8Project Name: Oil Field Development 8Project Cost: Rs 400 crore 8Project Description: The Promoter is planning the development of an onshore field. The onshore block has been awarded to the company under the Discovered Small Fields Round in 2016. Currently, the project is in the planning stage. The Field Development Plan (FDP) of the block has been submitted and is awaiting approval from the ministry. The project involves drilling of 5 wells and laying of infield pipelines. The drilling rig for the project will be hired on EPC basis for undertaking drilling activities. The equipment required will be drill pipes, casing pipes, drill bits, x-mas trees, blow out preventer, directional drilling services, cementing services and drilling fluid services. Further RFQs are expected shortly. 8Project Event: RFQ for the hiring of equipment and oilfield chemicals is expected by Q1:2019. RFQ for the hiring of an EPC contractor for drilling services and pipeline installation is expected by Q1:2019. 8Expenditure Approval: Q1/2018 8RFQ Date: Q1/2019 8Release Date: Q1/2019 8Start Date: June/2020 8Completion Date: Dec/2021 Click here for more detailsDetails
NPK Fertilizer Greenfield Project 8Cost - Rs 1517 Crore 8Project Event: RFQ for EPC contractor was floated in February 2017 and price bid has been opened, Finalization is due in August 2018 only due to delay in the evaluation. The tender for equipments are likley to be released in September 2018. Click here for more information Ammonia-Urea Energy Saving Project 8Cost - Rs 347 Crore 8Project Event: EOI has already been released for an LSTK contractor in November 2017 and NIT has not been floated yet, and it is likely to be floated at the end of July 2018 due to delay in the specification and evaluation. Click here for more information Ammonia-Urea Annual Maintenance Project 8Cost - Rs 30 Crore 8Project Event: Tender for a registered maintenance contractor is likely to be released in September 2018. Click here for more informationDetails
For reference purposes the website carries here the following tenders: 8EOI for Hiring of Services for Obtaining Statutory Clearances for Export Gas Pipeline Details 8Providing Consultancy Services for Plant Cost Estimation of various Process Units under Refinery Expansion ProjectDetails 8AMC for software for piping stress analysisDetails 8Annual Rate Contract for Maintenance of Cathodic Protection and Mainline System Details 8Supply of Complete Rotor Assembly in refineryDetails 8Supply of Compressor Spares for refineryDetails 8Annual Maintenance Contract for Civil Works for 2018-19 Details 8Engagement of Consultant for Consultancy/ Engineering Services for Various O&M related jobs in Pipeline Network Details 8Procurement of Spare Flow Computer as major spares for GREP & LPG Details 8ARC for Statutory Inspection of Pressure Vessels ,Lifting Tools and Tackles and Health Monitoring of Plant PipingsDetails 8AMC for HVAC System installed at MCR and Technical building of Compressor StationDetails 8Carrying out COD operationDetails 8Operations and Maintenance for 50 Nandghars and linking women to sustainable livelihood & economic empowerment opportunitiesDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Natural gas, jet fuel may come under GST ambit, which companies will benefit? Details 8Robust policy mechanism: Only way govt can get pvt capital for Indian infra Details 8ONGC board gives nod to explore group restructuring options - Report Details 8Oil price biggest risk for Indian economy: Moody's survey Details 8India looks to engage with US on Iran curbs Details 8India plans to negotiate with US on oil imports from Iran Details 8Can India "Trump" US sanctions on its own? Details 8Asian energy giants hedge US LNG buying spree with European dealsDetails 8Chevron starts sale of several North Sea oil and gas fieldsDetails 8Essar Oil UK’s net profit falls by 4% in FY18 to Rs 1,037 crore due to refinery turnaround Details 8Trans-Adriatic Pipeline gas project set to get loan approval, say sources Details 8No fuel tax cut, will stick to deficit target: Jaitley Details 8BP offloads 1 mn barrel of Angolan oil to Chinese refiner after 2 months on water: Sources Details 8Air conditioning could add to global warming woes: Study Details 8Exclusive: Japan's Inpex delays production from giant Australia gas project Details 8Saudi Aramco plans to change Asia crude oil price formula Details 8Enbridge to sell some businesses to Brookfield Infrastructure Partners Details 8Mexico's new govt will honor oil contracts if they are clean-top aide Details 8UK lawmakers oppose plan to remove local role in fracking decisions Details 8India expecting US to get in touch with it over sanctions on Iran Details 8Rouhani says US has not thought about consequences of Iran oil ban Details 8Delhi notifies list of fuels permissible for industrial use Details 8Oil prices fall as Trump demands OPEC "reduce pricing now" Details 8Green Climate Fund meeting 'disappointing', chief quits Details 8Explorers resume oil, gas search as prices perk up Details 8Industries given 90 days to switch to approved fuels Details 8HPCL may use mix of shares, cash and oil bonds to buy MRPL Details You can also click on Newsclips for moreDetails
8Project Name: Greenfield Thermal Power Project 8Project Cost: 5000 crores 8Project Description: Owner has been granted environment clearance for a 660 MW coal based thermal power plant. Further bids are expected soon. 8Project Event: RFQs for an EPC package are expected by September 2018. 8Expenditure Approval: Q4:2017 8RFQ Date: Sep/2018 8Release Date: Sep/2018 8Start Date: 2020 8Completion Date: 2024 Click here for more information 8Project Name: Super Thermal Power Maintenance Project 8Project Cost: 5 crores 8Project Description: Promoter 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 August 2018. Click here for more information 8Project Name: Thermal Power Station : FGD Addition Project 8Project Cost: 300 crores 8Project Description: The owner is planning to install an Flue Gas Desulphurization Unit (FGD) for a 2000 MW thermal power complex in order to comply with environmental norms. Tenders for the same are expected soon. 8Project Event:RFQs for hiring a consultant for site survey and preparation of feasibility report is expected by the end of July 2018. 8Expenditure Approval: 2017 8RFQ Date:27/Jul/2018 8Release Date:29/Jul/2018 8Start Date:Q4:2019 8Completion Date: Q3:2022 Click here for more informationDetails
The power minister's recent call for hydel and gas based power plants to fill in the gap in the face of rising demand and shortage of coal makes for an interesting study. 8He has called upon hydel and gas based generators to help out but warned that these two categories of generation should only be used for peaking and not base load requirements. 8Does this mean that there will be a higher offtake of gas based power, which ordinarily falls off the merit order dispatch system because it is expensive? 8Clearly, the government seems to be unprepared for the upsurge in demand and the shortage of coal. 8Was the emphasis on renewable power at the cost of conventional generation a little misplaced? 8Even though India has an outstanding record in creating solar and wind power, integration of all power sources and flexibility in conventional power generation haven't elicited the attention they deserve. 8What are the best practices in integration? Click on Reports to know more on what needs to be done going ahead.
