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OBE contracts-I: Why does EIL take the cake?.  OBE contracts-II: How much does EIL charge?.  OBE contracts-III: Pros and cons of LSTK vs. OBE .  Download Tenders and Newsclips.  Group Gathering Station: Price high.  Greenfield 2G Bio Ethanol Refinery: RFQs coming up.  Rs 350 crore Greenfield Product Pipeline Project: Need for geological survey; line supplier needed for CGD project .  Software updates: Fertilizer projects.  Commissioning date for Kochi-Mangalore pipeline to extend till Q4, 2020-I: Find out why.  Commissioning date for Kochi-Mangalore pipeline to extend till Q4, 2020-II: More details.  Our Briefs.  Download Tenders and Newsclips.  Can Saudi Arabia's spare capacity run out?.  GAIL- Gazprom renegotiation: How much does GAIL gain?.  LNG sell side is more concentrated than buy-side.  How much coal fired generation can be replaced with surplus gas-based power?.  Software updates: Greenfield POL terminal project ahead, EPC contractor to take out RFQs for pigging equipment.  Rs 300 crore GGS + GCP + ETP + WIP programme: RFQs in Q4, 2018.  Oil field development: Operator on the lookout for a drilling and a workover rig.  Pipeline Rehabilitation Project: Know more about the subcontractors.  

OBE contracts-I: Why does EIL take the cake?  

Jul 20: For public sector oil companies, Engineers India Ltd (EIL), is usually the only choice for award of Open Book Estimate (OBE) contracts.
8In many brownfield revamp projects, the OBE contracts allows for flexibility of midstream course correction and optimization.
8EIL is usually appointed as an OBE contractor during the pre-FEED stage itself.
8Under OBE contracts, the ordering is done by EIL but approved by project owners
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OBE contracts-II: How much does EIL charge?  

Jul 20: What are EIL's charges for OBE contracts
8They usually make up a very significant element of the project cost
8Get an idea of how much EIL charges for its OBE contracts here
Click on Details for more   Details

OBE contracts-III: Pros and cons of LSTK vs. OBE   

Jul 20: Which is more cost-effective, LSTK or OBE contracts
8Both have their advantages and disadvantages
8But if there are going to change orders mid-way because of surprises that may come in during revamp, then the OBE route is usually the preferred way out
8OBE contracts can save both money and costs, however
Click on Details to find out more
     Details

Download Tenders and Newsclips  

Jul 20: For reference purposes the website carries here the following tenders:
8ARC for hot oil storage tanks scaffolding erection and dismantling jobs Details
8Supply of Hydrochloric Acid for Desalination Plant Details
8Supply of Fasteners-High Temperature Details
8Expression of Interest for Cross Linked Acrylic Monomer Polymerization Plant Details
8Carrying out Electrical works and Instrumentation works for GTU Project Details
8Procurement of Transformers Details
8Hiring of Mobile Land Work-over Rig of 30 Metric Ton Capacity on Call-out basis Details
8Carrying out External Safety Audit for CUGL facilities for City Gas Projects Details
8Hiring of Services of Control Valves, Orifice Plate Inspection and Shifting of Mass Flow Meter Details
8Procurement of Polyurethane Foam Supports for LPG Plants Details
8Metering Infrastructure Upgradation Job for Open Access Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8This deal with Russia will save India whopping Rs 9,500 crore; here’s what Dharmendra Pradhan says Details
8Indian Oil Corp, BPCL, Adani top bidders for gas retailing licences in cities; 400 bids received for 86 permits Details
8Oil India Q1 PAT seen up 92.1% YoY to Rs. 865 cr: HDFC Details
8Macro has become riskier, can't pretend higher oil prices won't stoke inflation: CEA Subramanian Details
8India may ban petcoke as fuel and it could be a problem for the global refinery industry Details
8Indian Oil says Rs 4,300 cr Ennore LNG terminal to become operational by October Details
8Proposed new industrial policy to suggest ease of trade for boosting exports Details
8ABB India June quarter net profit up 36 per cent at Rs 102.15 crore Details
8Japan's LNG imports fall to lowest since May 2016 as nuclear units come online Details
8In sign of supply flexibility, Russia wields oil stocks to boost output Details
8Shell says restart of its German oil refinery 'ongoing' after outage Details
8Indian Oil, BPCL, Adani top bidders for city gas licences Details
8Sinopec launches $1.5 billion investment company in China's new economic zone of Xiongan Details
8October deadline to complete gas pipeline laying work Details
8Bhagyanagar Gas Limited to supply piped gas in city Details
8Gujarat firms bet big on gas, place 99 out of 406 bids for 86 cities Details
8Five bid for city gas rights in Burdwan Details
8Talk Trump may tap strategic oil reserves raises questions Details
8First Ukraine nuclear reactor loaded 'solely' with non-Russian fuel Details
8CSIR-National Physical Lab signs MoU with Hindustan Petroleum Corp Details
8Kinder Morgan delays startup of Georgia Elba LNG terminal to 4th qtr Details
8Petrol and diesel prices set for a sharp drop Details
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Group Gathering Station: Price high  

