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Archives

All the news items since the launch of our web site are preserved in the archive section. The archive entries are freely accessible to all the users.

Apr 2018

For reference purposes the website carries here the following tenders:
8Hiring Services for making a Corporate Movie on Pipeline Division Details
8Hiring of Hydraulic Fracturing of gas wells on call out basis in KG Basin Project Details
8EOI for carrying out Maintenance, Painting of Well Head Platforms and Process Platforms in Western Offshore Fields Details
8Supply, Installation, Training and AMC of Static Gel Strength Analyzer Details
8Procurement of Oil Soluble Demulsifier for regular use Details
8Corrigendum: Procurement of GI Fittings and Valves Details
8Supply of manpower at HB on contract basis Details
8Corrigendum: Supply of Natural Gas/ RLNG for Non-urea Activity Details
8Supply of Dimethyl Disulphide in refinery Details
8Supply of Magnetic Level Gauges Details
8Preliminary works for Statutory ND Testing of Mounded Storage vessels and Statutory testing and Inspection of LPG Pipelines Details
8Supply of Turbine Spares in refinery Details
8Supply of Pipes at refinery Details
8Supply of Mechanical Seal Spares in refinery Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8CBM extraction by Coal India opens possibilities for private sector Details
8India renews call for reasonable oil prices, invites hydrocarbon investments Details
8Retail inflation slows to 4.28 per cent in March in third consecutive decline Details
8Danish pension fund PKA dumps 35 oil companies from investment portfolio Details
8Australia's AGL to host coal-to-liquid hydrogen export trial for Japan's Kawasaki Details
8Essar Oil still owes about 500 million euros in payments to Iran Details
8Industrial production grows 7.1 per cent in Feb on manufacturing boost Details
8OPEC sees higher 2018 oil supply from rivals, stronger oil demand Details
8OPEC's Barkindo sees crude oil market rebalancing in Q2-Q3 of 2018 Details
8GAIL (India) says LNG supply from Gazprom will start from May Details
8We are working on an annuity model for gas pipelines development: D K Sarraf Details
8Essar Oil settles $2.5 billion Iran oil dues, still owes about $616 million Details
8Ratnagiri refinery: Won't allow it to be set up, says Uddhav Thackeray Details
8INTERVIEW: Energy access for all needed for "true democracy" in India Details
8Vice-President M Venkaiah Naidu pitches for renewable energy Details
8Crude oil prices ease but set for highest weekly gain since July Details
8Iraq postpones oil and gas auction for 11 new blocks to April 25 Details
8India believes its efforts to build fuel infra should benefit neighbours: Swaraj Details
8India, China, Japan to expand ties in Energy Sector Details
8India and China can influence crude oil pricing: Dharmendra Pradhan Details
8Essar Oil & Gas to spend $1 bn in Raniganj for shale gas Details
8Homes in Ponda to get piped natural gas by end of year Details
8Rosneft vs Saudi Aramco vs Reliance: Global oil war to play out in India this time Details
8International Energy Forum: Mexico eyes strong energy ties with India Details
8Essar Oil still owes Iran €500 million Details
8India, China may join hands to counter oil price rally Details
8GAIL to import only half of US LNG into India Details
8India, China may jointly look for cheaper crude Details
8Vedanta revamping Cairn India operations Details
8In an election year, investors should stay away from Indian Oil, BPCL, HPCL Details
You can also click on Newsclips for more Details
For reference purposes the website carries here the following tenders:
8Expert Supervisory Services for Maintenance of Breech Lock Exchangers at refinery Details
8Supply of Complete Plate Type Heat Exchangers Details
8Supply of Hydraulic Puller/ Jacks in refinery Details
8Engaging Land Acquisition Personnel for assisting Competent Authority for Natural Gas Pipeline with spur-line to refinery Details
8Procurement of Portable Ultrasonic Clamp on Flow Meter for Gas, Nitrogen Application Details
8Procurement of Pressure Switches, Differential Pressure Switches and Temperature Switches Details
8Design, Manufacture, Supply, Installation and Commissioning of Valve and Bung Leak Detectors and O-Ring Leak Detectors at LPG Bottling Plant Details
8Supply of Activated Carbon at Refinery Details
8Pressure Hydro-Jet Cleaning of Heat Exchangers, Coolers, Condensers Equipment Internals at refinery Details
8Service contract for reconditioning of suction and discharge valves of two stage recycle gas compressor Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8India and Saudi sign pact to invest $44 bn in building world’s largest greenfield oil refinery Details
8PM Modi says India’s rapid economic growth will drive global energy demand Details
8Government asks oil retailers not to raise fuel prices: Sources Details
8Union cabinet simplifies CBM exploration from Coal India blocks Details
8PM Modi calls for responsible pricing for affordable energy to all Details
8China's CNOOC plans LNG sale on Shanghai gas exchange next week Details
8Oil companies deny government instructed to absorb fuel hike Details
8Pertamina acquires PGN to become Indonesian energy holding company Details
8India's H-Energy aims for commercial start-up of LNG terminal by Q4 Details
8Cabinet delegates powers to oil, finance ministers to award oil blocks Details
8Global oil demand not to peak soon, India vulnerable to high prices: IEA Details
8Shell India unit sells 8.5% stake in Mahanagar Gas Details
8Cabinet decisions: CCEA eases hydrocarbon sector regulations Details
8No retailing in India without manufacturing hub: Saudi Aramco CEO Amin H Nasser  Details
8Govt relaxes rules for Coal India to ease coal-bed methane extraction Details
8Fuel prices may rise as Saudi Arabia won’t allow glut Details
8India GDP growth will pick up in 2018-19 to 7.3%, says ADB Details
8Indian, Chinese oil companies look to invest in Ecuador: Carlos Perez Details
8UAE says OPEC oil producers trying to define structure for long-term alliance Details
8The oil forecast Details
8Holding back price hike to hit margins of OMCs Details
8$44-billion project: Saudi Aramco to hold 50 pct in India plant Details
8Costlier fuel likely as crude oil soars amid global trade wars Details
8Crude puts oil stocks on slippery track Details
8Govt working on 'unbundling' of marketing & transportation of gas: Pradhan Details
8No retailing in India without manufacturing hub: Saudi Aramco CEO Amin Nasser Details
8We are working on an annuity model for gas pipeline development: DK Sarraf Details
8Shanghai crude oil contracts turnover soars to highest since launch Details
8Oil markets tense on Middle East crisis, but rising U.S. supplies weigh Details
8New Zealand halts future oil and gas offshore exploration permits Details
8China coking coal, coke sink over 3 pct on slow demand, trade woes Details
8Did Centre order petrol, diesel prices not to be hiked? Here is what oil cos said Details
8Petrol price in India today remains unchanged; Check rates in metro cities Details
You can also click on Newsclips for more Details
8Project Name: Super Thermal Power Plant - Annual Maintenance Contractor
8Project Cost: 0.50 crores
8Project Description: Owner is planning to come with a bid for an annual maintenance contractor for electrical and switchyard equipment for a 2100 MW supercritical thermal power station. Further RFQs are expected soon subsequently.
