8Project Name: LPG Bottling Plant Expansion Project 8Project Cost: Rs 150 crore 8Project Description: Owner is planning to expand its LPG bottling plant. 8Project Event: RFQ for the PMC Contractor is expected by June 2018. 8Expenditure Approval : Q4:2016 8RFQ Date : Jun/2018 8Release Date: Jul/2018 8Start Date : Q3:2018 8Completion Date : Q3:2020 Click here for more details. 8Business Opportunity for Equipment Maintenance Contractor 8Owner is planning to float a bid for the equipment maintenance contractor involving Heat-Exchanger, Furnace, Vessels and piping job for its Hydrogen Generation Unit at the time of maintenance of the refinery Click on Reports for more Details
For reference purposes the website carries here the following tenders: 8Procurement of Clay for Mixed Xylene Unit Details 8Provision of Hiring of Warehouse Services on Firm Basis/ Callout Basis for Onshore BlocksDetails 8Time Chartering of MGC for LPG ImportDetails 8Carrying out QRA/ HAZOP study Preparation of ERDMP as per PNGRB guidelinesDetails 8Road Transportation of Bulk Petroleum ProductsDetails 8Modification and Re-rating of Code Stamped Equipment for VGO HDT Unit under Fuel Quality Upgradation ProjectDetails 8Supply of Heat Exchangers for VGO-HDT Unit Details 8Providing assistance as and when required in Technical Service Department at refinery Details 8Procurement of Anionic SurfactantDetails 8Re-conditioning of pipelines for a period of twelve monthsDetails 8Item Rate Contract for Instrumentation JobsDetails 8Procurement of 45360 KG Additive Phosphite 168 for PP unit Details 8Procurement of Hydrocarbon Gas and Hydrocarbon cum Oxygen Gas Detectors Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India’s double rush for electric vehicles and oil refineries Details 8India’s changing global priorities and the role of the act east policy Details 8Nagarjuna Oil goes for liquidation as bidding fails in Tamil Nadu Details 8Petrol, diesel prices steady but still in all-time high zone Details 8India’s crude oil import bill set to rise 20pct in FY19Details 8Norway favours stable energy prices Details 8India consumers, govt face squeeze as World Bank sees oil on the boil Details 8Foreign investors pulled $657 million out of Indian equities this month Details 8Saudi Arabia may be sowing seeds of an oil crashDetails 8MNGL eyes PMC areas to expand piped natural gas connection reach Details 8ONGC fosters Solar Chulha manufacturing to fuel Indian households sustainably Details 8CEFC official says Rosneft deal still viable as firm mulls big job cuts -report Details 8Indonesia pricing policy dispute fuelled energy firm Pertamina's shake-up Details 8Shiv Sena scales up offensive against BJP on proposed Rs 3 lakh crore Ratnagiri refinery Details 8Oil rises as Iran Nuclear talks overshadow U.S. Inventory Data Details 8Crude prices: What’s fuelling oil-price rise? Details 8Emission standards for thermal power plants: SC asks govt to file detailed affidavit Details 8No relief as crude prices to rise by 20% in 2018: World Bank Details 8Some relief: Move to cap oilcos’ cost recovery dropped Details 8Oil prices rise on Iran sanctions worries, falling Venezuelan output Details 8Fund managers expect climate risks to hit oil firm valuations -survey Details 8Sinopec plans to extend cuts in Saudi crude oil imports to June, July - officials Details 8Uruguay to auction offshore oil blocks, expectations seen low Details 8Petrobras scraps Liquigas IPO, eyes antitrust risk in sale -sources Details 8IMF estimates higher crude oil prices may not have any significant impact on India’s GDP Details 8Indian Oil’s Panipat Refinery to expand capacity Details You can also click on Newsclips for moreDetails
8Project Name: Super-critical Thermal Power Greenfield Project 8Project Cost: 7000 crores 8Project Description: Owner along with a consultant is planning the installation of a 660 MW super-critical thermal power complex. Owner will come out with a bid for a consultant for preparation of an EIA report. 8Project Event: RFQs for an expression of interest (EOI) of an EIA consultant is expected by May 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: May/2018 8Release Date: May/2018 8Start Date: 2020 8Completion Date: 2025 Click here for more information 8Project Name: Hydroelectric Greenfield Project 8Project Cost: 8000 crores 8Project Description: Owner's 1200 MW hydroelectric greenfield project is on hold due to protest by the villagers in the project area which is a serious issue. Further bid for an EPC contractor is getting delayed and is expected only after the issue is resolved. 8Project Event: RFQ for an EPC contractor is expected by Q4 2018, instead of Q2 2018. 8Expenditure Approval: Q4:2017 8RFQ Date: Q4:2018 8Release Date: Q4:2018 8Start Date: 2020 8Completion Date: 2025 Click here for more information 8Project Name: Thermal Power Maintenance Project 8Project Cost: 14 crores 8Project Description: Promoter has planned a 19-day annual overhaul of boiler and its auxiliaries maintenance in a 600 MW thermal power station. The mandatory job includes servicing of burner system, servicing of HP valves and safety valves, replacement of axial seals, inspection of generator and its parts, condenser cleaning and inspection, replacement of pipe supports, angles, beams and channels for flue gas ducts. 8Project Event: RFQs for required equipment are expected in first week of May 2018. Click here for more informationDetails
Here is an operator who had little idea of the oil & gas sector before he stepped in and became an operator. He is from an unrelated field. He has a big investment ahead of him. As he begins to learn more about the business, he has deferred his plans for hiring a rig and and a pipeline contractor by a couple of months. 8Project Name: Oil Field Development 8Project Cost: Rs 200 crore 8Project Description: The operator is planning the development of the an oilfield. The block was awarded to the company under the Discovered Small Fields Round 2016. The TOR for the project has now been granted. However, the application for the forest clearance has not been submitted till now. The project involves development drilling of oil wells and laying of an infield pipeline to connect with the nearest OIL's production facility (GGS). Production from the block is expected to start by the end of 2021. 8Project Event: RFQs for hiring Drilling Rig and contractor for pipeline installation are expected by August 2018 instead of May 2018. 8Expenditure Approval: Q4/2017 8RFQ Date: Aug/2018 8Release Date: Oct/2018 8Start Date: Q1/2019 8Completion Date: Q1/2021 Click here for more information for key company contactsDetails
