RIL's contract for the FPSO Dhirubhai-1 deployed in the KG Basin MA field is expiring in September, 2018
8Will RIL exercise its purchase option for $225 million at the end of the charter?
8Or will it get an extension?
8There is no clarity yet, and for now, it is available for hire after September
Click on Reports for more Details

Overland trading of petroleum products with Bangladesh and Myanmar makes economic sense.
8But the infrastructure at the trading points remains abysmally poor.
8The website carries here a comprehensive review of this lack of infrastructure and how it will take many years for substantial overland trading to take place
Click on Reports for more Details

There is a likelihood of gas coming under the 18% GST regime
8How will the GST regime impact the PNG, CNG and the industrial gas markets?
8All three of them will be differentially affected
8Then again, the effective tax rates on gas as of now differ for each CGD company.
8Some will benefit more than the others
8Also know more about interstate taxation regimes that are currently in vogue
Click on Reports for more Details

You ain for the skies so that you can land on the treetops
8That seems to be the adage of every pipeline company looking for an upward revision of tariff
8Eventually, tariffs which are handed out are only a fraction of those sought
8Know more about two such pipelines, where owners are asking for far more than they deserve
Click on Reports for more Details

8Project Name: Desalination Unit
8Project Cost: Rs 400 crore.
8Project Description: Owner's RFQs for the hiring of an LSTK contractor for a Sea Water Reverse Osmosis Desalination Project are expected shortly. The capital approval for the project is however still pending.
8Project Event New: RFQs for hiring an LSTK contractor is expected by September 2018.
8Expenditure Approval: Q1/2016
8RFQ Date: Sep/2018.
8Release Date: Nov/2018.
8Date: Q2/2019
8Completion Date: Q1/2021
Click here for more details
8Project Name: Offshore Cluster Development
8Project Cost: Rs 1400 crore
8Project Description: Owner's RFQs for hiring of a drilling rig for 48 well exploratory drilling in 13 ML Blocks of Western Onshore Basin, Gujarat are already out. Currently the tendering for drilling fluid is also going on.
8Project Event: RFQs for the equipments and oilfield chemicals are expected by September 2018.
8Expenditure Approval: Q3/2016
8RFQ Date: Sep/2018
8Release Date: Nov/2018
8Start Date: Jun/2019
8Completion Date: Dec/2021
Click here for more details Details

8Project Name: Refinery Greenfield Gasoline Hydrotreating Unit (BPCL)
8Project Cost: Rs 600 crore
8Project Description: The ownwer along with the PMC contractor is carrying out engineering activities to install a new Gasoline Hydrotreating Unit (GTU).The dismantling of existing NSU and CRU units were completed in May 2018 to make way for new constructions. The 3D model review is almost 90% completed. Bulk material and all major equipment have already been ordered and heater package work has been awarded. Moreover civil & structural work, Out Side Battery Limit (OSBL) mechanical work, is in progress.
8Project Event: RFQ for the Inside Battery Limit (ISBL) mechanical work is expected by September 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q1:2017
8Completion Date: Q1:2020
Click here for more details for key contacts
8Project Name: Gujarat Greenfield 2G Bio-Ethanol Refinery
8Project Cost: Rs 600 crore
8Project Description: The owner along with licensor Praj Industries Limited is planning to construct an ethanol plant based on the DBT-ICT 2G Ethanol technology developed indigenously
8Project Event: RFQ for EPC contractor is expected by September instead of July 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: 2019
8Completion Date: 2022
Click here for more details for project configurations and key contacts
8Project Name: Refinery Modernization Project (VRMP)
8Project Cost: Rs 21000 crore
8Project Description: The owner along with PMC contractor and licensor Honeywell UOP is carrying out engineering activities to expand the capacity  Larsen & Toubro Limited is appointed as the EPCC contractor for the Crude Distillation and Vacuum Distillation Unit. RFQ for the LSTK contractor for VGO Unit and Hydrogen Unit is already out and tendering process is going on. 
8Project Event: RFQ for the equipment for the VGO Unit and Hydrogen Unit is expected by September instead of July 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Sep/2018
8Release Date: Oct/2018
 Start Date: Q2:2017
 Completion Date: Q2:2020
Click here for more details for key contacts and other details Details

