United Drilling Tools Limited has received a new export order from Union Venezuela Servicios, C.A. for the supply of gas lift equipment. The order is part of regular business operations and is valued at approximately Rs 1.27 crore.
As per the exchange filing, the contract is expected to be executed within three months and has been awarded by an international client. The company confirmed that the transaction is not related-party in nature and involves no promoter group interest.
This deal adds to United Drilling Tools’ ongoing momentum in global oil equipment supply markets, particularly in South America, where energy-focused orders have continued despite macro challenges.
