Reliance Naval and Engineering Limited (RNAVAL), formerly known as Pipavav Shipyard Limited, claims to be capable of building high-quality ships at par with world’s top shipyards. 8The Anil Ambani run company can assemble ships up to 400,000 dwt 8It is also being developed into a repair hub for ships 8At a time when there is a global glut in shipbuilding capacity, the company will find it tough to elicit interest internationally 8Can local nomination orders from the government and public sector companies can keep it going? Click on Reports for a detailed reportDetails
The government is changing its environmental rules surrounding the Coastal Regulation Zone 8This will have repercussions for oil & gas companies as new rules are being formulated 8Find out how it will impact you Click on Reports for more Details
8Project Name: Greenfield LPG Pipeline Project 8Project Cost: Rs 900 crore 8Project Description: The owner is planning to lay the pipeline with a length of 700 km approximately. There is a slight delay in land acquisition in the route due to local agitation. 8Project Event: RFQ for the PMC contractor is expected by June 2018. 8Expenditure Approval : Q3:2015 8RFQ Date : Jun/2018 8Release Date: Jul/2018 8Start Date : Q4:2018 8Completion Date : Q4:2021 Click here for more details for pipeline configuration details and key contactsDetails
8Project Name: Gas pipeline 8Project Cost: Rs 3500 crore 8Project Description: Owner along with its contractor is carrying out construction activities. A delay in trenching and laying work due to land acquisition is noticed. 8Project Event: RFQ for transportation of cables, electrical generator and other equipment for phase-II is expected by the first week of June 2018. RFQ for the civil work for compressor stations is expected by July 2018. 8Expenditure Approval : Q2:2012 8RFQ Date : Jun/2018 8Release Date: Jul/2018 8Start Date : Sep/2012 8Completion Date : Q1:2019 Click here for more details.Details
8Project Name: Brownfield LPG Bottling Plant 8Project Cost: Rs 32 Crore 8Project Description: Owner along with contractor is carrying out construction work to expand its LPG bottling capacity. Completion is slated for Q1, 2019 8Project Event: RFQ for the commissioning and pre-commissioning services is expected by August 2018. 8Expenditure Approval : Q1:2017 8RFQ Date : Aug/2018 8Release Date: Sep/2018 8Start Date : Q3:2017 8Completion Date : Q1:2019 Click here for more details.Details
Seismic surveys are sometimes not easy to do 8Oil India Ltd seems to have faltered in one state 8Of the 870 km line 2D seismic survey in unapprised areas in one state, only 4.5 km line 2D seismic survey has been done 8Find out more Click on Details
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8Project Name: Maintenance Dredging 8Project Cost: Rs 400 crore. 8Project Description: The owner is is planning Maintenance Dredging and Spoil Disposal against one of its wellhead platform But there is a slight delay in RFQs also expected. 8Project Event: RFQs for hiring an EPC Contractor is expected by June end instead of May 2018. RFQs for Rig Mobilization services (Rig-down, Relocation & Rig-up) is expected by July 2018. 8Expenditure Approval: Q4/2017. 8RFQ Date: June/2018. 8Release Date: Jul/2018. 8Date: May/2019. 8Completion Date: May/2020. Click here for more details and key contactsDetails
8Project Name: Exploratory Drilling 8Project Cost: Rs 1000 crore 8Project Description: Owner is planning exploratory drilling of 50 oil and gas wells in multiple locations. The wells are expected to be drilled up to a depth of 4000 meters. The requirements will be a mobile Effluent Treatment Plant, Casing pipes, Drilling pipes, Drilling Mud, Cementing services, Drilling fluid services and other oilfield chemicals. 8Project Event: RFQ for the requirements is expected by June 2018. 8Expenditure Approval: Q2/2018 8RFQ Date: Jun/2018 8Release Date: Jul/2018 8Start Date: Oct/2018 8Completion Date: Q4/2022 Click here for more information for project configurationsDetails
For reference purposes the website carries here the following tenders: 8Procurement of Digital Well Analysers for 2018-19 Details 8Hiring of Skid mounted ETP services for Rig-E-2000-VIII for a period of three yearsDetails 8Hiring of Surface Well Testing Services for KG-OSN/2001/3 Block for a period of 2 yearsDetails 8Supply of Potassium HydroxideDetails 8Loading of dry-ice for cooling of Catalyst Bed of Reactor at DHDS area of refineryDetails 8Supply of End Caps for Valves/ Pipes at refineryDetails 8Carrying out Terminal/ Station works of Pipeline Section Details 8Hiring of Contract for Quantitative Risk Assessement and Preparation Certification and Accredition of Emergency Response and Disaster Management Details 8Supply of Mass Flow Meters in refineryDetails 8Test Bench for LPG Cylinder SC Valve and RegulatorDetails 8EOI for Demand Assessment of Natural GasDetails 8Procurement of Warning Signage’s for City Gas Distribution Project Details 8Corrigendum: Insurance Policy for CUGL’s assets for City Gas Distribution Project Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Expand CNG area: Green tribunal Details 8Piped gas gets costlier Details 8RIL pumps in fresh capex to pump out more gas Details 8BPCL, HPCL, IOC tank up to 7% Details 8Oil explorers' pretax margins may jump 25%; OMCs' to slide 10%Details 8Bonds yields surge tracking higher crude oil prices Details 8Govt wants more oil/gas, but hits producers hard Details 8Mexico has become a reliable partner for India’s energy security needs, says Indian ambassador to MexicoDetails 8Nagarjuna Oil’s survival in doubtDetails 8Global rally in metals, oil and bullion amid US sanctions on Russia Details 8Tata Group’s business restructuring plan hits a ‘hydrocarbon’ hurdle Details 8India, UK governments invest in $711 million Indian renewable energy fund Details 8Australian energy leaders look to end power and climate policy war Details 8Ministry calls for time-bound execution of clean air plan Details 8Oil rise may keep India stocks in check, $4 billion manager says Details 8Rise in oil prices could further damage investor sentiments, says CLSA Details 8Slim chance of oil touching $100 in short term: Azlin Ahmad, Argus Media Details 8BPCL plans to start oil trading office in Singapore Details 8RIL-BP sanction satellite gas field development in KG-D6 Details 8Reliance Industries update on development of deep-water gas fields in east coast of India Details 8We are at the top globally, our ambition is to become no.1 in India, says Mansi Tripathi of Shell India Markets Details 8Oil on fire: IOC, HPCL, BPCL share prices hit fresh 52-week lows as Brent crude tops $74 Details 8Fuel rates appear unaffected by costlier crude, analysts wary of price control Details 8NRL's to support startups and entrepreneurs of Northeast India Details You can also click on Newsclips for moreDetails