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RIL and ONGC have been included for the first time in a group of highest emitting global oil & gas companies who are looking at climate change as a management issue. 8The categorization is in terms of either being unaware, aware and acknowledging and then trying to build capacity to handle climate change and the segmentation is on whether they are integrating climate change policies into their operational decision making. 8There are a set of 16 comparable benchmarks 8Find out how the two companies figure Click on Reports for more
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Are India's vast network of pipelines and terminals running efficiency enough? 8Is there a common way to bench mark their efficiencies across different companies against global benchmarks. 8Are there yardsticks available for reliability, as well as capital and maintenance expenditure? 8Are cash and operating expenditures comparable? Click on Reports to find out more
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If you are looking for jobs, head to the renewable energy sector 81.3 million jobs are to be created by 2022 in India in this segment. 840,000 new jobs will be created in 2017-18 itself, the figure was 29,000 people last year 8There was an exponential jump. 8In comparison, the oil sector is a very poor employer Click on Reports for more
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Nayara Energy Ltd, the erstwhile Essar Refinery, has set up a retail footprint across several states in India. 8The fact that the government held steady in refusing to enforce control on end fuel prices means that these outlets are going to stay for now. 8The website carries here a geographical profile of Nayara's retail outlets across the key states in which they are present Click on Reports for more
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The oil marketing companies have embarked on a massive bio fuel expansion plan. 8But globally a debate continues to rage over the use of bio fuels and whether they in fact help bring down carbon emissions. 8Opinion has swung from one end to the other and back. The jury is still out. 8Regulatory controls are likely to come in, even in a country like India, as environmental concerns grow. 8Policies will move rapidly and bio fuel companies may find themselves in a corner. 8Find out more on what is going on with the bio-fuel industry and where is it headed. 8Which feedstocks will eventually pass muster? 8And is it too early to bet big on the bio fuel industry? Clearly the future remains uncertain as of now. For more click on Reports .
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With IMO 2020 standards just two years away, the Indian shipping industry faces a Hobson's choice. 8Other fuels are emerging as alternative options to low sulphur fuel oil, including LNG. 8The cost of adoption is going to be high for an industry already in deep crisis. 8Should scrubbers be used instead. "No", seems to be the consensus 8Different segment-wise options will have to be explored. 8What will be the cost of switching to low sulphur fuels? No accurate estimates are available yet Click on Reports for more
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Bangladesh has embarked on a massive drive to raise expensive LNG-based power capacity. A $1.2 billion LNG-based 800 MW power plant is just coming up as also a few others. Where is the funding for such mega projects really coming from? 8The neighbour's power infrastructure is radically different from that of India, as around 30% of its capacity runs on furnace oil and diesel, making LNG a viable option. 8Hydro power and coal make up just 2% and 1.8% of the country's total production. 8The rest of it is all dependent on gas. In the face of rapidly dwindling gas production, Bangladesh has little option but to go in for LNG, first to replace expensive liquid fuel capacity and then to fire existing gas based capacity that is fast running out of domestic gas. 8There are Indian companies eying the gas markets in Bangladesh but they need step in carefully 8The website carries here the project economics of LNG based power in Bangladesh, its viability and its long term sustainability. 8Clearly, power is eventually going to be expensive in Bangladesh and can the country really afford such power? Click on Reports for an answer.
