Bahrain’s Tatweer Petroleum is expected to award the engineering, procurement and construction (EPC) contract for its Bahrain Oil Field Associated Gas Compression Stations Project Phase 7 in the second quarter of 2023, a source close to the project told Zawya Projects.

The upstream oil and gas company is undertaking a field development project to increase oil and associated gas production in its Bahrain Oil Field.

The tender for the EPC contract was issued on 21 November 2022 with bid submission deadline of 5 February, according to the Bahrain Tender Board.

The source said the technical bids were opened on 6 February 2023.

“Bid evaluation is ongoing. All six bidders’ documents were accepted, and the award is expected in May 2023,” the source said.

The bidders include Enerflex Middle East, Jereh Oil & Gas Engineering Corporation, Wasco Engineering International, Woodlands Energy Services Company, Petrofac International Bahrain, and TDE Overseas.

The project, with an estimated value of $200 million, is expected to be completed by the fourth quarter of 2025, the source said.

The scope of work, according to Tender Board, incudes design, procurement, fabrication, installation, testing, pre-commissioning, commissioning, and start-up of three compression stations CS12, CS13, & CS14 to increase the Bahrain Field’s total compression capacity and for enhanced oil recovery purposes.

All the 104,675,000 Placement Shares as announced on 20 April 2021 have been fully subscribed by investors, including institutional investors, on behalf of their clients and investment funds, such as PHEIM Asset Management Sdn Bhd, PHEIM Asset Management (Asia) Pte Ltd and TA Investment Management Bhd. 102,445,000 Placement Shares will be listed on 5 May 2021 and the date of listing for the remaining 2,230,000 Placement Shares will be announced in due course.

https://www.google.com.my/amp/www.asiaone.com/business/confluent-appoints-ingram-micro-singapore-distributor-helping-more-enterprises-harness%3famp

Hope krono will follow too

Anyone here have good knowledge regarding event streaming platform?

Clearly overall market is weak sentiment

Mr.operator also need to depend on market sentiment

Only Mr.market know.so just let the market to decide

It takes around 2 weeks for bursa to approve the PP then 5 days to decide the price for PP

A new acquisition may take the PP
Just like how the deal with sandz solution

Is depend on what’s ur entry price,holding power and what type of investor you are.

Seems like krono may intend to diversify their business into supply chain industry

Today actually can close at 0.765 but due to sudden surge of 10year yield.let see how nasdaq perform tonight

Tomorrow gap up and fly to the moon!

Be confident guys
Trade what you see not what you think

The Board of Directors of Kronologi Asia Berhad has approved the change in the financial year end from 31 Dec to 31 Jan. The next set of audited financial statements shall be for a period of 13 months from 1 Jan 2020 to 31 Jan 2021. Thereafter, the financial year end shall be on 31 Jan for each subsequent year. The rationale is to allow the Group to avoid the peak financial reporting in December and to enable better planning, coordination and management of its audit and reporting duties.

Announcement dated 29 May 2020

Pls add me thx

Need to wait for buying machine to switch on

Burrp

Hahaha superpanda you also realised!
Krono operator is very cunning
It happened to me once when I keep average down to 0.495 before baidu contract announced

Tomorrow is the day

Bullish flag nice and tight

Next qr will shows 4 months period (oct’20-jan’21)

Financial year end changed to 31st Jan 2021

Hi all would like to know will the qr result for krono be delay?as krono latest financial year changed to Jan 2021 instead of December 2020

Krono on its way to 500m market cap

https://www.google.com.my/amp/s/www.forbes.com/sites/tomcoughlin/2021/01/20/2021-ces-storage-for-volumetric-video-automobiles-enterprise-and-data-centers/amp/

Progress billing for baidu contract may reflect in next QR

Next QR hopefully revenue in Philippines by Sandz Solution will increase and also quantum storage in Taiwan n hk then it will have a chance to hit profit of 6.8m

Will the next qr result be delay?since krono had changed its financial year to Jan 2021

It will be good if krono’s next qr will hit above 6.8m

Icapital tp 1.8

Thx Felix for sharing such good information
I’m still holding tight!

Hi Gooshen
You are free to criticizing krono’s share price
But by using personal attacks against those with differing views will shows you are lack of emotional intelligence

Is retest level @ 0.805 if u can see the historical chart as 0.805 is key area of value.
The next key area of value will be @0.96

Hope it will announce at the time krono touch rm1.

Hi Wehcant any update on krono’s announcement?

It might challenge 52 weeks high!

Hopefully will be the announcement about Quantum’s autonomous vehicle solution

Any good news going to announce?

I’m holding tight too
Is one of my mid-long term stock in 2021

Will there be any negative impact to Pohuat as USA banned Vietnam’s furniture?

Once 0.685 successfully tested
The next area of value will be @ 0.805

https://www.klsescreener.com/v2/news/view/747593

LGH lol I'm not ah Wen.i don't know u but I know ur dad

U r Hock Lee's son