The Indian government has withdrawn its earlier stand that the country will go "all electric" in the transportation sector by 2030. 8It did so because it found that to be an impossible target to meet 8The government originally planned to save the country an estimated $60 billion in energy bills by 2030 (whilst also decreasing carbon emissions by 37 per cent), by switching the country’s transportation system towards EVs; however, in early 2018 it backtracked from a declaration to electrify the country’s entire vehicle fleet by 2030, to a more modest target of 30 per cent of the fleet. 8From the petroleum sector point of view, the question is how is the EV industry going to evolve over the next 12 years? 8How much will diesel and petrol consumption be subdued by this switch to EVs? 8EV adoption could pick up pace in the post-2020 timeframe, once charging infrastructure grows. 8The impact on fuel demand could be large if commercial vehicles such as trucks are also electrified. Oil demand growth in transport is likely to slow relative to a baseline level, if policies to substitute away from oil in transport are implemented on a widespread basis Click on Reports for answers
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8Project Name: Absorber System Package in Thermal Power Station 8Project Cost: 200 crores 8Project Description: Owner is planning to install an absorber system package in order to comply with environmental norms for its 660 MW Unit in the 3000 MW thermal power complex. Approval from owner's headquarters is pending. Further RFQs are expected subsequently. The project requirements are: absorber limestone slurry re-circulation pumps, absorber oxidation air blowers, absorber tank slurry agitators, mist eliminator, silos, scaffolding, piles, elevators, water distribution systems, hand railing and fittings, slurry tanks, among others. 8Project Event: RFQs for an absorber system package are expected in May 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: May/2018 8Release Date: Jun/2018 8Start Date: Q3:2018 8Completion Date: Q2:2019 Click here for more information 8Project Name: Hydroelectric Power Greenfield Project 8Project Cost: 4000 crores 8Project Description: Promoter is currently selecting a drilling contractor for a 500 MW greenfield hydro electric power project. Further bid are expected soon. The project requirements are: load cum excavator, hydraulic excavator, dumpers, jack hammer, water sprinkler machine, aggregate crushing plant, grouting pump, needle vibrator, air water jet blaster, drilling machines, DG sets, bending and cutting machine, fuel/water tankers, EOT crane, mobile crane, air compressor, tunnel boring machine, dozers, piles, elevators, building supports, gantry crane, spillway radial gates and hydraulic hoists, spillway stop logs, discharge pipe, valves, main inlet, intake trash rack, intake fixed wheel gates, desilting chamber gate, surge shaft gates, draft tube gate, trash rack cleaning machine, sluice gates, penstock, actuation system, flap gates, Francis turbine, pumps, spiral, casing, runner blades, guide vanes, oil pressure unit, water seal and air seal, generator and its control panel, guide bearings, protection relays, transformer and its auxiliaries, lightning arrester panels, excitation system and its auxiliaries, battery bank, SCADA, unit control board, sensors, console, display panels, gas insulated switch-gear and its auxiliaries - circuit breakers, isolators, capacitor bank, dis-connectors, governor panel, cables, transmission lines, nozzles, among others. 8Project Event: RFQs for consultancy services for DPR preparation are expected by the end of April 2018. 8Expenditure Approval: 2017 8RFQ Date: 28/Apr/2018 8Release Date: May/2018 8Start Date: Q2:2020 8Completion Date: Q3:2025 Click here for more information 8Project Name: Thermal Power Station - FGD Addition 8Project Cost: 700 crores 8Project Description: Owner's plans to install a flue gas desulphurisation (FGD) Unit at its 1200 MW unit in its 2500 MW thermal power station is getting hampered. The major requirements are: absorber system, gas to gas heat exchanger, piles, scaffolding, ladders, dozers, limestone silos, slurry tanks, booster fan, wet ball mills, slurry re-circulation pumps, bucket elevator, gypsum dehydration, stairways, among others. 8Project Event: RFQ for supply of an FGD is expected to be out by June 2018. 8Expenditure Approval: Q4:2017 8RFQ Date: Jun/2018 8Release Date: Jul/2018 8Start Date: Q2:2019 8Completion Date: Q2:2021 Click here for more informationDetails
The global E&P capex seems to be bottoming out 8Get the latest DR and UR day rates of -- Jackup rigs -- Semi submersibles -- Platforms 8Is there a recovery in rig count and utilization rates 8The number of OSVs sold as scrap has peaked in Q-1, 2018 and is now likely to be lower in the next three quarters 8Even so, the oversupply of OSVs continue 8Get the latest last month data on these parameters Click on Reports for more
