Bid & Tender

theenergyinfo - News

DGH Invites Proposals to Establish E-Platforms for Natural Gas Bidding

Date : Oct 22, 2020

The Directorate General of Hydrocarbons (DGH) has invited proposals from agencies to set up e-platforms for natural gas bidding.

 

This follows a Union Cabinet decision to standardise the format for sale of natural gas from discoveries where pricing freedom has been allowed.

 

The sale of gas can be carried out through any one of the empanelled agencies that it shortlists.

 

According to DGH’s terms, the agency should have experience in conducting e-auctions for any of the commodities such as coal, oil and gas, minerals, ores, stores, and machinery equipment.

...

Read more

Saudi Arabia’s Advanced Gas Technology Saves Energy

Date : Oct 22, 2020

The Master Gas System (MGS) led to Saudi Arabia to save more than 18 billion cubic feet per day of gas in 2018 and meet growing energy demands, experts have said.

 

Majed Al-Suwailem, a leading researcher at...

Read more

NTS Group of UAE Acquires Amega West Services

Date : Oct 22, 2020

UAE-based NTS Group has acquired Amega West Services, a market leader in the manufacture, repair and rental of legacy and specialised drilling equipment used in offshore and land-based oil and gas extraction applications, from Carpenter...

Read more

Hero Future Energies Plans to Sell 900 MW PPAs

Date : Oct 22, 2020

Hero Future Energies is planning to sell 900 MW of its power purchase agreements (PPAs).

 

The company has started talks with investors such as KKR, Actis,Temasek-backed O2 Power and the UK’s CDC-owned Ayana...

Read more

Planned Gas Investments in Mena Increase by 29% - Apicorp

Date : Oct 21, 2020

Despite a global demand shock, the Mena (Middle East and North Africa) region’s committed gas investments held steady compared to last year with planned investments increasing by 29% to reach $126...

Read more

Proserv Signs Strategic Alliance Agreement with Synaptec

Date : Oct 21, 2020

Leading controls technology company Proserv Controls, with sites across the Arabian peninsula and which last month rolled out a new regional hub in Abu Dhabi, has signed a strategic alliance with power system monitoring leader Synaptec to...

Read more

Saudi Arabia's NCB in Merger Deal with Samba

Date : Oct 20, 2020

Saudi Arabia’s National Commercial Bank (NCB) and Samba Financial Group (Samba) has announced that they have entered into a binding agreement to merge.

 

If approved by shareholders and regulators, the...

Read more

Oman Inks Exploration/Production Deal for Oil Block 70

Date : Oct 20, 2020

Oman's Ministry of Energy and Minerals has signed a new Exploration and Production Sharing Agreement (EPSA) for the Block 70 concession, which occupies an overall area of 639 sq km.

 

The agreement was...

Read more

Dubai’s Drydocks World Begins Production on Lekki SPM Project

Date : Oct 20, 2020

Dubai’s Drydocks World held a steel-cutting ceremony to commence production on single point mooring buoy “Lekki SPM Project” planned to be installed in the petroleum product handling facility at the Lekki Free Trade Zone in...

Read more

Oil Market to Rebalance by 2022 – Aramco CEO

Date : Oct 20, 2020

Amin Nasser said China would once again be the focus of attention and would account for most of the rebound, along with other developing countries in East Asia and other parts of the world. While Nasser warned that spending cuts could...

Read more

Karoun Company Realizes Production Plan in H1

Date : Oct 22, 2020

The CEO of Karoun Oil and Gas Production Company (KOGPC) announced the realization of 101% of the company's crude oil production plan in the first half of the current calendar year, which began on March 21.   According to the National Iranian South Oil Company (NISOC), Gholamreza Mofidi said his company’s output exceeded its planned production during the period despite the difficulties caused by the sanctions and while observing environmental and safety requirements.   He added: "By carrying out repair measures and intensifying control procedures, another valuable achievement was achieved in collecting associated petroleum ga...

Read more

Andhra Pradesh Solar Park in Kadapa: Lowest Bid at Rs 2.7 Per Unit

Date : Jul 09, 2018

Three companies backed by global financiers have bagged the tenders to build 750 MW of solar power projects in Kadapa, Andhra Pradesh, with the lowest bid under the reverse auction process coming in at Rs 2.7 a...

Read more

Oman to Procure New Solar, Wind Projects Over Next 7 Years

Date : Jul 09, 2018

Driven by a commitment to ensuring a minimum 10 per cent share of power generation capacity from renewable energy (RE) resources, Oman Power and Water Procurement Company (OPWP) — the sole off-taker of electricity and water...

Read more

KEPCO Shortlisted to Bid for Saudi Nuclear Project

Date : Jul 06, 2018

State-run utility Korea Electric Power Corp (KEPCO) had been shortlisted to bid for a nuclear project in Saudi Arabia along with the United States, France, China and Russia, said South Korea's energy...

Read more

IGAT- 6 Gas Pipeline Fully Operational

Date : Jul 06, 2018

Iran fully launched the sixth gas trunkline (IGAT-6) which will play a key role in the country's gas exports to Iraq, managing director of the National Iranian Gas Company (NIGC) said.

 

Hamidreza Araqi added a major...

Read more

Govt Plans to Make Local Manufacturing a Key Element for Large Solar Power Projects

Date : Jul 06, 2018

The government plans to make local manufacturing of equipment a key element in tenders for large solar power projects, even as the country aims to add close to 500 gigawatts of renewable energy capacity by 2030, senior officials...

Read more

Barakah Nuclear Plant Start-up Depends on Review

Date : Jul 05, 2018

The United Arab Emirates’ nuclear regulator said the start-up of a reactor at the country's first nuclear power plant, which has already been delayed, would depend on the outcome of further reviews of the...

Read more

ACES Completes Geotechnical Probe for Shoaiba Desalination Plant

Date : Jul 05, 2018

ACES Jeddah and ACES Khobar have successfully completed the marine (offshore) geotechnical investigation for the reverse osmosis water desalination plant in Shoaiba, Saudi Arabia.

 

The Shoaiba power and...

Read more

Ecoppia to Deploy 2,000 Panel Cleaning Robots in Bhadla Solar Park - Phase III & IV

Date : Jul 05, 2018

Ecoppia, a robotics company providing photovoltaic solar panel cleaning, has signed an agreement with SB Energy to install two thousand robots across its five project sites at the Bhadla Solar Park (Phase III & IV) in...

Read more

MRPL Buys First Iraqi Basra Heavy Crude from Shell

Date : Jul 04, 2018

Mangalore Refinery and Petrochemicals Ltd has bought its first cargo of Iraqi Basra Heavy crude from Royal Dutch Shell via a tender, two sources with knowledge of the matter said on Tuesday.

 

MRPL is likely...

Read more

Important Government Announcements for India’s Solar Sector in June 2018

Date : Jul 03, 2018

June 2018 witnessed some important policy announcements in the renewable energy sector, especially solar. These announcements and policy updates, made by both central as well as state governments, have helped clear...

Read more

Bid & Tender

Flash News