Vallourec has signed a ten-year frame agreement with Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of ExxonMobil, to supply line pipe products in Guyana.
Under the agreement, Vallourec will act as a strategic supplier of seamless tubes for future projects in Guyana to build subsea flowlines and risers.
The company’s line pipe is said to be manufactured to the tightest tolerance required for deep-water pipeline installations.
The agreement enables long-term line pipe supply by defining contractual and commercial terms to support EEPGL’s future oil and gas developments in Guyana.
“I would like to thank ExxonMobil for their trust and congratulate the entire Vallourec project team which has been able to present a tailor-made offer that incorporates the best of our research and development and is thus ideally placed to provide optimum support for all future projects, without ever losing sight of excellence in execution”, said Edouard Guinotte , CEO of Vallourec.
The company will deliver the services from its Brazilian base, comprising two factories that are expected to enable Vallourec to supply the important volumes required by EEPGL for future projects in Guyana.
EEPGL operates the Stabroek Block spanning 26,800 square kilometres, where approximately ten billion oil equivalent barrels have been discovered since 2015.