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Feb 2018
8MARINE insurance rates are actually hardening despite continued overcapacity, with signs that the soft market seen for around two decades could be coming to an end. Click on Report for more.
8South Korea’s Hyundai Heavy Industries has signed an MOU with Denmark’s MAN Diesel & Turbo to jointly develop liquefied petroleum gas dual-fuel engines. Click on Report for more.
8Get a complete update on what happened in the LNG industry across the world in January, 2018. Click on Report for more.
8Find out why as many as 3800 LPG tankers are registered out of Nagaland and why owners are now feeling threatened. Click on Report for more.
8Know more about India's crude imports from Iran in January, 2018. Click on Report for more.
8What are the latest maritime security risks around the world? Know more click on Report.
8The fact that India's latest oil & gas rounds are gaining traction worldwide seems to be evident from the fact that some global investment firms are showcasing then in their publications. Know more click on Report.
8There is bad news on the fiscal front as far as states are concerned: Aggregate spending of 20 states rose by just 1.8% YoY in 3QFY18, marking the slowest growth at least since FY11. Frugal spending is likely to have been caused by a weakness in tax receipts, which rose by a meager 2.4%. The aggregate fiscal deficit of the states touched 52.6% of Budget Estimates during April-December 2017, higher than the average of 43.5% in the last five years. Click on Report for more.
8The Shipping Corporation of India did not live up to its performance expectation so far. But will it now? Click on Report for more. Details
8South Korea’s Hyundai Heavy Industries has signed an MOU with Denmark’s MAN Diesel & Turbo to jointly develop liquefied petroleum gas dual-fuel engines. Click on Report for more.
8Get a complete update on what happened in the LNG industry across the world in January, 2018. Click on Report for more.
8Find out why as many as 3800 LPG tankers are registered out of Nagaland and why owners are now feeling threatened. Click on Report for more.
8Know more about India's crude imports from Iran in January, 2018. Click on Report for more.
8What are the latest maritime security risks around the world? Know more click on Report.
8The fact that India's latest oil & gas rounds are gaining traction worldwide seems to be evident from the fact that some global investment firms are showcasing then in their publications. Know more click on Report.
8There is bad news on the fiscal front as far as states are concerned: Aggregate spending of 20 states rose by just 1.8% YoY in 3QFY18, marking the slowest growth at least since FY11. Frugal spending is likely to have been caused by a weakness in tax receipts, which rose by a meager 2.4%. The aggregate fiscal deficit of the states touched 52.6% of Budget Estimates during April-December 2017, higher than the average of 43.5% in the last five years. Click on Report for more.
8The Shipping Corporation of India did not live up to its performance expectation so far. But will it now? Click on Report for more. Details
The fact that GAIL was able to wrest 2.3 mmscmd of CBM gas from Essar Oil and Gas Exploration and Production Ltd's Raniganj field from Marix Fertilizers Ltd , which runs an adjacent ammonia-urea plant, seems to indicate that the plant will have to fall back on GAIL for supply of gas.
8The fertilizer plant is not connected to a pipeline yet.
8Its requirement of gas is around 2.4 mmscmd.
8GAIL's winning bid came for $7.1/mmscmd. The gas is likely to be fed to the new cross-country pipeline that GAIL is building at this moment as the price will turn out to be more economical than pushing in LNG either from the East or the West coast.
8Incidentally, the pricing formula used by Essar for its gas is more or less the same as the one used by Petronet LNG to source its gas from Qatar.
Click on Reports for more Details
8The fertilizer plant is not connected to a pipeline yet.
8Its requirement of gas is around 2.4 mmscmd.
8GAIL's winning bid came for $7.1/mmscmd. The gas is likely to be fed to the new cross-country pipeline that GAIL is building at this moment as the price will turn out to be more economical than pushing in LNG either from the East or the West coast.
8Incidentally, the pricing formula used by Essar for its gas is more or less the same as the one used by Petronet LNG to source its gas from Qatar.
Click on Reports for more Details
IMO says ‘no turning back’ on 2020 sulphur cap on bunker fule even as members are continuing to press for a transitional period for enforcing the 2020 sulphur cap on fuels.
8IMO reiterated in a message on Monday that there would be no transition period.
8The big challenge for India post 2020 is to ensure that the excess high sulphur fuel is not diverted to India
8The fuel can used for power generation and industrial production and is most likely to be used in Africa, Middle East and Asia
8Excess supply will push down the price of this fuel and make it significantly cheaper than natural gas, thereby enticing dual use furnace owners across India to switch fuels.
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8IMO reiterated in a message on Monday that there would be no transition period.
8The big challenge for India post 2020 is to ensure that the excess high sulphur fuel is not diverted to India
8The fuel can used for power generation and industrial production and is most likely to be used in Africa, Middle East and Asia
8Excess supply will push down the price of this fuel and make it significantly cheaper than natural gas, thereby enticing dual use furnace owners across India to switch fuels.
Click on Reports for more Details
How is the Indian refining industry going to pan out in 2018?
8Earnings will be flat for downstream oil companies as managing refining and marketing margins at current high levels will be a feat in itself
8Earnings last year were inflated by very high inventory gains but that will not repeat this year.
8The gross auto fuel marketing margins to remain in the range of Rs1.9-2/liter despite the likelihood of increased competition from private players and imposition of price control in the run up to the elections
8It is already known that oil companies stopped oil prices from going up before the Gujarat state elections despite the increase in crude prices, which resulted in a blip in their margins.
8The website documents here how monthly marketing margins have behaved among these companies over the last one year.
Click on Reports for more Details
8Earnings will be flat for downstream oil companies as managing refining and marketing margins at current high levels will be a feat in itself
8Earnings last year were inflated by very high inventory gains but that will not repeat this year.
8The gross auto fuel marketing margins to remain in the range of Rs1.9-2/liter despite the likelihood of increased competition from private players and imposition of price control in the run up to the elections
8It is already known that oil companies stopped oil prices from going up before the Gujarat state elections despite the increase in crude prices, which resulted in a blip in their margins.
8The website documents here how monthly marketing margins have behaved among these companies over the last one year.
Click on Reports for more Details
What are Oil India Ltd's future plans?
8The management has claimed that gas output will go up by 8% annually to around 10 mmscmd by 2020-21 but industry watchers do not think that is possible
8LPG output too is slated to go up
8But beyond that there is nothing much to offer. Production costs are going up.
8ONGC on the other hand has a more enticing story to tell, as new gas fields go into production.
Click on Reports for more Details
8The management has claimed that gas output will go up by 8% annually to around 10 mmscmd by 2020-21 but industry watchers do not think that is possible
8LPG output too is slated to go up
8But beyond that there is nothing much to offer. Production costs are going up.
8ONGC on the other hand has a more enticing story to tell, as new gas fields go into production.
Click on Reports for more Details
Know more about why the Union budget was a big disappointment for the Indian oil & gas industry.
8Manyt of the demands were not met
8Besides the non-granting of infrastructure status and GST, there were other expectations too
8Clarifications did not come forward to put an end to on-going litigation resulting from non-inclusion of statutory taxes with gross revenues for purpose of section 44BB of the Act and eligibility of sub-contractors for 44BB regime, among others
8The website carries here a comprehensive assessment of the Union budget and the impact of the changes inflicted on India's taxation regimen
Click on Reports for more Details
8Manyt of the demands were not met
8Besides the non-granting of infrastructure status and GST, there were other expectations too
8Clarifications did not come forward to put an end to on-going litigation resulting from non-inclusion of statutory taxes with gross revenues for purpose of section 44BB of the Act and eligibility of sub-contractors for 44BB regime, among others
8The website carries here a comprehensive assessment of the Union budget and the impact of the changes inflicted on India's taxation regimen
Click on Reports for more Details
Get the latest global E&P breakeven cost calculation going up to 2025
8Also, where are future supplies going to come from?
8What is encouraging is that E&P spending has gone up 8% in 2018 already
8Know more about where the capex surge is coming from
8The point to eventually note is that lower cost structure and ongoing productivity improvements are enabling a larger global resource base to be economic at lower prices than seen prior to 2014
Click on Reports for more Details
8Also, where are future supplies going to come from?
8What is encouraging is that E&P spending has gone up 8% in 2018 already
8Know more about where the capex surge is coming from
8The point to eventually note is that lower cost structure and ongoing productivity improvements are enabling a larger global resource base to be economic at lower prices than seen prior to 2014
Click on Reports for more Details
Oil Marketing Companies need to keep a watch over policy prescriptions being increasingly made to restrict petrol two wheeler sales in select regions of India in an attempt to push electric bikes instead
8This has been an effective policy tool in China where the use of electric two wheelers had surged as a result
8While this move will take some time to come about, it is a measure that is going to impact the industry in more ways than one
8Get a complete perspective on the kind of policy recommendations that are being pushed by the newly emergent electric vehicle industry in India and how it can impact the oil & gas industry.
Click on Reports for more Details
8This has been an effective policy tool in China where the use of electric two wheelers had surged as a result
8While this move will take some time to come about, it is a measure that is going to impact the industry in more ways than one
8Get a complete perspective on the kind of policy recommendations that are being pushed by the newly emergent electric vehicle industry in India and how it can impact the oil & gas industry.
Click on Reports for more Details
How is Petronet LNG going to grow from here onwards
8Know more on its future capex plans
8How is its plan for a collaboration with two other Japanese companies for an LNG terminal in Sri Lanka panning out?
8Why has the Kochi terminal utilization rate come down?
8When is the evacuation network from Kochi eventually going to be ready?
Click on Reports for more Details
8Know more on its future capex plans
8How is its plan for a collaboration with two other Japanese companies for an LNG terminal in Sri Lanka panning out?
8Why has the Kochi terminal utilization rate come down?
8When is the evacuation network from Kochi eventually going to be ready?
Click on Reports for more Details
Co-generation Greenfield Project
8Cost: Rs 20 crore
8Preject Description: A Fertilizer company has elicited an environmental clearance in December 2018 for its greenfield co-generation unit with a capacity 3.5 MW in India.The project is waiting for capital approval, and it is likely to be the granted in April 2018.
8Project Event: RFQ for a contractor is likely to be released in May 2018
Click here for more information
Single/Triple Super Phosphate Greenfield Project
8Cost - Rs 30 Crore
8Project Event: Detail Project Report preparation is going on and proposal for an environmental clearance is likely to be submitted in March 2018. Tender for an EPC contractor is likely to be released in March 2018.
Click here for more information
Phosphoric Acid Greenfield Project
8Cost - Rs 10 Crore
8Project Event: RFQs for an EPC contractor is likely to be released in March 2018.
Click here for more information Details
8Cost: Rs 20 crore
8Preject Description: A Fertilizer company has elicited an environmental clearance in December 2018 for its greenfield co-generation unit with a capacity 3.5 MW in India.The project is waiting for capital approval, and it is likely to be the granted in April 2018.