For reference purposes the website carries here the following tenders:
8Supply of Liquid Epoxy Coating at HMRB pipelines Details
8Supervisory Services during O/H of Reciprocating Compressors at refinery Details
8Erection, Installation and Allied Electrical Works for New North Substation of Refinery Details
8Modification of Cryogenic Pipelines Details
8Procurement of E02 Condenser Details
8Supply of Fresh Catalyst for Hydrocracker Unit at refinery Details
8Supply of Bottom Cracking Additive for CCU in refinery Details
8Procurement of Reservoir Simulation software, Preprocessor and Post-processor for Oil and Gas Exploration and Production Details
8Procurement of Economic Analysis Software Details
8Corrosive properties test apparatus to determine the corrosive properties of gasoline and distillate fuels that are transported through pipelines Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Must ‘keep to macro stability path to ride out turbulence’ Details
8India, Bahrain make pharma a key area of cooperation Details
8Reliance vs PSUs: Battle for ATF pipelines in Mumbai hots up Details
8U.S. crude oil boom delivers surprise for traders - and it's costly Details
8Can petrol, diesel prices be made same for four wheelers: SC asks Centre Details
8U.S. drillers leave crude oil rig count unchanged - Baker Hughes Details
8US expected to become world's top crude oil producer next year Details
8Is the government in a pre-election haste to revamp environmental laws? Details
8University of Houston signs MoU with Indian Institute of Petroleum and Energy Details
8Norway oil strike set to escalate: no compromise talks planned Details
8Four engineers kidnapped from Libyan oilfield, two released Details
8South Korea's June crude oil imports drop lowest since Jan 2015 Details
8ONGC to be taken on board for rerouting gas pipelines passing from Surat airport Details
8Are you a piped gas user? Your monthly bill is set to get cheaper. Read how Details
8Oil prices dip as markets eye potential supply increases Details
8Norway oil, gas union widens six-day drilling rig strike Details
8Natural gas, ATF in GST this week? Details
8China economic growth slows to 6.7% in second quarter Details
8China willing to invest $3 bln in Nigerian oil operations -NNPC Details
810 new biogas plants to put Delhi’s waste to good use, cut landfill fires Details
You can also click on Newsclips for more Details

8Do not expect the current oil price fall to continue as the underlying sentiments are all bullish. Despite the output hike by OPEC, spare capacity is getting eroded. Click on Report  for more.
8In the midst of the trade war between China and the US, what is the global freight outlook? Find out more click on Report  .
8Know more about why new investments are required not just in fresh LNG capacity but across the entire gas infrastructure chain. Click on Report  for more.
8A study of energy consumption patterns and environmental impact in residential segments of Indian cities come out with some startling facts. Click on Report  for more.
8The range of electric cars in terms of miles it can travel under one charge has been going up, know more click on Report.
8If you are involved with the pipeline industry, do not rule out Bangladesh. The ticket sizes of new pipelines in the country are small compared to India but there is ample opportunity and the competition is not all that intense, unlike in India. Click on Report  for more.
8The PNGRB is pushing ahead with the controversial unified tariff proposal. Know more click on Report.
8Russia is willing to take up the gauntlet thrown by US sanctions on Iran. Will Russian companies gain an edge over their western counterparts as a result in cornering Iran's lucrative oilfield contracts? Meanwhile, the US seems to be hardening its stand on Iran, and the chance of relaxations for Indian crude prices is now looking less likely. Click on Report  for more.
8Where is the Adani-Indian Oil Ltd relationship headed. Get a status update here. Click on Report  for more.
8Find out how South Asia LPG Company has been forced to open market access to its LPG terminal facilities to others. Click on Report  for more.
8The climate change lobby continues to be at work: Know more about why a case is being made out for financial institutions to stay away from fossil fuels. Click on Report  for more.
8Corporate sector Power Purchase Agreements for renewable power is the new fad., know more click on Report.
8Know more about how the opening up of cross border electricity trading will help tap the region's big rivers to generate a huge amount of hydroelectric power. Click on Report  for more.
8Indian Oil's single point mooring systems: Get an overview click on Report  .
8Find out how the new PNGRB chief is hastening the award of CGD contracts. Click on Report  for more. Details

