Vallourec wins up to $1bn Petrobras offshore OCTG supply contract

Vallourec was awarded a long-term Petrobras contract to supply seamless OCTG pipes and VAM premium connections plus services for offshore wells in Brazil from 2026 to 2029, worth up to USD 1 billion.

“This long-term agreement could generate total revenue of up to USD 1 billion, representing the widest award both in volumes and revenues since Petrobras adopted the open tender strategy.”globenewswire.com

• 1 source
• globenewswire.comPETROBRAS CHOOSES VALLOUREC TO SUPPORT $1BN OFFSHORE OCTGSep 11, 2025

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