8Project Event: RFQ for a contractor is likely to be released in May 2018
Click here for more information
Single/Triple Super Phosphate Greenfield Project
8Cost - Rs 30 Crore
8Project Event: Detail Project Report preparation is going on and proposal for an environmental clearance is likely to be submitted in March 2018. Tender for an EPC contractor is likely to be released in March 2018.
Click here for more information
Phosphoric Acid Greenfield Project
8Cost - Rs 10 Crore
8Project Event: RFQs for an EPC contractor is likely to be released in March 2018.
Click here for more information Details
For reference purposes the website carries here the following tenders:
8AMC of Gas and Flame Detectors Details
8Providing Gas Monitoring System for Bottling Plant Details
8Provision of Vehicle Tracking System in LPG Packed Trucks Details
8Coating refurbishment of Mainline in WRPL with Cold Applied Tape Details
8Supply of Calibration Gases Details
8Carrying out Ultrasonic Thickness survey at refinery Details
8Radiography agency for radiography jobs of heater bends, critical piping, small bore piping and equipments in refinery Details
8Procurement of spares of Double Carbon Ring Seals Details
8Complete servicing and maintenance of pressurization blowers of various Electrical sub stations in refinery Details
8Procurement of Electronic or Electromechanical Tank Truck Locking System Details
8Corrigendum: Hiring of services for fourcourt management at CNG station and PNG Operation Details
8Supply of around 117 Crore Litres of Anhydrous Ethanol Details
8Carrying out Pipeline Jobs at LPG plant Details
8Acquisition of land for POL project Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India seeks stake in Iranian oilfield, to raise crude oil imports Details
8India to get control of key Chabahar port in Iran for 18 months Details
85 crore jobs to be created by next year: MSME Minister Giriraj Singh Details
8India may have a new industrial policy in two months Details
8Uttar Pradesh cabinet clears biofuel policy to address crop burning Details
8Indian oil minister says Indian firms seek stake in Iran's South Azadegan field Details
8Iran deepens freight discount to boost oil sales to India - sources Details
8Fiji partners TERI for help in tackling climate change, achieve sustainability Details
8India, Iran ink 9 pacts after 'substantive' talks between Modi, Rouhani Details
8Abu Dhabi awards Oil Field Stake to Cepsa for $1.5 Billion Details
8Nagarjuna Oil Refinery Limited increases 19.74% on Feb 18 Details
8Iran deepens freight discount to boost oil sales to India: Sources Details
8ONGC Videsh to bid for Iran’s South Azadegan Oilfield, rework Farzad-B cost Details
8New industrial policy: Incentives for green tech, artificial intelligence likely Details
8Indian Oil Corp to invest Rs 70,000 crore to expand refining capacity Details
8Oil extends gains, but upside limited as dollar edges up Details
8EESL explores gas technology to cut power costs for establishments Details
8India aspires to and moving towards a $5 trillion economy: PM Modi Details
8Private Indian refiners likely to get stake in crude oil reserves Details
You can also click on Newsclips for more Details
8AMC of Gas and Flame Detectors Details
8Providing Gas Monitoring System for Bottling Plant Details
8Provision of Vehicle Tracking System in LPG Packed Trucks Details
8Coating refurbishment of Mainline in WRPL with Cold Applied Tape Details
8Supply of Calibration Gases Details
8Carrying out Ultrasonic Thickness survey at refinery Details
8Radiography agency for radiography jobs of heater bends, critical piping, small bore piping and equipments in refinery Details
8Procurement of spares of Double Carbon Ring Seals Details
8Complete servicing and maintenance of pressurization blowers of various Electrical sub stations in refinery Details
8Procurement of Electronic or Electromechanical Tank Truck Locking System Details
8Corrigendum: Hiring of services for fourcourt management at CNG station and PNG Operation Details
8Supply of around 117 Crore Litres of Anhydrous Ethanol Details
8Carrying out Pipeline Jobs at LPG plant Details
8Acquisition of land for POL project Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India seeks stake in Iranian oilfield, to raise crude oil imports Details
8India to get control of key Chabahar port in Iran for 18 months Details
85 crore jobs to be created by next year: MSME Minister Giriraj Singh Details
8India may have a new industrial policy in two months Details
8Uttar Pradesh cabinet clears biofuel policy to address crop burning Details
8Indian oil minister says Indian firms seek stake in Iran's South Azadegan field Details
8Iran deepens freight discount to boost oil sales to India - sources Details
8Fiji partners TERI for help in tackling climate change, achieve sustainability Details
8India, Iran ink 9 pacts after 'substantive' talks between Modi, Rouhani Details
8Abu Dhabi awards Oil Field Stake to Cepsa for $1.5 Billion Details
8Nagarjuna Oil Refinery Limited increases 19.74% on Feb 18 Details
8Iran deepens freight discount to boost oil sales to India: Sources Details
8ONGC Videsh to bid for Iran’s South Azadegan Oilfield, rework Farzad-B cost Details
8New industrial policy: Incentives for green tech, artificial intelligence likely Details
8Indian Oil Corp to invest Rs 70,000 crore to expand refining capacity Details
8Oil extends gains, but upside limited as dollar edges up Details
8EESL explores gas technology to cut power costs for establishments Details
8India aspires to and moving towards a $5 trillion economy: PM Modi Details
8Private Indian refiners likely to get stake in crude oil reserves Details
You can also click on Newsclips for more Details
8Project Name: Greenfield Pipeline Project
8Project Cost: 3400 crores
8Project Description: The owner along with EPC contractor IL&FS Engineering and Construction Company Limited is carrying out construction activities of a natural gas pipeline project from Kochi to Mangalore with a capacity of 16 MMSCMD and length 1104 KM. The project was firstly completed in March 2013 but the deadline was rescheduled to June 2015 and again to February 2019 due to the ROW acquisition issues in Kerala and Tamilnadu. This project was going to be completed in two stages, with the first 44 KM pipeline phase connecting Kochi port to FACT plant already commissioned whereas the second phase of 1060 KM from Kotanand to Mangalore is presently under construction. Pipeline orders have already been placed. A slight delay in in trenching and laying work due to land acquisition.
8Project Event: RFQ for the trenching and pipeline laying work for phase-II is expected by April 2018.
8Expenditure Approval: Q2:2012
8RFQ Date: Apr/2018
8Release Date: May/2018
8Start Date: Sep/2012
8Completion Date: Q1:2019
Click here for more information
8Project Name: Refinery Greenfield Gasoline Hydrotreating Unit
8Project Cost: 554 crores
8Project Description: The owner along with EPC contractor Engineers India Limited is carrying out engineering activities to install a new Gasoline Hydrotreating Unit (GTU) of 0.9 MMTPA capacity and associated facilities to produce 100% BS-VI MS in its Mumbai refinery. Contracting for equipment and services are currently on.
8Project Event: RFQ for electrical and instrumentation work is expected by June 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Jun/2018
8Release Date: Jul/2018
8Start Date: Q1:2017
8Completion Date: Q1:2019
Click here for more information
8 Project Name: EPC contractor RFQ likely for 600 km pipeline network
8Project Cost: Rs 10000 Crore.
8Project Description: Promoter is planning the composite development of Petroleum Mining Leases (PML) blocks. The project involves development drilling of 300 wells, production installations and laying of 600 km infield pipeline. Currently, the project is in pre-clearance phase. The Environmental Clearance for the project is expected by August 2018. The process of hiring an EPC contractor for production installations and the pipeline laying is expected to begin soon. RFQ for the drilling rigs, Blowout Controller, Xmas Trees, Cementing, Wireline, Drill Collar etc is expected shortly.
8Project Event: RFQs for hiring Rigs and other equipment is expected by July 2018.
RFQs for hiring EPC contractor for pipeline part of the project is expected by September 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Jan/2019
8Completion Date: Jan/2021
Click here for more details
8 Project Name: Pipeline subcontract expected soon
8Project Cost: Rs 2000 Crore.
8Project Description: Promoter is planning the development of an Oil and Gas field. The project involves development drilling of 60 onshore wells, production installations and laying of 300 km infield pipeline. Currently, the project is in pre-clearance phase. The Environmental Clearance for the project is expected by October 2018. The process of hiring an EPC contractor for production installations is expected to begin soon. RFQ for the Drilling Rigs, Blowout Controller, Xmas Trees, Cementing, Wireline, Drill Collar etc is expected shortly.
8Project Event: RFQs for hiring Rigs and other equipment is expected by July 2018.
RFQs for pipeline subcontract is expected by March 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Mar/2018
8Release Date: Apr/2018
8Start Date: Mar/2019
8Completion Date: Apr/2021
Click here for more details Details
8Project Cost: 3400 crores
8Project Description: The owner along with EPC contractor IL&FS Engineering and Construction Company Limited is carrying out construction activities of a natural gas pipeline project from Kochi to Mangalore with a capacity of 16 MMSCMD and length 1104 KM. The project was firstly completed in March 2013 but the deadline was rescheduled to June 2015 and again to February 2019 due to the ROW acquisition issues in Kerala and Tamilnadu. This project was going to be completed in two stages, with the first 44 KM pipeline phase connecting Kochi port to FACT plant already commissioned whereas the second phase of 1060 KM from Kotanand to Mangalore is presently under construction. Pipeline orders have already been placed. A slight delay in in trenching and laying work due to land acquisition.
8Project Event: RFQ for the trenching and pipeline laying work for phase-II is expected by April 2018.
8Expenditure Approval: Q2:2012
8RFQ Date: Apr/2018
8Release Date: May/2018
8Start Date: Sep/2012
8Completion Date: Q1:2019
Click here for more information
8Project Name: Refinery Greenfield Gasoline Hydrotreating Unit
8Project Cost: 554 crores
8Project Description: The owner along with EPC contractor Engineers India Limited is carrying out engineering activities to install a new Gasoline Hydrotreating Unit (GTU) of 0.9 MMTPA capacity and associated facilities to produce 100% BS-VI MS in its Mumbai refinery. Contracting for equipment and services are currently on.
8Project Event: RFQ for electrical and instrumentation work is expected by June 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Jun/2018
8Release Date: Jul/2018
8Start Date: Q1:2017
8Completion Date: Q1:2019
Click here for more information
8 Project Name: EPC contractor RFQ likely for 600 km pipeline network
8Project Cost: Rs 10000 Crore.
8Project Description: Promoter is planning the composite development of Petroleum Mining Leases (PML) blocks. The project involves development drilling of 300 wells, production installations and laying of 600 km infield pipeline. Currently, the project is in pre-clearance phase. The Environmental Clearance for the project is expected by August 2018. The process of hiring an EPC contractor for production installations and the pipeline laying is expected to begin soon. RFQ for the drilling rigs, Blowout Controller, Xmas Trees, Cementing, Wireline, Drill Collar etc is expected shortly.
