15th Sep 2015 06:44
LONDON (Alliance News) - Oil and gas industry software provider KBC Advanced Technologies PLC on Tuesday said it has secured a multi-million dollar reliability and maintenance deal with an unnamed Russian refiner.
KBC, which did not provide any specific details on the deal, said the award followed an initial study phase it conducted. The new contract is for 18 months.
It said the deal backs its financial expectations for its current full year.
"We are delighted to have been awarded this contract which demonstrates KBC's ability to secure major bottom line benefits for its clients during difficult economic conditions within the oil industry," said Kevin Smith, KBC's chief commercial officer.
By Sam Unsted; [email protected]; @SamUAtAlliance
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