Tubular options supplier Vallourec has secured a contract from TotalEnergies SE to produce nearly 5,000 metric tons of oil nation tubular items (OCTG) options and related providers for the Kaminho deepwater challenge on Block 20, round 62.1 miles (100 kilometers) off the coast of Angola.
Below the contract, Vallourec will provide its vary of VAM connections and use its “environmentally pleasant, dope-free” Cleanwell resolution, it mentioned in a information launch.
The corporate may even present its offshore experience through VAM Discipline Service in addition to its Tubular Administration Providers (TMS) providing, which entails managing the inspection and preparation of tubes earlier than they go away for the drilling platform, and on their return to the storage space.
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The merchandise shall be manufactured at Vallourec vegetation in France, Brazil, and Indonesia, profiting from the corporate’s strategic premium manufacturing hubs, based on the discharge.
Vallourec famous that it has labored with TotalEnergies in its exploration and appraisal campaigns, equivalent to in Namibia, a area with robust growth potential, the place the corporate has already equipped nearly 5,000 metric tons of tubes and connections.
The corporate additionally helps prospects elsewhere in Africa, particularly in Nigeria, Gabon, Congo, and Mozambique.
Vallourec Chairman and CEO Philippe Guillemot mentioned, “We’re proud to help TotalEnergies in its developments and exploration tasks. I want to thank the Vallourec groups for his or her dedication”.
Final month, Vallourec secured a two-year extension of its provide contract with the Abu Dhabi Nationwide Oil Firm (ADNOC). The 2019 contract was initially price roughly $900 million. The extension will take impact in January 2025 and can last as long as January 2027.
Vallourec mentioned it’ll proceed to produce the entire vary of tubes and connections for each typical and complicated purposes in onshore and offshore oil and gasoline fields. The corporate mentioned it’ll additionally present help with its VAM Discipline Service on-site help providing.
Along with the extension, the contract has been amended to broaden the preliminary contract scope of provide to additionally embrace a brand new vary of providers, equivalent to native pipe coating in addition to Vallourec’s new digital options equivalent to Tallyvision, which streamlines set up operations by offering full traceability for every tube, based on an earlier information launch.
Below the extension, Vallourec additionally secured a brand new main order for the availability of 27,000 metric tons of tubes. The merchandise shall be manufactured in Vallourec vegetation in France, Brazil, China and Indonesia, profiting from the corporate’s strategic premium manufacturing hubs, with deliveries beginning on the finish of the 12 months.
Additionally in June, Vallourec introduced that it had finalized a deal to supply Equinor with tubes and connections for its Brazilian tasks. The five-year contract additionally covers equipment and providers.
The options will help the event of the Bacalhau and Raia fields operated within the pre-salt, in addition to the Peregrino area within the post-salt, Vallourec mentioned. The Bacalhau area is located within the Santos Basin. The Raia area consists of three pre-salt discoveries: Pão de Açúcar, Gávea, and Seat. They comprise pure gasoline and oil/condensate recoverable reserves of above one billion barrels of oil equal, based on Equinor.
To contact the creator, electronic mail rocky.teodoro@rigzone.com
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