Post by Vallourec

🇮🇳 Vallourec and Ultra Corpotech Pvt Ltd sign a Memorandum of Understanding for the deployment of its VAM® threading capabilities in India.   The Group announces the signing of a Memorandum of Understanding (MoU) with Ultra Corpotech Pvt Ltd, a premium supplier to major Oilfield Services companies based in India and the United States.   The implementation of this MoU is planned for late 2026, with commissioning expected in early 2027.   The collaboration is intended to build a closer and sustainable cooperation to better serve Oilfield Services customers and partners in India. By establishing a highly efficient and streamlined supply chain, this initiative will offer optimized access to VAM® products through certified local production.   The agreement reflects a broader structural transformation of the Oil & Gas supply chain, as major Oilfield Services companies continue to rebalance their manufacturing footprint globally.   Over the past decade, more than 50% of their manufacturing activities have shifted from North America to the Eastern Hemisphere, including around the Mumbai region, which combines a competitive industrial base with strategic proximity to Middle Eastern markets.   By partnering with Ultra Corpotech Pvt Ltd, a well-established global industrial player, Vallourec is able to support this evolution through a capital-efficient model while maintaining the highest quality standards. For Ultra Corpotech Pvt Ltd, the integration of VAM® technology through a dedicated Threading Cell provides access to the premium segment while delivering significant gains in operational efficiency and competitiveness.