Find out more on how a bunch of Indian companies got into the crosshairs of a US Iranian sanctions law. The companies include 8IOC 8Essar Oil 8GAIL 8Aban Offshore 8Essar Oil 8Chennai Petroleum Click on Reports for more
Details
The trajectory that the breakeven oil price takes in the Middle East is an important barometer not just for oil industry analysts but for political watchdogs as well. 8For the Gulf as a whole, the external breakeven price has declined from an average of $62/bbl to $49 in 2017. 8The external breakeven oil prices are the oil prices that cover the import bill of a hydrocarbon-exporting economy and at which the current account is balanced. 8For Saudi Arabia, the price has fallen from $73 in 2014 to $45 in 2018 in Saudi Arabia Kuwait's external breakeven oil price however went up to $43/bbl to $52 in 2018. 8The price is expected to keep going down as non-oil revenues rise and public expenditure is cut 8But the point to note is that the external breakeven point is not the same as the fiscal break even level, when the price of oil equals the total expenditure of the government. 8In this context, it projected that the fiscal breakeven oil price in Bahrain will decrease from $116 in 2014 to $96 in 2018, while falling from $103 in 2014 to $82 in 2018 in Oman, regressing from $106 in 2014 to $74 in 2018 in Saudi Arabia and dropping from $83 in 2014 to $62 in 2018 in the UAE 8On the other hand, Qatar's fiscal breakeven oil price will rise from $54/bbl in 2014 to $60 in 2018. 8Unless the fiscal breakeven point is reached, these countries will continue to burn their foreign exchange reserves to fund their economies Click on Reports for more.
Details
MRPL's Q3 numbers posted a higher than expected profitability on the back of inventory gains 8But the company's core GRM numbers were disappointing 8The inventories gains won't stay on for too long so operating performance will have to improve 8On an operational basis, MRPL has an edge over other refineries with its refining complexity number at 10, which is higher than most PSU refineries. 8So what prevents the company from pushing itself up? Click on Reports for more.
Details
The Indian lubricant industry seems to be doing well. 8Turnover and profitability are both up, pushed by rising sales of two and four wheelers 8The imposition of GST has come as a big boost, aided by a cut in the tax rate from 28% to 18%. 8Companies are indulging in brand building, expanding distribution and aggressively acquiring customers. 8Base oil prices have jumped but companies have been able to pass them on to customers. Click on Reports for more.
Details
The website carries here a projection of how sea borne trade will evolve by the year 2050. 8It is expected to grow by 60% till then from now. 8World oil consumption to peak in 2020s, thereafter decline. 8The important finding is that gas demand will grow until 2035 before beginning to decline. 8Another fact that comes out is that offshore shipping activity related to new oil and gas field developments will likely more than halve 8But offshore wind will grow. 8Gas carriers and container ship will see the largest relative growth. 8New tech "carbon robust" ships will make their appearance and will grow rapidly. Click on Reports for more.
Details
When it comes to a pipeline tariff hike, the usual procedure is to shoot for the moon so as to be able to land on the trees. 8Gujarat State Petronet Ltd is no exception to this convention. 8But nevertheless a higher tariff ruling is expected from the fully functional PNGRB in the next months on the company's application. 8The question is whether the company will be able to sustain higher volumes in the face of rising LNG prices 8RIL's continued demand for high volumes of gas through GSPL's network is a big shot in the arm but only for now. While this is indicative of the extra time taken to stablize RIL's gasification plants, RIL volumes will taper off sooner than later. 8Volumes will have to kick in from elsewhere. 8Find out more on where new business is going to come from for GSPL. Click on Reports to know more about the company.
Details
What are Petronet LNG's plans right ahead? 8What is the current status of the Dabhol terminal? 8How is the coming on stream of the Mundra LNG terminal going to impact PLL? 8How far has it progressed in its negotiations with Sri Lanka and Bangladesh? 8When is the Kochi-Mangalore pipeline now expected to come on line? 8Till then, where will demand for gas come in for Kochi and for how much? Click on Reports to know more
Details
Completely eliminating coal-fired power generation globally, it is estimated, could entail construction of over 10,000 power plants at an estimated cost of $ 3-7 trillion using natural gas-fired capacity as a replacement. 8Alternately, the cost of a theoretical wind-and-battery storage combination is about 2.5 times that range. 8The natural gas option exceeds today's market capitalization of the entire S&P Energy index by roughly fourfold, while the wind-battery option is about 10 times today's market capitalization of the S&P Energy index as a whole. 8So think carefully before you speak of the end of coal as a fuel for the future Click on Reports for more
Details
The refining industry's biggest threat is not from electric cars 8It is arising from somewhere else 8Even so, the refining industry will be going through a golden run, with surplus refining capacity turning deficit sooner than expected Click on Reports for a very intriguing set of projections
Details
Around 2.3 mmb/d HSFO will be displaced as bunkers fuel in 2020 as tightened norms come into effect. 8Where will this volume go? 8Will refineries be able to absorb it all? 8The answer is "no". 8What happens then? Click on Reports for more
Details
8Project Name: Oilfield Development. 8Project Cost: Rs 2830 crore. 8Project Description: Promoter is planning the development of an offshore field in the Western Offshore Basin. The first phase of field development studies envisages a bridge connected MOPU and three well platforms. Well fluid (mainly gas) from the 2 platforms shall be received at a gathering facility at platform 3. Processed gas after compression from the MOPU will be brought back to Platform 3 via another flexible pipeline for further evacuation to landfall point through a rigid pipeline. The scope of work also involves production header and two flexible pipelines. The first batch of gas for the project is expected by Q2 2020. Further RFQs are expected shortly. 8Project Event: NOI for hiring EPC contractor for the MOPU is expected by Aug 2018. 8Expenditure Approval: Apr/2018 8RFQ Date: May/2018 8Release Date: Sep/2018 8Start Date: Dec/2018 8Completion Date: Mar/2023 Click here for more details 8Project Name: Development Drilling Project. 8Project Cost: Rs 6000 crore. 8Project Description: Promoter has planned development drilling of oil wells in an onshore field. RFQs for the project can be expected in upcoming months. Equipment required for the project are :- drill pipes, drill casings, diesel gensets, drilling fluid, chemical additives. 8Project Event: RFQs for hiring services for rigs and other oilfield services are expected by February 2018. 8Expenditure Approval: Q4/2017 8RFQ Date: Feb/2018 8Release Date: June/2018 8Start Date: Q4/2018 8Completion Date: Q4/2020 Click here for more information 8Project Name: Refinery BS VI Greenfield Project 8Project Cost: Rs 2755 crore. 8Project Description: An existing company along with EPCM contractor and licensor is carrying out engineering activities to construct new DHDT, SRU, ARUand DHDS units 8Project Event: RFQ for Electrical and instrumentation work is expected by June 2018. 8Expenditure Approval: Q4:2016 8RFQ Date: Jun/2018 8Release Date: Jul/2018 8Start Date: Q2:2017 8Completion Date: Q1:2019 Click here for more details 8Project Name: Greenfield POL Terminal Project 8Project Cost: Rs 140 crore. 8Project Description:An existing company along with EPC contractor is planning to construct a POL terminal with a capacity of 24458 KL. RFQ for pump and compressor is out. 8Project Event: RFQ for equipment is to be expected by March 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: Mar/2018 8Release Date: Apr/2018 8Start Date: Q1:2018 8Completion Date: Q1:2020 Click here for more detailsDetails
