What will be the GDP impact on India if oil prices were to return to $100/bbl? 8A scenario analysis is carried here for the next five years should that happen 8India is going to be among the hardest hit in the world Click on Reports for more
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How is the future oil company going to look like? 8Very different from today 8Will the super giants survive or will niche companies take over? 8What is the future of distribution companies and high-technology service providers? Click on Reports for more
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What is the best template for oil companies such as ONGC to operate their subsidiaries? 8What should be the criteria for establishing a subsidiary 8Are there times when such subsidiaries are better off merged with the super major? 8What are the templates for delegation of authority and work? 8Did ONGC follow any of these templates for its subsidiaries? Find out more here click on Report .
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Primary energy consumption growth averaged 2.2% in 2017, up from 1.2% last year and the fastest since 2013. This compares with the 10-year average of 1.7% per year. 8This has had concomitant side effects. 8And surprisingly, it was not renewable energy consumption that was grew the most, it was gas, followed by renewables and then oil. 8Energy consumption rose by 3.1% in China. China was the largest growth market for energy for the 17th consecutive year. 8Natural gas consumption rose by 96 billion cubic metres (bcm), or 3%, the fastest since 2010. 8Coal consumption increased by 25 million tonnes of oil equivalent (mtoe), or 1%, the first growth since 2013. Consumption growth was driven largely by India (18 mtoe), with 8China consumption also up slightly (4 Mtoe) following three successive annual declines during 2014-2016. Click on Reports for more Details
For reference purposes the website carries here the following tenders: 8Procurement of Gate Valves for PHPL Project Details 8Supply of Compressor Spares for refineryDetails 8Procurement of Flow Control ValvesDetails 8Rate contract for Carry out Non destructive testing of Tanks and Pipelines Details 8Conducting Base Line Survey in 58 villagesDetails 8Supply of Complete Heat Exchangers in refineryDetails 8Supply of Citric Acid at refinery Details 8Supply of Complete Tube Bundle Assembly for refinery Details 8Supply of Blowdown Valves for refinery Details 8Supply of Weight Correction Units and Upgradation of Check Scale of Carousels at various LPG PlantsDetails 8Procurement of OM&S Mass Flow metersDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Britain to invest $218 million in low-carbon research, innovation Details 8Putin to meet Saudi crown prince, energy minister later on Thursday - Kremlin Details 8Petrol, diesel prices remain unchanged for second consecutive day Details 8Diversified Gas to buy U.S. oil, gas assets for about $575 mln Details 8Oil above tolerance threshold, end Asian Premium: India to OPEC Details 8No signs of oil shortage after drop in spending -BP CFO Details 8RInfra, Adani may close Reliance Energy Mumbai sale by July Details 8Oil holds a narrow range as OPEC meeting loomsDetails 8India may seek exemptions from US to buy Iranian crude oilDetails 8European Union energy chief sees Ukraine, Russia gas talks in early July Details 8Croatia's parliament gives go ahead for EU-backed LNG terminal Details 8Attack shuts major Libyan oil ports, slashing production Details 8Petrol prices cut by 8 paise per liter, no change in diesel rates Details 8CNG cabs to hit Bengaluru roads this month-end Details 8Piped gas to home: Pipes unloaded in Patna Details 8Oil Minister Dharmendra Pradhan asks OPEC to price oil responsibly Details 8Scan on ONGC job norms Details 8Amid rising prices, India gives OPEC a sharp message Details 8It’s not just the CAD, even the BoP looks shaky Details 8HPCL, Oil India to set up joint venture for city gas distribution Details 8Petrol, diesel prices hit pause button Details 8India may seek exemptions from US to buy Iranian Oil Details 8Petrol prices reduced by 8 paise, diesel remains unchanged Details 8Global crude oil demand growth is now hostage to China, India: Russell Details 8Oil price above tolerance threshold, end Asian Premium: India to OPEC Details You can also click on Newsclips for moreDetails
8Project Name: Drilling Field Development 8Project Cost: Rs 400 + crore. 8Project Description New: Owner's RFQs for hiring of drilling services and an EPC contractor for production installations and a pipeline network have been delayed. The reason being a few changes in the financial and technical details. The project involves drilling of 60 wells, construction of a number of production installations and laying of infield pipelines. The wells will be drilled using third-party rigs. The equipment required for the project will be Drill Casing, Casing Pipes, Xmas Trees, Blow Out Preventer. An EIA Consultant for the project has already been hired. Further RFQs are expected shortly. 8Project Event New: RFQs for hiring services for rigs and equipment are expected by September 2018. RFQs for hiring EPC contractor for production installation and the pipeline network are expected by October 2018. 8Expenditure Approval: Q3/2016 8RFQ Date: Sep/2018. 8Release Date: Nov/2018. 8Date: Oct/2019 8Completion Date: Oct/2022 Click here for more detailsDetails
8Project Name: Effluent Treatment Plants 8Project Event: RFQs for hiring Operation & Maintenance services coming up 8Expenditure Approval: Q3/2016 8RFQ Date: Q2/2019 8Release Date: Q2/2019 8Start Date: Q4/2017 8Completion Date: Q4/2019 Click here for more details 8Project Name: GCS Development 8Project Cost: Rs 15 crore 8Project Description: The Promoter is planning to construct a Gas Collecting Station (GCS). The Block covers an area of 12.20 sq.km. The Promoter has drilled 04 new wells which established the immense potential of Deccan Trap and Olpad formation. Promoter will hire an EPC Contractor for the construction of GCS facility. Further RFQs are expected shortly 8Project Event: RFQ for the hiring of an EPC contractor is expected by Q4:2018. 8Expenditure Approval: Q1/2018 8RFQ Date: Q4/2018 8Release Date: Q4/2018 8Start Date: Jan/2020 8Completion Date: Dec/2020 Click here for more detailsDetails
8Project Name: Oil Field Development 8Project Cost: Rs 200 crore 8Project Description: The Promoter is planning exploratory drilling of 06 wells in a forest area. The shelf is very much prospective in hydrocarbon exploration point of view. As most of the prospective areas are lying in the notified forest areas, prior forest clearance needs to be acquired. The application for forest clearance has been already applied. Promoter owned electrical type rigs are proposed to be deployed for undertaking drilling in the block. The project requirement will be Drill Pipes, Drill Collars, Drill Bits, Casing Pipes, Blow Out Preventer (BOP), Cementing services and Drilling fluids services. Further RFQs are expected shortly. 8Project Event: RFQ for the hiring of equipment and oilfield chemicals are expected by Q4:2018. 8Expenditure Approval: Q1/2018 8RFQ Date: Q4/2018 8Release Date: Q4/2018 8Start Date: June/2020 8Completion Date: Dec/2021 Click here for more detailsDetails
New companies are now entering the Indian gas dehydration and compression market 8This one already has a presence in the market and it has been expanded its services to Africa 8And now it claims it wants to be a "disrupter" in the Indian market Click on Details for moreDetails
