Vallourec Receives a Major OCTG Notice of Award From Sonatrach in Algeria
VALLOUREC SA SP/ADR (VLOWY)
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Source: GlobeNewswire
Press release VALLOUREC RECEIVES A MAJOR OCTG NOTICE OF AWARD FROM SONATRACH IN ALGERIA Meudon (France), April 8th, 2025 – Vallourec, a world leader in premium seamless tubular solutions, has received a notice of award to supply Oil Country Tubular Goods (OCTG) to SONATRACH, the Algeria's National Oil and Gas company. Vallourec will deliver carbon steel OCTG threaded with its premium VAM® connections, which have been recognized as the proven standard for the Algerian market. Deliveries are expected in 2025 and 2026, and in total the operation is expected to result in greater than $250 million in revenues for Vallourec. This renewed partnership was made possible by Vallourec’s leading technical solutions and strong operating performance in the region over many years. These solutions will be manufactured across several Vallourec’s plants in Brazil, China, France, and Indonesia. This global production footprint enables Vallourec to ensure high quality standards and a flexible supply
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- Vallourec (OTCMKTS:VLOWY) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "buy" rating on the stock.MarketBeat
- AMENDMENT TO THE TERMS AND CONDITIONS OF THE WARRANTSGlobeNewswire
- NATHALIE DELBREUVE IS APPOINTED AS CHIEF FINANCIAL OFFICER OF VALLOUREC AND JOINS THE EXECUTIVE COMMITTEE [Yahoo! Finance]Yahoo! Finance
- NATHALIE DELBREUVE IS APPOINTED AS CHIEF FINANCIAL OFFICER OF VALLOUREC AND JOINS THE EXECUTIVE COMMITTEEGlobeNewswire
- VALLOUREC RECEIVES INVESTMENT GRADE RATING FROM MOODY'S AND S&P [Yahoo! Finance]Yahoo! Finance