8Project Name: Oil Field Development 8Project Cost: Rs 400 crore 8Project Description: The Promoter is planning to drill 5 exploratory drilling. The requirement for the project will be drill bits, drill pipes, casing pipes, 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 hiring of oilfield services is expected by Q3/2018. 8Expenditure Approval: Q4/2016 8RFQ Date: Q3/2018 8Release Date: Q3/2018 8Start Date: May/2020 8Completion Date: Dec/2022 Click here for more detailsDetails
8Project Name: Greenfield 2G Bio Ethanol refinery 8Project Cost: Rs 600 crore 8Project Description: The owner along appointed a PMC contractor to construct an ethanol plant with a capacity of 3 KL fuel-grade ethanol per day, primarily from biomass. 8Project Event: RFQ for the technology licensor is expected by July 2018. 8Expenditure Approval : Q4:2016 8RFQ Date : Jul/2018 8Release Date: Aug/2018 8Start Date : Q1:2019 8Completion Date : Q1:2022 Click here for more details.Details
8Project Name: Refinery BS-VI Upgradation Project 8Project Cost: Rs 500 crore 8Project Description: The owner along with EPCM contractor and Licensor is setting up an FCC gasoline desulphurization unit. Engineering activities are currently on in the project. Further RFQs are now awaited. 8Project Event: RFQ for the composite work in the sulphur recovery unit is expected by last week of July 2018. 8Expenditure Approval : Q4:2016 8RFQ Date : Jul/2018 8Release Date: Aug/2018 8Start Date : Q2:2017 8Completion Date : Jun/2019 Click here for more details. 8Business Opportunity for the Pipeline Maintenance Contractor 8Owner is planning to float a contract for up to three years for the pipeline maintenance and miscellaneous civil work in the month in June in a trunk pipeline. 8Click on Details for key contactDetails
A rig has been contracted for RIL's new drilling programme in its R series block 8Commissioning of the reservoir will begin from mid 2020 and a production of 12 mmscmd out of 30-35mmscmd gas output targeted by 2022. 8The MJ1 prospect which will kick in 12-13mmscmd from 2021-22 is a HPHT field, but similar to the existing MA field in the D-6 block. The FDP is approved and the BP-RIL consortium has started the contracting process, with awards for subsea and other items likely from second half of 2018 8Then again the Satellite fields with 6-7mmscmd starting from 2021-22 are similar to D1/D3 fields but the consortium will use past experience to perform better this time. 8Life of R Series and MJ1 would be 9-11 years and satellites 6-7 years. 8The point to note is that the existing D1/D3/MA fields will be decommissioned, as no potential is left though associated systems need to be kept running till new gas comes. Click on Reports for more
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The RIL's DTA refinery gasifiers under petcoke gasification project are currently under stabilization and optimization process. 8They normally take 3-6 months. Hence, commercialization is expected in the current quarter. 8The SEZ refinery units are under commissioning and by Q3FY19, the entire petcoke gasification would be commercially operational. 8RIL will cut LNG consumption that extent by these timelines. 8LNG offtake will come down as a result Click on Reports for more
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The Financial Action Task Force (FATF), a global money-laundering watchdog, will place Pakistan on its terrorist financing watch list (grey list) later this year. 8The grey-listing may squeeze Pakistan’s economy and make it harder for the country to meet its mounting foreign financing needs, including potential future borrowings from the International Monetary Fund. 8The grey-listing could lead to a downgrade in Pakistan’s debt ratings, making it more difficult to tap into the international bond markets and stash plans to raise more through Eurobonds and Sukuks. 8The United States is acting to squeeze Pakistan’s finances: the Trump administration suspended assistance of over $1 billion, which included military assistance and the release of Coalition Support Funds (CSF), money which the United States owes to Pakistan for military operations. 8Find out how all of this makes for an explosive mix for our neighbour Click on Reports for more
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Digitization is going to be a $1 trillion business in India sooner than later 8Get to understand how this is going to be so. 8Where are the business opportunities? 8How quickly will the transition happen? 8How can you benefit both as a user or a supplier of digital technology? Click on Reports for more Details
With less than two years before the sulphur cap comes into force, LNG is looking more plausible as the marine fuel of the 21st century. 8This is because LNG is going to cheaper than low-sulphur marine gas oil (LSMGO). 8But its adoption is fraught with all kinds of problems 8They are not insurmountable however 8Get a full analysis here Click on Reports for more
