Ducab & Baker Hughes deal to manufacture Electrical Submersible Pumps for oil companies

  • Date: 05-Jun-2023
  • Source: GCC Business News
  • Sector:Oil & Gas
  • Country:UAE
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Ducab & Baker Hughes deal to manufacture Electrical Submersible Pumps for oil companies

Ducab, one of the UAE’s largest end-to-end energy solution providers and manufacturing businesses, has signed a Memorandum of Understanding (MoU) with Baker Hughes, an energy technology company, which will help accelerate the development and manufacturing of power cables for Electrical Submersible Pumps, acting as a dynamic solution for oil and gas customers, including ADNOC.

The MoU holds the possibility of a future agreement between Ducab and Baker Hughes specifically regarding Ducab’s potential role in manufacturing pumps for Baker Hughes in the UAE.

Mohamed Al Ahmedi

CEO – DMB “The agreement we have signed with Baker Hughes not only expands our network of partners but supports the development of cutting-edge products here in the UAE, in line with our ongoing commitment and support for the ‘Make it in the Emirates’ initiative. More widely, the agreement will help contribute to our national progress and further leverage the UAE’s competitive advantages. It reflects the attractiveness of the UAE’s industrial sector and the strength of local manufacturing.”

Mr. Charles Mellagui, CEO of the Cable Business Unit at Ducab Group, said that “We are constantly developing our products to keep pace with the growing needs of our customers and offer them added value. We are confident that the new