At long last, combine cycle gas-based power plants are back in demand. And they will not be subsidy driven this time around.
8The expansion of the renewable industry will now mean that gas-based power plants will be increasingly called upon to fill up the gap in power supply in the absence of large-scale energy storage systems.
8This is part of a major shift now on in the Indian power sector, in which conventional power plants shift from baseload to intermediate load operation
8Indian power grid operators recently recommended the need for power plants to have fast load ramp-ups and shorter low-load and start-up time to ensure a stable grid in the face of increasing injection of intermittent renewable energy.
8The demand for ancillary services, such as a provision of control reserves and frequency support, as well as tertiary control reserves along with consequential load-follow operation, has gone up.
8New operating dynamics, never seen earlier, have now emerged, such as two-shift operations, load-follow operations, island operations, black start capabilities, frequency support and very high start-up and operating reliabilities.
Click on Reports  for more   Details

Project Name: Thermal Power Station - FGD Addition
8Project Cost: 1060 crores
8Project Description: Owner has awarded an EPC contract for development of the flue gas desulphurization system (FGD) in a 1980 MW thermal power plant. Further bids are expected soon.
8Project Event: RFQ for civil works of piling, foundations, structural and architectural works of the FGD system is expected by the Q4 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Q4:2018
8Release Date: Q4:2018
8Start Date: Q1:2019   
8Completion Date: Q1:2022
Click here for more information
8Project Name: Thermal Power Station - Annual Rate Contract Project
8Project Cost: 3 crores
8Project Description: Promoter is planning to come out with an O&M of the lignite handling plant in its existing 300 MW lignite based thermal power plant. A bid for an annual rate contract for O&M of the same is expected soon.
8Project Event: RFQ for an O&M of the lignite handling plant is expected by December 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Dec/2018
8Release Date: Dec/2018
8Start Date: Q1:2019   
8Completion Date: Q1:2020
Click here for more information
8Supply of C&I equipment required in a 1000 MW thermal power station: Find out the project owner
Click on details   Details

This is where gas based power plants will now step in. And the change in coming quickly, within the coming few months.
8The pattern of dispatch of combine cycle gas turbines (CCFTs).
8There will be a general shift for CCGTs from base load to flexible operation.
8Flexible operation is broadly defined as any mode of operation other than base load, such as a two-shift operation and load following.
8Two shift operations will mean starting up and shutting down a plant each day to meet load demand during periods of high demand.
Click on Reports  for more   Details

Gas suppliers were recently contacted by India's grid operators to help out with two-shift gas plant operations.
8There was some initial reservations as such operations would lead to fluctuations in pipeline pressure which would affect the others connected to their supply system.
8But it is now learnt that least one of them have agreed to try out the experiment
8A mock test is proposed to be carried out at the end of the month in one power plant wherein a gas turbine would be scheduled for 2-3 hours of operation during the evening peak to examine the level of pressure fluctuations in the gas pipelines.
8On successful completion of the trial, the proposed two shift operation would be implemented.
8The energy generated during this mock test will be scheduled to the beneficiaries of the respective generating stations.
8If the system holds out, gas-based power plants across the country will be moved into double shift. And nearly all of them will start pumping out power once again, given India's growing appetite for flexible power.
8If the demand for gas from the Indian power sector picks up in this manner, the gas supply industry in India is in for a major boost
Click on Reports  for more   Details

BPCL's upstream activities, driven by Bharat Petro Resources Ltd, is likely to see some sharp uptake
8The company has already invested $3 billion in upstream assets
8Another $3 billion is in the pipeline for early monetization effort, particularly in Mozambique
Click on Reports  for more   Details

The real reason why pollution is so rampant in India is due to false reporting of data
8The rules are all in place but polluters just do not follow them
859% of the industrial plants whose audits were back-checked by an independent agency were found to be polluting above the standard.
8The other place where fraud occurs is at the auditing level. Monitoring reports carried out by accredited third-party labs were found to be heavily biased. For instance, independent back-check pollution readings were 0.3 standard deviations higher than the readings produced in official audits. In other words, 29% of industries were falsely reported to be in compliance.
8A new study claims that pollution an be brought down by simple measures:
-- Install real time emission monitors and check the data remotely
-- Publicize the list of polluters to build public pressure
-- Move to fines instead of heavy fisted criminal penalties
-- Introduce emission trading
-- Introduce a different set of incentives to get auditors to report correct data
-- Introduce Odd-Even driving restrictions during times of heavy pollution, as data shows that this works
Click on Reports  for more   Details

What really was the rationale for the Schlumberger quote an impossibly high day rate of $86,000 for an uncontracted Indian Platform Support Vessel while quoting for a Well Stimulation Vessel tender in India?
8Why was there a need for such a high quote?
Click on Details for more   Details

For reference purposes the website carries here the following tenders:
8Tender for Supply of Instrumentation Junction Boxes Details
8Tender for Supply of Cast Valves Details
8Tender for Overhauling/Servicing/AMC of Auma India Pvt. Ltd. make actuators Details
8Procurement of Pulleys for Refinery Details
8Supply of Liquid Chlorine in 100 Kg Cylinder Details
8Tender for Service Contract for BHEL make DAVR & ECS Details
8Tender for Consignment clearance services at port trust Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Japan steps up US LPG purchases in fallout from Sino-US trade conflict Details
8India's oil import bill to jump by $26 billion on rupee woes Details
8Angola aims to boost crude oil output with new block sale agency Details
8Stock market update: IGL, IOC drag oil & gas index down Details
8Swiss utility in LNG supply talks with Canada's Goldboro project Details
8Workers to strike at three Total North Sea oil and gas platforms on August 20: Union Details
8OPINION: Fuel markets confirm global growth slowdown Details
8U.S. energy chief Perry applauds Mexico's plan to end fuel imports Details
8Oil prices fall amid fears over slowing global economic growth Details
8Russia's Gazprom Neft says expects better oil output dynamic in 2018  Details
8Rs 44,000 crore greenfield freight corridor on east coast in the works Details
8Dalian coke extends rally to 7-year peak as China curbs hit supply Details
You can also click on Newsclips for more   Details

Project Name: Greenfield Super Thermal Power Project
8Project Cost: 15960 crores
8Project Description: The EPC contractor along with sub-contractor is carrying out the preparation of the compound boundary wall in the 1600 MW greenfield thermal power plant. Further bids are expected soon.
8Project Event: RFQ for supply, civil works, erection, and commissioning of the natural draft cooling tower is expected by the September 2018.
RFQ for the coal handling plant main package is expected by October 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: Jun/2018    
8Completion Date: 2022
Click here for more information
8Project Name: Hydroelectric Power Station Maintenance Project
8Project Cost: 8 crores
8Project Description: Owner has planned a 26-day scheduled annual overhaul in the 50 MW hydroelectric power station. The major scope of work includes overhauling of speed governors, replacement of bearing sets, seals, replacement of valves, pipes, cleaning of trashrack, replacement of runner blades of turbine due to damage caused by silts and debris, among others.
8Project Event: RFQ for required overhaul equipment is expected by the end of August 2018.
Click here for more information   Details

8Which are the major brownfield and greenfield refinery projects coming up in India from the perspective of a licensor or an EPC contractor? Click on Reports for more.
8There is a projection that Petronet LNG's share price is going to go up by 25%. Find out more on what is the real basis of this optimism. Click on Reports for more.
8RIL restarts Jamnagar PE complex after shutdown while it declares force majeure on gasoline exports because of trouble with its FCC units. Click on Reports for more.
8Iran has begun heavily discounting its crude supplies to purchasers such as India. The discount rate in relation to Saudi Arabain crude is the highest in the last one and half decades. Know more click on Report.
8What is the progress on IOC's latest capex round? Get an update on the company's projects here. Click on Reports for more.
8Marketing freedom on sale of gas in the North East may not turn out to be as much of a bonanza as the underlining subsidy now stands withdrawn. Know more click on Report for more.   Details

How attractive is the RIL-BP investment in the in the R-Cluster and MJ discovery?
8A lot will depend upon the price of gas relative to the cost of production
8And the price of gas will be pegged to the landed price of LNG
8Are banks and financial institutions willing to back these investments?
Click on Reports and Details for more   Details

How much money will RIL-BP combine invest in the R-Cluster and MJ discovery from their own pockets?
8It looks like the total investment will not be as high.
8The estimated own pocket investment will be only to the tune of around $2 billion  between mid-2018 and mid-2020.
8Find out why there is such a large divergence between total investment of $ 5 billion and investment from own pockets
Click on Reports for more   Details

The coming into effect of the IMO 2020 regulations should ideally mean that refiners must begin costly refining modifications like adding new coking capacities
8But why are they not doing so at a fast enough pace?
8This may well be because the price volatility that will be created from the IMO rule implementation is not expected to last long enough to make such investments viable.
8Markets are expected to rebalance in a couple of years, and this discourages significant capital investments in complex refining units, which have payback periods of at least two decades.
8Also, there seems to be enough room to process more crudes to meet the expected increases in demand for distillates for marine fuel use, but this does not address the problem of the residual oil glut arising from the introduction of the IMO regulation. Click on Report for more.    Details

Declining refinery margins after 2020 will be on account of an expected drop in prices of middle distillates as the market rebalances
8Unfortunately, the price of resid will not recover at a rate that can stabilize refinery margins, and thus, cannot cushion the effect of the rebalancing middle distillates prices.
8This is because the effect of price movements of the middle distillates outweighs the margin-boosting effect from slowly increasing resid prices.
Click on Reports for more   Details

The International Maritime Organization (IMO) has set a global limit for sulphur in fuel oil used to power ships at 0.5% (by mass) from the current 3.5% starting in January 2020.
8The regulations will require the removal of up to 12,000-16,000 tonnes per day of sulphur contained in the 3-4 million barrels/day of high sulphur bunker fuel used for marine transport.
8This change will propagate through the value chain; from the marine industry that will seek replacement fuels to refiners that produce bunker fuel, and to upstream oil producers who produce crudes that generate high sulphur residues used in bunkering.
8It is estimated that under different scenarios of compliance with 2020 regulations, refinery margin loss will be to the tune of $16/bbl to $20/bbl between 2020 and post-2025 relative to average 2017 margins.
Click on Reports for more   Details

2018:Phosphoric Acid Expansion Project       
8Cost - Rs 1100 Crore
8Project Event: Finalization of an EPCM contractor is due in September in place of Agust 2018. due to delay in the evaluation. Tender for equipment is likely to be released in October 2018.
Click here for more information  
Naptha to Natural Gas Feedstock Conversion Project     
8Cost - Rs 250 Crore
8Project Event: Thermax, J& K, and Furnace Engineering are in the race for supply cum erection of NG Preheater(D1153) and NG feed Preheat Coil(D1206).Evaluation is ongoing.
Click here for more information     Details

For reference purposes the website carries here the following tenders:
8Supply of Seamless Pipes Details
8Supply of MS EFW Pipes Details
8Supply and Installation of CW Pump discharge line butterfly valve spares Details
8Supply, erection and commissioning of vapour extraction system Details
8Supply of Instrumentation cable Tray & Accessories Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Government notifies incentives to oil PSUs in pre-NELP blocks Details
8Renewable energy to power 80% of metro rail operations, tenders floated Details
8Wind turbine maker Vestas launches share buy-back as Q2 profits beat forecasts Details
8Saudi Aramco, ADNOC can't export Ratnagiri refinery fuel without PSU's consent Details
8Crude oil falls on weaker economic outlook, U.S. crude stocks rise Details
8Slowdowns in China and India eat away at Asian crude oil demand Details
8Iran oil minister to attend JMMC meeting in Algeria in September- ISNA Details
8Chinese oil importers shy away from U.S. crude despite tariff reversal  Details
8Algeria signs gas supply deals with Spain, Italy's Eni -Sonatrach CEO Details
8Oil edges up as China, U.S. set for talks to resolve trade disputes Details
8Investor roadshow in US to draw interest in ONGC, Coal India Details
8US-China trade war could give India handle to trump Iran curbs Details
You can also click on Newsclips for more   Details

Cloak and dagger games continue to dog the contracting process in ONGC's $5 billion KG-DWN-98/2 development programme
8The L2 bidder for the SURF+SPS bidder has now moved a petition to ONGC, claiming that it should be the one who should actually be nominated as the L-1 contractor.
8Simultaneously, serious sabotage and espionage charges are being levied by one bidder against the other.
8The charges are flying thick and heavy in this high stakes game
For all this and more, click on Details here   Details

In another segment of the contracting process involving the KG-DWN-98/2 development, there was a  demand from competing bidders for a video tape on suspicion that there could have been some manipulation of bidding data
8But it is learnt that ONGC is refusing to part with the tape
Click on Details for more   Details

8Project Name: Pipeline Development
8Project Cost: Rs 230 crore.
8Project Description: The owner along with EPCM contractor is planing to hire an LSTK contractor for the construction of a gas gathering pipeline. The owner is also planing to carry out a hazard analysis of the pipeline installation. The project involves laying a of a 900 mm dia pipeline.
8Project Event New: RFQs are expected by October 2018.
RFQs for hiring services for hazop studies is expected by November 2018
8Expenditure Approval: Q4/2017
8RFQ Date: Oct/2018.
8Release Date: Dec/2018
8Date: Jun/2019
8Completion Date: Dec/2020
Click here for more details
8Project Name:  Oil Field Development
8Project Cost: Rs 200 crore
8Project Description: RFQs for wellhead installation facility for 6 well Exploration and Development drilling in the existing PML area are expected soon. Currently, the tender for drilling services is under processing. The price bids have not been opened till now.
8Project Event: RFQs for hiring wireline and cementing services is expected by November 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Nov/2018
8Release Date: Q1/2019
8Start Date: Oct/2019
8Completion Date: Oct/2021
Click here for more details   Details

