E&P project: Halliburton and Baker Hughes get beaten by an underdog. ONGC PRP-X pushes offshore pipeline replacement into a high-control EPCI risk test. E&P contracting brief: Part I. E&P contracting brief: Part II. Downstream contracting briefs: Results. India’s coal gasification push is quietly rewriting the rules of industrial gas BOO contracts. Indian PSUs are laying the groundwork for how the world will be in 2050. Downstream contracting briefs: Part I. Downstream contracting briefs: Part II. India coastal fleet: Caught between the devil and the sea. Mahanagar Gas Ltd: The new MD is in a tight seat. Great Eastern Shipping: Laughing all the way to the bank. Morbi: Unorganised tile cluster ran on LPG and propane bought in cash. Gas is currently under-priced: And the price shock will come later. Air transport in India faces a 23.7 percent input cost shock. Gas shortage: Compressors are targeted. CBG can take care of 1.5 times India’s gas demand: Not enough is getting done. Gas connectivity: Many demand centres have no connection. India has 7 days of LNG storage. India's largest LNG capacity build-up has just got started. Today's update in E&P, Midstream-Downstream & CGD sector. India’s offshore rig market: What is going on?. Oil & Gas Sector: All new tenders of the day. Oil & Gas Sector: Get all winning contracts of the day. Daily forward looking import matrices. GAIL Gas signs industrial PNG supply agreement with SAIL’s Rourkela Steel Plant . Lucknow District City Gas Distribution Project. PE style acquisition in E&P: the templates are imported. Paradip is becoming IOCL’s strategic anchor — refinery, petrochem, now SAF. B-80 crude is commingled inside HPCL’s Mumbai refinery tanks: The legal mess is unprecedented. The same crisis, three different bills: how OMCs, CGDs and ceramics are each paying a different price. IOCL’s strongest Q4 in years arrives as the LPG hole widens. M11 Energy Transition picked for a Rs 1,063-crore SAF JV: Strange partnership. Assam-Arakan footprint at Lohar, Karjisan and Elao: a new operator in OIL’s home territory. 100% PI on Mahanadi offshore and Mumbai High offshore: A small company is reaching for the skies. Every $5 of crude is roughly 20 bps of CPI : the inflation breakthrough will bite . ADNOC’s 30-million-barrel India storage push is supplier lock-in dressed up as energy security. IOCL’s 2G ethanol dust-removal tender exposes the execution stress inside India’s biofuel buildout. Government numbers: The ommission is too uniform to be accidental. Today's update in E&P, Midstream-Downstream & CGD sector.
E&P project: Halliburton and Baker Hughes get beaten by an underdog
May 21: 8Its bid sat far below below Halliburton and Baker Hughes 8The spread raises a sharper question on whether the award reflects efficiency, risk absorption or margin stress. Click on Details for moreDetails
ONGC PRP-X pushes offshore pipeline replacement into a high-control EPCI risk test
May 21: 8ONGC’s PRP-X is more than a replacement pipeline tender. 8The package folds rigid pipelines, risers, hot tapping, deck extensions and live-platform modification into a single offshore execution test. 8The real story is how much technical uncertainty the contractor must price before the field is fully verified. Click on Details for moreDetails
E&P contracting brief: Part I
May 21: 1) Oil India cancels CO? compressor package tender, putting Jaisalmer CCS procurement reset under watch 8Find out what really happened
2) ONGC S&SRP corrigendum keeps offshore LSTK risk with bidders as brownfield replacement scope stays tightly bundled 8ONGC’s S&SRP tender keeps the offshore replacement package technically broad and commercially disciplined. 8The visible documents push bidders to absorb survey, engineering, fabrication, marine and commissioning risk inside one LSTK envelope. 8What the corrigendum does not spell out may matter as much as what it changes.
3) Oil India extends low mast workover rig tender in Assam after selective technical relaxations 8Find out what they are
4) OIL extends Andaman offshore bundle services tender after price-bid, IEM and perforation-spec resets 8OIL’s latest corrigendum gives bidders another week, but the date shift is only the visible change. 8The tender now carries a revised price bid format, new Kakinada address, updated IEM list and a relaxed perforation gun diameter range.
