bid round | Egypt Oil & Gas - Part 6
224 Firms Submitted Bids to Lift Nigerian Crude
The Nigerian National Petroleum Corporation (NNPC) has announced that 224 companies have submitted bids for the lifting and sale of crude oil during the upcoming 12-months calendar, Ecofin Agency informed. NNPC’...
Egypt Postpones Bid Round Due to Oil Prices
The Egyptian General Petroleum Corporation (EGPC) decided to postpone planned bid round until prices of Brent oil stabilize in international markets. The bid round was intended to be launched early 2016, offering 10 c...
El Molla: Egyptian-UAE Energy Ties are Strong, Positive Outlook for 2016
Egypt and UAE have become close across the economic and political spheres over the past three years, Egyptian Petroleum Minister, Tarek El Molla said, as Cairo has been receiving a flow of broad support from the UAE m...
EGAS to Launch a New Bid Round for Mediterranean
The Egyptian Natural Gas Holding Company (EGAS) is preparing for a new bid round for the offshore Mediterranean area, Daily News Egypt reports. Khaled Abdel Badie, Chairman of EGAS, said that the areas and other detai...
Egypt’s Sino Tharwa Wins Algerian Bid
Ahmed Anwar, Chairman of Sino Tharwa, has informed Egypt Oil & Gas that the company has tendered for and won an international bid round in Algeria. The move is part of the company’s effort to enter the inter...
EGPC to Issue New Bid Round in December
Sources at the Egyptian General Petroleum Corporation (EGPC) have informed Egypt Oil & Gas that a new bid round will be announced at the end of December 2015. The bid round will offer new areas in the Western Dese...
Nigeria Launches Transparency Bid Round Via TV
Nigeria’s state oil firm NNPC began auctioning annual crude term contracts on live television on Tuesday, reported Reuters. The contracts are for nearly 2 million b/d of crude oil exports. This time round, howev...
Oil Majors, Petrobras Skip Brazil Bid Round
Major oil companies like Shell, BP, and Total failed to submit bids for new blocks in Brazil’s most recent auction yesterday, reported Bloomberg. The auction showed dismal results, with only 37 of the blocks being awa...
