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Sep 2016

The offshore process platform for the KG-DWN-98/2 is also a complex job and INTECSEA is hardpressed to work with a dedicated team on it.
8The platform will come with an evacuation pipeline package too.
8It is now learnt from well placed sources that the piping design work for the evacuation pipeline network will be left to the LSTK contractor for the job.
8Who are the people to contact within the consultancy to know more about which direction they are going>
Click on Details to know more. Details
Those looking to ensure that the FPSO specifications are in order will have to work with a key set of people working out of INTECSEA's Houston office.
8Which are these people working on the project?
8Are you, as a business development manager, in the loop on any kind of technical or even preliminary price RFQs that this team in Houston may be coming out with while designing the FPSO?
Click on Details for more. Details
ONGC and its Owner Engineering Consultant, INTECSEA Asia Pacific Sdn, Kuala Lampur, are furiously at work to finalize the Pre-Feed, conceptual engineering, interface boundaries as well as the Basis of Design of the $ 5 billion KG-DWN-98/2 development.
8INTECSEA is working out the technical bids of the various facilities and only then the consultancy will be involved with the evaluation of bids.
8While the Malaysian unit of INTECSEA has grabbed the contract, the actual strings are being pulled out of consultant's Houston headquarters.
8And guess who is in charge? It is none other than Indian origin chairperson of INTECSEA.
Click on Reports for more Details
The challenging task for INTECSEA is to be able to put together the design for the FPSO package, including bid specifications.
8This is where Houston is going to step in a big way, doing bulk of the work.
8Find out more on what is going on with the FPSO package.
8Also business development managers looking at the FPSO package will have to work directly with the Houston office to see that the specifications are not such that they do not qualify in the forthcoming bids
Click on Details for more Details
What are the main ingredients of the main process platform for the KG-Dwn-98/2?
8A business development manager must know.
8The design parameters are rapidly taking shape, according to sources.
Click on Reports for more Details
INTECSEA has been entrusted with the additional job of figuring out the design work for two high pressure high temperature wells in the KG-DWN-98/2 development.
8The consultancy has been asked to review the casing design for them.
8This is an area where the INTECSEA does not have a lot of in-house specialists.
8They are being tapped from the open market.
8It is a specialist job.
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Supply of Portable Gas Detectors, Paradip Refinery Details
8Installation of OD pipeline across major river crossing of branch pipeline by HDD technique Details
8Supply & Development of Spares for Flare Gas Liquid Ring Compressor, Guwahati Refinery Details
8Supply of Solid Slow Release Scale Inhibitor for KG-OSN-2001/3 Block Details
8Supply of Expansion Joint and Associated Services for KG-OSN-2001/3 Block Details
8Carrying out quality surveillance of different O&M activities on Rate Contract Basis Details
8Hiring of services for Risk Analysis Study of Cauvery Basin Pipeline System Details
8Service Contract for Mandatory Energy Audit (MEA) of Panipat Refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Assam CM asks for uninterrupted gas supply to tea growers Details
8Brazil oil workers reject Petrobras wage offer; strike is possible Details 
8Vietnam hunts former state-oil executive for 'mismanagement' Details 
8NAM Summit: Host Venezuela seeks support to bolster oil prices Details
8IOC selects Praj as tech partner for ethanol plant Details
8OVL seeks oil in lieu of USD 537 mn due from Venezuela Details
8Mangalore Refinery under lens for alleged excise duty evasion Details
8New fighting erupts for Libya oil ports Details
8Land acquisition affecting IOC’s pipeline projects Details
8Why Indian fuel prices are going north even as global prices stay flat Details
8Suzlon bags order from Oil India Details
8MGL bets on Raigad project generating revenues from FY18 Details
8Can India become an LNG Juggernaut? Details
8What is status of stalled Gail project: Madras HC to TN Details
8Maharashtra Government decides to demerge Ratnagiri Gas and Power Pvt Ltd Details
8India's Iran oil imports surge to highest in at least 15 years in Aug Details
8Need to promote natural gas-based fuel cell technology: Dharmendra Pradhan  Details
You can also click on Newsclips for more Details
GAIL's offtake of 5.8 MMTPA of US-based LNG will be a loss-making proposition, according to findings of the recent study.