8Project Name: Greenfield 3G Bio Ethanol Refinery Project
8Project Cost: Rs 700 crore
8Project Description: The owner along with the licensor is planning to construct a 3G ethanol plant indigenously to produce 66 KL fuel-grade ethanol per day, primarily from biomass, and it will use approximately 240 tons of biomass per day. RFQ for the BEDP services has already been out and the bidding process is going on.
8Project Event: RFQ for the PMC contractor is expected by October 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q4:2018
8Completion Date: Q3:2021
Click here for more details   Details

8Project Name: POL Terminal Expansion Project
8Project Cost: Rs 70 crore
8Project Description: Bharat Petroleum Corporation Limited (BPCL) is planning to expand its Ennore POL terminal from its existing capacity of 117035 Kilolitre to 157479 Kilolitre. Currently, the project is under assessment of the State Environment Impact Assessment Authority. The company has hired Ultra -Tech Environment Consultancy & Laboratory for pre-feasibility studies. A slight delay has occurred in environment clearance due to the wrong map recommendation for clearance in phase III expansion.
8Project Event: RFQ for the EPC contractor is expected by October instead of August 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q4:2018
8Completion Date: Q1:2020
Click here for more details   Details

Find out who is the surprise winner of ONGC's stimulation vessel contract
8What were the different rates quotes by these bidders
8What was the winning day rate?
8Which is the winning vessel?
8Why was there such a large variation in day rates
8An Indian flagged vessel was offered but why was the day rate pegged so high for it?
Click on Details for more   Details

For reference purposes the website carries here the following tenders:
8Procurement of Pneumatic tools for maintenance work Details
8Procurement of Clean Agent type Fire Extinguisher, Wheel Key Stype,Hose box, Rubber Suction hose for Ejector pump and Gate Valve Details
8Supply of MV & HV Cables Details
8Supply of Scaffolding Clamp swivel, Scaff. Pipe & Scaffolding Clamp fixed Details
8Annual rate contract for maintenance of Cathodic Protection & Mainline System Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8India’s first electric vehicles charging corridor announced by Magenta Power  Details
8Inflation cools to 9-month low of 4.17% in July, down from 4.9% in June Details
8Conducting study on using CNG-hydrogen mixed fuel: IOCL to SC Details
8Oil India Ltd first quarter net profit up 56 per cent at Rs 703 crore Details
8IOC says will invest Rs 20,000 crore in city gas projects in 5-8 years Details
8Oil prices edge up as Saudi cuts output, but looming demand slowdown drags Details
8BRIEF: China CNPC starts new gas field construction in Turkmenistan Details
8Venezuela gasoline prices should rise to international levels -Maduro Details
8Iran keen to participate in CPCL expansion, says IOC Chairman Sanjiv Singh Details
You can also click on Newsclips for more   Details

Project Name:  Thanjavur Oil Field Development
8Project Cost: Rs 1940 Crore
8Project Description: Oil And Natural Gas Corporation Limited's RFQs for the development drilling of 110 wells in Thanjavur District of Tamil Nadu are delayed on account of the ongoing protests going on against the programme. Recently a pipeline leakage case was reported in Thanjavur. The project also involves installation of an infield pipeline and a Central Processing facility having a capacity of 520 m3 per day. The block includes the fields of Adichapuram, Kizhvelur, Kanjirangudi, Palk Bay Shallow, Periyapattinam, Perungulam, Tiruvarur, Mattur, Nannilam, Narimanam, Adiyakkamangalam, Kuthalam, and Kali. The locations will now be drilled by the third party based electrical type rigs. An EIA Consultant has already been hired for the project. Further RFQs are expected shortly.
8Project Event: RFQ for the hiring of EPC contractor for pipeline installation is expected by September instead of August 2018. RFQ for hiring an EPC contractor for CPF installation is expected by September instead of August 2018. RFQ for hiring drilling services is expected by Q3 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Aug/2019
8Completion Date: Dec/2022
Click here for more details   Details

8Dabhol expansion: The breakwater facility for the expansion is now coming up and the contract is to be awarded soon. Click on Report  for more.
8Dhamra LNG terminal contract: Contracted tariffs will be higher than PLL Dahej tariff. The contract allows for 5% annual escalations. Click on Report   for more.
8Jagdishpur pipeline status: Find out how much of the capacity out of the total 16 mmscmd. Click on Report  for more.
8Demand for an OSV in Indian waters has come up, find out more has been tied up already. Click on Report  for more.   Details

GAIL has now confirmed that the Kochi-Koottanad-Bengaluru-Mangalore is going to be delayed beyond the December 2018 deadline
8What is the new deadline set by GAIL?
8But according our sources on the ground, the pipeline is going to be delayed well beyond what GAIL has set as the new deadline.
8This will have repercussions down the line on industries depending on gas supply from the pipeline.
Click on Reports   Details

City Gas Distribution (CGD) companies are showing a rapid increase in CNG sales driven by the rather artificial divide between low gas prices juxtaposed against market-driven competing fuel prices.
8The robustness in the growth of the CNG segment will be in doubt going forward as demand for gas increases with more CGD companies developing their footprints on the ground juxtaposed against declining production of cheap gas from ONGC and OIL's nomination fields.
8Piped natural gas volumes are only a fraction of CNG sales, and within this segment, the commercial and industrial sectors in which the price of gas is market determined is even smaller.
8As prices standardize, the CGD model will have to undergo a dramatic change.
8As new CGD owners emerge, it will be a big mistake if their business plans are going to be modeled along the lines of existing CGD players.
Click on Reports  for more   Details

Get a comparison of how gas volumes compare across major CGD players in India over the last few years
8Do they exude uniform growth rates overall CGD segments?
8If not, why not?
Click on Reports  for more   Details

GAIL expects 90 cargoes from US and eight from Gazprom in the current year.
8The economics look attractive, so the gas major is trying to place as many as 64 cargoes in India
8The first quarter saw the delivery of 20 cargoes out of its US commitment
8The gas major claims that of the of the 5.8MMT, it has tied up ~80% volumes for 2019 and 50% for 2020-21.
Click on Reports  for more   Details

The LNG vessel rate market recovery, which started in mid-2017, is continuing.
8The LNG shipping glut of previous years has been absorbed and the market rebalanced at the start of 2018.
8However, global LNG trade is expected to increase from new liquefaction projects, which will absorb the order book and leave the market tighter in 2018 and 2019 compared to recent years.
8Spot rates for the first half of 2018 were 63% higher year-on-year for conventional 160km3 TFDE tonnage, driven by a tightening shipping market and an increase in global LNG trade volumes.
8However there was a seasonal fall in rates towards the end of the first quarter as major LNG markets exited winter-peak demand period.
8Spot rates are expected to remain firm for the rest of the year.
8The website provides daily LNG vessel rates in its Price segment as well as daily FOB and CIF rates
Click on Reports  for more   Details

Is India back peddling on the Farzad-B block in Iran now that US sanctions are going to be in place?
8Sources said that India is not pushing the project all that much. "The ball, in any case, is in their court," says an OVL official, claiming that the Iranians are yet to act on the Indian offer
8Meanwhile, even the Chinese, which are heavily committed to invest in Iran, is fighting shy
Click on Reports  for more   Details

The rates are still to go up but there is an increase in rig tendering activity and a strong volume surge for subsea equipment and floating production units
8This corresponds with increasing sanctioning of new field developments, which whilst still at a low level, has picked up notably from levels seen in 2015, 2016 and 2017.
8There is increased activity in the PSV segment no doubt
8Also there is increasing M&A activity within the rig and OSV segments. OSV and subsea secondhand transactions are also on the rise.
8Even though these are positive signals that could indicate that offshore is about to recover in terms of activity, overcapacity in the asset-heavy segments remains significant.
Click on Reports  for more   Details

Total offshore rig demand seems to have bottomed early in 2017 and we expect demand to increase gradually throughout 2018.
8Today, the global offshore rig count (rigs on contract) stands at 441 units, marginally up from trough levels of around 425 units.
8Get an analysis of what is going on in this market and when it an uptick expected
Click on Reports  for more     Details

The market for offshore support vessels (OSVs) remains challenging, characterized by significant vessel overcapacity, low utilisation and day rates around the level of operating expenses for the vessel.
8The recovery in rates will not happen anytime soon
8It make take several years
Click on Reports  for more   Details

Project Name:Rayagada LPG Bottling Greenfield Project
8Project Cost: Rs 92 crore.
8Project Description: Hindustan Petroleum Corporation Limited is constructing a new LPG Bottling Plant of 60 TMTPA capacity with a 24 filling guns automatic electronic carousal with downstream facilities, LPG mounded bullet storage of 3 x 300 MT, and four truck unloading bays and other allied facilities at Rayagada in Odisha.
8Project Event New: The company has been hired PDIL as an EPCM contractor in July 2018. Engineering work is yet to start. Equipment RFQs are expected subsequently.
8RFQ Date: Oct/2018.
8Release Date: Oct/2018
8Date: Feb/2019
8Completion Date: Feb/2021
Click here for more details   Details

Ammonia-Urea Energy Saving Project        
8Cost - Rs 250 Crore
8Project Event: EOI has come out for process licensor and the last date for submission of the bid was 12 July, but no one has submitted the bid, so the bid submission date may be extended.
Click here for more information  
SSP Fertilizer Greenfield Project     
8Cost - Rs 90 Crore
8Project Event: RFQ for LSTK contractor has been re-released due to technical reason and the last date for submission of bid is 20 August 2018. The company has been also released the tender for a Civil Contractor.
Click here for more information   Details

Project Description: Mellbro Sugars Pvt Ltd is planning to add a 30 MW co-generation power plant in its greenfield white sugar mill at village Shirur in Bagalkot district of Karnataka. The project is awaiting environmental clearance. The major requirement will be a boiler (125 TPH), steam turbine, turbine generator, condenser, cooling water system, pumps, valves, control unit, cyclone dust collector (and wet scrubber), stack, ventilation system, among others.
Project Event: The project is awaiting capital approval following which the owner will release the RFQ for an EPC contractor and the process will take a minimum 3 to 4 months.
8Expenditure Approval: Sept/ 2018
8RFQ Date: Oct /2018.
8Release Date: Oct/2019
8Start Date: March/2019
8Completion Date: Dec/2020
Click here for more information   Details

GAIL expects 90 cargoes from US and eight from Gazprom in the current year.
8The economics look attractive, so the gas major is trying to place as many as 64 cargoes in India
8The first quarter saw the delivery of 20 cargoes out of its US commitment
8The gas major claims that of the of the 5.8MMT, it has tied up ~80% volumes for 2019 and 50% for 2020-21.
Click on Reports for more   Details

8Project Name:  Brownfield Thermal Power Project
8Project Cost: 9250 crores
8Project Description: Owner along with an EPC contractor is carrying out the erection activities of a brownfield 660 MW thermal power project. A separate bid of an EPC contract for development of an FGD is expected soon.
8Project Event: RFQ for design, engineering, supply, installation, construction and commissioning of an FGD (flue gas desulphurization unit) is expected by the Q4 2018.
8Expenditure Approval: 2012
8RFQ Date: Q4:2018
8Release Date: Q4:2018
8Start Date: May/2013    
8Completion Date: Mar/2019
Click here for more information
8Project Name: Thermal Power Plant - O&M Contract
8Project Cost: 2.5 crores
8Project Description: Promoter is getting delayed in preparing the notice inviting tender document for an O&M contract for electrical equipment in the 3000 MW thermal power complex. Further bid is expected soon.
8Project Event: RFQ for O&M of electrical equipment is expected by September 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: Q1:2019    
8Completion Date: Q1:2021
Click here for more information   Details

The power sector is struggling to cope with the shortage of low-priced domestic gas as the bulk of it now diverted to CGD companies.
8NTPC recently lost out on securing 2 mmscmd of new ONGC domestic gas because consumers were unwilling to give a go-ahead for a deal.
8The gas could have been available for five years at around $5.05/mmbtu, with a ceiling price of $6.78/mmbtu
8This was a deal lost at power could have been available at between Rs 5.21 to Rs 5.47/kwh.
Click on Details and Reports  for more   Details

Power utilities which buy power for NTPC's gas based power stations have now realized that it will be prudent to keep some RLNG supplies available to take care of a times when demand for power surges ahead.
8Gas generation units are capable of quick ramp-up when there is an urgent demand for power during peak season.
8NTPC is now working out a long term LNG deal with a gas supplier as liquid fuel priced electricity has become frighteningly expensive.
Find out the details of the deal in terms of:
8ACQ quantity
8Flexible gas supply timing
8Flexibility in daily supply quantity
8Annual TOP quantity
8More such flexible deals will be the norm going ahead, as the gas market begins to get more competitive from 2020 onwards when large supplies of KG Basin gas will come in from discoveries developed by ONGC and RIL-BP
Click on Details and Reports  for more   Details

3 incidents of oil spills reported in India since 2014.
8What kind of infrastructure is in place?
8Is it enough to handle a major spill?
Click on Details for more   Details

For reference purposes the website carries here the following tenders:

8Tender for GIS Survey and Digitization of Pipeline route Details
8Supply, installation and commissioning of 02 Nos. of Multi Zone Door Frame Metal Detector Systems Details
8Tender for Transportation of Bulk POL products MS /HSD and Branded fuels by Road Details
8Supply of ZDDP based performance additive package either HiTec 521 (ST 4529) or LZ 5703 (ST 4542) Details
8Tender for Piping works for LPG, Firewater network and Air Pipeline works Details
8Supply of Barricading Tape Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Ninth CGD Bidding Round: Adani Gas, Bharat Gas and Indian Oil lead the race Details
8Crude oil prices edge up on Iran sanctions, but trade tensions drag Details
8BPCL gets green nod for Rs 747 crore ethanol project in Odisha Details
8Australia's energy stocks rise on strength in global crude oil prices Details
8Weather alarms highlight need to accelerate low-carbon economy Details
8Kerala GAIL Gas Ltd likely to be wound up Details
You can also click on Newsclips for more

