Photo Credit : WAM
Mubadala Investment Company and Tubacex Group have officially launched their joint venture, TBX Nexxia, marking the start of operations at a new advanced manufacturing platform in Abu Dhabi focused on Oil Country Tubular Goods (OCTG).
The announcement was made during Make it in the Emirates 2026, highlighting the UAE’s continued push to localise high-value industries and strengthen long-term economic resilience.
The facility, located in the Industrial City of Abu Dhabi (ICAD), is the first in the region dedicated to corrosion-resistant alloy (CRA) tubular solutions. These materials are critical for complex energy infrastructure, particularly in high-performance and corrosive environments.
Operating under the TBX Nexxia brand, the platform delivers a fully integrated, end-to-end solution — from advanced materials design to manufacturing, finishing, threading, and technical support. The Abu Dhabi operation is supported by Tubacex’s existing mills in Spain and Brazil, positioning the venture as a global supplier.
The project follows a $200 million strategic partnership announced in 2024 and signals a shift from planning to full operational capability within the UAE’s industrial ecosystem.
ADNOC has been confirmed as the cornerstone client, awarding TBX Nexxia a long-term contract to supply CRA tubulars for gas extraction and production projects in Abu Dhabi.
The move comes amid ongoing global supply chain challenges, with geopolitical tensions and logistics disruptions underscoring the need for local manufacturing. By producing advanced OCTG solutions domestically, the initiative aims to reduce reliance on overseas suppliers, shorten delivery timelines, and improve supply chain security.
Beyond manufacturing, the project is expected to contribute to job creation and skills development in specialised fields such as metallurgy, engineering, and quality systems — strengthening the UAE’s industrial talent base.
Dr. Bakheet Al Katheeri, CEO of UAE Investments at Mubadala, said the initiative reflects a long-term strategy to build strategic industries that enhance national competitiveness and energy security.
Tubacex CEO Josu Imaz noted that TBX Nexxia consolidates the company’s CRA OCTG capabilities under one unified platform, enabling greater reliability and technical proximity for clients across the energy sector.
Meanwhile, Omar Abdulla Alnuaimi said the launch supports ADNOC’s In-Country Value (ICV) programme by accelerating domestic manufacturing and creating sustainable economic value.
With an annual production capacity of 20,000 tonnes, TBX Nexxia is expected to play a key role in supporting regional energy projects while reinforcing Abu Dhabi’s position as a global industrial hub.
The launch aligns with national initiatives such as Operation 300bn, demonstrating how strategic partnerships are translating into tangible industrial growth and long-term economic impact.
