Tillkännagivande • Apr 07
Vallourec S.A., Annual General Meeting, May 21, 2026 Vallourec S.A., Annual General Meeting, May 21, 2026. Location: espace verso, 52 rue de la victoire, paris France Tillkännagivande • Mar 17
Vallourec S.A. to Report Q1, 2026 Results on May 13, 2026 Vallourec S.A. announced that they will report Q1, 2026 results on May 13, 2026 Tillkännagivande • Mar 10
Vallourec Announces Advanced Tubular Solutions For California Carbon Capture And Storage Facility Vallourec announced its successful support of California Resources Corporation’s pioneering carbon capture and storage development with Carbon TerraVault I (CTV I) at the Elk Hills Field in Kern County, California. As a key technology partner, Vallourec provided the advanced tubular solutions required to ensure safe, long-term carbon dioxide (CO2) storage for this milestone project. This first-of-a-kind project is the state’s inaugural CCS facility to secure U.S. Environmental Protection Agency (EPA) Class VI permits for CO2 injection and storage in depleted oil and gas reservoirs, representing a significant milestone for the global CCS industry. First injection at CTV I is planned for spring 2026. At its maximum capacity, CTV I is expected to store up to 1.46 million metric tons (MT) of CO2 per year in the 26R reservoir, contributing 38 million MT of CO2 storage toward a total planned capacity of more than 350 million MT across the broader CTV portfolio. Vallourec’s advanced tubular technologies are central to the project’s well integrity and long-term storage performance. To support safe and reliable CO2 injection under demanding downhole conditions, Vallourec delivered premium VAM® 21 connections on corrosion-resistant alloy (CRA) pipe qualified for the project’s stringent technical requirements. CLEANWELL® dope-free technology was deployed for the first time in an onshore CCS project, enabling cleaner, more sustainable running operations. The scope of supply included multiple string sizes and a full range of accessories tailored to project needs, supported by on-site VAM® Field Service to ensure flawless running and long-term well integrity. Tillkännagivande • Feb 27
Vallourec Announces Board and Committee Changes The Board of Directors of Vallourec, meeting held on February 26, 2026, decided to co-opt, at the request of ArcelorMittal, Mr. David Clarke as a member of Vallourec Board of Directors, replacing Mr. Keith James Howell. Mr. David Clarke was also appointed as a member of the Nominations and Governance Committee. The ratification of Mr. Clarke’s appointment will be proposed at the Group’s next Shareholder’s meeting on 21 May 2026. Dr Clarke joined Mittal Steel in 2003 to support the integration and operational improvement activities in the group’s then new acquisitions in Eastern Europe. In 2006, he co-led the development of the Mittal Steel value plan, a key element of the successful bid to merge with Arcelor, and was appointed Vice President of Strategy in 2007. Since 2013, David has been Head of Strategy, in charge of the development of medium- to long-term industry outlook, coordinating the group’s annual strategy process, and leading projects of key strategic importance. Dr Clarke has served as chief technology officer of ArcelorMittal from 2016 to 2019 and as head of CCM (commercial coordination and marketing) from 2019 to 2021. He has also held positions at McKinsey & Company, London; at Princeton, Cambridge and Oxford Universities; and at AT&T Bell Laboratories, USA. Dr Clarke holds a PhD and MA in theoretical physics from Princeton University where he was a Fulbright Fellow and a Hackett Scholar, and a BSc (Hons) in mathematics and physics from the University of Western Australia. The Board of Directors of Vallourec is composed of nine Board Members, including 55% of women and 63% of independent Board Members. Tillkännagivande • Nov 14
Vallourec S.A. to Report Q4, 2025 Results on Feb 26, 2026 Vallourec S.A. announced that they will report Q4, 2025 results on Feb 26, 2026 Tillkännagivande • Nov 08
Sascha Bibert to Leave Vallourec as Chief Financial Officer in December Vallourec announced that its Chief Financial Officer, Sascha Bibert, has decided to leave the Group to pursue an opportunity in Germany. Sascha Bibert will leave the Group in December after a transition period with his successor. Mr. Bibert’s replacement, has already been identified and will join Vallourec’s Executive Committee upon taking up his position in early December. Tillkännagivande • Oct 21
Vallourec Showcases the Latest Innovations of its VAM®? Connection at ADIPEC 2025 Vallourec will participate in ADIPEC 2025, the energy industry event, taking place from 3 to 6 November 2025 in Abu Dhabi, United Arab Emirates. This year, Vallourec will highlight the latest innovations of its VAM®? connection, as well as its most recent technologies supporting the energy transition. A benchmark in the Oil & Gas sector, VAM®? has continued to set the standard for performance and reliability since the creation of the first premium connection on the market. Backed by cutting-edge R&D, and supported by a comprehensive worldwide service offer, Vallourec has constantly innovated to meet operators' evolving needs and support the energy transition. At Vallourec's booth 3115, hall 3, visitors will have the opportunity to discover these latest innovations, along with the full range of Vallourec Services, covering project engineering, field services, and tubular management solutions. Vallourec's unique underground hydrogen storage solution, Delphy, will also be presented. Tillkännagivande • Sep 16