For reference purposes the website carries here the following tenders: 8Rate Contract for supply of Gate, Globe and Check Valves for different refineries Details 8Supply of Orifice Plates and Flanges for GTU Project at refinery Details 8Road Transportation of Light Diesel Oil Details 8Supply of Electrical Bulk Hazardous Equipments for GTU Project at refinery Details 8Procurement of Mechanical Seal Spares Details 8Carrying out Casing Extension of pipelines Details 8Supply of pipe fittings and valvesDetails 8Repair Job of anomalies as indicated in IPS survey of PB section of PHBPLDetails 8Carrying out OC-VRMP study in refinery Details 8Annual Rate Contract for HDPE Piping JobsDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Petronet, Japanese co to set up $300 mn LNG terminal in Sri Lanka Details 8H-Energy for shore-based regasification in Haldia LNG project Details 8ONGC to nominate one director on HPCL board, retain existing directors Details 8OVL, partners acquire 10% stake in Abu Dhabi oilfield for $600 million Details 8ONGC sells April Sokol crude at steady premium from previous month Details 8Group led by ONGC to buy stake in UAE's ADNOC oil concession: Sources Details 8India signs first concessional agreement with UAE in oil sector Details 8India's Prime Minister Modi in UAE to boost ties with Gulf Arab states Details 8Modi meets French PM Philippe, discusses ways to strengthen ties Details 8Police arrests 180 villagers protesting against ONGC's methane project Details 8PM Modi delivers keynote address in UAE Details 8PM Narendra Modi meets UAE PM, discusses bilateral ties Details 8Oil stake and a stump speech Details 8Oil India Ltd's Q3FY18 standalone net profit rises 55.1% yoy to Rs705.22cr : In-line with Estimates Details 8Tata Group eyes external talent for HR chief post to reinvent itself Details 8Hiring outlook for 2018 positive, expected to grow by 10-15 per cent: Report Details 8OPINION: Budget 2018 has ensured the return of protectionism Details You can also click on Newsclips for moreDetails
8A paper manufacturing company is planning to add a 22 MW captive power plant in an existing Kraft paper plant. 8An EIA consultant is currently writing out the EIA report. 8EC is expected to be elicited in next 6 months. 8Package-wise bids for boiler, turbine, ESP, air cooled condenser is expected soon. Click on details for more informationDetails
8Project Name: Hydro Power Station Maintenance Project (Unit-3) 8Project Cost: 15 crores 8Project Description: The owner has planned a 20-day scheduled maintenance of Unit-3 (200 MW) in the 1200 MW (6*200 MW) river bed power house which includes overhauling of auxiliary parts of the turbine-generator set, bearing sets, tunnel lining, among others. 8Project Event: RFQs for equipment required are expected by mid-February 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: 15/Feb/2018 8Release Date: 25/Feb/2018 8Start Date: 9/Mar/2018 8Completion Date: 29/Mar/2018 Click here for more information 8Project Name: Greenfield Multipurpose Project 8Project Cost: 1000 crores 8Project Description: The owner's 300 MW (3*100 MW) greenfield multipurpose project is on hold due to delay in site survey works at the site. PFR has been submitted to CWC which is under appraisal. The project developer will come out with a requirement for a consultant for DPR preparation soon. 8Project Event: RFQ of a consultant for preparation of DPR is expected by Q3 2018, instead of Q1 2018. 8Expenditure Approval: Q4:2017 8RFQ Date: Q3:2018 8Release Date: Q4:2018 8Start Date: Q2:2020 8Completion Date: Q3:2025 Click here for more informationDetails
ONGC's Mobile Offshore Production Unit (MOPU) for its Ratna and R-series field is in the technical review stage. 8Only two contenders have been short listed for the project 8But one of them seems to have the edge 8Find out who it is Click on Details for more
Details
Orders are likely to start dribbling for equipment and service providers from the first Discovered Small Fields Round 8A Rs 250 crore order is likely from an operator for a field in the North East of India 8Project Event: RFQs for hiring a PMC Contractor for the project is expected by July 2018. 8RFQs for hiring an EIA Consultant for the project is expected by September 2018. 8Expenditure Approval: Q2/2018 8RFQ Date: Jul/2018 8Release Date: Aug/2018 8Start Date: Jun/2019 8Completion Date: Jul/2021 Click here for more details, including key contacts and other project parametersDetails
8The Discovered Small Fields Round-II will offer 60 discovered fields. The fields include those which have been relinquished, and those that were left over from Round-I. The government, mysteriously enough, has pegged employment generation at 80,000 people, directly and indirectly, from the monetization process. Click on Reports for more. 8There were in all 8 key proposals in the budget that impacted the oil and gas industry. Find out which were the ones. Click on Reports for more. 8If you are a petroleum product supplier, here is a global map of product supply-demand imbalances which allow for arbitrage opportunities. Find out more click on Report. 8The website also carries here a the net product tanker fleet today, including age and scrapping profiles. The order book schedule is also documented. Click on Reports for more. 8Did you know that confirmed VLCCs on order are less than the number of ships needed to replace existing VLCCs of 17 years of age or older? Then again, that orderbook non-deliveries have averaged 30% since 2010? Also know more on VLCC net fleet, age profile + historical scrappings. Click on Reports for more. 8Know more on a global company's portfolio of pumps, seals, valves and actuation and how it is trying to make big inroads into India. Click on Reports for more. 8Work on the the provision of offshore-cum-onshore pipeline and terminal works for Fifth Oil Berth Project by Mumbai Port Trust is expected to be completed by May, 2019. Know more about the contractor and whether there are any subcontracts still left to be awarded. Click on Reports for more. 8The latest estimate for 2019 is that US crude oil production will average 11.2 million b/d. U.S. crude oil production averaged 10.2 million barrels per day (b/d) in January, up 100,000 b/d from the December level. Know more click on Report. 8If you are looking for a finer reading of the Union budget and its implications on the oil & gas sector, here is one such report. 8EVs are coming fast, but it is still too early to write the obituary for oil. Click on Reports for more. 8Find out more on how Earth Observations Data plays a role in petroleum and natural gas studies. Click on Reports for more. 8Find out more on why a quantitative analysis thinks RIL is currently an overvalued share. Click on Reports for more. 830 per cent of jobs in the UK, 38 per cent of jobs in the US and 21 per cent in Japan could be at high risk of automation. Click on Reports for more. 8Is the plastics era coming to an end? Click on Reports for more.