8Project Name: Greenfield Natural Gas Pipeline Project 8Project Cost: Rs 2000 crore 8Project Description: A private E&P company is laying the pipeline. Equipment to be required are: Centrifugal compressor/Pump, Main line pipes, Welding machines, excavators, Bulldozers, Dozers, Scrappers, Paver, Pumps, Generators, Compressors, Jack Hammers, Pile drivers, Pumps/Compressors, Buried Pipelines, Isolation Valves (Manually, Remotely, Automatically Operated), Relief Valves (Thermal or other types), Pipe bridges or other supports, Cased Sleeves under roadsways or rail lines, Control Systems, Leak detection System, Pig launcher and receivers, Motors, Transformers, Bulldozer, Dump Truck, Hydro excavator, Mechanic Truck, Pavement Saw, Forklift, Crane, Control Valves, Filters. 8Project Event: RFQ for Surveying work is expected by August 2018. 8Expenditure Approval: Q3:2018 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Q1:2019 8Completion Date: Q2:2021 Click here for more detailsDetails
8Project Name: Greenfield breakwater facility 8Project Cost: Rs 700 crore 8Project Event: RFQ for PMC contractor is expected by August instead of June 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Q4:2018 8Completion Date: Q4:2019 Click here for more details for key contacts and project parametersDetails
Ammonia-Urea Brownfield Project 8Cost - Rs 6000 Crore 8Project Event: The purchase of major equipment and services is ongoing and Construction is likely to be released in August 2018. Click here for more information Ammonium Phosphate Greenfield Project 8Cost - Rs 500 Crore 8Project Event: The project is on hold due to lack of fund and likely to be activated in Q1 2019. Click here for more informationDetails
8Project Name: Thermal Power Greenfield Project 8Project Cost: 10000 crores 8Project Description: The EPC contractor is going on with piling and foundation activities in the 1980 MW greenfield super-critical thermal power plant. Further bids are expected soon. 8Project Event: RFQs for raw water system package are expected by the Q3 2018, instead of May 2018. RFQs for Stacker-Reclaimer machine are expected by the Q3 2018. 8Expenditure Approval: Q4:2015 8RFQ Date: Q3:2018 8Release Date: Q3:2018 8Start Date: Q2:2018 8Completion Date: Q3:2022 Click here for more information 8Project Name: Thermal Power Station Maintenance Project 8Project Cost: 10 crores 8Project Description: A joint venture company has planned a 35-day scheduled annual overhaul in the 3000 MW thermal power complex. The mandatory job includes acid cleaning of boiler, water tubes, boiler drum, dearator, checking and replacement of pressure parts of boiler, inspection of wind box supports and its expansion joints, journal bearing and thrust bearing of turbine, replacement of pipes, among others. A Notice Inviting Tender is under preparation. 8Project Event:RFQs for overhaul of required equipment are expected by August 2018. Click here for more information 8Project Name: Thermal Power Station - FGD addition 8Project Cost: 730 crores 8Project Description: The owner is planning to install flue gas desulphurization unit (FGD) in 2500 MW thermal power station.Tenders for consultancy services is expected to float out soon. 8Project Event:RFQ for consultancy services for the preparation of feasibility report is expected by September 2018. 8Expenditure Approval: Q1:2017 8RFQ Date:Sep/2018 8Release Date:Sep/2018 8Start Date:Q3:2020 8Completion Date:Q4:2022 Click here for more informationDetails
The biggest challenge for ONGC chairman Shashi Shankar is to to be able to keep his focus on containing both cost and time escalation in the KG-DWN-98/2 block to a point where positive returns are possible. 8The KG-DWN-98/2 block can turn out to become a technological and economic nightmare if not handled well. 8The breakeven levels look good at this point in time on account of high prevailing price of gas, but the gas markets are volatile, and are subject to vagaries of global demand-supply pressures, and it will be unwise to hope that they will go above the levels at which hurdle rates were calculated for the project. 8Quickly folding up the negotiations leading up to contracting for the project is the real challenge as of now before equipment and service prices go up, buoyed by the recent uptick in offshore E&P investments 8The window of opportunity is narrow and Shankar will have to use all the skills and experience at his disposal to make this work. Or history can be cruelly unforgiving.
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Early indications that the commissioning of ONGC's KG-DWN-98/2 block is going to be delayed until 2021 will require close scrutiny. For ONGC, it is a massive $5 billion investment and any delay will hurt the company badly. In this context, The entire decision making chain, going right down to the controversial choice of consultants and the design format for the block may need a thorough relook. 8At a point before an investment decision was taken, ONGC had spurned an offer by the RIL-BP combine for joint development of the KG Basin discoveries. On hindsight, would it have made more sense for the public sector giant to take it up? 8For both RIL-BP and ONGC, the KG Basin represents foraging into rough weather and treacherous geology. And RIL-BP more than ONGC had both the experience and extra infrastructure available for a collaborative development programme. 8Could such a model been better than ONGC going it alone? 8For the collaboration model to succeed, all three blocks -- RIL's KG D-6, GSPC's KG-OSN-2001/3 and ONGC's KG-DWN-98/2 -- and some other discoveries around them -- particularly by ONGC -- would have had to be developed holistically rather than as a piecemeal exercise. 8ONGC in fact had conducted two studies around this model. One was a report by Aker that said that ONGC can save a large amount of money by using RIL's infrastructure built for the KG D-6 block. The report said that RIL's Deep Water Pipeline End Manifold (DWPLEM) along with other attendant manifolds as well as the Umbilical Distribution Hub were located a few kilometers away from ONGC's proposed KG DWN-98/2wells and they had the spare capacity for necessary tie-ins. What was more, RIL's Control Riser Platform (CRP) too has a spare capacity for sub-sea infrastructure. 8There was an attempt around that time to rethink the proposal to go it alone and the argument was rather strong that ONGC could avoid a duplication of infrastructure. 8The other report was by Blade Energy, which had done work earlier on the Deendayal field, to develop an all-encompassing and consistent strategy for appraisal and exploitation of all the cretaceous-synrift and tight gas plays in its blocks in the immediate vicinity of the GSPC block,. Blade estimated in-place volume of a massive 23 TCF of gas. Blade's findings were that the geology of these blocks -- in cretaceous-synrift and high pressure-high temperature settings -- was akin to that of the GSPC block and there was a recognition the exploitation of such blocks would require a different approach from conventional play. Unless the best technology was used and resources were expended economically, it would be difficult to make money from these blocks, the report had concluded. 8In this context, a joint undertaking, involving RIL-BP and ONGC was strongly suggested and this line of argument was pursued for a reasonable period of time before it was nixed.
