For reference purposes the website carries here the following tenders: 8 Civil Works for preparation of Sites for Work over operations at different wells at Tripura Asset Details 8Carrying out Civil Works for MSDF Well Site for Work Over Rig Operations in Krishna Area Details 8Supply of Lubricity Additive for Ultra Low Sulphur Diesel (HSD) Details 8Operation and Maintenance Contract for Handling of LPG Bulk Loading Terminal and Bottling Plant Details 8Chemical Handling and miscellaneous Cleaning jobs in PX Plant of refinery Details 8Agency for Remnant Life Assessment study of Boilers at refinery Details 8Carrying out Piping modification for conversion of PL-06 from SKO service to HSD service in tank-farm areaDetails 8Hiring of Torque Tightening and Bolt Tensioning machine along with the operator during upcoming shutdown in refineryDetails 8Procurement of Gas Flow MetersDetails 8Restoration of drill site including approach road to drill siteDetails 8Carrying out pipeline modification work for provision of Master MFM at VadodaraDetails 8Annual Rate Contract for providing Foot Patrolling Services at Silvassa Maintenance Base under Hazira JurisdictionDetails 8Augmentation of Bio-diesel Pipeline and associated Civil Works at Tamil NaduDetails 8Construction of Ethanol 2 Bay Unloading Gantry at KochiDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8ONGC to open India's 8th sedimentary basin with Kutch gas find Details 8India's oil demand growth weakest since 2013 as economy slows Details 8Mathura refinery revamps units ahead of BS-VI fuel rollout Details 8BPCL Director-Finance resigns on health grounds Details 8Crude oil traded sideways in today's session Details 8Uptrend in crude oil price may further impact India's fiscal position Details 8Great fall: India’s oil consumption hits a rough patch, demand growth weakest since 2013 as economy slows Details 8Oil exploration shares gain; Aban Offshore up 9% Details 8The World Bank on crude oil prices Details 8Interview: Shell sells stake in Iraq oilfield to Japan's Itochu - oil official Details 8India Inc's topline growth to hit 5-year high of 9 per cent in Q3 Details 8Oil flirts with $70, but is the market overheating? Details 8Crude oil produced in Barmer will be cheaper now! Details 8Working with countries like India a good thing, says Donald Trump Details 8Government to call for new oil, gas exploration bids Details 8Agro, FMCG, infra stocks to be biggest beneficiaries of forthcoming Budget Details You can also click on Newsclips for moreDetails
8Project Name: Gas Turbine Power Station Project - O&M supply 8Project Cost: 30 crores 8Project Description: The owner is planning to install a new Gas Booster Compressor (GBC) in the 187 MW (Phase-I of 95 MW & Phase-II of 92.2 MW) Gas Turbine Power Station. Currently, the compressor at Phase-I is being used in Phase-II, causing no standby GBC for both the units. The owner will come out with a bid for a new centrifugal type compressor thereby reducing the loss of generation after getting capital approval from TNEB headquarters. 8Project Event: RFQ for installing a new Gas Booster Compressor is expected by Q3 2018. 8Expenditure Approval: Mar/2018 8RFQ Date: Q3:2018 8Release Date: Q3:2018 8Start Date: Oct/2018 8Completion Date: Nov/2018 Click here for more information 8Project Name: Combined Cycle Power Station (GT-4) Maintenance Project 8Project Cost: 15 crores 8Project Description: The owner has planned a 10-day scheduled maintenance of Unit-4 Gas Turbine (216 MW) in the 1500 MW ( 4*250 MW GT + 2*250 MW ST) combined gas based power station covering combustion inspection of equipment which includes overhauling of auxiliary parts of the gas turbine set. Equipment required will be combustion liners, crossfire tubes, transition pieces, among others. 8Project Event: RFQ for equipment is expected in third week of January 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: 20/Jan/2018 8Release Date: Feb/2018 8Start Date: 10/Mar/2018 8Completion Date: 19/Mar/2018 Click here for more informationDetails
8Project Name: Captive Power Plant: RFQ delayed 8Project Cost: Rs 10 crore. 8Project Description: The RFQ for a gas-based Captive Power Plant consisting of two 800 KW units, within promoter’s residential premises has been delayed on account of GST implementation and other financial restructuring issues. The natural gas, a reliable water supply, defined electrical distribution network and a load center within close vicinity of the Generation Point would be provided by promoter. CPCB Clearance for the project is also pending. Environmental Clearance for the project is expected by Q3 2018. Further RFQ's for the project are expected shortly. 8Project Event: RFQ for hiring EIA consultant is expected by March 2018 instead of January, 2018 RFQ's for hiring the LSTK contractor for the project is expected by April 2018 instead of February, 2018 8Expenditure Approval: Dec/2017 8RFQ Date: Mar/2018 8Release Date: Apr/2018 8Start Date: Q3/2018 8Completion Date: Q2/2020. Click here for more details 8Project Name: Early Production System: RFQ delayed 8Project Cost: Rs 5 crore. 8Project Description: Promoterhas delayed the RFQs for the development of an Early Production System on account of GST implementation. The project involves the construction of an EPS and laying of a pipeline for crude evacuation. The following units have been proposed in the facility: Production field headers & test headers, Group separator, Gas scrubber, Bath heater, Dispatch pump, Flare System, Orifice meter, Mass flow meter, Tube well, Firefighting system, DG set. The tender for the project is expected to combine with that of GGS tender. 8Project Event: RFQ for the hiring EPC contractor is expected by March 2018 instead of January 2018. 8Expenditure Approval: Q4/2016. 8RFQ Date: Mar/2018 8Release Date: Apr/2018 8Start Date: Jun/2018 8Completion Date: Q1/2019 Click here for more informationDetails
