All content in this website is sourced legitimately

Archives

All the news items since the launch of our web site are preserved in the archive section. The archive entries are freely accessible to all the users.

Aug 2018

The coming into effect of the IMO 2020 regulations should ideally mean that refiners must begin costly refining modifications like adding new coking capacities
8But why are they not doing so at a fast enough pace?
8This may well be because the price volatility that will be created from the IMO rule implementation is not expected to last long enough to make such investments viable.
8Markets are expected to rebalance in a couple of years, and this discourages significant capital investments in complex refining units, which have payback periods of at least two decades.
8Also, there seems to be enough room to process more crudes to meet the expected increases in demand for distillates for marine fuel use, but this does not address the problem of the residual oil glut arising from the introduction of the IMO regulation. Click on Report for more.  Details
Declining refinery margins after 2020 will be on account of an expected drop in prices of middle distillates as the market rebalances
8Unfortunately, the price of resid will not recover at a rate that can stabilize refinery margins, and thus, cannot cushion the effect of the rebalancing middle distillates prices.
8This is because the effect of price movements of the middle distillates outweighs the margin-boosting effect from slowly increasing resid prices.
Click on Reports for more Details
The International Maritime Organization (IMO) has set a global limit for sulphur in fuel oil used to power ships at 0.5% (by mass) from the current 3.5% starting in January 2020.
8The regulations will require the removal of up to 12,000-16,000 tonnes per day of sulphur contained in the 3-4 million barrels/day of high sulphur bunker fuel used for marine transport.
8This change will propagate through the value chain; from the marine industry that will seek replacement fuels to refiners that produce bunker fuel, and to upstream oil producers who produce crudes that generate high sulphur residues used in bunkering.
8It is estimated that under different scenarios of compliance with 2020 regulations, refinery margin loss will be to the tune of $16/bbl to $20/bbl between 2020 and post-2025 relative to average 2017 margins.
Click on Reports for more Details
2018:Phosphoric Acid Expansion Project       
8Cost - Rs 1100 Crore
8Project Event: Finalization of an EPCM contractor is due in September in place of Agust 2018. due to delay in the evaluation. Tender for equipment is likely to be released in October 2018.
Click here for more information  
Naptha to Natural Gas Feedstock Conversion Project     
8Cost - Rs 250 Crore
8Project Event: Thermax, J& K, and Furnace Engineering are in the race for supply cum erection of NG Preheater(D1153) and NG feed Preheat Coil(D1206).Evaluation is ongoing.
Click here for more information   Details
For reference purposes the website carries here the following tenders:
8Supply of Seamless Pipes Details
8Supply of MS EFW Pipes Details
8Supply and Installation of CW Pump discharge line butterfly valve spares Details
8Supply, erection and commissioning of vapour extraction system Details
8Supply of Instrumentation cable Tray & Accessories Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Government notifies incentives to oil PSUs in pre-NELP blocks Details
8Renewable energy to power 80% of metro rail operations, tenders floated Details
8Wind turbine maker Vestas launches share buy-back as Q2 profits beat forecasts Details
8Saudi Aramco, ADNOC can't export Ratnagiri refinery fuel without PSU's consent Details
8Crude oil falls on weaker economic outlook, U.S. crude stocks rise Details
8Slowdowns in China and India eat away at Asian crude oil demand Details
8Iran oil minister to attend JMMC meeting in Algeria in September- ISNA Details
8Chinese oil importers shy away from U.S. crude despite tariff reversal  Details
8Algeria signs gas supply deals with Spain, Italy's Eni -Sonatrach CEO Details
8Oil edges up as China, U.S. set for talks to resolve trade disputes Details
8Investor roadshow in US to draw interest in ONGC, Coal India Details
8US-China trade war could give India handle to trump Iran curbs Details
You can also click on Newsclips for more Details
Cloak and dagger games continue to dog the contracting process in ONGC's $5 billion KG-DWN-98/2 development programme
8The L2 bidder for the SURF+SPS bidder has now moved a petition to ONGC, claiming that it should be the one who should actually be nominated as the L-1 contractor.
