JHESL

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About Jindal Hunting Energy Services Limited

Incorporated on 07th March 2022, Jindal Hunting Energy Services Ltd. is a transformative joint venture between Jindal SAW Ltd. and Hunting Energy Services Pte Ltd., aligned with India’s vision of AatmaNirbhar Bharat (Self-Reliant India).

 

JHESL operates from its cutting-edge Centre of Excellence facility situated in Nashik, Maharashtra, where it excels in the production and supply of pipes, tubes, and premium connections designed for the Oil Country Tubular Goods (OCTG) sector. As the foremost and solitary establishment of its kind in India, it fulfils the specific requirements of this vital industry.

The company’s versatility extends to threading Hunting’s premium connections, covering a wide spectrum of materials, including various iron and steel grades, alloy steel, and value-added exotic grades. JHESL’s manufacturing facility boasts cutting-edge machinery, benchmarked against global standards. It also features a high degree of automation and sophisticated testing capabilities, ensuring the production of top-quality products to meet the stringent standards of the oil and gas industry.

 

Strategically situated within the seamless tube facility of Jindal SAW Ltd. Nashik, Maharashtra, the facility is poised to attain an annual threading capacity of 70,000 metric tons of OCTG.

Jindal Hunting Energy Services Ltd. stands at the forefront of India’s quest for self-reliance in the energy sector, providing quality OCTG products and services while contributing to the nation’s economic growth and energy security.

About Hunting Energy Services

Hunting Energy Services are manufacturers of premium, high end downhole metal tools and components required to extract hydrocarbons across the well construction, completion and intervention stages of the well’s lifecycle. The Company’s broad range of products and associated services spans the lifecycle of the wellbore, irrespective of whether it is intended for oil, gas, onshore or offshore, conventional or unconventional.

About Jindal SAW Ltd.

Jindal SAW Ltd. is a leading global manufacturer and supplier of Steel pipe products, fittings and accessories with manufacturing facilities in India, USA, Europe and UAE. They manufacture Seamless Carbon & Alloy Steel pipes and tubes in their state of the art manufacturing facility at Nashik for Casing / Tubing & Linepipe application for the oil and gas sector. They also produce SAW Pipes (Submerged Arc Welded Pipes) for the energy transportation sector and Ductile Iron (DI) pipes & fittings for water and wastewater transportation.

Milestones

1984

Founded

1986

UOE Pipe Mill
Commissioned - Kosi Kalan

Commissioning of 1st and only UOE Pipe Mill manufacturing LSAW Pipes in Kosi Kalan, India with capacity of 250,000 M.T.per annum located about 1200 Kms from nearest west coast port of India.

1988

API Pipe Produced

API Line Pipe production commences

1989

Executed First order - ONGC

First order for ONGC casing Pipe Completed.

1992/93

Executed Offshore Project - ONGC

3 major offshore projects awarded by ONGC under international competitive bidding. Italian and Japanese being L2 and L3 bidders

1994

Seamless Pipe Mill
Commissioned - Nashik

Seamless Pipes and Tubes Division Commissioned at Nashik.

1st Coating Plant Commissioned – Kosi Kalan

1st Coating plant commissioned at Kosi Kalan

1995

1st Export Order Received

Received first export order.

1998

Induction Bending
Plant Commissioned - Kosi Kalan

1st Induction bending plant commissioned at Kosi Kalan.

2000

JCO 1 Pipe Mill Commissioned - Nanakapaya

Commissioning of 2nd LSAW pipe manufacturing facility as 100% export oriented unit using JCO forming process at Nanakapaya, Mundra to meet export market with capacity of 300,000

1st Internal Coating Plant Commissioned – Kosi Kalan

Internal coating plant commissioned at Kosi Kalan.

2nd Coating Plant Commissioned – Nanakapaya

Commissioning of 2nd Coating plant at Nanakapaya – Port Mundra

2002

1st CWC Plant Commissioned - Nanakapaya

Concrete weight coating plant commissioned at Nanakapaya – Port Mundra

2003

3rd Coating Plant Commissioned - Samaghogha

Commissioning of 3rd Coating plant at Samaghogha, Mundra

2004

JCO II Pipe Mill Commissioned - Samaghogha

Commissioning of 3rd Pipe mill manufacturing LSAW Pipe using JCO forming process in Samaghogha, Mundra with capacity of 250,000 M.T.per annum

2005

Spiral 1 Pipe Mill Commissioned - Samaghogha

Commissioning of 4th Pipe mill manufacturing HSAW (Spiral) Pipe at Samaghogha, Mundra with capacity of 150,000 M.T.per annum

1st DI Pipe Mill Commissioned – Samaghogha

Start up of Integrated Pipe Unit Ductile Iron Pipe manufacturing plant of 200,000 M.T.per annum capacity along with Blast Furnace of 250,000 M.T.per annum capacity and a Coke Oven Plant.

