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Tag: vallourec
ADNOC Awards $900 Million Supply Contract To Vallourec
2019-09-10 15:31:17| OGI
Vallourec has been awarded a contract by Abu Dhabi National Oil Co. (ADNOC) on Sept. 9 for the supply of tubing and casing, over a five year period, with a possible two-year extension, for an amount of $900 million.
Tags: million
supply
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Vallourec closes majority stake acquisition in Anhui Tianda Oil Pipe Company
2016-11-16 01:00:00| Hydrocarbons Technology
Vallourec has completed its acquisition-of-majority stake (50.61%) in China-based Anhui Tianda Oil Pipe Company.
Tags: company
oil
majority
acquisition
Vallourec to Raise $1.1 Billion With Nippon Steel's Help
2016-02-01 08:01:05| Steel - Topix.net
Vallourec SA, the French maker of steel tubes for the oil and gas industry, plans to raise 1 billion euros partly by selling new shares to fund its restructuring in Europe and Brazil as the slump in oil prices has prompted oil companies to cut investment. The group intends to raise new capital through a combination of a rights issue of about 510 million euros, with the balance coming from a so-called mandatory convertible bond reserved to French state-owned fund Bpifrance and Japanese steelmaker Nippon Steel & Sumitomo Metal Corp., the company based near Paris said Monday in a statement.
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VALLOUREC : Press Release
2015-01-30 07:16:52| Steel - Topix.net
Press Release January 2015 www.vallourec.com Boulogne-Billancourt , 29 January 2015 - Over the past few months, certain of Vallourec's end-markets have been affected by challenging conditions; in particular, oil markets have experienced substantial levels of turmoil, a situation that has led Oil & Gas companies to announce reductions in capital expenditure for Exploration & Production. As a consequence, Vallourec has reassessed the carrying value of its global asset base, as part of its annual impairment review.
Vallourec to supply premium pipes for Totals offshore project
2014-03-10 01:00:00| Offshore Technology
Total has awarded a contract worth $100m to tubular solutions provider Vallourec for the supply of premium pipes with VAM 21 connections for the offshore ML-South project.
Tags: project
premium
supply
offshore