Indian Oil Corporation is today involved in a massive expansion spree, unprecedented in its history 8The scope and ambition is unprecedented 8And it is not just the $60 million Ratnagiri expansion 8Its pipeline, gas and petrochemical footprint is sought to raised in a big way. 8IOCL plans to either integrate all 9 refineries across India (11 including CPCL) with petrochemicals or increase their Nelson complexity. 8Our project monitoring software will break down this massive expansion into a granular format for our readers Click on Reports for more
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8Energy storage is big business now 8And there are all kinds of opportunities Among them are: 8Integrating renewable energy with distribution and transmission grids; 8Setting rural micro grids with diversified loads or stand-alone systems; and 8Developing storage component of electric mobility plans. Click on Reports for a report that provides a very exhaustive look at this emerging new opportunity
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The fertilizer industry is of some interest to the Indian oil & gas industry 8This is because there are big guzzlers of gas. And each standard ammonia-urea unit can consume around 2.4 mmscmd of gas, equivalent to what a large CGD entity will consume. 8A clutch of new fertilizer units, powered by public sector investments, is meant to be coming up, some are still in the capital approval stage 8The private sector has stayed away from this investment spree because they are skeptical of government support -- the industry is entirely dependent on subsidy doles -- to these high cost new units. 8Only one private unit has taken the bait and is going to get into production mode in early 2019 8The risk is high, as each investment is worth Rs 6000 crore 8What does the future look like for this unit, squeezed between a highly regulated regime and an import lobby that hangs the threat of selling cheaper urea in India than the price at which it is manufactured domestically? Click on Reports for more. Also, our sister site, www.indianfertilizer.com, has listed all fertilizer projects into a completely granular format, right down to the unit level. Get in touch with our marketing department for more information.
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8A June-on-June global comparison shows India's LNG demand growing though it is going through a seasonal trough at this point 8Meanwhile a shoulder period LNG spot pricing chart indicates a quickly tightening of the LNG market 8Six US LNG plants are heading towards commercial start-ups, but they are spread out very thinly right across to 2026 8Get a full understanding of how EPC costs are spread across different LNG terminals 8There is currently a big drought of new investments in the LNG sector, see the figures here Click on Reports for more
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The costs of offshore wind projects commissioned in 201617 vary widely, but on average are 150% higher than onshore wind and more than 50% higher than utility-scale solar photovoltaic (PV) projects. 8However, the results of recent auctions in Europe suggests a step change in costs for some new projects scheduled to enter into operation in the early 2020s; these include some bids that did not require any price guarantees at all, albeit at favourable conditions with the cost of grid connection taken by the transmission system operator. 8Such a dramatic improvement in costs, if realised in practice, would provide a powerful stimulus for policy support and investment elsewhere in the world. 8For projects commissioned in 2016, the global average LCOE of offshore wind was 150% higher than that of onshore wind and more than 50% higher than that of utility-scale solar PV. The website also carries here a projection of cost of offshore wind energy projects where technological advances and huge economies of scale plug the gap with onshore renewable power over time. 8Know more about the massive Chinese push towards offshore wind energy projects and efforts made by India so far. Click on Reports for more Details
A study has shown that offshore areas in Gujarat can optimally produce twice the annual energy demand of the entire country 8Shallow areas on the coast in water depth of 30m depth itself has a massive potential of around 130 TWh per year 8This is feasible with current technology. 8Find out more on these assumptions 8Is it time for Indian oil & gas companies to look at offshore wind more seriously then it has done in the past Click on Report for more DetailsDetails
Offshore wind could be the next big thing in India. 8And a large element of the offshore oil & gas industry, particularly relating to marine spreads can find itself gainfully employed in the process 8The investments are expected to be big, if the economics work out to be good 8The Indian government is pushing the case for offshore wind, with a first 1000 MW tender. 8A time has come for Indian offshore E&P marine companies to begin talking to stakeholders 8There is a also a large choice of companies from across the world to get in touch with, as they all start working out the cost economics of putting up these gigantic projects 8And offshore wind really takes off, it will be relief, as marine companies will no longer be dependent on the vagaries of the E&P industry Click on Reports for a list of offshore wind companies to speak to
