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May 2018

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
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Details
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
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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
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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 contact Details
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.
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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
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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
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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?
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   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
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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.
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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.
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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
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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 GMS Details
8Procurement of Specialty Amine for GSU Operations Details
8Hiring of services for Inspection/ Overhauling and Commissioning for Compressors Details
8Procurement of CPVC and UPVC pipe and pipe fittings Details
8Supply and Dosing of Pour Point Depressant in Fuel Oil product during peak winter period at refinery Details
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 refinery Details
8Supply of Flanges at refinery Details
8Supply of Carbon Steel Pipes at refinery Details
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 biz Details
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 spot Details

8Kuwait Petroleum eyes 24% stake in Bina refinery: report Details
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
8
U.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 polls Details
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 vehicles Details
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 more Details
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 more
Details
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 Project Details
8Fabrication of TWD Pipeline at Pipeline Terminal Details
8Transportation of LPG Cylinders Details
8Parties to Prequalify for Completion Fluid Services in three vertical wells to be drilled in JV block KG-ONN-2003/1 in Nagayalanka Details
8Supply of Seamless Fittings during shutdown Details
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 Material Details
8Hiring of Drilling Rig Package with crew for exploratory Drilling Details
8Mechanical piping and associated support works in refinery Details
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: report Details
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 cryptocurrency Details

8Why India’s fuel prices are sky-high when oil isn’t Details
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
8
India 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
8
Savannah 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
8
At 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 more
Details
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