8Project Event: RFQs for an annual maintenance contractor of electrical and switchyard equipment 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 information
8Project Name: Thermal Power Station - Installation of FGD
8Project Cost: 1000 crores
8Project Description: The developer is planning the installation of an flue gas desulphurisation (FGD) plant in its 2000 MW thermal power complex. Owner is expected to come up with a bid for FGD works subsequently after getting approval from the requisite headquarters. 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: RFQs for supply, installation, erection and commissioning of FGD works are expected by May 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: May/2018
8Release Date: Jul/2018
8Start Date: Q2:2019
8Completion Date: Q3:2021
 Click here for more information
8Project Name: Procurement of Short Lead Equipment in hydro power station
8Project Cost: 12 crores
8Project Description: The owner is planning to procure and install short lead equipment in the currently running 600 MW hydro power station. The major requirements are: air filters, nozzles, butterfly valves, flapper valves, drainage pump, blades of runner, pipes, among others. Further bid are expected shortly.
8Project Event: RFQs for required equipment are expected by end of April 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: 28/Apr/2018
8Release Date: May/2018
8Start Date: Q3:2018
8Completion Date: Q4:2018
 Click here for more information
Contact Update : 
Contacts are an important tool in the hands of a business development manager. We put in great efforts to get you validated telephone numbers of departmental heads within the power industry.
8A general manager (maintenance) has been shifted to a major thermal power station. Details
8India and Vietnam share a special relationship in the oil & gas sector: What are the strategic imperatives for this? Click on Report for more.
8Get the coal bed methane notification that simplifies investments to be made by Coal India Ltd. Click on Report for more.
8Get the notification that simplified decision making for the new exploration blocks by the government. Click on Report for more.
8ONGC Videsh Ltd: Find out the possibilities that the company has unfolded through its investments. Click on Report for more.
8Shell spend a billion dollars in R&D every day: A lot of it is now moving towards India. Click on Report for more.
8A business development opportunity is coming up for a new product pipeline in India. Click on Report for more.
8Find out why it will eventually be difficult to keep oil prices above the $60/bbl mark. Get the latest upside and downside projections of oil prices annually until 2022. Click on Report for more.
8Get the latest capex and opex estimates for global E&P until the year 2023 here click on Report for more
8Find out why India has now become vulnerable to marine piracy. Click on Report for more. Details
The government has taken the leap of faith and called for a 1000 MW offshore wind energy project in Gulf of Khambat, off the coast of Gujarat.
8The proposed area is located 23-40 km seaward side from Pipavav port.
8The plans are to install at least 5 GW of offshore wind capacity by 2022.
8Areas off the coasts of Gujarat and Tamil Nadu are two identified areas for development of offshore wind power.
Click on Reports for more Details
NPK-DAP Greenfield Project  
8Cost - Rs 987 Crore
8Project Event: Detail Project Report preparation is ongoing and RFQ for the EPC contractor is likely to be released in June 2018.
Click here for more information
Energy Saving-cum- Ammonia-Urea Expansion Project      
8Cost - Rs 540 Crore
8Project Event: Construction work is likely to be started in August 2018.
Click here for more information
SSP Annual Maintenance Project      
8Cost - Rs 0.28 Crore
8Project Event: Tender for a maintenance contractor is likely to be released in May 2018.
Click here for more information  Details
 The website carries here a tentative feasibility report for an offshore wind project in the West Coast of India
8The capacity being talked about in the report is up to 500 MW whereas the offshore tender out today is for 1000 MW
8Three wind turbine generator sizes of 4 MW, 6 MW and 10 MW have been considered in the modeling exercise in the feasibility report.
8The use of O&M strategy is based on work boat access.
8All kinds of cost estimates are available including possible generator models
Click on Reports for more Details
The clean energy narrative continues to change contours every now and then.
8Till sometime ago, a diversification away from dirty fuels to clearer energy was stated to be an imperative for the oil & gas industry but on account of rising demand for fossil fuels, higher oil prices and the ascent of President Trump, the green drive has been put on the backburner.
8Eventually however, for oil & gas companies, given the compulsions of global warming and the determined effort towards decarbonization, there must always be a lookout for greener assets.
8In this context, the website had argued earlier that for large Indian oil & gas companies, exploring the possibility of setting up offshore wind projects seems like a good entry point for some of them. Some of our companies such as RIL and ONGC operate in and around potential sites for offshore wind power assets. The deployment challenges are also similar for oil & gas as well as offshore wind assets. 
8The investment size is large and so is the green windfall.
8The website carries here a full set of templates for an offshore wind farm in India.
8There are no doubt some uncertainties in building such wind farms in India.
8Estimating the levelised cost of energy (LCOE) of an offshore wind farm as well as related economic metrics such as net present value (NPV) or internal rate of return (IRR) will be a challenge due to the range of technical and economic factors in play and their associated uncertainties.
