Petrobras has renewed a long-term main frame agreement with French tube specialist Vallourec for the provision of pipe products for the Brazilian oil giant’s offshore exploration and production wells.
Vallourec announced on Wednesday that its subsidiary V&M do Brasil signed a five-year contract to supply seamless pipes, steel grades and connections to Petrobras for its operations mainly in Brazil’s pre-salt fields, according to a report by upstreamonline.com.
According to Vallourec, the pair’s long-term collaboration dates back 60 years.
Vallourec chairman, Philippe Crouzet, said the company was honoured to support Petrobras in tackling “the unequalled challenges of the pre-salt exploitation”.
In anticipation of the huge technical challenges facing pre-salt exploration and production, the company is also planning to open a new research and development centre this year in Rio de Janeiro, next to Petrobras’ research centre CENPES.