Details
Indraprastha Gas' volume growth was 14% year on year 8But the last quarter saw a slowdown in gas volumes growth to just 1% 8Volume trajectory for IGL is likely to remain strong, given rising pollution concerns and the addition of new buses. 8But are higher spot prices impacting industrial volumes as well as the company's margins? 8Why are operating costs trending higher? 8And has the pet coke ban kicked in yet in sales volumes Click on Reports to know more
Details
The electricity sector is eventually compete with the oil & gas sector in more ways than one because of the kind of change that is taking place 8In India too the change is getting to be slowly evident 8Here is a case study of one Indian state where which provides an excellent case study of the potential to transform a regional electricity system, progressively increasing reliance on renewables whilst at the same time lowering average cost of electricity supply and sustaining a strongly growing economy. Click on Reports for more
Details
Biogas production is now an increasingly sustainable business venture 8While the technology is mostly indigenous, there are some big industrial scale plants which can come up with infusion of the right kind of technology 8The website carries here a global biogas technology suppliers directory 2017 8This contains the names of internationally active companies and their activities. Click on Reports for more
Details
The award of dehydration units has been in a bit of a controversy after the the incident with Deep Industries 8ONGC has recently awarded contracts for installation of 8 gas dehydration & HC dew point depression units in Gas Gathering Stations. The project involves supply, installation, commissioning and operation & maintenance of gas dehydration and HC dew points depression units.The overall required and minimum contractual quantity of gas from dehydration & HC DPD unit are to be capped at 3 MMSCMD and 1.50 MMSCMD respectively. 8Project Event: RFQ for the subcontractor is expected by March 2018. 8Expenditure Approval: Q1/2017 8RFQ Date: Mar/2018 8Release Date: Apr/2018 8Start Date: Q2/2018 8Completion Date: Q4/2018 For an equipment supplier, looking for sub contacts click here for more details for key contacts and other details
Details
Ammonia-Urea Brownfield Project 8Cost - Rs 4933 Crore 8Project Event: Discussion process is going on, governemental approval is pending and it is likely to be granted in May 2018. RFQ for LSTK contractor is likely to be released in August 2018 Click here for more information Single Super Phosphate Expansion Project 8Cost - Rs 20 Crore 8Project Event: Discussion process is going on, RFQ for a contractor is likely to be released in March 2018. Click here for more information Ammonia-Urea Annual Shutdown Maintenance Project 8Cost - Rs 30 Crore 8Project Event: Tender for a registered maintenance contractor is extended from February 2018 to April 2018 Click here for more informationDetails
8 Project Name: Refinery Greenfield Gasoline Hydrotreating Unit 8Project Cost: Rs 554 Crore. 8Project Description: An existing company along with EPC contractor 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 refinery. Contracting for equipment and services are currently on. 8Project Event: RFQ for erection and installation is expected by last week of February 2018. 8Project Event: RFQ for electrical and instrumentation work is expected by June 2018. 8Expenditure Approval: Q1/2017 8RFQ Date: Feb/2018 8Release Date: Mar/2018 8Start Date: Q1:2017 8Completion Date: Q1:2019 Click here for more details 8 Project Name: Greenfield LPG Bottling plant project 8Project Cost: Rs 161 Crore. 8Project Description: An existing company along with PMC contractor Millicon Engineers Private Limited is planning to install an LPG Bottling Plant with a capacity of 120000 MTPA by installing 3 X 600 MT mounded storage vessels. 8Project Event: RFQ for equipment is expected by March 2018. 8Expenditure Approval: Q3/2017 8RFQ Date: Mar/2018 8Release Date: Apr/2018 8Start Date: Q1:2018 8Completion Date: Q1:2020 Click here for more detailsDetails
For reference purposes the website carries here the following tenders: 8Annual Maintenance Contract for ROU Maintenance at Cauvery Basin Details 8Supply of Core Balance Current Transformer at refinery Details 8Supply of Caustic Soda Lye in refinery Details 8Annual Rate Contract for maintenance of mechanical equipment and accessories Details 8Hiring of Services for Civil Jobs for Long-term Protection Measures of Hydrocarbon Pipelines Details 8Providing TPM Consultancy Services at refinery Details 8Unit Operation Assistance at refineryDetails 8Supply of spares for LGP Compressor and Screw Type Air Compressor at LPG Bottling PlantDetails 8Supply of Control Valves at refinery Details 8Refinery II Flare System Maintenance jobs during shutdown 2018Details 8Procurement of Sodium Chloride for refineryDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India's state-owned oil refiners, RIL and Rosneft plan expansion Details 8Algeria launches new natural gas pipeline from southwestern fields Details 8Petrobras Brasileiro in talks with potential partner for refining unit Details 8India plans to raise refining capacity by 77 pct by 2030 -govt report Details 8Canada's MEG Energy to sell pipeline, storage assets for C$1.61 bln Details 8Iraq signs agreement to build 70,000 bpd oil refinery near Kirkuk Details 8ENI, Total find 'extensive' gas reserves off Cyprus Details 8UAE's Crescent Petroleum says it will more than double Iraq gas output in 3 years Details 8Petronet LNG Q3 net profit surges 33% to Rs 529 crore Details 8Cabinet approves auction of 60 more small oil, gas fields Details 8IOC, BPCL keen to acquire GAIL India: Pradhan Details 8India to seek lower oil rates from Saudi Arabia, US Details 8India's oil hunger to double despite its electric car ambitions Details 860 more discovered fields to be auctioned to pvt firms Details 8Push for cut in crude price Details 8Additional 3 cr free LPG connections to cost Rs 4,800cr Details You can also click on Newsclips for moreDetails
