Lahore: Avanceon, a leader in automation and digitalization, has secured $6.30 million in contracts from some of Pakistan's largest Oil Marketing Companies (OMC) for its Fuel Retail Business division, according to a report dated August 17, 2026. The orders aim to enhance efficiency, safety, and control across fuelling operations, reinforcing Avanceon's position as a trusted partner in the sector.

According to information available from the Pakistan Stock Exchange (PSX), the projects underscore the growing importance of automation, Automatic Tank Gauging (ATG) systems, and digitalization in Pakistan's downstream energy market. With over 10,000 fuel stations nationwide and petroleum demand growing by 10-20% annually, the sector is moving towards greater digitalization and standardization, making compliance and transparency crucial for OMCs.

Avanceon has deployed its technology at over 1,500 sites nationwide and captured more than 80% of the automated fuel pump market in 2026. The company sees a strong platform for sustained growth, driven by new deployments, system upgrades, regulatory compliance, remote monitoring, digital fuel management, and lifecycle services.

The expanding installed base is expected to generate a growing recurring revenue stream through preventive and corrective maintenance, software, support, and system upgrades. With its proven technology expertise and established relationships with OMCs, Avanceon is well-positioned to lead Pakistan's transition toward connected, compliant, and data-driven fuel retail operations.

The scope of work for these projects includes Automatic Tank Gauging (ATG), fuel dispenser automation, compliance with regulatory and industry requirements, centralized head office visibility and control, and real-time pricing and inventory management to enable data-driven decision-making.