding Laurent Dubedout. He will work closely with Laurent to perpetuate the Group’s successful commercial strategy during...

 PRESS RELEASE

JEROME FAVRE NOMMÉ DIRECTEUR OCTG, SERVICES ET ACCESSOIRES

JEROME FAVRE NOMMÉ DIRECTEUR OCTG, SERVICES ET ACCESSOIRES JEROME FAVRE NOMMÉ DIRECTEUR OCTG,SERVICES ET ACCESSOIRES Meudon (France), 15 septembre 2025 – Vallourec, leader mondial des solutions tubulaires premium sans soudure, annonce la nomination de Jérôme Favre au poste de Directeur Business line OCTG, Services et Accessoires. Il rejoint le Comité Exécutif et prend ses fonctions ce jour. Jérôme Favre pilotait auparavant les ventes OCTG Hémisphère Est, il succède à Laurent Dubedout. Jérôme et Laurent coopéreront étroitement dans les prochaines semaines pour maintenir la dynamique de la ...

Felix Fischer ... (+6)
  • Felix Fischer
  • Haidje Rustau
  • Jayanth Kandalam
  • Peter Low
  • Si Yong Ng
  • Tanvi Arora

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: Playtech, Guala Closures, evoke, Grupo Antolin, Nokia, NES Fircroft, MasOrange, Paprec Group, Biofarma, Vallourec, Forvia (formerly Faurecia), Ineos, Ineos Quattro

ResearchPool Subscriptions

Get the most out of your insights

Get in touch