8Project Name: Gas Turbine Power Station Project - O&M supply 8Project Cost: 30 crores 8Project Description: The owner is planning to install a new Gas Booster Compressor (GBC) in the 187 MW (Phase-I of 95 MW & Phase-II of 92.2 MW) Gas Turbine Power Station. Currently, the compressor at Phase-I is being used in Phase-II, implying there is no standby GBC for both the units. The owner will come out with a bid for a new centrifugal type compressor. 8Project Event: RFQ for installing a new Gas Booster Compressor is expected by Q3 2018. 8Expenditure Approval: Mar/2018 8RFQ Date: Q3:2018 8Release Date: Q3:2018 8Start Date: Oct/2018 8Completion Date: Nov/2018 Click here for more information 8Project Name: Combined Cycle Power Station (GT-4) Maintenance Project 8Project Cost: 15 crores 8Project Description: The owner has planned a 10-day scheduled maintenance of Unit-4 Gas Turbine (216 MW) in the 1500 MW ( 4*250 MW GT + 2*250 MW ST) combined gas based power station covering inspection of combustion equipment which includes overhauling of auxiliary parts of the gas turbine set. Equipment required will be combustion liners, crossfire tubes, transition pieces, among others. 8Project Event: RFQ for equipment is expected in third week of January 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: 20/Jan/2018 8Release Date: Feb/2018 8Start Date: 10/Mar/2018 8Completion Date: 19/Mar/2018 Click here for more informationDetails
Ammonia-Urea Brownfield Project 8Cost - Rs 4933 Crore 8Project Description: A company is awaiting clearance for its brownfield urea-ammonia project with a capacity 1500 MTPD of ammonia, 2620 MTPD of urea and 13 MW Captive power plant. The project consultant is PDIL. The project has elicited the approval of funds.The equipment requirements are Compressors, Turbines, Exchangers, Vaporizers, Subcoolers, Filters, Pumps, Heaters, Towers, Vessels, Storage systems, Cooler, Furnaces, Stacks, Converters, Boilers, Drums, Blowers, Economizers, Preheaters, Reactors, Tanks, Reactors, Evaporators, Condensers, Separators, Ejectors, Absorbers, Prilling towers, Absorbers, Heat exchangers, Columns Generators and more.The proposal for an environmental clearance is likely to be submitted in February 2018. 8Project Event: RFQ for the LSTK contractor is likely to be released in February 2018. Click here for more information Single Super Phosphate Expansion Project 8Cost - Rs 35 Crore 8Project Description: A fertilizer Companyis awaiting environmental clearance for an expansion of Boronated Single Super Phosphate from 25000 MTPA to 75000 MTPA at Udaipur in Rajasthan. The company is also planning to set up a new unit of Zincated Single Super Phosphate with a capacity 75000 MTPA. The equipment requirements are Cranes, Hoppers, Feeders, Conveyors, Valves, Grinding Mills, Tanks, Separators, Pumps, ID Fans, Collectors, Generators, Mixers, Dens, Scrubbers, Screens, Mills, Elevators, Drums, Furnaces, Cyclones, Blowers, Belts, Weighing machines and more. The proposal for an environmental clearance is likely to be elicited in February 2018. 8Project Event: RFQ for contractor is likely to be released in Q1 2018 Click here for more informationDetails
There is now an increasing expectation that India is likely to see the biggest surge in oil & gas capex ever. 8And this surge is expected to be not just larger but is expected to last longer 8Around $50 billion in consultancy awards are expected within the next 12-24 months 8Our project monitoring tools are best placed to capture this massive increase in capex 8Click on Reports for more. Also call out marketing executives to find out more about how we can provide the most comprehensive coverage ever of where and how to capture these upcoming business opportunities. Designated analysts will provide you live support five days a week in your quest to make the best out of this capex upsurge. Click on Report for more.Details
RFQs are going to fly thick and fast for the Rs 43,000 crore, 9 MMTPA Barmer refinery. 8The project economics have been spruced up, pushing the IRR to 12.2% instead of a mere 6.32% when it was first envisaged. 8Tenders worth around Rs 50 crore have already been awarded for pre-project activities. 8Expect more to come out Click on Reports to find out more
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How much advantage will the freshly commissioned $ 4.5 billion off-gas cracker at Jamnagar provide RIL? 8What is the in-situ cost of around 4.5 mmscmd of gas production from the cracker? 8How competitive is this cracker compared to crackers in the Gulf and the US, where the cost of gas is low? 8And what kind of return is envisaged from the $5 billion ethane import programme from the US? Click on Reports for more
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There is good news coming in for offshore E&P equipment and service providers 8Latest data shows the rig count was higher, though by only 2%. Importantly, an upsurge is expected going ahead. 8Meanwhile, nominal capital expenditure volumes will bottom out this year 8And from then on, the forecast is that capex will grow at a galloping 10% CAGR right up to 2027 8Already, offshore project sanctions have doubled in 2017 in relation to 2016 levels. 8For now, equipment and service suppliers just need to wait out the current trough before the party begins. 8Bulk of the orders for offshore work by ONGC for the KG-DWN-98/2 will be able to catch the downturn but prices are likely to firm up sooner than expected. Click on Reports for more
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Rig utilization levels have already bottomed out in late 2016 8But how quickly will an upturn emerge? 8A lot will depend on the rate of retirement of old rigs 8Also roll out of uncontracted newbuilds will be delayed further 8Then again, quite a few newbuilds are unlikely to join the global fleet. 8What are the relevant trend these days in the rig market? are they towards well capitalized players with high spec rigs? 8The point to note is that some rig owners are making money even in these complicated times. Find out more. Click on Report.
