United Drilling Tools has announced a significant export order worth ₹1.97 crores from Singapore-based AH&M Energy Services Pte. Ltd. The order involves the supply of specialized drilling equipment, marking another milestone in the company's international business expansion.

Order Details and Specifications

The export contract centers around the supply of Leopard Dual Seal Connectors, which are specialized components used in drilling operations. These connectors represent advanced drilling technology equipment that the company manufactures for the energy services sector.

International Market Presence

This Singapore-based order demonstrates United Drilling Tools' growing presence in international markets, particularly in the Asia-Pacific region. The company's ability to secure contracts from established energy services companies abroad reflects its competitive positioning in the drilling equipment manufacturing sector.

Execution Timeline

The company has committed to completing the entire order within a 4-month timeframe. This timeline indicates the company's production capacity and operational efficiency in handling substantial export orders while maintaining quality standards for international clients.

Business Impact

The ₹1.97 crore order represents a significant business development for United Drilling Tools, adding to its order book and strengthening its revenue pipeline. The contract with AH&M Energy Services Pte. Ltd. showcases the company's capability to serve international energy services companies with specialized drilling equipment solutions.

United Drilling Tools Limited has secured a significant domestic order worth ₹4.06 crores from Oil and Natural Gas Corporation Limited (ONGC). The company will supply gas lift valves and side pocket mandrels, with the order scheduled for execution within 3-4 months.

Contract Overview

The contract involves the supply of specialized oil drilling equipment in the ordinary course of business. The order represents a substantial addition to the company's order book and demonstrates continued demand for drilling infrastructure equipment.

Product Specifications

The order encompasses the supply of critical drilling equipment components essential for oil and gas extraction operations:

These products are vital components in ONGC's drilling infrastructure, reflecting the corporation's continued investment in equipment modernization and operational efficiency.

Regulatory Compliance

United Drilling Tools Limited has fulfilled its disclosure obligations under the regulatory framework. The company confirmed that this order does not involve any related party transactions, as the promoter/promoter group companies have no interest in ONGC. The transaction is conducted at arm's length in the normal course of business operations.

Business Impact

This latest contract reinforces United Drilling Tools Limited's position as a reliable supplier to major oil and gas corporations in India's energy sector. The company operates from its headquarters in Noida, Uttar Pradesh, with its registered office in New Delhi, serving the oil drilling equipment manufacturing and services sector.