All content in this website is sourced legitimately

IOCL decides to get into chemicals & pharmaceuticals in a big way.  Geothermal energy: ONGC admits failure.  Salem-Coimbatore pipeline: GAIL is forced to takeover the stranded work.  Refineries: Specialized AI models deployed.  IOC does a different kind of deep-dive into hydrogen vehicles.  GAIL does an over-kill in pipeline integrity.  Why are EIL-BPCL and IOCL are inviting Indian firms to bid for proprietary tech they don't own?.  The race to the powder room.  Refinery: Battery pack order raises eyebrows.  ONGC’s PSV tender: Rewires ROFR.  Midstream EPC: Strong client list no longer guarantees strong profitability.  GAIL wants to flirt with downstream processors.  ONGC offshore cementing scope and additives controls: Less clarification and more consolidation.  LP compressor relocation: Qualified-heavy field, but two disqualifications sharpen document-compliance risk.  ONGC’s five-year coil tubing charter across Assam, Ankleshwar and Jorhat.  IOCL Paradip refinery’s deliverable-based engineering assistance tender moves to technical shortlist: 7 of 10 bidders qualify.  Mumbai refinery’s NHGU–SRU STG energy recovery tender stalls after tight 850 kW gate and multiple corrigenda.  Rs 61.83 crore chemical dosing pump contract in ONGC.  E&P asset pipeline rate contract award: L1 at Rs. 44.84 crore forces a “match L1” stress test across the empanelment ladder.  E&P contracting brief for the day.  Downstream contracting briefs: Awards.  GTU licensor bid clock slips again as tender hardens.  Extreme 271.7% price spread defines MCCB SITC award for E-760-16 rig.  Downstream contracting briefs.  Today's update in E&P, Midstream-Downstream & CGD sector.  Daily forward looking import matrices.  Ethanol glut hits India: excess capacity clouds Rs.50,000 crore green fuel industry.  Announcements.  The $11billion capitulation: How BPCL is stripping away legal safeguards to buy Global Tech.  New domestic gas around the corner.  The LNG demand story is showing an alarming trend.  The LNG industry has a new boss.  The Swan Balancing Act: What is going on?.  RIL gets a top E&P executive.   Underdog outmaneuvers the guard in GAIL’s bio-gas race.  Models vs. Metals: Inside this refiner's high-stakes simulation war to keep 3000 km of ageing pipeline alive.  Refinery column: Why just this company?.  The race for ‘Quartile One’: Three in the loop.  EPMC gains from project creep.  Today's update in Midstream-Downstream & CGD sector.  

IOCL decides to get into chemicals & pharmaceuticals in a big way

Feb 24: 8IOCL is planning on a whole sale pivot to the chemical sector, with multiple products over different segments
8And it is explorating a never-before deep dive
Click on Details for more Details

Geothermal energy: ONGC admits failure

Feb 24: 8Find out what really happened
Click on Details for more
Details

Salem-Coimbatore pipeline: GAIL is forced to takeover the stranded work

Feb 24: 8The south is always a problem area for gas pipelines
8And contractors could well abandon work when the waiting becomes long or there are cost overruns
8What really is happening here?
Click on Details for more Details

Refineries: Specialized AI models deployed

Feb 24: 8Refineries are now using specialized Large Language Models for operations
8These are models specializing in mechanistic principles and physics informed neural netowrks
8That is a giant step towards efficiency gain
Click on Details for more Details

IOC does a different kind of deep-dive into hydrogen vehicles

Feb 24: 8It looks like IOCL is now doing somewhat exotic experiments in hydrogen cars
8The company has already demonstrated hydrogen technology in buses and trucks, but this a "deep dive" into a newer format
Click on Details for more Details

GAIL does an over-kill in pipeline integrity

Feb 24: 8This is a refinery line from a gas gathering station
8It does not want to burn its hands
Click on Details for more Details

Why are EIL-BPCL and IOCL are inviting Indian firms to bid for proprietary tech they don't own?

Feb 24: 8This is an interesting twist to the story
Click on Details for more Details

The race to the powder room

Feb 24: 8It is just a powder room, or it is not?
8Why are four of the world's most formidable engineering conglomerates in the race for this?
Click on Details for more Details

Refinery: Battery pack order raises eyebrows

Feb 24: 8This refinery is putting together a massive power bank of nikel Cadmium batteries
8And this has all-round eyebrows when it can easly move to far more efficient lithium-ion batteries
8Why is it sticking to these old batteries?
Click on Details for more Details

ONGC’s PSV tender: Rewires ROFR

Feb 24: 8This is an important change
Click on Details for more
Details

Midstream EPC: Strong client list no longer guarantees strong profitability

Feb 24: 8This is a Rs 1000 crore midstream EPC company
8It is finding itself in a profit collapse
8Midstream expansion is less profitable now, it seems Details

GAIL wants to flirt with downstream processors

Feb 24: 8Is it the best way forward?
8Perhaps not
Click on Details for more Details

ONGC offshore cementing scope and additives controls: Less clarification and more consolidation

