ENXTPA:VKEnergy Services
Is Vallourec (ENXTPA:VK) Quietly Rewiring Its Energy Moat With This Indian VAM Deal?
Earlier this month, Vallourec announced a Memorandum of Understanding with Ultra Corpotech Pvt Ltd to establish certified local VAM threading and a streamlined tubular supply chain in India, with implementation targeted for late 2026 and commissioning in early 2027.
The partnership underscores a wider restructuring of the Oil & Gas supply chain toward the Eastern Hemisphere, as manufacturers rebalance production to industrial hubs like the Mumbai region to gain efficiency and proximity to...