Click on Reports for more Details
Development Drilling Project is coming up in a challenging location in the Himalayan foothills of the North East
8The field was discovered in 1980s
8The area is placed under high risk high reward category
Click on Details for key contacts and other project details Details
A spate of FSRUs are coming up in India.
8Project Name: Greenfield LNG Terminal Project
8Project Cost: Rs 2000 crore
8Project Description: The owner will install an LNG Floating Storage and Regasification Unit (FSRU) with a regasification capacity of 5 MMTPA
8Project Event: RFQ for PFR Consultant is expected by July 2018
8Expenditure Approval : Q1:2018
8RFQ Date : Jul/2018
8Release Date: Aug/2018
8Start Date : Q1:2019
8Completion Date : Q3:2021
Click here for more details for full project configuration, owner details and key contacts. Details
8Project Name: Greenfield Natural Gas Pipeline
8Project Cost: Rs 1600 Crore
8Project Description: Pipeline will have a capacity of 20 MMSCMD  The pipeline length will be approximately 450 km. At present surveying work is going on.
8Project Event: RFQ for PFR consultant is expected by June 2018.
8Expenditure Approval : Q3:2018
8RFQ Date : Jun/2018
8Release Date: Jul/2018
8Start Date : Q4:2018
8Completion Date : Q4:2021
Click here for the route map, pipeline configuration and key contacts. Details
8Project Name: Refinery Debottlenecking Greenfield
8Project Cost: Rs 2500 crore
8Project Description: Engineering activities are on for the debottlenecking of the refinery. RFQ for the equipment, erection, and installation work is already out.
8Project Event: RFQ for electrical and instrumentation work is expected by June 2018.
8Expenditure Approval : Q4:2016
8RFQ Date : Jun/2018
8Release Date: Jul/2018
8Start Date : Q2:2017
8Completion Date : Q4:2018
Click here for more details on refinery configuration, product slates, utility matrix, unit details and key contacts. Details
8Project Name: Another Greenfield Natural Gas Pipeline Project
8Project Cost: Rs 1400 crore
8Project Description: This a 7 mscmd pipeline with a length of 500 km.
8Project Event: RFQ for PFR Consultant is expected by June 2018.
8Expenditure Approval : Q3:2018
8RFQ Date : Jun/2018
8Release Date: Jul/2018
8Start Date : Q3:2018
8Completion Date : Q4:2020
Click here for more details on the owner along with key contacts Details
8Indian Oil Corporation Limited is planning to float a short term contract of two years for the Annual Maintenance contract for CFR engines instruments one of its refineries on Maintenance shutdown.
Click on Details for key contacts Details
8Project Name: Oil Field Development Drilling
8Project Cost: Rs 1000 crore
8Project Description: The Promoter is planning development drilling of 70 wells. The equipment required will be casing pipes, drilling pipes, drill bits, X-mass tree, Blow out preventer, Cementing services (Cement, Cementing Chemicals and accessories), Drilling fluid services and other oilfield chemicals. An EIA consultant has been already hired for the project. Further RFQs are expected shortly. 
8Project Event: RFQ for the equipment and oilfield chemicals is expected by Q3/2018.
8Expenditure Approval: Q2/2015
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Nov/2019
8Completion Date: Dec/2022
Click here for more details   Details
8Project Name: Absorber System Package in Thermal Power Station
8Project Cost: 600 crores
8Project Description: The owner is planning to install an absorber system package in the 1200 MW out of the 3500 MW thermal power complex.  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 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: Q3:2019
Click here for more information
8Project Name: Greenfield Hydroelectric Project
8Project Cost: 1500 crores
8Project Description: Owner is at the final stage of forest clearance for a 100 MW greenfield hydroelectric plant. The project is getting delayed on lack of the forest clearance. Further RFQs are expected in package wise mode shortly. The project requirements are: civil works, tunnel boring machine, elevators, diversion tunnel, coffer dam, generator, powerhouse equipment, hydro-mechanical equipment, cranes, among others.
8Project Event: RFQ for civil and infrastructure package is expected by May 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: May/2018
8Release Date: Jul/2018
8Start Date: Q2:2019
8Completion Date: Q4:2023
Click here for more information
8Project Name: Thermal Power Station Maintenance Project
8Project Cost: 25 crores
8Project Description: The developer has planned a 25-day scheduled annual maintenance in 900 MW thermal power plant. The mandatory job includes acid cleaning of boiler, water tubes, boiler drum, dearator, checking and replacement of pressure parts of boiler, inspection of wind box supports and its expansion joints, journal bearing and thrust bearing of turbine, replacement of pipes,among others.
8Project Event: RFQ for equipment required is expected by second week of May 2018.
Click here for more information
Contact Update : 
Contacts are an important tool in the hands of a business development manager. We put in great efforts to get you validated telephone numbers of departmental heads within the power industry.
8A general manager has been promoted as Executive Director and has been shifted to a major thermal power station. Details
8Project Name: Oil Field Development
 8 Project Cost: Rs 1800 crore
8Project Description: The Promoter is planning Onshore Oil & Gas Development Drilling and Production programme. The project involves drilling of 52 wells, construction of six production installations and laying of associated flow pipelines. A large part of the project area has dense forest cover. The Application for Forest Clearance is yet to be submitted. The equipment required for the project will be Drill Pipes, Casing Pipes, Xmas Trees, Blow Out Preventer, Cementing services, Drilling fluid services, other Oilfield chemicals and transportation services.  
8Project Event: RFQ for the equipment and oilfield chemicals are expected by Q3/2018.
RFQ for hiring EPC contractor for production installation and pipeline network are expected by Q3/2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Jan/2020
8Completion Date: Dec/2022
 Click here for more details for full project details and key owner contacts
 Details
8Undoubtedly, 2017 proved to be a very difficult year for the product tanker market, with earnings sinking to multi year lows on the back of rapid fleet growth in the larger product tanker segment, limited arbitrages due to high product stocks and no large-scale growth in demand in key loading areas. Will this year be any different and when do we expect to see a rebound in industry earnings? Click on Report for more.