2007

Coating & Double Jointing Plant Setup - Baytown, USA

Set up Coating and DJ facility in Baytown, USA

2008

Spiral II Pipe Mill Commissioned - Samaghogha

Commissioning of 5th & 6th Pipe mill manufacturing HSAW (Spiral) pipe at Bellary – Karnataka and Samaghogha-Mundra with combined capacity of 390,000 M.T.per annum.

Spiral III Pipe Mill Commissioned – Bellary

2nd Induction Bending Plant Commissioned – Samaghogha

2nd Induction bending plant commissioned at Samaghogha, Mundra

2009

JCO III Pipe Mill Commissioned - Nanakapaya

Commissioning of 7th Pipe mill manufacturing LSAW using JCO forming in Nanakapaya – Port Mundra with capacity of 300,000 M.T.per annum.

2011

Spiral IV Pipe Mill Commissioned - Kosi Kalan

Commissioning of 8th Pipe mill manufacturing HSAW (Spiral) pipe at Kosi Kalan, Mathura, U.P with capacity of 150,000 M.T.per annum. This mill is commissioned to cater to the water sector.

DI Pipe Mill Leased – Italy

Operation lease of DI Pipe facility in Italy

Start of Mining – Bhilwara Rajasthan

2012

Crusher & Beneficiation Plant Commissioned at Bhilwara

2013

2nd DI Pipe Mill Commissioned - Abu Dhabi, UAE

Commissioning of 300,000 M.T.per annum Ductile Iron Pipe Facility in Abu Dhabi, UAE.

Pellet Plant Commissioned at Bhilwara

2014

Acquistion: Two Spiral Mills in USA from PSL NA

Jindal Tubular USA LLC acquired assets of PSL NA, 9th & 10th Pipe Mill.

2015

OMM Agreement: 11 Spiral Mills in India from PSL Ltd.

Jindal Tubular India Limited: O & MM arrangement of
1.4 M.T.per annum Spiral facility in India.

Corporate governance

Jindal Saw Considers Corporate Governance As One Of Its Strengths That Has Been The Prime Reason Behind The Organization’s Success.

 

We Believe In Being Fair And Transparent While Maintaining Full Disclosure Of Our Policies. This Is Done With Utmost Integrity And Accountability While Addressing Grievances, If Any. At Jindal Saw Ltd., The Essence Of Corporate Governance Is Based On The Following Key Aspects:

Accountability & Responsibility

The executive management of the Company is accountable to the Board of Directors, which in turn is accountable to shareholders and other stakeholders, including customers, employees, vendors, creditors,,,

and to society and the general public at large. The Company also believes that high levels of
accountability are ensured by vesting decision-making powers at appropriate levels of the organizational
hierarchy. Hence, empowerment is an integral part of the Company’s philosophy of corporate governance.

The management must be given the executive freedom to drive the Company forward, towards its goals,
objectives and vision, without undue restraints. This freedom of management must be exercised prudently within a framework of effective accountability.

Transparency & Disclosure

The Company believes that transparency means that all the policies, decisions and actions are clearly explained to those to whom the Company is responsible, in particular, those who are affected by such policies, decisions and actions….

The Company believes that transparency means that all the policies, decisions and actions are clearly explained to those to whom the Company is responsible, in particular, those who are affected by such policies, decisions and actions. Accordingly, such transparency is implemented through proper disclosures, at the same time ensuring that the Company’s strategic interests are not jeopardized. In practice, this is achieved through strong MIS, robust internal controls, an active audit committee and strict adherence to procedures by the Board of Directors.

Integrity & Fairness

The management’s freedom should be exercised within a framework of checks and balances. Accordingly, the Company will conduct its affairs in a manner that ensures fairness to all stakeholders…

both internal as well as external. To this end, the Company has formulated ethical standards and evolved processes and methodologies that prevent the misuse of power and facilitate fair and effective management.

Stakeholders Relationship Committee

For Jindal SAW Ltd., all stakeholders are of critical importance and Company reaches out to all stakeholders to make appropriate disclosures at regular intervals and take all necessary steps for an expeditious remedy…..

For Jindal SAW Ltd., all stakeholders are of critical importance and Company reaches out to all stakeholders to make appropriate disclosures at regular intervals and take all necessary steps for an expeditious remedy of any of their grievances. The Company has Stakeholders Relationship Committee to specifically look into any complaint of shareholders/ investors and deals with all issues relating to investors grievance, including transfer of shares, non-receipt of dividends, issue of duplicate shares etc. The Company also has a special cell for investors who have fixed deposits with Company to address all their queries and attend to all their grievances.

Code of

Conduct

Company has evolved the following code of conduct for its Directors and Senior Management.