ENXTPA:VKEnergy Services
Vallourec (ENXTPA:VK) Is Up 7.2% After Securing Tangguh CCS Pipe Contract With BP
Vallourec announced that it has secured a contract with BP Berau Ltd. to supply premium corrosion-resistant alloy pipes, VAM® connections, and lifecycle tubular services for the Tangguh offshore carbon capture and storage project in Papua Barat, Indonesia.
This win underlines Vallourec’s growing role as a technology partner for complex CCS developments, potentially deepening its exposure to energy transition infrastructure beyond traditional oil and gas applications.
We’ll now explore how...