VALLOUREC WINS A MAJOR DEEP WATER INTEGRATED CONTRACT WITH TECHNIPFMC IN BRAZIL

Core Insights - Vallourec has secured a significant contract with TechnipFMC for the Orca project in Brazil, involving over 20,000 tons of subsea seamless premium carbon-steel line pipes [1][2] Company Overview - 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 [3] - The company focuses on innovative and safe tubular solutions, emphasizing its commitment to R&D and technological advancements [3] Contract Details - The contract includes the supply of line pipes for risers and flowlines, along with anti-corrosive and thermal insulated coating services, marking a first since Vallourec's acquisition of Thermotite do Brasil [2] - This integrated offering enhances Vallourec's local production capabilities and strengthens its strategic presence in Brazil [2] Market Position - Vallourec is listed on Euronext in Paris and is part of several indices, including CAC Mid 60 and SBF 120, indicating its established market presence [4]