New Delhi: United Drilling Tools Ltd. is delighted to announce that it has secured a significant order from Oil and Natural Gas Corporation (ONGC) Limited, one of India’s most respected Public Sector Undertakings (PSUs) in the oil and gas sector, for the supply of Large Outer Diameter (OD) casing pipes and the order valued at INR 37.28 MN which scheduled to be fulfilled over a period of approximately 5-6 Months.
These pipes represent a vital part of the structural casing string installed in the wellbore, playing a crucial role in stabilizing the well and supporting subsequent casing strings during offshore drilling operations. Their robust design ensures operational safety, structural integrity, and the long-term reliability of wells operating in challenging offshore environments.
UDTL is currently the only supplier in India for these specialized products, which are critical for drilling and oilfield operations. Considering the geopolitical tensions involving Israel, Iran and the United States have resulted in heightened volatility in global energy markets and a noticeable increase in international crude oil prices. In view of the anticipated increase in drilling activity driven by higher crude oil prices, the Company expects a favourable demand environment for its products in the near to medium term, which may create additional growth opportunities.
This prestigious order is not only a reaffirmation of UDTL’s strong partnership with ONGC but also a clear endorsement of the Company’s stringent quality standards, and customer-focused approach. ONGC’s repeated selection of UDTL over the years is a authentication to the deep trust and satisfaction that the Company has
consistently delivered through its high-performance products and dependable services.
This high-tech product will be manufactured and supplied domestically, reinforcing UDTL’s commitment to promoting indigenous manufacturing capabilities. By producing these pipes locally, the Company contributes to reducing import dependence and optimizing foreign exchange utilization, while simultaneously strengthening domestic industrial capabilities in the oil and gas equipment sector.
The order also strengthens the Company’s order book and revenue visibility, supporting both short-term operational stability and long-term growth.
Jyoti Kumar, GM-Sales and Marketing said that “we are pleased to secure this order for 36-inch casing connectors, which incorporate advanced multi-start thread technology. This design allows faster make up with minimal rotations, reduces the risk of cross-threading during installation, and provides the structural strength required for drivable conductor casing. These features help operators improve installation efficiency while ensuring reliability in demanding offshore conditions.”
