What Tek Engineering does

TEK Engineering is a privately held Australian oilfield equipment services company headquartered in Canning Vale, Perth, Western Australia. It serves oil and gas operators, drilling contractors, and oilfield service providers (OFSE), with adjacent exposure to the mining and renewable energy sectors. Services are delivered onshore and offshore via a single integrated facility and through portable equipment deployed to client sites.

The company's core offering is built around four interconnected service lines: API-certified machine shop services (API Q1 and API 7-1 manufacture, API 7-2 repair of NC/REG/FH and proprietary premium connections from JFE, Grant Prideco, DP Master, voestalpine Tubulars, and TPCO); fully rotational torque bucking services up to 100,000 ft-lb; pressure testing and non-destructive examination (hydrostatic, gas, high-pressure up to 22,500psi, magnetic particle, ultrasonic); and asset management, preservation, and long-term storage of OCTG, drill tubulars, subsea IWOCS, and riser systems. The 4,450 m² Canning Vale facility — comprising a 2,000 m² hardstand, 2,000 m² high-bay workshop and warehouse, and 450 m² office — supports large-scale Site Integration Testing (SIT) and Factory Acceptance Testing (FAT) work scopes.

Revenue is generated through project-based professional service engagements priced on quote, with no publicly disclosed pricing model, contract value, or financial data. The go-to-market is direct enterprise field sales to WA-based upstream operators, drilling contractors, and OFSE clients. The company's competitive position rests on industry certifications (API Q1, API 7-1, ISO 9001), audited thread-form licences, and capital-intensive specialised equipment, rather than on scale or geographic reach.

Name

Tek Engineering

Legal name

TEK Engineering

Website

https://tekengineering.com.au

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

TEK Engineering is a Perth-based, privately held oilfield equipment services firm providing API-certified machining, bucking, pressure testing, and asset storage to oil and gas operators, drilling contractors, and OFSE clients in Western Australia.

Ownership category

akta.pro rank

Product category

Oilfield Equipment Engineering Services

NAICS

Electronic and Precision Equipment Repair and Maintenance (811210), Engineering Services (54133)

SIC

Services-Testing Laboratories (8734), Metalworkg Machinery & Equipment (3540)

akta.pro primary industry

Non-Destructive Testing (NDT) & Advanced Inspection (Phased Array, TOFD, Guided Wave) (EUAEAKAF)

akta.pro secondary industry

Third-Party Certification, Code Compliance & Regulatory Inspection (ASME/API/ISO) (EUAEAHAN)

Keywords

• Oilfield equipment machining
• API certified machine shop
• Drill pipe threading
• High pressure testing services
• OCTG manufacturing repair

Headquarters

HQ city

Canning Vale

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Engineering and Machining Services: API machine shop services including manufacture and repair of drilling and casing connections, threading, turning, hard facing, and grinding of OCTG, drill pipe, casing, pup joints, and downhole tools. Revenue generated through project-based service engagements.
2. Bucking Services: Makeup and breakout services for premium and non-premium threaded tubular equipment using fully rotational torque bucking machine. Handles casing, rotary shoulder connections, BHA assemblies, wellheads, and surface flow trees.
3. Pressure Testing and Inspection Services: Hydrostatic testing, gas testing, high-pressure testing, NDE including magnetic particle inspection and ultrasonic testing. Services provided at purpose-built facility or with portable equipment.
4. Asset Management, Preservation and Storage: Maintenance, refurbishment, preservation, packaging, and long-term storage services for OCTG, casing, completion accessories, drill tubulars, tools, and subsea equipment including IWOCS and Riser systems.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

TEK Engineering operates a fully licensed API Q1 and API 7-1 machine shop providing machining, repair, threading, bucking, pressure testing, and asset management services for drilling and casing connections, OCTG, drill pipe, and downhole tools used in the oil and gas, mining, and renewable energy sectors. Services are delivered from a purpose-built facility in Canning Vale, Perth, Western Australia.

