As oil prices move up, the demand for Jack Up rigs are already seeing an upswing 8But for floaters, there is going to be a lag effect. The bottom has not been reached yet and that is expected by the end of 2018 8The important point to note is that improvements in dayrates are not anticipated until 2019 or even until 2020. 8Historically, marketed utilization must return to around 85% for pricing to improve materially 8Clearly, attrition is needed to improve the supply-demand balance. Click on Report for more. Find out more
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Iran is back to depending on "old friend" India now that US sanctions are looming ahead 8Iran's enthusiastic European friends seem to be deserted the ship. Almost all European companies have withdrawn from Iran. 8But handling Iran will always be a challenge for India, given that Iranians have few allegiances. 8Should OVL proceed with the Farzad B Block assuming that the Iranians will be keener now to handle it over than ever before? Click on Reports for a comprehensive analysis of what is going on in Iran's oil & gas industry today.
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Of 5.8MMT of US LNG commitment, GAIL claims to have tied up around 80% of the volume for for 2019 8The company claims that it has tied up 50% of the volumes for 2020-21. 8There is now talk of the demand-supply gap in LNG narrowing faster than anticipated before, and this should boost GAIL's capacity to place its commitments 8GAIL is also targeting to place as many as 64 cargoes out of its commitments from the US and Russia into India 8Given the avalanche of supply, GAIL is likely to be more agile globally in placing its contracts 8Can it also be flexible in India as well? Click on Reports for more
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For reference purposes, the website also carries here a comparative performance of the world's largest rig owning comparison 8This is a useful set of data for Indian companies looking at hiring offshore rigs> 8The relative performance and capabilities are showcased for -- Rowan -- Maersk -- Seadrill -- Noble -- Borr -- Ensco -- COSL -- Shelf Click on Reports for more
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The average utilization rates are lower for floaters when compared to Jack Up rigs 8Throughout the market cycles, typically higher specification floater units provide higher levels of utilization 8Currently the utilization rates are seeing an upswing 8But they are still far away from the highs seen three years ago Click on Reports for more
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When it comes to utilization rates among Jack Up rigs, the figures differ widely when looked at in terms of type of rig 8The IS, MC and MS rigs are the hardest hit, with a capacity utilization rate of May, 2018 at 32% 8The 300' IC rigs are at around 60% 8But there are a few categories that are at above 80% Click on Reports for more
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The company is planning to spend Rs 19,800 in 2018-19 8Where is the money going? 8Also get an idea about Indian IOCs R&D efforts here. 8The company should be given credit for being able to deploy indigenous technology in ingenuous ways Click on Reports for more
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For reference purposes the website carries here the following tenders: 8Procurement of Spares for Ultrasonic Liquid Processor Details 8Long Range Ultrasonic Testing and Low Frequency Electromagnetic Technique for TanksDetails 8Supply, Installation and Commissioning of CP System for Underground PipingDetails 8EOI for execution of Cyclic Steam Stimulation pilot project in Lanwa heavy oil field Details 8Statutory NDT Inspection and Certification of 100 MT Mounded LPG Storage Vessels at LPG Bottling PlantDetails 8Supply of High Frequency Pressure TransmittersDetails 8Financial Appraisal of Natural Gas Pipeline Grid in North East Details 8Repair and Maintenance of Civil works in LBT area of refinery Details 8Supply of Flanges at refinery Details 8Supply of Valves at refineryDetails 8Procurement of Data Acquisition System Details 8Supply of Spares of RGC and Turbine at refinery Details 8Manufacturing and Supply of HP BLUE DEF in barrels Details 8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Raipur Depot Details 8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Coimbatore IRD Details 8Supply and Laying of 3LPE Coated HP Gas Pipe Line Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India's Nayara sees no problem in replacing Iranian oil, if required Details 8Asian LNG prices rally to four-year seasonal high as demand soars Details 8New proposals may help resolve Israel-Lebanon oil and gas dispute Details 8Ukraine's Naftogaz says Dutch court freezes Gazprom assets Details 8India reports flat crude oil production in April Details 8US among G7 ranked lowest to end