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

Siemens Submits the Lowest Bid for 380kV Reactors Project

Date : Oct 16, 2020

Saudi Electricity Company (SEC) announces the bid results for the project “Installation of 380kV reactors at Hail-3 Substation” in Central region of Saudi Arabia.

 

A total of three companies has...

Read more

India: AP Govt Allots Over 1,454 Acres of Land to Set up Solar Projects

Date : Oct 15, 2020

In an important development, the Andhra Pradesh Green Energy Corporation Ltd (APGECL) has received over 1,454 acres of vacant land for setting up solar projects.

 

According to a government notification, the...

Read more

Iran to Boost Hendijan Oil Production Capacity – CEO IOOC

Date : Oct 15, 2020

The CEO of the Iranian Offshore Oil Company (IOOC) announced the successful installation of the second 1000-ton platform in the Hendijan offshore field, saying: "Due to the completion of the installation of platforms 07 and 08,...

Read more

KCA Deutag Wins Land Drilling Contracts in Oman

Date : Oct 15, 2020

KCA Deutag has been awarded contracts worth more than $150 million in Oman, from the country’s leading exploration and production companies.

 

The first award covers the provision of expert manpower for...

Read more

ASYAD Group Launches First Shipping Line Linking Omani Ports with Iraq

Date : Oct 14, 2020

ASYAD Group has launched the first shipping line between Oman ports and Iraq’s Umm Qasr Port. This notable move bolsters the Group’s efforts to expand the maritime transport network between Oman and the world; facilitate...

Read more

World’s First ‘Plastic-to-Petrol’ Making Unit to be Launched in AP, India

Date : Oct 14, 2020

Guntur Municipal Corporation (GMC) has entered the final lap of establishing what is claimed to be the world’s first ‘plastic-to-petrol’ making unit.

 

Trials have been completed at the newly...

Read more

NHPC Signs PSA for 1.7 GW Solar Projects

Date : Oct 14, 2020

NHPC announced that it entered a power sale agreement (PSA) with Chhattisgarh State Power Distribution Company Ltd. (CSPDCL) for the supply of 400 MW of solar power.

 

The tariff decided under this agreement...

Read more

FANR Board Reviews Progress of Barakah Nuclear Power Plant

Date : Oct 13, 2020

UAE's Federal Authority for Nuclear Regulation (FANR) said its board recently convened a virtual meeting to review the ongoing progress of the four units at Barakah Nuclear Power Plant.

 

The board...

Read more

India: Union Minister Inaugurates 42 CNG Stations, 3 City Gate Stations

Date : Oct 13, 2020

Expanding the reach of environment-friendly Compressed Natural Gas (CNG) in various areas, Minister of Petroleum and Natural Gas and Steel Dharmendra Pradhan dedicated 42 CNG stations and 3 City Gate Stations of Torrent Gas to the service of...

Read more

Iran NPC’s Projects to Propel Petchem Industry – CEO

Date : Oct 12, 2020

The CEO of the National Petrochemical Company (NPC) said the company had devised 27 petrochemical projects to propel the industry in the coming years.

 

Addressing a ceremony to launch a methanol to propylene...

Read more

Bid & Tender

Flash News