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The Gulf of Mexico (GOM) provides an example of how collaboration and joint effort between operators can provide for optimal results. 8Over the last ten years, operators in the GOM realized the importance of access to infrastructure and collaboration with each other to fully utilize the existing or upcoming infrastructure. As a result, the hub concept, which is several fields jointly developed with a central production infrastructure to process hydrocarbon product from tie-in fields, has been introduced and gradually adapted by major operators. 8The “Hub concept” creates a central production platform as a “Host” to process and handle production from adjacent multiple fields. 8Independence Hub, located on Mississippi Canyon Block 920 in a water depth of 8,000 feet, is the result of a team effort of five E&P companies and one midstream energy company coming together to facilitate the development of multiple ultra-deepwater natural gas and condensate discoveries. 8Recently, in response to a lower commodity price environment, many of the large GOM operators have been revisiting development options and scenarios. 8The near-term focus is on leveraging existing production infrastructure to develop discovered resources through lower cost subsea tieback developments.
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If collaborative models are followed in the Gulf of Mexico, could the same concept been applied in the deepwater blocks in the KG basin? 8Operating costs of a deepwater project consist of gathering, processing, transportation, and water disposal and fixed well or lease operating costs. 8In this context, on hindsight, no explanation would be enough to justify building a separate infrastructure for ONGC's KG-DWN-98/2 block when massive capacity redundancy was available in the backbone built by RIL's in its D-6 block. 8An argument was brought in that the geological characteristics and well fluid parameters in the two blocks were different and therefore common infrastructure could not be used. 8But this is a specious argument and should be subjected to rigorous scrutiny.
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Nothing highlights more the messy planning and decision making process in ONGC than the manner in which it went around converting the company-owned Sagar Samrat rig into a Mobile Offshore Production Unit. 8The original completion date was May, 2013 and it is not known yet when the vessel will sail out of a UAE yard, where it is being converted, into ONGC waters on the Indian coast 8The latest date is November, 2018 8For ONGC, it is easy to blame the contractors, in this case a small Indian outfit called Mercator Offshore and UAE based Gulf Piping Company 8But the big part of the blame for the delay must be squarely on ONGC and its design and planning teams and this website explains why 8Should there then be a full investigation into the run up to the award of the contract and the series of wrong turns that the contract subsequently took? Click on Details for more Details
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For reference purposes the website carries here the following tenders: 8Supply, Installation & Commissioning of Central Mud Plant Facility for Drilling Services Details 8Procurement of 300 MT of Caustic Soda LyeDetails 8Portable Combustible Gas, Oxygen, Hydrogen Sulphide, Carbon Monoxide Gas Detector with digital indications and alarms and in-built suction pump for samplingDetails 8Supply of Chemicals through Chemical ARC for the year 2018-19 Details 8ARC of Transmitters for refineryDetails 8Testing of crude oil received at West CoastDetails 8Supply of Compressor Valve and Spares at refinery Details 8Supply of Vessels in refinery Details 8Mechanical hot and cold jobs comprising maintenance of Heat Exchangers and other miscellaneous jobs at refinery Details 8Providing Corrosion Protection by injection of corrosion inhibitorDetails 8Supply of Ultrasound Diagonstic Device at refinery Details 8Transportation of Pressure Vessels Details 8Procurement of Mechanical Seal Spares in refinery Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8China to ban new steel, coke and aluminium capacity in some areas Details 8Petrol, diesel prices remain unchanged on Wednesday after 14 day decline Details 8Russia to propose oil exporters raise output in line with quotas: Ifax Details 8Russia's Putin to meet Saudi Crown Prince Salman, discuss oil deal -Kremlin Details 8Fitch ups India's GDP growth forecast to 7.4 per cent for 2018-19 Details 8India discusses 'Oil Buyers Club' with China; seeks US crude to counter OPEC Details 8Fuel prices push annual US consumer inflation to six-year high in May Details 8Oil shortage or surplus? Floating storage swamps EuropeDetails 8U.S. EPA chief hints he could order more ethanol blending in fuelDetails 8California-based Fuel cell start-up Bloom Energy Corp files for IPO Details 8First natural gas arrives in Turkey through pipeline from Azerbaijan Details 8Fuel efficiency norms to be tightened as govt seeks to push automakers to make more electric vehicles Details 8Gujarat to become 1st State with 100% piped gas network in India Details 8PetroChina adds new gas wells at top field Details 8India, China in talks to form bloc against Opec Details 8Total says farmer blockade ending, 145 petrol stations ran dry Details 8Venezuela eyes first-ever refining of foreign crude oil -documents Details 8Ford says fuel cell venture with Daimler will close Details 8Green CNG cabs to hit Bengaluru roads this month Details 8Crude oil prices fall as US crude production hits another record Details 8Price hike prompts KSRTC to focus on fuel efficiency Details 8Natural gas imports, aircraft buys will help reduce trade deficit with US, says Suresh Prabhu Details 8A new report predicts more stable oil prices for the rest of 2018 Details 8Coal comeback spurs new carbon emissions growth, says BP Details 8Aramco eyes partnerships Details 8India, China discuss ‘Oil Buyers Club’ Details 8Oil prices fall as U.S. crude production hits another record Details 8Higher trade deficit widens India's 2017-18 CAD Details You can also click on Newsclips for moreDetails
