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May 2018

Also get the latest disaggregated data on projections of global demand and supply of LNG
-- Data on ramp up of existing capacity and new capacity coming on stream
-- Also get disaggregated global import and demand data
-- Incremental LNG exports by country
8Incremental LNG import data shows that India did not play a very important role in the world pecking order
8India also played a far smaller role in taking in US LNG exports in comparison with other countries
Click on Reports  for more Details
Get a full update on LNG shipping
8Details are given here of:
-- LNG vessel deliveries by propulsion type going up to 2020
-- Type and categories of existing LNG fleet
-- Average age
-- Order book position in terms of committed and uncommitted vessels going ahead in 2018 and 2019
-- Data is also given here in terms of committed and uncommitted FRSUs and FSUs.
Click on Reports  for more   Details
IOC has posted a record post tax profit of Rs 21,346 crore in 2017-18
8But the good times are over.
8Crude prices are unlikely to come down soon and the government will eventually have no option but reimpose price caps.
8Excise duty cuts and other concessions will eventually have to give way to sharing of subsidies between upstream and downstream companies as India heads towards an election year.
8Expect considerably pruned profits going ahead
Click on Reports  to know more about what is going on with IOC as of now. Details
Construction work of the Kochi-Mangalore pipeline it seems is in full swing.
8While PNGRB’s deadline for the completion of work is Dec’18, it could be completed earlier.
8Completion of the ~400km pipeline would provide impetus to the Kochi LNG terminal which can then access to anchor consumers like MCF, OMPL and MRPL refinery, all of which are ready to consume gas.
Click on Reports  for more Details
What are the basic fundamentals are work in the oil market today.
8There is now an increasing belief that additional US shale oil output may not be sufficient to meet the rise in demand.
8Coupled with low investments, declining inventories and little spare capacity, oil prices are slated to stay high in 2018 and 2019
8For the few remaining bears in the market, the bullish world will quickly unfold as a strong US shale response, slower demand growth due to high prices and the unwinding of the OPEC deal will shift the market back to surplus in 2019.
8From this view, the backend of the futures curve will stablize at around the production cost of US shale
Click on Reports to know what are the real fundamentals at work in the oil market   Details
Here is an example of an oil major investing $20 million in a start-up that plans to charge up an electric vehicle in five minutes.
8It is about as much time that is needed to fill up a conventional car.
8It would sound counter-intuitive to invest in such a venture when oil prices are on fire and everyone is concentrated on pushing up oil and gas output
8But a sober long term assessment continues to point to less fossil use
8Companies who can think beyond the present are eventually adequately awarded.
8Indian oil companies need to push innovative long term investments too
Click on Reports  for more Details
8Project Name:  Oil Field Development
8Project Cost: Rs 2000 crore
8Project Description: Owner's RFQs for 38 well development drilling have been delayed on account of the policy changes and land acquisition issues. The project involves development drilling of 70 wells, nine production installations and laying of approximately 200 km of pipelines(50mm to 300 mm dia). Currently, the project is in pre-clearance phase. The Environmental Clearance for the project is expected by June 2018. The process of hiring an EPC contractor for production installation and the pipeline laying is expected to begin soon. RFQ for the rigs, Xmas Trees, Cementing, Wireline, Drill Collar etc is expected shortly.
8Project Event: RFQs for EPC contractor for production installation and the pipeline network are expected by September instead of June 2018.
RFQs for hiring services for rigs and equipment are expected by September instead of June 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: May/2019
8Completion Date: Dec/2021
Click here for more information for key contacts and other project parameters
Details
8Project Name: Barauni - Guwahati Greenfield Gas Pipeline (GAIL)
8Project Cost: Rs 4015 Crore
8Project Description: Petroleum and Natural Gas Regulatory Board (PNGRB) has accorded the Provisional Acceptance to GAIL for the proposal for laying, building, operating or expanding Barauni-Guwahati natural gas pipeline. The capacity of the pipeline is 1.85 MMSCMD. The total length of the pipeline is estimated to be about 750 km of 24-inch in diameter across the states from Bihar to Assam. RFQ for the PFR consultant is already out. A consultant will be hired to take care of land acquisition and attendant issues.
8Project Event: RFQ for land acquisition consultant is expected by June 2018.
RFQ for survey work is expected by August 2018.
8Expenditure Approval : Q4:2017
8RFQ Date : Aug/2018
8Release Date: Sep/2018
8Start Date : Q1:2019
8Completion Date : Q1:2022
Click here for more details. Subscribe with us for continuous updates on this project, along with key contacts, project configurations and equipment and service requirement going ahead.
Details
8Project Name: Refinery Greenfield Petrochemical Complex
8Project Cost: Rs 20000 Crore
8Project Description: The owner has appointed an EPC contractor and a licensor to to construct a naphtha cracker and a petrochemical complex. RFQ for the LSTK contractor is already out.
8Project Event: RFQ for the equipment is expected by July 2018.
8Expenditure Approval : Q1:2017
8RFQ Date : Jul/2018
8Release Date: Sep/2018
8Start Date : Q3:2018
8Completion Date : Q3:2022
Click here for more details.

