Oil & Gas Middle East
Vallourec is a provider of tubular solutions for the oil and gas markets and has been a key player in the Middle East for more than 40 years with its business activities including various process pipes for both onshore and offshore applications.
In September 2022, Vallourec signed a 10-year agreement with Saudi Aramco, which will cover part of the Saudi oil giant’s needs for premium Oil Country Tubular Goods solutions for its drilling operations, supply of casing, and inventory management services. According to Vallourec, the agreement represents a key achievement for the company in Saudi Arabia and paves the way for a joint roadmap focused on innovation, services, and energy transition.
“This first long-term agreement is a strong recognition by Saudi Aramco that Vallourec is a long-term strategic partner for the years to come...paving the way for extended collaboration to introduce our wide range of innovative solutions” Philippe Guillemot, chairman of the board of directors and CEO of Vallourec, said at the time of the announcement.