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AlMansoori signs JV deal with Chinese company
DUBAI - AlMansoori Specialised Engineering (MSE), has signed a joint venture agreement with Hilong Group of Companies of China to establish a drill pipe manufacturing plant and an Oil Country Tubular Goods (OCTG) Finishing Plant in Abu Dhabi.
The joint venture company will be named, AlMansoori Hilong Petroleum Pipe Company and will be located in ICAD-I in Abu Dhabi. The company will manufacture drill pipe with an annual capacity of 18,000 metric tonnes (MT) and an OCTG end finishing plant with a capacity of 50,000 MT, increasing to 100,000 MT within two years. This will be the largest technologically advanced drill pipe and OCTG end finishing plant in the region.
When complete, the company will specialise in drill pipe manufacturing, internal coating application for drill pipe and OCTG, hardbanding on drilling tools and OCTG finishing. The plant is well equipped with the most effective and high-tech oriented drill pipe assembly line, pipe coating line and OCTG finishing lines. The company will provide high quality products of all API standards and specially customised drilling tools with proprietary internal plastic coating, handbanding and OCTG pipes to customers in the region.
Hilong Group of Companies is a large Chinese conglomerate specialising in the manufacturing of petroleum pipe and petroleum equipment for both their local and international markets.
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