Avanceon secures three high-value contracts for Oil & Gas and Infrastructure projects in UAE

By MG News | November 27, 2020 at 03:42 PM GMT+05:00
November 27, 2020 (MLN): Avanceon FZE, a subsidiary of Avanceon Limited, has secured three high-value contracts for Oil & Gas and Infrastructure projects with multinational customers in UAE.
According to the details disclosed by the company, the subsidiary has been contracted to provide a state-of-the-art PLC system and upgradation solution for Ali & Sons Oilfield Supplies & Services Company, a key oil field in UAE. The total value of the project is approx. 1 M AED. The project is currently underway and Avanceon expects to complete it within the agreed timeline.
Avanceon FZE will also provide a Sophisticated Infrastructure Solution for New Residential Developments in KSA. The contract valued at approx.1 M SAR will have Avanceon provide a comprehensive Water & Wastewater Solution to the cities of Taif and Buraidah in provinces Makkah and Al Qassim. The projects are a part of the National Water Company initiative to provide the best water and wastewater services and improve quality across the Kingdom, the notice said.
Another project of approx.1 M AED will see Avanceon provide a sophisticated PLC & SCADA System for Ajman’s Wastewater Treatment Facilities.
These high-value contracts further solidify Avanceon position as a reputable and reliable technology partner within the oil and gas sector.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 125,627.31 258.99M |
1.00% 1248.25 |
ALLSHR | 78,584.71 1,142.41M |
1.16% 904.89 |
KSE30 | 38,153.79 69.25M |
0.63% 238.06 |
KMI30 | 184,886.50 91.38M |
0.01% 13.72 |
KMIALLSHR | 53,763.81 554.57M |
0.54% 290.61 |
BKTi | 31,921.68 33.15M |
1.78% 557.94 |
OGTi | 27,773.98 9.65M |
-0.40% -112.21 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 108,040.00 | 109,565.00 107,195.00 |
555.00 0.52% |
BRENT CRUDE | 66.51 | 67.20 65.92 |
-0.29 -0.43% |
RICHARDS BAY COAL MONTHLY | 97.00 | 97.00 97.00 |
1.05 1.09% |
ROTTERDAM COAL MONTHLY | 107.65 | 107.65 105.85 |
1.25 1.17% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 64.87 | 65.82 64.50 |
-0.65 -0.99% |
SUGAR #11 WORLD | 16.19 | 16.74 16.14 |
-0.52 -3.11% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|