Valmet has entered into a strategic agreement with Petrobras, the leading energy company in Brazil, to deliver comprehensive valve services.

This nationwide deal includes the provision of spare parts for Neles valves, actuators and positioners, catering to Petrobras's various operational units.

The first order under the agreement was recorded in Valmet's second quarter of 2025 (Q2 2025) orders received.

Future orders will be recognised throughout the duration of the agreement, which has an initial term of one year, with the option to renew for up to five years. The financial details of the orders remain confidential.

This partnership is set to offer Petrobras strategic advantages such as assured availability of valve equipment, enhanced cost predictability and streamlined processes.

It also promises reduced bureaucracy and specialised technical support, upholding a recognised quality standard, Valmet said.

Valmet business manager for flow control in the refining and chemical industry in Latin America Marco Souza said: “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.”

Furthermore, Petrobras is reportedly exploring the sale of its Polo Bahia Terra onshore oil and gas operations in Bahia state, which, despite their smaller scale, produce significantly compared to the pre-salt deep-water fields.

These fields account for more than 70% of Brazil's oil production. The Polo Bahia hub, with its 28 onshore fields, is under strategic review, with Petrobras prioritising returns and shareholder interests.