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Jun 2018

Diesel fuelling process has not seen any major innovations in past few decades.
8Most fuel stations are manually operated and controlled leaving a huge scope for discrepancies in quantity, quality and overall user experience.
8There is rampant cheating, inferior quality, lack of accounting, zero personalization, zero amenities and zero loyalty benefits
8Smart tech startups are now trying to change this outside of the public sector
8Find out how
Click on Reports  for more Details
8Project Name: Offshore Field Development
8Project Description New: Exploratory work has piled up in ONGC's offshore blocks
8Project Event New: RFQ for the hiring of a deepwater rig is expected by October 2018.
 RFQ for the equipment are expected by December 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Oct/2018.
8Release Date: Dec/2018.
8Date: Apr/2020
8Completion Date: Dec/2021
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Details
8Project Name: Exploratory drilling
8Project Cost: Rs 600 crore
8Project Description: The selection of an EIA consultant is now on for a 15-well exploratory drilling programme. Company owned electrical type rig is proposed to be deployed for undertaking deviation drilling in the reservoir section using turbo/appropriate rotary drilling technique.The next set of RFQs for rig moblisation services will be put up soon.
8Project Event: RFQs are expected by December 2018.
RFQs for the rig moblisation services are expected by January 2019.
8Expenditure Approval: Q4/2017
8RFQ Date: Dec/2018
8Release Date: Q1/2019   
8Start Date: Oct/2019
8Completion Date: Dec/2021
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Details
8Project Name: Brownfield Product Pipeline Expansion Project
8Project Cost: Rs 2000 crore
8Project Description: The owner has selected an EPCM to augment the existing pipeline while adding greenfield sections to it
8Project Event: RFQ for material and mainline pipe is expected by August 2018.
8Expenditure Approval: Q1:2015
8RFQ Date: Aug/2018
8Release Date: Sep/2018
8Start Date: Q3:2017
8Completion Date: Dec/2020
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Details
8Project Name: Greenfield 2G Bio-Ethanol Refinery Project
8Project Cost: Rs 350 crore
8Project Description: The owner along with the licensor has zeroed in on a PMC contactor through an active selection process.
8Project Event: RFQ for the biomass is expected by September 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q4:2018
8Completion Date: Q4:2020
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Details
8Project Name: POL Terminal Expansion And Reallocation Project
8Project Cost: Rs 100 crore
8Project Description: The owner is planning the reallocation and construction of one tank each of 500 KL for 200 KL Biodiesel and two ethanol tanks of 200 KL each at an existing terminal.
8Project Event: RFQ for PMC contractor is to be expected by last week of August instead of June 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Aug/2018
8Release Date: Sep/2018
8Start Date: Q4:2018
8Completion Date: Q1:2021
Click here for more details
Details
For reference purposes the website carries here the following tenders:
8Hiring of Services for Cleaning of Crude Heaters at CSU Details
8Procurement of 32 MT -Potassium Hydroxide for Drilling Fluids Details
8Hiring of Pigging Services for Well Fluid Pipeline Details
8Supply of transmitters at refinery Details
8Mechanical, Piping, Civil, Electrical and Instrumentation Jobs for Fire Fighting System and Naphtha Tanks and for Bio-Treatment Plant related Jobs Details
8Refurbishment of Wet Gas Compressor Dry Gas Seal of RFCCU for refinery Details
8Supply of bearings at refinery Details
8Engaging Financial Institution as consultant to provide Consultancy Services for Financial appraisals of Project Investment proposals Details
8Preliminary Works for NDT and Hydrotesting of Storage Vessels at LPG Bottling Plant Details
8Procurement of Antioxidant AO3 Details
8Hiring of contract for carrying out Non Destructive Testing by UT Flaw Detection with reports for Non-piggable Underground Pipelines Details
8Structural Stability Check of important structures at Petrochemical Plant Details
8Procurement of Motor Driven, Lubricating Type, Reciprocating Permanent BOG Compressors Details
8Supply, installation and commissioning of Pressure Calibrator, Temperature Calibrator and Dead Weight Testers Details
8Fabrication and Supply of 210 Ltr MS Lube Barrels Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Hunt for opportunities in India’s energy space continues, says Shell Companies Chairman Details