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The city gas distribution business may have elicited a good response from big players 8But ground realities are are going to be tough 8If subsidized gas is not supplied to the CGD players, a large segment of its business comes under strain. Eventually low priced gas will run out of the system. 8As liquid fuel quality improves or electric cars take over, the case for CNG will weaken considerably. 8The industrial segment is extremely price sensitive and it is always a battle for market share with competing liquid fuels 8In this context, only a certain set of companies seems keen to get into the CGD segment. 8Reliance has stayed out, not just of CGD but also from the exploration rounds. Clearly it does not see enough traction. Shell's partial disinvestment in MGL means that the glass can be either half full or half empty, depending upon the perspective. 8Pertinently however, gas suppliers will be left depending upon the CGD segment to boost demand as power and fertilizer companies will be unable to do so Click on Reports for more
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8Project Name: Refinery Greenfield BS-VI Project 8Project Cost: Rs 200 crore 8Project Description: The EPCM contractor has been hired to revamp its existing DHDT unit to increase its capacity along with a new sulphur recovery unit. A new FCC gasoline desulphurisation unit is coming up too. All the long lead items and short lead items are to be delivered on site by end of August 2018. Approved for Constriction (AFC) drawing for DHDT and sulphur recovery unit has already been completed and the piling work is almost completed. 8Project Event: RFQ for the piping work in the refinery is expected by October 2018. 8Expenditure Approval: Q4:2016 8RFQ Date: Oct/2018 8Release Date: Nov/2018 8Start Date: Q1:2017 8Completion Date: Q4:2019 Click here for more details 8Project Name: LPG Terminal Expansion Project 8Project Cost: Rs 700 crore 8Project Description: PDIL as an EPCM contractor to expand its Paradip LPG terminal from 1800 MT to 40000 MT at Jagatsinghpur, Odisha. RFQ for the BQ steel plates and HT/OFC cables are already out and expected to deliver on site by September 2018. The selection process for marine unloading arm is on and the award is in August 2018. 8Project Event: RFQ for the LPG pump is expected by September 2018. RFQ for the terminal civil work is expected by October 2018. 8Expenditure Approval: Q4:2017 8RFQ Date: Sep/2018 8Release Date: Oct/2018 8Start Date: Q4:2018 8Completion Date: Oct/2020 Click here for more details 8Project Name: Greenfield LPG Bottling Plant 8Project Cost: Rs 155 crore 8Project Event: RFQ for the equipment is expected by October 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: Oct/2018 8Release Date: Nov/2018 8Start Date: Q4:2018 8Completion Date: Q3:2020 Click here for more detailsDetails
8Project Name: Terminal Cum LPG Bottling Plant Expansion Project 8Project Cost: Rs 500 crore 8Project Description: The owner along with EPCMC contractor is expanding its POL terminal from 76216 KL to 115575 KL while also constructing a new LPG bottling plant of 3600 MT (3X1200 MT). FEED work is going on. 8Project Event: RFQ for the initial Petroleum and Explosives Safety Organisation (PESO) approval is expected by September 2018. RFQ for the fabrication of MSV (Multipurpose Support Vessel) & FWT (freshwater transport) is expected by October 2018. RFQ for the plant building work is expected by mid-October 2018. 8Expenditure Approval: Q1:2017 8RFQ Date: Sep/2018 8Release Date: Oct/2018 8Start Date: Q1:2019 8Completion Date: Q1:2021 Click here for more details 8Project Name: Gas Pipeline Expansion 8Project Cost: Rs 5159 crore 8Project Description: A slight delay has occurred in the selection of DFR consultant. Major equipments required are: Mainline pipes, Welding machines, Dozers, Scrappers, Pavers, Pumps, Generators, Compressors, Jack Hammers, Piledrivers, Buried Pipelines, Isolation Valves (Manually, Remotely, Automatically Operated), Relief Valves (Thermal or other types), Pipe bridges or other supports, Control Systems, Leak Detection System, Pig launcher and receivers, Motors, Transformers, Bulldozers, Cranes, Control valves, Filters. 8Project Event: RFQ for the geological survey is expected by September instead of August 2018. RFQ for the FEED Development is expected by November 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: Sep/2018 8Release Date: Oct/2018 8Start Date: Q1:2019 8Completion Date: Q1:2021 Click here for more details 8Requirement of heat treatment maintenance services in a refinery: Find out more Click on Details for moreDetails
Among the big companies interested in offshore wind are: 8Shell 8Saipem 8PNE Wind AG 8Northland Power 8Innogy Renewable 8The list can get even bigger as it has now been stipulated that non-participation in EOI meetings will not disqualify anyone from participating in a tender. Maybe oil companies such as ONGC and RIL can look up the offshore wind business, as there is a lot of commonality between offshore oil and wind business Comment:It is early days yet but it will be a relief for Indian offshore marine vessel supply industry to deal with an enthusiastic new set of companies instead of the same faces in the Indian offshore E&P industry. If the suffocating buyers' monopoly in the offshore E&P industry can be broken by offshore wind projects, and there can be quite a few that can come up, it will give the biggest fillip to the offshore marine industry in IndiaDetails
