Vallourec in Middle East
About us
About us
Vallourec has been a key player in Middle East for more than 40 years. Our business activities in the region are mostly centered around the oil and gas sector that we address with 4 product lines:
- OCTG pipes and accessories with VAM® connections
- Line pipes for various onshore and offshore applications
- Process pipes for petrochemicals and other processing applications
- VAM® Field Service for onshore/offshore operations, engineering and supply chain services with a wide licensee network for repair and service
Since 2009, Vallourec has been expanding its presence through multiple acquisitions in UAE and Saudi Arabia. In 2011, thanks to the acquisition and industrialization of Vallourec Saudi Arabia (previously Zamil Pipes), Vallourec became the first OCTG market leader to have a premium finishing unit in the region, allowing to supply the world’s biggest oil company, Saudi Aramco, owned by the Kingdom of Saudi Arabia
The same year, Vallourec opened Vallourec Middle East, a new sales platform located in Jebel Ali that was recently extended to bring corporate and commercial teams together, turning Dubai office into the regional headquarters for Middle East and Asia
The biggest premium OCTG market
- 49% of world oil reserves
- 43% of world gas reserves
Main customers
Saudi Aramco, Abu Dhabi National Oil Company (ADNOC), Kuwait Oil company (KOC), China National Offshore Oil Corporation (CNOOC), ExxonMobil, Occidental Petroleum, Tatweer Petroleum etc.
Main agents
Al Qahtani (Saudi Arabia), ADOS (UAE), Al Fahad (Kuwait), Dan Trading (Bahrain, Oman)
History
History
Vallourec opens its first sales office in Middle East
Acquisition of VAM® Drilling Middle East FZE based in Jebel Ali
Acquisition of VAM® Drilling Protools Oil Equipment Manufacturing in Abu Dhabi
- Opening of Vallourec Middle East FZE, a sales platform in Jebel Ali
Acquisition of SSPF in Dammam and first investment in a new premium threading line
- Qualification of SSPF finishing unit, including a heat treatment unit, a premium threading unit, and a sleeve manufacturing unit
- Opening of a new drill pipe coating unit in Abu Dhabi
Inauguration of Vallourec Saudi Arabia in Dammam
Divestment of Vallourec Drilling Products business
Inauguration of a new sales office in Jebel Ali, headquarter to the Middle East and Asia region, bringing together sales and corporate functions
Key figures
Key figures