8India may bid for Oil & Gas fields in U.A.E., says Pradhan Details
8OIL makes gas discovery in Andhra Pradesh’s Krishna Godvari basin Details
8Saudi Aramco, Adnoc to join hands for petroleum retail in India Details
8Will new discovery fuel Oil India shares? Details
8India happy with OPEC decision to raise oil production Details
8Oil India again discovers hydrocarbon in KG Basin Details
8Gas distribution to reach 49% of India's population:PNGRB Details

8India warned OPEC of high oil prices shrinking demand Details
8Bringing petrol and diesel under GST impractical: NITI Aayog Vice Chairman Details
8Pradhan to meet Uddhav Thackeray to address concerns on mega-Ratnagiri refinery Details
8Biogas plants in Punjab helping save trees: Power & renewable energy minister Details
8Saudis pledge decisive oil supply boost to comfort consumers Details
8
OPEC decision a positive for consuming country like India: Pradhan Details
8Saudi Aramco eyes presence in India's entire energy sector, says CEO Details
8Indonesia posts $1.52 bln trade deficit in May on higher oil prices Details
8Abu Dhabi oil giant signs pact to take stake in Ratnagiri refinery project Details
8Oil prices rise on uncertainty over Libyan crude oil exports Details
8
Canada crude outage to tighten supplies, reduce oil flow to Cushing Details
8Hong Kong set for world's biggest floating LNG import terminal Details
8China to shift from road to rail for mineral ore, coke transport by 2020 - ministry Details
8Indian oil companies to bid in UAE oil field round: Oil minister Pradhan Details
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Details
8Project Name: Greenfield Hydroelectric Power Station
8Project Cost: 800 crores
8Project Description: Owner along with the contractor is carrying out excavation activities in a 100 MW greenfield hydroelectric power station. Further bids are expected soon.
8Project Event: RFQs for the excitation system and its auxiliaries are expected by the August 2018.
8Expenditure Approval: Oct/2017
8RFQ Date: Aug/2018
8Release Date: Aug/2018
8Start Date: Q2:2018    
8Completion Date: Q4:2021
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8Project Name: Thermal Power Station - Installation of new cooling towers
8Project Cost: 1000 crores
8Project Description: Promoter has planned the installation of new cooling towers in place of the old cooling towers at the existing facility of 3000 MW thermal power station. Further bids are expected soon.
8Project Event: RFQs for supply, installation, erection and commissioning of cooling towers are expected by the Q4 2018.
8Expenditure Approval: Q2:2018
8RFQ Date: Q4:2018
8Release Date: Q4:2018
8Start Date: Q1:2019    
8Completion Date: Q4:2020
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Details
8Project Name: Oil Field Development
8Project Cost: Rs 2500 crore
8Project Description: RFQs for hiring drilling rigs for multi-welll drilling services  are expected shortly
8Project Event: RFQs for hiring drilling: services are expected by December 2018.
RFQs for hiring an EPC contractor for gas pipeline is expected by January 2019.
8Expenditure Approval: Q4/2017
8RFQ Date: Dec/2018
8Release Date: Feb/2019   
8Start Date: Oct/2019
8Completion Date: Jun/2022
Click here for more details for key contacts  
Details
8Project Name: Offshore Field Development
8Project Cost: Rs 1200 crore.
8Project Description New: A jack up rig requirement is coming up for a private sector E&P development
8Project Event New: RFQ for hiring a jackup rig is expected by September 2018.
8Expenditure Approval: Q2/2016
8RFQ Date: Sep/2018.
8Release Date: Nov/2018.
8Date: Feb/2020
8Completion Date: Dec/2022
Click here for more details, get a full update on project configuration and key contacts 
Details
8A Greenfield 800 MW Super-Critical Thermal Power Plant is on hold due to environmental issues : Find out more on the project and issue involved. Details
A big bonanza awaits RIL subsequent to the implementation of regulations to lower use of high sulphur oil by the year 2020.
8A massive upsurge in demand for low sulphur fuel oil is expected as a consequence.
8Consequently, the demand for lighter crude will go up, pushing the discount on heavy oils to around $5/bbl by 2020.
8Complex refiners will benefit the most due to their high exposure of clean products, low production of HSFO and their ability to cracks cheaper heavier crude.
8Find out more on how RIL stands to gain massively from this change, as it operates the world's most complex refinery complex.
Click on Reports  for more Details
Also know more on how High Sulphur Fuel Oil will emerge as the new competitor for LNG in India's highly sensitive dual industrial fuel market in the world.
