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BP: 24 top bids for $41.6M in Gulf oil lease sale
2014-03-20 04:36:39| Energy - Topix.net
High bids from Freeport-McMoRan Oil & Gas LLC made up more than one-third of the $850.8 million total at Wednesday's federal oil lease sale for the central Gulf of Mexico.
BP: 24 top bids for $41.6M in Gulf oil lease sale
2014-03-20 03:34:17| Oil & Gas - Topix.net
It also was the first sale since the government said BP PLC can again secure federal contracts; the company made $41.6 million in high bids.
NSW Government invites bids for Sydney light rail network contract
2014-03-10 01:00:00| Railway Technology
The New South Wales Government has invited the shortlisted three major international consortia for bids to deliver and operate the CBD and South East Light Rail network in Sydney, which is worth around $1.6bn.
Tags: network
light
government
contract
Bouygues, Numericable make takeover bids for SFR
2014-03-06 09:18:00| Telecompaper Headlines
(Telecompaper) Vivendi has confirmed that Bouygues Telecom and Altice, the owner of cable operator Numericable, have made binding offers for its French operator SFR. It did not disclose financial details of the offers, but Bouygues said its offer values SFR at around EUR 14.5 billion. Mindful of the French government's concerns about unemployment, Bouygues also said if its bid succeeds, there would be no forced redundancies. Bouygues bid includes EUR 10.5 billion cash and a 46 percent stake for Vivendi in the merged entity. The new company would be listed on the stock market after the merger, helping it raise cash for investments. This would also give Vivendi the option to sell another 15 percent stake. Bouygues would hold 49 percent in the new company and consolidate its results fully. Bouygues expects EUR 10 billion of synergies from the merger of the two companies, which already have a mobile network-sharing agreement in place. Altice did not disclose further details of its bid. Vivendi said its supervisory board will study the offers, but did not give a deadline for taking a decision.
St. C Gets No Bids For Drilling
2014-03-02 15:29:38| Oil & Gas - Topix.net
At a lease rate of $7,300 for each of its 195 mineral acres, St. Clairsville city leaders stood to collect more than $1.42 million from a Utica Shale natural gas company - in addition to gaining 20 percent worth of royalties at the start of production.
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