Bid & Tender

theenergyinfo - News

Sufficient Oil Available to Offset India’s Lost Iranian Imports: Petroleum Minister

Date : Jul 18, 2019

There are adequate oil supplies in the market to compensate for lost oil imports from Iran, Indian oil minister Dharmendra Pradhan said in New Delhi on Tuesday. India halted imports from Iran after the United States' May withdrawal of exemptions that allowed eight nations, including India, to import crude from Iran despite sanctions against the Middle East producer.

 

The minister also said the government has asked Gail (India) Ltd , India's biggest natural gas utility, to form a plan to separate its gas marketing and transmission business. Pradhan said that India's diesel demand will continue to rise desp...

Read more

India Cannot Afford to Ban Petrol and Diesel Vehicles: Petroleum Ministry

Date : Jul 18, 2019

Though the government is currently pushing for the greater use of electric vehicles with an aim of cutting down on its imports for oil in order to save the environment, it has no plans to completely ban the use of petrol and diesel-powered...

Read more

Nayara Energy to Pump USD 850 Mn to Build Petrochemical Plant

Date : Jul 18, 2019

Nayara Energy will make investment to the tune of USD 850 million to expand into petrochemical. It plans to set up 4, 50,000 tpa polypropylene plant.

The company has licensed technology from WR Grace & Company to produce...

Read more

SABIC, ExxonMobil to Proceed with Gulf Coast Growth Ventures Project

Date : Jul 18, 2019

Saudi Arabia – ExxonMobil and SABIC has announced the decision to proceed with the construction of a chemical facility and a 1.8 million metric ton ethane steam cracker in San Patricio County, Texas, leading to thousands of...

Read more

Abu Dhabi DoE Launches Instant Licensing System

Date : Jul 18, 2019

The Abu Dhabi Department of Energy (DoE), in cooperation with Abu Dhabi Digital Authority (ADDA), has announced the launch of instant licensing services through the Abu Dhabi Government Services System,...

Read more

Raimondi Cranes Unveils Latest Heavyweight Addition

Date : Jul 17, 2019

Raimondi Cranes, a 150-year-old Italian manufacturer of cranes with a major presence in the Middle East region, has unveiled the latest heavyweight addition to its advanced luffing range, the LR372.

 

Equipped...

Read more

ISA Welcomes Saudi's Entry in its Network

Date : Jul 17, 2019

Saudi Arabia is expected to play a significant role in the future of solar energy following an agreement it signed with an inter-governmental organization that has its headquarters outside Delhi in...

Read more

BPCL Buys Gasoline for Kandla in Rare Move

Date : Jul 17, 2019

Bharat Petroleum Corp Ltd has bought gasoline for Kandla in a rare move to meet demand and plug a supply gap after cancelling an earlier purchase tender, industry sources said on Tuesday.

 

BPCL bought 20,000...

Read more

Vedanta to Invest $650 Mln in New Oil Blocks

Date : Jul 17, 2019

Diversified mining company Vedanta Ltd said on Tuesday it will invest $650 million in its new oil and gas blocks that it won in the government’s last two rounds of auctions, chief executive of its oil and gas division Ajay Kumar Dixit...

Read more

Nayara Energy to Invest $850 Million to Build Petrochemical Plant

Date : Jul 17, 2019

Russian oil major Rosneft-backed Indian refinery Nayara Energy said on Tuesday it will be investing $850 million to expand into petrochemical.

 

Nayara plans to set up a 450,000 tonnes a year Polypropylene...

Read more

NTPC Commissions First Unit of Nabinagar Super Thermal Power Project

Date : Jul 18, 2019

NTPC has commissioned the first unit of 660 MW capacity under Nabinagar Super Thermal Power Project (three x 660 MW) in Bihar.

 

With addition of this project, the total installed capacity of NTPC has reached 55,786 MW. Nabinagar Power Generating Company is a 50:50 joint venture (JV) between NTPC and Bihar State Power Holding Company.

 

NTPC currently operates 52 power stations including--22 coal, seven combined cycle gas/liquid fuel, two hydro, one wind, 11 solar projects, eight coal, one gas station and 11 renewable energy projects.

Read more

Weir Oil & Gas Bags UAE Offshore Service Contract

Date : Jul 18, 2019

Weir Oil & Gas Dubai signed a contract in UAE with a major UAE-based oil and gas operator for rotating equipment rehabilitation services.

 

The contract will allow Weir’s customer to improve...

Read more

Sparrows Wins Rigging Maintenance Services Contract in Qatar

Date : Jul 17, 2019

UK-based Sparrows Group, a global provider of specialist equipment and integrated engineering services, has been awarded its first contract for the provision of rigging loft maintenance services in...

Read more

Hardy Oil & Gas Receives Higher Bid for Troubled Indian Unit

Date : Jul 17, 2019

Hardy Oil & Gas PLC said Monday it has received a higher offer for Indian unit Hardy Exploration & Production. Hardy Oil & Gas agreed to sell the unit for USD1.5 million to Hindustan Oil Exploration Co Ltd on July 1....

Read more

Saudi Aramco, Baker Hughes Sign Deal for Pipe Manufacturing Unit

Date : Jul 16, 2019

Saudi Aramco and Baker Hughes, a GE company (BHGE), have signed an agreement to build a new joint venture facility in Saudi Arabia to manufacture non-metallic materials which will be used in a variety of areas of the energy...

Read more

Oman Starts Gas Production from Rabab Harweel Integrated Project

Date : Jul 15, 2019

Petroleum Development Oman (PDO) has started producing gas from the first sour wells at Rabab Harweel Integrated Project (RHIP), putting the project two months ahead of schedule.

 

In a statement announcing...

Read more

Cabinet Approves Iraq-Jordan Pipeline, Offshore Oil Exporting Facilities

Date : Jul 12, 2019

The Iraqi Cabinet held its regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister, Adil Abd Al-Mahdi, at which it discussed a series of recommendations by the Ministerial Committee for Energy regarding a number of...

Read more

Halliburton Wins Kuwait Offshore Drilling Services Contract

Date : Jul 12, 2019

Kuwait Oil Company (KOC) and Halliburton have signed an integrated offshore drilling services contract for six high-pressure high-temperature (HPHT) exploration wells on two jack-up rigs in the Arabian...

Read more

Al Dhafra Starts Crude Oil Production from Haliba field

Date : Jul 12, 2019

Al Dhafra Petroleum, a joint venture between Abu Dhabi National Oil Company (ADNOC), Korea National Oil Company (KNOC) and GS Energy, has announced that it has started producing crude oil from Abu Dhabi’s Haliba...

Read more

New 2GW Solar Project in Abu Dhabi to ‘Eclipse’ $871mn Noor Plant

Date : Jul 11, 2019

Abu Dhabi will soon launch a giant solar project with a 2 gigawatt (GW) capacity in the Al Dhafra region of the emirate thus setting a new record in the region, said a senior minister.

 

"I am excited to...

Read more

Bid & Tender

Flash News