French steel tube maker Vallourec, which nearly avoided bankruptcy less than 3 years ago, plans to resume paying dividend as early as 2025 as it continues to slash costs with a view to erase its net debt in the next two years. Adding that following the many years of underinvestment in the oil and gas industry - their core consumers are now investing in new capacity. The CEO Philippe Guillemot spoke on Bloomberg Television, ahead of the company’s first Capital Markets Day in 10 years, taking place on Tuesday in London.