8Project Name: Drilling Field Development 8Project Cost: Rs 150 crore. 8Project Event New: RFQ for the hiring of equipment and oilfield chemicals is expected by October 2018. 8Expenditure Approval: Q3/2016 8RFQ Date: Oct/2018. 8Release Date: Q4/2018 8Date: Nov/2019 8Completion Date: Dec/2020 Click here for more details 8Project Name: Oil Field Development 8Project Cost: Rs 200 crore 8Project Description: A privatre owner with no previous experience has to begin development drilling of 12 wells and laying of an infield pipeline to connect with the nearest GGS. 8Project Event: RFQs for hiring an EPC contractor for pipeline installation is expected first by Q1 2019. 8Expenditure Approval: Q4/2017 8RFQ Date: Dec/2018 8Release Date: Oct/2019 8Start Date: Q2/2019 8Completion Date: Q4/2021 Click here for more details 8Project Name: Drilling Field Development 8Project Cost: Rs 150 crore. 8Project Description New:A 10 well development drilling programme is expected soon.The equipment required for this project includes Drilling Rigs, Drilling Pipes, Casing Pipes, Drill Bits, Directional Drilling services, Cementing services and Mud engineering services. Further RFQs are expected shortly. 8Project Event New: RFQ for the hiring of Drilling services is expected by October 2018. RFQ for the hiring of equipment and oilfield chemicals is expected by December 2018. 8Expenditure Approval: Q4/2017 8RFQ Date: Oct/2018. 8Release Date: Dec/2018 8Date: Feb/2020 8Completion Date: Dec/2020 Click here for more details 8Project Name: Oil Field Development 8Project Cost: Rs 200 crore 8Project Event: RFQ for the hiring of equipment and oilfield chemicals is expected by November 2018. 8Expenditure Approval: Q2/2016 8RFQ Date: Nov/2018 8Release Date: Dec/2018 8Start Date: Dec/2019 8Completion Date: Dec/2021 Click here for more detailsDetails
For reference purposes the website carries here the following tenders: 8Supply of Pipe Fittings for Cooling Coil for 27 Refinery Vessels Details 8AMC for Cathodic Protection system installed in process plants and Terminal Pipeline of refineryDetails 8Supply of underground cables and pipeline locatorsDetails 8Supply of Liquid Nitrogen in refinery Details 8Spares for online speed and vibration monitoring systemDetails 8Hiring of Services for Engineering and Project Management Consultancy services for construction of Water Injection Station in OIL’s operational areaDetails 8Supply and Service of White Oil Terminal Automation System Details 8Corrigendum: Supply of Online 1200 SCMH Engine Driven CNG Compressor Package Details 8Corrigendum: Procurement of MDPE Tools Details 8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Najibabad Details 8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Roorkee IRD Details 8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Haldwani IRD Details 8Packed LPG Transportation Contract for Haldwani and Bahedi District in Bareilly Details 8Rate contract for supply of HSD Lubricity Additive for 2 years Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8L&T Hydrocarbon Engineering bags Rs 1,483 crore order from ONGC Details 8GE’s Baker Hughes wins contract for oilfield development at Cairn’s Rajasthan fields Details 8Russia's Novatek says half of Arctic LNG-2 gas to be pre-sold Details 8EU urges US to cut red tape on liquefied natural gas exports Details 8Ukraine accumulates 13.2 bcm of gas as of 7 August Details 8Russia's Novatek starts Yamal's second LNG train, sends condensate to Middle East Details 8India offers Rs 1 lakh crore of oil, gas resources in DSF-II round Details 8India launches second auction of small discovered oil & gas blocks Details 8How US-China trade war may bring cheaper oil to Indian shores Details 8Market Speaks: EIA expects Henry Hub Natural Gas spot prices to average $2.96 in 2018 Details 8Buoyed by new policy, Essar to invest Rs 70 bn to explore shale in Ranigunj Details 8Gujarat: Oil Corporations contributed Rs 3,000 crore for the Statue of Unity Details 8India must put special premium on good policy, says IMF’s Bauer Details 8Petrol sale on hold at pump Details 8In India's economic pick-up, who's leading the pack and who's losing out? Details 8Automobiles, oil and gas top sectors fueling India’s world-beating growth, banking biggest laggard Details 8Reliance seeks petcoke from Indian Oil, HPCL, BPCL for $5 billion gasifiers Details 8Oil mixed as Iran sanctions seen tightening market, trade spat weighs on trade Details 8ONGC is the promoter of HPCL: Oil minister Dharmendra Pradhan Details You can also click on Newsclips for moreDetails
Project Name: Thermal Power Station - FGD Addition 8Project Cost: 440 crores 8Project Description: Owner is preparing a feasibility report for installation of a flue gas desulphurisation unit in the 500 MW thermal power plant. Further bids are expected soon. 8Project Event: RFQ for design, supply, installation, and commissioning of an FGD unit is expected by the September 2018. 8Expenditure Approval: Q4:2017 8RFQ Date: Sep/2018 8Release Date: Sep/2018 8Start Date: 2020 8Completion Date: 2022 Click here for more information 8Project Name: Greenfield Hydroelectric Project 8Project Cost: 1864 crores 8Project Description: Owner's 150 MW greenfield hydropower station DPR report is under examination at CEA. A bid for civil works is expected soon. 8Project Event: RFQ for civil works is expected to be out in the Q4 2018, instead of Q3 2018. 8Expenditure Approval: Q1:2019 8RFQ Date: Q4:2018 8Release Date: Q4:2018 8Start Date: Q1:2020 8Completion Date: Q2:2025 Click here for more information 8R&M works of the air preheater (APH) in a 450 MW thermal power station in Chhattisgarh: Find out the RFQs Click on detailsDetails
