Bid & Tender

theenergyinfo - News

SDRL Enters into 50:50 JV with Gulf Drilling International

Date : Aug 22, 2019

Seadrill and GDI have entered into a 50:50 joint venture, GulfDrill, which will initially manage and operate five premium jackups in Qatar with Qatar Petroleum commencing throughout 2020.

 

The said deal is in connection with the award of drilling contracts by Qatar Petroleum to Gulf Drilling International (“GDI”) in May 2019.

 

The five firm well based contracts will have staggered commencements throughout 2020 with initial terms concluding in 2023 & 2024 respectively. The total contract value is expected to be $656 million (including mobilization fees). Each contract has five...

Read more

ME Seen Second Highest in LNG Regasification Capacity Globally

Date : Aug 22, 2019

The Middle East is expected to have the second highest LNG regasification capacity globally at 2.3 trillion cu ft (tcf) by 2023, said GlobalData, a leading data and analytics company.

 

Of this capacity...

Read more

Indianoil’s Smart Terminal for Petro Products in UNA Soon

Date : Aug 22, 2019

Soon, Himachal Pradesh’s entire requirement of petroleum products would be met in the state itself, as Indian Oil Corporation will commission a smart POL (petroleum, oils, and lubricants) terminal at Una having storage capacity...

Read more

IOCL Plans to Invest ₹250 Billion in Renewable Energy Projects

Date : Aug 22, 2019

The Indian Oil Corporation (IOC) plans to diversify its business verticals and make significant investments to the tune of ₹250 billion (~$3.48 billion) in clean energy projects like solar, wind, biomass and solar panels at its...

Read more

Shell to Sell 10% Stake in Mahanagar Gas Ltd

Date : Aug 21, 2019

Shell India, the local arm of Netherlands-based Royal Dutch Shell Plc, has offered to sell its 10% stake for over ₹7 billion held in the city gas distribution business of Mumbai-based Mahanagar Gas Ltd (MGL), through a block deal on the...

Read more

GAIL to Invest ₹450 Billion in Expansion of Pipelines, City Gas Network

Date : Aug 21, 2019

State-owned gas utility GAIL India Ltd will invest over ₹450 billion over the next five years to expand the National Gas Grid and city gas distribution network, its chairman Ashutosh Karnatak said on Tuesday. "At present, your...

Read more

GAIL India to Pump Rs 45,000 Cr towards Expansion

Date : Aug 21, 2019

GAIL India will make an investment of more than Rs 45,000 crore over the next five years to expand the National Gas Grid and city gas distribution network. The company currently is augmenting the natural gas pipeline network by...

Read more

Aramco Team Controlled Shaybah NGL Fire

Date : Aug 21, 2019

Saudi Aramco’s response team has controlled a limited fire at the Shaybah NGL facility in southeast of the kingdom.

 

There were no injuries and no interruptions to Saudi Aramco’s oil operations,...

Read more

Oman's Crude Oil and Condensates Production Hits 30mn Barrels in July

Date : Aug 21, 2019

Oman's crude oil and condensates production hit 30 million barrels in July, with a daily average of 970,682 barrels, a report said.

 

The sultanate exported 21,329,021 barrels, with a daily average of...

Read more

Dewa to Highlight Latest Solutions in Clean Energy at Key Events

Date : Aug 21, 2019

Dubai Electricity and Water Authority (Dewa) is organizing the 21st Water, Energy, Technology, and Environment Exhibition (Wetex) from October 21 to 23 at the Dubai International Convention and Exhibition...

Read more

Saudi Arabia Launches Water Projects worth over $825mn

Date : Aug 22, 2019

Saudi Arabia has launched a number of water developments worth over SR3.1 billion ($825 million) in Makkah and other holy sites coinciding with the Hajj season for this year, media reports said.   These projects include setting up a pipeline for carrying desalinated water from the desalination plant in Al Shuaibah to Makkah and the holy sites at a total cost exceeding SR875 million.   Also in the pipeline is the second phase of Al Shuaibah Desalination Plant with a capacity of 250,000 cu m per day at a cost of over SR1.175 billion.   Among them are water services projects including water networks, connections to homes, strategic ...

Read more

General Cable Corp Forms JV in Oman

Date : Not Given

General Cable Corporation has formed a joint venture with International Cable Industries LLC .ICI., a limited liability company organized in Oman. The joint venture company in which General Cable will have a majority interest will distribute a wide...

Read more

SEC deals with KEPCO for Rabigh power plant.

Date : Not Given

Saudi Electricity Company .S.E.C. has signed a contract with a consortium led by Korea Electric Power Corporation .KEPCO. on Saturday for building a fuel-oil fired power plant. The 1,200 megawatts capacity plant will be built in two phases. The first...

Read more

Petro Rabigh to Complete Phenol Project in 2014

Date : Not Given

Rabigh Refining and Petrochemical .Petro Rabigh. is expected to complete its 275,000 ton/year phenol project in Rabigh in 2014, an official with US-based engineering company KBR said on July 7. John Derbyshire, president of KBR's technology division,...

Read more

KJO Extends bid for NGL Facilities at Khafji

Date : Not Given

A Saudi-Kuwaiti joint venture has extended the bidding for the construction of gas and natural gas liquids .NGL. distribution facilities at Khafji oilfield to October 11 from Sept 27, the company said. The project, estimated to cost at least $50 million...

Read more

SABIC affiliate TAYF and Albemarle s joint venture SOCC takes shape?

Date : Not Given

Saudi Basic Industries Corporation s associate Ibn Hayyan Plastic Products Company .TAYF. and Albemarle Corporation signed an...

Read more

GSPC Avails Rs 3,000cr Loan for K-G Project

Date : Not Given

The state government-owned oil and gas explorer Gujarat State Petroleum Corporation .GSPC., through a consortium of banks, has...

Read more

India Signs Initial Gas Pipeline Framework Agreement with Neighbouring Countries

Date : Not Given

India has signed initial agreements for laying a pipeline to wheel gas from Turkmenistan though Afghanistan and Pakistan but it is unlikely that the project will get off the ground anytime soon due to lack of stable political equations among the three...

Read more

Alfa Laval Bags SEK 50 Mn Refinery Order in India

Date : Not Given

Alfa Laval AB .STO:ALFA. a world leader in heat transfer, centrifugal separation and fluid handling  has received an order for...

Read more

Sipchem join hands with Hanwha for a new high-tech petrochemical company at Jubail.

Date : Not Given

Saudi International petrochemical Co. .Sipchem. and South Korea s Hanwha Chemical Corporation joined hands for a joint venture...

Read more

Saudi Jubail Refinery to Start Operations in Dec 2013

Date : Not Given

Saudi Aramco Total Refinery and Petrochemicals Company .Satorp. expects its new refinery at Jubail in Saudi Arabia to be fully operational in December 2013, the joint venture's chief executive said on September 17. State-run Saudi Aramco and France's...

Read more

Bid & Tender

Flash News