8Project Name: Oil Field Development 8Project Cost: Rs 300 crore. 8Project Description New: Owner's start-up date for development of the oil field in Tamil Nadu has now been slated for 2020. 8Project Event New: RFQs for the hiring of EIA Consultant is expected by Q1 2019. RFQs for the hiring of Rigs and other oilfield services are expected by Q1 2019. 8Expenditure Approval: Q2/2018 8RFQ Date: Q1/2019. 8Release Date: Q1/2019. 8Date: Q1/2020 8Completion Date: Q4/2022 Click here for more details 8Project Name: Drilling Site Development 8Project Cost: Rs 250 crore 8Project Description: The private players RFQs for hiring a PMC contractor for the development of an oil field are expected to be out soon. The RFQs were delayed previously on account of some internal issues from the company's end. 8Project Event: RFQs for hiring a PMC Contractor for the project is expected by September 2018. RFQs for hiring an EIA Consultant for the project is expected by December 2018. 8Expenditure Approval: Q2/2018 8RFQ Date: Sep/2018 8Release Date: Nov/2018 8Start Date: Q1/2020 8Completion Date: Q4/2022 Click here for more details 8Project Name: Oil Field Development 8Project Cost: Rs 2000 crore 8Project Description: The Promoter is planning exploration, development, and production in five onshore PML blocks. The project involves drilling of 36 wells (26 exploratory & 10 development) and laying down of an infield pipeline network to connect the wells to the nearest GCS facility. The planned depths range from 2500-4000m for exploratory wells and 2500m for development wells. The drilling rig required for the project will be hired on EPC basis. The equipment required for the project will be Drill Pipes, Casing Pipes, Xmas Trees, Blow Out Preventer, Cementing services and Drilling fluid services. An EIA consultant for the project has been already hired. Further RFQs are expected shortly. 8Project Event: RFQ for the hiring of equipment and oilfield chemicals is expected by Q4:2018. RFQ for the hiring of an EPC Contractor for drilling services is expected by Q4:2018. 8Expenditure Approval: Q4/2017 8RFQ Date: Q4/2018 8Release Date: Q4/2018 8Start Date: Apr/2020 8Completion Date: Dec/2022 Click here for more detailsDetails
8Project Name: Refinery Greenfield BS-VI Project 8Project Cost: Rs 3500 crore 8Project Event: RFQ for the piping work in the DHSD unit is expected by July 2018. RFQ for the erection and installation work in the DHDS unit is expected by August 2018. RFQ for the tankage and cooling tower jobs is expected by September 2018. 8Expenditure Approval: Q1:2016 8RFQ Date: July/2018 8Release Date: Aug/2018 8Start Date: May/2017 8Completion Date: Q2:2020 Click here for more details 8Project Name: Refinery Debottlenecking Project 8Project Cost: Rs 2500 crore 8Project Event: RFQ for commissioning and pre-commissioning work is expected by August 2018. 8Expenditure Approval: Q4:2016 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Q2:2017 8Completion Date: Q4:2018 Click here for more details 8Project Name: Another Refinery BS-VI Greenfield Project 8Project Cost: Rs 550 crore 8Requirement: Major short lead equipment are: flanges, valves, strippers, reformer tubes, foot valves, auto recirculation valve, amine cartridge filters, torque wrenches, level switches, thermocouples, thermowells, antifriction bearing, spray nozzle, columns, heat tracing system, tube inserts, bolt tensioners, filters, desalters, scrubbers, strippers, separators, reactors. 8Project Event: RFQ for the short lead items is expected by August instead of July 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Q2:2018 8Completion Date: Q1:2021 Click here for more detailsDetails
8Project Name: Hydroelectric Power Greenfield Project 8Project Cost: 4500 crores 8Project Description: Owner will come out with a bid for 400 MW Greenfield hydroelectric Power project of consultancy services for catchment area treatment (CAT) plan soon. 8Project Event: RFQs for consultancy services for catchment area treatment (CAT) plan are expected by Q3 2018. 8Expenditure Approval: 2017 8RFQ Date: Q3:2018 8Release Date: Q3:2018 8Start Date: Q2:2020 8Completion Date: Q3:2025 Click here for more information 8Project Name: Thermal Power Station - Dismantling Project 8Project Cost: 100 crores 8Project Description: Promoter is planning to retire and dismantle the Units in the 500 MW thermal power station. Further RFQs are expected soon. 8Project Event:RFQs for dismantling services are expected by the Q1 2019. 8Expenditure Approval: Q3:2018 8RFQ Date: Q1:2019 8Release Date: Q1:2019 8Start Date: Q3:2019 8Completion Date: Q1:2020 Click here for more informationDetails
8Saudi Aramco has set up an office in India. Does it qualify as a Permanent Establishment? If so, this will have significant importance. Click on Report for more. 8Find out more on this New Delhi based firm which has developed a vast range of expertise in a suite of software that supports the analysis, design, fabrication, and installation of offshore structures, including oil, gas, and wind farm platforms and topsides. Click on Report for more. 8When ONGC decided to link two existing oil platforms with a 300 meter bridge, there was this one company which made the complex electrical connection without interrupting power for platform operations. Find out how this was done. Click on Report for more. 8If you looking at valuing your plant and machinery, a must for investment analysis, mergers and acquisitions, refinancing and insurance, which is the outfit in India that you should actually turn to? Find out here click on Report. 8BHEL is looking for channel partners for its rooftop solar business. Click on Report for more. 8If you are an investor, find out the compelling arguments why you should be a city gas distributor. Click on Report for more. 8Based on current trends, metals and foods consumption growth could slow by one-third over the next decade. How can businesses cope? Click on Report for more. 8Know more about this mobile application for meter readers that also carries out an audit of collected reading while also generating various MIS/reports. Click on Report for more. 8Get a global report on maritime piracy here. Some areas are going to be vulnerable, the report alerts. Click on Report for more. 8Global oil demand continues to grow, according to latest indications, meaning that downward pressure on prices will have to come through the higher production route. Click on Report for more. 8In May, the dirty tanker market showed some positive developments with spot freight rates mostly gaining across number of routes compared with the previous month. On average, dirty tanker freight rates rose by 18% m-o-m while average clean spot freight rates remained flat. Click on Report for more. 8Marketing margins for public sector oil marketing companies are expected to remain weak. A gross margin of Rs 2.5/liter for petrol and diesel is expected. Find out more click on Report.
