8. The Al Mansoori oil company has teamed up with the Hilong Group of China to establish a massive drill manufacturing plant that will manufacture Oil Country Tubular Goods (OCTG) for an oil finishing plant in Abu Dhabi.
9. These valuable parts can then be marketed and sold throughout the oil producing Gulf countries and on to the international markets.
10. The joint venture Company will be named, Al Mansoori Hilong Petroleum Pipe Company and will be located in ICAD-I in Abu Dhabi.
13. Create an OCTG finishing plant that will have a finishing capacity of 50,000 MT which is projected to increase to 100,000 MT within two years.
14. This will be the biggest and most technologically advanced drill pipe and OCTG end finishing plant in the entire region.
15. Once the company is complete it will begin specializing in drill pipe manufacturing, internal coating, and OCTG finishing.
16. The plant will have the best and newest technological drilling tools in the world.
17. The company will provide high quality products of all API standards and specially customized drilling tools.
18. Hilong group is the leading Chinese manufacture of petroleum pipe and petroleum equipment for China and overseas.
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22. The market for this type of manufacturing plant is essential to companies in the GCC.
23. The economic book in Saudi Arabia contains a nearby manufacturing plant that can supply materials to the kingdom and profitable venture.
24. Virtually all of the oil producing countries within the GCC will be potential customers.
25. The GCC will enjoy the same status quo that many of the Western oil producing countries enjoy.
26. Oil Country Tubular Goods (OCTG) exist in a few different varieties. The manufacturing plant will produce all of the varieties of Oil Country Tubular Goods (OCTG).
29. Our techniques should be modeled after other standard companies including those in other countries such as China.
30. Oil Country Tubular Goods (OCTG) must adhere to certain standards before they can be sold on the international market.
31. A focus should be placed on environmental engineering so that all products are environmentally sound.
32. Abu Dhabi is situated in a very good location for international prospects to exist.
33. Many of the European countries that currently deal with China and Mexico could now have the opportunity to buy from the Middle East instead the massive expense of importing tubing from the abroad.
34. Marketing general terms and conditions shall apply to selling the materials just as the have applied in the UAE importing polices.
35. In the past the UAE has had to be very concerned with the standards of imported goods. Now they we must work hard to insure that we produce high quality and highly effective products.
39. Engineering standards and exporting standards should continue to rise to the status of excellent so that the plant will receive an excellent reputation for the products exported.
40. A uniform design should be established and carefully followed throughout the manufacturing phase of all products.