8Borr Drilling’s acquisition of Paragon Offshore Ltd. for an estimated $232.5 million will make Borr the largest jackup owner in the world. It will also be the second-largest provider of offshore rigs, measured in fleet size, just four units behind the newly-merged Ensco-Atwood. This move brings together the fourth and sixth largest jackup providers to create an entity controlling 10% of the world’s jackups. However, Borr is expected to scrap many of the acquired rigs. Find out why Borr thinks the timing is perfect. Click on Report for more.
8The PNGRB has come out with bids for new CGDs. Get the details here click on Report.
8The refinery related process equipment industry is going through a boom after the recent spate of refinery upgradation and expansion programmes. But competition continues to remain very intensive. Click on Report for more.
8The petroleum ministry has approved has approved ten year extensions to OILEX's Cambay and Bhandut PSCs.  Click on Report for more. Details
The Indian gas sector is finally looking up
8A 23 to 25% revenue growth is projected year on year
8Transmission volumes are expected to increase 12-15%
8Meanwhile, ONGC and RIL-BP are looking for customers to sell their KG basin gas.
8Long term delivery periods are being offered, wherein domestic gas will be supplemented with imported LNG should the need arise
8The competition is expected to get heavier, with traditional players up against the might of the ONGC and RIL-BP.
8But given that the Indian market is price sensitive, will incremental domestic gas capture newer demand or will it replace LNG volumes?
Click on Reports and on Details for more Details
A quantitative analysis shows Indian Oil Corporation is grossly undervalued, and there is a big upside to this stock.
8Find out on what basis this analysis has been done.
8GRMs are expected to be robust for the company.
8There will be marginal inventory gain too
Click on Reports for more Details
India is Iran's second-largest buyer of crude after China.
8India's share is 18% as against China's 24%
8And yet Chinese companies have garnered a big chunk of the Iranian E&P pie while India has faltered on this front.
8Three large Chinese E&P projects are also coming up
8Will India's pressure tactics -- of reducing crude offtake -- work this time around to get the Iranians to sign up for the Farzad B Block?.
Click on Reports and Details for more   Details
Construction of one leg on the Iranian side of the Iran-Pakistan pipeline is complete
8Construction on the Pakistani side has been repeatedly delayed and has yet to start.
8In 2009, when the agreement was signed, Pakistan agreed to import 750 MMcf per day of natural gas, and the trade was supposed to commence in December 2014.
8The official word now from very well placed sources is that this project is unlikely to proceed further.
8India had at one point wishfully thought it could perhaps source Iranian gas via Pakistan through this pipeline.
8A deepwater pipeline to India seems to the only option as of now.
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Procurement of PH Analyser at refinery Details
8Annual Contract for Operation and Maintenance of Electrical System at LPG Marketing Terminal Details
8Inspection of leak clamps installed at various leakage or pilferage locations Details
8Procurement of Heat Exchanger Tube Bundles in refinery Details
8Supply of Mass Flow Meters in refinery Details
8Expert supervisory services for overhauling of Breech lock exchangers of HCU Unit at refinery Details
8Supply of Mechanical Seal Spares in refinery Details
8Supply of KTU Catalyst at refinery Details
8Supply of Compressors for BS-IV Project Details
8Corrigendum: Procurement of MDPE Pipes for CGD Project Details
8Carrying out maintenance Jobs during Refinery Shutdown Details
8Hiring of Services of Hydraulic Crane of 20 MT capacity Details
8Lushing and Dismantling of LPG Line in MBPT area Details
8Open Access Power Procurement thru Exchange for refinery Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Oil markets firm on hopes that U.S. trade spat with China may ease Details
8ONGC, Reliance in talks with customers to sell east coast gas Details
8Japan energy panel sees role for nuclear in 2050 emissions targets Details
8Saudi's Falih, IEA's Fatih Birol stress need for energy investments Details
8Iran agrees to take all of gas from ONGC Videsh-discovered Farzad-B field Details
8UAE's ADNOC launches first oil and gas exploration round for six blocks Details
8Oil hits $70 per barrel as China offers soothing words on trade Details
8India looks to use new-found clout to seek better oil bargains with global producers Details
8After Oli’s Visit: The bottomline is India has to deliver on its promises expeditiously Details
8SDPI drive against GAIL pipeline Details
8CNG supply plan hits a roadblock Details
8Petroleum-eating bacteria can clean up oil spills Details
8How India plans to seek better bargains with global oil producers Details
8India and Russia share special partnership: Sonia Details
8Iran has agreed to take all of ONGC Videsh's Farzad-B gas Details
8Pro-poor move makes India 2nd largest LPG importer Details
8India prepared to give Saudi Aramco 50 per cent stake in planned mega refinery: Source Details
8Oil and gas: Discovered small fields – New entrants likely to start production first Details
8Saudi Aramco and Total Sign MoU to build $9 bn Petrochemical complex in Saudi Arabia Details
8Oil ministers, executives to debate energy future Details
8Oil prices near 2014 highs over warnings of western air strikes against Syria Details
8OPINION: Threats to global growth moderate Narendra Modi’s election prospects Details
8Finance ministry to check readiness of PSBs on bad loan frauds Details
8Oil demand estimates converging but better data still needed: OPEC Details
8Italy's Eni targets 2 million French gas and power clients by 2021 Details
8India's MRPL trims oil purchase deal with Saudi Aramco: sources Details
8PM Modi to open mega global oil and gas ministerial IEF today Details
You can also click on Newsclips for more Details
A new set of onland Enhanced Oil Recovery projects are coming up
8A Pilot Project that can start-up a series of investments by the onwer has been completed in some depleted fields
8Great opportunities are lying ahead for the EOR equipment and service providers
Click on Details for more, including key contacts Details
8Project Name: BS VI Up-gradation Project
8Project Cost: Rs 3500 crore
8Project Description: The owner along with its EPCM consultant and a range of licensors are carrying out detailed engineering at its refinery to construct the new units to meet BS-VI fuel upgradation norms.