8Business Opportunity For Maintenance Contractor
8The owner is planning to float a short term contract for mechanical maintenance job at its units and utilities at its refinery for a period of one year.
Get the key contact details here
Details
8Project Name: Oil Field Development
8Project Cost: Rs 100 crore.
8Project Description new: The owner's RFQ for hiring a  rig for the development of an onland block is already out. Recently the Field Development plan for the block was approved by DGH. The promoter plans to start the production from the block by the Q1 2020-21. The project involves development drilling of 10 wells and laying of an infield pipeline to connect with a GGS. Further RFQs are expected shortly.
8Project Event: RFQs for hiring the well logging, cementing and pipeline installation services is expected by July 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Jul/2018.
8Release Date: Aug/2018.
8Date: Q4/2018
8Completion Date: Q2/2020
Click here for more details and key contacts
Details
8Project Name: Oil Field Development
8Project Cost: Rs 1000 crore
8Project Description: The Promoter is planning exploratory drilling of 18 wells. The targeted depths of the wells shall be up to 3500m. The block also consists of a wildlife sanctuary for which forest clearance has to be obtained and an application has been already applied for that. A chartered hired rig is proposed to be deployed for undertaking drilling activities. The equipment required for the project will be casing pipes, drill pipes, drill bits, Blow out preventer (BOP), Cementing services (Cement, Cementing Chemicals and accessories), and Mud engineering services. Further RFQs are expected shortly.
8Project Event: RFQ for the hiring of Drilling Rig services is expected by Q3:2018.
RFQ for the hiring of equipment and oilfield chemicals is expected by Q3:2018.
8Expenditure Approval: Q2/2015
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Feb/2020
8Completion Date: Dec/2022
Click here for more details  
Details
8Project Name: Greenfield Thermal Power Project
8Project Cost: 10000 crores
8Project Description: Owner along with EPC contractor is carrying out piling work in the 1980 MW greenfield super-critical thermal power. Further bids are expected sson.
8Project Event: RFQs for fire protection system package and raw water system package are expected by June 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Jun/2018
8Release Date: Jun/2018
8Start Date: Q2:2017
8Completion Date: Q4:2021
Click here for more information
8Project Name: Thermal Power Station - FGD Addition
8Project Cost: 800 crore
8Project Description: Owner is planning for installation of two Flue Gas Desulphurisation Units (FGDs) in the 1200 MW thermal power station in order to comply with the environmental norms and conditions. Tenders for the supply and installation of FGDs are expected shortly.
8Project Event: RFQs for supply and installation of FGDs are expected in Q3 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Q3:2018
8Release Date: Q3:2018
8Start Date: Q1:2020
8Completion Date: Q2:2022
Click here for more information
8Project Name: Thermal Power Maintenance Project 
8Project Cost: 16 crores
8Project Description: Owner has planned a 20-day scheduled overhaul of boiler and its auxiliaries in 1200 MW thermal power complex. The job specification includes replacement of boiler pressure parts, replacement of soot blower, repairing of economizer hoppers, repairing of pent house, replacement of seals, among others.
8Project Event: RFQs for boiler overhaul and its auxiliaries are expected by the mid June 2018.
Click here for more information Details
8Cairn India awarded Schlumberger a contract worth $214 million
8ONGC completes GS-OSN-2004/1 3D seismic survey
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Equipment Erection Works for GTU Project at refinery Details
8Hiring of BOG Booster Compressor for a period of one year Details
8Procurement of Differential Pressure and Remote Seal Type Field Transmitters in refinery Details
8Procurement of spares of HGU Feed Gas Compressor at refinery Details
8Supply of Steam Turbine Spares Details
8Procurement of Duplex Heat Exchangers Details
8Construction of chamber and MOV Enclosure at newly installed mainline block valves Details
8Procurement of Dry Film Thickness Gauges Details
8Repair of anomaly points in loopline and mainline Details
8Expression Of Interest for field Development Planning Services in Offshore Ravva Block Details
8ARC for supply of Multi Gas Detector Spares for two years Details
8Servicing and overhauling of Transformers at refinery Details
8Decontamination Piping and Piping Modification jobs in CDUII/ FCCU during Refinery Shutdown Details
8Procurement of Bearings for Rotary Equipments Details
8Procurement of High Speed Diesel Details

You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Serica says awaiting U.S. licence for Rhum field Details
8Deutsche Bank downgrades European energy to "underweight" after strong gains Details
8Australia's Santos rejects Harbour Energy's final $10.8 billion takeover offer Details
8Here’s why petrol price relief is possible and could be painless Details
8IOC fourth quarter net profit up 40 per cent at Rs 5,218 crore Details
8Oil minister Pradhan appeals Odisha govt to reduce tax on petrol, diesel Details
8India poised to join China as global leaders in renewables: Report Details
8Petrol, diesel prices rise for 9th straight day; Govt says working on solution Details

