Vallourec, a world leader in premium seamless tubular solutions, has secured a major contract to supply Oil Country Tubular Goods (OCTG) for the drilling operations of Kuwait Oil Company (KOC).
The contract represents more than $130 million in potential revenue.
Under the agreement, Vallourec will supply carbon steel OCTG products with premium connections and proprietary steel grades, with deliveries scheduled for 2025 and 2026.
The company has been selected to supply the most technically advanced components of the tender, including high-torque flush premium connections.
Vallourec has a long-standing presence in Kuwait and has consistently served as a reliable supplier to KOC, developing specialized products for both offshore and onshore projects.
This latest contract aligns with Kuwait’s plan to increase its oil production to 4 million barrels per day by 2035 and follows KOC’s issuance of a tender for deep drilling applications in September 2024.
Philippe Guillemot, Vallourec Group Chairman and CEO, commented:
“Vallourec is a strong partner of KOC, and this new order demonstrates our competitiveness and ability to reliably manufacture and deliver significant quantities of premium tubes and connections. We are eager to support KOC’s upcoming needs and challenging new projects with our most technically advanced products.”
Vallourec is a global leader in premium seamless tubular solutions for the energy markets and demanding industrial applications, including oil and gas wells in harsh environments, new-generation power plants, complex architectural projects, and high-performance mechanical equipment.
With nearly 13,000 employees across more than 20 countries, Vallourec focuses on delivering innovative, safe, and smart tubular solutions to meet the evolving needs of its customers.
