November 23, 2020 (MLN): Avanceon FZE, a subsidiary of Avanceon Limited, has secured a multimillion-dollar long term purchase contract from a major oil company in the middle east.
As per the contract, Avanceon shall supply Hydraulic & PLC control panels on a call off basis as and when requested by the client.
According to the notification issued by the company to Exchange, Avanceon’s scope of work for this project will include:
Design, Engineering, Assembly, Testing and Delivery of Hydraulic and Safety PLC panels.
The PLC systems will be certified SIL 2/3 as per IEC 61508/61511.
Project Management, System Engineering, System Integration, Documentation, Drawings & Procedures
FAT of Hydraulic and Safety PLC Panels and Site Supervision of Installation
Commissioning and Operational Training for the End User
This contract further solidifies Avanceon position as a reputable and reliable technology partner within the oil and gas sector.
As a leading system integrator, Avanceon has been serving the oil and gas industry for more than three decades.
The company has an impressive history of delivering high end control, electrical and instrumentation projects for some of the biggest local and multinational oil & gas customers.
Avanceon’s long service history, strong project references and technically sound and innovative solutions played a major role in acquiring this project. Avanceon will be conducting a HAZOP study before the start of the project and comply with QHSE and local authority requirements to ensure all safety, quality, and environmental issues.
