Vallourec Wins Major $130M Contract from Kuwait Oil Company

The global premium seamless tubular solution provider Vallourec obtained an essential contract involving more than $130 million from Kuwait Oil Company (KOC). Within 2025-2026, KOC has contracted Vallourec to provide Oil Country Tubular Goods (OCTG) for its drilling programs.

This contract serves Vallourec well because KOC aims to reach 4 million barrels per day of oil production by 2035. The agreement specifies that Vallourec needs to deliver carbon steel OCTG products consisting of premium connections and proprietary steel grades.

The high-torque flush premium connections from Vallourec proved essential for winning the bid because of their special capabilities in demanding deep drilling operations. These specific components provide advanced technical capabilities and reliability that KOC needs for its operational expansion.

Vallourec maintains an esteemed partnership with KOC as the new order demonstrates both the competitive advantages and successful delivery of premium tube products along with connections in high volumes according to Philippe Guillemot – Vallourec’s Chairman and CEO.

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Vallourec has sustained a long-term business presence in Kuwait, which includes delivering specialized solutions to KOC for their onshore and offshore projects. The deep drilling equipment acquisition happens after KOC published its specialized equipment tender announcement in September 2024.

The worldwide expansion of Vallourec includes 13,000 staff working in more than 20 international locations supporting its growth as a leader in Kuwait’s energy sector and worldwide tubular solutions provider.

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