8Simultaneously, serious sabotage and espionage charges are being levied by one bidder against the other.
8The charges are flying thick and heavy in this high stakes game
For all this and more, click on Details here Details
In another segment of the contracting process involving the KG-DWN-98/2 development, there was a  demand from competing bidders for a video tape on suspicion that there could have been some manipulation of bidding data
8But it is learnt that ONGC is refusing to part with the tape
Click on Details for more Details
8Project Name: Pipeline Development
8Project Cost: Rs 230 crore.
8Project Description: The owner along with EPCM contractor is planing to hire an LSTK contractor for the construction of a gas gathering pipeline. The owner is also planing to carry out a hazard analysis of the pipeline installation. The project involves laying a of a 900 mm dia pipeline.
8Project Event New: RFQs are expected by October 2018.
RFQs for hiring services for hazop studies is expected by November 2018
8Expenditure Approval: Q4/2017
8RFQ Date: Oct/2018.
8Release Date: Dec/2018
8Date: Jun/2019
8Completion Date: Dec/2020
Click here for more details
8Project Name:  Oil Field Development
8Project Cost: Rs 200 crore
8Project Description: RFQs for wellhead installation facility for 6 well Exploration and Development drilling in the existing PML area are expected soon. Currently, the tender for drilling services is under processing. The price bids have not been opened till now.
8Project Event: RFQs for hiring wireline and cementing services is expected by November 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Nov/2018
8Release Date: Q1/2019
8Start Date: Oct/2019
8Completion Date: Oct/2021
Click here for more details Details
8Project Name: Greenfield 3G Bio Ethanol Refinery Project
8Project Cost: Rs 700 crore
8Project Description: The owner along with the licensor is planning to construct a 3G ethanol plant indigenously to produce 66 KL fuel-grade ethanol per day, primarily from biomass, and it will use approximately 240 tons of biomass per day. RFQ for the BEDP services has already been out and the bidding process is going on.
8Project Event: RFQ for the PMC contractor is expected by October 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q4:2018
8Completion Date: Q3:2021
Click here for more details Details
8Project Name: POL Terminal Expansion Project
 8Project Cost: Rs 70 crore
 8Project Description: Bharat Petroleum Corporation Limited (BPCL) is planning to expand its Ennore POL terminal from its existing capacity of 117035 Kilolitre to 157479 Kilolitre. Currently, the project is under assessment of the State Environment Impact Assessment Authority. The company has hired Ultra -Tech Environment Consultancy & Laboratory for pre-feasibility studies. A slight delay has occurred in environment clearance due to the wrong map recommendation for clearance in phase III expansion.
 8Project Event: RFQ for the EPC contractor is expected by October instead of August 2018.
 8Expenditure Approval: Q3:2017
 8RFQ Date: Oct/2018
 8Release Date: Nov/2018
 8Start Date: Q4:2018
 8Completion Date: Q1:2020
Click here for more details Details
Find out who is the surprise winner of ONGC's stimulation vessel contract
8What were the different rates quotes by these bidders
8What was the winning day rate?
8Which is the winning vessel?
8Why was there such a large variation in day rates
8An Indian flagged vessel was offered but why was the day rate pegged so high for it?