For reference purposes the website carries here the following tenders: 8Supply of Natural Gas/ RLNG for Non-Urea Activity Details 8Supply of Oil and Water Dump ValvesDetails 8Supply of Sulphuric Acid in tankersDetails 8Providing logistics arrangement for calibration of Ultrasonic Flow Meters Details 8Supply of Magnetostrictive Linear Position Transmitters at refineryDetails 8Rate Contract for Gas DetectorsDetails 8Supply of Caustic Lye at refinery Details 8Supply of Pressure Safety Valves in refinery Details 8Supply of the Shell and Tube Heat Exchangers Details 8Procurement of Pressure Reduction Skids Details 8Procurement of Piping Material for Fabrication and Erection of Piping Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Delhi pollution: 17 lakh respiratory infections, 981 deaths in 5 years Details 8Indian Oil buys US crude to part replace Iran cargoes Details 8PetroChina, Qatar holding advanced talks on LNG supply deals: Sources Details 8Amritsar: CNG set to help reduce pollution level in holy city Details 8India to launch second discovered oil, gas fields auction on Thursday Details 8HPCL first quarter net profit up 86 per cent at Rs 1,719 crore Details 8China state firms to expand domestic oil, gas exploration after Xi's call Details 8CNOOC expands Hainan LNG terminal to boost gas sales to trailers Details 8BPCL Mumbai refinery fire leaves at least 30 injuredDetails 8Mahul's 80% villagers face health issues from nearby oil refineries, chemical plants Details 8Lured by higher oil prices, U.S. shale producers boost capital expenditure Details 8Glencore says Rosneft deal to close in H2, loses No.2 oil trader spot Details 8Trade tensions torpedo oil, U.S. sanctions hammer Russian rouble Details 8India's energy deficit down to 1% in four years: NITI Aayog Details 8Government to wheel in a new industrial policy soonDetails 8OPINION: Lessons from soggy oil & gas auctions Details 8Burning Mumbai refinery unit has 72 tons of fuelDetails You can also click on Newsclips for moreDetails
Project Name: Greenfield Thermal Power Project 8Project Cost: 25440 crores 8Project Description: The EPC contractor is carrying out the demolition activities for replacement of the old units with a new 1980 MW super-critical thermal complex. Further bids are expected soon. 8Project Event: RFQ for stacker and reclaimer machine package along with wagon tippler, side arm charger, and apron feeder package is expected by September 2018. 8Expenditure Approval: Nov/2017 8RFQ Date: Sep/2018 8Release Date: Sep/2018 8Start Date: Q1:2019 8Completion Date: Q4:2023 Click here for more information 8Project Name: Thermal Power Plant - Long Term Maintenance Contract 8Project Cost: 5.2 crores 8Project Description: Promoter is evaluating bids for the long-term maintenance contract (LTC) of the water treatment plant and fire protection system. The owner is also planning to come out with an LTC of an ash handling plant soon. 8Project Event: RFQ for a long-term maintenance contract for an ash handling plant is expected by September 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: Sep/2018 8Release Date: Sep/2018 8Start Date: Q1:2019 8Completion Date: Q1:2022 Click here for more information 8Project Name: Hydroelectric Plant Maintenance Project 8Project Cost: 8 crores 8Project Description: Owner has planned an 80-day scheduled annual overhaul in the 720 MW hydroelectric power station. The major scope of work includes overhauling of speed governors, replacement of bearing sets, seals, replacement of valves, pipes, cleaning of trashrack, replacement of runner blades of turbine due to damage caused by silts and debris, among others. 8Project Event: RFQ for required overhaul equipment is expected by September 2018. Click here for more informationDetails
8Project Name: Greenfield 2G Bio-Refinery 8Project Cost: Rs 600 crore 8Latest developments: The land acquisition process is almost completed and work is going on. A tender for the LSTK contractor is out but a slight delay is expected in the selection due to some internal issues and delay in environment clearance. BEDP work has been completed by the licensor and the FEED work is in the final stage of completion. 8Project Event: More RFQs are coming up 8Expenditure Approval: Q1:2017 8RFQ Date: Oct/2018 8Release Date: Nov/2018 8Start Date: Q1:2019 8Completion Date: Q1:2021 Click here for more details for key contacts and other detailsDetails
8Iran's oil exports begin to decline even as India and China continue to be the besieged country's largest buyers. In the face of US sanctions, what is the road ahead from here? Find out more on how other buyers are paring down imports. South Korea, for example, has brought down imports to nil. Are limited waivers from sanctions to importers likely? Click on Report for more 8Bangladesh's first FRSU is now ready to be commissioned. Click on Report for more 8Hazira-Ankleshwar gas pipeline: Cost increases questioned. Click on Report for more 8India's energy demand will eventually move global markets. Find out how two different models can be at play here. Click on Report for more.
