Vallourec wins another major order from ExxonMobil Guyana [Yahoo! Finance]
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Source: Yahoo! Finance
framework of the Long-Term Agreement (LTA) signed in 2021 with ExxonMobil Guyana. Under the contract, Vallourec will deliver line pipe for ExxonMobil Guyana's deep-water Whiptail project. The Whiptail project is located in the Stabroek Block, a 26,800 km strategic basin located off Guyana's continental shelf, where several important discoveries have been made since 2015. The Group will deliver over 180km of line pipe, including X80 grade (following the lots previously booked for the Uaru order). X80 is a differentiated solution developed and qualified by Vallourec's R&D teams. The X80 grade combines high strength with resistance to service conditions, making it a valuable contributor to future deeper-water developments. Following the Yellowtail, Gas-to-Energy and Uaru orders, signed under the same LTA, the Whiptail order further strengthens Vallourec's strategic supplier relationship with ExxonMobil Guyana. With the Whiptail order, Vallourec has now secured orders for approximat
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