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Mar 2017
The only company which stands to gain out of the ONGC's valuation of the KG-OSN-2001/3 asset revaluation is GeoGlobal Resources Inc.
8GeoGlobal's 10% stake was "carried" by GSPC in return for technical help but subsequently the relationship between the two soured.
8But the company's stake has been valued at around $ 150 million dollar at present and GeoGlobal will continue to get a free ride since GSPC's obligations now vest on ONGC.
8The value of this carried interest will likely go up, as the Indian public sector major puts in more effort to push the block's gas into commercial production, in conjuction with its investments in the neigbouring blocks as KG-DWN-98/2
8Meanwhile a battle seems to have broken out between Jean Paul Ray, a swashbuckling entrepreneur who put the deal between GeoGlobal and GSPC together, and US based Key Capital, which claims that it is the true owner of GeoGlobal and Ray, sitting out of India, has hijacked the company in violation of the law.
Click on Reports to read more on this interesting story Details
8GeoGlobal's 10% stake was "carried" by GSPC in return for technical help but subsequently the relationship between the two soured.
8But the company's stake has been valued at around $ 150 million dollar at present and GeoGlobal will continue to get a free ride since GSPC's obligations now vest on ONGC.
8The value of this carried interest will likely go up, as the Indian public sector major puts in more effort to push the block's gas into commercial production, in conjuction with its investments in the neigbouring blocks as KG-DWN-98/2
8Meanwhile a battle seems to have broken out between Jean Paul Ray, a swashbuckling entrepreneur who put the deal between GeoGlobal and GSPC together, and US based Key Capital, which claims that it is the true owner of GeoGlobal and Ray, sitting out of India, has hijacked the company in violation of the law.
Click on Reports to read more on this interesting story Details
The Bhartia Group has taken a haircut of close to Rs 1400 crore subsequent to the sale of GSPC's 80% stake in the KG-OSN-2001/3 block, in which the Deendayal field is located
8The valuation attributed by ONGC to GSPC's stake, means a $ 200 million loss to the Bhartia's.
8For the time being however, the Bhartias do not seem to have an escape route.
8Despite the loss in valuation, the company will now have to continue to invest with ONGC in the block
8And it will be a long time before value can eventually be unlocked in the block.
8In the hey days, when the valuations were right and the block was meant to hold huge quantities of recoverable gas, the value of the holdings were high and there were a few large international players who were interested in an acquisition but that opportunity is now lost
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8The valuation attributed by ONGC to GSPC's stake, means a $ 200 million loss to the Bhartia's.
8For the time being however, the Bhartias do not seem to have an escape route.
8Despite the loss in valuation, the company will now have to continue to invest with ONGC in the block
8And it will be a long time before value can eventually be unlocked in the block.
8In the hey days, when the valuations were right and the block was meant to hold huge quantities of recoverable gas, the value of the holdings were high and there were a few large international players who were interested in an acquisition but that opportunity is now lost
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Torrent Power is looking for new shipments of LNG to be processed in its 1 MMTPA capacity that it has booked at the Dahek LNG terminal of Petronet LNG Ltd
8It has sought binding orders on ex-ship basis but the requirement is that the price formula should not have a constant
8A Master Sale Purchase Agreement will be entered into with the shipper
8Torrent reserves the right to divert up to 2 LNG cargoes outside of India
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8It has sought binding orders on ex-ship basis but the requirement is that the price formula should not have a constant
8A Master Sale Purchase Agreement will be entered into with the shipper
8Torrent reserves the right to divert up to 2 LNG cargoes outside of India
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The website carries here a comprehensive presentation on the Indian LPG industry and the opportunities and challenges that it faces.
8According to estimates, the repaid increase in demand is going to flatten out to an annual 2% after 2020
8Import projections are given here right up to the year 2030-3. The acute region-wise demand-supply imbalance seen now is also expected to even out over time.
8Procurement has been primarily through term contracts with National Oil Companies but a new opportunity has opened up as term tenders are now being floated by oil marketing companies for the first time.
8There is a massive opportunity for the private sector to participate in the setting up import terminals, particularly in the west coast
8A massive expansion of bottling capacity is also expected
8This is a must-read for any business development manger involved in this sector
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8According to estimates, the repaid increase in demand is going to flatten out to an annual 2% after 2020
8Import projections are given here right up to the year 2030-3. The acute region-wise demand-supply imbalance seen now is also expected to even out over time.
8Procurement has been primarily through term contracts with National Oil Companies but a new opportunity has opened up as term tenders are now being floated by oil marketing companies for the first time.
8There is a massive opportunity for the private sector to participate in the setting up import terminals, particularly in the west coast
8A massive expansion of bottling capacity is also expected
8This is a must-read for any business development manger involved in this sector
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The proposed marriage between ONGC and HPCL is not really going to work well
8The organizational culture is different for the two entities
8Refining margins are not strictly linked to oil prices, while marketing margins are deregulated. Marketing volume is a function of consumption and economic growth. Pipeline volumes depend again on marketing, while the margin is linked to railway freight.
8ONGC’s margin, on the other hand, is completely linked to oil prices.
8It is claimed that the combined entity would have an RoE of 15.5%, while HPCL alone would make an RoE of 23% if not merged with ONGC. This would be a concern for existing investors of HPCL.
8There is no synergy in this merger
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8The organizational culture is different for the two entities
8Refining margins are not strictly linked to oil prices, while marketing margins are deregulated. Marketing volume is a function of consumption and economic growth. Pipeline volumes depend again on marketing, while the margin is linked to railway freight.
8ONGC’s margin, on the other hand, is completely linked to oil prices.
8It is claimed that the combined entity would have an RoE of 15.5%, while HPCL alone would make an RoE of 23% if not merged with ONGC. This would be a concern for existing investors of HPCL.
8There is no synergy in this merger
Click on Reports for more Details
India's oil production in February, 2017 was 5.37% below target and 2.40% lower than what it was for the same month in the previous year. Cumulative crude oil production during April, 2016February, 2017 was 32918 TMT which was 2.58% and 2.84% lower than target and actual production in the corresponding period of last year respectively.
8In any country, such a decline would have created a lot of hype but in India somehow, stagnant or declining oil production has been the norm for so many years that any new data that retells the same story fails to raise eyebrows.
8The bulk of the shortfall in crude production was on account of ONGC's under performance, with output being 2.17% below what it was for the same month in the previous year. Delays in the deployment of the MOPUSagar Samrat and the implementation of “Development of Western Periphery of MHS (ZC)” Project along with the inexorable decline in the mature fields in Western Offshore were responsible for the poor show.
8The story is no different for Oil India Ltd. The company's output during February, 2017 was 260.32 TMT which was 13.45% lower than monthly target but, interestingly, 5.73% higher than production in February, 2016. Cumulative crude oil production by OIL during April, 2016February, 2017 was 2964.83 TMT which is 5.45% lower than target for the period but 0.26% higher than production during corresponding period of last year. Clearly, February is witnessing a accelerating decline in production.
8Crude oil production by Pvt/JVs during February, 2017 was 795.64 TMT which was 3.51% lower than the monthly target and 8.52% lower than February, 2016. Cumulative crude oil production by Pvt/JVs during April, 2016February, 2017 was 9666.53 TMT which was 2.66% lower than target for the period and 7.34% lower than the production during corresponding period of last year.
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8In any country, such a decline would have created a lot of hype but in India somehow, stagnant or declining oil production has been the norm for so many years that any new data that retells the same story fails to raise eyebrows.
8The bulk of the shortfall in crude production was on account of ONGC's under performance, with output being 2.17% below what it was for the same month in the previous year. Delays in the deployment of the MOPUSagar Samrat and the implementation of “Development of Western Periphery of MHS (ZC)” Project along with the inexorable decline in the mature fields in Western Offshore were responsible for the poor show.
8The story is no different for Oil India Ltd. The company's output during February, 2017 was 260.32 TMT which was 13.45% lower than monthly target but, interestingly, 5.73% higher than production in February, 2016. Cumulative crude oil production by OIL during April, 2016February, 2017 was 2964.83 TMT which is 5.45% lower than target for the period but 0.26% higher than production during corresponding period of last year. Clearly, February is witnessing a accelerating decline in production.
8Crude oil production by Pvt/JVs during February, 2017 was 795.64 TMT which was 3.51% lower than the monthly target and 8.52% lower than February, 2016. Cumulative crude oil production by Pvt/JVs during April, 2016February, 2017 was 9666.53 TMT which was 2.66% lower than target for the period and 7.34% lower than the production during corresponding period of last year.
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What is more worrying is the sharp 9.95% decline in February, 2017 in gas production than what was the target. Worse still, output fell by 1.66% from what it was in February, 2016.
8Cumulative natural gas production during April, 2016February, 2017 was 29146.41 MMSCM which was 5.99% lower than target for the period and 1.90% lower than the production during corresponding period of last year.
8ONGC had a 5.84% shortfall mainly due to due to less than planned production from Daman & C26 Cluster due to an evacuation constraint (export lines to TCPP platform are not ompleted) and natural decline from the Bassein field.
8Gas output by OIL however was 225.18 MMSCM which is 6.37% higher than target for the month but 3.07% higher than February, 2016. Cumulative natural gas production by OIL during April, 2016February, 2017 was 2685.53 MMSCM which was 0.78% lower than the cumulative target but 3.92% higher than the production during the corresponding period of last year.
8The point to note is that output from Pvt/JVs during February, 2017 was 524.24 MMSCM which was 25.80% lower than the monthly target and 14.85% lower when compared with February, 2016. Cumulative natural gas production was 6345.21 MMSCM which was 17.04% lower than the target and 16.42% less than the production during the corresponding period of last year.
Reasons for shortfall in Pvt/JV production were:
-- Underperformance of wells in KG OSN2001/3
-- Poor output from the Sohagpur West CBM block, closure of few wells for maintenance in Raniganj East CBM block.
-- Closure of 2 wells in D1D3 field in KGDWN98/3.
-- RJON90/1: Less production from Mangala as one power fluid pump tripped in the third week of February. Few high water cut wells closed at Mangala while there was some poor reservoir performance of Bhagyam, leading to a short fall.
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8Cumulative natural gas production during April, 2016February, 2017 was 29146.41 MMSCM which was 5.99% lower than target for the period and 1.90% lower than the production during corresponding period of last year.
8ONGC had a 5.84% shortfall mainly due to due to less than planned production from Daman & C26 Cluster due to an evacuation constraint (export lines to TCPP platform are not ompleted) and natural decline from the Bassein field.