fossil fuel subsidies Details 8Only India can help itself combat pollution: UN Environment head Erik Solheim Details 8Chinese airlines apply fuel surcharge after three-year hiatusDetails 8Cairn’s Barmer PSC: Govt to challenge Delhi High Court verdictDetails 8India might hold world's second largest gas hydrate reserves Details 8Centre may reach out to states to reduce levies on fuel, hints petroleum minister Details 8Has the Indian economy caught the Dutch disease? Details 8Petrol, diesel prices cut marginally on Wednesday Details 8NITI Aayog preparing roadmap for full-scale methanol economy Details 8India Oil's crude production jumped 65 per cent last fiscal Details 8India’s natural gas production grows 5.10 per cent in April, gas-based generation rises 19 per cent Details 8Philippines' Phoenix Petroleum, China's CNOOC partner for LNG terminal Details 8Who is to blame for Oil Price Surge? Details 8Market Movers: RBI's monetary policy, cooling oil prices and more Details 8A key indicator hints at high possibility of policy rate hike today Details 8India gets its cheapest gas as Gazprom starts shipments Details 8World Bank endorses India’s growth story, inflation a concern Details 8Petrol prices cut for the eighth day in a row. Check price details here Details 8From cabbages to oil, inflation has many fathers Details You can also click on Newsclips for moreDetails
Ammonia-Urea Energy Saving Project 8Cost - Rs 217 Crore 8Project Event: The proposal for a term of references has been granted and tender for major equipment is likely to be released in July or August 2018. Click here for more information NPK-SSP & Sulphuric Acid Expansion Project 8Cost - Rs 15 Crore 8Project Event: RFQ for a contractor is likely to be released after environmental clearance. The public hearing has completed but environmental clearance is due. the reason of delay in the environmental clearance is international specification added in Indian pollution control specifications, The company repeatedly gave presentations for cleareance, but rejected so far. Click here for more information Single Super Phosphate Fertilizer Greenfield Project 8Cost - Rs 8 Crore 8Project Event: Shortlisting process for EPC contractor is ongoing. Equipment requirement coming up Click here for more informationDetails
Is Nagaland still out of bounds for ONGC and OIL? Naga militants had forced a hasty retreat for ONGC many years ago. The peculiar land laws in the state, guaranteed by the constitution, come in the way of developing oil & gas properties. The last government in fact floated its own E&P regime, but it was shot down by the centre. Nevertheless on of the national oil companies is keen on making headway. This is because if there is a super reservoir to be found, it can only be in places such as Nagaland 8Project Name: Oil Field Development 8Project Cost: Rs 250 crore. 8Project Description: The owner is keen on going ahead with a NELP VI in Nagaland. Clearances are expected by expected by Q3 2018. The project involves a 3D seismic survey of the highly prospective Schuppen Belt. Currently, the project is in pre-planning phase and project scoping is going on. The seismic surveys are expected to start by the Q4 2018. Further RFQs for the project are expected shortly. 8Project Event New: RFQ for hiring services for the 3D seismic survey is expected by July 2018. 8Expenditure Approval: Q2/2018 8RFQ Date: Jul/2018. 8Release Date: Sep/2018. 8Date: Q4/2018 8Completion Date: Q4/2019 Click here for more details for key contactsDetails
8Project Name: Oil Field Development 8Project Cost: Rs 200 crore 8Project Description: The promoter is planning Shale Gas and Oil Exploratory Drilling of 02 wells. Two PML Block have been identified for exploratory drilling. The Targeted depth of the wells shall be up to 4400 meters. The drilling of these wells will provide leads to the further exploration and development of shale gas in the region. Promoter owned drilling rigs are proposed to be deployed for undertaking drilling activities. The equipment required for the project will be Hydrofracturing Equipment, Proppant, Blow out preventer, Cementing services, Drilling fluid services and other oilfield chemicals. 8Project Event: RFQ for the hydrofracturing unit and other equipment and oilfield chemicals are expected by Q4:2018. 8Expenditure Approval: Q1/2017 8RFQ Date: Q4/2018 8Release Date: Q4/2018 8Start Date: Jan/2020 8Completion Date: Dec/2020 Click here for more details for key contacts and other detailsDetails
8RJ-ON-90/1 drilling to start by Aug 2018 8Ravva exploration by H2 2019 8Schlumberger and Deep Industries among those awarded jobs Click on Details for more
