ENXTPA:VKEnergy Services
Did Vallourec’s (ENXTPA:VK) Exclusive US$800m Fervo Deal Just Redefine Its Geothermal Ambitions?
Vallourec and Fervo Energy announced in early April 2026 a five-year exclusive supply agreement worth up to US$800 million, making Vallourec the sole U.S. supplier of domestically manufactured tubular solutions and VAM connections for Fervo’s next-generation geothermal wells.
This partnership deepens Vallourec’s role in geothermal infrastructure, pairing its premium high-temperature tubular technology with a fully U.S.-based supply chain as investment in next-generation geothermal has...