The real facts are finally out on Deep Industries Ltd 8The company main client, ONGC, had banned business with Deep and the exact period of ban is now known. 8The ban is usually for a period of three years but in case of Deep, the period has been adjudged as two years. 8ONGC will have no dealings with Deep well into 2019 Click on Details for more on why the ban was implemented
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ONGC has canceled two of its contracts with Deep Industries for gas dehydration units on the basis of allegations of a contractual misdemeanor before it was blacklisted. 8Find out more on what exactly was the reason for the blacklisting 8Which was the foreign collaborator whose experience was fudged? 8A big chunk of Deep's business emanates from ONGC and that is not just confined to dehydration units 8Deep will also not be able to deploy its onshore rigs with ONGC for the period of time it is blacklisted. Click on Details for moreDetailsDetails
Ammonia-Urea Energy Saving Project 8Cost - Rs 481 Crore 8Project Event: 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 April in place of March 2018. Click here for more information Phosphoric acid Expansion Project 8Cost - Rs 130 Crore 8Project Event: RFQ for EPC contractor is likely to be released in April 2018. Click here for more information SingleSuper Phosphate Brownfield Project 8Cost - Rs 20 Crore 8Project Event: RFQ for a contractor is likely to be released in August 2018. Click here for more informationDetails
For reference purposes the website carries here the following tenders: 8Hiring of NDT Inspection Services for Tubulars, Drill Pipes and Equipments for Drilling Services & Workover Rigs of Well Services Details 8Carrying out EIA & RRA study for Polypropylene unit at Rasayani and pipelinesDetails 8Procurement of 17280 KG Calcium Stearate Standard for PP UnitDetails 8Hiring of Contract for Non Destructive Testing by UT Flaw Detection with reports for Non-Piggable Underground PipelinesDetails 8Hiring of Fork Lift Services on Firm/ Callout basis for Onshore BlocksDetails 8Conducting Baseline Survey for CSR activities in seven villages falling along new ROWs of PMBPL Project, MAPL Project and PHDPL-Aug ProjectDetails 8Line patrolling and security arrangements in the right of way (ROW) of HMRBPLDetails 8Modification of existing water tanks into product tanks with allied pipeline and miscellaneous worksDetails 8Carrying out Hydro-testing and stacking of Mainline PipesDetails 8Supply, Installation and Commissioning of Valve SparesDetails 8Technical advisory services during overhauling and maintenance of Compressors at refineryDetails 8Hiring of Mobile Test Separator with Sand Management Equipments on Callout basisDetails You can also click on Tenders for more For reference purposes the website carries here the following tenders: 8Reliance Industries seeks collaboration with Estonia for e-governance solutionsDetails 8Push two-wheelers and three-wheelers among electric vehicles: BP Chief EconomistDetails 8Asian shares slip on US protectionism fears Details 8Oil heads for more swings, dollar to offer near-term triggersDetails 8We expect 8-10% growth in LPG volumes: MK Surana, HPCLDetails 8Ecuador seeks $800 mln investment in oil and gas bidDetails 8Shunning renewables, OMV attracts investors with low-cost fossil fuelsDetails 8Electric vehicles not to be a gamechanger for global oil demand: BP Details 8Clean fuel, not electric vehicles, should be India’s goalDetails 8Natural gas import: Why GAIL should be seeking bailDetails 8India’s liquid fuel demand to touch 10 million bpd by 2040, says BP Plc’s Spencer DaleDetails 8Outstrips sales growth: Oil firms boost CPSE profitability in 2015-17Details 8Indian Oil eyes $1.5 billion savings with own plant techDetails 8Oil edges up on strong China data, but rising US output caps gainsDetails 8Vedanta shareholders to get 21.2 as interim; March 21 is record dateDetails 8Nagarjuna Oil: BPCL to submit plan by Mar 17Details 8Vedanta appoints former SEBI Chairman UK Sinha as independent directorDetails 8Qatar Petroleum announces Abu Dhabi oil deal despite boycottDetails 8Austrian OMV to spend 10 bln euros in shift towards gas, refiningDetails 8Germany's 2017 oil output fell 6 percent, natural gas down 8 percentDetails 8CNG stations to shut down for 3 days in GurugramDetails 8Summit Power to develop $3 bln LNG-to-power Bangladesh project with Japan firmsDetails 8Final hearing in Cairn Energy Plc's Rs 10,247 crore tax issue in AugustDetails 8RIL seeks collaboration with Estonia for e-governance solutions for IndiaDetails 8India's oil imports from Venezuela hit lowest in over five years Details 8Ministry of Power accords Principal approval for setting up LNG Terminal, 50 MW Power Plant in AndamanDetails 8How Videocon plans to pay off its loansDetails 8Crude oil hovers near resistance levelsDetails 8Indian economy to witness faster than expected growth in 2018: DeloitteDetails 8BSNL, Air India, MTNL worst performing PSUs in FY 17 Details You can also click on Newsclips for moreDetails
Our ground-up project monitoring tool is scooping out a lot of data on increased E&P activity across India. While the bulk of the thrust is coming from the national oil companies, there is a lot of private sector uptick. Here are some leads for the day EIA and oilfield services coming up 8 Project Name: Drilling Site Development. 8Project Cost: Rs 200 Crore. 8Project Description: Promoter is planning development of an onshore field. The project involves workover of 3 existing wells, and drilling of five development wells in the block. Moreover, the project will involve the laying of pipelines to connect the oil field with the nearest production facility. Currently, the project is in pre-clearance phase. The FDP for the project is under preparation which is expected to be completed by next month. The TOR for the project has been approved. However, a small delay is expected in RFQs on account of a few resignations. Further RFQs for the project are expected shortly. 8Project Event: RFQs for hiring consultant for EIA services are expected by May instead of March 2018. RFQs for hiring services for Rigs and other oilfield services are expected by July instead of March 2018. 8Expenditure Approval: Q2/2017 8RFQ Date: May/2018 8Release Date: Jun/2018 8Start Date: Q3/2018 8Completion Date: Q4/2020 Click here for more details Equipment RFQs coming up 8 Project Name: Development Drilling 8Project Description: Promoter is planning the development drilling of 40 wells in an oil Block, covering a 300 sq Km area. The project is listed out as an expansion project for the already existing 20 wells development drilling project. Currently, the well fluid collection and testing facilities for the oil field are located at GGS and GPC, each with a processing capacity of 1.5 MMSCMD and 1.0 MMSCMD respectively. The rig package and pipeline contract are in the final stage of the award. RFQs for all well consumables and production equipment namely X-Mas tree, Tubing Head Spool, Hanger Flange / Tubing Hangers, Separators with all accessories, Steam Jacket, Ground X-Mas tree, Tubing Pipes for surface fittings and flare line etc are expected shortly. 8Project Event: RFQs for hiring the civil contractor for construction works are expected by May end 2018 instead of February 2018. RFQ for equipment is expected by June 2018 instead of March 2018. 8Expenditure Approval: Q4/2016 8RFQ Date: May/2018 8Release Date: Jun/2018 8Start Date: Oct/2018 8Completion Date: Q2/2021 Click here for more details Rig Mobilization services RFQs coming up. 8Project Name: Maintenance Dredging & Spoil Disposal Project 8Project Cost: Rs 150 crore. 8Project Description: The promoter is planning the Maintenance Dredging and Spoil Disposal for wellhead platform. The proposed project involves the dredging of 3 Million Cubic Meter in specific locations and disposal of dredged spoil in the offshore areas of deeper contour. An EIA Consultant has already been hired for the project. Further RFQs are expected shortly. 8Project Event: RFQs for hiring an EPC Contractor is expected by May 2018. RFQs for Rig Mobilization services (Rig-down, Relocation & Rig-up) is expected by July 2018. 8Expenditure Approval: Q2/2017 8RFQ Date: Q2/2018 8Release Date: Q2/2018 8Start Date: July/2019 8Completion Date: Dec/2022 Click here for more detailsDetails
