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Serimax Awarded Welding Contract for Gas Sul North Capixaba (GSNC) project

Maritime Activity Reports, Inc.

August 16, 2011

Serimax, a 100% subsidiary of Vallourec, has been awarded the welding contract for the Gas Sul North Capixaba (GSNC) project by Subsea 7 in Brazil.

Serimax will provide welding services on 151km of 18” sour service pipeline, which will run parallel to the Brazilian coast and links the Camarupim Field gas pipeline to the Parque des Baleias complex.

The project management will be run from Serimax’s Brazilian facility, with welder performance qualification taking place in Houston and offshore installation onboard the vessel Polaris scheduled to start in November and completed toward the end of February 2012.

Serimax is a global welding specialist and employs more than 800 staff, providing welding services covering land and marine pipelines, spooling operations, offshore fabrication and multi-joint activities.

Mickael Dolou, Serimax’s Brazil area manager, said: “Winning this award is a reflection of the commitment we have made to establishing Serimax as the leading welding contractor for the export/shallow water pipeline market in Brasil and South America. “We have invested in infrastructure and manpower to offer clients extensive local contact both pre and post project, and hope that our quality of service and strong commitment for continuous improvement will open up further opportunities to work with Subsea 7.”

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