Jul 8, 2025CONTRACTIraq, Iraq Vallourec secures two OCTG contracts in Iraq with CNOOC and PetroChina
Vallourec secured two contracts to supply Oil Country Tubular Goods (OCTG) to CNOOC and PetroChina for drilling operations in Iraq, with potential revenue of over $130 million. Deliveries are scheduled throughout 2025 and 2026.
ProductsOil Country Tubular Goods (OCTG)carbon steel and Super-13Cr steel OCTG with VAM premium connections
“These contracts come in the context of recent announcements from Iraq's Ministry of Oil to increase the country's oil production capacity from 4.1M bpd in 2025 to 6M bpd in 2029.”morningstar.com
- 3 sources
- morningstar.comVallourec Secures Two OCTG Contracts in Iraq with CNOOC and with PetroChinaJul 8, 2025
- markets.financialcontent.comVallourec Secures Two OCTG Contracts in Iraq with CNOOC and with PetroChinaVALLOURECJul 8, 2025
- investorshangout.comVallourec Announces Major OCTG Contracts with CNOOC, PetroChina - Investors HangoutDominic SandersJul 8, 2025
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