Gas penetration levels in big cities served by CGD companies is a good indicator of how much latent demand is there to cater
8The website carries here an estimate of such demand in Mumbai
8The penetration is low, and the uptake can be big.
8What holds true for Mumbai also holds for Delhi.
Click on Reports  for more Details

Australia holds out a lot of opportunity for energy cooperation not just at the bilateral level but at the level of the corporate and individual.
8Which are the key opportunity areas where entrepreneurs can set in?
8Which segments allow for a larger play of opportunities
Click on Reports  for more Details

Now that the urea unit had shut down due to economic and not technical reasons, what is the way forward?
8Will the DOF help in its revival?
8Or will it just let the plant idle while importing higher volumes of urea
Find out more on what is going on  Details

ONGC has given orders to place global equipment and service supplier Halliburton under suspension.
8This was done because of the submission of fake data in an ongoing contract, whistleblower sources told this website
8The blacklisting followed an alert by a whistleblower, who pointed out the anomaly in the data submitted by Halliburton during the bidding process.
8Find out more on what really caused the blacklisting?
Click on Details for more Details

 Halliburton was contacted by this website for a reaction to the news of blacklisting.
8Houston based Director of External Affairs Emily Mir was quick to respond.
8Find out what the global equipment and service supplier had to say.
Click on Details for more
   Details

8Project Name: Greenfield POL Pipeline Project
8Project Cost: Rs 175 crore
8Project Description: The owner has hired an EPC contractor and mainline pipes for this project has already been procured and delivered on site. Awards have already been given out for the PLC-based control system and fire alarm detection system in April 2018.
8Project Event: RFQ for the welding and lowering work is expected by September 2018.
8Expenditure Approval: Q1:2016
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q2:2017
8Completion Date: Q4:2019
Click here for more details
8Project Name: Refinery BS VI Greenfield Project
8Project Cost: Rs 3000 crore
8Project Description: The owner along with the EPCM contractor and licensor UOP/Axens is carrying out engineering activities to construct following new units: DHDT of 2200 KTPA, HGU of 44 KTPA, SRU of TPD, ARU of 189 TPH and SWS unit of 56.7 TPH along with the revamping of existing DHDS unit from 700 KTPA to 1000 KTPA for the proposed BS–VI Quality Up-gradation as well as the Capacity Expansion of the PX / PTA in the existing premises of its refinery. 
8Project Event: RFQ for the instrumentation erection work is expected by September 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q2:2017
8Completion Date: Q1:2019
Click here for more details
8A New POL terminal Is coming Soon- Find Out The Owner:
8The owner is planning to install a grassroot POL terminal with a capacity of 80000 KL. The cost is estimated for this project is approx 470 Crores and completion will be by October 2020.
Click on Details for more Details

8Project Name: Offshore Development
8Project Description New: The private operator is currently in process of tendering fora Mobile Offshore Drilling Unit for its offshore field development. The rig will have an option of using it as a Mobile Offshore Production Unit (MOPU) as well. 
8Project Event New: RFQs for hiring an EPC contractor for laying subsea pipeline are expected by October 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Oct/2018.
8Release Date: Nov/2018.
8Date: Q4/2018
8Completion Date: Q3/2020
Click here for more details Details

Energy Saving-cum- Ammonia-Urea Expansion Project   
8Cost - Rs 540 crore
8Project Event: Tender for critical equipment were released in February 2018. Technical evaluation is ongoing for the long lead items, and the process will be completed at the end of July 2018. Construction work is likely to be started in Q1 2018.
Click here for more information
SSP Fertilizer Greenfield Project    
8Cost - Rs 90 Crore
8Project Event: RFQ for an LSTK contractor iwas released in March 2018 and evaluation process is ongoing, and it is likely to be finalized by the end of July 2018. Tender for the equipment is likely to be released in August 2018.
Click here for more information
Annual Shutdown Maintenance Project  
8Cost - Rs 30 Crore
8Project Event: Tender for a registered Annual Maintenance Contract is likely to be released in October 2018.
Click here for more information Details

