Ducab, one of the biggest end-to-end energy solution providers in the UAE, and Baker Hughes have agreed to collaborate on the design and production of power cables for electrical submersible pumps (ESPs).
The MoU opens the door to future negotiations between Ducab and Baker Hughes on Ducab's conceivable production of pumps for Baker Hughes in the United Arab Emirates.
Mohamed Al Ahmedi, CEO of Ducab Metals Business said: “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.”
“For Ducab, it will act as a platform to accelerate the development and manufacturing of power cables for ESPs, acting as a dynamic solution for oil and gas customers. More widely, the agreement will help contribute to our national progress and further leverage the UAE’s competitive advantages,” he added.
He concluded: “It reflects the attractiveness of the UAE’s industrial sector and the strength of local manufacturing.”
Charles Mellagui, CEO for the Cable Business Unit at Ducab Group, said: “We are constantly developing our products to keep pace with the growing needs of our customers and offer them an added value. We are confident that the new cables for ESPs will serve to enhance operations for Adnoc, Borouge, and other leading oil and gas companies in the region.”