Vallourec, world leader in premium tubular solutions, is celebrating the first anniversary of its sales office in South Africa. The objective of this new office in Johannesburg is to be geographically closer to key African markets, especially South Africa and Mozambique, and to strengthen the Group’s presence for its customers and prospective clients (local operators, distributors and industry players).
As Henri de Fonvielle, Director of Vallourec South Africa, explains: “South Africa has become a major business hub for numerous oil and gas operators established in the sub-Saharan region. Vallourec intends to become a key partner for these players by offering them high value-added tubular solutions for all their oil and gas-related requirements”.
Thanks to its globally-recognized expertise, Vallourec, which has already participated in complex projects in Africa such as Kaombo and CLOV in Angola, Egina in Nigeria, Tullow in Ghana, and Moho Nord in Congo, is capable of contributing to the most ambitious onshore and offshore projects, whether by supplying drilling products, OCTG[1] or line pipes’ solutions.
For the South African market, Vallourec proposes a range of products and services for the onshore segment, notably for onshore line pipe and hydrocarbon processing projects.
Since opening the Johannesburg office in South Africa, Vallourec has received strong interest from the market and has secured several orders:
- OCTG in Mozambique for onshore wells,
- OCTG in South Africa for a future offshore exploration project,
- Drill pipes in the sub-Saharan zone to equip offshore and onshore drilling platforms,
- Line pipes and fittings supplied to South African distributors and suppliers, which are key clients and partners for Vallourec’s growth in South Africa.
Vallourec has historically supplied the South African market via its European and Brazilian mills and more recently via its partnership with Seongwha in South Korea. Following the total acquisition of Tianda, a Chinese manufacturer of seamless steel tubes, Vallourec will soon be able to offer deliveries from this new competitive hub to complete its premium offer while respecting the highest safety and quality standards.
[1] Oil Country Tubular Goods
Distributed by APO (African Press Organization) on behalf of Vallourec.
Media Contact:
Héloïse Rothenbühler
Tel: +33 (0)1 41 03 77 50 / +33 (0)6 45 45 19 67
heloise.rothenbuhler@vallourec.com
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About Vallourec:
Vallourec (www.Vallourec.com) is a world leader in premium tubular solutions for the energy markets and for demanding industrial applications such as oil & gas wells in harsh environments, new generation power plants, challenging architectural projects, and high-performance mechanical equipment. Vallourec’s pioneering spirit and cutting-edge R&D open new technological frontiers. Operating in more than 20 countries, its 20,000 dedicated and passionate people work hand-in-hand with their customers to offer more than just tubes: they deliver innovative, safe, competitive and smart tubular solutions, to make every project possible.
Listed on Euronext in Paris (ISIN code: FR0000120354, Ticker VK) and eligible for the Deferred Settlement System (SRD), Vallourec is included in the following indices: SBF 120 and Next 150.
In the United States, Vallourec has established a sponsored Level 1 American Depositary Receipt (ADR) program (ISIN code: US92023R2094, Ticker: VLOWY). Parity between ADR and a Vallourec ordinary share has been set at 5:1.
Source: Apo-Opa
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