Key Takeaways Petrobras awards Vallourec a $1B 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 ...