8HPCL fourth quarter net profit drops 4 per cent to Rs 1,747 crore Details
8Budget threat in focus after Narendra Modi's Karnataka setback Details
8Thailand to use fuel subsidy to help consumers as global oil price rises Details
8India may not accept arbitration orders annulling Cairn, Vodafone tax demands Details
8Fuel prices can be controlled by reducing VAT: Petrol dealers Details
8
Fuel price hike: Indian Oil responds to tough questions Details
8Petrol price highest ever in Chennai; up 30 paise across metros Details
8Petrol, diesel should be brought under GST: Cong Details
8Expect govt to come out with solution to rising oil prices in 3-4 days: Shah Details
8Oil dips after rally, Opec may ease supply curbs Details
8Civil Aviation Ministry to urge Finance Ministry to bring ATF under GST Details
8Over 39 lakh jobs created in 7 months till March: EPFO data Details
8BP invests in Israeli fast-charge battery company Details
8BP to cut 3 percent of upstream jobs by year-end Details
8Rollback of price deregulation unlikely: Moody Details
8
Venezuela willing to accept oil payments in rupees: Envoy Details
8Steps to deal with rising petrol, diesel prices likely this week Details
8Is Modi's bad luck with oil burning a hole in people's pockets? Yes, if you go by what he said Details
8Centre brainstorms on oil pricing Details
8Congress attacks Modi government over rising fuel prices; demands GST on petrol and diesel Details
8Oil & gas production begins at Nagayalanka in Andhra Pradesh Details
8Rising fuel prices hurting businesses Details
8Indian Oil to turn to traditional suppliers to meet Iran oil shortfall Details
8Venezuela willing to accept oil payments from India in Rupees: Envoy Details
8India does not agree with US on Iran deal: CRS Report Details
8Oil on the boil: Fuel subsidy may hit Rs 530 billion, says Moody's Details
You can also click on Newsclips for more
Details
Business opportunities for the equipment suppliers : RFQs coming ahead
8Breakdown overhaul of equipment is upcoming in a thermal power plant.
Business Opportunities for the major Solar Power Developers : RfS in Q3 2018
8A state based renewable sector company is planning to establish a solar park of 500MW capacity.
8Survey works is underway for the preparation of DPR.
8The owner shall come out with technical bid and financial bid after RfS bid.
Click on details for more information about the requirements along with the key contact details. Details
8Project Name: Thermal Power Expansion Project
8Project Cost: 7000 crores
8Project Description: Owner along with EPC contractor is getting delayed in the execution of the 1320 MW brownfield super-critical thermal power plant. Further bids are expected soon.
8Project Event: RFQs for supply of the boiler auxiliaries are expected by Q3 2018.
8Expenditure Approval: Sep/2015
8RFQ Date: Q3:2018
8Release Date: Q3:2018
8Start Date: Q2:2016
8Completion Date: Q1:2021
Click here for more information
8Project Name: Thermal Power Station - FGD Addition
8Project Cost: 600 crore
8Project Description: Owner's installation of a Flue Gas Gas Desulphurization unit (FGD) in the 1500 MW thermal power station is getting delayed because the feasibility report is not ready yet. Further bids are expected soon.
8Project Event: RFQs for supply and installation of an FGD are expected to be out by the Q3 2018, instead of May 2018.
8Expenditure Approval: 2016
8RFQ Date: Q3:2018
8Release Date: Q3:2018
8Start Date: Q2:2020
8Completion Date: Q4:2021
Click here for more information
8Project Name: Thermal Power Station Absorber System Package
8Project Cost: 600 crores
8Project Description: Promoter's installation of an absorber system package in the 3000 MW thermal power complex is getting delayed on the lack of approval from the company's headquarters.
8Project Event: RFQs for absorber system package are expected in the mid June 2018, instead of June 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: 10/Jun/2018
8Release Date: 15/Jun/2018
8Start Date: Q3:2018
8Completion Date: Q3:2019
Click here for more information Details
Projects worth more than Rs 2000 crore coming up by Oil India Limited
8The projects will be implemented under EPC/LSTK mode
Click on Details for more Details
8India will not be able to reach its renewable energy targets by 2022, and, in fact, would reach less than half the 175 GW target by that date. Specifically, the 175 GW target is likely to be achieved during 2029-30 under the business as usual scenario, a bit earlier, in 2027-28 under the optimistic scenario, and a lot later, in 2032-33 in the pessimistic scenario. Click on Report  for more.
8An independent analysis seems to show that if capacity and output from renewables were to continue to rise in the coming years, it will have a "cannibalization effect" on wholesale power prices, which would drop to the extent, that if unchecked, it could jeopardize investment in new renewables capacity. Click on Report  for more.
8There is a global race to develop a new process technology to replace Haber-Bosch process in ammonia production. There has been recent progress which goes beyond incremental process technology improvements in ammonia production to yield disruptive, and even breakthrough, advancements. Examples of such advances are carried here.  Those who adopt these new competitive processes may eventually be able to establish cost differentials large enough to threaten those which use older technologies. Click on Report  for more. 

8The website carries here a projection of offshore mobile units long-term contracting prospects from 2018 to 2024, A sharp increase is projected after a slow start. As of now vessel oversupply remains as laid up vessels are reactivated due to higher oil price. The outlook is more positive for production units and special construction units. Click on Report  for more.

8RIL has completed in a record 18 months the construction of a 20,000 tonne ST 6-Control and Riser Platform for its KG Basin operations. Find out what kind of water depth it will operate in and what it took to construct the platform in such a short period of time. Are there business opportunities for marine support for this platform? Click on Report  for more.
8ADNOC's agreement with ISPRL stipulates that during an emergency oil shortage situation the Indian government can use the entire available crude oil stored by ADNOC in the Mangalore SPR facility for its use. Further, as an incentive for storing crude oil at its own cost, the Agreement allows ADNOC to sell part of the crude oil to Indian refineries during normal times. Click on Report  for more.
8The merger between MRPL and OMPL is at an ongoing stage. MRPL plans to develop its petrochemicals slate through the merged entity. Also, reports suggest the possibility of ONGC merging its subsidiaries MRPL and HPCL. However, clarity on the same from the government is awaited. Find out more click on Report.
8New sanctions on Iran and Russia won’t derail the container market recovery but would suppress potential growth. Click on Report  for more.
8One of the world's largest Floating Production Storage Offloading (“FPSO”) players in the world is bullish of this market going ahead. Find out more click on Report.

Details
NPK Fertilizer Greenfield Project  
8Cost - Rs 1517 Crore
8Project Event: RFQ for EPC contractor was floated in February 2017 and price bid has been opened, Finalization is due in two weeks, there has been a delay due to discussions. the tender for equipment is likely to be released in June 2018.
 
Click here for more information
Ammonia-Urea Energy Saving Project
       
8Cost - Rs 347 Crore
8Project EventEOI has already been released for an LSTK contractor in November 2017 but an NIT has not been floated yet, and that is likely in June 2018.
 
Click here for more information
SSP Fertilizer Greenfield Project   
8Cost - Rs 90 Crore
8Project EventRFQ for an LSTK contractor was released in March 2018 and evaluation process is ongoing, price bid has not been opened yet, Tender for equipment is likely to be released in August 2018.
Click here for more information
Details
Oil India Ltd has announced that it will take the 100% EPC or LSTK route for its E&P projects.
8For E&P projects, therefore, the company would move away from dealing with individual equipment and service suppliers and instead go to EPC and/or LSTK contractors
8Equipment and service suppliers will have to go the EPC contractor for business or line up with him so that the contractor can submit reasonable and competitive bids
8EPC contractors, in turn, are likely to give out sub contracts or place orders for equipment and services.
8OIL has framed a set of rules for such EPC work, including how much business can a contractor bid for, how many members will be allowed within a consortium as well as turnover and qualification criteria along with compulsory MSME purchase conditionality.
8A pre-tender bids will be a condition for all high value EPC or LSTK contracts.
Click on Details for more on the new set of rules which will now come into force Details
A large group of potential EPC or LSTK contractors had assembled in New Delhi for a briefing by OIL officials on its new business model
8There were a large group of domestic as well as international companies in the gathering
8If you are a equipment supplier or a service provider, this the group that you need to be focused on for business opportunities
8Find out more about these companies. Including key contacts in them.
Click on Details for more   Details
The new turnover criterion to qualify as an EPC contractor has not been received well by some potential bidders
8"They should relax the norm so that more companies can qualify," an EPC contractor told this website.
8The fact that EPC companies should have specific tie-ups for supply of equipment as well full disclosure of teams which will work on a project are the other conditions.
Click on Details for more Details
OIL has worked in an attractive bonus system for early completion of work under the EPC or LSTK mode
8Then again, the fund release for the project is sought to be spread evenly over the life of the project
8But the past experience criteria have been made stricter
Click on Details for more   Details
8Project Name: Greenfield POL Terminal
8Project Cost: Rs 900 crore
8Project Description: The owner is planning to install a new common user petroleum product storage and distribution terminal with a large capacity. A slight delay in the selection of the contractor due to issues with environment clearance.
8Project Event: RFQ for a contractor is expected by the first week of August instead of May 2018.
8Expenditure Approval : Q1:2017
8RFQ Date : Aug/2018
8Release Date: Sep/2018
8Start Date : Q3:2018
8Completion Date : Q3:2019
Click here for more details. for key contacts
Details
8Project Name: Greenfield Pipeline Project
8Project Cost: Rs 200 crore
8Project Description: The capacity of the pipeline is 20  MMSCMD.
8Project Event: RFQ for the HAZOP (Hazard and Operability) study is expected by August 2018.
8Expenditure Approval : Q3:2017
8RFQ Date : Aug/2018
8Release Date: Sep/2018
8Start Date : Q1:2019
8Completion Date : Q3:2020
Click here for more details.

