News blog

KBC Advanced Technologies

  • BY: Andrew Hore |
  • POSTED: 15/12/2009 |

Oil refinery consultancy and software provider KBC Advanced Technologies is licensing its Petro-SIM refinery simulation software to Petrobras.

The Brazilian oil company will use the software for its Brazilian sites and some of its international ones. The three year licence contract is worth more than $4m. Petrobras has used KBC’s software in the past.

This contract means that KBC can meet expectations for 2009 – with just over a fortnight to spare.

Aviva recently sold more than 1m shares and reduced its stake to 4.92%. The date of the transaction was 11 December. The share price was 36p on that day. Since then it has risen to 40.5p, up 2.5p on the day, which values KBC at £23.2m.

© 2021 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at Subscribe to AIM Micro RSS Feeds