Jul 20: EPC contract award is currently under review by the owner
8The L-1 price quote has been found to be higher than the revised estimate
Click on Details for more   Details

Greenfield 2G Bio Ethanol Refinery: RFQs coming up  

Jul 20: 8Project Name: Greenfield 2G Bio Ethanol refinery
8Project Cost: Rs 650 crore
8Project Description: Delay in DFR preparation and therefore delay in selection of technology licensor
8Project Event: RFQ for the technology licensor is expected by September instead of July 2018.
 RFQ for the FEED work is expected by October 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q1:2019
8Completion Date: Q1:2022
Click here for more details   Details

Rs 350 crore Greenfield Product Pipeline Project: Need for geological survey; line supplier needed for CGD project   

Jul 20: 8Project Name: Greenfield Product Pipeline Project
8Project Cost: Rs 350 crore
8Project Description: RFQ for the PFR consultant is already out. Further RFQs are expected soon.
8Project Event: RFQ for Geological survey is expected by September 2018.
8Expenditure Approval: Q3:2016
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q4:2018
8Completion Date: Q2:2022
Click here for more details
8Business Opportunity pipe suppliers: Get key contact here
 Owner is planning to float a short term contract of Polyethylene pipes and fittings for city gas distribution at six geographical area for the tenure of one year. The EPMC contractor for this project.
Click on Details for more
   Details

Software updates: Fertilizer projects  

Jul 20: Urea (Granular) and Captive Power Unit Expansion Project 
 8Cost - Rs 700 Crore
 8Project Event: Discussion process is ongoing by the owner company, RFQ for the EPC contractor is likely to be released in August in place of July 2018 due to delay in internal decision making
 Click here for more information
 Ammonia-Urea Energy Saving Project     
 8Cost - Rs 200 Crore
 8Project Event: The RFQ for EPC contractor has been already released and technical evaluation is completed but price bid has not opened yet, finalization is due in August 2018 and tender for major equipment and services is likely to be released in August 2018.
 Click here for more information
SSP Expansion Project     
 8Cost - Rs 15 Crore
 8Project Event: The approval for an environmental clearance is likely to be elicited in August 2018. Discussion process for selection of EPC contractor is ongoing and RFQ for a contractor is likely to be released in September 2018.
 Click here for more information   Details

Commissioning date for Kochi-Mangalore pipeline to extend till Q4, 2020-I: Find out why  

Jul 19: Contrary to expectations, the Kochi-Mangalore Pipeline project is showing no signs of being completed anytime soon.
8The deadline was set for the end of 2018 and then was extended to 2019
8But it seems now the deadline is going to be extended further.
8Internal assessments are that the deadline will not extend to Q4, 2020
8Find out what is going wrong with the project
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Commissioning date for Kochi-Mangalore pipeline to extend till Q4, 2020-II: More details  

Jul 19: Work on the pipeline has been slowing down
8The first 44 km pipeline phase connecting the Kochi LNG terminal to the FACT plant already commissioned
8It is the second phase, involving the construction of the 1060 km Kotanand to Mangalore stretch -- that seems to be getting inexorably delayed
8The latest update is that the RFQ for the pipeline laying work for the Kottanad to Bangalore (435 Km) section is expected by October instead of September 2018.
8But the problem is not that the contracts are coming out, the cause lies somewhere else
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Our Briefs  

Jul 19: 8Jack-up rigs’ DCR is expected to stay flattish at at around USD70k/day going ahead. Click on Report  for more.
8Bumi Armada is bidding for the ONGC’s KG-DWN-98/2 FPSO project in India together with its partner, Shapoorji Pallonji Group. Meanwhile, tenders for FPSO jobs are at the highest in the past three years.Click on Reports  for more.
8As oil prices steadily hover above US$70/bbl, fueling offshore capex, spotlight will gradually be switched to the service providers such as the drillers, offshore support vessel (OSV) owners and oilfield and rig services companies. Click on Report  for more.
8Trends for offshore vessels should pick up, with close to double-digit CAGR over 2017-20 for most regions. However the jackup space will remain challenging. Click on Report  for more. 