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8We see some compelling reasons why, after a challenging few years, commodities could play a bigger role in investor portfolios in 2018 and beyond. Click on Report for more. 8First, commodities historically have tended to do well in the later stages of a business cycle. Second, the crude oil futures curve today is decisively in backwardation, which generally leads to positive “roll yield” (derived from rolling a higher-priced short-term contract into a lower-priced longer-term contract). Indeed, roll yields across major commodity indexes are positive (or nearly so), and a number of studies show roll yield on futures contracts may be the best predictor of long-term commodity returns (see chart below). Click on Report for more. 8Yet another major research agency has pushed up the projected quarterly oil price in 2018 to 2020 by $10.bbl. Click on Report for more. 8Saudi Arabia is looking at a much higher price for crude before it comes out with an IPO for Saudi Aramco. Click on Report for more. 8Crude oil demand by India for the next five years show a fluctuating trend: Biggest upsurge to be in 2018 before slowing down, while picking up speed again in 2021 before slowing down again. Why is this so? Click on Report for more. 8Offshore Platform maintenance contract will be for 4 years: ONGC is planning maintenance, painting and minor repairs in 116 wellhead platforms and 13 process platforms in the western offshore basin. The letter of award is expected by June 2018. A prequalification experience criterion of 10 years has been put forward from ONGC's end. The workboat, barge and crane support is to be provided by the contractor. Moreover, a meeting for the prospective bidders is scheduled by 24th April 2018. Click on Report for more.
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A new global company is trying to push CNG into India, claiming that it will be significantly cheaper than LNG 8The company has put together a new CNG ship whose storage system is made up of closed packed high strength steel pipes in which CNG is stored at near ambient temperatures, avoiding complicated cooling and liquid-push systems that are now available in normal CNG ships 8What is more the ship and containment system can be fully constructed in a conventional shipyard 8India is the target country as of now given its large CNG use 8Market research done by the company claims that delivered CNG will be "very cost competitive" with current delivered LNG cargoes 8A deal has been struck with Iran for supply of CNG at the India built Chabahar port from where the company's ships will deliver to India 8Around 1.5 MMTPA of LNG equivalent CNG is sought to be delivered on the west coast of India 8HOAs are currently being hammered out Click on Reports for more
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Even as CNG deliveries are aimed at India, the use of CNG in the transportation industry in India continues to be a subject of debate 8The advent of BS-VI "sootless" fuel and the possibility of wider use of zero emission electric vehicles has put CNG's lifespan as a transportation fuel at around 10 years at best 8What is more the fate of the fuel will depend on strong governmental support, including the availability of cheap gas. If CNG loses it appeal as a green fuel in relation to other competing fuels, governmental support cannot be taken for granted. 8Eventually low carbon support, through use of bio gas, may expand the lifespan of this fuel Click on Reports to know more
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An explosive mix of electric vehicles, falling battery costs, increasing range and autonomous driving have disrupted the global transportation sector 8More change is coming and the world will be different place when the full impact of the revolution is unleashed. 8This time around, the change is driven more by China than any other country 8The Chinese have leapt ahead both in emission control and pushing electric vehicle use. They are likely to acquire leadership roles soon. 8The Chinese EV landscape is significantly different from that of India 8Get a comparison of how the two countries have embarked on different paths to electrifying their transportation fleets 8Can India "leapfrog" into the electric revolution? Click on Reports for more
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The prolonged downturn in oil market since 3Q14 has devastated the downstream vessel supply chain. 8Asset-heavy companies geared for a US$100 oil price have failed to meet their financial obligations, especially from banks. 8At present, banks are controlling assets such as vessels, rigs, and other facilities, taken over from loan defaulters. 8Faced with the difficulty of disposing of the assets, banks are still keeping many vessels afloat. 8Such assets operate under minimal positive cash flows and managed by either third party operators hired by banks or creditors or the original owners. 8Assets that should have been scrapped remain operational and have prolonged the supply imbalance Click on Reports to know more on this story
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Aritficial Intelligence and IOT are the new buzz words but the oil & gas sector needs to be careful while accessing their impact 8The estimatated impact is around 0.2 trillion dollars 8This is only about 1.8% of the industry's turnover 8There is no doubt AI can improve performance over other analytical tools 8The oil & gas sector has much to gain but a lot would depend on what is being attempted 8A blind acceptance of AI may have adverse consequences 8Get a comparison of what kinds of AI fit the oil & gas sector better and where traditional analytics score over AI Click on Reports for more
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In the E&P sector hybrid micro-grids can work well to to save power costs, particularly in areas where grid supply is irregular or not available 8The full cost economics are carried here using Indian parameters 8Get the unsubsidized levelized tariff rates of different power sources in India here 8How will storage systems work in India and what are the cost parameters? 8Microgrids can reduce diesel consumption by 50% and bring down the cost of power to Rs 4 vs. Rs 18 Click on Reports for more
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8Project Name: BS VI Greenfield Project 8Project Cost: Rs 3000 crore 8Project Description: Owner along with EPCM contractor and in-house licensor is carrying out engineering activities to construct a new DHDT unit. 8Project Event: RFQ for mechanical work is expected by July 2018. 8Expenditure Approval : Q1:2016 8RFQ Date : Jul/2018 8Release Date: Aug/2018 8Start Date : Q3:2016 8Completion Date : Q2:2019 Click here for more details. 8Project Name: Greenfield 2G BIO Ethanol Refinery 8Project Cost: Rs 700 Crore 8Project Description: Owner is planning to construct an ethanol plant based on the DBT-ICT 2G Ethanol technology to produce 100 KL fuel-grade ethanol per day, primarily from biomass and will use approximately 1 MTPD of biomass per day. PMC contractor already hired. 8Project Event: RFQ for the DFR consultant is expected by May 2018. RFQ for the licensor selection is expected by June 2018. 8Expenditure Approval : Q3:2017 8RFQ Date: May/2018 8Release Date: Jun/2018 8Start Date : Q4:2018 8Completion Date : Q4:2021 Click here for more details. 8Business Opportunity for Surveying Contractor 8Onwer is planning to float a bid for the short-term contract of survey works a regional pipeline network. The mandatory job includes: Close Interval Potential Survey (CIPS), Caterpiller framework, Development of direct current voltage gradient surveys (DCVG) work, coating conductance as well as coating repair work. This surveying work is for 24 months excluding rainy seasonDetails
