on VALLOUREC (EPA:VK)
Vallourec wins two OCTG contracts in Iraq
On July 8, 2025, Vallourec announced the award of two major contracts in Iraq, with CNOOC and PetroChina. These contracts cover the supply of OCTG (Oil Country Tubular Goods) steel products and VAM® connections, representing potential revenues of more than $130 million.
Deliveries will be spread over 2025 and 2026, meeting the growing demand for premium tubular solutions in Iraq. The country, rich in oil reserves, is seeing its energy sector expand rapidly, intensifying the need for advanced technical solutions.
Philippe Guillemot, Chairman of the Board of Directors and CEO of Vallourec, emphasizes that these contracts reflect the confidence of operators in the competitiveness of Vallourec products, particularly appreciated for their robustness and ease of use.
R. P.
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