Estonia Oil and Gas Services Tenders and Bids

Get access to latest Estonia oil gas services tenders and bids. Find business opportunities and government contracts for Estonia oil and gas services tenders, Estonia oil gas exploration tenders, oil gas plant maintenance tenders, Estonia oil gas supply tenders, Estonia oil gas testing tenders, Estonia oil gas pipeline tenders, Estonia drilling tenders, Estonia logging tenders. Find Estonia oil gas services bids, tenders, procurement, RFPs, RFQs, ICBs. The economy of Estonia is an advanced economy and the country is a member of the European Union and of the eurozone. On 1 January 2011, Estonia adopted the euro and became the 17th eurozone member state. The privatisation of state-owned firms is virtually complete, with only the port and the main power plants remaining in government hands. In the second quarter of 2013, the average monthly gross wage in Estonia was €976. This figure has grown consistently to €1,310 as of 2018 and to €1,586 as of June 2021. Estonia is nearly energy-independent, supplying over 90% of its electricity needs with locally mined oil shale. Alternative energy sources such as wood, peat, and biomass make up approximately 9% of primary energy production. Estonia imports needed petroleum products from western Europe and Russia. Oil shale energy, telecommunications, textiles, chemical products, banking, services, food and fishing, timber, shipbuilding, electronics, and transportation are key sectors of the economy. The ice-free port of Muuga, near Tallinn, is a modern facility featuring good transshipment capability, a high-capacity grain elevator, chill/frozen storage, and brand-new oil tanker off-loading capabilities. The railroad serves as a conduit between the West, Russia, and other points to the East. Estonia today is mainly influenced by developments in Finland, Russia, Sweden and Germany – the four main trade partners. The government has significantly increased its spending on innovation since 2016, with €304 million aimed to stimulate research and development in 2017. Petroleum, also known as crude oil and oil, is a naturally occurring, yellowish-black liquid found in geological formations. It is commonly refined into various fuels and chemicals. Components of petroleum are separated by means of distillation. Petroleum mainly consists of hydrocarbons as well as traces of other organic compounds. The name petroleum covers both naturally occurring unprocessed crude oil and petroleum products that are made up of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Fuel oil (also known as heavy oil, marine fuel, bunker, furnace oil, or gasoil) is a fraction obtained from the distillation of petroleum (crude oil). It includes distillates (the lighter fractions) and residues (the heavier fractions). Oil has many uses; it heats homes and businesses and fuels trucks, ships, and some cars. A small amount of electricity is produced by diesel, but it is more polluting and more expensive than natural gas. It is often used as a backup fuel for peaking power plants in case the supply of natural gas is interrupted or as the main fuel for small electrical generators.