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8Project Name: Greenfield Product Pipeline Project 8Project Cost: Rs 700 crore 8Project Description: Owner along with the PMC contractor is continuing construction of the pipleine. 8Project Event: RFQ for the horizontal directional drilling two segments is expected by September 2018. 8Expenditure Approval: Q2:2016 8RFQ Date: Sep/2018 8Release Date: Oct/2018 8Start Date: Q2:2017 8Completion Date: Q4:2020 Click here for more details 8Project Name: Greenfield POL Terminal Project 8Project Cost: Rs 700 crore 8Project Description: The owner is planning to install a new greenfield Petroleum, Oil, Lubricants (POL) terminal with a capacity of 1.5 MMTPA. Major equipment required are: Boil-off gas compressor, Gas engine generator, Pumps, Compressors, Line pipe, Loading/unloading arms, Loading racks, Couplers, Strainers, Hoses, Meters, Blending equipment, Emergency shut down valve, Grounding protection, Plates, Vapor recovery system, Heating coils, mixers, Gangways, Cranes, Derricks, Davits, gantry equipments, Hoists, Foam generators, Foam monitors, PLC, SCADA, HC detectors, Level gauges. 8Project Event: RFQ for the PFR consultant is expected by August 2018. 8Expenditure Approval: Q2:2018 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Q1:2019 8Completion Date: Q3:2021 Click here for more details 8Greenfield LPG Plant coming up 8The owner is planning to install a greenfield LPG plant with a capacity of 180 TMTPA. Total cost for this project is estimated at about Rs 250 crore. Commissioning is anticipated in late Q2,2020. Click on Details for key contacts Details
We have brought in a new project into our database. 8Project Name: Oil Field Development 8Project Cost: Rs 4000 crore 8Project Description: The project involves drilling of 100 wells up to a depth of 5550 m. Drilling will be done on EPC basis for undertaking drilling activities. The equipment required will be drill pipes, casing pipes, drill bits, x-mas trees, blow out preventer, directional drilling services, cementing services and drilling fluid services. Further RFQs are expected shortly. 8Project Event: RFQ for the hiring of equipment and oilfield chemicals is expected by Q4:2018. RFQ for the hiring of an EPC Contractor for drilling services is expected by Q4:2018. 8Expenditure Approval: Q1/2018 8RFQ Date: Q4/2018 8Release Date: Q4/2018 8Start Date: Apr/2020 8Completion Date: Dec/2023 Click here for more detailsDetails
Exploratory drilling project for Shale Gas & Oil: RFQs in October, 2018 8G&G evaluation has been completed 8Targeted depth will be 2000 m 8Coring Rig will be hired Click on Details for key contacts and project information
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For reference purposes the website carries here the following tenders: 8Supply of Electronic Transmitters Details 8Design and Commissioning of Electrical Heat Tracing System including Pipeline Insulation for Process Pipelines in refineryDetails 8Procurement of On-Off Ball Valves at refineryDetails 8Procurement of Infrared Thermal Imagers at refinery Details 8Supply of Clamp on Ultrasonic Flow meter for DCU-I and DCU-IIDetails 8Procurement of Gas Turbine sparesDetails 8Supply of Corten Steel Plates and MS Plates Details 8Supply of Ammonia for a period of one year Details 8Supply of Poly ISO Butylene Details 8Hiring of Direct Marketing Agency for PNG Domestic RegistrationDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India tops global pollution deaths of 9 million a year: Study Details 8Solar power to run world’s highest LPG bottling plant in Leh Details 8Saudi, Russian energy ministers agree continued oil market coordination Details 8Malaysia's Petronas buys first ever US oil cargo, due in Sept: Sources Details 8Brazilian Petrobras suspends major asset sales after justice's decision Details 8COLUMN-U.S. motorists react to rising gasoline prices: Kemp Details 8Greece awards Exxon, Total tenders for Crete oil and gas exploration Details 8Anil Agarwal faces shareholder resistance to $1 billion Vedanta bidDetails 8US demands Glencore documents to check on corruptionDetails 8UAE energy minister says ready to help alleviate any oil supply shortage Details 8India's MRPL buys first Iraqi Basra Heavy crude from Shell - sources Details 8Global crude oil prices climb on tightening U.S. market Details 8Iran's Rouhani hints at threat to neighbours' exports if oil sales halted Details 8Emerging markets contagion: Inflation targeting reins in outflows Details 8Prepared to work with nations that are reducing oil imports from Iran: United States Details 8Investors exiting is no surprise Details 8China-India ‘oil buyers’ club’ to challenge OPEC monopoly could be a game-changer Details 8Venezuela's declining crude exports squeeze India's refiners Details 8HC stays single judge order asking Government to extend oil contract with Vedanta Details 8High oil price the biggest risk for India’s economy: Moody’s investors poll Details You can also click on Newsclips for moreDetails
8Project Name: Greenfield Super Thermal Power Station 8Project Cost: 15000 crores 8Project Description: Owner is going on with the construction activities in a 1980 MW greenfield super-critical thermal power plant. Further bids are expected soon. 8Project Event: RFQs for the balance of plant (BoP) package are expected by the August 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Aug/2018 8Release Date: Aug/2018 8Start Date: Q2:2019 8Completion Date: Q3:2023 Click here for more information 8Project Name: Greenfield Super Thermal Power Project 8Project Cost: 15000 crores 8Project Description: Promoter along with BTG and ESP contractor is carrying out the construction activities in a 1320 MW greenfield super-critical thermal power plant. Further RFQs are expected soon. 8Project Event: RFQs for procurement of mobile crane and crane of capacity 30 MT and 20 MT respectively are expected by the end of July 2018. RFQs for the supply, installation, erection and commissioning of a flue gas desulphurisation unit (FGD) are expected in the August 2018. 8Expenditure Approval: Q1:2013 8RFQ Date: 25/Jul/2018 8Release Date: 28/Jul/2018 8Start Date: Q3:2013 8Completion Date: Q3:2019 Click here for more information 8Project Name: Thermal Power Station : FGD Addition Project 8Project Cost: 820 crores 8Project Description: The owner is planning to install a Flue Gas Desulphurization Unit (FGD) for a 2300 MW thermal power complex in order to comply with environmental norms. Tenders for the same are expected soon. 8Project Event:RFQs for design, supply, engineering, construction and commissioning of FGD are expected by the end of August 2018. 8Expenditure Approval: Q2:2017 8RFQ Date:Aug/2018 8Release Date:Aug/2018 8Start Date:Q3:2019 8Completion Date: Q1:2021 Click here for more informationDetails