 Ammonia-Urea Brownfield Project        
8Cost - Rs 6000 Crore
8Project Event: The engineering study has not started yet, The purchase of the long lead item is ongoing. Construction is likely to be started in February 2019.
Click here for more information  
Ammonia-Urea Energy Saving Project     
8Cost - Rs 250 Crore
8Project Event: RFQ for the EPC contractor is likely to be released soon, The company is still awaiting capital approval.
Click here for more information    Details

8The gas compression business is expected to grow exponentially till 2021, according to players in the industry. Click on Report  for more.
8Find out how innovation is increasingly democratizing electricity supply. Click on Report  for more.
8Know more about how climate change is impacting the hydro-power industry. Click on Report  for more.
8ONGC plans to hire a consultant to check out various business models for Production Enhancement Contracts.  Click on Report  for more.
8Chandra Shipping: Rating downgrade on constrained by negative profit margins, negative interest coverage ratio, inherent risk in the way the firm is constituted and highly competitive nature of industry. Click on Report  for more.
8Crude and gas production are dramatically below target in July.  Click on Report  for more.
8The domestic purchase preference policy will continue for one more year.  Click on Report  for more.
8Get the full list of new CGD allotters here.  Click on Report  for more.   Details

For reference purposes the website carries here the following tenders: 
8Tender for GIS Survey and Digitization of Pipeline route Details
8Supply, installation and commissioning of 02 Nos. of Multi Zone Door Frame Metal Detector Systems Details
8Tender for Transportation of Bulk POL products MS /HSD and Branded fuels by Road Details
8Supply of ZDDP based performance additive package either HiTec 521 (ST 4529) or LZ 5703 (ST 4542) Details
8Tender for Piping works for LPG, Firewater network and Air Pipeline works Details
8Supply of Barricading Tape Details
You can also click on Tenders for more   Details

The government's decision to allocate 110% of the gas quantity needed for CNG and PNG through artificially low priced domestic gas is causing a demand distortion of unprecedented proportion.
8As domestic gas price has remained stagnant, the price of competing liquid fuels such diesel and petrol have flared up as subsidies have been removed on the latter.
8The price differential as of now is as high as 68%, causing the market to become distorted
8The differentials between competing fuels have thus become artificially wide
8As increasingly less polluting BS-VI soot less fuel is supplied to the market, the government will need to rethink the policy of 110% allocation of cheap domestic gas to the CNG, if not the PNG segment.
8As renewable energy infusion goes up, the power sector may need to be bailed out too with some low priced gas
Click on Reports  for more on these differentials.   Details

2018 has been a horrible year for product tanker owners, with sale and leasebacks being necessary for many to provide a financial bridge to better times.
8Many are pinning their hopes on 2020; which, as we have written in the past is expected to be supportive for product tankers.
8However, many are also hoping that new refinery developments will offer a further boost to tonne mile demand, similar to what was seen from 2014-2016.
Click on Reports  for more   Details

The Modi government's choice of independent directors for oil companies is different from that of earlier governments.
8The selection of such directors, which is entirely in the hands of the ruling government, has always defied logic.
8More so now, during the tenure of the current government
8Find our more on four such directors -- two retired IAS officers, one Jaipur-based chartered accountant and a rating agency head -- being appointed to the board of Indian Oil Corporation.
Click on Reports  for more   Details

Differing peak demand for oil scenarios has complicated the investment outlook for long-cycle E&P projects
8Instead the emphasis seems to be towards short term solutions
8Find out what are these varying estimates for oil demand
8Know more about how this is impacting investments
Click on Reports  for more   Details

Land acquisition has become an increasingly complicated job for oil & gas companies
8All sort of measures have been tried out
8Special land acquisition companies have been hired to smoothen the process and soothe frayed nerves of protesting landowners but with limited success
8One oil company is now trying a novel approach
Click on Reports  to know more   Details

Petcoke continues to dominate the import of POL products in India
8Total POL imports increased by 5.5% during April-June 2018 as compared to April-June 2017.
8In this, the import of LPG and pet coke accounted for 70% share of total petroleum product imports while LPG alone accounted for 36.1% of total POL imports.
8Petcoke imports, with a percentage share of 33.9% of total POL imports, were mainly done by cement and steel industries as it is a cheap substitute of coal.
Click on Reports  for more   Details

The research done by IOC R&D Centre on use of hydrogen in the transportation sector in India has become recognized worldwide
8Current Indian cost of production of hydrogen using naphtha fuel from Panipat refinery is US$ 4-5/kg, but delivered cost (with all infrastructure) is expected to be in the range of US$ 12/kg.
8Incidentally, this is comparable to current global costs, which range from US$ 14 in US; US$12 in Europe and US$8 in Japan.
8At this cost, hydrogen is not competitive with conventional fuels (1 kg of hydrogen is equal to roughly 3.8 litres of petrol.
8But fuel-cell technology is much more energy efficient than combustion engine using conventional fossil fuels (Roughly you get 14 km/kg in fuel cell against 8 km/litre in conventional).
8So, it is possible that this advantage, combined with economies of scale will bring costs down in the near future.
8The focus has now shifted to H-CNG, with IOC setting up a natural gas compact reformer for H-CNG production (H-compactor) at its facility in Faridabad.
8The comparison with BS VI norms also shows that H-CNG will improve the performance of CNG in all respects. The fuel cost is estimated to increase by Rs 0.75/km compared to ‘neat’ CNG.
8The estimates are that to fuel 5,500 buses (current fleet) it would require some 400 tonnes of H-CNG per day.
8As it is important to set up infrastructure to dispense H-CNG in different locations it would require 4 plants of 100 tonnes per day.
8The capital cost of these 4 H-Compactor plants is estimated to be Rs 330 crore. The fuel cost is estimated to increase by Rs 0.75/km compared to ‘neat’ CNG.
8Now all of this can be a reality if a court-induced order for use of H-CNG can be procured
Click on Reports  for more   Details

Astute management has seen Great Eastern Shipping Co. Ltd looking at a comfortable utilization rate of its offshore fleet. For now.
8There is a 100% coverage for jackup rigs going ahead
 Find out how the company's utilization rates are going to behave, including two segments where the going is not good enough, for the rest of the offshore fleet, made up of:
8Platform Supply Vessels
8Anchor handling Tug Cum Supply Vessels
8Multipurpose Platform Supply & Support Vessels
8ROV Support Vessels
Click on Reports  for more   Details

8Project Name: Slug Catcher Unit Modification
8Project Cost: Rs 240 crore.
8Project Description: ONGC along with its EPCM contractor Engineers India (EIL) is planning the replacement and augmentation of slug catchers at its Uran Gas Processing Plant. At present, ONGC has 2 slug catchers -- dubbed Phase-I and Phase-II -- with a gas processing capacity of 8 MMSCMD and 5.2 MMSCMD respectively. ONGC plans to increase the overall handling capacity of existing NACE Phase III slug catcher by adding additional fingers to handle a total of 6.0 MMSCMD of gas and 2500 m3/day of condensate. Furthermore, after this ONGC plans to replace the Phase - II slug catcher with a new NACE compliant slug catcher of 6.5 MMSCMD of gas and 4500 m3/day condensate capacity.
8Project Event New: RFQs are coming up ahead
8Expenditure Approval: Q1/2018
8RFQ Date: Dec/2018.
8Release Date: Q1/2019
8Date: Q2/2019
8Completion Date: Q2/2020
Click here for more details for key contacts and other details   Details

8Project Name:  Oil Field Development
8Project Cost: Rs 150 crore
8Project Description: Ramayana Ispat Pvt. Ltd's RFQs for hiring integrated drilling services for the development of the Barsilla block are out The company does not have any prior experience in the oil & gas sector. The block AA/ONDSF/BARSILLA/2016 was awarded to the company under the Discovered Small Fields Round 2016. The company, however, does not have any experience in the oil & gas sector. The TOR for the project has now been granted. However, the application for the forest clearance has not been submitted till now. The project involves development drilling of oil wells and laying of an infield pipeline to connect with the nearest OIL's production facility (GGS). Production from the block is expected to start by the end of 2021. Further RFQs for hiring an EPC contractor for gathering pipeline are expected shortly.
8Project Event: RFQs for hiring an EPC contractor for pipeline installation is expected by Q1 2019.
8Expenditure Approval: Q4/2017
8RFQ Date: Q1/2019
8Release Date: Q1/2019
8Start Date: Q3/2019
8Completion Date: Q1/2021
Click here for more details for key contacts and more   Details

8Project Name: Mathura Refinery Greenfield Bulk Import Of Grid Power Project
8Project Cost: Rs 256 crore
8Project Description: Indian Oil Corporation Limited is planning to develop the bulk import of grid power at 220 KV in its existing Mathura refinery. The project is divided into two parts Outside Battery Limit (OSBL) work and Inside Battery Limit (ISBL) work. Earlier the load demand was 45 MW but was revised to 72 MW. MN Dastur was appointed as EPCM contractor for the ISBL work in the month of May 2018, and currently, basic engineering and detailed engineering work are in progress.
8Project Event: RFQ for the EPCM contractor for the OSBL work is expected October 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q2:2018
8Completion Date: Aug/2020
Click here for more details for project details and key contacts   Details

8Project Name: Khordha Greenfield LPG Bottling Plant Project
8Project Cost: Rs 161 crore
8Project Description: Indian Oil Corporation Limited along with the EPCM contractor Shree Malani Foams Private Limited is planning to install an LPG bottling plant by installing 3X600MT mounded storage bullets for storage of LPG with a bottling capacity of 60 TMTPA. RFQ for the long lead items and mounded storage vessel work is already out. Currently, electrical and instrumentation work is going on. Investment of Rs 35 crores has been already done.
8Project Event: RFQ for the mechanical piping and firefighting work is expected by September 2018.
RFQ for the Carousel site and erection work is expected by October 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q3:2017
8Completion Date: Q4:2019
Click here for more details for key contacts   Details

8Project Name: Baitalpur Greenfield POL Terminal Project
8Project Cost: Rs 380 crore
8Project Description: Indian Oil Corporation Limited has hired PDIL as an EPCM contractor to revamp its existing POL terminal from 29996KL to 102130KL at Baitalpur depot, Deoria, Uttar Pradesh. L&T is prioritized as an AMC contractor for which RFQ is already out. RFQ for the centrifugal pump is already out and the bidding process is going on.
 Major equipment to be required are: Mounded storage vessel, Centrifugal pump, Centrifugal compressor, valves, Flanges, Lube oil pump compressors, Water Condensate, Discharge Pump, Lube oil charging pumps, Diesel pumps, Air compressors, Filters, Trays, Splitters, Separators, Strippers.
8Project Event: RFQ for the listed equipment is expected by September 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q2:2018
 8Completion Date: Q3:2021
 Click here for more details   Details

8Project Name: Hydroelectric Power Plant - RM&LE Project
8Project Cost: 340 crores
8Project Description: Owner is planning the renovation, modernization and life extension of the existing 200 MW hydroelectric plant. Tenders will be invited through the National Competitive Bidding (NCB) route. The scope of work includes refurbishment of the turbine, replacement of runner blades, the supply of new guide vanes, major overhauling of EOT cranes, replacement of trash rack, replacement of generator's stator and rotor windings, civil works of surge shaft, powerhouse and dam. Further bids are expected soon.
8Project Event: RFQ for renovation. modernization and life extension works are expected by the Q4 2018.
8Expenditure Approval: Q1:2019
8RFQ Date: Q4:2018
8Release Date: Q4:2018
8Start Date: 2020   
8Completion Date: 2022
Click here for more information
8Project Name: Thermal Power Plant Expansion Project
8Project Cost: 6264 crores
8Project Description: Promoter is carrying out the trial run operation activities for commercial generation of power in a 660 MW super-critical plant in its existing thermal power complex. Further bids are expected soon.
8Project Event: RFQ for material handling and transportation of long lead FGD equipment to the site is expected by September 2018.
RFQ for piling, foundations, civil, structural, and architectural works of an FGD is expected by September 2018.
8Expenditure Approval: 2014
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: 2014   
8Completion Date: Q4:2018
Click here for more information
8A forced overhauling works are upcoming in a 1000 MW thermal power station in Chhattisgarh: Find out the RFQs
Click on details   Details

The next round of Discovered Small Fields is getting launched
8Is there going to be an enthusiastic response?
Click on Reports  for the the Model Revenue Sharing Contract and the Notice Inviting Offers here   Details

Indian Oil Corporation is today involved in a massive expansion spree, unprecedented in its history
8The scope and ambition is unprecedented
8And it is not just the $60 million Ratnagiri expansion
8Its pipeline, gas and petrochemical footprint is sought to raised in a big way.
8IOCL plans to either integrate all 9 refineries across India (11 including CPCL) with petrochemicals or increase their Nelson complexity.
8Our project monitoring software will break down this massive expansion into a granular format for our readers
Click on Reports  for more   Details

8Energy storage is big business now
8And there are all kinds of opportunities
Among them are:
8Integrating renewable energy with distribution and transmission grids;
8Setting rural micro grids with diversified loads or stand-alone systems; and
8Developing storage component of electric mobility plans.
Click on Reports  for a report that provides a very exhaustive look at this emerging new opportunity   Details

The fertilizer industry is of some interest to the Indian oil & gas industry
8This is because there are big guzzlers of gas. And each standard ammonia-urea unit can consume around 2.4 mmscmd of gas, equivalent to what a large CGD entity will consume.
8A clutch of new fertilizer units, powered by public sector investments, is meant to be coming up, some are still in the capital approval stage
8The private sector has stayed away from this investment spree because they are skeptical of government support -- the industry is entirely dependent on subsidy doles -- to these high cost new units.
8Only one private unit has taken the bait and is going to get into production mode in early 2019
8The risk is high, as each investment is worth Rs 6000 crore
8What does the future look like for this unit, squeezed between a highly regulated regime and an import lobby that hangs the threat of selling cheaper urea in India than the price at which it is manufactured domestically?
Click on Reports  for more. Also, our sister site, www.indianfertilizer.com, has listed all fertilizer projects into a completely granular format, right down to the unit level. Get in touch with our marketing department for more information.    Details

