Vallourec, a group specializing in premium seamless tubular solutions, has secured a significant contract for the supply of Oil Country Tubular Goods (OCTG) tubes for drilling projects in Qatar. This market, valued at $50mn, involves the delivery in 2026 of carbon steel tubular products equipped with premium connections, essential for efficient oil and gas drilling operations.
Intensification of drilling activities in Qatar
This contract comes as Qatar is accelerating its drilling operations both onshore and offshore. The country plans to increase oil production by 19% and aims for an 85% rise in liquefied natural gas (LNG) production by 2030. Consequently, annual LNG volume will reach approximately 142 million tonnes per annum (MTPA).
This expansion will require additional investments in drilling and production infrastructure, opening the way for new contracts with specialized equipment suppliers. Vallourec, already established in Qatar, strengthens its position as a preferred supplier thanks to its patented VAM® products, used by several local operators.
Increased business opportunities for Vallourec
Philippe Guillemot, Chairman of the Board and Chief Executive Officer of Vallourec, stated that this order confirms the competitiveness of the French group in delivering large volumes of premium tubes. “Vallourec has been a trusted supplier for companies operating in Qatar for several decades. This new order demonstrates our competitiveness in providing large volumes of tubes and premium connections,” he added.
The executive also highlighted the strategic importance of this market for the group, indicating that Vallourec will continue to play a key role in Qatar’s oil and gas projects. Furthermore, the group is also interested in future developments in the field of Carbon Capture, Utilization, and Storage (CCUS).
With this contract, Vallourec reinforces its presence in the Middle East and confirms its ability to meet growing demand in international oil and gas markets.