Petroleum minister Dharmendra Pradhan has done some good work in the petroleum ministry. 8He has figured out, eventually, that everything can only run smoothly if there is a further delegation of power. 8The minister has convinced the cabinet to delegate the decision making for all exploration related issues, including award of contract for new acreages, to the ministry itself. 8He finally realized that delegating powers away from himself is also as important and he did devolve some financial powers down the line to the DGH last week. 8But he can do more. 8All politicians love power and Pradhan is surely no exception to the rule. In fact, the amount of centralization seen in the ministry is probably as bad as in a dictatorial regime. The whole system in the vast ministry slows down dramatically as a file proceeds from the DGH to the ministry, climbing slowly up the serpentine ladder, from the desk of the deputy secretary onwards to the minister. 8The biggest service he can do to the industry is to make the DGH a statutory body, with a technical arm, which can stay affiliated to the ministry or if that is not possible, the Center for High Technology can plug that gap. 8Pradhan is nearing the end of his tenure as the petroleum minister and, in the political roulette game subsequent to the general election, we may not see him back in the seat in Shastri Bhavan, even if the BJP is able to claw back into power. The job can go to a power ally of the BJP. 8Keeping this context in mind, he must look for a place in history rather than quibble over small administrative matters. Further empowering the PNGRB, freeing up the DGH and splitting up GAIL to liberalize the Indian gas sector are areas where he needs to bring in more reforms. And he has the power and clout to do it. 8Subir Raha was unceremoniously fired by Murli Deora, but ONGC built a museum not in the name of Deora but Raha because of the far reaching changes he brought about in the E&P giant.. 8Pradhan however will not go through the ignominy that Raha was subjected to, and though a museum will never be named after him, he can still leave a mark for posterity by pushing the envelope a little more than he has done so far. Click on Reports for more
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While demand goes up, new deliveries of mobile offshore units are also going to move up over this period but at a slower pace than the increase in demand 8Nevertheless, the increase in new deliveries is significant and is likely to keep a lead on rates. 8What will then be required is the scrapping of older offshore units for the market to regain equilibrium 8The historical average annual delivery for offshore vessels for the period 2005-15 is 579 units 8The figure in 2018 is expected to be a mere 275 units but an improvement over 2017. Juxtaposed against that is the fact that less than a 100 mobile units are to be contacted against the historical average of 550 units annually. 8Clearly, a lot of backlog needs to cleared before day rates start moving rapidly northwards Click on Reports for more
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The upswing in orders for mobile offshore units has begun. 82018 is projected to be higher than 2017 and the upswing strengthens after 2018. The website carries here a break-up of different types of vessels and how they are projected to go up right until 2024, and the The data is given for: 8Survey vessels 8Mobile drilling units 8Construction vessels 8Mobile construction units 8Mobile production vessels 8Logistical units 8AHTS vessels 8PSVs 8Rescue and salvage units 8Utility support vessels Click on Reports for more.
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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 and the last date for bid is extended from 28 June to 6 July 2018. The tender for the ammonia-urea plant is extended from 21 May to 30 July 2018. Click here for more information Ammonia-Urea Brownfield Project 8Cost - Rs 6000 Crore 8Project Event: The purchase of major equipment and services is ongoing and NIT for Inert Gas Generation Unit has been released and its bid closing date is 30 July 2018Details
8Maintenance contractor in a 840 MW thermal power station : Find out the project owner. 8NTPC to acquire a stressed 720 MW thermal power station : Find out more Click on detailsDetails
The last month saw a flurry of activity in the petroleum ministry. A lot got done 850% of the stake in Ratnagiri refinery has been sold. And that is no mean achievement given that India had not been able to woo the Gulf countries to take a stake in an Indian refinery for the past few decades. 8A PPP format for strategic reserves is another big step forward and so was the successful partnership for filling up one underground cavern with foreign-owned crude oil. 8Among the other achievements is the successful conclusion of discovered rounds and OLAP, though critics can argue that foreign companies ignored these rounds altogether unlike in the past. CGD bidding is expected to cover a large swathe of India. 8Over the last few years, the government has also been successful in extracting political capital out of its LPG outreach scheme though its impact and reach are still being debated. 8Despite huge political pressure, the government stood its ground and decided not to roll back fuel price reforms. 8But as petroleum minister, many would say that Pradhan has been unsuccessful in his primary task, and that is to raise domestic production of oil & gas. In over more than four years, his track record is less than satisfactory. He did try to goad ONGC and OIL to push for more, but eventually, he could go only so far and no more. One of his big failures is his inability to push up gas production by going for low hanging fruits such as bringing the Daman development project to fruition. What the project is heading into is a scam of sorts which may need further investigation. 8The fact that the deadline for the KG-DWN-98/2 development is not going to be met and delays can be as high as 15 to 24 months is a cause for deep worry. ONGC messed up on the initial development model and by the time it realized that it was a mistake --of not allowing contractors to come up with the best design and implementation model and then selecting one and handing over a contract to it to put it together -- the timelines spun out of control. 8Another big mistake was for the government to allow the domestic ship building lobby to sabotage GAIL's attempt to build a dozen LNG ships. As the LNG vessel market tightens, GAIL may have to end up paying a high price for not having a captive fleet to offtake its US LNG commitments. 8Pradhan still has enough time to make up for the mistakes of the past. What he needs to do is speed up his to-do list of things if he really has to leave a mark as a petroleum minister.