8A June-on-June global comparison shows India's LNG demand growing though it is going through a seasonal trough at this point
8Meanwhile a shoulder period LNG spot pricing chart indicates a quickly tightening of the LNG market
8Six US LNG plants are heading towards commercial start-ups, but they are spread out very thinly right across to 2026
8Get a full understanding of how EPC costs are spread across different LNG terminals
8There is currently a big drought of new investments in the LNG sector, see the figures here
Click on Reports  for more   Details

 The costs of offshore wind projects commissioned in 201617 vary widely, but on average are 150% higher than onshore wind and more than 50% higher than utility-scale solar photovoltaic (PV) projects. 
8However, the results of recent auctions in Europe suggests a step change in costs for some new projects scheduled to enter into operation in the early 2020s; these include some bids that did not require any price guarantees at all, albeit at favourable conditions with the cost of grid connection taken by the transmission system operator. 
8Such a dramatic improvement in costs, if realised in practice, would provide a powerful stimulus for policy support and investment elsewhere in the world. 
8For projects commissioned in 2016, the global average LCOE of offshore wind was 150% higher than that of onshore wind and more than 50% higher than that of utility-scale solar PV. The website also carries here a projection of cost of offshore wind energy projects where technological advances and huge economies of scale plug the gap with onshore renewable power over time. 
8Know more about the massive Chinese push towards offshore wind energy projects and  efforts made by India so far.
Click on Reports  for more      Details

 A study has shown that offshore areas in Gujarat can optimally produce twice the annual energy demand of the entire country
8Shallow areas on the coast in water depth of 30m depth itself has a massive potential of around 130 TWh per year
8This is feasible with current technology. 
8Find out more on these assumptions
8Is it time for Indian oil & gas companies to look at offshore wind more seriously then it has done in the past
Click on Report  for more  Details   Details

Offshore wind could be the next big thing in India.
8And a large element of the offshore oil & gas industry, particularly relating to marine spreads can find itself gainfully employed in the process
8The investments are expected to be big, if the economics work out to be good
8The Indian government is pushing the case for offshore wind, with a first 1000 MW tender.
8A time has come for Indian offshore E&P marine companies to begin talking to stakeholders
8There is a also a large choice of companies from across the world to get in touch with, as they all start working out the cost economics of putting up these gigantic projects
8And offshore wind really takes off, it will be relief, as marine companies will no longer be dependent on the vagaries of the E&P industry
Click on Reports  for a list of offshore wind companies to speak to   Details

The city gas distribution business may have elicited a good response from big players
8But ground realities are are going to be tough
8If subsidized gas is not supplied to the CGD players, a large segment of its business comes under strain. Eventually low priced gas will run out of the system.
8As liquid fuel quality improves or electric cars take over, the case for CNG will weaken considerably.
8The industrial segment is extremely price sensitive and it is always a battle for market share with competing liquid fuels
8In this context, only a certain set of companies seems keen to get into the CGD segment.
8Reliance has stayed out, not just of CGD but also from the exploration rounds. Clearly it does not see enough traction. Shell's partial disinvestment in MGL means that the glass can be either half full or half empty, depending upon the perspective.
8Pertinently however, gas suppliers will be left depending upon the CGD segment to boost demand as power and fertilizer companies will be unable to do so
Click on Reports  for more   Details

8Project Name: Refinery Greenfield BS-VI Project
8Project Cost: Rs 200 crore
8Project Description: The EPCM contractor has been hired to revamp its existing DHDT unit to increase its capacity along with a new sulphur recovery unit. A new FCC gasoline desulphurisation unit is coming up too. All the long lead items and short lead items are to be delivered on site by end of August 2018. Approved for Constriction (AFC) drawing for DHDT and sulphur recovery unit has already been completed and the piling work is almost completed.
8Project Event: RFQ for the piping work in the refinery is expected by October 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q1:2017
8Completion Date: Q4:2019
Click here for more details
8Project Name: LPG Terminal Expansion Project
8Project Cost: Rs 700 crore
8Project Description: PDIL as an EPCM contractor to expand its Paradip LPG terminal from 1800 MT to 40000 MT at Jagatsinghpur, Odisha. RFQ for the BQ steel plates and HT/OFC cables are already out and expected to deliver on site by September 2018. The selection process for marine unloading arm is on and the award is in August 2018.
8Project Event: RFQ for the LPG pump is expected by September 2018.
 RFQ for the terminal civil work is expected by October 2018.
8Expenditure Approval: Q4:2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q4:2018
8Completion Date: Oct/2020
Click here for more details
8Project Name: Greenfield LPG Bottling Plant
8Project Cost: Rs 155 crore
8Project Event: RFQ for the equipment is expected by October 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q4:2018
8Completion Date: Q3:2020
Click here for more details   Details

8Project Name: Terminal Cum LPG Bottling Plant Expansion Project
8Project Cost: Rs 500 crore
8Project Description: The owner along with EPCMC contractor is expanding its POL terminal from 76216 KL to 115575 KL while also constructing a new LPG bottling plant of 3600 MT (3X1200 MT). FEED work is going on.
8Project Event: RFQ for the initial Petroleum and Explosives Safety Organisation (PESO) approval is expected by September 2018.
RFQ for the fabrication of MSV (Multipurpose Support Vessel) & FWT (freshwater transport) is expected by October 2018.
RFQ for the plant building work is expected by mid-October 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q1:2019
8Completion Date: Q1:2021
Click here for more details
8Project Name: Gas Pipeline Expansion
8Project Cost: Rs 5159 crore
8Project Description: A slight delay has occurred in the selection of DFR consultant.
Major equipments required are: Mainline pipes, Welding machines, Dozers, Scrappers, Pavers, Pumps, Generators, Compressors, Jack Hammers, Piledrivers, Buried Pipelines, Isolation Valves (Manually, Remotely, Automatically Operated), Relief Valves (Thermal or other types), Pipe bridges or other supports, Control Systems, Leak Detection System, Pig launcher and receivers, Motors, Transformers, Bulldozers, Cranes, Control valves, Filters.
8Project Event: RFQ for the geological survey is expected by September instead of August 2018.
RFQ for the FEED Development is expected by November 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q1:2019
8Completion Date: Q1:2021
Click here for more details
8Requirement of heat treatment maintenance services in a refinery: Find out more
Click on Details for more   Details

Among the big companies interested in offshore wind are:
8Shell
8Saipem
8PNE Wind AG
8Northland Power
8Innogy Renewable
8The list can get even bigger as it has now been stipulated that non-participation in EOI meetings will not disqualify anyone from participating in a tender. Maybe oil companies such as ONGC and RIL can look up the offshore wind business, as there is a lot of commonality between offshore oil and wind business
Comment: It is early days yet but it will be a relief for Indian offshore marine vessel supply industry to deal with an enthusiastic new set of companies instead of the same faces in the Indian offshore E&P industry. If the suffocating buyers' monopoly in the offshore E&P industry can be broken by offshore wind projects, and there can be quite a few that can come up, it will give the biggest fillip to the offshore marine industry in India   Details

The ruling has upset the E&P major
8It is appealing against it
Click on Details and Reports for more
     Details

8Project Name: Drilling Field Development
8Project Cost: Rs 150 crore.
8Project Event New: RFQ for the hiring of equipment and oilfield chemicals is expected by October 2018.
8Expenditure Approval: Q3/2016
8RFQ Date: Oct/2018.
8Release Date: Q4/2018
8Date: Nov/2019
8Completion Date: Dec/2020
Click here for more details
8Project Name:  Oil Field Development
8Project Cost: Rs 200 crore
8Project Description: A privatre owner with no previous experience has to begin development drilling of 12 wells and laying of an infield pipeline to connect with the nearest GGS.
8Project Event: RFQs for hiring an EPC contractor for pipeline installation is expected first by Q1 2019.
8Expenditure Approval: Q4/2017
8RFQ Date: Dec/2018
8Release Date: Oct/2019
8Start Date: Q2/2019
8Completion Date: Q4/2021
Click here for more details
8Project Name: Drilling Field Development
8Project Cost: Rs 150 crore.
8Project Description New: A 10 well development drilling programme is expected soon.The equipment required for this project includes Drilling Rigs, Drilling Pipes, Casing Pipes, Drill Bits, Directional Drilling services, Cementing services and Mud engineering services. Further RFQs are expected shortly.
8Project Event New: RFQ for the hiring of Drilling services is expected by October 2018.
RFQ for the hiring of equipment and oilfield chemicals is expected by December 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Oct/2018.
8Release Date: Dec/2018
8Date: Feb/2020
8Completion Date: Dec/2020
Click here for more details
8Project Name:  Oil Field Development
8Project Cost: Rs 200 crore
8Project Event: RFQ for the hiring of equipment and oilfield chemicals is expected by November 2018.
8Expenditure Approval: Q2/2016
8RFQ Date: Nov/2018
8Release Date: Dec/2018
8Start Date: Dec/2019
8Completion Date: Dec/2021
Click here for more details   Details

For reference purposes the website carries here the following tenders:
8Supply of Pipe Fittings for Cooling Coil for 27 Refinery Vessels Details
8AMC for Cathodic Protection system installed in process plants and Terminal Pipeline of refinery Details
8Supply of underground cables and pipeline locators Details
8Supply of Liquid Nitrogen in refinery Details
8Spares for online speed and vibration monitoring system Details
8Hiring of Services for Engineering and Project Management Consultancy services for construction of Water Injection Station in OIL’s operational area Details
8Supply and Service of White Oil Terminal Automation System Details
8Corrigendum: Supply of Online 1200 SCMH Engine Driven CNG Compressor Package Details
8Corrigendum: Procurement of MDPE Tools Details
8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Najibabad Details
8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Roorkee IRD Details
8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Haldwani IRD Details
8Packed LPG Transportation Contract for Haldwani and Bahedi District in Bareilly Details
8Rate contract for supply of HSD Lubricity Additive for 2 years Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8L&T Hydrocarbon Engineering bags Rs 1,483 crore order from ONGC Details
8GE’s Baker Hughes wins contract for oilfield development at Cairn’s Rajasthan fields Details
8Russia's Novatek says half of Arctic LNG-2 gas to be pre-sold Details
8EU urges US to cut red tape on liquefied natural gas exports Details
8Ukraine accumulates 13.2 bcm of gas as of 7 August Details
8Russia's Novatek starts Yamal's second LNG train, sends condensate to Middle East Details
8India offers Rs 1 lakh crore of oil, gas resources in DSF-II round Details
8India launches second auction of small discovered oil & gas blocks Details
8How US-China trade war may bring cheaper oil to Indian shores Details
8Market Speaks: EIA expects Henry Hub Natural Gas spot prices to average $2.96 in 2018 Details
8Buoyed by new policy, Essar to invest Rs 70 bn to explore shale in Ranigunj Details
8Gujarat: Oil Corporations contributed Rs 3,000 crore for the Statue of Unity Details
8India must put special premium on good policy, says IMF’s Bauer Details
8Petrol sale on hold at pump Details
8In India's economic pick-up, who's leading the pack and who's losing out? Details
8Automobiles, oil and gas top sectors fueling India’s world-beating growth, banking biggest laggard Details
8Reliance seeks petcoke from Indian Oil, HPCL, BPCL for $5 billion gasifiers Details
8Oil mixed as Iran sanctions seen tightening market, trade spat weighs on trade Details
8ONGC is the promoter of HPCL: Oil minister Dharmendra Pradhan Details
You can also click on Newsclips for more   Details

Project Name: Thermal Power Station - FGD Addition
8Project Cost: 440 crores
8Project Description: Owner is preparing a feasibility report for installation of a flue gas desulphurisation unit in the 500 MW thermal power plant. Further bids are expected soon.
8Project Event: RFQ for design, supply, installation, and commissioning of an FGD unit is expected by the September 2018.
8Expenditure Approval: Q4:2017
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: 2020    
8Completion Date: 2022
Click here for more information
8Project Name: Greenfield Hydroelectric Project
8Project Cost: 1864 crores
8Project Description: Owner's 150 MW greenfield hydropower station DPR report is under examination at CEA. A bid for civil works is expected soon.
8Project Event: RFQ for civil works is expected to be out in the Q4 2018, instead of Q3 2018.
8Expenditure Approval: Q1:2019
8RFQ Date: Q4:2018
8Release Date: Q4:2018
8Start Date: Q1:2020    
8Completion Date: Q2:2025
Click here for more information
8R&M works of the air preheater (APH) in a 450 MW thermal power station in Chhattisgarh: Find out the RFQs
Click on details   Details

