Core Insights - OMS Energy Technologies Inc. has achieved API Spec 11D1 certification for its subsidiary OMS Indonesia, enhancing its product offerings in the oil and gas sector [1][4] - The certification allows OMS to manufacture and integrate certified mechanical and hydraulic packers, expanding its portfolio alongside existing API-6A-certified products [2][4] - OMS has initiated a project with a leading Indonesian energy operator to integrate its certified packers, currently in the qualification stage [3] Company Overview - OMS Energy Technologies Inc. is a growth-oriented manufacturer specializing in surface wellhead systems and oil country tubular goods for the oil and gas industry [5] - The company operates 11 strategically located manufacturing facilities across the Asia Pacific, Middle Eastern, and North African regions, ensuring rapid response and customized solutions [5] - OMS also provides premium threading services to enhance operational efficiency for its clients [5]

Core Insights - The global energy market is transforming with renewable energy becoming standard while conventional fossil fuels grow due to innovations in exploration and production technologies, particularly AI and robotics [1] Industry Overview - The oilfield engineering services sector, especially pipeline inspection and maintenance, is trending towards digitalization and AI, addressing challenges posed by harsh geographical environments and traditional monitoring methods [4] - The global oil and gas pipeline maintenance market is projected to grow from USD 102.9 billion in 2025 to USD 150 billion by 2035, with a CAGR of approximately 3.85% [6] - The pipeline monitoring system market is expected to increase from USD 18.45 billion in 2024 to USD 32.65 billion by 2032, with a CAGR of 7.40% [6] Company Developments - OMS Energy Technologies Inc. is seeking AI and robotics partners globally to enhance pipeline monitoring solutions, aiming for efficiency and environmental safety [5] - OMS Energy is exploring urban pipeline inspection and maintenance markets, projected to exceed USD 50 billion globally, with China alone expected to reach USD 10 billion by 2030 [7] - OMS Energy has established a strong presence in the Middle East and Asia-Pacific, serving major clients like Saudi Aramco and expanding into West Africa [8][9] Recent Projects - OMS Energy has successfully supplied and installed an intelligent wellhead system for MOL Pakistan, integrating real-time monitoring and automation technologies [10][11] - The company is positioned to benefit from increasing oil and gas field projects in the Asia-Pacific region as countries pursue energy independence [12] Market Opportunities - The demand for new technologies in aging oilfields is growing, presenting significant opportunities for oil and gas engineering services as global production declines at an average rate of 9% [14] - The oilfield services market is conservatively estimated to be worth USD 100 billion annually, with AI technology applicable across various operations [15] Financial Insights - OMS Energy trades at a forward P/E ratio of less than 5x, significantly undervalued compared to the Bloomberg average P/E ratio of 15x for global oilfield services companies, indicating over 100% upside potential from its current price [17]

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].

Core Viewpoint - Vallourec has secured two contracts to supply Oil Country Tubular Goods (OCTG) to CNOOC and PetroChina in Iraq, with potential revenue exceeding $130 million [1][2]. Group 1: Contracts and Deliveries - The contracts involve the supply of carbon steel and Super-13Cr steel OCTG products featuring VAM premium connections, with deliveries planned throughout 2025 and 2026 [2]. - These contracts are aimed at supporting the increasing drilling activities in Iraq, reflecting Vallourec's capability to meet the specific technical requirements of both operators [2]. Group 2: Market Context - Iraq is home to some of the largest oil reserves globally, with super-giant oil fields being developed by international oil and gas companies, leading to a rising demand for premium OCTG materials [3]. - The Iraqi Ministry of Oil has announced plans to increase the country's oil production capacity from 4.1 million barrels per day (bpd) in 2025 to 6 million bpd by 2029, indicating a growing market for Vallourec's products [4]. Group 3: Company Competitiveness - Vallourec's ability to supply significant quantities of premium materials in a short timeframe has been recognized by CNOOC and PetroChina, highlighting the company's competitiveness in the market [4]. - The VAM connections provided by Vallourec are increasingly praised for their robustness and ease of use, establishing them as a standard choice for operations in Iraq and the Middle East [4].

Core Insights - Vallourec has secured a significant order from Abu Dhabi National Oil Company (ADNOC) for over 30,000 tons of carbon steel tubulars and accessories featuring VAM premium connections as part of a Long-Term Agreement (LTA) [1][3] Group 1: Order Details - The order includes an integrated suite of services such as VAM Field Service and digital solutions aimed at optimizing installation and maintenance practices for ADNOC [2] - Production for this order will take place at Vallourec's industrial sites in Brazil, China, and Indonesia [3] Group 2: Strategic Alignment - This order supports ADNOC's goal of achieving a production target of 5 million barrels per day by 2027 [3] - Vallourec's commitment to providing premium products and services is highlighted by its operational excellence in the Middle East [4] Group 3: Company Overview - Vallourec is a leader in premium seamless 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 and SBF 120 [5]

Core Points - Vallourec has secured a major contract with Kuwait Oil Company (KOC) for the supply of Oil Country Tubular Goods (OCTG), representing over $130 million in potential revenue [2][4] - The contract includes the delivery of carbon steel OCTG products with premium connections and proprietary steel grades, scheduled for delivery in 2025 and 2026 [3] - Vallourec has a historical presence in Kuwait and has been a reliable supplier to KOC, supporting the company's plans to increase oil production to 4 million barrels per day by 2035 [4][5] Company Overview - Vallourec is a world leader in premium seamless tubular solutions for energy markets and demanding industrial applications, employing nearly 13,000 employees across more than 20 countries [5] - The company focuses on innovative, safe, competitive, and smart tubular solutions, catering to various sectors including oil & gas, power plants, and architectural projects [5] - Vallourec is listed on Euronext in Paris and is part of several indices, including CAC Mid 60 and SBF 120 [6]