Feb 24: 8Find out more
Click on Details for more
Details

LP compressor relocation: Qualified-heavy field, but two disqualifications sharpen document-compliance risk

Feb 24: 8Find out more
Click on Details
Details

ONGC’s five-year coil tubing charter across Assam, Ankleshwar and Jorhat

Feb 24: 8Find out what is going on
Click on Details for more
Details

IOCL Paradip refinery’s deliverable-based engineering assistance tender moves to technical shortlist: 7 of 10 bidders qualify

Feb 24: 8Find out more
Click on Details Details

Mumbai refinery’s NHGU–SRU STG energy recovery tender stalls after tight 850 kW gate and multiple corrigenda

Feb 24: 8Why really was it cancelled?
Click on Details for more Details

Rs 61.83 crore chemical dosing pump contract in ONGC

Feb 24: 8Find out more
Click on Details for more
Details

E&P asset pipeline rate contract award: L1 at Rs. 44.84 crore forces a “match L1” stress test across the empanelment ladder

Feb 24: 8Find out what happened
Click Details for more
Details

E&P contracting brief for the day

Feb 24: 1) ONGC tightens lifecycle accountability with 8-platform produced water conditioning replacement and 6-year O&M
8ONGC’s MH asset revamp is not just a package swap; it is a multi-platform performance contract where the water quality outcome is priced for six years, not one commissioning window.
8The technical playbook pushes bidders to validate the real offshore constraints upfront and then deliver without leaning on shutdowns or “site surprise” claims.
8The real competitive edge will sit in which solution provider can prove lower intervention and lower maintenance while still holding the disposal quality line.
 
2) Participated insurers face a rigid depth-band pricing grid for ONGC’s onshore NELP/HELP/OALP wells policy 2026–27
8ONGC’s onshore wells policy tender forces every insurer into a depth-band, footage-linked premium build with separate liability and material damage lines.
8The well schedule itself flags post-LAQ volatility—names and trajectories can change—creating a quiet underwriting risk that will show up in the rate.
 
3) Participating bidders seek commercial softening in ONGC’s 250 mw captive ISTS wind tender, but risk framework remains intact
8Participating bidders pushed for EMD relief, milestone reshaping, and flexibility on wind-data validation.
8ONGC rejected most commercial relaxations while selectively widening technical data inputs under NIWE oversight.
8The outcome redraws the competitive field without shifting the underlying risk burden.
 
4) ONGC oil well cement rate contract locks three-year firm pricing and tightens packing compliance
8ONGC has shut down escalation asks and pushed bidders back into a firm-price, three-year risk box.
8The pre-bid replies also frame packing as a rejection-trigger issue by pointing to a revised specification rather than negotiating legacy relaxations.
8What this does to pricing behaviour and vendor participation will hinge on how bidders price volatility against ONGC’s lot-based dispatch and testing discipline.
 
5) Cairn extends EOI deadline for geophysical acquisition QC services
8Cairn’s EOI is not a single-role hire but a multi-discipline QC governance stack spanning seismic, geodetic, HSE and offshore ecological oversight.
8The financial filters are tight, yet a parent-support route exists—only if bidders accept a quantified guarantee burden.
 
6) ONGC Konaban GCS tender extended as price-template controls tighten around LP gas separation and compression O&M
8ONGC’s Konaban GCS package blends separation, compression, metering, and five-year O&M into a single execution risk stack.
 
7) Baghewala crude offtake tender stretches through repeated extensions
8The tender has moved through multiple deadline resets while tightening its bid evaluation grid.
8Statutory approvals, throughput proof, and third-party verification now define admissibility before price even enters the frame.
8The lifecycle tells a deeper story than the dates alone.
 
Click on Details for more
Details

Downstream contracting briefs: Awards

Feb 24: 1) BPCL splits MR supplies across five vendors
8BPCL’s award pattern shows a deliberate split-by-schedule strategy rather than a single-vendor consolidation. The biggest value lines are tightly concentrated, while smaller schedules are distributed to widen supply resilience.
 
2) Proprietary tower internals package for BPREP narrows to two bidders as bid deadlines slip repeatedly
8Find out more
 
3) HPRGEL awards solar + BESS sizing and EPC tender design consultancy
8HPRGEL has locked in its consultant to define the solar + BESS sizing logic that will shape the next EPC contest across states. The corrigenda trail shows multiple critical inputs being withheld until L1, shifting certainty from bid-stage into execution. The near-zero L1–L2 spread hints at aggressive convergence, but the real signal lies in how risk and information timing have been structured.
 
4) Single-bid proprietary award for DHT UPS capacitors ahead of TA 2026 BPCL Mumbai refinery
8Find out more
 
5) Technocrats wins boiler and IBR piping rate contract
8The 5.6 percent gap between L1 and L2 signals competition without visible panic discounting. But the 25.6 percent jump to L3 hints at deeper divergence in how contractors price IBR risk inside refinery utility systems.
 
6) GAIL’s DSF-IV technical consultant award
8This technical due diligence consultancy is awarded at a price that sits far below the rest of the qualified field. The spread is large enough to reframe what bidders think the “true” delivery cost of subsurface-to-economics integration should be.
 