An existing company is planning to enhance the capacity of DAP from 1.5 MTPA to 1.9 MTPA in India. 8The company also wants to set up a new unit of 2.178 MMTPA of Ammonia, 1.3 MMTPA of Urea, 0.35 MTPD of Ammonia Nitrate, 0.33 MMTPA of Nitric acid, 0.5 MTPD of GSSP and 7 MTPA of coal handling plant. The existing fertilizer complex consists of following manufacturing units. 84400MTPD of Sulphuric Acid Plant(3 streams) 81400 MTPD of Phosphoric Acid Plant 85000 MTPD of Di-Ammonium Phosphate Plant/NPK Plant (4 trains) 82X16 MW + 1X23 MW Captive Power Plant 8240 TPD of Zypmite Plant Click on Report for moreDetails
Sources said that a suitor has been found to take over the 100% shareholding of the government in Projects & Development India Limited (PDIL) through the strategic sale route along with a transfer of management control. 8Final negotiations are on. 8An LOI is likely at the end of April or May in place of March 2018 due to delay in the inspection by a suitor. Click on Details for moreDetails
8Project Name: Greenfield LPG Pipeline Project 8Project Cost: Rs 500 crore 8Project Description: A new LPG pipeline is coming up. 8Project Event: RFQ for the PFR Consultant is expected by July 2018. 8Expenditure Approval : Q3:2017 8RFQ Date : Jul/2018 8Release Date: Aug/2018 8Start Date : Q4:2018 8Completion Date : Q4:2021 Click here for more details for spatial mapping of the pipeline along with key contactsDetails
8Project Name: Offshore Cluster Development. 8Project Cost: Rs 800 crore 8Project Description: The owner's TOR for the project has been rejected for the third time. The company is expected to again look for an EIA consultant. The company is in the process of conducting oilfield analysis at present, so as to estimate the actual potential of the oil reserve. Further RFQs are expected shortly. 8Project Event: RFQs for hiring a consultant for EIA services is expected by June 2018. RFQ for hiring an EPCM contractor for the project is expected by July instead of April 2018. 8Expenditure Approval: Q4/2017 8RFQ Date: Jun/2018 8Release Date: Jul/2018 8Start Date: May/2019 8Completion Date: Dec/2022 Click here for more information, for full project configuration along with key contactsDetails
8Project Name: Onshore Field Exploratory Drilling 8Project Cost: Rs 300 crore. 8Project Description: Owner is planning development drilling of 3 oil well in the onshore JV. The project also involves the construction of an EPS and the laying of an Intra-field pipeline network. Currently, the environmental clearance for the project is awaited. 8Project Event: RFQs for equipment are expected by May end 2018. 8Expenditure Approval: Q1/2018. 8RFQ Date: May/2018. 8Release Date: Jul/2018. 8Date: Q4/2018. 8Completion Date: Q4/2019. Click here for more details, including key owner contactsDetails
For reference purposes the website carries here the following tenders: 8Supply of Analyser Systems for GTU Project at refinery Details 8Mechanical/ Piping Works for refinery and IREP area of MS Block ProjectDetails 8Hiring of Services for Statutory Inspection, Testing, Calibration and Certification of Ethylene Horton SpheresDetails 8Supply of Ammonia Anhydrous Gas in refineryDetails 8Assistance in Surveillance, inspection and certification of Scaffolding work for DHDS revamp project job at refineryDetails 8Carrying out Coating and Wrap refurbishment work of PipelinesDetails 8Carrying out Third Party Inspection, Supervision and Certification of Mounded Storage vessels Details 8Carrying out Marine Survey Work Contract of CBMT Narimanam Details 8Supply of Spares for Turbine and Compressors in refineryDetails 8ARC for Hydrojetting jobs for TLEs of NCU heatersDetails 8Supply, Installation and Commissioning of Packaged/ Pre-fabricated Effluent Treatment Plant at refineryDetails 8Process consultant for preparing Basic Engineering Design Package for Natural gas Network at refinery Details 8Rate Contract for Supply of Propane at refinery Details 8Annual Rate Contract for execution of E&I jobs of Process Modification Schemes at refinery Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India jet fuel demand to soar as domestic air travel takes off Details 8CNOOC sells 90,000 t of LNG in debut auction on Shanghai gas exchange Details 8Trump energy adviser, fossil fuel champion, resigning Details 8Over 95 pc of world's population breaths unhealthy air: report Details 8Greece launches tender to sell majority stake in Hellenic PetroleumDetails 8OPEC's new price hawk Saudi Arabia seeks oil as high as $100 - sources Details 8PM Modi meets Theresa May, discusses climate change Details 8Govt plan a Rs 637-crore Clean Air Programme to give you clean airDetails 8Oil near late-2014 highs as Saudi pushes for higher prices, US crude stocks declineDetails 8Support rises for controversial Canada pipeline Details 8Adani Gas hikes prices of CNG, PNG Details 8Italy's ENI gets approval on plan for Indonesia offshore Merakes gas field Details 8Sanjay Kumar Moitra takes charge as onshore director of ONGC Details 8A 19% profit slide looms for fuel that underpinned Oil's rebound Details 8India's foreign policy done with level eyes: Modi Details 8Damper for private oil firms as govt decides to retain higher profit share Details 8LPG connection drive in region on April 20 Details 8Is the Indian economy really that strong? Details 8Oil game: India plays a shrewd hand Details 8"Our approach is simple - Diversify Sourcing" Details 8ONGC donates cleaning equipment to RTC Details 8Rupee weakens for fourth session against US dollar as oil prices surge Details 8Libya Oil Chief says Fuel Smuggling costing $750 Million a year Details 8India jet fuel demand to reach record highs as domestic air travel takes off Details 8BP Venture Partner leads India, U.K. Government investment In $715M Renewable Energy Fund Details 8Getting Oil on track Details You can also click on Newsclips for moreDetails
8Project Name: Boiler Maintenance of Thermal Power Project 8Project Cost: 25 crores 8Project Description: Promoter's proposal for a planned maintenance of a boiler and its auxiliaries for 20-days at its 1200 MW thermal power complex has been delayed on account of lack of headquarter approval. The mandatory job includes servicing of burner system, overhauling of ID, FD and scanner air fans, replacement of seals, support bearings, casing, valves, overhauling of boiler pressure parts, among others. 8Project Event: RFQs for overhauling of the boiler and its auxiliaries are expected by the first week of May 2018. Click here for more information 8Project Name: Greenfield Hydro Project 8Project Cost: 1500 crores 8Project Description: Owner has hired a company as an EIA consultant for preparation of an EIA report for a greenfield 210 MW hydroelectric project. The owner after preparation of the DPR will decide either to come up with a package wise or an EPC contract. The project requirement are: tunnel loading machine, load cum excavator, EOT crane, dozers, piles, elevators, scaffolding, gantry crane, spillway radial gates, valves, intake trash rack, penstock, sluice gates, Francis turbine, water and air seal, pumps, generator, transformer, excitation system and its auxiliaries, power-house equipment, SCADA, HMI, fire protection system, among others. 8Project Event: RFQ for an EPC contract or package wise bids is expected to come in May 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: May/2018 8Release Date: Oct/2018 8Start Date: Q2:2020 8Completion Date: Q3:2024 Click here for more information 8Project Name: Thermal Power Station - Annual Rate Contract 8Project Cost: 3.5 crores 8Project Description: Developer is finalizing the notice inviting tender document for an annual rate contract (ARC) for a 600 MW thermal power plant. Further bid are expected soon. 8Project Event: RFQs for round the clock ARC for the O&M of coal handling plant are expected by May 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: May/2018 8Release Date: Jun/2018 8Start Date: Oct/2018 8Completion Date: Oct/2019 Click here for more informationDetails
If you are a large Indian oil & gas company, which direction do you go from here in a rapidly transiting world? 8One way is to follow the leads taken by international oil & gas super majors. They have more people deployed to figure out which way the world is going than any Indian company. And their horse sense can be trusted, for they have serious money following up on their instincts. 8Some of these companies have chalked out clear future business transformation processes, all of which, they claim, are capable of delivering double digit return on capital. 8Biofuels, hydrogen and electric vehicle charging are the obvious choices. 8Public sector OMCs can clearly leverage their vast retail outlet networks for electric charging as and when the electric vehicle revolution breaks out in India. They are also investing in biofuels and IOC, in particular, has been for long an advocate of hydrogen as a fuel. 8But there are other more specialized areas in which the super majors are now concentrating. 8The rapid transformation in the power sector is where the attention of at least one super major is focused. Around 20% of energy is currently consumed as electricity, and with the transition towards a lower-carbon energy system, electricity’s share could grow to more than 50% of the energy mix by 2060. 8The power industry is changing -- with more volatility, intermittent supply and intermittent demand. This is an area with vast opportunity to trade, integrate, and optimise. 8In India, this segment of the industry is vulnerable and oil & gas companies can break entry barriers here with an asset light, technology heavy approach Click on Reports to know more
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8Project Name: Refinery BS-VI Up-gradation Project 8Project Cost: Rs 1713 Crore 8Project Description: Owner along with the EPCM and licensor is carrying out detailed engineering work for the upgradation. RFQ for the long lead items is already out. At present Civil work is going on. 8Project Event: RFQ for the short lead items is expected by June 2018. 8Expenditure Approval : Q2:2016 8RFQ Date: Jun/2019 8Release Date: Jul/2020 8Start Date : Q2:2018 8Completion Date : Q2:2020 Click here for more details. 8Business Opportunities For Equipment Maintenance Contractor 8A refinery is planning to float a contract of three years for Instrumentation Maintenance of Heat Exchangers at its refinery and petrochemical complex. Click on Details for key contactsDetails
Will the Indian E&P story continue to remain grim? 8It seems so, according to a freshly released government document. The following facts were handed out: 8Only six companies have shown interest in the OALP blocks 8Out of 360 blocks offered under NELP, production has commenced only in 4 blocks over the last 10 years 8The Indian E&P story is a long way from being a success so far Click on Reports for more
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8Explore the possibility and benefits in the substitution of fossil Diesel by Dimethyl ether. The economic benefits are high when Dimethyl ether can be produced from biomass and biogas, or in combination of both processes. Click on Report for more. 8A rush of new big sized desalination orders are likely to come in India from a hitherto untapped source. Find out more click on Report. 8India-US strategic energy relationship. Know more click on Report. 8New smart apps are coming out that can provide consumers with more options to buy local or differentiated energy products. These apps are going to become more relevant for India in the days ahead. Find out more click on Report. 8There is a massive energy saving potential in the steel industry. The Chinese are setting the pace. Know more click on Report. 8Get a full synopsis of global oil & gas news here: From renewing of shale oil production in Australia to record-breaking shale oil production by the US to the initiation of arbitration proceedings launched by OVL in Sudan. Know more click on Report. 8Total Oil India has been making steady gains in the market through its portfolio of products. Find out more click on Report.
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If you testing the viability of your oil & gas business, it can currently be done only against a possible institution of a carbon price 8So what is the price that you need to work against and yet elicit a positive NPV? 8Global companies area already working on a price of $40-50 per tonne of CO2 emission 8Some are even stress testing themselves against a price of $80. 8Isn't it time Indian companies start doing these exercises? Click on Reports for more
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Latest government estimates talk of an LNG supply of 76 MMTPA by 2025 8That is a big increase from the capacity that is available today 8Of this around 53 MMTP is coming in by 2022 8And the rest by 2025 Click on Reports for more details
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A good barometer of how industrial growth is faring is to look at liquid industrial fuel consumption figures 8Latest data available for 2017-18 seems to show a depressing picture 8The demand for FO/LSHS and naphtha fell by 5.5% and 5.2% yoy, as compared to 7.8% growth and 0.2% decline in FY2017 respectively. 8The growth in petcoke demand moderated to 9.3% yoy in FY2018 from a high base of 24.2% 8The demand for lubricants/greases accelerated to 8.9% yoy in FY2018 as compared to a decline of 2.8% in FY2017. 8Despite rapid road laying, bitumen off-take increased by a modest 1.2% yoy in FY2018 from flattish volumes in FY2017. 8Gas volumes did not go up much either on account of high spot prices. 8These figures indicate that industrial growth did take a knock last year Click on Reports for more
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The increase in domestic sales volumes of OMCs has fallen short of growth in domestic petroleum consumption over the past few years 8This has been driven by persisting loss of market share in auto fuels to private players since deregulation of diesel and a substantial increase in import of fuels such as petcoke by consuming industries directly or through trade channels. 8Given that OMCs produce a large volume of petcoke, they have to work hard with the government to prevent cheap imports from saturating the market so as to be able to hold on to their markets even as they mull expensive petcoke gasification plans. 8Going back to market share, in 2017-18, OMC's auto fuels sales have grown 2-3% slower than the growth in domestic consumption indicating continued loss of market share to private players. 8But private players cannot draw satisfaction out of these figures. 8If oil prices continue to rise, the coming general elections and political expediency will force the government to pull the plug by reimposing price caps on petrol and diesel. And that won't be good news for the industry 8It is a slippery slope and private companies cannot take their market share gains for granted. Click on Reports for more
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Petroleum consumption grew by 7.2% in 2017-18 8In Q-4, 2017-18, it grew by 8.4% from a negative 3.6% growth post demonetization 8Given India's burgeoning appetite, consumption can sail along at high rates in the coming years 8There is going to be no moderation here 8Unless price caps are reimposed, OMCs' volume growth will be lower at around 3-4% as the rest of the growth is likely to be eaten up by private companies Click on Reports for more
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Find out how all kinds of lobbies are working at cross purposes to keep renewable energy tariffs high. 8The fact that solar tariffs have begun rising in India when they should be falling is an insidious indicator of counter-intuitive lobbying by well funded groups of companies and the government inability to look beyond the horizon on these issues. 8Also, there seems to be a divergence between the interests of solar advocates and the goal of global decarbonization 8Is the gas lobby too working at cross purposes here? Click on Reports for more
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With the rise in crude prices but without a proportionate increase in product prices, benchmark Singapore refining margins have corrected to US$5.8/bbl ( around11% lower than average of FY18 GRMs). 8This will be a double whammy on pure refining companies as fall in refining margins is coupled with upward looking operating cost. 8Find out how Indian companies are dealing with this development Click on Reports for more
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Ammonium Sulphate Expansion Project 8Cost - Rs 9 Crore 8Project Event: RFQ for EPC contractor is likely to be released in August 2018. Click here for more information Single Super Phosphate Fertilizer Greenfield Project 8Cost - Rs 8 Crore 8Project Event: Shortlisting process for EPC contractor is ongoing. interested contractor can pleas contact key executives carried here. Click here for more information SSP Annual Maintenance Project 8Cost - Rs 0.15 Crore 8Project Event: Tender for a maintenance contractor is likely to be released in December 2018 Click here for more informationDetails
