Vallourec Secures Significant Purchase Order from Wintershall Dea for Premium Tubular Solutions in the North Sea [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
Meudon (France), 8 February 2024 – Vallourec, a world leader in premium steel tubular solutions, announces it has been awarded a purchase order for the supply of premium OCTG solutions with the German company Wintershall Dea as part of the long-standing partnership between the two companies. The order includes nearly 3,000 tonnes of pipes, including a large volume of high-end CRA material (corrosion resistant alloy), connections, accessories, and associated services, for the Dvalin North deepwater gas development project in the Norwegian North Sea. Vallourec's contribution to the Dvalin North project involves the supply of its best-in-class VAM ® 21 connections featuring the environmentally-friendly CLEANWELL ® dope-free solution. Additionally, the scope of services extends to pipe preparation and reconditioning, along with comprehensive stock management. Production and threading will be done at Vallourec's plants in Brazil and France during 2024, with delivery to occur by year
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