Skip to content Skip to Search
Skip navigation

Tenaris opens $60m industrial complex in Abu Dhabi

Architecture, Building, Factory WAM
Etihad Tubulars will house a training centre for Adnoc engineers to improve their technical skills and knowledge

Tenaris, a global supplier of pipes for the oil and gas industries, has opened its AED220 million ($60 million) industrial complex in Abu Dhabi, a boost for the UAE government’s “Make it in the Emirates” initiative.

Etihad Tubulars, the newly established 200,000 sq m industrial complex in Abu Dhabi Industrial City, will house a training centre for Adnoc engineers, local talents and partners to improve their technical skills and knowledge. 

The complex will also have a pipe service yard for storage, inspection, and preparation of pipe products.

“Tenaris’s new complex in Abu Dhabi underscores our ongoing efforts to attract global companies to locally manufacture critical industrial products,” said Yaser Al Mazrouei, the executive director for people, commercial and corporate support at Adnoc. 

Paolo Rocca, chairman and CEO of Tenaris, said: “With this new facility, we will contribute to the UAE’s economic goals and strengthen the service we provide to Adnoc and the local energy industry.”

In the first full year since the launch of the Abu Dhabi Industrial Strategy in 2022, AED15.4 billion ($4.2 billion) in capital investments have been made in manufacturing facilities, moving to the in-production phase, a growth of 86 percent from a year earlier. 

The strategy aims to double the industrial sector to AED172 billion, create 13,600 skilled jobs and increase the emirate’s non-oil exports to AED178.8 billion by 2031.

Latest articles

A Turkish pistachio farmer. Prices for shelled pistachios have risen to $41 a kilo.

Chocolate trend sends Dubai nuts for Turkish pistachios

It may have started with a UAE resident trying to assuage her hunger cravings during pregnancy, but the latest taste sensation to sweep the Middle East and beyond is causing contractions in the supply of Turkish pistachios as demand for Dubai chocolate swells. Turkey is in line to post a record high pistachio harvest for […]

Water, Waterfront, Outdoors

RAK Properties revenue up 30% on new project launches

RAK Properties reported a 30 percent year-on-year increase in revenue to AED891 million ($242.6 million) in the first nine months of 2024. The top line growth was supported by Mina Al Arab’s project portfolio expansion across residential, commercial and hospitality projects. Net profit rose to AED133.4 million in the first nine months, up 21 percent, […]

Sefe CEO Dr Egbert Laege and Adnoc executive vice president Fatema Al Nuaimi sign the long-term LNG supply deal

Adnoc signs 15-year supply deal for Ruwais LNG

Adnoc, the Abu Dhabi state oil company, has signed its first long-term sales and purchase agreement for the lower-carbon Ruwais liquefied natural gas (LNG) project. The 15-year, 1 million tonnes per annum (mtpa) agreement was signed with Sefe Marketing and Trading Singapore, a subsidiary of Germany’s Sefe – Securing Energy For Europe – at the […]

Nvidia shares Jensen Huang

Sales of Nvidia stock soar in UAE in record rally

As Nvidia’s stock market value hit $3.65 trillion on Thursday to make it the world’s most valuable company, so shares are in hot demand among retail investors in the Gulf.  The Californian chipmaker overtook Apple, which previously held the record for the highest closing market capitalisation at $3.57 trillion on October 21. “It’s our most […]