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July 30, 2015 2:29 AM ET

Metals and Mining

Company Overview of Vallourec Tubos do Brasil S.A.

Company Overview

Vallourec Tubos do Brasil S.A. produces rolled and drawn tubes and steel grades. The company offers tubes for bearings, braking systems, diesel injection, suspensions, homokinetic joints, cardans, shock-absorbing bars, and steering columns, as well as axles and third-axles for trucks, buses, vans, pick-ups, farming machines, and semi-trailers; pipes for oil extraction and well casing; and tubes for piles and steel structures. It also provides line pipes for fluid conveyance; tubes for thermo-generation; semi-finished tubes that are used in the manufacture of high-pressure cylinders; mechanical tubes, which are used in a multiplicity of industrial segments; and tubes for gas pipelines that ar...

Avenida Olinto Meireles 65

Barreiro

Belo Horizonte, MG 30640-010

Brazil

Founded in 1952

Phone:

55 31 3328 2121

Fax:

55 31 3333 4471

Key Executives for Vallourec Tubos do Brasil S.A.

Chief Executive Officer
Chief Financial Officer
Compensation as of Fiscal Year 2015.

Vallourec Tubos do Brasil S.A. Key Developments

Vallourec Tubos do Brasil to Supply Premium Pipes for the Offshore Xerelete Field in Brazil

Vallourec Tubos do Brasil has been selected to supply premium pipes for the offshore Xerelete field in Brazil, of which Total became an operator in June 2012. The Xerelete field is located in the Campos Basin, around 250 kilometers off the coast of Rio de Janeiro in 2,400 m water depth. Vallourec's products will be used in the exploration and appraisal wells for additional oil and gas resources. Drilling operations are due to start by the end of the year. The tubes will be produced at Vallourec Tubos do Brasil in Belo Horizonte, Minas Gerais. The mill successfully achieved the extensive qualification process required by Total and is now part of its approved suppliers, for providing OCTG products, such as casings, tubing and accessories with premium connections. The choice for a local pipe supplier can be related to Total's strategy of working with local suppliers, valuing the comprehensive structure that the country has in the area. In addition, it speeds up the oil and gas exploitation process, avoiding for products to have to come from abroad.

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