TengizChevrOil will tell the EIC Connect Oil & Gas conference and exhibition in Manchester on 22-23 November about how UK companies can get involved in itsFuture Growth Project. This is the Sour Gas Injection-Second Generation Project (SGI-SGP) expansion which will…
Day: October 17, 2016
Iran invites bids for 50 oil and gas projects
The National Iranian Oil Company (NIOC) has given international companies a month to submit prequalification bids for 50 oil and gas contracts. This is the biggest opportunity for foreign firms to bid for Iranian oil projects since sanctions against the…
Iran invites bids for energy projects
Iran will begin taking applications today for an unspecified number of energy projects, the oil ministry’s news agency SHANA reported on Sunday. National Iranian Oil Company (NIOC) said “reputable and eligible companies” should fill the applications for upstream oil and gas…
GCC finance needs to be $560bn
GCC governments will need financing worth $560bn in 2015-19 as a result of lower oil prices, S&P Global Ratings said in a report published today. “We estimate that, in nominal terms, GCC sovereigns’ combined fiscal deficit will reach $150bn…