This stage sets in when the employer issues its acceptance of the successful bid. Depending on the conditions of tendering, it is usually upon the issuance of the said acceptance that a construction ...

Eric Teo, senior associate in the Construction and Engineering Practice of Al Tamimi & Company, talks about the fundamental legal aspects of the tendering process in the first of a two-part article.

Prosafe signed a contract with Petrobras for a firm period of 650 days for the Safe Zephyrus, commencing in May 2023. The contract value is approximately USD 73 million (equivalent to USD 112,500 per ...

Safe Zephyrus has arrived in Brazil and preparations are ongoing for contract commencement with Petrobras on 1 May 2023. Safe Eurus started its new four-year contract with Petrobras on 17 February ...