Bid & Tender

theenergyinfo - News

Hitachi Ltd to Announce Purchase of ABB's Power Grid Business

Date : Dec 17, 2018

Hitachi Ltd and ABB will announce on Monday a plan for the Japanese conglomerate to buy the Swiss engineering group's power grid business for up to $7 billion, the Nikkei business daily reported.

 

The two companies, which have previously said they were in talks, will hold a news conference later on Monday, the business daily said. The report said the acquisition was likely to total around 600 billion to 800 billion yen ($5.3 billion to $7 billion).

 

A Hitachi spokesman declined to confirm the report, saying it was not something it announced.

 

($1 = 113.4800...

Read more

CIL to Pay $0.1mn if it Fails to Meet Exploration Commitment in Oil Block

Date : Dec 17, 2018

Mining baron Anil Agarwal's Cairn India won a third of its total haul of 41 oil blocks in India's maiden bid round under open acreage licensing policy by committing a miniscule exploration programme whose non-fulfilment will attract...

Read more

NTPCL Acquires 720 Mw Barauni Thermal Power Plants in Bihar

Date : Dec 17, 2018

State-owned power generator NTPC Ltd today announced it has acquired the 720 Megawatt (Mw) Barauni thermal power plant in Begusarai district in Bihar with effect from 15 December.

 

The coal based power...

Read more

Adnoc Collaborate with IBM for Oil, Gas Blockchain Application Deal

Date : Dec 17, 2018

Abu Dhabi National Oil Company (Adnoc), a leading energy and petrochemicals group, has announced its successful collaboration with IBM, piloting a blockchain-based automated system to integrate oil and gas production...

Read more

CO2 Emissions from Advanced Economies to Rise in 2018 – IEA

Date : Dec 17, 2018

The world’s advanced economies will see an uptick in their carbon dioxide (CO2) emissions this year, reversing a five year-long declining trend, according to the International Energy Agency...

Read more

KPC Aims to Produce 85,000 bpd of Heavy Crude by 2020/21

Date : Dec 17, 2018

Kuwait Petroleum Corp. aims to produce 85,000 barrels of heavy crude oil a day by 2020/21, and 110,000 barrels per day by 2030/31, according to the text of a speech given by its CEO.

 

The state-owned company...

Read more

India to Add 10,000 Mw of Renewable Energy Generation Capacity Next Fiscal

Date : Dec 14, 2018

India is likely to commission renewable energy projects with a capacity of 9,000 Megawatt (Mw) in the current financial year (2018-19) and 10,000 Mw in the next fiscal ending March 2020, based on the trend of projects awarded over the past two...

Read more

India Did Not Let Russian-Owned Refinery Buy Iranian Oil

Date : Dec 14, 2018

US President Donald Trump pulled the United States out of a multilateral nuclear deal with Iran in May and reimposed sanctions on Iran’s oil industry last month. Iranian Oil Minister Bijan Zanganeh said on Wednesday that,...

Read more

China ZhenHua's Subsidiary Buys 4pc Stake in Adnoc Onshore Concession

Date : Dec 14, 2018

The Abu Dhabi National Oil Company (Adnoc) said that four percent stake in its onshore concession, previously held by CEFC China Energy Company Limited (CEFC China), has been acquired by North Petroleum International Company Ltd, a subsidiary...

Read more

NTPC to Buy out Fifty Percent Equity in Meja Power Project

Date : Dec 14, 2018

NTPC is close to buying 50 percent equity in 1,320 MW Meja Thermal Power Project. The Meja Urja Nigam (MUNPL) is a 50:50 joint venture (JV) between NTPC and Uttar Pradesh Rajya Vidyut Utpadan Nigam in Allahabad, the memorandum of...

Read more

QP to Select Firms for North Field Expansion Project by Mid-2019

Date : Dec 14, 2018

The oil companies that Qatar selects to expand its north field natural gas reservoir will be announced in mid-2019, the country’s energy minister Saad al-Kaabi said.

 

Qatar plans to build four additional liquefied national gas trains in mid-2019, al-Kaabi said.

 

Qatar will announce the selected partners to build the largest ethane cracker in the world in the first quarter of 2019, he said.

Read more

Confidence Petroleum Bags Rs 59.8cr LPG Supply Orders

Date : Not Given

Confidence Petroleum India Ltd has awarded an orders worth Rs 59.8 crores for supply of LPG Cylinders of capacity 14.2 kg and 19 kg have been awarded by Bharat Petroleum Corporation Ltd .BPCL., A Navratna PSU Oil Company on our various Cylinder...

Read more

Iraq: Gazprom delays Badra oilfield start-up

Date : Not Given

20 Nov 2013: Russia's Gazprom Neft, the oil arm of state-controlled Gazprom, has postponed initial production at its Badra oil field in Iraq until 2014 due to safety concerns and logistical problems, the company said on Tuesday. Iraq, OPEC's...

Read more

Olefin II project completed by Fluor.

Date : Not Given

An announcement was made by the Fluor Corporation that they have completed the Olefins II Project. The multi-billion- dollar...

Read more

NHPC, J&K, PTC to Set Up New JV Hydroelectric Power Projects

Date : Not Given

Power utility NHPC along with Jammu & Kashmir State Power Development Corporation and PTC India have incorporated a joint...

Read more

Seadrill Wins Rigs Contracts for KJO s Neutral Zone Project?

Date : Not Given

Seadrill has been awarded two new contracts by KJO .AL-Khafji Joint Operations. in the joint development zone between the Kingdom of Saudi Arabia and Kuwait for the jack-up rigs West Triton and Offshore Resolute. The assignments which will commence in...

Read more

Technip Awarded Pipe Lay Contract in Ghana

Date : Not Given

Technip has been awarded by GNPC.1. a lump sum contract for phase 1 of the Natural Gas Transportation and Processing project,...

Read more

ONGC strikes gas at Sundalbari - 4 well.

Date : Not Given

In the Sundalbari-4 well drilled in West Tripura Block, Oil & Natural Gas Corporation .ONGC. has banged gas. ONGC said that, the well, was drilled to 3400 meters, in the Assam and Assam Arakan basi. It flowed 160,000 cubic meters of gas per day from an...

Read more

BPCL Bina Refinery to Start Operation by 2011

Date : Not Given

Bharat Petroleum Corp-promoted Bina refinery in Madhya Pradesh will start operations early next year as a power plant, critical...

Read more

BP to Work in Libya's Offshore Deepwater Region

Date : Not Given

Company sources have revealed that Libya will allow BP to begin drilling in its offshore deepwater region next month, despite...

Read more

Four major orders worth US $ 217.45 million for L & T.

Date : Not Given

Four EPC orders from Qatar, U.A.E. and Oman has been given to the L&T. The contracts that are worth a total of US $ 217.45...

Read more

Bid & Tender

Flash News