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Word has now come in that the commissioning date for the KG-DWN-98/2 has been deferred 8The new commissioning date is now August 2021 8The company could not manage the stick to its deadline 8Slow tendering progress is the main reason for the delay Click on Details for more
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For gas producers in India, it is important to keep track of all global dialogues on gas as a sustainable fuel because of their possible impact on business 8In most cases, companies building multibillion-dollar fossil gas infrastructure today expect to operate these assets for 30 years or more. 8The argument made that gas is a bridge fuel till the time the world eventually decarbonates is sought to be increasingly debunked by the increasingly assertive pro renewable energy lobby 8While methane gas leakage is used as the main argument against the use of gas, the argument now goes beyond that point to indicate that even in the hypothetical case of zero methane leakage, fossil gas cannot be a bridge fuel. Find out more click on Report .
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Here are some quick facts that the alternate line of argument seems to be throwing up: 8How Much Room for New Gas? Climate goals require the power sector to be decarbonized by mid-century. This means fossil gas use must be phased out, not increased 8Is New Gas Holding Back Renewable Energy? Wind and solar are now cheaper than coal and gas in many regions. This means new fossil gas capacity often displaces new wind and solar rather than old coal. 8The Wrong Gas at the Wrong Time: Claims that fossil gas supports renewable energy development are false. The cheapest gas generation technology, Combined Cycle Gas Turbines (CCGT), is designed for base load operation, not intermittent peaking. Regardless, most grids are far from renewable energy penetration levels that would require back up. In many regions, storage and demand response technologies will be ready to step in by the time they are required. 8New Gas Locks in Emissions for 30+ Years: Companies building multibillion-dollar fossil gas infrastructure today expect to operate their assets for around 30 years. Emissions goals mean this expectation cannot be met. 8Too Much Gas Already: The coal, oil, and fossil gas in the world’s currently producing and under-construction projects, if fully extracted and burned, would take the world far beyond safe climate limits. Opening new fossil gas fields is inconsistent with the Paris climate goals. Click on Reports for more
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It looks like the Schlumberger-led Simultaneous Water Alternative Gas treatment in the Heera Field has not yielded significant gains 8The Pilot project was initiated by ONGC 8A new generation simulation tool was used but it seems like it did not quite deliver 8Further studies planned. 8For other service providers, this is the time to step in, perhaps? Click on Details for more
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The market for 5M and 10M Well Heads and X-Max Trees and associated spares for ONGC has been cornered by just one company 8The total order was for a massive Rs 600 crore 8The deal is for supply of these well heads for a period of three years. Click on Details for more
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For reference purposes the website carries here the following tenders: 8Pre-Qualification of Vendors for providing Tubing Torque Services required for wells in JV block KG-OSN-2001/3 Details 8Supply of High Pressure Reactor System in refineryDetails 8Supply of Methyl Di-Ethanol Amine in refineryDetails 8Carrying out Calibration of Tanks at refinery Details 8Road Transportation of Bulk Petroleum ProductsDetails 8Providing services for Oily Sludge Processing at refineryDetails 8Supply of Vessels in refinery Details 8Supply of Control Valves in refinery Details 8Supply of Spares for CDSP Coke Cutting System Details 8Procurement of Nitrogen Filled Storage Container for Spare Tube Bundles of Heat ExchangersDetails 8Transportation of Packed LPG EX Salem Details 8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Karur Details 8Transportation of Packed LPG Ex TrichyDetails 8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex VN Kottai TOP Trichy TOP Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India’s push to become a gas-based economy Details 8Qatar's Nakilat, Excelerate sign deal on JV, FSRU stakeDetails 8OPEC cautious on oil outlook despite end of global glut Details 8Iran to issue bonds for investment in oil sector in coming months- IRNA Details 8Retail inflation hits 4 month high of 4.87 per cent in May on costlier fuel Details 8Modi govt to extend gas connections under Ujjwala to all Most Backward Castes, SCs and STs Details 8Videocon Industries blames PM Modi, Supreme Court & Brazil for bad debt pile Details 8Fuel price hike: Transporters protest against rising petrol, diesel prices in Maha Details 8Haryana CM approves e-auction for allotting petrol pumps, CNG sitesDetails 8Sinopec Tianjin refinery on track to produce 120,000 T ethanol gasoline a month Details 8Australia's AGL Energy signs agreements for gas import jetty Details 8Oil prices rise with global markets as Trump hails positive meeting with Kim Details 8OPINION: One year of GST - From challenges to solutions Details 8Exxon Mobil breaks with past, bulks up energy trading to boost profit Details 8India slips to bottom on global environment performance index 2018 Details 8Rising oil prices, accelerating growth prompted RBI to hike rates: Uday Kotak Details 8Liquor and fuel should not come under GST: Telangana Finance Minister Details 8Govt wants to ease process of purchasing ethanol: Pradhan Details 8Indian oil imports from Iran surge to highest since 2016 Details 8Competition Comm orders detailed probe against ONGC Details 8RIL completes acquisition of 73 per cent stake in AI firm Embibe Details 8May the fuel be with you: India's petrol, diesel demand rise to record highs in last month Details 8India to witness strong growth despite global challenges: CII President Details 8Going on a hike Details 8Discovered Small Field second round delayed by two months Details You can also click on Newsclips for moreDetails
ONGC has decided to change the quality assurance mechanism for Well Heads and X-Mas trees 8A new approach is being tried out 8Find out why third party inspection agencies will not longer be working on the job Click on Details for more
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ONGC will soon place development orders for Well Heads and X-Mass trees, according to well placed sources 8What is more, the company will soon explore competitive bids as well for such items 8Find out how the company will go about doing that 8If you are interested in such orders, who should you get in touch with? Click on Details for more