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8Project Name: Greenfield LPG Bottling Plant Project 8Project Cost: Rs 175 crore 8Project Description: The owner is planning to relocate an existing LPG plant with a capacity of 120 TMTPA along with a 48 slot automatic electronic carousal and attendant downstream facilities. It has hired a consultant for pre-feasibility studies. 8Project Event: RFQ for EPC contractor is expected by August 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Aug/2018 8Release Date: sep/2018 8Start Date: Q4:2018 8Completion Date: Q4:2020 Click here for more details for key contactsDetails
8Project Name: LPG Bottling Plant Greenfield Project 8Project Cost: Rs 150 crore 8Project Description: The owner along with EPCM contractor is planning to construct 3X600 MT LPG Bottling plant. RFQ for the equipment is already out. Further RFQs are expected soon. 8Project Event: RFQ for structural and civil work is expected by August 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Q2:2018 8Completion Date: Q2:2021 Click here for more details for key contactsDetails
8Project Name: Greenfield Product Pipeline Project 8Project Cost: Rs 700 crore 8Project Description: The owner has hired a PMC contractor to build the product pipeline with a length of 300 Km. 8Project Event: RFQs for electrical work are expected by August instead of June 2018. 8Expenditure Approval: Q2:2016 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Q4:2018 8Completion Date: Q4:2020 Click here for more detailsDetails
8Project Name: Thermal Power Greenfield Project 8Project Cost: 20000 crores 8Project Description: A power utility company is planning the installation of a 1980 MW super-critical thermal power plant. RFQ for the main plant package is expected shortly. 8Project Event: RFQs for the main plant package are expected by the end of June 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: 20/Jun/2018 8Release Date: 23/Jun/2018 8Start Date: Q3:2019 8Completion Date: Q3:2023 Click here for more information 8Project Name: Thermal Power Maintenance Project 8Project Cost: 8 crores 8Project Description: Promoter has planned a 30-day scheduled boiler annual overhaul in the 4000 MW thermal power station. The job includes replacement of boiler pressure parts, inspection of low pressure turbine auxiliaries, replacement of guide bearings of turbine, among others. 8Project Event: RFQs for overhaul of equipment are expected by the mid June 2018. Click here for more informationDetails
Find out a viable way of converting used tires into green energy 8The technology is internationally patented and in use in 25 countries, and the the investment needed is not much 8It is touted as the most cost-effective wastage tyre recycling technology in the world. 8The returns on investment are attractive Click on Reports for more
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Is there a smarter way to ensure that gas can eventually compete with coal in India? 8The trick is to be able to raise the coal tax. 8By how much will the tax have to go up for gas to be able to compete with coal-fired tariffs? 8Also get an understanding of how gas demand can be driven up from non-power segments of the Indian economy Click on Reports to find out more
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For reference purposes the website carries here the following tenders: 8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Kolkata Terminal Details 8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex BalasoreDetails 8Carrying out MDPE Laying and Associated Works for City Gas Distribution ProjectDetails 8Pre-Qualification of vendors for providing H2S Services for HPHT Asset Details 8Pre-Qualification of vendors for providing Slickline Services for HPHT AssetDetails 8Shifting of Steel PipesDetails 8Assistance for trouble shooting in Sulfur Recovery unit at refinery Details 8Servicing of hydraulic jack and ball valves Details 8Manual Filling, Cold Repair, Evacuation and other Miscellaneous Jobs at LPG Plant Details 8Cylinder Handling and Assistance in Filling Operations at LPG PlantDetails 8Supply of Chemicals for Treatment for Sea Water Cooling Tower Systems in Refinery Details 8Supply of Transmitters in refinery Details 8EOI is invited from organisations for Facility Management of Process Instrumentation and Infocom field systems installed across the organization in India Details 8EOI for provision of Heat Exchanger Tubes Cleaning Services and Hydrocarbon Tanks Cleaning Services Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8UberPOOL helped India save $4.5 million in fuel import costs Details 8India to source $1.5 billion worth of LNG from Russia’s Gazprom every year, receives first shipment today Details 8Job searches in renewable energy sector jump 76 per cent in 3 years Details 8Vietnam sets out green ambitions with bold targets for solar, rare earth Details 8Poland confident of meeting 2022 deadline for completing natural gas link to Norway Details 8Qatar acquires stake in Exxon's Argentina shale oil and gas Details 8Russia's Gazprom says loans 2.14 billion Euro to TurkStream operator Details 8CNOOC's east China LNG terminal records 