TendersInfo back issues from January 2009:
United Arab Emirates : Abu Dhabi Marine awards USD 21 million contract to Metito.
Jan 01, 2009 ... Byline: manish03 Gulf News reported that Abu Dhabi Marine Operating Company has awarded an engineering, procurement and construction contract on Das Island worth USD 21 million to Metito. The project will require the carrying out of detailed design, engineering, ...
Australia : BAE completes acquisition of TTDL.
Jan 01, 2009 ... Byline: Mamta03 After completing approval requirements, BAE Systems has officially acquired Australia-based defense supplies management company Tenix Toll Defense Logistics. TTDL, which manages the Defense Integrated Distribution System for the Australian Defense ...
Australia : Essar mulls $140-million investment.
Jan 01, 2009 ... Byline: manish03 Essar Oil plans to invest around $140 million over the next four years hunting for oil and gas in its assets acquired overseas, senior company official said. Most of the investment will be in the Vietnam block and the two newly-acquired offshore ...
Australia : Essar Oil chalks out CAPEX plan for the next 4 years.
Jan 01, 2009 ... Byline: manish03 Projects today reported that Essar Oil has chalked out a CAPEX plan of USD 140 million for the next 4 years for hunting oil and gas in its assets acquired overseas. As per report, the oil major plans to invest USD 60 million in the gas bearing ...
Australia : BP Resumes Full Production at Australian Oil Refinery.
Jan 01, 2009 ... Byline: manish03 BP Plc, one of four oil refiners in Australia, resumed full production at a plant in Western Australia, the largest in the country, after scheduled maintenance work that lasted two months. The work at the Kwinana refinery was completed in the second ...
Australia : Santos, Petronas to Work With Bechtel.
Jan 01, 2009 ... Byline: shiv03 SANTOS Ltd and Petroliam Nasional Bhd (Petronas) have appointed Bechtel as the front-end engineering design (FEED) contractor for the downstream components of the Gladstone liquefied natural gas (GLNG) plant in Australia. In a statement, Santos said ...
Australia: Atlas Iron shares jump on WA discoveries.
Jan 01, 2009 ... Byline: manish03 Shares in Australias newest iron ore producer Atlas Iron Ltd jumped after it announced four new discoveries at its Abydos project in Western Australias Pilbara region. Atlas shares were up eight cents, or 10.32 per cent, at 85.5 cents after reaching ...
Australia : Shell Australia refinery outage to last into 2009.
Jan 01, 2009 ... Byline: manish03 A temporary shut down of Royal Dutch Shell Plcs (RDSa.L) Australia Clyde refinery will extend into 2009 due to ongoing maintenance work, a company spokesman said on Wednesday. Shell has been importing fuels to meet customers orders since the refinery ...
Bulgaria : OMV and RWE set up Caspian Energy Company.
Jan 01, 2009 ... Byline: manish03 Austria s OMV and Germany s RWE have set up in London Caspian Energy Company to transit Caspian gas to Europe, RIA Novosty Agency reported. The gas will be transited to Europe via the active South Caucasus gas pipeline and NABUCCO gas pipeline whose construction ...
China : China to start work on 4 nuke plants.
Jan 01, 2009 ... Byline: shiv03 China is expected to start work on four nuclear power stations in 2009, according to a senior government official. The four power stations are in Haiyang, Rongcheng in eastern Shandong province, Sanmen in eastern Zhejiang province, and Yaogu in southern Guangdong ...
China : Vestas Receives 100MW Wind Turbine Supply Orders From China.
Jan 01, 2009 ... Byline: prashant03 Danish wind turbine manufacturer Vestas has received an additional two orders with a total capacity of 100MW to be delivered to two wind power projects in China. Details of the deal are confidential. Both orders comprise supply of the turbines, a ...
China : Huaneng Power Intl approved for hydropower project in Hunan.
Jan 01, 2009 ... Byline: kusumv03 Huaneng Power International Inc, China's largest publicly traded power company, announced that it has obtained approval from the National Development and Reform Commission (NDRC) on its hydropower project in Yongzhou, Hunan province. The project, ...
China : Romax Technology signs new deal on wind turbine gearboxes with SBW.
Jan 01, 2009 ... Byline: prashant03 Romax Technology Ltd signed a new contract with Shenyang Blower Works Group Co. Ltd. (SBW) to provide design and development support for DF2000 2MW wind turbine gearboxes. Under the terms of the agreement, Romax will also provide drawings and ...
China : China Plans Worlds Largest Solar Power Plant.
Jan 01, 2009 ... Byline: prashant03 Two Chinese companies have proposed a massive, 1-gigawatt solar photovoltaic power plant in China's northwest, one that would be the worlds biggest if it's completed. The China Technology Development Group Corp. and Qinghai New Energy Co. announced ...
China : Silvercorp Provides Update on Operations.
Jan 01, 2009 ... Byline: manish03 Silvercorp Metals Inc. Chinas largest primary Silver producer, announces an update on its strategy and plans for its China operations with a focus on preserving cash and maintaining positive operating cash flow in light of reduced global commodity prices. ...
China : Palladon Ventures Announces Iron Mountain Project Update.
Jan 01, 2009 ... Byline: manish03 Palladon Ventures Ltd. (TSX VENTURE: PLL)(FRANKFURT: PV-1) - This year has been a roller coaster ride for the world and for Palladon Ventures. We have seen the collapse of the worlds basic economy and the strain in the commodity sectors. Palladon ...
China : CNOOC to set up new energy base in Tianjin.
Jan 01, 2009 ... Byline: manish03 CNOOC is investing around RMB15 billion (US$2.19 billion) to set up a new energy base in Tianjin, China, according to a local media report. The new facility in Binhai Hi-tech Industry Park will mainly focus on the development of clean and renewable ...
China : Synthesis Energy Systems set to open China plant.
Jan 01, 2009 ... Byline: manish03 A Houston company is on the verge of opening the first coal gasification plant in the coal-rich Shandong Province in China. Synthesis Energy Systems Inc. announced today that the Hai Hua Gasification Facility, a joint venture in which SES holds a 95 percent ...
China & Indonesia: China, Indonesia sign energy cooperation agreements.
Jan 01, 2009 ... Byline: manish03 Indonesia and China have signed eight energy-related agreements, valued at $3.13 billion, during the third Indonesia-China Energy Forum in Jakarta. The first agreement extended an oil and gas contract for a development in the Madura Strait, East Java, operated ...
China : CCB to Loan Over CNY280bn to 43 Hunan Firms.
Jan 01, 2009 ... Byline: manish03 China Construction Bank yesterday inked a serie of strategic cooperation agreements with 43 key companies of Hunan Province, Central China, promising an over CNY 280 billion credit line. Total loan offered by the Beijing-located joint-stock commercial lender ...
China : Sinopec adds 104 mln T oil reserves in Shengli field.
Jan 01, 2009 ... Byline: manish03 State-owned Sinopec Group said it has added 104.08 million tonnes, or 760 million barrels of proven geological oil reserves to its largest Shengli oilfield. That is the 26th consecutive year that annual new discoveries in the field surpassed 100 ...
China : Daqing Oilfields Natural Gas Output Approaches 500 Million Cbm.
Jan 01, 2009 ... Byline: manish03 The natural gas output of the Daqing oilfield has so far approached 500 million cbm and the gas output in the whole of 2008 is expected to double the volume in 2007 and hit a new high, announced Daqing oilfield's gas branch. The company's ...
China: YTO Group Corp to issue RMB 600 mln short-term bonds.
Jan 01, 2009 ... Byline: sanjayV03 YTO Group Corp, Chinas largest tractor and agricultural machinery manufacturer, announced on Tuesday it will issue RMB 600 million short-term bonds with a maturity of 270 days on the interbank market on Jan. 7, market sources reported. The company ...
China: China to hike ag machinery purchase subsidy.
Jan 01, 2009 ... Byline: sanjayV03 CHINA will allocate CNY10 billion (A$2.11 billion) to subsidize farmers' purchase of agricultural machinery in 2009, compared with CNY4 billion (US$586 Million) this year, the Ministry of Agriculture said. The subsidies will be given to farmers by ...
China : Zijin Mining plans $381 mln copper refinery venture.
Jan 01, 2009 ... Byline: manish03 Zijin Mining Chinas top listed gold producer, said it planned to team up with a major shareholder to build a copper refinery in Fujian province at a total investment of 2.6 billion yuan ($381 million). Zijin Mining said late on Tuesday it planned to ...
China : Obasanjo s Messy Oil Deals $20bn Investment At Risk.
Jan 01, 2009 ... Byline: manish03 If the reported mandate given to the new Minister of Petroleum, Alhaji Rilwan Lukeman by President Umaru Musa Yar'Adua, is to clean up the mess created in the energy sector by former President Olusegun Obasanjo, he will soon find shockers. First, ...
Ecuador : Texaco Toxic Past Haunts Chevron as $27 Billion Judgment Looms.
Jan 01, 2009 ... Byline: manish03 Bolivar Cevallos walks around the farm where his family once lived amid the oil fields of Ecuador s Amazon rain forest. His boots sink ankle deep in tar. Everywhere he steps, oily muck seeps from the ground. A gasolinelike smell hangs in the ...
China : Beijing and Taiwan to drill together.
Jan 01, 2009 ... Byline: manish03 China's military entered its third day on Wednesday of a surprise, four-day military exercise in northeast China that has jarred Taiwan with maneuvers widely interpreted as practice for an invasion of the self-governing island. Reports in the Chinese ...
Georgia : SOCAR wins tender on sales of Georgian gas distributing companies.
Jan 01, 2009 ... Byline: manish03 The State Oil Company of Azerbaijan Republic (SOCAR) won the tender announced by the Georgian Ministry of Economic Development on sales of gas distributing companies. AZERTAG own correspondent reports that due to this fact SOCAR and the Georgian Ministry of ...
Indonesia : Indonesia, Japan May Sign LNG Contracts in January.
Jan 01, 2009 ... Byline: manish03 Indonesia may sign contracts in January to extend the supply of liquefied natural gas to Japan, the worlds biggest consumer of the fuel, beyond 2011. Japan has agreed not to be compensated for 90 outstanding cargoes of LNG under existing contracts, ...
Indonesia : Pertamina says plans to invest USD 1.74 bn (19 trln rph) in 2009.
Jan 01, 2009 ... Byline: manish03 Indonesias state oil firm Pertamina said on Wednesday it plans to invest 19 trillion rupiah ($1.74 billion) in 2009, against 17 trillion rupiah in 2008. It also ...
Indonesia : Pertamina says Natuna D-Alpha project delays persist.
Jan 01, 2009 ... Byline: manish03 Indonesias state-owned PT Pertamina may delay its decision to seek partners for developing the Natuna D-Alpha gas block in the Riau Islands. It is facing obstacles regarding the status of former operator ExxonMobil Corp. "We will once again write to ...
India : $2.5 million marked for Lake Delhi.
Jan 01, 2009 ... Byline: shiv03 The Lake Delhi Recreation Associations persistence after last summers historic flooding could pay off in the coming months. More than $2.5 million in federal and state funding has been directed toward Lake Delhi infrastructure recovery, according to a news release ...
India: Govt plans to spend $2 bn on health, education, amenities.
Jan 01, 2009 ... Byline: shiv03 Indias Stimulus Plan-II will aid IT sector New Delhi In a bid to increase public spending and take counter cyclical measures to beat the downturn, the Government plans to spend around $2 billion towards health, education and urban amenities. Of this, over $700 ...
India: New panel to probe into Sasan power project bid row.
Jan 01, 2009 ... Byline: prashant03 BL reported that the controversy surrounding the country s first Ultra Mega Power Project, following a botched up bidding exercise, refuses to die down. After a series of probes, the Power Ministry is now in the process of constituting a new ...
India: NTPC commissions stage II of Sipat Power Project.
Jan 01, 2009 ... Byline: prashant03 National Thermal Power Corporation Ltd (NTPC) has announced that the 2nd 500 MW at Sipat Super Thermal Power Project, Stage-II will commence commercial operation w.e.f. 00:00 Hrs of January 01, 2009. With the commercial operation of this unit, the commercial ...
India: Five companies bid for Tilaiya UMPP.
Jan 01, 2009 ... Byline: prashant03 Five companies, including State-run National Thermal Power Corporation (NTPC) and Reliance Power, Jindal Power, Sterlite Energy and Lanco Infratech have submitted bids for the long delayed 4,000 MW Tilaiya Ultra Mega Power Project (UMPP) in Jharkhand. Official ...
India: Suryachakra Power subsidiary commences operations.
Jan 01, 2009 ... Byline: prashant03 Suryachakra Power Corporation Ltd has announced that the M/s. South Asian Agro Industries Ltd having 10 MW Biomass Power Project located at Champa, Maharastra, a wholly owned Subsidiary of the Company, has started operations with effect from January 01, 2009. ...
India : OPAL awards $1.4 billion contract in Dahej SEZ, India.
Jan 01, 2009 ... Byline: manish03 ONGC Petro-additions has awarded a $1.4 billion contract to the consortium of Germany-based Linde and Korea-based Samsung Engineering. ONGC Petro-additions (OPAL), a joint venture company promoted by Oil and Natural Gas Corporation (ONGC) with 26% ...
