{"id":1053,"date":"2023-01-25T15:36:00","date_gmt":"2023-01-25T15:36:00","guid":{"rendered":"http:\/\/brazil.vallourec.com\/news\/vallourec-secures-major-long-term-agreement-with-petrobras-to-supply-octg-solutions\/"},"modified":"2023-01-25T15:36:00","modified_gmt":"2023-01-25T15:36:00","slug":"vallourec-secures-major-long-term-agreement-with-petrobras-to-supply-octg-solutions","status":"publish","type":"news","link":"https:\/\/brazil.vallourec.com\/en\/news\/vallourec-secures-major-long-term-agreement-with-petrobras-to-supply-octg-solutions\/","title":{"rendered":"Vallourec secures major long-term agreement with Petrobras to supply OCTG solutions"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1053\" class=\"elementor elementor-1053 elementor-1056\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0ab3761 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"0ab3761\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bae9551\" data-id=\"bae9551\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ba519e1 elementor-widget elementor-widget-spacer\" data-id=\"ba519e1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce0ab86 elementor-widget elementor-widget-text-editor\" data-id=\"ce0ab86\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Vallourec has signed a long-term agreement with Petrobras for OCTG (Oil Country Tubular Goods) solutions. The three-year agreement covers the supply of OCTG Premium products, associated accessories, and specialized physical and digital services, representing a volume of supply above 110kt of products and accessories.<\/strong>\n<br>\n<br>\nThese products, associated accessories, and physical and digital services will support Petrobras in its offshore Oil &amp; Gas exploration and production wells in the key Brazilian pre-salt oil region, an offshore reserve located below some 4,000 meters of salt and post-salt sediments. The pre-salt area production is expected to represent over 70% of Petrobras\u2019 total production between 2023 and 2027.\n<br>\n<br>\nThis latest contract with Petrobras represents an increased scope for Vallourec, including for the first time, the supply of seamless 16\u201d to 18\u201d large diameter pipes manufactured in Brazil using state-of-the-art technology at its Jeceaba (Minas Gerais) mill and which will support Petrobras to maximize its production. Petrobras will also leverage Vallourec\u2019s digital solutions, including full pipe traceability, Smartengo Running Expert to circular economy solution for reuse of protectors, slings, and other components.\n<br>\n<br>\nPhilippe Guillemot, Chairman and Chief Executive Officer of Vallourec, commented: \u201c<em>I am delighted by this new agreement, which further cements the long-standing relationship between Vallourec and Petrobras. This latest contract further demonstrates Vallourec\u2019s ability to deliver solutions to the industry that are both technology and efficiency enablers to key players in the industry. I am grateful to Petrobras for once again placing its confidence in Vallourec for the exploitation of this key exploration area<\/em>\u201d.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5de4254 elementor-widget elementor-widget-spacer\" data-id=\"5de4254\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Vallourec has signed a long-term agreement with Petrobras for OCTG (Oil Country Tubular Goods) solutions. <\/p>\n","protected":false},"author":0,"featured_media":1054,"template":"","meta":{"_acf_changed":false},"categories":[68],"tags":[],"class_list":["post-1053","news","type-news","status-publish","has-post-thumbnail","hentry","category-group-en"],"acf":[],"yoast_head":"<title>Vallourec secures major long-term agreement with Petrobras to supply OCTG solutions - 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