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The use of gas in a decarbonizing economy is slowly getting redefined away from the usual narrative. 8Worryingly, a renewable only approach is not fulfilling emission reduction targets in some advanced countries. 8The emphasis is clearly shifting to gas fired power to replace coal power but with governmental subsidies. 8There are lessons here for Indian policy planners who have turned away from subsidized gas based power. 8At the same time, the focus is moving to decarbonized gas, where gas to liquids technology comes into full play, with the spin off CO2 pumped back into oil & gas reservoirs. 8This has the added advantage of keeping existing gas production going beyond the current viable lifespan, given decarbonization targets, while existing pipeline infrastructure can be utilized to transport hydrogen and other energy storing liquids. 8Pilot plants are sprouting out in advanced countries and, increasingly, there is greater acceptance of this concept. 8This narrative is different from the use of pure gas in an economy. And this is a very important distinction that policy makers must take into account. 8Technological and financial barriers are being pushed aside for this new gas paradigm as renewable only policies are failing to deliver the emission reduction targets. Click on Reports for more
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Onland E&P blocks in India are profitable because of availability of infrastructure and low extraction costs 8After fighting hard to get through the government's approval process, an E&P operator is wooing possible suitors for its participating stakes in a bunch of blocks. 8The E&P assets are either producing or have discovered reserves. 8The company is looking to sell out if the offer is good enough. 8An intrepid Indian entrepreneur can fetch double digit returns on investment in these blocks, provided, of course, he has the necessary clout to push regulatory approvals as and when necessary. Click on Reports for more
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CNG supply using new tech vessels in which the gas will be stored in near-ambient temperatures will begin from 2020 8Suppliers are now saying that delivered CNG will be very cost competitive with similar delivered LNG cargoes starting from 2020 8What is more CNG can offer flexible terms on long-term contracts vs LNG 8CNG infrastructure will be a fraction of LNG receiving terminals 8A long term offtake agreement totaling up to around 7 mmscmd of gas is being worked out with an Indian party Click on Reports to know more
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For reference purposes the website carries here the following tenders: 8Procurement of Flow Line Items Details 8Laying of pipeline from Trishna EPS To Monarchak GMSDetails 8Procurement of Specialty Amine for GSU OperationsDetails 8Hiring of services for Inspection/ Overhauling and Commissioning for CompressorsDetails 8Procurement of CPVC and UPVC pipe and pipe fittingsDetails 8Supply and Dosing of Pour Point Depressant in Fuel Oil product during peak winter period at refineryDetails 8Fabrication and Supply of Electronic Boards of Data Acquisition System Details 8Annual Rate Contract for ROW Maintenance Activities Details 8Rate contract for Operation and Maintenance of Coke Conveyer System in Delayed Coker Unit of refineryDetails 8Supply of Flanges at refineryDetails 8Supply of Carbon Steel Pipes at refineryDetails 8Procurement of Test Stump assembly Details 8Corrigendum: Carrying out Hot Tapping Works at various locations for CGD Project Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Japanese prime minister Shinzo Abe praises relations with oil-rich UAE Details 8Iran views TAPI plan as unlikely, agrees to Pak-Turkmen gas swap Details 8Pradhan courts Japan for building LNG facilities Details 8NSDF, NSDC, Indian Oil Corp in Pact to Support Skill India Initiative Details 8Hiranandani Group arm to invest Rs 2,200cr in gas pipeline bizDetails 8BS-VI fuel in NCR by April 2019, other metros in 2020: Govt to SC Details 8Government won’t cut excise duty on petrol, diesel right now, economic affairs secretary tells PTI Details 8'Retrospective' amendment to Rajasthan production pact puts Cairn India in a spotDetails 8Kuwait Petroleum eyes 24% stake in Bina refinery: reportDetails 8India infrastructure output growth slows to three-year low in 2017/18 Details 8BP eyes upcoming oil auctions in Brazil, Mexico -Latam chief Arbelaez Details 8India opting for renewables to cut fossil emissions: Study Details 8BP CFO flags possible dividend boost