8Project Name: Greenfield Pumped Storage Project
8Project Cost: 2000 crores
8Project Description: Owner has submitted an application to the district forest officer level for the forest clearance of a 800 MW Pumped Storage Plant. Further bids are expected soon.
8Project Event: RFQ for EPC contractor is expected to be floated by the Q4 2018, instead of Q2 2018.
8Expenditure Approval: Q1:2019
8RFQ Date: Q4:2018
8Release Date: Q4:2018
8Start Date: Q3:2019   
8Completion Date: Q4:2023
Click here for more information
8Project Name: Super Thermal Power Maintenance Project
8Project Cost: 10 crores
8Project Description: Promoter has planned a 47-day scheduled capital overhaul in the 4000 MW thermal power plant. The project envisages overhauling of ESP and air pre heater basket replacement. The mandatory job includes repair of gas distribution screens, removal of damaged supporting frame including support pipes, supply of new basket for air pre heater, jet cleaning after installation of new basket, among others.
8Project Event: RFQs for capital overhaul are expected by the August 2018.
Click here for more information
8Project Name: Greenfield Pumped Storage Project
8Project Cost: 6340 crores
8Project Description: The owner is going to hire consultant for the preparation of DPR for a 2500 MW pumped storage hydro power project. Tenders for the same is expected soon.
8Project Event: RFQs for a consultant for preparation of the detailed project report are expected by September 2018.
8Expenditure Approval: Q4:2018
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: Q2:2020
8Completion Date: Q3:2025
Click here for more information Details

The other climate-change argument is while revolutionary new decarbonization technology has already hit the power, industrial buildings and transport sector, it has not touched the industrial sector.
8The industrial sector accounts for 25% of all global emissions
8Almost 45 percent of industry’s CO2 emissions result from the manufacturing of cement, steel, ammonia and ethylene
8Breakthrough technology is now changing the game for these industries too
8How quickly can Indian industry adapt to these changes?
Click on Reports Details

How is the oilfield equipment and services industry faring now that oil prices have begun climbing up?
8Overall, quarterly revenue is down by 4.1 percent for for OFSE companies, the first quarter-on-quarter decrease since Q3 2016
8But this decline is entirely on account of the poor performance of the EPC segment
8The squeeze on day rates is ongoing, despite higher crude prices
8The point to note however is that all areas except EPC are delivering revenue growth over the same quarter the previous year.
Click on Reports for more Details

After the initial enthusiasm over funding start-ups, the public sector oil and gas companies seem to have gone quiet on business diversification attempts.
8When oil prices were down, there was much talk of acquiring smaller outfits that are doing innovative energy related work, with at an eye towards the future.
8The website carries here examples of how very large oil and gas companies are now looking at alternative technologies.
8There was recent acquisition for a mere Rs 15 crore by an oil & gas super giant of a energy use monitoring company which can track the use of electricity in individual household or industrial equipment.
8Clearly, no investment is too small to secure a future where fossil fuel will be less important
8There are lessons here for Indian companies
Click on Reports for more Details

8Seven big fertilizer units which are using coal for fuel and power seems satisfied with coal as their cost of production is low as compared to gas-based plants. 
8Fertilizer plants which have coal-based captive power plants incur a low running cost, as well as production cost.
8Also, find out if units are willing to switching to gas or not, despite disincentives in the fertilizer policy Details