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A prefeasibility study was conducted to build a water channel from the Arabian sea deep into Rajasthan 8The channel is meant to link the Rann of Kutch to Rajasthan at Bhakasar in Barmer district, a distance of about 300 kms. 8Of importance is that oil and gas have been discovered in Barmer by Cairn India in partnership with ONGC. Further discoveries of oil and natural gas are imminent too. 8The carriage of oil and even gas through the channel to Kandla, fo example, will be 25% cheaper than road, the argument goes. A lot of other good and commodities can ply the waterway as well. 8There has been no headway in building the channel so far but adherents continue to push hard for it, claiming that there will be many benefits from the channel Click on Reports for more
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There will not be an experience sharing session in the Discovered Small Fields Round-II roadshows 8But beyond these set speeches, if you really want to know what the situation on the ground is with all the operators of Round-1, our website is the one that you need to turn to before you take a decision to put in a bid. 8There are clear red signs that every entrepreneur making a rush for these assets must look out for. Making money is never easy, and investors are advised not to be overtly tempted by rising oil prices and visions of oil and gas fields pumping away for a decade or more. 8The E&P business is a complicated one, as investors are finding out while trying to kick start the DSF Round 1 fields. 8Our website provides the most comprehensive mapping of how the Round-1 fields are doing as of now. Some have entered the contracting phase, others have not. A few have discovered that the fields have far less hydrocarbon than they earlier envisaged Find out more on those entrepreneurs who are not from oil & gas business but nevertheless rushed in but are now struggling to learn the business. Our mapping of DSF Round-1 fields includes: -- Live updates on progress made by each field -- Realistic assessments of their commissioning dates -- Latest updates on clearances obtained or to be obtained by these fields -- Latest contracting updates and business opportunities -- Updates on those who are ahead and those lagging behind -- Pitfalls to be avoided. Get in touch with our marketing team for access to our database on Discovered Small Fields Round. What you get is not just a database but also everyday updates on progress made by these fields Click on Report for moreDetails
The partial disinvestment by BG in Mahanagar Gas Ltd had brought about some amount of gloom on the prospects of the company 8The fact that a large global corporate can disassociate from the city gas distribution company may have got many people thinking whether their investment in MGL is worth its while. 8Find out more on what is ahead for the company and is there a need to be cynical about its future. Click on Reports for more
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Close to US$1trillion of capex meant for 2015-2020 timeline has been taken out of the system so far, since the oil price crash of 2014 8While project sanctions activities are seen to be picking up now, all the deferrals will mean that more than 3mmbpd of supply that was supposed to come onstream by 2020 will now only come in the years after that. 8This will help the supply-demand equation in the medium to long term. 8Also, the need to develop oil production in more expensive areas – as the most expensive last barrel may need to be called upon to meet incremental demand – will continue to support oil prices. 8According to estimates from independent oil & gas consultancy Rystad Energy, the marginal sources of supply in 2020 will be currently non-producing shale fields (new shale) and oil sands, with a weighted average breakeven price of around US$63-66/bbl. 8Imputing some cost inflation to these numbers, we peg our longer-term oil price forecast to around US$65-70/bbl. Click on Reports for more
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Punj Lloyd was blacklisted for two years from participating in ONGC's tenders 8This was because the company messed up on the delivery of a pipeline package in ONGC's B-127 field 8But why is the company still in the list well after the statutory blacklisting period is over? 8Is it because the company is too feeble to fight back now? Comment:It is learned that ONGC has changed Punj Loyd's status today morning after the publication of this news item Click on Details for more
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8Project Name: Drilling Field Development 8Project Cost: Rs 366 crore. 8Project Event New: RFQs for the equipment and oilfield chemicals are expected earlier, by August instead of October 2018. RFQs for hiring wireline services is expected by November 2018. 8Expenditure Approval: Q4/2016 8RFQ Date: Oct/2018. 8Release Date: Dec/2018 8Date: May/2019 8Completion Date: May/2021 Click here for more details 8Project Name: Gas based Power Plant 8Project Cost: Rs 100 crore 8Project Event: RFQ for hiring an EPCM contractor for the project is expected by October 2018 8Expenditure Approval: Q1/2018 8RFQ Date: Oct/2018 8Release Date: Dec/2018 8Start Date: Q4/2018 8Completion Date: Q4/2020 Click here for more detailsDetails
The curious manner in which ONGC intends to impose a ban on Halliburton for submission of false data in an ONGC contract may be used by dozens of blacklisted companies to look for similar relaxations. 8Has ONGC unwittingly made itself vulnerable in this case to demand for similar relaxations by other blacklisted companies? Click on Details for moreDetails
Halliburton is not the only company that ONGC will continue to do business with if it is to be blacklisted 8Deep Industries is one, albeit in an indirect way Click on Details for moreDetails
