Vallourec, a global leader in premium seamless tubular solutions, has secured a significant contract to supply Oil Country Tubular Goods (OCTG) for drilling operations in Qatar. The deal is valued at over USD 50 mln and includes the delivery of carbon steel OCTG products with premium VAM connections, scheduled for 2026.
The contract will support Qatar’s expanding drilling activity, both onshore and offshore, as the country accelerates its energy production goals. Vallourec’s long-standing presence in Qatar and the widespread use of its VAM connections by local operators helped secure the agreement.
This development comes in line with recent announcements by Qatari energy companies to boost oil production by 19pct and liquefied natural gas (LNG) output by 85pct by 2030, with total LNG production projected to reach 142 mln tons per annum. These ambitious targets are expected to drive increased drilling and infrastructure needs, positioning Vallourec for continued growth in the region.