(Boursier.com) — Vallourec signed a contract with TotalEnergies for the supply of casing and tubing tubes as well as associated accessories for the first phase of the Gas Growth Integrated Project (GGIP) in Iraq.
The GGIP includes the recovery of gas currently flared in the Basra region to power power plants, the construction of a seawater treatment unit and the construction of a solar power plant with a capacity of 1GW. This multi-energy approach will make it possible to sustainably develop the country’s natural resources.
A supplier to TotalEnergies for many years, Vallourec has been able to draw on its long experience in Iraq to present to its historic partner a competitive premium offer covering all its OCTG needs.
For the first thirty wells of the project, Vallourec will supply from its Brazilian and European factories a total of 15,000 tonnes of various VAM(R) tubes and connections based on the highest quality steel grades. Deliveries will start in 2024.
Philippe Guillemot, Chairman and CEO of the Group, commented: “We are very pleased to have been chosen by TotalEnergies for the first stage of this emblematic project in Iraq. Beyond drilling, our teams are fully committed to our historic partner to support all future phases of this multi-energy project.”
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