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Aug 2026

8Here's what's happening today in the E&P, midstream-downstream, and CGD section
Click on Reports for more Details Details
8Project Name: Allahabad District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details Details
8Project Name: Chandigarh District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details Details
For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8Cabinet approves Rs. 23,731 crore 10-year GOBARdhan scheme to scale up compressed biogas production Details
 8Golar LNG announces a new $600 million senior secured revolving credit facility Details
 8Record low gas stocks expose Europe to risk of price spikes Details
 8Bangladesh approves purchase of 8 LNG cargoes, 5,000 tonnes LPG amid energy crunch Details
 8African LNG projects advance as the IEA lowers its global supply outlook to 2030 Details
 8ConocoPhillips says any Qatar LNG project delays likely limited to months Details
 8EXMAR to enable LNG as maritime fuel Details
 8IGX records 180% YoY surge in gas volume to 11.64 million MMBtu in July 2026 Details
 8India cuts energy import dependence to 42%, oil imports still meet 90% of demand: CII-EY Details
 8India must secure minerals and manufacturing, not just fuel, to safeguard energy future: report Details
 8TrueRE Oriana Power signs Rs. 4,500 crore MoU with Maharashtra for green hydrogen project Details
 8Iran warns Gulf states of strikes on energy assets if US attacks resume Details
 8APSRTC to add 500 CNG buses to its fleet Details
 8Hindustan Petroleum buys 2 million bbl West African oil for Sept via tender, sources say Details
 8APSRTC to add 500 CNG buses to its fleet Details
 8Hindustan Petroleum buys 2 million bbl West African oil for Sept via tender, sources say Details
 8The future of freight: electrify more, optimise better Details
 8Kejriwal alleges Centre forced SIAM to withdraw 'report' on E20 fuel Details
 8Indian refiners buy West Asian and West African crude, sources say Details
 8Oil prices slip as Iran-Oman talks fuel hopes for US-Iran peace deal Details
 8US crude inventories rise as refinery runs ease and imports climb, EIA says Details
 8ONGC eyes operatorship of two Venezuela oil blocks Details
 8Torrent Power: why is it betting on gas plants when everyone else is chasing renewables? Details
 8FSRU fragility exposing gas supply vulnerabilities Details
 8Govt approves purchase of 8 LNG cargoes, 5,000 tonnes of LPG Details
 8Big update for LPG and CNG users: domestic cylinder prices likely to rise as Modi government plans to impose a new levy Details
 8Govt requests India to increase diesel supply through pipeline: minister Details
 8Asia boosts US LPG imports to replace Middle East supply Details
 8E20 concerns drive buyers towards CNG, hybrids and EVs: FADA Details
 8LPG: get your e-KYC done before August 18, know what will happen next Details
 8Ujjwala beneficiaries' LPG refill consumption rises to 4.71 cylinders in FY26, Centre tells Parliament Details
 8Centre weighs charging LPG and natural gas users to finance $42 billion emergency fuel stockpile Details
 8Indian Oil launches Indane XTRALITE NOW with 3-hour LPG delivery service in Delhi Details
 8Russia remains India's top crude oil supplier with record imports in July Details
 8India's alternative-fuel cars close in on petrol as E20 uncertainty grows Details
 8Oil prices today: crude slips as Iran-Oman talks fuel hopes of peace deal, Hormuz reopening Details
 8India to operate two Venezuelan oil blocks, set to get access to world's largest crude reserves Details
 8India cuts overall energy import dependence to 42%, but crude oil imports still meet 90% of demand: CII-EY report Details
 8India's HPCL buys 2 mln bbl West African oil for Sept via tender, sources say Details
 8100% tariffs: why India may ignore Trump threat and continue buying Russian crude oil Details
 8Cabinet approves Rs. 23,731 crore GOBARdhan scheme to boost compressed biogas Details
 8ONGC set to take operatorship of two Venezuela oil blocks; gains access to world's largest crude reserves Details
 8ONGC announces Rs. 1 final dividend – record date fixed Details
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8A daily roundup of tender results in the oil and gas sector.
8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts.
Click on Reports for more. Details
8Get all the latest tenders announced across the oil and gas industry today.
8Discover new procurement opportunities from key public and private sector players.
Also click on the Tenders section for more detailed documentation
Click on Reports for more. Details
For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8Sterling Shipyard delivers Z-Tech 30-80 tractor tug to Gulf LNG Tugs Details
 8Shell divests Cyprus unit to MOL Group as part of LNG-refocused strategy Details
 8EIR still sees oil at $100 in H2 2027 Details
 8ADNOC deploys AI-powered rig operations center Details
 8Fugro’s deepwater ROV services to back drilling activities offshore India Details
 8Shell’s JV chooses ECOnnect’s jettyless import solution for Caribbean LNG project Details
 8India's ethanol blending drive backed by science: Brazil trade minister Details
