United Arab Emirates' industral base, ADNOC, has signed a strategic partnership agreement with advanced tubular solutions provider, Tubacex, to localise critical oilfield technology.
This will ensure cost reduction and supply chain resilience for ADNOC as it leverages Tubacex’s Sentinel Prime premium tubular joint connection technology for well completion operations.
Also defined as oil country tubular goods (OCTG), tubulars are steel pipes specially made for drilling and completion activities. These components must meet stringent standards for strength, durability and reliability to operate in high-pressure, high-temperature environments deep underground.
A dedicated research and development (R&D) centre will be established as a hub for advanced engineering by Tubacex in Abu Dhabi. It will advance local content by training highly skilled technicians in-country.
Musabbeh Al Kaabi, ADNOC Upstream CEO, said, "This strategic partnership secures ADNOC access to an important technology for completing oil and gas wells, reinforcing our role as a reliable global energy provider and our efforts to boost domestic manufacturing capacity. We welcome Tubacex’s investment in a new research and development center in Abu Dhabi which will enable knowledge and technology transfer, help develop local talent and support the goals of the Make it in the Emirates initiative.”
Josu Imaz, Tubacex Group CEO, said: “The licensing arrangement with ADNOC confirms Tubacex’s commitment to innovation and excellence in the energy sector and reinforces our position as a strategic contributor for major players in the industry.”
Click here to register for Offshore Network's international well intervention and decommissioning conferences.