8Business Opportunity for a Maintenance Contractor
8Gas Authority of India Limited is planning to float maintenance contracts for a tenure of two years for terminals and pipelines in North Gujarat, Dahej and Bharuch.
Click on Details for more.  
Details
For reference purposes the website carries here the following tenders:
8Transportation of bulk ATF by road Details
8Annual Rate Contract for GGS-EPS of Cambay Asset Details
8Three Year Rate contract for restoration of abandoned drill sites Details
8Hiring of Services for Miscellaneous Job Contracts at Drilling Services Details
8Procurement of 15M WH and X-mas Trees for the year 2018-19 Details
8Procurement of various sizes of Pipe Fittings on ARC Basis Details
8Procurement of Coated and Uncoated Pipes on firm requirement basis Details
8Supply of Special Control Valves for PDPP Project Details
8Procurement of Brass Heat Exchangers Details
8Area developmental works for below pipes lines in refinery Details
8Rate contract for Operation and Maintenance of Heavy Equipment at refinery Details
8Visit of Service Engineer for Accumulator Bladder Pressure Checking and Servicing in Lube Oil Circuit of various Supercritical Equipments and for accumulator bladder at refinery Details
8Procurement of Flowserve Make Mechanical Seal Spares Details
8Providing Master Bushing for Rotary Table Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Fuel prices sky rocket: Chambers tell government to cut excise duties Details
8TN govt hints it may not cut VAT on fuel Details
8Industry seeks cut in fuel excise duty as oil prices zoom Details
8BP back on its feet but CEO senses no respite Details
8Egypt to hold 2 international bid rounds for oil, gas exploration -statement Details
8Japan's Tokyo Gas takes first LNG cargo from Cove Point Details
8Petronet fourth quarter net profit up 11 per cent at Rs 522 crore Details
8Why petrol price has hit a record high Details

8India receives 13 applications from firms under second round of oil and gas auctions Details
8India receives first cargo for Mangalore petroleum reserve from ADNOC Details
8Rising crude may stretch CAD to 2.5 pc of GDP in FY19: SBI report Details
8HP gas bottling plant contract workers stage dharna Details
8LPG plant opens in Balangir Details
8
Is India’s economy headed for iceberg? Details
8BJP government overtakes UPA in fuel price hike; petrol and diesel excise duties touch historic high Details
8GAIL plans to sell VGL stake to Gujarat Gas Details
8Government on slippery slope over oil prices Details
8Global oil prices to stay firm Details
8Oil less of an impact on economy than believed: SBI Details
8India to achieve 9 per cent growth rate by 2022: Niti Aayog VC Details
8Iran condemns US announcement on sanctions Details
8L&T Hydrocarbon Engineering bags orders for setting up two fertilizer plants Details
8Limiting warming to 1.5 degrees C can save world's species Details
8Motor vehicles department to e-certify vehicle pollution testing centres Details
8Oil prices edge up on Venezuela, Iran supply worries Details
8Narendra Modi's road to 2019 passes through a petrol pump Details
8Petrol prices highest ever in Delhi, Mumbai Details
8High Oil prices no worry for Petronet’s order book Details
8Reduce Excise Duty, VAT on Petrol, Diesel, Sachin Pilot says Details
8How rising crude prices may affect these 10 oil-related stocks Details
You can also click on Newsclips for more
Details
You are no longer going to be disqualified in an ONGC tender if you breach the following caps:
8Mobilization charges
8Demobilization charges
8Standby charges
8Rental charges
8Non-operating day rates
8R&M charges
Click on Details for more Details
8Project Name: Thermal Power Brownfield Project
8Project Cost: 9000 crores
8Project Description: Owner along with an EIA consultant is planning the construction of a 1980 MW thermal power plant. Further bids are expected soon.
8Project Event: RFQs for raw water, make-up water system and associated civil works package are expected by June 2018. 
 RFQs for make-up water pipes package are expected by June 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Jun/2018
8Release Date: Jun/2018
8Start Date: 2019
8Completion Date: 2023
Click here for more information
8Project Name: Thermal Power Station Maintenance Project
8Project Cost: 20 crore
8Project Description: Promoter has planned a 35-day annual scheduled overhaul of the boiler in the 1500 MW thermal power station. The mandatory work includes overhauling of ID and FD fans, replacement of boiler pressure parts, cleaning of heating surface of boiler, repairing of economizer hoppers, repairing of pent house, replacement of seals, among others.
8Project Event: RFQs for required equipment are expected by the June 2018.
Click here for more information
Business opportunities for the maintenance contractors : RFQ coming ahead
8Breakdown overhaul of equipment is upcoming in a thermal power plant 
Click on details for more information about the requirements along with the key contact details.
Details
8Project Name: Refinery Expansion Project
8Project Cost: Rs 18000 crore
8Project Description: The owner has hired a PFR consultant to expand the capacity. A PMC contractor has also been hired. Further RFQ will be expected soon. Selection of the Licensors will be done by the PMC contractor
8Project Event: RFQs are expected by September 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q4:2018
8Completion Date: Q4:2022
Click here for more details