this year Details 8U.S. moves up to second most attractive renewables market after China - report Details 8Retrospective amendment to Rajasthan PSC puts Cairn in a spot Details 8Marathon to become top U.S. refiner with $23 bln Andeavor buy Details 8BPCL to shut Bina oil refinery from mid-September for 45 days Details 8Tax burden on petrol has become a people vs govt issue: Chidambaram Details 8Oil is on the boil but your petrol bill won't go up, all thanks to Karnataka pollsDetails 8India’s first floating Storage Re-gasification Unit inaugurated by Maha CM Details 818 US states sue Trump administration over emission rules for vehicles Details 8India, Japan to initiate talks on zero emission vehiclesDetails 8India, Japan discuss partnership for energy projects in Asia and Africa Details 8Anadarko tops profit estimates on higher oil prices, cost cuts Details 8Crude oil, refinery products decelerate March's core industries output Details 8Oil steady on Iran sanction worries, but surging US supplies cap market Details 8View: India's oil addiction is undermining economy once moreDetails 8Big relief! Your petrol, diesel bills not to rise; here is big reason why Details 815 bidders likely in oil block auction; ONGC, Oil India may jointly bid Details 8Rupee fall may push up input cost further for Indian companies Details 8ONGC plans LatAm expansion Details You can also click on Newsclips for moreDetails
For reference purposes the website carries here the following tenders: 8Bearing Cooling Tower Package for GTU Project at refinery Details 8Supply of Plant Communication System for GTU ProjectDetails 8Fabrication of TWD Pipeline at Pipeline TerminalDetails 8Transportation of LPG CylindersDetails 8Parties to Prequalify for Completion Fluid Services in three vertical wells to be drilled in JV block KG-ONN-2003/1 in NagayalankaDetails 8Supply of Seamless Fittings during shutdownDetails 8Carrying out Passivation Circuit Piping Jobs in Plant Details 8Supply of MOV Spares at refinery Details 8Insurance Coverage for Marine Sales Turn Over Policy for Transit of MaterialDetails 8Hiring of Drilling Rig Package with crew for exploratory DrillingDetails 8Mechanical piping and associated support works in refineryDetails 8Mechanical hot and cold jobs comprising maintenance of Heat Exchangers columns vessels at refinery Details 8Modification of pipeline cross over for direct access in dykes Details 8Supply of Hart Multiplexer Systems Details 8Repair of Steam Turbine Rotor and Post Repair Overhauling of Turbines Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Karnataka connection? Petrol prices unchanged for 6 days even as crude oil market fluctuates Details 8Crude oil below the support level Details 8Bullish on Reliance Industries, stock likely to hit Rs 1100 by FY19 end: Akash Jain Details 8Marathon Petroleum to buy Andeavor for $23 billion Details 8Iran views Turkmenistan-India gas pipeline as unlikely: reportDetails 8No excise duty cut on petrol, diesel for now, says DEA Secretary Details 8IOCL to lay Rs 10 bn pipeline to evacuate products from Paradip refinery Details 8Venezuela's offer to India: Buy crude oil at 30% discount but through cryptocurrencyDetails 8Why India’s fuel prices are sky-high when oil isn’tDetails 8Why this famous hedge fund manager thinks oil can hit $300/bbl in a few yrs Details 8No excise duty cut on petrol, diesel for now: DEA secretary Details 8Bringing eco-friendly vehicles in India an issue due to lack of policy: Honda Details 8India should secure its development, remain committed to climate actions: Ex-AEC chief Details 8India must revamp energy taxation: Montek Singh Ahluwalia Details 8UK energy supplier Centrica to trial blockchain technology Details 8Crude's top hedge fund manager says oil at $300 not impossible Details 8Crude oil price extends gains, buoyed by Iran sanction worries Details 8Sonatrach boosted gas output by 5 percent in 2017 - CEO Details 8Savannah Petroleum considers sell-down in Niger before first oil Details 8Lawsuit targeting oil, gas lease sales cites imperiled bird Details 8France's Total, Germany's Siemens hope to sign Cuban LNG deal soon Details 8India braces for explosion as Trump's Iran sanctions countdown begins Details 8Commodity price outlook looks favourable for domestic producers Details 8Why India fuel prices are sky-high when oil isn’t Details 8At Nanar, support for Oil Refinery invites Social Boycott, Hostility Details 8Oil extends gains, buoyed by Iran sanction worries Details 8Has rate hike dilemma ended? Petrol prices in Delhi, Kolkata, Chennai stay at peaks for 7th day Details 8Split to grow both GAIL & gas market Details 8LNG diplomacy: India plans to build terminals in 4 nations Details 8PIL seeks transparency in fuel prices Details You can also click on Newsclips for moreDetails