Mubadala's TBX Nexxia Marks Two Years Making Corrosion-Resistant Well Pipes for ADNOC
The Abu Dhabi plant, a venture with Spain's Tubacex, says it employs 150 people, has 20,000 tonnes of annual capacity and has supplied over 820,000 feet of pipe.
By Nakoda News Desk
·2 min read
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TBX Nexxia, the Abu Dhabi manufacturer of corrosion-resistant oil and gas well pipes owned by Mubadala and Spain's Tubacex, has completed two years of operations, Mubadala said on Wednesday, citing 150 direct jobs and a contribution of about $1.2 billion to UAE gross domestic product.
The plant is one of the clearest tests of the UAE's push to make critical energy-industry equipment at home rather than import it. It is the first facility in the Middle East focused on oil country tubular goods made from corrosion-resistant alloys, according to Mubadala, and ADNOC has given it the long-term supply contract for the well pipes used in gas extraction and production in Abu Dhabi, including future expansion projects.
The platform has annual manufacturing capacity of 20,000 tonnes and covers the chain from melting metal to finishing well tubing, Mubadala said in a statement carried by the state news agency WAM. More than 820,000 feet of its pipe has been installed in wells, which the company said has shortened delivery times for ADNOC.
The pipes are designed for highly corrosive, high-pressure wells, the kind found in sour gas fields where ordinary carbon steel degrades quickly. The Abu Dhabi facility carries out threading and final finishing under strict safety and quality systems, Mubadala said.
Mubadala bought a 49 per cent stake in Tubacex's oil country tubular goods business for $200 million in November 2024, according to its announcement at the time, which tied the partnership to Tubacex's contract with ADNOC. The two companies relaunched the business as TBX Nexxia, an integrated platform spanning the UAE, Spain and Brazil, at the Make it in the Emirates forum earlier this year.
Bakheet Al Katheeri, chief executive of UAE investments at Mubadala, said the venture combined Tubacex's global industrial expertise with local manufacturing to build Abu Dhabi's industrial capabilities, and reflected the sovereign investor's approach of working with leading international companies to develop strategic industries.
Tubacex chief executive Jesús Esmoris said the plant had kept operating to its quality and safety standards despite regional challenges, and was helping to make supply chains more resilient and support the UAE's energy security goals.
To mark the anniversary, Mubadala hosted a delegation from the Ministry of Industry and Advanced Technology and ADNOC at the site. Omar Al Suwaidi...
Sources
- وكالة أنباء الإمارات · "مبادلة" تحتفي بمرور عامين على تشغيل "TBX Nexxia" للتصنيع المتقدم في أبوظبي
- Mubadala · Tubacex announces Mubadala as Strategic Partner in OCTG Business Through $200 Million Agreement
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