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Apr 2018
The general perception that that technological change has plateaued out in the solar power industry is incorrect
8New technology is still being injected at a rapid pace into the sector.
8Tariffs of less than Rs 2/kwh are already looming ahead, and the possibility of a Rs 1/kwh, paradigm, when transformational technological change, including the production of chemicals from solar energy, can take place is now very real.
8The technology is no longer about producing more efficient solar panels but also about intelligent e-management, customised solar power, ubiquitous power sources and, interestingly, about esthetics as well (solar panels now come in different colours and shapes, and they add rather than subtract from the aesthetics of a building or a surface).
8Seven different trends have been identified within the solar industry that will make power more efficient, far cheaper than today and more greener.
8The oil & gas industry must keep a close watch on these developments
Click on Reports for more Details
8New technology is still being injected at a rapid pace into the sector.
8Tariffs of less than Rs 2/kwh are already looming ahead, and the possibility of a Rs 1/kwh, paradigm, when transformational technological change, including the production of chemicals from solar energy, can take place is now very real.
8The technology is no longer about producing more efficient solar panels but also about intelligent e-management, customised solar power, ubiquitous power sources and, interestingly, about esthetics as well (solar panels now come in different colours and shapes, and they add rather than subtract from the aesthetics of a building or a surface).
8Seven different trends have been identified within the solar industry that will make power more efficient, far cheaper than today and more greener.
8The oil & gas industry must keep a close watch on these developments
Click on Reports for more Details
In such a dramatically changing world, what kind of base data can oil & gas analysts take into account?
8A harmonizing exercise done of projections made by BP, Exxon Mobil, the IEA and others show that they differ dramatically.
8Estimates for renewable energy can vary from minus 68% to plus 240%
8There are also wide variations in projections of other energy sources as well
8There are instances of under and over reporting too
Click on Reports to know more on what kind assumptions and data you need to use to ensure that your forecasts are reliable Details
8A harmonizing exercise done of projections made by BP, Exxon Mobil, the IEA and others show that they differ dramatically.
8Estimates for renewable energy can vary from minus 68% to plus 240%
8There are also wide variations in projections of other energy sources as well
8There are instances of under and over reporting too
Click on Reports to know more on what kind assumptions and data you need to use to ensure that your forecasts are reliable Details
Limiting global warming to 1.5 °C will require rapid decarbonisation of the world’s electricity and transport systems.
8What will a city of the future look like? It will have to be built around a different transport and urban paradigm.
8Latest research shows that the new model will be a polycentric city linked by fast electric rail, with local access based on autonomous “community” owned electric cars and buses supplemented by bicycles, electric bikes and scooters, with all electricity generated from renewables.
8Less space will be wasted on roads and parking, enabling higher accessibility yet more usable public open space.
8The precise way in which individual cities move into the future will vary, but an illustrative examples are given on how some of the great cities will evolve over the years.
Click on Reports for more Details
8What will a city of the future look like? It will have to be built around a different transport and urban paradigm.
8Latest research shows that the new model will be a polycentric city linked by fast electric rail, with local access based on autonomous “community” owned electric cars and buses supplemented by bicycles, electric bikes and scooters, with all electricity generated from renewables.
8Less space will be wasted on roads and parking, enabling higher accessibility yet more usable public open space.
8The precise way in which individual cities move into the future will vary, but an illustrative examples are given on how some of the great cities will evolve over the years.
Click on Reports for more Details
The fully autonomous vehicle is now around the corner
8Find out more on which car manufacturers are coming out with autonomous vehicles. What are their timelines?
8In any case, autonomous emergency braking is expected to be a common features in most cars by 2022.
8While there have been setbacks, the progress has been very rapid indeed
Click on Reports for more Details
8Find out more on which car manufacturers are coming out with autonomous vehicles. What are their timelines?
8In any case, autonomous emergency braking is expected to be a common features in most cars by 2022.
8While there have been setbacks, the progress has been very rapid indeed
Click on Reports for more Details
In tankers, average earnings for a modern VLCC have slumped from $64,846 per day in 2015; to $41,488 in 2016; to $17,794 in 2017 and to $6,774 daily in 2018 to date.
8The nominal value of a 5-year old VLCC dropped from $80m in 2015, and to $60m in 2016, before rebounding to $64m in 2017.
8Average earnings for a modern MR product tanker fell from $21,444 per day in 2015; to $12,124 in 2016; to $10,213 in 2017, and are at $10,212 daily in 2018 to date.
8Find out more on what is going on and what the future holds in store.
Click on Reports for more Details
8The nominal value of a 5-year old VLCC dropped from $80m in 2015, and to $60m in 2016, before rebounding to $64m in 2017.
8Average earnings for a modern MR product tanker fell from $21,444 per day in 2015; to $12,124 in 2016; to $10,213 in 2017, and are at $10,212 daily in 2018 to date.
8Find out more on what is going on and what the future holds in store.
Click on Reports for more Details
Will the January 2020 deadline for a switch to max 0.5% sulphur content in marine fuels (from max 3.5% today) still stay?
8A switchover will lead to a dramatic overhaul of the world
8Even as the deadline looms, the uncertainty seems to be going up.
8Last week, the IMO, a UN organization, met to discuss reductions in greenhouse gas emissions at sea and the implementation of the IMO 2020 sulphur cap and the Ballast Water Management Convention.
8At the start of the week, the nominal target range for reducing annual CO2 emissions was set at 50-100% of 2008 peak year levels by 2050.
8The US, Brazil and Saudi Arabia prefer no fixed target while a 100% target is preferred by the EU and Pacific Island states.
8By the end of the IMO meeting, the target was brought down to ‘at least’ 50%, short of the 70% reduction that is widely deemed necessary to bring shipping into compliance with
Paris Agreement climate change objectives.
8Clearly, the goal post keeps changing, as it did for for single-hull tanker phase-out and more recently on the timetable for the installation of ballast water treatment systems.
8At this rate, it is likely that the 0.5% sulphur limit deadline can also get extended
Click on Reports for more Details
8A switchover will lead to a dramatic overhaul of the world
8Even as the deadline looms, the uncertainty seems to be going up.
8Last week, the IMO, a UN organization, met to discuss reductions in greenhouse gas emissions at sea and the implementation of the IMO 2020 sulphur cap and the Ballast Water Management Convention.
8At the start of the week, the nominal target range for reducing annual CO2 emissions was set at 50-100% of 2008 peak year levels by 2050.
8The US, Brazil and Saudi Arabia prefer no fixed target while a 100% target is preferred by the EU and Pacific Island states.
8By the end of the IMO meeting, the target was brought down to ‘at least’ 50%, short of the 70% reduction that is widely deemed necessary to bring shipping into compliance with
Paris Agreement climate change objectives.
8Clearly, the goal post keeps changing, as it did for for single-hull tanker phase-out and more recently on the timetable for the installation of ballast water treatment systems.
8At this rate, it is likely that the 0.5% sulphur limit deadline can also get extended
Click on Reports for more Details
The LNG shipping market is expected to tighten significantly from end 2018 as new LNG export projects from primarily US, Australia and Russia becomes operational
8Around 90% of the LNGC newbuildings on the orderbook are committed on long-term charters.
8The LNG shipping market has transitioned from traditional long-term chartering contracts to an increasingly liquid spot market led by portfolio trading and more destination flexibility in
LNG supply contracts
8The level of spot chartering in LNG topped 300 fixtures in 2017 (up from 230 in 2016), which corresponded to 25% of all LNG produced globally
8The LNG shipping market is expected to gradually tighten from the end of 2018
8By 2020, the market gets tighter still as additional LNG projects starts producing, triggering vessel demand against a thin orderbook.
Click on Reports for more Details
8Around 90% of the LNGC newbuildings on the orderbook are committed on long-term charters.
8The LNG shipping market has transitioned from traditional long-term chartering contracts to an increasingly liquid spot market led by portfolio trading and more destination flexibility in
LNG supply contracts
8The level of spot chartering in LNG topped 300 fixtures in 2017 (up from 230 in 2016), which corresponded to 25% of all LNG produced globally
8The LNG shipping market is expected to gradually tighten from the end of 2018
8By 2020, the market gets tighter still as additional LNG projects starts producing, triggering vessel demand against a thin orderbook.
Click on Reports for more Details
What are the shale oil and gas projections for India?
8The EIA had made some assessments
8However there has been a recent downward revision in the estimates.
8Find out what how the data has changed
8The Cambay, Krishna Godavari, Cauvery and the Damodar Valley are the most prospective sedimentary basins
8Find out what the new estimates are, and the methodology used to arrive at such estimates
Click on Reports for more Details
8The EIA had made some assessments
8However there has been a recent downward revision in the estimates.
