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 | 138,597.36 256.32M | -0.05% -68.14 |
ALLSHR | 85,286.16 608.38M | -0.48% -413.35 |
KSE30 | 42,340.81 77.13M | -0.03% -12.33 |
KMI30 | 193,554.51 76.19M | -0.83% -1627.52 |
KMIALLSHR | 55,946.05 305.11M | -0.79% -443.10 |
BKTi | 38,197.97 16.53M | -0.59% -225.01 |
OGTi | 27,457.35 6.73M | -0.94% -260.91 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 117,670.00 | 121,165.00 117,035.00 | -1620.00 -1.36% |
BRENT CRUDE | 69.23 | 70.77 69.14 | -0.29 -0.42% |
RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 2.20 2.33% |
ROTTERDAM COAL MONTHLY | 104.50 | 104.50 104.50 | -0.30 -0.29% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
CRUDE OIL - WTI | 66.03 | 67.54 65.93 | -0.20 -0.30% |
SUGAR #11 WORLD | 16.79 | 17.02 16.71 | 0.05 0.30% |
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 |
---|