5) ONGC extends MOPU tender for RJP/R-10A after easing entry and execution filters 8ONGC has pushed the R-series MOPU tender, but the extension is only the visible part of the shift. 8The deeper change is in qualification, mobilisation and design-life clauses that reshape who can credibly bid. 8The risk allocation, however, remains far tougher than the relaxed dates suggest.
6) Oil India extends New OCS Nagajan EPC tender as revised drawings and bidder queries reshape bid risk 8Oil India’s New OCS Nagajan EPC tender has been pushed after a heavy corrigendum cycle. 8The extension follows revised PFDs, plot plans, P&IDs and discipline documents that materially change the bid baseline. 8The bigger question is whether the extra time is enough to keep competition alive without inflating EPC risk pricing.
May 21: 1) ONGC Mehsana tests microbial route to cut paraffin downtime in waxy-crude wells 8ONGC’s Mehsana Asset is testing whether microbial treatment can reduce a recurring wax problem that conventional hot oiling, scraping and chemicals have not fully controlled. 8The EOI places PDB culture, solvent support and post-job analysis at the centre of a 15-well pilot.
2) ONGC Mehsana tightens work-over rig mobility with KPI-linked heavy-lift tender 8ONGC’s Mehsana tender turns rig shifting into a measured reliability service rather than a plain transport job. 8The package hardwires crane readiness, route discipline, certified lifting gear and parallel rig movement into the contractor’s risk basket.
3) ONGC’s subsea capping stack tender shifts deep-water blowout readiness into a 10-year emergency-access model 8ONGC is not buying a routine oilfield service; it is buying pre-arranged access to subsea source-control capability for deep-water wells. 8The tender combines a 15,000 PSI capping stack, ROV intervention, debris clearance and emergency planning into a long-tenure membership structure.
4) ONGC’s Kalol FR pre-bid replies cut tank ambiguity but leave brownfield LSTK risk with bidders 8ONGC has cleaned up several contradictions in the Kalol FR surface-facilities tender, including tank quantity, GGS-III scope and RTU/SCADA boundaries. 8But the pre-bid replies keep the hardest brownfield uncertainties inside the LSTK contractor’s risk envelope.
5) ONGC torque-turn offshore tender extended as equipment-age and mobilization clauses expose bidder pressure points 8ONGC has pushed the bid deadline for its offshore computerized torque-turn package . 8The extension comes after bidders challenged the 7-year equipment cap, 5-day mobilization rule, dope uncertainty and breakdown penalty structure. 8The real signal is not the extra 14 days, but which risks ONGC relaxed and which it left untouched.
6) OIL extends Andaman offshore mud engineering tender as high-EMD drilling support package stays intact 8OIL has pushed the deadline for its Andaman offshore mud engineering tender by 14 days. 8The extension gives bidders more room, but the high EMD, two-packet GeM structure and 90-day mobilisation pressure remain unchanged.
May 21: 1) IOCL narrows Kaithal CBG cluster QRA tender to three technically qualified bidders amid stringent pipeline-risk evaluation 8The qualification outcome suggests that conventional industrial safety capability alone was insufficient for pipeline-linked bio-gas infrastructure assessment. The tender may now serve as an early indicator of how India’s future CBG-to-grid projects will be technically governed.
2) HPCL’s Mangalore LPG pipeline award exposes a brutal new pricing floor for intelligent pigging vendor 8Find out more
3) BPCL awards Kandla LPG rail connectivity DPR and ESP consultancy contract to M R. Technofin Consultants 8Find out more
4) India’s refinery expansion boom is quietly reshaping the instrumentation contractor hierarchy at NRL’s NREP project 8Find out more
5) Konstelec’s win in NRL’s RPTU instrumentation package signals aggressive refinery EPC execution pricing at NREP 8Find out more
India’s coal gasification push is quietly rewriting the rules of industrial gas BOO contracts
May 21: 8And global majors are pushing back Click on Details for moreDetails
Indian PSUs are laying the groundwork for how the world will be in 2050
May 21: 8They are looking at AI/ML-enabled demand engines capable of modelling petroleum, LNG and alternate-fuel disruptions till FY2050. Click on Details for moreDetails
Downstream contracting briefs: Part I
May 21: 1) Refinery’s coke drum crack may expose hidden retrofit risks in India’s ageing coker fleet 8A coke drum that reportedly operated failure-free for over two decades cracked only after automation-led retrofit modifications changed flow geometry and load distribution. The investigation could reopen uncomfortable questions around how Indian refiners validate ageing equipment after automation upgrades.
