Valmet Signs Nationwide Agreement with Petrobras for Neles Valve Spare Parts.

Valmet has signed a nationwide agreement with Petrobras to supply spare parts for Neles valves, actuators, and positioners across all operational units. The agreement has an initial term of one year and the possibility of automatic renewal for up to five years. The first order was included in Valmet's orders received in Q2 2025, with potential resulting orders to be recognized over the agreement period. The agreement is a significant milestone in the partnership between the two companies.

Valmet Oyj, a global technology leader in process industries, has signed a nationwide agreement with Petrobras (Petróleo Brasileiro S.A.), Brazil's largest energy company. The agreement, announced on August 11, 2025, covers the supply of spare parts for Neles™ valves, actuators, and positioners across all of Petrobras' operational units, including oil and natural gas exploration, production, refining, commercialization, and power generation [1].

The agreement, which has an initial term of one year with a possibility of automatic renewal for up to five years, is a significant milestone in the partnership between the two companies. Valmet's first order for the second quarter of 2025 was included in this agreement, with potential resulting orders to be recognized over the agreement period. The value of the orders was not disclosed [1].

Marco Souza, Business Manager for Flow Control in the refining and chemical industry in Latin America at Valmet, stated, "This agreement reinforces Petrobras's trust in Valmet's ability to deliver reliable, high-performance valve solutions and strengthens our presence in the oil and gas segment in the region." The initiative offers Petrobras strategic benefits such as guaranteed valve equipment availability, greater cost predictability, streamlined processes, reduced bureaucracy, and specialized technical support with a recognized quality standard [1].

The agreement comes amidst strong financial results for Petrobras. In the second quarter of 2025, Petrobras reported a net profit of R$ 26.7 billion ($4.7 billion), driven by an 8% increase in hydrocarbon production compared to the same period in 2024. This result offset a 10% decrease in the average Brent price during the period [2].

Valmet's commitment to customer service excellence is evident in this partnership, directly contributing to the efficiency and operational continuity of Petrobras' plants. With this agreement, Valmet aims to further solidify its position in the oil and gas segment in Brazil.

References:
[1] https://www.prnewswire.com/news-releases/valmet-signs-a-strategic-agreement-to-deliver-valve-services-to-petrobras-in-brazil-302526289.html
[2] https://energynews.pro/en/petrobras-posts-net-profit-of-r-26-7-billion-in-the-second-quarter-of-2025/