Business Update24 Jun 2026, 12:03 pm
United Drilling Tools Secures ₹1.6 Cr Export Order from Brazil
AI Summary
United Drilling Tools Ltd has announced the receipt of a repeat export order from M/s Argentera Oil and Gas, Brazil, for the supply of Casing Pipe with Multi Start Connector(s). The ultimate supply of these products will be to M/s Petrobras, Brazil. The order is valued at an estimated ₹1,60,87,627 and is expected to be executed within 4-5 months. This order signifies continued business from international clients and contributes to the company's export revenue stream.
Key Highlights
- Received repeat export order from Argentera Oil and Gas, Brazil.
- Order value estimated at ₹1,60,87,627 for Casing Pipe supply.
- Ultimate supply to Petrobras, Brazil, indicating significant client engagement.
- Execution timeline for the order is 4-5 months.
- Order falls under international business and is not a related party transaction.
Price Impact
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