For reference purposes the website carries here the following tenders: 8Hiring of Upkeeping and Environment Maintenance Service of Surface Installations Details 8Hiring of Package Effluent Treatment Plant for Rigs and Fixed ETP SitesDetails 8Shutdown Maintenance Contract for Instrumentation JobsDetails 8Supply of Cetane Improver in different refineriesDetails 8Corrigendum: Supply of license BEDP and other related services for Bio-refineryDetails 8Consultancy Services for Engineering, Procurement, Construction Management and Allied Services for the proposed LPG Bottling PlantsDetails 8Annual Rate Contract for Repair and Maintenance of LT Motors of refinery Details 8Supply of Heat Exchanger Gaskets at refinery Details 8Supply of Pipe Fittings without TPI as per tender specification Details 8Supply of Thermal Relief Valve as per tender specificationDetails 8AMC for expert services for Overhauling/ Maintenance/ Repair/ Health check-up of Extruder of HDPEDetails 8Supply of Toxic Gas Neutralizer to Refinery UnitsDetails 8Corrigendum: Procurement of MDPE Pipes for CGD Project Details 8Operation and Maintenance of DM Plant Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8GAIL placed pipe laying orders of INR 780 crores Details 8India-US move ahead on strategic energy partnership Details 8India needs to fundamentally alter its export strategy Details 8ONGC files arbitration claim against Sudan over unpaid oil dues Details 8Westinghouse emerging from bankruptcy, capable of delivering India nuclear reactors: Rick PerryDetails 8Time for India to shed fixation with cheap energy: US energy secretary Details 8Switch to LNG for shipping fuel not enough to meet strict carbon regulations - analyst Details 8India to grow at 7.4 per cent in 2018, 7.8 per cent in 2019: IMFDetails 8OPEC-Russia talks set to sustain Oil cuts even as glut vanishesDetails 8Oil India Ltd commissions 52.5 mw wind energy, 500 kw solar project Details 8Petrol and diesel prices: Will your fuel bill come down anytime soon? Find out Details 8Temp licences for traders not using cylinders Details 8Gujarat Gas raises price of CNG, PNG Details 8India-US to increase co-operation in oil & gas, power, renewable energy: Pradhan Details 8Statoil eyes partnership with ONGC to re-enter India’s hydrocarbon space Details 8Oil supported as investors factor in supply risks Details 8ONGC promoted skill development institute achieves 100 percent placement Details 8India, US kick off strategic energy partnership with task force on gas Details 8Unipec and ENOC place lowest offers in Bangladesh oil import tender Details 8Oil prices edge up on lower U.S. crude inventories, global supply risks Details 8Diversify energy basket: US to India Details 8Rupee in free fall, sinks to fresh 7-month low Details 8Royal Dutch Shell to resume oil and gas drilling in Egypt Details 8Adani ports inks pact with IOC for LNG regasification at Dhamra Details You can also click on Newsclips for moreDetails
8Project Name: Kochi Refinery BS VI Motor Spirit Block Upgradation 8Project Cost: Rs 3313 Crore 8Project Description: The owner has hired an EPCM contractor for the purpose. There is a slight delay in erection and installation work due to delay in equipment procurement. 8Project Event: RFQ for the Pigging work is expected by May 2018. RFQ for erection and installation work is expected by June 2018 instead of March 2018. 8Expenditure Approval : Q2:2016 8RFQ Date: May/2018 8Release Date: Jun/2018 8Start Date : Q4:2016 8Completion Date : Q4:2019 Click here for more detailsDetails
A 60 km pipeline stretch has been accorded government sanction, thereby opening up gas supply from an onland gas field 8The pipeline laying work was already awarded to a contractor 8The GCS for the project is being implemented by another contractor Click on Details for more
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8Project Name: Onshore Field Exploratory Drilling 8Project Cost: Rs 600 crore. 8Project Description: Promoter is planning development drilling of oil and gas wells in an onshore field. The wells are expected to be drilled up to a depth of 4000 meters. The block has tremendous gas potential but requires integrated planning so as to harness its full potential. The equipment required will be Casing pipes, Drilling pipes, Blow out preventer, Cementing services, Drilling fluid services and other oilfield chemicals. 8Project Event: RFQs for the equipment are expected by June 2018. 8Expenditure Approval: Q1/2018. 8RFQ Date: Jun/2018. 8Release Date: Jul/2018. 8Date: Q4/2018. 8Completion Date: Q2/2022. Click here for more details and key contactsDetails
8Project Name: Oil Field Redevelopment 8Project Cost: Rs 700 crore 8Project Description: Promoter is going through the contractor hiring process for an oil and gas block. The project involves development drilling of 60 wells, construction of Early Production System and laying of Infield Pipelines. Recently a TOR has been submitted by the company. Further RFQs are expected shortly. 8Project Event: RFQs for hiring an EIA consultant is expected by May instead of April end 2018. -- RFQs for hiring an EPC Contractor and other Oilfield services is expected by June 2018. -- RFQs for hiring rig services is expected by August 2018. 8Expenditure Approval: Q1/2018 8RFQ Date: May/2018 8Release Date: Aug/2018 8Start Date: May/2019 8Completion Date: Dec/2021 Click here for more information for key contacts and project configurationsDetails
8Project Name: Greenfield hydroelectric power station 8Project Cost: 2500 crores 8Project Description: Promoter is on the lookout for financial institutions for allocation of funds for the 300 MW greenfield hydroelectric power plant. Package wise contracts are likely to come out. The project requirement are: tunnel loading machine, excavator, dozers, piles, penstock, surge shaft, pressure shaft, valve chamber, power-house complex and its auxiliaries, potyard, crushers, dumpers, batching plant, loaders, DG sets, compressors, ventilation blower, three Francis turbines, among others. 8Project Event: RFQs for civil works are expected to be out in May 2018. 