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Jan 2018

Ammonia-Urea & Captive Power Unit Greenfield Project      
8Cost - Rs 5000 Crore
8Project Description: A Fertilizer Company is awaiting environmental clearance for its greenfield ammonia-urea unit with a capacity of 2x2500 MTPD of ammonia, 4000 MTPD of urea and 2x 150 MW of Captive power unit . The plant will be attached to an FRSU based terminal.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 Coal handling plant (CHP), Ash handling plant (AHP), Switchyard, Control and instrumentation equipment, Transmission lines, Substation, Transformers. The proposal for a term of references has accepted.
 8Project Event: RFQ for Project Management Consultant is likely to be released in March 2018, The tender for LSTK contractor is likely to be released in Q2 2018
Click here for more information
Sulphate of Potash-Bromine and Captive Power Unit Expansion Project  
8Cost - Rs 500 Crore
8Project Description: A Fertilizer company is planning an expansion of Sulphate of Potash Unit from 100000 MTPA to 400000 MTPA, Bromine Unit from 12500 MTPA to 80000 MTPA and Captive Power Unit from 10 MW to 35 MW. The equipment requirements are MS Glass Lined Reactor, Reactor, Distillation Column, Evaporator, Heat exchangers, Centrifuge, Dryer, Centrifugal pump, Steam jet ejector, Storage Tank, MS Storage tank, Cooling tower with pumps, Chilled Water Plant with pumps, Steam Boiler, Compressed Air, BFW softener, HBr scrubber, Vent gas scrubber, Emergency Power Generator, Power transformer with switchgear, Water storage tank, Fire Hydrant System, Chlorine cylinder. Hoist, ETP, RO Plant, Fork Lift, STP and more
8Project Event: RFQ for the EPC contractor is likely to be released in April 2018.
Click here for more information Details
For reference purposes the website carries here the following tenders:
8Supply of Special Level Instrument-Guided Wave Radar for GTU Project at refinery Details
8Hiring of Vehicles for projects at KG Basin of Rajahmundry Details
8Supply of Globe valves at refinery Details
8Providing Service Assistance for Electrical Shutdown Activities for Refinery Shutdown Details
8Repair and Installation of EDP P-2909 at B193 platform for Mumbai region Details
8One Year Rate Contract for Civil Works pertaining to work over locations at East Godavari District Details
8Procurement of extended Natural Gas Analyzers Details
8Hiring of Chemical Dosing Vessel for a period of three years in Western Offshore Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8Consolidating ONGC’s downstream units under HPCL will be beneficial: M K Surana Details
8Big Oil flush with cash again, but no party yet Details
8Israel's Oil Refineries raises $115 million in bond sale to institutions Details
8Rising Brent crude price shuts window on European oil exports to Asia Details
8India ranks 177 out of 180 in Environmental Performance Index Details
8Qatar sees stampede for natural gas projects to help beat crisis Details
8PM Narendra Modi to CEOs: Let's see if you like me after the budget Details
8TCS elbows out RIL to top m-cap chart Details
8Oil firm on strong economy and OPEC cuts, but traders prepare for downward move Details
8Total acquires Samson Offshore Anchor, increases footprint in Gulf of Mexico Details
8ONGC awards Bokaro CBM drilling contract to Essar Oilfields Details
8ONGC borrows Rs 4K crore from ICICI Bank for buying HPCL Details
8Essar Oilfields bags Rs 32 crore order from ONGC Details
8Centre has done its bit on oil price, says Pradhan Details
8Vehicle owners gripe as petrol, diesel prices hit record high Details
8Oil hits highest since late 2014 on US crude inventory drop, weaker dollar Details
8More oil and gas firms expect to hike capital spending in 2018 - survey Details
8U.S. tells Russia, Saudi shale oil won't be crude oil market 'spoiler' Details
8Centre’s subsidy bill may rise only marginally Details
You can also click on Newsclips for more    Details
8One of the few bright spots for the tanker market last year was the notable increase in recycling sales. Of course, this could be viewed as a double-edged sword as many of these sales could have been a result of poor earnings across most of the tanker market sectors. However, tanker recycling activity could only improve after the low level of sales recorded for 2015 and 2016 and prices have continued to rise into the new year which will likely attract more sales. Click on Report for more.
8A looming fall in VLCCs’ availability in the Middle East over the coming months could help boost the freight rate market in the weeks to come. Click on Report for more.
8The Chabahar port in Iranand  Pakistan’s Gwadar port are increasingly part of a widening circle of behind-the-scene maneuvering among the US, India, China, Iran, Afghanistan and Pakistan. Know more on how eventually all of this can be both a threat and an opportunity for India as China tries to woo India to join its One Belt One Road initiative. Click on Report for more.
8An oil & gas industry conference is coming up in Mozambique and Indian public sector companies, which are invested up to $ 5 billion in the country, must put up a good show unlike last year to generate goodwill. India public sector oil & gas companies have a poor track record in managing public relations in the country's in which they are heavily invested. Click on Report for more.
8How will the energy subsidy on oil & gas plan out this budget? Allocations will have to be higher as price increases have been stalled. Will the budget or the companies take the hit? Click on Report for more.
8The fortunes of Chennai Petroleum Corporation is looking up. Find out why Click on Report. Details
The recent spurt in LNG prices is making the use of gas almost unaffordable in India.
8The average LNG price in December spiraled to $9.7/mmbtu, up from $ 7.4/mmbtu for the same month last year
8While there was an expectation that prices will be lower on account of a number of new LNG terminals coming up globally, unusually cold conditions globally and a spurt in demand has kept gas prices high.
8The average price of LNG went up from $6.4/mmbtu in April-December, 2016-17 to $7.70/mmbtu for the same period this year.
8Clearly, these are prices which are going to eventually impact demand in the highly price sensitive Indian market where alternative fuel prices, such as naphtha or fuel or even petroleum coke prices are rising at a slower pace than imported gas.
8For now, despite higher prices, LNG import for the month of December 2017 was 2031.0 MMSCM which was 6.8% higher than the corresponding month of the previous year. The cumulative import of 19389.0 MMSCM for the current year till December 2017 was higher by 3.4% compared with the corresponding period of the previous year.
Find out more by clicking on Details and Reports Details
The key to gas fulfilling its potential role as a ‘transition fuel’ up to and beyond 2030, is that it must be delivered to high-income markets below $8/MMbtu, and to low-income markets below $6/MMbtu (and ideally closer to $5/MMbtu). 
8The major challenge to the future of gas will be to ensure that it does not become (and in many low-income countries remain) unaffordable or uncompetitive, long before its emissions make it unburnable.
8There are many countries including India where therI is an absolute price level, such as $5/MMbtu, above which customers can not afford to purchase the fuel either because of their income level, or because the end-user price level of the final product for which gas is being purchased would be too high.
8That fact that pipeline capacity utilization in India is low is a pointer to the inability of gas suppliers to find affording customers.
8KG Basin suppliers will have to keep these gas ceiling prices in mind while formulating their arithmetic.
Click on Reports for more Details
The key to gas fulfilling its potential role as a ‘transition fuel’ up to and beyond 2030, is that it must be delivered to high-income markets below $8/MMbtu, and to low-income markets below $6/MMbtu (and ideally closer to $5/MMbtu). 