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8Project Name: Co-generation project in an oil & gas facility 8Project Cost: Rs 300 crore. 8Project Description New: The owner along with its consulant is setting up a Cogeneration Unit and an Enhanced Reactive Thermal Oxidizer (ERTO) within the existing complex. 8Project Event New: Further RFQs are coming up 8Expenditure Approval: Q3/2016 8RFQ Date: Sep/2018. 8Release Date: Oct/2018. 8Date: Feb/2020 8Completion Date: Dec/2021 Click here for more details 8Project Name: Early Production System 8Project Cost: Rs 5 crore 8Project Event: RFQ for the hiring EPC contractor is expected by September 2018 instead of July 2018. 8Expenditure Approval: Q4/2016 8RFQ Date: Sep/2018 8Release Date: Nov/2018 8Start Date: Q1/2019 8Completion Date: Q4/2019 Click here for more details 8Project Name: Oil Field Development 8Project Cost: Rs 1000 crore 8Project Description: The owner is planning commercial exploitation of a CBM Block. The project involves Drilling of 60 core holes and two test wells during Phase I and Drilling of 40 test wells including two test wells drilled earlier in Phase IIA. The Drilling Rigs required for this project will be hired on EPC basis. The equipment required for the project includes Hydro Fracturing services, CBM Well completion, Artificial Lifting, Cementing Services and Mud Engineering Services. 8Project Event: RFQ for the hiring of equipment is expected by Q4:2018. RFQ for the hiring of Drilling Services is expected by Q4:2018. 8Expenditure Approval: Q3/2011 8RFQ Date: Q4/2018 8Release Date: Q4/2018 8Start Date: Feb/2020 8Completion Date: Dec/2022 Click here for more detailsDetails
8Project Name: Refinery Greenfield Captive Power Project 8Project Cost: Rs 1100 crore 8Project Event: RFQ for land leveling and grading activities are expected in August 2018. RFQ for material transportation and handling to the site are expected by October 2018. 8Expenditure Approval: Q4:2016 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Q4:2018 8Completion Date: Q4:2020 Click here for more details 8Project Name: Refinery BS-VI Up-gradation Project 8Project Cost: Rs 1800 crore 8Project Event: RFQ for the Electrical and instrumentation work is expected by September 2018. 8Expenditure Approval: Q2:2016 8RFQ Date: Sep/2018 8Release Date: Oct/2018 8Start Date: Q2:2018 8Completion Date: Q2:2020 Click here for more details 8Planned Refinery Shutdown 8Owner is planning to float a short term maintenance contract for overhauling and testing of control and shutdown valves at the time of its planned maintenance shutdown in its Barauni refinery for the tenure of two years. Click on Details for key contactsDetails
Ammonium Nitrate Greenfield Project 8Cost - Rs 1750 Crore 8Project Event: RFQ for the EPC contractor is likely to be released in July 2018. Click here for more information Single Super Phosphate Expansion Project 8Cost - Rs 35 Crore 8Project Event: Tender for Contractor is likely to be released in July in place of June 2018. Click here for more informationDetails
8Project Name: Combined Cycle Power Plant - Maintenance Contractor Project 8Project Cost: 6 crores 8Project Description: Owner is planning to come out with a bid for electrical maintenance contract of the 400 MW combined cycle gas power plant. 8Project Event: RFQs for biennial electrical maintenance contract are expected by the end of June 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: 25/Jun/2018 8Release Date: 28/Jun/2018 8Start Date: Q4:2018 8Completion Date: Q4:2020 Click here for more information 8Project Name: Hydro Power Station Maintenance Project 8Project Cost: 4 crores 8Project Description: Owner has planned a 25-day scheduled maintenance in the 500 MW Hydroelectric Station covering annual inspection and overhaul of equipment which includes overhauling and checking of auxiliary parts of the turbine-generator set, bearing sets, sensors and seals. The mandatory job includes replacement of the turbine bearings, gland seals, change of worn out bushes of guide vanes journals, among others. 8Project Event:RFQs for required equipment are expected by the October 2018. Click here for more information 8Project Name: Thermal Power Station - FGD Addition 8Project Cost: 825 crores 8Project Description: The owner's plan to install flue gas desulphurization (FGD) unit in the 2400 MW thermal power station has been delayed due to financial crunch. Further bids are expected soon. 8Project Event:RFQ for consultancy services for the site survey and preparation of the feasibility report is expected by Q4 2018. 8Expenditure Approval: Q2:2017 8RFQ Date:Q4:2018 8Release Date:Q4:2018 8Start Date:Q1:2020 8Completion Date: Q3:2022 Click here for more informationDetails
For reference purposes the website carries here the following tenders: 8Supply of Fresh Catalyst for Petro FCC Unit in refinery Details 8Supply of Surface Area AnalyzerDetails 8Supply of Chloride Guard Adsorbent for CCR Unit at refineryDetails 8Engagement of Consultant for preparation of Feasibility Report Details 8Providing Management, Operations and maintenance services at JettyDetails 8Procurement of Granular Activated Carbon for GPU Gas Sweetening UnitDetails 8Hiring of Services for Well Design and Engineering for one number Exploratory Drilling Location Details 8Procurement of Hydraulic Winch with Skid Frame in refinery Details 8Carrying out Miscellaneous Civil Works during Rig Building Drilling Time Details 8Procurement of Ammonium Bifluoride for MH and B&S Asset Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Once cash rich, India's demands erode 90% of ONGC's warchest Details 8EXCLUSIVE: Nayara Energy begins cutting Iran oil imports - sources Details 8Sonatrach signs gas exploration deal with Total, Repsol Details 8Former Essar energy internal auditor moves to private practice Details 8India May inflation likely to hit 4-month high on oil price surge Details 8Fuel price hike - Petrol, diesel prices will drop instantly if brought under GST: Chidambaram Details 8Israel's Delek Drilling seeks shareholder approval for Egypt pipeline investment Details 8French regulator recommends 8.1 percent increase in gas tariffsDetails 8Fuel price hike: Fall in petrol prices past fortnight less than half the rate of rise earlierDetails 8Global LNG trade grows 10 pct in 2017 as U.S., Australia boost exports Details 8Cash-rich Reliance looks to raise $3 billion as $13 billion debt matures Details 8Nearly two dozen UP cities to get piped gas at home: Dharmendra Pradhan Details 8Fuel price hike: Sharad Yadav rides a bullock cart in Patna in protest Details 8India's petrol, diesel demand rises to record highs in May Details 8Crude oil prices steady as Trump, Kim launch summit in Singapore Details 8Nigerian crude oil exports to fall to 2018 low in July Details 8India's fuel demand rises 3.8% in May Details 8Total signs deal to extend TFT gas field license in Algeria Details 8Iraq says oil producers should not be influenced by calls to boost output Details 8Albania's Albgaz and Italy's Snam sign gas pipelines joint venture deal Details You can also click on Newsclips for moreDetails