8Business Opportunity an Equipment Maintenance Contractor
8Indian Oil Corporation Limited is planning to float short-term contract of overhauling and testing control of valves at the time of maintenance shutdown one of its refineries
Click on Details for key contacts
Details
8Project Name: Greenfield LPG pipeline project
8Project Cost: Rs 5000 crore
8Project Description: The owner along with PMC contractor has divided up the pipeline into three stretches, 650 km (approx) each for contracting purposes. RFQ for the compressors and drivers is already out. Further RFQs are expected soon.
8Project Event: RFQ for the mainline pipes and stations valves are expected by August 2018.
8Expenditure Approval: Q3/2016
8RFQ Date: Aug/2018
8Release Date: Oct/2018
8Start Date: Q3:2018
8Completion Date: Q3:2021
Click here for more details
Details
8Project Name: Greenfield LPG Bottling Plant
8Project Cost: Rs 150 crore
8Project Description: The owner is planning to construct an LPG bottling plant with a capacity of 50 TMTPA A slight delay in the selection of PMC contractor due to a query raised by the SEAC.
8Project Event: RFQ for a Project Management Consultant is to be expected by July instead of March 2018 as was thought earlier.
8Expenditure Approval: Q2/2017
8RFQ Date: Jul/2018
8Release Date: Aug/2018
8Start Date: Q3:2018
8Completion Date: Q3:2020
Click here for more details
Details
8Project Name:  Brownfield Expansion Project
8Project Cost: Rs 25,000 crore
8Project Description: The owner seems to have run into trouble with the approval process for the expansion. The owner is also looking for investors to roped in as well but not enough progress has been made on this front either so far. Even so, there is enthusiasm that they will float RFQs sometime in August 2018
8Project Event: RFQ for hiring consultants has been delayed till August 2018 for the time being, instead of May 2018 which was planned earlier.
8Expenditure Approval: Q1/2017
8RFQ Date: Aug/2018
8Release Date: Sep/2018
8Start Date: Q4:2018
8Completion Date: Q4:2022
Click here for more details for more details
Details
So far, Iran has been maintaining a tough face and not offering any special conditions to oil buyers even as it faces looming US sanctions.
8But as sanctions bite, it will act as it did in 2012–15, offering discounts and extended payment terms up to 90 days.
8It will accept payment in rupees to lure India in particular
8Higher oil prices, already in evidence, will partly cushion some loss of exports.
8Iran will deploy its array of front companies, use its own tanker fleet (the largest in the Middle East), disguise ship names and locations, and conceal crude origin by blending with that of other countries.
Click on Reports  for more Details
Is marauding oil giant Exxon Mobil trying to buy out investors in Exxon, including Anadarko's 26.5% stake in the Mozambique oil & gas block?
8The Indian trio of ONGC, OIL and BPCL are heavily invested in the block
8Anadarko Petroleum said Mozambique LNG's near-term marketing objective has been met with non-binding key terms agreed with multiple buyers for more than 8.5 million tonnes per year.
8Even so FID is not expected this year but clearly, there is now a great deal of momentum of all sorts in the project
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What is holding back the rapid proliferation of rooftop power in India, particularly when it has reached grid parity
8High upfront cost is a deterrent
8But lack of awareness is a key factor, claims a study
8Also the entire process transition process is cumbersome, of finding the right vendor for both EPC and maintenance, applying for subsidy and net metering
8Clearly, there is a need for single-window approach.
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It is difficult to say exactly how much time is left before global warming breaches the danger mark
8Humanity might have already burned through the total allotment of carbon dioxide six years ago.
8Researchers now suspect that the 2 °C Paris target could be out of reach, at least without developing technologies to pull CO2 out of the atmosphere or artificially cooling the earth by blocking incoming solar radiation.
8The amount by which the world will ultimately warm hinges on a key question: how quickly will the emissions curve bend?
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   Details
The median share of solar energy in utility-based electricity generation ranges from 17 per cent to 19 per cent in 2030 and 42 per cent to 50 per cent in 2050, under three different economic growth scenarios, according to a new analysis.
8This, however, does not mean that coal-based electricity generation will peak and decline, it will continue to grow.
8Only under the most pessimistic scenario – low economic growth, along with high cost of coal, and low cost of all other competing technologies – do we see coal-based generation peaking in 2035 and then declining.
8All other technologies – including wind and nuclear – will have only a limited role.
8Electricity generation from wind energy will also see secular growth, and capacity additions will be higher than coal, but its overall potential is limited unless offshore wind becomes cost-competitive rapidly.
8Gas-based electricity will not be able to play a significant role in India’s power sector unless there is a significant shift in international gas market dynamics and the cost of gas-based power falls.
8The same can be said for nuclear energy-based power generation in India, as nuclear power plants are becoming expensive to import, and progress on domestic reactors has been slow at best.
8While these observations may already have been known, get the hard data and the modeling exercise around it on our website
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There is good news for the oil & gas industry going ahead, at least for the next five years
8Oil demand growth will be robust till 2023
8This demand is going to be lead by the sharp increase in global petrochemical industry
8The counter-balance is that output will exceed this rise in demand at least up to 2020
8The market however is in a near balance situation
8Supply disruptions will cause sharp spikes in prices, as spare capacity shrinks
8At any rate it will be difficult for prices to slow down anytime soon.
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Find out more about how the rise in oil prices is threatening to unhinge the Indian economy
8The RBI may be forced to act sooner than later to douse out the fires.
8Find out how badly the economy is going to be impacted
8The government has limited policy tools available
8Who will eventually take the brunt of the hit?
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If you are an E&P investor, this is the time to push forward with your investments
8E&P is the preferred segment in the oil & gas sector today
8The focus seems to be to take advantage of low equipment and service rates that are prevailing now before they start firming up
8There are an assortment of Indian E&P companies sitting on producible assets
8It is time to float the RFQs and roll out the contracts
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There is a pick up on onshore E&P activity in India
8An estimate has been made that ONGC alone will need 24 onshore rigs going ahead
8Some suppliers are already taking proactive steps to meet this spurt in demand
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8Project Name: Oil Field Development
8Project Cost: Rs 150 crore.
8Project Description: Owner's RFQs for hiring a drilling rig for the development of an onland field are already out. Recently the Field Development plan for the block was approved by DGH. The promoter plans to start the production from the block by the Q1 2020-21. The block was awarded to the company under Discovered Small Fields Round (DSF) in 2016.
8Project Event: RFQs for hiring the well logging, cementing and pipeline installation services is expected by July 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Jul/2018.
8Release Date: Q3/2018.
8Date: Q4/2018
8Completion Date: Q2/2020
Click here for more details for key contacts
Details
8Project Name: Exploratory Drilling Project
8Project Cost: Rs 200 crore
8Project Description: RFQs for equipment for 3 well onland exploratory drilling project have been slightly delayed. Hydrofracturing services for the block has already been awarded. The block was awarded to a JV and it currently involves the construction of an EPS and the laying of an Intra-field pipeline network. Currently, the environmental clearance for the project is awaited. The EPS contract has already been awarded. For the Liner Hanger assembly part, six companies have been shortlisted. Requirements are coming up for Xmas Trees, Manifolds, DG Sets, Casing Pipes, Compressor, HSD.
8Project Event: RFQs for equipment are expected by July instead of May end 2018.
8Expenditure Approval: Q1/2018
8RFQ Date: Jul/2018
8Release Date: Sep/2018
8Start Date: Q4/2018
8Completion Date: Q4/2019
Click here for more information
Details
8Project Name: Oil Field Development
8Project Cost: Rs 1500 crore
8Project Description: The Promoter is planning  an Onshore Oil & Gas development drilling and production. The project includes development drilling of 40 wells, 5 production installations and laying of assorted Oil & Gas flowlines/delivery lines (from 50mm to 300mm NB) of total length 100km. 2D and 3D seismic data acquisition have been adequately carried out in the area. The equipment required for the project will be Drill Pipes, Drill Collars, Casing Pipes, Xmas Trees, Blow Out Preventer, Cementing services, Drilling fluid services and other Oilfield chemicals. An EIA Consultant for the project has already been hired. Further RFQs are expected shortly.
8Project Event: RFQ for the equipment and oilfield chemicals are expected by Q3/2018.
 RFQ for hiring EPC contractor for production installation and pipeline network is expected by Q3/2018.
8Expenditure Approval: Q2/2016
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: April/2020
8Completion Date: Dec/2022
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Details
Even though the Valentine-Supreme consortium's bid was the lowest, someone else got the bid
8Find out who did
8Vendors can look out for offshore work from the contractor
Click on Details for more
   Details
For reference purposes the website carries here the following tenders:
8Supply, Installation, Commissioning and Non Comprehensive AMC for 3 years of Hydrocarbon Dew Point Analyzer Details
8Fabrication and Supply of Magnetic and DAS (Data Acquisition System) Module Details
8Upgradation of Gas Monitoring System with addition of sensors Details
8Supply of Mechanical Seal Spares Details
8Supply, Fabrication, Erection, Welding and Transportation of Piping Jobs Details
8Supply of Valve Spares Valve body for ON-OFF valves installed in weak acid section of refinery Details
8Supply of spares for steam turbine governor actuator at refinery Details
8Procurement of Temperature Transmitters Details
8Annual Rate Contract for Overhauling of ABB make VCBs at refinery Details
8Supply and Carrying out Boiler Tube Replacement and IBR Bare Inspection of Boiler Details
8Restoration of site by soil rehabilitation in Pipeline section Details
8Terminal Automation System at Meerut IRD Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Govt non-committal on cutting excise; oil price rise to inflate import bill by up to $50 bn Details
8Cabinet okays top-level appointments to various departments Details
8IOC teams up with MCPI to set up Rs 1,000 cr polyester unit in Odisha Details
8EU energy commissioner arrives in Iran in a bid to protect trade ties Details
8Scholar: Dumping fossil fuels by 2050 needed to save climate Details
8World's first floating nuclear barge to power Russia's Arctic oil drive Details
8Kenya oil production on course after agreement on revenue share Details
8Karnataka politics, oil prices to exert pressure on rupee: Experts Details