8Project Event: RFQs for hiring Rigs and other equipment is expected by July 2018.
RFQs for hiring EPC contractor for pipeline part of the project is expected by September 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Jan/2019
8Completion Date: Jan/2021
Click here for more details
8 Project Name: Pipeline subcontract expected soon
8Project Cost: Rs 2000 Crore.
8Project Description: Promoter is planning the development of an Oil and Gas field. The project involves development drilling of 60 onshore wells, production installations and laying of 300 km infield pipeline. Currently, the project is in pre-clearance phase. The Environmental Clearance for the project is expected by October 2018. The process of hiring an EPC contractor for production installations is expected to begin soon. RFQ for the Drilling Rigs, Blowout Controller, Xmas Trees, Cementing, Wireline, Drill Collar etc is expected shortly.
8Project Event: RFQs for hiring Rigs and other equipment is expected by July 2018.
RFQs for pipeline subcontract is expected by March 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Mar/2018
8Release Date: Apr/2018
8Start Date: Mar/2019
8Completion Date: Apr/2021
Click here for more details Details
8Project Name: Super-Critical Brownfield Thermal Power Plant
8Project Cost: 4500 crores
8Project Description: The owner is planning to establish a 800 MW super-critical thermal power complex in place of its existing 2x120 MW and 1x200 MW units. The dismantling tenders for 2x120 MW and 1x200 MW are already out which is under evaluation. Currently, PFR has been submitted to MoEF for scoping the TOR. Office buildings, DM plant, Coal Handling Plant and switch-yard has to be shifted to a new place for the existing units. The owner will come out with the requirement for consultancy services for DPR preparation soon. Moreover, bids for EPC contractors are likely to be out after preparation of EIA report.
8Project Event: RFQs for consultancy services for DPR preparation are expected to be out March 2018.
8Expenditure Approval: Q3:2018
8RFQ Date: Mar/2018
8Release Date: Apr/2018
8Start Date: Q1:2020
8Completion Date: Q3:2024
Click here for more information
8Project Name: Greenfield Hydroelectric Power Station
8Project Cost: 300 crores
8Project Description: The owner's 97 MW greenfield hydroelectric project is on hold on account of delay in S&I works and frequent bad weather conditions at the site. DPR is currently under preparation, which is at final stages of completion. Public hearing is still pending. The developer will come out with a requirement for an EIA consultant for preparation of EIA/EMP report.
8Project Event: RFQ for an EIA consultant is expected by Q3 2018, instead of Q4 2017.
8Expenditure Approval: 2014
8RFQ Date: Q3:2018
8Release Date: Q4:2018
8Start Date: 2020
8Completion Date: 2024
Click here for more information Details
8Project Cost: 4500 crores
8Project Description: The owner is planning to establish a 800 MW super-critical thermal power complex in place of its existing 2x120 MW and 1x200 MW units. The dismantling tenders for 2x120 MW and 1x200 MW are already out which is under evaluation. Currently, PFR has been submitted to MoEF for scoping the TOR. Office buildings, DM plant, Coal Handling Plant and switch-yard has to be shifted to a new place for the existing units. The owner will come out with the requirement for consultancy services for DPR preparation soon. Moreover, bids for EPC contractors are likely to be out after preparation of EIA report.
8Project Event: RFQs for consultancy services for DPR preparation are expected to be out March 2018.
8Expenditure Approval: Q3:2018
8RFQ Date: Mar/2018
8Release Date: Apr/2018
8Start Date: Q1:2020
8Completion Date: Q3:2024
Click here for more information
8Project Name: Greenfield Hydroelectric Power Station
8Project Cost: 300 crores
8Project Description: The owner's 97 MW greenfield hydroelectric project is on hold on account of delay in S&I works and frequent bad weather conditions at the site. DPR is currently under preparation, which is at final stages of completion. Public hearing is still pending. The developer will come out with a requirement for an EIA consultant for preparation of EIA/EMP report.
8Project Event: RFQ for an EIA consultant is expected by Q3 2018, instead of Q4 2017.
8Expenditure Approval: 2014
8RFQ Date: Q3:2018
8Release Date: Q4:2018
8Start Date: 2020
8Completion Date: 2024
Click here for more information Details
8With LNG prices moving higher, there is now talk of the Mozambique upstream-cum-LNG project -- in which the Indian public sector of trio of of ONGC, OIL and BPCL are invested -- reaching FID. There is talk of a large offtake deal being worked out with Tokyo Gas. Know more click on Report.
8Under the helm of the new PNGRB chairman, the regulatory body is likely to use roadshows in towns and cities of India to canvass support for future CGD rounds. Click on Report for more.
8What kind of gas volumes can be expected from Indraprastha Gas and Mahanagar Gas in the current financial year? Find out more click on Report for more.
8Find out more on the kind of margins paid by CGDs for using the retail outlets of OMCs to dispense the material.Click on Report for more.
8Was it really poor strategy adopted by GE Shipping Company in placing its ships, addition of ships without business, poor bargaining with customers and higher bunker prices (fuel) responsible for its poor performance recently? But the future remains bright. Click on Report for more.
8Get a complete detailed outlook on Australia's energy policy and its implications for the LNG trade. Click on Report for more.
8RIL consumes around 10 mmscmd of gas. Even though gasification projects have become functional, it will take a while before consumption goes down to around 1 mmscmd. Find out more click on Report for more.
8A global tender is out for supply of hydrogen sulphide and diverse offshore services. Click on Report for more.
8The M&A market for petrochemicals is likely to see a huge fillip in 2018. Find out more click on Report.
8If you are looking for good international agencies for marine travel fixtures, here is a list. Click on Report for more.
8Know more about the latest advances in corrosion mitigation technologies. A conference is coming up. Click on Report for more.
8How did Man Industries build an international line pipe empire? Find out more click on Report.
8A quantitative analysis shows that Alphageo is currently under priced . Click on Report for more. Details
8Under the helm of the new PNGRB chairman, the regulatory body is likely to use roadshows in towns and cities of India to canvass support for future CGD rounds. Click on Report for more.
8What kind of gas volumes can be expected from Indraprastha Gas and Mahanagar Gas in the current financial year? Find out more click on Report for more.
8Find out more on the kind of margins paid by CGDs for using the retail outlets of OMCs to dispense the material.Click on Report for more.
8Was it really poor strategy adopted by GE Shipping Company in placing its ships, addition of ships without business, poor bargaining with customers and higher bunker prices (fuel) responsible for its poor performance recently? But the future remains bright. Click on Report for more.
8Get a complete detailed outlook on Australia's energy policy and its implications for the LNG trade. Click on Report for more.
8RIL consumes around 10 mmscmd of gas. Even though gasification projects have become functional, it will take a while before consumption goes down to around 1 mmscmd. Find out more click on Report for more.
8A global tender is out for supply of hydrogen sulphide and diverse offshore services. Click on Report for more.
8The M&A market for petrochemicals is likely to see a huge fillip in 2018. Find out more click on Report.
8If you are looking for good international agencies for marine travel fixtures, here is a list. Click on Report for more.
8Know more about the latest advances in corrosion mitigation technologies. A conference is coming up. Click on Report for more.
8How did Man Industries build an international line pipe empire? Find out more click on Report.
8A quantitative analysis shows that Alphageo is currently under priced . Click on Report for more. Details
Some years ago, for public sector employees, the grass seemed to be greener on the other side.
8Employment and promotion opportunities were better and so were pay scales.
8But a recent study of public and private sector pay scales suggests that the roles have now reversed
8The public sector is the better paymaster
8Find out what the wage differentials are between these two segments in the oil & gas sector
Click on Reports for more Details
8Employment and promotion opportunities were better and so were pay scales.
8But a recent study of public and private sector pay scales suggests that the roles have now reversed
8The public sector is the better paymaster
8Find out what the wage differentials are between these two segments in the oil & gas sector
Click on Reports for more Details
Find out more on how LNG freight charges are going to behave moving ahead.
8Know more about why new tech DFDE charters are turning out to be more expensive than ST rates.
Also find answers to the following questions:
8What are the implications for future LNG projects in terms of affordability if LNG transport costs increase?
8What other factors should be taken into consideration in judging the relative attractiveness of, for example, European versus Asian LNG markets based on destination price references?
Click on Reports for more Details
8Know more about why new tech DFDE charters are turning out to be more expensive than ST rates.
Also find answers to the following questions:
8What are the implications for future LNG projects in terms of affordability if LNG transport costs increase?
8What other factors should be taken into consideration in judging the relative attractiveness of, for example, European versus Asian LNG markets based on destination price references?
Click on Reports for more Details
LNG prices are going to remain tight in 2018 on account of higher demand emanating from Asia, particularly from China.
8But there is another school of thought emerging that if price-sensitive LNG demand starts to diminish once the price is above $6/MMBtu and more so above $8/MMBtu, then this should be a warning sign to LNG project investors who require higher destination prices than these to break even.
8These investors are unlikely to be able to sign contracts, either on a fixed price or unrelated commodity basis, for example, oil, to achieve locked in prices above new market affordable prices.
Click on Reports for more Details
8But there is another school of thought emerging that if price-sensitive LNG demand starts to diminish once the price is above $6/MMBtu and more so above $8/MMBtu, then this should be a warning sign to LNG project investors who require higher destination prices than these to break even.
8These investors are unlikely to be able to sign contracts, either on a fixed price or unrelated commodity basis, for example, oil, to achieve locked in prices above new market affordable prices.
Click on Reports for more Details
What is the latest estimated breakeven cost of new LNG projects?
8Qatar has now got a two-step breakeven cost function. It has the lowest cost and is set to make money no matter what the cost of LNG is going to be
8The breakeven levels continue to move up for other producers rather steeply, after Qatar
8US to Europe -- for brownfield and greenfield projects -- is the next lowest cost regime, with breakeven levels at less than $6/mmbtu
8The cost gets higher when moving on to US and Australian projects aiming LNG cargoes to Russia
8Canada has the highest breakeven cost among all producers
Click on Reports for more Details
8Qatar has now got a two-step breakeven cost function. It has the lowest cost and is set to make money no matter what the cost of LNG is going to be
8The breakeven levels continue to move up for other producers rather steeply, after Qatar
8US to Europe -- for brownfield and greenfield projects -- is the next lowest cost regime, with breakeven levels at less than $6/mmbtu
8The cost gets higher when moving on to US and Australian projects aiming LNG cargoes to Russia
8Canada has the highest breakeven cost among all producers
Click on Reports for more Details
The ethanol industry has a big impact on a nation's economy in more ways than one
8Find out more on ethanol's evolution as plants adopt new technologies allowing them to process new feedstocks and produce new low-carbon biofuels and bio-products.
8Also know more about how ethanol co-products are evolving rapidly
8Check on how ethanol is now an effective, low-cost tool for fighting climate change.
