UDTL Secures Strategic Order from Libyan Oil Services Company

United Drilling Tools Ltd. (UDTL) has announced a significant development in its international business expansion strategy. The company has successfully secured an order worth INR 16.14 million from Cactus for Oil Services, a prominent engineering solutions provider in Libya’s oil and gas sector.

Order Details and Business Impact

Order Value: INR 16.14 million ✦ Client: Cactus for Oil Services, Libya ✦ Products: Injection Pressure Operation Gas Lift Valves and Side Pocket Mandrels ✦ Delivery Timeline: Three months ✦ Strategic Significance: Strengthens UDTL’s global market presence

This new order highlights UDTL’s growing international footprint and reinforces its position as a provider of high-quality equipment for the oil and gas industry. The components ordered are critical for artificial lift systems in oil wells, demonstrating the company’s specialized expertise in this technical domain.

Company Leadership Perspective

Shri Manoj Kumar Arora, Chief Financial Officer of UDTL, expressed optimism about this development, stating that the selection of their products by Cactus for Oil Services “underscores the industry’s strong confidence in UDTL’s high-quality equipment.” He further emphasized the company’s focus on expanding its presence in overseas markets.

About United Drilling Tools Ltd.

Founded: 1985

Headquarters: Noida, Uttar Pradesh, India

Core Business: Manufacturing of oil drilling equipment and services

Key Products: Large OD casing pipe with connector, Wireline & well service equipment, Gas lift equipment, and Downhole Tools

Quality Standards: ISO & API compliance

Intellectual Property: 32 registered Trademarks (24 in India, 8 internationally) and 14 Design Patents (9 in India, 5 in UK)

UDTL has built a reputation for delivering advanced technology and high-quality equipment to meet the evolving needs of both domestic and international clients in the oil and gas sector. The company’s commitment to innovation and quality has enabled it to expand its reach across various geographical markets, including Asia, the Middle East, Africa, and beyond.

Future Outlook

With this new order, UDTL continues to demonstrate its ability to compete in the global market by offering world-class products and services tailored to the specific requirements of the oil and gas industry. The company remains dedicated to enhancing customer relationships and exceeding expectations in the ever-changing energy landscape.


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Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.

 

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