93 pct increase in salesDetails 8China's LNG trucking capacity to double by 2025 -WoodmacDetails 8Oil Minister Dharmendra Pradhan rules out review of daily fuel pricing Details 8High oil prices could inflate India’s Current Account Deficit to $31 bn Details 8Carbon bubble burst forecast Details 8HPCL merger: MRPL faces minimum 25% public shareholding norms test Details 8Petroleum minister receives consignment of Russian gas at Gujarat port Details 8Daily fuel pricing to stay, says oil minister Pradhan Details 8Algeria hires U.S. law firm to help with new energy law to attract investment Details 8Oil climbs, but record US crude output, higher Opec supplies drag Details 8Iran sells first cargo of West Karoun oil to Spain's Repsol: sources Details 8Petrol, diesel prices cut marginally on Tuesday Details 8India gets cheapest LNG as Russia’s Gazprom begins supplies Details 8Oil, MSP may derail fiscal deficit plans Details 8Deeper Brazil government meddling looms over new Petrobras CEO Details 8Indian Oil Corporation to make itself self-sustainable in Kerala by relying on alternative sources of energy Details 8ONGC told to prove 50 pct KG basin fields in deep water Details You can also click on Newsclips for moreDetails
How did Geophysical Technical Inc USA (GTI) find its way back into a tender for a cable free node based seismic data acquisition system after its bid was rejected by ONGC ? 8The usual way of doing way is to go to court and get a judicial intervention 8But GTI chose a different route 8The essential narrative is about understanding how ONGC's tendering system works and to be work that system to its benefit Click on Details for more Details
The next big wave of seismic technology that is coming in soon will be cable free onland seismic data acquisition systems 8A pilot project is being tried out by ONGC in its Assam asset even though the whole tendering process is now mired in controversy 8Find out more about how cable free seismic business is going to see a huge explosion in India. 8And if you are an Indian based agent, now is the time to scout for the technology so that you are prepared when the next tender is out. Click on Details Details
ONGC had utilized RIL's SIngle Point Mooring System (SPM) facilities to evacuate naphtha from its Hazira processing plant 8Marine transport is the most economical way of transporting naptha from Hazira as the ONGC facility has no pipeline connectivity. 8ONGC had used the RIL facility for the last 14 years. 8But that is now going to come to an end Click on Details for more
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8Project Name: Pipeline Development 8Project Cost: Rs 260 crore. 8Project Description New: The owner has hired an EPCM contractor for the construction of a gathering pipeline in Assam. The project involves laying of 900 mm dia. Currently, the project is in pre-clearance phase. The EIA consultant for the project has already been hired. Moreover, the project will further be executed on LSTK basis. A slight delay is expected in TOR grant for the project as the applicability of the EIA Notification, 2006 has not been yet established till now from the Environment ministry. Moreover, the wildlife clearance is still pending for the project. 8Project Event New: RFQs for hiring an LSTK Contractor from the EPCM contractor's end is expected by August 2018. 8Expenditure Approval: Q4/2017 8RFQ Date: Aug/2018. 8Release Date: Oct/2018. 8Date: Jun/2019 8Completion Date: Dec/2020 Click here for more details and key contactsDetails
8Project Name: Oil Field Development 8Project Cost: Rs 100 crore 8Project Description New: The owners RFQs for hiring an integrated EIA consultant for 04 well exploratory drilling in an onshore frontier block is currently on. The targeted depth of the wells will be up to 4600m. Company owned electrical type rig is proposed to be deployed for undertaking drilling activities in the block. The equipment required for the project will be Drill Pipes, Casing Pipes, Xmas Trees, Blow Out Preventer, Cementing services, Drilling fluid services and other Oilfield chemicals. Further RFQs are expected shortly. 8Project Event New: RFQ for the equipment and oilfield chemicals are expected by September 2018. 8Expenditure Approval: Q4/2017 8RFQ Date: Sep/2018 8Release Date: Q3/2018 8Start Date: Mar/2020 8Completion Date: Dec/2021 Click here for more informationDetails
8Project Name: Oil Field Development 8Project Cost: Rs 1200 crore 8Project Description: The Promoter is planning development drilling of 170CBM wells. The block is India’s most prolific CBM block, holding 1 trillion cubic feet of recoverable reserves. The block holds an area of 500 sq km and was awarded on 29 March 2005 under the CBM I Bid Round. The Development is in line with the company’s strategy of increasing production to around 81 MMcfg/d by 2021 from the current production of around 35 MMcfg/d. Promoter owned drilling rigs are going to be deployed for undertaking drilling activities. 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. 8Expenditure Approval: Q4/2017 8RFQ Date: Q4/2018 8Release Date: Q4/2018 8Start Date: Dec/2019 8Completion Date: Dec/2022 Click here for more details for key contactsDetails
