Shell (SHEL) has signed a contract with Vallourec to receive tubular good products and services for Shell's offshore operations in the development of the Orca project in Brazil, Vallourec said Monday.
The expected drilling date is April 2027, with the current drilling plan including 10 wells with an estimation of 12,000 tons to 15,000 tons of pipes, the company said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments