United Drilling Tools Limited — Updates, 25-04-2025: Press Release
United Drilling Tools Ltd. (UDTL) has secured an order worth approximately INR 21.94 million from Petroleum Equipment & Supplies FZE, an affiliate of Schlumberger. This order involves the supply of Large OD Casing Pipe and Leopard Connectors, designed to enhance drilling safety and reliability. Notably, the delivery will occur over four months and is aimed for Uzbekistan, marking a pivotal step in UDTL's expansion in the global oil and gas market.
The order underscores UDTL's growth trajectory, as the company has been increasingly successful in capturing international business across regions including the Middle East, Africa, and Central Asia. This expansion reflects UDTL's commitment to innovation and customer satisfaction in delivering high-performance products. CFO Manoj Kumar Arora expressed confidence that this significant order will strengthen UDTL's reputation and presence worldwide, highlighting the rising demand for the company's technologically advanced solutions in the global energy sector.