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For E&P equipment and service suppliers, we have inputed two new projects in our database. Jac-Up rig RFQ in Q-4, 2018 8Project Name: Oil Field Development 8Project Cost: Rs 3000 crore 8Project Description: The Promoter is planning exploratory drilling of 39 wells in PEL Offshore Blocks. The targeted depth of the wells shall be up to 4700m. The project locations will be drilled by using a Jack-up Rig which will be hired on EPC basis. The project requirement will be Drill Pipes, Drill Collars, Drill Bits, Casing Pipes, X-mass trees, Blow Out Preventer (BOP), Cementing services, Drilling fluids services and other oilfield chemicals. An EIA consultant has already been hired for the project. Further RFQs are expected shortly. 8Project Event: RFQ for the hiring of equipment and oilfield chemicals are expected by Q4:2018. RFQ for the hiring of Jack-up Rig is expected by Q4:2018. 8Expenditure Approval: Q4/2017 8RFQ Date: Q4/2018 8Release Date: Q4/2018 8Start Date: Apr/2020 8Completion Date: Dec/2023 Click here for more details Rs 350 crore exploration drilling programme: RFQs also in Q4, 2018 8Project Name: Oil Field Development 8Project Cost: Rs 350 crore 8Project Description: The Promoter is planning exploratory drilling of 7 wells. Application for Petroleum Exploration License (PEL) for carrying out exploration work has been submitted to the state government and grant of the same is awaited. The promoter has completed the Environment Impact Assessment (EIA) studies. A part of the block falls under a Reserve forest area and is awaiting approval of Forest Clearance from MoEF. Promoter owned drilling rig is going to be deployed for undertaking drilling activities. The equipment required for the project includes casing pipes, drilling pipes, drill bits, x-mass trees, blow out preventer, cementing services, mud engineering services, and other oilfield chemicals. Further RFQs are expected shortly. 8Project Event: RFQ for the hiring of an EPC contractor for pipeline installation is expected by Q4:2018. RFQ for the hiring of equipment and services is expected by Q4:2018. 8Expenditure Approval: Q1/2015 8RFQ Date: Q4/2018 8Release Date: Q4/2018 8Start Date: Jun/2020 8Completion Date: Dec/2022 Click here for more detailsDetails
8Project Name: Greenfield LNG Terminal Project 8Project Cost: Rs 1800 crore 8Project Description: The owner is planning to install an LNG Floating Storage and Regasification Unit (FSRU) with a regasification capacity of 5 MMTPA. Major equipment required are: Boil-off gas compressor, High-pressure LNG pump, Gas engine generator, Tube LNG vaporizer with air heater and submerged combustion LNG vaporizer, Pumps, Compressors, Line pipe, Jetty lines, Loading/unloading arms, Loading racks, Couplers, Strainers, Hoses, Meters, Blending equipment, Emergency shut down valve, Grounding protection, Plates, Vapor recovery system, Heating coils, mixers, Gangways, Cranes, Derricks, Davits, gantry equipments, Hoists, Foam generators, Foam monitors, PLC, SCADA, HC detectors, Level gauges. 8Project Event: RFQ for PFR Consultant is expected by July 2018. RFQ for the FEED work is expected by September 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: Sep/2018 8Release Date: Oct/2018 8Start Date: Q1:2019 8Completion Date: Q3:2021 Click here for more details 8Equipment maintenance contractor needed The owner is planning to float a bid for a maintenance contract for natural gas pipeline for a tenure of five years. Click on Details for key contactsDetails
8Project Name: Greenfield Petroleum Storage Depot 8Project Cost: Rs 300 crore 8Project Description: The owner is planning to install a Petroleum Storage Depot with a capacity of 55060 KL. A slight delay has occurred in the selection of the EPC contractor due to environment clearance issues. Major equipment required are: Boil-off gas compressor, Gas engine generator, Pumps, Compressors, Line pipe, Jetty lines, Loading/unloading arms, Loading racks, Couplers, Strainers, Hoses, Meters, Blending equipment, Emergency shut down valve, Grounding protection, Plates, Vapor recovery system, Heating coils, mixers, Gangways, Cranes, Derricks, Davits, gantry equipments, Hoists, Foam generators, Foam monitors, PLC, SCADA, HC detectors, Level gauges. 8Project Event: RFQ for an EPC Contractor is expected by August instead of July 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Q4:2018 8Completion Date: Q4:2021 Click here for more detailsDetails
For reference purposes the website carries here the following tenders: 8Supply of Valves as per tender specifications Details 8Supply of Hydrocarbon Gas DetectorsDetails 8Supply of Pipe Fittings as per tender specificationsDetails 8Coat and wrap Refurbishment work under Northern Region Pipelines Details 8Procurement of Flow Tees for Pipeline ProjectDetails 8Procurement of Insulating Joints for Pipeline ProjectDetails 8Carrying out Pre-Project Electrical Works Details 8Service Contract for Testing and Inspection of Storage Tanks Details 8Procurement of MPLS-TS for Cavery Basin Details 8Spares for Process Monitoring SystemDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8NRL becomes first oil PSU to introduce online legal compliance Details 8India has 'Plan D' for Iran oil as Trump adds sanction pressure Details 8India's plans to float 'Oil Buyers Club' with China to cut OPEC's dominance Details 8Iran oil: Sushma Swaraj to take a call on India’s stance Details 8NRL becomes 1st oil PSU to introduce online legal compliance Details 8Gadkari renews calls for alternate fuels as oil on the boil Details 8Oil falls as OPEC output rises, more production planned Details 8Importing LNG to Australia's southeast faces cost hurdles - governmentDetails 8Eight core industries grow at 3.6% in May vs 4.6% in AprilDetails 8ONGC board gives nod to explore group restructuring options Details 8Vedanta chairman's family trust agrees to buy rest of company Details 8Oil rises on Libya force majeure, but demand slowdown holds back market Details 8South Korea turns to Kazakh CPC oil as U.S. sanctions on Iran loom Details 8OPINON: Hedge funds continue selling oil, especially fuels Details 8Rhode Island sues major oil companies over climate change Details 8Taiwan agrees preliminary LNG purchase deal with U.S. producer Details 8Argentina to free retail fuel prices in August Details 8China carbon emissions in retreat after 'structural break' in economy Details 8Corruption rampant in LPG cylinder supply in Akiveedu Details 8MRPL-HPCL merger among options: ONGC board gives in-principle approval to restructuring Details 8ONGC Videsh may decide on investment plans in Iran after India-US meet Details You can also click on Newsclips for moreDetails
8The world seems to have abandoned nuclear power. Can it make a comeback with new technology and fuel? Click on Report for more. 8How will the macro economics look going ahead with the winding down of an era of “low” crude prices. Click on Report for more. 8The weakening of currencies is not restricted to India but has been witnessed by many economies. But for India, the impact is hard. Click on Report for more. 8Crude prices have stabilized at higher levels and the fear of a roll back in fuel prices has receded but oil marketing companies aren't out of the woods yet. 8What is the US attempting to do in Iran? They are looking for a regime change, says an analysis. Click on Report for more. 8Get the latest global maritime security risk here. Click on Report for more. 8South African giant Sasol is involved in the Mozambique E&P business. Know more click on Report. 8The negative rating on Great Eastern Energy Corporation Ltd has been withdrawn. Click on Report for more.
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Numaligarh refinery is awaiting government sanction for a Rs 20,000 crore refinery. 8It has sought an excise duty concession, capital subsidy and big set of incentives from the state government to ensure project viability. 8Even though the company remains hopeful of a sanction, there are many, including this website, who are skeptical about investing in a subsidy-driven refinery in the North East of India. 8When last heard, a 6 MMTPA refining capacity was sought to be built with a stiff doze of capital subsidy and an excise duty relief running up to a whopping Rs 8400 crore a year! The figures have since been fine-tuned to make them more platable but yet they will be unacceptably high. 8When the refinery is expanded, most of the the extra capacity will only cater to demand originating outside of the North East. The industrial climate in the region is poor and it is unlikely that enough demand for petroleum products will be created there to keep a 9 MMTPA refinery going. There are three other refineries already operational in Assam and jostling for market share. Then again, what is the point of importing crude via a pipeline all the way from the East Coast, and then taking finished products back, perhaps for the same distance to the mainland through a pipeline that will run parallel to the one importing crude? 8The question that immediately comes to mind is why is the government entertaining such a preposterous demand. The only plausible answer is that the Modi led BJP government may see it as a sop to the industry-deficient and militancy ridden North East of India. This was exactly the logic on which the existing refinery was set up when Rajiv Gandhi signed the Assam Accord with the agitating All Assam Students Union in 1984. 8But a lot of a water has flown down the Brahmaputra since then. It is stagnating crude production from the Assam fields that has prompted BPCL, Numaligarh's mother company, to suggest a 1,350 km crude import pipeline all the way from Paradip to feed the refinery expansion. It is also a well established fact that a state-of-art refinery employs very few people and the Numaligarh refinery per say had little or no economic linkages with the rest of Assam's economy. More so, as no refinery related ancillaries have come up in Assam. 8Bangladesh and Myanmar are meant to be target markets for the Numaligarh refinery when its refinery capacity expands. The question is should a subsidised Indian refinery be selling petroleum products to a neighbouring country or to its own people? 8It is also a myth that Numaligarh can help sell Indian petroleum products in Myanmar. The route to Myanmar is long and torturous, and traverses difficult, militancy ridden terrain. A pipeline will be unviable given low offtake in areas bordering India and the fragile border roads will not be able to take the load of tankers ferrying MS and HSD from the plains of Assam to the Burmese border. 8Numaligarh refinery enjoys a 50% excise duty concession on its existing capacity and its GRM was an incongruous $31/bbl in 2017-18. Excluding the excise relief, the GRM came to $11/bbl. In this context, there is absolutely no reason for grant of any kind of concession to the refinery. 8If anything, the BJP led local government should lobby with the centre that the concession that was meant to be granted to the refinery be pumped back as cash into the state to build schools and hospitals and spruce up its dilapidated infrastructure. 8It is however to be noted that all central governments become a little weak-kneed when it comes to dealing with the North East. Manmohan Singh, before he demitted office, forced GAIL to set up a subsidized petrochemical cracker unit in Dibrugarh, in the easternmost foothills of the Himalayas. The central government continues to foot its capital and fuel subsidy bills. 8The Numaligarh refinery proposal may still elicit a sanction from New Delhi but that will be for the wrong reasons. Click on Reports and Details for more. Details