For reference purposes the website carries here the following tenders:
8Supply of Natural Gas/ RLNG for Non-Urea Activity Details
8Supply of Oil and Water Dump Valves Details
8Supply of Sulphuric Acid in tankers Details
8Providing logistics arrangement for calibration of Ultrasonic Flow Meters Details
8Supply of Magnetostrictive Linear Position Transmitters at refinery Details
8Rate Contract for Gas Detectors Details
8Supply of Caustic Lye at refinery Details
8Supply of Pressure Safety Valves in refinery Details
8Supply of the Shell and Tube Heat Exchangers Details
8Procurement of Pressure Reduction Skids Details
8Procurement of Piping Material for Fabrication and Erection of Piping Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Delhi pollution: 17 lakh respiratory infections, 981 deaths in 5 years Details
8Indian Oil buys US crude to part replace Iran cargoes Details
8PetroChina, Qatar holding advanced talks on LNG supply deals: Sources Details
8Amritsar: CNG set to help reduce pollution level in holy city Details
8India to launch second discovered oil, gas fields auction on Thursday Details
8HPCL first quarter net profit up 86 per cent at Rs 1,719 crore Details
8China state firms to expand domestic oil, gas exploration after Xi's call Details
8CNOOC expands Hainan LNG terminal to boost gas sales to trailers Details
8BPCL Mumbai refinery fire leaves at least 30 injured Details
8Mahul's 80% villagers face health issues from nearby oil refineries, chemical plants Details
8Lured by higher oil prices, U.S. shale producers boost capital expenditure Details
8Glencore says Rosneft deal to close in H2, loses No.2 oil trader spot Details
8Trade tensions torpedo oil, U.S. sanctions hammer Russian rouble Details
8India's energy deficit down to 1% in four years: NITI Aayog Details
8Government to wheel in a new industrial policy soon Details
8OPINION: Lessons from soggy oil & gas auctions Details
8Burning Mumbai refinery unit has 72 tons of fuel Details
You can also click on Newsclips for more   Details

Project Name: Greenfield Thermal Power Project
8Project Cost: 25440 crores
8Project Description: The EPC contractor is carrying out the demolition activities for replacement of the old units with a new 1980 MW super-critical thermal complex. Further bids are expected soon.
8Project Event: RFQ for stacker and reclaimer machine package along with wagon tippler, side arm charger, and apron feeder package is expected by September 2018.
8Expenditure Approval: Nov/2017
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: Q1:2019    
8Completion Date: Q4:2023
Click here for more information
8Project Name: Thermal Power Plant - Long Term Maintenance Contract
8Project Cost: 5.2 crores
8Project Description: Promoter is evaluating bids for the long-term maintenance contract (LTC) of the water treatment plant and fire protection system. The owner is also planning to come out with an LTC of an ash handling plant soon. 
8Project Event: RFQ for a long-term maintenance contract for an ash handling plant is expected by September 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: Q1:2019    
8Completion Date: Q1:2022
Click here for more information
8Project Name:  Hydroelectric Plant Maintenance Project
8Project Cost: 8 crores
8Project Description: Owner has planned an 80-day scheduled annual overhaul in the 720 MW hydroelectric power station. The major scope of work includes overhauling of speed governors, replacement of bearing sets, seals, replacement of valves, pipes, cleaning of trashrack, replacement of runner blades of turbine due to damage caused by silts and debris, among others.
8Project Event: RFQ for required overhaul equipment is expected by September 2018.
Click here for more information   Details

8Project Name: Greenfield 2G Bio-Refinery
8Project Cost: Rs 600 crore
8Latest developments: The land acquisition process is almost completed and work is going on. A tender for the LSTK contractor is out but a slight delay is expected in the selection due to some internal issues and delay in environment clearance. BEDP work has been completed by the licensor and the FEED work is in the final stage of completion.
8Project Event: More RFQs are coming up
8Expenditure Approval: Q1:2017
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q1:2019
8Completion Date: Q1:2021
Click here for more details for key contacts and other details   Details

8Iran's oil exports begin to decline even as India and China continue to be the besieged country's largest buyers. In the face of US sanctions, what is the road ahead from here? Find out more on how other buyers are paring down imports. South Korea, for example, has brought down imports to nil. Are limited waivers from sanctions to importers likely? Click on Report  for more
8Bangladesh's first FRSU is now ready to be commissioned. Click on Report  for more
8Hazira-Ankleshwar gas pipeline: Cost increases questioned. Click on Report  for more
8India's energy demand will eventually move global markets. Find out how two different models can be at play here. Click on Report  for more.   Details

A prefeasibility study was conducted to build a water channel from the Arabian sea deep into Rajasthan
8The channel is meant to link the Rann of Kutch to Rajasthan at Bhakasar in Barmer district, a distance of about 300 kms.
8Of importance is that oil and gas have been discovered in Barmer by Cairn India in partnership with ONGC. Further discoveries of oil and natural gas are imminent too.
8The carriage of oil and even gas through the channel to Kandla, fo example, will be 25% cheaper than road, the argument goes. A lot of other good and commodities can ply the waterway as well.
8There has been no headway in building the channel so far but adherents continue to push hard for it, claiming that there will be many benefits from the channel
Click on Reports  for more   Details

There will not be an experience sharing session in the Discovered Small Fields Round-II roadshows
8But beyond these set speeches, if you really want to know what the situation on the ground is with all the operators of Round-1, our website is the one that you need to turn to before you take a decision to put in a bid.
8There are clear red signs that every entrepreneur making a rush for these assets must look out for. Making money is never easy, and investors are advised not to be overtly tempted by rising oil prices and visions of oil and gas fields pumping away for a decade or more.
8The E&P business is a complicated one, as investors are finding out while trying to kick start the DSF Round 1 fields.
8Our website provides the most comprehensive mapping of how the Round-1 fields are doing as of now. Some have entered the contracting phase, others have not. A few have discovered that the fields have far less hydrocarbon than they earlier envisaged
Find out more on those entrepreneurs who are not from oil & gas business but nevertheless rushed in but are now struggling to learn the business.
Our mapping of DSF Round-1 fields includes:
-- Live updates on progress made by each field
-- Realistic assessments of their commissioning dates
-- Latest updates on clearances obtained or to be obtained by these fields
-- Latest contracting updates and business opportunities
-- Updates on those who are ahead and those lagging behind
-- Pitfalls to be avoided.
Get in touch with our marketing team for access to our database on Discovered Small Fields Round. What you get is not just a database but also everyday updates on progress made by these fields Click on Report  for more   Details

The partial disinvestment by BG in Mahanagar Gas Ltd had brought about some amount of gloom on the prospects of the company
8The fact that a large global corporate can disassociate from the city gas distribution company may have got many people thinking whether their investment in MGL is worth its while.
8Find out more on what is ahead for the company and is there a need to be cynical about its future.
Click on Reports  for more   Details

Close to US$1trillion of capex meant for 2015-2020 timeline has been taken out of the system so far, since the oil price crash of 2014
8While project sanctions activities are seen to be picking up now, all the deferrals will mean that more than 3mmbpd of supply that was supposed to come onstream by 2020 will now only come in the years after that.
8This will help the supply-demand equation in the medium to long term.
8Also, the need to develop oil production in more expensive areas – as the most expensive last barrel may need to be called upon to meet incremental demand – will continue to support oil
 prices.
8According to estimates from independent oil & gas consultancy Rystad Energy, the marginal sources of supply in 2020 will be currently non-producing shale fields (new shale) and oil sands, with a weighted average breakeven price of around US$63-66/bbl.
8Imputing some cost inflation to these numbers, we peg our longer-term oil price forecast to around US$65-70/bbl.
Click on Reports  for more   Details

Punj Lloyd was blacklisted for two years from participating in ONGC's tenders
8This was because the company messed up on the delivery of a pipeline package in ONGC's B-127 field
8But why is the company still in the list well after the statutory blacklisting period is over?
8Is it because the company is too feeble to fight back now?
Comment: It is learned that ONGC has changed Punj Loyd's status today morning after the publication of this news item
Click on Details for more   Details

8Project Name: Drilling Field Development
8Project Cost: Rs 366 crore.
8Project Event New: RFQs for the equipment and oilfield chemicals are expected earlier, by August instead of October 2018.
RFQs for hiring wireline services is expected by November 2018.
8Expenditure Approval: Q4/2016
8RFQ Date: Oct/2018.
8Release Date: Dec/2018
8Date: May/2019
8Completion Date: May/2021
Click here for more details
8Project Name:  Gas based Power Plant
8Project Cost: Rs 100 crore
8Project Event: RFQ for hiring an EPCM contractor for the project is expected by October 2018
8Expenditure Approval: Q1/2018
8RFQ Date: Oct/2018
8Release Date: Dec/2018
8Start Date: Q4/2018
8Completion Date: Q4/2020
Click here for more details   Details

The curious manner in which ONGC intends to impose a ban on Halliburton for submission of false data in an ONGC contract may be used by dozens of blacklisted companies to look for similar relaxations.
8Has ONGC unwittingly made itself vulnerable in this case to demand for similar relaxations by other blacklisted companies?
Click on Details for more   Details

Halliburton is not the only company that ONGC will continue to do business with if it is to be blacklisted
8Deep Industries is one, albeit in an indirect way
Click on Details for more   Details

After Punj Lloyd was blacklisted for messing up on the delivery of the pipeline package, the contract was re-tendered
8Sapura had taken up the job after Punj Lloyd.
8But this contactor too has missed on its deadline by a long margin
8Delivery is not expected until well into next year
Click on Details for more   Details

8Supply of a dozen gas turbine compressors in a pipeline network is coming up
8The RFQ is meant to come in October, 2018
Click on Details for more, including key contacts   Details

Ammonia-Urea & Captive Power Unit Greenfield Project 
8Cost - Rs 7000 Crore
8Project Event: RFQ for the EPC contractor is likely to be released soon.
Click here for more information
DAP/NPK- Phosphoric Acid & Sulphuric Acid Greenfield Project     
8Cost - Rs 2000 Crore
8Project Event: The project is in the initial phase and RFQ and the RFQ for an EPC contractor is likely to be released in November 2018.
Click here for more information
Ammonia-Urea Energy Saving Project  
8Cost - Rs 262 Crore
8Project Event: RFQ for Annual Maintenance Contractor is likely to be released in January or February 2019.
Click here for more information   Details

For reference purposes the website carries here the following tenders:
8EOI from leading performance appraisal consulting firms focusing on E&P companies in order to benchmark performance and operating cost of Neelam field Details
8EOI to engage a reputed consulting firm to study various business models for Production Enhancement Contract Details
8Supply of Fresh Catalyst for Petro FCC Unit in Refinery Details
8Appointment of COD Operator for Packed and Bulk Bitumen Details
8ARC for Calibration and Servicing of PSV Details
8Hiring of Service Contract for Online Sealing Injection Work in Plug Valves Details
8Procurement of Multifunction Calibrator for GPU and GREP Details
8Procurement of Valves for upcoming Annual Shutdown Details
8Provision of ultrasonic valve cleaning machines at LPG Bottling Plant Details
8Supply of Gate/ Globe Valves Details
8Supply of Pipes to refinery Details
8Consultancy services for Environmental Studies and Statutory Approvals and Clearances Details
8Agency for cleaning of Furnace Coils by Pigging Technology in HCU at refinery Details
8Procurement of Heat Exchanger U-Tubes Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Petrol crosses Rs 77 a litre mark, diesel at Rs 68.50 Details
8Vedanta set to bag 40 oil and gas blocks in country's first open acreage auction Details
8Sri Lanka's Ceylon Petroleum seeks alternative to Murban crude for October Details
8MEIL to supply cooking gas to 10 districts of Telangana Details
8Most major Asian markets up as energy firms rise with oil prices Details
8Nayara Energy raises Rs 2,400 crore through maiden issue of Non-Convertible Debentures Details
8Oil prices steady on falling U.S. crude stocks, Iran sanctions Details
8Trump warns world against business with Iran as sanctions return Details
8Indian Oil Corp team visits STP for Methane-CNG conversion in Punjab Details
8MNGL finds no takers for 2L piped gas connections Details
8U.S. natgas output, demand seen rising to record highs in 2018 Details
8Pakistan’s upcoming government to start laying TAPI pipeline Details
8Open Acreage Auction: Vedanta Cairn gets 41 blocks, ONGC 2 Details
8Why are oil prices and the Nifty moving higher? Details
8India plans to set up LNG terminal in Myanmar - Mr Pradhan Details
8US crude exports to India surge as China intake fades Details
8Megha bags project for 10 Telangana districts Details
8Volume outlook spells gains for gas utilities; Gujarat Gas, IGL stocks gain Details
You can also click on Newsclips for more   Details

8Project Name: Greenfield LPG Pipeline Project
8Project Cost: Rs 3000 crore
8Project Event: RFQ for the mainline pipes is expected by September 2018.
RFQ for the laying work is expected by November 2018.
8Expenditure Approval: Q4:2015
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Jul/2015
8Completion Date: Dec/2019
Click here for more details for key contacts and other details
8Project Name: Greenfield Pipeline Project
8Project Cost: Rs 80 crore
A slight delay has occurred in the selection of PMC contractor due to delay in environment clearance.
8Project Event: RFQ for PMC contractor is expected by September instead of July 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q4:2018
8Completion Date: Q1:2020
Click here for more details for key contacts
8An LPG Pipeline Project has been delayed: What Is The Issue?
The commissioning of 1 MMTPA production pipeline has been held up for years.
Click on Details for more   Details

8Project Name: Drilling Field Development
8Project Cost: Rs 200 crore.
8Project Description New: The private operators RFQs for oil field services and an EPC contractor for the development drilling of 20 wells and construction of production facilities respectively are expected soon.
8Project Event New: RFQ for the hiring of equipment and oilfield chemicals is expected by November 2018.
 RFQ for the hiring of EPC contractor for production installations is expected by December 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Nov/2018.
8Release Date: Q1/2019
8Date: Apr/2020
8Completion Date: Dec/2022
Click here for more details
8Project Name:  Oil Field Development
8Project Cost: Rs 300 crore
 The project requirement will be Drill Pipes, Drill Collars, Drill Bits, Casing Pipes, Blow Out Preventer and Drilling fluids services. Further RFQs are expected shortly.
8Project Event: RFQ for the hiring of equipment and oilfield chemicals are expected by November 2018.
8Expenditure Approval: Q4/2014
8RFQ Date: Nov/2018
8Release Date: Dec/2018
8Start Date: Jan/2020
8Completion Date: Dec/2021
Click here for more details   Details