8A state based renewable sector company is planning to establish a solar park of capacity 250MW under MNRE scheme. 8Land acquisition has not been done for installation of solar panels. 8Preparation of DPR is underway. 8Request for Selection (RfS) bids is to be take place. 8The owner shall come out with technical bid and financial bid after RfS bid. Our dedicated team of analysts is continuously following up on updates of solar power projects in India. Click on details for more information on this opportunityDetails
8Project Name: Greenfield Hydroelectric Power Project 8Project Cost: 1000 crores 8Project Description: The owner's 191 MW ( 3x50.33 MW and 2x20 MW) greenfield hydroelectric power station is getting hampered on account of delay in land acquisition. Forest Clearance for diversion of forest land is also pending. DPR has been prepared and concurred by CEA. A German development financial institution has not sanctioned the loan to the company. EC is expected to be elicited in Q3 2018. The owner will come out with package wise bids soon. 8Project Event: RFQs for civil works are expected by Q2 2018, instead of March 2018. 8Expenditure Approval: 2014 8RFQ Date: Q2:2018 8Release Date: Q3:2018 8Start Date: Q3:2019 8Completion Date: Q4:2023 Click here for more information 8Project Name: Thermal Power Plant - Long Term Maintenance Contract 8Project Cost: 3 crores 8Project Description: The developer is going on with construction activities for a 2400 MW (3x800 MW) super-critical thermal power complex. Two of the units of 800 MW each are already been commissioned. The third unit of 800 MW is expected to get commissioned by September 2018. Bids for Long term contract for electrical and C&I have been out. The owner will come out with RFQs for long term maintenance contract of water treatment plant, chimney, fire protection system for a period of three years soon. 8Project Event: RFQs for Long term contract for water treatment plant, chimney, Fire protection system are expected by May 2018. 8Expenditure Approval: Q3:2016 8RFQ Date: May/2018 8Release Date: Jun/2018 8Start Date: Nov/2018 8Completion Date: Nov/2021 Click here for more information Contact Update : Contacts are an important tool in the hands of a business development manager. We put in great efforts to get you validated telephone numbers of departmental heads within the power industry. 8A group general manager of project of a major NTPC's plant has been promoted to the post of Executive Director. Click on details for more informationDetails
What is the status of the offshore and marine (O&M) sector going into 2018. 8"Neutral" seems to be the verdict of most observers. Here are the positives and negatives: Positives 8They are expecting return of non-drilling orders as a key catalyst for recovery - in particular floating production storage and offloading (FPSO) vessels and FLNG terminals - bode well for the sector. 8Consolidation may be looming on the horizon for large-cap yard operators and small- to mid-cap offshore support vessel players Negatives 8Margin erosions will continue to squeeze O&M operators that are laden with overcapacity. 8Competition for turnkey contracts linked to production facilities has been cut-throat. 8Upstream Companies contract awards not expected to return to pre-2014 levels even by 2020. Bad news for rigs and vessels 8Charter rates for rigs and vessels - two sub-sectors dragged down by big supply gluts - could further decline in 2018. 8Low day rates for offshore support vessels (OSV) may be here for two to three more years. Click on Reports for more
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The gas lobby in India is working furiously with the powers-that-be for wide reforms to push its agenda Among the proposals are: 8Develop more LNG based urea plants so that imports come down to zero 8Operate gas based power plants at 40-45% PLF 8Target 90,000 MW DG based captive capacity to convert to LNG. 8Replace diesel and kerosene for lighting by gas or LNG 8Replace LPG by PNG in urban areas as natural gas has to compete with subsidized LPG 8Share of gas in transportation can go up if viability gap funding is provided for gas infrastructure. 8An nter-ministerial panel be set up on import substitution by LNG and gas Comment:These proposals are not going to be all that easy to push through as they tread on too many toes. But some elements of these recommendations, including zero imports of urea, have already been set in motion. Click on Report for more.Details
The clean energy narrative continues to change contours every now and then. 8Till sometime ago, a diversification away from dirty fuels to clearer energy was stated to be an imperative for the oil & gas industry but on account of rising demand for fossil fuels, higher oil prices and the ascent of President Trump, the green drive has been put on the backburner. 8Eventually however, for oil & gas companies, given the compulsions of global warming and the determined effort towards decarbonization, there must always be a lookout for greener assets. 8In this context, the website had argued earlier that for large Indian oil & gas companies, exploring the possibility of setting up offshore wind projects seems like a good entry point for some of them. Some of our companies such as RIL and ONGC operate in and around potential sites for offshore wind power assets. The deployment challenges are also similar for oil & gas as well as offshore wind assets. 8The investment size is large and so is the green windfall. 8The website carries here a complete pre-feasibility report for the second offshore wind farm that is being planned to be set up in India. 8But the report claims that there are many uncertainties still in building such wind farms in India. 8Estimating the levelised cost of energy (LCOE) of an offshore wind farm as well as related economic metrics such as net present value (NPV) or internal rate of return (IRR) can be a challenge due to the range of technical and economic factors in play and their associated uncertainties. 8The conclusion however is that these are early days for offshore wind projects in India and most of the uncertainties are likely to sort out eventually. Click on Reports for moreDetails
8New security measures are being implemented to prevent the theft of petrol and diesel for product pipelines. Find out more click on Report. 8HPCL, BPCL and IOCL are engaged in 4613, 3785 and 8999 legal cases respectively in various courts across the country. A break-up of these cases in different categories are given here. Click on Report for more. 8Get details here of Andhra Pradesh Gas Distribution Corporation Ltd's (APGDC) plans to set up an FSRU based LNG terminal in Kakinada. Click on Report for more. 8Government of Andhra Pradesh (GoAP), GAIL India Limited (GAIL) and HPCL signed a MoU for a Rs 32,901 petrochemical project in Vishakhapatnam. But the project seems to able to stand on its feet. Find out more click on Report. 8What are the effective rates of taxes in every state for petrol and diesel? Find out more click on Report. 8If you are a landlord trying to vacate a petroleum retail outlet, the odds are against you. Find out more click on Report. 8Niti Ayog is pushing for methanol as a blend with petrol but is it a viable idea given one big disadvantage that methanol has over gasoline? Click on Report for more. 8Ethanol procurement has seen wild gyrations over the years. Know more Click on Report. 8Crude oil imports from USA started in April, 2017 and till January, 2018, 1809 TMT of crude was brought in. Click on Report for more. 8Find details here of country-wise LPG imports into India over the last two years. Only small volumes were brought in from the US. Click on Report for more. 8Know more about the routine inspection procedures for retail outlets in India. Click on Report for more. 8A global gas conference is taking place in Turkmenistan, which has one of the world's largest reserves of oil. Click on Report for more. 8Role of biomass gasification in petrochemical industry: A mini review. Click on Report for more. 8The website carries here an estimated petroleum products consumption for the year 2018-19. Click on Report for more. 8Find out more on Small Scale Ammonia Synthesis Using Stranded Wind Energy. Click on Report for more. 8For all the men and officers who died in the recent ONGC helicopter crash, nothing beyond what is statutory has been extended to their families.
