# 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.

- Type: Contract
- Announced: 2025-07-08
- Where: Iraq, Iraq
- Value: $130.0M
- Status: announced
- Products: Oil Country Tubular Goods (OCTG), carbon steel and Super-13Cr steel OCTG with VAM premium connections
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Vallourec](https://endata.com/companies/335.md) (supplier)
- [PetroChina](https://endata.com/companies/980.md) (customer)
- [CNOOC](https://endata.com/companies/2629.md) (customer)

## Sources

- [morningstar.com](https://www.morningstar.com/news/globe-newswire/1001116833/vallourec-secures-two-octg-contracts-in-iraq-with-cnooc-and-with-petrochina), 2025-07-08: "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."
- [markets.financialcontent.com](https://markets.financialcontent.com/wral/article/gnwcq-2025-7-8-vallourec-secures-two-octg-contracts-in-iraq-with-cnooc-and-with-petrochina), 2025-07-08: "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."
- [investorshangout.com](https://investorshangout.com/vallourec-announces-major-octg-contracts-with-cnooc-petrochina-320207-/), 2025-07-08: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.