8Find out what how the data has changed
8The Cambay, Krishna Godavari, Cauvery and the Damodar Valley are the most prospective sedimentary basins
8Find out what the new estimates are, and the methodology used to arrive at such estimates
Click on Reports for more Details
While there is little doubt on the near-term growth in LNG consumption, the medium-long term poses a risk, considering that domestic gas production is expected to rise amidst upcoming LNG terminals.
8Small-scale LNG opportunities in India is where the attention will have to be focused to ensure higher offtake of LNG going ahead
8Small scale LNG is defined as direct sale of LNG in liquid state to the consumer rather than going through regasification.
8The potential for such supply has been estimated at 7-10 MMTt by 2025.
8This could help absorb possible LNG capacity addition, despite 10.5% growth in domestic gas production during FY18-22.
Click on Reports for more Details
8Small-scale LNG opportunities in India is where the attention will have to be focused to ensure higher offtake of LNG going ahead
8Small scale LNG is defined as direct sale of LNG in liquid state to the consumer rather than going through regasification.
8The potential for such supply has been estimated at 7-10 MMTt by 2025.
8This could help absorb possible LNG capacity addition, despite 10.5% growth in domestic gas production during FY18-22.
Click on Reports for more Details
New companies have come up trying to sell CNG instead of LNG
8It is being forwarded as a cheaper option
8Prototype CNG supply vessels are now being drawn up not just by one but several promoters.
8The market is not just India but also Europe and China
8Find out how new technology is helping out
8Download a full document outlining CNG as a viable export or import option, including technological innovations and costing estimates.
Click on Reports for more Details
8It is being forwarded as a cheaper option
8Prototype CNG supply vessels are now being drawn up not just by one but several promoters.
8The market is not just India but also Europe and China
8Find out how new technology is helping out
8Download a full document outlining CNG as a viable export or import option, including technological innovations and costing estimates.
Click on Reports for more Details
Very large crude carriers are usually used for long-distance transport of oil.
8Since 2016, the global oil consumption capacity has become increasingly saturated. The onshore storage space has therefore started to tighten.
8Compared with the new land-based oil storage facility, crude oil storage at sea has the advantages of low initial investment, short construction period, relatively flexible deployment and less impact on the surrounding environment in the event of an accident.
8Should India look at this kind of storage instead of building Rs 5000 crore underground storage facilities?
8The full costing matrix for tanker storage facilities is carried here for reference purposes, allowing an easy comparison of onland and offshore storage.
8If costal storage is expensive for crude oil and even petroleum products, should offshore storage then be a viable option?
Click on Reports for more Details
8Since 2016, the global oil consumption capacity has become increasingly saturated. The onshore storage space has therefore started to tighten.
8Compared with the new land-based oil storage facility, crude oil storage at sea has the advantages of low initial investment, short construction period, relatively flexible deployment and less impact on the surrounding environment in the event of an accident.
8Should India look at this kind of storage instead of building Rs 5000 crore underground storage facilities?
8The full costing matrix for tanker storage facilities is carried here for reference purposes, allowing an easy comparison of onland and offshore storage.
8If costal storage is expensive for crude oil and even petroleum products, should offshore storage then be a viable option?
Click on Reports for more Details
8Project Name: Greenfield Product Pipeline Project
8Project Cost: Rs 300 crore
8Project Description: A JV has entered into a MoU for a product pipeline. Route survey and field survey has been completed for the pipeline.
8Project Event: RFQ for the hiring of PFR Consultant is expected by Aug/2018.
8Expenditure Approval: Q3/2016
8RFQ Date: July /2018
8Release Date: Aug/2018
8Start Date: Q4/2018
8Completion Date: Q2/2022
Click here for more details. Details
8Project Cost: Rs 300 crore
8Project Description: A JV has entered into a MoU for a product pipeline. Route survey and field survey has been completed for the pipeline.
8Project Event: RFQ for the hiring of PFR Consultant is expected by Aug/2018.
8Expenditure Approval: Q3/2016
8RFQ Date: July /2018
8Release Date: Aug/2018
8Start Date: Q4/2018
8Completion Date: Q2/2022
Click here for more details. Details
8Project Name: Thermal Power Plant - Dismantling Project
8Project Cost: 100 crores
8Project Description: Owner has decommissioned 300 MW of capacity out of its 1000 MW thermal power plant. RFQs for civil work and dismantling services of various equipment are expected soon.
8Project Event: RFQs for dismantling services of various equipment are expected by August 2018.
8Expenditure Approval: Q4:2017
8RFQ Date: Aug/2018
8Release Date: Aug/2018
8Start Date: Q1:2019
8Completion Date: Q2:2020
Click here for more information Details
8Project Cost: 100 crores
8Project Description: Owner has decommissioned 300 MW of capacity out of its 1000 MW thermal power plant. RFQs for civil work and dismantling services of various equipment are expected soon.
8Project Event: RFQs for dismantling services of various equipment are expected by August 2018.
8Expenditure Approval: Q4:2017
8RFQ Date: Aug/2018
8Release Date: Aug/2018
8Start Date: Q1:2019
8Completion Date: Q2:2020
Click here for more information Details
Ammonia-Urea Energy Saving Project
8Cost - Rs 347 Crore
8Project Event: EOI has already been released for an LSTK contractor in November 2017 but NIT has not been floated yet, and s likely in May due to delays in the discussions.
Click here for more information
Naptha to Natural Gas Feedstock Conversion Project
8Cost - Rs 250 Crore
8Project Event: Thermax, J& K, and Furnace Engineering are in the race for supply cum erection of NG Preheater (D1153) and NG feed Preheat Coil(D1206). The is likely to be finalized in May 2018.
Click here for more information Details
8Cost - Rs 347 Crore
8Project Event: EOI has already been released for an LSTK contractor in November 2017 but NIT has not been floated yet, and s likely in May due to delays in the discussions.
Click here for more information
Naptha to Natural Gas Feedstock Conversion Project
8Cost - Rs 250 Crore
8Project Event: Thermax, J& K, and Furnace Engineering are in the race for supply cum erection of NG Preheater (D1153) and NG feed Preheat Coil(D1206). The is likely to be finalized in May 2018.
Click here for more information Details
8Project Name: CBM Block Development
8Project Cost: Rs 900 crore
8Project Description: Owner's RFQ for the hiring of a CBM rig for the development of a CBM block, has been delayed. Although, A total no of 370 wells are to be drilled in order to boost CBM production by the year 2020-21. The environment clearance for the block has been awarded. The CBM rig services would be hired by the promoter for a total time period of 3 years, as sufficient rigs and manpower are not available with the asset. Further RFQs are expected shortly.
8Project Event: RFQ for hiring CBM rigs is expected by July 2018 instead of May 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Jul/2018
8Release Date: Aug/2018
8Start Date: Q4/2018
8Completion Date: Q4/2021
Click here for more details for key contacts Details
8Project Cost: Rs 900 crore
8Project Description: Owner's RFQ for the hiring of a CBM rig for the development of a CBM block, has been delayed. Although, A total no of 370 wells are to be drilled in order to boost CBM production by the year 2020-21. The environment clearance for the block has been awarded. The CBM rig services would be hired by the promoter for a total time period of 3 years, as sufficient rigs and manpower are not available with the asset. Further RFQs are expected shortly.
8Project Event: RFQ for hiring CBM rigs is expected by July 2018 instead of May 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Jul/2018
8Release Date: Aug/2018
8Start Date: Q4/2018
8Completion Date: Q4/2021
Click here for more details for key contacts Details
8Project Name: Oil Field Development
8Project Cost: Rs 185 crore.
8Project Description: RFQs for hiring a PMC contractor for an oil field is expected to be out soon. A PFR cum EIA consultant has already been hired for the project. Currently, the pre-feasibility report for the project is under preparation. The block was awarded to the company under the Discovered Small Fields round 2016. The Field Development plan for the project has already been submitted to DGH. The project is expected to start by July 2019.
8Project Event: RFQs for hiring a PMC contractor is expected by July 2018.
RFQs for hiring drilling rigs and other oilfield services is expected by November 2018.
8Expenditure Approval: Q2/2018.
8RFQ Date: Jul/2018.
8Release Date: Aug/2018.
8Date: Jul/2019.
8Completion Date: Q4/2021.
Click here for more full details, including key contacts Details
8Project Cost: Rs 185 crore.
8Project Description: RFQs for hiring a PMC contractor for an oil field is expected to be out soon. A PFR cum EIA consultant has already been hired for the project. Currently, the pre-feasibility report for the project is under preparation. The block was awarded to the company under the Discovered Small Fields round 2016. The Field Development plan for the project has already been submitted to DGH. The project is expected to start by July 2019.
8Project Event: RFQs for hiring a PMC contractor is expected by July 2018.
RFQs for hiring drilling rigs and other oilfield services is expected by November 2018.
8Expenditure Approval: Q2/2018.
8RFQ Date: Jul/2018.
8Release Date: Aug/2018.
8Date: Jul/2019.