Project Name: Greenfield Super Thermal Power Project
8Project Cost: 18540 crores
8Project Description: Owner along with contractors is undertaking balance work activities in a greenfield 1980 MW super-critical thermal power plant. Further bids are expected soon.
8Project Event: RFQ for balance works in main plant area and balance civil works of pipes and cables worth Rs 10 crore are expected by September 2018.
8Expenditure Approval: 2012
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: Jan/2012    
8Completion Date: Oct/2018
Click here for more information
8Project Name: Greenfield Hydroelectric Project
8Project Cost: 1860 crores
8Project Description: Promoter is evaluating bids for a 150 MW greenfield hydroelectric plant. No PPA is to be signed. Further bids are expected soon.
8Project Event: RFQ for engineering, procurement, construction and commissioning of electro-mechanical works is expected by the September 2018, instead of August 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: Q2:2019    
8Completion Date: Q4:2023
Click here for more information
8Overhauling works in a 1200 MW North Chennai thermal power station: Find out the requirements
Click on details   Details

Like in politics, in the battle for big ticket deals, there are no permanent enemies.
8There are only permanent interests
8Two companies can get together and win multi billion dollar contracts and yet be on different consortiums fighting for yet another deal
8Chinese walls are usually built when these scenarios play out, so that information does not leak out of who is bidding at what price
Click on Details for more   Details

High competition and yet-to-recover oilfield equipment and services prices have meant that ONGC elicited a competitive bid for its SPF and SURF package for the KG-DWN-98/2 block well below its own estimate.
8"The difference between the winning bid and our own assessment is very significant," a senior ONGC official said.
8Even the highest bid was well below the reserve price estimate, it is learned
8Find out what ONGC has assessed the values would be and what was eventually settled for
Click on Details for more   Details

Thankfully for ONGC, despite the fact that oil prices have begun hardening, the company may be able to still elicit the best price rates from global consortiums bidding for the KG-DWN-98/2 block
8This is because there is a lag effect between oil prices and the hardening of equipment and services rates
8"There has been a significant level of overcapacity in the market, and rates continue to stay low. In fact, in some segments of the offshore industry, such for rigs and floaters, prices continue to go down even as ordering has improved
Click on Details on how ONGC will remain benefited despite the long delay in the contracting process for the KG-DWN-98/2 block.   Details

ONGC has raised the cost estimate for the offshore processing platform in the KG-DWN-98/2
8"The reason why this estimate is raised is to take away any surprises. If the quoted price is more than 15% higher than the reserve price, the tender may have to be rejected. So to ensure a smooth tendering process, we want to keep the reserve price realistic, given that there is significant competition in the tender," an ONGC official told this website.
8"We are also examining whether we can keep the third bidder in the race too, so as to enhance competition," the official went on to add
8The competition is tough and there is now anticipation that the winning bid may be lower than ONGC's own estimate as has been the case with the SPF-cum-SURF tender.
Click on Details for more   Details

8ONGC finally commissions the project.
8Also get the latest update on the Pipeline Replacement Project-6 that is currently under tendering
We provide the best coverage of ONGC's offshore projects on account of our strong across-the-board relationships with the oil & gas sector. Teams of engineers are constant scouting for information from the ground and they pick up all possible signals. The entire data is then uploaded to a sophisticated project monitoring software to enable you to get the best intelligence on the oil & gas industry in India.
Among our subscribers are the biggest offshore companies in the world
Click on Details for more   Details

For reference purposes the website carries here the following tenders:
8Operation and Maintenance Contract for Single Point Mooring System at refinery Details
8AMC of Electrical Works for LPG Plant Details
8AMC for Testing and Calibration of PSV/ TSV Details
8Annual Maintenance Contract for Civil Works Details
8Supply of Caustic Soda Lye Details
8Flowserve Make DCU Coke Cutting Spares Details
8Supply of CS Sheets Details
8Supply of sensors of H2S gas detectors at refinery Details
8Procurement of Heat Exchangers at refinery Details
8Supply of Carbon steel Pipe Fittings Details
8Hiring of Services for execution of Field Development plan Details
8Expression of Interest for provision of Lighting and Earthing Maintenance Services Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8India’s largest refiner plans $25B output boost Details
8US sanctions on Iran cast shadow on Indian exports Details
8Oil up after OPEC sources say Saudi crude output fell Details
8IOC to invest Rs 1.75 lakh crore for expansion: Chairman Sanjiv Singh Details
8L&T's construction arm bags orders worth Rs 1,296 crore Details
8Tanzania wants to build pipeline to pump gas to Uganda Details
8Strike continues at Total's North Sea oilfields, talks planned Details
8IGL gets city gas licence for Meerut, Muzaffarnagar Details
8Oil rises after OPEC sources say Saudi crude output fell Details
8Taiwan's $6.6 bn petrochem plan hits IOCL's feedstock constraints Details
8Reliance Industries' bid for jet fuel JV spooks oil marketing firms, AAI: report Details
8Oil markets tread water ahead of renewed US sanctions against Iran Details
8Crude oil rises ahead of renewed US sanctions against Iran Details
8U.S. West Coast power, natural gas prices soar in latest heat wave Details
8Trading firm Trafigura looks to build U.S. deep water oil port Details
8Rupee opens 3 paise down at 68.91 against US dollar Details
8What causes fire in CNG cars and how to remain safe? Details
8Vedanta Resources Q1 EBITDA rises 26% to USD 983 million Details
You can also click on Newsclips for more   Details

Ammonia-Urea & Captive Power Plant Greenfield Project 
 8Cost - Rs 10741 Crore
 8Project Event: The purchase work for other services is ongoing. RFQ for LSTK contractor was floated in May 2017 for Generating Ammonia Syn. Gas & Carbon Dioxide Gas, finalization is due in September 2018. The tender for the ammonia-urea plant is extended from 30 July to 13 August 2018.
Click here for more information
Ammonia-Urea Energy Saving Project     
8Cost - Rs 481 Crore
8Project Event: The basic engineering is ongoing, the purchase of a long lead item is under process. The project is waiting environmental clearance and it is likely to be elicited in January 2019.
Click here for more information
SSP-Sulphuric Acid & NPK Fertilizer Expansion Project   
8Cost - Rs 75 Crore
8Project Event: The company is likely to be release the tender for the EPC contractor after the environmental clearance which is likely to be elicited in September 2018. the environmental clearance has been delay due to evaluation & specification issues.
Click here for more information   Details

The winner for the SURF + SPS tender for ONGC's KG-DWN-98/2 has been announced
8The lowest bidder had quoted a price of $1694.45 million
8The second lowest bidder quoted a price of $1709.63 million
8The third bidder quoted almost $200 million more than the winning bidder at $1886.06 million
8Find out who quoted how much for the tender and who ran away with it.
Click on Details for more   Details

8Asian markets would be an eight-day to an 11-day sail from proposed LNG terminals on Canada’s West Coast. Click on Report  for more.
8Find out why Soft Bank's Asian power super grid proposal, despite being feasible, is not making much headway. Click on Report  for more.
8This time around, the Indian economy is facing a more complex set of problems than before. Find out why click on Report.
8Cutting edge solutions: A new plastic has been invented that makes it more suitable for gas pipelines. And what is more, pipelines can be produced using 3D printing. Click on Report  for more.
8Renewable energy projects are picking up speed in Sri Lanka. And the returns are more attractive than India. Know more click on Report.
8Taiwan’s CPC Corp has announced that it wants to invest US$6.6 billion in India in a petrochemical complex. But that is subject to a lot of conditions. Click on Report  for more .
8How will bunker fuel prices change in 2019 before everything changes in 2020? Know more click on Report .
8Will China impose a 25% tariff rate on LNG imports from the US? Click on Report  for more.
8Corporate governance in ONGC:  Did all directors attend board meetings regularly? Click on Report  for more.
8Why do analysts have a buy recommendation on Gujarat Gas. Find out more click on Report.   Details

Project Name: Greenfield Hydroelectric Project
8Project Cost: 8456 crores
8Project Description: A subsidiary company along with contractors is constructing a greenfield 1000 MW hydroelectric power project. Further bids are expected soon.
8Project Event: RFQ for material handling, erection, testing and commissioning of electro-mechanical equipment contractor is expected by September 2018 by BHEL.
8Expenditure Approval: 2016
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: Aug/2018
8Completion Date: 2023
Click here for more information
8Project Name: Hydro Power Station - Annual Maintenance Contractor
8Project Cost: 5 crores
8Project Description: Owner is planning to come out with an annual maintenance contractor of hydro-mechanical equipment in a 60 MW hydropower station. The contract duration will be for 12 months. Further bids are expected soon.
8Project Event: RFQ for an annual maintenance contractor of hydro-mechanical equipment is expected by the Q4 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Q4:2018
8Release Date: Q4:2018
8Start Date: 2019
8Completion Date: 2020
Click here for more information
8Overhauling works in a 1000 MW thermal power station in Chhattisgarh: Find out the project owner
Click on details   Details

If you are a top oil & gas professional, you can apply for top slots in public sector oil companies
8While in-house candidates are preferred, there is an odd chance, given open thinking in the government of the day, that you may get qualified
8Know more on which slots are vacant
8Which ones are going to get vacant
8Plan out where you can fit in
Click on Reports  for more   Details

Biofuel start-ups are springing up all over the country
8And there are many products to offer
8There are those which are opening up filling stations
8And others who are offering customers the opportunity to make bio-fuels anywhere in the country by transporting compacted bio-mass to wherever you want to produce it
Click on Reports  to know more   Details

City gas major, MGL, is strenuously fighting a pipeline tariff declaration
8An adverse final ruling will have a negative impact on it
Click on Reports  for more   Details

Get more details on a 1 MMTPA FRSU coming up
8The project owners is in evacuation tie-in negotiations
Click on Reports  for more   Details

The offshore E&P services market is showing signs of a revival
8Orders are picking up
8The pipeline is building up
8Tendering activity is now "significant".
8But there is still a lot of overcapacity and it is uncertain at what pace the challenging pricing environment in this market will improve.
Click on Reports  for more   Details

RIL may have the world's largest refinery hub but it does not figure among the world's largest refinery companies
8Nor does any Indian company
8The long held view earlier was that spreads of $4/bbl made a refinery profitable, not the figure has more than doubled
8For reference purposes, the website also carries the cost benchmarks for different refinery processes for our readers
Click on Reports  for more   Details

Will Petronet LNG be adversely impacted by new LNG terminals coming in?
8Apparently not, it claims.
8But is it a good idea for an LNG company to move up the value chain, like owning a part of a gas field, like Petroent is planning to do?
Click on Reports  for answers to these questions and more   Details

Who are the key officers in the petroleum ministry?
8If you have to work in the petroleum sector and you want the government's help, who is the correct person to get in touch with?
8What are the specific assignments handled by each officer?
Click on Reports  to know more   Details

City gas distribution is not an easy business to be in
8In the first lot of 48 CGD winner, there are the usual names
8But there are some new entrants to watch out for
8Business development mangers will have to start working on this list soon enough.
Click on Reports  for more   Details

ONGC looking at a 10% increase in gas production in the next five years
8The future is bright, analysts claiming because of declining opex led by cost efficiencies
8Higher crude oil prices in the absence of subsidy sharing is likely to be a big boost
Click on Reports  to know more about where the company is going from here   Details

Ammonia-Urea Brownfield Project   
8Cost - Rs 6000 Crore
8Project Event: The purchase of major equipment and services is ongoing and NIT for Civil work contractor has been released.
Click here for more information
Single Super Phosphate Expansion Project     
8Cost - Rs 20 Crore
8Project Event: NIT preparation for EPC contractor is ongoing and it is likely to be released in September in place of July 2018.
Click here for more information
NPK-SSP & Sulphuric Acid Expansion Project     
8Cost - Rs 15 Crore
8Project Event: RFQ for a contractor is likely to be released after environmental clearance. The public hearing has been completed but environmental clearance is due and it is likely to be elicited in September 2018.
Click here for more information   Details

8Project Name: Drilling Field Development
8Project Cost: Rs 800 crore.
8Equipment required: The equipment required will be casing pipes, drilling pipes, drill bits, X-mass tree, Blow out preventer, Cementing services (Cement, Cementing Chemicals and accessories), Drilling fluid services and other oilfield chemicals.
8Project Event New: RFQ for the equipment and oilfield chemicals is expected by December, 2018.
RFQs for the hiring of drilling rig services is expected by Q1 2019.
8Expenditure Approval: Q2/2015
8RFQ Date: Dec/2018.
8Release Date: Q1/2019
8Date: Nov/2019
8Completion Date: Dec/2022
Click here for more details for project configuration and key contacts
8Project Name:  Oil Field Development
8Project Cost: Rs 150 crore
8Project Event: RFQs for the hiring of Drilling Rig is expected by December 2018.
RFQs for the hiring of oilfield chemicals and cementing services is expected by Q1 2019.
8Expenditure Approval: Q4/2017
8RFQ Date: Dec/2018
8Release Date: Q1/2019
8Start Date: Nov/2019
8Completion Date: Nov/2020   
Click here for more details   Details

8Project Name: Greenfield Gas Pipeline Project
8Project Cost: Rs 2500 crore
8Project Event: RFQ for the next 140 Km laying work is expected by October 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q2:2017
8Completion Date: Q4:2020
Click here for more details for key contacts
8Project Name: Crude Oil Terminal Augmentation Project
8Project Cost: Rs 170 crore
8Project Event: RFQ for the PMC contractor is expected by October 2018.
8Expenditure Approval: Q4:2017
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q4:2018
8Completion Date: Q4:2020
Click here for more details for more information
8Business opportunity equipment suppliers: Get the key contact here
The owner is planning to float an RFQ for an electric motor driven CNG booster compressor for a City gas distribution project. An EPCM contractor is involved.   Details

