ENXTPA:VKEnergy Services
Why Vallourec Stock Is Up 6.4% And What's Next After Sepia 2 Contract Win
Vallourec recently announced a major contract from Subsea7 to supply around 130 kilometers of sour service carbon steel line pipe and thermal insulation coating for Petrobras’ Sepia 2 ultra deepwater project in Brazil, with manufacturing and coating concentrated at its Jeceaba and Serra facilities.
The award gives Vallourec the entire carbon steel line pipe and external coating scope through a single integrated offer. This underscores how its Brazilian industrial base and insulation...