The UAE has asked bidders for its biggest onshore oilfields to extend their offers by two months until December 31, sources familiar with the matter said, as the country considers bringing in Asian firms after decades-long partnerships with we
Iraq's oil ministry has again delayed an international tendering for the development of its 4 billion-barrel Nassiriya oil field and the construction of an associated 300,000 barrel a day refinery, the Iraqi oil ministry said on Tuesday.
The UAE National Astronomical Observatory and Telescope project has been approved and authorities are at the phase of putting the specification for the bidding process, the CEO of Dubai Astronomy Group said.
The project will be ha
Legal action is being taken against Bahrain's telecom watchdog for allegedly barring Menatelecom from bidding to offer 4G mobile phone services, a report said.
The company yesterday filed a case against the Telecommunications
Politics will play a major part in the sale of Maroc Telecom. Vivendi, the French media and telecom conglomerate, is in shrinking mode.
It hasn't had any trouble drumming up interest from far-flung corners of the world for its
Oil major BP, shut out of pre-qualification bidding to develop Abu Dhabi's largest onshore oil fields, is hopeful it can be included in the process and is waiting to hear soon on the issue, chief executive Bob Dudley said o
BP has been excluded from the pre-qualification bidding process to develop Abu Dhabi's largest onshore oil fields, the concession for which is set to expire in 2014, according to a report by the Petroleum Intelligence Weekly.
BP, which has
Iraq awarded only one out of six new oil and gas blocks to foreign companies on Wednesday after tough contract terms dampened interest during a fourth energy bidding round the Opec-member hoped would further expand its energy sector.
Saudi-based contractors expect fierce competition in bidding for the expansion of PetroRabigh petrochemical complex as firms strive for more work in the world's largest oil exporter.
Bidding on seven packages as part of the expansion f