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Procurement of Pneumatic tools for maintenance work Details
8Procurement of Clean Agent type Fire Extinguisher, Wheel Key Stype,Hose box, Rubber Suction hose for Ejector pump and Gate Valve Details
8Supply of MV & HV Cables Details
8Supply of Scaffolding Clamp swivel, Scaff. Pipe & Scaffolding Clamp fixed Details
8Annual rate contract for maintenance of Cathodic Protection & Mainline System Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8India’s first electric vehicles charging corridor announced by Magenta Power  Details
8Inflation cools to 9-month low of 4.17% in July, down from 4.9% in June Details
8Conducting study on using CNG-hydrogen mixed fuel: IOCL to SC Details
8Oil India Ltd first quarter net profit up 56 per cent at Rs 703 crore Details
8IOC says will invest Rs 20,000 crore in city gas projects in 5-8 years Details
8Oil prices edge up as Saudi cuts output, but looming demand slowdown drags Details
8BRIEF: China CNPC starts new gas field construction in Turkmenistan Details
8Venezuela gasoline prices should rise to international levels -Maduro Details
8Iran keen to participate in CPCL expansion, says IOC Chairman Sanjiv Singh Details
You can also click on Newsclips for more Details
Project Name:  Thanjavur Oil Field Development
8Project Cost: Rs 1940 Crore
8Project Description: Oil And Natural Gas Corporation Limited's RFQs for the development drilling of 110 wells in Thanjavur District of Tamil Nadu are delayed on account of the ongoing protests going on against the programme. Recently a pipeline leakage case was reported in Thanjavur. The project also involves installation of an infield pipeline and a Central Processing facility having a capacity of 520 m3 per day. The block includes the fields of Adichapuram, Kizhvelur, Kanjirangudi, Palk Bay Shallow, Periyapattinam, Perungulam, Tiruvarur, Mattur, Nannilam, Narimanam, Adiyakkamangalam, Kuthalam, and Kali. The locations will now be drilled by the third party based electrical type rigs. An EIA Consultant has already been hired for the project. Further RFQs are expected shortly.
8Project Event: RFQ for the hiring of EPC contractor for pipeline installation is expected by September instead of August 2018. RFQ for hiring an EPC contractor for CPF installation is expected by September instead of August 2018. RFQ for hiring drilling services is expected by Q3 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Aug/2019
8Completion Date: Dec/2022
Click here for more details Details
8Dabhol expansion: The breakwater facility for the expansion is now coming up and the contract is to be awarded soon. Click on Report  for more.
8Dhamra LNG terminal contract: Contracted tariffs will be higher than PLL Dahej tariff. The contract allows for 5% annual escalations. Click on Report   for more.
8Jagdishpur pipeline status: Find out how much of the capacity out of the total 16 mmscmd. Click on Report  for more.
8Demand for an OSV in Indian waters has come up, find out more has been tied up already. Click on Report  for more. Details
GAIL has now confirmed that the Kochi-Koottanad-Bengaluru-Mangalore is going to be delayed beyond the December 2018 deadline
8What is the new deadline set by GAIL?
8But according our sources on the ground, the pipeline is going to be delayed well beyond what GAIL has set as the new deadline.
8This will have repercussions down the line on industries depending on gas supply from the pipeline.
Click on Reports Details
City Gas Distribution (CGD) companies are showing a rapid increase in CNG sales driven by the rather artificial divide between low gas prices juxtaposed against market-driven competing fuel prices.
8The robustness in the growth of the CNG segment will be in doubt going forward as demand for gas increases with more CGD companies developing their footprints on the ground juxtaposed against declining production of cheap gas from ONGC and OIL's nomination fields.
8Piped natural gas volumes are only a fraction of CNG sales, and within this segment, the commercial and industrial sectors in which the price of gas is market determined is even smaller.
8As prices standardize, the CGD model will have to undergo a dramatic change.
8As new CGD owners emerge, it will be a big mistake if their business plans are going to be modeled along the lines of existing CGD players.
Click on Reports  for more Details
Get a comparison of how gas volumes compare across major CGD players in India over the last few years
8Do they exude uniform growth rates overall CGD segments?
8If not, why not?
Click on Reports  for more Details
GAIL expects 90 cargoes from US and eight from Gazprom in the current year.
8The economics look attractive, so the gas major is trying to place as many as 64 cargoes in India
8The first quarter saw the delivery of 20 cargoes out of its US commitment
8The gas major claims that of the of the 5.8MMT, it has tied up ~80% volumes for 2019 and 50% for 2020-21.
Click on Reports  for more Details
The LNG vessel rate market recovery, which started in mid-2017, is continuing.
8The LNG shipping glut of previous years has been absorbed and the market rebalanced at the start of 2018.
8However, global LNG trade is expected to increase from new liquefaction projects, which will absorb the order book and leave the market tighter in 2018 and 2019 compared to recent years.
8Spot rates for the first half of 2018 were 63% higher year-on-year for conventional 160km3 TFDE tonnage, driven by a tightening shipping market and an increase in global LNG trade volumes.
