Avanceon secures three high-value contracts for Oil & Gas and Infrastructure projects in UAE
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 | 168,953.71 137.85M | -0.89% -1525.24 |
| ALLSHR | 101,913.00 653.00M | -0.95% -972.54 |
| KSE30 | 50,350.49 53.41M | -1.04% -527.12 |
| KMI30 | 241,458.68 47.12M | -1.01% -2459.18 |
| KMIALLSHR | 66,152.24 285.01M | -0.89% -591.11 |
| BKTi | 45,807.84 15.71M | -1.10% -509.63 |
| OGTi | 34,908.25 5.34M | -0.88% -310.37 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 64,000.00 | 64,325.00 59,600.00 | 3485.00 5.76% |
| BRENT CRUDE | 94.64 | 98.08 93.64 | 1.55 1.67% |
| RICHARDS BAY COAL MONTHLY | 125.00 | 125.25 125.00 | 2.60 2.12% |
| ROTTERDAM COAL MONTHLY | 137.00 | 138.05 137.00 | 3.00 2.24% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 91.58 | 95.47 90.39 | 1.04 1.15% |
| SUGAR #11 WORLD | 14.15 | 14.36 14.12 | 0.01 0.07% |
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 |
|---|