Tag: tenders
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The electricity crisis in Yemen prompts the Fuel Tenders Committee to resign en masse
The electricity crisis in Yemen – which escalated during the recent period, with the decline in fuel supplies needed to operate the stations – prompted the Fuel Purchase Tenders Committee to submit a collective resignation to the government. Today, Monday, June 19 (2023), the participating members of the committee and representatives of (Ministry of Electricity…
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10 tenders to support oil production in Kuwait to 3 million barrels per day
Aiming to boost Kuwait’s oil production to 3 million barrels per day by 2025, up from 2.8 million barrels per day now, the Gulf state’s oil sector is preparing bids worth more than $700 million. Today, Sunday, June 18 (2023), the CEO of the Kuwait Oil Company, Ahmed Jaber Al-Aidan, announced his country’s commitment to…
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Holding the first oil and gas tenders in America after delays that lasted nearly a year
Yesterday, Thursday, May 25 (2023), the first tenders for the sale of oil and gas exploration concessions in America were held, after delays of nearly 11 months, generating nearly $80 million for federal coffers. It is the second auction of its kind to be held in New Mexico – the second largest oil-producing state in…