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How does natural gas or LNG compete with liquid fuels in terms of price competitiveness? 8A set of calculations seems to show that up to 23 MMTPA of liquid fuels can be replaced, including diesel and petrol 8The substitution can happen at a curve of 13% to the price of crude. 8The potential economic gain has estimated at a $3.7 billion 8Working backwards, what kind of price parity is possible to work out? 8For a better analysis liquid fuel prices are converted to $/mmbtu and it is seen that LNG is significantly cheaper to its liquid fuel equivalents such as LPG, diesel, FO and oil Click on Reports for more
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Is there a hint in the petroleum ministry's observations that while private sector fields such as Panna-Mukta and KG D-6 have shown a gradual erosion of production, public sector fields have stood up well to natural decline by employing well though out EOR and IOR programmes? 8The move to hive off ONGC and OIL's declining fields to the private sector through some kind of a service contract or JV format had been doing the rounds 8But is the government having second thoughts? Click on Reports for more
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8Project Name: Pipeline Expansion Project 8Project Cost: Rs 8086 Crore 8Project Description: An owner along with EPMC contractor is carrying out construction activities for the expansion of the Gas Pipeline. The pipeline has an initial capacity of 54.86 MMSCMD but is to be revamped up to 78.25 MMSCMD. The project involves the construction of a 2,042km gas pipeline that will be done in two phases phase- I include the construction of 1,650km of trunk line and phase- II 350km of spur lines. RFQ for the gas compressor, SCADA and Telecom services is already out. 8Project Event: RFQ for the contractor for the dispatch and receiving terminals and intermediate pigging stations is to be expected in June 2018. 8Expenditure Approval: Q2:2015 8RFQ Date: Jun/2018 8Release Date: Aug/2018 8Start Date: Q2:2017 8Completion Date: Q2:2019 Click here for more details. 8Project Name: Greenfield 2G Ethanol Bio-Refinery 8Project Cost: Rs 800 Crore 8Project Description: An owner along with PMC contractor and licensor is planning to construct an ethanol plant based on the DBT-ICT 2G Ethanol technology developed indigenously to produce 100 KL fuel-grade ethanol per day, primarily from biomass and will use approximately 400 MTPD of biomass per year. RFQ for the LSTK contractor is already out and selection process is going on. 8Project Event: RFQ for biomass is expected by June 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: Jun/2018 8Release Date: Jul/2018 8Start Date: Q2:2018 8Completion Date: Q1:2021 Click here for more details. 8Project Name: Greenfield Ethylene Recovery Unit Project 8Project Cost: Rs 3800 Crore 8Project Description: An owner along with EPCM contractor and licensor is carrying out engineering activities to construct an Ethylene Recovery Unit with a capacity of 180 KTPA and Mono Ethylene Glycol Unit with a capacity of 332 KTPA at its refinery. RFQ for the equipment is already out. 8Project Event: RFQ for the piping and equipment erection work is expected in June 2018. 8Expenditure Approval: Q4:2016 8RFQ Date: Jun/2018 8Release Date: Jul/2018 8Start Date: Q3:2017 8Completion Date: Q3:2020 Click here for more details. 8Project Name: Greenfield LPG Bottling plant project 8Project Cost: Rs 161 Crore 8Project Description: An owner along with PMC contractor is planning to install an LPG Bottling Plant with a capacity of 120000 MTPA by installing 3 X 600 MT mounded storage vessels. RFQ for the equipment is already out. 8Project Event: RFQ for structural and civil work is expected by July 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Jul/2018 8Release Date: Aug/2018 8Start Date: Q1:2018 8Completion Date: Q1:2020 Click here for more details.Details
For reference purposes the website carries here the following tenders: 8Supply of flanges for GTU Project at refinery Details 8Visit of Service Engineer for root cause analysis of rotary equipments as well as piping and structures by using Operating Deflection Shape Details 8Supply of Hydrochloric acid at refinery Details 8Internal shifting of raw petroleum coke from drop out area of Coker A-B and from other areas within refinery Details 8Supply of Tube Bundle for heat exchanger at refinery Details 8Lining up Rate Contract for two years for supply of Anti-oxidant for ATF Details 8Transportation of Bulk POL products MS HSD and Branded fuels by road Details 8Hiring of mechanical workshop services for refurbishment of machinery components of engine, pump and auxiliary equipments under Mechanical Maintenance baseDetails 8Procurement of Ball valves for Natural Gas ServiceDetails 8Hiring of services for covering of exposure of trunk gas pipeline and other pipelinesDetails 8Procurement of Safety Allied items for base stations of Maharashtra region pipeline systemsDetails 8Hiring of Contract for carrying out for Non Destructive Testing followed by removal of Coating, Re-coating and Back Filling for Non-Piggable Underground PipelinesDetails 8Procurement of Fixed Online Gas/ Flame DetectorsDetails 8Procurement of 1260 KG Calcium Stearate F&T for PP unitDetails 8Corrigendum: Insurance Coverage for FY 2018-19Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8High dividend yields could make these stocks attractiveDetails 8Swiss Prosecutor opens Criminal Probe into Geneva Oil TradersDetails 8Are oil & gas stocks up for another re-rating?Details 8US import curb: India needs to consolidate indigenous marketDetails 8Venezuela wants to trade with India using Indian currencyDetails 8Strike delays loading activity at Libya's Zawiya oil port -sourcesDetails 8Sinochem Group plans $2 billion Hong Kong IPO of oil assets: IFRDetails 8China's gas consumption to grow 10 pct in 2018 - BMI ResearchDetails 8Spain's Repsol opens first Mexico gas stations under reformDetails 8U.S. shale output seen hitting record 6.95 million bpd in April-EIADetails 8PM launches schemes for poor; urges people to use solar power for cookingDetails 8SK Energy International's global head of crude oil trading quits -sourcesDetails 8Australia's Woodside says has green light to up gas field stakeDetails 8IIP expands at 7.5% for Jan, CPI softens to 4.4% for FebruaryDetails 8Oil PSUs ask Andhra govt for funds to set up Kakinada projectDetails 8Iraq says plans to reduce oil products imports by 25 percentDetails 8Dharmendra Pradhan to inaugurate Delhi Energy Dialogue 2018 Details 8PM Modi thanks Varanasi for supporting development projectsDetails 8Eni strikes $1.8 billion in oil and gas deals with Abu DhabiDetails 8GAIL India unlikely to meet even 50% of PNG addition target for FY18Details 8India’s first Hydrogen Fuel Cell-powered bus flagged off by IOCDetails 8India starts biggest Gas Distribution Auction to make cities cleanerDetails 8Gas delivery workers stage protestDetails 8It's Centre vs state over LPG scheme in Congress-ruled Karnataka Details 8Diesel price in India today cut by 2 paisa to Rs 62.87 per litreDetails 82 key reasons why Shankar Sharma sees small cap stocks outperforming Sensex, NiftyDetails 8Sangam seeks change in GAIL pipeline routeDetails 8Indian government to use electric vehicles in Delhi-NCRDetails 8ANALYSIS-Tesla's electric motor shift to spur demand for rare earth neodymiumDetails You can also click on Newsclips for moreDetails