8The issue for GAIL now is that while it is committed to pay a liquefaction fee (which remunerates the capital investment and covers the operating and maintenance costs), whether the revenues from the sale of the LNG are greater than the cost of acquiring and transporting the LNG to market.
8If they are, then continuing to lift the LNG as contracted will make a contribution to the liquefaction fee which has to be paid whether or not LNG is lifted.
8If the revenues do not cover the cost of gas supply and shipping, then GAIL can be expected to exercise the option not to lift cargoes since to do so would only add to their losses.
8However, LNG prices in markets to which US LNG is delivered would probably have to fall below their level in early 2016 for that to be an option that would be exercised.
8The extent of GAIL's loss will however depend on how much of the fixed liquefaction fee it can cover.
Click on Reports for more Details
Latest consumption figures show a decline in overall POL consumption, from a high of 16.4% in March to 3.9% in July
8But MS consumption growth continues go gallop. In July, it grew by a whopping 14%.
8ATF offtake grew 11%
8HSD consumption on the other hand has slowed down to crawl, to 1.8%. Consumption has been declining rather quickly over the last five months.
Click on Reports for the full disaggregated break up of consumption of petroleum products Details
The website carries here the following business development prospects that BD managers must be on the lookout for:
8Revamp of DHDT Unit and New FCC GDS Unit and SRU Block for MS quality upgradation & increased BS VI Diesel Production)
8Euro-IV HSD Project along with Installation of LPG Mounded Bullet and Facility upgradation of existing LPG bottling Plant
8Drilling of additional 18 locations in the onshore NELP block
8Three different projects for exploratory drilling of three wells each
8Expansion of existing ethylene capacity
8Capacity expansion of an existing pPetroleum products pipeline
8Laying of 535 km of Pipeline (18”) from Haldia to Barauni
8Field Development for Setting up of Surface Facilities, Group Gathering Station (GSS), Development Drilling and Interconnecting Pipeline
8Development of Jharia CBM Block at Tehsil
8Setting up of 3x1000 MT mounded LPG storage vessels & bottling capcity ( 60000 TPA)
8Proposal for modification of existing EPS and connection of additional wells to the same EPS
8Proposed expansion of carbon black capacity and cogeneration power unit
8Drilling of 11 wells & setting up of EPS
8Exploratory drilling of 30 wells in PEL/ML Blocks
Click on Reports for more Details
A detailed report carried here discusses the possibility of setting up small scale FSRU based LNG projects in India
8The report says that there is plenty of room in India for such projects
8The global regulatory framework for such projects is outlined
8LNG bunkering too is discussed in details
Click on Reports for more Details
Full details of LNG exports by the US as of date are carried here in our website
The data is given in terms of:
8Vessel borne exports and destination countries along with tanker, volume and price details
8Vessel borne re-exports are also tabulated
Click on Reports for more Details
The new report has comprehensive data on every operating and under construction LNG project across the world.
8Those that are planned are also covered in great detail.
8LNG supply by country in terms of present LNG capacity, capacity under construction and proposed LNG capacity is carried here.
8Full details of where the additional LNG supplies are coming from are tabulated.
8Plant-wise production details and scope are also given
8Prospects of revival LNG terminals which are currently under shutdown for various reasons are also discussed
8Operating plants that are at risk of closure or temporary shutdown are documented
8Forecast of LNG supply from operating plants is comprehensively covered as also forecast of those units where production is going to start in 2016 onwards
8The supply projections up to 2030 are tabulated as also two possible demand scenarios
8Full details of liquefaction capacity under construction is given
8The impact of low LNG prices on operations is analyzed
8The question of how much liquefaction capacity is needed globally is adequately answered.
Click on Reports for more Details
A flexible LNG delivery and pricing regime is going to be inevitable in an over supplied LNG scenario.
8The report says that Qatar -- with which PLL has an oil-indexed pricing agreement -- is very well positioned to provide flexible contracts because of its lower marginal cost of production.
