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South Korea Oil and Gas Product and Equipment Tenders and Bids

Get access to latest South Korea oil gas products equipment tenders and bids. Find business opportunities and government contracts for South Korea oil gas tenders, global oil tenders, global gas tenders, South Korea drilling tenders, South Korea fuel tenders, lubricant tenders, natural gas tenders, South Korea petrol tenders, South Korea diesel tenders, South Korea lpg tenders, oilfield tenders, refinery tenders, onshore tenders, offshore tenders. Find South Korea oil gas products equipment tenders, bids, procurement, RFPs, RFQs, ICBs. The economy of South Korea is a highly developed mixed economy mostly owned by family-owned conglomerates called chaebols. By nominal GDP, it has the 4th largest economy in Asia and the 10th largest in the world. South Korea is notable for its emergence of economic development from an underdeveloped nation to a developed, high-income country in a few generations. Notable Korean shipbuilders are Hyundai Heavy Industries, Samsung Heavy Industries, Daewoo Shipbuilding & Marine Engineering, and the now bankrupt STX Offshore & Shipbuilding. In 2017, 17.1% of South Korea's exports were semiconductors produced by Samsung Electronics and SK Hynix. Samsung and LG are also major producers in electronic devices such as televisions, smartphones, display, and computers. South Korea today has developed into one of the world's largest automobile producers. The Hyundai Kia Automotive Group is South Korea's largest automaker in terms of revenue, production units and worldwide presence. Most of the mineral deposits in the Korean Peninsula are located in North Korea, with the South only possessing an abundance of tungsten and graphite. Coal, iron ore, and molybdenum are found in South Korea, but not in large quantities and mining operations are on a small scale. Much of South Korea's minerals and ore are imported from other countries. Most South Korean coal is anthracite that is only used for heating homes and boilers. In 2019, South Korea was the 3rd largest world producer of bismuth, the 4th largest world producer of rhenium, and the 10th largest world producer of sulfur. Korea's largest construction companies include Samsung C&T Corporation, which built some of the highest building's and most noteworthy skyscrapers such as three consecutively world's tallest buildings: Petronas Towers, Taipei 101, and Burj Khalifa. 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.

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Global Tenders, through its proprietary algorithms offers an advanced yet simple to use search option through which the notices can be filtered according to the keywords, sectors, regions, product classifier, deadline, estimated cost with an option to export the results or set as daily email alerts.

Invitation to tender

An invitation to tender (ITT, otherwise known as a call for bids or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been previously assessed for suitability by means of a supplier questionnaire (SQ) or pre-qualification questionnaire (PQQ).

The term "notice inviting tenders" (NIT) is often used in purchasing in India.

An ITT differs from a request for quotation (RFQ) or a request for proposal (RFP), in which case other reasons (technology used, quality) might cause or allow choice of the second best offer. An RFP is a request for a price from a buyer but the buyer would also expect suggestions and ideas on how the project work should be done. RFPs are thus focused on more than just pricing/cost, they entail a bit of consulting from the contractor or vendor. The closest equivalent to an ITT in the mainstream private sector is an RFP which, since public money is not involved, typically has a less rigid structure.

Typology

Open tenders, open calls for tenders, or advertised tenders are open to all vendors or contractors who can guarantee performance.
Restricted tenders, restricted calls for tenders, or invited tenders are only open to selected pre-qualified vendors or contractors. The tender stage may form part of a two-stage process, the first stage of which (as in the expression-of-interest (EOI) tender call) was itself advertised, resulting in a shortlist of selected suitable vendors.
Sole source tenders, where only one potential supplier is invited to submit a tender.

The reasons for using restricted tenders differ in scope and purpose. Restricted tenders can come about because of:
- confidentiality issues (such as in military contracts)
- the need for expeditiousness (as in emergency situations)
- a need to exclude tenderers who do not have the financial or technical capabilities to fulfill the requirements.

A sole source tender may be used where there is essentially only one suitable supplier of the services or product.