Click on Details for more
Details

GTU licensor bid clock slips again as tender hardens

Feb 24: 8This is because the structure has settled at 350 KTPA reference unit
8And there are other conditions too
Click on Details for more Details

Extreme 271.7% price spread defines MCCB SITC award for E-760-16 rig

Feb 24: 8Find out what happened.
Click on Details
Details

Downstream contracting briefs

Feb 24: 1) Kochi refinery PFCCU revamp DCS/plc package gets three deadline pushes
8Net relief is enough for OEM-aligned bidders to rework BOM, spares and commissioning logic.
8But repeated slips can also advertise that participation is not where BPCL wants it.
 
2) Paradip refinery stretches AVU/VGO-HDT impact study timeline
8The corrigendum expands damage-mechanism coverage and hardens deliverables into drawing- and package-level detail, even as it removes securities typically used to enforce performance.
 
3) Refinery FRE revamp BDEP study hits a date-signal mismatch as option clause and mandatory ATC gates tighten entry
8The revamp study carries goods-style mechanics that don’t neatly fit an engineering deliverable. For bidders, the real contest may be less about price and more about surviving clause-fit and compliance tripwires.
 
4) CPCL extends OPH and SRU mechanical static ARC at Manali
8CPCL has pushed back the closing date of its 3-year mechanical static ARC for OPH and SRU at Manali twice in quick succession.

Click on Details for more
Details

Today's update in E&P, Midstream-Downstream & CGD sector

Feb 24: 8Here's what's happening today in the E&P, midstream-downstream, and CGD section
Click on Reports for more Details Details

Daily forward looking import matrices

Feb 24: 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

Ethanol glut hits India: excess capacity clouds Rs.50,000 crore green fuel industry

Feb 24: For reference purposes the website carries here the following tenders:
8Tender for import substitution of items by indigenous development (corrigendum-2) Details
8Tender for sale of crude oil extracted (amendment-5) Details
8Comprehensive maintenance contract of Siemens make soft starters Details
8Procurement of vertical centrifugal (SPP) pump for BPREP unit Details   
8Tender for supply of Nylon Self Locking Seals Details
8Appointment of Agency to manage corporate website with CMS and SEO Details
8Provision of construction power supply and lighting setup for polypropylene Details
8Procurement of stainless steel pipes with 150 NB Details
8Procurement of Tushaco make lube oil pumps for compressors Details
8Procurement of GGC forged valves Details
8Procurement of compressed natural gas (CNG) compressor Details
8Procurement of Sundyne LLC pump spares Details
8Tender for supervision and services support for Flowserve make critical valves Details
8Procurement of conveyor belt with 12 splines Details
8Dismantling of auto LPG dispensing station (ALDS) with all accessories and tank Details
8Supply of pressure transmitters at product pipeline Details
8Tender for operation, maintenance, and related services for effluent treatment plant (Q3) Details
8Rate contract basis for upliftment and disposal of hazardous wastes Details
8Procurement of H2S sensor with 0–100 ppm range for gas detection and safety monitoring Details
8Hiring of expert service support for instrumentation and control Details
8Tender for operation and maintenance of electro-mechanical installations Details
8Comprehensive annual maintenance contract for Yokogawa DCS Details
8Expert service contract for ABB make hydrogen analyzer Details
8Comprehensive annual maintenance contract for CAAQMS software and data acquisition system on proprietary basis Details
8Tender for supply of PLC expansion base and servo displacer along with integration with existing TAS Details
8Procurement of SA334 Gr. 6 tube with outer diameter 19.05 mm Details
8Procurement of multi functional additive (MFA) for gasoline by two-year rate contract Details
8Procurement of 2-core, 1.5 mm2 PVC insulated copper armoured signal cable Details
8Procurement of spares for UIP battery charger Details
8Procurement of XLPE insulated armoured cable Details
8Procurement of ABB VD4 circuit breaker, 7.2 kV, 1250A, for electrical system Details
8Procurement of 370 kW, 3.3 kV motor (FP14A) Details
8Tender for supply of check metering skid for CGD project Details
8Tender for consultancy services for extending support to obtain DISH final approval Details
8Tender for repair of kit gauge glass Details
8Supply of palletised storage racks, rotomould pallets, and forklift Details
8Supply of booster pump for capacity augmentation of CCK and IDPL project Details
8Procurement of release agent chemical Details
8Supply, installation, testing & commissioning of nickel cadmium batteries Details
8Tender for operation and maintenance of electrical systems Details
8Design, development, deployment, operationalization, and maintenance of 25 AI/ML models Details
8Tender for repairing & comprehensive annual maintenance contract of baggage scanner Details
8Annual rate contract for pipe track development works Details
8E-tender for providing mechanical maintenance assistance services Details
8Procurement of spares for Tejas SDH telecom system on OEM basis Details
8Procurement of Powerteam make hydraulic hand pump spares Details
8Annual maintenance contract of Teledyne Prodigy Plus ICP-OES system for two years Details
8Procurement of orifice plates Details
8Design, supply, installation, testing & commissioning (DSITC) of one-to-one replaceable electrical MOV actuator as replacement of existing obsolete Rotork make K150 series actuators Details
8Procurement of master instruments for KG Basin sites Details
8Hiring of contractor for carrying out inline inspection of pipeline Details
8Procurement of digital automatic PSV test bench Details
8Providing fire and safety services for pipeline stations and terminals and round the clock on 24x7 basis Details
8Hiring of contractor for carrying out inline inspection of pipeline Details
8Procurement of Emerson make control valve spares Details
8Provision for mobilization and demobilization Details
8Procurement of XC polymer Details
8Procurement of ammonium bisulphite solution Details
8Procurement of Poly Oxyethylene Sorbitan Mono Oleate (TWEEN-80) Details
8Providing QRT and ERV services Details
8Providing service for catching of snakes in refinery premises Details
8Supply of spiral wound gaskets Details
8Tender for construction of material storage yard with civil & structural works Details