8Companies around the world have modified their facilities to accept U.S. ethane. And RIL has built an import terminal an ethane pipeline, and ordered the construction of six very large ethane carriers (VLEC) to transport ethane to India.. Each such vessel is capable of transporting over 800,000 standard barrels of ethane, with on average two of these ships loading at Morgan’s Point in US every month. 8RIL's main intention of using ethane is to produce ethylene, which in turn is the feedstock for petrochemicals, and it does so by replacing natural gas with ethane. 8A close look at US ethane prices relative to gas from 2013 onwards will reveal that RIL's decision to switch to imported ethane was taken at a time when ethane prices had remained consistently lower than gas prices. 8In fact the gap was widest around 2014-15 when RIL took the decision. 8But ethane is now exuding a worrying higher price relative to gas, expect in early 2018 when gas prices shot up temporarily. Ethane prices are currently at an all-time high. 8The website carries here a list of ethane-based petrochemical plants in the US as well as in China which will keep demand high enough for ethane prices to stay above natural gas prices for more time to come Click on Reports for moreDetails
Find out more on the dynamics of global ethane demand and supply and their implications for RIL. 8In the gas vs. ethane debate, especially when both are imported into India, is the sunk cost of building an ethane delivery chain an advantage or a disadvantage for RIL? 8Gas is far more fungible than ethane, as its production will have to stay in sync with demand, particularly on account of the need for a captive evacuation system. 8On the other hand, the core economics of producing petrochemicals from ethane continues to remain attractive in relation to gas. 8The fact that Chinese companies are continuing to build capacities based on imported ethane is a vindication of RIL's strategy. But all this new capacity will continue to keep ethane prices high for the foreseeable future. Click on Reports for moreDetails
Among the many segments that L&T currently operates in, the biggest chunk of business is still cornered by the hydrocarbon division. 8But it is the Indian hydrocarbon business that gives the company the momentum? 8Find out more on how this engineering giant is carving out a bigger niche than others for itself in this segment. Click on Reports for more
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If anyone were to invest in the Indian offshore solar business, it will have to be the oil & gas industry. 8There are lots of synergies here but the status of offshore power remains uncertain as of now and no one knows how the cost economics is going to work out eventually. 8But blueprints have built right up to the pre-FEED level for 150 to 500 MW demonstration projects Click on Reports to know more
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Indian ship operators will have to choose their preferred compliance strategies to comply with new low sulphur emission norms set by the IMO, a decision with far-reaching operational and financial implications to . 8There is no one-size-fits-all solution on the table; scrubbers, LNG, and “hybrid” fuels are all realistic options, but most vessels are expected to default to using 0.5% marine gas oil (MGO) and blends, at least initially. 8Fuel availability and high price volatility will ensue from January 2020 8The number of non-compliance cases, especially because of insufficient tank cleaning at bunker facilities and on board ships, is likely to be rather high Click on Report for more
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The manoeuvring space for tanker owners is full of challenges these days. Rates are low, competition is tough, and constantly changing regulations must be accommodated. 8In today’s competitive environment, the choice of fuel is clearly an important factor. 8Find out how a big drop in building cost has caused a spate of orders for VLCCs. Overall, low-prices have pushed the order book of crude and product tankers (over 10k dwt) to 627 ships. 8Even with the recent pullback in new-building prices, historically, they are still at competitive levels, particularly if they include the cost of extra equipment, such as scrubbers and ballast water treatment installations. 8The near future does not paint a rosy picture for oil tankers. The market will have to absorb a lot of new tonnage and it will. 8The market however will have to absorb a lot of new tonnage but that by itself will not be enough. Click on Report for more
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Ammonia Greenfield Project 8Cost - Rs 2773 Crore 8Project Description: A Fertilizer Company is awaiting environmental clearance for its greenfield ammonia project with a capacity of 1500 MTPD at MIDC Takoja in Maharashtra. The equipment requirements are Compressors, Turbines, Exchangers, Vaporizers, Subcoolers, Columns, Filters, Pumps, Heaters, Towers, Vessels, Storage system, Coolers, Furnaces, Stacks, Converters, Boilers, Drums, Blowers, Economizers, Preheaters, Reactors, Tanks and more 8Project Event: The proposal for terms of references has been submitted and RFQ for the EPC contractor is likely to be released in August 2018. Click here for more information DAP Expansion Project 8Cost - Rs 442 Crore 8Project Event: The environmental clearance has already been elicited and details engineering is likely to be completed in July 2018. The purchase of major equipment and services is ongoing from May 2018, Construction work is likely to be started in September 2018. Click here for more informationDetails
