United Drilling Tools Secures Repeat Export Order from Brazilian Oil Major
United Drilling Tools Ltd. (UDTL) has announced the receipt of a repeat export order from M/s Argentera Oil and Gas in Brazil. The contract involves supplying Casing Pipe with Multi Start High Performance Connector, scheduled to be fulfilled over approximately 4-5 months.The new order highlights the confidence placed by leading oil and gas operators in UDTL's advanced engineering capabilities and product quality. This successful engagement underscores the Company's consistent delivery of critical drilling solutions for both domestic and international markets, solidifying its reputation for reliability and performance within demanding operating environments.
UDTL's continued success in securing repeat business is attributed to long-term customer relationships, adherence to stringent quality standards, and commitment to technological excellence. The company has been instrumental in expanding its global footprint by delivering high performance products that comply with international specifications, strengthening its position as a trusted supplier to the international oil and gas industry.
The contracted item, Casing Pipe with Multi Start High Performance Connector, is described as a critical and high precision component used in the drilling of oil and gas wells. The order also notes the confidence demonstrated by Petrobras, recognized globally for its leadership in the energy sector, emphasizing UDTL's commitment to timely delivery and product quality.
Company Overview and Strengths
UDTL has been successfully operating since 1985 from Noida, Uttar Pradesh, India. It is a leading manufacturer of large OD casing pipe with connector, Wireline & well service equipment, Gas lift equipment, and Downhole Tools. UDTL ensures all its equipment adheres to reliable designs and high quality, offering competitive pricing compared to other suppliers.The company focuses on manufacturing high quality products based on field proven test designs, in full conformity with ISO and API standards, while continually driving innovation and improvement.
Intellectual Property and Market Reach
UDTL maintains a strong intellectual property portfolio and global presence. The company holds 32 registered Trademarks, with 24 registered in India and the remaining 08 registered internationally.Regarding patents, UDTL has 14 Design Patents registered. Of these, 09 are registered in India, while the other 05 are registered in the UK. Additionally, the company has applied for Patents in India and other countries, having received 08 Patents granted within India.
UNIDT Stock Price Movement
United Drilling Tools Limited shed 0.61% in trading today, with shares settling at ₹216 after the market closed. The equity traded within an intraday range of ₹211.7 to ₹221.5 during the session, accumulating a volume of 4,227 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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