Vallourec Announces Executive Changes Vallourec announced the appointment of Jerome Favre as Head of OCTG, Services and Accessories Business Line. He has joined the Executive Committee, effective 15 September 2025. Jerome Favre previously oversaw OCTG sales for the Eastern Hemisphere and is succeeding Laurent Dubedout. He will work closely with Laurent to perpetuate the Group's successful commercial strategy during the planned transition period. Jerome Favre is a highly regarded professional who has spent his entire career in the commercialization of technological products. Jerome Favre joined Vallourec in 2013 as Sales Manager for West Africa, where he significantly grew OCTG sales and rolled out Vallourec's service offerings. In 2016, he took over as Head of OCTG and Line Pipe Sales for North Africa and Europe, before becoming head of sales for Europe and Africa in this region. In 2020, he was appointed Vice President of Sales and Marketing for the Middle East, later expanding his scope to include Europe and Africa. In June 2025, he was promoted to Sales Director for the Eastern Hemisphere, one of Vallourec's three strategic regions. From 2008 to 2012, Favre led international business development and export sales at Duons Telecom, a telecommunications systems integrator. He began his career in 2001 at Sofrepost, first as Project Manager, then as Sales Director for logistics solutions in the Middle East. Aged 50, Jerome Favre is a graduate of Polytech Lyon and holds a Master's degree in Physics from The University Joseph Fourier (Grenoble I). Tillkännagivande • Jun 05
Vallourec Obtains the Qualification of Its Hydrogen Storage Solution and Launches Commercialization Vallourec announced the official qualification of Delphy, its vertical gaseous hydrogen storage solution, by DNV. A world first, Delphy enables the storage of 1 to 100 tons of hydrogen under maximum safety conditions. Due to its minimal footprint, this vertical system - extending up to 100 meters underground - meets the challenge of complex and demanding industrial environments. It targets both green hydrogen producers and industrial players such as synthetic fuel producers (e-SAF, e-methanol), green ammonia producers, steelmakers, and refineries. The Delphy solution is the result of Vallourec's longstanding expertise and know-how and is based on proven technologies - tubes and connections - that have demonstrated excellent tightness and corrosion resistance. Launched in 2022, the project has involved around thirty researchers and experts, particularly in the areas of high-precision threading, heat treatment, and non-destructive testing. Since the inauguration of its demonstration in December 2023, Vallourec has followed a rigorous process of development, testing, and validation of its hydrogen storage technology, culminating in the qualification of Delphy. This qualification by recognized experts guarantees the solution's safety and reliability and marks a key milestone towards its commercialization. Vallourec has already signed two Memorandums of Understanding (MoUs): one with H2V, for green hydrogen production and utilization projects, and one with NextChem Tech, for green hydrogen and green ammonia projects. Around fifty projects - in France and internationally - are currently under discussion, representing potential revenue of approximately EUR2 billion. This qualification comes at a time when demand for storage infrastructure is expected to grow, to adapt to the intermittent and flexible nature of green hydrogen production. Demand for the Delphy storage solution will be commenced by European regulations, which require storage solutions to pair with renewable electricity production, and by the French hydrogen strategy, which encourages green hydrogen producers to operate flexibly to contribute to power grid stability. Tillkännagivande • May 23
Vallourec S.A. Approves Dividend in Respect of 2024, Payable on May 28, 2025 Vallourec S.A. at the Combined General Meeting of Shareholders held on 22 May 2025 approved the first dividend in a decade. The payment of a dividend of €1.50 per share in respect of 2024. The ex-dividend date will be May 26, 2025 and the dividend will be paid on May 28, 2025. Tillkännagivande • May 16
Aldebaran Capital Partners agreed to acquire Serimax SAS from Vallourec S.A. (ENXTPA:VK) and TechnipFMC plc (NYSE:FTI) for an enterprise value of €79 million. Aldebaran Capital Partners agreed to acquire Serimax SAS from Vallourec S.A. (ENXTPA:VK) and TechnipFMC plc (NYSE:FTI) for an enterprise value of €79 million on May 15, 2025. Aldebaran Capital Partners will pay an earnout/contingent payment cash. As part of consideration, an undisclosed value is paid towards common equity of Serimax SAS. Under the terms, Aldebaran Capital Partners is paying Serimax, Vallourec’s subsidiary specializing in mechanized welding solutions, for an enterprise value of €79 million, of which €7 million will be paid via an earn-out. Serimax reached €105 million last year.