8However there was a seasonal fall in rates towards the end of the first quarter as major LNG markets exited winter-peak demand period.
8Spot rates are expected to remain firm for the rest of the year.
8The website provides daily LNG vessel rates in its Price segment as well as daily FOB and CIF rates
Click on Reports  for more Details
Is India back peddling on the Farzad-B block in Iran now that US sanctions are going to be in place?
8Sources said that India is not pushing the project all that much. "The ball, in any case, is in their court," says an OVL official, claiming that the Iranians are yet to act on the Indian offer
8Meanwhile, even the Chinese, which are heavily committed to invest in Iran, is fighting shy
Click on Reports  for more Details
The rates are still to go up but there is an increase in rig tendering activity and a strong volume surge for subsea equipment and floating production units
8This corresponds with increasing sanctioning of new field developments, which whilst still at a low level, has picked up notably from levels seen in 2015, 2016 and 2017.
8There is increased activity in the PSV segment no doubt
8Also there is increasing M&A activity within the rig and OSV segments. OSV and subsea secondhand transactions are also on the rise.
8Even though these are positive signals that could indicate that offshore is about to recover in terms of activity, overcapacity in the asset-heavy segments remains significant.
Click on Reports  for more Details
Total offshore rig demand seems to have bottomed early in 2017 and we expect demand to increase gradually throughout 2018.
8Today, the global offshore rig count (rigs on contract) stands at 441 units, marginally up from trough levels of around 425 units.
8Get an analysis of what is going on in this market and when it an uptick expected
Click on Reports  for more   Details
The market for offshore support vessels (OSVs) remains challenging, characterized by significant vessel overcapacity, low utilisation and day rates around the level of operating expenses for the vessel.
8The recovery in rates will not happen anytime soon
8It make take several years
Click on Reports  for more Details
Project Name:Rayagada LPG Bottling Greenfield Project
8Project Cost: Rs 92 crore.
8Project Description: Hindustan Petroleum Corporation Limited is constructing a new LPG Bottling Plant of 60 TMTPA capacity with a 24 filling guns automatic electronic carousal with downstream facilities, LPG mounded bullet storage of 3 x 300 MT, and four truck unloading bays and other allied facilities at Rayagada in Odisha.
8Project Event New: The company has been hired PDIL as an EPCM contractor in July 2018. Engineering work is yet to start. Equipment RFQs are expected subsequently.
8RFQ Date: Oct/2018.
8Release Date: Oct/2018
8Date: Feb/2019
8Completion Date: Feb/2021
Click here for more details Details
Ammonia-Urea Energy Saving Project        
8Cost - Rs 250 Crore
8Project Event: EOI has come out for process licensor and the last date for submission of the bid was 12 July, but no one has submitted the bid, so the bid submission date may be extended.
Click here for more information  
SSP Fertilizer Greenfield Project     
8Cost - Rs 90 Crore
8Project Event: RFQ for LSTK contractor has been re-released due to technical reason and the last date for submission of bid is 20 August 2018. The company has been also released the tender for a Civil Contractor.
Click here for more information Details
Project Description: Mellbro Sugars Pvt Ltd is planning to add a 30 MW co-generation power plant in its greenfield white sugar mill at village Shirur in Bagalkot district of Karnataka. The project is awaiting environmental clearance. The major requirement will be a boiler (125 TPH), steam turbine, turbine generator, condenser, cooling water system, pumps, valves, control unit, cyclone dust collector (and wet scrubber), stack, ventilation system, among others.
Project Event: The project is awaiting capital approval following which the owner will release the RFQ for an EPC contractor and the process will take a minimum 3 to 4 months.
8Expenditure Approval: Sept/ 2018
8RFQ Date: Oct /2018.
8Release Date: Oct/2019
8Start Date: March/2019
8Completion Date: Dec/2020
Click here for more information Details
GAIL expects 90 cargoes from US and eight from Gazprom in the current year.
8The economics look attractive, so the gas major is trying to place as many as 64 cargoes in India
8The first quarter saw the delivery of 20 cargoes out of its US commitment
8The gas major claims that of the of the 5.8MMT, it has tied up ~80% volumes for 2019 and 50% for 2020-21.