You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
8India's crude throughput remains stable in January Details
8WTI trades near $67.00, six-month highs on supply disruption fears Details
8GAIL honours Mr. Ayush Gupta with distinguished leadership award at TOI national CSR summit 2026 Details
8DPA Kandla & Assam Petrochemicals Ltd. to launch India’s first 150 TPD e-methanol plant at Deendayal Port Details
8Waaree to set up 2.5 MW alkaline electrolyzer for zero footprint industries Details
8Waaree, ZFI sign 2.5 MW electrolyser-as-a-service agreement; inks MoU for 50 MW green hydrogen expansion Details
8BPCL receives Rs.1,816 crore central excise demand order Details
8Oil hovers below seven-month high as traders eye US-Iran talks, trade policy Details
8Bengaluru biomethanation plants: faltering waste-to-energy model faces challenges Details
8Hungary threatens to block EU's 20th Russia sanctions package over halted oil shipments Details
8Oil slides on Iran nuclear talks, fresh US tariff uncertainty Details
8India rebalances crude as Russian flows ease Details
8Ethanol glut hits India: excess capacity clouds Rs.50,000 crore green fuel industry Details
8HIF Global to supply 100,000 tonnes of eMethanol annually to German eFuel One Details
8Methanol — a pragmatic pathway in India’s energy transition: Prakriti Sethi, chief India representative, Methanol Institute Details
8ExxonMobil rolls out major carbon capture operations in Louisiana Details
8Cochin Shipyard secures CMA CGM contract for six LNG vessels Details
8Ghana parliament ratifies extension of Tullow licenses Details
8Saipem pilots AI system on ultra deepwater drillship Details
8North America adds rigs week on week Details
8ConocoPhillips considers selling Permian assets worth $2B Details
8Uniper and GSPC sign long-term LNG supply agreement into India Details
8Tensions rising between Iran and US: India explores ways to secure crude, LNG supplies Details
8Excise waiver for biogas blending can unlock `1L cr investment: IBA Details
8Fuel price tracker: check petrol, diesel and LPG rates in metro cities for February 24 Details
8Saudi Aramco finalizes major oil sales to US companies and India Details
8Indian refiners' January crude processing fell in January Details
8Ukraine strikes Russia's Druzhba pipeline network Details
8UK oil refineries face extinction without urgent policy shift Details
8Two Oil India officials rescued after kidnapping attempt in Tripura Details
8Saudi Aramco's condensate lands in India amid global oil realignment Details
8Pine Labs secures multi-year digital payment contracts with BPCL, HPCL, and IOCL Details
8India's oil and gas block bids extended: new opportunities arise Details
You can also click on Newsclips for more
Details

Announcements

Feb 24: New Page 2 8BPCL receives Rs.1,816.65 crore central excise demand order; to file appeal before CESTAT [BPCL] Details
8HOEC announces resignation of independent director and reconstitution of board committees [HOEC] Details
8Investor presentation [LIL] Details
8Essar energy transition, Spirit Energy and Progressive Energy join forces to advance CO2 infrastructure [Essar] Details
Details

The $11billion capitulation: How BPCL is stripping away legal safeguards to buy Global Tech

Feb 23: 8By effectively "pre-clearing" bidders and capping their liability for design failures, BPCL is shielding international giants from the very risks their technology is supposed to prevent.
8We investigate the "Intellectual Property trap" that forced BPCL’s hand.
Click on Details for more Details

New domestic gas around the corner

Feb 23: 810 mmscmd of new domestic gas to hit markets
Click on Details for more
Details

The LNG demand story is showing an alarming trend

Feb 23: 8And there are distressed customers, as this important parameter seems to be showing.
Click on Details for more Details

The LNG industry has a new boss

Feb 23: 8And there is widespread resentment
Click on Details for more
Details

The Swan Balancing Act: What is going on?

Feb 23: 8An LNG project that has refused to take off would have killed any business enterprise
8But this company seems to have done the impossible Details

RIL gets a top E&P executive

Feb 23: 8Why did he quit this other E&P company?
Click on Details for more
Details

Underdog outmaneuvers the guard in GAIL’s bio-gas race

Feb 23: 8In the race to monetize India’s agricultural waste, the battle isn't just about technology—it's about ruthless pricing.
Click on Details for more Details

Models vs. Metals: Inside this refiner's high-stakes simulation war to keep 3000 km of ageing pipeline alive

Feb 23: 8It is taking a calculated risk in easing the norms
Click on Details for more
Details

Refinery column: Why just this company?