 8India auto lobby withdraws warning on ethanol fuel damage to revise numbers Details
 8Assured prices, subsidies to spur CBG output Details
 8As E20 debate grows, here's what the government says and what's really at the pump Details
 8No policy formulated to incentivize vehicles blended with over 20% ethanol: Heavy Industries Ministry Details
 82 lakh LPG users in Ghaziabad still pending eKYC ahead of Aug. 15 deadline Details
 8Oil extends declines as investors await outcome of US-Iran talks Details
 8Macquarie in advanced talks to buy Fourth Partner Energy Details
 8IRDAI told to draw up plan to make third-party cover mandatory for fuel purchase Details
 8Why oil markets are staying calm despite the West Asia conflict Details
 8Oil prices are running ahead of reality, pricing in a permanent US-Iran peace deal that does not yet exist Details
 8The front-month ICE Brent contract has fallen by $5.77/bbl on the day to trade at $80.30/bbl at 09:00 GMT Details
 8India to create strategic liquefied gas reserves: Report Details
 8Shipping Corporation of India invites bids for up to six LNG dual-fuel container vessels Details
 8HelloBPCL: Your one-stop app for LPG booking, fuel payments and business solutions Details
 8National retrofit policy necessary to convert used cars to Auto LPG: Industry Details
 8India may charge gas users to fund planned $42 billion fuel reserves, sources say Details
 8India bonds rally on dovish RBI hold and lower oil prices Details
 8India hopes to take over operation of Venezuelan oil fields from PDVSA Details
 8Hormuz bottleneck pushes Indian refiners toward West African grades Details
 8Iraq-Syria pipeline to bypass Hormuz could be revived within three years Details
 8Houthis claim ballistic missile hit on Saudi oil tanker in Red Sea Details
 8BP’s new boss has a message for Britain Details
 8India eyes Venezuela blocks operatorship; regains Russia's Sakhalin-1 stake Details
 8Oil India: Assam tax dispute resolved, GST royalty case pending Details
 8IGX traded gas volume reaches 11.64 million MMBtu, up 42.05% MoM and 180.09% YoY Details
 8HPCL and ICICI Lombard join hands to make vehicle insurance renewals easier at fuel outlets Details
 8You can also click on Newsclips for more Details
8Here's what's happening today in the E&P and midstream-downstream section
Click on Reports for more Details Details
8What the letter of 30 July 2026 states
8Plant-specific norms replace group targets, effective sixteen months before the letter was issued.
8Three decimal places, five open questions. Details
8Oil India’s latest amendment does far more than add 21 days to its six-rig procurement.
8It opens the door to different substructure configurations while tightening the transport envelope and BOP allocation.
8The commercial significance lies in how certification, manpower replacement and post-demobilisation liability have been redistributed.
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8OIL has tied mobilisation of two 2000 HP rigs to readiness of both the plinth and approach road, changing a critical project interface.
8The contractor gains protection from client-side site delay, but the 60-day clock still contracts when layout drawings arrive late.
8The commercial outcome now turns on a term the corrigendum does not define.
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8OIL held firm on the specifications that determine whether bidders can deploy an existing rig or must fund a specialised asset.
8Yet one repeatedly contested operating-cost provision was reversed after the initial clarifications.
8The resulting three-two qualification split conceals a deeper contest over which risks OIL was willing to rebalance.
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8Oil India Limited widened the route into its 36-month OSV charter but still eliminated three of eight participants before price competition.
8The surviving field combines established offshore operators with a national shipping major, even as the tender preserves stringent vessel and risk conditions.
8What separated the five qualified bids from the three rejected offers remains hidden in the supplied evaluation record.
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8Oil India’s attempt to combine core logistics with advanced conventional, unconventional and heavy-oil analysis has ended without an award.
8The cancelled procurement covered a technically demanding chain spanning resistivity, NMR, SCAL, rock mechanics and reservoir-condition formation-damage testing.
8What turned this ambitious laboratory programme into a single-bidder failure lies in the tender’s unresolved capability and risk boundaries.
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1) ONGC’s latest G1 and R1-E1 subsea tie-in corrigendum hardens e-BG timing but leaves the SFMS route internally conflicted
8ONGC has shifted the latest G1 and R1-E1 subsea tender amendment away from engineering changes and into the mechanics of bid and performance security.
8A new NeSL cut-off and sharper post-award consequences could make bank execution as decisive as subsea capability.
8But one surviving set of SFMS references leaves a critical admissibility question unresolved.
 