8Project Name: Gas Power Station Maintenance Project 8Project Cost: 12 crores 8Project Description: The owner has planned a 10-days scheduled maintenance of Unit-3 in the 127.20 MW Gas Based Power Station covering minor inspection (type A) of equipment which includes overhauling of auxiliary parts of the gas turbine set and air filter cleaning of compressor parts. 8Project Event: RFQ for short lead equipment required are expected by mid-February 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: 12/Feb/2018 8Release Date: 25/Feb/2018 8Start Date: 1/Mar/2018 8Completion Date: 10/Mar/2018 Click here for more information 8Project Name: Hydroelectric Greenfield Project : PPA delays RFQ 8Project Cost: 200 crores 8Project Description: The owner's 52 MW (2x26 MW) greenfield hydroelectric plant has been held up on account of a delay in signing of the power purchase agreement. Environment Clearance is likely to be elicited by Q3 2018. Project kick off date is expected in early 2020. The developer will come out with a package wise bids after getting EC appraisal. 8Project Event: RFQs for civil works are expected to be out by Q1 2019, instead of Q1 2018. 8Expenditure Approval: Q4:2017 8RFQ Date: Q1:2019 8Release Date: Q3:2019 8Start Date: Q2:2020 8Completion Date: Q3:2024 Click here for more informationDetails
8A final investment decision on the Mozambique LNG project is expected between April and June 2018 and the project is likely to commence operations in 2022-23, after a four-year construction period. Click on Report for more. 8World’s Biggest Wealth Fund is having second thoughts on its earlier decision to disinvest its oil and gas portfolio. Find out why Click on Report. 8Coal seems to going through a revival of sorts.. Prices are high but will they stay up for long? Click on Report for more. 8Thermax' gas and oil fired thermic fuel heaters are a success. Here is why Click on Report for more. 8Will crude tanker rates bottom out soon? Click on Report for more. 8Shipping demolition prices seem to be resisting – at least for now – a further drop following the substantial correction that took place during the last days of January. Know more click on Report for more. 8A big Iranian oil & gas exhibition is coming up. And Indian companies must look it up. Click on Report for more. 8Illegal mining in India: How does it work and how is it sought to be tackled? Click on Report for more. 8Is the LNG market tightly balanced or is it set for a supply glut: Look up a free webinar today from the best known names in the world. Click on Report for more. 8Get the details of the newly approved Round-II of the Discovered Small Field divestment process. Click on Report for more.
Details
The entry of RIL-BP as a competitive supplier of gas in India can have a big impact only if the government plays along and brings about much needed reforms in this segment of the economy. 8Unless the stratified common carrier paradigm that underpins the midstream sector is unlocked, monopoly owners of the infrastructure are unlikely to allow for much progress. 8A case at point is a similar foray by Shell, which already has an LNG terminal in operation. The company is the largest global LNG player and yet in India, it remained stymied by lack of direct access to customers. 8With both BP and Shell actively involved in the Indian market, it is time for the government to break up GAIL into its marketing and transmission arms as a first step towards reforming the sector. The petroleum minister has been making noises about bringing about a change but so gripping is GAIL's hold on the government, and perhaps rightfully so, that change, if any, is going to come only in driblets. It is futile to expect the government to open up the sector in one striking move. 8Unlike Shell, RIL-BP has a bigger exposure to market and is likely to push the government on reforms 8The PNGRB, now under a no-nonsense boss, can play a bigger and more assertive role as well 8RIL thought it could break the monopolies in existence in the sector when it drew first gas in the KG basin. That attempt was unsuccesful. 8Let's see what happens this time around Click on Reports to know more on what RIL-BP plans on this front
Details
Quietly but purposefully, Vedanta is going about pushing investments into its oil & gas asssets 8A set of big investments have already been put into action, with contracts awarded. 8It is also following up aggressively on an exploration programme, both onshore and offshore, in search for new reserves. 8Vedanta, just like RIL, understands how to do business in India and is very bullish on how much further it can push its E&P assets. 8Vedanta chief Anil Agarwal leaves no stone unturned in New Delhi's corridors of power to get what he wants. 8Unlike RIL-BP, Vedanta has plans to aggressively look for new acreages in the OLAP rounds 8A part of the bullishness stems from the fact that it believes that Indian E&P can give 20% or higher returns at less than $40/bbl. RIL-BP on the other hand did not share such an experience 8The Vedanta confidence stems from its success in keeping production cost extremely low in its Barmer field. Barmer's water flood OPEX was at a mere $4.3/barrel. Blended operating cost was at $6.4/barrel. 8But the sand dunes of Rajasthan are different from the choppy waters of the KG Basin. 8Only time will tell whether its ambitious foray into offshore exploration will bear results. Click on Reports to understand Vedanta's ambitions on the oil & gas front.