2) IGGL’s Duliajan feeder line EIA tender tightens environmental qualification barriers while accelerating Northeast gas corridor readiness 8Behind the EIA language, the tender reveals how aggressively the promoter is trying to accelerate Northeast gas infrastructure readiness.
3) CPCL’s digital logbook tender delays are exposing how unprepared refinery ecosystems remain for real-time operations digitisation 8Know more
4) IOCL’s repeated extension on a low-value reformer tube tender signals a deeper scarcity in India’s refinery integrity market 8Know more
5) GAIL may be discovering the limits of pushing engineered midstream procurement through GeM 8Let us tell you why
May 21: 1) Paradip is emerging as one of India’s toughest compliance theatres for oily-sludge disposal contractors 8Odisha-linked permissions are now emerging as a decisive participation factor in hazardous-waste packages around Paradip. Contractors without local regulatory alignment face higher mobilisation friction. That could gradually reshape regional waste-handling competition across eastern India’s refining corridor.
2) CPCL’s Refinery-III shutdown insulation tender extension signals pressure on specialised refinery maintenance participation 8The extension comes despite a shutdown-critical execution schedule. Contractors appear to be weighing operational liabilities against compressed execution windows. The final bidder mix could reveal how constrained India’s refinery insulation contractor ecosystem has become.
3) IOCL’s consultant panel may become the hidden command centre behind future hydrogen and petrochemical bets 8IOCL is effectively building an external brain trust covering hydrogen, catalysts, specialty chemicals, mobility and long-range market forecasting. The firms that make this panel could quietly influence future downstream and transition capital allocation.
India coastal fleet: Caught between the devil and the sea
May 21: 8Old and entirely running on conventional fuel It has nowhere to go Click on Details for more.Details
Mahanagar Gas Ltd: The new MD is in a tight seat
May 21: 8His appointment became effective 30 April, just as the Hormuz-driven gas cost spike was transmitting into city gas prices. 8The first six months of his tenure will be defined by pass-through decisions he did not design. Click on Details for moreDetails
Great Eastern Shipping: Laughing all the way to the bank
May 21: 8Where is the company going to deploy all the cash it has picked up during the crisis? Click on Details for moreDetails
Morbi: Unorganised tile cluster ran on LPG and propane bought in cash
May 21: 8It cannot any more Also know more on why Morbi factories are now facing a labour shortage Click on Details for moreDetails
Gas is currently under-priced: And the price shock will come later
May 21: 8There seems to be a persuasive logic behind this argument Click on Details for moreDetails
Air transport in India faces a 23.7 percent input cost shock
May 21: 8Which tier — airline, OMC, or consumer — ultimately takes the hit is the question Click on Details for moreDetails
Gas shortage: Compressors are targeted
May 21: 8The logic is blunt: in a high-gas-price environment, using gas to move gas is an economic absurdity. 8The operational saving per compressor is calculable. 8The barrier is procurement and execution, not economics. Click on Details for moreDetails
CBG can take care of 1.5 times India’s gas demand: Not enough is getting done
May 21: 8CBG grid injection as the single most urgent near-term action, claims this expert Click on Details for moreDetails
Gas connectivity: Many demand centres have no connection
May 21: 8Find out what the data says 8There is a lot to be done Click on Details for moreDetails
India has 7 days of LNG storage
May 21: 8Europe has 70. That gap is no longer a planning footnote. 8It is a national emergency. The money to fix this has been calculated but who will foot the bill Click on Details for moreDetails
India's largest LNG capacity build-up has just got started
May 21: 8The ambitious plan is moving ahead again Click on Details for more
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Today's update in E&P, Midstream-Downstream & CGD sector
May 21: 8Here's what's happening today in the E&P, midstream-downstream, and CGD section Click on Reports for more DetailsDetails
India’s offshore rig market: What is going on?
