Additional Export Order from Brazil for Petrobras supply
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United Drilling Tools Ltd has received a repeat export order from Argentera Oil and Gas, Brazil for supply of Casing Pipe with Multi Start Connector, with ultimate beneficiary M/s Petrobras, Brazil. Estimated contract value is about Rs 1.61 crore, to be executed in 4-5 months. Order is from an international entity with no related party involvement.
Repeat order reinforces Brazil presence and Petrobras tie-up; small ticket size limits immediate revenue impact but supports export order book.