8The oil indexation is now moving to a significantly lower slope than what was agreed by PLL with RasGas. Current slopes are as low as 11% to crude prices
8The study says that up 50% of the total LNG supply will be on a flexible spot or short term basis.
8Under these circumstances, it is only a matter of time before PLL will be forced to renegotiate its LNG contract with RasGas.
8The rush of new LNG will keep spot prices lower than RasGas price and after a point, it will not make sense to pay a big premium for supply of LNG to RasGas.
8Sooner this is worked out, the better it is going to be for PLL as new LNG gasification capacity comes up in India, which will supply gas at a lower prices than what PLL has elicited from RasGas.
Click on Reports for more Details
There is still a lot of uncertainty over when the Mozambique project -- in which OIL and ONGC have invested $ 5 billion -- is going to ever go on stream.
8The 25 wells drilled in the Anadarko operated block have discovered recoverable reserves of 75+ Tcf.
8Anadarko is planning an initial two-train, 12 mtpa onshore development at Afungi in the north of Mozambique.
8The latest development is that the Anadarko JV has signed non-binding Heads of Agreement for the offtake of a total of over 8 mtpa of LNG with buyers in Singapore, Japan, China, Thailand and Indonesia.
8Work is underway to turn the HOAs into full Sales and Purchase Agreements but that is turning out to be a problem.
8Letters of Interest have been received for a total of $13.5 billion of finance, which is close to the $14 to $16 billion target for debt for the first two train project.
8The Mozambique government has passed a decree law guaranteeing 30 years of fiscal stability, establishing labour laws for the project and giving the right to import the materials needed for the project.
8The EPC for the onshore plant has been awarded to a consortium of CB&I, Chiyoda and Saipem.
8Construction will take around 5 years so.
8FID by end-2016 should lead to start-up in late-2021 but it is uncertain whether these targets will be met.
Click on Reports for more Details
A frequently asked question is whether low prices will result in operating liquefaction plants being taken off-line, the start-up of projects under construction being delayed or, in the extreme, projects being abandoned.
8The new study shows that production has not been halted at any of the operating projects as a result to low prices nor has there been any evidence of output being reduced in response to the low prices.
8Similarly, the owners and operators of projects under construction have continued to progress work as quickly as possible.
8Any delays have been due to technical problems.
8This response is not surprising given the capital intensive nature of the LNG business and nature of project financing decisions.
8Operating costs are relatively low and for all the operating projects they are fully covered by the revenues, even at the current low natural gas and LNG prices.
8This means that keeping them in operation results in sufficient cash generation to contribute to servicing any debt and contributing to the remuneration of the capital investment by the shareholders.
8Many of the projects will struggle to cover the cost of capital and will not earn the returns that had been expected when the decision to invest was made unless, of course, prices increase.
8However, as long as the sale of the LNG generates a margin which contributes to servicing any debt and remunerating the capital investment, production can be expected to continue.
Click on Reports for more Details
These fresh projections will have implications for deepwater gas projects in India.
8The RIL-BP combine will have to study the figures coming out carefully to examine the viability of putting gas out of its discoveries into production.
8In any case, projections are that first gas from RIL-BP's new discoveries are not expected until after 2020. The current official position of the duo is that they are "evaluating" the possibility of producing from their discoveries.
8ONGC's $ 5 billion investment in the KG-DWN-98/2 has been cost optimized to the point that any time, cost or technological challenge -- the geology is treacherous -- will have a negative impact on cost economics.
8Figuring out what will be the prevailing cost of landed LNG when their production goes on stream seems to be the biggest challenge for Indian gas producers.
8If the current pricing regime continues, existing gas supplies will continue to suffer from low sub-$4/mmbtu prices for a reasonably long period of time as an LNG supply overhang will not allow gas prices to rise in producing hubs around the world.
8Given that landed LNG prices will be the ceiling price, it seems unlikely that GSPC's high cost Deendayal gas field is going to be viable anytime soon.
8Meanwhile, ONGC is not committing to take on GSPC's stranded asset unless it gets more data, including a report it has commissioned on a nomination basis on its field dynamics by Scott Rider.
