Vallourec and Ultra Corpotech Pvt Ltd sign a Memorandum of Understanding to bring certified VAM® premium threading production to India, with commissioning planned for early 2027. The deal uses a capital-efficient Threading Cell model, allowing Vallourec to enter the Indian market through an established local partner. Over fifty percent of major Oilfield Services manufacturing has already shifted from North America to the Eastern Hemisphere, making India a strategic hub for premium tubular supply to Middle Eastern energy markets.