8Completion Date: Q4/2021.
Click here for more full details, including key contacts Details
8Project Name: Solar Block Integration
8Project Cost: Rs 50 crore
8Project Description: An RFQs for installation of a Solar Heating System for heating well fluid to supplement conventional fuel requirement for heating applications at Bath Heater (BH) and Heater Treater, have been delayed. The project will involve the integration of the GGS with the Solar Block using the heat exchanger mechanism for transfer of heat. Till now this technology has not been implemented in India. Currently, pre-feasibility studies for the project have been completed.
8Project Event: RFQs for hiring LSTK contractor are expected by July 2018 instead of May 2018.
8Expenditure Approval: Nov/2017
8RFQ Date: Jul/2018
8Release Date: Sep/2018
8Start Date: Q4/2018
8Completion Date: Q4/2019
Click here for more information for key contacts and relevant project details Details
8Project Cost: Rs 50 crore
8Project Description: An RFQs for installation of a Solar Heating System for heating well fluid to supplement conventional fuel requirement for heating applications at Bath Heater (BH) and Heater Treater, have been delayed. The project will involve the integration of the GGS with the Solar Block using the heat exchanger mechanism for transfer of heat. Till now this technology has not been implemented in India. Currently, pre-feasibility studies for the project have been completed.
8Project Event: RFQs for hiring LSTK contractor are expected by July 2018 instead of May 2018.
8Expenditure Approval: Nov/2017
8RFQ Date: Jul/2018
8Release Date: Sep/2018
8Start Date: Q4/2018
8Completion Date: Q4/2019
Click here for more information for key contacts and relevant project details Details
8Project Name: Oil Field Development
8Project Cost: Rs 500 crore
8Project Description: The Promoter is planning to drill 60 exploratory wells. The Targeted depths of proposed exploratory wells shall be up to 2000 – 3000 M. Promoter owned electrical type rig is proposed to be deployed for undertaking drilling activities in the block. The equipment required for the project will be Drill Pipes, Casing Pipes, Xmas Trees, Blow Out Preventer, Cementing services, Drilling fluid services and other Oilfield chemicals. An EIA consultant has already been hired for the project. Further RFQs are expected shortly.
8Project Event: RFQ for the equipment and oilfield chemicals are expected by Q3/2018.
8Expenditure Approval: Q1/2018
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Feb/2020
8Completion Date: Dec/2022
Click here for more details Details
8Project Cost: Rs 500 crore
8Project Description: The Promoter is planning to drill 60 exploratory wells. The Targeted depths of proposed exploratory wells shall be up to 2000 – 3000 M. Promoter owned electrical type rig is proposed to be deployed for undertaking drilling activities in the block. The equipment required for the project will be Drill Pipes, Casing Pipes, Xmas Trees, Blow Out Preventer, Cementing services, Drilling fluid services and other Oilfield chemicals. An EIA consultant has already been hired for the project. Further RFQs are expected shortly.
8Project Event: RFQ for the equipment and oilfield chemicals are expected by Q3/2018.
8Expenditure Approval: Q1/2018
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Feb/2020
8Completion Date: Dec/2022
Click here for more details Details
For reference purposes the website carries here the following tenders:
8Major Overhauling of Reciprocating Compressors of refinery Details
8Modification in Storage Tanks And Pipelines for installation of Radar Gauge and Mass Flow Meters Details
8Thickness survey jobs during shutdown of various process units power plants offsite piping and tanks at PR and PX PTA unit refinery Details
8Metal Seated On-Off Ball Valves for BS-IV Projects Details
8Transportation of Ammonium Nitrate Solid Details
8Supply and Installation of Level Transmitters Details
8Health Assessment of TPS Boiler Bank Tubes by RFET Remote Field Electromagnetic testing at refinery Details
8Supply of Argon Gas as per tender Details
8Mechanical hot and cold jobs comprising maintenance of Heat exchangers columns vessels reactor furnace piping structural and other miscellaneous jobs during FCC shutdowns at refinery Details
8Hiring the services for Refurbishment of Workover Rigs Details
8Supply of License, Basic Engineering Design Package and other related services for Second Generation Bio-ethanol Plant Details
8Hiring the services of Design, Detail Engineering and Installation of Pipeline by Horizontal Directional Drilling Method at River Koshi Details
8Procurement of Liquid Nitrogen under Rate Contract for two years Details
8Hiring the services of Design, Detail Engineering and Installation of Pipeline by Horizontal Directional Drilling Method at River Mahananda Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ONGC crude oil pipeline leakage: PMK leader demands closure of oil wells Details
8Sri Lanka raises LPG price after rise in petroleum prices, fall in rupee Details
8Saudi Aramco appoints first woman to the board Details
8Crude oil at 3-year high, WTI may cross $70 mark soon Details
8India’s GDP may grow 7.3% in FY19: Fitch Details
8Bubbling crude prices spell triple-whammy setback for India Details
8Saudi Aramco's Rs 3-trillion India project: Will political agitation kill yet another big venture? Details
8Aramco appoints International Board Members amid IPO Plans Details
8One year before general elections, Modi faces his first oil dilemma Details
8Pradhan inaugurates LPG Bottling plant in Odisha Details
8Petrol prices in Delhi, Kolkata, Chennai stay at peaks for 6th day ; Check rates here Details
8India’s GDP likely to grow 7.5% in FY19: Deutsche Bank report Details
8Markets this week: Earnings, oil, PMI data to set the tone Details
8UAE's ADNOC awards Austria's OMV offshore oil concession stake Details
8Energy ties with US: Time for India to strike a balance Details
8Reliance Industries to shut oil, gas fields in KG-D6 block Details
8LPG connection in Odisha rises to 62pc households: Pradhan Details
8With love from Gulf Details
8Egypt, Cyprus to sign deal to connect Aphrodite gas field with Egypt Details
8Iraq signs contract with PowerChina, Norinco to build Fao oil refinery Details
8Why are fuel prices in India high even though crude oil prices are lower? Details
8Petroleum workers withdraw strike Details
8Saudi oil glass ceiling cracks Details
8How rising crude prices will impact Indian oil industry Details
8Dharmendra Pradhan inaugurates three projects in Odisha Details
8Karnataka poll effect? Fuel prices not revised for six days Details
8Govt plans to split GAIL by March 2019 Details
8Indian scientist-led team produces hydrogen fuel from sunlight Details
8Russian oil giant Surgutneftegas OJSC hoards $44-billion cash Details
8Oil may touch $80 on US-Iran row Details
8Petrol, diesel prices remain unchanged for almost a week; check rates in metros Details
You can also click on Newsclips for more Details
8Major Overhauling of Reciprocating Compressors of refinery Details
8Modification in Storage Tanks And Pipelines for installation of Radar Gauge and Mass Flow Meters Details
8Thickness survey jobs during shutdown of various process units power plants offsite piping and tanks at PR and PX PTA unit refinery Details
8Metal Seated On-Off Ball Valves for BS-IV Projects Details
8Transportation of Ammonium Nitrate Solid Details
8Supply and Installation of Level Transmitters Details
8Health Assessment of TPS Boiler Bank Tubes by RFET Remote Field Electromagnetic testing at refinery Details
8Supply of Argon Gas as per tender Details
8Mechanical hot and cold jobs comprising maintenance of Heat exchangers columns vessels reactor furnace piping structural and other miscellaneous jobs during FCC shutdowns at refinery Details
8Hiring the services for Refurbishment of Workover Rigs Details
8Supply of License, Basic Engineering Design Package and other related services for Second Generation Bio-ethanol Plant Details
8Hiring the services of Design, Detail Engineering and Installation of Pipeline by Horizontal Directional Drilling Method at River Koshi Details
8Procurement of Liquid Nitrogen under Rate Contract for two years Details
8Hiring the services of Design, Detail Engineering and Installation of Pipeline by Horizontal Directional Drilling Method at River Mahananda Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ONGC crude oil pipeline leakage: PMK leader demands closure of oil wells Details
8Sri Lanka raises LPG price after rise in petroleum prices, fall in rupee Details
8Saudi Aramco appoints first woman to the board Details
8Crude oil at 3-year high, WTI may cross $70 mark soon Details
8India’s GDP may grow 7.3% in FY19: Fitch Details
8Bubbling crude prices spell triple-whammy setback for India Details
8Saudi Aramco's Rs 3-trillion India project: Will political agitation kill yet another big venture? Details
8Aramco appoints International Board Members amid IPO Plans Details
8One year before general elections, Modi faces his first oil dilemma Details
8Pradhan inaugurates LPG Bottling plant in Odisha Details
8Petrol prices in Delhi, Kolkata, Chennai stay at peaks for 6th day ; Check rates here Details
8India’s GDP likely to grow 7.5% in FY19: Deutsche Bank report Details
8Markets this week: Earnings, oil, PMI data to set the tone Details
8UAE's ADNOC awards Austria's OMV offshore oil concession stake Details
8Energy ties with US: Time for India to strike a balance Details
8Reliance Industries to shut oil, gas fields in KG-D6 block Details
8LPG connection in Odisha rises to 62pc households: Pradhan Details
8With love from Gulf Details
8Egypt, Cyprus to sign deal to connect Aphrodite gas field with Egypt Details
8Iraq signs contract with PowerChina, Norinco to build Fao oil refinery Details
8Why are fuel prices in India high even though crude oil prices are lower? Details
8Petroleum workers withdraw strike Details
8Saudi oil glass ceiling cracks Details
8How rising crude prices will impact Indian oil industry Details
8Dharmendra Pradhan inaugurates three projects in Odisha Details
8Karnataka poll effect? Fuel prices not revised for six days Details
8Govt plans to split GAIL by March 2019 Details
8Indian scientist-led team produces hydrogen fuel from sunlight Details
8Russian oil giant Surgutneftegas OJSC hoards $44-billion cash Details
8Oil may touch $80 on US-Iran row Details
8Petrol, diesel prices remain unchanged for almost a week; check rates in metros Details
You can also click on Newsclips for more Details
8Overall, natural gas pricing in North America is expected to improve modestly this year from its current level, though gains are likely to be capped by robust growth in U.S. production. Henry Hub is expected to average US$3.00/mmbtu in 2018 (almost identical to 2017) and US$3.10 in 2019. Click on Report for more.