Feb 23: 8A refinery column is a regular piece of specialized equipment.
8So why is this company so keen to provide a single tender to just this one company? Details

The race for ‘Quartile One’: Three in the loop

Feb 23: 8This company wants to be in the top 25% of world's most efficient refineries in double quick time
8And there are companies in the race to build the paperwork for it  Details

EPMC gains from project creep

Feb 23: A whole new refinery unit work has arisen out of being the EPCM for one
8And that is the windfall that only EIL can reap
8Getting the whole project on a platter, on a nomination basis
Details

Today's update in Midstream-Downstream & CGD sector

Feb 23: 8Here's what's happening today in the midstream-downstream, and CGD section
Click on Reports for more Details Details

IOCL decides to get into chemicals & pharmaceuticals in a big way

Feb 24: 8IOCL is planning on a whole sale pivot to the chemical sector, with multiple products over different segments
8And it is explorating a never-before deep dive
Click on Details for more Details

Geothermal energy: ONGC admits failure

Feb 24: 8Find out what really happened
Click on Details for more
Details

Salem-Coimbatore pipeline: GAIL is forced to takeover the stranded work

Feb 24: 8The south is always a problem area for gas pipelines
8And contractors could well abandon work when the waiting becomes long or there are cost overruns
8What really is happening here?
Click on Details for more Details

Refineries: Specialized AI models deployed

Feb 24: 8Refineries are now using specialized Large Language Models for operations
8These are models specializing in mechanistic principles and physics informed neural netowrks
8That is a giant step towards efficiency gain
Click on Details for more Details

IOC does a different kind of deep-dive into hydrogen vehicles

Feb 24: 8It looks like IOCL is now doing somewhat exotic experiments in hydrogen cars
8The company has already demonstrated hydrogen technology in buses and trucks, but this a "deep dive" into a newer format
Click on Details for more Details

GAIL does an over-kill in pipeline integrity

Feb 24: 8This is a refinery line from a gas gathering station
8It does not want to burn its hands
Click on Details for more Details

Why are EIL-BPCL and IOCL are inviting Indian firms to bid for proprietary tech they don't own?

Feb 24: 8This is an interesting twist to the story
Click on Details for more Details

The race to the powder room

Feb 24: 8It is just a powder room, or it is not?
8Why are four of the world's most formidable engineering conglomerates in the race for this?
Click on Details for more Details

Refinery: Battery pack order raises eyebrows

Feb 24: 8This refinery is putting together a massive power bank of nikel Cadmium batteries
8And this has all-round eyebrows when it can easly move to far more efficient lithium-ion batteries
8Why is it sticking to these old batteries?
Click on Details for more Details

ONGC’s PSV tender: Rewires ROFR

Feb 24: 8This is an important change
Click on Details for more
Details

Midstream EPC: Strong client list no longer guarantees strong profitability

Feb 24: 8This is a Rs 1000 crore midstream EPC company
8It is finding itself in a profit collapse
8Midstream expansion is less profitable now, it seems Details

GAIL wants to flirt with downstream processors

Feb 24: 8Is it the best way forward?
8Perhaps not
Click on Details for more Details

ONGC offshore cementing scope and additives controls: Less clarification and more consolidation

Feb 24: 8Find out more
Click on Details for more
Details

LP compressor relocation: Qualified-heavy field, but two disqualifications sharpen document-compliance risk

Feb 24: 8Find out more
Click on Details
Details

ONGC’s five-year coil tubing charter across Assam, Ankleshwar and Jorhat

Feb 24: 8Find out what is going on
Click on Details for more
Details

IOCL Paradip refinery’s deliverable-based engineering assistance tender moves to technical shortlist: 7 of 10 bidders qualify

Feb 24: 8Find out more
Click on Details Details

Mumbai refinery’s NHGU–SRU STG energy recovery tender stalls after tight 850 kW gate and multiple corrigenda

Feb 24: 8Why really was it cancelled?
Click on Details for more Details

Rs 61.83 crore chemical dosing pump contract in ONGC

Feb 24: 8Find out more
Click on Details for more
Details

E&P asset pipeline rate contract award: L1 at Rs. 44.84 crore forces a “match L1” stress test across the empanelment ladder

Feb 24: 8Find out what happened
Click Details for more
Details

E&P contracting brief for the day

Feb 24: 1) ONGC tightens lifecycle accountability with 8-platform produced water conditioning replacement and 6-year O&M
8ONGC’s MH asset revamp is not just a package swap; it is a multi-platform performance contract where the water quality outcome is priced for six years, not one commissioning window.
8The technical playbook pushes bidders to validate the real offshore constraints upfront and then deliver without leaning on shutdowns or “site surprise” claims.
8The real competitive edge will sit in which solution provider can prove lower intervention and lower maintenance while still holding the disposal quality line.
 
