FerrumFortis

Tubacex Secures Record-Breaking Umbilical Tubes Order, Strengthening Global Leadership

Synopsis: Tubacex lands its largest-ever umbilical tubes order, cementing its role as a leader in advanced tubular solutions for the energy sector.
Monday, December 9, 2024
USA
Source : ContentFactory

Tubacex, a leading global provider of advanced industrial solutions, has made a significant stride in its growth with the announcement of the largest order in its history for umbilical tubes within the oil and gas sector. This major order not only positions the company at the forefront of high-performance tubular solutions but also highlights its ability to meet the most demanding technical requirements of its clients. Commissioned by one of the world’s leading oil and gas companies, this deal further solidifies Tubacex’s reputation as a key player in the global energy industry.

The contract, which will be executed over the course of 2025 and 2026, will see Tubacex produce and deliver a wide range of umbilical tubes, which are vital components used in the oil and gas industry, particularly in offshore exploration and production. These tubes are critical for connecting subsea oil rigs with surface facilities, playing a crucial role in transporting control fluids, electrical power, and communication signals. The order will significantly contribute to Tubacex’s already impressive backlog, which is set to last well into 2026, ensuring a steady stream of high-value projects for the company.

Tubacex’s production plants in Spain and Austria will be integral to fulfilling this ambitious order. Both facilities are equipped with state-of-the-art technologies and have a proven track record in delivering high-quality products to meet stringent industry standards. The company’s advanced manufacturing capabilities, along with its strong focus on innovation, will enable it to deliver on the complex requirements of this project, demonstrating its ongoing commitment to excellence in the production of specialized industrial solutions.

CEO Jesús Esmorís emphasized the significance of this order, stating, “This record-breaking order underscores Tubacex’s leadership in delivering advanced solutions for the most demanding applications. It highlights our ability to meet complex technical requirements, positioning us as a trusted partner in the oil and gas industry.” Esmorís further noted that the project represents not only a major financial boost for Tubacex but also an important validation of its strategic focus on quality, innovation, and sustainability in its operations.

The securing of this order is a testament to Tubacex’s ability to adapt to the ever-evolving demands of the global energy sector. As the world moves towards more advanced, efficient, and sustainable energy solutions, Tubacex continues to prioritize innovation, operational excellence, and sustainability. With a project backlog exceeding €1.6 billion, the company is well-positioned to leverage new opportunities in the energy sector, while continuing to develop cutting-edge technologies that help meet the world’s growing energy needs.

In addition to its focus on technical innovation, Tubacex is also committed to advancing sustainability across its operations. The company’s strategy involves aligning its business objectives with global environmental goals, ensuring that it not only delivers high-performance products but also minimizes its environmental footprint. By integrating sustainability into its production processes and product designs, Tubacex is working to make a positive impact on both the industry and the planet.

With this new contract, Tubacex is set to enhance its already strong presence in the oil and gas industry while continuing to build its reputation as a leader in advanced tubular solutions. The company’s ability to consistently meet the needs of its clients with innovative and high-quality products has made it a trusted name in the energy sector. As Tubacex looks ahead to 2025 and beyond, it is poised for continued growth and success, driven by its commitment to excellence and its strategic focus on cutting-edge technologies.

This landmark order is a pivotal moment in Tubacex's trajectory, reinforcing its position as a key player in the global energy market. The company’s ongoing investments in innovation, sustainability, and operational efficiency ensure that it remains well-equipped to address the challenges and opportunities of the ever-changing energy landscape.

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