8Even though the jackup market is likely to remain challenging, the liftboat market is starting to see positive signals of possible rate reversion. This could be reflected in charter contracts towards the end of 2018. Click on Report  for more.
8As per the prevailing rate of crude oil (at US $ 74 per barrel), ADNOC will spent $ 433million in filling up a part of the Mangaluru SPR. Click on Report  for more.
8The US has refused to grant a waiver for French companies to work in Iran and this will mean that french companies will have to withdraw from the country. French's hope of developing the Phase 11 of the South Pars will now stand dashed. In this context, it does not seem likely that Trump will be soft of India either. Click on Report  for more.
8The airline business is growing rapidly but find out how higher ATF prices are eventually going to bite this industry more than it does others. Click on Report  for more.

   Details

Download Tenders and Newsclips  

Jul 19: For reference purposes the website carries here the following tenders:
8Carrying out ER Lubes Network Expansion Details
8Procurement of Regular size Casings Details
8Construction of Mounded Storage Vessels at LPG Plant Details
8Hiring of gas compression service at Langhnaj Field Details
8Expert Agency for miscellaneous engineering related trouble shooting job at refinery Details
8Supply of Supply of Control/ On-Off valve spares for refinery Details
8Procurement of Pipe, Fittings and Flanges as refinery Details
8Supply of License, BDEP and other related Services for KHT Unit for refinery Details
8Supply of ROV and Ball Valves on ARC basis for all india requirement Details
8Procurement of spare bearings for critical HT Motors Details
8Composite Works for extension/ shifting of QOEC Vent Line along with modification of pipe supports of HVJ Pipeline Network Details
8Procurement of PH and Conductivity Transmitters Details
8Harmonic Measurement Analysis and Mitigation to improve Power Quality Details
8Transportation of Line Pipes for various Projects under Pipeline Project Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Cabinet reduces ONGC’s burden of levies in pre-NELP oil blocks Details
8Renegotiated Gazprom LNG deal to save up to Rs 9,500 crore: Pradhan Details
8Govt okays relaxing production sharing contracts of Pre-Nelp, NELP blocks Details
8Spanish oil firm Cepsa ties up with GP for India entry Details
8What’s with this dramatic turnaround in crude oil prices Details
8ONGC, OIL get fair deal on royalty, cess for oil fields Details
8India's ethanol equation Details
8India’s renewable energy investments topple fossil-fuel for the first time in 2017: IEA Details
8OPINION: Crude could bounce back to $90 by year end Details
8Renegotiated Gazprom LNG deal to save India up to Rs 9,500 crore, says Dharmendra Pradhan Details
8India's dilemma: Donald Trump or cheap Iran oil Details
8Total, Tata Consultancy join hands for digital innovation centre in Pune Details
8GST Council to decide when GST can be levied on petroleum products, says Pradhan Details
8Cabinet tweaks pre-NELP oil blocks, reduces ONGC burden of levies Details
8India offers incentives to state-owned oil and gas firms Details
8Our bilateral relationship with Iran stands on its own: Foreign Minister Details
8After SC pulls up UP govt, Agra admin cracks down on polluting industries Details
8Essar-Rosneft deal: TDP accuses Centre of causing loss to exchequer Details
8Reliance Industries plans to borrow $6 billion in fresh debt current fiscal Details
8UK to require big companies to report CO2 emissions from April 2019 Details
8Mexican oil tenders shelved until after leftist leader takes office Details
8Oil prices extend gains, buoyed by unexpected drop in U.S. gasoline stocks Details
8Biofuel groups ask U.S. government to slow small refinery waiver program Details
8Government looks to sell viable infrastructure projects to private companies Details
You can also click on Newsclips for more   Details

Can Saudi Arabia's spare capacity run out?  

