Ducab Group has signed an MoU with Baker Hughes for developing and manufacturing power cables for electrical submersible pumps. A part of the ‘Make it in the Emirates’ initiative, the MoU also holds the potential for a future agreement regarding Ducab’s involvement in manufacturing pumps for Baker Hughes in UAE.
Jun 6, 2023
Ducab Group recently signed an MoU with Baker Hughes to work towards the development and manufacturing of power cables for electrical submersible pumps. This collaboration aligns with the ‘Make it in the Emirates’ initiative, and will provide a solution for oil and gas customers, including ADNOC. The ‘Make it in the Emirates’ initiative unites major industrial companies and enablers in the UAE to facilitate sharing of procurement plans, investment opportunities, and foster local manufacturing. The MoU also holds the possibility of Ducab’s involvement in manufacturing pumps for Baker Hughes in the UAE.
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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 Electrical Submersible Pumps, 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.