8In India particularly, public sector refiners will not be able to fully convert the use of HSFO by 2020, leading to a steep fall in prices.
8This will mean, if crude prices remain stable or lower as is now projected, a sharp fall in price of HSFO in comparison to competing fuels
8And if the demand surge leads to a global demand-supply balance, LNG prices are likely to stay high.
8This will, in turn, mean that gas demand will encounter severe headwinds in the face of low HSFO price
8Bitumen prices are expected to fall going ahead, giving a fillip to the road building industry.
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Another round of investments will also have to come about in Indian public sector refineries after the current wave of BS-VI compliance measures are taken
8And that will be to convert HDFO to LSFO.
8Typically refineries have invested in “sulphur removing units” called desulphurization units for higher value adding products such as gasoline and diesel.
8Refineries will have to invest in “residue desulphurization” units to convert HSFO to LSFO.
8However these units are highly capex intensive and would take 3 to 4 years to come online.
8Hence most Indian refineries will miss the bus and will have to do with improvement of systems for now before gearing up for the heavy investments.
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Deloitte has dubbed the D1-D3 and MA fields to be economically unviable as of now
8This is on account of low gas prices, decline in production rates and high fixed operating costs
8Find out more on how steeply output has fallen from the block
8The FPSO contactor for these fields is until September, 2018
8How long will the RIL-BP duo keep these fields operational?
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Pakistan has made a tall claim that it has the lowest contracted LNG price in the world
8Juxtaposed against India's highest landed price for LNG
8Find out more on this intriguing contradiction
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If you are an ambitious Indian E&P EPC company or an equipment supplier, where are the global business opportunities going ahead in the future?
8The website carries here a full list of global opportunities, including contractor details where subcontracts are possible
8The opportunities tabulated are for midstream and gas development programmes
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   Details
Bharat Petroleum to soon appoint new director Finance
8Find out more on why this particular IOC director is so keen to resign
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Details
RIL has hired McDermott International as an EPC contractor for the R Series Subsea Field Development
8This will include a subsea tieback to the existing control and riser platform of the D-6 block
8But here is also additional scope to the contract
Click on Details for more Details
8Project Name: Refinery Brownfield Expansion Project
8Project Cost: Rs 3900 crore
8Project Event: RFQ for electrical work is expected by July 2018.
RFQ for the erection and instrumentation work is expected by September 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Jul/2018
8Release Date: Aug/2018
8Start Date: Jan/2017
8Completion Date: May/2019
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Details
8Project Name: Greenfield Natural Gas Pipeline
8Project Cost: Rs 1800 crore
8Project Event: RFQ for EIA consultant is expected by August 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Aug/2018
8Release Date: Sep/2018
8Start Date: Q2:2018
8Completion Date: Q2:2022
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8Project Name: Greenfield Natural Gas Pipeline Project
8Project Cost: Rs 4000 crore
8Project Event: RFQ for PFR consultant is expected by August 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Aug/2018
8Release Date: Sep/2018
8Start Date: Q2:2019
8Completion Date: Q2:2022
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Details
For reference purposes the website carries here the following tenders:
8Supply of Coated/ Uncoated Pipes on firm requirement basis Details
8Supply of Column/ Tower Carbon Steel for GTU Project for refinery Details
8Hiring the services to carry out Pipeline Row Exposure Repair Works Details
8Back Pressure Valve Installation and Removal Tools Details
8Hiring of Services for loading, transportation, offloading and stacking of Drilling Rig materials Details
8Supply of ERW Line Pipes Details
8Providing Wheel Loader, Tipper and Excavator with operator Details
8Supply of Plates as per Specification Details
8Carrying out Marine Geo technical Investigation Details
8Hardware Security Module with AMC Details
8Fabrication and Supply of 210 Ltr MS Lube Barrels Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8160 biomass processing plants to come up: Manpreet Details
8Spurious oil sold in Hindustan Petroleum bottles, three booked Details
8GLOBAL MARKETS-Asian shares dogged by trade worries, oil keeps gains Details
8Rotterdam says "considerable" fuel oil spilled in harbour Details
8Govt's plan to hedge crude oil price risk hits bureaucratic wall Details
8Cumbersome process may hit city gas licensing Details
8Brent oil prices drop 2 percent as traders expect output rise after OPEC deal Details
8Centre plans 25 per cent greenhouse gas emission cut by 2020: Minister Details

8Inside: India's big gas push Details
8How rosy is the outlook for Indian Economy? Details
8Meet on Assam oil, gas yield Details
8$60 a barrel ideal oil price for India as it will bring investments: HPCL Details
8OPEC’s decision not to over-comply on productions cuts to help India grapple with high prices Details
8
US Sanctions Loom: Iran oil – India to go back to payment in rupees Details
8Next on agenda: Easier filing, bringing in petroleum items under GST Details
8World gathers in Vietnam to tackle climate change challenges Details
8OPEC and non-OPEC monitoring committee to look at oil output increase: Kuwait Details
8US oil, gas industry emits 60 pc more methane than thought: Study Details
8Government defers oil, gas field auction by a month Details
8Amid trade war, India offers to buy 1,000 planes, more oil from US Details
8First new all-electric mine dumps diesel; cuts costs, pollution Details
8Mozambique's natural gas-fuelled future threatened by jihadists Details
8Algeria's forex reserves fell by $7.3 billion in Jan-May - PM Ouyahia Details
8Cause of Iowa derailment, oil spill amount still a mystery Details
8Estimated 230,000 gallons of oil spilled in derailment: BNSF official Details
8OPEC, non-OPEC oil producers to jointly boost crude oil output Details
8Opec reaches deal to raise oil output by 1 million bpd from July Details
You can also click on Newsclips for more
Details
8Requirement of new cooling towers in an existing thermal power station : Find out the project owner.
8A Unit of thermal power station has been shut and not due to mechanical failure : Find out why
Click on details
Details
8Project Name: Thermal Power Plant - FGD Addition
8Project Cost: 800 crores
8Project Description: Owner along with consultant is omgoing for preparation of the feasibility report for installation of the flue gas desulphurisation units (FGD) in the 1000 MW thermal power plant in order to comply with new environmental norms. Further RFQs are expected soon.
8Project Event: RFQs for supply, installation, erection and commissioning of FGDs are expected by August 2018.
8Expenditure Approval: 2016
8RFQ Date: Aug/2018
8Release Date: Aug/2018
8Start Date: Q1:2020    
8Completion Date: Q4:2021
Click here for more information

8Project Name: Thermal Power Station - Mobile Dry Sorbent Injection (DSI) system package
8Project Cost: 300 crores
8Project Description: Promoter is planning the installation of a Mobile Dry Sorbent Injection (DSI) system package in the 500 MW thermal power complex. Further bid is expected soon.
8Project Event: RFQs for design, engineering, supply, installation and commissioning of a mobile dry sorbent injection (DSI) system package are expected by the Q4 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Q4:2018
8Release Date: Q4:2018
8Start Date: Q2:2019    
8Completion Date: Q4:2020
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8Project Name: Greenfield Hydroelectric Power Project
8Project Cost: 3900 crores
8Project Description: Owner is involved in land acquisition for a 250 MW greenfield hydroelectric power station. Tenders for civil works will kick off only after obtaining the clearances.
8Project Event: RFQs for civil works are expected by the August 2018.
8Expenditure Approval: 2014
8RFQ Date: Aug/2018
8Release Date: Aug/2018
8Start Date: Q3:2019
8Completion Date: Q2:2023
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8Project Name: Thermal Power Brownfield Project
8Project Cost: 8000 crores
8Project Description: Owner has the financial institution for funding the brownfield 660 MW super-critical thermal power plant in the existing premises thermal power complex. EC report has been prepared and expected to be submitted to the MoEF in the next 2-3 months. Further bids are expected soon.
8Project Event: RFQs for topographical survey and geo-logical investigations at the site are expected by the July 2018.
 RFQs for civil works, piling and foundation works for boiler and turbine are expected by August 2018.
8Expenditure Approval: Aug/2018
8RFQ Date: Jul/2018
8Release Date: Jul/2018
8Start Date: Q2:2020    
8Completion Date: Q3:2025
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8Project Name: Thermal Power Station Maintenance Project
8Project Cost: 5 crores
8Project Description: Promoter has planned a 25-day scheduled maintenance in the 1200 MW thermal power station. The mandatory work includes overhauling of ID and FD fans, replacement of boiler pressure parts, replacement of seals, among others.
8Project Event: RFQs for required equipment are expected by the July 2018.
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8Project Name: Thermal Power Plant Expansion Project
8Project Cost: 6000 crores
8Project Description: Owner is going on with construction activities of a super-critical plant in the existing 2000 MW thermal power complex. Further bids are expected soon.
