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Saudi Arabian Oil Company (Saudi Aramco) has issued a prospectus for its initial public offering (IPO) on the Saudi Stock Exchange (Tadawul).
The offering period for the institutional subscribers begins on November 17 and closes at the end of December 4.
The offering period for individual subscribers begins on November 17 and closes at the end of November 28.
Saudi Arabia’s Crown Prince Mohammed bin Salman said that the initial public offering of state oil giant Aramco will be announced, with the intention to list 1-2 per cent on Saudi Stock Exchange ... |
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The government of Gujarat has given its approval for a compressed natural gas (CNG) terminal in Bhavnagar with a proposed investment of Rs 1,900 crore. The approval was given by the Gujarat Infrastructure Development Board headed by Chief Minister of Gujarat Vijay Rupani. It would be the world's first CNG port terminal. It project be developed jointly by UK-headquartered Foresight Group and Mumbai-based Padmanabh Mafatlal Group. The Gujarat Maritime Board (GMB) had signed a memorandum of understanding (MoU) with the Foresight Group to set up this port terminal at Bhavnagar in the Vibrant Gujarat Summit held in January 2019. Apart fr... |
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ExxonMobil, ONGC to Collaborate on Offshore India StudiesDate : Nov 14, 2019ONGC has signed a memorandum of understanding (MoU) with ExxonMobil to cooperate in technical studies and frontier areas. This could lead to joint programs in deepwater and other petroleum exploration license blocks held by ONGC... |
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ADNOC Extends Bids Deadline for Offshore Oil Exploration until Year EndDate : Nov 14, 2019Abu Dhabi National Oil Company (ADNOC) has extended the deadline for bids for offshore oil and gas exploration until the end of December to give interested companies more time to discuss forming potential consortia, a spokesman for... |
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PetroIran Plans for Mass-Production of Multiphase PumpsDate : Nov 14, 2019The CEO of PetroIran Development Company announced its plans for mass-production of multiphase pumps in collaboration with local manufacturers.
According to the National Iranian Oil Company (NIOC), Sepehr... |
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RCJY and Air Products Qudra Sign MOUDate : Nov 14, 2019Royal Commission for Jubail and Yanbu (RCJY) and Air Products Qudra signed a Memorandum of Understanding (MOU) to establish world-class industrial gas production facilities and distribution networks in the industrial cities of Royal... |
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GMS Wins 4-Year Deal in Middle EastDate : Nov 14, 2019GMS announces the award of a 4-year contract (firm period) for a K-Class (Small) vessel. GMS's customer is a Middle East national oil company, for which GMS will provide support for offshore activities. The work will be undertaken... |
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KEC International Wins Contracts Worth Rs 1,806 crDate : Nov 12, 2019KEC International has secured orders worth Rs 1,806 crore across its various businesses.
The Railway business has secured orders of Rs 1,303 crore in India. The orders have been bagged for overhead... |
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Iran’s Newly-Discovered Oilfield Named as Namavaran – Petroleum MinisterDate : Nov 12, 2019Iranian Minister of Petroleum Bijan Zangeneh said that the newly-discovered oilfield in Khuzesan was named Namavaran, adding the field had an oil in place estimate of 53.3 billion barrels.
Addressing... |
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Qatargas Operates LR1 for 10 Yrs without Lost Time IncidentDate : Nov 12, 2019Qatargas Operating Company Limited “Qatargas" has successfully managed to operate Laffan Refinery 1 (LR1) with zero Lost Time Injury (LTI) case for 10 years since started production in 2009.
The... |
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RIL again puts off Gas Bid to Nov 15 on Bidders RequestDate : Nov 11, 2019Reliance Industries has for the second time in a month put off bidding to sell natural gas it plans to produce from newer fields in the flagging eastern offshore KG-D6 block, sources said. The sources said potential bidders sought... |
Vedanta Limited has awarded a contract worth Rs 24 crore for the construction of crude oil storag
NGC Energy India Private Limited (NGCEIPL) has signed up a contract to set up an LPG import and s
The Water Resources Department, Punjab, has invited bids for works on Shahpurkandi Dam Project in
Qatar Petroleum (QP) has received bids for the Engineering, Procurement and Construction (EPC) co
The Assam Power Generation Corporation Limited (APGCL) has issued a request for proposal (RfP) fo
The Uttarakhand Jal Vidyut Nigam (UJVNL) has awarded an order worth Rs. 200 crore for renovation,