Click on Reports for more Details
The website carries here one of the most comprehensive studies on the global LNG demand and supply ever written. It is a must-read for anyone connected with the gas sector in India.
Some conclusions of the study are:
8The surge in LNG supply as projects under construction are commissioned will take global LNG supply to 385 MMT by 2020, an increase of 137 MMTt (55%) compared with the outcome in 2015.
8Growth in demand will not keep pace, and there will be an over supply of LNG at least up to the year 2023.
8There is still considerable uncertainty over when new supply will be needed globally
8Just over 700 mtpa of new capacity has been proposed by sponsors to fill the gap between demand and supply which is expected to emerge eventually.
8Three quarters of the proposed projects are in North America as companies see the opportunity to take advantage of low natural gas prices resulting from the shale gas revolution.
8The proposed capacity is well in excess of any likely requirement before 2030, which means that many of the projects face long delays and abandonment.
8If demand goes up, there will be enough supply coming in to keep LNG prices under pressure for a very long time to come.
8The successful projects will be those that can make an offer to buyers and off-takers that meets their changing requirements which include lower prices, flexibility and shorter-term contracts.
8Reducing costs to a level that ensures economic viability will be essential for an LNG supplier in a low price environment that the industry faces in the medium to longer-term.
Click on Reports for more Details
Indian companies are learning fast how to leverage the low cost environment for equipment and services globally.
8They are now on the lookout for supply of used, refurbished or mothballed stacked equipment for various projects
8Bargain prices can elicited, producers feel.
8They are looking for compressors, generators, turbines, gas processing equipment and slug catchers
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Supply of Spare parts for Refinery Gas Analyzers and Simulated Distillation Analyzers Details
8Procurement of N-80 Casing, Assam Details
8Hiring of services for Drilling Supervision for Exploratory Drilling in CB-ONN-2010/11 Block Details
8Annual Maintenance Contract for Pressure Safety Valves installed in BPCL, Lepetkata, Duliajan & Lakwa Details
8Online Sealing and Re-strengthening of Pipes including various Hydrocarbon & Non Hydrocarbon lines Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8World energy investment down 8 per cent in 2015 despite gains on clean energy Details
8Libyans hope to export from oil terminals seized by general Details 
8Oil marketing companies to raise petrol, diesel prices to offset DDA land rental fees Details 
8Petronet bets big on LNG as fuel to meet transportation needs Details
8India’s exports fall 0.3% to $21.51 billion in August Details
8ONGC inks deal to buy extra 11% stake in Russian Vankor fields Details
8Petrol price up by 58 paise a litre; diesel cut by 31 paise Details
8Petrol, diesel monthly consumption at new high Details
8Oman-Iran gas pipeline cost to rise due to new route -source Details
You can also click on Newsclips for more Details
Spurred by rising profits, Indian Oil Corporation is likely to push up its investment rate in the midstream and downstream sector>
The areas in which the company is likely to concentrate are:
824 million tonnes of additional refining capacity in five years
8Expansion and modernization of its 25,000 strong retail outlet network
86500 km pipeline expansion
8Commissioning of its Ennore LNG terminal in 2018
8Big expansion of its wind and solar power capacity
8BS-VI upgradation of all existing refineries
8Massive expansion of bulk storage facilities
8A big step up in R&D investment
8As a business development manager, are you on top of these developments?
8If not, get in touch with us and our project monitoring software will help you spot the business opportunities well before they reach the tendering stage.
8An analyst will also be available to take your call and support you in finding the right leads.
Click on Reports for more Details
Landed LNG prices in India seem to be moving up, both at Dahej and Hazira
8Meanwhile, an Australian cargo came in at Dahej at a surprisingly lower price
8 Point to note however is that more and more Australian cargoes are now headed towards India.
8But given the prices they are eliciting, the valuation is based on variables rather than total cost
8Long term LNG from RasGas continues to remain expensive, at $6.84/mmbtu
Click on Details for full details on all landed cargoes in the last 10 days Details
Indian companies are not fully aware of the need for continuous knowledge and skill upgradation in the pipeline industry.
8Global companies follow a continuous series of programmes to update skill levels among their personnel.
8Internationally, there are many training programmes which are currently on and held regularly.