8Gas output by OIL however was 225.18 MMSCM which is 6.37% higher than target for the month but 3.07% higher than February, 2016. Cumulative natural gas production by OIL during April, 2016February, 2017 was 2685.53 MMSCM which was 0.78% lower than the cumulative target but 3.92% higher than the production during the corresponding period of last year.
8The point to note is that output from Pvt/JVs during February, 2017 was 524.24 MMSCM which was 25.80% lower than the monthly target and 14.85% lower when compared with February, 2016. Cumulative natural gas production was 6345.21 MMSCM which was 17.04% lower than the target and 16.42% less than the production during the corresponding period of last year.
Reasons for shortfall in Pvt/JV production were:
-- Underperformance of wells in KG OSN2001/3
-- Poor output from the Sohagpur West CBM block, closure of few wells for maintenance in Raniganj East CBM block.
-- Closure of 2 wells in D1D3 field in KGDWN98/3.
-- RJON90/1: Less production from Mangala as one power fluid pump tripped in the third week of February. Few high water cut wells closed at Mangala while there was some poor reservoir performance of Bhagyam, leading to a short fall.
Click on Reports for more Details
Refinery production during February, 2017 was 19050.04 TMT which was 1.15% higher than the target for the month but 2.33% lower when compared with February, 2016.
8Cumulative production during April, 2016February, 2017 was 224055 TMT which was 1.89% higher than the target for the period and 5.95% more than the production during corresponding period of last year.
Click on Reports for full details Details
8Cumulative production during April, 2016February, 2017 was 224055 TMT which was 1.89% higher than the target for the period and 5.95% more than the production during corresponding period of last year.
Click on Reports for full details Details
Fluidic drag estimation in HDD: We carry here the excerpt from a larger research paper that proposes a new method for evaluating hydrokinetic pressure and fluidic drag changes during pipe installation operations using horizontal directional drilling (HDD). The method is based on applying the solution of eccentric annular flow using the finite volume method (FVM) to the HDD case.
8Site investigation based on return flow in HDD: An article explains the importance of using appropriate site-investigation (SI) methods to prepare for horizontal-directional drilling (HDD) projects, and describes one particular project where pilot bores were used to gather appropriate geological information ahead of full-scale HDD works.
8Operational pigging-controlling internal corrosion of pipelines: This paper provides a corrosion engineer’s perspective on developing corrosion-management systems for oil and gas industry assets, highlighting organisational and technical challenges and the importance of operational pigging, i.e. utilisation of cleaning and sealing pigs, and in-line inspection (ILI) tools, and how it may fit within an overall corrosion-management strategy.
8Steel pipe rehabilitation for further use after field operation or long-term storage: This paper discusses the procedure for rehabilitating large-diameter pipes in stationary in-plant conditions. The procedure was developed to rehabilitate steel pipe, after field operation or long-term storage, for further use in pipelines and other industrial and construction purposes.
8Providing effective asset management solutions: As pipeline systems begin to age, effective asset management becomes increasingly important to ensure safety and continued operation, claims this paper
8Innovation overcomes installation and ageing problems: New casing spacers serve an important role in preserving pipeline integrity, offering certain advantages over traditional casing spacers.
8Making an executive decision: Newly elected President Donald Trump wasted no time in signalling his intent for the North American pipeline industry. We carry here a review of the impact he has had on the sector since taking office on 20 January 2017.
8Simplifying the specification of the right quality of linepipe: The Engineering Equipment and Materials Users Association (EEMUA) is renowned for publishing guidance notes, codes of practice, and specifications dealing with the design, construction, maintenance, and safe operations of engineering equipment and installations. Many of these documents have gained wide acceptance and are utilised by the engineering community around the world. Find out more
8Automated mobile pipeline construction: a new approach to mobile automated spiral interlocking pipe. Read a paper on the topic
8Reliably detecting pipeline ruptures: A company has developed a new rupture-detection system which, when triggered, should result in the immediate shut down of a pipeline to prevent catastrophic damage.
8Detecting circumferential cracks: A case study reviews how the company successfully used ultrasonic technology to identify a number of circumferential cracks on a 10-km CRA-clad pipeline.
Click on Reports for more Details
8Site investigation based on return flow in HDD: An article explains the importance of using appropriate site-investigation (SI) methods to prepare for horizontal-directional drilling (HDD) projects, and describes one particular project where pilot bores were used to gather appropriate geological information ahead of full-scale HDD works.
8Operational pigging-controlling internal corrosion of pipelines: This paper provides a corrosion engineer’s perspective on developing corrosion-management systems for oil and gas industry assets, highlighting organisational and technical challenges and the importance of operational pigging, i.e. utilisation of cleaning and sealing pigs, and in-line inspection (ILI) tools, and how it may fit within an overall corrosion-management strategy.
8Steel pipe rehabilitation for further use after field operation or long-term storage: This paper discusses the procedure for rehabilitating large-diameter pipes in stationary in-plant conditions. The procedure was developed to rehabilitate steel pipe, after field operation or long-term storage, for further use in pipelines and other industrial and construction purposes.
8Providing effective asset management solutions: As pipeline systems begin to age, effective asset management becomes increasingly important to ensure safety and continued operation, claims this paper
8Innovation overcomes installation and ageing problems: New casing spacers serve an important role in preserving pipeline integrity, offering certain advantages over traditional casing spacers.
8Making an executive decision: Newly elected President Donald Trump wasted no time in signalling his intent for the North American pipeline industry. We carry here a review of the impact he has had on the sector since taking office on 20 January 2017.
8Simplifying the specification of the right quality of linepipe: The Engineering Equipment and Materials Users Association (EEMUA) is renowned for publishing guidance notes, codes of practice, and specifications dealing with the design, construction, maintenance, and safe operations of engineering equipment and installations. Many of these documents have gained wide acceptance and are utilised by the engineering community around the world. Find out more
8Automated mobile pipeline construction: a new approach to mobile automated spiral interlocking pipe. Read a paper on the topic
8Reliably detecting pipeline ruptures: A company has developed a new rupture-detection system which, when triggered, should result in the immediate shut down of a pipeline to prevent catastrophic damage.
8Detecting circumferential cracks: A case study reviews how the company successfully used ultrasonic technology to identify a number of circumferential cracks on a 10-km CRA-clad pipeline.
Click on Reports for more Details
31 contract areas were awarded under the Discovered Small Fields Policy of the government.
8But it looks like these contracts may run into opposition from at least two state governments, Assam and Tamil Nadu
8Already, local representatives have filed two petitions in National Green Tribunal (NGT), Southern Zone, Chennai objecting to the award of some discovered small fields expressing apprehension regarding possible environmental impact.
8The Assam Gana Parishad (AGP), constituent of the BJP coalition in Assam, in which some of the small fields are located, is opposed to the policy as well.
8The state has an important role to play. For starting any petroleum activity, the operators of the fields have to obtain or get the requisite Mining Lease transferred from ONGC/OIL as the case may be through the respective state governments.
8It remains to be seen how this pans out
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8But it looks like these contracts may run into opposition from at least two state governments, Assam and Tamil Nadu
8Already, local representatives have filed two petitions in National Green Tribunal (NGT), Southern Zone, Chennai objecting to the award of some discovered small fields expressing apprehension regarding possible environmental impact.
8The Assam Gana Parishad (AGP), constituent of the BJP coalition in Assam, in which some of the small fields are located, is opposed to the policy as well.
8The state has an important role to play. For starting any petroleum activity, the operators of the fields have to obtain or get the requisite Mining Lease transferred from ONGC/OIL as the case may be through the respective state governments.
8It remains to be seen how this pans out
Click on Reports for more Details
A consultant has been appointed for Front End Engineering Design (FEED) and other pre-project activities for the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project.
8The project cost is now pegged at $ 15 billion.
8It will be a 56 inch diameter pipeline with a total estimated length of 1814 km and it will transport 90 MMSCMD of natural gas, of which 38 MMSCMD is for India.
8The overall TAPI project duration is estimated to be 7 years from the start of the Front End Engineering Design (FEED) process till handling over of the pipeline for commercial operation.
8Business development prospects are emerging in the project, it looks like
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8The project cost is now pegged at $ 15 billion.
8It will be a 56 inch diameter pipeline with a total estimated length of 1814 km and it will transport 90 MMSCMD of natural gas, of which 38 MMSCMD is for India.
8The overall TAPI project duration is estimated to be 7 years from the start of the Front End Engineering Design (FEED) process till handling over of the pipeline for commercial operation.
8Business development prospects are emerging in the project, it looks like
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For reference purposes, the website carries here the following data:
8Global Supply and Demand of Petrochemical Products relied on LPG as Feedstock
8Petrochemical products from various Feedstock
8Light Olefins Production Process Flow
8Steam Cracker Process Flow
8Propane Dehydrogenation Process Flow (UOP Oleflex process)
8Global Ethylene Supply & Demand
8Ethylene Production by Region, Country
8World Ethylene Production by Feedstock
82016 Ethylene Production by Feedstock and Region
8Global Propylene Supply & Demand
8Propylene Production by Region, Country
8World Propylene Production by Feedstock
82016 Propylene Production by Feedstock and Region
8Global Consumption of Propane & Butane as Petrochemical Feedstock
8China Propane & Butane Consumption as Petrochemical Feedstock
8Propane & Butane Consumption as Petrochemical Feedstock by Region, Country
Click on Reports for more Details
8Global Supply and Demand of Petrochemical Products relied on LPG as Feedstock
8Petrochemical products from various Feedstock
8Light Olefins Production Process Flow
8Steam Cracker Process Flow
8Propane Dehydrogenation Process Flow (UOP Oleflex process)
8Global Ethylene Supply & Demand
8Ethylene Production by Region, Country
8World Ethylene Production by Feedstock
82016 Ethylene Production by Feedstock and Region
8Global Propylene Supply & Demand
8Propylene Production by Region, Country
8World Propylene Production by Feedstock
82016 Propylene Production by Feedstock and Region
8Global Consumption of Propane & Butane as Petrochemical Feedstock
8China Propane & Butane Consumption as Petrochemical Feedstock
8Propane & Butane Consumption as Petrochemical Feedstock by Region, Country
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Environment clearance was granted last week for installation of a Gasoline Hydro treating Unit in a refinery
8Site work has now begun.
-- Cost of the project will be Rs.554 Crore.
-- Capacity of this unit will be 0.9 MMTPA.
8Maintenance Shutdown in a refinery
-- A big 25-day shutdown is beginning April 17, 2017
8LPG bottling plant coming up: Rs 142 crore investment
-- RGQs in May, 2017
Click on Details for more Details
8Site work has now begun.
-- Cost of the project will be Rs.554 Crore.
-- Capacity of this unit will be 0.9 MMTPA.
