Llodio Spain headquartered TUBACEX has secured its largest ever award with Abu Dhabi National Oil Company worth in excess of 30,000 tonnes over ten years for the supply of comprehensive solutions for gas extraction in the Middle East. As part of the award, TUBACEX will build a new tube and thread manufacturing plant in Abu Dhabi, the first manufacturing facility for OCTG manufacturing in the Middle East, expected to be operational in 2024. The agreement was signed in Abu Dhabi during the “Make it in the Emirates” forum that brought together the largest industrial companies and investors in the United Arab Emirates to share their development plans and boost local manufacturing investment.This award builds on other multi-annual contracts signed in recent weeks for the manufacturing of umbilical, nuclear and aerospace tubes, giving TUBACEX a total backlog of more than UR 1.5 billion.ADNOC is one of the world’s leading energy companies wholly owned by the Emirate of Abu Dhabi. ADNOC has an ambitious plan to grow its production capacity while maximizing the value of the Emirate’s vast energy reserves in support of the UAE’s economic growth and diversification.TUBACEX is a world leader in sophisticated industrial products and high value-added services for the energy and mobility sectors. With global headquarters in Spain, TUBACEX has 20 production plants (Spain, Austria, Italy, USA, India, Thailand, Saudi Arabia, Dubai, Norway, Canada, Singapore, Guyana and Kazakhstan) on four continents, and service centers and sales offices worldwide. TUBACEX is an expert in maximum-efficiency applications for the Oil & Gas and energy generation sectors and other industrial applications. TUBACEX Group is mainly devoted to the manufacture and sale of seamless stainless steel and high-nickel alloy tubular solutions. Its product portfolio covers dimensional ranges from 3 mm to 219 mm (8 inches OD) and up to 42 inches in the case of mechanical trepanning.