Vallourec Tubos do Brasil, Vallourec’s wholly-owned Brazilian subsidiary, has been selected to supply premium pipes for the offshore Xerelete field in Brazil, of which Total became an operator in June 2012. The Xerelete field is located in the Campos Basin, around 250km off the coast of Rio de Janeiro in 2,400m water depth. Vallourec’s products will be used in the exploration and appraisal wells for additional oil and gas resources. Drilling operations are due to start by the end of the year. The tubes will be produced at Vallourec Tubos do Brasil in Belo Horizonte, Minas Gerais.
Denis Palluat de Besset, Managing Director of TOTAL E&P do Brasil declared, “Within our strategy of developing our presence in Brazil, it was important for us to work with a reliable, premium partner for our OCTG products. With Vallourec Tubos do Brasil, we found the level of excellence of the Vallourec Group, combined with the experience and proximity a local supplier can provide.”
Philippe Crouzet, Chairman of Vallourec’s Management Board, added “We are very pleased to have been selected by Total for their operatorship in Brazil. On top of our long-term presence in this country, the qualification and selection of our local subsidiary recognizes the level of technological expertise and qualified workforce that we have developed, which make us able to fulfill the high standards required by Total in any parts of the world.”