8For reference purposes, the website carries here a list of such programmes and conferences in 2016 and 2017.
8Companies in India must take note
Click on Reports for more Details
After GAIL's gas pipeline blast in the KG Basin that killed 22 people, there is an increasing awareness about pipeline safety in India.
8That public opinion however remains firmly arraigned against the creation of new networks.
8The opposition to the building of evacuation lines out of the Kochi LNG terminal points to a trust deficit and the inability of GAIL to influence such opinion.
8In the midst of all this turmoil, the basic fact is that pipeline transportation is the cheapest and the safest way to ferry oil and gas across the length and breath of India.
8The website carries here a series of articles on how pipeline companies are fighting hard globally to plug the trust deficit.
8Also find out more on what is in store for the pipeline industry in the future.
8What are the technological and regulatory challenges and how are they going to be handled in the future.
Click on Reports for more Details
There are long term business development opportunities coming up in Cairn India Ltd too
8The company is now looking at a 2030 perspective after it elicits an extension of the PSC for the Barmer block in Rajasthan
Opportunities will be available for:
8Polymer flooding work
8Exploratory and development drilling
8Extensive fracking work
8And much more
Click on Reports to gain a perspective on Cairn's plans Details
RFQs are coming up for a 50-well onland  exploratory drilling programme
8The drilling will be spread over several blocks
8Currently preliminary studies are on, so there is enough time for business development opportunities with the right contacts
8Well depths will vary, from 400 meters to 6500 metres
8This will be a big programme and business development mangers must be on the ball on this one
Click on Reports for more Details
RFQs are likely for a new bio diesel facility in an Oil Marketing Company
8The total requirement is for around 1000 KL of additional tankage facility
8There is also a requirement for conversion of an existing HSD tank to biodiesel storage
Click on Reports for more Details
The website carries here an analysis of Gujarat State Petronet Ltd, a gas transmission company.
8It is all going well for the company.
8Volumes are up and are likely to keep going up
8The target share price is now higher because of PNGRB's decision to change the methodology of calculating tariff rates.
Click on Reports for more Details
Ensuring pipeline integrity is the biggest challenge for the industry.
8The simple equation to look out for is Risk = POF + COF (Probability of failure and Cost of failure)
8What can be reduced is POF or COF
8Where should the emphasis be?
8There are business tools already available to understand pipeline risks
8As are practical tools to mange risks
8Are Indian pipeline companies following the best global standards?
Click on Reports for more Details
Did the PNGRB buckle under pressure from pipeline companies to change the goal post so that pipeline tariffs can be raised?
8Many buyers of gas are now saying that the new proposal introduced by the regulator in January, 2016 devolves an undue advantage to the pipeline operator at the cost of the buyer.
8The PNGRB has proposed an amendment to calculate the volume of natural gas using actual volumes or by multiplication of applicable percentage utilisation with 75% pipeline capacity utilisation against existing 100% utilisation assumption.
8Meanwhile, the anticipated tariff increase has been lauded by stock market punters.
8Share prices of pipeline companies are on the upswing as a consequence.
8Is the change justified?
Click on our Bulletin Board to join in the debate Details
For reference purposes the website carries here the following tenders:
8Procurement of Magnetic Level Gauges for BS-IV Projects, Barauni Refinery Details
8Procurement of Pressure Regulating and De-Super Heater Package Unit for DHDS Unit, Gujarat Refinery Details
8Procurement of Tubes for Re-Tubing of Heat Exchangers installed in LPG Unit, Pata Details
8Carrying out HDD & Associated works for Ganga River Crossing for Auraiya-Phulpur and Phulpur-Dobhi section Details
8Procurement of Test and Calibration equipment for C2C3, Vijaipur Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8IEA changes view on oil glut, sees surplus enduring in 2017 Details
8Petroleum products to come under GST regime Details 
8Indian govt seeking investors for 67 small oil, gas fields Details 
8Investors seek bigger area under small oilfields Details
8Indian Oil ropes in Praj to set up 2G bio-ethanol plants Details
8ONGC accuses Cairn and Videocon of collusion in Ravva oil field case Details
8Indian Oil Co. to lead Mega Refinery Project in Maharashtra Details
8Petrol, diesel consumption hits 5-year high in August Details
8ONGC looking to lower operation costs to boost profits Details
8IOC announces Rs 1.80-tn investment plan in next six years Details
8Indian Oil bets big on growing demand for natural gas Details
8OVL, Rosneft sign pact for 11% stake in Vankorneft Details
8Oil firm before US energy report Details
You can also click on Newsclips for more Details
The website carries here the following reports:
8An update on Gujarat Gas Ltd. Click on Reports
8An update on Central UP Gas Ltd. Click on Reports
8Details on LNG storage facility at Haldia. Click on Reports
8Update on BGR Energy Systems. Click on Reports
8If you are in the oil and gas sector, you may be eligible to apply for the post of the Executive Director of the Petroleum Conservation Research Association. Find out more.