8An indigenous bio-friendly oil well drilling fuel is now under pilot testing in India. Click on Reports for more 8How prepared is India for the looming electric vehicle revolution? Find all the information here 8E&P companies are now increasingly looking at multiple block engineering solutions rather going project specific. There are several advantages to this model. Click on Reports for more Details
Fresh scientific inputs are now being injected into plastic waste management in India 8Best practices are sought to be adopted 8The use of biodegradable plastics is another area of intense research. Upscaling and commercialization of these products are being attempted 8Find out how recycling can be better incentivized 8Decentralized models are being explored Click on Reports for more
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Out website is completing an exercise of mapping all of India's E&P properties under the following parameters 8Block name, licensing round, validity period 8Field dimension, field type, drilling type, coordinates, maps 8Rig details, operator, owner, type, maximum depth, day rate 8Well name, type, target depth, actual depth, coordinates, maps 8Gathering stations, Capacity, Processing Type, Annual Production 8On this static database, we are in the process of super imposing out business dynamics software, providing you an integrated view. 8We have already done this exercise for our midstream and downstream databases, where unit level data is now available 8In our power database, we already have power generation unit wise matrices. Get in touch with our marketing division for more information
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We are now a one-stop shop for the Indian oil & gas industry 8Present business development opportunities are captured in our tender database 8But it is actually the future is what we are more interested. The question that is uppermost in our mind is where and when is the future opportunity getting generated? 8Get an equipment and service-wise requirement analysis into all future opportunities, going up to the next three years. As of now, we have a 95% coverage of all opportunities ahead. 8There is always a rush when a tender is actually published. Our databases will allow you to plan much better. Key contacts help you build long lasting relationships. 8Eventually, the idea is to provide you with tools that will enable you to be far better prepared than your competitor in encashing on the opportunities ahead Get in touch with our marketing people for more
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Is there an equipment or a service you want to sell? 8We will tell you where your business opportunities will lie, in the next few months, within the next one year, or over a longer time horizon 8Our teams of mechanical engineers are constantly scouting for future projects and once an opportunity presents itself, they will strip it down to its bare essentials 8In the process, we can generate single equipment requirement in a future project 8Add this up over all future projects, juxtapose this information on our unique static database, and you can generate dozens of pages of detailed information. What is more, going ahead, this data will be continuously updated. 8It is virtual play of data, rich and fully validated. 8No one has done this before the way are doing it in the oil & gas industry Get in touch with our marketing department to learn moreDetails
8Project Name: Oil Field Development 8Project Cost: Rs 100 crore. 8Project Description New: The owner's RFQ for Xmas Trees for exploratory drilling of 29 wells in 10 ML Blocks is already out. The locations are proposed to be drilled by company owned electrical type rigs. The equipment requirement coming up are casing pipes, drilling pipes, cementing services, drill bits, and other oilfield chemicals. Further RFQs are expected shortly. 8Project Event New: RFQs for the hiring of equipment are expected by September 2018. 8Expenditure Approval: Q2/2016 8RFQ Date: Sep/2018. 8Release Date: Oct/2018. 8Date: May/2019 8Completion Date: May/2021 Click here for more details 8Project Name: Drilling Field Development 8Project Cost: Rs 800 crore 8Project Description: The owner is planning the construction of a Central Processing Facility (CPF). The CPF capacity will be 520m3/day of oil and 0.89 MMSCMD of gas. Well fluids will be received in separate group headers and then dispatched to their respective oil and gas processing facilities. An EIA Consultant has already been hired for the project. The process of hiring an EPC contractor is expected to begin soon. 8Project Event: RFQs for hiring EPC contractor for the project is expected by September 2018. 8Expenditure Approval: Q2/2017 8RFQ Date: Sep/2018 8Release Date: Nov/2018 8Start Date: Jun/2019 8Completion Date: Dec/2020 Click here for more details 8Project Name: Oil Field Development 8Project Cost: Rs 400 crore 8Project Description: The Promoter is planning Development drilling of 07 wells and laying down of infield pipelines. The EIA consultant for the project has not been hired and is expected soon. The equipment required for this project includes Drilling Rigs, Drilling Pipes, Casing Pipes, Drill Bits, Directional Drilling services, Cementing services and Mud engineering services. Further RFQs are expected shortly. 8Project Event: RFQ for the hiring of an EIA consultant is expected by Aug:2018. RFQ for the hiring of Drilling services is expected by Q4:2018. RFQ for the hiring of equipment and oilfield chemicals is expected by Q4:2018. 8Expenditure Approval: Q4/2017 8RFQ Date: Q4/2018 8Release Date: Q4/2018 8Start Date: Apr/2020 8Completion Date: Dec/2022 Click here for more detailsDetails
The project has run into severe trouble after the exit of Swiber 8The problem is that the project seems to be have run aground on more than one front 8Clearly, the previously set completion date was impossible to adhere to 8When will the project now see completion remains a moot point Click on Details for moreDetails
8Project Name: Refinery Expansion Project 8Project Cost: Rs 27000 crore 8Project Event: RFQ for the Consultant for preparation of cost estimate for all unit is expected by July 2018. RFQ for the licensor selection of Motor Spirit block and VGO unit is expected by Mid of the July 2018. RFQ for the surveying work is expected by August 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Jul/2018 8Release Date: Aug/2018 8Start Date: Q1:2019 8Completion Date: Q2:2023 Click here for more details 8Project Name: Refinery DHDT Debottlenecking Project 8Project Cost: Rs 2000 crore 8Project Event: RFQ for the erection and installation work of DHDT unit is expected by July 2018. RFQs for Mechanical works of SRU, SWS 1&2 is expected by August 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Q1:2018 8Completion Date: Q1:2021 Click here for more details 8Project Name: Greenfield 2G Bio-Ethanol refinery 8Project Cost: Rs 650 crore 8Project Event: RFQ for the FEED work is expected by August instead of July 2018. 8Expenditure Approval: Q3/2017 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Q4/2018 8Completion Date: Q4/2021 Click here for moreDetails