2) Oil India corrigendum eases refloat certification but leaves a critical TPIA clause blank in its 20-inch casing tender
8Oil India has opened a six-month route for reusing certified qualification records in its 12,000 m casing procurement.
8The relief lowers repeat-bid friction while a 135-day EMD requirement preserves the client’s commercial protection.
8Yet the corrigendum’s supersession language exposes an unresolved clause-level anomaly with consequences beyond administrative convenience.
 
3) ONGC opens OEM sourcing but retains brownfield design risk as Hazira cathodic protection tender extends
8ONGC has widened equipment sourcing and released missing technical references for its Hazira cathodic protection revamp.
8Yet route verification, legacy-data gaps and multidisciplinary LSTK interfaces remain firmly with the contractor.
 
4) ONGC widens OGT Mallavaram bidder pool but shifts final brownfield risk deeper into LSTK bids as closing is extended
8ONGC has moved the OGT Mallavaram bid deadline while relaxing one pivotal piping-experience threshold.
8The change may expand competition, but the contractor still faces undefined quantities, owner-controlled DCS interfaces and stricter security compliance.
8The real commercial consequence lies in how bidders price those retained uncertainties.
 
5) ONGC extends Ahmedabad drilling-rig firefighting AMC after security-route deletions and a price-sheet correction
8ONGC’s Ahmedabad Asset has extended a safety-critical firefighting AMC after narrowing acceptable BG routes and identifying locked commercial cells.
8The revised price mechanism forces bidders to bridge Table 4.G, cell H-16 and the GeM ranking value through manual calculations.
8What appears to be a routine seven-day extension therefore carries a deeper qualification and evaluation risk.
 
6) ONGC pushes Pipeline Laying Project bidding after six extensions and a 138-day reset
8ONGC has given marine-spread bidders another 33 days after repeatedly rewriting the commercial architecture of its five-season offshore pipeline contract.
8The latest extension follows lower performance security, restored escalation and wider freedom over vendors and yards.
8What the 138-day reset says about participation and interface readiness lies deeper in the tender trail.
 
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1) ONGC puts 70% of GCP Wadu O&M payments behind compressor availability and operating discipline
8ONGC has recast GCP Wadu’s five-year O&M requirement as an availability contract rather than a conventional manpower deployment.
8Siemens Energy must integrate compressor reliability, instrumentation integrity, statutory compliance and plant-wide operating control under a single accountability framework.
8The crucial tension lies in how the tender separates contractor failure from ageing equipment, gas-side disturbances and ONGC-controlled inputs.
 
2) ONGC puts offshore drilling reliability behind a condition-led repair contract for heavy electrical machines
8ONGC is tying the restoration of drilling-critical motors, alternators, brakes and transformers to joint diagnostics and measurable workshop acceptance.
8VPI, dynamic balancing, staged inspection and machine-specific test envelopes create a technically demanding gateway to the three-year programme.
8The deeper tension lies in who carries the cost when dismantling exposes work that the original schedule did not anticipate.
 