8Green Gas: Unable to fulfill the Minimum Work Programme? Click on Report for more.
8Do you have a view on how LNG terminals should be regulated? Click on Report for more.
8Find out how charging time for batteries can be reduced by using fuzzy logic control or model predictive control. Click on Report for more.
8Small wind energy projects can be ideal for remote locations. Know more click on Report. Details
8Green Gas: Unable to fulfill the Minimum Work Programme? Click on Report for more.
8Do you have a view on how LNG terminals should be regulated? Click on Report for more.
8Find out how charging time for batteries can be reduced by using fuzzy logic control or model predictive control. Click on Report for more.
8Small wind energy projects can be ideal for remote locations. Know more click on Report. Details
Here is more news on the innovative large scale import of CNG to India from Iran
8The initial plans are to import 240 MMscf of gas per day and then go up to over 650 MMscf of gas per day in the future
8This is equivalent to 5.0 mtpa of LNG
8Custom made ships are going to be used to bridge this distance
8CNG imports are going to be cheaper than LNG
8Negotiations for an offtake agreeement is on the verge of being finalized, and it is likely to be announced by June, 2018.
8Site selection too on the West Coast of India will be announced by then
8If this site works, the ambition is set up similar sites elsewhere.
8Clearly, business development opportunities will arise as well.
Click on Reports for more Details
8The initial plans are to import 240 MMscf of gas per day and then go up to over 650 MMscf of gas per day in the future
8This is equivalent to 5.0 mtpa of LNG
8Custom made ships are going to be used to bridge this distance
8CNG imports are going to be cheaper than LNG
8Negotiations for an offtake agreeement is on the verge of being finalized, and it is likely to be announced by June, 2018.
8Site selection too on the West Coast of India will be announced by then
8If this site works, the ambition is set up similar sites elsewhere.
8Clearly, business development opportunities will arise as well.
Click on Reports for more Details
Plug and play micro grids, with a combination of solar and battery power, were meant to be cost effective in remote locations where grid power is either intermittent or non-available.
8This is no longer so
8Micro grids can now work on industrial campuses very cost effectively
8Batteries store solar power generated during the day, reducing dependency on diesel generators in case of grid outages.
8This results in substantial savings on electricity bills, while helping to reduce carbon footprint.
Click on Reports for more Details
8This is no longer so
8Micro grids can now work on industrial campuses very cost effectively
8Batteries store solar power generated during the day, reducing dependency on diesel generators in case of grid outages.
8This results in substantial savings on electricity bills, while helping to reduce carbon footprint.
Click on Reports for more Details
Sulphate of Potash-Bromine and Captive Power Unit Expansion Project
8Cost - Rs 500 Crore
8Project Event: The basic engineering study is going on and RFQ for the EPC contractor is likely to be released in June 2018.
Click here for more information
Ammonia-Urea Energy Saving Project
8Cost - Rs 481 Crore
8Project Event: Basic engineering study has not started yet and tender for equipment is likely to be released in June 2018.
Click here for more information
NPK Annual Maintenance Project
8Cost - Rs 0.15 Crore
8Project Event: RFQs for Annual Maintenance Contractor as well as major equipment are likely to be released in January 2019.
Click here for more information Details
8Cost - Rs 500 Crore
8Project Event: The basic engineering study is going on and RFQ for the EPC contractor is likely to be released in June 2018.
Click here for more information
Ammonia-Urea Energy Saving Project
8Cost - Rs 481 Crore
8Project Event: Basic engineering study has not started yet and tender for equipment is likely to be released in June 2018.
Click here for more information
NPK Annual Maintenance Project
8Cost - Rs 0.15 Crore
8Project Event: RFQs for Annual Maintenance Contractor as well as major equipment are likely to be released in January 2019.
Click here for more information Details
For reference purposes the website carries here the following tenders:
8Civil Works for Work Over Operations in Well Site Details
8Procurement of 15300 KG Tri Ethyl Aluminum for PP unit Details
8Procurement of Hydrogen Peroxide for a period of one year Details
8Rerouting of Crude Oil Receipt Pipe Line Details
8Supply of Helium Gas at refinery Details
8Supply of Spl. Level Instruments-Guided Wave Radar for BS VI Project Details
8Procurement of Hydraulic Floor Cranes at refinery Details
8Supply of PLC Spares for new CBD Vessels Details
8Supply of Mechanical Seal Spares at refinery Details
8Design, Engineering and Commissioning of Distribution transformers at refinery Details
8Civil, structural and Offsite works for VGO-HDT Unit Details
8Recalibration of Crude Oil Storage and HSD tanks Details
8Lining up agency for In-situ Partial Re-tubing of PRC Surface condenser in NCU plant Details
8Supply of Extreme Pressure Mud Lubricants Details
8Procurement of Portable Clamp on Type Ultrasonic Gas Flow Meters Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8France launches plan to renovate homes and buildings to curb energy waste Details
8Kenya picks Britain's Wood Group for crude oil pipeline design Details
8Iraq oil and gas exploration and development auction ends Details
8Rosneft-owned Essar Oil to be called Nayara Energy Details
8Essar to invest Rs 900 crore in Raniganj CBM block Details
8Shell profit soars on stronger oil prices Details
8High crude oil prices could worsen government’s fiscal position Details
8India will network with China, others to negotiate better on oil: Dharmendra Pradhan Details
8China's top refiners plan Q2 maintenance, cast doubts on global oil optimism Details
8OPINION: China's coking coal imports are starting to rebound Details
8China orders local governments to ease burden on renewable power firms Details
8Canada's Husky Energy profit surges, cuts output forecast Details
8Valero Energy profit beats on higher refining margins Details
8Government concerned about rising fuel prices: Dharmendra Pradhan Details
8Uruguay's first oil auction in seven years draws zero bids -source Details
8Petrochemicals growth and stable GRM to pump it up for RIL Details
8Outlook for upstream oil sector positive in 2018: Moody’s Details
8Total output hits record high as prices buoy profits Details
8OPEC Secretary General Barkindo to attend May conference in Baku Details
8No oil majors win contracts in Iraq oil licensing round Details
8Industrial schemes for J&K, Himachal Pradesh & Uttarakhand notified Details
8Russia's Gazprom says 2017 net profit falls 25 pct y/y Details
8BP names former Statoil boss Lund as next chairman Details
8Saudi Aramco, SABIC award oil-to-chemicals project contract to KBR Details
8Mexico's Pemex will tender for partners in 7 onshore areas - energy regulator Details
8India to work with Asian buyers for oil price bargains Details
8Gas pipeline work to start next week Details
8India for Asian consumers’ front as oil prices soar Details
8Conclave on OIL initiative Details
You can also click on Newsclips for more Details
8Civil Works for Work Over Operations in Well Site Details
8Procurement of 15300 KG Tri Ethyl Aluminum for PP unit Details
8Procurement of Hydrogen Peroxide for a period of one year Details
8Rerouting of Crude Oil Receipt Pipe Line Details
8Supply of Helium Gas at refinery Details
8Supply of Spl. Level Instruments-Guided Wave Radar for BS VI Project Details
8Procurement of Hydraulic Floor Cranes at refinery Details
8Supply of PLC Spares for new CBD Vessels Details
8Supply of Mechanical Seal Spares at refinery Details
8Design, Engineering and Commissioning of Distribution transformers at refinery Details
8Civil, structural and Offsite works for VGO-HDT Unit Details
8Recalibration of Crude Oil Storage and HSD tanks Details
8Lining up agency for In-situ Partial Re-tubing of PRC Surface condenser in NCU plant Details
8Supply of Extreme Pressure Mud Lubricants Details
8Procurement of Portable Clamp on Type Ultrasonic Gas Flow Meters Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8France launches plan to renovate homes and buildings to curb energy waste Details
8Kenya picks Britain's Wood Group for crude oil pipeline design Details
8Iraq oil and gas exploration and development auction ends Details
8Rosneft-owned Essar Oil to be called Nayara Energy Details
8Essar to invest Rs 900 crore in Raniganj CBM block Details
8Shell profit soars on stronger oil prices Details
8High crude oil prices could worsen government’s fiscal position Details
8India will network with China, others to negotiate better on oil: Dharmendra Pradhan Details
8China's top refiners plan Q2 maintenance, cast doubts on global oil optimism Details
8OPINION: China's coking coal imports are starting to rebound Details
8China orders local governments to ease burden on renewable power firms Details
8Canada's Husky Energy profit surges, cuts output forecast Details
8Valero Energy profit beats on higher refining margins Details
8Government concerned about rising fuel prices: Dharmendra Pradhan Details
8Uruguay's first oil auction in seven years draws zero bids -source Details
8Petrochemicals growth and stable GRM to pump it up for RIL Details
8Outlook for upstream oil sector positive in 2018: Moody’s Details
8Total output hits record high as prices buoy profits Details
8OPEC Secretary General Barkindo to attend May conference in Baku Details
8No oil majors win contracts in Iraq oil licensing round Details
8Industrial schemes for J&K, Himachal Pradesh & Uttarakhand notified Details
8Russia's Gazprom says 2017 net profit falls 25 pct y/y Details
8BP names former Statoil boss Lund as next chairman Details
8Saudi Aramco, SABIC award oil-to-chemicals project contract to KBR Details
8Mexico's Pemex will tender for partners in 7 onshore areas - energy regulator Details
8India to work with Asian buyers for oil price bargains Details
8Gas pipeline work to start next week Details
8India for Asian consumers’ front as oil prices soar Details
8Conclave on OIL initiative Details
You can also click on Newsclips for more Details
8Project Name: Thermal Power Plant - Installation of FGD
8Project Cost: 500 crores
8Project Description: Owner's plans to install a flue gas desulphurisation unit (FGD) in the 600 MW plant of its 1800 MW thermal power station is getting delayed. The consultant has prepared the draft feasibility report and it is currently under submission to the state government for approval.