Our ground up project monitoring tool is scooping out a lot of data on increased E&P activity across India. While the bulk of the thrust is coming from the national oil companies, there is a lot of private sector uptick. Here are some leads for the day EIA and oilfield services coming up 8 Project Name: Drilling Site Development. 8Project Cost: Rs 200 Crore. 8Project Description: Promoter is planning development of an onshore field. The project involves workover of 3 existing wells, and drilling of five development wells in the block. Moreover, the project will involve the laying of pipelines to connect the oil field with the nearest production facility. Currently, the project is in pre-clearance phase. The FDP for the project is under preparation which is expected to be completed by next month. The TOR for the project has been approved. However, a small delay is expected in RFQs on account of a few resignations. Further RFQs for the project are expected shortly. 8Project Event: RFQs for hiring consultant for EIA services are expected by May instead of March 2018. RFQs for hiring services for Rigs and other oilfield services are expected by July instead of March 2018. 8Expenditure Approval: Q2/2017 8RFQ Date: May/2018 8Release Date: Jun/2018 8Start Date: Q3/2018 8Completion Date: Q4/2020 Click here for more details Equipment RFQs coming up 8 Project Name: Development Drilling 8Project Description: Promoter is planning the development drilling of 40 wells in an oil Block, covering a 300 sq Km area. The project is listed out as an expansion project for the already existing 20 wells development drilling project. Currently, the well fluid collection and testing facilities for the oil field are located at GGS and GPC, each with a processing capacity of 1.5 MMSCMD and 1.0 MMSCMD respectively. The rig package and pipeline contract are in the final stage of the award. RFQs for all well consumables and production equipment namely X-Mas tree, Tubing Head Spool, Hanger Flange / Tubing Hangers, Separators with all accessories, Steam Jacket, Ground X-Mas tree, Tubing Pipes for surface fittings and flare line etc are expected shortly. 8Project Event: RFQs for hiring the civil contractor for construction works are expected by May end 2018 instead of February 2018. RFQ for equipment is expected by June 2018 instead of March 2018. 8Expenditure Approval: Q4/2016 8RFQ Date: May/2018 8Release Date: Jun/2018 8Start Date: Oct/2018 8Completion Date: Q2/2021 Click here for more details Rig Mobilization services RFQs coming up. 8Project Name: Maintenance Dredging & Spoil Disposal Project 8Project Cost: Rs 150 crore. 8Project Description: The promoter is planning the Maintenance Dredging and Spoil Disposal for wellhead platform. The proposed project involves the Dredging of 2 Million Cubic Meter in specific locations and disposal of dredged spoil in the offshore areas of deeper contour. An EIA Consultant has already been hired for the project. Further RFQs are expected shortly. 8Project Event: RFQs for hiring an EPC Contractor is expected by May 2018. RFQs for Rig Mobilization services (Rig-down, Relocation & Rig-up) is expected by July 2018. 8Expenditure Approval: Q2/2017 8RFQ Date: Q2/2018 8Release Date: Q2/2018 8Start Date: July/2019 8Completion Date: Dec/2022 Click here for more detailsDetails
GAIL and is JVs and subsidiaries have fallen woefully short of achieving its targets for new PNG connections and and CNG stations 8As of now, less than 50% of the target set for 2017-18 has been achieved 8Capex achieved is also well short of what was targeted. 8Why is there such a wide gap between promise vs. performance Click on Reports for more
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The government has not taken a decision yet on the sale of GAIL 8Both BPCL and IOC have put shown their interest to take over GAIL 8But the government is still undecided on either of the two 8Will GAIL be split up into its marketing and transmission divisions before being sold off? 8That too is a million dollar question Click on Reports for more
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The global LPG market has become increasingly complex 8Petrochemical demand is increasing and LPG is in competition with lighter feeds 8There was earlier increased LPG utilisation in steam cracking as there is a price advantage over naphtha 8But LPG prices firmed in the East to 97% of naphtha for propane and 100% of naphtha for butane. So despite steam cracking margins remaining high, the advantage for using LPG declined 8Sea borne trade is showing a distinct change of flows, with West to East volumes continuing to grow in what is a difficult arbitrage environment. 8US exports are gradually heading east displacing Middle Eastern volumes. US exports will account for 33% of total seaborne supply by 2020 and over 38% by 2025 8China is leading the way for LPG but demand is slowing down. 8The focus continues to be in India but for retail demand Click on Reports for more
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The IEA also reveals interesting insights into where the surplus HSFO might go, which of course has implications for trade flows. 8They estimate that spare capacity in the power generation sector could absorb nearly 0.5 million b/d of HSFO demand, predominantly to destinations in the Middle East and Africa which would support longer voyages. 8Furthermore, by considering HSFO and VLSFO as dirty products, the total market share lost to MGO is just under 1 million b/d, which is likely to be reduced to 0.5 million b/d when new sources of demand, (i.e. power generation) are considered. 8Over time refinery upgrades will gradually come online, suggesting more VLSFO will be produced at the expense of HSFO. 8Assuming compatibility issues are overcome by this stage, higher availability of VLSFO should support a demand shift from MGO to VLSFO. In time this would see the volume of dirty bunker fuel cargoes being transported on tankers move close to pre-2020 levels. 8Further, if refiners are to invest in upgrading capacity, and if sufficient volumes of VLSFO will eventually be produced, what are the longer-term benefits of the scrubbers? 8Will the spread between VLSFO and HSFO be enough to make the investment viable in the longer term? 8Undoubtedly, the short repayment horizon would appear to make scrubbers effective for those who install them ready for 2020. But, as time progresses post-2020, the spread between MGO and HSFO is likely to narrow, whilst refinery upgrades could see HSFO supply tighten. Click on Report for more.