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The gas-based power market is slowing down dramatically even though research agencies continue to forecast a big role for gas in this segment. 8Nothing illustrates this case better than to see it through the prism of gas-based turbine manufacturers than through the eyes of a researcher. Click on Reports for more
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8Is there a relationship between gold and oil prices in India? Find our more. Click on Report. 8Some states are coming out with their own electric vehicles policies to attract potential investors. Find our how they are doing it. Click on Report for more. 8The gen set market in India has slowed down dramatically but can market leader Cummins still stage a comeback? Click on Report for more. 8Find the latest US drilling productivity report by the EIA. Click on Report for more. 8GAIL is setting up a pipeline technology institute. Find out more. Click on Report. 8The crude market is likely to witness a bearish tilt given the extreme overbought technical condition. Find out what this line of argument seems to suggest.Click on Report for more. Details
For reference purposes the website carries here the following tenders: 8Carrying out Civil Works for BS-VI enabling activities inside refinery Details 8Supply of XC Polymer-Dispensible (XCD) Details 8Procurement of Tubing and Seamless Steel for Rajasthan Project Details 8Supply of Steam Generator for CSS Pilot in Lanwa Field of Mehsana Asset Details 8Carrying out Inspection and certification of Horton Spheres and Mounded Bullets in refinery Details 8Supply of LPG and Propane Unloading/ Loading Arms to various LPG Bottling Plants/ Terminals Details 8Supply and Installation of Vibration cum Bearing Condition AnalyzerDetails 8Refrigerated Double Walled Metallic pipe-in-pipe Cold Insulated Pipeline System for LPG Import Terminal Facilities ProjectDetails 8Procurement of Level TransmittersDetails 8Agency for Skilled assistance in various Inspection and NDT jobs at refineryDetails 8Supply of spares of gas chromatogram facility installed at DPPL Panipat and NFL PanipatDetails 8Carrying out HDD Works of unlisted crossings and associated works for KKBMPL PH-II ProjectDetails 8Procurement of Pipes as per tender specification at refineryDetails 8Hiring of agency for Surge Analysis of VSPLDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Oil spill disasters over the past five decades Details 8Noble Group sells power, gas unit to Mercuria for $168 mln, less than planned Details 8Anup Vikal joins Essar Oil as CFO Details 8Akzo and Gasunie plan to build Europe's largest green hydrogen plant Details 8CIL shares jump over 8 per cent on hike in non-coking fuel price Details 8New catalyst can create hydrocarbon fuels from methane in shale gas Details 8Norway's oil industry to boost staffing in coming years -energy minister Details 8Reliance Infra moves regulator for transfer of Mumbai business to Adani Details 8Oil Minister Pradhan joins political fight claiming credit for Barmer refinery Details 8Crude oil rises above $68 per barrel for first time since May 2015 Details 8India wants GAIL to focus on building gas pipelines: Oil Minister Pradhan Details 8Vasundhara Raje govt to save Rs 40,000 crore with reworked refinery deal: Pradhan Details 8City consumers not receiving LPG subsidy for months Details 8OIL planning seismic data acquisition Details 8Narendra Modi to push for investments in India at WEF summit in Davos Details 8Stone Story: Dharmendra Pradhan clears air on oil refinery Details 8Higher crude oil prices mean higher product prices: IOC chairman Sanjiv Singh Details 8GAIL to lay pipeline, marketing can be done by anyone: Dharmendra Pradhan Details You can also click on Newsclips for moreDetails
8Project Name: Group Gathering Station 8Project Cost: Rs 100 crore. 8Project Description: Promoter is planning construction of a Group Gathering Station. The GGS will be used for the collection of crude and onward dispatch to the CTF. No treatment except for heating will be done at the GGS. The water co-produced with the crude oil will be dispatched to the CTF along with the crude. The facility will comprise of the following equipment: Inlet Manifold, Group Separator, Test Separator, Gas Scrubber, Bath Heater, Oil Storage Tanks, Test Tanks, Oil Dispatch Pump, Flare System-Comprising Flare Head, KOD, Stack, FFG, CBD system, DG set, Steel Tank, Filter Feed Pumps, Filter System and Back Wash System, Chemical Injection System, Water Injection Pumps. The project work would be executed by promoter. The project has been delayed due to the reason that promoter had listed the GGS as a standalone facility. But now the issue is resolved as promoter has submitted a corrected version to the environment ministry. Further the Civil tender for the project is already out as predicted by us. Further RFQs are expected shortly. 8Project Event: RFQ for the mechanical equipment is expected by February end 2018. RFQ for the electrical equipment is expected by March end 2018. 8Expenditure Approval: Q2:2015 8RFQ Date: Feb/2018 8Release Date: Mar/2018 8Start Date: Q2/2018 8Completion Date: Q4/2019. Click here for more details 8Project Name: Solar Block Integration. 8Project Cost: Rs 50 crore. 8Project Description: Promoteris planning to install a Solar Heating System for heating Well Fluid to supplement or replace conventional fuel requirement for heating applications at Bath Heater (BH) and Heater Treater. The project will involve the integration of the GGS with the Solar Block using the heat exchanger mechanism for transfer of heat. PMC for the project has already been hired. Currently, pre-feasibility studies for the project have been completed. Moreover, a slight delay has occurred in project RFQs. Further RFQs are expected shortly. 8Project Event: RFQs for hiring LSTK contractor are expected by March 2018. 8Expenditure Approval: Nov/2017 8RFQ Date: Mar/2018 8Release Date: Apr/2018 8Start Date: Q4/2018 8Completion Date: Q4/2019 Click here for more informationDetails
8Project Name:Refinery Greenfield Ethylene Recovery Unit Project 8Project Cost: Rs 3800 Crore 8Project Description: An existing company along with EPCM contractor and licensor is carrying out engineering activities to construct an Ethylene Recovery Unit with a capacity of 332 KTPA at its refinery. RFQ for the equipment is already out. 8Project Event: RFQ for structural steelwork is expected by March 2018. 8Expenditure Approval: Q4:2016 8RFQ Date: Mar/2018 8Release Date: Apr/2018 8Start Date: Q3:2017 8Completion Date: Q3:2020 Click here for more detail. 8Project Name:Refinery BS-VI Diesel Hydrotreater Upgradation 8Project Cost: Rs 1100 Crore 8Project Description: An existing company along with EPCM contractor and licensor is planning to install a new Diesel Hydrotreater Unit (DHDT) of 1.9 MMTPA and a Hydrogen Generation (HGU) Unit of 22 KTPA to produce BS-VI High-Speed Diesel in its refinery. RFQ for the equipment is already out. 8Project Event: RFQ for civil and structural work is expected by March 2018. 8Expenditure Approval: Q1:2017 8RFQ Date: Mar/2018 8Release Date: Apr/2018 8Start Date: Q2:2018 8Completion Date: Q1:2020 Click here for more detail.Details
8A full analysis of ports in India: plans, progress, potential and way forward. Click on Report for more. 8Get the full agenda of the energy storage conference in New Delhi. Click on Report for more. 8Details on ONGC solar chulha campaign. Click on Report for more. 8Western Australia’s total LNG export capacity will be 49.9 mtpa by mid-2018. Click on Report for more.