Click on Reports for more Details
8Project Name:  Brownfield Thermal Power Project
8Project Cost: 9250 crores
8Project Description: Owner along with an EPC contractor is carrying out the erection activities of a brownfield 660 MW thermal power project. A separate bid of an EPC contract for development of an FGD is expected soon.
8Project Event: RFQ for design, engineering, supply, installation, construction and commissioning of an FGD (flue gas desulphurization unit) is expected by the Q4 2018.
8Expenditure Approval: 2012
8RFQ Date: Q4:2018
8Release Date: Q4:2018
8Start Date: May/2013    
8Completion Date: Mar/2019
 Click here for more information
8Project Name: Thermal Power Plant - O&M Contract
8Project Cost: 2.5 crores
8Project Description: Promoter is getting delayed in preparing the notice inviting tender document for an O&M contract for electrical equipment in the 3000 MW thermal power complex. Further bid is expected soon.
8Project Event: RFQ for O&M of electrical equipment is expected by September 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: Q1:2019    
8Completion Date: Q1:2021
 Click here for more information Details
The power sector is struggling to cope with the shortage of low-priced domestic gas as the bulk of it now diverted to CGD companies.
8NTPC recently lost out on securing 2 mmscmd of new ONGC domestic gas because consumers were unwilling to give a go-ahead for a deal.
8The gas could have been available for five years at around $5.05/mmbtu, with a ceiling price of $6.78/mmbtu
8This was a deal lost at power could have been available at between Rs 5.21 to Rs 5.47/kwh.
Click on Details and Reports  for more Details
Power utilities which buy power for NTPC's gas based power stations have now realized that it will be prudent to keep some RLNG supplies available to take care of a times when demand for power surges ahead.
8Gas generation units are capable of quick ramp-up when there is an urgent demand for power during peak season.
8NTPC is now working out a long term LNG deal with a gas supplier as liquid fuel priced electricity has become frighteningly expensive.
Find out the details of the deal in terms of:
8ACQ quantity
8Flexible gas supply timing
8Flexibility in daily supply quantity
8Annual TOP quantity
8More such flexible deals will be the norm going ahead, as the gas market begins to get more competitive from 2020 onwards when large supplies of KG Basin gas will come in from discoveries developed by ONGC and RIL-BP
Click on Details and Reports  for more Details
3 incidents of oil spills reported in India since 2014.
8What kind of infrastructure is in place?
8Is it enough to handle a major spill?
Click on Details for more Details
New Page 1 For reference purposes the website carries here the following tenders:

8Tender for GIS Survey and Digitization of Pipeline route Details
8Supply, installation and commissioning of 02 Nos. of Multi Zone Door Frame Metal Detector Systems Details
8Tender for Transportation of Bulk POL products MS /HSD and Branded fuels by Road Details
8Supply of ZDDP based performance additive package either HiTec 521 (ST 4529) or LZ 5703 (ST 4542) Details
8Tender for Piping works for LPG, Firewater network and Air Pipeline works Details
8Supply of Barricading Tape Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Ninth CGD Bidding Round: Adani Gas, Bharat Gas and Indian Oil lead the race Details
8Crude oil prices edge up on Iran sanctions, but trade tensions drag Details
8BPCL gets green nod for Rs 747 crore ethanol project in Odisha Details
8Australia's energy stocks rise on strength in global crude oil prices Details
8Weather alarms highlight need to accelerate low-carbon economy Details
8Kerala GAIL Gas Ltd likely to be wound up Details
You can also click on Newsclips for more

Details
 Ammonia-Urea Brownfield Project        
8Cost - Rs 6000 Crore
8Project Event: The engineering study has not started yet, The purchase of the long lead item is ongoing. Construction is likely to be started in February 2019.
Click here for more information  
Ammonia-Urea Energy Saving Project     
8Cost - Rs 250 Crore
8Project Event: RFQ for the EPC contractor is likely to be released soon, The company is still awaiting capital approval.
