FERVO ENERGY AND VALLOUREC ANNOUNCE LONG-TERM SUPPLY AGREEMENT TO SCALE DOMESTIC GEOTHERMAL INFRASTRUCTURE [Yahoo! Finance]
VALLOUREC SA SP/ADR (VLOWY)
NASDAQ:AMEX Investor Relations:
vallourec.com/en/group/finance/investor_relations/pages/default.aspx
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Source: Yahoo! Finance
Five-year deal represents up to $800 million in potential revenue and establishes a fully domestic supply chain for next-generation geothermal development Youngstown, Ohio April 9, 2026 – Vallourec, a world leader in premium tubular solutions for the energy industry, and Fervo Energy, the global pioneer of next-generation geothermal energy, today announced a five-year supply agreement to support the scaled deployment of geothermal energy across the United States. This deal represents up to $800 million in potential revenue for Vallourec over the life of the contract. Under the agreement, Vallourec will serve as Fervo's exclusive supplier of U.S. manufactured tubular solutions and VAM® connections through its distribution partner Sooner, Inc., establishing a fully domestic supply chain for critical geothermal well infrastructure. All products will be developed, manufactured, and tested in the United States using Vallourec's domestic industrial footprint. The collaboration direct
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News
- FERVO ENERGY AND VALLOUREC ANNOUNCE LONG-TERM SUPPLY AGREEMENT TO SCALE DOMESTIC GEOTHERMAL INFRASTRUCTUREGlobeNewswire
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