8Project Event: RFQ for erection and installation work is expected by last week of July 2018.
8Expenditure Approval : Q3:2016
8RFQ Date : Jul/2018
8Release Date: Aug/2018
8Start Date : Q2:2017
8Completion Date : Q3:2020
Click here for more details.
8Business Opportunities for Maintenance Contractor
8A refinery owner is planning to float a contract of two years for the repair and maintenance work for CRU unit in its refinery.
Find your key contact Details
8Project Name: Greenfield Gas Pipeline Project
8Project Cost: Rs 1500 Crore
8Project Description: Owner has the authorization to buy the pipeline.
8Project Event: RFQ for EPC Contractor is expected by June 2018.
8Expenditure Approval : Q3:2017
8RFQ Date : Jun/2018
8Release Date: Jul/2018
8Start Date : Q4:2018
8Completion Date : Q4:2021
Click here for more details. Details
8Project Name: LNG Terminal Project
8Project Cost: Rs 1000 Crore
8Project Description: The owner is planning to set up an FSRU with a regasification capacity of 2.5 MMTPA
8Project Event: RFQ for PMC Contractor is expected by June 2018.
8Expenditure Approval : Q4:2016
8RFQ Date : Jun/2018
8Release Date: Sep/2018
8Start Date : Q4:2018
8Completion Date : Q3:2020
Click here for more details Details
Now that the PNGRB under a tough chairman has decided to crack the whip on defaulting pipeline companies, other authorized pipeline companies are in panic mode. Efforts are now on full swing on the part of some promoters to get going so that they can adhere to the completion deadlines set.
Here is an update on two such pipeline
8Project Name: Greenfield Gas Pipeline Project
8Project Cost: Rs 4000 Crore
8Project Description: The owner was awarded the authorization for laying, building and operation of the gas pipeline. The pipeline length will be approximately 850 km and it will be connected to the major demand centers.
8Project Event: RFQ for PFR Consultant is now expected by June 2018.
8Expenditure Approval : Q3:2017
8RFQ Date: Jun/2018
8Release Date: Jul/2018
8Start Date : Q4:2018
8Completion Date : Q4:2021
Click here for more details.
8Project Name: Another Greenfield Natural Gas Pipeline Project
8Project Cost: Rs 3800 crore
8Project Description: Owner has promised to initiate the work on this pipeline soon and is committed to complete the pipeline on time but it remains a moot point whether it will be able to do so given the progress of work so far.
8Project Event: RFQ for Detailed Engineering and Final drawing is expected by June 2018.
8Expenditure Approval : Q3:2017
8RFQ Date: Jun/2018
8Release Date: Jul/2018
8Start Date : Q4:2018
8Completion Date : Q4:2021
Click here for more details. Details
Key contacts, dedicated analyst support, search fields involving dozens of project, a backend CRM and plant parameters are among the benefits that our project monitoring software offers. We carry as many as 10 leads everyday encompassing the entire oil & gas sector. No other site provides this amount of detailing in India. A large team of dedicated engineers are at work to fulfill the client's quest for a deal
8Project Name: Oil Field Development
8Project Cost: Rs 1700 crore
8Project Description: The Promoter is planning development drilling of 75 wells. Promoter owned drilling rigs are proposed to be deployed for drilling activities but it is subjected to the availability of rigs on time. The equipment required for the project will be casing pipes, drilling pipes, cementing services, drill bits, drilling fluid services and other oilfield chemicals. An EIA consultant has already been hired for the project. Further RFQs are expected shortly.
8Project Event: RFQs for equipment and oilfield chemicals are expected by Q3/2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Nov/2019
8Completion Date: Dec/2022
 Click here for more details Details
Investments are coming up for Onshore Oilfield Development in an exciting new area
8ONGC is pretty excited about this area and expect big plans to materialize over the years.
8Tenders will be out for Drilling related services 
8RFQs are expected by Q3/2018
Get key contacts and other details here Details
Supply and refurbishing cranes in ONGC platforms is big business and the it is riddled with all kinds of games.
8ONGC's attempts to get its large fleet of aging cranes refurbished has always been a controversial.
8There are critics who claim that buying new cranes is easier than refurbishing them. The company allows refurbishments if the cost is less than 75% of that of buying a new crane.
8Another controversial move is to allow these refurbishments on a nomination basis with the original equipment manufacturer.
8So the OEM ends up with a two fold advantage: It avoids going through an intensely competitive process to buy new cranes and it does good business extending the life of these cranes, which are usually for a period of 20 years. After a revamp, these can provide up to another 15 years of service.
8For suppliers, selling of cranes and then subsequently refurbishing them can be a lifetime business
Click on Details to know more Details
The competition for supply of cranes to ONGC is usually very tough and competitors use all tricks available to them to stall a deal
8Conspiracies are usually alleged.
8Multiple letters are written from different parts of the country to ONGC alleging misdemeanor.
8No leaf is left unturned by enterprising agents, working for hefty commissions, to get extra business for their principals.
8External monitors are brought in to adjudicate.
8ONGC is now mulling a rule where companies are likely to be debarred from future tenders if they are found willfully delaying ONGC tendering and vendor selection processes in mission-critical functions.
