Vallourec Secures $36,000-Ton OCTG Contracts in Indonesia

Event summary

  • Vallourec signed five contracts in February 2026 for 36,000 tons of OCTG products in Indonesia.
  • The contracts support 140 wells in deep offshore environments, requiring high-pressure solutions.
  • Vallourec will supply advanced connections, including VAM® 21, from its Indonesian subsidiary PTCT.
  • The deals highlight Vallourec's long-standing relationships with key oil & gas operators in Indonesia.

The big picture

Vallourec's contract wins underscore the growing complexity of Indonesia's offshore energy sector, where deep-water projects demand high-performance tubular solutions. The deals reinforce Vallourec's position as a key supplier in the region, particularly for premium connections like VAM® 21. The focus on local production through PTCT also highlights the strategic importance of regional manufacturing capabilities in securing long-term contracts.

What we're watching

Offshore Demand
How sustained offshore project activity in Indonesia will impact Vallourec's OCTG business.
Local Production
Whether Vallourec can maintain competitive advantage through PTCT's localized manufacturing.
Technical Specifications
The pace at which deep offshore projects require next-gen tubular solutions.