8Maintenance Shutdown in a refinery
-- A big 25-day shutdown is beginning April 17, 2017
8LPG bottling plant coming up: Rs 142 crore investment
-- RGQs in May, 2017
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Design ,Supply and Commissioning of Master Control Station For DBBV Actuators for Terminal Project Details
8Rate contract for pilferage restoration and maintenance work in Mainline Details
8Supply of License, Process Package, Supply of Catalyst and other services for Grass Root Diesel Hydrotreater Unit under Refinery Expansion Project Details
8Consultancy Service for Plant Cost Estimation of DHDT Unit at refinery Details
8Procurement of Booster Compressor for CNG Stations Details
8Carrying out HAZOP study, preparation of Quantitative Risk Analysis QRA and Emergency Response and Disaster Management Plan by PNGRB approved agency Details
8Re-alignment of Koyali-Ratlam Pipeline by Horizontal Directional Drilling Details
8Annual Maintenance Contract for hiring of services for Gas Company Details
8Carrying out Product Pumps Servicing & Pressure Test of pipelines Details
8Supply and Supervision of Installation & Commissioning of Electric Motor Driven Crude Oil Dispatch Pumps Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Bonanza for shareholders: Oil marketing cos IOC, HPCL declare dividend Details
8Hindustan Petroleum to upgrade units using Honeywell technology Details
8Company law tribunal approves Vedanta-Cairn merger Details
8World's top LNG buyers form alliance to push for flexible contracts Details
8China's state owned oil and gas company CNOOC reports worst result since at least 2011, forecasts output rise Details
8As Trump targets energy rules, oil companies downplay their impact Details
8Cairn India advances over 2% as cabinet approves policy for extending oilfield contracts Details
8After govt's pressure, state-run oil firms declare Rs 4,570 crore special dividend Details
8Sea of trouble testing BP mettle draws $10 billion ONGC bet Details
8India eases rules for old oil, gas blocks; to unlock $21 billion reserves Details
8Misconceptions spread through media on Neduvasal project :ONGC Details
8Subdued performance from oil firms in the December quarter Details
8Ratna and R-series fields to be developed by ONGC after a delay of 20 years Details
8Modi government to hold second round of small oilfields auction soon Details
You can also click on Newsclips for more Details
8Design ,Supply and Commissioning of Master Control Station For DBBV Actuators for Terminal Project Details
8Rate contract for pilferage restoration and maintenance work in Mainline Details
8Supply of License, Process Package, Supply of Catalyst and other services for Grass Root Diesel Hydrotreater Unit under Refinery Expansion Project Details
8Consultancy Service for Plant Cost Estimation of DHDT Unit at refinery Details
8Procurement of Booster Compressor for CNG Stations Details
8Carrying out HAZOP study, preparation of Quantitative Risk Analysis QRA and Emergency Response and Disaster Management Plan by PNGRB approved agency Details
8Re-alignment of Koyali-Ratlam Pipeline by Horizontal Directional Drilling Details
8Annual Maintenance Contract for hiring of services for Gas Company Details
8Carrying out Product Pumps Servicing & Pressure Test of pipelines Details
8Supply and Supervision of Installation & Commissioning of Electric Motor Driven Crude Oil Dispatch Pumps Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Bonanza for shareholders: Oil marketing cos IOC, HPCL declare dividend Details
8Hindustan Petroleum to upgrade units using Honeywell technology Details
8Company law tribunal approves Vedanta-Cairn merger Details
8World's top LNG buyers form alliance to push for flexible contracts Details
8China's state owned oil and gas company CNOOC reports worst result since at least 2011, forecasts output rise Details
8As Trump targets energy rules, oil companies downplay their impact Details
8Cairn India advances over 2% as cabinet approves policy for extending oilfield contracts Details
8After govt's pressure, state-run oil firms declare Rs 4,570 crore special dividend Details
8Sea of trouble testing BP mettle draws $10 billion ONGC bet Details
8India eases rules for old oil, gas blocks; to unlock $21 billion reserves Details
8Misconceptions spread through media on Neduvasal project :ONGC Details
8Subdued performance from oil firms in the December quarter Details
8Ratna and R-series fields to be developed by ONGC after a delay of 20 years Details
8Modi government to hold second round of small oilfields auction soon Details
You can also click on Newsclips for more Details
The sale by Transocean of its entire Jackup fleet to Norwegian newcomer Borr Drilling came as a surprise to everyone. The deal also involves assuming Transocean's newbuild obligations with rig builder Keppel.
8The Transocean sale has come as confirmation that the offshore rig market is yet to bottom out. The sale thwarts Transocean CEO Jeremy Thigpen's ongoing narrative of an industry recovery being close at hand
8The entity to watch is Borr Drilling as the company has remained debt free so far and will most likely keep its current, basically unlimited access to the capital markets by picking up more distressed assets around the globe going forward. The longer the downturn lasts, the cheaper Borr Drilling will be able to purchase additional rigs. Over time, the company might very well become a leading industry player simply by going against the grain at a time when incumbent players are struggling with large debt loads and liquidity concerns.
8Transocean's Indian operations will change as a consequence of the sale.
8The Bhartia Group, who represent Transocean in India, will have a significantly reduced footprint
Click on Details and on Reports for more information on the deal Details
8The Transocean sale has come as confirmation that the offshore rig market is yet to bottom out. The sale thwarts Transocean CEO Jeremy Thigpen's ongoing narrative of an industry recovery being close at hand
8The entity to watch is Borr Drilling as the company has remained debt free so far and will most likely keep its current, basically unlimited access to the capital markets by picking up more distressed assets around the globe going forward. The longer the downturn lasts, the cheaper Borr Drilling will be able to purchase additional rigs. Over time, the company might very well become a leading industry player simply by going against the grain at a time when incumbent players are struggling with large debt loads and liquidity concerns.
8Transocean's Indian operations will change as a consequence of the sale.
8The Bhartia Group, who represent Transocean in India, will have a significantly reduced footprint
Click on Details and on Reports for more information on the deal Details
Perpetual infighting in the once powerful ONGC's Association of Scientific Officers has taken the sting out of it over the years.
8A large number of officers are now likely to retire in the next few years and this is going to be another problem for the Association.
8Will it turn a new leaf now and does it have to strength to push through the requisite pay revisions?
Click on Reports to find out more on what the ASTO is up to these days Details
8A large number of officers are now likely to retire in the next few years and this is going to be another problem for the Association.
8Will it turn a new leaf now and does it have to strength to push through the requisite pay revisions?
Click on Reports to find out more on what the ASTO is up to these days Details
Oil India Limited operates a creaking 1860 km of cross-country hydrocarbon pipelines.
8Around 1415 Km of pipelines are very old.
8There is system overload everwhere
8The company is now planning to revamp the entire network and business opportunities are available in this
Click on Reports to find out more Details
8Around 1415 Km of pipelines are very old.
8There is system overload everwhere
8The company is now planning to revamp the entire network and business opportunities are available in this
Click on Reports to find out more Details
The Uberization of the LNG market will eventually lead to buyers dispatching LNG cargoes from a liquid global market whenever they need one.
8Overall, the market will become much more efficient and liquid.
8In addition, the financial risk in these projects will increasingly shift toward the gas producer, and not, as historically has been the case, predominantly rest with the buyer.
8But there is consensus on one fact: That it will take time to fully understand all the economic, environmental, and geopolitical implications of the new global natural gas order.
8Tectonic shifts in the energy sector tend not to occur overnight. But gas markets are on the move, and their evolution will profoundly shape our energy future.
Click on Reports to find out more Details
8Overall, the market will become much more efficient and liquid.
8In addition, the financial risk in these projects will increasingly shift toward the gas producer, and not, as historically has been the case, predominantly rest with the buyer.
8But there is consensus on one fact: That it will take time to fully understand all the economic, environmental, and geopolitical implications of the new global natural gas order.
8Tectonic shifts in the energy sector tend not to occur overnight. But gas markets are on the move, and their evolution will profoundly shape our energy future.
Click on Reports to find out more Details
The switch to LNG bunkering after the 2020 sulphur emissions norms coming into existence is going to more complicated than it seems as of now even though news has come in of the SCF group placed an order for the first four
8LNG-fueled Aframax tankers. Four firm 114,000 dwt ice-class newbuildings have been ordered at HHI.
8Unsurprisingly these Aframaxes will unlikely be traded worldwide initially and will be used for lifting crude from Russia and discharging in the Baltic and Northern European regions. These two areas also happen to have some of the most developed facilities in terms of LNG bunkering.
8Eventually, fueling multiple large-scale containers or large tankers will be a different story and one that will question the logistics of the current bunker market.
8Can LNG simply mirror that of current fuel oil bunkering? For a start the barrier to entry is set high simply by the prohibitive costs of entry. The quantities and logistics required to operate a large scale system would be difficult to be serviced by a small bunker vessel, especially if needed in multiple locations.
8Quayside fueling will also prove difficult. Cryogenic pipes are expensive, and the timings of containers would require fueling whilst operations at port take place. Still, these challenges will be overcome with time and can’t be all worked out whilst the industry is still relatively small.
8But we should all be pleased with the recent news and that the LNG bunkering story is still heading in the right direction.
Click on Reports for more Details
8LNG-fueled Aframax tankers. Four firm 114,000 dwt ice-class newbuildings have been ordered at HHI.
8Unsurprisingly these Aframaxes will unlikely be traded worldwide initially and will be used for lifting crude from Russia and discharging in the Baltic and Northern European regions. These two areas also happen to have some of the most developed facilities in terms of LNG bunkering.
8Eventually, fueling multiple large-scale containers or large tankers will be a different story and one that will question the logistics of the current bunker market.
8Can LNG simply mirror that of current fuel oil bunkering? For a start the barrier to entry is set high simply by the prohibitive costs of entry. The quantities and logistics required to operate a large scale system would be difficult to be serviced by a small bunker vessel, especially if needed in multiple locations.
8Quayside fueling will also prove difficult. Cryogenic pipes are expensive, and the timings of containers would require fueling whilst operations at port take place. Still, these challenges will be overcome with time and can’t be all worked out whilst the industry is still relatively small.
8But we should all be pleased with the recent news and that the LNG bunkering story is still heading in the right direction.
Click on Reports for more Details
Crude prices are going down as OPEC finds it increasingly difficult to keeps its rebellious members from violating the output cut deal
8Saudi Arabia’s February production actually rose by over 250,000 bpd.
8There are concerns now that OPEC’s more rebellious members may abandon the cut deal and return to pumping as much oil as possible for the purposes of market share. Such a move by the likes of Iraq, the UAE, or even Saudi Arabia would be disastrous.
8Saudi’s apparent move to up output last month was supposedly to fire a warning shot at its rivals, to make them aware that, should they fail to comply with the cuts, Saudi can do the same.
8The US has emerged as the key swing producer in the oil market and a wave of positive production data is predominantly responsible for the sudden slump in prices.
8Looks like oil prices are going to stay low for now
Click on Reports for more Details
8Saudi Arabia’s February production actually rose by over 250,000 bpd.
8There are concerns now that OPEC’s more rebellious members may abandon the cut deal and return to pumping as much oil as possible for the purposes of market share. Such a move by the likes of Iraq, the UAE, or even Saudi Arabia would be disastrous.
8Saudi’s apparent move to up output last month was supposedly to fire a warning shot at its rivals, to make them aware that, should they fail to comply with the cuts, Saudi can do the same.
8The US has emerged as the key swing producer in the oil market and a wave of positive production data is predominantly responsible for the sudden slump in prices.
8Looks like oil prices are going to stay low for now
Click on Reports for more Details
2017 is likely to be a bad year for the offshore rigs market
8The year brings a dramatic increase in roll-offs of contracts signed in the 2011 to 2014 up cycle
828% of all floaters are older than 20 years; they currently represent 24% of working floaters
8New contracts are expected to favor modern rigs while older rigs will be much less competitive, unless they have a “niche”.
8Then again, 39% of all Jackups (JUs) are older than 20 years and they currently represent 45% of working JUs
8However there is less technical obsolescence in this segment than in the than in the floater market
8Just like in the case of Borr Drilling acquiring the still to be fully built rigs of Transoceanm, many newbuilds will require a change of ownership before they can be marketed effectively
8The website carries here a comprehensive set of data on the roll off of contracted floater fleet right up to 2025
8It also carries here the information of similar roll offs of Jackup rigs
8There is comprehensive data also on the utilization rates of these rigs right up to February, 2017 under different categories
Click on Reports for more Details
8The year brings a dramatic increase in roll-offs of contracts signed in the 2011 to 2014 up cycle
828% of all floaters are older than 20 years; they currently represent 24% of working floaters
8New contracts are expected to favor modern rigs while older rigs will be much less competitive, unless they have a “niche”.
8Then again, 39% of all Jackups (JUs) are older than 20 years and they currently represent 45% of working JUs
8However there is less technical obsolescence in this segment than in the than in the floater market
8Just like in the case of Borr Drilling acquiring the still to be fully built rigs of Transoceanm, many newbuilds will require a change of ownership before they can be marketed effectively
8The website carries here a comprehensive set of data on the roll off of contracted floater fleet right up to 2025
8It also carries here the information of similar roll offs of Jackup rigs
8There is comprehensive data also on the utilization rates of these rigs right up to February, 2017 under different categories
Click on Reports for more Details
8TOR for a Rs 150 crore storage and dispatch LPG facility at a port is expected by April
-- No additional land is needed and the PFR has already been completed
82G Ethanol Plants: Licensor selection is underway
-- The consultant is currently in the process of undertaking the selection
8The EPC contractor for an Amine Recovery Unit has already been selected
-- Work will go on parallel to the BS-VI upgradation work in the refinery
8A Rs 33 crore LPG bottling plant is coming up
-- RFQs will be floated in May, 2017 Details
-- No additional land is needed and the PFR has already been completed
82G Ethanol Plants: Licensor selection is underway
-- The consultant is currently in the process of undertaking the selection
8The EPC contractor for an Amine Recovery Unit has already been selected
-- Work will go on parallel to the BS-VI upgradation work in the refinery
8A Rs 33 crore LPG bottling plant is coming up
-- RFQs will be floated in May, 2017 Details
For reference purposes the website carries here the following tenders:
8Ethanol & Bio-Diesel Tankage at Irugur Installation Details
8Charter Hiring of one Well Stimulated Vessel with HF & Acid Equipment and modular package of CTU & NPU Details
8Supply of License, Basic Engineering Design Package and other Related Services for Second Generation 2G Bio-Ethanol Plant Details
8Hiring the Services of Design, Detail Engineering and Installation of Pipeline and "OFC" by HDD and Hookup with existing Crude-Oil and NSPL Product Pipelines Details
8Collection of Oil/ Sludge inside refinery Details
8Supply of Steel Pipelines to Gas Company Details
8Supply, Installation, Testing, Commissioning, Operation & Maintenance of SCMH online compressors for City Gas Distribution Project Details
8EOI for Engagement of Technical Consultant for RCA of Pre-Mature leakages of Well-Fluid Pipelines in Western Offshore Details
8Annual Rate Contract for Operation and Maintenance of Effluent Treatment Plant Details
8Hiring of Completions Tools on Callout Basis for Onshore Blocks Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Lower VAT on lignite in GST regime to boost GMDC’s profitability Details
8India tries to fix Iran trade payments as Donald Trump hardens line Details
8U.S. oil and gas industry reaps the benefits of international trade: Column by John Kemp Details
8Moody's global integrated oil and gas sector outlook turns positive on earnings growth recovery Details
8Gulf looks set to follow oil, international stock markets lower Details
8Mozambique to get $350 mln in tax from Eni-Exxon deal Details
8Coal-based power plant pipeline shrinks globally in 2016, says research Details
8PetroChina's head of crude oil trading resigns, replaced by deputy Details
8Oil near $50 dents sentiment in Gulf Details
8ONGC seeks gas price review; wants floor rate fixed at $4.2 Details
8China's Sinopec buys first major refinery in Africa from Chevron Details
8Dharmendra Pradhan seeks to allay protests over oilfields development in Tamilnadu Details
8Petroleum Ministry seeks integration road map from state-run oil companies Details
8Cabinet approves policy for extension of oilfields contracts to attract $5.4 billion investments Details
You can also click on Newsclips for more Details
8Ethanol & Bio-Diesel Tankage at Irugur Installation Details
8Charter Hiring of one Well Stimulated Vessel with HF & Acid Equipment and modular package of CTU & NPU Details
8Supply of License, Basic Engineering Design Package and other Related Services for Second Generation 2G Bio-Ethanol Plant Details
8Hiring the Services of Design, Detail Engineering and Installation of Pipeline and "OFC" by HDD and Hookup with existing Crude-Oil and NSPL Product Pipelines Details
8Collection of Oil/ Sludge inside refinery Details
8Supply of Steel Pipelines to Gas Company Details
8Supply, Installation, Testing, Commissioning, Operation & Maintenance of SCMH online compressors for City Gas Distribution Project Details
8EOI for Engagement of Technical Consultant for RCA of Pre-Mature leakages of Well-Fluid Pipelines in Western Offshore Details
8Annual Rate Contract for Operation and Maintenance of Effluent Treatment Plant Details
8Hiring of Completions Tools on Callout Basis for Onshore Blocks Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Lower VAT on lignite in GST regime to boost GMDC’s profitability Details
8India tries to fix Iran trade payments as Donald Trump hardens line Details
8U.S. oil and gas industry reaps the benefits of international trade: Column by John Kemp Details
8Moody's global integrated oil and gas sector outlook turns positive on earnings growth recovery Details
8Gulf looks set to follow oil, international stock markets lower Details
8Mozambique to get $350 mln in tax from Eni-Exxon deal Details
8Coal-based power plant pipeline shrinks globally in 2016, says research Details
8PetroChina's head of crude oil trading resigns, replaced by deputy Details
8Oil near $50 dents sentiment in Gulf Details
8ONGC seeks gas price review; wants floor rate fixed at $4.2 Details
8China's Sinopec buys first major refinery in Africa from Chevron Details
8Dharmendra Pradhan seeks to allay protests over oilfields development in Tamilnadu Details
8Petroleum Ministry seeks integration road map from state-run oil companies Details
8Cabinet approves policy for extension of oilfields contracts to attract $5.4 billion investments Details
You can also click on Newsclips for more Details
Critiquing the war cry of climate change adherents for a dramatic cut in fossil fuel consumption if not its complete elimination to keep the world from warming up dangerously, a leading global research university has now come out with a statement that it will not be possible to do so.
8It has argued that it will be impossible for renewal power to replace fossil fuel, either in the rich or the developing world. It has come out with a whole set of reasons renewal power will never be the eventual solution.
8Fossil fuels will continue to play a major role in developing countries like it or not.
8By engaging with this reality and treating fossil fuels in a transparent and balanced way, the world can work to maximize the gains and minimize the harms from their use.
8Key priorities should be to make sure that LPG gets to as many households as possible and that environmental policies properly account for the climate and local pollution impacts of power generation, which will help gas compete with coal on a fairer playing ground.
8Interesting the university has argued that a developing country like India will be justifiably disinclined to impose a carbon price on themselves, so developed countries need to find policy mechanisms through which to shoulder the burden.
8For example, new gas plants in places like India could be paid a carbon price times the avoided emissions from using gas instead of coal for every megawatt-hour of electricity generated.|
8Assuming a modest delivered LNG price of $ 7/mmbtu given the likely oversupply of capacity over the intermediate future, a carbon price of $20–30/tonne of CO2 emission prevented is probably necessary to make gas competitive with coal in India.
8And this is the price that rich countries must shoulder.
Click on Reports for more Details
8It has argued that it will be impossible for renewal power to replace fossil fuel, either in the rich or the developing world. It has come out with a whole set of reasons renewal power will never be the eventual solution.
8Fossil fuels will continue to play a major role in developing countries like it or not.
8By engaging with this reality and treating fossil fuels in a transparent and balanced way, the world can work to maximize the gains and minimize the harms from their use.
8Key priorities should be to make sure that LPG gets to as many households as possible and that environmental policies properly account for the climate and local pollution impacts of power generation, which will help gas compete with coal on a fairer playing ground.
8Interesting the university has argued that a developing country like India will be justifiably disinclined to impose a carbon price on themselves, so developed countries need to find policy mechanisms through which to shoulder the burden.
8For example, new gas plants in places like India could be paid a carbon price times the avoided emissions from using gas instead of coal for every megawatt-hour of electricity generated.|
8Assuming a modest delivered LNG price of $ 7/mmbtu given the likely oversupply of capacity over the intermediate future, a carbon price of $20–30/tonne of CO2 emission prevented is probably necessary to make gas competitive with coal in India.
8And this is the price that rich countries must shoulder.
Click on Reports for more Details
Ahead of the looming loss arising out of its LNG operations, GAIL is busy building up a consensus among stock brokerage houses and the media that it will be able to absorb the hit through higher profitability in its domestic operations.
8The company claims that the utilization of its Pata petrochemical plant -- whose capacity was doubled recently -- which stands at 70% now will be ramped up to 90%-100% in FY18/19.
8Gas transmission volumes will stand at around 108mmscmd in March 2017 v/s 103mmscmd in 3QFY17. Lead by higher fertilizer and industry demand, gas volumes are expected to up significantly in the coming years.
8Importantly, the gas major claims that the progress of the Vijaipur-Auraiya-Phulpur pipeline (VAPPL) and the massively ambitious Urja-Ganga project is on track and completion deadlines will be met.
8The CCEA approved postal tariff (as against zonal tariff) for the Jagadishpur-Haldia-Bokaro-Dhamra Natural Gas Pipeline. GAIL is in fact in favor of postal tariff for all its 14 pipeline networks.
8GAIL has appealed to the Delhi High Court against the Petroleum and Natural Gas Regulatory Board’s (PNGRB) attempt to fix tariff for pipelines. Recently, in response to an appeal by IGL, a GAIL affilaite, the Supreme Court (SC) announced a verdict that limited the PNGRB’s scope only to third-party gas transmission.
8While the PNGRB, in its final tariff order, may cut the tariff on the HVJ pipeline, GAIL claims that a postal tariff formula and the Supreme Court judgement will help stem losses from tariff cuts.
Comment: Even as there is a clarion call for reforms in gas infrastructure to shore up gas demand, GAIL seems be not just holding on but concentrating its monopoly grip on the sector. The call for separating its trading arm has been ignored by the government so far. Assisted by strong legal teams, the company has been pushing the legal system to consolidate its grip on the gas sector. Eventually GAIL's monopoly will yield more harm than benefit. And even as gas major launches an astute campaign to window dress the losses it is likely to face in its LNG operations, there is still a strong case for a full investigation into the decision making leading up to the acquisition of LNG capacity in US terminals.Click on Report Details
8The company claims that the utilization of its Pata petrochemical plant -- whose capacity was doubled recently -- which stands at 70% now will be ramped up to 90%-100% in FY18/19.
8Gas transmission volumes will stand at around 108mmscmd in March 2017 v/s 103mmscmd in 3QFY17. Lead by higher fertilizer and industry demand, gas volumes are expected to up significantly in the coming years.
8Importantly, the gas major claims that the progress of the Vijaipur-Auraiya-Phulpur pipeline (VAPPL) and the massively ambitious Urja-Ganga project is on track and completion deadlines will be met.
8The CCEA approved postal tariff (as against zonal tariff) for the Jagadishpur-Haldia-Bokaro-Dhamra Natural Gas Pipeline. GAIL is in fact in favor of postal tariff for all its 14 pipeline networks.
8GAIL has appealed to the Delhi High Court against the Petroleum and Natural Gas Regulatory Board’s (PNGRB) attempt to fix tariff for pipelines. Recently, in response to an appeal by IGL, a GAIL affilaite, the Supreme Court (SC) announced a verdict that limited the PNGRB’s scope only to third-party gas transmission.
8While the PNGRB, in its final tariff order, may cut the tariff on the HVJ pipeline, GAIL claims that a postal tariff formula and the Supreme Court judgement will help stem losses from tariff cuts.
Comment: Even as there is a clarion call for reforms in gas infrastructure to shore up gas demand, GAIL seems be not just holding on but concentrating its monopoly grip on the sector. The call for separating its trading arm has been ignored by the government so far. Assisted by strong legal teams, the company has been pushing the legal system to consolidate its grip on the gas sector. Eventually GAIL's monopoly will yield more harm than benefit. And even as gas major launches an astute campaign to window dress the losses it is likely to face in its LNG operations, there is still a strong case for a full investigation into the decision making leading up to the acquisition of LNG capacity in US terminals.Click on Report Details
8The website carries here an international manual that offers general criteria for the installation, operation, maintenance of gas piping and gas equipment on consumers’ premisesis. It is a supplement to the International Fuel Gas Code. Policy makers should take note of this document as there is an urgent need for evolving a similar code in India to promote the safe use of gas.Click on Report
8In an action that is likely to be some significance, the Tariff Authority for Major Ports has approved the ceiling upfront tariff rate for Stevedoring and Shore Handling Operations on an ad hoc basis as an interim arrangement at the Kandla Port Trust.Click on Report.
8Indian oil marketing companies must take serious note of a recent announcement by the Myanmar government that it will allow foreign investments in its retail fuel business. This announcement is important even as the winner has not been declared for the high-profile tender initiated by the previous USDP government for a partnership with Myanmar Petroleum Products Enterprise to run its 12 fuel stations in which three companies -- Indian Oil, Pertamina and Puma Energy -- were initially shortlisted.Click on Report.
8Investing in technologies that are agile, cloud-based and secure will be critical for pipeline asset owners and operators in order to sustain growth by taking advantage of abundant supply and increasing demand for natural gas. The time is opportune for these owners and operators to make strategic investments in forward-looking technologies that offer them scalability, flexibility and mobility.
Click on Reports for more Details
8In an action that is likely to be some significance, the Tariff Authority for Major Ports has approved the ceiling upfront tariff rate for Stevedoring and Shore Handling Operations on an ad hoc basis as an interim arrangement at the Kandla Port Trust.Click on Report.
8Indian oil marketing companies must take serious note of a recent announcement by the Myanmar government that it will allow foreign investments in its retail fuel business. This announcement is important even as the winner has not been declared for the high-profile tender initiated by the previous USDP government for a partnership with Myanmar Petroleum Products Enterprise to run its 12 fuel stations in which three companies -- Indian Oil, Pertamina and Puma Energy -- were initially shortlisted.Click on Report.
8Investing in technologies that are agile, cloud-based and secure will be critical for pipeline asset owners and operators in order to sustain growth by taking advantage of abundant supply and increasing demand for natural gas. The time is opportune for these owners and operators to make strategic investments in forward-looking technologies that offer them scalability, flexibility and mobility.
Click on Reports for more Details
Governmental policies have become a factor in Malaysia’s Petronas withholding final word on whether it will proceed with a proposed LNG gas plant on the British Columbia coast
8Petronas, which won conditional Canadian government approval in September after three years of regulatory review, is currently reassessing the project’s costs.
8The approval came with 190 conditions, including a cap on greenhouse-gas emissions.
8Petronas is the majority owner of the multibillion-dollar Pacific NorthWest LNG project, which could produce as much as 19.2 mtpa of the fuel, or about 8% of 2015’s global trade.
8Its partners are China Petrochemical Corp., Japan Petroleum Exploration Co., Indian Oil Corp. and Brunei National Petroleum Co.
Click on Reports for more Details
8Petronas, which won conditional Canadian government approval in September after three years of regulatory review, is currently reassessing the project’s costs.
8The approval came with 190 conditions, including a cap on greenhouse-gas emissions.
8Petronas is the majority owner of the multibillion-dollar Pacific NorthWest LNG project, which could produce as much as 19.2 mtpa of the fuel, or about 8% of 2015’s global trade.
8Its partners are China Petrochemical Corp., Japan Petroleum Exploration Co., Indian Oil Corp. and Brunei National Petroleum Co.
Click on Reports for more Details
Even as the world scorns the use of coal, Underground Coal Gasification is a viable option for large-scale syngas production for indigenous coal in a country like India.
8The website carries here a paper that highlights why UCG is still very relevant today, particularly for India.
8The latest worldwide developments are highlighted, as well as leading future UGC projects in 2017
8The technology that enables coal, in situ, to be converted into syngas, by partial oxidation has improved dramatically over the years
8The engineering needed for UCG is discussed in detail as also managing risks in the Indian context
8Correct site characterisation for UCG is critical and key technologies are around process and environmental control, risk assessment, monitoring and modelling.
Click on Reports for more Details
8The website carries here a paper that highlights why UCG is still very relevant today, particularly for India.
8The latest worldwide developments are highlighted, as well as leading future UGC projects in 2017
8The technology that enables coal, in situ, to be converted into syngas, by partial oxidation has improved dramatically over the years
8The engineering needed for UCG is discussed in detail as also managing risks in the Indian context
8Correct site characterisation for UCG is critical and key technologies are around process and environmental control, risk assessment, monitoring and modelling.
Click on Reports for more Details
Given increasing risks, the Joint Venture route has been found to be the best way to hold LNG assets, both at the supply and receiving end
8A recent survey has shown that operating JVs have the opportunity to achieve a 21–36 percent unit operating cost improvement in LNG assets.
8The JV model allows for quick adoption to fast-changing global business operating models while saving cost by eliminating inconsistent management and operating models
Click on Reports for more Details
8A recent survey has shown that operating JVs have the opportunity to achieve a 21–36 percent unit operating cost improvement in LNG assets.
8The JV model allows for quick adoption to fast-changing global business operating models while saving cost by eliminating inconsistent management and operating models
Click on Reports for more Details
8Full details on a 51 MW Combined Cycle Power plant in a gas processing plant coming up.
8A full report on an LNG bottling plant that is coming up and RFQs are to be announced soon
Click on Reports for more Details
8A full report on an LNG bottling plant that is coming up and RFQs are to be announced soon
Click on Reports for more Details
An operator is expected to launch the pre qualification offer in 2nd quarter of 2017 for EPC contractors for engineering, procurement, fabrication and installations for the following items in a multi billion dollar offshore development project
8Subsea trees
8Subsea Controls
8Distribution system
8Subsea manifold
8Tie in system
8Topside Based Subsea Control system.
The shortlisted companies will be further involved in the tendering process.
Click on Details for key contacts Details
8Subsea trees
8Subsea Controls
8Distribution system
8Subsea manifold
8Tie in system
8Topside Based Subsea Control system.
The shortlisted companies will be further involved in the tendering process.
Click on Details for key contacts Details
8An upcoming refinery shutdown is coming up and maintenance work is likely in its DHDT unit.
-- The maintenance work is mostly involve replacement of piping equipment
8Expansion of LPG Plant: RFQs will be floated by May,2017
-- 1800 MT expansion project of LPG Bottling plant is coming up
8Civil works is currently going on in a low expansion in an existing refinery
8An LPG storage project is coming up with a price tag of Rs 122 crore
-- RFQs are to be floated in May, 2017
8Another 184 Crore LPG terminal is coming up
RFQs to be floated by April, 2017
8New storage tanks : RFQs will be floated by April, 2017
Click on Details for more Details
-- The maintenance work is mostly involve replacement of piping equipment
8Expansion of LPG Plant: RFQs will be floated by May,2017
-- 1800 MT expansion project of LPG Bottling plant is coming up
8Civil works is currently going on in a low expansion in an existing refinery
8An LPG storage project is coming up with a price tag of Rs 122 crore
-- RFQs are to be floated in May, 2017
8Another 184 Crore LPG terminal is coming up
RFQs to be floated by April, 2017
8New storage tanks : RFQs will be floated by April, 2017
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Carrying out Mechanical Treatment of Oily sludge at refinery Details
8Retrofit of intelligent actuators for CPP and OMS along with supervision for installation and commissioning Details
8Procurement of Tri Ethylene Glycol to OGT for KG-OSN-2001/3 Block Details
8Supply of coating materials, Coating Refurbishment of pipeline including re-coating of buried Block valves Details
8Procurement of Washover Pipes with accessories Details
8Supply of Online Hydrogen Analyser at refinery Details
8Agency for Visual Examination and Certification of Pressure Vessels of refinery Details
8Annual Rate Contract for Hiring of Agency for EPMC and Construction Supervision Work for CGD Project Details
8Carrying out QRA study of seven product pipelines Details
8ARC for Maintenance of Mainline facilities in MPPL and VKPL Details
8Procurement of Heat Exchanger for Purge Gas Condenser and Purge Hexane Accumulator Vent Condenser Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Oil tanker workers begin indefinite strike for minimum wages in Assam Details
8Govt collects Rs 21,129 crore as Clean Environment Cess in Apr-Jan Details
8Saudi king's Asia tour trumpets state-run Aramco's moves downstream Details
8Govt to sign oil & gas field contracts on Monday Details
8Beset by delays, Myanmar-China oil pipeline nears start-up Details
8Oil companies to face higher tax burden under GST: Parliamentary panel Details
8Dharmendra Pradhan assures Mauritius of continuous support in meeting energy requirement Details
8Why Chabahar Deal is so important for India? Details
8Russia remains world’s top oil producer in January Details
8Bring commercial & domestic LPG under equivalent tax rates in GST, demands Indian Auto LPG Coalition (IAC) Details
You can also click on Newsclips for more Details
8Carrying out Mechanical Treatment of Oily sludge at refinery Details
8Retrofit of intelligent actuators for CPP and OMS along with supervision for installation and commissioning Details
8Procurement of Tri Ethylene Glycol to OGT for KG-OSN-2001/3 Block Details
8Supply of coating materials, Coating Refurbishment of pipeline including re-coating of buried Block valves Details
8Procurement of Washover Pipes with accessories Details
8Supply of Online Hydrogen Analyser at refinery Details
8Agency for Visual Examination and Certification of Pressure Vessels of refinery Details
8Annual Rate Contract for Hiring of Agency for EPMC and Construction Supervision Work for CGD Project Details
8Carrying out QRA study of seven product pipelines Details
8ARC for Maintenance of Mainline facilities in MPPL and VKPL Details
8Procurement of Heat Exchanger for Purge Gas Condenser and Purge Hexane Accumulator Vent Condenser Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Oil tanker workers begin indefinite strike for minimum wages in Assam Details
8Govt collects Rs 21,129 crore as Clean Environment Cess in Apr-Jan Details
8Saudi king's Asia tour trumpets state-run Aramco's moves downstream Details
8Govt to sign oil & gas field contracts on Monday Details
8Beset by delays, Myanmar-China oil pipeline nears start-up Details
8Oil companies to face higher tax burden under GST: Parliamentary panel Details
8Dharmendra Pradhan assures Mauritius of continuous support in meeting energy requirement Details
8Why Chabahar Deal is so important for India? Details
8Russia remains world’s top oil producer in January Details
8Bring commercial & domestic LPG under equivalent tax rates in GST, demands Indian Auto LPG Coalition (IAC) Details
You can also click on Newsclips for more Details
For reference purposes the website carries here the following tenders:
8Supply of Natural Gas/ RLNG for Non-urea Activity Details
8Supply of Gas Chromatographs along with all accessories Details
8Hiring of Steel Storage Tanks Services on Callout basis for Onshore Blocks Details
8Laying of NB Gas Pipeline Details
8Procurement of Bio Diesel at OMC locations Details
8Procurement of High Speed Diesel Details
8EOI for Technical Evaluation of Blocks for examining their suitability for undertaking Underground Coal Gasification projects Details
8Procurement of spares for Gas Monitoring System Bottling Plant Details
8Providing EPCM Services for BS-VI and CRU Project at refinery Details
8Hiring of Project Management Consultant for NELP Block KG-DWN-98/2 Details
8Carrying out Turnaround jobs of Tatipaka Refinery on LSTK Basis Details
8Providing Civil Works and Post Rig Building works at "MDDD" Drill Site Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8East Timor to elect new president as oil revenues rapidly run dry Details
8Global crude oil prices drop on rise in U.S. drilling, steady supplies from OPEC Details
8L&T arm wins Rs 1,656 crore contract from ONGC Details
8RIL's KG-D6 gas output drops to 9% of target: Pradhan Details
8Efforts on to reduce crude oil imports: Dharmendra Pradhan Details
8Pune petro pumps under Income Tax scanner for irregularities during demonetisation period Details
8Twenty million new cooking gas connections given since 2014: Government Details
8In diversification bid, Coal India plans to produce petroleum oil in Jharkhand Details
8U.S. supply concerns keep oil prices under pressure Details
8Oil companies’ mergers: Indian Oil Corporation chairman B Ashok says ‘Worthwhile to look at the possibilities’ Details
8State-run oil companies exceed combined annual capex targets Details
You can also click on Newsclips for more Details
8Supply of Natural Gas/ RLNG for Non-urea Activity Details
8Supply of Gas Chromatographs along with all accessories Details
8Hiring of Steel Storage Tanks Services on Callout basis for Onshore Blocks Details
8Laying of NB Gas Pipeline Details
8Procurement of Bio Diesel at OMC locations Details
8Procurement of High Speed Diesel Details
8EOI for Technical Evaluation of Blocks for examining their suitability for undertaking Underground Coal Gasification projects Details
8Procurement of spares for Gas Monitoring System Bottling Plant Details
8Providing EPCM Services for BS-VI and CRU Project at refinery Details
8Hiring of Project Management Consultant for NELP Block KG-DWN-98/2 Details
8Carrying out Turnaround jobs of Tatipaka Refinery on LSTK Basis Details
8Providing Civil Works and Post Rig Building works at "MDDD" Drill Site Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8East Timor to elect new president as oil revenues rapidly run dry Details
8Global crude oil prices drop on rise in U.S. drilling, steady supplies from OPEC Details
8L&T arm wins Rs 1,656 crore contract from ONGC Details
8RIL's KG-D6 gas output drops to 9% of target: Pradhan Details
8Efforts on to reduce crude oil imports: Dharmendra Pradhan Details
8Pune petro pumps under Income Tax scanner for irregularities during demonetisation period Details
8Twenty million new cooking gas connections given since 2014: Government Details
8In diversification bid, Coal India plans to produce petroleum oil in Jharkhand Details
8U.S. supply concerns keep oil prices under pressure Details
8Oil companies’ mergers: Indian Oil Corporation chairman B Ashok says ‘Worthwhile to look at the possibilities’ Details
8State-run oil companies exceed combined annual capex targets Details
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Find out how Mexico came to the rescue of the Sabine Pass LNG terminal in the US when demand went limb in South Amercia
8LNG supplies from Sabine Pass will increase in the coming months when the third train goes into production in the US terminal
8Find out more on what is going on here, particularly with GAIL offtake agreement looming ahead
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8LNG supplies from Sabine Pass will increase in the coming months when the third train goes into production in the US terminal
8Find out more on what is going on here, particularly with GAIL offtake agreement looming ahead
Click on Reports for more Details
Even as Australia emerges as one of the world's largest suppliers of LNG, a company is trying to build the country's first LNG import terminal.
8Find out more on why this is happening
8The idea seems to be to have an FRSU that will work only for a part of the year and not the entire year as an import terminal
8In a general sense, like with petroleum products, will simultaneous import and export of LNG be a fact of life?
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8Find out more on why this is happening
8The idea seems to be to have an FRSU that will work only for a part of the year and not the entire year as an import terminal
8In a general sense, like with petroleum products, will simultaneous import and export of LNG be a fact of life?
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LNG contract optimization has become a challenging new area for both suppliers and importers of LNG
8Overall, the LNG industry is bracing itself for a new era under buyer power and fueled by a new set of non-traditional buyers and buyer expectations, and traditional Asian LNG demand growth beginning to slow and a proliferation of new LNG supply projects entering the market.
The following characteristics are being noticed:
-- Increased demands from buyers for locational and lifting flexibility
-- Spot pricing embedded in long term contracts
-- Increase in spot market volumes, as buyers seek to diversify portfolio away from long-term contracts
--Push to reduced pricing formulas and inclusion of non-oil/alternate fuel pricing (e.g. HH)
--Burgeoning growth of hedgeable instruments and derivative markets (e.g. Asia)
-- Evolution of new derivative instruments (e.g. location swaps)
-- Anticipated increase in uncontracted volumes
-- Megamerger of Chubu-Tepco — setting the tone for a ‘buyer’s market’ and consolidation of interests with a need for sellers to respond in kind to buyer segmentation and exposure
-- Increased risk-taking from sellers to ensure volumes are placed. New buyers with reduced credit worthiness, requiring credit enhancement or taking on additional risk appetite, capacity and mitigation
-- Russian oversupply: threat of Russia swamping the European market with gas (impacting US LNG exports).
Click on Reports for more Details
8Overall, the LNG industry is bracing itself for a new era under buyer power and fueled by a new set of non-traditional buyers and buyer expectations, and traditional Asian LNG demand growth beginning to slow and a proliferation of new LNG supply projects entering the market.
The following characteristics are being noticed:
-- Increased demands from buyers for locational and lifting flexibility
-- Spot pricing embedded in long term contracts
-- Increase in spot market volumes, as buyers seek to diversify portfolio away from long-term contracts
--Push to reduced pricing formulas and inclusion of non-oil/alternate fuel pricing (e.g. HH)
--Burgeoning growth of hedgeable instruments and derivative markets (e.g. Asia)
-- Evolution of new derivative instruments (e.g. location swaps)
-- Anticipated increase in uncontracted volumes
-- Megamerger of Chubu-Tepco — setting the tone for a ‘buyer’s market’ and consolidation of interests with a need for sellers to respond in kind to buyer segmentation and exposure
-- Increased risk-taking from sellers to ensure volumes are placed. New buyers with reduced credit worthiness, requiring credit enhancement or taking on additional risk appetite, capacity and mitigation
-- Russian oversupply: threat of Russia swamping the European market with gas (impacting US LNG exports).
Click on Reports for more Details
Did ONGC Videsh miss out on picking up a bigger pie in Myanmar's E&P acreages
8Myanmar, which was previously off limits to most IOCs because of international sanctions, could have a potential gas resource close to 849.6 bcm according to the government.
8OVL had the opportunity to take over acreages when the sanctions were there but did not fully take advantage of the situation
8International ompanies are now eying Mynamar with increasing interest
8Several wild cat and appraisal wells will be drilled off Myanmar this year as operators including Woodside Petroleum, Total and Shell start to mature blocks awarded from the hugely successful 2013 bid round.
8Earlier this month Total announced it was farming into a 50% stake in Thai NOC PTTEP’s deepwater Block MD-7 and that exploration drilling was a possibility.
Click on Reports to find out more on what is going on in Myanmar
Details
8Myanmar, which was previously off limits to most IOCs because of international sanctions, could have a potential gas resource close to 849.6 bcm according to the government.
8OVL had the opportunity to take over acreages when the sanctions were there but did not fully take advantage of the situation
8International ompanies are now eying Mynamar with increasing interest
8Several wild cat and appraisal wells will be drilled off Myanmar this year as operators including Woodside Petroleum, Total and Shell start to mature blocks awarded from the hugely successful 2013 bid round.
8Earlier this month Total announced it was farming into a 50% stake in Thai NOC PTTEP’s deepwater Block MD-7 and that exploration drilling was a possibility.
Click on Reports to find out more on what is going on in Myanmar
Details
Armed with new CNG technology, companies are targeted India as a destination
8Strong India demand is seen as an incentive
8What has been found particularly attractive is the Indian government's recently outlined Gas4India campaign in which one of the stated goals is to increase the energy mix from 6.5% natural gas to 15%, supported by a nationwide gas grid and setting up gas infrastructure.
8India’s net imports of gas will only continue to rise as the country switches to cleaner fuels.
8Suppliers believe a delivered CNG price will be competitive against current LNG import prices for gas fired power plants.
8Suppliers are also aiming at Pakistan, while countries like Sri Lanka are just getting started on gas infrastructure
8Supply of CNG could come from places such as Indonesia where identified stranded proven gas fields remain uneconomic due to the nature of the gas markets within Indonesia and limited transport infrastructure solutions. A low capital cost CNG solution that can transport smaller volumes to multiple destinations is where the focus is as of the moment.
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Details
8Strong India demand is seen as an incentive
8What has been found particularly attractive is the Indian government's recently outlined Gas4India campaign in which one of the stated goals is to increase the energy mix from 6.5% natural gas to 15%, supported by a nationwide gas grid and setting up gas infrastructure.
8India’s net imports of gas will only continue to rise as the country switches to cleaner fuels.
8Suppliers believe a delivered CNG price will be competitive against current LNG import prices for gas fired power plants.
8Suppliers are also aiming at Pakistan, while countries like Sri Lanka are just getting started on gas infrastructure
8Supply of CNG could come from places such as Indonesia where identified stranded proven gas fields remain uneconomic due to the nature of the gas markets within Indonesia and limited transport infrastructure solutions. A low capital cost CNG solution that can transport smaller volumes to multiple destinations is where the focus is as of the moment.
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Details
New technology is making CNG competitive to LNG, so much so that CNG can in fact emerge as a substitute to LNG as a way of transporting gas.
8New CNG carriage technology use carbon steel pressure vessels which allow conventional pressure vessel fabrication (no coiling or fiberglass winding and no single-sourced fabrication) to be highly efficient.What is more less containment steel reduces total ship weight and related fuel use.
CNG will have an advantage under the following conditions:
8Markets located where pipelines have economic or geopolitical constraints.
8Supply sources not large enough to justify the high capital investment required for LNG projects.
8Offtake gas directly from offshore production facilities, including in deep and ultra-deep waters.
8Replace fuel oil and diesel with natural gas in “stranded” markets.
8Offtake the associated gas from oil production fields.
8Produce and transport gas from extended oil well tests and early production systems.
8Serve as an “all-in-one” gas production host and transport system for remote fields.
CNG is often compared with LNG, as both are large volume, marine-based gas transport solutions.However, these two technologies typically target different sectors of both supply sources and energy markets. In summary, the major differences include:
8CNG projects do not require the large capital investments for massively expensive liquefaction and regasification plants. Thus, the overall supply chain project is typically an order of magnitude less expensive.
8Footprint and environmental impact is much less for CNG terminals than for LNG terminals.
8LNG often requires expensive pre-processing of the supply gas to a much higher degree than required for CNG to remove components such as mercury and CO2.
8CNG does not experience “boil off” gas emissions from ships and storage facilities.
8Transportation of CNG is typically more energy efficient than LNG.
8In summary, CNG targets small-to-medium sized regional gas delivery projects, while LNG must be geared toward large scale, long haul projects.
Click on Reports for more Details
8New CNG carriage technology use carbon steel pressure vessels which allow conventional pressure vessel fabrication (no coiling or fiberglass winding and no single-sourced fabrication) to be highly efficient.What is more less containment steel reduces total ship weight and related fuel use.
CNG will have an advantage under the following conditions:
8Markets located where pipelines have economic or geopolitical constraints.
8Supply sources not large enough to justify the high capital investment required for LNG projects.
8Offtake gas directly from offshore production facilities, including in deep and ultra-deep waters.
8Replace fuel oil and diesel with natural gas in “stranded” markets.
8Offtake the associated gas from oil production fields.
8Produce and transport gas from extended oil well tests and early production systems.
8Serve as an “all-in-one” gas production host and transport system for remote fields.
CNG is often compared with LNG, as both are large volume, marine-based gas transport solutions.However, these two technologies typically target different sectors of both supply sources and energy markets. In summary, the major differences include:
8CNG projects do not require the large capital investments for massively expensive liquefaction and regasification plants. Thus, the overall supply chain project is typically an order of magnitude less expensive.
8Footprint and environmental impact is much less for CNG terminals than for LNG terminals.
8LNG often requires expensive pre-processing of the supply gas to a much higher degree than required for CNG to remove components such as mercury and CO2.
8CNG does not experience “boil off” gas emissions from ships and storage facilities.
8Transportation of CNG is typically more energy efficient than LNG.
8In summary, CNG targets small-to-medium sized regional gas delivery projects, while LNG must be geared toward large scale, long haul projects.
Click on Reports for more Details
India does not figure in the top 10 LPG markets when ranked by demand for chemical use of LPG
8Data shows that global ethylene demand is growing mainly based on use of ethane
8But typical yields of ethylene cracker feedstocks shows that ethane has a much higher yield to ethylene than heavier feedstocks
8In North East Asia, ethylene production growth is coming mainly from naphtha and coal
8The outlook up to 2025 shows that the US will remain the world's largest LPG exporting country. A country-wise export projection is given here up to 2025
8The dramatic increase in US exports have resulted in major changes in global LPG trade flows
8The Middle East will continue to dominate imports to South East Asia
8The Middle East is ideally situated to supply to India and therefore has a monopoly
The other conclusions of the projectiosn are:
8Water borne LPG exports have become increasingly rich in propane
8Propane prices have weakened against crude oil for about a decade
8US propane prices for example have been depressed by a lack of export terminal infrastructurermal butane prices will also need to maintain a differential to other global benchmarks
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8Data shows that global ethylene demand is growing mainly based on use of ethane
8But typical yields of ethylene cracker feedstocks shows that ethane has a much higher yield to ethylene than heavier feedstocks
8In North East Asia, ethylene production growth is coming mainly from naphtha and coal
8The outlook up to 2025 shows that the US will remain the world's largest LPG exporting country. A country-wise export projection is given here up to 2025
8The dramatic increase in US exports have resulted in major changes in global LPG trade flows
8The Middle East will continue to dominate imports to South East Asia
8The Middle East is ideally situated to supply to India and therefore has a monopoly
The other conclusions of the projectiosn are:
8Water borne LPG exports have become increasingly rich in propane
8Propane prices have weakened against crude oil for about a decade
8US propane prices for example have been depressed by a lack of export terminal infrastructurermal butane prices will also need to maintain a differential to other global benchmarks
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LPG production is expected to remain strong globally, with the US/Canada and the Middle East showing increases in production right up to 2025.
8While Middle East production will continue to grow strongly, a big chunk will be consumed internally
8On the other hand, global LPG demand will also grow, led by Asia and Middle East
82025 projections show residential and commercial LPG demand growing steadily but demand for LPG for use in chemicals and petrochemicals will grow faster
8Roughly half of the global demand up to 2025 is in five countries, including India.
8China and India are the major drivers of global residential and commercial demand growth
8China's demand will be a mixture of both while India's will be almost entirely residential and commercial.
8The US will export propane because domestic demand can't keep up with shale-based production, even at lower oil prices. Exports will also go up as domestic demand get saturated and export terminals become available
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8While Middle East production will continue to grow strongly, a big chunk will be consumed internally
8On the other hand, global LPG demand will also grow, led by Asia and Middle East
82025 projections show residential and commercial LPG demand growing steadily but demand for LPG for use in chemicals and petrochemicals will grow faster
8Roughly half of the global demand up to 2025 is in five countries, including India.
8China and India are the major drivers of global residential and commercial demand growth
8China's demand will be a mixture of both while India's will be almost entirely residential and commercial.
8The US will export propane because domestic demand can't keep up with shale-based production, even at lower oil prices. Exports will also go up as domestic demand get saturated and export terminals become available
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POL storage: TOR expected by June, 2017
8PFR has been already done. Construction of three new product storage tanks and associated facilities for storage & handling of ethanol & bio-diesel is about Rs. 17.01 crore. RFQs are expected
A new 2G Bio Ethanol refinery is coming up: Consultant to be hired soon
8Capacity of 2G Bio Ethanol Refinery will be 100 KLPD. The likely feedstock for 2G Ethanol Bio-refinery would be
-- Soya husk
-- Wheat straw
-- Corn cobs.
Expansion work in DHDS unit: RFQs will be floted by April,2017
8Expansion of 0.54 MMTPA in a DHDS unit. Phase 1 The cost of the proposed project is Rs. 367.11 crore
New product pipeline is coming up: RFQs will be floated by May, 2017
8EC is granted for the project. Total costing of the project is Rs. 640 crore
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8PFR has been already done. Construction of three new product storage tanks and associated facilities for storage & handling of ethanol & bio-diesel is about Rs. 17.01 crore. RFQs are expected
A new 2G Bio Ethanol refinery is coming up: Consultant to be hired soon
8Capacity of 2G Bio Ethanol Refinery will be 100 KLPD. The likely feedstock for 2G Ethanol Bio-refinery would be
-- Soya husk
-- Wheat straw
-- Corn cobs.
Expansion work in DHDS unit: RFQs will be floted by April,2017
8Expansion of 0.54 MMTPA in a DHDS unit. Phase 1 The cost of the proposed project is Rs. 367.11 crore
New product pipeline is coming up: RFQs will be floated by May, 2017
8EC is granted for the project. Total costing of the project is Rs. 640 crore
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Procurement of Gas Detection System Details
8Supply of Standard Gas Mixture and Helium Gas Details
8Preparation of Detailed Feasibility Report for setting up 2G Ethanol Bio-refineries Details
8Supply of Know How Basic Design Engineering Package and other related services for conducting RA And EIA studies for Indjet Unit at refinery Details
8Supply of Galvanized Pipes at refinery Details
8NDT inspection, Hydro testing and Certification of Mounded Bullets and Hydrogen Bullet and Safety valve as per SMPV Rules at refinery Details
8Pipeline Route Survey for the project jumper pipeline between IOCL, KDPL and OPAL pipeline Details
8Carrying out Online Pipe Rehabilitation and Pipe leak arresting for 54" Flare line Details
8Hiring of Services for Transportation of Drilling Rig Details
8Supply, Installation, Testing and Demonstration of Noble Gas Mass Spectrometer Details
8Purchase of Online Gas Chromatograph for C2 metering Details
8Procurement of Slotted Gas Outlet Pipe of Cracker Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ONGC signs pact to buy out GSPC's KG block stake for $1.2 billion Details
8India should revive IPI pipeline: Par Panel Details
8Russia to cut oil output by 300,000 bpd by end-April - Energy Minister Details
8French Total held discussions with Iran's NIOC over LNG project -filing Details
8It is time for reverse brain drain to India: RIL Chairman Mukesh Ambani Details
8Dharmendra Pradhan reaches out to Odisha with PM's energy lifeline Details
8Merger on table for rightist parties in Canada's oil-heartland Alberta Details
8Guyana to continue oil exploration in disputed border zone despite opposition Details
8World Bank indirectly backs harmful South-East Asian projects: report Details
8Dharmendra Pradhan launches city gas distribution project for Cuttack, Bhubaneshwar Details
8Parliamentary panel examining ONGC gas flowing into RIL fields Details
8Australian Deputy Prime Minister flags lifting natural gas drilling bans Details
8Libya's Waha oil field resumes pumping after stoppage due to clashes- engineer Details
You can also click on Newsclips for more Details
8Procurement of Gas Detection System Details
8Supply of Standard Gas Mixture and Helium Gas Details
8Preparation of Detailed Feasibility Report for setting up 2G Ethanol Bio-refineries Details
8Supply of Know How Basic Design Engineering Package and other related services for conducting RA And EIA studies for Indjet Unit at refinery Details
8Supply of Galvanized Pipes at refinery Details
8NDT inspection, Hydro testing and Certification of Mounded Bullets and Hydrogen Bullet and Safety valve as per SMPV Rules at refinery Details
8Pipeline Route Survey for the project jumper pipeline between IOCL, KDPL and OPAL pipeline Details
8Carrying out Online Pipe Rehabilitation and Pipe leak arresting for 54" Flare line Details
8Hiring of Services for Transportation of Drilling Rig Details
8Supply, Installation, Testing and Demonstration of Noble Gas Mass Spectrometer Details
8Purchase of Online Gas Chromatograph for C2 metering Details
8Procurement of Slotted Gas Outlet Pipe of Cracker Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ONGC signs pact to buy out GSPC's KG block stake for $1.2 billion Details
8India should revive IPI pipeline: Par Panel Details
8Russia to cut oil output by 300,000 bpd by end-April - Energy Minister Details
8French Total held discussions with Iran's NIOC over LNG project -filing Details
8It is time for reverse brain drain to India: RIL Chairman Mukesh Ambani Details
8Dharmendra Pradhan reaches out to Odisha with PM's energy lifeline Details
8Merger on table for rightist parties in Canada's oil-heartland Alberta Details
8Guyana to continue oil exploration in disputed border zone despite opposition Details
8World Bank indirectly backs harmful South-East Asian projects: report Details
8Dharmendra Pradhan launches city gas distribution project for Cuttack, Bhubaneshwar Details
8Parliamentary panel examining ONGC gas flowing into RIL fields Details
8Australian Deputy Prime Minister flags lifting natural gas drilling bans Details
8Libya's Waha oil field resumes pumping after stoppage due to clashes- engineer Details
You can also click on Newsclips for more Details
The scale of investment by ONGC in KG offshore is a staggering high
8According to the latest data, the total envisaged investment is in the range of Rs 70,000 crore
8All within a limited period of time
8While the Rs 34,000 crore in the KG-DWN-98/2 outlay remains the biggest so far in the basin, there are other big ticket offshore clusters where the potential investment are expected to be very high indeed
8Then again in the KG Basin onland blocks, the total investment price tag is Rs 10,000 crore.
8So that is a lot of investment -- totaling up to Rs 80,000 crore -- concentrated around Andhra Pradesh and the offshore areas around it
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8According to the latest data, the total envisaged investment is in the range of Rs 70,000 crore
8All within a limited period of time
8While the Rs 34,000 crore in the KG-DWN-98/2 outlay remains the biggest so far in the basin, there are other big ticket offshore clusters where the potential investment are expected to be very high indeed
8Then again in the KG Basin onland blocks, the total investment price tag is Rs 10,000 crore.
8So that is a lot of investment -- totaling up to Rs 80,000 crore -- concentrated around Andhra Pradesh and the offshore areas around it
Click on Reports for more Details
The website carries here a host of E&P related data, including exhaustive information on:
8How the upstream sector has evolved in India
8Pre-NELP and NELP blocks under operation by NOCs and JVs
8Blocks awarded under NELP
8Current status of blocks under NELP
8Prominent features of the four E&P regimes: Nomination, Pre-NELP Exploration, Pre-NELP Discovered and NELP rounds
8Details of progressive modifications of Terms & Conditions in Different NELP Rounds
8Hydrocarbon Exploration and Licensing Policy, full details and its implications
8Salient features of Made in India initiative in oil & gas sector, multi-client seismic surveys, reassessment of hydrocarbon assets, appraisal of unappraised hydrocarbon basins and the National Data Repository
8Exploratory efforts till date under Nomination & PSC regimes
8Specific details of development wells drilled
8Full details of new prospect/pool discoveries
8Basin-wise, operator-wise production of oil and gas
8Fields which have come on production recently
8Synopsis of E&P efforts made since inception
8Exploratory efforts by private E&P companies, Indian and foreign, since inception
8Basin wise discoveries under various exploratory regimes
8Details of oil and gas discoveries under Pre-NELP regime
8Details of oil and gas discoveries under NELP regime as on 31.03.2016
8Geoscientific Surveys till date by DGH, as also a spatial display map of such activity
8Gravity-magnetic surveys and other geophysical surveys
8Basin-wise prognosticated hydrocarbon resources
8In-place volume and ultimate reserves under the PSC regime
8Basin-wise, state-wise in-place volume and ultimate reserve trends under the PSC regime
8Comprehensive reserve replacement ratios in the Indian context
8Cold bed methane: A full set of data
8Latest status on CBM Blocks
8Gas hydrates, shale oil and UCG: Latest developments
8Exploration: Details of hundreds of latest technologies adopted
8Details of blocks awarded, areas relinquished and present areas
8Details of PELs operated by E&P companies
8Comprehensive information on nomination ML areas operated by OIL and ONGC
8ML areas in operations under the PSC regime
Click on Reports for more Details
8How the upstream sector has evolved in India
8Pre-NELP and NELP blocks under operation by NOCs and JVs
8Blocks awarded under NELP
8Current status of blocks under NELP
8Prominent features of the four E&P regimes: Nomination, Pre-NELP Exploration, Pre-NELP Discovered and NELP rounds
8Details of progressive modifications of Terms & Conditions in Different NELP Rounds
8Hydrocarbon Exploration and Licensing Policy, full details and its implications
8Salient features of Made in India initiative in oil & gas sector, multi-client seismic surveys, reassessment of hydrocarbon assets, appraisal of unappraised hydrocarbon basins and the National Data Repository
8Exploratory efforts till date under Nomination & PSC regimes
8Specific details of development wells drilled
8Full details of new prospect/pool discoveries
8Basin-wise, operator-wise production of oil and gas
8Fields which have come on production recently
8Synopsis of E&P efforts made since inception
8Exploratory efforts by private E&P companies, Indian and foreign, since inception
8Basin wise discoveries under various exploratory regimes
8Details of oil and gas discoveries under Pre-NELP regime
8Details of oil and gas discoveries under NELP regime as on 31.03.2016
8Geoscientific Surveys till date by DGH, as also a spatial display map of such activity
8Gravity-magnetic surveys and other geophysical surveys
8Basin-wise prognosticated hydrocarbon resources
8In-place volume and ultimate reserves under the PSC regime
8Basin-wise, state-wise in-place volume and ultimate reserve trends under the PSC regime
8Comprehensive reserve replacement ratios in the Indian context
8Cold bed methane: A full set of data
8Latest status on CBM Blocks
8Gas hydrates, shale oil and UCG: Latest developments
8Exploration: Details of hundreds of latest technologies adopted
8Details of blocks awarded, areas relinquished and present areas
8Details of PELs operated by E&P companies
8Comprehensive information on nomination ML areas operated by OIL and ONGC
8ML areas in operations under the PSC regime
Click on Reports for more Details
An interesting study has established that the costs of of low carbon technologies in most energy intensive sectors are considerably lower in China and India than in Europe, and often below those of conventional technologies, indicating extensive untapped energy efficiency improvements.
8Consequently, positive output effects emerge in almost all energy intensive sectors in China and India.
8The study has clear implications for energy policy design in India
8Since deploying energy efficient technologies leads to reduced carbon emissions but also increases international competitiveness and such ow-cost options are available for India, policy planners are well advised to foster their implementation.
8This would require a mix of policy instruments to mobilize capital investments by reducing investment risks, including legislation on energy activities and energy use (e.g., efficiency standards), fiscal policies (subsidies for energy efficiency improvements or carbon taxes), clear long-term low-carbon energy policy roadmaps, and strengthening investment in research and development of low-carbon technology options.
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8Consequently, positive output effects emerge in almost all energy intensive sectors in China and India.
8The study has clear implications for energy policy design in India
8Since deploying energy efficient technologies leads to reduced carbon emissions but also increases international competitiveness and such ow-cost options are available for India, policy planners are well advised to foster their implementation.
8This would require a mix of policy instruments to mobilize capital investments by reducing investment risks, including legislation on energy activities and energy use (e.g., efficiency standards), fiscal policies (subsidies for energy efficiency improvements or carbon taxes), clear long-term low-carbon energy policy roadmaps, and strengthening investment in research and development of low-carbon technology options.
Click on Reports for more Details