8Project Event: RFQ for supply of a FGD Unit is expected by June 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Jun/2018
8Release Date: Jun/2018
8Start Date: Q1:2019
8Completion Date: Q4:2020
Click here for more information
8Project Name: Thermal Power Plant - O&M contract
8Project Cost: 5 crores
8Project Description: Promoter is expected to come out with an annual contract bid for O&M of the ash handling plant in a 1600 MW thermal power plant.
8Project Event: RFQs for an annual contract (O&M) of the ash handling plant are expected by Q1 2019.
8Expenditure Approval: Q1:2018
8RFQ Date: Q1:2019
8Release Date: Q1:2019
8Start Date: Q3:2019
8Completion Date: Q3:2021
Click here for more information
8Project Name: Thermal Power Station Maintenance Project (Unit-2)
8Project Cost: 15 crores
8Project Description: Owner has planned a 25-day annual scheduled overhaul of boiler in 1200 MW thermal power station. The mandatory work includes cleaning and replacement of spare parts of wind box in the burner area, check of buckstay links, support drums, replacement of coal nozzle with tip, replacement of air seal, refurbishment of pressure parts of boiler, repairing job in air pre-heater inlet, among others.
8Project Event: RFQs for required equipment are expected by mid of May 2018.
Click here for more information
Procurement of pumps in a thermal power station: RFQs coming ahead
8A state government generating company is expected to come out with a bid for procurement of hydraulic pumps in a thermal power station.
Click on details for more information including the key contact details Details
8Project Cost: 500 crores
8Project Description: Owner's plans to install a flue gas desulphurisation unit (FGD) in the 600 MW plant of its 1800 MW thermal power station is getting delayed. The consultant has prepared the draft feasibility report and it is currently under submission to the state government for approval.
8Project Event: RFQ for supply of a FGD Unit is expected by June 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Jun/2018
8Release Date: Jun/2018
8Start Date: Q1:2019
8Completion Date: Q4:2020
Click here for more information
8Project Name: Thermal Power Plant - O&M contract
8Project Cost: 5 crores
8Project Description: Promoter is expected to come out with an annual contract bid for O&M of the ash handling plant in a 1600 MW thermal power plant.
8Project Event: RFQs for an annual contract (O&M) of the ash handling plant are expected by Q1 2019.
8Expenditure Approval: Q1:2018
8RFQ Date: Q1:2019
8Release Date: Q1:2019
8Start Date: Q3:2019
8Completion Date: Q3:2021
Click here for more information
8Project Name: Thermal Power Station Maintenance Project (Unit-2)
8Project Cost: 15 crores
8Project Description: Owner has planned a 25-day annual scheduled overhaul of boiler in 1200 MW thermal power station. The mandatory work includes cleaning and replacement of spare parts of wind box in the burner area, check of buckstay links, support drums, replacement of coal nozzle with tip, replacement of air seal, refurbishment of pressure parts of boiler, repairing job in air pre-heater inlet, among others.
8Project Event: RFQs for required equipment are expected by mid of May 2018.
Click here for more information
Procurement of pumps in a thermal power station: RFQs coming ahead
8A state government generating company is expected to come out with a bid for procurement of hydraulic pumps in a thermal power station.
Click on details for more information including the key contact details Details
Big changes are coming up in seismic data acquisition process in difficult areas.
8A cable-less seismic acquisition technology has been acquired by a big Indian E&P Company.
8It is going to meet the upcoming challenges of inaccessibility and extreme logistics for the exploration in certain areas.
Click on Details to know more, including where it is going to be deployed, details of the technology and key contact persons.
Details
8A cable-less seismic acquisition technology has been acquired by a big Indian E&P Company.
8It is going to meet the upcoming challenges of inaccessibility and extreme logistics for the exploration in certain areas.
Click on Details to know more, including where it is going to be deployed, details of the technology and key contact persons.
Details
8Project Name: Greenfield Crude Oil Pipeline Project
8Project Cost: Rs 6000 crore
8Project Description: The Promoter has signed a Memorandum of Understanding (MoU) to install a crude oil pipeline of 30-inch diameter with a capacity of 8 MMTPA. The approximate length of the pipeline will be 1600 Km. The pipeline however is going through a tough approval process in the government and is subject to approval
Major equipments are: Mainline pipes, Welding machines, Dozers, Scrappers, Pavers, Pumps, Generators, Compressors, Jack Hammers, Pile drivers, Buried Pipelines, Isolation Valves (Manually, Remotely, Automatically Operated), Relief Valves (Thermal or other types), Pipe bridges or other supports, Control Systems, Leak Detection System, Pig launcher and receivers, Motors, Transformers, Bulldozers, Cranes, Control valves and Filters.
8Project Event: RFQ for hiring of PFR consultant is expected by Q4/2018.
8Expenditure Approval: Q2/2017
8RFQ Date: Q4/2018
8Release Date: Q4/2018
8Start Date: Q1/2019
8Completion Date: Q4/2021
Click here for more details for geospatial mapping of the pipeline, key contacts and other project details Details
8Project Cost: Rs 6000 crore
8Project Description: The Promoter has signed a Memorandum of Understanding (MoU) to install a crude oil pipeline of 30-inch diameter with a capacity of 8 MMTPA. The approximate length of the pipeline will be 1600 Km. The pipeline however is going through a tough approval process in the government and is subject to approval
Major equipments are: Mainline pipes, Welding machines, Dozers, Scrappers, Pavers, Pumps, Generators, Compressors, Jack Hammers, Pile drivers, Buried Pipelines, Isolation Valves (Manually, Remotely, Automatically Operated), Relief Valves (Thermal or other types), Pipe bridges or other supports, Control Systems, Leak Detection System, Pig launcher and receivers, Motors, Transformers, Bulldozers, Cranes, Control valves and Filters.
8Project Event: RFQ for hiring of PFR consultant is expected by Q4/2018.
8Expenditure Approval: Q2/2017
8RFQ Date: Q4/2018
8Release Date: Q4/2018
8Start Date: Q1/2019
8Completion Date: Q4/2021
Click here for more details for geospatial mapping of the pipeline, key contacts and other project details Details
If you trying to hire a 1000 HP onland rig in India today, what would be the minimum day rate?
8Also, what is the bottom rate for a Type III rig with 15 tonne BOP with SOBM, what would be the rock bottom rates in India?