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Beyond the upstream sector, digitization is also transforming customer relationships. 8A new app now being piloted, enables motorists to pay for fuel using phones inside their cars. 8Another app is piloting, a platform which helps consumers find a workshop to service their car, view workshop ratings, book and pay for servicing the vehicle. 8Meanwhile, apps are now offering pilots and operators aviation fuel at the touch of a button at airports worldwide 8Then again, refining teams are now using sensors and drones to inspect infrastructure and digital systems for asset maintenance. 8New applications are now seeping into other segments of the energy sector. For example, wind turbines are now operated remotely, monitoring weather conditions, even a snake entering a sub station and tripping a breaker. Predictive maintenance services are now being offered for wind turbines. Click on Reports for more
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One oil and gas expert developed an algorithm that distinguishes different types of sound, like a music app that can pick out classical music from sufi. 8This algorithm recognises the sound of sand entering a well, potentially constraining oil production. 8It is being used to pinpoint precisely where sand enters. 8Engineers can then patch it and restore production. 8The point to note is that it is impossible to know where the journey will end. 8Eventually artificial intelligence will step in, wherein machines may entirely replace human engineers, when logarithms go beyond conventional artificial intelligence to autonomous reasoning and decision-making. Click on Reports for more
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There are now softwares that can do millions of calculations on oil field equipment such as christmas trees, manifolds, separators, compressors and other components 8This helps engineering team to spot excursions from normal operating limits. 8Previously those same engineers would spend hours collating and studying the data for such excursions. 8This data is now available immediately on a user-friendly, colour-coded, web interface. 8The time saved can be used to run analytics and attend to equipment or processes that might need attention. 8The next step will be to identify not only excursions but anomalies that could lead to excursions - enabling engineers to identify operational performance issues and intervene before they become significant. 8Engineering would then be all about actions – redesigning, reprogramming, fixing and improving things, rather than looking for or struggling with data and making meaning out of it. Click on Reports for more
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Big data, algorithms and analytics seem to be already dramatically transforming how oil & gas companies work with rigs, platforms, refineries, and other assets - as well as the people who operate them. 8The oil & gas business has become a margin business and big data analytics seems to be providing the much-needed competitive edge. 8And as artificial intelligence, robotics and other technologies develop, the world is already seeing a competitive gulf appear between those who exploit these tools and those who do not. 8Big oil companies are creating large data lakes of data on drilling wells, operations and other parameters which their employees can tap into 8These lakes stores petabytes (PB) of data, with some big companies storing as much as a billion new records added each day 8A new logarithm by an employee allowed an oil major to see through layers of salt to uncover a new "field in a field" - holding 200mn barrels of oil. 8Start-up process in oil and gas fields are now becoming paperless, with information exchanged on computers and tablets. It was collaborative, with offshore personnel working in real-time with engineers onshore and in headquarters. Click on Reports for more
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Is it possible to find out how gas producers in India are curbing methane emissions in India? 8There is an urgent need for Indian policy makers to have something like what EPA's Greenhouse Gas Reporting Program (GHGRP). 8For every gas producers, it will then be possible to manually collect production data from their annual reports 8And then use empirical models such as Data Envelopment Analysis (DEA)and the Malmquist index measurement matrix to capture carbon emissions over time 8There is no reasons why the Indian government cannot put together a superstructure to catch this kind of data 8For sustainable development, oil & gas producers will need to bring down their emissions footprints and there must be a mechanism to capture such movements. Click on Reports for more
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India's highly sensitive gas markets are not likely to react well to high gas prices. 8Demand growth may suffer and if furnace owners have dual-use facilities, they will switch to cheaper liquid fuels if prices stay lower than imported LNG. 8The website carries here a demand elasticity analysis of the Indian gas sector for further insights on how high gas prices lead to demand destruction. Click on Reports for more
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Did GAIL make a mistake going through a swap for its US cargos? 8The sharp rise in Asian LNG prices will mean that GAIL would have been better off not swapping its Henry Hub indexed gas offtake commitments with oil indexed deliveries for Asia and India. 8GAIL had panicked over the onerous task of offtaking from its US commitments to supply to India because of the adverse price differential as prices were ranging low when the swap decisions were taken. 8Clearly, the chickens have come home to roost now Click on Reports for more
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Spot LNG prices rose to highs not seen since November 2014 on strong demand as a cold snap stimulated consumption in China, Japan and elsewhere. 8 India has also launched fresh purchase tenders 8Spot prices for February delivery steadied at $11.30/mmbtu of late. 8These are high prices in India 8Given high demand, gas prices are unlikely to show softness in 2018. 8This is buttressed by Australia's chief economist who said that the country's LNG on a FOB basis will be relatively stable in in 2018-2019 (July-June) after rising from the 2016-2017 period. 8The country's LNG export unit value is forecast to average $7.2/MMBtu in 2018-2019, compared to an expected $7.3/MMBtu in the current period, and up from $6.6/MMBtu in 2016-2017. Click on Report for more.
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Ammonia-Urea Energy Saving Project 8Cost - Rs 217 Crore 8Project Description: Thermax, Mitsubishi Hitachi Power Systems India Private Limited, Tata Power and BHEL are in the race for an energy saving project of National Fertilizer Ltd at its Panipat Fertilizer Complex in Haryana.The project consultant is PDIL. There is a requirement for Compressor, Gas Turbine, Air Intake System, Filters, Centrifugal Fans, Pumps, HRSG and its Auxiliaries, Heat Exchanger Shell and Tube, Pressure Vessel, Dosing Pump, Motorised Agitator, Generator, Excitation System, Relay Panels, Generator Control Panels, 11KV Switch Gear, 3.3 KV Switch Gear, DC System, Battery Charger, 11KV/ 11.5KV Generator Transformer,11KV /3.3KV Transformer, 11KV /415V Transformer, Low Voltage Switch Gear, HV Motors, Control Panels, Neutral Earthing Resistor, Light fitting of each Type & Rating, Fire Detecting System, LV Motors, PA Systems, Capacitor bank, LCS, Annunciator panel, Load Management System, EOT Crane, Instrument Items and more. The proposal for an environmental clearance has returned due to lack of information of Gas turbine. 8Project Event: The price bid was opened in December 2017 and evaluation process is going on, finalization is due in February 2018. Click here for more information Phosphoric acid Expansion Project 8Cost - Rs 130 Crore 8Project Description: A Fertilizer Company is awaiting environmental clearance for an expansion of its Phosphoric acid unit capacity from 125,000 MTPA to 216,000 MTPA at Tuticorin, Tamilnadu. The equipment requirements are Storage Systems, Soda Ash Silos, Rotary Dryers, Grinding Unit, Ball Mill, Mixing Tanks, Blending Unit, Wet Scrubber Unit, Venturi Scrubber Unit, Cyclone System, Air Pollution Control System, Vibro Shifter, Screens and Sieves, Conveyors, among others. The proposal for an environmental clearance was accepted in December 2017. 8Project Event: RFQ for the EPC contractor is likely to be released in March 2018Details
