BOULOGNE-BILLANCOURT, France –Vallourec, a global provider of tubular solutions, has signed two new service contracts with Petrobras. In the context of these five-year contracts, Vallourec will support Petrobras with a range of services in terms of logistics and ultra-deep offshore applications.
These two service contracts complement an existing package of tubular products that Vallourec is providing to Petrobras as part of a five-year frame agreement renewed late 2012. Vallourec will provide these services through a dedicated subsidiary, Vallourec Transport and Services, based in Rio das Ostras (state of Rio de Janeiro) on the Atlantic coast, close to Petrobras' unit in Macaé, facing the Campos, Santos, and Espirito Santo basins.
The services that Vallourec will provide and execute cover pipe inspection and repair, field services, rig preparation, well coordination, logistics to every port from which Petrobras supplies its offshore drilling rigs, pipe traceability management using RFID technology, desk logistics, resident engineers, and rental of special accessories. This represents a much enlarged scope of services compared to previous contracts, which were limited to inspection and repair of casing materials.