8Petrol price in Delhi, Chennai, Bangalore, rest of India today: Check details as fuel prices skyrocket! Details
8Oil prices, Karnataka politics to exert pressure on Indian rupee: Experts Details
8Oil prices, Q4 earnings to drive stocks markets this week Details
8Petrol, diesel touch all time highs as oil companies hike rates Details
8China agrees to import more from U.S., no sign of $200 bln figure Details
8
FPIs in exit mode, pull out USD 2.65-bn in May on high oil price Details
8Petrol, diesel hit new lifetime highs on the 7th straight day of fuel price hikes Details
8If oil, dollar don’t fall, India markets will be vulnerable: Krishna Memani, Oppenheimer Funds Details
8RIL gets Green Nod for 2,338cr Expansion Project in Maharashtra Details
8Threat to profit margins and earnings from higher crude oil prices Details
8Engineering graduates duped of Rs. 10L for fake ONGC jobs Details
8Oil, gas contractors to get rights for other hydrocarbons in their areas Details
8Markets likely to stay volatile; political uncertainty, oil may add to jitters Details
8Solution to combat surging fuel prices soon, says Dharmendra Pradhan Details
8Average price of US gas jumps 10 cents, to $3 a gallon Details
8PetroChina steps up gas supply to help meet demand Details
8Britain's Drax launches bioenergy carbon capture project Details
8Iran says Europe's support for global nuclear deal is not enough Details
8At over Rs 84 per litre, petrol costliest ever in India Details
8PM Modi says talks with Putin will strengthen ''special and privileged' partnership Details
8Diesel zooms past Rs 70 per litre mark in Kolkata, petrol at record high Details

