VALLOUREC SECURES A NEW ORDER WITH PETROBRAS FOR SUBMAGNÉTICO FREE FLOW®

Core Insights - Vallourec has secured a new order with Petrobras for its SUBMAGNÉTICO FREE FLOW technology, aimed at preventing inorganic scaling in production strings in Brazil's offshore pre-salt fields [1][2]. Group 1: Technology Overview - SUBMAGNÉTICO FREE FLOW is a breakthrough technology that utilizes a magnetic field to reduce inorganic scaling, leading to significant cost reductions through fewer well cleaning interventions and lower consumption of scale inhibitors [2]. - The technology has successfully passed various qualification tests, including vibration, shock, pressure, API, and ISO connection tests, co-developed with Petrobras [3]. Group 2: Market Implications - The new order indicates a growing adoption of SUBMAGNÉTICO FREE FLOW as a standard anti-scaling technology for offshore production, showcasing Vallourec's capability to develop tailored solutions for critical industry challenges [4]. Group 3: Company Profile - Vallourec is a leader in premium tubular solutions for energy markets and demanding industrial applications, employing nearly 13,000 people across more than 20 countries [4]. - The company is listed on Euronext in Paris and is part of several indices, including CAC Mid 60, SBF 120, and Next 150 [5].