Details
The budget was in some sense was a disappointment for the oil & gas sector. 8A lot was expected but expectations were belied 8But there are some positives 8The fine print shows that there are benefits for companies deploying rigs 8Gas infrastructure gets a boost too Also know more on what was expected and what has been delivered Click on Reports for more
Details
Phosphoric Acid & Sulphuric Acid Greenfield Project 8Cost - Rs 1800 Crore 8Project Event: RFQ for EPC contractor is likely to be April or May 2018. Click here for more information SSP Expansion Project 8Cost - Rs 15 Crore 8Project Event: Discussion process is going on and RFQ for a contractor is likely to be released in May 2018. Click here for more information Ammonia-Urea Annual Shutdown Maintenance Project 8Cost - Rs 30 Crore 8Project Event: Tender for a registered maintenance contractor is likely to be released in March 2018 Click here for more informationDetails
8 Project Name: Oil Field Development. 8Project Cost: Rs 200 Crore. 8Project Description: Promoter is planning the development of an oil field. The block had been awarded to the company under the Discovered Small Fields round 2016. Currently, the promoter is in the process of carrying out an analysis so as to evaluate possible oil reserves. The project is expected to start by July 2019. The PML license for the Block is going to expire in December 2024. Further RFQs are expected shortly. 8Project Event: RFQs for hiring an EIA Consultant for the project is expected by March 2018. RFQs for hiring Rigs and other oilfield services is expected by November 2018. 8Expenditure Approval: Q2/2018 8RFQ Date: Mar/2018 8Release Date: Apr/2018 8Start Date: Jul/2019 8Completion Date: Jul/2021 Click here for more details Development Drilling 8Project Description: The project involves development drilling of 8 wells and laying of an infield pipeline to connect with the nearest production facility (GGS). 8Project Event: RFQs for hiring oilfield services are expected by March 2018. TOR for the project has been granted. Click here for more details 8 Project Name:Product Pipeline augmentation project 8Project Cost: Rs 277 Crore. 8Project Description: An existing company along with EPC contractor is planning to augment its pipeline capacity. 8Project Event: RFQ for the listed equipment is to be expected by last week of February 2018 8Project Event: RFQ for the trenching and laying work is expected by May 2018. 8Expenditure Approval: Q3/2017 8RFQ Date: May/2018 8Release Date: Jun/2018 8Start Date: Q1:2018 8Completion Date: Q1:2020 Click here for more details 8 Project Name: Product Pipeline Greenfield Project 8Project Cost: Rs 2800 Crore. 8Project Description: An existing company is planning to construct a product pipeline. A slight delay in the selection of PMC contractor due to delay in forest clearance. 8Project Event: RFQ for Project Management Consultant is expected by May 2018. 8Expenditure Approval: Sep/2015 8RFQ Date: May/2018 8Release Date: Jun/2018 8Start Date: Q2:2018 8Completion Date: Q2:2021 Click here for more detailsDetails
For reference purposes the website carries here the following tenders: 8Procurement of Casing Centralizers and Stop Ring Details 8Laying of 3LPE Coated Oil/ Gas Pipeline Details 8Supply, Installation, Commissioning, Training and Site Acceptance Test of Fully Automatic Micro-Reactor for Enzymatic CO2 Capture Details 8Skid Mounted Modular Surface Process Facility on hire basis along with Operation and Maintenance Details 8Supply of CS Seamless Fittings Details 8Supply of CS Flanges Details 8Supply and Installation of CFD Multiphysics Package with Fuel Cell ModuleDetails 8Supply of Pipes for GTU Project at refineryDetails 8Short Listing of vendors for supply of Methanol to refinery Details 8Supply of Heat Exchangers in refineryDetails 8Combined Station Works for installation of Knock Out Drum and Horizontal Filtration Skid in DPPL RLNG lineDetails 8Supply of Check Valves in refineryDetails 8Corrigendum: Procurement of IP-EPABX and associated Equipment for Tripura Pipeline System including buy-back of Old EPABXDetails 8Corrigendum: Procurement of 1200 MT Imported Butene for LLDPE/ HDPE UnitDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Delhi ranks third on petrol, diesel sales fraud among states Details 8Diesel demand may grow threefold by 2040: Report Details 8Russia's Gazprom sees investments, debt repayments peaking in 2018-2020 Details 8India plans massive natural gas expansion, LNG imports to soar Details 8GAIL was set up for natural gas transportation: Dharmendra Pradhan Details 8Adani plans to build 5 mtpa LNG terminal in east India Details 8IOC, BPCL keen to acquire GAIL India: Dharmendra Pradhan Details 8Cabinet approves Discovered Small field Round II, 60 fields will be up for auctions Details 8State refiners, RIL and Rosneft plan expansion Details 8GAIL set up for transport, not marketing biz: Pradhan Details 8Govt redefines MSMEs based on annual revenue Details 8ONGC plans to sell stake in Indian Oil, GAIL for $4.8 bn to repay debt Details 8RBI holds rates, sees inflation spike Details 8Venezuela president to attend ISA summit in India next month Details 8Numaligarh Refinery ramps up capacity of LPG bottling plant to 42TMTPA Details 8DBT payments cross Rs 1 lakh crore in ’17-18; govt may declare savings of Rs 75,000 crore Details You can also click on Newsclips for moreDetails
