Abu dhabi: Mubadala Investment Company and Tubacex Group have officially launched their joint venture, TBX Nexxia, in Abu Dhabi, marking the debut of the first regional manufacturing platform dedicated to advanced Oil Country Tubular Goods (OCTG) solutions. This new venture represents Tubacex's corrosion-resistant alloy (CRA) OCTG value proposition, delivered through an end-to-end industrial platform.
According to Emirates News Agency, the announcement was made at Mubadala's stand during the Make it in the Emirates 2026 event, highlighting Mubadala's commitment to localizing industrial capabilities. This initiative aims to strengthen the UAE's economic resilience and support the country's long-term energy ambitions.
Operating under the TBX Nexxia identity, the facility in Abu Dhabi is now fully operational and is the first of its kind in the Middle East, focusing on advanced CRA tubular solutions used in complex energy infrastructure. Located in the Industrial City of Abu Dhabi (ICAD), it enhances manufacturing capabilities closer to regional demand, ensuring a more reliable supply chain for essential energy projects.
The UAE facility is supported by mills in Spain and Brazil, establishing TBX Nexxia as a global provider of end-to-end solutions, from advanced materials design to tubular manufacturing and technical support. This development fulfills the strategic partnership announced by Mubadala and Tubacex in 2024, involving a US$200 million investment to establish an industrial platform in Abu Dhabi.
ADNOC, as the cornerstone client, has supported the activation by entrusting TBX Nexxia with the long-term supply of CRA tubulars for gas extraction and production within Abu Dhabi. This activation is significant as it addresses the global supply chain challenges by localizing essential sectors to ensure economic continuity and energy security.
By bringing advanced OCTG manufacturing onshore, Mubadala aims to reduce dependency on distant processing centers, shorten delivery timelines, and embed resilience into its industrial base. The platform supports energy infrastructure projects with specialized tubular solutions for high-performance and corrosive environments.
Local manufacturing enables faster response times and stronger operational continuity for strategic energy projects. It also promotes national priorities by expanding industrial activity, creating specialized jobs, and enhancing knowledge transfer in advanced manufacturing.
Dr. Bakheet Al Katheeri, CEO of the UAE Investments platform at Mubadala, stated that this project reflects Mubadala's commitment to building strategic industries that strengthen national resilience and economic competitiveness. Josu Imaz, CEO of Tubacex Group, emphasized the significance of TBX Nexxia's capabilities across Spain and Brazil to support customers effectively.
Omar Abdulla Alnuaimi, ADNOC Acting Group Chief, Commercial and ICV, acknowledged TBX Nexxia's role in localizing advanced piping solutions and strengthening the UAE's energy supply chains through ADNOC's In-Country Value program.
With a production capacity of 20,000 tonnes per year in CRA OCTG and a skilled workforce, TBX Nexxia is set to support regional energy infrastructure, reinforcing Abu Dhabi's status as a trusted industrial hub. The activation of TBX Nexxia exemplifies how long-term partnerships translate national ambitions into operational capabilities, contributing to the UAE's economic resilience.
The partnership aligns with Tubacex's ESG leadership, including high ratings in CDP Climate Change and S and P Global's ESG assessments, supporting its sustainability roadmap, Ambition 2030.