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10 Aug
11:09

Vallourec eyes large MENA orders boost

Vallourec says it will benefit from sustained activity at Middle East and North African national oil companies (NOCs), after large contracts were signed in the region for 2021 deliveries. This trend provides for a positive outlook despite some international oil companies (IOCs) delaying projects, says Vallourec chairman Edouard Guinotte. The lower IOC activity will be offset by strong deliveries of high-alloy products that Vallourec has in its backlog. T…
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