Jul 19: The OPEC’s idle production is estimated at around 3 million barrels per day, 1.5 to 2 million of which are concentrated in Saudi Arabia.
8For the moment it seems that Saudi Arabia does have sufficient additional production leeway to compensate for a dip in Iranian exports and Venezuelan production.
8The risk is that, with production thus increased, the country may end up with a very tight margin for dealing with future circumstances.
8That is why the markets have reacted nervously to events such as the oil worker strike in Norway and the interruption in the flow of exports from Libya.
Click on Reports  for more   Details

GAIL- Gazprom renegotiation: How much does GAIL gain?  

Jul 19: How much money has GAIL saved when it renegotiated with Gazprom on its long-term LNG Sale and Purchase Agreement?
8The higher the price of crude, the higher the savings are for GAIL.
Click on Reports  for more   Details

LNG sell side is more concentrated than buy-side  

Jul 19: LNG sell-side now more concentrated than buy-side
8This has more implications than you think
Click on Reports  for more   Details

How much coal fired generation can be replaced with surplus gas-based power?  

Jul 19: How much existing coal-fired power generation can be replaced with existing unused gas generation?
8India can bring about a 12% switch
8But there are countries with an abundance of gas, such as Russia and the US which can swing much more
8As far as India is concerned, the switch may not be from coal to gas but straight from coal to renewable energy
Click on Reports  for more   Details

Software updates: Greenfield POL terminal project ahead, EPC contractor to take out RFQs for pigging equipment  

Jul 19: 8Project Name: Greenfield POL Terminal Project
8Project Cost: Rs 600 crore
8Project Description: The owner is planning to install a Greenfield Petroleum Storage Terminal. The EIA and PFR consultant have already been selected.
8Project Event: RFQ for equipment supply is expected by September instead of August 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Sep/2018
8Release Date: Nov/2018
8Start Date: Q4:2018
8Completion Date: Q4:2020
Click here for more details
8Business Opportunity for equipment suppliers- Get key contacts
8RFQ for a short term contract for the supply of equipment such as Bi-Directional pig launcher & receiver, Pig Signaller, PSV, Quick opening and end closure (QOEC), Pig handling Facilities for it's pipeline in India with a tenure of two years. The owner had hired an EPCM contractor for this project.
Get key contacts here   Details

Rs 300 crore GGS + GCP + ETP + WIP programme: RFQs in Q4, 2018  

Jul 19: 8Project Name:  Integrated Facilities Complex
8Project Cost: Rs 300 crore.
8Project Description New:  The owner is planning development of an Integrated Facilities Complex comprising of Group Gathering Station (GGS), Effluent Treatment Plant (ETP), Water Injection Plant (WIP), Gas Compression Plant (GCP) in one of its fields. The project involves Design, Engineering, Supply, Fabrication, Erection, Testing, Commissioning of the complex with an available timeframe of 1 year. The project will also involve the installation of a gathering pipeline package. An EOI has already been floated for hiring an EPC contractor for the complex. The environment clearance for the project has already been granted. Further RFQs are expected shortly.
8Project Event New: RFQs for pipeline package is expected by Q4 2018.
8Expenditure Approval: Q1/2018
8RFQ Date: Q4/2018.
8Release Date: Q4/2018.
8Date: Q2/2019
8Completion Date: Q2/2020
Click here for more details   Details

Oil field development: Operator on the lookout for a drilling and a workover rig  

Jul 19: 8Project Name: Oil Field Development
8Project Description: The owner is expected to come out with RFQs for hiring a drilling rig and a workover rig for its field. An RFQ was floated earlier but has now been revised.  The project involves development drilling of 9 wells and laying of an infield pipeline to connect with the nearest production facility (GGS).
8Project Event: RFQs for hiring a drilling rig and a workover rig are expected by mid August 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Aug/2018
8Release Date: Sep/2018
8Start Date: Q4/2018
8Completion Date: Q2/2020
Click here for more details   Details

Pipeline Rehabilitation Project: Know more about the subcontractors  

Jul 19: 575 km pipeline rehabilitation project is expected to be completed by 2020.
8The EPCM contractor has awarded significant subcontracts for the project
8The owner has to intervene once to swing a deal for a subcontractor as well
Click on Details for more   Details

Jul 19:Oil field development: Operator on the lookout for a drilling and a workover rig   Details
Jul 19:Pipeline Rehabilitation Project: Know more about the subcontractors   Details
Jul 19:Gas based power becomes too expensive: 10 units shut down   Details
Jul 19:Power Sector : Briefs   Details
Jul 18:Software updates: Fertilizer projects   Details
Jul 18:Software Updates : Power Projects   Details
 
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