8The major challenge to the future of gas will be to ensure that it does not become (and in many low-income countries remain) unaffordable or uncompetitive, long before its emissions make it unburnable.
8There are many countries including India where therI is an absolute price level, such as $5/MMbtu, above which customers can not afford to purchase the fuel either because of their income level, or because the end-user price level of the final product for which gas is being purchased would be too high.
8That fact that pipeline capacity utilization in India is low is a pointer to the inability of gas suppliers to find affording customers.
8KG Basin suppliers will have to keep these gas ceiling prices in mind while formulating their arithmetic.
Click on Reports for more Details
The majority of the respondents in a recent global study believed that technological progress in renewables and battery storage would have a greater influence on gas demand than carbon reduction targets.
8Gas has already become an unviable fuel for the power sector, leaving demand to emanate from the highly fragmented industrial sector. Given the dynamics of this sector and its sensitivity to gas prices, it is has become extremely difficult for the gas sector, accustomed to operating with 15–30 year long-term contracts, to plan for 2025, let alone 2050.
8There seems to be little pressure on the Indian policy maker to seek a changeover to gas despite dangerous levels of pollution in the air. Does this mean that he is waiting for a switchover to electric vehicles rather than CNG fired vehicles to clear the air?
Click on Reports for more Details
India's GAIL looks to sell 24 US LNG cargoes via tender for 2019-20 loading from its from the Cove Dominion Energy's Cove Point LNG facility
8Clearly, the gas major is shying away from attempting to look at the Indian market even though current prices are high and transporting hub-priced gas from the US to India makes sense
8The latest indications are that the spot market for March are expected to extend the robust winter demand in Northeast Asia ,as well as absorb the leftover demand from a pullback
 for February.
8GAIL has little faith that such high spot prices are going to stay this way as the year progresses with supply likely to come into the market
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What has the budget got in store for the Indian oil & gas industry?
8Can a cut in cess rates be expected. If so by how much?
8Will gas be included in GST. What kind of GST rate are we talking about if it is included?
8Exemption in excise duty on CNG? Is is possible?
8What else to expect from the budget?
Click on Reports for more Details
Demand for oil is not peaking anytime soon as was projected by many studies, according to fresh studies, that take into account the buoyant state of the world economy and rising oil prices.
8In the medium-term period 2016–2022, oil demand shows is anticipated to go up to 6.9 mb/d, rising from 95.4 mb/d to 102.3 mb/d. This corresponds to an average annual increase
of close to 1.2 mb/d.
8The outlook for long-term oil demand growth is around 111.1 mb/d by 2040, although average growth slows to around 300,000 b/d between 2035 and 2040 on the back of anticipated efficiency improvements, a further tightening of energy policies, as well as decelerating GDP and population growth.
8On the supply side, total non-OPEC liquids in the medium-term are estimated to grow by 5 mb/d, from 57 mb/d in 2016 to 62 mb/d in 2022. Of this growth, 3.8 mb/d is incremental supply from the US alone. After 2022, non-OPEC growth begins to slow, peaking in 2027 at 63.8 mb/d, before declining to 60.4 mb/d by 2040.
8Thus, the long-term focus for additional liquids demand remains on OPEC, from low cost producers.
8It is estimated that OPEC will need to supply an additional 7.7 mb/d in the period 2020-2040. This will mean that the share of OPEC crude in global oil supply is expected to increase from 34% in 2016 to 37% in 2040.
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The anticipated expansion in both the upstream and downstream, as well as the mid-stream capacity needed to take care of extra demand, will require significant investments.
8The total investment has been pegged at a massive $10.5 trillion in the period to 2040.
8While investments are picking up slightly in 2017 and in 2018, it is clear that this is not anywhere close to past levels.
8The recent investments are also more evident in short-cycle rather than long-cycle projects, which are the industry’s baseload.
8"It is vital that this be rectified so that a lack of investments today does not lead to a supply shortage in the future," the research report says.
Click on Reports for more Details
Is coal going through a revival, albeit a temporary one?
8Latest indications are that are expecting a flood of demand from buyers in Chinese companies wanting cargoes after restocking has emerged subsequent to freezing temperatures in China. Low temperatures pushed power plant thermal coal consumption to high levels, and prices to a 14-month high.
8On the longer term too, some are seeing a revival in demand for cleaner coal even though its share in the energy mix continues to fall
8Base load power stations will continue to run on coal for a long time to come despite a spurt in renewable capacity creation
8Click on Reports to see how these theories really pan out Details
8Project Name: RFQ in October for Rs 100 crore Oil Field Development
8Project Cost: Rs 100 crore.
8Project Description: Promoter is planning the development of an oil field in Tamil Nadu. The block was awarded to the company under the Discovered Small Fields round (DSF) in 2016. The project involves development drilling of oil wells and laying of an infield pipeline to connect with the nearest production facility (GGS). Currently, the project is in pre-clearance phase. The owner is in process of carrying out an analysis of oil fields so as to estimate the reservoir potential. Production from the block is expected to start by the end of 2021. Further RFQs are expected shortly.
8Project Event: RFQs for the hiring of EIA Consultant is expected by July 2018.
RFQs for the hiring of Rigs and other oilfield services are expected by January 2019.
8Expenditure Approval: Q2/2018.
8RFQ Date: Jul/2018.
8Release Date: Aug/2018.
8Date: Jun/2019.
8Completion Date: Jun/2021.
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8Project Name: DG Set Hiring in May
8Project Cost: Rs 10 crore
8Project Description: Promoter is planning to hire Diesel Generators (DG Sets) for various ongoing projects at its Nazira and Sivasagar Asset. The project involves supply as well as maintenance of 62.5 KVA Gensets on an annual contract basis for an overall period of 3 years. The contractor shall be responsible for the supply of fuel. Further RFQs for the project are expected shortly.
8Project Event: RFQ for hiring Diesel Gensets are expected by May 2018.
8Expenditure Approval: 2017
8RFQ Date: May/2018
8Release Date: Jun/2018
8Start Date: Aug/2018
8Completion Date: Aug/2021
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8Project Name: RFQ for equipment and additives in February
8Project Cost: Rs 150 crore
8Project Description: RFQs for promoter's 5 well exploratory drilling have been delayed a bit. The environment clearance for the project has already been granted. Currently, exploratory drilling for 2 other wells is going on in the block. The 2D seismic survey for the block was carried out in the year 2015 for an overall area of 200 sq km, out of which 160 sq km has been relinquished. RFQs for the following equipment are expected shortly: Tanking Facilities, Casing, Cementing Facilities and Chemical Additives.
8Project Event: RFQs for equipment and additives are expected by February 2018.
8Expenditure Approval: Q3/2016
8RFQ Date: Jan/2018
8Release Date: Feb/2018
8Start Date: Apr/2018
8Completion Date: Mar/2019
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8Project Name: Civil works for refinery DHDTDebottlenecking in March
8Project Cost: Rs 1810 Crore
8Project Description: An existing company along with EPC contractor and licensor is planning to expand its DHDT unit from 230 KTPA to 382 KTPA at its refinery. RFQ for the equipment is already out.
