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Dubai, U.A.E – 18th December 2023 TGT announced today that it has successfully achieved the first batch assembly of their diagnostic technology in the UAE. This milestone is part of TGT’s major investment in a new technology hub slated for opening in Khalifa Economic Zones early 2024. Commenting on the development, TGT’s chairman and CEO, Saad Bargach said, “This is an important step in our ongoing commitment to manufacture within the UAE from 2024 onwards, as we expect to complete our new UAE Technology Hub and secure our “Made in UAE” commercial license within the next few months. Implementing these flagship resources within the UAE reflects our commitment to the UAE and the Middle East region, and to diversifying our business internationally so we can serve our clients better. We are particularly looking forward to establishing collaborative research and commercial projects with local universities and energy companies.” TGT has already begun construction of its new UAE Technology Hub under an agreement with the Khalifa Economic Zones Abu Dhabi KEZAD Group, after announcing its intentions to invest in the region earlier this year. The new technology hub will be home to TGT’s scientific and engineering resources, research and development, information technology, software and AI development, manufacturing, maintenance, quality assurance, and headquarter functions. The first batch of diagnostic equipment assembled in UAE has been fully tested and delivered for use within TGT’s regional business units. The company has had a hugely successful 2023 and has an order book for significant volumes of new diagnostic systems to serve further demand increases in 2024 and beyond. About TGT Diagnostics TGT creates powerful diagnostic systems that are essential to the delivery of hydrocarbons and energy. Oil and gas producers globally rely on TGT’s diagnostic insights and expertise to help them decarbonise their operations and keep wells safe, clean, and productive. TGT’s diagnostic systems are organised in two domains, True Flow and True Integrity, each aimed at diagnosing flow and integrity dynamics throughout the entire well-reservoir system. Headquartered in Dubai, UAE, the company employs ~350 analysts, engineers, scientists, and support staff, with offices and global operations in Africa, North & South America, Asia, Europe, UK, and the Middle East.
Abu Dhabi, U.A.E – 17th May 2023 TGT Diagnostics today announced it has signed an agreement to build a new Technology Hub in Abu Dhabi. The category leader in diagnostics for the hydrocarbon energy sector said it will make a significant investment in a new state-of-the-art facility under an agreement with Khalifa Economic Zones Abu Dhabi KEZAD Group. The new UAE facility is a major investment for TGT as it moves to strengthen its ties with customers and partners in the Gulf region and beyond. With the aim of being fully functional by year end, the new technology hub will be home to TGT’s scientific and engineering resources, research and development, information technology, software and AI development, manufacturing, maintenance, quality assurance, and headquarter functions. Saad Bargach, TGT’s Chief Executive Officer commented, “At TGT, we provide essential diagnostics that help our customers keep wells safe, clean, and productive. Our new technology hub will, for the first time, bring together our R&D, engineering, manufacturing, and corporate functions under one roof. This will enable several synergies and provide the perfect platform for future growth. With growth plans in mind, we will recruit and develop the best talent at all levels of the organisation and continue to develop the category-leading diagnostic systems we are famous for.” As well as expanding TGT’s network in the region, the new high-tech manufacturing centre within the hub will enable the company to meet the ever-growing demand for its unique diagnostic systems and products across the Americas, Asia, Europe, Africa, and the Middle East. The company is on target to launch its first full production series of UAE-made diagnostic systems by 2024. About Us TGT Diagnostics creates powerful diagnostics that are essential to the delivery of hydrocarbons and energy. Oil and gas producers globally rely on TGT’s technology and products to help them decarbonise their operations and keep wells safe, clean, and productive. The company is headquartered in the UAE and has offices and operations in multiple locations including Africa, North & South America, Asia, Europe, and the Middle East.