Spain-based seamless stainless steel pipe producer Tubacex S.A. has announced that it has inked a contract with Brazilian state-owned energy company Petrobras to supply corrosion-resistant alloy (CRA) country tubular goods (OCTG), premium connections and accessories. The contract value is €64.5 million.
Accordingly, the Spanish company’s products will be used in the development of Petrobras’ Sepia 2 and Atapu 2 oil and natural gas projects. Deliveries are expected to begin next year. Additionally, Tubacex will provide logistics, inventory management, repair services and technical support during the installation phase.
