Bid & Tender

theenergyinfo - News

Oman Signs Exploration Agreements for Blocks 51 and 65

Date : Dec 18, 2018

Oman has signed on Sunday two agreements giving a unit of Occidental Petroleum the rights to explore for oil and natural gas in concessions 51 and 65, said the Oil Ministry of the Sultanate.

 

Oil Minister Mohammed bin Hamad al-Rumhi signed the agreement covering concession 51 with Occidental Oman and the agreement on concession 65 with Occidental Oman and Oman Oil Company Exploration and Production, a unit of state-owned Oman Oil Co.

 

Concession 51 covers 10,133 square kilometres (3,912.37 square miles) and concession 65 covers 1,230 square kilometres (474.91 square miles), according to a...

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

Adnoc, Inpex Sign MOU to Explore Opportunities for LNG bunkering

Date : Dec 13, 2018

Inpex Corporation (INPEX) has signed a Memorandum of Understanding (MOU) with ADNOC Logistics & Services on LNG bunkering partnership in United Arab Emirates. Under the MOU, INPEX and ADNOC L&S, a wholly-owned subsidiary of...

Read more

Sipchem, Sahara Sign Business Merger Agreement

Date : Dec 13, 2018

Saudi International Petrochemical Company (Sipchem) and Sahara Petrochemical Company have announced that they have entered into a legally binding agreement for a business merger.

 

Sipchem and Sahara said they...

Read more

CCI Approves Hazira Acquisition

Date : Dec 13, 2018

The Competition Commission of India (CCI) HAS approved 100 per cent acquisition of Hazira LNG Pvt Limited and Hazira Port Private Ltd by Shell. The move will allow Shell commercial and operational flexibility over Hazira to maximise...

Read more

Tapti Fields to Be Decommissioned in Two Years

Date : Dec 13, 2018

The Shell Oil Company expects the Tapti fields under the Panna, Mukta and Tapti (PMT) joint venture (JV) to be decommissioned in two years. Tapti is now dry and facing decommissioning.

 

The company will soon...

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

Saudi Arabia Launches First Phase of King Salman Energy Park

Date : Dec 14, 2018

Saudi Arabia has launched the first phase of the King Salman Energy Park project "Spark", which is located between Dammam and Al-Ahsa, Eastern Region, said a report.

 

HRH Prince Mohammed bin Salman...

Read more

Aramco Awards Well Services Contract to Baker Hughes

Date : Dec 13, 2018

Leading oilfield services provider Baker Hughes, a GE company, said it has been awarded a major stimulation and well-testing contract by Saudi Aramco to be a partner in optimizing production from new and existing wells across...

Read more

Reliance to Expand Oil Refinery Capacity of SEZ in Jamnagar

Date : Dec 13, 2018

Reliance Industries (RIL) is seeking to expand the installed capacity of its export-oriented oil refinery by 5.8 million tonne in the Special Economic Zone (SEZ) at Jamnagar, Gujarat.

 

The company had built...

Read more

Ratnagiri Refinery Commissioning to be Delayed by Three Years

Date : Dec 13, 2018

The plan to set up the 60 million tonne refinery-cum-petrochemical project at Ratnagiri in Maharashtra is expected to be delayed by three years following a land acquisition issue.

 

The Maharashtra government...

Read more

Abu Dhabi Inaugurates New Container Terminal

Date : Dec 12, 2018

Abu Dhabi has inaugurated a new container terminal at Khalifa Port.

 

A joint venture of Abu Dhabi Ports and China’s Cosco Shipping Ports agreed in 2016 to develop and operate the second container...

Read more

Saudi Aramco, ADNOC’s India Mega Refinery Project Delayed by 2 Years

Date : Dec 12, 2018

India has delayed the commissioning of a giant refinery that state-owned firms are building in tie up with Saudi Aramco and Abu Dhabi National Oil Co (ADNOC) by two year to 2025, a senior official at the consortium told source on...

Read more

Acwa Signs Deal with 3 International Groups for Dubai Solar Project

Date : Dec 11, 2018

Acwa Power, a leading developer, owner, and operator of power generation and water desalination plants based in Saudi Arabia, said it has joined hands with three international groups - Spanish company Abengoa and Chinese firms...

Read more

India to Tender 80 GW Solar and Wind Energy Projects by 2020

Date : Dec 11, 2018

India has declared the trajectory of bidding 60 gigawatt (GW) capacity of solar energy and 20 GW capacity of wind energy by March 2020, leaving two years time for execution of projects, Ministry of New and Renewable Energy (MNRE) said...

Read more

Saudi Aramco Selects Sapura Energy as its LTA Contractor

Date : Dec 10, 2018

Sapura Energy Berhad (Sapura Energy) marked a significant milestone in its growth strategy when its wholly-owned subsidiaries, Sapura Fabrication Sdn Bhd and Sapura Saudi Arabia, were selected to join Saudi Aramco’s...

Read more

Bid & Tender

Flash News