Click on Details to here on more on a sordid story which unfolded with ONGC's proposal to revamp a bunch of cranes which have outlived their productive life Details
For reference purposes the website carries here the following tenders:
8Supply of Natural Gas/ RLNG for Non-Urea Activity Details
8Hiring of Directional Drilling/ MWD Services including Tools/Equipment and Manpower at Exploratory Wells Details
8Engagement of Consultant for Retail Transformation Project Details
8Procurement of PH Analyser at refinery Details
8Procurement of Flow Cum Pressure Recorder Details
8EOI for supply of Demulsifier Chemicals and Chemical Management Services including Chemical Handling Details
8Review of Enterprise Risk Management System by Expert Agency/ Consultant Details
8Carrying out Chemical Preparation/ Handling and Upkeep Works Details
8Carrying out Hot Tapping Work at various locations for CGD Project Details
8Hiring of Drilling Fluid Services for three Rigs Details
8Procurement of Hydroxy Ethyl Cellulose Details
8Hiring of Services for 2D Seismic Data Acquisition in un-appraised on land areas of Sedimentary Basins Details
8Procurement of Master Instruments for various Maintenance Base Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Reliance Infra bags Rs 1,081 crore contract for Kudankulam nuclear project Details
8PNGRB’s revised CGD regulation to help attract investor interest: ICRA Details
8Kerala CM Pinarayi Vijayan to lay foundation stone for waste-to-energy plant Details
8Philippines eyes joint exploration deal with China in South China Sea within months Details
8China's CNPC to inject gas into 23 underground storage facilities Details
8Shell says Nigeria payments and oil theft climb in 2017 Details
8Top Iraq court set to rule on Kurdistan region's crude oil exports Details
8Nigerian oil firm Neconde mounts arbitration case against Shell Details
8PM Modi ask PSUs to come up with development roadmap in 100 days Details
8PM to inaugurate 16th International Energy Forum on Wednesday Details
8Oil-Services investors yawn at latest U.S. Sanctions on Russia Details
8Cyprus keen to tap oil trade potential Details
8Oil and gas stocks gain on strong growth hopes Details
8Bangladesh, India sign 129.5 km Oil pipeline deal Details
8Oil India gets its first ever patent from European Patent Office Details
8L&T terms Bhushan's resolution plan as discriminatory against operational creditors Details
8Use up your oil - Here comes the Sun Details
8Oil Bears: So scarce, they could jolt market when they reappear Details
8Why India’s oil economy needs prudent supply management Details
8PM Modi to inaugurate 16th International Energy Forum on Wednesday Details
8Oil markets firm on hopes that U.S. trade spat with China may ease Details
8Sinopec to cut Saudi crude imports for May in response to high OSPs - official Details
8Deutsche becomes Premier Oil's 3rd biggest shareholder at 5.2 pct Details
8UN holds meeting on curbing greenhouse emissions from ships Details
8Natural gas may play a major role in India-Cyprus bilateral trade Details
8Indian Oil, HPCL, BPCL to invest Rs10,000 crore for Bio-CNG plants Details
8Huge Investments in Oil and Gas Sectors in A.P.: Pradhan Details
8Petrol price in India today down 3-4p; Delhi rate below Rs 74 per litre, check other metro cities Details
8IGL expects 20% jump in sales to industrial, commercial clients Details
You can also click on Newsclips for more Details
Gas Authority of India is planning to put up another 11000 km of gas pipeline with a capacity of 200 mmscmd
8It will also set up two LPG pipelines covering a distance of 2000 KMs
8There are clear business opportunities coming up
Click on Details for key contacts Details
8Project Name: Greenfield 2G Bio-Ethanol Refinery Project
8Project Cost: Rs 350 Crore
8Project Description: The owner along with an international licensor is facing delays in the selection of the PMC contractor for the ethanol plant based on the DBT-ICT 2G Ethanol technology developed indigenously to produce 100KL fuel-grade ethanol per day, primarily from biomas. The delay is due to Environment clearance delays.
8Project Event: RFQ for PMC contractor is expected by June 2018 instead of April 2018 even though it is likely to be given on a nomination basis eventually.
8Expenditure Approval : Q4:2016
8RFQ Date : Jun/2018
8Release Date: Jul/2018
8Start Date : Q4:2018
8Completion Date : Q4:2020
Click here for more details. Details
8Around 32% of the global PSV fleet is in lay-up, while the corresponding number for the global AHTS fleet is around 34%. Click on Report for more.
8A lot of performance parameters about GAIL are currently known. Lack of clarity is leading to "sell" recommendations on its scrip. What is needed is a watch over petchem profitability, profitability in the gas trading business, progress of pipeline projects and more visibility on placement of US contracts. The GAIL leadership needs to be upfront and straight on these issues. Click on Report for more.
8Gujarat State Petronet had won the bids for three cross-country pipelines (Mehsana-Bhatinda, Bhatinda-Srinagar, Mallavaram-Bhilwara). There is, however, no clarity yet on the current status, timelines and other details regarding these pipelines. Click on Report for more.
8The Sino-Pakistani relationship was forged out of a common desire to limit India. It has since grown beyond that goal, even though it continues to underscore the relationship. The danger for Pakistan, however, is that it could grow over-dependent on China. That perception of potential danger is now in the public domain. Know more click on Report.
8Natural gas can be used in desalination and it provides for a better return than other competing sources. Click on Report for more.
8Renewable energy auctions around the world once again produced record-low figures for the resulting tariffs. But the industry is changing rapidly. One uncertainty ahead for renewable energy is how investors will take to the coming period in which project revenues have no government price support, and instead depend on independent power purchase agreements or even just merchant power prices. But life is getting tougher in this business. Find out more about how funding is getting increasingly innovative due to competitive pressures. Click on Report for more. Details
DK Sarraf is bringing into the PNGRB the same dynamism he injected into ONGC when he was its CMD.
8Sarraf is pushing the regulator to do more than it ever did in the past
8Will a fixed annuity model replace the existing business model for trunk pipeline?
8A set of new LNG guidelines will see more equitable play between infrastructure owners and users. Not just open access to LNG terminals but the regulator may well keep regas margins under its watch.
8Will unified tariffs get Sarraf's support?
Click on Reports for more Details
When will the next pipeline tariff hikes come in?
8Will the accounting paradigm change now that a new boss is in position in PNGRB?
8Key issues under discussion in the PNGRB include capacity utilisation assumptions and compensation for shrinkage loss, among others.
Click on Reports for more Details
Find out more about how an Indian IT major helped an LNG terminal operator to address two operational challenges.