Click on Reports for more
Details
8Find out more on ethanol's evolution as plants adopt new technologies allowing them to process new feedstocks and produce new low-carbon biofuels and bio-products.
8Also know more about how ethanol co-products are evolving rapidly
8Check on how ethanol is now an effective, low-cost tool for fighting climate change.
Click on Reports for more
Details
GAIL's unified tariff proposal has come in for criticism by all key gas buyers in the country
8But there are some buyers who seem to think that it will lower the cost of gas
8This is on account of a belief that they can source gas from different parts of India at reasonable cost
Click on Reports for more Details
8But there are some buyers who seem to think that it will lower the cost of gas
8This is on account of a belief that they can source gas from different parts of India at reasonable cost
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Carrying out Electromagnetic Acoustic Transducer Testing of High Temperature Insulated lines at refinery Details
8Supply of Cast Valves GGC for VGO-HDT Unit in refinery Details
8Periodic Testing of LPG Underground Storage Tanks Details
8Procurement of SS Gate Valves and SS Check Valves Details
8Supply of Compressor Stator Vanes of Gas Turbines Details
8Industries Skid Maintenance, Repairing and Painting Details
8Supply, Installation, Commissioning, Operation and Maintenance of SCMH CNG Compressor Packages Details
8Global Expression Of Interest for supply and apply of Hydrogen Sulphide Scavenger for Oil Field Application in Rajasthan Block Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Marathon Oil profit beats forecasts on rising crude, cost cuts Details
8WPI inflation eases for the second straight month to 2.84 per cent in Jan Details
8As usual, profitable PSUs may pay higher dividends Details
8Thackeray to meet Fadnavis over opposed oil refinery project Details
8Gaza's only power plant shut over fuel shortage Details
8Nigeria "not ruffled" by oil price drop, OPEC must focus on costs - Kachikwu Details
8Oil rises towards $65 on Saudi commitment to curb output, weak dollar Details
8Russia's Novatek, Saudi Aramco sign memo on cooperation - minister Details
8A year into OPEC's production cuts, Asia's oil markets have tightened Details
87 oil and gas blocks in Gujarat to be auctioned Details
8India to get $25 billion investments in oil and gas E&P by 2022: DGH Details
8Green Budget: Delhi govt plans polluting industries switchover to PNG Details
8Iranian President Rouhani could give India key to port Details
8Oil gains as dollar sags near three-year low; many Asian markets shut Details
8India's oil imports hit record high in January Details
You can also click on Newsclips for more Details
8Carrying out Electromagnetic Acoustic Transducer Testing of High Temperature Insulated lines at refinery Details
8Supply of Cast Valves GGC for VGO-HDT Unit in refinery Details
8Periodic Testing of LPG Underground Storage Tanks Details
8Procurement of SS Gate Valves and SS Check Valves Details
8Supply of Compressor Stator Vanes of Gas Turbines Details
8Industries Skid Maintenance, Repairing and Painting Details
8Supply, Installation, Commissioning, Operation and Maintenance of SCMH CNG Compressor Packages Details
8Global Expression Of Interest for supply and apply of Hydrogen Sulphide Scavenger for Oil Field Application in Rajasthan Block Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Marathon Oil profit beats forecasts on rising crude, cost cuts Details
8WPI inflation eases for the second straight month to 2.84 per cent in Jan Details
8As usual, profitable PSUs may pay higher dividends Details
8Thackeray to meet Fadnavis over opposed oil refinery project Details
8Gaza's only power plant shut over fuel shortage Details
8Nigeria "not ruffled" by oil price drop, OPEC must focus on costs - Kachikwu Details
8Oil rises towards $65 on Saudi commitment to curb output, weak dollar Details
8Russia's Novatek, Saudi Aramco sign memo on cooperation - minister Details
8A year into OPEC's production cuts, Asia's oil markets have tightened Details
87 oil and gas blocks in Gujarat to be auctioned Details
8India to get $25 billion investments in oil and gas E&P by 2022: DGH Details
8Green Budget: Delhi govt plans polluting industries switchover to PNG Details
8Iranian President Rouhani could give India key to port Details
8Oil gains as dollar sags near three-year low; many Asian markets shut Details
8India's oil imports hit record high in January Details
You can also click on Newsclips for more Details
For reference purposes the website carries here the following tenders:
8Hiring of services for environmental monitoring at Drilling Rig for 3 years Details
8Hiring of O&M service for Stimulation operations for 3 years Details
8Hiring of Natural Gas Compression Services for 3 years Details
8Hiring services for Offshore Environmental Monitoring around various installations Details
8Rectification of Shorted Carrier-Casing Shortings of Pipelines Details
8Procurement of Pig Location and Tracking System Details
8Supply of Seamless Pipes Details
8Supply and operation of hydraulic mobile cranes and operation of heavy equipments at refinery Details
8Carrying out NDT Works for Statutory Testing of Storage Vessels at Bottling Plant Details
8TPM Consultancy Services at refinery Details
8Shutdown inspection services for SARU unit at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ONGC Videsh offers to invest $6.2 billion in Iranian gas field Details
8Oxy-fuel gas leak suspected cause of ONGC explosion Details
8Egypt says signs Gulf of Suez seismic survey deal with Schlumberger Details
8Saudi Arabia seeks to further reduce oil stockpiles next month Details
8Asia's soaring gas demand opens window for new LNG projects Details
8Philippines, China to work out how to tap oil, gas that both sides claim Details
8Abu Dhabi oil company to fill half of Mangalore oil reserves: Pradhan Details
8Tamil Nadu among nine global market leaders in renewable energy Details
8Norway asks wealth fund to clarify risk from Saudi Aramco IPO Details
8Crude correction Details
8For recovering an extra 20 million barrels of crude oil: ONGC plans to use unconventional tech Details
8Hassan Rouhani arrives in India today, visit to bolster India-Iran ties Details
8List number of jobs your sectors will create, PMO asks ministries Details
8Oil price extends gains on Saudi commitment to cut, weak dollar Details
8ANALYSIS: Hail shale, but deepwater oil fights back Details
8Putin, Saudi king ready to expand oil market coordination: Kremlin Details
8GAIL to buy entire produce from Essar Oil’s Raniganj east CBM block Details
You can also click on Newsclips for more Details
8Hiring of services for environmental monitoring at Drilling Rig for 3 years Details
8Hiring of O&M service for Stimulation operations for 3 years Details
8Hiring of Natural Gas Compression Services for 3 years Details
8Hiring services for Offshore Environmental Monitoring around various installations Details
8Rectification of Shorted Carrier-Casing Shortings of Pipelines Details
8Procurement of Pig Location and Tracking System Details
8Supply of Seamless Pipes Details
8Supply and operation of hydraulic mobile cranes and operation of heavy equipments at refinery Details
8Carrying out NDT Works for Statutory Testing of Storage Vessels at Bottling Plant Details
8TPM Consultancy Services at refinery Details
8Shutdown inspection services for SARU unit at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ONGC Videsh offers to invest $6.2 billion in Iranian gas field Details
8Oxy-fuel gas leak suspected cause of ONGC explosion Details
8Egypt says signs Gulf of Suez seismic survey deal with Schlumberger Details
8Saudi Arabia seeks to further reduce oil stockpiles next month Details
8Asia's soaring gas demand opens window for new LNG projects Details
8Philippines, China to work out how to tap oil, gas that both sides claim Details
8Abu Dhabi oil company to fill half of Mangalore oil reserves: Pradhan Details
8Tamil Nadu among nine global market leaders in renewable energy Details
8Norway asks wealth fund to clarify risk from Saudi Aramco IPO Details
8Crude correction Details
8For recovering an extra 20 million barrels of crude oil: ONGC plans to use unconventional tech Details
8Hassan Rouhani arrives in India today, visit to bolster India-Iran ties Details
8List number of jobs your sectors will create, PMO asks ministries Details
8Oil price extends gains on Saudi commitment to cut, weak dollar Details
8ANALYSIS: Hail shale, but deepwater oil fights back Details
8Putin, Saudi king ready to expand oil market coordination: Kremlin Details
8GAIL to buy entire produce from Essar Oil’s Raniganj east CBM block Details
You can also click on Newsclips for more Details
8Sluggish price increases in the United States give the Federal Reserve room to hold off on interest rate increases until at least mid-2018. Click on Report for more.
8ADNOC will invest about $ 400 million by way of storing crude in one ISPRL underground rock cavern in Mangalore of capacity 5.86 million barrels (0.81 MMT) Period of storage will be 3 years with automatic extension of 2+2 years. Click on Report for more.
8In the usual style of the present government, the DGH plans road shows for OALP Bid Round-I and DSF-II not just in Delhi and Mumbai but across the country. Click on Report for more.
8Find out more on what one of the world's largest companies in this line has to offer in terms of expertise to build LNG tanks, cryogenic piping, heat exchangers and LNG carriers. Click here to know if you can represent the it in India. Click on Report for more.
8Get the latest OPEC market report here. Click on Report for more.
8DP World Ltd is betting big on India's port infrastructure. Find out more on what it is up to. Click on Report for more. Details
8ADNOC will invest about $ 400 million by way of storing crude in one ISPRL underground rock cavern in Mangalore of capacity 5.86 million barrels (0.81 MMT) Period of storage will be 3 years with automatic extension of 2+2 years. Click on Report for more.
8In the usual style of the present government, the DGH plans road shows for OALP Bid Round-I and DSF-II not just in Delhi and Mumbai but across the country. Click on Report for more.
8Find out more on what one of the world's largest companies in this line has to offer in terms of expertise to build LNG tanks, cryogenic piping, heat exchangers and LNG carriers. Click here to know if you can represent the it in India. Click on Report for more.
8Get the latest OPEC market report here. Click on Report for more.
8DP World Ltd is betting big on India's port infrastructure. Find out more on what it is up to. Click on Report for more. Details
The world's best known forecasting agency has projected the following oil prices:
-- The baseline forecast projects an increase in the oil price to just below $70/b in April, before falling to the low $60/b in June.
-- The price recovers in the third quarter of the year near $65/b, falling again marginally to around $62/b by the end of the year.
8The baseline forecast projects an average real price of oil of around $65/b for 2018, an increase of more than $10/b from 2017.
8These results suggest that the momentum of stronger than expected oil demand and the OPEC output cuts in 2017 have tightened the oil market insofar as even with no change in current market dynamics, the oil price will continue to be supported at around $65/b in the year to come.
Click on Reports to get the full theoretical underpinning of the above forecast and how endogenous factors play a bigger role than exogenous forces. Details
-- The baseline forecast projects an increase in the oil price to just below $70/b in April, before falling to the low $60/b in June.
-- The price recovers in the third quarter of the year near $65/b, falling again marginally to around $62/b by the end of the year.
