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QP Announces the Start of ICV Evaluation in Energy Sector Tenders

Date : Jul 06, 2020

Qatar Petroleum announced the commencement of In-Country Value evaluation in the energy sector tenders starting July 2020 through “Tawteen”, the localization program for services and industries in Qatar’s energy sector.

 

The ICV program will alter the way in which the procurement process is conducted in the energy sector, where suppliers and contractors who are contributing most to the local economy will gain a commercial advantage in the competitive bidding process.

 

The launch follows a six-month grace period that started from January 2020, and which gave suppliers the chance to acquire thei...

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Iraq's June Oil Exports fall to 2.8 mn bpd

Date : Jul 06, 2020

Iraq's oil exports in June fell to 2.8 million barrels per day (bpd) from 3.21 million bpd in May, said the oil ministry.

 

Exports from its southern Basra terminals totaled 2.7 million...

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IOCL Chairman Sanjiv Singh Retires, Vaidya Takes Over

Date : Jul 06, 2020

The state-owned Indian Oil Corporation (IOCL) on 1 July announced that chairman Sanjiv Singh has superannuated from the services of the company and hence ceased from his position from that day onward. In place of Singh, the company has...

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Oil India, Engineers India led Consortium to buy 48pc Stake in NRL

Date : Jul 06, 2020

An Oil India Ltd and Engineers India Ltd-led consortium will buy 48% stake in the Bharat Petroleum Corporation Ltd's subsidiary, Numaligarh Refinery Ltd (NRL). State-run refiner Bharat Petroleum Corporation Ltd (BPCL) holds 61.65% stake in...

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ADNOC CEO Discuss Investment Dynamics at World Government Summit

Date : Jul 03, 2020

His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC) discussed regional and global investment dynamics alongside the world’s leading global infrastructure and...

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IOC to Form JV with Bexmico for LPG business in Bangladesh

Date : Jul 02, 2020

India Oil Corp, the country's top refiner and fuel retailer, will form an equal joint venture with RR Holdings Ltd, the parent firm of Bexmico, for liquefied petroleum gas in Bangladesh, it said in a...

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Haryana Govt Cancels 2 Power Sector Contracts With Chinese Companies

Date : Jul 02, 2020

The Haryana government has cancelled contracts with Chinese companies for installing pollution control equipment worth Rs 780 crore at two of its thermal power facilities.

 

The contracts had been awarded by...

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Adnoc Inks $20bn Energy Assets Deal

Date : Jul 01, 2020

Abu Dhabi National Oil Company (Adnoc) said it has entered into an agreement with some of the world’s leading infrastructure investors and operators, sovereign wealth and pension funds.

 

A consortium of...

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Iran Refinery Gas Output Grows – NIGC

Date : Jul 01, 2020

Spokesperson of the National Iranian Gas Company (NIGC) announced a growth in the natural gas production at Iran’s refineries.

 

Mohammadi Asgari, speaking to Shana, said the average gas production at...

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Oil Recovery May Gather Pace in H2 – Opec Chief

Date : Jul 01, 2020

Oil and gas markets recovery is likely to gather pace in the second half of the year as countries further ease lockdown restrictions and demand rises, said Opec Secretary General Mohammad Sanusi Barkindo, expressing cautious optimism that the...

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GE's Saudi Power Plant Gets Top EHS Rating

Date : Jul 06, 2020

General Electric (GE) said Saudi Electricity Company (SEC) has awarded 5 stars to Waad Al Shamal, one of its major integrated solar and combined-cycle power plant projects, for maintaining environment, health and safety (EHS) standards.   With this recognition, Waad Al Shamal has become one of the key power plants under construction in Saudi Arabia to obtain a five-star rating for EHS performance from SEC.   For this project, GE is providing turnkey services, including engineering, procurement and construction (EPC) works, and supplying four GE 7F gas turbines; one steam turbine and four heat recovery steam generators (HRSGs), as well as other equi...

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Sparrows Completes Asry Crane Inspection Services in Bahrain

Date : Jul 02, 2020

Sparrows Group, a global provider of specialist equipment and integrated engineering services to the oil and gas, renewables and industrial sectors, said it has completed its first project for Asry (Arab Shipbuilding & Repair...

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Sewa Completes Implementation of 305-km Natural Gas Network

Date : Jul 01, 2020

Sharjah Electricity and Water Authority (Sewa) has completed the implementation of a natural gas network in all areas of Rahmaniyah, with a length of 305 km, bringing the length of the network in the city of Sharjah to 1,750...

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India: AP Govt Issues Guidelines for 10 GW Solar Projects for Farmers

Date : Jul 01, 2020

The government of Andhra Pradesh has issued an order with guidelines for implementing 10 GW solar power project programme for farmers in the state.

 

The programme aims to provide nine hours of free power during...

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NTPC Starts Commercial Operation of Kameng Hydro-Electric Project

Date : Jul 01, 2020

NTPC has declared commercial operation of Unit-1 of 150 MW of Kameng Hydro-Electric Project (four x 150 MW) of the North Eastern Electric Power Corporation with effect from 17 June 2020.

 

The North Eastern...

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Tendeka Wins Contract Extension by Oman Operator

Date : Jun 30, 2020

Independent global completions service company Tendeka has been awarded a five-year contract extension to supply a major operator with zonal isolation technologies for all fields in Oman.

 

The...

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Dharmendra Pradhan, Naveen Patnaik Inaugurate IOC’s PADC in Odisha

Date : Jun 30, 2020

Union Minister Dharmendra Pradhan and Odisha Chief Minister Naveen Patnaik on Thursday virtually inaugurated Product Application and Development Centre (PADC) in Paradip. Constructed on 5-acre of land with a capital expenditure of Rs...

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Iran’s SP11 Development is Underway

Date : Jun 29, 2020

The load-out of Platform 11B’s jacket in the massive offshore South Pars gas field started on April 30 for final installation along Iran-Qatar border. That marks the beginning of development of Phase 11 of South Pars by Iran’s...

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Alba Spent Pot Lining Treatment Plant on Track for Q1, 2021 Completion

Date : Jun 29, 2020

Aluminium Bahrain (Alba), the world's largest aluminium smelter ex-China, said the construction work was progressing as per schedule at its Spent Pot Lining (SPL) treatment plant, a first-of-its- kind facility in the whole of GCC and...

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Iraq’s Rumaila Power Plant Second Phase Comes Online

Date : Jun 26, 2020

The second phase of the 3,000MW Rumaila independent power project (IPP) near Basra in southern Iraq has come online.

 

It is understood the developer Jordan’s Shamara Group is aiming to complete the remaining...

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BP Oman Set to Launch Ghazeer Gas Project

Date : Jun 26, 2020

BP Oman is bracing for the launch of the 500-million-cubic feet gas project at Ghazeer field with the installations 99% ready for the start of production.

 

BP Oman Chairman Eng Yousef bin Mohammed Al-Ojaili...

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