Discovered fields were handed over to new operators with much fanfare. Here are two stories of developers and what they are doing with their blocks. After initial analysis of his offshore field, this particular owner figured out that it had fewer reserves than he thought the field initially did when he put in his bid. The operator has now sought some kind of a special dispensation from the ministry but the latter, quite evidently, is not willing to play ball. The project involves development drilling of oil wells, installation of an offshore platform and laying of a subsea pipeline. For now, it looks like the operator has delayed the RFQs for an EPCM contractor for the job 8Project Name: Offshore Field Development 8Project Cost: Rs 800 crore. 8Project Event: RFQs for hiring an EPCM contractor is expected by August instead of May 2018. 8Expenditure Approval: Q1/2018. 8RFQ Date: Aug/2018. 8Release Date: Oct/2018. 8Date: Oct/2019. 8Completion Date: Oct/2022. Click here for more detailsDetails
For reference purposes the website carries here the following tenders: 8Providing Coating Integrity Survey for pipeline network Details 8Procurement of 1560 MT Hydrochloric Acid for Integrated Offsite PlantsDetails 8Miscellaneous services required for development of CBM fieldDetails 8Overhauling and Testing of Heat Exchangers during shutdownDetails 8Maintenance of Green Belt inside Onshore TerminalDetails 8Contract for haulage, clearing, cartage and miscellaneous works in LPG TerminalDetails 8Repair work of optical fiber cable in pipeline section Details 8Annual Rate Contract for Civil Works for various Process Schemes in refinery Details 8Servicing of MOV actuators installed at refineryDetails 8Procurement of 10920 KG Erucamide F&T for PP unitDetails 8Consultancy services for strengthening, repair and improvement of jetty infrastructuresDetails 8Procurement of Scale Inhibitors Details 8Supply of Hexagonal Kelly and other miscellaneous items Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Shell to sell its Downstream business in Argentina to Raízen Details 8OPINION: Mission accomplished for OPEC as oil moves from slump to boom Details 8European gas demand to continue to rise to 2022: Research Details 8Strong LNG demand, led by Asia, may be able to absorb new supply - executives Details 8China unlikely to repeat LNG import surge this winter - UnipecDetails 8US, Japan agree on commercial infrastructure in Indo Pacific Details 8Diesel hits all-time high of Rs 70, strike threat by truckers Details 8'Diesel price hike affecting garment industries'Details 8Jio may help RIL to regain $100 billion tagDetails 8Petrofac to sell offshore construction vessel to Shanghai Zhenhua Heavy Industries Details 8Market Now: Reliance, Oil India boost BSE Oil & Gas index Details 8Trump trade war spurs India to import more oil, drones from US Details 8Crude Oil Imports will likely cost India over $100 Bn in three years Details 8ONGC found flouting norms by refurbishing old cranes instead of replacing them Details 8India’s fuel demand grows 5.30pct in FY18 Details 8Oil tops $75, highest since 2014 OPEC meeting that led to pump war Details 8Oil stable but below recent highs as rising U.S. supplies threaten bull-run Details 8Oil minister Pradhan attends ONGC Solar Chulha Challenge Details 8EBRD says would back Poland's electric cars, anti-smog plan Details 8Clear CNG distribution, says NGT to West Bengal cabinet Details 8Lebanon to prepare for second offshore oil and gas licensing round - minister Details 8First growth in India’s natural gas production in six years Details 8Stanchart raises crude oil price forecasts for 2018, 2019 Details 8Petrol price in Delhi, Mumbai, Chennai, other cities today; no relief for drivers Details 8After four years of calm, Modi Government confronts India’s Age-Old Oil dilemma Details 8Spike in Crude Oil Prices threatens to upset India’s Macroeconomic balance Details 8RIL's high borrowing costs a sign of India Inc's troubles going ahead Details 8Hydrocarbon sector: Import intensity on the rise despite PM’s roadmap for relief Details 8Petrol and diesel rates are at record levels: 7 charts that explain the market dynamics at play Details 8Clear CNG distribution, NGT to state cabinet Details 8Fuel prices hit new high, no relief in sight for consumers Details You can also click on Newsclips for moreDetails
ONGC is planning maintenance and repair services of Jetty infrastructure at its Nhava Sheva Offshore Base in Mumbai. 8Find out what it is planning to do. 8And when? Click on Details for more
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8Project Name: Oil Field Development 8Project Cost: Rs 150 crore 8Project Description: ONGC is planning to drill one exploratory drilling in deepwaters of nomination block. Regulatory and other clearances were held up earlier by are now expected soon.The rig will be utilized in adjacent blocks as well where exploratory drilling is expected to come up. 8Project Event: RFQ for the hiring of deepwater rig is expected by Q3:2018. RFQ for the hiring of oilfield services is expected by Q3:2018. 8Expenditure Approval: Q4/2017 8RFQ Date: Q3/2018 8Release Date: Q3/2018 8Start Date: April/2020 8Completion Date: Dec/2021 Click here for more detailsDetails
8Project Name: Greenfield Natural Gas Pipeline Project 8Project Cost: Rs 3500 crore 8Project Description: Owner has hired a PMC contractor to lay a natural gas pipeline with a capacity of 25 MMSCMD with a length of 700 Km. 8Project Event: RFQ for procuring mainline pipes is expected by August 2018. 8Expenditure Approval : Q2:2015 8RFQ Date : Aug/2018 8Release Date: Sep/2018 8Start Date : Q4:2016 8Completion Date : Q3:2020 Click here for more details. (This link will take you straight to our project monitoring software. Clients also get a dedicated analyst to support his project queries) Details
8Project Name: Gas Pipeline Expansion 8Project Cost: Rs 4800 crore 8Project Description: The owner is planning the upgradation of its natural gas pipeline. The length of the pipeline will be 1000 Km. 8Project Event: RFQ for DFR consultant is expected by June 2018. 8Expenditure Approval : Q2:2017 8RFQ Date : Jun/2018 8Release Date: Jul/2018 8Start Date : Q4:2018 8Completion Date : Q4:2020 Click here for more details on pipeline route, project confirgurations and key contacts.Details
