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Valmet's Strategic Agreement with Petrobras

Valmet, a global technology leader in process industries, has recently sealed a pivotal nationwide agreement with Petrobras (Petróleo Brasileiro S.A.), Brazil's largest oil and gas enterprise. This partnership marks a significant step for Valmet as it expands its footprint in the energy sector of Latin America, particularly in Brazil, where the energy market presents expansive growth potential.

Overview of the Agreement

The agreement encompasses the supply of spare parts for Neles™ valves, actuators, and positioners, which are crucial components across all operational units of Petrobras. These units engage in various activities such as oil and natural gas exploration, production, refining, commercialization, and power generation. The first order under this agreement has already contributed to Valmet's received orders for the second quarter of 2025.

This strategic alliance sets an initial duration of one year, with an option for automatic renewal extending up to five years. The undisclosed value of potential subsequent orders underscores the mutual trust and operational synergy envisioned between the two companies.

Benefits for Petrobras

Valmet's agreement with Petrobras is structured to deliver numerous strategic advantages. Among these are guaranteed availability of valve equipment, enhanced cost predictability, and streamlined operational processes that reduce bureaucratic hurdles. Furthermore, Petrobras will gain access to specialized technical support adhering to Valmet's recognized quality standards. Marco Souza, Valmet's Business Manager for Flow Control in the refining and chemical sector for Latin America, remarks that this partnership reinforces Petrobras's confidence in Valmet's capacity to deliver dependable and high-performance valve solutions. The collaboration is considered vital in bolstering Valmet's presence in the oil and gas segment within the region.

Commitment to Excellence

Through this initiative, Valmet underscores its unwavering commitment to customer service excellence, playing a significant role in ensuring the efficiency and operational continuity of Petrobras's plants. This commitment encompasses not only the provision of products but also long-term support and collaboration, positioning Valmet as a key ally in enhancing the operational capabilities of Petrobras.

In 2024, Valmet reported an impressive net sales figure of approximately EUR 5.4 billion, affirming its status as a powerhouse in the global technology landscape. Over 19,000 experts in about 40 countries are dedicated to collaborating with customers throughout their operational lifecycles, delivering top-tier technologies and services. Valmet operates from its headquarters in Espoo, Finland, and is publicly traded on Nasdaq Helsinki.

Looking Ahead

As the energy sector faces evolving challenges and opportunities, agreements like the one between Valmet and Petrobras symbolize a strategic alignment towards enhancing infrastructure and operational efficiency. This partnership will likely enable Petrobras to strengthen its operational framework, ensuring robust performance in a competitive market. Moreover, the innovation and efficiency driven by Valmet's technology may well set a benchmark for future collaborations within the industry.

Valmet is committed to not only transforming industries but also contributing to a sustainable and regenerative future. For more details about Valmet's offerings, you can visit their official website or follow them on various social platforms.

For further inquiries regarding the agreement, contact Marco Souza at Valmet via +55 21999720493.