8Project Name: Super Thermal Power - LTC Project 8Project Cost: 10 crores 8Project Description: The owner is going on with the construction activities for a greenfield super-critical 1600 MW (2*800 MW) thermal power plant. Start-up Unit-1(800 MW) is expected within the 3-4 months. Unit-2 (800 MW) is under construction and expected to be synchronized in September 2018. The owner has already come out with bids for Long Term Contract (LTC) maintenance for CHP, WTP, AHP, C&I, mechanical equipment of the boiler. Bids for LTC for switch-yard equipment and cooling tower are expected soon. 8Project Event: RFQs for a long term contract for switch-yard equipment and cooling tower are expected by April 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: Apr/2018 8Release Date: May/2018 8Start Date: 2018 8Completion Date: 2024 Click here for more information 8Project Name: Hydroelectric Greenfield Project : Getting Delayed 8Project Cost: 800 crores 8Project Description: The owner's 90 MW (3*30 MW) greenfield hydro power project has been held up on account of delay in grant of wildlife clearance. NBWL clearance is awaiting at the Nodal Officer level, and only after that will EC be elicited. The owner will come out with an EPC package after getting EC appraisal. 8Project Event: RFQ for an EPC contractor is expected by Q3 2018, instead of Q1 2018. 8Expenditure Approval: Q4:2017 8RFQ Date: Q3:2018 8Release Date: Q1:2019 8Start Date: Q3:2019 8Completion Date: Q4:2024 Click here for more informationDetails
Get key contacts in a future business development opportunity here 8 Project Name: Drilling Site Development. 8Project Cost: Rs 200 Crore. 8Project Description: A private promoter is planning the development of an oil field in Assam. The project is expected to start by June 2019. 8Project Event: RFQs for hiring an EIA Consultant for the project is expected by August 2018. RFQ for hiring Rigs and other oilfield services is expected by December 2018. 8Expenditure Approval: Q2/2018 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Jun/2019 8Completion Date: Jun/2021. Click here for more details 8Project Description: Promoter is looking at an onland field, involving development drilling of oil wells, construction of surface facilities in the already existing CTF and the laying of a 6-inch pipeline from the oil field to the CTF. 8Project Event: RFQs for hiring an EPC contractor for laying the pipeline are expected by February end 2018 instead of January 2018 as projected earlier. Click here for more details 8 Project Name: Refinery BS VI Up-gradation Project 8Project Cost: Rs 3200 Crore. 8Project Description: An existing company along with EPCM contractor and licensor is carrying out detailed engineering work. RFQ for the equipment is already out. 8Project Event: RFQ for electrical and instrumentation work is expected by April 2018. 8Expenditure Approval: Q3/2016 8RFQ Date: Apr/2018 8Release Date: May/2018 8Start Date: Q1:2018 8Completion Date: Q3:2020 Click here for more details 8 Project Name: Refinery Modernization Project 8Project Cost: Rs 21000 Crore. 8Project Description: An existing company along with PMC contractor and licensor is carrying out engineering activities. A private company has been appointed as EPCC contractor for Crude Distillation and Vacuum Distillation Unit. 8Project Event: RFQ for the LSTK contractor for VGO Unit and Hydrogen Unit is expected by April 2018. 8Expenditure Approval: Q4/2016 8RFQ Date: Apr/2018 8Release Date: May/2018 8Start Date: Q2:2017 8Completion Date: Q2:2020 Click here for more detailsDetails
8Find out how one offshore developer has used innovative design to cut the breakeven level to $35/bbl from $85/bbl earlier. Click on Report for more. 82018 will be a disappointing year in terms of industry earnings, it seems, but the extreme weakness across all tanker categories in January still left many surprised, particularly because there has always been traditional support to the market during the winter season. Spot TCE earnings on the benchmark VLCC trade from the Middle East to Japan (TD3) averaged just under $13,000/day at market speed last month, an unprecedented level for January since the turn of the century. Click on Report for more. 8Know more on how disruption in the electricity industry creates new roles to be played by traditional OEMs along the entire value chain. Click on Report for more. 8BP recorded a a $319-million exploration write-back relating to Block KG D6 in India. In addition, an impairment reversal of $234 million was also recorded in relation to this block. Click on Report for more. 8Oil subsidies have been assumed to grow by a meagre 2.0% in FY19, despite the upward shift in the trajectory of oil prices. Click on Report for more. 8Find out more on how the Budget can provide a big boost to the logistics industry. Click on Report for more. 8A business development opportunity has come up for diving services in India. Know more click on Report. 8Refinery margins have gone weak and this is likely to impact oil marketing companies. Click on Report for more.
Details
ONGC has decided to go against the opinion of the Attorney General of India on hiring of offshore vessels and rigs 8This determined departure is likely to cause some friction however, according to highly placed sources 8"We believe the Attorney General has his point of view but we have ours. We cannot let our offshore operations suffer," a top ONGC officials said Click on Reports to find out more
Details
The website carries here details of an international energy major which is under investigation for possible bribery in India to government officials. 8The action in the US appeared surprising as the company is not headquartered there. 8This shows that the US now redefining its anti-corruption investigations Click on Reports for more
Details
MRPL has drawn up a series of major expansions 8This includes scaling up refining capacity to 25 MMTPA 8There will be a concomitant expansion in petrochemical capacity as well 8Also know more about MRPL's LNG expansion plans Click on Reports for more
Details
Find out more how OPEC, guided by Saudi Arabaia, is looking well beyond 2018 8OPEC+ is now likely to permanently play an active role in managing market balances and participants’ expectations 8The changes in supply and demand prospects switched the pendulum from perception of oil scarcity to oil abundance 8In this context, OPEC is now moving towards revenue maximization rather than output maximization is the main guiding principle. 8This signal could not be timelier. Find out more how this new trend is going to pan out. Click on Report.
