Inauguration of the first premium finishing plant for oil & gas tubes in the Middle East

15/01/2014 - Oil & gas, OCTG, Drilling products
Inauguration of the first premium finishing plant for oil & gas tubes in the Middle East

Jan. 15th 2014 – Vallourec announces the inauguration of its new premium finishing plant for oil & gas tubes (OCTG ) in Saudi Arabia: Vallourec Saudi Arabia. Located in Dammam, this unit is dedicated to the heat treatment and threading for the full range of VAM® premium connections, with an annual capacity of 100,000 tons. Resulting from the acquisition in 2011 of Saudi Seamless Pipes Factory Company Limited, the finishing plant includes heat treatment and finishing lines, which were upgraded by Vallourec and completed by an additional premium threading line and a coupling shop. Total investment amounted to approximately $200m.

With this first premium finishing plant in the Middle East, Vallourec is reinforcing its presence in the region where numerous oil and gas projects require high added-value tubular solutions. Vallourec Saudi Arabia will mainly supply Saudi Aramco, the Kingdom's nation​al oil company, along with other regional operators. The unit is fully qualified to carry out all operations required in the production of VAM® premium connections using hollows provided by Vallourec's pipe mills, including VSB in Brazil.

The plant is expected to generate around 200 jobs, bringing the total number of employees working there from 100 in 2011 to 300 by the end of 2014. Today it employs 235 people, of which 25% are Saudi nationals.

More information: Press release​

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