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.
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