Arab Today, arab today 41 bidders for iraqi energy fourth round
Last Updated : GMT 06:54:57
Arab Today, arab today
Arab Today, arab today

41 bidders for Iraqi energy fourth round

Arab Today, arab today

Arab Today, arab today 41 bidders for Iraqi energy fourth round

Dubai - Arabstoday

Iraq has qualified 41 companies to participate in its fourth energy bidding round, which is scheduled to take place in late January, Abdul Mahdy Al Ameedi, director of the oil ministry\'s contracts and licensing directorate, said yesterday. The bidding round for 12 new exploration blocs is expected to add 29 trillion cubic feet of gas and 10 billion barrels of oil to Iraqi reserves from the auction. \"We eventually qualified 41 companies,\" Al Ameedi said. Al Ameedi said the next step would be inviting the 41 companies to a roadshow on September 11 in Amman, Jordan and presenting a data package with initial tender protocol to companies on September 12. The announcement may lead to a clash with an Iraqi parliament energy panel chief who said in May he wanted the bidding delayed until lawmakers approve a long-delayed new hydrocarbons law. Opec member Iraq has already signed a series of deals with oil majors to develop its largest oil-fields and is seeking to boost its production as the country pulls back from years of war and economic sanctions. Maize Products National Co for Maize Products, an Egyptian sweetener producer, said its six-month profit declined 28 per cent. Net income for the period that ended June 30 was 30.7 million Egyptian pounds (Dh18.95 million) compared with 42.7 million pounds a year-earlier, the Cairo-based company said in a filing to the Egyptian bourse yesterday. Kingdom Holding Article continues below Kingdom Holding Co, controlled by Saudi billionaire Prince Al Waleed Bin Talal, said it will use a mix of bank financing, cash and revenue from the project to build the world\'s tallest tower in Jeddah. The Kingdom Tower will be build in three phases and there will be an equity capital of 1.5 billion riyals (Dh1.47 billion), the company said. Kingdom Holding last week hired Saudi\'s Binladin Group to construct the building that will replace Dubai\'s Burj Khalifa as the world\'s tallest tower. Maximus Air Cargo Maximus Air Cargo, the UAE\'s largest dedicated all cargo aircraft operator, reports that July saw a record operational month for the Airbus A300-600RF, operated under an Aircraft, Crew, Maintenance and Insurance agreement by Etihad Crystal Cargo. The aircraft, operated by the award-winning carrier since June 2009, reached an unprecedented level of 638 hours during July. This represented a 14 per cent increase over other months, primarily due to the airline increasing its charter requirement and the aircraft flying to new destinations such as Vienna, Damascus, Baghdad and Khartoum. Air Arabia Air Arabia, the Middle East and North Africa\'s leading low-cost carrier, has signed a strategic partnership agreement with Al Ansari Exchange, the UAE\'s largest network exchange house that provides worldwide remittance and foreign exchange services. Under the terms of the partnership, Air Arabia customers can now pay for their tickets through any of the over 100 Al Ansari Exchange branches across the UAE. Capital Management Capital Management House, the Bahrain-based investment bank, yesterday announced that it has made the second distribution of dividends to GCC investors of its aircraft leasing investment fund for the period ending June 30. Dividends for investors in the fund, which include a number of high net worth individuals, family offices and institutions from across the region, are paid on a quarterly basis and have been calculated at 10 per cent per annum. Majid Al Futtaim Majid Al Futtaim Properties, a developer and operator of shopping malls together with hotels and mixed-use community projects in the Mena region, announced that it has commenced works on the first phase of Khams Shamat, its 1.5 million square metres mixed-use project in Syria. The project, which is being developed in the Yaafour district, 17 km west of Damascus, will be developed through multiple phases with an estimated cost exceeding $1 billion (Dh3.67 billion).  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today 41 bidders for iraqi energy fourth round Arab Today, arab today 41 bidders for iraqi energy fourth round

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4m tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4m tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars

GMT 06:01 2017 Sunday ,26 February

BRIC funds see inflows amid emerging equity boom

GMT 05:43 2017 Sunday ,26 February

Al-Gergawi quits Dubai Holding to focus on govt role

GMT 05:14 2017 Sunday ,26 February

Oil prices to average $50-$70 through 2022

GMT 14:44 2017 Saturday ,25 February

China overtakes US as Germany’s top trade partner

GMT 05:53 2017 Saturday ,25 February

Global sovereign debt to hit new all-time high

GMT 05:17 2017 Saturday ,25 February

Oil world cautious on Trump’s next move

GMT 09:59 2017 Friday ,24 February

Baidu revenue slips anew amid ad clampdown
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday