All content in this website is sourced legitimately

Archives

All the news items since the launch of our web site are preserved in the archive section. The archive entries are freely accessible to all the users.

Jan 2017

ONGC has deployed massive resources in development of KG Basin discoveries.
8With the acquisition of GSPC's asset, drilling activity is expected to intensify in the block
8In keeping with the investments that are in the offing, we have deployed a special team of analysts to keep track of the KG Basin investments
8The website carries here the latest developments in the KG-DWN-98/2
8Tenders for long lead items are being lined up.
Find out the latest updates for:
8Sub Sea Equipments and Pipeline
8Floating, Production, Storage and Offloading (FPSO)
Click on Details for more Details
Among the equipments for which requirements will be coming up are:
8Sub-sea drilling systems
8Sub-sea Christmas trees and wellhead systems
8Umbilical and riser systems
8Sub-sea manifolds and jumper systems
8Tie-in and Flow line systems
8Control systems
8Sub-sea installations
8Electrical power unita (EPU)
8Uninterruptible power supply (UPS)
8Hydraulic power unita (HPU)
8 Sub-sea Pressure Boosting Pumps
Click on Details for more Details
A bulk storage and bottling facility is coming up
8The investment cost is Rs 80 crore
8There was a hold-up in the environmental clearance
8It is now expected that clearance will be granted by March-April, 2017
Click on Details for more Details
A massive Rs 750 crore onland drilling programme for 40 development wells are coming up
8Work on site can begin once environmental clearance is granted
8Clearance is expected in Q-2, 2017
Click on Details to find out more Details
RFQs are expected to be floated in Q-2, 2017, soon after the environment clearance is granted
RFQs are to be floated for the following equipment and services:
8Rigs
8Casing Pipes
8Drilling Fluids
8Cementing Services
8Storage Tanks
8D.G Sets
8Mud Pumps
8Compressors
8Pipelines
8Infrastructure Facilities
Click on Details for more Details
RFQs for civil works for the first phase of a two phase refinery expansion are expected in March-April, 2017
8Environment clearance is expected within the next 8-9 months
8The project involves installation of a new CDU with a capacity of 3 MMTPA
Click on Details for more Details
Land preparation has begun for building storage tanks in a plot adjacent to an existing refinery
8The white oil storage capacity will eventually go up to several million tonnes
8RFQ will be floated for civil work by March, 2017
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8LSTK contract for construction of ETP at ADB GCS in Tripura Asset Details
8Supply installation of non intrusive online thickness monitoring system, Paradip Refinery Details
8Supply of Spares for Turbine Control System, Panipat Refinery Details
8Carrying out advanced NDT techniques at the weld joints of high alloy steel pipelines, Manali Refinery Details
8Annual Rate Contract for Tanker agency services for handling Time Charter Coastal and Foreign run Crude Vessels, Tamil Nadu Details
8Carrying out online calibration of storage tanks with M&I, Haldia Refinery Details
8Procurement of Methanol, Gujarat Refinery Details
8Carrying out 3D Seismic Data Acquisition and processing in Transition Zone, Vadodara Details
8Hiring of mobile drilling rig for Mehsana Asset and Rajahmundry Asset for a period of three years Details
8Procurement of Mobile drilling Rig for Cambay Asset Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:  
8Goldman sees mid-2017 Brent peak at $59 per barrel after Opec output cuts Details
8India’s oil demand growth will outpace China’s for the third year in a row Details
8Iran capitalises on OPEC crude oil cut to sell millions of barrels - sources Details 
8China takes global lead in renewable energy investments: IEEFA report Details
8Global LNG-Prices edge higher as returning production weighs Details
8North Asia's winter blast to raise January thermal coal, LNG consumption Details
8Bad news for fuel consumers: Get ready to pay more for petrol, diesel soon Details
8Petrol pumps threaten to stop accepting cards from Monday to protest banks' transaction fee Details 
8Not enough data to figure out demonetisation impact on GDP: TCA Anant, Chief statistician Details
8India, Portugal sign agreements in renewable energy, defence, agriculture, sports Details
8How accurate is the first advance GDP estimate for 2016-17? Details 
8Budget session of Parliament to begin from January 31, Eco Survey on same day Details
8Banks defer their decision to levy charges on card transactions in petrol pumps on cards till Friday Details
8ONGC close to solution for $800 million projects stuck post swiber crash Details
You can also click on Newsclips for more    Details
For reference purposes, the website carries here the industry-wise offtake data for gas
8The annual data is for the period 2005-06 till now and therefore provide interesting trends on how consumption has moved sectorally over time
8Given here is the consumption distribution percentage for every segment
8The CAGR for the period is 5.12%
8The data also gives state-wise consumption data for natural gas for the same period
Click on Reports for more Details
For reference purposes, the website carries here a set of four essays on the oil an gas sector outlook globally. All of them make for interesting reading:
8The Outlook for Asia’s Oil Market in a Lower-Price Environment  byAntoine Halff
8Asia: A Geopolitical Beneficiary of the New Energy Environment by Meghan L. O’Sullivan
8Asia’s LNG Prospects: Finally Entering a Golden Age by Leslie Palti-Guzman
8The Impact of Prolonged Low Energy Mix by Cecilia Tam and Muhamad Izham Abd. Shukor
Click on Reports for more Details
The future of the refining industry seems bright at this moment as disruptive technology such as electric cars and battery based power will only begin to bite at a later point in time. For now, deregulation, first-mover advantage and a growing market put the OMCs in a sweet spot as long as crude oil prices do not go through the roof.
8But there are also risks which are looming ahead.
And among them are:
8Rise in oil prices beyond USD60-65/bbl may bring deregulation of petrol, diesel and ongoing reforms in kero/LPG under pressure.
8Common carrier access to the product pipelines and other marketing infrastructure of the OMCs could lead to much faster penetration of non-OMCs into fuel retailing.
8The government has been pushing the OMCs to take on large volumes of investments in non-core segments and this may result in in capital misallocation.
Click on Reports for more Details
Refineries have hit a sweet spot because of the right juxtaposition of circumstances. Here are some of the reasons:
8Low marketing margin to keep competition at bay
 Initial expectation post diesel deregulation in 2014 was that marketing margins would expand. However, the OMCs have deliberately kept marketing margins low to prevent competition from non-OMCs.
8It is going to be a consumption led story
Expect strong growth in petrol and diesel consumption
8IOC is on top of the rung
Among other downstream players, find out why IOC is ahead of the pack and how Paradeep Refinery will eat into the market share of the others
8Fuel retail outlet economics challenging at low volumes
At an all-India level, average monthly fuel volume stood at ~170KLPM and the estimate is that of an RoIC of ~12% at these volumes.
8OMCs continue dominating marketing infrastructure
 Low marketing margins would prevent any meaningful competition and OMCs are deliberately keeping margins down to keep competition at bay
8GRMs may be hit
The lobal glut in refining will expand by 2.2mbopd over 2016-21. In the short term too, the expiry of Chinese tax breaks on smaller vehicles, along with high petrol inventory and the end of driving season in the US, will dampen benchmark cracks.
8OMCs improve their operating leverage
Led by several process-efficiency projects, the OMCs have been able to increase the distillate yield.
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Permanent Cathodic Protection works of mainline section and underground pipelines under Jaipur Panipat Naptha Pipeline Project Details
8Supply of HFRR Low/ High Lubricity Ref. Fuel, Panipat Refinery Details
8Supply of Flowserve Seal Spares, Barauni Refinery Details
8Procurement of Pneumatic Actuator Spares, Haldia Oil RefineryDetails
8Preparation of terminal drawings for Cauvery Basin Details
8Service contract for chemicals and materials handling in GCU-1 & GCU-2 plants, Pata Details
8Procurement of Tri-Sodium Phosphate, Pata Details
8Hiring of contract services for Hazop Study of various units of GAIL, Pata Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:  
8Lebanese government approves key gas, oil drilling decrees Details
8Mongolia to build oil refinery from India's $1 billion credit Details
8Saudi Aramco explores Feb oil supply cuts of 3-7 percent to meet OPEC target Details 
8Moody's affirms ratings of state-owned oil refiners Details
8BSE Oil & Gas index hit 9-year high; Indian Oil touches new high Details
8Oil prices rise on expected drop in US oil inventories Details
8China develops its version of floating LNG power plant Details
8Global companies offer ONGC deepsea drilling rigs for KG gas find Details 
8Crude oil prices rise as Saudi Arabia discusses supply cuts Details
8U.S. set to become energy exporter by 2026 -EIA Details
8Varanasi moots biogas-based power plants at 5 places Details
8Moody's retains rating on Indian oil firms Details
You can also click on Newsclips for more    Details
The first phase of the project was meant to be completed in Jun, 2017
8This deadline has now been put off to June, 2018
8The terminal has the provision to expand to around 4.8 MMTPA eventually.
