ADNOC extends Vallourec’s $900M O&G tubing contract to 2027

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Click on the top to follow us (WO) – Vallourec has signed a two-year extension to a 2019 contract with Abu Dhabi National Oil Company (ADNOC) originally worth $900 million. This extension will take effect in January 2025 and will last up to January 2027. Vallourec will continue to supply the complete range of tubes and connections for both conventional and complex applications on onshore and offshore oil and gas fields. In addition to the extension, the contract has been amended to expand the initial contract scope of supply to also include a new range of services, such as local pipe coating as well as Vallourec’s new digital solutions like Tallyvision, which streamlines installation operations by providing full traceability for each tube.  ADNOC will also continue to benefit from Vallourec’s state-of-the-art yard (operational storage area), equipped with a 100% digital management system. Under this extension, Vallourec has also secured a new major order for the supply of 27,000 ………………………………