MoneyWorks4Me

United Drilling Tools wins international order worth Rs 25 crore

12 Jul 2023 Evaluate

United Drilling Tools (UDTL) has been awarded an International order worth Rs 25 crore for one of its product line i.e; Wireline Winch from American Completion Tools, Inc. USA (ACT) for onward supply to Petroleos Mexicanos (PEMEX), a petroleum company managed and operated by the Mexican Government. This offers a significant opportunity to UDTL to pursue for its product line in the near future. 

Earlier, UDTL had also supplied Wireline Winches in some other countries such as Malaysia, Nigeria & Vietnam etc. Further to this, UDTL has bid for orders in the overseas market and has commenced bidding for tailor-made tenders in the Oil and Gas sector and negotiations are underway with multiple entities.

United Drilling Tools is one of the leading manufacturer of downhole tools, handling tools, gas lift equipments, wire line & well service equipment in the world. The product range of the company includes Wireline Winch Units, Gas Lift Equipments, Down Hole Tools and Handling Tools. 


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