ONGC planning more ASP-based EOR work 8The field has been discovered in 1967 located on a tectonic block of Cambay basin. 8The ASP flooding opportunity is seen to have an additional displacement efficiency of around 23% of Oil Initially in Place (OIIP), as per laboratory studies 8RFQ expected by Q1:2019 Click on Details for project details and key contacts
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Now that Aban's JackUp rig contacts for two of its rigs have ended, but ONGC has not come out with a rig replacement tender. 8But there are requirements coming up Click on Details for more Details
8Project Name: Greenfield Gas Pipeline Project 8Project Cost: Rs 3500 crore 8Project Description: Owner is laying a gas pipeline with a capacity of 14.40 MMSCMD and a length of 715 km. Further RFQs are expected soon. (new description) 8Project Event: RFQ for the surveying work of the pipeline is expected by the last week of July 2018. RFQ for the EIA consultant is expected by August 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Jul/2018 8Release Date: Aug/2018 8Start Date: Q4:2018 8Completion Date: Q4:2021 Click here for more details for key contactsDetails
8Project Name: Brownfield Pipeline Project 8Project Cost: Rs 700 crore 8Project Description: The owner is planning to augment the existing pipeline while building a fresh strech too. At present, site surveys are going on. There is a delay in the selection of EPCM contractor. 8Project Event: RFQ for EPCM Contractor is to be expected by August instead of June 2018 RFQ for the surveying work is expected by August 2018. 8Expenditure Approval: Q3:2016 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Oct:2018 8Completion Date: Q4:2020 Click here for more detailsDetails
8Project Name: POL Terminal Expansion Project 8Project Cost: Rs 70 crore 8Project Description: The owner is planning to do the expansion in its POL terminal. Currently the project is under State Environment Impact Assessment Authority snction. A contractor has been hired for pre-feasibility studies. Environment clearance is expected by August 2018. 8Project Event: RFQ for EPC contractor is expected by July 2018. 8Expenditure Approval: Q3/2017 8RFQ Date: Jul/2018 8Release Date: Aug/2018 8Start Date: Q4:2018 8Completion Date: Q1:2020 Click here for more detailsDetails
8Project Name: LPG Bottling Plant Augmentation Project 8Project Cost: Rs 100 crore 8Project Description: Owner is augmenting their existing bottling plants. The expansion will be done from 900MT to 3300MT by adding 4 nos of mounded bullets having a capacity of 600 MT each and installation of 1 x 24 station electronic carousal & extension of 2 bays in TLD Gantry. The owner has has hired an EPC contractor. 8Project Event: RFQ for electrical and erection work is expected by June 2018. 8Expenditure Approval: Q3/2017 8RFQ Date: Jul/2018 8Release Date: Sep/2018 8Start Date: Q4:2018 8Completion Date: Q1:2020 Click here for more details 8Business Opportunity for an Annual Maintenance Contractor The owner is planning to float a short term annual maintenance contract in its Residual Fluid Catalytic Cracking (RFCC) unit at its refinery for a tenure of three years. Click on Details for key contactsDetails
Phosphoric Acid Expansion Project 8Cost - Rs 1100 Crore 8Project Event: Tender for EPCM contractor was released in April 2018 and the evaluation process is ongoing, with finalization due in July 2018. Tender for equipment is likely to be released in August 2018. Click here for more information NPK-DAP Greenfield Project 8Cost - Rs 987 Crore 8Project Event: The proposal for an environmental clearance has been submitted though a public hearing has not started yet, RFQ for the EPC contractor is likely to be released in August 2018. Click here for more information Ammonia-Urea Energy Saving Project 8Cost - Rs 262 Crore 8Project Event: The proposal for a term of references has been granted, a proposal for the environment clearance is likely to be submitted in July 2018 and tender for major equipment is likely to be released in July or August 2018. Click here for more information Ammonia-Urea & Captive Power Plant Greenfield Project 8Cost - Rs 10741 Crore 8Project Event: RFQ for LSTK contractor was floated in May 2017 for Generating Ammonia Syn. Gas & Carbon Dioxide Gas but the last date for bid has been extended from 24 May to 18 June 2018. The tender for the ammonia-urea plant is extended from 21 May to 20 June 2018. Click here for more information Ammonia-Urea Brownfield Project 8Cost - Rs 6000 Crore 8Project Event: Engineering studies have not started yet and the internal discussion process is ongoing and tender for major equipment package is likely to be released in July or August 2018. Click here for more informationDetails