Details
Ammonia-Urea & Captive Power Plant Greenfield Project 8Cost - Rs 10741 Crore 8Project Event: The selection process for an LSTK contractor that involved discussions with the PMC and process licensors has become more complex and time consuming Click here for more information Ammonia-Urea Energy Saving Project 8Cost - Rs 347 Crore 8Project Event: Three companies are in the race . Finalization is due in April 2018. Tender for equipment is likely to be released May 2018. Click here for more informationDetails
If the world has what is actually an inexhaustible supply of oil, what should the long-run equilibrium price? 8Since some see the trajectory of the oil market following that of coal and ‘oil could become the new coal’, then ‘oil prices could converge to the level of coal prices, about $15 per barrel in 2015 prices by the early 2040s’. 8To be more specific, the long-term equilibrium price should equate with the marginal cost of the lowest cost producer plus the return on capital in developing and producing these reserves. 8Are prices eventually go down, as they ideally should, to these levels? 8The answer is no. Find out why
Details
For reference purposes the website carries here the following tenders: 8Supply of Integral Vaccum Insulated Tubing for Rajasthan Project Details 8Contract of assistance in Operation and Maintenance of Running Online Equipment at Bottling Plant Details 8Inspection and supervision of Coat and Wrap and IPS anamoly rectification work Details 8Supply of Software Package and Services for Electrical Interference Study and Mitigation Design for NG and LPG Pipelines Details 8Procurement of CS Pipes at refinery Details 8Miscellaneous Electrical Works at RR Stations and Pipeline Terminals Details 8Marine Geotechnical and Geophysical Survey Works for Refinery and Petrochemical ProjectDetails 8Supply of Ball Type On Off Valves at refineryDetails 8Expert Services for Coke Drum Un-heading at refinery Details 8Corrigendum: Procurement of Level TransmittersDetails 8Procurement of PSVsDetails 8Hiring of Coring Services for CB-ONN-2010/11Details 8Contract for Hydro-Testing and repair of PipelinesDetails 8Supply of Natural Gas/ RLNG for Non-urea ActivityDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Trade, investment, energy to be key features during PM Modi's three-nation tour Details 8Oil explorer Kosmos Energy says reserve-based loan facility raised Details 8German renewable power expansion will need gas as back-up -Wingas Details 8Largest U.S. refinery shuts key crude unit, starts overhaul: sources Details 8Baltic index falls to six-month low on weaker vessel rates Details 8Budget 2018: Petroleum subsidy could fall short; upstream firms may have to bear burden Details 8China's coke, coking coal futures defy global market rout Details 8India sees no scope for more excise duty cut on petrol, diesel for now - Fin Min source Details 822 Indian sailors onboard oil tanker rescued Details 8Egypt to offer 11 concession areas in gas exploration bid round -Shorouk Details 8Tokyo Gas unit, others to build LNG terminal in Ehime prefecture Details 8Energy Information Administration raises U.S. oil output growth forecast for 2018 Details 8Jordan approves construction of Iraq oil pipeline: govt spokesman Details 8Gujarat State Petroleum Corporation weighs options to pare debt Details 8Anadarko posts quarterly profit as global crude oil prices recover Details 8Global crude oil prices rise on report of decline in U.S. crude stocks Details You can also click on Newsclips for moreDetails
Business Opportunities for an AMC contractor 8Project Name: Thermal Power Station - Annual Maintenance Contractor 8Project Cost: 0.8 crores 8Project Description: The owner is going on with the construction activities for a greenfield 750 MW (3*250 MW) thermal power plant. The unit-1 and unit-2 (2*250 MW) has been commissioned in 2017. The unit-3 (250 MW) is under construction and expected to get commissioned by July 2018. Annual Maintenance Contractor for CHP, chemical treatment plant has been awarded. The owner will come out with an open bid for selection of an Annual Maintenance Contractor (AMC) for operation and monitoring of AHP, switchyard, among others. 8Project Event: RFQs for an annual maintenance contractor of AHP, Switch-yard are expected by April 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Apr/2018 8Release Date: May/2018 8Start Date: Aug/2018 8Completion Date: Sep/2019 Click here for more information RFQ for FGD package contractor : Getting delayed 8Project Name: Thermal Power Plant- FGD Addition 8Project Cost: 400 crores 8Project Description: The owner's 600 MW (2*300 MW) Thermal Power Station is planning the installation of FGD and upgrading of ESPs. The project is getting delayed on account of delay in approval from CEA apparently because of the inability of the promoter to establish reasonable cost and finding bechmarks.. The installation is expected to begin by the end of March, 2021. RFQs for supply of FGD are expected soon. 8Project Event: RFQs for FGD and upgrading ESPs are expected to be out by Q3 2018. 8Expenditure Approval: 2016 8RFQ Date: Q3:2018 8Release Date: Q4:2018 8Start Date: Q2:2021 8Completion Date: Q3:2023 Click here for more informationDetails
8Get the exact quantity of pet coke imported from the US over the last three years into India. Also know more on steps taken to curb imports. Click on Report for more. 8Find out the views of the government on the plea by the LNG based power generation industry for subsidies or incentives to run their power plants. Click on Report for more. 8Know more on IOC's LNG procurement plans over the next three years. Where will the LNG come from and where will it land? Click on Report for more. 8Find out the number of rigs under employment by ONGC, OIL and private sector players. Click on Report for more. 8Has an authorization been given to Cairn-ONGC consortium for laying of gas pipeline for export and supply of gas from Rajasthan Field to Palanpur in Gujarat? Click on Report for more. 8Bidding for sourcing gas for smart cities will come up but that will depend on a host of other factors. Know more click on Report. 8Myanmar has become a sophisticated market for the oil & gas and mining products. Find out business opportunities here. Click on Report for more. 8As far as retail outlets are concerned, land owners can get a rough deal from OMCs if they want to wrestle free. Know more click on Report. 8Discovered Small Field Rounds are just one of the ways that the government is thinking of capitalizing on assets which are currently owned by ONGC and OIL. Other more innovative routes are also being explored. Know more click on Report. 8Know more on how many retail owners have been caught manipulating their dispensing meters and what action is being taken against them. Also know more on steps being taken to tighten regulations. Click on Report for more. 8Know more on why the China Pakistan Economic Corridor is increasingly converting from a challenge into an opportunity. Click on Report for more. 8VLCC voyage charter rates continue to bounce along the bottom and MR product tanker rates are also feeling the pain. Click on Report for more. 8Cochin Shipyard: Know more on what is going on there. Click on Report for more. 8Get the full matrix of CNG and PNG stations which have been set up in the country so far. Click on Report for more. 8Vinod Tahiliani appointed as CEO India Gas Solutions. Click on Report for more. 8Know the government's latest views on what to do if oil prices go up. Will all of that price increase be passed on to consumers? Click on Report for more. 8Find out how Liquefied Compressed Natural Gas (LCNG) dispensing is getting popular in India.Click on Report for more.
Details
Are you looking at investing in an industry that is future proof? 8The website carries here a compilation of such businesses which are sustainable in the future 8The data has been put together using global surveys 8Find out more on circular economies, block chain led record keeping, alternate food sources, circular approaches to construction technology, refuse to repower, fuel switching opportunities, upcycling carbon, dramatically new air conditioning systems, sustainable shipping, reimagining plastics, alternative acquaculture, among others 8Specific business opportunities have been identified in these segments Click on Reports for all the material you need to make your business future proof.