After President Trump's ascent to power, the climate-change lobby is on the back foot but nevertheless, supported by an increasingly assertive renewable energy industry, there is still a lot of research being thrown up against the oil & gas industry.
8There is now a cogently argued assertion that gas cannot be considered as a "transition fuel" any more if Paris targets are to be met. Their arguments are :
-- There is no room for gas if decarbonization targets are to be met
-- New gas is holding up the growth of the renewable and not the coal industry
-- Gas is not needed for a transition to a cleaner world
-- New gas infrastructure is only locking in investments
-- There is too much gas already even to replace coal and no new gas fields must be developed
Comment: This is clearly a doomsday scenario painted by the climate-change adherents but oil & gas policy makers must read the main arguments -- for some of them make for logical reading -- to keep their perspective right. In the throes of high GDP growth and rapid expansion, it is always necessary not to lose track of what is beyond the horizon as of now. The future can be with us sooner than we anticipate. There is no going away from the fact that while the cost of fossil gas remains at near historic lows today, the finite nature of fossil fuels signals that it is unlikely to get cheaper, in fact, quite the opposite. But for solar and onshore wind, cost reductions of 62 percent and 48 percent respectively are projected by 2040. Solar and onshore wind will become “the cheapest bulk generation almost everywhere by 2023.”. What is more, India today has the lowest solar and wind energy cost in the world. Details

8Project Name: Floating Production Storage and Offloading Unit
8Project Cost: Rs 7000 crore
8Project Description: ONGC's tendering process for the charter hiring of a turret moored FPSO for KG-DWN-98/2 Project Cluster-2 is currently going on. However, ONGC has again extended the bid submission date for FPSO to 25th July.
8Project Event: Bidding process is expected to end by 25th July.
8Expenditure Approval: Q2/2016
8RFQ Date: Jan/2018
8Release Date: Jul/2018
8Start Date: Q2/2020
8Completion Date: Q2/2029
Click here for more details on more about the three contenders in the race. Ancilliary support services for the FPSO will have to be given out of India. Details

For reference purposes the website carries here the following tenders:
8Supply of LRC and LRVP Seal Spares at refinery Details
8Supply of Gas Detection Tubes Details
8Supply, Installation, commissioning and demonstration of Digital Oil Test Centrifuge Details
8Supply of Line Pipes Details
8Supply and Refilling of Spot Leak for Odorizing Units Details
8Sleeving jobs in cross country multiproduct pipeline MDPL RBPL RBhPL Details
8Supply of Structural Quality Plates for Tank in refinery Details
8Hiring of agency for Carrying out EIA Studies and obtaining EC from MoEFCC and NOC & CCA from GPCB for various Onshore Blocks Details
8Fabrication and Installation of MS-Cage at well heads/ X-mas Tree at various Onshore Blocks Details
8Hiring of Consultancy Services for Surveys and Land Acquisition on call-out basis at various Onshore Blocks Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Gas retailing bids: RIL-BP JV seeks licence for 15 cities, IGL 13 Details
8Petrol, diesel prices hiked for sixth consecutive day Details
8Petrobras may partner with Total on wind, solar power in Brazil Details
8Iraq extends bid deadline for Kut oil refinery project Details
8Kazakhstan's oil output rises 6.2 per cent in first half of year Details
8Fuel prices to start falling in three years, says Mexico president-elect Details
8Irregular fuel tax levy results in Rs 1,893 crore loss for TN Details
8Hapag-Lloyd CEO says cutting costs as fuel prices rise Details
8Canadian oil executives downplay severity of transportation bottlenecks Details
8Romania raises taxes for Black Sea natural gas production by companies Details
8Maharashtra: Opposition forces CM to soften stand on Nanar refinery Details
8Adani top contender among 400 bids for city gas business licences Details
8PNG licence auction for 86 areas sees over 400 bids from companies Details
8Oil falls after U.S. softens stance on Iranian sanction waivers Details
8Hundreds of Norway oil workers go on strike, Shell shuts Knarr field Details
8Italian oil major Eni pulls out of race for RTR solar power assets Details
8Britain launches North Sea frontier oil, gas licensing round Details
8Trump replacement for Obama climate plan moves forward Details
You can also click on Newsclips for more Details

A gap between spot LNG prices and long-term oil-linked LNG contracts is expected to emerge soon.
8Spot prices are expected to stay below $6/mmbtu going ahead, increasing the gap with long-term contract prices
8Find out when and how this trend is emerging
8Also know more on why even crude indexed gas prices may not follow an upward trajectory beyond a point.
Click on Reports  for more   Details