8One was to do with planning and scheduling, and the other two were to do with voyage management and terminal operations.
8The result was a 7 to 10% margin improvement.
8Indian LNG players must look at what can be delivered to them too
Click on Reports for more Details
The Indian arbitration law underwent a complete overhaul in 2015/16.
8Conflict of interest is now more strictly defined and court judgments have brought about more clarity
8When is the chair of an arbitration committee held to have a conflict of interest?
8The Red and Orange List of the International Bar Association Guidelines on Conflicts of Interest in International Arbitration 2014 (IBA Guidelines) is not specifically included in the new 8Indian statute but find how these guidelines are now setting the tone in India.
8The fact that an arbitrator can be influenced can be challenged but how far can you push such a limit?
Find out more click on Report. Details
There is an uptick in the subsea and field development market with sanctioning activity is going up but note by enough to make an impression.
8Awards for subsea Christmas trees (well control units) likely totalled 160-170 in 2017, up from 83 in 2016.
8These equipment awards relate to fields planned to come on stream mainly from 2020 onwards, implying the majority of SURF/subsea installation work offshore will take place from 2019
onwards.
8Most leading subsea contractors currently have substantially reduced order backlogs
8There is a notable drop in fleet utilisation for the leading players during 2017. This will continue through 2018, until field development work should pick up again from 2019/2020.
8Reduced fleet utilisation puts pressure on the leading players, which again will provide knock-on effects to smaller industry players and vessel owners.
Click on Reports for more   Details
Ammonia-Urea & Captive Power Plant Greenfield Project 
8Cost - Rs 10741 Crore
8Project Event: RFQ for LSTK contractor was floated in May 2017 for Generating Ammonia Syn. Gas & Carbon Dioxide Gas and the last date of receipt of Pre Bid queries was scheduled to be 7 April 2018. The tender for the ammonia-urea plant is now extended from 6 April to 21 May 2018.
Click here for more information
Ammonia-Urea Energy Saving Project      
8Cost - Rs 250 Crore
8Project Event: EOI has come out for an LSTK contractor and the last date for submission is extended from 20 March to 24 April 2018.
Click here for more information Details
8Project Name: LNG Terminal
8Project Cost: Rs 2500 Crore
8Project Event: RFQ for the DFR consultant is expected by June 2018.
8Expenditure Approval : Q3:2017
8RFQ Date : Jun/2018
8Release Date: Jul/2018
8Start Date : Q4:2018
8Completion Date : Q4:2021
Click here for more details.
8Project Name: Refinery Maintenance Shutdown Project
8Project Cost: Rs 20 Crore
8Project Description: The owner is planning to shut down its motor spirit block for four weeks in Q1, 2020. The planned turnaround is in line with the company’s endeavor to streamline its production process ahead of the introduction of Bharat Stage VI fuels from April 2020.
8Project Event: RFQ for a contractor is expected by December 2019.
8Expenditure Approval : Q1:2018
8RFQ Date : Dec/2019
8Release Date: Jan/2020
8Start Date : Q1:2020
8Completion Date : Q2:2020
Click here for more details.
8Project Name: LPG Bottling Plant Greenfield Project
8Project Cost: Rs 140 Crore
8Project Description: The owner has appointed an EPCM contractor for a 3X600 MT LPG Bottling plant. Some RFQs are out and further RFQs are expected soon.
8Project Event: RFQ for the rest of equipment is expected by June 2018.
8Expenditure Approval : Q2:2017
8RFQ Date : Jun/2019
8Release Date: Jul/2020
8Start Date : Q2:2018
8Completion Date : Q2:2021
Click here for more details. Details
8Project Name: Dabhol Greenfield breakwater contract
8Project Cost: Rs 700 Crore
8Project Description: Gas Authority of India Limited along with Konkan LNG is planning to complete the abandoned and semi-finished breakwater at Dabhol LNG Terminal, Konkan. Currently, the terminal can operate only about eight months between October and May in a year due to not having a breakwater. Further RFQs are expected very soon.
8Project Event: RFQ for PMC contractor is expected by June 2018.
8Expenditure Approval : Q3:2017
8RFQ Date : Jun/2018
8Release Date: Jul/2018
8Start Date : Q3:2018
8Completion Date : Q4:2019
Click here for more details. Details
8Project Name: Onshore Field Exploratory Drilling
8Project Cost: Rs 100 crore.
8Project Description: Promoter is planning the exploratory drilling of oil wells in an onshore Block. The RFQs for the rigs are out as predicted by us. RFQs for the following equipment are expected shortly for Cementing Unit, Blow Out Preventer, Pressure Gauge, Valves, Mud Chemicals and Mobile Effluent Treatment Plant.
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: Q2/2019.
Click here for more details
8Project Name: Oil Field Redevelopment
8Project Cost: Rs 1200 crore
8Project Description: The drilling part of the project would be done by the promoter itself. Further requirements from the company's end will be for Xmas Trees, Couplings, Adapater, Adapter Spool, Wireline and Cementing Services.
8Project Event: ONGC will come out with RFQs for equipment by June 2018.
