TUBACEX signs land lease agreement for OCTG CRA tubes manufacturing plant in Abu Dhabi
As part of Tubacex’s contract with Abu Dhabi National Oil Company (ADNOC) signed in 2022, the Spanish company will construct a new pipe finishing and threading plant in the Emirate.
The new plant, the first of its kind in the Middle East, is expected to be operational by the end of 2024 and will employ 150 people.
The ceremony was attended by the Minister of Industry & Advanced Technology and CEO of ADNOC, H.E. Dr. Sultan Ahmed Al Jaber, along with Mr Abdullah Al Hameli, CEO of Economic Zones & Free Zones at AD Ports, and Captain Mohamed Al Shamisi (MD & CEO AD Ports Group), and Jesús Esmorís, CEO Tubacex, among other authorities.
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