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Vallourec secures large OCTG contract for drilling operations in Qatar

20 Jun 2025 11:27 reported by Joy Liu

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Vallourec, a global leader in premium tubular solutions in France, has secured a large contract to supply Oil Country Tubular Goods (OCTG) for drilling operations in Qatar, with a potential revenue of more than US$50 million.

Under the contract, Vallourec will deliver carbon steel OCTG products with premium connections in 2026. These materials will support Qatar's expanding onshore and offshore drilling activities, aligning with the nation's plans to raise oil production by 19% and liquefied natural gas (LNG) output by 85% by 2030, with LNG production reaching approximately 142 million tons per annum.

Vallourec's Chairman of the Board of Directors and CEO, Philippe Guillemot, stated the order demonstrates their competitiveness and solidifies their role as a key strategic partner in Qatar's energy projects.

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