8Project Name: LPG Import Terminal Project 8Project Cost: Rs 1000 crore 8Project Description: Owner along with PMC contractor is planning to expand its existing LPG import terminal capacity. 8Project Event: RFQ for erection and installation work is expected by July 2018. 8Expenditure Approval : Q2:2017 8RFQ Date : Jul/2018 8Release Date: Aug/2019 8Start Date : Q1:2018 8Completion Date : Q2:2021 Click here for more details. 8Business Opportunity 8Owner is planning to float a bid for the procurement of Centrifugal horizontal pump and Centrifugal multistage pump. Moreover an O&M contract with a duration of two years is coming up for routine check up and maintenance of the Centrifugal horizontal pump and Centrifugal multistage pump and their spare parts in Mumbai refinery. Click on Details for key contactDetails
What is the ideal agent commission for foreign suppliers shortlisted by ONGC or OIL? 8There is clearly no fixed rule but there are unwritten rules. 8A high declared agent commission will stand rejected by the ONGC even though it is a matter between the agent and the supplier. 8So that is the right agency commission? Click on Details for more
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Tender processing is likely to get speeded up in ONGC after it went paperless. 8How quick is the process likely to be? Click on Details to know more
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Jackson International had elicited an extension of contract till the beginning of the monsoon session for its Jackup rig, Deepsea Fossil 8But in the process, it had to take a massive hair cut, according to company sources. 8The day rates of Jackup rigs have plunged to a third of what it was in 2015 when the rig was initially hired for a period of three years, according to industry sources. Click on Details for more about how much rig rates have plunged over three years for Indian operators Details
We carried a story yesterday, dubbed "The glass is either half full or half empty: Find out why Jackups is the best business to be in at this point in time.", in which we elaborated on how the biggest players in the industry are gearing up towards an upswing in rates on the back of rising investments which are buoyed by higher oil prices. 8But that may or may not be eventually true. The situation right now seems to be pretty grim. 8The website also carries here the a documentation of how low Jackup rig day rates have plunged in India. 8The fall in rates may not be as dramatic as is noticed in the PSV section but it is bad enough anyways. 8In fact, the rates settled in India for such rigs are supposed to be the lowest in the world Click on Details for more Details
8A technical analysis seems to show that OIL's scrip is going to see an upward movement. Click on Report for more. 8BHEL has made a firm entry into the municipal wastewater and waste treatment business. Know more click on Report. 8What are the internal and political dimensions of the TAPI pipeline? Enough is not known yet about the roles that Pakistan and India are playing in Afghanistan and how that can impact the fate of the pipeline. Click on Report for more 8Get all the presentations made in the recently held International Energy Forum meeting in Delhi here click on Report for more. 8Get a full analysis of kind of biogas units and the kind of technology that these are using and new units are likely to use in the future. Click on Report for more.
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How does the rise in crude prices impact the tanker market? 8Is it good or bad news when prices begin to rise. 8For tankers, the most notable impact in the short term will be higher bunker prices. 8Further down the line, higher prices could stimulate increased marginal barrels to flow into the market but at the same time potentially put downward pressure on demand. 8The future direction of the market remains finely balanced. 8Click on Reports to know more on how the tanker market is reacting prices going up. Know more on the latest tanker rates, newbuilding activity, buying and selling activities and the state of the current demolition market
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Indian public sector refineries are under challenge by the move towards use of desulphurized fuel. 8But the economics of desulphurization are tight. And many refineries will continue to look for markets for dirty fuels 8Since the market for sour products still exists, price spreads between sour and clean are still small 8Whether to go for deeper conversion or just desulfurization is often a dilemma: operating hydrocrackers in high severity can secure ultra-low sulfur quality and an increased middle-distillate yield, which leverages the economics if supplying a distillate-deficit market. 8However capex may be a deal-breaker when compared to current refinery value for these kinds of units. Click on Reports to know more
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TechnipFMC is the market leader in hydrogen plants 8Its proprietary steam reformer design is compact with high thermal efficiency and low carbon emissions per unit of syngas. The cost-effective design, especially for larger capacities, can be modularized and customized for each application 8Many of today’s refinery hydrogen plants use multiple feedstocks ranging from refinery off-gases (ROG) and natural gas to LPG and naphtha 8Find out what are the key differentiators that set TchenipFMC aside from its competitors 8Know more about how its over-the-fence hydrogen plant business, in collaboration with Air Products, is doing. 8Renewable energy based production of hydrogen is an emerging area for the company. Click on Reports for more
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8Project Name: Thermal Power Plant - FGD Addition 8Project Cost: Rs 650 crore 8Project Description: The Promoter is planning to install FGD (Flue Gas Desulphurisation) units at its 1050 MW thermal power plant in order to comply with new environmental norms. Currently, preparation of NIT documents is underway. Tenders are expected to be floated out soon. 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 and installation of FGDs are expected to be out by June 2018. 8Expenditure Approval: 2016 8RFQ Date: Jun/2018 8Release Date: Jul/2018 8Start Date: Q1:2021 8Completion Date: Q4:2021 Click here for more informationDetails