Click on Details for more Details
The first phase of a multi-cargo port and supporting facilities will be commissioned by April-May, 2017
8The cost involved is Rs 1800 crore
8The construction of the next phase is expected from Q-1, 2018
Click on Details for more Details
Ryder Scott continues to carry on with its study of the HP-HT tight gas fields in the GSPC block KG-OSN-2001/3 which ONGC has now expressed its intent to acquire GSPC's stakes in the block.
8Sources said that Ryder Scott brought in another consultant to weight in on the study. Find out more on who the consultant is
8It is also learnt that Ryder Scott was asked for a sensitivity study of the Upside Estimated Ultimate Recovery (EUR) by ONGC and it was subsequently delivered
Click on Details for more Details
ONGC is expected to get to work on developing a new FDP for the DDW field in the KG-OSN-2001/3 block
8The consultant for an FDP will have to be appointed
8Inputs given by Scott Ryder will help ONGC create a new plan with a higher EUR
Click on Details to find out more on who are the key contacts from here on in ONGC Details
Clearly, GSPC was in no position to handle the block and it was not in a position anymore to handle the complicated geology of the field. Even when the going was good, the company did not have the competence. More so now, with gas prices plunging and the geology turning more intransigent to conventional hydro fracturing procedures. 
8The equipment deployed was proving to be insufficient to handle bottomhole fluid temperatures, which were as high as 460 degree Fahrenheit.  
8What made it more difficult was that the field contained many faults and GSPC did not have the wherewithal anymore to drill multiple horizontal wells to sustain production.
8Then again, permeability and porosity is low, and due to this reason, the recovery factor is difficult to pull up even after hydro fracturing techniques are utilized
8The sulphur in the natural gas is more than the normal level, so production and processing facilities will have to withstand high sulphur content in natural gas 
8It will take ONGC a long time and strenuous effort to ramp up production from the field, including  a brand new FDP.
8GSPC's FDP projected a slow ramp up, from 0.8 mmscmd, going up to 1.6 mmscmd, then on to 3.5 msmcmd and finally to 5 mmscmd in the third year but this slow push upwards will not be enough for ONGC.
8Production was meant to have started in December, 2013 but began much later in 2015. All deadlines are currently running well behind schedule.
8In its latest report, the PPAC claimed that production was down in the block on account of of well completions.
Cick on Details for more Details
It is important to understand that the Deendayal field -- made up of the KG-8,15 & 17 discoveries -- is not the only one capable of delivering gas in the KG-OSN-2001/3 block 
8There are six other discoveries --  KG-16, KG-22, KG-31, KG-21, KG-19 and KG-20SS -- in the block. 
8GSPC had submitted Operating Committee (OC) approved DoCs for all six discoveries for review by the DGH.
8Last heard, the upstream regulator had asked GSPC to prepare a robust dynamic model keeping in mind the retrograde nature of the gas reservoir before the Field Development Plan (FDP) for these discoveries is submitted. 
8GSPC was also advised to carry out simulation studies before the submission of the FDP. 
8Even by DGH's own estimates, the GIIP of the new set of discoveries is an impressive 8 TCF of gas and ONGC will be able to shore up the reserves ever higher, to double this figure
8Bad permeability and other geological complications make extraction of the gas a difficult affair and the actual gas produced is likely to be much lower. 
8Nevertheless the point to note is that there is scope for more gas output, beyond the 5 mmscmd from the Deendayal field, in the block.
Click on Details   Details
Detailed sector-wise consumption data of natural gas is now available for the period 2011-12 to 2015-16.
The sectors for which consumption data is available are
8Power
8Industrial use
8Manufacture
8Road Transport
8CGD
8Tea plantation
8Internal pipeline consumption
8Refineries
8Fertilizers
8Petrochemicals
8Sponge Iron
8LPG shrinkage
8Miscellaneous
Click on Reports for more Details
For reference purposes, the website carries here the wholesale price indices for energy commodities from 2005-06 till now for the following
8MS
8HSD
8SKO
8LDO
8FP
8Lubricants
8LPG
8Cooking Gas
8Coke
8Lignite
8Electricity
We also carry here the average crude prices and crude imports during these years
Click on Reports for more Details
Demonetization is beginning to bite in some segments of the economy.
