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Shawcor awarded contract for LotusFlo coating on Buzios oilfield tubulars · Endata

◂ Announcements

Mining Equipmentworld trade 2024+3.1% 5Y CAGR

Feb 18, 2022CONTRACTBuzios oilfields, offshore Brazil, Brazil

Shawcor awarded contract for LotusFlo coating on Buzios oilfield tubulars

Shawcor's pipe coating division has been awarded a three-year contract with Vallourec S.A. to apply LotusFlo technology to offshore downhole production tubulars for the Buzios oilfields in Brazil, operated by Petrobras. The work is valued at C$18M-C$25M.

Value

$18.0M (23.0M CAD)

Status

Announced

ProductsLotusFlo diamond-like carbon coatingoffshore downhole production tubulars

CompaniesShawcor Vallourec customer Petrobras customer

Sectors#Mining Equipment

“Shawcor today announced that its pipe coating division has been awarded a three year contract with Vallourec S.A. to apply the unique LotusFlo technology to offshore downhole production tubulars designed for the Buzios oilfields.”investors.mattr.com

1 source
investors.mattr.comMattr - Shawcor Receives Contract for Application of Unique LotusFlo® Scale, Asphaltene and Wax Reduction TechnologyFeb 18, 2022

Summarized from public sources; check the original articles before acting on it.

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