8Project Event: RFQs for material handling and transportation of FGD equipment to the site is expected by the mid of July 2018.
8Expenditure Approval: 2014
8RFQ Date: 17/Jul/2018
8Release Date: 20/Jul/2018
8Start Date: 2014
8Completion Date: Q4:2018
Click here for more information Details
Had GAIL had the foresight to hire international talent for its gas buying and trading arm, the going could have perhaps been smoother for the gas major.
8Some of the intractable problems that GAIL is facing now could have been better answered had it hired talent with international experience.
8There would have been someone to point out that depending upon a single arbitrage model -- between the US and India -- was too risky in the first place and that it needed to have had a diversified arbitrage portfolio if it wanted to be in the global gas buying business.
8Yet others would have given the gas major a different set of advisories on whether it needed to have an LNG shipping fleet of its own.
8Still more would have provided more choices than what is available now on what to do with its LNG cargos from the US.
8The problem however is that Indian oil and gas majors do not have a policy of hiring international talent as the salary structures do not fit into the stratified system that is already in place.
8So what eventually happens is that a bright and earnest executive director or a general manage from the corporate office is put in charge of critical decisions on which the officer has little or no experience.
8There are many examples of wrong decision making. 
8Responsibility is diffused in Indian public sector oil companies and there is no one there to take the blame when things go wrong. 
8One of the suggestions in a recent policy paper is for oil companies to be given the freedom to hire global talent and pay a premium for it.
8Whether the government is going to follow through on the suggestion remains a moot point. Details
8Mining Lease approval expected by this month
8Essar Oilfield Services will do the work
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Details
The website carries here a detailed investigation of the two emerging trends in the LNG market that GAIL has not been able to take advantage of, as a consequence of which it has been forced to look at bringing the bulk of the US LNG commitments to India, the only market is is familiar with.
8One is the point to point asset specific sale of LNG, which GAIL is familiar with, and the other is an integrated production, supply, trading and marketing (ISTM) sales strategy that GAIL has not been able to come to grips with.
8The ISTM approach allows for both spatial (optimization between different locations) as well as temporal (optimization between different time frames) flexibilities.
8The latest data carried here by this website will show that all the big names with equity LNG are already heavily into the portfolio business as part of their ISTM strategies, with portfolio deals stretching well into the future.
8GAIL, an equity holder for 5.8 MMTPA of LNG out of the US, seems to have missed the portfolio bus almost entirely.
8Except for placing a small quantity of LNG on a long term basis, the Indian gas major has not been able to push its way through in this highly sophisticated and competitive market.
8GAIL's approach so far has been one dimensional and ham handed and GAIL seems to have been both out gunned and out maneuvered. 
8GAIL has been reactive when it should have been proactive. All it really does is to float an international tender to swap or sell its LNG commitments, much the same way as it does when ordering for a spot cargo India, and then wait for someone to respond.
8But as the Indian gas major waits for a response, more agile players would have already tied up the business.
8It is too late for GAIL to learn the tricks of the trade, as it requires a sophistication of approach and specialized manpower that the company lacks.
8Given the volatility of the market, earlier GAIL would have taken a hit by supplying the Indian market and, in a panic mode, it went and tied up all its cargoes to third parties, only to find out that it did not have enough left to send to India or elsewhere in Asia when the arbitrage turned favourable.
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Details
The ham-handed manner in which GAIL has tackled opposition to the construction of its pipeline network out of the Kochi LNG terminal can become a business case study of how not to bungle up a pipeline project.
8The initial reaction of GAIL to farmers opposed to the laying of the pipeline through their lands was to handle it as an operational or even a law and order problem
8When that did not work, it took to legal recourse
8When the state government suggested a way out, the gas major refused to cooperate
8Instead what GAIL should have done was to create a congenial environment for fruitful stakeholder interactions.
8The company's brass had consistently deployed officers who were good at implementing pipeline projects but not at stakeholder conciliation. The goodwill therefore never got generated.
8An outreach campaign came too late in the day.
8The website carries here a template of how pipeline companies usually manage stakeholder conflict and how GAIL did it all wrong
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Details
Unbundling GAIL has been a cause of much debate and friction in India
8Should the unbundling process be gradual or quick?
8While apologists have their reasons and whether or not open access measures eventually result in an efficient actively competitive natural gas market is the final proof of whether mechanisms for unbundling have been successful or not. 