For reference purposes the website carries here the following tenders: 8Supply of Caustic Soda Lye in refinery Details 8Hiring of services for Operation and Maintenance of Workover Rigs of OIL for a period of four years Details 8Procurement of Well Head Assembly for Vertical Well for CSS comprising of Casing Head Assembly, Tubing Spool Assembly and X Mas Tree Details 8Procurement of Ammonium Poly Sulphide for Refinery and Petrochemical Complex Details 8Supply of Protective Maintenance Coating at Geleky, RDS, Demulgaon and CTF-Moran installation of Assam Asset Details 8Carrying out Civil Works in Well Site for Work Over Rig Operations Details 8Corrigendum: Contract of Hiring of Services for Environmental Clearances and Onsite Environmental Monitoring during drilling activities in CB-ONN-2010/1 BlockDetails 8Repair and Maintenance of Civil works in unit areas of Panipat Naphtha CrackerDetails 8Supply and Installation of On-line Gas Detection SystemDetails 8Reconditioning of valves installed in suction and discharge of MSQ NET-GAS compressor at refineryDetails 8Carrying out CIPS On-Off, CAT and DCVG Survey along JLPL and its Spur PipelinesDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Israel's Delek Group partners in Gulf of Mexico oil and gas drilling Details 8OPEC won't react to small, short-lived oil supply disruptions: senior OPEC source Details 8PM Modi to meet economists, sectoral experts on January 10 Details 8Task force to study feasibility of making methanol from coal Details 8ONGC solar chulha campaign, a step towards clean household cooking Details 8U.S. offers drillers nearly all offshore waters, but focus is on eastern Gulf Details 8OPINION: India's economy faces an ominous new year in 2018 Details 8U.S. oilfield service firms dust off IPO plans as crude prices surge Details 8New hydrocarbon projects likely to boost RIL’s core earnings growth Details 8Essar Ports completes Rs 2,800cr investment in Salaya, Vizag Details 8Hotels unaware that used cooking oil can yield biodiesel Details 8Union Budget 2018 will not be populist: NITI Aayog VC Rajiv Kumar Details 8China oil spill sparks environmental disaster fears Details 8Rs 5500 Cr gas pipeline project fails to take off, J&K govt baffled Details 8IOCL Recruitment 2018 Barauni Refinery Bihar: 58 Posts, apply before Jan 20 Details 8Old, new players divided over enhanced oil recovery policy Details 8Forget phone and SMS, now book LPG cylinders through Facebook, Twitter Details 8ONGC Mittal Energy, trading arm to shut operations Details 8Back to petroleum? Major oil companies cautious on renewables Details 8Waste to wealth: Hunt for bioenergy in Loktak's invasive plants Details You can also click on Newsclips for moreDetails
8Project Name: Refinery BS-VI Greenfield Project 8Project Cost: Rs 513 Crore 8Project Description: An existing company along with EPC contractor and licensor is planning to construct an IndselectG unit with a capacity of 80 KTPA to reduce sulphur from the indmax light gasoline and coker gasoline for making MS components to meet BS-VI MS pool specification at its refinery. RFQ for the equipment is already out. Tendering process for the equipment is going on. 8Project Event: RFQ for civil work is expected by March 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Mar/2018 8Release Date: Apr/2018 8Start Date: Q2:2018 8Completion Date: Q1:2021 Click here for more details. 8Project Name: Greenfield POL Terminal Project 8Project Cost: Rs 432 Crore 8Project Description: An existing company is planning to install a POL terminal with a capacity of 29170 KL. 8Project Event: RFQ for the consultant of preparing DFR is expected by February 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Feb/2018 8Release Date: Mar/2018 8Start Date: Q3:2018 8Completion Date: Q3:2020 Click here for more details. 8Project Name: Oil Field Development. 8Project Cost: Rs 200 crore. 8Project Description: Promoter is planning the development of an oilfield. The block was awarded to the company under the Discovered Small Fields Round 2016. The project involves development drilling of oil wells and laying of an infield pipeline to connect with the nearest production facility. Currently, the project is in pre-clearance phase. Production from the block is expected to start by the end of 2020. Further RFQs are expected shortly. 8Project Event: RFQs for hiring consultant for oilfield analysis is expected by Mar 2018. RFQs for hiring services for rigs and other oilfield services are expected by May 2018. 8Expenditure Approval: Q4/2017. 8RFQ Date: Mar/2018. 8Release Date: Apr/2018. 8Start Date: Q2/2019. 8Completion Date: Q4/2021. Click here for more details 8Project Name: Oil Field Development. 8Project Cost: Rs 500 crore 8Project Description: Promoteris planning the development of an offshore field block. The project involves drilling of oil wells, installation of one wellhead platform and laying of a pipeline. Currently, the project is in clearance stage. The whole project is expected to be executed by lump sum Integrated Project Mangement consultant through an Engineering Procurement Installation and commissioning model. A slight delay is expected in project RFQ. Further RFQs for the project are expected shortly. 8Project Event: RFQs for hiring IPM consultant and EPIC contractor are expected by March 2018. 8Expenditure Approval: Q2/2016. 8RFQ Date: Mar/2018. 8Release Date: Apr/2018. 8Start Date: Q2/2019. 8Completion Date: Q2/2021. Click here for more informationDetails
8Project Name: Gas Turbine Power Station Project- O&M supply 8Project Cost: 12 crores 8Project Description: The owner is planning to carry out a combustion inspection in the 101 MW Gas Turbine Power Station. The combustion inspection is carried out at every 8000 hours of operation and covers the fuel nozzle, assemblies, combustion liners, cross fire tubes and retainers in the combustion chamber and subsequent replacement of damaged parts if any. The owner will come out with a bid for combustion inspection activities after getting appraisal from the TNEB board headquarters. 8Project Event: RFQ for combustion inspection is expected by February 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Feb/2018 8Release Date: Mar/2018 8Start Date: Apr/2018 8Completion Date: Jun/2018 Click here for more information 8Project Name: Hydro Power Station Maintenance Project (Unit -1) 8Project Cost: 20 crores 8Project Description: The owner has planned a 30-day scheduled maintenance of Unit-1 (66 MW) in the 396 MW (6*66 MW) Hydro Power Station, covering half yearly maintenance works which includes overhauling of auxiliary parts of the turbine and its blade sets, seals, and the oil cooling unit. 8Equipment required will be parts that may be needed after inspection in the runner of blades, if any, turbine bearings, gland seals, spiral casing as well as cleaning and replacement of oil cooler and the inspection and replacement of the water conduit system, among others. 8Project Event: RFQ for equipment required is expected by February 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: Feb/2018 8Release Date: Feb/2018 8Start Date: 3/Mar/2018 8Completion Date: 2/Apr/2018 Click here for more informationDetails
