Vallourec to support multi-energy project for TotalEnergies in Iraq
VALLOUREC SA SP/ADR (VLOWY)
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Source: GlobeNewswire
Press release Vallourec to support multi-energy project for TotalEnergies in Iraq Meudon, 16 January 2024 – Vallourec, a world leader in premium tubular solutions, has signed a contract with TotalEnergies for the supply of casing and tubing and associated accessories for the first phase of the Gas Growth Integrated Project (GGIP) in Iraq. The GGIP includes the recovery of gas currently being flared in the Basra region to supply power plants, along with the construction of a seawater treatment unit and a 1GW solar power plant. This multi-energy approach will enable the country’s natural resources to be developed sustainably. Vallourec has been a supplier to TotalEnergies for many years, drawing on its long experience in Iraq to provide its long-standing partner with a competitive premium offering that covers all its OCTG needs. For the first thirty wells in the project, Vallourec will supply in aggregate 15,000 tonnes of VAM® of various tubes and connections, using the h
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