8What is more, the unbundling process is of great importance, and depending on the extent to which unbundling takes place, it can be split into different categories
8The reform of the natural gas market is a long-term and difficult process, requiring a particular political environment, relevant infrastructure and associated government policy.
8India is way behind in the process
Find out more bout how to unbundle the gas major. Click on Report for more   Details
Ammonia-Urea Energy Saving Project        
8Cost - Rs 481 Crore
8Project Event: The basic engineering study is not started yet and discussion for the purchase of equipment is ongoing and tender is likely to be released July 2018
Click here for more information  
SSP Expansion Project 
8Cost - Rs 15 Crore
8Project Event: The proposal for an environmental clearance is likely to be elicited in July 2018. Discussion process for selection of EPC contractor is ongoing and RFQ for a contractor is likely to be released in August 2018.
Click here for more information
Details
Benchmarked against the Japan Korea Marker (JKM)  prices, US LNG exporters are currently earning estimated profit margins of almost $4/MMBtu.
8This is because of elevated crude linked LNG contract prices juxtaposed against Henry Hub priced  US cargoes
8That profit calculation — which includes gas feedstock and transport costs, shipping, Panama Canal and terminal fees — typically reaches above $3/MMBtu only during the elevated-demand months of winter.
8Given this rising differential, when GAIL should be capitalizing on its, what is the Indian gas major doing with its LNG cargoes from the US still remains a big mystery?
8An investigation is necessary to understand how GAIL is dealing with its cargoes in an increasingly sophisticated and commoditized LNG market.
8Is it happy merely pushing its offtake liability on to someone else instead of dirtying its hands with direct client supplies? Is it fully leveraging the arbitrage opportunities now available?
8GAIL is a high volume long-term offtakers of US LNG without an attendant back-to-back vessel feeet. There is no doubt that a domestic shipyard lobby sabotaged an attempt by the gas major to have its own captive fleet by insisting on a local content clause.
8How handicapped has GAIL become without its ability to leverage its own shipping fleet? What will it do when the shipping market demand-supply balance turns negative as is widely anticipated by 2019-20?
8These and other attendant questions require immediate answers.
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Dynamic US LNG suppliers are well positioned to capture value in an increasingly commoditized LNG space, with their upstream supply chain already well founded in the highly liberalized North American gas markets.
8With ample access to financial risk products on the supply side, US LNG exporters can hedge their upstream risk and take advantage of price differentials in downstream
markets.
8Should the market move against a US exporter, they can simply unwind the trade into the domestic market and settle their downstream commitments with spot LNG purchases.
8The point is does GAIL have the sophistication of approach or the wherewithal to go deep enough into the LNG market?
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US LNG coming into Asia is likely to run into a massive barrier beginning 2020
8This will significantly reduce the competitiveness of US cargoes, bringing down the hefty margins noticed now
8This will perhaps force GAIL and other suppliers to concentrate in the European markets where cargoes have to compete with cheap Russian pipeline imports
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Mobile pipelines are making a big splash in India.
8What are they and how do they work in pushing LNG sales
8Find out more on how new technology is changing the landscape
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   Details
Indian companies do not have the wherewithal to withstand the dramatic convolutions in the offshore services market.
8Here is the example of one company whose stars rose when the market was riding high
8But heavy losses over the last few years have got the company down on its keens
Click on Reports  for more Details
8Project Name: Oil Field Development
8Project Cost: Rs 1300 crore.
8Project Description New: Owner's RFQs for the hiring of a drilling rig for development Drilling and Production programme in Assam are expected soon. Moreover, the owner is also expected to release the RFQs for an EPC contract for the production installation.
8Project Event New: RFQs for hiring drilling services are expected by October 2018.
RFQs for hiring an EPC contractor are expected by October 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Oct/2018.
8Release Date: Dec/2018.
8Date: Nov/2019
8Completion Date: Dec/2021
Click here for more details for key contacts
Details
8Project Name: Oil Field Development
8Project Cost: Rs 300 crore
8Project Description: Owner's RFQs for the hiring of an EIA consultant for exploratory drilling of 05 wells are out. RFQs for a rig mobilization and hiring of Oilfield services viz. Casing pipes, Drilling pipes, Drill bits, Cementing (Cement, Cementing Chemicals and accessories), Oil Field Chemicals are also expected soon.
8Project Event: RFQs expected by October 2018.
