Its role Technology / equipment supplier
Vallourec S. A. is a France-based global manufacturer specializing in seamless steel tubes and tubular solutions for energy and industrial markets. The company designs and produces critical piping for demanding operating conditions worldwide.
Its product portfolio covers OCTG (casing and tubing), line pipe, and mechanical and structural tubes, engineered for high-pressure, high-temperature, and corrosive environments. Vallourec serves upstream oil and gas, refineries, petrochemical and chemical processing, and power generation, as well as emerging applications such as hydrogen, CO2 transport and storage (CCUS), and geothermal. Capabilities include alloy and corrosion‑resistant grades, heat treatment, inspection, and proprietary threaded connections to support reliable installation and operation.
Also known as Vallourec Group.
chemXplore tracks 1 project involving Vallourec, of which one is active.
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Portfolio concentrated into fewer countries, expected ~USD 20bn free cash flow 2026–2030; US, Brazil and Angola to drive growth; higher margins from high-grading and stepped-up exploration.
Revenue $2.76bn; net income $363m; Subsea inbound $2.5bn; cash from operations $548m and free cash flow $488m; $440m returned to shareholders.
Double-digit underlying production growth, new JV and project FIDs, entry into critical minerals, and a larger share buyback with slightly higher 2026 production guidance.
Acquire Duisburg steelworks, convert site to electric-arc furnace, cut workforce from ~3,000 to ~1,000 and aim for ~90% CO2 reduction.
40-month T&I package for an ultra-deepwater field: ~180 km rigid pipelines, 38 km flexible flowlines, 54 km umbilicals; fabrication at Ambriz yard; water depth up to 2,000 m.
Final Investment Decision for Greater PAJ, Angola’s first integrated cross‑block offshore development; FPSO 95,000 b/d, gas export 70 mscfd, first oil H1 2029.
Agreement reached for share transfer; slab supply to thyssenkrupp Steel secured until 2028. Approval from governing bodies and Vallourec S.A. required.
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