8Expenditure Approval: Feb/2017
8RFQ Date: Jun/2018
8Release Date: Jul/2018
8Start Date: Q4/2018
8Completion Date: Q4/2020
Click here for more information  Details
For reference purposes the website carries here the following tenders:
8Supply of Pipes to refinery Details
8ARC for In Situ flange machining of Heat Exchanger/ Cooler/ Condenser components at refinery Details
8Supply of Pressure Relief Valves for BS-VI Project Details
8Supply of Caustic Soda Lye at refinery Details
8Mechanical Cleaning and Intelligent pigging Inspection of Charge Heater at refinery Details
8Providing Miscellaneous Services for Assistance to Production Activities at refinery Details
8Supply of Special Control Valves for BS-VI Project Details
8Supply of Insulating Oil for Transformer and Switchgears Details
8Mechanical and Piping Works in refinery Details
8Fabrication and Erection Pipelines and other equipments Details
8De-chocking DCU Transfer/ Vapour pipe lines during SAD SD by high pressure power lancing hydro jetting machine Roto Clean Technology at refinery Details
8Extension of Gas Monitoring System for Bottling Capacity Augmentation at LPG Bottling Plant Details
8Repair of Hydraulic/ Pneumatic/ MEC Tools at refinery Details
8AMC for validation of GE make ultrasonic flare flow meters installed at refinery Details
8Statutory NDT Inspection and Certification of Propylene Mounded Bullets at LPG Bottling Plant Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Middle East emerges as possible energy winner in US-China spat Details
8Saudi to focus foreign debt issues on dollar for now, official says Details
8Aramco takes step to integrating petrochems into United States' biggest refinery Details
8Oil Minister Dharmendra Pradhan launches PMUY scheme in Delhi Details
8India records lowest crude oil production in seven years Details
8India's OMPL seals naphtha deal in first import tender since 2015 Details
8Regulator imposes tariff to curb unrealistic bids: New rules to spur piped gas Details
8Norway fund should be able to invest in unlisted renewables -ruling party Details
8Oil Minister Dharmendra Pradhan launches PMUY scheme in Delhi Details
8Adani Ports expands Dhamra Port capacity to 100 million tonne Details
89 crore new LPG connections provided in 4 years: Dharmendra Pradhan Details
8ONGC begins work on $5 bn KG Basin project; targets first gas in 2019 Details
8Singapore's Pavilion Gas imports its first LNG cargo for domestic use Details
8How to make the most of the RBI credit policy statement for personal finance Details
8PM should explain hike in fuel rate despite crude price fall, says Rahul Gandhi Details
8Eight of top ten indian firms add Rs 860 bn to m-cap; TCS biggest gainer Details
8Donald Trump has a potent weapon against Iranian Oil Details
8Diesel price in India today up 4-5 paise each; Mumbai rate at Rs 69.17 per litre, Chennai sees most hike Details
8Petrol price in India today up 2-3 paise; Delhi, Mumbai & Chennai see most hike; check other cities Details
8Iran, Turkmenistan resume gas swap operation Details
8KG-D6 Block: Reliance Industries to surrender two deep-sea finds Details
8Ball set rolling for gas trading hub Details
8Bharat Petroleum may hive off gas business into separate wholly owned subsidiary Details
8Coal India awaits CCEA clearance to start extraction of CBM gas Details
8Bank silent on Deepak Kochhar’s dealings with Videocon’s Dhoot Details
8Oil steadies after Friday's falls, but trade disputes still weigh Details
8No power in PMC’s 25 bio-gas plants Details
8Regulators may extend timings of currency derivatives trading Details
8KERUI Petroleum Wins the Largest UPGN Project in Brazil Details
8With an eye on debt, Tata Sons set to discuss M&A plans of group companies Details
You can also click on Newsclips for more Details
The climate change risk is also accentuated by faulty assumptions.
8Negative emissions technology remains completely untested yet it is the basis on which emission projections are made by responsible research organizations around the world.
8Carbon Capture and Storage technology has now been found to be unworkable.
8Afforestation cannot take the load as even IEA's diluted emission standards will require building a forest cover in an area twice the size of India.
8So where does the world go from here?
Click on Reports for an answer to this question   Details
The remaining carbon budgets associated with the Paris goals are now extremely small: at current rates of emissions, the 1.5 degree budget will be exhausted in eight years, and the 2 degree budget in nineteen years.
8The IEA has now been accused of accepting a mere 50 percent probability of success of achieving the climate goals and that too by assuming negative emissions technologies will
 be invented, and by assuming unrealistically low non-energy emissions
8The IEA therefore is alleged to be grossly understating the degree of change in energy systems needed to achieve the goals.
8Then again, contrary to the principle of Common but Differentiated Responsibilities, the IEA expects the majority of emissions reductions to occur in poor countries.
8This is both unjust and understates the needed cuts in IEA full member countries.
8For example,India is to cut its 2040 emissions by 46 percent, despite its pressing developmental needs, but the European Union by only 40 percent.
Click on Reports for more Details
There is no denying the fact that in the midst of looking at immediate imperatives, oil & gas companies may end up ignoring the risks that climate change can entail.
8Even by projected New Policies Scenario (NPS) of the IEA, the quantum of emissions which will be let out would make the Paris goals unachievable, exhausting the carbon budget for the 1.5 degrees Celsius limit by 2022, and for a 2 degrees limit by 2034.
8The recommended upstream oil and gas investment by the IEA is USD 11.2 to 13.8 trillion over 2018 to 2040.
8Calculations show that between 78% to 96% of  this investment is incompatible with the Paris goals.
Clear risk
8The clear risk is that either this volume of investments makes the Paris goal unachievable. If the Paris emission goals are achieved, then the capital invested will be wasted, potentially leading to a massive economic crisis.
8Anyone with a 15 to 20-year horizon on the industry must not miss out on these risk factors.
Click on Reports for more Details
The OSV market has seemingly stabilized, with global utilisation above 50%. This obviously varies between asset classes and regions, but even utilisation in the most supply riddled regions seem to have bottomed
8Whilst the rig count remains depressed, a general increase in offshore activity has been positive and OSV tender activity is slowly improving. This has yet to materialise in higher day rates, but with utilization stabilizing, but the worst seems to behind us
8Meanwhile, the PSV spot market is expected to be stronger during the summer and the rates for term PSV are increasing and are expected to increase further during the year.
8The AHTS market has been weak in the start of the year, but the number of rigs contracted for the summer is expected to increase the demand.
8In sum the PSV segment is showing signs of rebounding a littlet with AHTS expected to follow, hence a gradual recovery is expected.
8Due to the fact that the majority of the fleet currently in lay-up is out of class, an interesting question is whether all these stacked vessels will ever re-enter the market, due to high reactivation costs.
Click on Reports for more Details
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