RFQs for the rig mobilization services are expected by Q1 2019.
8Expenditure Approval: Q4/2017
8RFQ Date: Oct/2018
8Release Date: Dec/2018
8Start Date: Nov/2019
8Completion Date: Dec/2021
Click here for more details for key contacts
Details
8Project Name: Greenfield Gas Pipeline Project
8Project Cost: Rs 2500 crore
8Project Description: The owner has hired a PMC contractor to lay a natural gas pipeline with a capacity of 16 MMSCMD and length of 362 Km.
8Project Event: RFQ for the terminal work is expected by September 2018.
8Expenditure Approval: Q2:2016
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q1:2017
8Completion Date: Q4:2020
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Details
8Project Name: Bulk Grid Power Import Project
8Project Description: Owner is setting up a 220 KV switchyard and station.
8Project Event: RFQ for the material supply for switchyard equipment is expected by August 2018.
RFQ for the construction and erection work is expected by October 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Aug/2018
8Release Date: Sep/2018
8Start Date: 2019
8Completion Date: 2021
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Details
8Project Name: Pipeline Expansion
8Project Cost: Rs 5159 crore
8Project Event: RFQ for Geological survey is expected by August 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Aug/2018
8Release Date: Sep/2018
8Start Date: Q1:2019
8Completion Date: Q1:2021
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For reference purposes the website carries here the following tenders:
8Procurement of HFHSD for Eastern Offshore Asset Details
8Hiring of O&M Services for HVAC Systems at Offshore and Onshore facilities Details
8Procurement of Toluene for Surface Team Details
8Hiring of Seismic Job Service for 3D Seismic Survey Details
8Supply, Transportation and Installation of Mild Steel ROU Marker along pipeline ROU of pipeline network Details
8Supply of Vibration Monitoring System spares Details
8Preliminary Works and NDT for Statutory Testing of Mounded LPG Storage Vessels Details
8Mechanical Seal Spares of CRU Critical Pump at refinery Details
8Periodic testing of underground LPG storage vessels Details
8Supply of Fasteners at refinery Details
8Miscellaneous support services such as repair of Minor leak point/ Pilferage Point and maintenance of RoW Identification facilities Details
8Supply of Complete Dry Gas Seals for FIMA Compressor Details
8Carrying out In-situ Sludge Processing Details
8Supply of Mainline Centrifugal Pumps for VDPL Project Details
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For reference purposes the website carries here the following Newsclips:
8Bio-CNG plants in rural India soon: Pradhan Details
8Timely execution of Central projects critical to North East economic development: Vijay Goel Details
8Iran's approval will be key as Opec edges closer to raising oil output Details
8Crude oil production drops 3% in May Details
8Oil falls as OPEC nears deal to raise production Details
8Indian Oil facing increased cost pressure due to crude oil spike Details
8Higher oil supply acceptable if justified by demand and agreed by all OPEC - source Details
8OPEC strives for new deal as Iran still wary of output hike Details

8Stepping on the gas: China's home-built fracking boom Details
8OPEC edges closer to raising oil output, Iran's agreement is key Details
8China to reduce U.S. oil imports post-Sept amid trade spat - sources Details
8India's crude oil production dropped 3 per cent in May on lower ONGC output Details
8Oil prices rise on uncertainty ahead of Opec meeting Details
8
U.S. energy industry's methane gas emissions underestimated by EPA -study Details
8Australia says no longer faces natural gas shortfall before 2030 Details
8Foreign investments of Ratan Tata-linked RNT Associates under lens Details
8OPINION: Oil price will be driven by consumers rather than OPEC Details
8Oil options show bulls and bears on edge over OPEC meet Details
8
Why is today’s OPEC meeting important for India? Details
8Oil falls as production hike turns likely Details
8ONGC’s natural gas segment to do well as gas prices rise Details
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8Maintenance contractor in a 500 MW thermal power station : Find out the project owner and the requirement.
8Financial crunch on a major hydropower projects : Find out the consequences Details
A slew of proposals for direct connectivity by big bulk consumers to the Petronet LNG Ltd's Dahej gas terminal has forced existing third party gas suppliers to demand a complete change of tariff laws.
8A demand has been made for abandoning existing Zonal Transportation Tariff recovery methodology.
8Instead the plea is for introduction of an absolute distance based tariff, whereby the transportation tariff is recovered from customers per km distance basis from entry point to exit point.