8Nuclear power plants are used only for electricity generation so far. But a new generation of plants are coming up which can be used for diverse purposes, such as desalination of water or heating or hydrogen co-generation. Click on Reports for more. 8Despite the economic blockade by its neigbhours, Qatar seems to be thriving. Find out more.Click on Reports. 8Get the latest maritime security review report. Click on Reports for more. 8Bangladesh seems to be pushing its LNG agenda with a great amount of speed. Given inadequate domestic gas production, LNG seems to be a way out. Realistically however, the market is smaller than it was thought earlier. Find out more. Click on Report 8Bribery by foreign companies to Indian officials has been in the limelight in 2017. Find out more. Click on Report . 8Business confidence in advanced countries have risen higher than those in developing countries. Find out more.Click on Report. 8Given the huge demand for electric vehicles in India against the stated goal of going all electric by 2030, India should emerge as a hub for battery technology and electric cars. But has it lost the race already? Know more. Click on Report. 8Find out more on an international pump manufacturer who is looking to establish a stronger footprint in India. Know more. Click on Report 8Welspun continues to look for new markets globally for its pipes. Click on Reports for more
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>ONGC readying a total of 20 E&P projects worth Rs 80,000 crore whose target completion dates begin from January this year and goes on to May 2036 The data is given in terms 8Name of the project 8Project cost 8Peak production 8Oil recovery 8Gas recovery 8O&G recovery 8Target completion date RFQs for quite of a few of these projects are going to to come up, and our project monitoring website should be giving you multi-parameter feeds on key contacts, project details and future RFQs. Click on Reports for more Details
How is ONGC's HPCL takeover shaping up? 8What will be the eventual price that will be paid and how will it impact the company 8How much will ONGC have to "overpay" for the takeover? 8ONGC will have to go on a borrowing spree after paying $1.2bn for the GSPC block to acquire HPCL Click on Reports for more
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Find out more about what is the latest beak-even production curve from different E&P asset classes at different price levels 8The production data is shown going up to 2022 8Data shows that even expensive oil sands production can contribute significantly if oil prices were to cross the $60/bbl mark Click on Reports for more
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The jack-up rig market hit a historic low in July 2016 in terms of contracted rigs 8The markets currently are off these lows, and the number of rigs contracts seems to be on an upward trend 8In prior downturns, oil prices tend to bottom out long before rig count trough (6-12 months) 8How is it different now? Click on Reports for more
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Find out more on how one jackup rig operators has been able to buy fresh rigs at rock bottom prices 8Rig prices are at their lowest levels 8The trick seems to be to acquire low and then successfully get them deployed at very competitive pricing. Click on Reports on how the rig market still provides value to astute players
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For reference purposes the website carries here the following tenders: 8Supply of Wellhead/ X-mas Tree Items and Inspection, Testing, Repair/ Maintenance services of Well Heads, Gate valves & X-Mas Tree for Onshore Blocks Details 8Corrigendum: Procurement of GI Fittings Details 8Procurement of Transparent Type Level Gauges for GAIL Pata Details 8Supply of 2D Gas Chromatography with Sulfur ChemiLuminescence Detector and Flame Ionization Detector with Thermal Modulator Details 8Carrying out PCP works of mainline section and underground pipelines at Patna, Motihari, Baitalpur and Siwan station under PMBPL Project Details 8Carrying out Permanent Cathodic Protection works for Mainline under PHDPL-AUG Project Details 8Supply and Commissioning of Telecom system, comprising SDH Equipment, CCTV system, EPABX system, Audio conferencing system in Koyali Ahmednagar Solapur PipelineDetails 8Repair and Maintenance of Refractory works at various units of refineryDetails 8Procurement of Gas Turbine Spares for refineryDetails 8Supply of CS Pipes for refineryDetails 8Providing additional pile supports for existing Crude lineDetails 8Coat and Wrap Refurbishment of Mainline Pipeline with Cold Applied TapeDetails 8Providing services for oily sludge processing in refineryDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Union Budget 2018 on February 1, Budget session to begin on January 29 Details 8Bromance to break-up: 4 ways the Opec deal could end early Details 8OPINION: U.S. shale returns to growth, posing problem for OPEC- Kemp Details 8Global LNG spot prices rise as cold weather strikes, India buys Details 8How a new govt division plans to reduce India’s logistics cost to less than 10% of GDP Details 8Oil industry created benchmark in environment conservation: Pradhan Details 8China bans steel exports, limits crude oil supply to North Korea Details 8India planning to offer sops to raise methanol output from coal Details 8Aban Offshore promoters offer $600 million one-time settlement to lenders Details 8Indian Oil, others may ask banks to halve card transaction charges Details 8Indian companies seek additional two months to start drilling for gas in Bay of Bengal Details 8Central Govt saved $15 Bn on Energy Subsidies; Fossil Fuels still largest beneficiaries Details 8A statistical boost to growth in Indian economy Details 8Vietnam tries former oil executives in widened crackdown against corruption Details 8Algeria's Sonatrach may invest in Iraq oil and gas -Iraqi oil minister Details 8Oil prices edge up on lower U.S. rig count, but below recent highs Details You can also click on Newsclips for moreDetails
8Project Name: Hydro Power Station Maintenance Project (Unit - 1) 8Project Cost: 12 crores 8Project Description: The owner has planned a 4-day scheduled maintenance of Unit-1 (27.99 MW) in the 77.65 MW Hydro Power Station, covering half yearly maintenance works which includes overhauling of auxiliary parts of the turbine and its blade sets, seals, and the oil cooling unit. 8Equipment required will be parts pertaining to runner of blades, if any, turbine bearings, gland seals, spiral casing, among others. 8Project Event: RFQ for equipment is expected by February 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: Feb/2018 8Release Date: Mar/2018 8Start Date: 26/Mar/2018 8Completion Date: 29/Mar/2018 Click here for more information 8Project Name: Thermal Power Plant - Dismantling 8Project Cost: 80 crores 8Project Description: The developer is planning to retire and dismantle Units 1 and 2 (2*110 MW) of it's 440 MW (4*110 MW) thermal power plant. At present, the consultant is working on the feasibility study. As of now, these four units have already been shut down since September, 2017 due to low schedule and inability to meet the minimum environmental and emission norms. RFQs for civil work and dismantling services of various equipment are expected by the Q3 2018. The other two units are in proposal to be sold in an auction. The owner is planning to set up a 100 MW solar power plant for which EoI has already been floated. 8The major requirement will be cranes, dozers, dismantling services for electrical, mechanical and control and instrumentation (C&I) equipment, onsite inspection, inventorying, segregation and estimation among others. 8Project Event: RFQ for dismantling services of various equipment is expected by Q3 2018. 8Expenditure Approval: Feb/2018 8RFQ Date: Q3:2018 8Release Date: Q4:2018 8Start Date: Q1:2019 8Completion Date: Q2:2020 Click here for more informationDetails