8Latest global demand supply and price data. Click on Reports Details
Scenario planning is now an inevitable exercise for producers of deepwater gas in India.
8And these planners are in a quandary because of conflicting data on how gas demand and supply is going to behave in a 10 to 20 year scenario.
8There is now a worldwide push for not just achieving a 2% temperature increase target but to stay well below it.
8The planners will have to take into account multiple variables to arrive at tangible data on which investment decisions will depend, or else cost economics can go haywire.
8It is this quandary that is keeping RIL-BP guessing when it needs to get into production mode with its KG Basin discoveries.
Click on Reports for more detailed data on how world energy demand is going to behave in the future. Details
On the positive side, GAIL claims that it has acquired the Right of Use (RoU) for  about 80% of Kochi-Mangalore pipeline.
 8Execution issues are now limited to a small stretch of pipeline. Construction can be completed in 2 years, GAIL is now projecting.
 8Meanwhile, the profitability of the company's petrochemical division is likely to improve going ahead due to operating leverage and lower gas costs. The assumption is that the petrochem business becomes profitable in Q1FY17 as against the management’s earlier expectation of FY17 end
Click on Reports to find out more Details
Uncertainties continue to pile up for GAIL on its US contact for uplift of 5.8 MMTPA of LNG from US terminals.
8Out of this quota, GAIL has sold 2 MMTPA of LNG but the pricing mechanism for this lot is still not clear and there is no guarantee that the GAIL will not incur losses in them since the projection is that a global oversupply situation may involve selling of US gas below cost, with only variable costs covered. Supplies from US begins from Q-1, 2018.
8Meanwhile, GAIL has admitted that the Dabhol terminal is unlikely to run at full capacity for several years. Break-water construction may start from Oct '17 due to limited clear weather window availability, with construction period will stretch over 3-4 years. Till then, Dabhol terminal will only be available for 7 months during the year and can handle a maximum of 30 cargos.
Click on Reports to find out more Details
ONGC is taking a lot of liberties with the owner consultancy contract with INTERSEA just so that work is done unhindered in KG-DWN-98/2.
8Several deviations have been made from tender conditions.
8But no one seems to be complaining.
8The focus seems to be on getting the job done than on quibbling over fine print.
Click on Details for more on what is going on Details
What kind of Oil Tubing jobs are usually conducted by E&P companies such as OIL and ONGC?
8There are different kind of tasks involved.
8Some include bottom cleaning in wells
8Others may involve hot oil circulation
8There are IRS jobs too such as PBD and nitrogen activation
Click on Details for more Details
Coil Tubing Units are difficult to manage and contracts are not always easy to procure for private players
8Companies such as ONGC and Oil India Ltd have their own CTU units but leftover jobs are handed over to private players.
8The contract values are small but this is a niche area and local entrepreneurs can perhaps try their hands in this line of business.
8The website carries here the likely unit rates for onland CTU jobs in the Gujarat area. These rates will help new players willing to bid for such jobs to benchmark their costs and see if they can come within these cost parameters.
8Opportunities are available in other onland areas too.
Click on Details for more Details
It is learnt that INTERSEA is working hard to create the specifications for the $ 5 billion KG-DWN-98/2 development programme of ONGC.
8There has been some basic changes in design, according to sources close to the company.
