Vallourec secures over $130M in OCTG contracts with CNOOC and PetroChina in Iraq

Vallourec (OTCPK:VLOUF) has secured two contracts with CNOOC and PetroChina to supply Oil Country Tubular Goods (OCTG) for their drilling operations in Iraq. These agreements have the potential to generate over $130 million in revenue.

The contracts involve providing both carbon steel and Super-13Cr steel OCTG products, equipped with VAM® premium connections.

The deliveries are slated throughout 2025 and 2026, supporting Iraq's growing drilling activities.

More on Vallourec S.A.

• Vallourec Plans To Honor Generous Dividend Policy
• Vallourec S.A. (VLOUF) Q1 2025 Earnings Call Transcript
• Vallourec S.A. 2025 Q1 - Results - Earnings Call Presentation
• Historical earnings data for Vallourec S.A.
• Dividend scorecard for Vallourec S.A.