8The number of rig suppliers is limited, so knowing the least price is imperative for an E&P operator lest he is pushed into a corner or faces predatory pricing
Click on Details for me Details
8Also, what is the bottom rate for a Type III rig with 15 tonne BOP with SOBM, what would be the rock bottom rates in India?
8The number of rig suppliers is limited, so knowing the least price is imperative for an E&P operator lest he is pushed into a corner or faces predatory pricing
Click on Details for me Details
8Project Name: Oil Field Development
8Project Cost: Rs 200 crore
8Project Description: The owner is in the process of hiring a PMC contractor for the development of an Discovered Small Fields Round 2016. The project involves development drilling of 10 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 2020. Further RFQs are expected shortly.
8Project Event: RFQs for hiring services for rigs and other oilfield services are expected by August 2018 instead of May 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Aug/2018
8Release Date: Oct/2018
8Start Date: Q2/2019
8Completion Date: Q4/2021
Click here for more information for key contacts
8Project Name: Oil Field Development
8Project Cost: Rs 200 crore
8Project Description: The Promoter is planning to drill 05 exploratory wells. Promoter owned electrical type rig is proposed to be deployed for undertaking drilling activities in the block. The equipment required for the project will be Drill Pipes, Casing Pipes, Xmas Trees, Blow Out Preventer, Cementing services, Drilling fluid services and other Oilfield chemicals. An EIA consultant has already been hired for the project. Further RFQs are expected shortly.
8Project Event: RFQ for the equipment and oilfield chemicals are expected by Q3/2018.
8Expenditure Approval: Q3/2016
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Nov/2019
8Completion Date: Dec/2020
Click here for more details for key contacts and other details Details
8Project Cost: Rs 200 crore
8Project Description: The owner is in the process of hiring a PMC contractor for the development of an Discovered Small Fields Round 2016. The project involves development drilling of 10 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 2020. Further RFQs are expected shortly.
8Project Event: RFQs for hiring services for rigs and other oilfield services are expected by August 2018 instead of May 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Aug/2018
8Release Date: Oct/2018
8Start Date: Q2/2019
8Completion Date: Q4/2021
Click here for more information for key contacts
8Project Name: Oil Field Development
8Project Cost: Rs 200 crore
8Project Description: The Promoter is planning to drill 05 exploratory wells. Promoter owned electrical type rig is proposed to be deployed for undertaking drilling activities in the block. The equipment required for the project will be Drill Pipes, Casing Pipes, Xmas Trees, Blow Out Preventer, Cementing services, Drilling fluid services and other Oilfield chemicals. An EIA consultant has already been hired for the project. Further RFQs are expected shortly.
8Project Event: RFQ for the equipment and oilfield chemicals are expected by Q3/2018.
8Expenditure Approval: Q3/2016
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Nov/2019
8Completion Date: Dec/2020
Click here for more details for key contacts and other details Details
8Project Name: Development Drilling Project
8Project Cost: Rs3000 crore.
8Project Description: RFQs for Polymer Flooding are expected for an overall period of 3 years in an onland field where a big EOR plan covering 150 wells is coming up.
8Project Event: RFQs for Polymer Flooding are expected by August 2018.
8Expenditure Approval: Q2/2014.
8RFQ Date: May/2018.
8Release Date: Jun/2018.
8Date: Jul/2018.
8Completion Date: Q4/2022.
Click here for more details for more information, including key project parameters and contacts Details
8Project Cost: Rs3000 crore.
8Project Description: RFQs for Polymer Flooding are expected for an overall period of 3 years in an onland field where a big EOR plan covering 150 wells is coming up.
8Project Event: RFQs for Polymer Flooding are expected by August 2018.
8Expenditure Approval: Q2/2014.
8RFQ Date: May/2018.
8Release Date: Jun/2018.
8Date: Jul/2018.
8Completion Date: Q4/2022.
Click here for more details for more information, including key project parameters and contacts Details
Bidding Expected to kick in Q4 2018.
8Expected to offer 60 small fields.
8Know more about where these fields are
Click on Details and on Reports for more Details
8Expected to offer 60 small fields.
8Know more about where these fields are
Click on Details and on Reports for more Details
8Project Name: Thermal Power Station Maintenance Project
8Project Cost: 22 crores
8Project Description: Owner has planned a 25-day scheduled overhaul in the 2000 MW thermal power plant. The mandatory job includes refurbishment of pressure parts of boiler, replacement of turbine rotating blades, burner refurbishment, replacement of spare parts of turbine, replacement of air preheater basket, among others.
8Project Event: RFQs for required equipment are expected by July 2018.
Click here for more information
8Project Name: Thermal Power Station - Annual Maintenance Contractor
8Project Cost: 1 crores
8Project Description: Promoter will come out with an open bid for selection of an annual maintenance contractor (AMC) for operation and monitoring of the AHP. Currently preparation of tender documents are underway. Further RFQs are expected soon.
8Project Event: RFQs for an annual maintenance contractor of AHP are expected by July 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Jul/2018
8Release Date: Jul/2018
8Start Date: Aug/2018
8Completion Date: Aug/2019
Click here for more information
8Project Name: Office buildings and township package in Thermal Power Plant
8Project Cost: 300 crores
8Project Description: Developer is continuing with the construction activities for a 1500 MW thermal power plant. Owner is expected to come out with bids for civil works involving the office buildings and township package. NIT documents are under preparation. The project requirements are: cranes, dozer, piles, structural steel, pipe support structures & foundations, trenches, drilling machine, among others.
8Project Event: RFQs of civil works for office building and township package are expected to come out by the end of April 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: 30/Apr/2018
8Release Date: May/2018
8Start Date: Q3:2018
8Completion Date: Q1:2019
Click here for more information
Maintenance works in a thermal power station : RFQs coming up ahead
8A major utility company is expected to come out with a bid for maintenance of air heater in a thermal power station.
Click on details for more information including the key contact details
Details
8Project Cost: 22 crores
8Project Description: Owner has planned a 25-day scheduled overhaul in the 2000 MW thermal power plant. The mandatory job includes refurbishment of pressure parts of boiler, replacement of turbine rotating blades, burner refurbishment, replacement of spare parts of turbine, replacement of air preheater basket, among others.
8Project Event: RFQs for required equipment are expected by July 2018.
Click here for more information
8Project Name: Thermal Power Station - Annual Maintenance Contractor
8Project Cost: 1 crores
8Project Description: Promoter will come out with an open bid for selection of an annual maintenance contractor (AMC) for operation and monitoring of the AHP. Currently preparation of tender documents are underway. Further RFQs are expected soon.
8Project Event: RFQs for an annual maintenance contractor of AHP are expected by July 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Jul/2018
8Release Date: Jul/2018
8Start Date: Aug/2018
8Completion Date: Aug/2019
Click here for more information
8Project Name: Office buildings and township package in Thermal Power Plant
8Project Cost: 300 crores
8Project Description: Developer is continuing with the construction activities for a 1500 MW thermal power plant. Owner is expected to come out with bids for civil works involving the office buildings and township package. NIT documents are under preparation. The project requirements are: cranes, dozer, piles, structural steel, pipe support structures & foundations, trenches, drilling machine, among others.
8Project Event: RFQs of civil works for office building and township package are expected to come out by the end of April 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: 30/Apr/2018
8Release Date: May/2018
8Start Date: Q3:2018
8Completion Date: Q1:2019
Click here for more information
Maintenance works in a thermal power station : RFQs coming up ahead
8A major utility company is expected to come out with a bid for maintenance of air heater in a thermal power station.
Click on details for more information including the key contact details
Details
High crude oil prices have suddenly brought about a dramatic change in the economics of oil & gas domestic players.
8GAIL is on a roll as it is likely to benefit from the enhanced economics of US LNG contacts
8The oil marketing companies are no longer favoured by analysts as there is growing anticipation that price caps are going to be imposed during an election year as crude prices rise
8ONGC is already factoring an internal minimum price for crude post discount
8OMC stocks will soon be recommended to be sold instead of being bought.
8In a matter of a few months, the prospects seem to have changed for Indian oil & gas companies.
Click on Reports for a detailed analysis Details
8GAIL is on a roll as it is likely to benefit from the enhanced economics of US LNG contacts
8The oil marketing companies are no longer favoured by analysts as there is growing anticipation that price caps are going to be imposed during an election year as crude prices rise
8ONGC is already factoring an internal minimum price for crude post discount
8OMC stocks will soon be recommended to be sold instead of being bought.
8In a matter of a few months, the prospects seem to have changed for Indian oil & gas companies.