The sharp and inexorable decline in the day rates of Platform Supply Vessels (PSVs) over the last three years is a grim reminder of how bad the situation has been for mostly Indian companies who supply these vessels. 8According to data provided by the industry, we track the deterioration of day rates from 2015 onwards of a 3000 MT PSV of a prominent Indian supplier to illustrate the sorry state of the E&P vessel industry. 8The price has dropped by an astounding 83% 8"The drop in rates is so severe that quite obviously, only marginal pricing principles are at play," the industry source said. "It is a Hobson's choice: keep the vessel idle or keep it going," an industry executive said. 8How long will these abysmally low prices prevail? 8"We have heard that the investments are going up, but they are not reflecting on the day rates," the executive said. 8Marine spread calculation for a vast amount of offshore work that is now going on off the two coasts of India can take advantage of the low PSV rates. 8The point to note however is that the drop in rates has impacted all aspects of the offshore industry and not the PSV industry. Click on Details for the exact rates
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8Project Name: Refinery BS-VI Greenfield Project 8Project Cost: Rs 650 crore 8Project Description: Owner along with EPCM contractor and licensors is planning to install a sulphur reduction unit 8Project Event: RFQ for the Heat exchanger is expected in June 2018; RFQ for the short lead items is expected by July 2018. 8Expenditure Approval : Q3:2017 8RFQ Date : Jun/2018 8Release Date: Jul/2019 8Start Date : Q2:2018 8Completion Date : Q1:2021 Click here for more details. 8Business Opportunity for the Maintenance Contractor 8The owner is planning to float a bid of short term contract for repair and maintenance of the equipment for Naphtha Hydro Treating Unit (NHDT), Isomerisation Unit and Motor Spirit Quality Unit (MSQ) at the time of planned maintenance in its refinery. 8Get the key contact and refinery name here Click on DetailsDetails
For reference purposes the website carries here the following tenders: 8Hiring Services of Turnkey Transportation for Drilling Rigs and Workover Rigs Details 8Hiring of Services for Miscellaneous Job Contracts relted to Well ServicesDetails 8Instrumentation activities to be carried out during DHDT ShutdownDetails 8Supply and Installation of Palletise Lube Oil Storage Racks at Lube Oil Storage HubsDetails 8EOI for hiring of office buildingDetails 8Carrying out Quantitative Risk Assessment and Hazop Study followed by Preparation and Vetting of ERDMP for Madurai TerminalDetails 8Calibration of mass flow meters supplied under PHDPL and Kolkata ATF project Details 8Carrying out Last Mile Connectivity (Pipe Line Laying) Details 8Supply of Plate Type Heat Exchanger at refineryDetails 8Preparatory Jobs for Foundation Stone Laying of 2G Ethanol Project at PR Marketing TerminalDetails 8Supply of CS Pipes under TPI as per tender specificationDetails 8Repair and maintenance of Columns Vessels Heat Exchangers Air fin coolers Furnaces Pipings and other miscellaneous jobs at refinery Details 8Fabrication and Supply of Petroleum Storage Tanks for Oil Retail Outlets Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Australia confident of 'beating' Paris climate deal targets, says minister Details 8Finmin not for cut in excise duty on petrol, diesel Details 8Petrol price at Rs 74.50 a litre in Delhi, highest since September 2013 Details 8Iraq to auction oil exploration contracts on Thursday Details 8Iran says no need to extend OPEC, non-OPEC pact if crude oil prices rise - SHANADetails 8India’s crude oil import bill set to rise 20% to $105 billion in FY19 Details 8Nanar refinery: CM, Sena minister talk in divergent voices Details 8India highest recipient of expat remittances at $69 bn, retains top spotDetails 8Iran hints at possibility of discounts on oil to preserve market share - TVDetails 8Ind-Ra: Domestic Natural Gas Prices hiked by 6% for April-September 2018 Details 8OPINION | Rising oil prices not just hurting the Aam Aadmi, it's hitting the economy too Details 8Market Now: HPCL, BPCL keep BSE Oil & Gas index up Details 8Trump trade war spurs India to import more Oil, Drones from U.S. Details 8Levies comprise nearly half of petrol price, 40 per cent of diesel price in Delhi Details 8Oil rallies to a 3-year high Details 8Govt expects oil import bill to cross $100 billion mark after three years Details 8Pressure on states to reduce fuel tax Details 8Oil on the boil poses risk to Indian equities, says JPMorgan Details 8Haryana signs pact with IOC for setting up biomethenation plant Details 8Remittances: India retains top position Details 8Uzbekistan to join Turkmenistan-India gas pipeline project Details 8Now, a big data boost for infrastructure sector Details 8SC seeks report on compliance of safety features of Kudankulam n-plant Details 8Artificial Intelligence won't mean fewer jobs in India: Bibek Debroy Details 8Malaysia's Petronas delivers LNG to South Korea's S-Oil Details 8First phase of PMUG project likely to be completed before deadline Details 8Diesel price in India today up 10 paisa; Mumbai rates over Rs 70 per litre; check other cities Details 8Petrol price in India today up by 10 paisa; Metro cities crack to new highs, check rates here Details 8India-Poland bilateral trade crosses $3 bn in 2017: Polish envoy Details 8Thai petroleum fields auction to begin Tuesday: Energy Minister Details You can also click on Newsclips for moreDetails
8Project Name: Onshore LNG Terminal Greenfield Project 8Project Cost: Rs 5000 Crore 8Project Description: Owner along with EPC contractor Engineers India Limited had conducted the front-end engineering design. RFQ for the equipment is already out. 8Project Event: RFQ for dredging work is expected by July 2018. 8Expenditure Approval : Q1:2017 8RFQ Date : Jul/2018 8Release Date: Aug/2018 8Start Date : Q1:2018 8Completion Date : Q1:2020 Click here for more detailsDetails
8Project Name: Greenfield Gas Pipeline 8Project Cost: Rs 1000 crore 8Project Description: The owner is currently going through clearances and permissions are expected to be solicited by in the next couple of months 8Project Event: RFQ for PMC contractor is expected by August 2018. 8Expenditure Approval : Q3:2017 8RFQ Date : Aug/2018 8Release Date: Sep/2018 8Start Date : Q4:2018 8Completion Date : Q4:2020 Click here for more details for a map of the pipeline, other project configurations along with key owner contactsDetails