8Project Name:RFQs in April instead of January, 2018 for Offshore Field Development. 8Project Cost: Rs 400 crore. 8Project Description: Promoter is planning the development of an Offshore Field. The project involves drilling of 2 wells, installation of one wellhead platform and laying of 4-inch 10km pipeline. Currently, the project is in clearance stage. The whole project is expected to be executed by lump sum Integrated Project Mangement consultant and Engineering Procurement Installation and commisioning model. A slight delay is expected from company's end regarding project RFQs. Further RFQs for the project are expected shortly. 8Project Event:RFQs for hiring IPM consultant and EPIC contractor is expected by April 2018 instead of January 2018. 8Expenditure Approval: Q2:2016 8RFQ Date: Apr/2018 8Release Date: May/2018 8Start Date: Q1/2021 8Completion Date: Q2/2022 Click here for more details 8Project Name:RFQ for Captive Solar Power Unit in March instead of January, 2018. 8Project Cost: Rs 25 crore 8Project Description: Promoteris planning the installation of a 5MW captive Solar Power Unit. Currently, the project is in initial stage. As of now feasibility report for the project has not been prepared. The project will involve installation of solar panels and other power generation units in the existing premises of the promoter for an overall power generation of 5 MW. The project will have to be executed on turnkey basis. Further RFQs for the project are expected shortly. 8Project Event: RFQ for hiring the LSTK contractor for the project is expected by March 2018 instead of January 2018. 8Expenditure Approval: Nov/2017 8RFQ Date: Mar/2017 8Release Date: Apr/2018 8Start Date: Jun/2018 8Completion Date: Q1/2019 Click here for more information 8Project Name:Delay in environment clearance for Greenfield 2G Bio-Refinery. Site work only after June. 8Project Cost: Rs 600 Crore 8Project Description: An existing company along with EPC contractor and licensor is planning to construct an ethanol plant based on the DBT-ICT 2G Ethanol technology developed indigenously to produce 100KL fuel-grade ethanol per day, primarily from biomass and will use approximately 450 tons of biomass per day. A delay is expected in the requirement of equipment due to delay in environmental clearance. Now environmental clearance is expected by June 2018. 8Project Event: RFQ for long lead items is expected by March 2018. 8Expenditure Approval: Q1:2017 8RFQ Date: Mar/2018 8Release Date: Apr/2018 8Start Date: Q2:2018 8Completion Date: Q1:2021 Click here for more details. 8Project Name: Pipeline Greenfield Project 8Project Cost: Rs 1542 Crore 8Project Description: An existing company is planning to construct a multi-product pipeline from one Dispatch Terminal to another POL terminal with a capacity of 2.78 MMTPA. At present selection of EPCM contractor is going on. RFQ for the equipment will be out after the selection of EPCM contractor. 8Project Event: RFQ for the equipment is expected by March 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Mar/2018 8Release Date: May/2018 8Start Date: Q2:2018 8Completion Date: Q2:2021 Click here for more details.Details
8Oil prices may not go higher. Oil prices are on a high on strong demand and ongoing efforts led by OPEC and Russia to curb production tightened the market. Despite this, there were indicators that markets had overshot in the last days of 2017 and trading this year, as U.S. production is set to rise further and doubts are emerging about whether demand growth can continue at current levels. It is just a matter of time before US hits the 10 million barrels per day mark. Also there are some concerns about the Chinese economy in 2018. The straight projections is that by end 2018 Brent crude will be at $60 per barrel with WTI three dollars lower at $57 per barrel. Click on Report for more. 8BHEL has drawn up big plans to get into the e-mobility solutions area. It is looking at state transport undertaking as a target. The company is willing to work from feasibility studies to vehicle management and is looking at a strategic partner. Click on Report for more. 8India is pushing for hybrid battery-methanol cars instead of pure battery operated cars and one of the reasons is because of fear of China. Find out how this logic works on the Indian policy planner's mind. Click on Report for more. 8Tribunal decision. A recent tribunal decision has restored an earlier order that did not allow a oil & gas contractor to seek a tax exemption on income arising out of procurement of offshore equipment. Click on Report for more. 8IOC is looking for hiring brokers for hiring ships. Click on Report for more. 8Niti Ayog: Find out what is has done over three years. Click on Report for more.
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Segment-wise gas demand is expected to change significantly between 2017 and 2040 8Refining and domestic gas demand are meant to be lower 8Power generation share will go up, contrary to what is believed. 8Unlike in other countries, the newest projections show coal generation making up a massive 73% of the total power generated in 2040, down only 1% from now 8The share of gas-based power generation will shrink from 5% currently to a mere 3% 8Despite all the hype, the share of renewables will be up only 8% to 14% in India's total power generation by 2040 8The data makes for very interesting reading for the oil & gas sector planner Click on Reports for more
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The latest data shows India's gas demand growing at a CAGR of 3.9% between 2017-2040. 8Only China's demand grows at a faster pace of 4.8% 8But the differential in growth will mean that China's gas economy will be five times bigger than that of India by 2040. 8Over the next 23 years, it looks like India is not going to be in a position to plug this gap. 8Get the exact annual demand figures for India and China here, according to latest data and trends. Click on Reports for more
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Projections keeping changing on how gas prices are going to behave going ahead. 8The latest projections do not see any dip in Asian import prices at all despite the supply overhang 8Prices are slated to be around $7/mmbtu until 2020. 8After 2020, the projection is that import prices will rise to above $8/mmbtu, and steadily going up right up to 2040 8These are detailed projections under-pinned with a lot of data. 8The rising price curves will have favorable implications for the KG Basin gas producers, whose prices will be linked to import prices. 8ONGC's KG-DWN-98/2 output is expected to be break-even at well over $6/mmbtu but given the latest projections on import gas price behaviour, the company can expect to get a reasonable return on investment 8A recent tribunal decision has restored an earlier order that did not allow a oil & gas contractor to seek a tax exemption on income arising out of procurement of offshore equipment. Click on Reports for more
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CGD bidding has not been a success so far 8Since launch in 2008, we have seen eight rounds of CGD bidding so far – the last one is yet to be awarded completely. 8Of the 107 GAs that came up for bidding, only 51 have been awarded. 8The remaining bids were cancelled because of poor response or lack of proximity to existing gas network. 8Delays of as long as five years have been witnessed in award of GAs post launch of bidding round! Find out which companies are expected to gain most from the new rounds of bidding which are .Click on Report for more.
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A wholesale revamp of City Gas Distribution (CGD) bidding norms are expected now that the PNGRB is fully functional again. 8CGD bid rounds have not been a great success due to lack of speed, poor selection of geographical areas (GAs) and restrictive bid criteria. 8The government now want the PNGRB to bid out over 300 GAs. 8Find out what kind of reforms are to be carried out and how it is going to impact the sector 8A larger number of companies, particularly those with smaller balance sheets, will not be able to enter this sector. Click on Reports for more
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In a remote ONGC well location, drilling of a 3680-foot direction drilling programme, was completed a month before schedule using new technology. 8The drilling exercise was conducted on a hard abrasive surface where the earlier average penetration was only three feet and hour. Find out a combination of software and hardware tools which were employed to hurry up the drilling speed. Click on Reports.
