Vallourec secured a major $1 billion contract from Petrobras for offshore tubular goods supply from 2026-2029. The French company won through competitive bidding, representing the largest award since Petrobras adopted open tender strategy. The contract covers seamless pipes from 4.5" to 18" diameter including premium VAM connections. Vallourec will provide comprehensive services from engineering to offshore supervision. CEO Philippe Guillemot highlighted the achievement demonstrates technical excellence and strengthens their Brazilian market leadership position.