For reference purposes the website carries here the following tenders:
8Appointment of COD Operator for Packed and Bulk Bitumen Details
8Procurement of Mechanical Seal Spares in refinery Details
8Procurement of Spares of Breakers at refinery Details
8Procurement of CS Pipes Details
8Repair of anomaly points of pipelines Details
8Conversion of the Manual operated valves to the motor operated valves Details
8ARC for Hydro Jet Cleaning of Heat Exchanger Tubes at refinery Details
8Handling, Transportation, Shifting, Stacking and Loading of RPC at refinery Details
8Verification and validation of results of In-Line-Inspection for health assessment of offshore sub-sea pipelines and risers Details
8Dismantling and Repair of SRU3 Incinerator Flue Gas Stack Details
8Mechanical Piping Works and Equipment Erection at LPG Plant Details
8Expression of Interest for Insurers/ Reinsurers for Vedanta Limited Asset Insurance Policy Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Punjab scraps plan to release 2.5 lakh agricultural pumpset connections Details
8Demand for people in the energy sector has increased: Chennai Petroleum Details
8Northeast to be connected with National Gas Grid: Oil India CMD Details
8GST slabs may reduce to 3 in long-term: Finance Ministry official Details
8Saudi Arabia to resume crude oil exports through Red Sea lane Details
8US regulators close investigation into Exxon Mobil climate disclosures Details
8U.S. oil drillers cut rigs for second week in three: Baker Hughes Details
8Govt achieves target of 5 cr free LPG connections 8 months ahead of schedule Details
8Rising oil prices threaten to erode mining sector's profitability Details
8Govt to move High Court against Reliance arbitration award, says Oil Minister Dharmendra Pradhan Details
8NCAP with multiple timelines to clean air in 102 cities to be released around 15 August Details
8Forget cash or card, soon your thumb would be enough to pay at petrol pumps Details
8LNG demand to stay strong despite 70 per cent price rise: Report Details
8ONGC asks HPCL to rectify promoter classification Details
8IOC to invest Rs 1.75 lakh crore for expansion: Chairman Sanjiv Singh Details
8Devendra Fadnavis firm on going ahead with Nanar refinery Details
8Oil prices rise after Saudi output dips, U.S. drilling stalls Details
8Concerns about surge in oil prices are overdone: Jim Walker, Asianomics Details
8Trump’s foreign policy: An unlovely triangle Details
8Steep spike in global liquefied natural gas price unlikely to curb domestic demand Details
You can also click on Newsclips for more   Details

Project Name: Thermal Power Station - Limestone Handling and Gypsum Storage Project
8Project Cost: 116 crores
8Project Description: Owner is planning to come out with a bid for limestone handling plant and gypsum handling plant related to the installation of an FGD system in a 3000 MW thermal power station. Further bids are expected soon.
8Project Event: RFQ for limestone handling, crushing and Gypsum Storage Package is expected by the mid-August 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: 14/Aug/2018
8Release Date: 16/Aug/2018
8Start Date: Q4:2018
8Completion Date: Q1:2020
Click here for more information
8Project Name: Thermal Power Plant Maintenance Project 
8Project Cost: 5 crores
8Project Description: A subsidiary company has planned a 25-day scheduled annual overhaul in the 710 MW thermal power station. The specification of the work includes replacement of boiler pressure parts, replacement of basket in air preheater, repairing of economizer hoppers and seals. Further bids are expected soon.
8Project Event: RFQ for required overhaul is expected by the second week of August 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: 8/Aug/2018
8Release Date: 10/Aug/2018
8Start Date: 1/Sep/2018
8Completion Date: 15/Sep/2018
Click here for more information
8Project Name: Greenfield Thermal Power Project
8Project Cost: 7530 crores
8Project Description: A subsidiary company along with EPC contractor has completed the piling works for a 1600 MW greenfield super-critical thermal power project. Further bids are expected soon.
8Project Event: RFQ for fire protection system package and raw water system package is expected by the end of August 2018, instead of June.
8Expenditure Approval: Q4:2016
8RFQ Date: 28/Aug/2018
8Release Date: 31/Aug/2018
8Start Date: Q2:2017
8Completion Date: Q4:2021
Click here for more information   Details

There has been a 50% increase in the capital cost
8The project commissioning schedule has been advanced by one whole year
Click on Details for more   Details

The likelihood of unified tariffs coming into force is pushing more industrial enterprises nearer to gas sources to rush for their own captive pipelines
8This may work against suppliers such as GAIL or GSPC
8Find out what is developing on this front
Click on Reports  for more   Details

What is up with the ambitious 11 MMTPA FRSU at Challapalli in Andhra Pradesh?
8What kind of gas flows can one expect then from this area, with new gas also likely to come in from the KG Basin discoveries
8What kind of pipeline tie-ins are contemplated?
Click on Reports  for more   Details

8Maintenance works in a 630 MW thermal power station in Chennai: Find out the project owner.
8New supercritical units coming up in Madhya Pradesh: Find out more
Click on details   Details

How much you pay your agent should really be the prerogative of the bidder in a competitive bidding environment.
8After all, if the bidder is willing to pay a high amount, he will have to work it into his bid price, thereby risking losing the tender.
8That argument has stopped ONGC from questioning how much a bidder may want to pay is Indian agent
8Is this principle now under threat?
Click on Details for more   Details

A storm has been created by the award of a Rs 250 crore contract to EIL on a OBE route
8The competition has claimed that ONGC had ignored a tender invited for a consultant for the job
8Within ONGC too, the opinion is divided over whether an LSTK or an OBE route should have been followed for the tender
Click on Details for more   Details

It is going to be increasingly difficult for EIL to walk away with nomination contracts in ONGC, it seems
8Unlike in the downstream sector, where EIL had a near hegemony, the E&P sector is much more technology-intensive segment and EIL has been losing its edge of late
8Even in areas such as gas processing or crude sweetening, where EIL has the requisite experience, landing a nomination contract or an OBE contract, will not be easy anymore
Click on Details for more   Details

8Project Name: Exploratory Drilling
8Project Cost: Rs 250 crore.
8Project Description New: It is a shale oil & gas gas development project
8Project Event New: RFQ for the hydrofracturing and other equipment and oilfield chemicals is expected by November 2018.
8Expenditure Approval: Q2/2018
8RFQ Date: Nov/2018.
8Release Date: Dec/2018
8Date: Q4/2018
8Completion Date: Q4/2020
Click here for more details
8Project Name:  Development Drilling Programme
8Project Cost: Rs 30 crore
8Project Description: RFQ for the hiring of an EPC contractor for flowline installation at a GGS is expected soon.
8Project Event: RFQs for hiring an EPC Contractor is expected by November 2018.
8Expenditure Approval: Jan/2018
8RFQ Date: Nov/2018
8Release Date: Dec/2018
8Start Date: Apr/2019
8Completion Date: Dec/2020
Click here for more details   Details

8Project Name: Greenfield Product Pipeline Project
8Project Cost: Rs 324 crore
8Project Description: The owner has hired a private company as a PMC contractor. Work is progressing well.
8Project Event: RFQ for the station work is expected by October 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q1:2017
8Completion Date: Jun/2020
Click here for more details
8Project Name: POL Terminal Expansion Project
8Project Cost: Rs 150 crore
8Project Description: A PFR consultant has been appointed. 
8Project Event: RFQ for EPMC contractor is expected by September instead of July 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q4:2018
8Completion Date: Q3:2021
Click here for more details
8Project Name:  Brownfield LPG Bottling Plant Expansion
8Project Cost: Rs 100 crore
8Project Event: RFQ for the equipment erection work is expected by September 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Jul/2017
8Completion Date: Q1:2019
Click here for more details   Details

For reference purposes the website carries here the following tenders:
8Supply of Mechanical Seal Spares Details
8Supply of License, Basic Design and Engineering Package, Proprietory Equipment and other services for Alkylation Unit at refinery Details
8Supply of DP Transmitters Details
8Supply of Pressure Gauges at refinery Details
8Supply of Spares of Gas Analyser at refinery Details
8Expression of Interest for provision of Surveying Services for Crude Loading and Unloading Operations Details
8Procurement of Multifunction Calibrator with Hart Communication Facility Details
8Minor/ Major Overhauling of Compressor Make Installed Up-stream Units Details
8Hiring of EC Services for Block CB-ONHP-2017/12 Details
8Supply of DG-sets at Retail Outlets on Pan India Basis Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Oil tanker owners are scrapping the most ships in decades Details
8Record-high greenhouse gas emissions in 2017: Report Details
8E.ON's German energy retail unit says it added 50,000 clients in H1 Details
8China to impose Beijing-Tianjin-Hebei pollution curbs from October 1 Details
8Discount on digital payment at petrol pumps cut to 0.25 per cent from 0.75 per cent Details
8Bangladesh sees stalled floating LNG terminal starting operations in days Details
8Egypt sets tariff of $0.38 for use of national gas grid Details
8Cabinet nod to QIP to help mine expansion plan: HCL CMD Santosh Sharma Details
8India’s crude oil production to grow by a mere 1 MT through 2022: Oil ministry Details
8Libya's Attahadi gas field halts production Details
8China's Zhejiang Petrochemical gets 5-mt crude oil import quota for 2018 Details
8FinMin may approve Rs 4,000 crore subsidy for FAME II: Officials Details
8State refiners drive India's July Iran oil imports to a record: Report Details
8Niti Aayog may test-drive plan to run petrol cars on 15% methanol Details
8Texas investigators probe pipeline blaze that injured seven Details
8U.S. Labor Department cites 3 companies in Oklahoma rig explosion Details
8UK GAS-Prices rise ahead of Forties pipeline outage Details
8OPINION: How DBT can improve subsidy payout and remove fake transactions Details
8Brazil calls oil cargo auction, seeks to export oil in a year Details
8Free LPG to 50 million poor homes: PM Modi’s pet scheme beats target Details
You can also click on Newsclips for more   Details

8Project Name: Gas Power Station - Supply of Cooling Tower Fill Pack and Drift Eliminator
8Project Cost: 16 crores
8Project Description: Owner is planning the supply of a cooling tower fill pack and drifts eliminator system in a 780 MW gas power station. A Notice Inviting Tender is getting prepared. Further bids are expected soon.
8Project Event: RFQ for the supply of a cooling tower fill pack and drifts eliminator system is expected by September 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: Q4:2018
8Completion Date: Q1:2019
Click here for more information
8Project Name: Thermal Power Station - Installation of FGD
8Project Cost: 3000 crores
8Project Description: A subsidiary company has recently floated an EOI for installation of seawater based Flue Gas Desulphurisation (FGD) system for a 3200 MW thermal power plant. Further RFQs are expected soon.
8Project Event: RFQ for the supply and installation of seawater based FGD (Flue Gas Desulphurisation) system is expected by the mid-August 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: 10/Aug/2018
8Release Date: 13/Aug/2018
8Start Date: 2019
8Completion Date: 2022
Click here for more information
8Project Name: Thermal Power Station - FGD Addition
8Project Cost: 500 crores
8Project Description: A subsidiary company along with consultant is undertaking preparation of a feasibility report for installation of a flue gas desulphurization system at an 800 MW thermal power station. Approval from the state government is pending. Further bids are expected soon.
8Project event: RFQ for the design, supply, installation, and commissioning of an FGD is expected in the Q1 2019.
8Expenditure Approval: Q4:2018
8RFQ Date: Q1:2019 
8Release Date: Q1:2019
8Start Date: 2020
8Completion Date: 2022
Click here for more information   Details

For reference purposes the website carries here the following tenders:
8Procurement of Spares of ETP Secondary Clarifier at refinery Details
8Maintenance related civil works for utility and hydrocarbon pipelines at refinery Details
8Contract for Carrying out Review of Integrity Management System Details
8Carrying out Site Execution of IBR Piping Works Details
8Procurement of Pipeline Locators for Pipelines Details
8Procurement of Metering Skids Details
8Procurement of Activated Carbon Details
8Hiring of Services for Obtaining the requisite Statutory Clearance for Export Gas pipeline from Central Process Platform to Onshore Gas Terminal Details
8Bid Document for Procurement of Break Away Couplings and NGV Receptacles Details
8Bid Document for Industrial and Commercial Connections Details
8Expression of Interest for Vedanta Residential Complex within the RJ-ON-90/1 Block Details
8Selection of Consultant for EPMC to set up City Gas Distribution networks Details
8Hiring of Cementing Services for Chartered Hiring Rigs Details
8Charter hire of Platform Supply Vessels Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Indian Oil tops 7 Indian firms on Fortune 500 list, RIL jumps 53 places Details
8Moves to cut emissions could cause more hunger than climate change - study Details
8Strong French hydro, nuclear power output squeeze out fossil fuels in June -RTE Details
8Cabinet approves Rs 1,258 crore interest-free loan for three fertilizer projects Details
8Cabinet approves policy framework for exploitation of unconventional hydrocarbons Details
8Government to appeal against arbitration panel rejecting its $1.5 billion claim against Reliance Details
8Centre, industry want petroleum products in GST ambit: Oil Minister Pradhan Details
8Oil trades higher after two days of heavy losses Details
8Brazilian crude oil exports rebound, hitting record 8.1 million tonne in July Details
8Russia's Novak: Higher oil production in July aimed at market stability Details
8Rio Tinto sees FY coking coal output at 4 mln tn, thermal coal 2.5 mln tn Details
8U.S. EPA chief says proposed rule on fuel efficiency coming this week Details
8Indonesia to make bio-diesel use compulsory from 1st Sept: official Details
8Mayawati slams BJP govt for fuel price hike Details
8India allows shale, CBM production under old licences Details
8Gas Reserves in Assam and other North-Eastern States Details
8The natural gas debate: A bridge to the future? Details
8Govt weighs options in $1.55 billion RIL-ONGC row Details
8Petrol, Diesel Prices raised in Metros after two days: Check Rates here Details
8India allows firms to drill for Shale Oil, Gas under existing contracts Details
You can also click on Newsclips for more   Details