3) Oil India’s barytes tender eliminates four of nine bidders before the 37,800-MT price contest in Oil India barytes procurement
8Oil India’s drilling-grade barytes tender has lost 44.4% of its participating field at the technical stage.
8Five suppliers remain eligible for a tightly controlled 14-rake programme carrying laboratory, inspection and logistics gates.
8The evaluation record leaves a critical question unanswered about what separated the qualified suppliers from the four rejected offers.
 
4) ONGC tightens NeSL bid-security timing while opening a controlled PBG cure route for the MH Asset LED replacement project
8ONGC’s latest corrigendum leaves the seven-platform LED scope untouched but materially changes how financial instruments can decide bid survival.
8A bidder gains relief on SFMS documentation and possible EMD adjustment, yet faces a harder electronic timestamp and an express post-award enforcement ladder.
8The real consequence emerges where banking execution, offshore mobilisation and a 210-day first-delivery milestone collide.
 
5) ONGC’s latest  waste heat recovery unit  corrigendum deletes the SFMS bid-security route while widening offshore scrap delivery to Pipavav
8ONGC has left the eight-unit offshore WHRU replacement scope intact but redrawn the security and dismantled-material logistics around it.
8A new NeSL cut-off can now defeat an otherwise timely bid, while failure to furnish post-award security carries consequences beyond a monthly charge.
8The interaction between the deleted SFMS clause, alternative scrap port and missing tender schedule holds the deeper contracting risk.
 
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8The company is seeking a consultant to test whether its polymers, refinery chemicals, coatings, additives and bitumen technologies can command real markets. The mandate goes far beyond market sizing, requiring named customers, competitor plants, pricing mechanisms and product-wise commercialization strategies.
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8Indian Oil wants a maturity assessment covering roughly 1,200 employees and 15,000 contract workers, supported by physical interviews, bilingual questionnaires and a management roadmap. Yet the GST-inclusive estimate is only Rs 7.89 lakh. The tension between survey depth and budget could determine whether the exercise becomes a serious HSE diagnostic or a compliance-led study.
8It is these kind of reserve prices that makes a good proposal pedestrian.
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8Three bidders entered the race, but only two survived technical evaluation. That is more than a bidder update—it reflects how demanding GAIL's qualification architecture has become. The implications extend well beyond this 65.40 km pipeline.
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8Four companies appear in the award list at Rs 0.00, making conventional L1 analysis largely meaningless. The real competition is likely to emerge around licensing rights, customer ownership, royalty sharing and responsibility for scale-up. The unanswered question is whether the company is creating partners, channels or future competitors around its own technology.
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8Whether that is enough depends on risks that the corrigendum itself does not remove.
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1) GAIL’s Pata shutdown flexibility could become the contractor’s hidden cost centre
8The five HRSGs may be handed over in separate operating windows, with gaps of 1 to 1.5 months or more. Bidders must absorb repeated mobilisation, demobilisation and resource retention without additional payment. The clause could materially alter how serious inspection agencies price the job.

2) BPCL’s Bina expansion pump tender reaches sixth extension as the API 610 package gains 62 days
8The unresolved question is whether the additional time protects competition or transfers a deeper schedule problem into project execution.

3) BPCL’s Kochi polypropylene package shifts 26 days as technical uncertainty outlasts the original bidding window
8The tender moved through three extensions from 16 July to 11 August 2026. The notices provide more time but no official explanation for the repeated changes. The technical record shows why the additional window may have become necessary.

4) IOCL’s 6,000 MT cetane improver contract concentrates more than half the volume at Paradip refinery
8Paradip alone accounts for 3,476 MT, making its drum-supply economics central to the overall landed-cost ranking. Yet bidders must quote for all nine refineries rather than optimise around the dominant destination. The resulting logistics equation could determine which manufacturers remain genuinely competitive.

5) GAIL’s Bengaluru CBG tender slips 25 days as EPCOM risk tests bidder appetite
8The repeated slippage comes without any relaxation in technical qualification, EMD or long-term operating responsibility. The unanswered question is whether bidders need more time to price the plant, or whether the qualified vendor pool is thinner than expected.

