• Reinforces TBX Nexxia's position as the leading OCTG platform serving ADNOC and the UAE, supporting industry expansion through its In-Country Value contributions and advancing the Emiratization of a strategic technology for regional energy security
• Abu Dhabi plant operating since 2024 as part of an integrated Melt to Well solution with 24/7 production and rigorous safety and quality controls, demonstrating operational resilience and continuity amid regional disruption
• Annual manufacturing capacity of 20,000 tonnes, with 150 direct jobs created in the UAE and an estimated US$1.2 billion contribution to national GDP
• TBX Nexxia's industrial contribution was recognized with the ADNOC ICV Excellence Award in the Industrial Investment Champion category at the 2nd Make it with ADNOC Forum, while Tubacex was named Best OCTG Supplier by Petrobras for the second consecutive year in 2026.

Mubadala Investment Company ("Mubadala"), an Abu Dhabi sovereign investor, today marked two years of operations at TBX Nexxia’s advanced manufacturing facility in Abu Dhabi. Developed in partnership between Mubadala and Tubacex Group, TBX Nexxia is the first platform of its kind in the Middle East focused on advanced corrosion-resistant alloy (CRA) Oil Country Tubular Goods (OCTG) solutions used in complex energy infrastructure. The milestone highlights the facility's role in strengthening local industrial capabilities through its In-Country Value contributions while advancing the Emiratization of a key technology for regional energy security. It also underscores the platform’s operational resilience and ability to maintain production continuity despite regional disruptions.

The platform provides an integrated Melt to Well solution for advanced CRA tubular products. ADNOC, the platform's cornerstone client, has entrusted TBX Nexxia with the long-term supply of CRA tubulars for gas extraction and production in Abu Dhabi, including for its planned expansion. The platform builds on Tubacex's proven track record in OCTG as one of the world's leading CRA suppliers.

Dr. Bakheet Al Katheeri, CEO of UAE Investments at Mubadala, said: “TBX Nexxia combines Tubacex’s global industrial expertise with local production to deepen Abu Dhabi’s manufacturing capabilities. This milestone reflects Mubadala's approach of partnering with international market leaders to build advanced industries that support the continued diversification and resilience of the UAE economy.”

TBX Nexxia’s contribution to the UAE's industrial development was recognized with the ADNOC ICV Excellence Award in the “Industrial Investment” category at the 2nd Make it with ADNOC Forum. The recognition highlights the facility’s role in advancing In-Country Value, supporting ADNOC's strategic objectives and strengthening the UAE's industrial capabilities through long-term investment and localized manufacturing. Internationally, Tubacex was named Best OCTG Supplier by Petrobras for the second consecutive year in 2026, recognizing its performance in quality, delivery, operational excellence and value creation.

To mark the two-year operational milestone and celebrate the facility's ADNOC ICV Excellence Award, Mubadala welcomed a senior delegation from the Ministry of Industry and Advanced Technology and ADNOC to the TBX Nexxia advanced manufacturing facility, showcasing its latest advanced manufacturing technologies and its role in strengthening oil and gas supply chains.

H.E. Hasan Jasem Nasser Al Nowais, Undersecretary of the Ministry of Industry and Advanced Technology (MoIAT), said: "TBX Nexxia represents the National In-Country Value Program at work: a strategic industrial technology established in Abu Dhabi and anchored here for the long term. By creating specialized technical jobs across critical industries, the facility continues to contribute to the development of national supply chains while supporting the objectives of Operation 300bn.

With an annual manufacturing capacity of 20,000 tonnes, TBX Nexxia has created 150 direct jobs in the UAE and contributed an estimated US$1.2 billion to national GDP. It is also building local expertise in metallurgy, threading and quality engineering. The partnership combines Mubadala’s long-term investment approach with Tubacex’s global industrial expertise, supporting the localization of strategic technologies and the UAE’s industrial ambitions.

Josu Imaz, Chief Executive Officer of Tubacex Group, said: "Two years of operations in Abu Dhabi demonstrate the resilience and strength of our industrial platform and our long-term commitment to the UAE. Even amid a challenging regional environment, our world-class facility has remained operational, ensuring continuity, reliability and the highest standards of quality and safety. By combining advanced technology, local manufacturing capabilities and global industrial expertise, TBX Nexxia plays a strategic role in strengthening supply chain resilience and supporting the UAE's energy security ambitions. This is what our partnership with Mubadala stands for: building robust, future-ready industrial capabilities that deliver value to ADNOC and the region, whatever the circumstances."

The facility runs 24/7, threading and finishing lines, backed by rigorous safety and quality control systems. TBX Nexxia’s Sentinel® Prime technology is engineered for high-pressure, highly corrosive environments and certified to API CAL IV:2017, the most demanding qualification level for premium connections. More than 820,000 feet of tubular products have been deployed in wells, helping shorten delivery timelines for ADNOC. These capabilities exemplify how advanced connection technology and local manufacturing contribute to ADNOC’s operational requirements and supply chain reliability.

The visit follows Mubadala and Tubacex's announcement at Make it in the Emirates 2026, which marked the brand launch of TBX Nexxia as an integrated, end-to-end platform. Across its footprint spanning the UAE, Spain and Brazil, the platform continues to invest in digitalization, smart manufacturing, energy efficiency and water recycling to meet the industry’s evolving requirements. Together, these initiatives support more efficient use of resources, consistent manufacturing quality and the platform’s long-term competitiveness.