Vallourec signs frame agreement with ExxonMobil

Vallourec has signed a ten-year frame agreement with ExxonMobil affiliate Esso Exploration and Production Guyana Ltd (EEPGL) to supply line pipe products in Guyana.

The agreement enables long-term line pipe supply by defining contractual and commercial terms to support EEPGL’s future oil and gas developments in this strategic basin. EEPGL operates the Stabroek block, where about 10 Bboe have been discovered since 2015.

The company said it is positioning itself as strategic supplier of seamless tubes for future projects in Guyana to build subsea flowlines and risers. Its line pipe is said to be manufactured to the tightest tolerance required for deep-water pipeline installations.

Vallourec will serve EEPGL from its Brazilian base, which consists of two factories in Jeceaba and Barreiro.

Source: Offshore Magazine