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: Q1:2018
8Completion Date: Q1:2021
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8Project Name: LPG Bottling Plant Expansion Project
8Project Cost: Rs 22 Crore
8Project Description: An existing company along with EPC contractor is carrying out the engineering activities to expand its LPG bottling capacity from 900 MT to 2100 MT by installing new 2 X 600 MT mounded storage vessels. RFQ for the equipment is already out.
8Project Event: RFQ for Erection & Commissioning work is expected by April 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Apr/2018
8Release Date: May/2018
8Start Date: Q1:2018
8Completion Date: Q1:2020
Click here for more details.
8Project Name: Additional Tankage POL Terminal Project
8Project Cost: Rs 9 Crore
8Project Description: An existing company along with EPC contractor is expanding its existing capacity by constructing a new Ethanol tank with a capacity of 1600 KL. The capacity will then go up from 76017 KL to 77617 KL. RFQ for the civil work is out.
8Project Event: RFQ for erection and installation is to be expected by March 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Mar/2018
8Release Date: Apr/2018
8Start Date: Q2:2018
8Completion Date: Q1:2019
Click here for more details. Details
8Project Name: Hydroelectric Power Station Maintenance Project (Unit-8)
8Project Cost: 15 crores
8Project Description: The owner has planned a 14-day scheduled maintenance of Unit-8 (103.5 MW) in the 1035 MW Hydro Power Station covering annual inspection and overhaul of equipment which includes overhauling of auxiliary parts of the turbo-generator set, bearing sets, seals.
8Equipment required will be turbine bearings, gland seals, spiral casing, nozzles, cleaning of field winding of rotor, among others
8Project Event: RFQs for equipment required are expected by first week of February 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: 6/Feb/2018
8Release Date: Feb/2018
8Start Date: 4/Mar/2018
8Completion Date: 17/Mar/2018
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8Project Name: Gas Power Station Maintenance Project (GT-3)
8Project Cost: 20 crores
8Project Description: The owner has planned a 28-day scheduled maintenance of GT-3 (131 MW) in the 648 MW (3x131 MW GT + 1x255 MW ST) Gas Based Power Station covering major C-type inspection having 48000 equivalent operating hours (EOH) on the gas turbine and generator.
8Equipment required will be short lead equipment of combustor, checking air-fuel ratio, lubrication, generator protection relay, among others
8Project Event: RFQs for equipment required are expected by first week of February 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: 5/Feb/2018
8Release Date: 26/Feb/2018
8Start Date: 1/Mar/2018
8Completion Date: 27/Mar/2018
Click here for more information Details
For reference purposes the website carries here the following tenders:
8Corrigendum: Hiring of Services for Conducting Hazard Identification Risk Assessment (HIRA) & Quantitative Risk Analysis (QRA) of GAIL Gas Limited Details
8Supply and Installation of Complete Mechanical Seals in refinery Details
8Supply of SS pipes for refinery Details
8Procurement of Well head for SRP Details
8Hiring services for inspection, testing and issuing test certificates for HOT cranes, lifting tackles and Air Compressors of Logistics Department by government authorized competent person/ agencies Details
8Procurement of High Pressure Reactors Details
8Procurement of Special Instruments for Mechanical Maintenance Activities Details
8ARC for Supply and Refilling of Odorant for Dadri-Desu pipeline Details
8Annual Rate Contract for Calibration of LEL Detection System of LPG and C2-C3 Plant Details
8Procurement of Carrier Gases for GAIL Pata Details
8Corrigendum: Hiring of Transportation Agency on ARC Basis Details
8Corrigendum: Hiring of Direct Marketing Agency for PNG Domestic Registration in Kanpur and Bareilly Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8Oil prices rise on economic growth, OPEC/Russian supply curbs Details
8China Dec LNG imports climb to record 5.03 mln tonnes -customs Details
8U.S. oil refiner PES pins bankruptcy plan hopes on biofuel costs Details
8Petrol, diesel prices jump; Oil ministry seeks excise duty cuts Details
8Narendra Modi makes his Davos debut seeking bigger global role for India Details
8Oil industry's Budget 2018 wish list: Less cess, more royalty, customs duty tweak Details
8Final arbitration hearings on India tax demand in August: Cairn Details
8Essar Group eyes Rs 600-crore turnover from CBM next fiscal Details
8ONGC gets govt nod to sell stake in IOC, GAIL to fund HPCL buy Details
8PM Modi in Davos: India set sights on $5 trillion economy by 2025, Modi says Details
8Tata group head N Chandrasekaran sees big opportunity in financial services Details
8Regulatory Board to begin Gas Distribution Licenses Auction: Pradhan Details
8ONGC raises Rs 180 Billion from banks to buy refinery stake Details
8Saudi oil major keen on setting up mega refinery in Nellore district of Andhra Pradesh Details
8Petrol, Diesel at all-time high since BJP formed government Details
8World Economic Forum, Reliance Industries to set up Center for Fourth Industrial Revolution Details
8OPINION: At Davos, PM Narendra Modi makes the global local Details
You can also click on Newsclips for more    Details
8Project Name: Gas Power Station Maintenance Project (STG Unit)
8Project Cost: 16 crores
8Project Description: The owner has planned a 20-day scheduled maintenance of Steam Turbine (255 MW) in the 648 MW (3x131 MW GT + 1x255 MW ST) Gas Based Power Station covering minor inspection of gas turbine components.
8Equipment required will be casings, furnace tubes, seals, short lead equipment of combustor, among others.
8Project Event: RFQs for equipment required are expected in first week of February 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: 3/Feb/2018
8Release Date: Feb/2018
8Start Date: 1/Mar/2018
8Completion Date: 19/Mar/2018
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8Project Name: Renovation, Modernization & Upgradation of Power House
8Project Cost: 60 crores
8Project Description: The owner is planning to renovate, modernize and upgrade its existing capacity of 36 MW (3x12 MW) hydro power units. The existing capacity of 36 MW (3x12 MW) to be upgraded to 42 MW (3*14 MW) units to meet out the peak demand of the grid. Currently, preparation of detailed project report is under progress and likely to be finalized and approved by the state government in the next 2-3 months. The owner is expected to come out bids for RMU works soon.
8Project Event: RFQs for RMU works are expected by Q3 2018.
8Expenditure Approval: Feb/2018
8RFQ Date: Q3:2018
8Release Date: Q3:2018
8Start Date: Q1:2019
8Completion Date: Q3:2020
Click here for more information Details
8Project Name: Oilfield Development.
8Project Cost: Rs 2900 crore.
8Project Description: Promoter is planning the development of an oil field. The project involves development drilling of oil wells, production installations and laying of approximately 200 km of pipelines. Currently, the project is in pre-clearance phase. The Environmental Clearance for the project is expected by June 2018. The process of hiring an EPC contractor for production installation and the pipeline laying is expected to begin soon. RFQ for the rigs, Xmas Trees, Cementing, Wireline, Drill Collar etc is expected shortly.
8Project Event: RFQ for EPC contractor for production installation and the pipeline network is expected by March 2018.
RFQ for hiring services for rigs and equipment is expected by April 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: March/2018
8Release Date: May/2018
8Start Date: May/2019
8Completion Date: Dec/2021
Click here for more details
8Project Name: Oil Field Redevelopment: RFQs changed to February.
8Project Cost: Rs 1200 crore
8Project Description: RFQ for promoter's oil field development project has been delayed a bit. The project involves drilling of 130 wells, revamping and upgradation of GGS-cum-CTFs in the field and construction of a new ETP Effluent Treatment Plant (ETP). The LSTK contract for the revamping of the GGS-cum-CTFs has already been awarded. Currently, the work on the 2 GGS is going on since August 2017.The drilling part of the project would be done by promoter itself. Further RFQs are expected shortly.
8Project Event: ONGC will come out with RFQs for hiring the LSTK contractor for the ETP by February end 2018 instead of January 2018.
8Expenditure Approval: Feb/2017
8RFQ Date: Feb/2018
8Release Date: Mar/2018
8Start Date: Q4/2018
8Completion Date: Sep/2020
Click here for more information
8Project Name: Greenfield 2G Bio-Ethanol Refinery Project
8Project Cost: Rs 350 Crore
8Project Description: An existing company along with 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.
8Project Event: RFQ for PMC contractor is expected by April 2018
8Expenditure Approval: Q4:2016
8RFQ Date: Apr/2018
8Release Date: May/2018
8Start Date: Q4:2018
8Completion Date: Q4:2020
Click here for more details.
8Project Name: Brownfield LPG Bottling Plant
8Project Cost: Rs 143 Crore
8Project Description: An existing company along with EPC contractor is planning to expand its existing capacity from 11 TMTPA to 60 TMTPA in its LPG bottling plant. RFQ for all the equipment is already out.
8Project Event: RFQ for civil work is expected by March 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Mar/2018
8Release Date: Apr/2018
8Start Date: May/2018
8Completion Date: Q1:2020
Click here for more details. Details
8A business development opportunity is coming up for a 55-well onland exploratory drilling campaign. Click on Report for more.
8Contracts worth Rs 870 crore in power transmission and pipeline segments were awarded recently. Click on Report for more.
8Merger of HPCL with ONGC is just a matter of time. Know why Click on Report.
8Application of Artificial Intelligence is likely to make millions unemployed, it is feared. But it will be creating new jobs too. For now, AI is helping create more jobs than it is destroying. Find out more about what kind of jobs are being created.  Click on Report for more.
8India and Pakistan are the only two global countries from where no or little data is available on how it handles its radioactive waste. And this is an area where more transparency is needed. Click on Report for more.
8Get the full presentation here on RIL's financial results. Click on Report for more.
8Latest tanker market report. Click on Report for more.
8The aviation industry is going through its smoothest run ever. For the first time in airline history, carriers recorded three consecutive years of record or near record profits, thanks to constrained fuel prices and operational efficiencies. What are the implications of this for ATF suppliers? Click on Report for more. Details
Find out more on why India is at the bottom of all countries when it comes to promoting autonomous self-driven vehicles
8India's ranking is the poorest essentially on account of the government's marked reluctance to promote this kind of vehicle use because of the negative impact on employment
8Millions of drivers will go out of work in case autonomous vehicles become popular.
8In the process of a global survey on preparedness of different countries to the advent of the autonomous vehicle, it was also found that India is ill-prepared in relation to most other countries to the electric vehicle revolution as well
Click on Reports to find out more Details
However, 2018 will be the last year in which fossil fuels outpaces renewables in India. From 2019 onwards, greater policy certainty for renewables and a shrinking coal pipeline will mean more renewables built than fossil fuels each year.
8This will be a major milestone for a country that most see as a key battleground for the fight to stabilize global greenhouse emissions growth.
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The LNG shipping market is likely to show signs of tightening up soon in the face of rising supplies.
8The expectation is that the tightening will happen from the current quarter and the trend will continue right up to 2020
8There is a big net decrease in available tonnage
8Then again, the number of uncommitted newbuilds has come down
8New-tech LNG vessels are enjoying a significant premium over their conventional counterparts
8In fact, a three-tier LNG market has evolved as of now
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Get the entire set of OALP documents here, including
8The NIO
8Model PSC
8Technical Booklet
Click on Details for more Details
Work is on at a furious pace in ONGC's KG-DWN-98/2 block.
8Drilling has already begun
8Two more drill ships are going to be on location soon
8Find out more on the schedule of the three drill ships on the job
8Also know more on when timeline for award of contracts for the FPSO, SPS and SURF components of the project
Click on Details
   Details
Sulphuric Acid Expansion Project 
8Cost - Rs 100 Crore
8Project Description:  A Fertilizer Company is planning an expansion of its Sulphuric acid plant. The tender for an EPC contractor will be released after environmental 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. The environmental clearance has been granted and amendments needed in current environmental clearance.
8Project Event: RFQ for the EPC contractor is likely to be released in April 2018.
Click here for more information
Ammonia-Urea Annual Maintenance Project       
8Cost - Rs 5 Crore
8Project Description: A Fertilizer Company is planning an annual shutdown maintenance in May 2018 at their existing fertilizer complex. The existing capacity is made up of 1050 MTPD of Ammonia, 1475 MTPD of Urea, 2550 MTPD of DAP and 5 MW of Captive Power. Pre-Vendor Qualification is necessary for a maintenance contractor
8Project Event: Tender for maintenance contractor is likely to be released in March 2018
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SSP Greenfield Project  
8Cost - Rs 25 Crore
8Project Description: A Fertilizer company has elicited environmental clearance for its greenfield Single Super Phosphate unit with a capacity 300 MTPD of SSP (Powder) and 350 MTPD of Granular SSP at Harjiana in Punjab. The equipment requirements are Cranes, Hoppers, Feeders, Conveyors, Valves, Grinding Mills, Tanks, Separators, Pumps, ID Fans, Collectors, Generator Mixer, Dens, Scrubbers, Screens, Elevators, Drums, Furnaces, Cyclones, Blowers, Belt, Weighing machine and more
8Project Event: Equipment purchase work is going on and RFQ for raw material is likely to be released in Q4 2018.
Click here for more information Details
For reference purposes the website carries here the following tenders:
8Supply of Caustic Soda Lye to different refineries under Rate Contract Details
8Supply of Tube Bundles for DHT Project Details
8Procurement of U Tube Bundle of Ethylene Vaporizer for BCPL-Lepetkata Details
8Procurement of Workstation for Sub Surface Team in Mehsana Asset Details
8Hiring of one Nitrogen Pumping Unit for a period of one year for Ankleshwar Asset Details
8Procurement of Centralizers for the year 2018-19 for Mehsana Asset Details
8Supply of Nickel/ Chrome plated Brass Gas Appliance Ball Valves Details
8Retubing of Heat Exchangers during M&I shutdown Details
8Supply of Sulphuric Acid at refinery Details
8Rate Contract for supply of Helium Gas and Liquid Nitrogen Details
8Supply of Sodium Hypochlorite at refinery Details
8Procurement of Transducers at refinery Details
8Corrigendum: CIPS On-Off, CAT and DCVG Survey along JLPL and its Spur Pipelines Details
8Procurement of Spares for Bellis Make Steam Turbines Details
8Appointment of consultant for preparation of market assessment and overall bid strategy report, empanelment of execution agency, Detailed Feasibility Report (DFR) and providing bid advisory services Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8ONGC-HPCL merger will help us beat cyclical nature of biz, bring stability: Shashi Shanker Details
8Oil price edges lower as Libyan output undermines 2018 rally Details
8Global crude oil market "heading in the right direction" - Iraq Details
8World Economic Forum: PM Modi arrives in Zurich, on way to Davos Details
8HPCL may acquire MRPL in cash, share-swap deal; become 3rd-largest refiner Details
8ONGC-HPCL merger not to be equated with disinvestment: Pradhan Details
8HPCL buy likely to boost ONGC’s EPS by 4-9% Details
8Oil mergers on the boil Details
8Nagarjuna Oil gets additional three months to find a suitor Details
8Aviation: higher crude oil prices make for cloudy skies Details
8India's oil ministry seeks cut in excise duty on petrol, diesel in budget Details
8IMF forecasts India's GDP will grow at 7.4 per cent in 2018 Details
8PM Modi meets CEOs of global companies ahead of World Economic Forum Details
You can also click on Newsclips for more    Details
8Project Name: Refinery BS VI Motor Spirit Block Upgradation
8Project Cost: Rs 3313 Crore
8Project Description: An existing company along with EPC contractor is carrying out engineering activities to upgrade its BS V Motor spirit block to BS VI Motor Spirit block at its refinery, involving the construction of a Naphtha hydrotreater unit, Continuous catalytic reformer (CCR) unit, and a Light naphtha isomerization unit. Procurement for the CCR unit is already completed. RFQ for the procurement is already out.
8Project Event: RFQ for erection and installation work is expected by March 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Mar/2018
8Release Date: Apr/2018
8Start Date: Q4:2016
8Completion Date: Q2:2020
Click here for more details.
8Project Name: Refinery Greenfield Petrochemical Complex
8Project Cost: Rs 20000 Crore
8Project Description: An existing company along with EPC contractor is planning to construct a petrochemical complex and a naphtha cracker unit with a capacity of 1.7 MMTPA in its refinery. RFQ for the equipment is already out.
8Project Event: RFQ for civil work is expected by March 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Mar/2018
8Release Date: Apr/2018
8Start Date: Q2:2018
8Completion Date: Q2:2022
Click here for more details.
8Project Name: Offshore Field Development
8Project Cost: Rs 280 crore.
8Project Description: Promoter RFQs for an offshore field development have been slightly delayed. The project involves re-entry, completion and hook-up of existing wells as well as drilling, completion, and hook-up of subsea wells. This will also involve installation of a Mobile Offshore Production Unit for processing of produced fluids, laying of a subsea pipeline and hot-tapping into an existing pipeline for oil evacuation. Drilling will be carried out using a Mobile Offshore Drilling Unit (MODU)- Jack up Rig. Further RFQs are expected shortly.
8Project Event: RFQs for hiring services for MOPU are expected by March 2018
RFQs for hiring services for MODU are expected by March 2018.
8Expenditure Approval: Q3/2017.
8RFQ Date: Mar/2018.
8Release Date: Apr/2018.
8Date: Q3/2018.
8Completion Date: Q3/2020.
Click here for more details
8Project Name: GGS Office and Rain Water Harvesting.
8Project Cost: Rs 20 crore.
8Project Description: RFQs for the promoter's GGS associated development plan and a rainwater harvesting programme has been delayed a bit. The harvested water will be used for beneficial uses like gardening, toilet flushing, etc. and also for recharging of groundwater aquifers. The project involves the construction of an office complex, boundary walls, 2 groundwater recharge wells and other support facilities. The groundwater wells will be constructed at a cost of Rs 15 lakh each.
The TOR for the project has not been granted as of now. However necessary corrections have been made.
8Project Event: RFQ for hiring EPC contractor for the project is expected by February 2018 instead of January 2018.
8Expenditure Approval: Sep/2017
8RFQ Date: Feb/2018
8Release Date: Mar/2018
8Start Date: Q2/2018
8Completion Date: Q2/2019
Click here for more information
8Project Name: Offshore SPS and SURF Development.
8Project Cost: Rs 15000 crore.
8Project Description: RFQs for a techno-commercial bidding round for the development of an offshore field for the integrated Sub Sea Production System (SPS) and Subsea Umbilical Riser and Flow (SURF) has been slightly delayed. Currently, the pre-qualification discussion process is going on and is expected to end in a week or two. Further RFQs are expected shortly.
8Project Event: The techno-commercial bidding process will be held by March instead of January end 2018.
8Expenditure Approval: 2014
8RFQ Date: Mar/2018
8Release Date: Apr/2018
8Start Date: Q2/2018
8Completion Date: 2025
Click here for more information Details
8Project Name: Thermal Power Plant Maintenance Project (Unit-1)
8Project Cost: 18 crores
8Project Description: The owner has planned a 31-day scheduled maintenance of Unit-1 (300 MW) in the 1200 MW Thermal Power Station covering an annual maintenance of equipment which includes overhauling of auxiliary parts of turbine, boiler, generator comprising HP, IP, LP cylinders gas testing, testing and cleaning of condenser parts, and residual life assessment of boiler pressure parts. 
8Equipment required will be air filters, condenser tube banks, thrust bearing, journal bearings, turbine casing among others.
8Project Event: RFQs for equipment required are expected by fourth week of January 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: 28/Jan/2018
8Release Date: Feb/2018
8Start Date: 1/Mar/2018
8Completion Date: 31/Mar/2018
 Click here for more information
8Project Name: Greenfield Hydroelectric Project : S&I works delays RFQ
8Project Cost: 400 crores
8Project Description: The owner is planning to construct a 60 MW (2*30 MW) greenfield hydroelectric power plant. TOR has been granted on October 2014. The RFQs for consultancy services and various works are getting delayed on account of delay in survey and investigation works at the site for preparation of DPR. The detailed project report will be prepared by the owner. Further bid for an EIA consultant for preparation of EIA is expected soon. The owner after finalization of DPR will come to know whether to come as an EPC contract or package wise bids.
8Project Event: RFQ for an EIA consultant is expected by Q4 2018.
8Expenditure Approval: Q1:2019
8RFQ Date: Q4:2018
8Release Date: Q1:2019   
8Start Date: 2020
8Completion Date: 2025
 Click here for more information Details
Reliance Industries' Refinery Off Gas Cracker system was made operational in December, 2017.
8Out of the 10 petcoke gasifiers, four are expected to start by March 2018 and the rest in FY19.
8Even as the petrochemicals segment does well, the company's domestic E&P operations continue to shrink.
8KG Basin production declined to 5 mmscmd, down a third year on year and 9.6% quarter to quarter. More wells are shutting down and this will push down output even more.
8Shale gas output seems to have hit a ceiling of late.
8Incremental gas from the company's fresh R-series field in the KG Basin is now expected in 2020.
8And that is when the situation will look up.
Click on Reports for more  Details
India's current gas production system seems to be bad shape
8The KG- OSN-2001/3 block is not producing much and there is a gross underperformance of its wells.
8RIL's Sohagpur West isn't able to maintain output as well
8The Raniganj East field of Essar too is closing some wells as its sole offtakers has reduced consumption
8The bad news is that RIL has announced the closure of one more well last month due to high water production.
8In the Panna-Mukta, production is lower.
8India will have to wait a little longer before fresh production comes in later in 2018 from ONGC new fields
8A step up in production is expected from 2019 and going through 2020 and 2021
Click on Reports for more Details
India is a long way off from reducing its import dependence for crude oil, going by current statistics.
8Crude oil production in  December, 2017 was 6.8% lower than target and 2.1% lower when compared with December 2016. There are no immediate signs of a significant upturn in crude production from domestic fields
8On the gas production front too, output is lower than targeted
8Both private and public sector gas output is lower that expected but private production was down by a steep 24% during the month.
Click on Reports for more Details
High LNG prices driven by strong Asian demand has got lobbies in the US working hard to get permissions for new LNG terminals to come up.
8The pro LNG terminal lobby is arguing for quick approvals as new LNG projects are multiyear, multi-billion dollar efforts, claiming that they shouldn’t be held hostage by changing politics.
8There’s a tight window to capture market share and the time is now, the lobby is trying to project.
8While the pro LNG lobby claims that new terminals are going to create jobs, the anti LNG lobby seems to be saying exactly the opposite
8This group is of the view that LNG export terminals keep domestic gas prices high, create shortages and kill jobs
8Find out more on how gas lobbies pull in different directions and how US policy is shaped in the midst of such contradicting forces
Click on Reports for more Details
Global LNG demand has been on the rise, increasing global gas prices and creating favorable netbacks for US LNG supplier Sabine Pass
8Systematic market changes in Asia are seeing higher LNG prices.
8So much so that Sabine Pass' netback was a high of $5.24/MMBtu in late December.
8Sabine Pass is currently working at full utilization, belying critics and cynics which saw an LNG market in over supply.
8The LNG market may still turn tepid in the face of new capacities springing up, but right now the going seems to be extremely good.
Click on Reports for more  Details
The rise in spot prices is coming at a time when GAIL should be readying itself to take on its US commitments now that gas has begun flowing in from additional trains in Sabine Pass.
8The problem however is that the Indian gas major pressed the panic button earlier when Asian and Indian LNG prices were low.
8It sold off some of its commitments to bigger LNG suppliers while at the same time entering into swap deals for oil-indexed deliveries which are now trading at lower prices than the spot market in Asia
Click on Reports for more Details
The cold wave in northern Asia - by far the world’s biggest LNG-consuming region - has also opened up arbitrage opportunities for traders, attracting LNG tankers from the United States
8Spot prices climbed to over $11.70.  Several February cargoes were sold this week at well over $11/mmbtu . Even spot LNG prices traded in the $10 per mmBtu range. Some March bids were reported at $10 per mmBtu.
8The point to note is that Asian spot markets are not only at their highest since November, 2014, but they have also been above oil-linked LNG prices since the beginning of last December - a sign the market is unusually tight.
8Spot LNG  is clearly more expensive than this oil-indexed gas - which currently costs around $8.50 per mmBtu
Click on Reports for more Details
The spurt in domestic E&P business could not have come at a better time for E&P professionals.
8A long period of low prices has seen a lot of retrenchment in the industry. Professionals retrenched abroad had also come back to India.
8But the situation seems to be looking up now
8A set of new companies has come into the business after the completion of the discovered round.
8Even existing companies in the E&P business are on the lookout for E&P professionals
8Experience seems to be at a premium and retired professionals are back in demand
Click on Reports for more on where such professionals are wanted.  Details
US shale oil output seems to be going up explosively, thereby putting a brake on further increases in oil prices.
8Latest data shows a big increase in rig deployment.
8The US data however comes in the midst of a reaffirmation by OPEC and Russia that they will persevere with oil-production cuts until the end of the year to clear a global glut. They also signaled their readiness to cooperate beyond the current year.
8The website carries here a series of reports on how US oil production is responding to positive price signals, in terms of rig counts and production increases. Click on Report for more. Details
8Get the full set of recommendations on GST rate changes on services by the 25th GST Council Meeting. Click on Report for more .
8Find out how banana peel can raise efficiencies in bio-ethanol production. Out of the total fruit production worldwide, banana (Musa sapientum) makes up 16% share in it and Maharashtra being second largest world fruit producers consisting of 21.4% of total share in India. Click on Report for more .
8India has promulgated a Safety Fairway in and around its offshore development area in the Arabian Sea up to the Exclusive Economic Zone (EEZ) due to increased weather-related marine accidents and dense traffic. There is also a warning to use authentic mapping data as some Electronic Chart Display and Information Systems (ECDIS) in ships are exhibiting operating anomalies. Click on Report for more .
8What does ONGC have to say formally about the takeover of HPCL. Here is more. Click on Report.
8Get further details on a full spectrum East European E&P services company which may be keen to work in India where onland E&P business is expected to boom. Click on Report for more .
8Pneumatic valve positioner market share, Top manufacturers and market scope forecast to 2022. Click on Report for more .
8Find out more on why quantitative analysis shows that the ONGC scrip is now in the over-priced zone. Click on Report for more .
8Find out the full details of why shale gas and oil production in the EU failed to take off. Will the story repeat itself in India? Click on Report for more . Details
Energy Saving-cum- Ammonia-Urea Expansion Project  
8Cost - Rs 540 Crore
8Project Description:  A Fertilizer Company has hired an EPC contractor, which is doing the Detail Engineering for the energy saving-cum-expansion project which will reduce energy consumption of urea from 6.5 Gcal/t to 5.75 Gca//t, ammonia from 9.6 Gcal/ ton to 8 Gcal /ton while enhancing ammonia capacity from 240900 MTPA to 328500 MTPA and urea from 419750 MTPA to 569400 MTPA at Mangalore, Karnataka. The project currently awaits environment clearance. The EPC contractor will begin taking out RFQ for equipment shortly. 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 many more
8Project Event: RFQ for equipment is likely to be released in February 2018.
Click here for more information
Ammonia-Urea Annual Maintenance Project      
8Cost - Rs 5 Crore
8Project Description: A Fertilizer Company is planning an annual maintenance shutdown in May 2018 at their existing fertilizer complex. The existing capacity is made up of 240900 MTPA of Ammonia, 419750 MTPA of Urea, 146000 MTPA of Sulphuric acid and 411500 MTPA of DAP Unit.They will release the tender for registered user only.
8Project Event: Tender for Maintenance Contractor is likely to be released in February or March 2018
Click here for more information
Single/Triple Super Phosphate Greenfield Project   
8Cost - Rs 25 Crore
8Project Description: A Fertilizer company is on hold for its greenfield Single/ Triple Super Phosphate Fertilizer project with a capacity 100,000 MTPA.The proposal for the environment clearance is likely to be submitted in January 2018. The equipment requirements are Cranes, Hoppers, Feeders, Conveyors, Valves, Grinding Mills, Tanks, Separators, Pumps, ID Fans, Collectors, Generators, Mixers, Dens, Scrubbers, Screens, Elevators, Furnaces, Cyclones, Blowers, Belts, Weighing machines and more
8Project Event: The Project is on hold and is likely to be active in September 2018.
Click here for more information  Details
This website too has put together a highly experienced multi-disciplinary team to provide full spectrum E&P services
8The team is made up of active and retired executives of Indian and multinational companies capable of providing the full gamut of services in the E&P sector.
8We provide a low cost option and our team is available for independent third-party validation of E&P interpretation and results.
Among the services we provide are:
8Data Evaluation of Exploratory and Producing blocks across various Basins of India and abroad. 
8Data viewing, both online using virtual data room and hard copies as well as data analysis for evaluating degree of prospectivity of the licensed area. 
8Interpretation of 2D and 3D seismic data comprising loading of seismic and well data in workstations using interpretation software. 
8Prepare seismo-geological sections, time and depth maps at various levels, attribute analysis, volumetric analysis of geological reserves and expected ultimate recovery of hydrocarbons. This will help identify prospects and leads at different levels. Finally, identify well locations for drilling exploratory blocks and development programme for producing blocks. 
8We can also help in managing a block or field after acquisition. In this, our services include setting up of project offices and other establishments, arranging manpower (both technical and non technical), getting statutory permissions from the government, following up on commitments towards government entitlements through active liaison with the DGH, undertaking EIA (Environment Impact Analysis), arranging Seismic Data Acquisition, Processing and Interpretation (API), arranging drilling rigs for drilling various exploratory and development wells and workover rigs for well repair and well servicing jobs. 
8We can also work with out clients in the implementing and monitoring of API, preparation of complete well drilling plan with Geo Technical Order (GTO) for drilling locations and workover operations.
8Monitoring and supervision of well site operations during drilling and preparation of well completion reports is something we can do. 
8We follow through our recommendations with subsequent supervision of well testing, reservoir studies, eventually putting wells to production.
Please go to the Contact Us button to learn more Details
For reference purposes the website carries here the following tenders:
8Supply, Installation and Commissioning Work of Mobile Access Platform with Bridge Arrangement for Reactor and two General Purpose Working Platform for day to day maintenance in LLDPE/ HDPE Unit Details
8Procurement of Thermal Detectors for Installation in GTC/ GTG Details
8Procurement of IP-EPABX and associated equipment for Tripura Pipeline System Details
8Hiring of services for Operation and Maintenance of CGGS Madhuban and FGS Chabua for a period of four years Details
8Transportation of Bare and Coated Pipelines Details
8Supply of 16 MT of Pentanedione/ Acetyl Acetone Details
8Carrying out Quantitative Risk Analysis, Hazard Operability Study and Mitigation Measures in Visakha Terminal Details
8Removal and rectification of casing pipe shorted with carrier pipe near various cased crossing under Barauni-Kanpur Pipeline in Bihar and UP Base Details
8Composite Works for installation of VOC Recovery System at Existing Effluent Treatment Plant of refinery Details
8Expert visit for Flare flowmeters at refinery Details
8Procurement of Level Switch and Temperature Transmitters Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8India restricts use of imported petcoke in Delhi region to curb pollution Details
8Nitin Gadkari wants cars to run on biofuels to reduce oil bill load Details
8ONGC to acquire govt's 51.1% stake in HPCL for Rs 36,915 crore Details
8Russian and Saudi energy ministers satisfied with oil market rebalancing - statement Details
8Gujarat Alkalies may supply chlorine for oil PSUs’ Ratnagiri project Details
8Cairn India evaluating overseas options: Anil Agarwal, Executive Chairman, Vedanta Details
8Acquisition amount well within recommended figures: ONGC CMD Details
8Chidambaram lambasts 'anti-consumer' Centre over surging petrol, diesel prices Details
8Six of 10 most valued firms add over Rs 1 lakh crore to m-cap Details
8Gujarat power distribution companies seek hike in fuel surcharge Details
8HPCL acquisition to improve ONGC's appetite for overseas acquisition: CMD Shashi Shanker Details
8Will India succeed in oil and gas sector; here is how politics is trumping energy security Details
8If Narendra Modi government wants to cut oil import bill 50 pct by 2030, here is what must be done Details
8ONGC-HPCL deal: a cozy arrangement Details
8Budget 2018: A trinity of challenges confronts Arun Jaitley Details
8Trying to bring petrol, diesel under GST: Dharmendra Pradhan Details
8With BS VI, even diesel can be a clean fuel, says Mercedes’ Roland Folger Details
8Oil prices rise on decline in U.S. drilling, Syria conflict Details
8Students develop device to keep track of domestic LPG consumption, to reduce delay in supply Details
8HPCL to retain brand, autonomy under ONGC Details
You can also click on Newsclips for more    Details
8Project Name: POL Terminal Cum LPG Bottling Plant Expansion Project
8Project Cost: Rs 500 Crore
8Project Description: An existing company along with EPC contractor is planning to expand its POL terminal from 76216 KL to 115575 KL while also planning to construct a new LPG bottling plant of 3600 MT (3X1200 MT). Environmental Clearance is expected to be granted by April 2018. At present, site preparation work is going on. The requirement of the civil work will be out after the equipment requirement RFQ.
8Project Event: RFQ for major equipment is to be expected by January 2018.
8Project Event: RFQ for the civil 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 details.
8Project Name: Refinery IndJet Unit Moderization Project
8Project Cost: Rs 145 Crore
8Project Description: An existing company along with EPC contractor is planning to install a new IndJet unit to produce 250 KTA of Aviation Turbine Fuel (ATF) and 75 KTA of Pipeline Compatible Kerosene (PCK) from its Refinery. RFQ for the equipment is already out.
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: Q1:2018
8Completion Date: Q3:2020
Click here for more details. Details
8Project Name: Procurement of LP Turbine Blades in Thermal Power Station
8Project Cost: 15 crores
8Project Description: The owner is planning to procure new LP turbine blades in a 600 MW Thermal Power Station. The owner will procure a new LP turbine including fasteners in case of failure of existing turbine blades, as failure of LP turbine blades will result in shutdown of the unit. Administrative approval is awaited, after which the procurement team of the owner will come out with a bid for the LP turbine blades.
8Project Event: RFQ for purchase of a LP turbine blades is expected by March 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Mar/2018
8Release Date: Apr/2018
8Start Date: Jun/2018
8Completion Date: Jul/2018
 Click here for more information
8Project Name: Greenfield Thermal Power Station
8Project Cost: 30000 crores
8Project Description: The owner along with EPC contractor is planning to construct a 4000 MW (5*800 MW) super-critical coal based greenfield Super Thermal Power Plant. Currently, material supply at the site has been started. The EPC contractor has already come out with bids for land development works. Boiler and Turbine will be given by the EPC contractor. Construction work at the ground is to start in next 4-5 months. The EPC contractor will come out with a BoP package, electrical equipment, and FGD package soon.
8Project Event: RFQs for a BoP package are expected by Q2 2018.
8Expenditure Approval: Q2:2014
8RFQ Date: Q2:2018
8Release Date: Q4:2018    
8Start Date: Q3:2018
8Completion Date: Q2:2024
 Click here for more information Details
Bid Round I under Open Acreage Licensing (OAL) Programme for international competitive bidding was launched on January 18
8The e-bidding portal and the Notice Inviting Offer (NIO) are out.
8The EOI submission system already shows widespread interest across different geographies in India, even in areas which were earlier thought to be non-prospective.
8The website carries here a spatial description of National Data Repository information across India in terms of oil logs as well as 2D and 3D seismic data
8A 10 minutes by 10 minutes grid picture is also carried here of the Indian data
826 sedimentary basins with a total area of 3.36 sq km covering onland, shallow water and deepwater areas are covered in the database. The data is organized into the smallest possible units thereafter within these basins
8Fresh studies have shown an almost 50% increase in hydrocarbon resources
8A big feature of the new system is the opening up of the Kutch region where the undiscovered prognosticated resources are assumed to be 8271 mmtoe in relation to discovered resources of a mere 71 mmtoe.
8The Saurashtra Basin, offshore and onshore, has even higher unprognosticated resources
8There are lots of undiscovered plays in the well-explored Mumbai Basin as well
8The KG Basin has notched up the highest levels of available hydrocarbon reserves but given treacherous geology, exploration will not be a simple job.
8The Assam Self and the Assam Arakan fold have come up with large untapped resources as well
8Rajasthan has thrown up a lot of surprises too
8Play-wise resource estimation is given here. Several new basins have been opened up, with good prognosticated reserves.
Click on Reports for more Details
There was an interactive session held by the DGH for potential investors in the new launched open acreage blocks
8Many of the usual names turned up
8There were some new faces too
8For potential business development managers or those who are looking for tie-ups, collaborations or even joint surveys or ventures, the list will be a useful one to keep in the phone book.
Click on Reports for more Details
Here are some interesting facets to the ongoing technological disruption in the global energy market which have relevance for India
8Despite many government announcements and strong press coverage regarding vehicle electrification, there are dramatically new alternative technologies which can upset the applecart yet. Find out more on what these alternatives are and how they are gaining traction. It is still an open bet on which technology will emerge a winner.
8Fully  autonomous vehicles are still some years away, and will be context-specific. A vehicle running in California cannot suddenly be adopted to Delhi.
8Cost is one among multiple factors in the scaling up of battery manufacturing. There are other factors too which Indian policy makers will have to take into account when working on indigenizing technology.
8Grid management is critical to electric vehicle (EV) adoption. And there are lessons here for the government.
8Automobile manufacturers will need to restructure their business models around value creation rather than being component centric.
8Technology diffusion goes beyond cost-competitiveness. And that is a big lesson for India
8Emerging markets will also adopt EVs, driven primarily by government policy but outcomes will differ. China will forge a different path from India
8Automation, electrification and shared mobility imply very different types of impacts in different combinations for different countries and it will not be a smooth ride.
Click on Reports for more Details
The LNG industry is going through a transformation in scale and outlook.
8Buyers are increasingly reluctant to follow the path they had taken before
8Contracts are being re-written and every supplier now fears what the next contract renewable will have in store
8New funding matrices are being built for LNG terminals without long term contracts but will these help the Mozambique project? Find out how the possibility of short term contacts and full merchant exposures are creating what are called "two phase" projects. How will high risk counterparty contacts be valued by creditors?
8Qatar is going to another phase of LNG expansion but unable to work out long term contacts, will it just become a low cost producer willing to take in anyone who is willing to buy, regardless of the transaction mode?
8LNG shipping is going through a massive transformation. Find out how new technology is allowing for slow steaming and how this is changing the nature of the spot business game. What is being made of old, inefficient ships which can no longer compete in the market place?
8The enthusiasm for "emerging Asia" seems to be waning a little bit. Find out why
8Get a full lowdown on India's LNG contracts and their start and end dates
Click on Reports for more Details
The hub price-oil indexed arbitrage backfired for GAIL when oil prices were low
8How will it work out now, given oil prices are climbing up?
8The arbitrage was negative for most parts of 2017
8Will 2018 be different?
Click on Reports for more Details
8Want to hear Rabi Bastia speak on oil hitting a two-year high, disruptive technologies, the advent of battery cars and tensions in the Middle East? Here is an opportunity today. Click on Report for more.
8Clean vehicle adoption leads to a more significant reduction in petrol and diesel consumption than has generally been assumed, according to new research. Click on Report for more.
8Between 2001 and 2016, the International Finance Corporation (IFC) committed $127 billion through 3,343 projects across the developing world. But a new study seems to indicate that the focus has been all wrong. Click on Report for more.
8With GAIL reworking a deal with the Russians for supply of LNG, find out why the world now perceives India as masters in the art of renegotiating LNG deals. Most other companies refuse to negotiate assuming that a signed deal is sacrosanct no matter the consequences. It is an advantage or a disadvantage for India going forward to be tagged as master negotiators? Click on Report for more.
8Technology and policy developments point to the entry of more efficient new long haul trucks in the future. Find out more. Click on Report.
8In the midst of low gas prices, the world seems to have forgotten about large gas hydrates reserves found in Indian waters. There is still a view that commercial production is possible and the first to step in will be those countries without adequate conventional hydrocarbon reserves. Japan, Korea, India, China and Malaysia are among potential candidates. Click on Report for more.
8L&T has scaled down its guidance to zero to marginal positive growth in 2017-18 from the earlier guidance of 12-14% growth given weak order inflow witnessed by the company. But there is expected to be a reasonable uptick in business in Q-4 in the face of a reviving economy. Get a detailed outlook here. Click on Report.
8Business opportunity is coming up for a six well onland appraisal drilling programme. Find out more. Click on Report.
8Dr Fatih Birol, the IEA Executive Director, delivered a delivered a written testimony to the US senate on the state of the oil & gas industry. It makes for interesting reading on what the future has in store. Click on Report for more.
8If you are a global company, you should be aware on what kind of global risks the world faces in 2018. Here is a full preview. Click on Report for more.
8Oil marketing rebalancing will not be all that simple, says full report. Click on Report for more.
8Get the latest oil tanker rate report. Click on Report for more. Details
The new exploration policy is meant to see a big uptick in investments in the E&P segment
8But has it comes a little too late?
8Onland discoveries particularly in India can be executed at low cost and most of them spin money afterwards
8But those who have mostly done well is when they had a discovered field at hand.
8The problem however is going through the risky exploration phase given India's generally low overall hydrocarbon prospectively.
8Get a full analysis of how India's new exploration round will do
Click on Details to find out more about what this website has to say. Details
Ammonia-Urea Energy Saving Project   
8Cost - Rs 250 Crore
8Project Description:  A dertilizer company is planning to reduce its urea consumption matrices. The capacity of the ammonia plant is 1045 MTPD and the urea capacity is 1475 MTPD. The equipment requirements are Gas Turbine Generation, Heat Recovery Steam Generator, Pumps, Motors and more.The Project Consultant is PDIL. Expression of Interest Out.
8Project Event: EOI is out and the last date for submission is 19 February 2018.
 Click here for more information
Naptha to Natural Gas Feedstock Conversion Project       
8Cost - Rs 250 Crore
8Project Description: A Fertilizer Company has already completed some of the modification jobs to change its feedstock from Naptha to Natural gas in India.  A Project Consultant is helping out. Modifications in Ammonia Plant is being implemented due to changeover from naptha to gas.
8Project Event: Equipment purchase is going on.
Click here for more information Details
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