The LNG demand-supply outlook keeps changing on a continuous basis. 8The latest estimate is that supply will catch up to demand as early as 2020. 8New LNG liquefaction projects may not come up fast enough. 8Capital approval for LNG project has come down in recent years from around 20MMTPA in 2015 to below 5MMMTPA in 2017. 8This is in contrast to demand growth in last year alone estimated at more than 25MMTPA. 8This cool down period coincided with the market anticipation of LNG over-supply, which, there is now a consensus, has not happened. 8If demand and supply is going to be tight from as early as 2020, it augurs well for the Indian offshore gas production projects which will be coming on stream around that time as their prices are aligned to the LNG landed price. Click on Reports for more
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When projections were there of a looming over supply in the LNG market, everyone predicted a switch away from long term LNG deals. 8But new 20 year contacts are now being struck. 8This clearly exudes confidence in the LNG market and the outlook ahead Click on Reports for more
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The LNG shipping market is expected to gradually tighten from the end of 2018, with Australia, the U.S. and Russia being the driving forces for soaking up tonnage 8The shipping balance starts to tighten as new export capacity comes to the market and outdated tonnage comes off charter resulting in vessel replacement 8By 2020, additional export projects starts producing, triggering vessel demand against a thin orderbook The website also carries here LNG ship category wise by trade route of UTC breakeven rates in terms into the following segments 8Boil off 8Port Charges 8Charter hire 8Fuel 8Canal fees Also get an overview of the FRSU market globally and in India. There are up to 34 FSRU projects expected to be operational by 2020 Click on Reports for more
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Indian LPG demand is down 10% by higher domestic production 8But Chinese imports are higher on petrochemical demand 8Find out all of these developments have impacted the LPG vessel market Click on ReportsDetails
Technologies to develop high-quality battery grade lithium for lithium-ion batteries from oifield brine resources are gaining traction 8They specifically target lithium chloride, while other salts stay in the brine 8What is more, mobile oilfield lithium extraction technologies now going on stream. Click on Reports for more
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A war of words has continued between the PNGRB and RIL over tariff rates for the East West Pipeline 8A PNGRB order that had fixed the capacity of the pipeline at 95 mmscmd has been challenged but remains unresolved 8There is a dispute over capex deployed, future maintenance and replacement capex and opex 8The future capacity of the pipeline has been pegged at 62 mmscmd 8Other pipeline operators have jumped into the fray with their own views on the subject as how the regulator eventually decides the case will have bearing on their tariff rates Click on Reports for more
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A study has shown that offshore areas in Gujarat can optimally produce twice the annual energy demand of the entire country 8Shallow areas in the coast in water depth of 30m depth has a massive potential of around 130 TWh per year 8This is feasible with current technology. 8Find out more on these assumptions 8Is it time for Indian oil & gas companies to look at offshore wind more seriously then it has done in the past Click on Reports for more
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8Project Name: Greenfield Hydroelectric Project 8Project Cost: 5000 crores 8Project Description: A JV company is planning the installation of a 800 MW hydroelectric plant. Further bids are expected shortly. 8Project Event: RFQs for hydro-mechanical works package are expected by Q3 2018. 8Expenditure Approval: 2017 8RFQ Date: Q3:2018 8Release Date: Q3:2018 8Start Date: 2019 8Completion Date: 2024 Click here for more information 8Project Name: Thermal Power Greenfield Project 8Project Cost: 20000 crores 8Project Description: A joint venture company is carrying on with its construction activities for 2400 MW thermal power station. Owner is expected to come out with bids for civil works involving the office buildings and township package. 8Project Event: RFQs for office buildings and township package is expected by the end of Q3 2018 8Expenditure Approval: Q1:2016 8RFQ Date: Q3:2018 8Release Date: Q3:2018 8Start Date: Q4:2016 8Completion Date: Q4:2020 Click here for more information 8Project Name: Thermal Power Maintenance Project 8Project Cost: 8 crores 8Project Description: Owner has planned a 35-day scheduled boiler overhaul in the 3000 MW thermal power station. The mandatory jobs includes replacement of boiler pressure parts, checking of generator rotor, replacement of guide bearings of turbine, among others. 8Project Event: RFQs for overhaul of equipment are expected by the Q4 2018. Click here for more informationDetails