8Clearly the suppliers are facing the squeeze as the current tariff structure favour the laying the dedicated captive pipelines.
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Subsea umbilicals provide a range of disparate functions that cannot be completely eliminated or replaced.
8But companies can elicit substantial commercial benefit from simplifying umbilical functions, as well as from their partial removal.
A range of new technologies have begun to be deployed of late and among them are:
8Power: subsea power distribution (SPD) systems to simplify power umbilicals and subsea power generation and/or subsea energy storage to remove the connection altogether.
8Hydraulics: removing hydraulic-power and barrier-fluid needs from all-electric equipment, e.g., electric actuators and pumps that do not require barrier fluids (“topside-less”).
8Communication: subsea wireless communication (SWC) as a means to rationalize expensive infield and tieback communication and power lines.
8Chemical injection: flowline heating by active thermal management (ATM) reduces the need for flow assurance chemicals by heating production lines. Subsea chemical storage & injection (SCSI) systems can eliminate the need for chemical umbilicals by moving storage and boosting systems for all chemicals near to the well subsea.
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These technologies would need to be supported with the use of additional highly innovative systems. For example, edge-computing technologies are being developed to move analytical function subsea and reduce the demands on bandwidth and latency by using communication links to send “information” rather than raw data.
8Artificial Intelligence could also reduce the amount of data to be transferred and enable the implementation of subsea automated safety instrumented functions, therefore relaxing latency requirements.
8At the lower end of the technology readiness level spectrum lie technologies such as Subsea chemical storage & injection (SCSI) systems
8Implementing SCSI would reduce dependency on umbilical chemical lines, which typically make up a large proportion of an overall umbilical cross section and weight.
8However, this technology is only possible when supporting technologies are implemented, to reduce the volumes of chemical needs and flow rates. For example, supporting technologies such as active thermal management and digital optimization of chemical injection to reduce the required chemical volumes can make SCSI viable.
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Petroleum product consumption registered a growth of 3.4% during May 2018 and a cumulative growth of 3.9% during April-May 2018.
8Last year during May 2017 a consumption growth of 6.9% and cumulative growth of 4.9% during period April-May 2017 was registered.
8LNG import for the month of May, 2018 was 2260.1 MMSCM which was 16.4 % higher than the corresponding month of the previous year.
8Both production of gas and crude oil were below target for the month.
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8Project Name: Oil Field Development
8Project Cost: Rs 1500 crore.
8Project Description New: The owner's RFQs for the drilling rig for Onshore Oil & Gas Development Drilling and Production programme iare as per schedule and are expected soon.
8Project Event New: RFQ for the drilling rig, equipment, and oilfield chemicals are expected by October 2018. TOR for the project has also been granted.
 RFQ for hiring an EPC contractor for production installation and pipeline network are expected by November 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Oct/2018.
8Release Date: Dec/2018.
8Date: Jan/2020
8Completion Date: Dec/2022
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8Project Name: Oil Field Development
8Project Cost: Rs 150 crore
8Project Description: Private operator's RFQs for development of an oil field in Cambay are expected soon. However, a slight delay is expected in project implementation on account of some financial issues with the a fellow PI holder. The new date for start of drilling for the project is expected to Q1 2019 and may continue up to mid-Q3 2019. The equipment requirements will be casing pipes, drill bits, slick line and wireline services. Further RFQs are expected shortly.
8Project Event: RFQ for hiring equipment and wireline services is expected by September instead of July 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q1/2019
8Completion Date: Q3/2019
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8Project Name: Oil Field Development
8Project Cost: Rs 650 crore
8Project Description: The Promoter is planning  development drilling of 29 wells in an onshore Block. Promoter owned electrical type rigs are proposed to be deployed for undertaking drilling activities. The application for obtaining environment clearance for the project has been recently applied after making amendment in some drilling locations. The equipment required for the project will be casing pipes, drilling pipes, drill bits, Blow out Preventer (BOP), cementing services, drilling fluid services and other oilfield chemicals. Further RFQs are expected shortly.
8Project Event: RFQ for the equipment and oilfield chemicals are expected by Q3/2018. 
8Expenditure Approval: Q1/2015
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: April/2019
8Completion Date: Dec/2021
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Details
Workover project coming up in an Upper Assam Basin
8The exploration work was done in  2015-16
8The Promoter is planning to fast track the projects to arrest its declining output
8RFQ expected by Q4:2018
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