8Expenditure Approval: Q2:2018 8RFQ Date: May/2018 8Release Date: Q3:2018 8Start Date: 2019 8Completion Date: 2024 Click here for more information 8Project Name: Thermal Power Station - FGD Addition 8Project Cost: 400 crores 8Project Description: Owner's installation of a flue-gas desulfurisation (FGD) unit in a 660 MW plant of its 1500 MW thermal power station is getting delayed because of issues with site survey activities. Further bid for supply of FGD is expected subsequently. The project requirement are: absorber system, gas to gas heat exchanger, piles, scaffolding, ladders, dozers, limestone silos, slurry tanks, booster fan, wet ball mills, slurry re-circulation pumps, bucket elevator, gypsum dehydration, stairways, among others. 8Project Event: RFQs for supply of an FGD are expected to be out by June 2018. 8Expenditure Approval: Q1:2017 8RFQ Date: Jun/2018 8Release Date: Jul/2018 8Start Date: Q1:2021 8Completion Date: Q2:2022 Click here for more information 8Project Name: Gas Based Power Station - R&M project 8Project Cost: 50 crores 8Project Description: Owner has re-scheduled its 25-day renovation and modernization of controls and instrumentation (C&I) works because in lack of preparation of NIT documents for its gas turbine in a 700 MW gas power station. The project requirement are: DDCMIS, analyzers, turbine governing system, among others. 8Project Event: RFQs for R&M of C&I are expected by May 2018, instead of end of March 2018. Click here for more informationDetails
8Latest global relative production of oil & gas shows India's production declining in 2018. Know more click on Report. 8A fresh look at the US gas supply curves right up to 2050 seems to point to gas prices staying below $6/bbl on account of plentiful supply. Click on Report for more. 8Srinivasan Venkatakrishnan is the new CEO of Vedanta. Know more about this CA from Chennai who made it big.Click on Report for more. 8Australia is today the largest exporter of coal and is likely to take the No 1 spot as the largest exporter of LNG. Find out more on the raging sustainability debate that is going on in that country. Click on Report for more. 8If you are an investor in the Indian port industry, here is a one-stop shop to go to. Get all the data and the help that you may need. Click on Report for more. 8Shell has developed a new truck and wants to sell it in India. What is in it for the multinational to do so? Click on Report for more. 8A new "sky" climate change scenario built by Shell seems to show the energy world transforming in unrecognizable ways in the future. Know more about how that happens click on Report.
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Offshore wind energy is the new buzzword in investment circles 8A new report finds a technical potential of 2,058 GW of offshore wind resource capacity is accessible in U.S. waters using existing technology. This is equivalent to an energy output of 7,200 terawatt-hours per year -- enough to provide nearly double the total electric generation of the United States as of now. Currently, the US has around 23,000 MW of offshore project under development. 8Offshore wind costs are falling globally and it is likely that the European Union will meet its goal of a levelized cost of energy of $112/MWh by 2020. 8By Indian standards, these costs are still high but more cost savings likely on account of technological advances and digitization. Significant fall in offshore tariffs is likely beyond 2020. 8Offshore turbine sizes are getting larger and 10 MW units are likely to be in production soon 8What is more new floating offshore wind energy projects have shattered the myth that such units should be anchored to shallow waters Click on Reports for more
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China is clearly ahead in the renewable game than the rest of the world. 8A country that for more than a decade has led the world in greenhouse gas emissions, where coal-fired power has long dominated the energy mix, has today embraced renewables in a big way. 8China is likely to reach its 2020 goal of producing 110 GW of solar power; it also wants to generate at least 210 GW of wind power by 2020, and the International Energy Agency (IEA) has said it’s likely to hit that target in 2019. 8What is more, six of the top 10 solar panel manufacturers are Chinese. 8An example of Chinese innovation is the Longyangxia Dam Solar Park with solar arrays covering more than 10 square miles. The solar park is coupled to one of the hydro plant’s quick-response turbines, which smooths the output curve of the PV power caused by fluctuations in sunlight due to cloud cover and time of day. Balancing the variable generation is key to enabling reliable power transmission to the grid via the hydro-power plant. 8A new research report now claims that China will eventually dominate the offshore wind energy space, with more than 50% of global offshore wind output coming from there. Click on Reports to know more on what China has been doing on this count.
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The entire electricity industry and its supporting infrastructure have reached a critical watershed, and dramatic changes are in progress. 8The next few years will be the last in which grids in industrialized nations are organized and operated in the same way as they have been for recent decades. 8Electricity will increasingly be generated by different means, predominantly from renewables, and across all generation scales from massive offshore wind farms to domestic rooftop PV. 8New owners, users and traders will spring up, and the EV revolution is just about to start. 8As per a fresh report, by the end of its forecast period in 2050, the electricity system, its culture, and its personnel will be unrecognizable. 8Engineers, regulators, governments, business management, and C-suites will need to rise to this challenge. Click on Reports for more
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