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Signing two partnership agreements with “LUMMUS Technology” and “Wellmaster” of the USA

In the presence of the Chairman of the Board of Directors of Salem Balhamar Holding Group

His Excellency Mr. Salem bin Ahmed Balhamer, ICON Advance, one of the group companies, signed two partnership agreements with each of the American “Lemos Technology” and “Wellmaster” companies. Where the CEO of the Group signed the two agreements in the presence of the CEO of “ICON Advance” Mr. Abdullah Al-Yami.

The signing of the two partnership agreements comes within the framework of expanding the business of “ICON Advanced” in the Kingdom of Saudi Arabia, to have an active presence in the oil and gas sector, as well as drilling and exploration by providing the latest technologies and global expertise in this important vital sector. The two companies are among the most important international companies that provide Advanced services in this field.

ICON Advance has recently signed several agreements with major national companies such as the Olayan Group, Al Tamimi and Al Suwaidi, to manufacture heaters and heat exchangers that were designed by Limos Technology.

The American company LUMMUS Technology specializes in manufacturing heat transfer equipment, condensers, purification columns, distillation columns, heat exchangers, and various advanced technologies in this field. As a result of its high capabilities and long experience, it has obtained several contracts with major national companies, the most important of which is Sabic.

As for Wellmaster, it is an American oil well company that has been providing artificial lift solutions for gas since 1984. The company specializes in engineering and manufacturing the most sustainable artificial lift systems.

It also designs and manufactures premium products for the oil and gas industry. As a result of its long experience in this field and reliable research, Wilmaster has obtained approval to conduct a pilot test with Aramco for the manufacture, supply and installation of the gas piston lift system.

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