Cochin Shipyard has agreed to pay up for the damage suffered by the Sagar Bhushan while dry docking with it 8There was an insurance cover for it 8The net financial outgo from the company will be less Click on Details for mmore
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Opportunities for Extended Reach Drilling technology service providers are to come up soon 8The contract will be awarded by Oil India Ltd 8The Block has proven oil reserves Click on Details to identify key contacts and project detailsDetails
8Project Name: Oil Field Development 8Project Cost: Rs 800 crore 8Project Description: The Promoter is planning exploratory drilling of 20 wells. The exploratory drilling is planned in two phases. The upper section of about 1000-1200m, comprising the hard and abrasive formations are to be drilled using Air Hammer Drilling Technology contractually to achieve better drillability and reducing Rig time and cost. Subsequently, promoter owned electrical type rig is proposed to be deployed for undertaking deviation drilling in the reservoir section using turbo / appropriate rotary drilling technique. The project requirements will be casing pipes, drilling pipes, drill bits, Cementing services (Cement, Cementing Chemicals and accessories), and other Drilling supplies. Further RFQs are expected shortly. 8Project Event: RFQ for the hiring of Oilfield services is expected by Jul:2018. 8Expenditure Approval: Q1/2017 8RFQ Date: Jul/2018 8Release Date: Aug/2018 8Start Date: Dec/2019 8Completion Date: Dec/2021 Click here for more details including key contactsDetails
8Project Name: Offshore E&P Decommissioning Project 8Project Cost: Rs 700 crore 8Project Description: Six companies have been shortlisted. 8Project Event: The LOI is expected to be awarded by June 2018. 8Expenditure Approval: Q2/2017 8RFQ Date: Q1/2018 8Release Date: Q2/2018 8Start Date: Q1/2019 8Completion Date: Q4/2019 Click here for more informationDetails
8Project Name: Strategic Storage Greenfield Project 8Project Cost: Rs 5000 crore. 8Project Description: Indian Strategic Petroleum Reserves Limited's plans to come out with RFQs has been delayed by 2 to 3 months. At present, the project is in Pre Planning stage. The project proposes to construct salt leached caverns over an estimated time frame of 96 months. The clearance for the project is still awaited from Petroleum ministry's end. 8Project Event: RFQs for hiring PMC contractor for the project is expected by August 2018 instead of May 2018. 8Expenditure Approval: 2016. 8RFQ Date: Aug/2018. 8Release Date: Sep/2018. 8Date: Q4/2019. 8Completion Date: Q4/2027. Click here for more details including key contacts and relevant project configuration and dozens of related parametersDetails
8A huge capex is expected to come in emission control equipment. 8Click on details below to know the status of thermal power stations for implementation of FGD. Our sophisticated project monitoring software encompasses the detailed information of the requisite project along with the RFQs and the key contact details. Click on details for further informationDetails
8Project Name: Thermal Power Brownfield Project 8Project Cost: 7000 crores 8Project Description: Owner's 660 MW super-critical thermal power plant in the existing premises of it's thermal power complex is getting delayed on the lack of issue of the LOA to the EPC contractor. The EPC contractor will come out with further bids subsequently. The project requirement are: water cooled condenser, vacuum pumps, boiler feed pumps and its drives, feed pump motor, deaerating heater and closed heaters, condensate extraction pumps, suction basket strainer, furnace system, furnace chamber, bed media and fuel feed system, air supply and distribution system, soot blowing system, ESP, chimney (275 m),ash handling system,water treatment plant, DM plant, fire fighting system,turbine oil purification system, switch-yard equipment, cranes, thermo mechanically treated steel, DG sets, rolling shutters, fencing materials, down shop lead (DSL) crane, carbon steel and pipe, Cu Ni / Al bronze tubes, stacker cum reclaimer, wagon tippler, piles, reinforced steel, structural steel, MS & Electro forged gratings, conveyer belts, side arm charger, among others. 8Project Event: RFQs for civil works are expected to be out in June 2018. 8Expenditure Approval: May/2018 8RFQ Date: Jun/2018 8Release Date: Jun/2018 8Start Date: Q2:2020 8Completion Date: Q3:2025 Click here for more information 8Project Name: Thermal Power Station - FGD Addition 8Project Cost: 800 crores 8Project Description: Owner's plans to install a Flue-Gas Desulfurisation Unit (FGD) in its 1500 MW thermal power plant is getting hampered because funds has not been allotted by the state government. Further bids are expected soon. The project 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 of an FGD are expected to be out by the Q3 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: Q3:2018 8Release Date: Q3:2018 8Start Date: Sep/2021 8Completion Date: Q4:2023 Click here for more information 8Project Name: Thermal Power Maintenance Project 8Project Cost: 18 crores 8Project Description: Promoter has planned a 20-day scheduled maintenance of 250 MW in the 2000 MW thermal power complex covering annual overhaul of boiler parts and its auxiliaries. The mandatory job includes servicing of burner system, servicing of HP valves and safety valves, replacement of axial seals, inspection of generator and its parts, condenser cleaning and inspection, replacement of pipe supports, angles, beams and channels for flue gas ducts. 