Product overview

Tek Engineering offers an integrated portfolio of oilfield equipment services for the oil and gas, mining, and renewable energy sectors. The core offering centers on five interconnected service lines: Machine Shop Services (API Q1/7-1 and 7-2 certified manufacturing and repair of OCTG, drill pipe, and proprietary threaded connections), Bucking Services (fully rotational torque bucking machine for makeup/breakout of casing and rotary shoulder connections), Pressure Testing & Inspection (hydrostatic, gas, and high-pressure testing up to 22,500psi with NDE capabilities), Asset Management and Preservation/Storage (refurbishment and long-term storage of OCTG, subsea equipment, and completion accessories), and Engineering Design (in-house design and manufacturing drawings). The company also provides Site Integration Testing (SIT) and Factory Acceptance Testing (FAT) services leveraging their purpose-built Canning Vale, Western Australia facility. Services are delivered through a single unified operational model combining licensed machine shop, bucking equipment, pressure test bays, and extensive workshop/warehouse space.

Differentiator

Problem solved

Functional benefit

Products and services

• Machine Shop Services Fully licensed API Q1/7-2 machine shop offering manufacture to API 7-1 and repair to API 7-2 of drilling and casing connections, including NC/REG/FH and proprietary thread forms (JFE, Grant Prideco, DP Master, voestalpine Tubulars, TPCO). Services include threading, turning, hard facing, and grinding for drilling subs, drill pipe, casing, pup joints, and downhole tools. For oil and gas operators, drilling contractors, and OFSE companies.
• Bucking Services
• Pressure Testing & Inspection
• Preservation and Storage
• Asset Management
• Engineering Design
• Site Integration Testing (SIT) and Factory Acceptance Testing (FAT)

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Vallourec: French global leader in premium OCTG connections (including the VAM thread family that TEK is licensed to manufacture). Larger incumbent serving the same operator and OFSE customers with overlapping premium connection offerings.
• Tenaris: Luxembourg-headquartered global manufacturer of seamless OCTG and proprietary premium connections with Australian operations. Competes with TEK for the same drilling contractor and operator premium-connection work.
• TechnipFMC: Global subsea, surface and integrated services provider to the oil & gas industry. Adjacent incumbent with overlapping qualifications on high-pressure testing, SIT/FAT work scopes and subsea equipment services for Australian operators.
• National Oilwell Varco (NOV): US-listed global provider of equipment and components for oil & gas drilling, completions and production. Overlaps with TEK across drill string equipment, downhole tools and inspection services as part of a much broader portfolio.
• Worley Limited: ASX-listed Australian engineering and project services firm serving energy, chemicals and resources. Overlaps with TEK on engineering design and project delivery to the same Australian O&G and mining customer base.
• Forum Energy Technologies: US-based manufacturer of products and technologies for the oil & gas drilling, completions and production markets. Adjacent competitor in downhole tools, drilling tubulars and pressure-related equipment.

Direct peers

• Hunting PLC: UK-listed global supplier of OCTG, premium connections and drilling tools with significant Australian operations. Hunting directly overlaps TEK on premium connection threading, OCTG manufacturing and tubular services for operators and drilling contractors.
• Monadelphous Group: ASX-listed Australian engineering services provider to the resources, energy and infrastructure sectors. Most relevant domestic comparable on engineering, maintenance and on-site service delivery to Australian mining and energy customers.
• Bentec GmbH: German manufacturer of drilling rigs and downhole equipment (subsidiary of KCA Deutag). Comparable as a specialist drilling-equipment manufacturer serving operators and contractors with bespoke engineered solutions.
• Schoeller-Bleckmann Oilfield Equipment AG: Austrian manufacturer of high-precision components and downhole tools for the oil & gas industry. Closely comparable to TEK on specialised machining, directional drilling components and precision-engineered oilfield equipment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tek-engineering

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tek Engineering