8Six weeks on, there is now data available for various lead indicators of economic activity, which have displayed a mixed trend in November 2016.
8Some underlying themes related to the short term impact of the note ban on economic activity have been identified, chiefly healthy production in the organised sectors; disruptions in the labour/cash intensive and relatively unorganised sectors resulting in a loss of income for businesses and workers; and deferral of discretionary consumption. The pace of revival of economic activity in Q4 FY2017 is likely to depend on how quickly currency in circulation is replenished and digital transactions become widespread.
8Regardless, sluggish consumption is expected to weigh upon capacity utilisation in H2 FY2017, delaying private sector investment plans.
8Profitability in various sectors in H2 FY2017 is likely to be under pressure on account of rising raw material costs, particularly fuels and metals, lower volumes as well as discounts given to attract buyers.
8Although currency liquidity is likely to improve significantly by the end of January 2017, economic activity may take longer to normalise, based on which  at least one forcasting agency has revised the  growth in FY2017 to 6.6%.
Click on Reports for more Details
Contracts for three urea-ammonia plants each worth Rs 6000 crore are expected to come up in 2017
8This will be largest set of such contracts currently being awarded in the world
8Click on Details for more information
8Also visit our sister site, www.indianfertilizer.com if you want to stay tuned in on what is going on in the fertiliser sector Details
A large infrastructure company has drawn up an ambitious Rs 12,000 crore development plan for captive jetties, including an LNG terminal
The terminal facilities will include among others:
8LNG Storage Tanks
8Equipment for Boil-off gas handling
8Pumping and Eco friendly vaporization of LNG
8Reliable utilities, offsite and truck loading facility of the LNG Terminal
8Send-out and metering facilities for the vaporized LNG
Click on Details for more Details
The RFQ’s for following equipment and services are expected to be floated from Q-3,2017:
8LNG Storage Tanks, Equipment for Boil-off gas handling, Send-out and metering facilities for the vaporized LNG, Navigational facilities, Conveyors, Pipe bending Machine, Horizontal drilling and boring machine,
8Vertical boring machine, Fire fighting facilities, Goliath cranes, LNG Unloading arms, Unloading line, LNG Tanks, Vapour handling facilities, Boil-off Gas compressor, Recondenser, Intank pumps, LNG Vaporizers
8High pressure send out pump, Trestles, LNG Carriers
Click on Details for more Details
RFQs were floated in December for a new Rs 40 crore pipeline from a set of onland wells to a Gas Gathering Station in January, 2017
8Tenders are now expected in the next 2 months, by the end of Mar 2017.
8The tender for pipeline, valves and gasket will be released by Mar-Apr 2017
8The tender for Compressor will be released by Apr 2017. 
8The tender for Booster Pump will be released in Apr 2017. 
Click on Details for more Details
Work on the Sagar Samrat Conversion Project seems to be now progressing full stream ahead.
8Full details of the progress so far are carried here
8Information is there too on the next set of RFQs coming up for Compressed Air and Sea Water System.
Click on Details for more Details
Business opportunities are available with an EPC contractor for water treatment facilities valued at a whopping Rs 700 crore
8These are systems for power plants and sewarage systems
8The packages include pretreatment, desalination, post treatment and delineralization and tertiary treatment reverse osmosis
Click on Reports for more information Details
For reference purposes the website carries here the following tenders:
8Supply of Valves, Digboi Refinery Details
8M&I jobs of Hydrogen and Alkylation Mounded Bullets, Paradip Refinery Details
8Supply of Orifice Assembly, Guwahati Refinery Details
8Supply and commissioning of Close Loop Sampling system for C2C3 recovery plant, Vijaipur Details
8Procurement of Gaskets and Tube bundles for Heat Exchangers, Pata Details
8Procurement of Spare Sodium Analyzer for DM plant, Pata Details
8Hiring of third party inspection Agency for safety audit at OGT and Mud plant for KG-OSN-2001/3 Block Details
8Procurement of Compressor Spares, Guwahati Refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:  
8Revoke input tax credit withdrawal notification on natural gas by Gujarat govt Details
8ONGC"s overseas arm win rights to bid for Iran oil, gas projects Details
8Kuwait Petroleum Corp committed to OPEC oil output cut -state news agency Details 
8Oil prices edge up as dollar retreats from 14-year high Details
8Oil business seen in strong position as Trump tackles tax reform Details
8RIL pumps offer diesel at lower price than PSUs to regain market share Details
8Vitol clinches $1 bln pre-finance oil deal with Iran-sources Details
8Government drops VAT on petrol to 7 per cent Details 
8Revoke input tax credit withdrawal notification on natural gas by Gujarat govt. Details
8BPCL could raise $1 billion next week Details
8How would GST impact the natural gas sector? Details
8Indonesia expects 11.9% increase in non-oil & gas sector this year Details
8India Stock Reporting: Indian Oil Corporation Limited jumped 0.36% on Jan 4 Details 
8Strong GDP growth to support outlook of Indian companies this year: Moody's Details
You can also click on Newsclips for more    Details
The PNGRB has decided not to turn Cochin-Coimbatore-Karur petroleum and product pipeline into a common carrier line
8The pipeline is owned by Petronet CCK Ltd
8This is after not receiving any request for sharing of capacity through the regulator's public notice board
Click on Reports to find out more Details
The website carries here an interesting paper on contours of possible cooperation in the oil and gas sector by India with the BRICS nations of Brazil, Russia, South Africa and China
8The existing areas of cooperation are highlighted
8But what is in special focus are the specific possibilities for future cooperation.
