BGR Energy Systems has terminated contract with State Company of Oil Projects (SCOP), Iraq with mutual consent of the Company and customer. The contract signed was for development of two gas fields viz., Akas and Al-Mansuria valued at $ 80.50 million.
BGR Energy Systems is engaged in supplying of systems and equipment and contracting turnkey engineering project. The company started as a joint venture between GEA Energietechnik GmbH, Germany and the promoter B G Raghupathy in order to produce and sell on-line condenser tube cleaning systems, debris filters and rubber cleaning balls used in thermal and nuclear power plants.