Click on Reports for a detailed analysis Details
8A “techlash” is under way. The web giants such as Facebook and Google are regarded as too dominant, and artificial-intelligence algorithms are considered unaccountable. The struggle for liberalism in the 21st century is not so much man versus the state, as human versus the algorithm. Click on Details for more
8One way to find out is by asking people how much it would be worth to them to give up such services for a year. A new working paper finds that the value for consumers of some internet services can be substantial. Survey respondents said that they would have to be paid $3,600 to give up online maps for a year, $8,400 to give up e-mail, and a whopping $17,500 for search engines. Click on Details for more
8Find out year-wise gas availability: If you are looking to place your business near a gas source, here is a detailed year-wise gas availability matrix from a local gas find
Click on Details for more Click on Report Also for more.
8Free learning trip: Want to know more about how consumption can be spurred to offtake renewable power in India. Take a free two-week sponsored course in Europe with field trips there and in India. Click on Report for more.
8McDermott has won two offshore E&P contracts from RIL-BP and ONGC. How are they progressing? Click on Report for more. Details
8One way to find out is by asking people how much it would be worth to them to give up such services for a year. A new working paper finds that the value for consumers of some internet services can be substantial. Survey respondents said that they would have to be paid $3,600 to give up online maps for a year, $8,400 to give up e-mail, and a whopping $17,500 for search engines. Click on Details for more
8Find out year-wise gas availability: If you are looking to place your business near a gas source, here is a detailed year-wise gas availability matrix from a local gas find
Click on Details for more Click on Report Also for more.
8Free learning trip: Want to know more about how consumption can be spurred to offtake renewable power in India. Take a free two-week sponsored course in Europe with field trips there and in India. Click on Report for more.
8McDermott has won two offshore E&P contracts from RIL-BP and ONGC. How are they progressing? Click on Report for more. Details
Why is there a need to use external partners in performance based contracts?
8Firms like ONGC have several innovation institutes but but such "closed" innovation activities limit ONGC from responding to changing environments.
8For Internally, ONGC does not have all the necessary resources to succeed in complex environments
8Furthermore, internal innovation practices, such as R&D, may not fit the current needs of organizations as they are characterized by high costs and risks, slow time to market and inflexibility.
8To be more innovative, firms increasingly complement their internal innovation capabilities with solutions, ideas, and technologies from external partners such as suppliers and service providers (in the oil and gas sector this could be, e.g., maintenance providers of refineries or oilfield and drilling services providers).
8External partners enhance and drive innovation in products and services, as well as service outsourcing contexts in which providers innovate to improve and optimize the daily operations performed for the buyer.
8Innovation may occur with external partners as result of mutual learning, complementary resources and knowledge sharing.
8Traditional frameworks used by oil and gas companies are procuring material supply and oilfield services on a primarily transactional basis, with services performed or material procured at predetermined prices, rather than performance bases under which the service provider takes a greater share of both risk and reward.
Click on Reports for more Details
8Firms like ONGC have several innovation institutes but but such "closed" innovation activities limit ONGC from responding to changing environments.
8For Internally, ONGC does not have all the necessary resources to succeed in complex environments
8Furthermore, internal innovation practices, such as R&D, may not fit the current needs of organizations as they are characterized by high costs and risks, slow time to market and inflexibility.
8To be more innovative, firms increasingly complement their internal innovation capabilities with solutions, ideas, and technologies from external partners such as suppliers and service providers (in the oil and gas sector this could be, e.g., maintenance providers of refineries or oilfield and drilling services providers).
8External partners enhance and drive innovation in products and services, as well as service outsourcing contexts in which providers innovate to improve and optimize the daily operations performed for the buyer.
8Innovation may occur with external partners as result of mutual learning, complementary resources and knowledge sharing.
8Traditional frameworks used by oil and gas companies are procuring material supply and oilfield services on a primarily transactional basis, with services performed or material procured at predetermined prices, rather than performance bases under which the service provider takes a greater share of both risk and reward.
Click on Reports for more Details
Public sector companies have been trying unsuccessfully for over two decades to implement performance-based contracts, particularly in their ageing fields
8The lack of success has been on account of not being able to figure out how to design such a contract, how to go through the partner selection process and then how to go through the contract execution phase.
8For reference purposes, the website carries here a detailed mapping of the different kinds of contacts that are available within the performance-based contract framework.
The pros and cons of the following types of contracts are elaborated
--Cost plus
-- Fixed price
-- Performance based
8An insight is also given on how to design such contracts and what that will entail for an oil & gas company.
Click on Reports for more Details
8The lack of success has been on account of not being able to figure out how to design such a contract, how to go through the partner selection process and then how to go through the contract execution phase.
8For reference purposes, the website carries here a detailed mapping of the different kinds of contacts that are available within the performance-based contract framework.
The pros and cons of the following types of contracts are elaborated
--Cost plus
-- Fixed price
-- Performance based
8An insight is also given on how to design such contracts and what that will entail for an oil & gas company.
Click on Reports for more Details
There is a certain inevitability in the movement by oil and gas companies towards using performance-based contracts (PBCs).
8PBCs underline the output, outcome and quality of the product or service rather than prescribing how it is delivered or which resources to use
8Such contracts tie up at least a portion of the external partner’s payment to its accomplishment.
8The important characteristic of a PBC is a very clear separation between the buyer’s expectations (i.e., performance goal) and the external partner’s implementation (i.e., how it is achieved).
8PBCs are typically characterized by a relatively low degree of contractual detail, as the focus is on the external partner’s outcome and a high degree of partner rewards are linked to its performance.
8No doubt in PBCs, the overall compensation to the external partner, consisting of the base price and an incentive, may be higher, because the risk has shifted to the partner and premium is explicit rather than absorbed into the owner’s operating expenditures.
8The main benefit of a PBC is that it allows freedom for the external partner to deliver the product or service as it sees best.
8This results in more freedom for the external partner to engage in innovative activities as the partner is stimulated to lower its costs.
Click on Reports for more Details
8PBCs underline the output, outcome and quality of the product or service rather than prescribing how it is delivered or which resources to use
8Such contracts tie up at least a portion of the external partner’s payment to its accomplishment.
8The important characteristic of a PBC is a very clear separation between the buyer’s expectations (i.e., performance goal) and the external partner’s implementation (i.e., how it is achieved).
8PBCs are typically characterized by a relatively low degree of contractual detail, as the focus is on the external partner’s outcome and a high degree of partner rewards are linked to its performance.
8No doubt in PBCs, the overall compensation to the external partner, consisting of the base price and an incentive, may be higher, because the risk has shifted to the partner and premium is explicit rather than absorbed into the owner’s operating expenditures.
8The main benefit of a PBC is that it allows freedom for the external partner to deliver the product or service as it sees best.
8This results in more freedom for the external partner to engage in innovative activities as the partner is stimulated to lower its costs.
Click on Reports for more Details
For many years, natural gas was considered a natural ally to renewables in the transition to a low-carbon economy.
8This natural alliance between gas and renewables in the power generation sector is increasingly tenuous, as renewable cost declines continue at a rapid pace, and utility-scale renewables now regularly beat gas-fired projects in competitive power auctions in many parts of the world.
8Even in the Middle East, natural gas demand can be much lower because renewable power is turning out to be cheaper.
8Flexible gas-fired power plants are uniquely well suited to balancing the daily intermittency of wind and solar PV in particular.
8But grid-scale battery storage, whose costs are also declining rapidly, and proliferating electric vehicles, whose batteries can also be used as a grid asset, can soon erode the cost advantages of gas-fired backup generators around the world.
Click on Reports for more Details
8This natural alliance between gas and renewables in the power generation sector is increasingly tenuous, as renewable cost declines continue at a rapid pace, and utility-scale renewables now regularly beat gas-fired projects in competitive power auctions in many parts of the world.
8Even in the Middle East, natural gas demand can be much lower because renewable power is turning out to be cheaper.
8Flexible gas-fired power plants are uniquely well suited to balancing the daily intermittency of wind and solar PV in particular.
8But grid-scale battery storage, whose costs are also declining rapidly, and proliferating electric vehicles, whose batteries can also be used as a grid asset, can soon erode the cost advantages of gas-fired backup generators around the world.
Click on Reports for more Details
If you are in the offshore E&P industry, it is imperative to stay in touch with the latest data points
8What is the offshore mobile units forecast up until 2017 by vessel type? Get updated March, 2018 data on this
8What is the offshore mobile unit delivery forecast by different vessel type up until that period? This figure is important too
8The market is clearly on the recovery phase but in the pecking order, which segments of the offshore industry will recover faster?
8Find out why crude tankers are at the bottom of the pile, and they are still in the declining phase, and things will only get worse before getting better
8Where are E&P vessels in this order? Also, why is the LNG carrier segment on top of the recovery curve?
Click on Reports for more Details
8What is the offshore mobile units forecast up until 2017 by vessel type? Get updated March, 2018 data on this
8What is the offshore mobile unit delivery forecast by different vessel type up until that period? This figure is important too
8The market is clearly on the recovery phase but in the pecking order, which segments of the offshore industry will recover faster?
8Find out why crude tankers are at the bottom of the pile, and they are still in the declining phase, and things will only get worse before getting better
8Where are E&P vessels in this order? Also, why is the LNG carrier segment on top of the recovery curve?