May 21: 8ONGC has delayed tenders even as rig availability tightens Click on Details for more
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Oil & Gas Sector: All new tenders of the day
May 21: 8Get all the latest tenders announced across the oil and gas industry today. 8Discover new procurement opportunities from key public and private sector players. Also click on the Tenders section for more detailed documentation Click on Reports for more.
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Oil & Gas Sector: Get all winning contracts of the day
May 21: 8A daily roundup of tender results in the oil and gas sector. 8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts. Click on Reports for more.
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Daily forward looking import matrices
May 21: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days. Get the daily updates for : 8LNG 8Crude 8Chemicals 8Fertilizers 8LPG 8Ammonia 8Coal & Coke 8All tankers 8Bulk and Dry cargo Click on Reports for more.Details
GAIL Gas signs industrial PNG supply agreement with SAIL’s Rourkela Steel Plant
May 21: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content): 8Qatari LNG outage shifts global gas market into structural deficit Details 8BP adds three Indonesia exploration blocks tied to Tangguh LNG Details 8Golar LNG stock price target raised to $67 by BTIG on strong Q1 Details 8REnergy Dynamics bags two waste-to-CBG projects in Tamil Nadu Details 8Advait Energy, TECO sign MoU for hydrogen fuel cell manufacturing in India Details 8250 km in single refill, but here’s why hydrogen buses may not work in city Details 8Government notifies standards for petrol blends beyond E20 Details 8Supreme Court refuses to defer hearing in KG Basin gas dispute Details 8US-Bangladesh sign energy pact amid scrutiny over Adani deal and West Asia war Details 8IEA: Oil shock sparks surge in EV sales Details 8The global energy crisis is driving countries back to coal Details 8Global gas markets may be underpricing the Middle East LNG shock Details 8New finds to catalyse Indian natural gas business: ICRA Details 8India faces 400,000 barrel per day LPG shortage amid energy crisis Details 8IGL hikes CNG prices again; Delhi rate crosses Rs 80/kg Details 8Andhra govt clears 2,250 MW Adani pumped storage project in Kadapa Details 8India weighs $1 billion aid for private electric buses, trucks Details 8Kotak warns of massive fuel under-recoveries despite recent Rs.3/litre price hike Details 8Govt keeps domestic LPG prices unchanged at 913.5 Details 8Tankers exit Strait of Hormuz with six million barrels of crude oil Details 8China's Xi, Russia's Putin praise ties but see no energy headway at Beijing talks Details 8Cement companies' profitability to moderate in FY27 on rising fuel, logistics costs: ICRA Details 8Fuel price hike sparks public outcry as petrol, diesel costs rise across India Details 8India Oil says revenue loss on LPG widens in May Details 8Krishna-Godavari basin dispute: Reliance and others seek mediation, SC refuses to halt hearing Details 8Oil falls after Trump says US will end Iran war 'very quickly' Details 8Tankers exit Hormuz as Trump, Vance talk up Iran deal prospects Details 8India prepares to send oil tankers through Hormuz for new supply Details 8Ready to flex ethanol muscle, E100 gets road map to cut oil imports Details 8BPCL wins gold award for renewable energy integration at Greentech Energy Summit 2026 Details 8ONGC wins digital transformation champion award at ICC technology excellence awards Details 8GAIL Gas signs industrial PNG supply agreement with SAIL’s Rourkela Steel Plant Details 8ONGC hosts interns under Prime Minister Internship Scheme at Rajahmundry facilities Details 8GAIL hosts 22nd HSE workshop in Delhi, focuses on safety, risk management & digital innovation Details 8Indian Oil final dividend 2026: Maharatna PSU rewards shareholders after record FY26 profit; check payout and key dates Details 8India secures oil supply with steady Russian crude inflows Details 8India’s oil trade deficit may widen sharply in FY27: CRISIL Details 8Fuel price hikes can help cover India’s need for $30 bn in FX reserves amid oil shock Details 8India plans to send oil tankers through Strait of Hormuz for new supply amid Iran conflict disruptions Details 8Gita Gopinath flags inflation, more fuel hikes likely; says rupee at 100 no worry Details 8Is green hydrogen India’s key to withstanding global oil crisis? Details You can also click on Newsclips for more