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Oil Country Tubular Limited.

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Oil Country Tubular Limited. - Energy & Power showcase

Industry

Energy & Power

Services

Drill Pipe
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Oil Country Tubular Limited. Employee Contacts

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Oil Country Tubular Limited. Overview

Oil Country Tubular Limited was established in 1985. At OCTL, the complete processing activity is concentrated in a single unique integrated Plant located at Narketpally, India. with corporate headquarters in Hyderabad, India. The facilities include Upsetting, Heat Treatment, Non-Destructive Testing, Metallurgical Laboratory, Gauging and Calibration Laboratory, Tool Joint and Coupling Threading, Casing and Tubing Threading, Friction Welding of Drill Pipe, Hydrostatic Testing, Collapse Pressure Testing and Internal Plastic Coating of Tubulars.

The company operates in three broad business segments, namely, quality, products, and services. The products segment offers an array of products such as drill pipe, heavy weight drill pipe, drill collars, tubing, casing, high collapse casing, accessories and drill rods. They compete with manufactures such as DP Master Manufacturing Pvt Ltd. (China), Drill Pipe International Llc. (USA), Hilong Group. (China), NOV (U.S.A).

Strategy

The company sees new product launches as key strategy and continued partnership & collaboration of its services to the existing global network. OCTL believes in the principle of continuous improvement, which is put into practice at every level in the organization. It is OCTL's continuous endeavour to improve the quality of its products and services to the satisfaction of its customers, by adopting the latest manufacturing practices and technical improvements.

Company Snapshot

$60.03M

Revenue

SWOT Analysis

Strengths

  • Strong investment in manufacturing & research
  • Wide range of products
  • Hi-tech manufacturing facility

Weaknesses

  • No major global presence & operations.
  • The company revenue has gradually decreased in past 3 years
  • Small market share globally.

Opportunities

  • Growing demand for oil & gas.
  • E&P operations in Arabian sea gives a huge opportunity to the company
  • Implementation of modern drill pipe manufacturing technology

Threats

  • Volatility in global inflation rates.
  • Developments in renewable energy sector
  • Other global players

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Product Offering

  • Oil Country Tubular Limited.
    • Drill Pipe

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: SBU breakup-0 fell from USD 60 Mn in 2014 to USD 24.8 Mn in 2016.
Oil Country Tubular Limited. — By Business Segment
Series (USD Mn)201420152016
SBU breakup-06042.224.8

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