Click on Reports for more Details
If you are an oil & gas company, will eventually be asked to cap your carbon emission footprint?
8By when should a zero net growth of emission be a target?
8What kind of internal targets are also required to be set for methane leakage?
8While in India, these details are immaterial at this juncture, they will eventually kick in quickly enough
8So if you asset bases are likely to remain productive for 10 years or more, it is important to start thinking of them from now
Click on Reports for more Details
8By when should a zero net growth of emission be a target?
8What kind of internal targets are also required to be set for methane leakage?
8While in India, these details are immaterial at this juncture, they will eventually kick in quickly enough
8So if you asset bases are likely to remain productive for 10 years or more, it is important to start thinking of them from now
Click on Reports for more Details
Wind power is here to stay and grow
8Prices will continue to drop but by how much?
8What are the future global trends in this segment?
8Where does offshore wind stand in India in the global pecking order?
8The point to note is that today, wind is the most competitively priced technology in many if not most markets; and the emergence of wind/solar hybrids, more sophisticated grid management and increasingly affordable storage begin to paint a picture of what a fully commercial fossil-free power sector will look like.
Click on Reports for more Details
8Prices will continue to drop but by how much?
8What are the future global trends in this segment?
8Where does offshore wind stand in India in the global pecking order?
8The point to note is that today, wind is the most competitively priced technology in many if not most markets; and the emergence of wind/solar hybrids, more sophisticated grid management and increasingly affordable storage begin to paint a picture of what a fully commercial fossil-free power sector will look like.
Click on Reports for more Details
New Chinese Rigs have arrived for drilling activities
8The Rigs will be utilized in new exploration areas.
8Find out what advantages they have and how they are spurring the company's E&P efforts
Click on Details for key contacts for expendables and supplementary services which will be needed for these rigs Details
8The Rigs will be utilized in new exploration areas.
8Find out what advantages they have and how they are spurring the company's E&P efforts
Click on Details for key contacts for expendables and supplementary services which will be needed for these rigs Details
The government has allocated little money for Oil Strategic Storage for 2018-19. But allocations are expected to kick in in 2019-20 but for those looking for business, it is time to keep track of these projects. RFQs are going to come in soon for PMC contractors. Here are full details of one such project (details of another was carried earlier by us).
8Project Name: Crude Oil Strategic Storage
8Project Cost: Rs 6000 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 underground rock caverns over an estimated time frame of 64 months. EIL has already prepared the DFR for the project. 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: Jan/2016.
8RFQ Date: Aug/2018.
8Release Date: Sep/2018.
8Date: Q4/2019.
8Completion Date: Sep/2025.
Click here for more details, incuding key contacts, geospatial mapping and project configuration. Details
8Project Name: Crude Oil Strategic Storage
8Project Cost: Rs 6000 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 underground rock caverns over an estimated time frame of 64 months. EIL has already prepared the DFR for the project. 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: Jan/2016.
8RFQ Date: Aug/2018.
8Release Date: Sep/2018.
8Date: Q4/2019.
8Completion Date: Sep/2025.
Click here for more details, incuding key contacts, geospatial mapping and project configuration. Details
Tripura is a prospective area for gas fields. But they are not without problems.
8In one block, an unacceptable 5 out of 6 wells have turned out dry
8Seismic reports under which these wells were drilled are under investigation at this point and with authorities demanding explanations
8There are problems too: Gas output in ONGC's primary field has dropped a disturbing 15%
Click on Details for more Details
8In one block, an unacceptable 5 out of 6 wells have turned out dry
8Seismic reports under which these wells were drilled are under investigation at this point and with authorities demanding explanations
8There are problems too: Gas output in ONGC's primary field has dropped a disturbing 15%
Click on Details for more Details
Developing drilling is now being intensified in Tripura in order to make up for declining production and dry wells
Here is one such project for RFQs are expected next month
8Project Name: Drilling Field Development
8Project Cost: Rs 1300 crore
8Project Description: Oil And Natural Gas Corporation Limited is planning development drilling of 27 wells, conversion of 37 exploratory wells and laying of associated flowlines. There is no clarity yet on whether a drilling contract will be awarded or another ONGC-led conventional drilling programme will be executed. An EIA consultant has already been hired for the project. The environment clearance for the project is expected by October 2018. Further RFQs are expected shortly.
8Project Event: RFQs for the hiring an EPC contractor for pipeline and gas grid network part are expected by May 2018.
8Expenditure Approval: Q2/2017
8RFQ Date: Jun/2018
8Release Date: Aug/2018
8Start Date: Jun/2019
8Completion Date: Dec/2021
Click here for more information Details
Here is one such project for RFQs are expected next month
8Project Name: Drilling Field Development
8Project Cost: Rs 1300 crore
8Project Description: Oil And Natural Gas Corporation Limited is planning development drilling of 27 wells, conversion of 37 exploratory wells and laying of associated flowlines. There is no clarity yet on whether a drilling contract will be awarded or another ONGC-led conventional drilling programme will be executed. An EIA consultant has already been hired for the project. The environment clearance for the project is expected by October 2018. Further RFQs are expected shortly.
8Project Event: RFQs for the hiring an EPC contractor for pipeline and gas grid network part are expected by May 2018.
8Expenditure Approval: Q2/2017
8RFQ Date: Jun/2018
8Release Date: Aug/2018
8Start Date: Jun/2019
8Completion Date: Dec/2021
Click here for more information Details
8Project Name: Oil Field Development
8Project Cost: Rs 300 crore
8Project Description: The Promoter is planning to drill 05 exploratory wells. The targeted depths of the wells will be 1600m. Promoter owned electrical type rig is proposed to be deployed for undertaking drilling activities in the block. The equipment required for the project will be Drill Pipes, Casing Pipes, Xmas Trees, Blow Out Preventer, Cementing services, Drilling fluid services and other Oilfield chemicals. Further RFQs are expected shortly.
8Project Event: RFQ for the equipment and oilfield chemicals are expected by Q3/2018.
8Expenditure Approval: Q4/2016
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Dec/2019
8Completion Date: Dec/2021
Click here for more details Details
8Project Cost: Rs 300 crore
8Project Description: The Promoter is planning to drill 05 exploratory wells. The targeted depths of the wells will be 1600m. Promoter owned electrical type rig is proposed to be deployed for undertaking drilling activities in the block. The equipment required for the project will be Drill Pipes, Casing Pipes, Xmas Trees, Blow Out Preventer, Cementing services, Drilling fluid services and other Oilfield chemicals. Further RFQs are expected shortly.
8Project Event: RFQ for the equipment and oilfield chemicals are expected by Q3/2018.
8Expenditure Approval: Q4/2016
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Dec/2019
8Completion Date: Dec/2021
Click here for more details Details
8Project Name: Greenfield LPG Import Terminal
8Project Cost: Rs 700 crore
8Project Description: Owner is setting up an LPG terminal
8Project Event: RFQ for PFR Consultant expected by June 2018.
8Expenditure Approval : Q3:2017
8RFQ Date : Jun/2018
8Release Date: Jul/2018
8Start Date : Q4:2018
8Completion Date : Q4:2020
Click here for more details. Get key contacts here Details
8Project Cost: Rs 700 crore
8Project Description: Owner is setting up an LPG terminal
8Project Event: RFQ for PFR Consultant expected by June 2018.
8Expenditure Approval : Q3:2017
8RFQ Date : Jun/2018
8Release Date: Jul/2018
8Start Date : Q4:2018
8Completion Date : Q4:2020
Click here for more details. Get key contacts here Details
8Project Name: Refinery expansion and upgradation
8Project Cost: Rs 4000 crore
8Project Description: The refiner along with the EPC contractor and Licensors are carrying out engineering activities to construct new units. RFQ for equipment is already out. At present civil work is going on. Some contracts for mechanical work has been awarded (find out more)
8Project Event: RFQ for the mechanical work for the NHT and SRU is expected by June 2018.
8Expenditure Approval : Q3:2016
8RFQ Date : Jun/2018
8Release Date: Jul/2018
8Start Date : Q4:2017
8Completion Date : Q2:2020
Click here for more details for project configurations, design capacity, unit-wise details and key contacts. Details
8Project Cost: Rs 4000 crore
8Project Description: The refiner along with the EPC contractor and Licensors are carrying out engineering activities to construct new units. RFQ for equipment is already out. At present civil work is going on. Some contracts for mechanical work has been awarded (find out more)
8Project Event: RFQ for the mechanical work for the NHT and SRU is expected by June 2018.
8Expenditure Approval : Q3:2016
8RFQ Date : Jun/2018
8Release Date: Jul/2018
8Start Date : Q4:2017
8Completion Date : Q2:2020
Click here for more details for project configurations, design capacity, unit-wise details and key contacts. Details