Details
India is on the cusp of a logistical revolution. 8Find out what is driving this business 8What are the challenges 8What kind of digitization can be expected 8What are the business opportunities 8What kind of new policy formulations are needed to egg on the industry 8Find successful case histories Click on Reports for more
Details
IOC is riding on a high 8The future has been tweaked up following its exceptional performance in the course of the last nine months 8Find out what the projects are for the company right uptil 2020 8The only indeterminate is government policy. If crude prices are to rise beyond a point -- which seems unlikely at this juncture -- whether some of the cushioning will be passed on in terms of under-recoveries to the public sector marketing companies remains a moot point. Click on Reports for more
Details
8Project Name: Offshore Field Development. 8Project Cost: Rs 300 crore. 8Project Description: Promoter is planning the development of an offshore Block. The project involves development drilling of offshore development wells by using a Jack-up Rig, connect them to the existing unmanned platform using a subsea pipeline and laying of a pipeline from offshore Platform to the Onshore Gas Processing Plant. EIA consultant for the project has already been hired. The project is expected to start by March 2018 as environmental clearance for the laying of a pipeline from offshore Platform to the Onshore Gas Processing Plant has already been obtained. Further RFQs are expected shortly. 8Project Event: RFQs for hiring a jack-up rig is expected by March end 2018. 8Expenditure Approval: Q4/2017 8RFQ Date: Mar/2018 8Release Date: Apr/2018 8Start Date: Jan/2019 8Completion Date: Jul/2021 Click here for more details 8Project Description: Promoter is planning exploratory drilling of 10 wells at an average depth of 4000 m. 8Project Event: RFQ for mobile ETPs is expected by April 2018. Click here for more details 8Project Name: Refinery Expansion Project. 8Project Cost: Rs 23116 crore. 8Project Description: An existing company is planning to expand its existing 15 MMTPA refinery to 25 MMTPA along with a PP (Polypropylene) unit. First, the capacity will be 15 MMTPA to 20 MMTPA, then its expansion will be 25 MMTPA. 8Project Event: RFQ for PFR consultant is expected by April 2018. 8Expenditure Approval: 2018 8RFQ Date: Apr/2018 8Release Date: May/2018 8Start Date: 2019 8Completion Date: 2024 Click here for more details 8Project Name: Greenfield POL Terminal Project. 8Project Cost: Rs 432 crore. 8Project Description: An existing company is planning to install a greenfield POL terminal with a capacity of 29170 KL. Engineers India Limited is appointed as DFR consultant. 8Project Event: RFQ for the EPC contractor is expected by July 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Jul/2018 8Release Date: Aug/2018 8Start Date: Q4:2018 8Completion Date: Q4:2020 Click here for more detailsDetails
Ammonium Nitrate Greenfield Project 8Cost - Rs 1750 Crore 8Project Event: The environmental clearance is likely to be elicited in March or April 2018, RFQ for the EPC contractor is likely to be released in May 2018. Click here for more information Ammonia-Urea Energy Saving Project 8Cost - Rs 250 Crore 8Project Event: EOI has come out for an LSTK contractor and the last date for submission is 19 February 2018. Click here for more information Ammonia-Urea Annual Maintenance Project 8Cost - Rs 30 Crore 8Project Event: Tender for a registered maintenance contractor is likely to be released in April 2018 Click here for more informationDetails
For reference purposes the website carries here the following tenders: 8Supply of Gas Detectors Details 8Concreting below Fire Water Pipelines for Hydrant Approaches and Miscellaneous Civil Works at Plant Area Details 8Procurement of PE Pipes on Annual Rate Contract Details 8Procurement of SRP Surface Unit Details 8Hiring of Services for Production Testing Services for Work Over Jobs Details 8Annual Rate Contract of Civil Works for Work Over Rig Operations in Krishna Area Details 8Procurement of Gas Compressor SparesDetails 8Coating survey of PH section, NOJPL and different stations of PHBPLDetails 8Mechanized Cleaning of Storage Tanks for Facilitating Inspection and Maintenance Work Details 8Supply of UPVC pipes/ fittings as per ASTM StandardsDetails 8Supply of Fresh water to IOC Time Chartered vessels LPG and POL at New Mangalore PortDetails 8Supply and Installation of Mass Flow Meter and Allied EquipmentsDetails 8Global Expression Of Interest for provision of Diving Services at Ravva on Coast of Andhra Pradesh and CB/OS-2 in Cambay BasinDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Lower government budgeting for fuel subsidy may hurt ONGC, OIL Details 8Oil demand may gain or fall 20 per cent by 2040: Exxon Mobil Corp Details 8Next-wave LNG terminals get smaller to offer flexible supply deals Details 8Trump to withdraw nomination of environmental pick Kathleen White Details 8RIL-BP JV to start selling imported LNG in 12-18 months in India Details 8Vietnam gives life term to oil executive after alleged abduction Details 8Iran says fully settled debt to Turkey over natural gas exports Details 8India's ONGC is said to expect delays in its biggest project Details 8Niti Aayog CEO Amitabh Kant gets extension till June 30, 2019 Details 8ONGC’s biggest oil, gas project in Krishna-Godavari basin expected to be delayed Details 8India Gas Solutions, a RIL-BP joint venture, names Vinod Thailiani as CEO Details 8India, UAE discuss ways to enhance economic ties Details 8Govt's 60% oil block sell-off plan may hit dual contract roadblock Details 8Western region to top crude oil refining capacity by 2030 at 242 mn tonnes Details 8Punjab clears piped gas policy for urban areas Details 8India Gas Solutions to begin selling imported LNG to Indian customers: CEO Details 8OPINION: Budget 2018 to reduce the gap between rural Bharat and urban India Details 8States not in favour of petrol, diesel inclusion into GST: FM Jaitley Details 82019 polls: A good Budget does not necessarily translate into big poll gains Details 8Oil prices sink 1 per cent amid global market plunge, U.S. output spree Details 8Iraq plans military operation to secure oil route to Iran - security sources Details 8GAIL places order for 350 km Vijaipur–Auraiya spurline Details You can also click on Newsclips for moreDetails