Click here for more information  Details
8The gas compression business is expected to grow exponentially till 2021, according to players in the industry. Click on Report  for more.
8Find out how innovation is increasingly democratizing electricity supply. Click on Report  for more.
8Know more about how climate change is impacting the hydro-power industry. Click on Report  for more.
8ONGC plans to hire a consultant to check out various business models for Production Enhancement Contracts.  Click on Report  for more.
8Chandra Shipping: Rating downgrade on constrained by negative profit margins, negative interest coverage ratio, inherent risk in the way the firm is constituted and highly competitive nature of industry. Click on Report  for more.
8Crude and gas production are dramatically below target in July.  Click on Report  for more.
8The domestic purchase preference policy will continue for one more year.  Click on Report  for more.
8Get the full list of new CGD allotters here.  Click on Report  for more. Details
For reference purposes the website carries here the following tenders: 
8Tender for GIS Survey and Digitization of Pipeline route Details
8Supply, installation and commissioning of 02 Nos. of Multi Zone Door Frame Metal Detector Systems Details
8Tender for Transportation of Bulk POL products MS /HSD and Branded fuels by Road Details
8Supply of ZDDP based performance additive package either HiTec 521 (ST 4529) or LZ 5703 (ST 4542) Details
8Tender for Piping works for LPG, Firewater network and Air Pipeline works Details
8Supply of Barricading Tape Details
You can also click on Tenders for more Details
The government's decision to allocate 110% of the gas quantity needed for CNG and PNG through artificially low priced domestic gas is causing a demand distortion of unprecedented proportion.
8As domestic gas price has remained stagnant, the price of competing liquid fuels such diesel and petrol have flared up as subsidies have been removed on the latter.
8The price differential as of now is as high as 68%, causing the market to become distorted
8The differentials between competing fuels have thus become artificially wide
8As increasingly less polluting BS-VI soot less fuel is supplied to the market, the government will need to rethink the policy of 110% allocation of cheap domestic gas to the CNG, if not the PNG segment.
8As renewable energy infusion goes up, the power sector may need to be bailed out too with some low priced gas
Click on Reports  for more on these differentials. Details
2018 has been a horrible year for product tanker owners, with sale and leasebacks being necessary for many to provide a financial bridge to better times.
8Many are pinning their hopes on 2020; which, as we have written in the past is expected to be supportive for product tankers.
8However, many are also hoping that new refinery developments will offer a further boost to tonne mile demand, similar to what was seen from 2014-2016.
Click on Reports  for more Details
The Modi government's choice of independent directors for oil companies is different from that of earlier governments.
8The selection of such directors, which is entirely in the hands of the ruling government, has always defied logic.
8More so now, during the tenure of the current government
8Find our more on four such directors -- two retired IAS officers, one Jaipur-based chartered accountant and a rating agency head -- being appointed to the board of Indian Oil Corporation.
Click on Reports  for more Details
Differing peak demand for oil scenarios has complicated the investment outlook for long-cycle E&P projects
8Instead the emphasis seems to be towards short term solutions
8Find out what are these varying estimates for oil demand
8Know more about how this is impacting investments
Click on Reports  for more Details
Land acquisition has become an increasingly complicated job for oil & gas companies
8All sort of measures have been tried out
8Special land acquisition companies have been hired to smoothen the process and soothe frayed nerves of protesting landowners but with limited success
8One oil company is now trying a novel approach
Click on Reports  to know more Details
Petcoke continues to dominate the import of POL products in India
8Total POL imports increased by 5.5% during April-June 2018 as compared to April-June 2017.
8In this, the import of LPG and pet coke accounted for 70% share of total petroleum product imports while LPG alone accounted for 36.1% of total POL imports.
8Petcoke imports, with a percentage share of 33.9% of total POL imports, were mainly done by cement and steel industries as it is a cheap substitute of coal.
Click on Reports  for more Details
The research done by IOC R&D Centre on use of hydrogen in the transportation sector in India has become recognized worldwide
8Current Indian cost of production of hydrogen using naphtha fuel from Panipat refinery is US$ 4-5/kg, but delivered cost (with all infrastructure) is expected to be in the range of US$ 12/kg.