2) Participated insurers face a rigid depth-band pricing grid for ONGC’s onshore NELP/HELP/OALP wells policy 2026–27
8ONGC’s onshore wells policy tender forces every insurer into a depth-band, footage-linked premium build with separate liability and material damage lines.
8The well schedule itself flags post-LAQ volatility—names and trajectories can change—creating a quiet underwriting risk that will show up in the rate.
 
3) Participating bidders seek commercial softening in ONGC’s 250 mw captive ISTS wind tender, but risk framework remains intact
8Participating bidders pushed for EMD relief, milestone reshaping, and flexibility on wind-data validation.
8ONGC rejected most commercial relaxations while selectively widening technical data inputs under NIWE oversight.
8The outcome redraws the competitive field without shifting the underlying risk burden.
 
4) ONGC oil well cement rate contract locks three-year firm pricing and tightens packing compliance
8ONGC has shut down escalation asks and pushed bidders back into a firm-price, three-year risk box.
8The pre-bid replies also frame packing as a rejection-trigger issue by pointing to a revised specification rather than negotiating legacy relaxations.
8What this does to pricing behaviour and vendor participation will hinge on how bidders price volatility against ONGC’s lot-based dispatch and testing discipline.
 
5) Cairn extends EOI deadline for geophysical acquisition QC services
8Cairn’s EOI is not a single-role hire but a multi-discipline QC governance stack spanning seismic, geodetic, HSE and offshore ecological oversight.
8The financial filters are tight, yet a parent-support route exists—only if bidders accept a quantified guarantee burden.
 
6) ONGC Konaban GCS tender extended as price-template controls tighten around LP gas separation and compression O&M
8ONGC’s Konaban GCS package blends separation, compression, metering, and five-year O&M into a single execution risk stack.
 
7) Baghewala crude offtake tender stretches through repeated extensions
8The tender has moved through multiple deadline resets while tightening its bid evaluation grid.
8Statutory approvals, throughput proof, and third-party verification now define admissibility before price even enters the frame.
8The lifecycle tells a deeper story than the dates alone.
 
Click on Details for more
Details

Downstream contracting briefs: Awards

Feb 24: 1) BPCL splits MR supplies across five vendors
8BPCL’s award pattern shows a deliberate split-by-schedule strategy rather than a single-vendor consolidation. The biggest value lines are tightly concentrated, while smaller schedules are distributed to widen supply resilience.
 
2) Proprietary tower internals package for BPREP narrows to two bidders as bid deadlines slip repeatedly
8Find out more
 
3) HPRGEL awards solar + BESS sizing and EPC tender design consultancy
8HPRGEL has locked in its consultant to define the solar + BESS sizing logic that will shape the next EPC contest across states. The corrigenda trail shows multiple critical inputs being withheld until L1, shifting certainty from bid-stage into execution. The near-zero L1–L2 spread hints at aggressive convergence, but the real signal lies in how risk and information timing have been structured.
 
4) Single-bid proprietary award for DHT UPS capacitors ahead of TA 2026 BPCL Mumbai refinery
8Find out more
 
5) Technocrats wins boiler and IBR piping rate contract
8The 5.6 percent gap between L1 and L2 signals competition without visible panic discounting. But the 25.6 percent jump to L3 hints at deeper divergence in how contractors price IBR risk inside refinery utility systems.
 
6) GAIL’s DSF-IV technical consultant award
8This technical due diligence consultancy is awarded at a price that sits far below the rest of the qualified field. The spread is large enough to reframe what bidders think the “true” delivery cost of subsurface-to-economics integration should be.
 
Click on Details for more
Details

GTU licensor bid clock slips again as tender hardens

Feb 24: 8This is because the structure has settled at 350 KTPA reference unit
8And there are other conditions too
Click on Details for more Details

Extreme 271.7% price spread defines MCCB SITC award for E-760-16 rig

Feb 24: 8Find out what happened.
Click on Details
Details

Downstream contracting briefs

Feb 24: 1) Kochi refinery PFCCU revamp DCS/plc package gets three deadline pushes
8Net relief is enough for OEM-aligned bidders to rework BOM, spares and commissioning logic.
8But repeated slips can also advertise that participation is not where BPCL wants it.
 
2) Paradip refinery stretches AVU/VGO-HDT impact study timeline
8The corrigendum expands damage-mechanism coverage and hardens deliverables into drawing- and package-level detail, even as it removes securities typically used to enforce performance.
 
3) Refinery FRE revamp BDEP study hits a date-signal mismatch as option clause and mandatory ATC gates tighten entry
8The revamp study carries goods-style mechanics that don’t neatly fit an engineering deliverable. For bidders, the real contest may be less about price and more about surviving clause-fit and compliance tripwires.
 
4) CPCL extends OPH and SRU mechanical static ARC at Manali
8CPCL has pushed back the closing date of its 3-year mechanical static ARC for OPH and SRU at Manali twice in quick succession.