Other types of proposal and terms in use include:
EOI - expression of interest
IFB - invitation for bids
ITN - Invitation to negotiate
ITV - invitation to vendors
RFA - request for applications
RFD - request for documentation
RFI - request for information
RFO - request for offers
RFP - request for proposal
RFQ - request for quotation or request for qualifications
RFS - request for services

The online tender process typically involves the following steps:

Publication of tender notice: The procurement agency publishes the tender notice on their website and other online platforms.
Bid submission: Suppliers access the tender documents online, prepare their bids, and submit them electronically before the deadline.
Bid evaluation: The procurement agency evaluates the bids electronically based on the evaluation criteria specified in the tender documents.
Contract award: The contract is awarded to the successful bidder, and the procurement agency notifies all bidders of the outcome.

Note that the tender process may vary depending on the procurement agency and the type of tender. Therefore, it is essential to carefully review the tender documents and follow the instructions provided.

Some portion of this article uses material from the Wikipedia article "Invitation to tender", which is released under the Creative Commons Attribution-Share-Alike License 3.0. Tags: South Korea Oil and Gas Product and Equipment Tenders, South Korea Oil and Gas Product and Equipment Bids, South Korea Oil and Gas Product and Equipment Global Tenders, South Korea Oil and Gas Product and Equipment International Tenders, RFPs, RFQs, EOI, ICBs, Contract awards.
Summary:
Gas Chromatograph Mass Spectrometer
Country:
South Korea
 
Notice Type:
Tender Notice
Deadline:
24 Apr 2024
Posting Date:
28 Mar 2024
 
 
 
Summary:
Gas Chromatograph Mass Spectrometer
Country:
South Korea
 
Notice Type:
Tender Notice
Deadline:
09 Apr 2024
Posting Date:
28 Mar 2024
 
 
 
Summary:
Sludge Treatment Plant 1 Series 2 Digester Gas Stirrer Site Control Panel Maintenance Work
Country:
South Korea
 
Notice Type:
Tender Notice
Deadline:
27 Mar 2024
Posting Date:
28 Mar 2024
 
 
 
Summary:
Manufacture And Purchase Of Materials (Submersible Pumps, Etc.) Provided For The Order Village Sewage Maintenance Project
Country:
South Korea
 
Notice Type:
Tender Notice
Deadline:
27 Mar 2024
Posting Date:
28 Mar 2024
 
 
 
Summary:
Research On Ways To Improve Standard Solution Management For Crude Oil Testing Equipment Calibration
Country:
South Korea
 
Notice Type:
Tender Notice
Deadline:
11 Apr 2024
Posting Date:
28 Mar 2024
 
 
 
Summary:
Manufacturing, Purchase And Installation Of Myeonmok Simple 1 And 2 Rainwater Pumping Station Submersible Pumps
Country:
South Korea
 
Notice Type:
Tender Notice
Deadline:
05 Apr 2024
Posting Date:
28 Mar 2024
 
 
 
Summary:
Leakage Exploration Service For Gyeongju-Si Local Water Supply Modernization Project (6Th)
Country:
South Korea
 
Notice Type:
Tender Notice
Deadline:
04 Apr 2024
Posting Date:
28 Mar 2024
 
 
 
Summary:
Manufacture And Purchase Of Submersible Pumps For Deukyun 1 Drainage Plant For Heavy Rain Damage Recovery Project
Country:
South Korea
 
Notice Type:
Tender Notice
Deadline:
27 Mar 2024
Posting Date:
28 Mar 2024
 
 
 
Summary:
Gas Chromatograph
Country:
South Korea
 
Notice Type:
Tender Notice
Deadline:
23 Apr 2024
Posting Date:
28 Mar 2024
 
 
 
Summary:
Livestock Waste Public Treatment Facility Digestion Gas Dehumidifier Installation Work (Mechanical Equipment)
Country:
South Korea
 
Notice Type:
Tender Notice
Deadline:
02 Apr 2024
Posting Date:
28 Mar 2024