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This week the IEA released its influential ‘Oil 2018’ report, which analyses oil market developments to 2023. This is the first edition of the report to be released since the IMO committed to the 1st of January 2020 implementation date for full introduction of very low sulphur fuel oil (VLSFO) for the shipping industry. The IEA has thus been forced to offer their view of how the market will evolve. 8Come 2020, the agency expects a near 1 million b/d swing from high sulphur fuel oil (HSFO) to marine gasoil (MGO). Interestingly, the IEA has assumed a large uptake in a new 0.5% fuel oil blend, named VLSFO, which they estimate will take nearly another 1 million b/d of demand away from HSFO. 8The result is of course, a near 2 million b/d decline in HSFO demand. 8For tankers in the fuel oil trade this may of course seem alarming to see such large volumes of fuel oil demand stripped from the market. 8Yet, VLSFO will be carried on dirty tankers, reducing the demand shift to clean from dirty products to 1 million b/d. 8Furthermore, the IEA estimate that from 2020 to 2023, VLSFO will claw back market share from MGO, with eventual VLSFO demand of approximately 2 million b/d, complimented by 1 million b/d of ‘scrubbed’ (or non-compliant?) HSFO demand. 8In effect, this returns the clean/dirty bunker demand split to where it was prior to 2020, but with VLSFO having taken share from HSFO. Click on Reports for more
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The prefeasibility report for a wind farm carried here by the website throws up a lot of interesting data that oil & gas companies may find interesting to look at. 8What kind of turbines will be best suited for offshore Indian wind, given possibilities of extreme weather conditions. A long list of suitable turbine designs are enclosed. Cost studies are included. 8How to chose sites and what goes into the selection process? What kind of modeling and software to use? 8Geotechnical studies and what they throw up 8Wind farm layout and design, as well as turbine arrays along with energy production estimates 8Onshore substation design and costing 8Preliminary foundation cost estimates 8Monopole support structures and costing 8Opex estimates. 8Capex cost and comparisons 8Project risk and mitigation Click on Reports for moreDetails
Ammonia-Urea Energy Saving Project 8Cost - Rs 347 Crore 8Project Event: EOI has already been released for an LSTK contractor in November 2017, the techno-commercial discussion is going on with bidders and price bid has not beent opened yet, finalization is due in May 2018. Click here for more information Sulphuric Acid and Captive Power Unit Expansion Project 8Cost - Rs 300 Crore 8Project Event: RFQ for EPC contractor is likely to be released in June 2018. Click here for more information Single Super Phosphate Greenfield Project 8Cost - Rs 10 Crore 8Project Event: RFQ for a contractor is likely to be released in April in place of March 2018 Click here for more informationDetails
8Project Name: Super Critical Thermal Power Greenfield Project 8Project Cost: 8000 crores 8Project Description: The owner's 1320 MW (2x660 MW) greenfield super-critical thermal power plant is on hold due to delay in getting coal linkage. Currently, the owner is in talks with SECL for coal linkage. EIA report has been revised for the greenfield project. The owner will come out with EPC contract soon. 8Project Event: RFQ for an EPC contract is expected by Q3 2018, instead of March 2018. 8Expenditure Approval: Feb/2018 8RFQ Date: Q3:2018 8Release Date: Q4:2018 8Start Date: Q3:2019 8Completion Date: Q1:2024 Click here for more information 8Project Name: Thermal Power Station - Dismantling 8Project Cost: 200 crores 8Project Description: The owner's dismantling work in the 135 MW (2x67.5 MW) coal based thermal power plant is getting hampered on account of delay in approval from the Government of NCT, Delhi. A consultant has been hired for carrying out survey activities. Further RFQs for dismantling services are expected soon. 8Project Event: RFQ for dismantling services of various equipment is expected by Q2 2018, instead of March 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: Q2:2018 8Release Date: Q3:2018 8Start Date: Q1:2019 8Completion Date: Q2:2021 Click here for more information Contact Update : Contacts are an important tool in the hands of a business development manager. We put in great efforts to get you validated telephone numbers of departmental heads within the power industry. 8A general manager of project of a major NTPC's joint venture plant has moved to the major thermal power station. Click on details for more informationDetails
Find out more about how the big battle between hydrogen and electric cars are being fought between Elon Musk (Tesla) on one hand and Takahiro Hachigo of Honda and Akio Toyoda of Toyota on the other. 8The big advantage for hydrogen cars is that can be refuelled within 5 minutes. At best, the electric cars require 9 times longer charging time from an almost empty to a full battery. A Tesla Supercharger gives about 10 km per minute. 8The surprising but unnoticed fact is that hydrogen cars already have longer range, faster refuelling (5 minutes) and lower price than the most high performance electric vehicles. 8Next year's hydrogen-powered cars are announced to get a longer range and lower price than today's 8Hydrogen refueling needs huge investments but technological advancements are making this easier than before. Mass production of electrolytic hydrogen packs in container modules is likely to bring down the cost of setting up dispensing station significantly. 8A 800 km hydrogen powered train is already working in Europe. These trains can change the entire electric auto dynamics in the rail industry. It is possible that eventually, if these trains gain momentum, India's great rail electrification infrastrucutre -- more of which is being built now -- will become redundant. 8The low weight associated with a relatively high tolerance for the hydrogen tank volume, reduced noise and reduced contaminants in water and air should make hydrogen and fuel cell-powered boats an interesting option. 8Hydrogen fuel cells provide approximately 3 times more energy/kg than batteries and it is more realistic to operate an aircraft with hydrogen and fuel cells than with battery. Hypersonic jet planes can be powered by hydrogen. 8Other kinds of interesting options are coming up. For wind power, diurnal variation is buffered with batteries, a couple of days variation with pumped hydropower and several weeks with electrolytic hydrogen. Pilot projects are being launch with furious rapidity around the world to store spare electricity in hydrogen and to convert electricity into chemicals and petrochemicals. Click on Reports for more
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8Canada is looking at a floor carbon price of CAN $10 per tonne of carbon dioxide equivalent in 2018, increasing to CAN $50 per tonne by 2022, or an equivalently scaled emissions trading system. Click on Report for more. 8A US report says that relations between India and China will remain tense going ahead and possibly to deteriorate further, despite the negotiated settlement to their three-month border standoff in August, elevating the risk of unintentional escalation. Click on Report for more. 8Saudi Arabia has given a FEED award for the world's largest crude to chemical plant. Click on Report for more. 8Find out how steel tariffs imposed by the US is going to impact the world, including Indian steel companies, which, in turn, are protected by tariffs and non tariff barriers within the country. Click on Report for more. 8The current projection is that the total global investment in the development of new offshore deepwater projects is projected to be limited through 2027. Click on Report for more. 8Canada's stringent environmental rules has meant that it is losing the battle to ferry its abundant hydrocarbon reserves to the rest of the world. The US seems to have had its lunch. Click on Report for more. 8VLCC market volumes are far from sufficient to change the oversupply of tonnage in all major routes. The market looks grim at the moment. Click on Report for more. 8Indian Indian inquiries in the VLGC market led to two sub-fixtures last week. Click on Report for more.
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Technology is moving really rapidly and it is always a challenge for companies today to figure out where the future is going to be. 8The website carries here a scan of nearly 350 cutting edge research documents (they are included in this report) that predicts that hydrogen technology is slowly by inexorably gaining an advantage over battery technology in the entire mobility segment, from two wheelers, cars, trucks & buses, trains, drones and aircrafts. 8Hydrogen powered systems are emerging in other segments too, including as long lasting laptop and phone chargers. 8Small hydrogen canisters can provide a 100 km rides for two wheelers. 8The market is evolving very quickly and it seems that lower range cars will be dominated by battery technology whereas long range trucks and vehicles will be powered by hydrogen. 8Cost of hydrogen manufacturing and storage is coming down, particularly when tied up with off-peak renewable energy rates. 8Hydrogen is now becoming cost competitive as more and more companies across the world begin investing in this technology 8Indian companies with an eye on the future need to keep a close track on these developments. The future is here and it is uncertain. Click on ReportsDetails
The Gulf countries have access to cheap oil & gas and yet they seem to be developing a rising appetite for renewable power generation 8What are the dynamics behind this push 8What are the compulsions driving Gulf states increasingly towards renewable energy 8Is it possible that large-scale solar PV in the Middle East will remain competitive even with subsidized conventional power generation? 8The dynamics make for interesting reading. 8A country-wise assessment is carried here of what seems to be an unattainable appetite for solar power Click on Reports for more
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Find out more on how a big $8 million battery car experiment failed in India 8The failure has raised many questions on India's capacity to take in the coming EV revolution 8The fact that the Indian government is playing down the need for an EV policy has also rankled optimists. 8Find out more on what is going on on this front Click on ReportsDetails
Bangladesh seems to have hit the LNG terminal button faster than India seems to be doing. 8Negotiations are on for a 7.5 MMTPA terminal and contracts are to be given out by June, according to sources. The terminal can get operational by next year 8US-based Excelerate Energy is developing 3.75 million-tonne annual capacity offshore LNG terminal under an agreement signed on July 18, 2016. Excelerate will get around US$0.59 per unit (1,000 cubic feet) of natural gas as service charge and costs for tag boat operation, port facility, etc. 8Indian company Petronet also secured a deal to build another LNG import terminal at Kutubdia island having a capacity to handle around 1,000 mmcfd gas. 8Anil Ambai's Reliance too builds a LNG terminal at Kutubdia island while local energy giant Summit will also construct a FSRU LNG Terminal at Moheshkhali island with a capacity to handle around 500 mmcfd of gas. Click on Reports for more
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IOC is one Indian company which is trying to break in. 8Find out the size of the market and the kind of public-private initiatives Myanmar is taking 8Is there scope for other Indian companies to get in? Click on Reports for more
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A massive opportunity exists in Africa as well for LPG infrastructure development 8The key opportunities are in the fact that potential demand is estimated at 50-60% of households looking to cook with LPG, right now. 8The average penetration rate is about 15% as of now 8There is therefore a huge need for cylinders and distribution networks Click on Reports for more
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We are the only website providing detailed fertilizer project information of this kind in the country. Over a hundred parameters are captured while giving out project data. We have over 15 years of experience in the fertilizer sector. All fertilizer companies are out subscibers and so are equipment and service providers. Coal-based Ammonia-Urea & Captive Power Plant Greenfield Project 8Cost - Rs 6500 Crore 8Project Event: The proposal for an environmental clearance is likely to be submitted in May 2018, RFQ for LSTK contractor is likely to be released in August 2018. Click here for more information NPK Fertilizer Greenfield Project 8Cost - Rs 1517 Crore 8Project Event: RFQ for EPC contractor was floated in February 2017 and price bids have been opened, Finalization is due only in May 2018 due to delay in the discussions. the tender for equipment is likely to be released in June 2018. Click here for more informationDetails
Four specific leads are carried here for business development managers of unpublished RFQs. Be prepared for them by the time tenders are published Project Name: Oilfield Development 8Project Cost: Rs 250 Crore. 8Project Description: The operator is planning the development of a NELP block. The project involves development drilling of 11 wells (6 exploratory and 5 development wells), installation of an EPS and laying of 4 or 6 inch pipeline from oilfield to the nearest Early Production System (EPS). The owner has hired a consultant for PFR report preparation. Currently, the product is in pre-clerance phase. The Early Production System is expected to be completed on EPC basis at an overall cost of Rs 5.8 Crores. Further RFQs are expected shortly. 8Project Event: RFPs for various equipment and Early Production System are expected by May 2018. 8Expenditure Approval: Q4/2017 8RFQ Date: May/2018 8Release Date: Jun/2018 8Start Date: Oct/2018 8Completion Date: Oct/2020 Click here for more details 8Project Name: GCS, Treatment Facility and Development Drilling 8Project Cost: Rs 800 crore. 8Project Description: Owner is planning development drilling of 30 wellst. The project also involves the construction of a GCS and the laying of a pipeline. Currently, the wildlife clearance for the project is awaited; as 2 wells and a stretch of the pipeline are located in the vicinity of a wildlife sanctuary. Some contracts have been awarded but further equipment requirement will be Xmas Trees, Manifolds, DG Sets, Compressor, HSD. Further RFQs are expected shortly. 8Project Event: RFQs for the Mechanical Equipment are expected by April instead of March 2018. 8Expenditure Approval: Q2/2015 8RFQ Date: Apr/2018 8Release Date: May/2018 8Start Date: Jun/2018 8Completion Date: Jul/2021 Click here for more details 8Project Name: Oil Field Development 8Project Cost: Rs 1150 crore. 8Project Description: The Promoter is planning the development drilling of 30 wells & conversion of 39 exploratory wells and laying of associated flowlines. The project also involves Construction of 3 pipe manifold and a Gas Grid Network. An EIA consultant has already been hired for the project. Further RFQs are expected shortly. 8Project Event: RFQs for hiring of Oil field services is expected by Q2/2018. 8Expenditure Approval: Q2/2017 8RFQ Date: Q2/2018 8Release Date: Q2/2018 8Start Date: June/2019 8Completion Date: Dec/2021 Click here for more detailsDetails
Project management consultancy package for the prestigious multi-billion dollar KG-DWN-98/2 project is expected to be awarded soon within 2 to 3 months. 8As per the sources several foriegn as well as domestic players have expressed intrest for the job. Click on Details for more
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8Project Name: Refinery Greenfield Project 8Project Cost: Rs 43129 Crore 8Project Description: An owner is planning to install a 9 MMTPA grass-root refinery cum petrochemical complex. Engineers India Limited was appointed as consultant for preparing the DFR. Licensor selection will be done unit wise. RFQ for the Licensor selection is already out. 8Project Event: RFQ for the route survey of the crude oil pipeline is expected by April 2018. RFQ for PMC contractor is expected by October 2018. RFQ for the LSTK contractor is expected by Q1 2019. 8Expenditure Approval: Q4:2016 8RFQ Date: Apr/2018 8Release Date: May/2018 8Start Date: Q1:2019 8Completion Date: Q4:2023 Click here for more details. 8Project Name: Greenfield 2G Bio-Refinery 8Project Cost: Rs 600 Crore 8Project Description: An owner along with PMC contractor and licensor (not the one which has so far grabbed most of the projects) is planning to construct an ethanol plant based on the DBT-ICT 2G Ethanol technology developed indigenously to produce 100KL fuel-grade ethanol per day, primarily from biomass, and it will use approximately 450 tons of biomass per day. A slight delay is expected in the requirement of equipment due to delay in the selection of LSTK contractor for which tenders are already out. Now environmental clearance is expected by June 2018. 8Project Event: RFQ for long lead items is expected by May 2018 instead of March 2018. 8Expenditure Approval: Q1:2017 8RFQ Date: May/2018 8Release Date: Jul/2018 8Start Date: Q2:2018 8Completion Date: Q1:2021 Click here for more details. 8Project Name: Greenfield POL Terminal Project 8Project Cost: Rs 322 Crore 8Project Description: An owner is planning to augment the existing Terminal for storage & dispatch of petroleum products and Rail loading gantry with automation. The Construction of total storage capacity of 2,13,316 KL will be done in two phases that are Phase I - 1,60,416 KL & Phase II - 52,900 KL. Phase-I is to be commissioned shortly. A private company is hired for the automation. 8Project Event: RFQ for a PMC contractor is expected by August 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Q4:2018 8Completion Date: Q4:2020 Click here for more details.Details
For reference purposes the website carries here the following tenders: 8Transportation of coated steel pipes Details 8Servicing, Calibration and Testing of Pressure/ Vaccum Relief Valves at refinery Details 8Supply of Gas Detectors in refinery Details 8Maintenance, Inspection and Up-keeping of cross-country pipeline-Pipeline Right of Way, SV Stations and Cathodic Protection system Details 8Carrying out Remaining Life Assessment of Boiler at refinery Details 8Procurement of Mechanical Seal Spares Details 8Two years AMC for PH and Conductivity analysers Details 8Rate Contract for Support Services for Maintenance of Rotary Equipments at refineryDetails 8Sale of Light Crude Oil from Dandewala Gas Processing StationDetails 8Removal, Cleaning and Installation of new fills and shifting of old fills of cooling towerDetails 8Supply and providing Hot Insulation for Oil Storage tanksDetails 8Supply, installation and commissioning of SRP Unit for oil projectDetails 8Annual Rate Contract for Steel Renewal on rigs for a period of three yearsDetails 8Hiring of Services for HF/ Acid/ CTU/ N2 jobs in exploratory wells of Western Offshore BasinDetails 8Consultancy Jobs for new LPG PlantDetails 8Hiring of services for Environment Impact assessment study and obtaining Environment Clearance for Developmental activities in Operatorship block CB-ONN-2010/8Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Macron takes a dig at Trump, hails India's efforts for making ISA a realityDetails 8Now 80 per cent of India has LPG connectionDetails 8India's fuel demand increases 7.7% y-o-y in FebruaryDetails 8Oil Drillers shrink U.S. Rig fleet for first time since januaryDetails 8Solar-powered unit turns plastic waste into fuel oilDetails 8Telangana government to collect VAT arrearsDetails 8Italy's Eni wins two Abu Dhabi oil concessions for $875 MillionDetails 8OMCs mull eco-friendly lube recyclingDetails 8UAE's ADNOC says awards Italy's Eni stakes in new oil concessionsDetails 8Eni sells 10 pct of Egypt's Shorouk concession to Mubadala PetroleumDetails 8India’s economic priorities match well with Honeywell’s strategies: Darius Adamczyk, CEO, HoneywellDetails 8Ind-Ra: Higher LNG prices to impact urea production beyond reassessed capacity Details 8Gas-based power plants: Future of Rs 60000 cr gas projects in jeopardyDetails 8Pawan Hans crash: ONGC to bar key executives from flying together in choppersDetails 8EIB signs EUR 150 million loan with IREDA to finance clean energy projects in IndiaDetails 8Govt planning for 70 lakh electric vehicles on roads by 2020: Venkaiah NaiduDetails 8India, France sign pact to deepen cooperation in environment fieldDetails 8LG Chem CEO expects stable global petrochemical market in 2018Details 8Thousands march to protest Canada pipeline expansion project Details 8EESL expects more companies to bid for 2nd electric cars contractDetails 8ONGC to sell OPaL stake to fund HPCL buyDetails 8Praj in advanced stage of discussion to set up two 2nd Gen Ethanol plants in EUDetails 8NCLAT approves Ratnagiri Gas demerger schemeDetails 8Indian investors urged to explore biz opportunities in VenezuelaDetails 8Petrol prices today slightly higher; check out city-wise variationDetails 8Government departments, PSUs in NCR asked to switch to e-vehiclesDetails 8Not India, China, Ghana tipped to be the world's fastest growing economyDetails 8Oil prices rise on reduced US drilling activity, booming job marketDetails 8Saudi Aramco IPO could be delayed until 2019Details 8Learning with the Times: How tight oil changed global petroleum pecking orderDetails You can also click on Newsclips for moreDetails
8A public sector company is planning the expansion of 726.6 MW (2x363.3 MW) combined cycle gas power plant at its existing facility of 726.6 MW plant 8Both the existing unit-1 (363.3 MW) and unit-2 (363.3 MW) are under operation and generating 4172.70 MU. 8TOR has been accorded and an EIA consultant has been awarded. 8However, the project is currently on hold. Click on details for more informationDetails
8Project Name: Thermal Power : FGD Addition Project 8Project Cost: 700 crores 8Project Description: The owner is scheduled to install an FGD for a 1320 MW (2x660 MW) thermal power complex. The company is expected to float tenders for the same. At present, feasibility study has been submitted to the state government for appraisal. One of the two 660 MW has been commissioned while another is under construction and is expected to get commissioned by September 2018. The major requirements will be FGD, cranes, pipes, installation, gypsum disposal, wet lime, among others. 8Project Event: RFQs for supply of FGD are expected by Q3 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: Q3:2018 8Release Date: Q4:2018 8Start Date: Q2:2019 8Completion Date: Q1:2021 Click here for more information 8Project Name: Greenfield Hydroelectric Power Station 8Project Cost: 600 crores 8Project Description: The developer's 42 MW (3x14 MW) greenfield hydro power project is getting hampered due to delay in preparation of EIA report and delay in getting NOC from the state government authorities. Moreover, Asian Infrastructure Investment Bank (AIIB) has not alloted funds for the project. The power purchase agreement is also pending. The promoter has delayed the selection process for an EPC (turn-key) contractor. 8Project Event: RFQ for EPC (turnkey) contractor is expected to be out in Q3 2018, instead of March 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Q3:2018 8Release Date: Q4:2018 8Start Date: Q2:2019 8Completion Date: Q2:2023 Click here for more informationDetails
How will oil and gas companies attract and retain the next generation of talent? This seems to be a big question that no one is really addressing. 8The oil and and gas industry was in jeopardy of falling behind in the competition to attract talented younger employees. 8The concern is that the skills required for this new age of digital oil and gas differ immeasurably from what has long been the traditional skillset, and largely reside with a younger generation. Failing to elevate the skills of a workforce is the most common pitfall in unsuccessful transformations. 8To advance the skills needed in the oil and gas sector will require a combination of recruiting fresh talent from outside the industry – including data scientists, software engineers and other digitally savvy professionals – as well as recent graduates, plus updating skills for operational staff already within the industry. Disciplines include digital risk security, cloud architecture and infrastructure, control networks (SCADA), robotics and Progressive Web applications, among others. 8Petroplan, one of the world’s leading oil, gas and energy recruitment companies, produced their second Talent Insight Index in 2017. A key finding was that digital natives may not be looking at the oil and gas sector as a career choice, verifying earlier indicators within the industry. 8Find out more on what an oil & gas company needs to do to attract really good talent and how some companies have gone through this transition faster than others. Click on ReportsDetails
8D Surendranath of the UAE based Trans Asia Pipeline Services has built a world class pipeline and process services company. It operates in 14 countries including India. Find out how he made the grade. Click on Report for more. 8How sustainable are the trends towards shorter-term LNG agreements? And is hub-based pricing taking over oil-indexed deals? How do you build a water tight LNG deal that does not lead to renegotiations? What are the lessons from gas price disputes among LNG buyers and sellers? Japan has gotten out of the clutches of destination clauses, will India follow suit? Click on Reports to find answers to these questions 8The uptick in investments in the oil & gas sector has been disappointing slow in 2018. Find out more click on Report. 8A full analysis of Sudan and South Sudan where Indian and Chinese companies have a finger in the pie as western companies stay away.Click on Report for more.
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The first big CNG deal has been made for supply to India 8It will be equivalent to 1.5 mmtpa of LNG 8New tech CNG carriers will deliver the item to the East Coast of India 8Negotiations are on with a single buyer to uplift the entire quantity 8Find out more on the ships that will be used and the supply route, including maps Click on Reports for more
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A surge in demand for gas is expected from a spate of ammonia-urea projects currently under construction in India. 8Each of these units will consume 2.4 mmscmd of gas 8Get the commissioning dates for the units coming up in -- Ramagundam unit -- Gorakhpur -- Sindri -- Barauni -- Chambal Click on Reports for more
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Many buyers take a decision on buying a compressor on the basis of its purchase price 8But the biggest cost to a user is the operating cost over a period of, say, 10 years. Operating costs come down to two things – energy consumption and service and maintenance cost. 8Service and maintenance is now conducted periodically, like servicing a car, on a preventive analysis basis. | 8The trend is now slowly shifting towards predictive maintenance in the future 8Another trend is the move towards oil-free compressors. As clients are becoming more environmentally aware, there is a push to remove oil from compressors, as it is a contaminant. 8As oil-free air compressing systems utilise a teflon sleeve or coating in the compression chamber, they do not require any lubrication. They are maintenance free as far as lubrication is concerned. However, one will still need to service the air filter on a regular basis. 8But there is a flip side too to oil free compressors Click on Reports to know more on what are the latest technological trends in the compressor industry
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India says it does not need an electric vehicle policy. Was that because of pressure from the conventional car lobby? 8Case studies seem to show that EVs can only proliferate if there is clear government policy and not otherwise. 8Policy support is indispensable to enable market growth: it encourages uptake by making electric vehicles more appealing to consumers, reducing risks for investors and encouraging manufacturers to scale up production. 8The taxation structure in vehicles is a big driver and so are a host of other incentives 8The website carries here a full relationship picture of how policy helps unleash rapid growth of the EVs 8The website elucidates the taxation structures and the multiple levels of incentives that different countries are using to drive EV sales Click on Reports for more
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India's LPG penetration increased to ~78% in October 2017 from less than 60% in January 2016. 8LPG penetration for southern and northern India stands at more than 88%, while that in western and eastern India lags behind at 72% and 59%, respectively. 8Domestic supply cannot seem to keep pace 8LPG import CAGR of 22% is projected over FY17-20, as domestic production continues to lag demand. Find out more about where the India LPG story is headed. Click on Report. Details
Australia is starting up another $24 billion of LNG of projects. Commissioning dates are spread throughout 2018 and 2019 8The avalanche of fresh LNG will mean that promoters will have to target India as well and not just China, Korea and Japan. 8Australia has a geographical advantage over the US in terms of distance to India. The expansion of the Panama Canal, completed in late-June 2016, means that most LNG tankers can now pass through, providing a shorter trade route for LNG exports from the USA to Asian customers. However, shipping to Asian customers from the US Gulf Coast still takes more than twice the time of shipping from Western Australia. 8India is still a small consumer of Australian LNG so far, in relation to China and Japan. 8Find out more on LNG developments in Australia and how India figures prominently in them Click on Reports for more
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Find out more about how China has been working slowly but determinedly in Africa using both soft and financial power to entrench itself 8China frequently portrays its engagements in Africa as “no-strings-attached.” 8One of China’s advantages in Africa is that its firms have a higher risk tolerance than most. 8A pillar of the soft power push has been the Chinese government controlled and funded Confucius Institutes. 8These efforts are yielding results and the Africans have begun changing their opinion of China Click on Reports for more
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We leverage our deep knowledge of the Indian E&P sector and wide ranging contacts to bring you precise and advanced information. This is actionable information brought through verifiable sources. We place great emphasis on accuracy. If you are a oil & gas equipment supplier or service provider or raw material supplier, this is where you should be. RFQs for drilling rigs are coming up 8 Project Name: Exploratory Drilling Project. 8Project Cost: Rs 900 Crore. 8Project Description: Promoter is planning 50 well exploratory drilling project. The project involves exploratory drilling of oil wells at an overall cost of 1000 crores. Currently, the project is in pre-clearance phase and EIA report preparation is going on. There are 3 drilling rigs available with promoter but these are already deployed. Further RFQ for the project are expected shortly. 8Project Event: RFQ for hiring drilling services is expected by June 2018. 8Expenditure Approval: Q2/2017 8RFQ Date: Jun/2018 8Release Date: Aug/2018 8Start Date: Q3/2018 8Completion Date: Q4/2020 Click here for more details EIA consultant to be hired soon 8Project Name: Oil Field Development 8Project Cost: Rs 200 crore. 8Project Description: Promoter is planning the development of an oil field in Assam. Currently, 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 May instead of March 2018. RFQs for hiring rigs and other oilfield services is expected by November 2018. 8Expenditure Approval: Q2/2018 8RFQ Date: May/2018 8Release Date: Jun/2018 8Start Date: Jul/2019 8Completion Date: Jul/2021 Click here for more details RFQs for drilling services are coming up 8Project Name: Oil Field Development 8Project Cost: Rs 200 crore. 8Project Description: The Promoter is planning the Onshore Development Drilling of 7 nos. of wells. The project also involves laying of associated flowlines in the drilled areas. An EIA consultant has already been hired for the project. The application for Forest Clearance is currently under process. Further RFQs are expected shortly. 8Project Event: RFQs for hiring of Oil field services is expected by Q4/2018. 8Expenditure Approval: Q2/2017 8RFQ Date: Q4/2018 8Release Date: Q4/2018 8Start Date: Oct/2019 8Completion Date: April/2021 Click here for more detailsDetails
Ammonia-Urea & Captive Power Plant Greenfield Project 8Cost - Rs 10000 Crore 8Project Description: A Fertilizer Company is awaiting capital approval after obtaining environmental clearance for its greenfield ammonia-urea unit with a capacity of 2x2500 MTPD of ammonia and 2x4000 MTPD of granular urea and a captive 2x30 MW gas-based power plant In India. The agreement was signed with Gas Authority of India Ltd. (GAIL) for the supply of 5 MMSCMD of natural gas. SBI Caps is entrusted with the appraisal of the Project and preparation of Financial Feasibility Report. 8Project Event: Discussion process for LSTK contractor is going on and RFQ for the contractor is likely to be released in May 2018. Click here for more information Energy Saving-cum- Ammonia-Urea Expansion Project 8Cost - Rs 540 Crore 8Project Event: The detail engineering work is going on and tender for critical equipment has already been released in February 2018 and tender for other equipment will be released every two weeks from now on. Click here for more informationDetails