Is there a likelihood of the Modi administration launching a Universal Basic Income (UBI) scheme before the 2019 elections?
8If it does, then the UBI will be pivoted around the energy sector -- involving both oil & gas and the power sector -- rather than on the Public Distribution System (PDS) for foodgrains and the fertilizer subsidy scheme.
8This is because the poor gains more from a UBI scheme centered around delivering full energy prices to the customer than if food and fertilizer subsidies are included in the scheme.
8If Modi can finish up his 100% electricity linkages to all households quickly enough, a UDI announcement can become a real possibility.
8If it really happens, the oil & gas sector will go through a tumultuous and unprecedented transformation.
8No doubt the announcement of such a scheme if not its implementation before 2019 will be a political game changer and only a risk taker like Modi is capable of taking such a decision.
Click on Reports for more   Details

Ammonia - Urea & Captive Power Plant Greenfield Project
 8Cost - Rs 10000 Crore
 8Project Event: Tender for the EPC has released and discussion is ongoing with a China-based company but the deal has not been finalized yet and it is likely to be sealed in October. Traditional technology and EPC companies are not in the fray for this project, it seems
 Click here for more information
 Ammonia-Urea Energy Saving Project-II  
 8Cost - Rs 200 Crore
 8Project Description: A Fertilizer Company is planning the implementation of various schemes under ESP-II at its ammonia-urea fertilizer complex-II in India.
 8Project Event: The project is in the initial phase and RFQ for the LSTK contractor is likely to be released soon.
 Click here for more information       Edit   Details

President Trump's willingness to sit in talks with the Iranians is an indication that he may be in as much pressure as the Iranians to look for a compromise
8Latest estimates show that the disruption to Iran’s crude exports will be to the tune of 700,000 bpd
8Analysts are saying that this will bring about a significant upside risk to oil prices in the fourth quarter as a result of sanctions.
8Whether or not talks take place, the White House will have to ease pressure on Iranian sanctions enforcement
Click on Reports for more   Details

Reducing or eliminating Indian agent commission may not bring about net gains to ONGC
8Find out why ONGC may not end up a beneficiary
Click on Details for more   Details

8Project Name: Greenfield LPG Terminal
8Project Cost: Rs 1800 crore
8Project Event: RFQ for the surveying work is expected by September 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q1:2019
8Completion Date: Q4:2020
Click here for more details
8Project Name: Petrochemical Complex Expansion
8Project Cost: Rs 600 crore
8Project Description: There is a slight delay in the selection of PMC contractor due to delay in environment clearance.
8Project Event: RFQ for the PMC contractor is expected by September instead of July 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q4:2018
8Completion Date: Q2:2020
Click here for more details
8Project Name: LPG Bottling Plant Expansion Project
8Project Cost: Rs 150 crore
8Project Event: RFQ for the long lead item is expected by October 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q4:2018
8Completion Date: Q3:2020
Click here for more details   Details

8Project Name: Hydroelectic Power Station - Annual Maintenance Contractor
8Project Cost: 0.53 crores
8Project Description: The owner is planning to come out with a maintenance contract for hydro-mechanical equipment. Tenders for the same is expected soon.
8Project Event : RFQ of an annual rate contract for hydro-mechanical equipment are expected by the end of August 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Aug/2018
8Release Date: Sep/2018
8Start Date: Q4:2018
8Completion Date: Q4:2019
Click here for more information   Details

8ONGC to bear GST on account of forfeiture of Bid security. Click on Reports  for more
8Gas based generators may stay out of business as global coal prices cool down Click on Report  for more.
8RIL continues to buy 10 mmscmd of LNG but that will stop soon click on Report  for more.
8There is a conflict of interest that OISD has while dealing with oil safety issues. So PESO is recommended to be the main authority to handle oil & gas safety Click on Report  for more.   Details

RIL has won the arbitration battle against the $1.55 billion claim by the government over the so-called gas migration dispute.
8This is a big shot-in-the-arm for the private sector giant, currently under pressure on its E&P business on account of falling D-6 output even as it waits for new gas to come in from fresh investments in the KG basin.
8The crux of the argument against the government by the tribunal is that the Production Sharing Contract does not prevent the contractor from producing gas, irrespective of its source, as long as the producing wells are located inside the contract area.
8The government is still to decide on the next course of action. Arbitration procedures have now become complicated and it will take years of litigation before either side can come out a clear winner.
8RIL's E&P division is expected to see a big turnaround once new gas begins to flow in from the monetization of its discoveries in the KG Basin, beginning 2020.
Click on Reports  for a glimpse of how RIL is now firing from all cylinders in nearly all its business segments.     Details

The government plans to launch launch Discovered Small Fields (DSF) Round 2 this month.
8A total of 60 discoveries have been clubbed into 26 contract areas spread over 3100 sq km.
8But there are clear red signs that every entrepreneur making a rush for these assets must look out for. Making money is never easy, and investors are advised not to be overtly tempted by rising oil prices and visions of oil and gas fields pumping away for a decade or more.
8The E&P business is a complicated one, as investors are finding out while trying to kick start the DSF Round 1 fields.
8Our website provides the most comprehensive mapping of how the Round-1 fields are doing as of now. Some have entered the contracting phase, others have not. A few have discovered that the fields have far less hydrocarbon than they earlier envisaged
Find out more on those entrepreneurs who are not from oil & gas business but nevertheless rushed in but are now struggling to learn the business.
Our mapping of DSF Round-1 fields includes:
-- Live updates on progress made by each field
-- Realistic assessments of their commissioning dates
-- Latest updates on clearances obtained or to be obtained by these fields
-- Latest contracting updates and business opportunities
-- Updates on those who are ahead and those lagging behind
-- Pitfalls to be avoided.
Get in touch with our marketing team for access to our database on Discovered Small Fields Round. What you get is not just a database but also everyday updates on progress made by these fields Click on Report  for more.   Details

How much should a top-notch E&P professional earn in the private sector in India?
8Quite a lot compared to his public sector counterpart
8If you are a CEO or a CFO of an E&P company delivering good results, what should be the benchmark?
8If you are looking for such a slot, what kind of bonuses can you expect if your KPIs are fulfilled?
Click on Reports  for more   Details

Leaders know that if you want strategic execution, you need the right people and teams.
8Yet finding the right people is a big struggle when the job market is booming.
8No wonder the task of recruiting, promoting, and retaining talent consumes so many C-suite conversations.
8Which raises the question: Why do so many organizations overlook their greatest source of talent, themselves?
8Large companies employ thousands of people.
8Yet it’s not unusual for recruiters to be completely unaware that the best candidate for a position may already work inside the organization.
8Know more on why looking within is better sometimes than looking outside
Click on Reports  for more   Details

Significant levels of new gas are expected to get into the grid in the next few months
8The Anjar-Mundra pipeline stretch, connecting the newly commissioned Mundra LNG terminal to the Gujarat grid, is expected to be ready in one month.
8The Mehsana-Barmer line would also start gas transfer in the next 2-3 months with the Cairn Rajasthan field output likely to be at 3-4mmscmd
Click on Reports  for more   Details

Strident domestic lobbies are fighting against allowing the export of gas in the US and Australia.
8Find our more on how these lobbies may eventually impact the LNG trade much more than a whole lot of other factors
8With US getting more protectionist, the domestic gas consuming industry is lobbying Washington to stop US gas supplies to countries such as India where the domestic gas industry is subject to forced underpricing
8Potent jobs gained vs. jobs lost arguments are being thrown at proponents of LNG exports.
8There is a lobby in Australia that claims that gas is more expensive in some parts of the continent than the landed price of Australian LNG in Japan
Click on Reports  for more   Details

Why is Petronet LNG's capacity higher during the rough monsoon season than otherwise? This is not because of a sharp uptick in demand for LNG during the season but on account of an external favourable factor
8With a spate of domestic LNG capacity coming up, Petronet is now looking at foreign markets for future growth. Is it the right strategy?
Click on Reports  for more   Details

The Indian shipbreaking industry is undergoing a major transition
8It is trying to stay ahead of the competition from Bangladesh and Pakistan while also confronting the problem of being a highly polluting industry
8The fact that the Chinese have stopped recycling of foreign flagged vessels, while providing a boost to the domestic industry, is a grim reminder of how the situation may turn out eventually for it in India
8For now, efforts are on to keep the industry going in full throttle.
Get a full update on the industry here click on Report  .   Details

For reference purposes the website carries here the following tenders:
8Procurement of Natural Gas Regulators Details
8Supply of R201 Top Bed Demet Catalyst for HCU in refinery Details
8Supply of License, Knowhow Basic design and Engineering Package BDEP Catalysts Proprietary Items if any and other Services for Polypropylene Unit at refinery Details
8Supply of Globe Valves Details
8Supply of License Know-how, Basic Design for Installation of MS Block comprising of Continuous Catalytic Reforming Unit and Isomerization Unit Details
8Supply of Steam Turbine Spares at Refinery Details
8Supply of Inlet Air Filters of Gas Turbines Details
8Repair of Coating Defects along various Pipelines Details
8Procurement of Pressure Transmitters Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8RIL wins arbitration award in gas dispute with govt Details
8Iraq has spent more than USD 700 bn oil wealth since 2005 Details
8India advances plan for integrated megarefinery Details
8LPG price hiked by Rs 1.76 per cylinder Details
8Vedanta first quarter net profit rises 2 per cent at Rs 1,533 crore Details
8Once oil wealthy, Venezuela's largest state struggles to keep the lights on Details
8India's eight core industries grow 6.7% in June Details
8BP second quarter profit above expectations at $2.8 billion Details
8India’s natural gas production will double in four years: Oil Ministry Details
8April-June fiscal deficit at 68.7 per cent of fiscal year target Details
8China's CNPC says H1 overseas equity oil, gas production up 7.3 pct Details
8Arbitration panel doesn’t find RIL at fault in ONGC row Details
8Oil extends decline after biggest monthly slump in two years Details
8Taiwanese company proposes $6.6 billion petrochemical investment in Odisha Details
8South China Sea emerging as a dangerous flashpoint Details
8Cabinet boost to Gail Gas Pipeline Details
8Your LPG cooking gas price to be hiked by Rs 25.50 from August in Delhi Details
8RIL wins as tribunal bins govt gas claim Details
8Base effect, higher refinery production accelerates June core factory output Details
8RBI monetary policy: Core inflation may sway RBI to hike Details
You can also click on Newsclips for more   Details

8A solar park is to be set up at the site of a retired thermal power station: Find out more on this upcoming opportunity.   Details

8Project Name: Exploratory Drilling
8Project Cost: Rs 200 crore.
8Project Description New: A 3 well drilling project in an onshore NELP-V Block is coming up under a JV. The drilling contact has gone to a private company. The project also involves the construction of an EPS with a capacity of 800m3 per day and the laying of an Intra-field pipeline network. Equipmentrequirements will be for Xmas Trees, Manifolds, DG Sets, Casing Pipes, Compressor, HSD.
8Project Event New: RFQs for equipment are expected by September end 2018.
8Expenditure Approval: Q1/2018
8RFQ Date: Sep/2018.
8Release Date: Oct/2018
8Date: Q3/2018
8Completion Date: Q4/2019
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8Project Name:  Development Drilling Programme
8Project Cost: Rs 300 crore
8Project Description: RFQs for equipment for a 6-well development drilling programme  are expected soon. The contract for the GCS expansion and the pipeline part has already been awarded. The project involves the conversion of 3 exploratory wells into development wells, up-gradation of the GCS and laying of a 10" pipeline (50 Km). The equipment requirement for the project will be Casing Pipes, Oil field Chemicals, Wireline and Cementing Services.
8Project Event: RFQ for the equipment and oilfield chemicals are expected by October 2018.
8Expenditure Approval: Q3:2016
8RFQ Date: Nov/2018
8Release Date: Dec/2018
8Start Date: Q4:2018
8Completion Date: Q4/2020
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One of the biggest beneficiaries of the Make in India policy, which in this case is essentially an overtly discriminatory policy that keeps foreign competitors out, is the domestic oil & gas line pipe and casing industry.
8The business is in the case of a handful of participants and they have been able to keep competition at bay.
8The consequence is that prices have gone up for E&P majors such as ONGC and OIL
8Know more about this particular instance where in a tender for high quality EUE tubings and pup joints, the competition is low and the prices are high
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8Project Name: Greenfield LPG Pipeline Project
8Project Cost: Rs 1800 crore
8Project Description: The owner has hired the PMC contractor. Environment clearance was granted for this project on March 2017. RFQ for mainline pipe and ball valve is already out. Price bid will open in August 2018. Further RFQs are expected soon.
8Project Event: RFQ for the terminal work is expected by October 2018.
8Expenditure Approval: Q2:2016
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Mar/2017
8Completion Date: Dec/2020
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8Project Name: Greenfield Product Pipeline Project
8Project Cost: Rs 700 crore
8Equipment required: Equipment required are: Centrifugal compressor/Pump, Mainline pipes, welding machines, excavators, bulldozer, Shovel, Backhoes, Dozers, Scrappers, Paver, Pumps, Generators, Compressors, Jack Hammers, Piledrivers, Pumps/Compressors, Buried Pipelines, Isolation Valves (Manually, Remotely, Automatically Operated), Relief Valves (Thermal or other types), Pipe bridges or other supports, Cased Sleeves under roadways or rail lines, Control Systems, Leak Detection System, Pig launcher and receivers, motors, Transformers, Bulldozer, Dump Truck, Hydro excavator,Crane, Control Valves, Filters, among others.
8Project Event: RFQ from September 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q1:2019
8Completion Date: Q4:2021
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8Business opportunity for an EPC contractor: Find who is looking for him
8The owner is planning to install a new LPG bottling plant with a capacity of 120 TMTPA. The project is now in pre-planning stage and waiting for the capex approval. An overall amount of Rs 170 crore has been earmarked for this project. It is expected to commissioned by June 2020.
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