[ Special Focus ]
[ Special Focus ]
Vallourec to supply Buzios oil field
POSCO signs with Indonesian government
Vallourec has won two major orders to supply line pipes for phases 6 and 8 of the Buzios oil field development operated by Petrobras . These orders are in addition to the contract previously won for phase 7 , representing a total of 48,000 tonnes of line pipe . The equipment ordered for phases 6 , 7 and 8 of the project includes 346 km of subsea line pipe for the risers and flowlines in the Subsea Umbilicals Risers and Flowlines ( SURF ) package . These ultra-premium line pipes will be mechanically lined pipes ( MLPs ) with CRA ( Corrosion Resistant Alloy ) cladding . The orders are the last to be delivered from Vallourec ’ s plants in Germany . The optional quantities that are intended to be added as part of these three projects will be made at the Group ’ s state-of-the-art Premium Quality Finishing plant in Jeceaba ( Minas Gerais ).
POSCO International Corp . has signed a contract with the Indonesian government and its state oil company to search and extract oil and gas in the Southeast Asian country , as it bolsters the push for energy and resources development . The production sharing contract ( PSC ) with Jakarta and state-owned PT Pertamina Hulu Energi ( PHE ) will give POSCO International the rights to explore the Bunga gas block off the eastern Java Island for six years , and develop and produce oil and gas in the field for 30 years .
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