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1) KLL extends Dabhol navigational-channel bathymetry tender as vessel mobilisation and unpaid standby risks sharpen
8KLL has given bidders six additional days after clarifying a marine-survey contract that places vessel availability and waiting costs firmly on the service provider. The critical issue is not the echo-sounding scope alone, but how a seven-day mobilisation window interacts with annualised-value penalties and unpaid operational downtime. The extension provides more pricing time without settling several variables that could determine bidder appetite and execution economics.

2) IOCL’s Paradip catalyst tender exposes the limits of competition inside a five-vendor club
8IOCL has removed conventional turnover and experience thresholds, but the Rs 8.52 crore package remains closed to five approved contractors.

3) BPCL’s seven-day extension preserves a demanding 5 kg-to-100 kg polymer scale-up sequence at Greater Noida
8The deadline has moved, but the staged technical programme remains intact. Three successful 5 kg batches must still precede demonstration of at least one successful 100 kg batch. The unchanged sequence leaves the core scale-up challenge unresolved.

4) IOCL gives Haldia Refinery flare consultants seven extra days but leaves the extension trigger unexplained
8The closing date has moved from 5 August 2026 to 12 August 2026, a net shift of seven days. That interval exactly matches the bid’s configured automatic-extension period. Whether participation or clarification pressure caused the movement remains undisclosed.

5) Delayed piperack, not process-unit construction, may be the real critical path for IOCL’s BR-9 expansion
8AVU-4 and OHCU were approaching mechanical completion while the main piperack and permanent flare headers were running behind schedule. That mismatch shows how common infrastructure can hold up billions of rupees of downstream capacity even when individual units are nearly ready. IOCL’s cancellation leaves the revised commissioning sequence unclear.

