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Petrobras Awards Vallourec $1B Multi-Year Contract for Offshore Growth
巴西石油巴西石油(US:PBR) ZACKS·2025-09-12 22:45

Key Takeaways Petrobras awards Vallourec a 1Bcontractforoffshorepipesupplyfrom2026to2029.Dealincludesseamlesspipes,premiumconnections,andengineeringsupportservices.Vallourec′slocalinvestmentstrengthensBrazil′soffshoresupplychainandenergygoals.Brazil’sstate−runoilgiantPetroˊleoBrasileiroS.A.−Petrobras (PBR)haschosenVallourecS.A. (VLOWY),theFrenchsteeltubesmanufacturer,foramulti−yearcontractworthupto1B contract for offshore pipe supply from 2026 to 2029.Deal includes seamless pipes, premium connections, and engineering support services.Vallourec's local investment strengthens Brazil's offshore supply chain and energy goals.Brazil’s state-run oil giant Petróleo Brasileiro S.A. - Petrobras (PBR) has chosen Vallourec S.A. (VLOWY) , the French steel tubes manufacturer, for a multi-year contract worth up to 1 billion, underscoring Petrobras’ commitment to world-c ...