9 C
Bucharest
October 17, 2021
BUSINESS

Two orders for providing oil fiscal skids in Iraq and Bahrain of EUR 3 M

The companies in the region providing solutions, services and equipment for oil and gas processes gained in the last years a vast worked experience, South-Eastern Europe being a strategic region for energy transit, linking Eurasian supplies with large consumers in Western Europe. The region is also a significant energy consumer, accounting for 35% of total European energy demand. A recent example is the industrial automation and measurement systems Romanian company Syscom 18 that earlier this year received two orders for providing oil fiscal skids in Iraq and Bahrain. The value of the two projects is around three million euros. The deliveries will be made this spring and the Syscom 18 specialists will also provide commissioning at site. “The priority of process control Eastern Europe companies has been to invest in the development of their existing automation and control solutions. This is to fulfill the new European standards imposed on the region since accession to the EU and increase the productivity,” says Ion Andronache, the CEO of Romanian Company Syscom 18.

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