VALLOUREC : Vallourec has been awarded a new order for premium drilling products
(Thomson Reuters ONE) -
Press Information
October 2015
www.vallourec.com
Vallourec has been awarded a new order for premium drilling products
Boulogne-Billancourt, October 15, 2015
Vallourec, world leader in premium tubular solutions, has signed with Baoji
Oilfield Machinery Co Ltd (BOMCO) a contract for the delivery of 12 drill
strings in sour service grade (VM105 DP SSE) equipped with VAM Express®
connections.
Those drill strings, which will be manufactured in Vallourec's plants in France
and in the Middle East, will be delivered to Abu Dhabi starting mid- 2016 to the
beginning of 2017.
The contract will give to Vallourec, and in particular to its Drilling Products
division, an additional foothold in the Middle East.
Based in Baoji City in China, BOMCO is China's largest state-owned oilfield
equipment manufacturer and the largest manufacturer of land rigs and mud pumps
in the world.
Between 2009 and 2011, Vallourec's Drilling Products division has successfully
produced 11 complete drill strings for BOMCO. In February 2014, Vallourec
successfully secured an additional 16 drill strings with BOMCO.
About Vallourec
Vallourec is the world leader in premium tubular solutions used mainly in energy
markets as well as in other industrial applications.
With over 23,000 employees, integrated production units, cutting-edge R&D and a
presence in more than 20 countries, Vallourec offers its clients innovative and
comprehensive solutions adapted to the energy challenges of the 21st century.
Quoted on Euronext in Paris (ISIN code: FR0000120354, Ticker: VK) and eligible
for the Deferred Settlement System (DSS), Vallourec is included in the following
indices: the Euronext 100 and the SBF 120.
In the US, Vallourec has set up a level-1 sponsored American Depositary Receipt
(ADR) program (ISIN code: US92023R2094, Ticker: VLOWY). The parity ratio between
the ADR and the Vallourec ordinary share is 5:1.
www.vallourec.com
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For any further information, please contact:
Press relations
Héloïse Rothenbühler
Tél. : +33 (0)1 41 03 77 50
heloise.rothenbuhler(at)vallourec.com
Vallourec 15102015 Bomco Contract in PDF:
http://hugin.info/143606/R/1958820/713853.pdf
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: VALLOUREC via GlobeNewswire
[HUG#1958820]
Unternehmensinformation / Kurzprofil:
Datum: 15.10.2015 - 08:30 Uhr
Sprache: Deutsch
News-ID 427065
Anzahl Zeichen: 3206
contact information:
Town:
BOULOGNE BILLANCOURT CEDEX
Kategorie:
Business News
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