Abu Dhabi – Mubadala Investment Company and Tubacex Group have announced the full operational launch of their joint venture in Abu Dhabi, activating a regional manufacturing platform for advanced Oil Country Tubular Goods (OCTG) solutions.
The launch also marks the rollout of TBX Nexxia, the new brand for Tubacex’s corrosion-resistant alloy (CRA) OCTG offering, delivered through an end-to-end industrial platform spanning Abu Dhabi, Spain and Brazil.
The announcement was made during Make it in the Emirates 2026, highlighting efforts to localise manufacturing and strengthen the UAE’s industrial base.
The Abu Dhabi facility, located in ICAD, is now fully operational and is described as the first platform of its kind in the Middle East focused on advanced CRA tubular solutions used in complex energy infrastructure. The facility is supported by Tubacex’s global network, including mills in Spain and Brazil, enabling integrated capabilities from materials design and manufacturing to finishing, threading and technical services.
The development operationalises a strategic partnership first announced in 2024, which included a $200 million investment to establish an industrial platform in Abu Dhabi aligned with national manufacturing priorities.
ADNOC has been named the cornerstone client, awarding TBX Nexxia a long-term contract to supply CRA tubulars for gas extraction and production projects in the emirate.
The initiative comes amid growing concerns over global supply chain disruptions, driven by geopolitical tensions and logistics volatility. Officials said localising OCTG manufacturing will help reduce dependence on overseas processing, shorten delivery timelines and improve supply chain resilience for critical energy projects.
The platform is expected to support both conventional and lower-carbon energy infrastructure by delivering specialised tubular solutions designed for high-performance and corrosive environments. It is also aimed at boosting domestic industrial capacity, creating skilled jobs and facilitating knowledge transfer in advanced manufacturing fields.
Dr. Bakheet Al Katheeri, CEO of the UAE Investments platform at Mubadala, said: “This project reflects Mubadala’s long-term commitment to building strategic industries that strengthen national resilience and economic competitiveness. By localizing advanced manufacturing capabilities in Abu Dhabi, we are helping create a stronger industrial base that supports energy security, develops technical expertise, and enables long-term value creation for the country.”
Josu Imaz, Chief Executive Officer of Tubacex Group, said: “TBX Nexxia brings together our CRA OCTG value proposition under a single identity, delivered through an end-to-end industrial platform. With Abu Dhabi as the regional anchor and integrated industrial capabilities across Spain and Brazil, we are positioned to support customers with reliability, traceability and technical proximity across the full lifecycle of critical energy projects.”
Omar Abdulla Alnuaimi, Acting Group Chief, Commercial and ICV at ADNOC, said: “We welcome the launch of TBX Nexxia, which marks an important milestone in localizing advanced piping solutions and strengthening the resilience of the UAE’s energy supply chains. This achievement reflects how ADNOC’s In-Country Value program continues to drive domestic manufacturing, accelerate industrial growth, and create long-term value for the UAE.”
With an annual production capacity of 20,000 tonnes of CRA OCTG and a growing technical workforce, TBX Nexxia is expected to play a key role in supporting regional energy infrastructure, reinforcing Abu Dhabi’s position as an industrial hub.
The launch aligns with broader national initiatives such as Operation 300bn, aimed at accelerating industrial development and enhancing long-term economic resilience.