Click on Reports for more  Details
There is limited detail on Donald Trump’s energy policies.
8However, it is clear energy will play an important role in helping shape Trump’s central vision to “make America great again.”
8From an international oil and gas perspective there are some broad ramifications we can perhaps highlight. The US oil and gas sector will likely benefit from a pro-oil Trump administration and as a result US oil and gas output may likely increase. Trump’s hostility to the lifting of sanctions on Iran may see more punitive sanctions re-imposed.
8If so this would weaken the case for foreign investment in Iran and adversely impact Iranian aspirations to grow oil production further. Conversely, Trump’s apparently warmer relations with President Putin may see a weakening of sanctions and increased foreign investment.
8All these scenarios will have implications for global oil supply in addition to the main driver which remains supply and demand fundamentals.
8What is certain is that prices will continue to be extremely volatile as industry fundamentals seek an equilibrium. Oil prices are likely to recover but slowly. Analyst forecasts suggest prices may reach US$60/bbl+ by 2018.
Click on Reports for more Details
There is one private E&P operator that started small but seems to making it big
8It has embarked on a massive expansion spree
8The company plans to complete drilling of around 150 wells by December, 2017
Click on Details for more Details
In another onland block, the same company is planning to drill eight new wells
The following RFQs are expected to be floated by April, 2017
8Casing pipes
8X-Mas trees
8Conductor pipes
8Chemicals
8Cementing services
Click on Details for more Details
RFQs for an electrical contractor is to be floated in February, 2017 for an expansion of a DHDT unit
8Currently, piping work is going on at site
Among materials which will be required are:
8Circuit Breaker
8Relays
8Transformer
8Automatic distribution circuit breakers
8Fuses
8Cables
8Terminal Blocks
8Copper Bars
Click on Details for more Details
>RFQs for electrical works are to be floated soon for a big sized petrochemical complex which is currently under construction
8RFQs are expected to be floated by end January, 2017
Equipment required are:
8Circuit Breakers
8Magnetic Starters
8Transformers
8Generating Sets
8Enclosures
8Relays
8Conduit Fittings
Click on Details for more
Details
For reference purposes the website carries here the following tenders:
8Supply of Portable Oxygen Analyser for flue gas, Paradip Refinery Details
8Supply of Flowserve seal spares, Barauni Refinery Details
8Verification and rectification of defects detected in IPS of Mundra-Panipat Crude Oil pipeline Details
8Supply of H2 Analyser with sample handling system Installation & Commissioning, Digboi Refinery Details
8Supply of Drill Bit, Mathura Refinery Details
8Services for replacement of SS Impulse Tubing of field Transmitters Details
8Supply of Pressure Gauges Details
8Procurement of Pneumatic Pressure Controller, Assam Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:  
8Higher pet coke prices to squeeze cement firms’ margins in current fiscal Details
8OVL qualifies to bid for Iran oil, gas projects Details
8Why Indian Oil could be Dalal Street's favourite OMC stock Details 
8Oil prices rise as markets eye OPEC, non-OPEC production cuts Details
8West Bengal ranks second in BPL LPG connections Details
8Demonetisation hits core industries output growth in November Details
8High oil prices may spoil the party for indian consumers and economy Details
8Success of Opec deal still in doubt, but crude oil prices bound to head higher in near term Details 
8ONGC, Cairn India demand lowering of cess on crude Details
8Now buying, paying for LPG online will get you discount of Rs 5 per cylinder Details
8Oil dives 2 percent, strong dollar knocks crude off 18-month high Details
8Oil & gas stocks increase 1.97% on rise in crude prices Details 
8Oil marketing firms plan to introduce dynamic pricing at all retail outlets this year Details
8CLSA reiterates RIL is top ‘buy’ in oil and gas sector Details
You can also click on Newsclips for more    Details
Moody International Pvt Ltd has been appointed as a Third Party Inspection Agency by the PNGRB
8IOC has been granted authorization to build the 8-inch 36 km Devangonthi-Devanhalli petroleum product pipeline on a common carrier basis
8The website carries here the latest gas infrastructure map of India. This includes the current and proposal gas pipeline network in the country
8L&T Hydrocarbon Engineering Ltd is going from strength to strength even as the rest of its counterparts are suffering from the severe aftereffects of the slowdown in oil & gas investments. The company has recently bagged two EPC contracts from Saudi Aramco
8The website carries here a full document that analyses India's energy security and transnational pipelines, including the challenges these pipelines face.
