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French manufacturing giant Vallourec has secured the entire carbon-steel line pipe and external coating scope for Petrobras's Sepia 2 offshore development, covering roughly 130 kilometers of subsea infrastructure.
The contract strengthens its position in Brazil's technically demanding pre-salt market and gives investors another reason to believe the group's offshore order book still has room to grow.
Vallourec shares rose around 6% after the premium pipe manufacturer announced a major contract with Subsea7 for the Sepia 2 project in Brazil's Santos Basin.
The agreement covers roughly 130 kilometers of rigid risers and flowlines, representing more than 15,000 tonnes of carbon-steel seamless line pipe designed for highly corrosive environments.
#pipe #vallourec #roughly
French manufacturing giant Vallourec has secured the entire carbon-steel line pipe and external coating scope for Petrobras's Sepia 2 offshore development, covering roughly 130 kilometers of subsea infrastructure.
The contract strengthens its position in Brazil's technically demanding pre-salt market and gives investors another reason to believe the group's offshore order book still has room to grow.
Vallourec shares rose around 6% after the premium pipe manufacturer announced a major contract with Subsea7 for the Sepia 2 project in Brazil's Santos Basin.
The agreement covers roughly 130 kilometers of rigid risers and flowlines, representing more than 15,000 tonnes of carbon-steel seamless line pipe designed for highly corrosive environments.
#pipe #vallourec #roughly
4 hours ago