8Petrol, diesel hit new lifetime highs on the 7th straight day of fuel price hikes Details
You can also click on Newsclips for more
Details
8Project Name: Greenfield Hydroelectric Project
8Project Cost: 1500 crores
8Project Description: Owner is in the process of preparing tender documents for a 210 MW greenfield hydroelectric plant.
8Project Event: RFQ for civil and infrastructure package is expected by the end of May 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: 30/May/2018
8Release Date: Jun/2018
8Start Date: Q2:2019
8Completion Date: Q4:2023
Click here for more information
8Project Name: Thermal Power Plant - Renovation & Modernisation Project
8Project Cost: 50 crore
8Project Description: Owner is planning the renovation and modernisation of the 3000 MW thermal power complex. Owner is currently preparing bid documents.
8Project Event: RFQs for supply, erection and commissioning of a screw air compressor are expected by the end of May 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: 25/May/2018
8Release Date: 30/May/2018
8Start Date: Q3:2018
8Completion Date: Q1:2019
Click here for more information
8Project Name: Gas Power Station Maintenance Project 
8Project Cost: 8 crores
8Project Description: Promoter has planned a 25-day scheduled maintenance in the 700 MW Gas Based Power Station covering turbine inspection and air fuel ratio. The scope of work includes inspection and replacement of nozzles, buckets, combustion liners, bearings of gas turbine, turbine casing, seals, among others.
8Project Event: RFQs for required equipment are expected by first week of June 2018.
Click here for more information
Details
Business opportunities for the equipment suppliers : RFQ coming ahead
8Requirement of a equipment is upcoming in a thermal power plant.
Business Opportunities for the major Solar Power Developers : RfS in Q3 2018
8A state based renewable sector company is planning to establish a solar park of 500MW capacity.
8Survey works is underway for the preparation of DPR.
8The owner shall come out with technical bid and financial bid after RfS bid.
Click on details for more information about the requirements along with the key contact details. Details
The business model of the current crop of US LNG export projects places all of the market risk with the offtakers.
8In an increasingly uncertain LNG market, buyers are starting to resist taking this risk in signing new long-term contracts under these terms.
8New LNG supply projects are starting to take note and some, not just those in the US, are exploring more innovative commercial structures which spread the market risk across the value chain more evenly.
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While Chinese LNG demand growth has staved off any fall in LNG spot prices in 2017, it is unclear how long this can provide a back stop for the continuing increase in LNG supply.
8The first real test of the LNG market’s ability to absorb the expected 2018 surge in output is likely to come in the coming months, following the ramp up of a number of supply projects
8But previous prognostications of a severely distressed LNG market in 2018 now seem less likely to be proven right, given the experience of 2016 and 2017.
8Indeed, it now also seems possible that 2018 may pass without any dramatic price drops, and without US capacity being shut in – which will be a key indicator of an over-supplied market.
8If this alternative scenario comes to pass, it will be a really remarkable result, showing the flexibility of the markets to absorb new supply.
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