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
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Geothermal energy: ONGC admits failure
Feb 24: 8Find out what really happened Click on Details for moreDetails
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
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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
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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
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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
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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
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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
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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
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ONGC’s PSV tender: Rewires ROFR
Feb 24: 8This is an important change Click on Details for moreDetails
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
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GAIL wants to flirt with downstream processors
Feb 24: 8Is it the best way forward? 8Perhaps not Click on Details for more
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ONGC offshore cementing scope and additives controls: Less clarification and more consolidation
Feb 24: 8Find out more Click on Details for moreDetails
LP compressor relocation: Qualified-heavy field, but two disqualifications sharpen document-compliance risk
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
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Rs 61.83 crore chemical dosing pump contract in ONGC
Feb 24: 8Find out more Click on Details for moreDetails
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 moreDetails
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.
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.
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
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Extreme 271.7% price spread defines MCCB SITC award for E-760-16 rig
Feb 24: 8Find out what happened. Click on DetailsDetails
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.
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 DetailsDetails
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