Vallourec has confirmed the signing of an agreement with Saudi Aramco for the supply of oil country tubular goods (OCTG), confirming media reports previously cited by MESTEEL.
Aramco’s original announcement on August 26 did not identify the company involved in the OCTG agreement, although media reports identified Vallourec as the supplier. Vallourec confirmed the agreement in a statement on September 9, saying it will further strengthen the companies’ commercial, industrial and technological ties.
Vallourec and Aramco have maintained a business relationship since 1962. Vallourec established its Saudi subsidiary and industrial facility in Dammam in 2011, enabling local heat treatment and threading of premium VAM connections. In 2022, the company signed a long-term agreement with Aramco for locally manufactured premium OCTG pipes.
Vallourec said it continues to invest in Saudi Arabia through R&D projects and initiatives to expand production capabilities and locally manufacture products required for new developments, including unconventional resources.
The company said its local industrial presence will support Aramco’s supply security and strengthen its position in the Saudi market.
Vallourec is a global producer of premium seamless tubular products for the energy and industrial sectors, operating in more than 20 countries. In the Middle East, the company has a local manufacturing and services presence in Saudi Arabia and a regional hub in the UAE, serving major oil and gas customers including Aramco, Adnoc and Kuwait Oil Company.