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In 2007, Occidental Petroleum exited Pakistan and solds its assets to BP Pakistan. [1] In 2011, United Energy Group acquired the Pakistani assets of BP and BP Pakistan was renamed as UEP. [2] [3] A year later, in 2012, UEP secured a credit line of $5 billion from China Development Bank for its Pakistani operations and other potential acquisitions.
The Public Procurement Regulatory Authority (PPRA) is an autonomous regulatory authority in Pakistan responsible for prescribing regulations and procedures for public procurement by Government of Pakistan-owned public sector organizations and monitoring of procurement undertaken by other public sector organizations under the Public Procurement Regulatory Authority Ordinance of May 2002. [1]
In 2012, UEP secured a credit line of $5 billion from China Development Bank for its Pakistani operations and other potential acquisitions. In March 2018, UEP acquired OMV Pakistan assets for US$192 million. [4] In FY2019, United Energy Pakistan was the largest foreign oil and gas exploration and production company in Pakistan.
Government procurement in Pakistan is overseen by the Public Procurement Regulatory Authority (PPRA), an autonomous body based in Islamabad which was established by the Public Procurement Regulatory Authority Ordinance of May 2002. The PPRA is responsible for issuing regulations and procedures for public procurement undertaken by federal level ...
July 24, 2012 began Phase I of a consolidation of federal government systems used for contracting to SAM (System for Acquisition Management). On that date, users were no longer permitted to enter new information into the CCR or the other systems being migrated in Phase I to allow sufficient time for their data to be migrated to SAM.
Texas Gov. Greg Abbott has asked the federal government to reimburse his state for the more than $11 billion of taxpayer money it has spent on border security over the past four years.
In November 2017, DGDP renewed a Memorandum of Understanding (MoU) with Pakistan National Shipping Corporation (PNSC). They have been in working relationship for more than two decades. [3] In June 2019, the federal government sanctioned an additional fund of Rs 410 million for the upkeep and repair of two VVIP Gulfstream planes. [4]
All the Chinese nationals working at the port in Baluchistan province were safe, the officials said. Pakistan repulses attack near Chinese-funded port in southwest, killing 8 insurgents, officials say