United Drilling Tools wins Brazil export order worth Rs 1.15 crore
UNIDT · price
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The company received its first export order from Argentera Oil and Gas, Brazil, to supply casing pipes with multi-start connectors to Petrobras, Brazil. The international order is valued at an estimated Rs 1,14,63,572 and is to be executed within three months in the ordinary course of business.
The order adds first-time Brazil exposure and may support near-term revenue, but execution is short and no details on margins or payment terms were provided.