India: IndusInd Bank gets back USD 23.7 m (Rs 115 crore) from Essar Oil.
Jan 01, 2009 ... Byline: manish03 Privately-owned IndusInd Bank has got back USD 23.7 m (Rs 115 crore) it had lent to leading private sector oil refinery Essar Oil, bringing down its NPAs significantly in the third quarter. The Mumbai -based lender has 50 per cent of its bad loans in ...
India: All eyes on revival of demand after stimulus.
Jan 01, 2009 ... Byline: manish03 Low commodity prices and a likely softening of interest rates have set the right business conditions, but the revival of demand both in domestic and overseas markets will be the key driver in 2009, experts said.Nevertheless, certain sub-segments within a sector ...
India: Indian Oil commissions oil pipeline in Orissa.
Jan 01, 2009 ... Byline: manish03 Indian Oil Corp, said it has started commissioning a 102-kilometre oil pipeline in eastern India, which will reduce its transportation costs. The pipeline, which runs from the port city of Paradip in Orissa state to Haldia in West Bengal cost 14.20 billion ...
India: Liladhar puts accumulate on Deepak Fertiliser & Petrochemical.
Jan 01, 2009 ... Byline: manish03 Broking house Prabhudas Lilladher has recommended accumulate on Deepak Fertiliser and Petrochemical on account of sustainable margin expectation and timely expansion plan. In the third quarter of financial year (FY) 2009, prices in the industrial chemical ...
India : ONGC near 90 pct acceptance for Imperial bid.
Jan 01, 2009 ... Byline: manish03 India's ONGC (ONGC.BO) is near 90 percent acceptance of its 1.3 billion pounds ($1.88 billion) bid for Imperial Energy, the threshold at which it will be forced to complete the deal, a source familiar with the matter said on Tuesday. Imperial ...
India: 5% energy to come from renewable sources from 2009-10.
Jan 01, 2009 ... Byline: manish03 Underlining the importance of electricity regulator in implementation of a national action plan on climate change, Pramod Deo, chairman of the central electricity regulatory commission (Cerc), on Saturday said that all power utilities in the country will have to ...
India: Global Maharashtra to focus on exploring biz opportunities.(Conference notes)
Jan 01, 2009 ... Byline: Mamta03 Maharashtra Chamber of Commerce, Industry and Agriculture (MACCIA) is organising a conference on January 10 that would focus on exploring business opportunities for entrepreneurs in India as well as overseas. "'Global Maharashtra'will open up business ...
India: Infosys eyes closer integration of tech & BPO biz.
Jan 01, 2009 ... Byline: Mamta03 Infosys Technologies is looking at a closer integration between its technology and BPO businesses to beat the slowdown blues. The move is expected to maximise profits for the tech bellweather at a time when billing rates are under pressure and ...
India : Indias TCS sees back office deals.
Jan 01, 2009 ... Byline: Mamta03 Tata Consultancy Services' (TCS.BO) acquisition of the Indian back office operations of U.S. bank Citigroup (C.N) is bringing in new business and India's top outsourcer was hopeful of closing two contracts, a senior official said on Wednesday. ...
India : HP Is Eyeing Satyam Computer.
Jan 01, 2009 ... Byline: Mamta03 According to reports from Indias Economic Times, Hewlett-Packard (NYSE: HPQ) could be considering a possible takeover of Satyam Computer (NYSE: SAY), as the company reels from a recent failed merger attempt with some related entities. The report ...
India : India Stocks Decline, Extending Record Annual Drop in Sensex.
Jan 01, 2009 ... Byline: Mamta03 Indian stocks dropped for the first day in three, extending the key Sensitive Index s record annual decline. ICICI Bank Ltd. and other lenders fell on concern the central bank s interest-rate cuts will be lower than expected. ICICI Bank, the nation s ...
India : India s Maytas Plans to Raise $500 Million.
Jan 01, 2009 ... Byline: Mamta03 Maytas Infra Ltd., an Indian real- estate company linked to Satyam Computer Services Ltd. Chairman S. Ramalinga Raju s family, plans to raise $500 million after Satyam canceled a plan to acquire the company, Economic Times reported. Maytas may sell ...
India : Satyam set for a shakeout, takeover: Research firm.
Jan 01, 2009 ... Byline: Mamta03 Beleaguered Satyam Computer Services is heading for a major shakeout or a takeover following its bid to diversify from its core business into the realty sector, a study by global technology research firm Forrester Research Inc has said. "The ...
India & Venezuela : Venezuela tells Indias ONGC it must cut output.