8Project Event: RFQs for required equipment are expected in June 2018. Click here for more information 8Project Name: Thermal Power Station - Installation of FGD 8Project Cost: 800 crores 8Project Description: Promoter is planning the installation of a Wet Flue Gas Desulphurization (WFGD) Unit at its 1500 MW thermal power station. Further bids are expected soon but only after getting approval from the state government. The project 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 WFGD is expected to be out by May 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: May/2018 8Release Date: Jun/2018 8Start Date: Q3:2019 8Completion Date: Q4:2021 Click here for more information 8Project Name: Super Thermal Power Plant - AMC Contractor 8Project Cost: 1 crores 8Project Description: A JV company will come out with a bid for annual maintenance contract (AMC) for electrical equipment in the switch-yard area after preparation of the Notice Inviting Tender documents in the 2500 MW thermal power station 8Project Event: RFQs of an AMC for electrical maintenance of the switch-yard area are expected by Q3 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: Q3:2018 8Release Date: Q3:2018 8Start Date: Q4:2018 8Completion Date: Q1:2020 Click here for more information 8Project Name: Thermal Power Plant - Annual Rate Contract 8Project Cost: 3 crores 8Project Description: Owner is in preparation of the Notice Inviting Tender document for the ARC for a 600 MW thermal power plant. Further bids are expected soon. 8Project Event: RFQs for an annual contract for the O&M of coal handling plant are expected by Q3 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: Q3:2018 8Release Date: Q3:2018 8Start Date: Q4:2018 8Completion Date: Q4:2019 Click here for more informationDetails
A growing number of businesses around the world are turning to internal carbon pricing as a tool to manage climate-related risks and transition to a low-carbon economy. 8There are early signs that internal carbon pricing is also making inroads into forward-looking Indian businesses. 8The website carries here a seven-point primer for developing and implementing an internal carbon-pricing scheme. 8The primer is based on the experience of five Indian companies who have gone through this route. 8The Indian government has signaled its intent to transition to a low carbon economy by committing under the Paris Agreement to have about 40 percent of non–fossil fuel-based electric power capacity in its energy mix by 2030. There is currently only a cess of Rs 400 levied per ton of coal purchased or imported by power producers. 8Additionally, programs such as clean energy and energy-efficiency standards (BEE 2012), renewable energy certificate schemes and renewables purchase obligations (MNRE 2016) also, in effect, impose a cost on carbon emissions. 8It is not yet clear how Indian regulations will evolve as the nation works to reduce emissions. 8Nevertheless, the current regulatory landscape provides a favorable setting for increased corporate adoption of internal carbon pricing across sectors. Click on Reports for more
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There is more bad news for Rupeshbhai Kantilal Savla, the managing director of Deep Industries Ltd 8After a two-year blacklisting of the company by ONGC for providing false information on a contract, Salva has now been delivered a show cause notice by SEBI for insider trading. 8SEBI has detailed the manner in which Savla has gained by indulging in insider trading from advanced information that his company had won ONGC rig tenders 8Clearly, things have not been above board for Deep for some time now Comment:There is a certain devil-may-care attitude among a lot of Indian oil and gas entrepreneurs. They start off small, usually as agents of suppliers, and then, eventually, after learning this complicated business well enough, venture out on their own. ONGC, through a maze of rules, has kept its entry barriers high, allowing only those which are nimble footed and well connected through its doors. The provision of onland rigs or gas compression units, in which Deep Industry specializes, should usually have a reasonably large number of players in a country such as India but only a handful of those who are most persevering make the grade. And some of those who do, believe they can get away with anything. Click on Details for moreDetails
8Single bids: ONGC plans to institutionalize the single bid tendering system, making it easier for the company to cut delays in procurement of goods and services. Click on Details below for more click on Report. 8Even as a lot of analysis has been done on how coal demand is on the wane, major exporters have seen a big increase in business in 2017. Click on Report for more. 8In the absence of a specific clause dealing with the activities in connection with exploration, exploitation or extraction of mineral oil in a Double Taxation Avoidance Agreement (tax treaty) carrying out of geophysical activities by vessels present in Indian territory would constitute a fixed place permanent establishment (PE) in India.Click on Report for more. 8The Monetary Policy Committee of the RBI is made up of big names. Find out more on why they have kept the repo rate unchanged. Click on Report for more. 8OPEC and participating non-OPEC countries have achieved a conformity level of 149% with their voluntary production adjustments, the highest level so far. Click on Report for more. 8A few Indian micro-grid companies has come up with strong all-India presence, capable of taking on seasoned multinationals. Here is one example. Click on Report for more. 8A warning has gone out to ships in the Indian Ocean after the recent attack on the Saudi frigate, RSN Al Madina, conducted via an unmanned, remotely controlled vessel. Click on Report for more. 8If the Place of Effective Management (POEM) of an enterprise is not situated in another state, the benefit of a bilateral tax treaty cannot be granted to the tax payer. Click on Report for more. 8India and Hong Kong Special Administrative Region (HKSAR) of People’s Republic of China signed a tax treaty last week. Find more details here click on Report. 8A series of fresh GST orders have come into vogue and these may impact your business. Know more here click on Report. 8Fuel cell power plants are coming into increasing use with a diverse range of users. Will they come into play in micro grid solutions as well at some point in time? Click on Report for more. 8Bitumen consumption in India has been subdued as India is making a transition to cement and concrete to pave roads. Click on Report for more. 8New tariffs have been set by Kakinada Sea Ports. Know more click on Report. 8Values of tankers have softened in March on account of lower charter higher rates Click on Report for more. 8India undertook more than 7,000 steps at the central- and state-level, to simplify business regime and attract foreign investments in the country. Know more about what these were click on Report.
