Vallourec highlights geothermal energy as a key growth driver in its New Energies segment by 2030.

Vallourec, a global leader in premium tubular solutions, held a focus event on June 15, 2026, emphasizing geothermal energy as a strategic growth area within its New Energies segment. The company aims for this segment to contribute 10-15% to its operating profit by 2030, driven by rising demand for low-carbon, reliable electricity from data centers, electric vehicles, and industrial electrification. Vallourec showcased its expertise in developing premium tubular solutions tailored for conventional and next-generation geothermal wells, highlighting significant market potential of up to 400,000 tonnes by decade-end. The company has already secured projects with Fervo Energy and XGS Energy, positioning itself to support large-scale, cost-effective geothermal energy deployment.