8Monthly report on crude production, processing, import and export of petroleum products
8The dates for the sectoral review meeting of the petroleum ministry and the PSUs under it
Click on Reports for more Details
In an important order, the PNGRB has said that a reduction in the capacity utilization of RGTIL's East West Pipeline on account of its failure to meet its obligations should not be a ground for reduction of its capacity for calculation of pipeline tariff.
8Otherwise it will lead to a increase in the tariff rate to the consumer
8Accordingly, the plea for a reduction in capacity by RGTIL has been rejected by the PNGRB
Click on Reports for details of the entire order Details
Land preparation work is going on for a Rs 2400 crore BS-IV HSD project
8Environment clearance is to be granted by August, 2017
8RFQs are to be floated by mid-May, 2017
Among the equipment required will be:
8Heat exchangers
8Refleum drums
8Vessels
8Separators
8Feed pumps
Click on Details for more Details
Among the RFQs to be floated for a new styrene and ethlene recovery unit in an existing naptha cracker in February, 2017 are
8DEC 7 OH receiver
8DEC 8 OH receiver
8Hydro product separator 
8PA hydrogeneration reactor 
8Water stripper 
8C7 cut cooler
8DEC 7 condensor
8Styrene product daily tank cooler  
8EDC condensor 
Click on Details for more Details
A standby combined cycle power generating unit is coming up in a gas processing plant
8The total cost is Rs 370 crore
8Environment clearance is expected in February, 2018
8RFQs are to be floated in June, 2017 for
8Gas Turbine Generator
8Heat recovery steam generators (HRSG)
8Steam Turbine Generator
8Induced fans
8FD fans will float by June-2017.
8HRSG shall be of dual pressure type e.g. HP steam and LP steam.
Click on Details for more on who has been appointed as the consultant for the Detailed Feasibility Report Details
Attached to the power generating unit, following RFQs are to be floated
8Fencing and infrastructural works by June, 2017
8Lighting and electrical works by April, 2017
8Power house building by 3rd quarter of 2017
8Auxiliaries by June-July, 2017
8Switch Gears, MCCBs and other Plant control equipments by June-July, 2017
Click on Details for a complete list of requirements Details
The environmental clearance for a Floatig Storage Refasification Unit and a Floating Storage Unit is expected in Q-1, 2017
8Cost of the project is around 2750 crore
8Projected commissioning is in the first half of 2020
The following requirements are to be floated by Q-1, 2017
8A trestle jetty (the LNG jetty)
8Mooring dolphins and breasting dolphins for the FSU/FSRU and for LNG carriers
8The FSU/ FSRU –permanently moored to the jetty;
8Onshore LNG Storage Tanks
8Regasification unit
8LNG carriers supplying LNG to the FSU/ FSRU
8LNG transfer systems to and from LNGCs and LNG storage tanks;
8Ship-to-ship transfer of LNG
8Gas Metering Station
8Export gas pipeline – running from the FSU/FSRU/Onshore storage to the Gas Metering Station and then to GAIL tie in pipeline
8Road Truck loading stations
8Access roads;
8In-tank LNG pumps;
8Cryogenic compressors; cryogenic blowers;
8Boil-off gas (BOG) compressors;
8Fuel gas system which includes LNG pumps and vaporizers;
8Nitrogen re-liquefaction system for LNG BOG;
8Seawater pipes and pumps cooling water pumps;
8Fire suppression system; gas turbine power plant;
8Various plant support auxiliary systems, including wastewater handling system; and various safety systems, including fire, gas and low temperature detection sensors.