After Punj Lloyd was blacklisted for messing up on the delivery of the pipeline package, the contract was re-tendered 8Sapura had taken up the job after Punj Lloyd. 8But this contactor too has missed on its deadline by a long margin 8Delivery is not expected until well into next year Click on Details for more
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8Supply of a dozen gas turbine compressors in a pipeline network is coming up 8The RFQ is meant to come in October, 2018 Click on Details for more, including key contactsDetails
Ammonia-Urea & Captive Power Unit Greenfield Project 8Cost - Rs 7000 Crore 8Project Event: RFQ for the EPC contractor is likely to be released soon. Click here for more information DAP/NPK- Phosphoric Acid & Sulphuric Acid Greenfield Project 8Cost - Rs 2000 Crore 8Project Event: The project is in the initial phase and RFQ and the RFQ for an EPC contractor is likely to be released in November 2018. Click here for more information Ammonia-Urea Energy Saving Project 8Cost - Rs 262 Crore 8Project Event: RFQ for Annual Maintenance Contractor is likely to be released in January or February 2019. Click here for more informationDetails
For reference purposes the website carries here the following tenders: 8EOI from leading performance appraisal consulting firms focusing on E&P companies in order to benchmark performance and operating cost of Neelam field Details 8EOI to engage a reputed consulting firm to study various business models for Production Enhancement ContractDetails 8Supply of Fresh Catalyst for Petro FCC Unit in RefineryDetails 8Appointment of COD Operator for Packed and Bulk Bitumen Details 8ARC for Calibration and Servicing of PSVDetails 8Hiring of Service Contract for Online Sealing Injection Work in Plug ValvesDetails 8Procurement of Multifunction Calibrator for GPU and GREP Details 8Procurement of Valves for upcoming Annual Shutdown Details 8Provision of ultrasonic valve cleaning machines at LPG Bottling Plant Details 8Supply of Gate/ Globe Valves Details 8Supply of Pipes to refinery Details 8Consultancy services for Environmental Studies and Statutory Approvals and Clearances Details 8Agency for cleaning of Furnace Coils by Pigging Technology in HCU at refinery Details 8Procurement of Heat Exchanger U-Tubes Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Petrol crosses Rs 77 a litre mark, diesel at Rs 68.50 Details 8Vedanta set to bag 40 oil and gas blocks in country's first open acreage auction Details 8Sri Lanka's Ceylon Petroleum seeks alternative to Murban crude for October Details 8MEIL to supply cooking gas to 10 districts of Telangana Details 8Most major Asian markets up as energy firms rise with oil prices Details 8Nayara Energy raises Rs 2,400 crore through maiden issue of Non-Convertible Debentures Details 8Oil prices steady on falling U.S. crude stocks, Iran sanctions Details 8Trump warns world against business with Iran as sanctions return Details 8Indian Oil Corp team visits STP for Methane-CNG conversion in PunjabDetails 8MNGL finds no takers for 2L piped gas connections Details 8U.S. natgas output, demand seen rising to record highs in 2018Details 8Pakistan’s upcoming government to start laying TAPI pipeline Details 8Open Acreage Auction: Vedanta Cairn gets 41 blocks, ONGC 2 Details 8Why are oil prices and the Nifty moving higher? Details 8India plans to set up LNG terminal in Myanmar - Mr PradhanDetails 8US crude exports to India surge as China intake fades Details 8Megha bags project for 10 Telangana districts Details 8Volume outlook spells gains for gas utilities; Gujarat Gas, IGL stocks gain Details You can also click on Newsclips for moreDetails
8Project Name: Greenfield LPG Pipeline Project 8Project Cost: Rs 3000 crore 8Project Event: RFQ for the mainline pipes is expected by September 2018. RFQ for the laying work is expected by November 2018. 8Expenditure Approval: Q4:2015 8RFQ Date: Sep/2018 8Release Date: Oct/2018 8Start Date: Jul/2015 8Completion Date: Dec/2019 Click here for more details for key contacts and other details 8Project Name: Greenfield Pipeline Project 8Project Cost: Rs 80 crore A slight delay has occurred in the selection of PMC contractor due to delay in environment clearance. 8Project Event: RFQ for PMC contractor is expected by September instead of July 2018. 8Expenditure Approval: Q1:2017 8RFQ Date: Sep/2018 8Release Date: Oct/2018 8Start Date: Q4:2018 8Completion Date: Q1:2020 Click here for more details for key contacts 8An LPG Pipeline Project has been delayed: What Is The Issue? The commissioning of 1 MMTPA production pipeline has been held up for years. Click on Details for moreDetails
8Project Name: Drilling Field Development 8Project Cost: Rs 200 crore. 8Project Description New:The private operators RFQs for oil field services and an EPC contractor for the development drilling of 20 wells and construction of production facilities respectively are expected soon. 8Project Event New: RFQ for the hiring of equipment and oilfield chemicals is expected by November 2018. RFQ for the hiring of EPC contractor for production installations is expected by December 2018. 8Expenditure Approval: Q4/2017 8RFQ Date: Nov/2018. 8Release Date: Q1/2019 8Date: Apr/2020 8Completion Date: Dec/2022 Click here for more details 8Project Name: Oil Field Development 8Project Cost: Rs 300 crore The project requirement will be Drill Pipes, Drill Collars, Drill Bits, Casing Pipes, Blow Out Preventer and Drilling fluids services. Further RFQs are expected shortly. 8Project Event: RFQ for the hiring of equipment and oilfield chemicals are expected by November 2018. 8Expenditure Approval: Q4/2014 8RFQ Date: Nov/2018 8Release Date: Dec/2018 8Start Date: Jan/2020 8Completion Date: Dec/2021 Click here for more detailsDetails