Click on Details for more
Details

Today's update in E&P, Midstream-Downstream & CGD sector

Feb 24: 8Here's what's happening today in the E&P, midstream-downstream, and CGD section
Click on Reports for more Details Details

Daily forward looking import matrices

Feb 24: 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

Ethanol glut hits India: excess capacity clouds Rs.50,000 crore green fuel industry

Feb 24: For reference purposes the website carries here the following tenders:
8Tender for import substitution of items by indigenous development (corrigendum-2) Details
8Tender for sale of crude oil extracted (amendment-5) Details
8Comprehensive maintenance contract of Siemens make soft starters Details
8Procurement of vertical centrifugal (SPP) pump for BPREP unit Details   
8Tender for supply of Nylon Self Locking Seals Details
8Appointment of Agency to manage corporate website with CMS and SEO Details
8Provision of construction power supply and lighting setup for polypropylene Details
8Procurement of stainless steel pipes with 150 NB Details
8Procurement of Tushaco make lube oil pumps for compressors Details
8Procurement of GGC forged valves Details
8Procurement of compressed natural gas (CNG) compressor Details
8Procurement of Sundyne LLC pump spares Details
8Tender for supervision and services support for Flowserve make critical valves Details
8Procurement of conveyor belt with 12 splines Details
8Dismantling of auto LPG dispensing station (ALDS) with all accessories and tank Details
8Supply of pressure transmitters at product pipeline Details
8Tender for operation, maintenance, and related services for effluent treatment plant (Q3) Details
8Rate contract basis for upliftment and disposal of hazardous wastes Details
8Procurement of H2S sensor with 0–100 ppm range for gas detection and safety monitoring Details
8Hiring of expert service support for instrumentation and control Details
8Tender for operation and maintenance of electro-mechanical installations Details
8Comprehensive annual maintenance contract for Yokogawa DCS Details
8Expert service contract for ABB make hydrogen analyzer Details
8Comprehensive annual maintenance contract for CAAQMS software and data acquisition system on proprietary basis Details
8Tender for supply of PLC expansion base and servo displacer along with integration with existing TAS Details
8Procurement of SA334 Gr. 6 tube with outer diameter 19.05 mm Details
8Procurement of multi functional additive (MFA) for gasoline by two-year rate contract Details
8Procurement of 2-core, 1.5 mm2 PVC insulated copper armoured signal cable Details
8Procurement of spares for UIP battery charger Details
8Procurement of XLPE insulated armoured cable Details
8Procurement of ABB VD4 circuit breaker, 7.2 kV, 1250A, for electrical system Details
8Procurement of 370 kW, 3.3 kV motor (FP14A) Details
8Tender for supply of check metering skid for CGD project Details
8Tender for consultancy services for extending support to obtain DISH final approval Details
8Tender for repair of kit gauge glass Details
8Supply of palletised storage racks, rotomould pallets, and forklift Details
8Supply of booster pump for capacity augmentation of CCK and IDPL project Details
8Procurement of release agent chemical Details
8Supply, installation, testing & commissioning of nickel cadmium batteries Details
8Tender for operation and maintenance of electrical systems Details
8Design, development, deployment, operationalization, and maintenance of 25 AI/ML models Details
8Tender for repairing & comprehensive annual maintenance contract of baggage scanner Details
8Annual rate contract for pipe track development works Details
8E-tender for providing mechanical maintenance assistance services Details
8Procurement of spares for Tejas SDH telecom system on OEM basis Details
8Procurement of Powerteam make hydraulic hand pump spares Details
8Annual maintenance contract of Teledyne Prodigy Plus ICP-OES system for two years Details
8Procurement of orifice plates Details
8Design, supply, installation, testing & commissioning (DSITC) of one-to-one replaceable electrical MOV actuator as replacement of existing obsolete Rotork make K150 series actuators Details
8Procurement of master instruments for KG Basin sites Details
8Hiring of contractor for carrying out inline inspection of pipeline Details
8Procurement of digital automatic PSV test bench Details
8Providing fire and safety services for pipeline stations and terminals and round the clock on 24x7 basis Details
8Hiring of contractor for carrying out inline inspection of pipeline Details
8Procurement of Emerson make control valve spares Details
8Provision for mobilization and demobilization Details
8Procurement of XC polymer Details
8Procurement of ammonium bisulphite solution Details
8Procurement of Poly Oxyethylene Sorbitan Mono Oleate (TWEEN-80) Details
8Providing QRT and ERV services Details
8Providing service for catching of snakes in refinery premises Details
8Supply of spiral wound gaskets Details
8Tender for construction of material storage yard with civil & structural works Details