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8Here's what's happening today in the E&P, midstream-downstream, and CGD section
Click on Reports for more Details Details
8A daily roundup of tender results in the oil and gas sector.
8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts.
Click on Reports for more. Details
8Get all the latest tenders announced across the oil and gas industry today.
8Discover new procurement opportunities from key public and private sector players.
Also click on the Tenders section for more detailed documentation
Click on Reports for more. Details
It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
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And LNG makes up for it, even as demand stays wobbly
 8Then city gas overtook fertilizers in gas consumption
 8And the blame is on private gas producers
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8So it is time EPC contractors turn from oil & gas biggies to these lower profile private chemical companies who have begun spending heavily on capex
8There is money to be made Details
For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8BP raises dividend rate Details
 8USA gas prices could hit record this week Details
 8Aramco plans to boost oil export capacity Details
 8Russia expands 'shadow LNG fleet' ahead of tougher EU sanctions on gas exports Details
 8Germany augments gas arsenal as Uniper pens 20-year LNG deal with Canadian project Details
 8Golar LNG raises $600 million loan with FLNG business expansion in mind Details
 8India boosts LNG imports despite Hormuz disruption; diversification strategy pays dividends Details
 8No policy to incentivise flex-fuel vehicles beyond E20: Government Details
 8Assured prices, subsidies to spur CBG output Details
 8Macquarie in advanced talks to buy Fourth Partner Energy Details
 8IRDAI told to draw up plan to make third-party cover mandatory for fuel purchase Details
 8'Hormuz deal with Iran today': Oil slips below $80 on truce hope Details
 8HPCL buys West Africa crude for Rajasthan refinery, sources say Details
 8Confidence takes LPG out of the dire Strait Details
 8Oil ticks up after selloff as talks to end US-Iran war remain uncertain Details
 8Oil traders set to wind down UAE exchange positions after ADNOC benchmark change Details
 8L&T bags Rs. 15,000+ crore offshore contract from ADNOC Offshore Details
 8Trump says oil majors making 'too much money' from Iran war-driven crude shortage Details
 8Ethanol projects get nod for Rs. 4,687 crore interest subsidies Details
 8Fuel exports hit one-year high in July on strong diesel margins Details
 8Why I walked away from ethanol Details
 8Government to consider farmers' views on ethanol policy: Shivraj Singh Chouhan Details
 8GRSE bags Rs. 1,032 crore PSV contract from ONGC: Powering India’s offshore energy sector Details
 8GE Shipping Q1 profit jumps over two-fold to Rs. 1,309 crore Details
 8SCI floats tender for construction of next-generation 8,000 TEU LNG-fuelled container vessels Details
 8Petronet LNG to host analysts at Samvaayah 2.0 meet in Kochi Details
 8Shipping Corp of India opens bidding for six LNG-ready boxships Details
 8India’s LNG imports rise as it diversifies supplies away from Hormuz: Report Details
 8India’s SCI seeks six newbuild LNG containerships in its biggest tender Details
 8Centre to launch Sampoorn Gobardhan Scheme on August 10 to boost CBG production Details
 8Need LPG refill fast? Book express delivery, get 10-kg cylinder in 3 hours in Kolkata Details
 8India raises windfall taxes on fuel exports amid volatile global oil prices Details
 8ONGC Q1 results: Oil giant's profit doubles to Rs. 17,034 crore amid rising crude prices Details
 8Indian-flagged ship carrying oil from Saudi Arabia sinks after attack in Red Sea; all crew members rescued Details
 8US crude oil inventories build as Washington talks up potential peace deal Details
 8Oil markets price in an Iran deal that does not exist yet Details
 8ONGC profit more than doubles as oil prices surge Details
 8Hormuz tanker traffic stalls at two-month low as attacks escalate Details
 8Pakistan partners with Canadian firm to boost domestic heavy crude output Details
 8Oil India Q1 results: Conference call scheduled for August 10 Details
 8ONGC Q1 Results 2026: Standalone profit up 112%; consolidated profit drops 43% Details
 8Engineers India board meeting on 13 August to approve Q1 results Details
 8Petronet LNG to attend investors meet and Kochi terminal visit in September 2026 Details
 8HPCL to hold 74th AGM on August 26; announces Rs. 19.25 final dividend Details
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8Project Name: Dharwad District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details Details
8Project Name: Udhamsingh Nagar District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details Details
Find out what really happened
8And why is there is asymmetry: Buyer pays full price, seller pays 15%
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8Prabhudas Lilladher said Rs 2,460 crore. Bloomberg consensus said Rs 2,860 crore. Motilal Oswal said Rs 3,420 crore. GAIL reported Rs 6,380 crore.
Why is this so? Details
For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8"Ethanol policy is flawed": Arvind Kejriwal on planned march to PM's residence Details
 8Ethanol blending in petrol can help India save Rs.38,000 crore annually: Oil Ministry Details
 8India wasn't first to adopt ethanol-blended fuel: A comparison with five countries Details
 8India's ONGC to allocate half of new oil storage to strategic reserves Details
 8West Bengal woman goes to check for LPG subsidy, finds Rs.100 crore in bank account Details
 8Confidence takes LPG out of the dire Strait Details
 8India's Venezuelan oil imports decline in July; here's what the latest shipping data shows Details
 8OPEC+ boosts oil output by 188,000 barrels per day: What it means for India Details
 8India raises windfall taxes on fuel exports amid volatile global oil prices Details
 8ONGC to reserve half of new oil storage for strategic reserves Details
 8GRSE bags Rs.1,032 crore contract from ONGC to build four offshore support vessels Details
 8Government cites global commodity and energy costs for rise in wholesale price inflation Details
 8Essar Group plans $5.8 billion energy transition investment in the UK Details
 8India's deep-sea bet: Centre's 'Samudra Manthan' to churn crude – How it works Details
 8Saudi oil tanker heads to India as Red Sea and Hormuz traffic slows amid attacks Details
 8Oil tumbles as Trump cancels attack on Iran to reach nuclear deal Details
 8Gold firms as oil prices slump after Trump holds off on Iran attack Details
 8Petrol and diesel sales up, jet fuel and LPG dip Details
 8IOC rethinks Rs.33,000 crore Tamil Nadu refinery Details
 8Kyiv hits Rosneft refinery, Engels air base in Russia Details
 8OMCs feel war heat, but Q1 losses below 25% of government forecast Details
 8India kicks off one of its 'most challenging' deepwater oil and gas exploration operations Details
 8Saipem's merger with Subsea7 clears crucial US antitrust hurdle Details
 8Worley picks up new assignment in Australia Details
 8Odfjell Drilling's 2009-built rig goes back to work after BOP incident-related hiatus Details
 8Subsea7 scores 'sizeable' contract in Brunei Details
 8Why India bought record Russian oil in July despite Trump's 100% tariff threat Details
 8Ukraine's drone campaign drives Russian oil refining to 24-year low Details
 8Trump orders oil companies to cut gas prices, targets Chevron CEO Details
 8Georgia's Kulevi Refinery replaces Russian crude with Kazakh and Libyan oil Details
 8Trump's Iran reversal sends European gas prices tumbling Details
 8Dark tanker transits surge at Bab el-Mandeb as Houthi threat persists Details
 8Indian Oil subsidiary CPCL plans 280,000 bpd Manali refinery Details
 8Australian regulator wants tougher pollution rules for Darwin LNG plants Details
 8Big oil companies report record profits amid high oil prices Details
 8Why the U.S. can't easily exit the Iran conflict Details
 8BPCL 73rd AGM on 27 August – Director appointments and payments business on agenda Details
 8GAIL rolls out AI-Tarang Stage 3 – Employees build real AI solutions Details
 8Cochin Shipyard Recruitment 2026: Manager (Defence Business Expansions) – 2 vacancies Details
You can also click on Newsclips for more Details
8A daily roundup of tender results in the oil and gas sector.
8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts.
Click on Reports for more. Details
8Get all the latest tenders announced across the oil and gas industry today.
8Discover new procurement opportunities from key public and private sector players.
Also click on the Tenders section for more detailed documentation
Click on Reports for more. Details
8And this is after a Rs 750 crore IPO
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8It is now aiming for the skies, Samudra Manthan is where the eyes are
8The Rs 1400 crore PEC contract is not longer the focus
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8Here's what's happening today in the E&P, midstream-downstream, and CGD section
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8Torrent both burns gas and trades RLNG.
8But recently it bought nothing to trade
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1) PEL’s North Karanpura rig tender turns mechanical reliability into the decisive commercial variable
8PEL requires a complete rotary workover package for continuous CBM well interventions.
8Repair compensation is capped at 50% of the operating rate and ends after the permitted downtime window.
8The eventual price comparison will reveal how much reliability risk bidders are prepared to absorb.
 