8The baseline forecast projects an average real price of oil of around $65/b for 2018, an increase of more than $10/b from 2017.
8These results suggest that the momentum of stronger than expected oil demand and the OPEC output cuts in 2017 have tightened the oil market insofar as even with no change in current market dynamics, the oil price will continue to be supported at around $65/b in the year to come.
Click on Reports to get the full theoretical underpinning of the above forecast and how endogenous factors play a bigger role than exogenous forces. Details
ONGC is set to raise its output by around 5 mscmd in the next four months
8Know more about where the production ramp-up is coming from.
8Also has ONGC been able to capitalize on the recently acquired Deen Dayal field
8When will business development opportunities spring up in this formely GSPC owned field?
Click on Reports for more Details
8Know more about where the production ramp-up is coming from.
8Also has ONGC been able to capitalize on the recently acquired Deen Dayal field
8When will business development opportunities spring up in this formely GSPC owned field?
Click on Reports for more Details
The line pipe industry in India has a disproportionate clout with the ruling regime
8Much to the consternation of the oil & gas industry, it has been able to get several protectionist caveats incorporated in the tendering process
8These moves have pushed some of these companies to post historically high order book positions.
8Know more on what is going on in this front
Click on Reports Details
8Much to the consternation of the oil & gas industry, it has been able to get several protectionist caveats incorporated in the tendering process
8These moves have pushed some of these companies to post historically high order book positions.
8Know more on what is going on in this front
Click on Reports Details
What goes up usually starts going down as well
8In a counter reaction to protective moves in India, the US is planning to impose anti dumping duties on line pipe imports from India
8What the US agencies are taking into account is the fact that Indian companies are availing "countervailable subsidy" that benefits the production of goods doesmtically.
8This subsidy can also be defined as incentives for use of domestic goods over imported goods.
8The tentative dumping margin that is being investigated is a hefty 38% percent
8The US threat could also work as an example for other countries importing Indian line pipes.
8Gains made in India may quickly get negated by dumping duties on imports for Indian line pipe manufacturers, thus circumscribing their attempt to increasingly assert themselves as global players. Click on Report for more. Details
8In a counter reaction to protective moves in India, the US is planning to impose anti dumping duties on line pipe imports from India
8What the US agencies are taking into account is the fact that Indian companies are availing "countervailable subsidy" that benefits the production of goods doesmtically.
8This subsidy can also be defined as incentives for use of domestic goods over imported goods.
8The tentative dumping margin that is being investigated is a hefty 38% percent
8The US threat could also work as an example for other countries importing Indian line pipes.
8Gains made in India may quickly get negated by dumping duties on imports for Indian line pipe manufacturers, thus circumscribing their attempt to increasingly assert themselves as global players. Click on Report for more. Details
GAIL's committed LNG volumes from the US are expected to land in India from next month.
8That is when the countdown begins on how the gas major's US offtake will eventually impact its bottomline.
8GAIL is remarkably reticent to share information on where it has tied up its volumes, as it claims it has.
8But a reasonable number of cargoes are expected to land in India
8Even though the company's other baseline parameters, including petrochemical capacity, gas transmission volumes and tariffs, are all expected to be up, the US LNG risk overwhelms all positives.
8A strong 'sell" signal has emerged from among stock market watchers as well.
Click on Reports for more Details
8That is when the countdown begins on how the gas major's US offtake will eventually impact its bottomline.
8GAIL is remarkably reticent to share information on where it has tied up its volumes, as it claims it has.
8But a reasonable number of cargoes are expected to land in India
8Even though the company's other baseline parameters, including petrochemical capacity, gas transmission volumes and tariffs, are all expected to be up, the US LNG risk overwhelms all positives.
8A strong 'sell" signal has emerged from among stock market watchers as well.
Click on Reports for more Details
Do not expect much traction from the PNGRB on GAIL's proposal for a unified tariff mechanism anytime soon
8The new no-nonsense PNGRB boss is unlikely to be browbeaten by GAIL's arguments in favour of such a tariff
8His priority seems to push the CGD agenda for the time being instead of awarding a bonanza to the gas major against the wishes of a majority of gas buyers.
Click on Reports for more Details
8The new no-nonsense PNGRB boss is unlikely to be browbeaten by GAIL's arguments in favour of such a tariff
8His priority seems to push the CGD agenda for the time being instead of awarding a bonanza to the gas major against the wishes of a majority of gas buyers.
Click on Reports for more Details
India's largest private sector shipping company's performance was dented by low tanker hire rates and the continuing slowdown in the offshore E&P rig and vessel market.
8But nevertheless as other shipping companies went under, it has been able to hold on to a still significant though considerably shrunk bottom line
8Find out more on what is next here
Click on Reports for more Details
8But nevertheless as other shipping companies went under, it has been able to hold on to a still significant though considerably shrunk bottom line
8Find out more on what is next here
Click on Reports for more Details
How exactly is the tanker market going to behave in 2018?
8Growth is reportedly decelerating and it is going to be a weak year for all dirty tanker classes with VLCCs averaging around US $21,700/day and Suezmaxes averaging US $12,100/day.
8The story however is quite different on the clean side of the market as supply fundamentals improve with growing demand.
8Spot market earnings in the LR2 and LR1 sectors are projected to average around US $14,600/day and US $13,100 in 2018, respectively. MR earnings on a round-trip basis are, in general, expected to rise in 2018 with TC2 TCEs averaging US $8,800/day
8The 2018 price forecast for the 5-year old crude tanker sectors sees VLCC values averaging US $62.6 million, a 3.5% increase from the 2017 average price of US $60.5 million.
8Modern Suezmax tankers are projected to demand US $41.2 million in 2018; however, by 2022 the values of these tankers can reach US $51.2 million amid a pickup in earnings.
8Clean tankers of this age group (5-year) are expected to see higher prices relative to their 2017 averages. For the LR2 space, we forecast a 2018 average price of US $37.1 million, a 5.0% increase from the average price recorded in 2017, while the LR1 sector is expected to see gains of 11% year-on-year to average US $31.2 million. The MR2 tanker is likely to appreciate 15% to US $27.1 million.
Click on Reports for more Details
8Growth is reportedly decelerating and it is going to be a weak year for all dirty tanker classes with VLCCs averaging around US $21,700/day and Suezmaxes averaging US $12,100/day.
8The story however is quite different on the clean side of the market as supply fundamentals improve with growing demand.
8Spot market earnings in the LR2 and LR1 sectors are projected to average around US $14,600/day and US $13,100 in 2018, respectively. MR earnings on a round-trip basis are, in general, expected to rise in 2018 with TC2 TCEs averaging US $8,800/day
8The 2018 price forecast for the 5-year old crude tanker sectors sees VLCC values averaging US $62.6 million, a 3.5% increase from the 2017 average price of US $60.5 million.
8Modern Suezmax tankers are projected to demand US $41.2 million in 2018; however, by 2022 the values of these tankers can reach US $51.2 million amid a pickup in earnings.
8Clean tankers of this age group (5-year) are expected to see higher prices relative to their 2017 averages. For the LR2 space, we forecast a 2018 average price of US $37.1 million, a 5.0% increase from the average price recorded in 2017, while the LR1 sector is expected to see gains of 11% year-on-year to average US $31.2 million. The MR2 tanker is likely to appreciate 15% to US $27.1 million.
Click on Reports for more Details
Record profits by the international oil majors seems to have upset the listing of top 100 companies in the world
8A new pecking order has returned
8Find out which are the world's largest oil companies according to latest market capitalization
8Where does ONGC figure in this list?
8Does Cairn India figure on this list and where?
Click on Reports for more Details
8A new pecking order has returned
8Find out which are the world's largest oil companies according to latest market capitalization
8Where does ONGC figure in this list?
8Does Cairn India figure on this list and where?
Click on Reports for more Details
8Both HPCL and BPCL's core GRMs have been disappointing. Inventory gains is where the extra cushion was. Where are these companies headed now once inventory gains peter off? How long will it be before their core GRMs begin to get better? Both have different dynamics. Find out more
8The private sector seems to be gaining market share in the petroleum retail business rapidly at the expense of the public sector. If oil prices stay within limit and the government does not re-introduce the subsidy regime, how far will the private intrusion go?
Click on Reports for more Details
8The private sector seems to be gaining market share in the petroleum retail business rapidly at the expense of the public sector. If oil prices stay within limit and the government does not re-introduce the subsidy regime, how far will the private intrusion go?
Click on Reports for more Details
8Both HPCL and BPCL's core GRMs have been disappointing. Inventory gains is where the extra cushion was. Where are these companies headed now once inventory gains peter off? How long will it be before their core GRMs begin to get better? Both have different dynamics. Find out more
8The private sector seems to be gaining market share in the petroleum retail business rapidly at the expense of the public sector. If oil prices stay within the limit and the government does not re-introduce the subsidy regime, how far will this private intrusion go?
Click on Reports for more Details
8The private sector seems to be gaining market share in the petroleum retail business rapidly at the expense of the public sector. If oil prices stay within the limit and the government does not re-introduce the subsidy regime, how far will this private intrusion go?
Click on Reports for more Details
We get you actionable information before it becomes public knowledge. In project intelligence, we beat everyone else to it, including business development managers in the oil & gas industry. The reason is simple, we have unfettered relationships in the oil & gas industry, developed laboriously over the years. We have a competent team of mechanical engineers whose job is to keep their ears to the ground and look for forward-looking information that you can use. For you, a deal can just be a phone call away.
8Project Name: Drilling Site Development: RFQs in March, 2018
8Project Name: Pipeline Development
8Project Cost: Rs 50 crore.
8Project Description: Promoter is planning the construction of a Natural Gas Transmission Pipeline. The project involves laying of a 20 km of pipeline. Currently, the project is in the pre-clearance phase. The EIA consultant for the project has already been hired. Moreover, the project is expected to be executed on EPCM basis. The process of hiring an EPCM contractor for the pipeline project is expected to begin soon.
8Project Event: RFQ for hiring an EPC Contractor is expected by June 2018.
8Expenditure Approval: Dec/2017.
8RFQ Date: Jun/2018.
Release Date: Aug/2018.
8Start Date: Jun/2019.
8Completion Date: Jun/2020.
Click here for more details
8Project Name: Oil Field Redevelopment
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 (ETF). The LSTK contract for the revamping of the GGS-cum-CTFs has already been awarded for the bid price of Rs 400 crore. After implementation of this scheme, cumulative oil production from the field is expected to be 21 MMT by the year 2029-30, with an incremental crude oil production of 3.5 MMT.
Currently, the work on the 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: Promoter will come out with RFQs for hiring the LSTK contractor for the ETP by March 2018 instead of February 2018.
8Expenditure Approval: Feb/2017.
8RFQ Date: Mar/2018.
8Release Date: Apr/2018.
8Start Date: Oct/2018.
8Completion Date: Sep/2020.
Click here for more details |
8Project Name: Oil Field Development
8Project Cost: Rs 200 crore.
8Project Description: Promoter is planning the development of an oil block. The project involves development drilling of oil wells, installation of 20 EPS and laying of a pipeline from oilfield to the nearest Early Production System (EPS). The promoter has already hired a consultant for EIA report preparation. Currently, the product is in the engineering phase. The environment clearance for the project has already been granted in December 2017. As many as 20 Early Production Systems are expected to be completed on EPC basis at an overall cost of Rs 3 Crores per EPS. Further RFQs are expected shortly.
8Project Event: A prequalification criterion meeting for project requirements is expected by March 2018 instead of February 2018.
8Expenditure Approval: Q4/2017.
8RFQ Date: Mar/2018.
8Release Date: Apr/2018.
8Start Date: Oct/2018.
8Completion Date: Oct/2020
Click here for more details
Details
8Project Name: Drilling Site Development: RFQs in March, 2018
8Project Name: Pipeline Development
8Project Cost: Rs 50 crore.
8Project Description: Promoter is planning the construction of a Natural Gas Transmission Pipeline. The project involves laying of a 20 km of pipeline. Currently, the project is in the pre-clearance phase. The EIA consultant for the project has already been hired. Moreover, the project is expected to be executed on EPCM basis. The process of hiring an EPCM contractor for the pipeline project is expected to begin soon.
8Project Event: RFQ for hiring an EPC Contractor is expected by June 2018.
8Expenditure Approval: Dec/2017.
8RFQ Date: Jun/2018.
Release Date: Aug/2018.
8Start Date: Jun/2019.
8Completion Date: Jun/2020.
Click here for more details
8Project Name: Oil Field Redevelopment
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 (ETF). The LSTK contract for the revamping of the GGS-cum-CTFs has already been awarded for the bid price of Rs 400 crore. After implementation of this scheme, cumulative oil production from the field is expected to be 21 MMT by the year 2029-30, with an incremental crude oil production of 3.5 MMT.
Currently, the work on the 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: Promoter will come out with RFQs for hiring the LSTK contractor for the ETP by March 2018 instead of February 2018.
8Expenditure Approval: Feb/2017.
8RFQ Date: Mar/2018.
8Release Date: Apr/2018.
8Start Date: Oct/2018.
8Completion Date: Sep/2020.
Click here for more details |
8Project Name: Oil Field Development
8Project Cost: Rs 200 crore.
8Project Description: Promoter is planning the development of an oil block. The project involves development drilling of oil wells, installation of 20 EPS and laying of a pipeline from oilfield to the nearest Early Production System (EPS). The promoter has already hired a consultant for EIA report preparation. Currently, the product is in the engineering phase. The environment clearance for the project has already been granted in December 2017. As many as 20 Early Production Systems are expected to be completed on EPC basis at an overall cost of Rs 3 Crores per EPS. Further RFQs are expected shortly.
8Project Event: A prequalification criterion meeting for project requirements is expected by March 2018 instead of February 2018.
8Expenditure Approval: Q4/2017.
8RFQ Date: Mar/2018.
8Release Date: Apr/2018.
8Start Date: Oct/2018.
8Completion Date: Oct/2020
Click here for more details
Details
Ammonia-Urea Energy Saving Project
8Cost - Rs 481 Crore
8Project Event: The proposal for environmental clearance has been accepted in February 2018 and the selection process for the LSTK contractor is on and techno-commercial discussion is completed and price bid was opened in January 2018, Finalization is due in March 2018.
Click here for more information
Ammonia-Urea Energy Saving Project
8Cost - Rs 250 Crore
8Project Event: RFQs for the EPC contractor is likely to be released in April 2018 in place of January 2017 due to lack of funds. The company is still struggling for capital approvals and is hoping that the government will provide at least 2 to 3 year to achieve the energy norms target Details
8Cost - Rs 481 Crore
8Project Event: The proposal for environmental clearance has been accepted in February 2018 and the selection process for the LSTK contractor is on and techno-commercial discussion is completed and price bid was opened in January 2018, Finalization is due in March 2018.
Click here for more information
Ammonia-Urea Energy Saving Project
8Cost - Rs 250 Crore
8Project Event: RFQs for the EPC contractor is likely to be released in April 2018 in place of January 2017 due to lack of funds. The company is still struggling for capital approvals and is hoping that the government will provide at least 2 to 3 year to achieve the energy norms target Details
8Project Name: Thermal Power Plant - Annual Maintenance Contractor Project
8Project Cost: 0.60 crores
8Project Description: The owner is going on with the construction activities for a greenfield 1000 MW (4x250 MW) thermal power complex. Currently, unit-1 and unit-2 (2x250 MW) has been commissioned and the other two units are under construction. The owner will come out with domestic bids for annual maintenance contract (AMC) for a period of 12 months of Unit-1 and Unit-2 for electrical equipment and switch-yard soon.
8Project Event: RFQs for AMC of unit-1 (250 MW) and unit-2 (250 MW) for electrical equipment and switch-yard are expected by May 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: May/2018
8Release Date: Jul/2018
8Start Date: Oct/2018
8Completion Date: Oct/2019
Click here for more information
8Project Name: Hydroelectric Greenfield Project : S&I activities delays RFQ
8Project Cost: 500 crores
8Project Description: The owner's 60 MW (2*30 MW) greenfield hydel project on hold due to delay in survey and investigation activities at the site. Bad weather conditions and unusual delay by the survey team are hampering the S&I activities, which is expected to get completed by Q3 2018. Socio-economic survey, property survey and public hearing are still pending. The owner will come out with a requirement of an EIA consultant soon.
8Project Event: RFQ for an EIA consultant is expected by Q3 2018, instead of December 2017.
8Expenditure Approval: Q2:2018
8RFQ Date: Q3:2018
8Release Date: Q4:2018
8Start Date: 2020
8Completion Date: 2024
Click here for more information Details
8Project Cost: 0.60 crores
8Project Description: The owner is going on with the construction activities for a greenfield 1000 MW (4x250 MW) thermal power complex. Currently, unit-1 and unit-2 (2x250 MW) has been commissioned and the other two units are under construction. The owner will come out with domestic bids for annual maintenance contract (AMC) for a period of 12 months of Unit-1 and Unit-2 for electrical equipment and switch-yard soon.
8Project Event: RFQs for AMC of unit-1 (250 MW) and unit-2 (250 MW) for electrical equipment and switch-yard are expected by May 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: May/2018
8Release Date: Jul/2018
8Start Date: Oct/2018
8Completion Date: Oct/2019
Click here for more information
8Project Name: Hydroelectric Greenfield Project : S&I activities delays RFQ
8Project Cost: 500 crores
8Project Description: The owner's 60 MW (2*30 MW) greenfield hydel project on hold due to delay in survey and investigation activities at the site. Bad weather conditions and unusual delay by the survey team are hampering the S&I activities, which is expected to get completed by Q3 2018. Socio-economic survey, property survey and public hearing are still pending. The owner will come out with a requirement of an EIA consultant soon.
8Project Event: RFQ for an EIA consultant is expected by Q3 2018, instead of December 2017.
8Expenditure Approval: Q2:2018
8RFQ Date: Q3:2018
8Release Date: Q4:2018
8Start Date: 2020
8Completion Date: 2024
Click here for more information Details
For reference purposes the website carries here the following tenders:
8Supply of License, Basic Design Engineering Package and other related services for Ethylene Recovery Unit Details
8Supply of License, Basic Design Engineering Package and other related services for Propylene Oxide Details
8Supply of License, Basic Design Engineering Package and other related services for Propylene Glycol Details
8Supply of License, Basic Design Engineering Package and other related services for Ethylene Oxide/ Mono Ethylene Glycol Details
8Know how, Basic Design Engineering Package, Supply of Catalyst and other services for Diesel Hydro-treating unit for Project Refinery Details
8Transformer Oil Filtration Jobs at refinery for a period of two years Details
8Procurement of Forged Valves GGC for VGO-HDT Unit Details
8Procurement of O Rings at refinery Details
8Procurement of Pipe Fittings at refinery Details
8Supply of Gas Turbine Spares Details
8Procurement of Portable LEL Detectors Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Trump infrastructure plan would speed up pipelines, cut environmental reviews Details
8Gail India tenders to buy LNG cargoes for March -trade sources Details
8Government must offer policy certainty in upstream investments: Vedanta Details
8Bulk LPG tankers on strike, supply likely to be hit Details
8B V Rama Gopal takes over as Director (Refineries) at Indian Oil Corp Details
8Surge in global oil supply may overtake demand in 2018 - IEA Details
8India's oil consumption grows at fastest pace in 14 months Details
8Ujjwala yojana for LPG connections now has 3.40 cr beneficiaries: Pradhan Details
8India’s oldest gas-based fertilizer plant sees fresh hopes for revival Details
8GST will replace VAT, excise duty on crude oil: Pradhan Details
8Agreements with UAE set to boost India’s energy security Details
8IOC-GAIL combine will have synergies, says IOC chairman Sanjiv Singh Details
8India 3rd largest energy consumer: GAIL Details
8Time-tested tool to win elections, Modi lets India's subsidy bill surge Details
You can also click on Newsclips for more Details
8Supply of License, Basic Design Engineering Package and other related services for Ethylene Recovery Unit Details
8Supply of License, Basic Design Engineering Package and other related services for Propylene Oxide Details
8Supply of License, Basic Design Engineering Package and other related services for Propylene Glycol Details
8Supply of License, Basic Design Engineering Package and other related services for Ethylene Oxide/ Mono Ethylene Glycol Details
8Know how, Basic Design Engineering Package, Supply of Catalyst and other services for Diesel Hydro-treating unit for Project Refinery Details
8Transformer Oil Filtration Jobs at refinery for a period of two years Details
8Procurement of Forged Valves GGC for VGO-HDT Unit Details
8Procurement of O Rings at refinery Details
8Procurement of Pipe Fittings at refinery Details
8Supply of Gas Turbine Spares Details
8Procurement of Portable LEL Detectors Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Trump infrastructure plan would speed up pipelines, cut environmental reviews Details
8Gail India tenders to buy LNG cargoes for March -trade sources Details
8Government must offer policy certainty in upstream investments: Vedanta Details
8Bulk LPG tankers on strike, supply likely to be hit Details
8B V Rama Gopal takes over as Director (Refineries) at Indian Oil Corp Details
8Surge in global oil supply may overtake demand in 2018 - IEA Details
8India's oil consumption grows at fastest pace in 14 months Details
8Ujjwala yojana for LPG connections now has 3.40 cr beneficiaries: Pradhan Details
8India’s oldest gas-based fertilizer plant sees fresh hopes for revival Details
8GST will replace VAT, excise duty on crude oil: Pradhan Details
8Agreements with UAE set to boost India’s energy security Details
8IOC-GAIL combine will have synergies, says IOC chairman Sanjiv Singh Details
8India 3rd largest energy consumer: GAIL Details
8Time-tested tool to win elections, Modi lets India's subsidy bill surge Details
You can also click on Newsclips for more Details
8A sponge manufacturing company is planning the expansion of an existing 25 MW captive power plant to 35 MW plant and an existing 8 MW WHRB to 16 MW WHRB to meet the demand of electricity for manufacturing of sponge iron.