8Project Name: Drilling Field Development 8Project Cost: Rs 1300 crore. 8Project Description New: Owner's RFQs for civil works for 48 well exploratory drilling are out. The project will be rolled out in a phase-wise manner The drilling will be carried out using third-party rigs. There are 3 drilling rigs available with ONGC Jorhat Asset but these are already deployed. Currently, the project is in pre-clearance phase and EIA report preparation is still going on. Further RFQ for the project is expected shortly. 8Project Event New: RFQ for hiring a drilling rig is expected by September instead of June 2018. 8Project Event Old: RFQs for the hiring an EPC contractor for pipeline and gas grid network part are expected by June instead of May 2018. 8Expenditure Approval: Q2/2017 8RFQ Date: Sep/2018. 8Release Date: Oct/2018. 8Date: Jun/2019 8Completion Date: Dec/2021 Click here for more details for key contacts and other project parametersDetails
8Project Name: Onshore Field Development 8Project Cost: Rs 100 crore 8Project Description New: Oil India Limited is planning the development a bunch of PLMs involving 55 onshore wells, 02 production installations and laying of 250 km infield pipeline. There will also be a 30 km gathering pipeline stretch. Currently, the project is in pre-clearance phase. The Environmental Clearance for the project is expected by October 2018. The process of hiring an EPC contractor for production installations is expected to begin soon. RFQ for the Drilling Rigs, Blowout Controller, Xmas Trees, Cementing, Wireline, Drill Collar etc is expected shortly. 8Project Event New: RFQs for hiring EPC contractor for the production facilities and pipeline stretch is expected by September instead of June 2018. RFQs for hiring Rigs and other equipment is expected by September 2018 8Expenditure Approval: Q3/2017 8RFQ Date: Sep/2018 8Release Date: Oct/2018 8Start Date: Mar/2019 8Completion Date: Apr/2021 Click here for more information for key contacts and other detailsDetails
8Project Description: The Promoter is planning exploratory drilling of 35 shale gas and oil wells. The wells are expected to be drilled up to a depth of 4400 meters. Promoter owned drilling rigs are proposed to be deployed for undertaking drilling activities. An EIA report has been already submitted for obtaining environment clearance. The equipment required for the project will be Hydrofracturing Equipment, Proppant, Casing pipes, Drilling pipes, Blow out preventer, Cementing services, Drilling fluid services and other oilfield chemicals. 8Project Event: RFQ for the hydrofracturing unit and other equipment and oilfield chemicals are expected by Q4:2018. 8Expenditure Approval: Q2/2014 8RFQ Date: Q4/2018 8Release Date: Q4/2018 8Start Date: Feb/2020 8Completion Date: Dec/2022 Click here for more detailsDetails
A CBM drilling project coming up in the Raniganj Block. 8The company has 100% PI in the block 8The block has an estimated 2.62 TCF Original-Gas-in-Place 8RFQ expected by Q1:2019 Click on Details for key contacts
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8Project Name: Brownfield LPG Bottling Plant Project 8Project Cost: Rs 500 crore 8Project Description: The owner has selected an EPC contractor. RFQ for the equipment is already out. 8Project Event: RFQ for electrical and erection work is expected by mid of the June 2018. RFQ for the installation work is expected by October instead of September 2018. 8Expenditure Approval: Q2/2017 8RFQ Date: Oct/2018 8Release Date: Nov/2018 8Start Date: Q2:2018 8Completion Date: Q1:2020 Click here for more details 8Business Opportunity for a Pipeline Maintenance Contractor: 8The owner is planning to float a long term annual maintenance contract for a natural gas pipeline at the time of planned maintenance shutdown for a tenure of five years. Click on Details for key contactsDetails
8Project Name: Refinery Expansion Project 8Project Cost: Rs 27000 crore 8Project Description: The owner has appointed a DFR consultant. DFR will be completed by Q1 2019. At present project is in pre-planning stage and pre-project activities are going on. A slight delay in the selection of the contractor. 8Project Event: RFQ for the Consultant for preparation of cost estimate for all unit is expected by 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 for full project configuration and key contactsDetails