8For one, they have decided to do away with a processing platform for Cluster-1 fields and instead the oil and gas production from these fields will be handled from the offshore platform which will process oil and gas from the Cluster-2 fields.
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Balance works for laying of LPG pipeline from Paradip refinery in intermittent stretches in Odisha and West Bengal Details
8Supply & Commissioning of Online Multi-Stream Moisture Analyzer and Online H2S Analyzer, Vodadara Details
8Supply of Monolithic Insulating Joint for Vaghodia Maintenance Base, Gujarat Details
8Supply of Complete Heat Exchanger and Shell Assembly, Guwahati Refinery Details
8Providing miscellaneous Civil works at "SKWAA" Drill Site in Ramnad area Details
8Procurement of Transmitters, Bongaigaon Refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Australia to cut A$500 mln in funds to renewable energy agency Details
8Petroleum minister invited foreign investors in oil sector Details 
8Adani, Essar get DRI notice for overvaluing imports of cap goods Details 
8Oil prices down as OPEC fans oversupply fears Details
8RIL-ONGC gas row: State firm to contest key findings of Shah panel Details
8July industrial production shrinks 2.4 per cent Details
8Deferment of value added Tax to IOCL's Paradip Refinery hurting tax collections Details
8India and Russia discuss direct gas delivery line Details
8Cairn India merger: Rating agencies upgrade Vedanta Resources Details
8Dharmendra Pradhan seeks foreign capital in smaller fields Details
8ONGC starts selling gas at ‘premium’ Details
8Petroleum ministry moots market price for CBM gas Details
8India to come up with a natural gas hub for market price discoveryDetails
8Indian Oil Petronas gets greenlight for Haldia LPG terminal expansion Details
You can also click on Newsclips for more Details
For reference purposes the website carries here the following tenders:
8EOI for carrying out maintenance of Well Head Platforms in Western Offshore Field Details
8Renovation of existing old DSA to receive E-1400-9 Rig Old Bunk Houses for Drill Site, Karaikal Details
8Provision of HydroFrac Flowback Specialist Services for KG-OSN-2001/3 Block Details
8Maintenance contract for Pipelines & Terminals under Trombay Region Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Interactive Meet for Discovered Small Field Bid Round 2016 held at Singapore Details
8UK could save $6.6 bln a year by 2050 using carbon capture - report Details 
8Centre turns to PSUs for mining exploration push; to auction proven reserves by December 2017 Details 
8India expects higher oil demand growth this year - Pradhan Details
8GST council: Cabinet gives its nod, Modi govt hopeful of implementing tax regime next fiscal Details
8Oil prices fall as US drillers add new rigs, speculators cut long positions Details
8Cairn India gets shareholders’ nod for Vedanta merger Details
8India’s fuel consumption to grow 5-6% this fiscal: Fitch Details
8ONGC seeks clarity on sop sharing Details
8At Raniganj, CBM will be mined below an airstrip Details
8LNG storage facility to be set up at Haldia dock Details
8HPCL wants ONGC to cut stake in MRPL Details
8Post-Brexit UK offers huge scope: Dharmendra Pradhan Details
8OPEC now sees non-cartel oil output rising in 2017 Details
8Petroleum, LNG regasification excluded from incentive scheme in Gujarat Details
8Qatar considers joining Exxon's Mozambique gas move Details
You can also click on Newsclips for more Details
Also carried here is a range of other parameters that impact oil and gas sector projects in India.
8Their ranking and ratings are carried here subsequent to a survey of top executives in the oil and gas sector
8Case studies are also carried here.
8A careful study of the report will help project owners to cut down on some of the major causes of delays with proactive action
8A list of studies done on delays in oil gas sector projects and how to mitigate these delays is also carried here.
8The literature must be read carefully by the top brass of large project management teams in every company.
8A robust and transparent internal system should be built by every company to cut project delays, including circulating questionnaires among project teams to identify root causes.
8Sample  questionnaires for circulation are carried here.
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Is Petronet's high capacity utilization levels of 127% reported in Q-1 2016-17 sustainable in the future?
8No, says an analysis.
