Vallourec Secures Major Contract from TotalEnergies for Absheron Gas Field Development

Vallourec has been awarded a significant contract by TotalEnergies to supply over 16,000 tons of tubular solutions for the development of the Absheron gas field in Azerbaijan. The agreement involves Vallourec providing Oil Country Tubular Goods (OCTG) that are essential components used in oil and gas drilling operations. This contract highlights Vallourec's role as a key supplier to major energy companies, particularly during periods of increased demand for natural gas infrastructure. TotalEnergies' investment in the Absheron field reflects broader industry efforts to expand production capacity amid global energy transition goals.

By Meghavi Singh, SA News Editor · Seeking Alpha ·

Vallourec Secures Major Contract from TotalEnergies for Absheron Gas Field Development

Tickers: $TTE

Topics: energy oil_and_gas_infrastructure

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