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A few red flags have been raised against L&T which the company management needs to take heed of. 8Attrition rates are rising, going up from 10% four years ago to 18% currently, and employee morale is being impacted adversely. Labour strikes are becoming common 8L&T's fatality rate remains high 8There is a massive increase in unbilled revenues 8It is involved in the production of nuclear weapons and cluster munitions. Such products are opposed by arms control advocates and this may eventually hurt the company's interest 8Corruption cases can hurt the company. It has been banned by the World Bank for submitting forged certificates while the US Justice Department is investigating a foreign contract where L&T allegedly paid bribes. Click on Reports for more
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A massive expansion of capacity by Cairn India, from producing 300,000 BOPD to 4,00,000 BOPD, will bring in a lot of activity in the equipment and service providers market by end 2018 and early 2019. 8More details have come in. 8Find out more on what kind of facilities are being set up for augmentation of both and gas fields 8When are RFQs expected Click on Reports for more
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Sulphuric Acid Expansion Project 8Cost - Rs 100 Crore 8Project Description: A Fertilizer company is planning an expansion of its Sulphuric acid plant from 138700 MTPA to 219000 MTPA. Project The proposal for the environmental clearance was accepted in June 2017. The tender for an EPC contractor will be released after the clearance is elicited. The equipment requirements are Steam Turbine Generators, Economizers, Reheaters, Boilers, Sulphur Combustor, Drying Towers, Vapor Separators, Converters, Absorbers, Absorber Exchangers, Sulphur filters, Sulphuric Melting Tank, Motors, Pumps and more. 8Project Event: RFQ for the EPC contractor is likely to be released in Q1 2018. Click here for more information NPK-DAP Greenfield Project 8Cost - Rs 987 Crore 8Project Description: A Fertilizer Company is awaiting clearance for its greenfield DAP-NPK unit with a capacity 1000000 MTPA of DAP-NPK. The company is preparing a Detail Feasibility Report (DPR). The equipment requirements are Feeding hoppers, Electronic belt scales, Conveyors, Mixers, Crushers, Granulators, Dryers, Feeders, Coolers, Elevators, Blowers, Collectors, Towers, Chimneys, Drums, Bins, Screens and more. The proposal for an environmental clearance is likely to be submitted in February 2018. 8Project Event: RFQ for the EPC contractor is likely to be released in February 2018Details
For reference purposes the website carries here the following tenders: 8Transportation of Pressure Vessels Details 8Expert Supervision services during repair/ overhauling of FGRS Liquid Ring Compressor of Flare Area at refinery Details 8Hiring of services for conducting Hazard Identification Risk Assessment and Quantitative Risk Analysis of GAIL Gas Limited Details 8Procurement of Transparent Type Level Gauges Details 8Hiring of services for civil jobs for long term protection measures of Hydrocarbon Pipelines Details 8Expression of Interest for Shutdown Maintenance Works during shutdown Details 8Supply of Non Invasive Fluid AdditiveDetails 8Supply of Spares for Control Valves at refineryDetails 8Procurement of Studs at refineryDetails 8Mechanical hot and cold jobs comprising maintenance of Heat exchangers, columns vessels, reactor, furnace, piping, structural and other miscellaneous jobs during planned and unplanned shutdowns in FY 2018-19 at refineryDetails 8Carrying out Emergency Shutdown Maintenance Jobs at refinery Details 8Supply, Installation and Commissioning of PLC based Hot Air Sealing Machine at LPG Bottling PlantDetails 8Consultancy services for ISO certification of Devanagonthi LPG Bottling PlantDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Quest for new oil discoveries by top companies still on back burner Details 8U.S. shale producer Cabot Oil boosts dividend by 20 percent Details 8Russian natural gas exports to Europe hit all-time high in 2017 Details 8Indonesia to extend biodiesel subsidy to mining sector this year Details 8No benefit to people from oil money going to govt: Congress Details 8EU clears Greek auction scheme for renewable energy Details 8Incentives likely for companies to enhance output from ageing oil & gas fields Details 8Oil's not well, crude worry on horizon Details 8DNA Money Edit: Spurt in crude prices bad news for India Details 8Adani raises gas prices Details 8Trump administration to open most US waters to offshore oil drilling Details 8Blame China for higher CNG, PNG prices Details 8BSE to start bullion futures; metals, crude oil and natural gas to follow Details 8Crude oil prices at 2.5-year high Details You can also click on Newsclips for moreDetails
Some major global oil & gas industry majors are under investigation by US agencies for corruption and bribery cases, some of them pertaining to India. 8India figures prominently in the list of both previous and ongoing investigations. 8Tough US laws led to investigations not just of US-based companies but companies which have dealings with the US 8In most cases, the Indian agent route is misused to funnel illegal money to government officials. 8A prominent company under investigation is Rolls Royce. Click on Reports for a detailed list
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8Project Name: Hydro Power Station Maintenance Project (Unit - 5) 8Project Cost: 14 crores 8Project Description: The owner has planned a 20-day scheduled maintenance of Unit-5 (157 MW) in the 785 MW (5*157 MW) Hydro Power Station covering annual inspection and overhaul of equipment which includes overhauling of auxiliary parts of the turbine-generator set, bearing sets, seals, governor and oil cooling unit. 8Equipment required will be turbine bearings, gland seals, pipes, guide vanes seal, spiral casing, draft tube drain valve, among others. 8Project Event: RFQ for equipment is expected by mid January 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: 15/Jan/2018 8Release Date: Feb/2018 8Start Date: 12/Mar/2018 8Completion Date: 31/Mar/2018 Click here for more information 8Project Name: Greenfield Hydroelectric Power Station 8Project Cost: 600 crores 8Project Description: The developer is setting up a 60 MW (2*30 MW) hydroelectric power station. The Civil Package including barrage construction and construction of underground powerhouse was awarded to M/s Jaiprakash Associates Ltd. The hydro-mechanical package is currently under scrutiny. The electrical package including major electrical works like setting up of a substation, transmission lines, switchyard, control equipment etc is currently under the bidding process. Pre-construction activities are ongoing at the site. The owner will come out with an infra package comprising construction of office buildings and township soon. 8Project Event: RFQ for construction of township and office buildings is expected by March 2018. 8Expenditure Approval: Oct/2017 8RFQ Date: Mar/2018 8Release Date: May/2018 8Start Date: Q3:2018 8Completion Date: Q4:2022 Click here for more informationDetails