Samsung Biologics and Samsung C&T formed Life Sciences Fund and invested in Senda Biosciences for the development of next-generation biopharmaceuticals.
SK Inc. and SK Energy jointly buy a major stake in Atom Power to expand its energy solution service portfolio.
Shinsegae will build an integrated mall with unique facilities and offer thousands of new jobs to the locals.
Nexstar Media will purchase a 75% stake in CW Network from Warner Bros Discovery and Paramount Global.
Kakao Corp. cancels the sale of its stake in Kakao Mobility after a month-long protest of the union workers.
Merck has acquired Mecaro and will use its facilities including the R&D center in South Korea after the completion of the deal.
Apple confirms iPhone and iPad security flaws fixed in the latest updates were possibly ‘actively exploited’
Instagram is reportedly muting videos edited and downloaded from its app if users do not post them as Reels first
The investment would let SK Inc., the holding company of SK Group, and SK Innovation Co., South Korea’s leading refiner, jointly develop next-generation SMR technologies.
South Sudan Ministry of Petroleum Launches Open Tender for Petroleum Audit
South Sudan’s government will commission an audit of national oil production and petroleum industry activities, the Ministry of Petroleum announced today. The Ministry invites companies to bid on a public tender to perform the audit and produce a 2017 audit report on the industry.
Objectives of the audit include completing an accurate assessment of oil, condensate and gas reserves and production; reporting on revenue and investment flows; and making recommendations on the technical, fiscal and regulatory issues faced by petroleum industry actors.
The move to enhance efficiency and promote transparency in the hydrocarbons sector is viewed by the Ministry of Petroleum as the foundation for South Sudan’s future prosperity. The successful completion of the petroleum audit will be an important step towards EITI candidacy and membership.
Companies are invited to bid on the open tender up to July 14, 2017, and can receive the relevant bidding guidelines and documents by writing to:
Distributed by APO on behalf of South Sudan Ministry of Petroleum.
Media contact: Mr. Steven Puoch Riek Deng, Executive Director Office of the Minister, Ministry of Petroleum Email: firstname.lastname@example.org Phone: +211 950 800 039 / +211 922 555 344