8TOR has been accorded.
8Survey works are ongoing at the site.
8An EIA consultant has already been awarded.
8Package-wise bids for AFBC boiler, turbine, air cooled condenser and WHRB is expected soon.
Click on details for more information Details
8TOR has been accorded.
8Survey works are ongoing at the site.
8An EIA consultant has already been awarded.
8Package-wise bids for AFBC boiler, turbine, air cooled condenser and WHRB is expected soon.
Click on details for more information Details
8Project Name: Oil Field Development
8Project Cost: Rs 220 crore.
8Project Description: Promoter is planning development of an oil block. The project involves development drilling of oil wells, installation of an EPS and laying of a pipeline from oilfield to the nearest Early Production System (EPS). Promoter has already hired consultant for PFR report preparation. Currently, the product is in pre-clerance phase. Promoter had recently applied for the TOR of the project. The Early Production System is expected to be completed on EPC basis at an overall cost of Rs 6 Crores. Further RFQs are expected shortly.
8Project Event: A prequalification criterion meeting for various equipment and Early Production System is expected to be scheduled by March 2018 instead of February 2018.
8Expenditure Approval: Q4/2017.
8RFQ Date: Mar/2018.
8Release Date: Apr/2018.
8Start Date: Oct/2018.
8Completion Date: Oct/2020.
Click here for more details
8Project Name: Oil Field Development
8Project Cost: Rs 30 crore.
8Project Description: Promoter is planning the development of an oil field. The Project involves conversion of one exploratory well to a development well & laying of associated flow lines and facilities at the nearest GGS. The project is expected to start by April 2019. The Drilling part of the project will be done by the promoter itself. However, a slight delay is expected in project execution as the existing rigs need to be mobilized which ultimately might take a year or longer. The Flowline part of the project will be executed by an EPC Contractor. Further RFQs are expected shortly.
8Project Event: RFQ for hiring the EPC Contractor is expected by August 2018.
8Expenditure Approval: Jan/2018.
8RFQ Date: Aug/2018.
8Release Date: Sep/2018.
8Start Date: Apr/2019.
8Completion Date: Dec/2020.
Click here for more details
8Project Name: Effluent Treatment Plant
8Project Cost: Rs 25 crore.
8Project Description: Promoter has finally awarded the proposed effluent treatment plant of 100 cubic meter capacity for a bid price of Rs 14.6 crore. Moreover, the GCS upgradation part of the project has also been awarded. The ETP will be connected with the existing Gas Collecting Station. Following facilities are proposed to be developed in this project: Inlet Storage Tanks, Filter feed Tanks, Treated water Tanks, Corrugate plate interceptor, Multimedia filters, Fine filters, Centrifuge, PW Unloading pumps, CPI feed pumps, Filter backwash pumps, TW injection pumps, Chemical dosing pumps/tanks, Nitrogen Generator, Control Room building, Various pump sheds, Floating Skimmer with Internal Hose.
8Project Event: ETP has been awarded. The contractor, in turn, is likely to come out with RFQs for equipment in March 2018.
8Expenditure Approval: Q1/2016
8RFQ Date: Mar/2018.
8Release Date: Apr/2018.
8Start Date: Jun/2018.
8Completion Date: Jun/2019.
Click here for more details Details
8Project Cost: Rs 220 crore.
8Project Description: Promoter is planning development of an oil block. The project involves development drilling of oil wells, installation of an EPS and laying of a pipeline from oilfield to the nearest Early Production System (EPS). Promoter has already hired consultant for PFR report preparation. Currently, the product is in pre-clerance phase. Promoter had recently applied for the TOR of the project. The Early Production System is expected to be completed on EPC basis at an overall cost of Rs 6 Crores. Further RFQs are expected shortly.
8Project Event: A prequalification criterion meeting for various equipment and Early Production System is expected to be scheduled by March 2018 instead of February 2018.
8Expenditure Approval: Q4/2017.
8RFQ Date: Mar/2018.
8Release Date: Apr/2018.
8Start Date: Oct/2018.
8Completion Date: Oct/2020.
Click here for more details
8Project Name: Oil Field Development
8Project Cost: Rs 30 crore.
8Project Description: Promoter is planning the development of an oil field. The Project involves conversion of one exploratory well to a development well & laying of associated flow lines and facilities at the nearest GGS. The project is expected to start by April 2019. The Drilling part of the project will be done by the promoter itself. However, a slight delay is expected in project execution as the existing rigs need to be mobilized which ultimately might take a year or longer. The Flowline part of the project will be executed by an EPC Contractor. Further RFQs are expected shortly.
8Project Event: RFQ for hiring the EPC Contractor is expected by August 2018.
8Expenditure Approval: Jan/2018.
8RFQ Date: Aug/2018.
8Release Date: Sep/2018.
8Start Date: Apr/2019.
8Completion Date: Dec/2020.
Click here for more details
8Project Name: Effluent Treatment Plant
8Project Cost: Rs 25 crore.
8Project Description: Promoter has finally awarded the proposed effluent treatment plant of 100 cubic meter capacity for a bid price of Rs 14.6 crore. Moreover, the GCS upgradation part of the project has also been awarded. The ETP will be connected with the existing Gas Collecting Station. Following facilities are proposed to be developed in this project: Inlet Storage Tanks, Filter feed Tanks, Treated water Tanks, Corrugate plate interceptor, Multimedia filters, Fine filters, Centrifuge, PW Unloading pumps, CPI feed pumps, Filter backwash pumps, TW injection pumps, Chemical dosing pumps/tanks, Nitrogen Generator, Control Room building, Various pump sheds, Floating Skimmer with Internal Hose.
8Project Event: ETP has been awarded. The contractor, in turn, is likely to come out with RFQs for equipment in March 2018.
8Expenditure Approval: Q1/2016
8RFQ Date: Mar/2018.
8Release Date: Apr/2018.
8Start Date: Jun/2018.
8Completion Date: Jun/2019.
Click here for more details Details
8Project Name: Procurement of HP rotor in Thermal Power Station
8Project Cost: 10 crores
8Project Description: The owner's procurement for a new HP rotor to replace the existing HP rotor in the turbine is on hold due to delay in administrative approval. The developer will procure a new HP rotor without waiting for the old rotor to be repaired. Further RFQs are expected shortly.
8Project Event: RFQ for purchase of new turbine rotor is expected by April 2018, instead of Q1 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Apr/2018
8Release Date: Jun/2018
8Start Date: Sep/2018
8Completion Date: Oct/2018
Click here for more information
8Project Name: Canal Head Power House Maintenance Project (Unit -5)
8Project Cost: 14 crores
8Project Description: The owner has planned a 17-day scheduled maintenance of Unit-5 (50 MW) in the 250 MW (5x50 MW) canal head power house which includes overhauling of auxiliary parts of the turbine-generator set, tunnel lining, among others.
8Project Event: RFQs for equipment required are expected by third week of February 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: 17/Feb/2018
8Release Date: 3/Mar/2018
8Start Date: 20/Mar/2018
8Completion Date: 5/Apr/2018
Click here for more information Details
8Project Cost: 10 crores
8Project Description: The owner's procurement for a new HP rotor to replace the existing HP rotor in the turbine is on hold due to delay in administrative approval. The developer will procure a new HP rotor without waiting for the old rotor to be repaired. Further RFQs are expected shortly.
8Project Event: RFQ for purchase of new turbine rotor is expected by April 2018, instead of Q1 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Apr/2018
8Release Date: Jun/2018
8Start Date: Sep/2018
8Completion Date: Oct/2018
Click here for more information
8Project Name: Canal Head Power House Maintenance Project (Unit -5)
8Project Cost: 14 crores
8Project Description: The owner has planned a 17-day scheduled maintenance of Unit-5 (50 MW) in the 250 MW (5x50 MW) canal head power house which includes overhauling of auxiliary parts of the turbine-generator set, tunnel lining, among others.
8Project Event: RFQs for equipment required are expected by third week of February 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: 17/Feb/2018
8Release Date: 3/Mar/2018
8Start Date: 20/Mar/2018
8Completion Date: 5/Apr/2018
Click here for more information Details
Ammonia-Urea & Captive Power Plant Greenfield Project
8Cost - Rs 10741 Crore
8Project Event: The company has elicited the environmental clearance recently for its greenfield coal-based ammonia-urea plant with a capacity 2200 MTPD of ammonia, 3850 MTPD of urea and 70 MW of Captive power plant in India.
Click here for more information
Naptha to Natural Gas Feedstock Conversion Project
8Cost - Rs 250 Crore
8Project Event: Tender out for NG Preheater (D1153) and NG feed Preheat Coil(D1206) and bid closing date is 9 March 2018
Click here for more information
Ammonia-Urea Annual Shutdown Maintenance Project
8Cost - Rs 20 Crore
8Project Event: Tender for a registered maintenance contractor is likely to be released in July 2018
Click here for more information Details
8Cost - Rs 10741 Crore
8Project Event: The company has elicited the environmental clearance recently for its greenfield coal-based ammonia-urea plant with a capacity 2200 MTPD of ammonia, 3850 MTPD of urea and 70 MW of Captive power plant in India.
