New Delhi | April 1, 2025
United Drilling Tools Ltd. (BSE: 522014, NSE: UNIDT) announced a strategic overseas order win worth
₹16.14 million from
Cactus for Oil Services, a prominent engineering solutions provider in Libya’s oil and gas sector.
Key Order Details
- Client: Cactus for Oil Services, Libya
- Order Value: ₹16.14 million
- Deliverables: Injection Pressure Operation Gas Lift Valves and Side Pocket Mandrels
- Delivery Timeline: Over a 3-month period
- Application: Artificial lift systems in oil wells
This marks a significant step in
UDTL's global expansion, reinforcing its standing in international markets including
Asia, the Middle East, and Africa.
Management Commentary
Manoj Kumar Arora, CFO, UDTL, stated:
“The selection of our products by Cactus for Oil Services underscores the industry's strong confidence in UDTL’s high-quality equipment. We are optimistic about the opportunities ahead and look forward to significantly expanding our business in overseas markets.”
Strategic Outlook
UDTL emphasized its commitment to delivering
advanced, high-reliability oilfield equipment tailored to evolving global energy needs. The company reiterated its strategic intent to enhance its global footprint and deepen client relationships through innovation and superior service.
Company Overview
Founded in 1985 and headquartered in Noida, Uttar Pradesh,
United Drilling Tools Ltd. specializes in:
- Large OD casing pipes with connectors
- Wireline and well service equipment
- Gas lift equipment and downhole tools
The company manufactures all products as per
ISO and API international standards and boasts
32 registered trademarks (24 in India, 8 overseas) and
14 design patents (9 in India, 5 in the UK).