Project Name: Greenfield Super Thermal Power Project 8Project Cost: 18540 crores 8Project Description: Owner along with contractors is undertaking balance work activities in a greenfield 1980 MW super-critical thermal power plant. Further bids are expected soon. 8Project Event: RFQ for balance works in main plant area and balance civil works of pipes and cables worth Rs 10 crore are expected by September 2018. 8Expenditure Approval: 2012 8RFQ Date: Sep/2018 8Release Date: Sep/2018 8Start Date: Jan/2012 8Completion Date: Oct/2018 Click here for more information 8Project Name: Greenfield Hydroelectric Project 8Project Cost: 1860 crores 8Project Description: Promoter is evaluating bids for a 150 MW greenfield hydroelectric plant. No PPA is to be signed. Further bids are expected soon. 8Project Event: RFQ for engineering, procurement, construction and commissioning of electro-mechanical works is expected by the September 2018, instead of August 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: Sep/2018 8Release Date: Sep/2018 8Start Date: Q2:2019 8Completion Date: Q4:2023 Click here for more information 8Overhauling works in a 1200 MW North Chennai thermal power station: Find out the requirements Click on detailsDetails
Like in politics, in the battle for big ticket deals, there are no permanent enemies. 8There are only permanent interests 8Two companies can get together and win multi billion dollar contracts and yet be on different consortiums fighting for yet another deal 8Chinese walls are usually built when these scenarios play out, so that information does not leak out of who is bidding at what price Click on Details for more
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High competition and yet-to-recover oilfield equipment and services prices have meant that ONGC elicited a competitive bid for its SPF and SURF package for the KG-DWN-98/2 block well below its own estimate. 8"The difference between the winning bid and our own assessment is very significant," a senior ONGC official said. 8Even the highest bid was well below the reserve price estimate, it is learned 8Find out what ONGC has assessed the values would be and what was eventually settled for Click on Details for more
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Thankfully for ONGC, despite the fact that oil prices have begun hardening, the company may be able to still elicit the best price rates from global consortiums bidding for the KG-DWN-98/2 block 8This is because there is a lag effect between oil prices and the hardening of equipment and services rates 8"There has been a significant level of overcapacity in the market, and rates continue to stay low. In fact, in some segments of the offshore industry, such for rigs and floaters, prices continue to go down even as ordering has improved Click on Details on how ONGC will remain benefited despite the long delay in the contracting process for the KG-DWN-98/2 block.
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ONGC has raised the cost estimate for the offshore processing platform in the KG-DWN-98/2 8"The reason why this estimate is raised is to take away any surprises. If the quoted price is more than 15% higher than the reserve price, the tender may have to be rejected. So to ensure a smooth tendering process, we want to keep the reserve price realistic, given that there is significant competition in the tender," an ONGC official told this website. 8"We are also examining whether we can keep the third bidder in the race too, so as to enhance competition," the official went on to add 8The competition is tough and there is now anticipation that the winning bid may be lower than ONGC's own estimate as has been the case with the SPF-cum-SURF tender. Click on Details for more
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8ONGC finally commissions the project. 8Also get the latest update on the Pipeline Replacement Project-6 that is currently under tendering We provide the best coverage of ONGC's offshore projects on account of our strong across-the-board relationships with the oil & gas sector. Teams of engineers are constant scouting for information from the ground and they pick up all possible signals. The entire data is then uploaded to a sophisticated project monitoring software to enable you to get the best intelligence on the oil & gas industry in India. Among our subscribers are the biggest offshore companies in the world Click on Details for more
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For reference purposes the website carries here the following tenders: 8Operation and Maintenance Contract for Single Point Mooring System at refinery Details 8AMC of Electrical Works for LPG PlantDetails 8AMC for Testing and Calibration of PSV/ TSVDetails 8Annual Maintenance Contract for Civil Works Details 8Supply of Caustic Soda LyeDetails 8Flowserve Make DCU Coke Cutting SparesDetails 8Supply of CS Sheets Details 8Supply of sensors of H2S gas detectors at refinery Details 8Procurement of Heat Exchangers at refinery Details 8Supply of Carbon steel Pipe Fittings Details 8Hiring of Services for execution of Field Development plan Details 8Expression of Interest for provision of Lighting and Earthing Maintenance Services Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India’s largest refiner plans $25B output boost Details 8US sanctions on Iran cast shadow on Indian exports Details 8Oil up after OPEC sources say Saudi crude output fell Details 8IOC to invest Rs 1.75 lakh crore for expansion: Chairman Sanjiv Singh Details 8L&T's construction arm bags orders worth Rs 1,296 crore Details 8Tanzania wants to build pipeline to pump gas to Uganda Details 8Strike continues at Total's North Sea oilfields, talks planned Details 8IGL gets city gas licence for Meerut, Muzaffarnagar Details 8Oil rises after OPEC sources say Saudi crude output fellDetails 8Taiwan's $6.6 bn petrochem plan hits IOCL's feedstock constraints Details 8Reliance Industries' bid for jet fuel JV spooks oil marketing firms, AAI: reportDetails 8Oil markets tread water ahead of renewed US sanctions against Iran Details 8Crude oil rises ahead of renewed US sanctions against IranDetails 8U.S. West Coast power, natural gas prices soar in latest heat wave Details 8Trading firm Trafigura looks to build U.S. deep water oil port Details 8Rupee opens 3 paise down at 68.91 against US dollar Details 8What causes fire in CNG cars and how to remain safe? Details 8Vedanta Resources Q1 EBITDA rises 26% to USD 983 million Details You can also click on Newsclips for moreDetails