You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
8India's crude throughput remains stable in January Details
8WTI trades near $67.00, six-month highs on supply disruption fears Details
8GAIL honours Mr. Ayush Gupta with distinguished leadership award at TOI national CSR summit 2026 Details
8DPA Kandla & Assam Petrochemicals Ltd. to launch India’s first 150 TPD e-methanol plant at Deendayal Port Details
8Waaree to set up 2.5 MW alkaline electrolyzer for zero footprint industries Details
8Waaree, ZFI sign 2.5 MW electrolyser-as-a-service agreement; inks MoU for 50 MW green hydrogen expansion Details
8BPCL receives Rs.1,816 crore central excise demand order Details
8Oil hovers below seven-month high as traders eye US-Iran talks, trade policy Details
8Bengaluru biomethanation plants: faltering waste-to-energy model faces challenges Details
8Hungary threatens to block EU's 20th Russia sanctions package over halted oil shipments Details
8Oil slides on Iran nuclear talks, fresh US tariff uncertainty Details
8India rebalances crude as Russian flows ease Details
8Ethanol glut hits India: excess capacity clouds Rs.50,000 crore green fuel industry Details
8HIF Global to supply 100,000 tonnes of eMethanol annually to German eFuel One Details
8Methanol — a pragmatic pathway in India’s energy transition: Prakriti Sethi, chief India representative, Methanol Institute Details
8ExxonMobil rolls out major carbon capture operations in Louisiana Details
8Cochin Shipyard secures CMA CGM contract for six LNG vessels Details
8Ghana parliament ratifies extension of Tullow licenses Details
8Saipem pilots AI system on ultra deepwater drillship Details
8North America adds rigs week on week Details
8ConocoPhillips considers selling Permian assets worth $2B Details
8Uniper and GSPC sign long-term LNG supply agreement into India Details
8Tensions rising between Iran and US: India explores ways to secure crude, LNG supplies Details
8Excise waiver for biogas blending can unlock `1L cr investment: IBA Details
8Fuel price tracker: check petrol, diesel and LPG rates in metro cities for February 24 Details
8Saudi Aramco finalizes major oil sales to US companies and India Details
8Indian refiners' January crude processing fell in January Details
8Ukraine strikes Russia's Druzhba pipeline network Details
8UK oil refineries face extinction without urgent policy shift Details
8Two Oil India officials rescued after kidnapping attempt in Tripura Details
8Saudi Aramco's condensate lands in India amid global oil realignment Details
8Pine Labs secures multi-year digital payment contracts with BPCL, HPCL, and IOCL Details
8India's oil and gas block bids extended: new opportunities arise Details
You can also click on Newsclips for more
Details

Announcements

Feb 24: New Page 2 8BPCL receives Rs.1,816.65 crore central excise demand order; to file appeal before CESTAT [BPCL] Details
8HOEC announces resignation of independent director and reconstitution of board committees [HOEC] Details
8Investor presentation [LIL] Details
8Essar energy transition, Spirit Energy and Progressive Energy join forces to advance CO2 infrastructure [Essar] Details
Details

The $11billion capitulation: How BPCL is stripping away legal safeguards to buy Global Tech

Feb 23: 8By effectively "pre-clearing" bidders and capping their liability for design failures, BPCL is shielding international giants from the very risks their technology is supposed to prevent.
8We investigate the "Intellectual Property trap" that forced BPCL’s hand.
Click on Details for more Details

New domestic gas around the corner

Feb 23: 810 mmscmd of new domestic gas to hit markets
Click on Details for more
Details

The LNG demand story is showing an alarming trend

Feb 23: 8And there are distressed customers, as this important parameter seems to be showing.
Click on Details for more Details

The LNG industry has a new boss

Feb 23: 8And there is widespread resentment
Click on Details for more
Details

The Swan Balancing Act: What is going on?

Feb 23: 8An LNG project that has refused to take off would have killed any business enterprise
8But this company seems to have done the impossible Details

RIL gets a top E&P executive

Feb 23: 8Why did he quit this other E&P company?
Click on Details for more
Details

Underdog outmaneuvers the guard in GAIL’s bio-gas race

Feb 23: 8In the race to monetize India’s agricultural waste, the battle isn't just about technology—it's about ruthless pricing.
Click on Details for more Details

Models vs. Metals: Inside this refiner's high-stakes simulation war to keep 3000 km of ageing pipeline alive

Feb 23: 8It is taking a calculated risk in easing the norms
Click on Details for more
Details

Refinery column: Why just this company?

Feb 23: 8A refinery column is a regular piece of specialized equipment.
8So why is this company so keen to provide a single tender to just this one company? Details

The race for ‘Quartile One’: Three in the loop

Feb 23: 8This company wants to be in the top 25% of world's most efficient refineries in double quick time
8And there are companies in the race to build the paperwork for it  Details

EPMC gains from project creep

Feb 23: A whole new refinery unit work has arisen out of being the EPCM for one
8And that is the windfall that only EIL can reap
8Getting the whole project on a platter, on a nomination basis
Details

Today's update in Midstream-Downstream & CGD sector

Feb 23: 8Here's what's happening today in the midstream-downstream, and CGD section
Click on Reports for more Details Details
  • Feb 23: Russian fuel tanker changes route after India cuts oil imports, shifts direction to…; movement raises global questions:Details
  • Feb 23: Ernakulam District City Gas Distribution Project:Details
  • Feb 23: Jhansi District City Gas Distribution Project:Details
  • Feb 23: Announcements:Details
  • Feb 20: Today's oil & gas tenders: 253 new tenders in all:Details
  • Feb 20: Reliance to invest Rs 10 Lakh Crore in AI, says Mukesh Ambani:Details