8Incidentally, this is comparable to current global costs, which range from US$ 14 in US; US$12 in Europe and US$8 in Japan.
8At this cost, hydrogen is not competitive with conventional fuels (1 kg of hydrogen is equal to roughly 3.8 litres of petrol.
8But fuel-cell technology is much more energy efficient than combustion engine using conventional fossil fuels (Roughly you get 14 km/kg in fuel cell against 8 km/litre in conventional).
8So, it is possible that this advantage, combined with economies of scale will bring costs down in the near future.
8The focus has now shifted to H-CNG, with IOC setting up a natural gas compact reformer for H-CNG production (H-compactor) at its facility in Faridabad.
8The comparison with BS VI norms also shows that H-CNG will improve the performance of CNG in all respects. The fuel cost is estimated to increase by Rs 0.75/km compared to ‘neat’ CNG.
8The estimates are that to fuel 5,500 buses (current fleet) it would require some 400 tonnes of H-CNG per day.
8As it is important to set up infrastructure to dispense H-CNG in different locations it would require 4 plants of 100 tonnes per day.
8The capital cost of these 4 H-Compactor plants is estimated to be Rs 330 crore. The fuel cost is estimated to increase by Rs 0.75/km compared to ‘neat’ CNG.
8Now all of this can be a reality if a court-induced order for use of H-CNG can be procured
Click on Reports  for more Details
Astute management has seen Great Eastern Shipping Co. Ltd looking at a comfortable utilization rate of its offshore fleet. For now.
8There is a 100% coverage for jackup rigs going ahead
 Find out how the company's utilization rates are going to behave, including two segments where the going is not good enough, for the rest of the offshore fleet, made up of:
8Platform Supply Vessels
8Anchor handling Tug Cum Supply Vessels
8Multipurpose Platform Supply & Support Vessels
8ROV Support Vessels
Click on Reports  for more Details
8Project Name: Slug Catcher Unit Modification
8Project Cost: Rs 240 crore.
8Project Description: ONGC along with its EPCM contractor Engineers India (EIL) is planning the replacement and augmentation of slug catchers at its Uran Gas Processing Plant. At present, ONGC has 2 slug catchers -- dubbed Phase-I and Phase-II -- with a gas processing capacity of 8 MMSCMD and 5.2 MMSCMD respectively. ONGC plans to increase the overall handling capacity of existing NACE Phase III slug catcher by adding additional fingers to handle a total of 6.0 MMSCMD of gas and 2500 m3/day of condensate. Furthermore, after this ONGC plans to replace the Phase - II slug catcher with a new NACE compliant slug catcher of 6.5 MMSCMD of gas and 4500 m3/day condensate capacity.
8Project Event New: RFQs are coming up ahead
8Expenditure Approval: Q1/2018
8RFQ Date: Dec/2018.
8Release Date: Q1/2019
8Date: Q2/2019
8Completion Date: Q2/2020
Click here for more details for key contacts and other details Details
8Project Name:  Oil Field Development
8Project Cost: Rs 150 crore
8Project Description: Ramayana Ispat Pvt. Ltd's RFQs for hiring integrated drilling services for the development of the Barsilla block are out The company does not have any prior experience in the oil & gas sector. The block AA/ONDSF/BARSILLA/2016 was awarded to the company under the Discovered Small Fields Round 2016. The company, however, does not have any experience in the oil & gas sector. The TOR for the project has now been granted. However, the application for the forest clearance has not been submitted till now. The project involves development drilling of oil wells and laying of an infield pipeline to connect with the nearest OIL's production facility (GGS). Production from the block is expected to start by the end of 2021. Further RFQs for hiring an EPC contractor for gathering pipeline are expected shortly.
8Project Event: RFQs for hiring an EPC contractor for pipeline installation is expected by Q1 2019.
8Expenditure Approval: Q4/2017
8RFQ Date: Q1/2019
8Release Date: Q1/2019
8Start Date: Q3/2019
8Completion Date: Q1/2021
Click here for more details for key contacts and more Details
8Project Name: Mathura Refinery Greenfield Bulk Import Of Grid Power Project
8Project Cost: Rs 256 crore
8Project Description: Indian Oil Corporation Limited is planning to develop the bulk import of grid power at 220 KV in its existing Mathura refinery. The project is divided into two parts Outside Battery Limit (OSBL) work and Inside Battery Limit (ISBL) work. Earlier the load demand was 45 MW but was revised to 72 MW. MN Dastur was appointed as EPCM contractor for the ISBL work in the month of May 2018, and currently, basic engineering and detailed engineering work are in progress.
8Project Event: RFQ for the EPCM contractor for the OSBL work is expected October 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q2:2018
8Completion Date: Aug/2020
Click here for more details for project details and key contacts Details
8Project Name: Khordha Greenfield LPG Bottling Plant Project
8Project Cost: Rs 161 crore
8Project Description: Indian Oil Corporation Limited along with the EPCM contractor Shree Malani Foams Private Limited is planning to install an LPG bottling plant by installing 3X600MT mounded storage bullets for storage of LPG with a bottling capacity of 60 TMTPA. RFQ for the long lead items and mounded storage vessel work is already out. Currently, electrical and instrumentation work is going on. Investment of Rs 35 crores has been already done.
8Project Event: RFQ for the mechanical piping and firefighting work is expected by September 2018.
RFQ for the Carousel site and erection work is expected by October 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q3:2017
8Completion Date: Q4:2019
Click here for more details for key contacts Details
8Project Name: Baitalpur Greenfield POL Terminal Project
8Project Cost: Rs 380 crore
8Project Description: Indian Oil Corporation Limited has hired PDIL as an EPCM contractor to revamp its existing POL terminal from 29996KL to 102130KL at Baitalpur depot, Deoria, Uttar Pradesh. L&T is prioritized as an AMC contractor for which RFQ is already out. RFQ for the centrifugal pump is already out and the bidding process is going on.
 Major equipment to be required are: Mounded storage vessel, Centrifugal pump, Centrifugal compressor, valves, Flanges, Lube oil pump compressors, Water Condensate, Discharge Pump, Lube oil charging pumps, Diesel pumps, Air compressors, Filters, Trays, Splitters, Separators, Strippers.
8Project Event: RFQ for the listed equipment is expected by September 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q2:2018
 8Completion Date: Q3:2021
 Click here for more details Details
8Project Name: Hydroelectric Power Plant - RM&LE Project
8Project Cost: 340 crores
8Project Description: Owner is planning the renovation, modernization and life extension of the existing 200 MW hydroelectric plant. Tenders will be invited through the National Competitive Bidding (NCB) route. The scope of work includes refurbishment of the turbine, replacement of runner blades, the supply of new guide vanes, major overhauling of EOT cranes, replacement of trash rack, replacement of generator's stator and rotor windings, civil works of surge shaft, powerhouse and dam. Further bids are expected soon.
8Project Event: RFQ for renovation. modernization and life extension works are expected by the Q4 2018.
8Expenditure Approval: Q1:2019
8RFQ Date: Q4:2018
8Release Date: Q4:2018
8Start Date: 2020   
8Completion Date: 2022
Click here for more information
8Project Name: Thermal Power Plant Expansion Project
8Project Cost: 6264 crores
8Project Description: Promoter is carrying out the trial run operation activities for commercial generation of power in a 660 MW super-critical plant in its existing thermal power complex. Further bids are expected soon.
8Project Event: RFQ for material handling and transportation of long lead FGD equipment to the site is expected by September 2018.
RFQ for piling, foundations, civil, structural, and architectural works of an FGD is expected by September 2018.
8Expenditure Approval: 2014
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: 2014   
8Completion Date: Q4:2018
Click here for more information
8A forced overhauling works are upcoming in a 1000 MW thermal power station in Chhattisgarh: Find out the RFQs
Click on details Details
The next round of Discovered Small Fields is getting launched
8Is there going to be an enthusiastic response?
Click on Reports  for the the Model Revenue Sharing Contract and the Notice Inviting Offers here Details
‹ First  < 2 3 4 5 6 > 

Showing 151–200 of 292 items