Recon Technology Secures $5.85 Million Contract for Major Gas Field Upgrades in Mid-Asia

Reuters08-05
Recon Technology Secures $5.85 Million Contract for Major Gas Field Upgrades in Mid-Asia

Recon Technology Ltd., a China-based provider of oilfield and low-carbon energy services, has secured a significant contract valued at $5.85 million to upgrade and retrofit automation systems for a large gas field in Mid-Asia. This contract, awarded to one of Recon's domestic affiliated entities, highlights the company's technical expertise and strong customer relationships in the oilfield automation sector. The services are slated for completion within the next calendar year, ensuring the sustained capacity supply of the operational gas field. CEO Shenping Yin expressed pride in winning the contracts amidst tough competition, marking an important milestone in Recon's international market expansion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Recon Technology Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN44428) on August 05, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment