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Nov 2025

Engineers India Ltd is entering a new era.
8The PESB has picked Atul Gupta as CMD
8But he steps into a chair reshaped by Vartika Shukla, whose four-year tenure quietly altered the organisation’s direction, ambition and relevance in India’s energy-transition landscape. Details
1) ONGC Hazira ARC corrigendum pushes customs duty to 18% and stretches bid security window for valve servicing and fabrication contract
8ONGC’s Hazira ARC looked like a conventional three-year pipe and valve maintenance contract until the latest corrigendum rewrote its fiscal and bid-security assumptions.
8List-33 imports now carry 18% IGST and bid guarantees must stay live 45 days beyond bid validity, forcing contractors to rethink pricing and banking limits.
8How bidders rebalance foreign content, working capital and risk appetite under these new rules will decide who stays in the race.
 
2) OIL’s well servicing corrigendum trades extra CT maintenance headroom for a hard line on penalties and force majeure
8Oil india’s latest corrigenda quietly reshape the economics of its four-year coiled tubing and nitrogen package without touching the headline scope.
8Maintenance and operating-charge tweaks look friendly on paper, but the penalty spine and force majeure economics remain stubbornly intact.
8Whether bidders see this as a workable compromise or a one-sided risk transfer will only become clear when the technical bids open.
 
3) ONGC bolts a stricter PoA and EMD-exemption regime onto its Aframax tanker charter
8ONGC’s first corrigendum on its Aframax tanker hire never touches the hull or the SBM, but rewrites who can sign the bid and who can skip EMD.
8A granular power of attorney rulebook and a re-framed exemption clause now sit between tanker owners and a Rs 84.50 lakh security demand.
8How comfortably the marine market lives with this heavier governance layer will show up in who actually turns up to bid.
 
4) Second date extension and consortium U-turn reshape ONGC’s Rajahmundry LTSOBM mud-plant hire
8ONGC has quietly turned a routine LTSOBM hire into a four-month-delayed, consortium-friendly HPHT services test for Rajahmundry.
8Behind the fresh 01 December bid deadline sit tougher labour and inventory obligations, new financial evidence rules and a partial pull-back of environmental risk.
8Whether serious mud-engineering players see this as an opportunity or an over-engineered gauntlet will only become clear when the December bids open.
 
5) Oil India’s Rajasthan cementing-BHP tender buys 77 more days of bid time without loosening the technical screws.
8Oil India has quietly pushed its Rajasthan cementing and BHP tender closing from mid-September to 28 November 2025, stretching the bidding horizon by 77 days.
8The scope and securities stay just as demanding, but bidders now face a much longer period of price and EMD exposure on a high-temperature CSS job.
8Whether this extra time widens the field or merely prolongs a tight race is what the market will be watching.
 
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8ONGC’s latest 1000 HP mobile-rig tender for Ahmedabad and Mehsana has quietly slid from an August to a December bid closing, even as customs duty on key imports jumps to 18%.
8Behind the new 01 December 2025 deadline sit stricter OEM-only BOP rules, SWMS labour tracking and day-rate caps that refuse to budge, despite sustained bidder pushback.
8The real contest now is whether enough serious drillers will still price in four high-spec rigs under this risk-heavy template — or whether ONGC will discover the limits of its new rig-hiring philosophy.
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8Oil India’s Agartala CBG tender has quietly changed more on paper than on process.
8A chain of eight corrigenda now defines who can bid, how long they must support spares, and how long Rs 2.16 crore of EMD stays locked.
8The plant design stays ambitious at 160 TPD, but the real test is whether this new balance of risk and obligation brings enough serious EPCOM players to the line.
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8ONGC’s first corrigendum on its three-year MUV charter barely touches the vessel but rewrites the rules around who can sign, how long securities must run, and how force majeure works.
8EMD-exempt bidders gain liquidity relief on paper but now face a two-year ban threat under a new bid securing declaration regime.
8How marine operators price these tighter governance and risk settings will decide whether this charter stays competitive or narrows to only the most compliant and well-banked players.
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1) Two offshore specialists clear ONGC western offshore crane O&M as consumables-heavy clarifications narrow the participating bidder field.
8ONGC’s western offshore crane O&M tender has moved past the initial filters with just two qualified bidders standing and one disqualified.
8Behind that simple line-up sits a dense web of clarifications on mobilisation, consumables and logistics that ONGC has largely refused to soften.
8The real question now is how Oil States and Spectrum will price and execute a contract where much of the operational risk is locked in, but some of the largest liabilities are still to be negotiated post-award.
 
2) Eleven local transporters crowd into ONGC Assam Asset crude tanker hire
8ONGC Assam Asset’s crude tanker tender has drawn eleven bidders, from individual operators to small enterprises, vying for a three-year foothold.
8While the participant list looks competitive, the only visible clarification is a tax-side corrigendum that lifts concessional duty and GST references to 18% and pushes compliance risk firmly onto contractors.
8The unresolved question is how many of these bidders can price and execute under a framework where ONGC keeps the work flexible but the financial and regulatory exposures largely non-negotiable.
 
3) Two specialist bidders line up for ONGC Cambay Asset’s mobile pumping unit hire
8ONGC Cambay Asset’s nine-month MPU hire has drawn a focused two-bidder field in Deval Energy Resources and Suresh Oilfield Units and Maintenance Co.
8The tender’s bid-stage rules make it clear that post-participation clarifications can tidy documents but cannot soften experience thresholds, ownership proofs or statutory obligations.
8What remains to be seen is which bidder can walk that narrow compliance line without losing pricing headroom on a technically demanding effluent disposal job.
 
4) Oil India’s well servicing ARC amendment resets EMD slab and extends GeM bid timeline to 2 December 2025 for Assam & Arunachal
8Oil India has quietly redrawn the financial entry ticket for its flagship well servicing ARC in Assam and Arunachal.
8A new EMD slab now distinguishes between two-set and three-set bidders, and the bid window has been pushed out by 15 days.
8Behind those simple changes lies a deliberate reshaping of who can realistically compete for four years of CTU/NPU/FPU work.
 
5) ONGC stretches bid-security buffers and tightens PoA and BSD rules in Hazira fabrication and valve-servicing ARC corrigenda
8ONGC’s Hazira ARC corrigenda do not change the work, they change the rules of engagement.
8Bid-security instruments now run longer, exempt bidders must sign up to a two-year ban risk, and only perfectly documented PoA and BEC trails will make the cut.
8The real question is how many serious fabrication and valve-service contractors are ready to live with that level of front-loaded discipline.
 
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1) Jyotsna Enterprises wins BPCL MR catalyst-replacement job for NHGU R302A
8BPCL has finalised its bidder for the third-bed catalyst replacement in the NHGU reactor at Mumbai Refinery. The L1 value sits well below the verification threshold, shaping an unusually lean award structure. The spread across L1–L4 signals competitive pricing pressure around shutdown-critical services.
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1) GAIL filters bidder field sharply in PMC tender for Bengaluru CBG plant
8GAIL’s technical-bid scrutiny for the 12.6 TPD CBG plant in Bengaluru left only two of four bidders in contention. High TPD-based experience thresholds and strict document authentication shaped the qualification outcome. The deeper implications emerge only when the clause-level structure is mapped against GAIL’s tightening procurement discipline.
 
2) MRPL aromatic complex shortlists five bidders for instrumentation services contract
8MRPL has advanced its two-year instrumentation services tender with five bidders clearing technical evaluation. The contract’s structure places significant cost-absorption and mobilisation responsibilities on the contractor while retaining SOR-based measurability for installation work. Commercial stakes now shift to the financial bid stage, where floor-price controls and labour-risk allocation will shape competitiveness

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1) BPCL Kochi refinery issues three-year rate contract tender for heat exchanger jobs in zone-2
8BPCL has opened a three-year mechanical maintenance tender for exchanger works across high-pressure and multi-metallurgy equipment in Zone-2. The scope brings welding, testing, blasting, seal-welds, and full overhauling under one consolidated rate contract. The implications for vendor capability, pricing discipline, and reliability standards sit behind the paywall.
 
2) BPCL invites two-part bids for full-scope VDU heater revamp with metallurgy upgrade and modularized execution at Mumbai Refinery
8VDU Heater Revamp tender BPCL’s latest heater-revamp tender introduces a complete redesign of radiant supports, coil additions, and structural modifications. The shutdown-compressed execution model demands modular fabrication and extensive QA/QC staffing. How these requirements shift cost, risk, and bidder eligibility becomes central to understanding this package.
 
3) MRPL’s JNPA ATF-storage tender sets high technical bar with NMIA pipeline mandate
8MRPL’s new ATF terminal tender at JNPA introduces unusually strict aviation-grade requirements. The document embeds mandatory pipeline linkage to the upcoming NMIA system, shifting interface risk onto the contractor. Several clauses raise the compliance threshold in ways not typically seen in tank-hiring tenders.

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1) BPCL revises key clauses and removes all securities in Project Indus due diligence tender
8BPCL’s latest corrigendum for Project Indus reshapes both the technical and commercial architecture of the due-diligence tender. Expanded land-risk language and solar-plus-wind scope shift expectations for consultants. But the complete withdrawal of EMD, SD, LD and PBG raises sharper questions about BPCL’s evolving procurement posture.
 
2) BPCL BPREP centrifugal compressor tender sees six extensions to mid-November
8BPCL’s hydrogen-service centrifugal compressor package has undergone an unusually long chain of bid-deadline extensions. The delays highlight the burden of API-617 PQC and multi-OEM documentation cycles. What this means for competition and ordering timelines sits behind the paywall.
 
3) GGL pushes solar EPC bid deadline five times amid bidder hesitation —12 MW captive project.
8GGL’s 12 MW captive solar tender has undergone five deadline extensions, signalling deeper concerns among EPC bidders. The unchanged PQC, 66 kV evacuation requirement, and land-on-lease model appear to have constrained participation. The extensions provide time, but not structural relief.
 
4) BPCL updates IEM panel for PRFCCU pipeline rerouting tender in Mumbai
8BPCL has issued a governance-layer correction to its PRFCCU pipeline rerouting tender by updating the list of Independent External Monitors. No technical or commercial clauses have been altered, leaving the core scope and risk structure fully intact. The pre-bid record confirms firm adherence to BQC, PBG and TPI requirements. Corrigendum-1 contains no technical deltas despite a very large inch-dia workload. Bidders must therefore interpret SOR items as originally published. The lack of revision indicates BPCL’s confidence in the issued engineering package.
 
5) IOCL extends bid deadline for EC & CRZ reimbursement tender at Hope Town
8A short 10-day extension has been issued for the single-tender involving EC and CRZ reimbursement linked to the Hope Town gas infrastructure plan. The move signals IOCL’s preference for procedural completeness despite the absence of competition. Why the extension matters for the Island project’s regulatory timeline remains behind the paywall

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8Bidders for ONGC’s Panna–Tapti integrated O&M contract have won more time, but not more room on risk.
8Pre-bid replies confirm that shutdown compensation, chemical exposure and KPI stakes will remain firmly on the contractor’s books, even as new project loads loom.
8The question now is which players are confident enough in their data and balance sheet to sign up on those terms.
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8BPCL and EIL have locked nearly all licensor deviations while selectively expanding vendor choice for the TEAL system. The pre-bid responses signal a strict, data-centric approach to BEDP accuracy, utility design pressures, and downstream integration. But the rigid stance also reshapes risk distribution, pushing licensors into firmer commitments earlier in the cycle.
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8ONGC has handed Offshore Marinetech a Rs 14.84 crore ticket into the heart of its HPHT DDW1–PLQP integrity work, but the real power lies in the fine print.
8A blanket ban on sub-contracting, new mobilisation-deferment rights and milestone-loaded payment terms quietly redraw who carries readiness, liquidity and compliance risk offshore.
8Whether this becomes the standard template for ONGC’s future HPHT O&M tenders—or remains a high-stakes experiment—will depend on how this contract performs under real-world pressure.
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8Vendors must submit a best-performing catalyst formulation and undergo multi-stage R&D evaluation cycles.
8The commercial tender will be restricted to those who clear this technically demanding process.
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8HPCL’s Lube Modernization and Bottoms Upgradation project has quietly turned its vertical SPP pump package into a test case for hard-wired energy guarantees. The tender forces bidders to file a separate, price-sensitive bid just for guaranteed shaft power, with life-cycle loading and penalties tied directly to those numbers. How that two-ID structure plays out in practice will determine whether this becomes a one-off experiment or a new template for critical rotating equipment.
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1) ONGC Cambay civil ARC loads quality policing and high experience bar onto a three-year workover rig support contract
8ONGC’s new Cambay civil ARC looks like a routine enabling contract until you read how the experience bar, LD and third-party inspection fit together.
8Behind the three-year workover-support scope sits a 3% performance security, a year-long defect liability tail and a ban on sub-contracting that quietly narrows the field.
8Whether civil players price this as a stable multi-site service business or a high-risk, high-compliance trap is what this tender will ultimately reveal.
 
2) ONGC hard-wires OEM-backed, OISD-189 compliant fire protection into its onshore drilling and workover rigs through a GeM-routed multi-asset tender
8ONGC is not just buying pumps and pipes; it is buying an entire mobile fire-protection architecture that must travel with each rig and perform on command.
8The tender forces firefighting OEMs to guarantee 10 years of spares, service and AMC readiness while subjecting their past performance to TPIA scrutiny.
8How the market prices this blend of strict safety performance, industrial-policy content rules and reverse-auction pressure is where the real story begins.
 
3) ONGC Assam tests dual-mode Caterpillar–BHEL rig sets as synchronous condensers through an exploratory engine–alternator retrofit EOI.
8ONGC Assam Asset is asking an unusual question of its rig power trains: can a conventional Caterpillar–BHEL engine–alternator set be turned into a part-time synchronous condenser.
8The EOI puts air-cooled clutches, flexible couplings and advanced control schemes on the table, but leaves all commercial cards face down.
8How vendors respond to this mix of mechanical retrofits, digital control and long-term support expectations will decide whether the idea stays a concept note or becomes a pilot rig.
 
4) SR Engineers wins Rs 3.42 crore online leak sealing ARC
8The real story sits in the fine print.
8Behind the award is a web of IS/OISD-anchored technical requirements that quietly reshape who can even enter the race.
8Whether this becomes a model for how ONGC buys high-risk services under stricter policy compliance will depend on how the contract performs in the field.
 
5) Krishna Antioxidants captures Kathana PPD board-purchase as ONGC Cambay trades higher lab governance for a softer 3% bond
8ONGC Cambay has quietly locked Kathana’s pour-point risk into a single L1 supplier, but the real story sits in the fine print.
8A pre-screened three-manufacturer pool, lot-wise LD and lab-driven acceptance give the chemist more power than the price committee.
8Whether the winner has won a one-off contract or the inside track on Kathana’s flow-assurance future will only be clear from the next round of tenders.
 
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8EIL has quietly closed its earlier pump retender after three extensions failed to deliver a clean competition.
8A fresh enquiry with new dates but identical specifications has now been issued for the MRPL Bio-ATF project.
8The move signals a tactical reset aimed at widening vendor response without altering technical scope.
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Details
8How did one get the pricing so wrong?
8All of them are experienced players
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8Here's what's happening today in the E&P, midstream-downstream, and CGD section
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For reference purposes the website carries here the following tenders:
8Procurement of replacement components for PARKER hydraulic pump systems Details
8Procurement of KIRLOSKAR pneumatic compressor spare parts Details
8Procurement of solenoid valve Details
8Tender for replacement of LPG liquid nozzle/pipeline in above-ground LPG storage vessels Details
8Tender for inspection and testing services for API 5L grade pipelines Details
8Procurement of replacement components for EMERSON valve systems Details
8Procurement of x-ray baggage scanning system Details
8Procurement of AMETEK make analyser spares Details
8Supply, installation, and commissioning of SCHNEIDER ELECTRIC make 12-bed PSA HMI PC Details
8Supply of polytetrafluoroethylene (PTFE) thread sealing tape Details
8Procurement of industrial vacuum packing system Details
8Supply, installation, and testing of 6.6 KV ABB switchboard extension in PP substation Details
8Comprehensive annual maintenance contract of GVR make DUS Details
8Provision of new field acknowledgement system for GMS Details
8Comprehensive annual maintenance contract for terminal automation system including process PLC, safety PLC, TFMS, and allied equipment Details
8Procurement of replacement filter elements Details
8Supply, installation, and commissioning of furniture (90 sets of desk and bench) Details
8Supply of platinum iridium ring probe for force tensiometer (K100) Details
8Procurement and installation of CCTV cameras and accessories for township exhibition center Details
8Procurement of non-metallic wear ring for SULZER pumps Details
8Tender for carrying out external safety audit, preparation of on-site emergency plan, and site services Details
8Procurement of seal air blower spares for FCCU Details
8Procurement of additives ST2184 and ST6216 Details
8Comprehensive annual maintenance contract for auto flash point ABEL analyzer, PMCC PMA-5, and supply of consumables Details
8Rate contract for repair and replacement of rotoformer steel belts and maintenance of rotoformer machines in solid sulphur handling and dispatch unit Details
8Tender for supply of electrical spare items Details
8Comprehensive repair and restoration of flameproof air conditioners and supply of spare compressors Details
8Providing environmental protection and scrubber machine services inside buildings and surroundings Details
8Procurement of mechanical spares installed in B&P machines Details
8Procurement of RFID cards and printer cartridges Details
8Procurement of ROSOV valve spare parts for terminal Details
8Tender for supply of industrial oven Details
8Supply of nut-bolts for rakes and regular mechanical maintenance for one year Details
8Tender for supply of registers, stationery items, and DGCC blue books Details
8Procurement of MSB NHT filter spares Details
8Supply of air compressors with accessories at LPG bottling plant Details
8Supply of seal foam for floating roof tank – 200 mm rim gap Details
8Procurement of creative services for campaigns and content development Details
8Design, supply, installation, and commissioning of effluent treatment plants Details
8Tender for contract for VDU heater revamp Details
8Procurement of comprehensive corrosion control program for two years Details
8Tender for conducting zero waste to landfill audit Details
8Tender for tank dyke area development at cryogenic facility Details
8Annual maintenance contract for expert supervision services for troubleshooting and overhauling of SRU MICRO STG Details
8Procurement of mechanical seals for industrial pumps Details
8Procurement of SULZER make pump spares Details
8Tender for installation and commissioning of ARAFFF CFS panel Details
8Rate contract for heat exchanger jobs in zone-2 Details
8Tender for upkeeping of electrical, fire fighting, and utility systems Details
8Procurement of thulium fiber laser systems, electric hospital beds, and auto biochemistry analyzer Details
8Procurement of various KSB make pump spares Details
8Procurement of 4 MW EDG (emergency diesel generator) spares Details
8E-tender for procurement of printers from OEM vendor for mono DUS Details
8Tender for CCTV system revamp: configuration, installation, commissioning, and civil work Details
8Tender for rectification works of compressor system in air-cooled chiller unit Details
8Procurement of 3-inch industrial gate valve Details
8Tender for repair works of cone roof tanks in ETP/TTP area Details
8Tender for operation and maintenance of package ACs, window and split ACs Details
8Tender for mechanical treatment of oily sludge in lagoon Details
8Tender for Supply and application of special painting on pipelines, structures, and equipment in process areas
8Supply and application of special painting on pipelines, structures, and equipment in process areas Details
8Procurement of 6 mm diameter steel wire rope Details
8Tender for overhauling of 10 ton EOT crane Details
8Procurement of environmentally friendly liquid defoamer Details
8EOI for engine alternator coupling modification and alternator control upgrade Details
8Procurement of spares for ELTRA make carbon sulphur analyser Details
8Tender for complete in-situ re-tubing of waste heat boiler and sulphur condensers Details
8Supply of hydrated lime in 25 kg HDPE bags Details
8Tender for supply of citric acid Details
8Two years rate contract for procurement of SS tube fittings, SS manifolds, SS needle and ball valves Details
8Tender for mobile app-based attendance system Details
8Annual rate contract for civil works for deployment of workover rig Details
8Tender for fabrication and associated jobs in APU Details
8Tender for construction of internal roads and miscellaneous civil works Details
8Tender for hiring of vehicles on daily and monthly basis Details
8Comprehensive maintenance contract for pre-owned products Details
8Tender for above-ground GI installations including last mile connectivity Details
8Tender for power transformers for petrochemicals and refinery expansion projects Details
8Procurement of multifunction machine version 2 Details
8Tender for guaranteed parameter documentation for project VG/C068-000-PA-MR-5070/15 Details
8Supply of vertical centrifugal pump for lube modernization and upgradation project Details
8Tender for consolidated civil works inside plant/terminal/station Details
8ARC for providing vehicles on hire Details
8Tender for conducting T4S audit of geographical areas Details
8ARC for upliftment and disposal of oil-soaked insulation waste Details
8Supply of DP type level transmitter (LT-4505) with oval flanges Details
8Procurement of EMERSON (FISHER) make valve spares for WSA unit Details
8Procurement of spare parts and consumables for auto distillation apparatus Details
8Supply of servo valve (GCV/SRV), model G771K202A, MOOG make Details
8Procurement of SEVERN GLOCON valve spares Details
8Procurement of spares for ZEECO make flame scanner Details
8Supply of retractable fall arrestor Details
8Tender for supply of demister pad Details
8Tender for miscellaneous electrical maintenance works for various units Details
8Design, manufacture, supply, supervision, installation, testing, and commissioning of unloading/loading arms with quick connect dry break coupling for LPG bottling plants Details
8Procurement of motor operated valves Details
8Procurement of spare parts for HOWDEN compressors Details
8Procurement of spare parts for LPG cylinder valve replacement without evacuation Details
8Procurement of centrifugal pump and controlled volume pump Details
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For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
8Greece and Ukraine sign a US gas supply deal as Zelenskyy visits Athens Details
8India’s Russian oil imports up 11% on month in October despite Trump rhetoric Details
8India signs first long-term US LPG import deal to boost energy security Details
8Western hydrocarbon imports from Russia since the Ukraine crisis – analysis Details
8Floating oil storage surge puts market balance on edge Details
8Global LNG glut could upend prices by 2026 Details
8BPCL joins Energy Security Conference 2025 organized by CII Details
8Oil India shares rise as company declares interim dividend of Rs 3.5 per share Details
8RIL to set up 1 GW AI data centre and 6 GWp solar power project in Andhra: CM Naidu Details
8Oil falls after loadings resume at key Russian export hub Details
8BPCL buys 3.7 million barrels crude from West Africa, US and Mideast Details
8India's spend on Russian oil buy at €2.5 billion in October ahead of new sanctions Details
8TruAlt Bioenergy to invest Rs 2,250 crore in Andhra Pradesh for sustainable aviation fuel plant Details
8Private oil investment in Colombia expected to fall in 2026, industry group says Details
8US paves way for talks on sale of Lukoil's foreign assets Details
8Oil settles up more than 2% as Russian port suspends oil exports after Ukrainian attack Details
8India second-largest buyer of Russian crude in October: Report Details
8About 20% of global vessels to connect with India in next 15 years: Puri Details
8OIL Q2 turnover at Rs 9,175 crore; PAT at Rs 1,044 crore, interim dividend Rs 3.50/share Details
8CNG prices rise in major cities from November 16 – details here Details
8IGL hikes CNG prices in select cities; check latest rates Details
8India to double CNG stations to 18,000 by 2030 Details
8GAIL pipeline damage disrupts CNG supply in Mumbai, Thane & Navi Mumbai; MGL issues advisory Details
8India's oil demand expected to average 5.9 mbpd in 2026 compared to 5.7 mbpd in 2025 Details
8Petrol unchanged again today, but IEA says India is set for major oil demand growth Details
8Turning pollution into power: Why DME may be India’s next clean fuel breakthrough Details
8Iran seizes oil tanker in Gulf of Oman Details
8Confidence Petroleum India reports mixed Q2 results with improved EBITDA margin Details
8India’s refiners turn to the U.S. in break from the Gulf Details
8India awards first long-term US LPG contracts to Chevron, Phillips 66, Total Details
8CNG supply to Mumbai hit after pipeline damage; autos and taxis affected Details
You can also click on Newsclips for more
Details
8Project Name: Bhubaneswar - Khordha District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details Details
Crossing baseline in the first months of takeover should not happen in a genuine production enhancement regime.
8Unless the “difficult field” wasn’t difficult at all — merely poorly optimized.
8Production enhancement contracts were meant to shift operational risk to private players.
8But if margins stay above 45–50%, the risk has clearly not shifted only the profits have. Details
HOEC’s profit spike looks impressive at first glance — until you see that Rs 32.5 crore of it comes from a fair-value gain on consolidating B-80.
8Strip that out, and this is a steady but unremarkable quarter.
8HOEC’s new COSA with HPCL kicked in this quarter, but the first delivery drew quality objections. The company insists the contract shields it from claims. Details
8OIL’s Q2 looks stable on the surface, but the undercurrent is volatile—lower crude realisation, overseas impairments, and Rs 4,300 crore of cumulative royalty-tax provisioning.
8While upstream profits shrank, NRL ran at 100% utilisation and delivered strong throughput. Without the refinery, consolidated numbers would have looked far weaker. Details
India’s upstream service contractors are now reporting 40%–50% EBITDA margins
8This is driven by a shift in contract structures, not day rates
8And is this going to be a new trend? 
Also, if contractors earn 50% margins on PSU assets, what is ONGC not capturing? Details
For reference purposes the website carries here the following tenders:
8Procurement of new SRU incinerator boiler tubes for SRB unit Details
8Annual rate contract for construction of drill sites, DSAs and other allied civil works for drilling activities in frontier basins for 3 years Details 
8Construction of CODO retail outlet at Bhagwatgarh- DME CODO RO - RHS in Dist. Sawai Madhopur,Rajasthan Details
8Supply, installation, testing, and commissioning of new IP-based EPABX including telephone handsets Details
8Supply of high-volume long-range foam cum water monitor (HVLRM) for PFCC / GDS / MS block unit Details 
8Construction of CODO retail outlet at Bhagwatgarh- DME CODO RO - LHS in Dist. Sawai Madhopur, Rajasthan Details
8Procurement of fittings and flanges for routine maintenance and turnaround activities Details
8Hiring of third-party inspection agency for bunker supply survey Details
8AMC for mechanical maintenance of chain conveyor system Details
8Procurement of high purity hydrogen (cascade-based) Details
8Tender for distributed control system (DCS) and terminal automation system Details
8Tender for procurement of electrodes Details
8Providing 9 no of semiskilled manpower for collecting sample in rotating shift Details
8Tender for of workstations/servers and associated software upgradation Details
8Tender for availing services for network analysis and capacity determination of steel line network Details
8Tender for providing internet lease line connection for two years Details
8EOI- acid gas treatment unit for CO2 capture and sulphur recovery Details
8Supply of SPX make agitator spares Details
8Procurement of consumables of HTDGs Details
8Tender for stem extension works on dyke drain MOVs Details
8Tender for supply of bearing Details
8Procurement of SOVs for PR and PNC Details
8Supply of electrical testing/ measuring instruments Details
8Tender for supply of fabric bellows Details
8Supply of 1 no. manual freezing point bath for AV Gas 100LL / ATF for PDR QC lab Details
8Supply of leather hand gloves, 14-inch size Details
8Tender for handling contract of packed bitumen Details
8Procurement of miscellaneous electrical items Details
8Supply of critical spares for GMS system Details
8Tender for supply of fire proximity suit Details
8Procurement of scissor lift with all accessories Details
8Procurement of STAAD Pro & STAAD Foundation advanced software from M/s Bentley Systems India Private Limited Details
8Tender for Hindustan make burner ignitor spares Details
8Supply of LERC tight joint for domestic pressure regulator Details
8Annual maintenance contract for battery bank Details
8Tender for operation, monitoring, and maintenance assistance for electrical distribution system under WAX Details
8Procurement of Limitorque make actuator spares Details
8Procurement of tamper evident seals Details
8Tender for handling contract for operation of consumer barrel filling station Details
8Appointment of handling contractor for total fuel management services Details
8Supply of 500 ml graduated glass cylinder Details
8Non-critical procurement with relaxation to MSE and start-ups under ATO Details
8Annual maintenance contract for ROTORK make ROSOVs Details
8Procurement of ZW500D LEAP MBR retrofit upgrade kit Details
8Tender for operation & maintenance contract for 1 MW hydrogen plant Details
8Supply of non-sparking tools Details
8Supply of variable frequency drive (VFD) for milling system at 2G bioethanol refinery Details
8Tender for finalisation of three-year rate contract for supply of PPEs Details
8Tender for fire fighting maintenance services Details
8Procurement of Duncan make spares Details
8Procurement of CS A672 Gr B60 Cl 22 EFSW pipe, 20 mm thickness, 1050 NB Details
8Procurement of Flowserve make mechanical seal spares Details
8Design, supply, installation, commissioning & maintenance of grid-connected rooftop solar power plant Details
8Tender for procurement of mobile cascade (900-litre water capacity) Details
8Providing manpower for housekeeping Details
8Tender for lab attendant at Tondiarpet installation for Tondiarpet QA lab Details
8Procurement of flapper assembly for magnetic level gauges Details
8Tender for shifting of 30 KL containerised unit Details
8Expert services for configuration of BPREP in existing contract men management system Details
8Design, supply and installation of AI-enabled camera video analytics and weighment system for tracking of LPG cylinders Details
8Tender for operation of mobile lab for Tondiarpet installation Details
8Tender for training program on “HIRA, QRA, HAZOP & ERDMP” for retail officers Details
8Design, supply, installation & commissioning of AI-powered visual inspection system for LPG cylinders Details
8E-tender for appointment of architect for approvals and NOCs for setting up of new retail outlet Details
8Supply of LED luminaire for floodlight (V2) Details
8Procurement of spares for Nirmal make PCVs Details
8Procurement of heavy duty pallet rack system for main warehouse Details
8Tender for charcoal replacement in ATF reactor Details
8Tender for statutory hydrotesting, NDT testing, certification and calibration of mounded storage vessel Details
8Tender for upgradation of AV system Details
8Tender for procurement of various types of valves Details
8Procurement of spares for pig tracking & locating system Details
8Tender for service contract for calibration of test and measuring instruments Details
8Design, supply, installation, testing & commissioning of 3 kVA online UPS with 12-hour battery backup Details
8Tender for supply of testing of transformer oil samples Details
8Tender for spares required for LOX pumps (232-G-123A/B) Details
8Providing 9 nos. of semi-skilled manpower in rotational shifts Details
8Tender for repair, maintenance and installation of plant systems and equipment Details
8Tender for procurement of tamper proof seals Details

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For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
8TotalEnergies reportedly reviewing options for Asian RE assets Details
8Strategists see USA crude stocks rising 6MM barrels WoW Details
8EIA raises oil price forecasts but still sees drop in 2026 Details
8Chevron sees oil prices under 'more pressure' than LNG next year Details
8South Sudan asks crude producers for $2.5B pre-payment Details
8EIA raises oil price forecasts but still sees drop in 2026 Details
8$1.55 billion gas heist? Bombay HC demands answers from Reliance and Ambani Details
8Brookfield contemplating IPO of natural gas pipeline InvIT Details
8Growth of India’s CO2 emissions expected to slow down significantly in 2025: study Details
8BCL industries bags massive ethanol order for FY26 from OMCs; over 1 lakh KL allocation confirmed Details
8Andhra Pradesh targets Rs.10 lakh crore green energy investment by 2029 Details
8Oil prices steady after steep losses in previous session Details
8World oil market faces even larger 2026 surplus, IEA says Details
8NRL Q2 net profit rises to Rs.724.83 crore Details
8Indraprastha Gas Ltd signs pact for natural gas distribution in Saudi Arabia Details
8Crude demand likely to zoom 37% by 2035: IEA Details
8Chevron says it expects upside to current estimated oil resource in Guyana Details
8EIA raises US oil output forecast, says oversupply will weigh on prices Details
8BP in active talks with Stonepeak over Castrol sale, sources say Details
8Mitsui O.S.K. Lines takes delivery of LNG dual-fuel bulk carrier built by Qingdao Beihai Shipbuilding Details
8LNG prices will drop in 2026 to absorb supply surge, but how much? Details
8IGL eyes Saudi Arabia for first overseas city gas venture Details
8IGL ties up with Saudi’s MASAH to expand natural gas network in key industrial hubs across the kingdom Details
8Tamil Nadu LPG truck overturns and catches fire in Ariyalur, no casualties reported Details
8Aegis Logistics reports robust Q2 FY26 results with 31% revenue growth and record LPG volumes Details
8Offshore pumped hydro could solve clean energy's biggest problem Details
8The remarkable rise of natural gas Details
8IEA warns oil glut will be worse than expected Details
8Diesel spreads hit near two-year peak after India cuts Russian crude purchases Details
8India should press US to roll back ‘Russian oil’ tariffs: Global Trade Research Initiative (GTRI) Details
8Egypt, India discuss cooperation in petrochemicals, mining Details
8Godavari Biorefineries reports 34% revenue growth in Q2 FY26 Details
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Details
8The amendment introduces harmonised turndown ceilings across all polymerization modes.
8The requirement to guarantee 60% turndown places new emphasis on reactor controllability.
8Bidders will need to demonstrate stable operation across deeper part-load conditions.
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Details
8There is a private sector well blowout
What is going on? Details
8The oil ministry will witness a change of guard
So what happens next? Details
8The next leg of India’s offshore rig demand depends on how one exploration exercise plays out.
8Until that verdict is in, India’s jack-up market will remain a shallow pool in a world of rising global scarcity.
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8India is the only major basin where jack-up rigs still clear at $35,000 a day in a world of $70,000–$85,000 benchmarks.
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1) HPCL tightens risk and mobilisation controls in new pan-India expediting services tender
8HPCL’s latest Minor Projects tender puts unprecedented pressure on expediting agencies to mobilise nationwide within tight 48-hour windows. The contract shifts nearly all travel, lodging, and compliance costs to the contractor while demanding clause-level engineering oversight at vendor shops. The tougher structure sets the stage for a narrow but highly competitive bidder field.
 
2) BPCL Bina Refinery’s new tender tightens control over ATF reactor charcoal-replacement operations
8BPCL Bina has floated a new service tender that compresses the charcoal-replacement window for its ATF reactor. The scope pushes vessel cleaning, internal de-choking, and precise bed loading to the contractor under a strict eight-day turnaround. Several compliance-heavy conditions signal a sharper procurement stance for critical CDU/VDU support jobs.
 
3) HRRL launches tightly structured O&M manpower tender for AMPL Gujarat pipeline section
8HRRL has issued a manpower-intensive O&M package for the AMPL crude pipeline covering operations, mechanical maintenance, housekeeping and documentation. The new tender locks wage components, overtime rules and statutory reimbursements, narrowing bidder discretion. The real test lies in how vendors balance strict compliance demands with round-the-clock operational readiness.
 
4) HRRL sets tight, escalation-proof electrical O&M regime for AMPL Gujarat section
8HRRL’s new electrical O&M tender for the AMPL Gujarat section quietly rewires how midstream manpower contracts handle wages, overtime and field logistics. The scope folds HT/LT systems, CP, fire protection, instrumentation and SCADA into one integrated mandate for COT and all key stations. What is less obvious at first glance is how the mix of strict wage floors, reimbursable extras and narrow PQ filters will shape who can bid — and how they will price the risk.

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Details
1) EIL pushes ONGC Hazira pipeline revamp tender to 25 November after four extensions
8The ONGC Hazira Part-B pipeline-revamp tender has now been extended to 25 November after four rounds of deadline shifts. New pre-bid clarifications reveal tighter contractor-supply obligations and manual-only crane operations in hazardous zones. Several bidders appear to be recalibrating their scope, costing, and mobilisation plans as a result.
 
2) BPCL Bina cooling-water pump tender extended again as EIL rejects all downgrade requests
8EIL has issued a second extension for BPCL’s Bina cooling-water pump package while holding firm on all major technical specifications. Vendors sought relaxation on seals, lubrication, coatings and start-up philosophy, but each request was declined. The delays now highlight interface dependencies and tightening reliability expectations for the BPREP cooling-water system.
 
3) BPCL extends bid deadline for large-diameter fittings package under Bina petchem project
8BPCL has pushed the submission deadline for its high-diameter fittings tender by a total of 13 days. The schedule shift comes without any accompanying technical or commercial changes. The move hints at bidder-readiness constraints in a thinly contested specialty-fittings category.
 
4) IOCL Panipat extends CCRU catalyst-replacement tender deadline by four days
8IOCL has pushed the submission deadline for its CCRU catalyst-replacement tender, signaling caution around bidder preparedness. The package carries high shutdown sensitivity and depends on niche catalyst-handling specialists. What this short extension means for participation and schedule integrity becomes clearer inside the document.

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Details
1) EIL opens eight technical bids for MRPL’s material handling works package
8Eight bidders have entered the fray for MRPL’s logistics-heavy material handling contract. The tender carries unusually low PQC thresholds despite strict zero-deviation and safety conditions. How EIL filters this broad pool will shape competition in the price round.
 
2) Only one bidder clears GMPL’s technical scrutiny for H2O2 oxidation tank agitator
8GMPL’s technical bid opening reduced a three-bidder field to a single qualified supplier. Two bidders were disqualified at the documentation stage with no reasons disclosed in the tender record. The narrowing of the field sets up a constrained financial evaluation.
 
3) Seven of eleven bidders clear HPCL’s technical gate for Mazgaon Lube Plant consultancy tender
8HPCL has shortlisted seven engineering consultants for the Mazgaon Lube Plant revamp package. The filtration marks a crucial step in selecting the firm that will define the design, automation, and safety architecture of the new TT gantry and associated facilities. The details reveal a competitive field but also expose documentation gaps among disqualified bidders.

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Details
8This is the second SPM the refinery is setting up
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Details
1) IOCL cancels DHDS catalyst procurement tender ahead of technical evaluation
8The DHDS catalyst tender at Gujarat Refinery has been cancelled before technical scrutiny, pausing a complex procurement cycle tied to diesel quality and reactor-cycle planning. The cancellation halts a process that carried unusually detailed reactor-specific constraints and strict sulfur-performance guarantees. What triggered the withdrawal remains unclear and signals a deeper internal reassessment.
 
2) IOCL cancels catalyst procurement tender for Panipat PP-unit
8IOCL has withdrawn the catalyst procurement tender for the Panipat polypropylene unit through a formal cancellation corrigendum. The decision overrides all earlier terms, schedules and reverse-auction provisions. Why the cancellation was triggered, and how the procurement will be reset, remains unspecified.

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Details
1) IOCL Barauni Refinery awards reprography contract at steep discount to estimate
8The final pricing for IOCL Barauni Refinery’s reprography contract has landed far below the refinery’s internal estimate. A sharp spread between L1 and L2 suggests a highly competitive service landscape with pronounced cost compression. What this means for service reliability and contract execution will depend on how the awarded vendor manages tight margins.
 
2) HPCL awards consolidated QRA–HAZOP–HIRA–ERDMP package at Patna ASF after wide 11-bid competition
8HPCL’s Patna ASF has finalised the award for its multi-study aviation-safety package covering QRA, HAZOP, HIRA, and ERDMP preparation. The financial outcome shows a sharply tiered spread across 11 bidders, revealing distinct cost assumptions on regulatory depth and modelling

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Details
8The latest bidder clarifications reshape risk boundaries for land, carbon credits, and minimum equity. MSW developers gain relief on possession requirements, but IOCL has retained full ownership of environmental attributes. Several material issues remain undefined and will now move into the post-empanelment negotiation zone.
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Details
1) ONGC frontier basins ARC hard-wires TPIA-verified experience and a 60:40 split to derisk drill-site civil works
8ONGC’s new frontier basins civil ARC looks like a routine drill-site tender until you read the small print.
8Behind the three-year rate contract sits a TPIA-policed experience bar and a 60:40 work-allocation algorithm that favour only the most documented contractors.
8The real story is whether civil players will accept this higher compliance load in return for basin-wide control over drill-site infrastructure.
 
