Steel News

We strive to let you one step ahead of the market.

Vallourec to supply Petrobras with up to $1 billion in OCTG

15 Sep 2025 15:03 reported by Joy Liu

A A A
Vallourec, a global leader in premium seamless tubular solutions in France, has inked a long-term agreement with Brazilian oil and gas company Petrobras. The agreement is for the supply of oil country tubular goods (OCTG) and related services from 2026 to 2029, with a potential value of up to US$1 billion.

The contract covers a full range of OCTG supply, including seamless pipes and VAM premium connections for offshore wells, ranging from 4.5" to 18", and also covers carbon and stainless steel tubulars and related accessories.

Vallourec will also provide comprehensive value-added services, including desk engineering, rig preparation, offshore supervision, and rig return repairs and re-stocking, to help Petrobras optimize its operational efficiency.

Back to Steel News

Related News

Vietnam’s Hoa Phat opens new steel pipe plant in Tay Ninh

  • Longs, Pipes, Tubes
  • 22 Apr 2026 12:03

Baker Hughes: US & Canada’s rig counts slide w-o-w for week ending Apr 17

  • Longs, Pipes, Tubes
  • 21 Apr 2026 16:15

Corinth Pipeworks & ArcelorMittal integrate low-carbon steel for energy pipes

  • Longs, Pipes, Tubes
  • 21 Apr 2026 16:15

Erciyas Steel Pipe finalizes $76 million Morocco’s water infrastructure order

  • Longs, Pipes, Tubes
  • 20 Apr 2026 15:04

Taiwan’s Feng Hsin keeps rebar, scrap, section steel prices steady for this week

  • Longs, Pipes, Tubes
  • 20 Apr 2026 15:04

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,437.50
  • 3,447.50
  • Aluminum
  • 3,612.00
  • 3,568.00
  • Copper
  • 13,200.00
  • 13,288.00
  • Nickel
  • 18,110.00
  • 18,290.00

Learn more