2) ONGC awards four-asset drilling O&M package to Ansh Petro at Rs 68.73 crore
8ONGC’s consolidated drilling/workover O&M award places Ansh Petro only 1.2% below North Eastern Drilling and Workover Services.
8The winner must serve four geographically dispersed assets under KPI-linked payments after ONGC removed its wage-reimbursement component.
8Whether that narrow winning price adequately covers labour escalation and multi-asset execution is the question behind the result.
 
3) ONGC bars SFMS security for 869-phase offshore WBM tender but retains the route inside its revised clause
8ONGC’s corrigendum says SFMS BG will not be accepted for its three-year offshore mud-engineering contract.
8Yet revised GCC Clause 10 still lists SFMS BG and preserves the procedure for submitting it.
8That contradiction now sits beside a 30-day PBG deadline carrying invoice deductions, termination and vendor-policy exposure.
 
4) ONGC turns delayed PBG into termination and vendor-policy risk in seismic-services corrigendum
8ONGC’s latest corrigendum leaves the four-sector seismic scope untouched but materially changes what happens when performance security arrives late.
8A 1.5% monthly recovery now depends on an approved extension requested at least ten days before the deadline, while an unapproved delay can reach termination, EMD forfeiture and vendor-policy action.
8The unresolved question is whether bidders’ banking workflows can match a compliance clock that may begin with the GeM contract itself.
 
5) ONGC gives Drillmec seven more days to price five-year rig support without disclosing the workload
8ONGC has extended its sole-source Drillmec FSR tender while leaving the five-year operational framework unchanged.
8The OEM must support critical rig systems across shifting onshore locations, mobilise within 24 hours for emergencies and maintain round-the-clock remote assistance without any disclosed minimum workload.
8The extra week raises a sharper question about which commercial assumption remains unresolved.
 