Click here for more information
Naptha to Natural Gas Feedstock Conversion Project
8Cost - Rs 250 Crore
8Project Event: Tender out for NG Preheater (D1153) and NG feed Preheat Coil(D1206) and bid closing date is 9 March 2018
Click here for more information
Ammonia-Urea Annual Shutdown Maintenance Project
8Cost - Rs 20 Crore
8Project Event: Tender for a registered maintenance contractor is likely to be released in July 2018
Click here for more information Details
For reference purposes the website carries here the following tenders:
8Supply and Commissioning of Effluent Treatment Plant at Bottling Plant Details
8Catalyst Unloading/ screening/ Loading/ repairing of existing reactor internals in Hydrocracker unit at refinery Details
8Replacement of multi product jetty pipelines with new internally epoxy coated pipelines Details
8Consultancy services for implementation of ISO 50001 2011 at LPG Bottling Plant Details
8Supply of Dry Gas Seal Filter Elements in refinery Details
8Supply of Temperature Transmitters Details
8Supply of Hydrogen Peroxide for refinery Details
8Supply of on off type ball valves at refinery Details
8Pre-qualification for Biomass Supply for 2G Ethanol Bio-refinery Project Details
8Supply and Installation of Mass Flow Meters Details
8ARC for Mechanical Maintenance works in refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Global crude oil prices rise 1 percent as stocks markets steady Details
8Indian govt looks to EVs, hyperloop & personal rapid transit to move freight, cut costs Details
8Investors skeptical on sustainability of oil rally - Goldman Sachs Details
8Oil transportation from Iraq to Iran to start this month -Kirkuk governor Details
8Big Oil takes stage for post-austerity beauty contest Details
8GAIL India third quarter profit rises 28 per cent Details
8L&T Hydrocarbon Engineering bags Rs 2,200 crore order Details
8German gas grids study expansion to account for higher imports Details
8BP, Kosmos move closer to Senegal and Mauritania offshore project Details
8S.Korea's KOGAS in LNG arbitration with Australia's North West Shelf Gas Details
8OVL to hold 4 per cent; IOC, BPRL 3 per cent each in Abu Dhabi oilfield Details
8Manufacturing, capital goods push IIP growth to 7.1% in Dec, CPI declines Details
8J C Nakra assumes charge as new EIL Chairman & Managing Director Details
8Inflation eases marginally to 5.07 per cent in Jan Details
8India, Oman sign 8 pacts as PM Modi meets Sultan Qaboos bin Said al Said Details
8RBI Governor Urjit Patel warns against uncertainty over crude oil prices, whether up or down Details
8India's easing inflation is only a temporary reprieve for PM Narendra Modi Details
8Oil prices firm as global stock markets rebound Details
8OPEC sees higher 2018 crude oil demand, but more rival supply Details
8Abu Dhabi Co to store crude oil at Mangalore Details
You can also click on Newsclips for more Details
8Supply and Commissioning of Effluent Treatment Plant at Bottling Plant Details
8Catalyst Unloading/ screening/ Loading/ repairing of existing reactor internals in Hydrocracker unit at refinery Details
8Replacement of multi product jetty pipelines with new internally epoxy coated pipelines Details
8Consultancy services for implementation of ISO 50001 2011 at LPG Bottling Plant Details
8Supply of Dry Gas Seal Filter Elements in refinery Details
8Supply of Temperature Transmitters Details
8Supply of Hydrogen Peroxide for refinery Details
8Supply of on off type ball valves at refinery Details
8Pre-qualification for Biomass Supply for 2G Ethanol Bio-refinery Project Details
8Supply and Installation of Mass Flow Meters Details
8ARC for Mechanical Maintenance works in refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Global crude oil prices rise 1 percent as stocks markets steady Details
8Indian govt looks to EVs, hyperloop & personal rapid transit to move freight, cut costs Details
8Investors skeptical on sustainability of oil rally - Goldman Sachs Details
8Oil transportation from Iraq to Iran to start this month -Kirkuk governor Details
8Big Oil takes stage for post-austerity beauty contest Details
8GAIL India third quarter profit rises 28 per cent Details
8L&T Hydrocarbon Engineering bags Rs 2,200 crore order Details
8German gas grids study expansion to account for higher imports Details
8BP, Kosmos move closer to Senegal and Mauritania offshore project Details
8S.Korea's KOGAS in LNG arbitration with Australia's North West Shelf Gas Details
8OVL to hold 4 per cent; IOC, BPRL 3 per cent each in Abu Dhabi oilfield Details
8Manufacturing, capital goods push IIP growth to 7.1% in Dec, CPI declines Details
8J C Nakra assumes charge as new EIL Chairman & Managing Director Details
8Inflation eases marginally to 5.07 per cent in Jan Details
8India, Oman sign 8 pacts as PM Modi meets Sultan Qaboos bin Said al Said Details
8RBI Governor Urjit Patel warns against uncertainty over crude oil prices, whether up or down Details
8India's easing inflation is only a temporary reprieve for PM Narendra Modi Details
8Oil prices firm as global stock markets rebound Details
8OPEC sees higher 2018 crude oil demand, but more rival supply Details
8Abu Dhabi Co to store crude oil at Mangalore Details
You can also click on Newsclips for more Details
Business Oppurtunities for a FGD package contractor
8Project Name: Thermal Power Station - FGD Addition
8Project Cost: 100 crores
8Project Description: The owner is planning the installation of a Flue Gas Desulphurization (FGD) unit at it's 420 MW (2x210 MW) unit in the 1720 MW (7x210 MW + 1x250 MW) Thermal Power Station. The company is expected to float tenders for the same. At present, the feasibility report has been submitted to the government for approval. Work on the project is meant to start in 2020. RFQ for supply of FGD is expected to be out soon.
The major requirements will be FGD, earthwork, cranes, pipes, installation, gypsum disposal, absorber, limestone, among others.
8Project Event: RFQs for supply of FGD are expected to be out by June 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Jun/2018
8Release Date: Q4:2018
8Start Date: 2020
8Completion Date: 2022
Click here for more information
Maintenance equipment required in a major hydro power plant
8Project Name: Hydroelectric-I Maintenance Project
8Project Cost: 14 crores
8Project Description: The owner has planned a 31-day scheduled maintenance of Unit-2 (250 MW) in the 1000 MW (4x250 MW) Hydroelectric Station, covering annual inspection and overhaul of equipment which includes overhauling and checking of auxiliary parts of the turbine-generator set, bearing sets, sensors and seals.
8Equipment required will be turbine bearings, gland seals, change of worn out bushes of guide vanes journals, among others.
8Project Event: RFQs for equipment required are expected by third week of February 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: 16/Feb/2018
8Release Date: 26/Feb/2018
8Start Date: 1/Mar/2018
8Completion Date: 31/Mar/2018
Click here for more information
Contact Update :
A maintenance in-charge (O&M) of a NTPC's Super Thermal Power Station has been added in the facility.
Click on details for more information Details
8Project Name: Thermal Power Station - FGD Addition
8Project Cost: 100 crores
8Project Description: The owner is planning the installation of a Flue Gas Desulphurization (FGD) unit at it's 420 MW (2x210 MW) unit in the 1720 MW (7x210 MW + 1x250 MW) Thermal Power Station. The company is expected to float tenders for the same. At present, the feasibility report has been submitted to the government for approval. Work on the project is meant to start in 2020. RFQ for supply of FGD is expected to be out soon.
The major requirements will be FGD, earthwork, cranes, pipes, installation, gypsum disposal, absorber, limestone, among others.
8Project Event: RFQs for supply of FGD are expected to be out by June 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Jun/2018
8Release Date: Q4:2018
8Start Date: 2020
8Completion Date: 2022
Click here for more information
Maintenance equipment required in a major hydro power plant
8Project Name: Hydroelectric-I Maintenance Project
8Project Cost: 14 crores
8Project Description: The owner has planned a 31-day scheduled maintenance of Unit-2 (250 MW) in the 1000 MW (4x250 MW) Hydroelectric Station, covering annual inspection and overhaul of equipment which includes overhauling and checking of auxiliary parts of the turbine-generator set, bearing sets, sensors and seals.
8Equipment required will be turbine bearings, gland seals, change of worn out bushes of guide vanes journals, among others.
8Project Event: RFQs for equipment required are expected by third week of February 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: 16/Feb/2018
8Release Date: 26/Feb/2018
8Start Date: 1/Mar/2018
8Completion Date: 31/Mar/2018
Click here for more information
Contact Update :
A maintenance in-charge (O&M) of a NTPC's Super Thermal Power Station has been added in the facility.
Click on details for more information Details
8BharatPetroResources Ltd is on an expansion mode and is looking for new suppliers. Find out more click on Report.
8BPCL has awarded a contract to an Indian company for a 2G bio-ethanol plant. This was done after its knowhow was found to be satisfactory in another site. Know more click on Report .
8Find out more on how multinational auto companies are localizing themselves to take on domestic majors in India. Click on Report for more.
8The oil ministry has roped in private companies to help in their outreach programmes to investors. Find out how click on Report.
8Spot LNG delivery prices are high. Cargoes for delivery in the first half of March are trading between $10.70 and $11 per mmBtu while cargoes for the second half of the month are trading at just above $10 a barrel. Click on Report for more.
8Find out more on the Gwadar port development plan, including an extensive master plan, that the Chinese have put into implementation. It includes an LNG terminal as well. Click on Report for more.
8Know more about four undeniable facts:
-- The United States is turning into the undisputed global leader for oil & gas
-- Solar PV is on track to be the cheapest source of new electricity in many countries
-- China’s new drive to “make the skies blue again” is recasting its role in energy
-- The future is electrifying, spurred by cooling, electric vehicles & digitalisation
Click on Reports for more
8Know more on Bangladesh's quest to achieve a power generation capacity of an impressive 36,000 MW by 2021. Click on Report for more.
8The stock market crash has brought about a revision in the global economic outlook. Here is an exhaustive report. Click on Report for more.
8A big petrochemical conference is coming up in India. Find out if you should attend. Click on Report for more.
8Know more on how an international water treatment company is quietly making vast inroads into the Indian market. Click on Report for more. Details
8BPCL has awarded a contract to an Indian company for a 2G bio-ethanol plant. This was done after its knowhow was found to be satisfactory in another site. Know more click on Report .
8Find out more on how multinational auto companies are localizing themselves to take on domestic majors in India. Click on Report for more.
8The oil ministry has roped in private companies to help in their outreach programmes to investors. Find out how click on Report.
8Spot LNG delivery prices are high. Cargoes for delivery in the first half of March are trading between $10.70 and $11 per mmBtu while cargoes for the second half of the month are trading at just above $10 a barrel. Click on Report for more.
8Find out more on the Gwadar port development plan, including an extensive master plan, that the Chinese have put into implementation. It includes an LNG terminal as well. Click on Report for more.
8Know more about four undeniable facts:
-- The United States is turning into the undisputed global leader for oil & gas
-- Solar PV is on track to be the cheapest source of new electricity in many countries
-- China’s new drive to “make the skies blue again” is recasting its role in energy
-- The future is electrifying, spurred by cooling, electric vehicles & digitalisation
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8Know more on Bangladesh's quest to achieve a power generation capacity of an impressive 36,000 MW by 2021. Click on Report for more.
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ONGC has embarked on a new whistleblower policy where vendors can alert the company of any wrong doing in contracts taken given out by the E&P major.
8The point to note here is that they are meant to sound the alert not just for any wrong doing by themselves but also by others.
8This condition will not just be applied to contracts to purchases of equipment but to all agreements that the company enters into.
8This can be a problem for some vendors as the mere awareness of "wrong doing" by others, if not reported, may cause action to be taken.
Click on Reports for more Details
8The point to note here is that they are meant to sound the alert not just for any wrong doing by themselves but also by others.
8This condition will not just be applied to contracts to purchases of equipment but to all agreements that the company enters into.
8This can be a problem for some vendors as the mere awareness of "wrong doing" by others, if not reported, may cause action to be taken.
Click on Reports for more Details