8Project Name: POL Terminal Expansion Project 8Project Cost: Rs 45 crore 8Project Description: The owner is planning to do reallocation of Tankage and Revamping of facilities in its POL Terminal. 8Project Event: RFQ for the PMC contractor is expected by August 2018. 8Expenditure Approval: Q1:2017 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Q4:2018 8Completion Date: Q3:2021 Click here for more detailsDetails
For reference purposes the website carries here the following tenders: 8EPCM Consultant For Multi Product Pipelines Details 8Expression of Interest for Import Terminal from reputed international or Indian companies for LPG Import terminalling arrangementDetails 8Annual Rate Contract for Mechnical Decoking in DCU Furnaces of refineryDetails 8Consultant for preparation of cost estimate for DHDT unit for Refinery Project Details 8Engaging an agency for Remnant Life Assessment study of Co-gen Boiler, CO Boiler and Waste Heat BoilersDetails 8Survey of Diesel product Water PipelinesDetails 8Providing miscellaneous Technical support services at refinery Details 8Engineering Procurement and Construction of Quick Production System Facilities Details 8Charter Hiring and Operation of Crude Oil Tankers on Call Out/ Firm Basis Details 8Drill Site Civil Works in various blocks in Gujarat State on Callout basisDetails 8Provision of Restoration of Abandoned Drill Sites Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India to import first Russian LNG tomorrow under long term deal Details 8Government is worried about fuel price hike, says BJP Minister Details 8Working towards long-term solution to petrol price hike: Javadekar Details 8Abandon ship: oil tanker scrappage to hit multi-year high as earnings sink Details 8Hand of government lifted March quarter GDP growth: HSBC Details 8Fuel price hike: Smriti Irani evades questions, says opposition unity will help BJP Details 8Fuel price hike: No-car protest planned against petrol, diesel price rise Details 8ONGC suffered Rs 4,000 crore loss on gas production due to cap on pricesDetails 8Petrol price rise: Anger against fuel price hike spills on to streetsDetails 8State govts objected to bring fuel prices under GST: Sitharaman Details 8Petrol price hike: Congress slams hypocritical fuel price cut Details 8HPCL, MRPL merger will take a year, says ONGC Chairman Details 8Centre making efforts to takle increase in petrol, diesel prices: Gadkari Details 8Fuel price hike: Truckers body to go on strike protesting record diesel price Details 8Iraq to sign development contracts for six oil blocks -oil ministry Details 8Russian crude oil output stagnant but remains above quotas in May Details 8Argentina to raise fuel prices after negotiating with companies Details 8U.S. drillers add oil rigs for second week in a row -Baker Hughes Details 8Russia, Abu Dhabi agree to help balance energy market amid rising prices Details 8Iran oil exports highest since nuclear deal at 2.7 million barrels per day Details 8Fuel price hike: Goyal says revenue in lean crude market being invested in dev projects Details 8Fuel price hike: Options before Modi government Details 8Government may cut stake in state-run companies to 49 per cent Details 8Britain should force companies to report climate risk exposure -lawmakers Details 8Qatar Petroleum buys stake in Exxon's Argentina shale assets Details 8Indian economy like a car with 3 tyres punctured: P Chidambaram Details 8Big investors urge G7 to step up climate action, shift from coal Details 8Fuel price hike: Petrol, diesel prices cut marginally on Monday Details 8Kochi-Koottanad KKBMPL project: Gas pipeline launch to yield solid gains Details 8Engineers India: Edelweiss says ‘hold’; lull in fresh orders poses challenge Details 8Firm crude prices good news for oil firms, but not for ONGC Details 8Petrol price down by 15 paise in all metro cities, diesel by 14 paise in Delhi Details 8Marginal drop in fuel prices for sixth consecutive day Details You can also click on Newsclips for moreDetails
Indian companies are inadequately represented in the over 1,300 companies -- including more than 100 Fortune Global 500 companies with collective annual revenues of about US$7 trillion which disclosed that they are using an internal price on carbon to inform their decision making, or plan to do so. 8While most companies use internal carbon pricing as a tool to manage potential climate-related risks, some companies also see additional benefits internal carbon pricing provides for improving cooperation within the company, particularly between finance and sustainability departments and senior management. 8The consensus carbon prices for the power sector to decarbonize by 2050, is in the range of US$24–36/tCO2e in 2020 and US$38–100/tCO2e by 2035. 8Importantly, the consensus carbon prices of US$30–50/tCO2e in 2020 and US$50–100/tCO2e in 2035 will be needed to put the chemical sector on a pathway in line with the Paris Agreement. 8The chemical and petrochemical sector as a consequence see a dramatic overhaul in its production processes. Click on Reports for more
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