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8The contractor must absorb fuel, soft water, crews, spares and unit-wise downtime exposure while actual operating revenue depends on OIL-certified hours.
8With L2, L3 and the client estimate undisclosed, the price’s real risk allowance remains hidden.
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8Eighteen written submissions. A full Board. Adani's CFO on the line. And not a single entity in the room supporting the amendments.
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8BPCL sought one licensor capable of supporting both emulsion and solution SBR technologies. That requirement appears to have narrowed the credible global vendor pool before the project could lock its process design. The cancellation raises the question of whether integration ambition overtook market availability.
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8With both offers still under evaluation, GAIL’s ability to complete critical crossings now depends on a very narrow contractor field.
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8The real story is how quickly HPCL now converts proprietary process design into long-lead equipment orders.
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8IndianOil is not merely buying paddy straw, press mud and cattle dung; it is trying to industrialise three fragmented rural supply chains around one CBG asset.
8The contract pushes aggregation, storage, transport, quality loss and daily delivery risk onto suppliers. The plant may revise its paddy-straw indent with only three days’ notice and can reduce required delivery to zero.
8The real executive question is whether feedstock reliability can be procured through reverse auction without weakening plant availability.
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1) IOCL turns a Paradip-linked feasibility scope into a portable refinery-wide consulting framework
8The revised utilities clause removes the specific Paradip Cracker Complex anchor and refers instead to facilities in a refinery. That small wording change materially expands where the three-year agreement may be deployed. The commercial consequences will depend on how many differently configured sites enter the assignment pipeline.

2) HPRGE grants bidders seven more days but keeps Pachpadra Owner’s Engineer mandate engineering-heavy
8HPRGE has moved the closing date for its approximately 178 MWp Pachpadra Owner’s Engineer tender from August 5 to August 12, 2026. The extension follows an accepted request for one week after clarifications on EPC status, factory inspections and detailed-engineering obligations. What remains unchanged may matter more than the additional bidding time.

3) CPCL cancels shutdown-critical machining tender after five bid deadline shifts
8The bigger question is whether CPCL has secured an alternative specialist before the outage exposes its first unexpected defect.

4) HPCL awards DHT and Packinox turnaround cleaning after L1 undercuts the next bidder by 39.5%
8This reveals radically different bidder assumptions about chemicals, equipment and waste risk. The decisive question is whether this price can support repeated washes and parallel execution without moving turnaround risk back onto the refinery.

5) CPCL’s shutdown inspection award is effectively a two-horse race decided by a margin of a mere Rs 17,664
8Edlipse and Induspect finished almost level at the top of CPCL’s Manali shutdown inspection tender. The 0.1% gap suggests the market converged sharply around the refiner’s expected cost. The bigger question is whether such tight pricing leaves enough room for experienced inspection manpower during a critical outage.

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1) HPCL builds a commercial shock absorber into Visakh Refinery’s NIU-NLU shutdown
8The tender combines a lump-sum core with SOR line items running from 20 to 3880. That structure gives HPCL a pre-priced route for work that may expand after equipment is opened. The executive question is whether the SOR will contain shutdown uncertainty or merely relocate disputes into measurement and classification.

2) BPCL makes catalyst life, not purchase price, the real L1 test for Bina Refinery’s hydrogen unit
8BPCL will not award the HGU hydrogenator catalyst contract on landed cost alone. Each offer will be commercially loaded against the longest guaranteed life quoted by any technically qualified supplier. A cheaper catalyst can therefore lose if another bidder is prepared to underwrite a longer operating cycle.

3) NRL pushes 100 KTPA sulphur unit bid forward as 25-year job-work model tests bidder appetite
8NRL has extended bidding for its 100 KTPA sulphur-forming unit for the sixth time, taking the deadline 116 days beyond the original date. The change follows late revisions to how bidders may rely on construction, engineering and OEM partners for qualification. What remains unresolved is whether the market is struggling with the technology threshold or with the 25-year operating risk embedded in the package.

4) IOCL extends Bongaigaon Refinery’s Manas River consultancy by 45 days after changing the bidder information baseline
8The timing raises questions about how much of the original commercial offer could remain valid without reworking.

5) GAIL stretches Vijaipur compressor PMC bidding further out after commercial risk terms change
8The second extension came after GAIL introduced a new formula for extended consultancy deployment. The chronology raises a sharper question than the date movement alone reveals.

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