Procurement And Tender News

Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.

France,United Arab Emirates,United Kingdom : France\'s Hollande to boost Total for UAE gas deal, trumping UK

Publish Date : 12-Jan-2013

French President Francois Hollande will lead a charm offensive in the United Arab Emirates next week to try and help oil major Total win a US$10 billion deal to operate the strategically important Bab sour gas field.

By deploying Mr Hollande, Paris hopes to outmanoeuvre rivals including Britain, which is to send a Foreign Office under-secretary in support of Royal Dutch Shell, at an Abu Dhabi energy conference, where the deal will be discussed on the sidelines.

Aside from its value, the Bab ultra-sour gas deal could also give Total a competitive edge in talks for the 2014 renewal of the UAE\'s largest onshore oil concession, ADCO, on which the Bab field stands.

\"Hollande is set to have a three-hour meeting with the country\'s ruler, Sheikh Khalifa bin Zayed al-Nahayan,\" a French diplomatic source said. The meeting will be the centrepiece of Hollande\'s lightning one-day visit on Tuesday.

Go to previous page

Request for CallBack