Natixis Partners, the sale process has seen the asset management company dedicated to "special situations" emerge. Tillkännagivande • Apr 08
Vallourec S.A., Annual General Meeting, May 22, 2025 Vallourec S.A., Annual General Meeting, May 22, 2025. Location: espace verso, 52 rue de la victoire, paris France Tillkännagivande • Mar 01
Vallourec S.A. to Propose Dividend At 2025 AGM Vallourec S.A. proposed €1.50 per share dividend to be proposed at the 2025 AGM. Tillkännagivande • Aug 07
ArcelorMittal S.A. (ENXTAM:MT) completed the acquisition of 28.4% stake in Vallourec S.A. (ENXTPA:VK) from funds managed by Apollo Global Management, Inc. (NYSE:APO). ArcelorMittal S.A. (ENXTAM:MT) had signed a Share Purchase Agreement to acquire 28.4% stake in Vallourec S.A. (ENXTPA:VK) from funds managed by Apollo Global Management, Inc. (NYSE:APO) for approximately €1 billion on March 12, 2024. ArcelorMittal will hold 28.4% of the voting rights and 27.5% of the share capital of the Company following the closing of the transaction. Upon close, this transaction will mark the Apollo Funds’ exit of the investment. ArcelorMittal does not intend to launch a tender offer for Vallourec’s remaining shares over the next six months. The completion of the acquisition is expected to close in the second half of the year, after obtaining the relevant regulatory approvals. As of August 2, 2024, the trasnaction is expected to complete in the third quarter of 2024.
Anna Howell, Patrick Ledoux, Bertrand Delaunay, Benoit Fleury, Clarisse Bouchetemble, Attila Borsos and Stephenie Gosnell of Gibson, Dunn & Crutcher LLP acted as legal advisor to ArcelorMittal. Societe Generale Luxembourg S.A. acted as financial advisor to ArcelorMittal S.A.
ArcelorMittal S.A. (ENXTAM:MT) completed the acquisition of 28.4% stake in Vallourec S.A. (ENXTPA:VK) from funds managed by Apollo Global Management, Inc. (NYSE:APO) on August 6, 2024. After the approval of relevant antitrust authorities and clearances under foreign investment regulations, ArcelorMittal has completed the acquisition of 65,243,206 shares. Tillkännagivande • Jul 26
Vallourec S.A. Provides Production Guidance for the Third Quarter and Full Year of 2024 Vallourec S.A. provided production guidance for the third quarter and full year of 2024. In the third quarter of 2024, based on assumptions and current market conditions, company expects Iron ore production sold to increase sequentially.
For the full year 2024, company expects iron ore production sold to be approximately 6 million tonnes. Tillkännagivande • Jul 03
Vallourec Receives Necessary Approvals to Commence Its Phase 1 Mine Extension Project in Brazil Vallourec announced that it has received the necessary approvals from the state environmental authority (COPAM) and federal mining regulator (ANM) to progress the first extension phase of its Pau Branco iron ore mine. The mine, located in the state of Minas Gerais, Brazil, provides raw materials for Vallourec’s vertically-integrated tube production process and diversifies the Group’s earnings streams via external iron ore sales. The Phase 1 project will extend the Pau Branco mine’s life, improve its reserve quality, and enhance its profitability. After this successful approval process, the capital investment related to the Phase 1 extension activities will begin on schedule. Vallourec therefore reiterates its expectations of a successful start-up of the Phase 1 extension in late 2024. In-line with prior communication, Vallourec expects the Phase 2 mine extension to be completed in 2027. Vallourec management is currently engaging with state and national authorities to obtain the required production and environmental permits for Phase 2. Throughout its daily operations and the progression of these new projects, Vallourec prioritizes safety and environmental responsibility above all. Tillkännagivande • Jun 05
Vallourec Appoints Andre Lacerda as Senior Vice President South America for the Tubes Segment Vallourec announced the appointment of Andre Lacerda as Senior Vice President South America for the Tubes segment. In this capacity, he joins the Group's Executive Committee and will report to Bertrand Frischmann, Chief Operating Officer of the Americas. Andre Lacerda has extensive international experience with several world leaders in industrial and technical solutions for the energy sector, such as Weir, Aliaxis, and Vesuvius. He has over 30 years of managing intercultural teams, and has also worked in the industrial sector in Europe, South America, and China. Andre Lacerda holds a degree in Metallurgical Engineering from UFMG in Brazil and a Master's in Energy Market Management from ESCP in France. He has developed strong expertise in creating and executing rapid growth and transformation plans for leading companies. He is also well-acquainted with Vallourec and its markets, having held various positions within the company between 2000 and 2008. Tillkännagivande • May 18
Vallourec S.A. to Report Q3, 2024 Results on Nov 15, 2024 Vallourec S.A. announced that they will report Q3, 2024 results on Nov 15, 2024 Tillkännagivande • Mar 01
Vallourec S.A. to Report Q2, 2024 Results on Jul 16, 2024 Vallourec S.A. announced that they will report Q2, 2024 results on Jul 16, 2024 Tillkännagivande • Feb 08
Vallourec S.A. Announces Executive Changes Vallourec announced the appointment of Damien Rebourg as Communication and Public Affairs Senior Vice President. He joins as such the Executive Committee. Damien Rebourg succeeds Valérie La Gamba on the communication scope of the function. Tillkännagivande • Nov 14
Vallourec Appoints Luciano Siani as a Member of Board of Directors, Member of the Audit Committee and of the Corporate Social Responsibility Committee Vallourec announced that in its November 12th session the Group Board of Directors decided to co-opt Mr. Luciano Siani as a member of Vallourec Board of Directors. The ratification of Mr. Luciano Siani’s appointment will be proposed to the Group’s next Shareholder’s meeting on 23 May 2024. Mr. Siani has held key leadership positions within Vale Group for almost 15 years, most of them as a Senior member of Vale Executive Committee. He has been Group Financial Officer and most recently Executive Vice President Strategy and Business transformation till January 2023. Prior to Vale, Mr. Siani has worked 14 years for the Brazilian Development Bank (BNDES) in various senior roles related to export finance, capital markets and infrastructure assets. He has represented the Bank on the Boards of several large Brazilian companies. Earlier, he also worked as a Consultant at McKinsey & Company. The Board of Directors considered that Mr. Luciano Siani qualifies as an independent member under the criteria set forth by the AFEP MEDEF corporate governance code. Mr. Siani is also appointed as member of the Audit Committee and of the Corporate Social Responsibility (CSR) Committee. The Board of Directors of Vallourec is composed of eight Board Members, including 42% of women and 71% of independent Board Members. Tillkännagivande • Oct 24
Vallourec S.A. (ENXTPA:VK) agreed to acquire an unknown stake in 837-MWp Futura I Solar Complex from Eneva S.A. (BOVESPA:ENEV3). Vallourec S.A. (ENXTPA:VK) agreed to acquire an unknown stake in 837-MWp Futura I Solar Complex from Eneva S.A. (BOVESPA:ENEV3) on October 21, 2023. Tillkännagivande • Sep 06
Vallourec S.A. Announces Executive Changes Vallourec S.A. announced the following changes within its Executive Committee as of 5 September 2023: Bertrand Frischmann, previously Senior Vice President of the North America region, has been appointed Chief Operating Officer (COO) of the Americas, covering both North and South America. Bertrand Frischmannis also appointed Acting Senior Vice President of the South America region, replacing Pierre d’Archemont. Jacky Massaglia, previously Senior Vice President, Business Line Project Line Pipe and Process, has been appointed Senior Vice President of North America, replacing Bertrand Frischmann, and will report to him in his role as COO of the Americas. Bertrand de Rotalier, formerly OCTG Sales Director for Europe and Africa, is appointed Senior Vice President Business Line Project Line Pipe and Process, replacing Jacky Massaglia. Bertrand de Rotalier joins the Executive Committee. Tillkännagivande • Jul 29
Vallourec S.A. Provides Production Guidance for the Second Half or 2023 Vallourec S.A. provided production guidance for the second half or 2023. Second half iron ore production sold is expected to be approximately 3.6 million tonnes. Tillkännagivande • May 17
Vallourec S.A. to Report Q2, 2023 Results on Jul 28, 2023 Vallourec S.A. announced that they will report Q2, 2023 results on Jul 28, 2023