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Philippe Guillemot is replacing Edouard Guinotte as Chairman and Chief Executive Officer of Vallourec to accelerate the Company’s transformation and growth trajectory
Meudon (France), March 21st, 2022 – Further to the completion of an external selection process by a special committee of the Board of Directors, the Appointments and Governance Committee has decided to select Mr. Philippe Guillemot for the purpose of succeeding to Mr. Edouard Guinotte as Chairman and Chief Executive Officer of Vallourec. Vallourec’s Board of Directors met on March 20th, 2022 and appointed Philippe Guillemot for a four-year term, effective immediately.
Mutares submits irrevocable offer to acquire Vallourec Bearing Tubes from Vallourec
Munich, 3 March 2022 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed a put option to acquire Vallourec Bearing Tubes (“VBT”) from Vallourec. The company will strengthen the Engineering & Technology segment as a new platform investment. The closing of the transaction is expected in the second quarter of 2022 after consultation of the works councils and subject to approval of the antitrust authorities.
OneSubsea® awards Vallourec a contract to supply work-over risers for Equinor’s Bacalhau field in Brazil
Meudon (France), March 2, 2022 – Vallourec, a world leader in premium tubular solutions, has been awarded a contract by OneSubsea®, the subsea technologies, production, and processing systems division of Schlumberger, to supply 3,000 meters of upset riser joints equipped with VAM® TTR HW NA connection for the Bacalhau Project offshore Brazil. The contract was awarded on behalf of Subsea Integration Alliance, a strategic global alliance between Subsea 7 and OneSubsea®.
Vallourec reports fourth quarter and full year 2021 results
Meudon (France), February 24th 2022 – Vallourec, a world leader in premium tubular solutions, announces today its results for the fourth quarter and full year 2021. The Board of Directors of Vallourec SA, meeting on February 23rd 2022, approved the Group's fourth-quarter and full-year 2021 accounts.
Fighting climate change: Vallourec confirms its leadership position in the CDP’s A List
Meudon (France), December 9, 2021 – Vallourec, a world leader in premium tubular solutions, announces today that it is again part of the “A List” of the CDP, a global environmental non-profit organization that encourages companies and governments to reduce their greenhouse gas emissions.
Of the 13,000 companies evaluated worldwide, the Group was one of 200 to make the list.
