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Tan Delta Systems PLC ( (GB:TAND) ) has shared an update.
Tan Delta Systems PLC has announced a strategic partnership with Core Arabia, a member of the Zahid Group, to expand its oil condition monitoring technology in Saudi Arabia and Bahrain. This collaboration aims to leverage Core Arabia’s established presence in the industrial, oil and gas, and manufacturing sectors to deliver real-time oil condition analysis solutions. The partnership is expected to drive the adoption of advanced condition monitoring technologies, helping customers reduce maintenance costs, improve equipment uptime, and extend asset life. This move aligns with Saudi Arabia’s Vision 2030 by enhancing local capabilities and supporting the oil and gas supply chain.
More about Tan Delta Systems PLC
Tan Delta Systems is a UK-based technology leader specializing in real-time oil condition monitoring. Their patented sensor technology and predictive analytics serve various sectors, including power generation, marine, manufacturing, and transportation, helping businesses reduce downtime, prevent equipment failure, and optimize maintenance. Tan Delta’s solutions are globally trusted by OEMs and end-users to enhance performance and lower environmental impact.
Average Trading Volume: 7,199
Technical Sentiment Signal: Sell
Current Market Cap: £12.81M
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