8Project Name: CBM Block Development 8Project Cost: Rs 1350 crore 8Project Description: The Promoter is planning Exploration and Production of a Coal Bed Methane (CBM). The promoter is proposing to drill 39 coreholes, 5 test wells (Phase-I) and 35 pilot wells (Phase-II). Coreholes will be drilled to know the geological formation of coal seams in the earth’s subsurface. All wells will be drilled up to the target depth of 2500m. Surface facilities such as Gas Gathering Station (GGS) and Main Compressor Station (MCS) will be set up for collection of CBM gas. Pipeline of varying diameters from 4 to18 inches will be laid down for gas transport from Wells to GGS and consequently to MCS. Promoter owned drilling rigs are going to be deployed for undertaking drilling activities. The equipment required for the project includes casing pipes, drilling pipes, drill bits, x-mass trees, blow out preventer, cementing services, mud engineering services, hydrofracturing services, CBM well completion and Artificial Lifting services. Further RFQs are expected shortly. 8Project Event: RFQ for the hiring of an EPC contractor for the construction of GGS, MCS and pipeline installation is expected by Q4:2018. RFQ for the hiring of equipment and services is expected by Q1:2019. 8Expenditure Approval: Q1/2014 8RFQ Date: Q4/2018 8Release Date: Q4/2018 8Start Date: Jun/2020 8Completion Date: Dec/2023 Click here for more detailsDetails
8Project Name: Greenfield Gas Pipeline 8Project Cost: Rs 4000 crore 8Project Event: RFQ for the pipeline laying work is expected by August 2018.RFQ for the terminal work is expected by September 2018. 8Expenditure Approval: Q4:2017 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Q1:2019 8Completion Date: Q1:2022 Click here for more details 8Project Name: Greenfield Gas Pipeline Project 8Project Cost: Rs 1300 crs re 8Project Event: RFQ for EPC contractor is expected by August instead of June 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Aug/2018 8Release Date: Sep/2018 8Start Date: Q4:2018 8Completion Date: Mar/2021 Click here for more details 8Business opportunity for PMC contractors:- 8The owner is planning to set a pipeline Technology Institute specializing in analytical, investigative and engineering studies. The Location for this project has not yet finalized and it is claimed that the work will be done on PMC basis. Click on Details for more contactsDetails
The Block is covered by 2-D seismic survey 83-D seismic survey currently going on 8Targeted depth will be 5000m 8Drilling rig will be needed on 8RFQ expected by Q4:2018 Click on Details for key contacts
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For reference purposes the website carries here the following tenders: 8Rate Contract for supply of spares for LPG Plant at refinery Details 8Supply and Filling of Ethyl Mercaptan at Cryogenic Facility at LPG TerminalDetails 8Spare Parts for Multi-Pro Multi Gas DetectorsDetails 8Design, Supply, Installation and Commissioning of On-line Monitoring, Protection and Diagnostics System for Reciprocating Compressors in DCU and CRU of refinery Details 8Procurement of GCV/ SRV Assembly and Compressor Bleed ValvesDetails 8Coating refurbishment of Mainline in WRPL with Cold Applied TapeDetails 8Mechanical Maintenance Jobs of CRU Regeneration and NHDT shut-down in FOB at refinery Details 8Carrying out Stenciling Jobs at various locations of offsite areas at refinery Details 8Agency for preparation and digitization of equipment developmental drawings and piping isometric drawings in AutoCAD Details 8Sampling, collection and complete chemical analysis of Transformer oil samples of power and distribution transformers at refineryDetails 8Procurement of portable Low Pressure gas fuelled 200 KW micro-turbineDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India's FDI growth hit 5-year low in 2017-18 Details 8India seeks ways to continue Iran oil imports without triggering sanctions Details 8Libya's NOC warns of impact of oil port shutdown Details 8Aadhaar-based authentication drops to lowest in a year in June Details 8Arun Jaitley hints at rationalising GST rates as revenues surge Details 8Petrol, diesel prices to rise sharply again as crude rates flare up Details 8ONGC seeks $8.3 mmBtu for CBM gas from West Bengal Details 8Saudi economy starts to recover, set to accelerate as oil output risesDetails 8Iran urges OPEC members to refrain from unilateral actionsDetails 8Iran vows to foil US bid to block its oil exports Details 8One year of GST: Should petrol, diesel products be brought under new tax regime? Details 8Russia to increase oil output by up to 200,000 bpd in July: Energy Minister Details 8With fewer friends around, Iran is running out of options on oil Details 8Congress slams government for hike in LPG prices Details 8Shifting LPG storage terminal not feasible, says Indian Oil Corp Details 8Saudi king said will boost oil output if needed - White House Details 8Pak hikes fuel prices 2nd time in two months ahead of elections Details 8U.S. sanctions unlikely to hamper Gazprom financing of Nord Stream 2 Details 8Southern Gas Corridor project attracts $750 million syndicated loan Details 8Kuwait to raise crude oil output by 85,000 barrel per day -minister Details 8Scientists develop novel catalyst that can harvest fuel from water Details 8ONGC wants $8.3 price for CBM gas from West Bengal Details 8Subsidised LPG price hiked by Rs 2.71 per cylinder Details You can also click on Newsclips for moreDetails