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Voltamp inks agreement with Petroleum Development Oman

Voltamp Power's products will be given purchasing priority by Petroleum Development Oman under the five-year agreement

Voltamp and PDO have inked a framework agreement in Oman [representational image].
Voltamp and PDO have inked a framework agreement in Oman [representational image].

A subsidiary of Voltamp Energy has signed a framework agreement with Petroleum Development Oman (PDO). 

Through the agreement, Voltamp Power's products will be given purchasing priority by PDO. 

The agreement extends for a period of five years. 

"No value is reflected in the agreement at present," Voltamp Energy said in a missive issued to the Muscat bourse.

"The value of purchases by PDO will depend upon their future purchase requirements," the missive continued.

 

PDO's agreement with Voltamp is a part of its commitment to support homegrown products and add local value to its operations. 

 

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Construction Week - Issue 746
Jul 20, 2019