Click on Details for more Details
The construction phase of the project is expected to start from Q-2,2017.
The project schedule involves:
8Investigation Studies-6 Months
8Jetty Construction-18 Months
8FSRU Conversion-15 Months
8Onshore storage tanks-36 Months
8Regasification facilities-8 Months
8Truck Loading Stations-6 Months
8Dredging Activity-6 Months
8Unloading Arms-6 Months
8Gas Pipeline Connectivity-12 Months
8The project is expected to get commissioned in February, 2020.
Click on Details for more  Details
The Terms of Reference for a 20-well onland exploratory and appraisal drilling programme is expected to be amended by Q-1, 2017
 8The cost of the project is expected to be approximately Rs 8-10 crores per drilling well and approx Rs 1-2 Crores in the development of subsequent production facilities at each site.
The RFQ’s are expected to be floated for the following Equipment and services:
8Seperator
8Storage tanks
8Bath heater
8Flow line system
8Flare stack
8Fire fighting system
8Oil loading platform
8Drill bit
8Flexible hoses
8Swivels
8Mud Pump
8D.G.Sets
Click on Details for more Details
A Rs 22 crore LPG storage and bottling plant is coming up
8Mechanical, electrical and civil contractor hiring has already taken place
8Construction is expected to start from Q-1, 2017
8Commissioning is expected in December, 2017
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Addition of suction & delivery pipelines of select pumps and extension of pump manifolds and associated jobs and other allied civil and mechanical jobs at Loni Terminal, Pune Details
8Procurement of Radiant tubes for Naphtha Cracker Furnaces of ECU, Assam Details
8Supply of Refracory castables for CCU Details
8Primary Viscosifier/ Downhole Viscosity Modifier in Drilling mud, Rajasthan Details
8Supply and supervision of Surge Relief Valve with skid, Mumbai Refinery Details
8Civil works at drill site KGDC in North Bank area Details
8Procurement of Chemicals and Industrial gases, Pata Details
8Terminals/Stations works for Phulpur-Haldia pipeline project Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:  
8New Year begins with crude shock for consumers as all fuels become costlier Details
8Libya's oil production rises to 685,000 barrel per day - National Oil Corp Details
8IOC, BPCL, HPCL gain on petrol, diesel price hike Details 
8Mexicans march to protest rise in gasoline prices Details
8Russian oil output in December stays at record highs Details
8How bullish is the outlook for oil & gas industry in 2017? Details
8Success of Opec deal still in doubt, but crude oil prices bound to head higher in near term Details
8PSUs seek exemption from paying government huge dividends Details 
8Increase in gas usage needed for better future: Dharmendra Pradhan Details
8Global crude oil price of Indian Basket at $ 54.41 per bbl Details
8HPCL to invest Rs1,200 crore in city gas distribution business Details
8Crude oil may not move beyond $60 a barrel in 2017: Rakesh Jhunjhunwala Details 
8Iran and India eye a refinery deal in northern Brazil Details
8Iran certifies 29 international companies to bid for oil, gas projects Details
8Oil India hits 15-month high Details 
8India's eight core industries grow by 4.9% in November 2016 Details
You can also click on Newsclips for more    Details
While the year 2016 in the LNG industry was expected to be one featured by ample supply and rather weak demand, it turned out to be more turbulent than observers previously anticipated.
8While in the year as a whole prices stayed low in both LNG sales contracts and spot purchases, the first half of December witnessed one of the steepest rises of spot LNG prices in the history (USD 2 / million Btu in two weeks)
8The causes include an unplanned outage of a big liquefaction unit in Australia.
8While investment activities for new LNG projects are not necessarily vibrant during the year, commissioning and construction activities are continuing, including four major liquefaction units in Australia. The Sabine Pass project started LNG exports, marking the first exports of commercial LNG from the lower 48 of the United States in the 50 year history of the global LNG industry.
Click on Reports for more Details
8There is a sharp increase in new well oil and gas production rates in the US, according to latest reports
8Essar Oil showcases "stellar annual performance"
 Click on Reports for more
   Details
‹ First  < 3 4 5 6 > 

Showing 201–250 of 265 items