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If you are ambitious and deep pocketed, this could be the best time to acquire floundering oil & gas equipment supplier 8One such acquirer of a premium jackup rigs company -- his maiden entry into the business -- showcases how it has bought these rigs at the lowest possible entry rates. 8The dare then is to be able to hang in and wait for the market to improve, which it will be by all available indications 8Projections carried here by the website already show a 50% improvement in tendering in 2018 even though rates haven't started going up yet 8Data is also carried on how rates can improve when the market turns 8Know more on why he feels jackups is a very good business to be in at this point in time 8The glass is half full or half empty depending upon your perspective Click on Reports for more
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How has the India oil & gas industry done in 2017-18. 8Despite high prices, LNG imports were up 7.1%, the highest ever import of LNG. 8Projections are the import bill of crude oil is estimated to increase by 20% from $88 billion in 2017-18 to $105 billion in 2018-19 Find out more about 8Domestic production of oil & gas 8Imports 8Refinery output 8Oil and gas pipeline under execution 8CBM developments Click on Reports for more
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Is it possible to use smart technology in the gas industry in India? 8Even in oil and gas contracts? 8Can blockchain come into play? 8The answer is "yes", particularly because buyers fell these contracts are non-transparent Click on Reports of a few examples elsewhere which can perhaps be applicable in India as well
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For reference purposes the website carries here the following tenders: 8Repair/ Re-lining of rubber lining and HDPE piping jobs at refinery Details 8Statutory Periodic Testing Process for LPG Underground vessels and PipelinesDetails 8Proposal for Agency Line Up to carry out Ultrasonic Thickness Measurement of Equipment and Piping at refineryDetails 8Supply of CS Pipes under TPI as per tender specificationDetails 8Acoustic Emission Testing of tanks at refineryDetails 8Calibration of Master Mass Flow MetersDetails 8Third Party Inspection and Certification for Statutory Testing of LPG Storage Vessels Details 8Procurement of Stationary and Mobile Cascades for City Gas Project Details 8Procurement of Activated Carbon in refineryDetails 8Laying of MDPE Network and GI/ Copper Installation for City Gas ProjectDetails 8Hiring of vehicles for City Gas ProjectDetails 8Fabrication and Supply of Petroleum Storage Tanks for Oil Retail Outlets Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8HSBC to stop financing most new coal plants, oil sands, arctic drilling Details 8India’s fuel demand grows 5.30% in FY18 Details 8Trump rails against high oil prices, OPEC pushes back Details 83.60 cr LPG connections given under Ujjwala scheme in 2 yrs: Pradhan Details 8Price rising, but diesel still way cheaper than petrolDetails 8Petrol price hit highest level under BJP govt, diesel at record peak Details 8Garbage menace to end soon with waste-to-energy plant Details 8India's pace of growth to accelerate in 2018-19: RBI governorDetails 8Petrol price hits highest level under BJP govt, diesel at record peakDetails 8Fuel marketers may have to continue paying higher debit card fees Details 8Gas trading hub: A challenge, but doable Details 8Time to step on the gas Details 8What govt. can do to keep fuel prices under check Details 8Financial services is the best way to play India structural story: Deepak Ramachandra, BofAML Details 8Petrol price surges to 55-month high, diesel at all-time high Details 8QBiz: RBI Governor sure of Economic Recovery; Petrol prices surge Details 8Diesel smuggling on high seas busted Details 8IOC to enter battery vertical Details 8Diesel price at all-time high, petrol costliest since September 2013 Details 8Petrol prices touch highest level under BJP govt, diesel at record peak Details 8Cairn Vedanta deploys drones to monitor pipelines Details 8GAIL officers’ panel opposes unbundling plans Details 8Q4 earnings, oil prices and more: Key events that will chart market direction this week Details 8Opinion: Modi must resist urge to indulge in petrol populism Details 8Oil prices dip on increased US drilling activity, but sentiment remains bullish Details 8Average price of US gas jumps 9 cents, to $2.83 a gallon Details 8Panama Canal to carry 30 mln T of LNG by 2020 as global demand grows Details 8ONGC targets onshore dollars Details 8Collective work needed to mitigate climate change: PM Modi Details 8Nagarjuna Oil goes for liquidation as bidding fails Details You can also click on Newsclips for moreDetails
8Project Name: Refinery Modernization Project (VRMP) 8Project Cost: Rs 21000 Crore 8Project Description: The owner along with the PMC and licensor is carrying out engineering activities to expand the capacity of a refinery. The EPCC has been selected for some units and tendering is out for some others. 8Project Event: RFQ for the equipment for the VGO Unit and Hydrogen Unit is expected by July 2018. 8Expenditure Approval : Q4:2016 8RFQ Date : Jul/2018 8Release Date: Aug/2018 8Start Date : Q2:2017 8Completion Date : Q2:2020 Click here for more details for project configurations and key contacts. 8Project Namet Refinery Unit Modernization Project 8Project Cost: Rs 200 crore 8Project Description: The owner along with the EPC contractor is carrying out engineering activities.RFQs for the major equipment are already out. 8Project Event: RFQ for the electrical and instrumentation work is expected by July 2018. 8Expenditure Approval : Q2:2017 8RFQ Date : Jul/2018 8Release Date: Aug/2018 8Start Date : Q1:2018 8Completion Date : Q3:2020 Click here for more details. 8Project Name: Brownfield Refinery Expansion 8Project Cost: Rs900 crore 8Project Description: Owner along with EPCM contractor is conducting detailed engineering to convert the Catalytic Reformer unit to an Isomerization unit while also revamping the Naphtha Hydro-Desulfurization unit to a Naphtha Hydro-Treating unit. 8Project Event: RFQ for Mechanical work is expected by August instead of July 2018. 8Expenditure Approval : Q2:2016 8RFQ Date : Aug/2019 8Release Date: Sep/2020 8Start Date : Q2:2016 8Completion Date : Q2:2020 Click here for more detailsDetails
8Project Name: Desalination Plant. 8Project Cost: Rs 500 crore. 8Project Description: The owner's RFQ for the construction of a Sea Water Reverse Osmosis Desalination Project has been delayed. 8Expenditure Approval: Q1/2016. 8RFQ Date: June/2018. 8Release Date: Aug/2018. 8Date: Q4/2018. 8Completion Date: Q4/2019. Click here for more details for more, including key contacts Rs 400 crore exploratory drilling programme: RFQs for equipment in Q3 2018 8Project Name: Exploratory Drilling 8Project Cost: Rs 400 crore 8Project Description: Onwer is planning the exploratory drilling of 35 wells across a swathe of PMLs. The owner will deploy its own rigs for the project. The drilling for the project is expected to start by Decmeber 2018. RFQs for the following equipment are expected shortly Casing Pipes, Cementing Unit, Mobile Effluent Treatment Plant, Casing-Head, Pressure Gauge, Valves and Well Chemicals. 8Project Event: RFQs for the equipment are expected by Q3 2018. 8Expenditure Approval: Q2/2018 8RFQ Date: Q3/2018 8Release Date: Q3/2018 8Start Date: Q4/2018 8Completion Date: Q4/2021 Click here for more informationDetails