Sulphate of Potash-Bromine and Captive Power Unit Expansion Project 8Cost - Rs 500 Crore 8Project Event: The basic engineering study is going and RFQ for the EPC contractor is likely to be released in July in place of June 2018 Click here for more information SSP-Sulphuric Acid & NPK Fertilizer Expansion Project 8Cost - Rs 75 Crore 8Project Event: RFQ for a contractor is likely to be released in August 2018. The public hearing is not started yet and presentation for environmental clearance by the company is ongoing. Click here for more informationDetails
8Project Name: Combined Cycle Gas Based Greenfield Project 8Project Cost:5500 crores 8Project Description: The owner along-with a consultant is planning the installation of a greenfield 1050 MW (2x525 MW) gas based combined cycle power plan. Owner has dropped the plans for setting up of a 1320 MW (2x660 MW) super-critical thermal power plant on the lack of coal linkage. Currently, survey activities are going on for alternate site analysis. Moreover, land acquisition for the project area is also underway. Heads of agreement has been signed for supply of RLNG. A separate sea water in-take system is planned in the project. Owner is expected to come with an expression of interest (EoI) soon. The project requirements are: gas turbine generator, heat recovery steam generator, steam turbine generator, compressor, combustor, compressor casing and turbine casing, variable compressor inlet guide vanes, compressor diffuser, compressor bleed-off system, transition piece section, expansion joints, condensers, pipes, air filters, water treatment plant, DM plant, sea-water intake system, vertical turbine pumps, trash rack & travelling water screen, butterfly valves, expansion joints, circulating water pumps, heat exchanger, induced draft cooling tower, fire protection system, compressed air system, air conditioning and ventilation system, transformers, switch-yard equipment, cranes, thermo mechanically treated steel, DG sets, rolling shutters, fencing materials, down shop lead (DSL) crane, carbon steel and pipe, among others. 8Project Event: RFQs for an EoI of an EPC contractor are expected by the Q4 2018. 8Expenditure Approval: Q1:2019 8RFQ Date: Q4:2018 8Release Date: Q4:2018 8Start Date: 2020 8Completion Date: 2024 Click here for more information, including key contacts and project configurationsDetails
8Project Name: Thermal Power Station - Long Term Contract 8Project Cost: 8 crores 8Project Description: Owner is preparing the bid document for a long term maintenance contract (LTC) for coal handling plant (preventive maintenance and round the clock maintenance) equipment for the 3000 MW Thermal Power Station. The contract tenure will be of three years. Further bids are expected soon. 8Project Event:RFQs for LTC for a coal handling system equipment are expected by the end of June 2018, instead of May. 8Expenditure Approval: Q1:2018 8RFQ Date: 25/Jun/2018 8Release Date: 30/Jun/2018 8Start Date: Sep/2018 8Completion Date: Sep/2021 Click here for more information for key contacts 8Project Name: Thermal Power Station - Installation of FGD 8Project Cost: 750 crores 8Project Description: The owner has completed the site survey activities for installation of Wet Flue Gas Desulphurisation (WFGD). Preparation of feasibility report is ongoing. Tenders for the same is expected soon. The project requirements are: absorber system, gas to gas heat exchanger, spray headers and nozzles, mist eliminators & washing, agitators, quenching spray system, slurry re-circulation pumps, oxidation blower, gypsum bleed pumps, limestone grinding system, limestone slurry pumps, vacuum belt filter system, auxiliary absorbent slurry pumps with drive motor, piping, valves, auxiliary absorbent tanks, limestone storage tank, limestone silos, process water storage and pumping system, booster fans, ducting, dampers along with supports, slurry piping along with associated valves, low height wet chimney, FGD control room, dozers, wet ball mills, bucket elevator, gypsum dehydration, piles, spray headers, cooling water tank, process water tank, emergency slurry tank, among others. 8Project Event:RFQ for installation, supply, erection and commissioning of Wet Flue Gas Desulphurization unit is expected by the Q3 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: Q3:2018 8Release Date:Q3:2018 8Start Date: Q3:2019 8Completion Date:Q2:2021 Click here for more information Business opportunities for the maintenance contractors : RFQs coming ahead 8A state power electricity board has planned the renovation of a control system in a hydro power station. Know more about the power project owner along with the key contact. Click on Details for more A greenfield hydro power project in Assam - Opportunities for contractors and equipment suppliers 8A greenfield hydro power project is getting delayed. Find out what the problem is as well about upcoming business development opportunities. Click on Details for more 8400 MW hydel power plant: No one is willing to sign the PPA. Click on Details for more 8A state based distribution company plans to set up a grid-connected solar park : Azure power wins the contract. Click on Details for moreDetails
8Get the latest status report on IOC's captive Dahej-Koyali refinery captive gas pipeline. Click on Report for more. 8Now that LNG demand has surpassed all expectations and the supply-demand gap is closing rapidly, the focus seems to be on getting new investments off the ground. There is a potential 700 MMTPA of global supply looming ahead. The cost curve too has shifted considerably downwards since 2016. Around 400 MMTPA of LNG may be available at reasonable prices. Click on Report for more. 8The website carries here an accurate estimate of greenfield offshore capex going up to the year 2020. There is a significant rise capex in 2018, going up further in 2019 but dipping again in the subsequent two years before rising again. Market award activity has begun seeing a revival. Know more click on Report. 8India is way down in the pecking order for FDI inflows but outflows showed a buoyant increase. Get full details here of investment patters into India and why the oil & gas sector figures prominently in all of this. Click on Report for more. 8Can Canada emerge as a potential LNG suppliers in the future to India? The country has huge reserves of gas and Asian markets are an eight-day to an 11-day sail from proposed Canada's West Coast LNG terminals, two days closer than most of its international competitors. Click on Report for more. 8A feasibility study on LNG as fuel for a VLOC (260,000 dwt) operating between Australia and China is on and the concept design is currently undergoing confirmation. Will it be feasible to extend the voyage of such a vessel to India? An entire support structure is being develop to make the journey a success. Click on Report for more. 8Choosing the most effective, sustainable and economically feasible strategy to comply with the new low sulphur emission limits is not an easy task. Find out why that is so. Click on Report for more.
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