Jan 01, 2009 ... Byline: manish03 India's ONGC is near 90 percent acceptance of its 1.3 billion pounds ($1.88 billion) bid for Imperial Energy, the threshold at which it will be forced to complete the deal, a source familiar with the matter said on Tuesday. Imperial investors, ...
India: M&A deals up 12%; Indian cos tap global opportunities.
Jan 01, 2009 ... Byline: Mamta03 The global slowdown in 2008 provided good opportunity for Indian software service providers to cherry-pick attractive companies at reasonable prices - be it to expand global footprint or fill in capability gaps or access new markets. An interesting trend this ...
Iran: Iranian private company to construct transmission lines from Zahidan to Quetta.
Jan 01, 2009 ... Byline: prashant03 Iran will build a dedicated gas-based power plant of 1,000 megawatts near the Pakistan border to export electricity to Pakistan, Minister for Water and Power Raja Pervez Ashraf said on Tuesday. Talking to journalists, the minister said the plant to be built by ...
Iran : Irans refinery projects to go online in 2010.
Jan 01, 2009 ... Byline: manish03 Iran, the world's fourth-largest crude oil producer, has ambitious plans to improve its refining capacity to meet its internal requirements in the event of sanctions being imposed on it. The country is making an investment of $23.22 billion to build ...
Iran : Malaysia Wants To Further Boost Trade With Iran.
Jan 01, 2009 ... Byline: manish03 Although Malaysia and Iran are satisfied with the excellent bilateral relations, more should be done to boost business linkage between the two nations, Foreign Minister Datuk Seri Rais Yatim said Wednesday. Iran is Malaysias third largest trading ...
Iran & Mexico: Energy Ties With Mexico.
Jan 01, 2009 ... Byline: manish03 Iran and Mexico are planning to set up a joint committee on injecting of nitrogen gas into Iranian oil reserves, an official said. Speaking to Shana.ir, Head of Research and Development Center of National Iranian Oil Company (NIOC)National Iranian Oil Company ...
South Korea: State-owned firms to hike capital investment 18.5%.
Jan 01, 2009 ... Byline: manish03 State-owned companies plan to spend a total of 57 trillion won ($45.2 billion) next year on various capital projects to contribute to the government s overall effort to pump up the sluggish economy, the Ministry of Strategy and Finance reported yesterday. ...
South Korea: Govt to Boost Investment in 25 Public Enterprises.
Jan 01, 2009 ... Byline: manish03 Korea's major public enterprises will enlarge their investment by as much as W9 trillion next year to help overcome the tough economic climate at an early stage. The Ministry of Strategy and Finance says more than 30 key public institutions have ...
South Korea : S Korean public firms to spend over 45 bln US dollars next year.
Jan 01, 2009 ... Byline: shiv03 Twenty five major public firms in South Korea will invest a combined 57 trillion won (45.4 billion U.S. dollars) next year, up 18.5 percent or 9 trillion won (7.17 billion U.S. dollars) from this year, the Korea Herald reported Wednesday. Given the dire economic ...
Kazakhstan: Chinese, Kazakhstani companies to build power plant in Kazakhstan.
Jan 01, 2009 ... Byline: prashant03 North China Power Engineering Co. Ltd. a Chinese high-tech enterprise, is to team up with a Kazakhstani company to construct a gas turbine power plant with an installed capacity of 120 megawatts (MW) in Kazakhstan, the governor of Kazakhstans Aktobe region ...
Kazakhstan : Chinese, Kazakh Companies to Build Power Plant in Kazakhstan.
Jan 01, 2009 ... Byline: manish03 A Chinese company and a Kazakh firm are combining forces to build a gas turbine power plant with a capacity of 120 megawatts in Kazakhstan, the governor of the Kazakh region of Aktobe said. The plant, to be built by North China Power Engineering Co ....
Sri Lanka : Sri Lanka Unveils $141 Million Stimulus to Aid Growth.
Jan 01, 2009 ... Byline: manish03 Sri Lanka unveiled a 16 billion- rupees ($141 million) stimulus package that includes cutting retail fuel prices and removing some taxes to shield the economy from a global recession. Retail diesel, kerosene and furnace oil prices were cut by 10 ...
Malaysia: Good longer-term prospects for Pantech.
Jan 01, 2009 ... Byline: manish03 We are upbeat on prospects for Pantech Group (42.5 sen) over the longer term. The company carries a complete range of pipes, fittings and flow control (PFF) solutions used in the transmission of gas and fluids. The oil & gas sector, which is the company s ...