Vallourec is selected by Thailand's PTT Exploration & Production PLC (PTTEP) to deliver oil country tubular goods for a offshore project in Myanmar
PTTEP, Thailand's national oil exploration & production company, awarded Vallourec the contract to deliver over 3,000 tons of OCTG for its Myanmar M9 West exploration well; a challenging HP/HT (high pressure/high temperature) offshore field in the Gulf of Martaban, approximately 300km from Yangon.
Alexandre Valdelievre, Vallourec Commercial Director, South East Asia stated: "We are absolutely delighted to be entrusted with this contract, which truly reflects the benefits of our new regional organization. Since 2017, we have been working closely with PTTEP, building relations of confidence and proximity and supporting them for their offshore exploration projects."
The project will be essentially served through Vallourec's subsidiary in Indonesia, supported by competitive supplies from Vallourec pipe mills in Brazil, in China and in Germany. In addition, VAM® Field Services (VFS) will be present on the rig to supervise the smooth running of the well. By ensuring that running procedures are followed correctly, VFS can reduce risk, improve efficiency and contribute to the safety of operations on the rig.
PTTEP drilling engineering team stated: "Safety, quality and value for money are the key success factors for our operations which is why we selected Vallourec for our project. Thanks to their proximity, their technical know-how and field services, Vallourec will be able to support us from the start of the project through to installation."
With its Vallourec Tianda plants located in China, the group has a new, fully integrated production system, which enables it to offer a complete product portfolio at a highly competitive price to target local and export markets (Asia, the Middle East).