8There is in fact the possibility of a hair cut in regas charges
8And there is also the probability of non-recovery of take or pay charges and lower offtake from expanded capacity.
8The projection is that the return on equity will go down as much as 30% from what it is now.
8The demand environment too will not be all that buoyant and the likely start of the Mundra LNG terminal and the simultaneous revival of Dabhol and Hazira terminals will further challenge Petronet's hegemony in the sector.
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For reference purposes, the website carries here the full itinerary of the trip being undertaken by petroleum minister Dharmendra Pradhan to elicit foreign participation in small and marginal discovered oil fields.
8Canvassing investments for the small fields is not the only agenda on the minister's itinerary.
8Pradhan will also hold roundtable interactions and speak at a seminar in Oxford and meet his counterparts in the countries he is visiting for all round discussions on cooperation in the oil and gas sector.
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For reference purposes, the website carries here details of ongoing and future projects of a standalone refinery.
8The ongoing projects are worth around Rs 4000 crore
The future projects involve:
8A BS-VI DHDT revamp
8A new FCC Gasoline Desulphurization unit
Click on Reports for major energy conservation, new production development and technology absorption projects as well in the refinery. Details
For reference purpose, the website carries here the names of directors of all 25 public sector oil companies.
The list is updated as on September 5, 2016 and contains names  of:
8Functional directors
8Government directors
8Non-official, part-time directors
8In most PSUs, the requisite number of non-official directors is not met
8The tenure of each director is also given here
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A very informative study on delays in oil and gas sector projects in India has ranked the top five reasons for delays in terms of their relative importance.
And they are:
8Scope variations (Rank-1), Shortage of skilled labour (Rank-2), Poor subcontractor performance, Changes in drawings (Rank-2), Mistakes and discrepancies in design documents (Rank-2), Long wait for approval of drawings/documents (Rank-2), Inadequate planning & scheduling (Rank-3), Poor procurement programming of materials (Rank-3), Lengthy contract awarding process (Rank-3), Decisions during development stage (Rank-4), Lack of coordination on-site (Rank-4), Granting bid extensions to bidders (Rank-5), Delay in obtaining management approvals (Rank-5), Inaccurate basic process data (Rank-5), Changes in specifications & datasheets (Rank-5).
8Based on the Severity Index (SI), the five factors that were ranked the highest were: Scope variations (Rank-1), Poor procurement programming of materials (Rank-2), Shortage of skilled labour (Rank-3), Inadequate planning & scheduling (Rank-4), Inadequate contractor experience (Rank-5) and Poor subcontractor performance (Rank-5).
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ONGC is now going to look carefully on how to evaluate the pricing matrix for materials such as oil well cement in which foreign bidders are now competing with their Indian counterparts.
8This follows a series of objections by the two Indian bidders which were in the race on how the price is calculated.
8According to sources in the Indian cement companies, the dollar and INR price comparisons were not correct as ONGC had not taken into several items of cost while calculating the foreign bids.
8The public sector E&P major is now evaluating the entire pricing matrix for such items, and changes are likely to be made in it after an investigation is completed.
8The petroleum ministry's sanction will be sought for the new price calculation methodology which will be applied to similar procurement cases in the future.
Click on details to know what the Indian bidders said how the calculations are loaded against local players. Details
Nowhere in the world is it easy to be a foreign bidder when there are domestic companies in the fray.
8This was nowhere more evident than in a recent ONGC tender for oil well cement. The total value of the contact is Rs 120 crore.
8The L-1 contract went to a foreign contractor, Dubai-based Classic Oilfields Ltd, but the two Indian competitors have claimed that the the L-1 bidder should not be awarded the contract because it has violated the rule book.
8As a consequence, the contract could not be awarded to Classic
8At least not yet.
Click on details to know from our sources on what really happened and who were the other bidders and how much did they bid Details
Even though Swiber Offshore Construction Pte Ltd of Singapore made a valiant attempt to stay alive in the contract for the B-127 Cluster Pipeline project, the deal went to someone else.
8There were four bidders in the race
8Eventually one of them grabbed the contract and its price was lower than that of all the others
8It was also below the reserve price set by ONGC
Click on Details for more Details
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