United Drilling Tools has been awarded an order worth Rs 1,486.62 million from Vedanta (Cairn Oil & Gas) a global diversified natural resources company. This order pertains to the supply of Oil Country Tubular Goods (OCTG) of vaious sizes, including casing, tubing, pup joints, and X-overs, to be delivered over a period of three years.
The significant order pertains to the supply of various sizes of Oil Country Tubular Goods (OCTG) and accessories for offshore and deep basin applications. one of the world’s most renowned resource companies, places in UDTL's high-quality products and services.
The company continues to position as a provider of oil drilling equipment, with a commitment to expand its product portfolio through ongoing research and development. Its quality control processes are designed to ensure that all products consistently meet international standards.
The global OCTG market is expected to grow significantly, reaching an estimated USD 46.61 billion by 2032, which presents a substantial opportunity for UDTL to expand its product line and tap in the demand in the near future.