A new low established in the day rate for the hire of a stimulation in Mumbai High came a shock even for ONGC. 8There is disbelief that a technically qualified supplier can quote such low rates against the tender 8"This the kind of rate at which we will be worried about the quality of service," a top ONGC official told this website 8Even the competitors were stumped. "Frankly we do not know how this pricing was worked out, because in our scheme of things, this just does not seem right. 8Under directions right from the top, ONGC's asset level officials and executive directors are ensuring that contract management terms of tight and the quality of service is up to the mark. Click on Details for more
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Which is the company that eventually beat competitors to get the stimulation vessel contract from ONGC at rock bottom rates? 8What kind of rates was quoted by everyone? 8By how much was the L-1 rate lower than the rest? Click on Details for more
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The abysmally low rate struck against the ONGC tender for a stimulation vessel seems to indicate that all is not well at all in the offshore E&P vessel market as yet. 8There is a pick up in investment, global research seems to show, but there is no pick up at all in day rates of rigs and vessels. 82018 does not seem to be a great year yet and everyone is now hoping to 2019 will show an uptick 8The ONGC brass is reading the signs on the walls and is now thinking of a big change in its purchase policy 8A committee has been set up and if the brief given to it is implemented, it can dramatically alter the offshore business in India Click on Details for more
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8Project Name: Pipeline Expansion Project 8Project Cost: Rs 300 Crore 8Project Description: Owner is planning to expand its product pipeline capacity. Environment clearance is expected by June 2018. 8Project Event: RFQ for PMC contractor is expected by July 2018. 8Expenditure Approval : Q3:2016 8RFQ Date: Jul/2018 8Release Date: Aug/2018 8Start Date : Q3:2018 8Completion Date : Q1:2021 Click here for more details for key contacts and other informationDetails
Praj Industries Ltd is one of those rare companies to have been able to leverage its indigenously developed 2G bio ethanol technology to elicit big-ticket orders from oil companies 8The company offers what it terms "end-to-end solutions" now. 8It has been able to solicit companies such as BPCL, HPCL, IOC and EIL 8An order has been received from BPCL, MOUs have been signed with IOC and it is the only company shortlisted by HPCL against a global tender 8Find out how Praj has been able to monopolize this lucrative segment of the industry. 8As and when the government steps up its ethanol blending programme from 4% to 10% to even 20%, Prag claims it will be there to grab a good chunk of this business. Click on Reports for moreDetails
ONGC wasn't able to achieve its target crude production in 2017-18. Output was at 22.2 MMT against a target of 23 MMT 8Delays in getting some projects off the ground, technical snags and high water cut in aging fields were cited as reasons 8The long delayed conversion of the Sagar Samrat to an MOPU seems to have to have been delayed again. Additional output planned from the field from the WO16 cluster from October’17 couldn't be started up. This was one plan that did not fructify 8The much touted ‘Integrated Development of B-127 Cluster’, again from Oct.’17, got delayed though plans are to kickstart it before the monsoon breaks or else they will have to wait till October. 8Technical snags with ESPs held up production in the NBP field and they were only sorted out in February 8Then again, higher water cuts are causing problems across a range of fields, from Heera, Neelam and B-173 fields as well as assets in Mehsana and Assam. 8Meanwhile, OIL's 2017-18 output was at 3376.28 TMT which is 9.58% lower than target on high water cut from its aging fields and inadequate results from its workover programmes Click on Reports for moreDetails
On the gas front, the performance of the duo has been worse 8ONGC produced 2013.61 MMSCM of gas in March, which is 8.7% lower than the monthly target while in all of 2017-18, output was at 23429.47 MMSCM , 3.22% lower than the target 8OIL's production at 2881.50 MMSCM for 2017-18 was was 4% below target 8Private and JV output was at 6338.34 MMSCM during the year, a massive 20.03% below target 8At a time when the government has ambitious targets of plugging import dependency, this performance is abysmal by every yardstick 8ONGC's failure to get the B-127 cluster going and its inability to get more punch out of the WO16 cluster is a self-made failure. To accord sanction to an inexperienced contractor to convert the Sagar Samrat to an MOPU and the subsequent inability to coax the contractor to get the system operational, in fact, requires a full a full fledged investigation on its own 8Technical downhole problems with OIL's producing wells and snags with faulty compressors procured from BCPL were to be blamed for OIL's lack of performance 8RIL's D-6 wells have been underperforming for a long time. One well went of production for nearly a month on low reservoir pressure. All of this added up to create the big shortfall in overall output from the private and JV segment. 8ONGC claims 2018-19 will be a different year, as output is going to come in from all directions, including from the East Coast as well as from the long delayed Daman field. Let's wait and see. Click on Reports for moreDetails
Essar seems to have run into trouble with its Raniganj CBM block 8This website has received complaints that vendors have been not been paid off 8A few of them, Aakash Exploration, Kingston Oil field and MACO Corp. have been working with Essar Oil for the last five years as service providers for workover rigs 8But Essar has not paid up for the past six months, forcing them to move an insolvency petition 8The worst hit of course is Matix Fertilisers, which had set up a Rs 5000 crore ammonia-urea complex on the promise of gas from the Raniganj field. The company will have to wait for the trunk pipeline built by GAIL to become operational to get to full production. 8The plant tried to run on limited gas supplied by Essar but is currently under shutdown as Essar had closed some wells for planned maintenance and refrac jobs. Click on Reports for moreDetails
Capital approval has been given for RIL-BP's second of the three offshore gas projects in the Rs 40,000 crore "R Series" fields in the KG Basin. 8They are expected to bring a total of 30-35 million cubic metres (1 billion cubic feet) of gas a day new domestic gas production onstream, phased over 2020-2022. 8The breakeven levels of the output are such that given possible gas prices in India, a good double-digit margin in investment is expected, sources said. 8Contracts have already been finalized for the first phase and it is likely that the same contractors will get additional work in the second and third phases of development of the project Click on Reports for more Details