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Vallourec

company 1 Deal 1 Partner

Vallourec is a global leader in premium tubular solutions, specializing in seamless steel tubes for the energy sector and various industrial applications. The company provides advanced products and services for oil & gas, energy transition (including hydrogen, CCUS, and geothermal), and other infrastructure projects worldwide, focusing on high-performance and sustainable solutions.

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Founded 1899 15,000 employees
Steel ManufacturerOEM/Equipment

Strategic Overview

  • Vallourec is actively diversifying its portfolio beyond traditional oil & gas into energy transition markets, particularly hydrogen, CCUS, and geothermal.
  • The company maintains a strong global manufacturing and sales presence, enabling it to serve major energy and industrial projects worldwide.
  • Vallourec focuses on long-term partnerships and supply agreements with key players in the energy sector, ensuring consistent demand for its specialized tubular solutions.

Deal Activity from Public Sources

Vallourec awarded a contract by TotalEnergies for the supply of premium tubes for the Tilenga project in Uganda.
Sale Oil & Gas Uganda April 2024 with TotalEnergies
Vallourec awarded a contract by ADNOC for the supply of tubes for offshore and onshore projects in the UAE.
Sale Oil & Gas United Arab Emirates March 2024 with ADNOC
Vallourec awarded a contract for the supply of tubes for the development of a geothermal project in Indonesia.
Sale Geothermal Indonesia January 2024
Vallourec awarded a contract by BP for the supply of tubes for the Greater Tortue Ahmeyim (GTA) project in Mauritania and Senegal.
Sale Oil & Gas Mauritania July 2023 with BP
Vallourec awarded a contract by Shell for the supply of tubes for the Vito project in the US Gulf of Mexico.
Sale Oil & Gas United States May 2023 with Shell

Investment Focus

Technologies
Hydrogen1
Geography
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Key People

Philippe Guillemot
Chairman of the Board of Directors and Chief Executive Officer

Track Record

125
Years Active
Notable projects: Tilenga project (Uganda), ADNOC projects (UAE), Petrobras offshore projects (Brazil), Geothermal project (Indonesia), Aramco projects (Saudi Arabia), Greater Tortue Ahmeyim (GTA) project (Mauritania, Senegal)

Detailed Analysis

Sectors
UtilitiesEnergy Transition
Technologies
Oil & GasHydrogenCarbon Capture, Utilization and Storage (CCUS)GeothermalSolar ThermalNuclear PowerWater Infrastructure
Geographies
FranceGermanyBrazil (2 deals)United States (1 deal)ChinaIndonesia (1 deal)United Arab Emirates (1 deal)Saudi Arabia (1 deal)Uganda (1 deal)Norway (1 deal)
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