July 21, 2024
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OIL & GAS RENEWABLE ENERGY

Equinor Enters a Five Year Deal With Vallourec For Projects Offshore Brazil

Equinor, a Norwegian energy firm, has signed a five-year deal with France’s Vallourec for the turnkey supply of premium tubes and services for a trio of projects offshore Brazil.

Vallourec announced the signing of the five-year contract in Brazil for the turnkey supply of tubes, connections, accessories and services to the Norwegian group Equinor, one of Brazil’s largest oil producers.

The company plans to use its premium facilities in Minas Gerais state and the company’s services centre in Rio de Janeiro state for manufacturing of the tubes

Vallourec’s high-performance, low-carbon footprint solutions will contribute to the development of the Bacalhau and Raia fields in Brazil’s pre-salt zone, as well as the Peregrino field in the post-salt zone.

The contract also includes innovative digital solutions and Vallourec’s full range of Tubular Management Services (TMS). First deliveries are scheduled for the second half of 2025.

Financial details of the deal were not disclosed.

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