2) ONGC Cambay’s free-gas power bargain loads uptime, mines compliance and meter health on a single natural gas genset contractor
8ONGC Cambay is offering free fuel but little room for error on a two-year hire of a single natural gas-based genset for SRP wells.
8Behind the GeM listing is a dense web of uptime targets, calibrated meters, Mines Act training and HSE penalties that quietly shift operational risk onto the contractor.
8How bidders price a contract where gas is free but every breakdown, absent operator or uncertified worker carries a cash penalty will decide who is willing to play.
 
3) L1 edges L2 by just 0.1% as ONGC locks in variable frequency drives for Tripura and Dehradun.
8ONGC’s latest GeM award for variable frequency drives has produced one of the tightest price spreads seen in its recent electrical packages.
8CPT Projects beats Sanguine Oilfield Services by a margin of just Rs 57,616 on a Rs 4.11 crore deal.
8Behind that single decimal point sits a dense web of PPP-MII penalties, integrity oversight and arbitration rules that will shape how both sides live with this contract.
 
4) Three HVAC specialists make the technical cut as ONGC narrows its six-rig O&M tender field.
8ONGC’s multi-rig HVAC O&M package has quietly moved from open marketplace to a three-vendor shortlist.
8Two bidders have already fallen at the technical hurdle, even as the contract’s 24×7 offshore scope and availability targets remain untouched.
8How this tighter field prices a comprehensive, risk-heavy O&M contract will decide whether ONGC has struck the right balance between competition and control.
 
5) Bid window on torque turn services pushed to 28 November in ONGC Rajahmundry RJY asset
8ONGC has quietly pushed its GeM bid for torque turn services in RJY asset from 14 November to 28 November 2025.
8The extension buys vendors time to align HP-HT-grade equipment and crews with a tough liability and LD framework that remains untouched.
8Whether this extra fortnight deepens competition or merely delays the start of a critical HP-HT support contract is what industry will now watch for.
 
6) OIL pushes bid deadline to 19 November as the Jorhat 125-TPD CBG EPCOM tender enters its fifth extension phase.
8OIL has granted bidders another 27 days to submit proposals for the flagship 125-TPD MSW-to-CBG plant at Jorhat.
8The move comes after a series of technical and contractual corrections reshaped the tender’s risk and design envelope.
8What finally emerges on 19 November will reveal how bidders have absorbed the revised scope and compliance load.
 
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Details
8ONGC has quietly moved the closing date for its flagship 3000 m DP drillship tender to 20 November 2025.
8The extension adds a week to an already stretched schedule without touching DP-3, MPD or ROV obligations.
8Whether that extra time deepens the rig pool or merely delays a thin contest is what the deepwater market is now watching.
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Details
8ONGC has quietly reframed acid-gas handling from a disposal problem to a commercial decarbonisation opportunity.
8The Uran pilot asks vendors not just to capture CO? and convert H?S but to market the products themselves.
8The tension lies in whether technology providers will accept a model that shifts both operational reliability and product-evacuation risk onto them.
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Details
8Oil India has bundled five wireline logging units, deep-well HPHT capability and a suite of advanced tools into a single, indivisible package.
8Behind the familiar four-year service label sits a layered risk-transfer design: high bid security, parent guarantees and strict experience bars that only a handful of global contractors can clear.
8How those bidders price the optional high-spec services and respond to the new ESG and TPI burdens will decide whether this becomes OIL’s new template or an expensive one-off experiment.
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Details
8Here's what's happening today in the E&P & midstream-downstream section
Click on Reports for more Details Details
We plan to run a series over time on what ails the gas-based power sector in India, as it is not just expensive power but the regulatory pitfalls that assails the segment
8Here is a story of how the government had forced a gas generator to generate power
8But then when payments were delayed, there were not regulations in place to compensate for that
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New Page 1 8Receipt of GST Appellate Order Imposing ?57.07 Crore Penalty under Section 74 of CGST Act; Company to File Appeal [RIL] Details
8Transcript of the Earnings Conference Call [Aegis] Details
8Transcript of Earnings Conference Call Held on 06 November 2025 [JD] Details
8Intimation of Legal Proceedings Filed Against Asian Energy Services Ltd. and Hardy Exploration & Production (India) Inc. under Section 9 of the Arbitration and Conciliation Act, 1996 [Seamec] Details
8Audio Recording of Q2 & H1 FY26 Earnings Conference Call [Afcons] Details
Details
New Page 1 8Financial results for the quarter and half year ended September 30, 2025 [United Drilling] Details
8Policy and economic report on oil & gas market [FIPI] Details
8Gas Connect – November 2025 [IGX] Details
8Schedule of earnings conference call on Monday, 17th November, 2025 [Asian Energy] Details
8APSEZ joins TNFD as an adopter, commits to nature-related disclosures from FY26 [Adani Port] Details
8Investor presentation – Q2 & H1 FY26 [Afcons] Details
8Oil India to participate in Avendus Spark annual investor conference on November 19, 2025 [OIL] Details
8End of force majeure in Area 1 Mozambique LNG Project [ONGC] Details
8Financial results for the quarter and half year ended September 30, 2025 [IGL] Details
8IGL approves alliance with MASAH Construction for natural gas distribution projects in Saudi Arabia [IGL] Details
8Link for audio recording of post results earnings conference call [GGL] Details
8GNRL successfully completes fourth well K#17 in Kanawara field, confirms hydrocarbon presence [GNRL] Details
Details
8Find a snapshot of thermal, hydro, pumped storage,
solar, wind, BESS and T&D contracts related updates for the day
Click on Reports for more Details
8This big CGD player shows the classical problem of a regulated urban gas market
8Revenues track volumes, but margins track input cost shocks. Details
8India's gas trading volumes jumped of late It is not because India suddenly used more gas overall, in fact power demand is weak
8The cause for the jump in volumes are just as interesting Details
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