Islamabad, Sep 11: Avanceon FZE, a wholly owned subsidiary of the Avanceon Limited (PSX: AVN), has secured a multi-million-dollar project to deliver state of the art energy solutions and services.
Avanceon stated in a notice to the Pakistan Stock Exchange (PSX) that the project’s acquisition highlights its dedication to providing the oil and gas industry in the Middle East and beyond with top-notch automation and control solutions.
The notification further stated that this initiative provides a path for a favorable impact on the group’s operations and value for its shareholders.