Ammonia-Urea & Captive Power Plant Greenfield Project 8Cost - Rs 10741 Crore 8Project Event: The purchase work for other services is ongoing. RFQ for LSTK contractor was floated in May 2017 for Generating Ammonia Syn. Gas & Carbon Dioxide Gas, finalization is due in September 2018. The tender for the ammonia-urea plant is extended from 30 July to 13 August 2018. Click here for more information Ammonia-Urea Energy Saving Project 8Cost - Rs 481 Crore 8Project Event: The basic engineering is ongoing, the purchase of a long lead item is under process. The project is waiting environmental clearance and it is likely to be elicited in January 2019. Click here for more information SSP-Sulphuric Acid & NPK Fertilizer Expansion Project 8Cost - Rs 75 Crore 8Project Event: The company is likely to be release the tender for the EPC contractor after the environmental clearance which is likely to be elicited in September 2018. the environmental clearance has been delay due to evaluation & specification issues. Click here for more informationDetails
The winner for the SURF + SPS tender for ONGC's KG-DWN-98/2 has been announced 8The lowest bidder had quoted a price of $1694.45 million 8The second lowest bidder quoted a price of $1709.63 million 8The third bidder quoted almost $200 million more than the winning bidder at $1886.06 million 8Find out who quoted how much for the tender and who ran away with it. Click on Details for more
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8Asian markets would be an eight-day to an 11-day sail from proposed LNG terminals on Canada’s West Coast. Click on Report for more. 8Find out why Soft Bank's Asian power super grid proposal, despite being feasible, is not making much headway. Click on Report for more. 8This time around, the Indian economy is facing a more complex set of problems than before. Find out why click on Report. 8Cutting edge solutions: A new plastic has been invented that makes it more suitable for gas pipelines. And what is more, pipelines can be produced using 3D printing. Click on Report for more. 8Renewable energy projects are picking up speed in Sri Lanka. And the returns are more attractive than India. Know more click on Report. 8Taiwan’s CPC Corp has announced that it wants to invest US$6.6 billion in India in a petrochemical complex. But that is subject to a lot of conditions. Click on Report for more . 8How will bunker fuel prices change in 2019 before everything changes in 2020? Know more click on Report . 8Will China impose a 25% tariff rate on LNG imports from the US? Click on Report for more. 8Corporate governance in ONGC: Did all directors attend board meetings regularly? Click on Report for more. 8Why do analysts have a buy recommendation on Gujarat Gas. Find out more click on Report.
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Project Name: Greenfield Hydroelectric Project 8Project Cost: 8456 crores 8Project Description: A subsidiary company along with contractors is constructing a greenfield 1000 MW hydroelectric power project. Further bids are expected soon. 8Project Event: RFQ for material handling, erection, testing and commissioning of electro-mechanical equipment contractor is expected by September 2018 by BHEL. 8Expenditure Approval: 2016 8RFQ Date: Sep/2018 8Release Date: Sep/2018 8Start Date: Aug/2018 8Completion Date: 2023 Click here for more information 8Project Name: Hydro Power Station - Annual Maintenance Contractor 8Project Cost: 5 crores 8Project Description: Owner is planning to come out with an annual maintenance contractor of hydro-mechanical equipment in a 60 MW hydropower station. The contract duration will be for 12 months. Further bids are expected soon. 8Project Event: RFQ for an annual maintenance contractor of hydro-mechanical equipment is expected by the Q4 2018. 8Expenditure Approval:Q1:2018 8RFQ Date: Q4:2018 8Release Date:Q4:2018 8Start Date:2019 8Completion Date: 2020 Click here for more information 8Overhauling works in a 1000 MW thermal power station in Chhattisgarh: Find out the project owner Click on detailsDetails
If you are a top oil & gas professional, you can apply for top slots in public sector oil companies 8While in-house candidates are preferred, there is an odd chance, given open thinking in the government of the day, that you may get qualified 8Know more on which slots are vacant 8Which ones are going to get vacant 8Plan out where you can fit in Click on Reports for more
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Biofuel start-ups are springing up all over the country 8And there are many products to offer 8There are those which are opening up filling stations 8And others who are offering customers the opportunity to make bio-fuels anywhere in the country by transporting compacted bio-mass to wherever you want to produce it Click on Reports to know more
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City gas major, MGL, is strenuously fighting a pipeline tariff declaration 8An adverse final ruling will have a negative impact on it Click on Reports for more
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The offshore E&P services market is showing signs of a revival 8Orders are picking up 8The pipeline is building up 8Tendering activity is now "significant". 8But there is still a lot of overcapacity and it is uncertain at what pace the challenging pricing environment in this market will improve. Click on Reports for more
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RIL may have the world's largest refinery hub but it does not figure among the world's largest refinery companies 8Nor does any Indian company 8The long held view earlier was that spreads of $4/bbl made a refinery profitable, not the figure has more than doubled 8For reference purposes, the website also carries the cost benchmarks for different refinery processes for our readers Click on Reports for more
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