contracts

Representational image. Photo: Reuters
Economy

Offshore bidding opens today with 'attractive' PSC

A new Production Sharing Contract (PSC) was signed in 2019 but no bidding was called. After nearly four years, the cabinet gave final approval to the new PSC last July.

FILE PHOTO: Model of LNG tanker is seen in front of China's flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
Global Economy

China LNG buyers expand trading after adding more US, Qatari contracts

FILE PHOTO: World Bank President David Malpass responds to a question from a reporter during an opening press conference at the IMF and World Bank's 2019 Annual Fall Meetings of finance ministers and bank governors, in Washington, U.S., October 17, 2019. REUTERS/Mike Theiler//File Photo
Coronavirus chronicle

World Bank head urges countries to sign vaccine contracts now

File Photo: A logo is pictured on the headquarters of the World Health Orgnaization (WHO) in Geneva, Switzerland, June 25, 2020. Photo: Reuters/Denis Balibouse
Coronavirus chronicle

WHO calls for prioritising vaccine contracts with COVAX