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Sep 2019

For reference purposes the website carries here the following tenders:
8Supply of spares for Cummin Gas/ Diesel Engine Details
8Contractor Built, Owned and Operated Packed Bitumen Storage and Handling Plant Details
8Dry ice cleaning/ blasting of CPP Boilers Details
8Procurement of Valves Details
8Requirement of Pipeline Integrity Assessment, Fitness for Service & Remaining Life Assessment of Onshore Pipelines Details
8ARC for Multilance Hydro-Jetting Jobs for Heat Exchanger Cleaning at refinery units Details
8Carrying out various Electrical Capex Jobs Details
8ARC for various Industrial Hoses Details
8PMC Services for Augmentation of LHC Storage Facility Details
8SITC of battery chargers along with battery bank at SV stations and battery chargers for compressor station Details
8Electrical Works at Bokaro LPG Bottling Plant Details
8Mechanical Piping Works at Gonda LPG Plant Details
8Transportation of Bulk POL products MS HSD and Branded fuels Details
8Supply of Refrigeration Type Air Dryer for Drilling Rigs Details
8Charter Hiring of 1000 HP Mobile Drilling Rigs Details
8Skid Mounted Electrical Storage Bunk House for EV-2000-6 Rig Details
8Gas Sale from Kanjirangudi & Palk Bay Shallow Fields of Ramnad Details
8Conversion of LT power to HT Details
8Three years Rate Contract for Drill Site Constructions under Engineering Services Details
8Hiring of Services for Annual Rate Contract for Construction, Maintenance, Monitoring & Survey of CP System Details
8Procurement of SRP sub-surface pumps Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8All petrol pumps should issue PUC certificate: Bihar government Details
8Raid unearths hoarding of kerosene in Meerut, 70,000 litres seized Details
8H-Energy, Kakinada Seaports sign agreement to develop LNG infra Details
8Challenging times ahead for Indian petrochemical producers: ICRA Details
8Indian Oil Corp's Gujarat refinery ready to make IMO 2020 fuels by Oct Details
8Essar Oil UK aims to lift share of US oil refining to 40%, eyes asset stake sale Details
8Cabinet nod to gas exchange in Sept, GAIL not to get majority Details
8NCLT asks SBI not to sell Videocon's overseas oil & gas assets Details
8Narendra Modi, K P S Oli jointly inaugurate Motihari-Amlekhganj petro pipeline Details
8India's fuel demand to grow at over 4% through 2030: Nayara Energy Details
8Saudi says will remain a reliable supplier of oil to India: Pradhan Details
8Tamil Nadu: Biodiesel from used cooking oil soon Details
8Nayara says Iran, Venezuela supply cut tightens heavy oil market Details
8Cairn arbitration award may be protracted, not expected before 2019 Details
8Indian Oil to invest Rs 2,282 crore to set-up second R&D centre in Faridabad Details
8Indian Oil to restart naphtha cracker late Sept, set for expansion Details
8Goldman Sachs cuts 2019 oil demand growth forecast to 1 million bpd Details
8Ruling will prevent Gazprom from halting Ukraine transits Details
8Investors with $11 trn in assets pledge shift from fossil fuels:report Details
8Quiet burial by state OMCs to daily price revisions Details
8OPINION: New Saudi energy minister faces unpalatable crude market choices Details
8Bangladesh to buy one mn tonnes of LNG on spot market in 2020, lured by price slide Details
8Saudi energy min says will work with oil producers for mkt balance Details
8COLUMN-Hedge funds sell oil as global economy deteriorates: Kemp Details
8Trade war, global economic uncertainty cloud oil outlook at Asia conference Details
8Oil rises on hopes of extended OPEC production cuts Details
8Germany must do more on fuel cell technology: Deputy economy minister Details
You can also click on Newsclips for more   Details
This is one Rs 332 crore E&P surface facility construction job - made up of gas gathering station for oil & gas, along with attendant gas compression and dehydration plants, effluent treatment and water injection plant - the L-1 bidder had shown some reluctance to take over the contract.
8Is it because it bid far too low in relation to others?
Click on Details for more Details
The Uran fire incident has killed four persons
8The gas is being diverted out of Uran to Hazira
8This has lead to shortages for clients, including one bid one, who take gas from Uran
Click on Details for more Details
Are 2G bio-ethanol projects intrinsically unviable?
8A second time around, the L-1 bid in such a project has been found to be higher than what was budgeted
Click on Details for more
   Details
A two well drilling programme will witness RFQs for  hiring of cementing, well logging and mobile effluent treatment services.
8The RFQs are expected next month
Click on Details for more Details
A big ONGC tender is coming up for mobile ETP, casing pipes, drill bits and mobilization services by the end for the year for a phased 130 well drilling programe
8Project cost is pegged at Rs 1500 crore
8Project execution is expected by Q-1, 2020
Click on Details for more Details
ONGC has got permission from for a three-well, Rs 120 crore exploratory drilling programme
8Drilling operation is expected to begin as early as October end
Click on Details for more Details
ONGC has pushed down the day rate for a Floating Production Storage and Offloading (FPSO) vessel by 40%
8That is big saving for the E&P major
Click on Details for more Details
ONGC's director technical Navin Chandra Pandey is set to retire on March 31, 2020.
8There were 18 respondents to the post advertised by the PESB.
Find out who have been shortlisted for the interview scheduled for the interview coming up next week Details
Hardy has been able to eventually extract a "good deal" for the sale of its Indian assets
8The money is more than what they initially hoped they would get
Click on Details for more Details
A time has perhaps come improve the quality of Environment Impact Assessment (EIA) studies
8Reputed institutions, including the likes of The Energy Research Institute (TERI), Ernst & Young and Engineers India Limited (EIL) have been caught peddling fabricated data, according to a survey.
Click on Details for more Details
There is a debate on over whether BPCL should be sold to IOCL or should it be privatized
8There are two sides to both the arguments
Click on Reports for more Details
A Naphtha Hydro Treatment Unit (NHDT) along with a Semi Regenerative Type Catalytic Reforming Unit (CRU) is coming up in an existing refinery
8The project cost is estimated at Rs 300 crore
Click on Reports for moreRs 300 cr Details
Jackup and floater utilization levels are at their highest levels since 2015 though floater rate recovery is restrained by low future coverage and tender activity. 
8Jackup rate recovery is now gaining momentum
8Know more about the latest ordering and attrition rates for rigs
8Find out how the global fundamentals are in place, in terms of capital expenditure already sanctioned or in pipeline, for further recovery
8Find out what is the short term two-year outlook for deepwater, mid water and shallow water segments
Click on Reports for more Details
Hopes are still being kept alive for a high cost NPK fertilizer plant
8The price tag is high, so cost economics do not work out
8Yet hopes are still being kept alive by project authorities, claiming that negotiations are continuing with bidders
8All that the our website is reduced to doing is to keep changing the possible date for award of project
Click here for more details
NPK-SSP & Sulphuric Acid Expansion Project
8Cost - Rs 15 crore
8Project Event: RFQ for a contractor is likely to be released after environmental clearance. The public hearing has been completed but environmental clearance is due and it is likely to be elicited at the end of September 2019. The RFQ for the EPC contractor is likely to be released in October 2019.
Click here for more details Details
The Gujarat government model involves deployment of senior IAS officers to different state-owned oil & gas companies.
8There has been a reshuffle among them recently
Click on Details for more Details
Three drilling ships are meant to be at work in the KG-DWN-98/2 field.
8Know more on what they had been drilling
Click on Details for more Details
A 10 MLD desalination plant tender is expected to come out in the next few days
8It learned that the reserve price has been revised
8Find out what the revised internal price tag is
Click on Details for more Details
The EOI for a skid mounted Early Production System in a Rs 800 crore drilling programme has elicited a good response
8It is a 72 well development programme
8A tender is expected shortly
8Find out more on this project
Clik on Details for more Details
Clearances are being sought for a six well offshore drilling programme
8The EIA consultant has been appointed, and a report is to be submitted by end of 2019
8A shallow water six well drilling programme rig deployment/RFQ is expected by Q-1, 2020
Click on Details for more  Details
For reference purposes the website carries here the following tenders:
8ARC for Electrical Miscellaneous Jobs Details
8Supply of Spares for Compressor Details
8Supply of 3,000 Bags of Sulphonated Asphalt Details
8Engaging service provider for carrying out identified jobs at Lube plants Details
8Procurement of 1200 SCMH motor driven CNG Online Compressors and related services for BGRL CGD projects Details
8Contractor Operated Depot for Storage of Lubricants at Kota Details
8Contractor Operated COD for Storage of Lubricants at Jammu Details
8Supply and Installation of PCP Details
8Procurement of Urea Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India gives $1 billion line of credit to Russia Far East Details
8R Kesavan takes over as HPCL's Finance Director Details
8Sanctions no hinderance for expanding Indo-Russian economic ties: Modi Details
8ONGC stocks jump 9% on company clarification after fire Details
8Mengaluru: No oil spill, situation under control, says Expert Details
8Dharmendra Pradhan to visit Saudi Arabia, UAE, Qatar from September 7-12 Details
8PM fulfils promise, 8 crore poor families get LPG before deadline Details
8In a breather for Air India, OMCs not to stop fuel supply in Hyderabad, Raipur Details
8PSU oil companies resume jet fuel supply to Air India at 6 airports Details
8ONGC planning to complete 27 projects worth Rs 87,000 crore over 3-4 years Details
8SBI restrained from selling Videocon’s overseas assets Details
8Reliance seeks $5.4 minimum price for new gas from KG-D6 Details
8Oil companies flag roadblocks in rationalising taxes on jet fuel Details
8Oil marketing companies told to cancel Rs 5,000 crore tender for buying LPG cylinders Details
8HDMC plans to set up 80-tonne biomethanation plant Details
8Pradhan meets Saudi counterpart, discusses boosting energy ties Details
8Oil rises as Saudi Arabia signals OPEC cuts to continue under new energy minister Details
You can also click on Newsclips for more   Details
The cost of manufacturing urea through a new ammonia-urea plant is a incredible Rs 30,000 per tonne. The product is sold in the market at Rs 5360 per tonne, and the difference is disbursed as subsidy to the manufacturer
8This is a huge price differential, and the fate of unit will depend entirely on government policy. So investing in an expensive unit is not something that the faint hearted can do, and it is mostly the government that is pushing through new investments through its PSUs
8But this experienced private sector company is keen to go ahead nevertheless.
8The discussion process is ongoing for the EPC contractor as well as Process licensor, tender is likely to be released in November 2019.  Earlier the release date was August
Click on Details for more Details
8It is an Early Production System
 -- The contact has been awarded
Find out more
8It is Sucker Rod Pump Unit contract
-- There were four bidders in the race
Click on Details for more Details
All the buzz about the boom in the Floating Storage Regasification Unit market, particularly in India, seems to be more hype than real.
8As of now, there is just one FSRU with a commitment to be leased out to India, and the vessel is currently being used as an LNG tanker at a lower day rate until it is ready for deployment as an FSRU.
8A new tanker being ordered as a new built by an operator but its capacity is not known.
8The point to note is that the market for FSRUs saw a big boost when  major leasing companies decided to invest in new vessels on a prospective basis. Most of these prospects did not materialise and the majority of the additional vessels have been assigned to operating as LNG carriers.
8This has resulted in ten of the 34 vessels now operating as tankers – a significant 30 per cent of the fleet.
8This must be a disappointment for the leasing companies as the day rates for tanker services are normally much lower, at typically $80,000/day, than for import terminal operation at typically $120,000/day.
Click on Details for more Details
Despite the slow down in the global FSRU market, there is clear demand in India for small-sized FSRUs as many coastal areas are ill-served by pipeline networks.
8In fact, India can be the ripe palce for experimentation with small FSRUs, with low overheads
8There is one example of innovative jetty-less transfer for smaller FSRUs, which is 50% cheaper than putting up a jetty, and can be installed six times faster
8FSRUs can be as small as 0.50 mmtpa or even less. These can be used for captive supply, or for special economic zones away from pipeline networks. Their cost economics can possibly be more favorable than those that supply gas through land-based pipelines.
Click on Reports for more Details
We have created database entries on Oil India Ltd's OALP blocks for future follow-up through our project monitoring software.
8All these blocks will involve significant investments
8Initial seismic survey orders have been placed in a few of them
8EIA consultants selected
8RFQs for equipment and services will come later
Click on Details for more Details
What is the breakeven price of gas for ONGC's KG-DWN-98/2 field?
8And with first gas attempted for December, 2019, will the company be able to sell gas at the government determined price?
8It looks more like ONGC mayl incur a loss producing first gas out of its big KG Basin discovery.
Click on Details for more Details
Petronet LNG Ltd seems to be finding it difficult to find a director technical to take over the slot left by Rajender Singh, who retired a month ago
8Singh has now made a move that has made the PLL brass deeply unhappy
8Meanwhile the hunt for a new director technical continues
Click on Details for more Details
It is a small ATF terminal expansion project
8The company's internal team is doing the engineering
8RFQs expected soon for fabrication and installation
Click on Details Details
In a project involving a GCS, treatment facility and development drilling programme, worth Rs 758 crore, the contractor has awarded a subcontract for laying a Rs 58 lm pipeline
8Click on Details to find out more Details
ONGC seems to be facing overlapping issues in its CBM blocks
8In one block, it seems to have run into a problem with an airport project
8All RFQs for integrated service providers are delayed for now and they are expected later for this Rs 1000 crore development
Click on Details for more Details
A new limited tender list is under preparation by ONGC for construction of offshore wellhead platforms
8Some new partnerships are being formed and they will be in the list, and there will be at least one new local player
8There can be others as well
Click on Details for more Details
Oil India's RFQ for four drilling rigs get a big response
8Orders are now being placed
Click on Details for more Details
Cairn India came in too heavy when it set stringent conditions for "integrated" development of 41 of its OALP-1 blocks
8It does not quite know how to deal with bidders who are refusing to play along
8From the look of it, extending the "integrated" model to exploration blocks has tuned out to be a failure.
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply of Flare Gas Recovery Compressor Spares Details
8Comprehensive Annual Maintenance Contract of Electro-Hydraulic Actuators Details
8Supply, Installation and Commissioning of Linear Heat Detection System Details
8EOI for Line Pipe and Pipe Coating Details
8Rate Contract for Coke Removal/ Cleaning/ Transportation from DCU Unit to coke storage area Details
8Replacement of PCV and its associated piping and valves in old SV inlet line Details
8Wireline Logging and Perforation Services Details
8Civil Works for carrying out various Civil, Mechanical and Electrical Jobs Details
8Supply and Laying of HDPE Flexible Pipeline at Retail Outlets Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Reliance Industries and BP scouts for natural gas buyers Details
8India grabs US crude set to arrive in China after tariffs Details
8BPCL, HPCL buy more gasoline to plug supply gaps Details
8Government won't ban petrol, diesel vehicles: Nitin Gadkari Details
8Unipec resells US crude oil to India, South Korea amid trade tensions Details
8India's move to bolster energy ties with Russia has nothing to do with problems with Iran: FS Details
8Modi-Putin's push for eco-energy-ICT partnership; joint development of oil fields Details
8Russia could increase energy sector investments by 40% by 2024: Minister Details
8Energy stocks pull Australian shares higher, NZ also rises Details
8Biden defends campaign fundraiser with natural gas investor Details
8BP expects oil demand to grow by less than 1 mn bpd in 2019 Details
8Oil prices edge higher, set for weekly gain amid trade optimism Details
8UK regulator fines Engie unit for gas price manipulation by trader Details
8BRIEF: New Zealand Oil And Gas says Court ordered special meeting of companies shareholders Details
You can also click on Newsclips for more   Details
One concept that has garnered significant attention across the oil and gas industry in recent years is the “digital twin.”
8However, there remains a great deal of confusion about what a digital twin is, and how it can be harnessed to add value to operations and facilities.
8Some organizations use digital twin as a synonym for their 3D plant models, others, for their predictive maintenance or simulation models.
8The bottom line is that the digital twin is all of these and more, and if operators don’t look at it holistically, they are likely to miss out on some of the benefits.
8But Indian operators must now learn to ask for a digital twin as a requirement to their engineering partners. This is now starting to happen at the equipment level, but operators should require the same for the facility as a whole. Ultimately, if the twin is deployed as a standard deliverable during project execution, companies will recover more than the full investment through reduced risk and shorter project cycle times. Details
Many Indian oil & gas offshore contractors can look forward to additional business from offshore wind capacity that the Indian government is keen to build up.
8The country announced an offshore wind target of 5GW by 2022 and 30GW by FY2030.54 In 2018, MNRE invited an expression of interest for 1GW of offshore wind capacity in the Gulf of Khambhat, located off the coast of Gujarat. The invite garnered immense interest from domestic as well as foreign developers. Prominent participants from India included Sterlite Power Grid, Greenko, Mytrah Energy, Inox Wind, Suzlon Energy, and ReNew Power companies.
8Some of the well-known foreign participants included Ørsted, alfanar, Deep Water Structures, E. ON Climate and Renewables, Terraform Global, Macquarie Group, Shell and Senvion.
8Find out more on what is happening on this front
Click on Details for more Details
Sulphuric Acid Expansion Project
8Cost - Rs 100 crore
8Project Event: The company has been submitted the proposal for an amendment in capacity to environmental clearance. The discussion is ongoing and RFQ for the EPC contractor is likely to be released in October 2019 due to delay in the discussion.
Click here for more details  (through www.indianfertilizer.com) Details
Ammonium Nitrate Greenfield Project
8Cost - Rs 1750 crore
8Project Event: The company is hired Casale for the technology licensor and clearances have been received. The RFQ for the EPCM contractor is likely to be released in November in place of August 2019..
Click here for more details
 Details
The PNGRB has taken into account the point raised about the inclusion of non-recurring O&M in pipeline tariffs
8The regulator has taken cognizance of its views, and will take a decision on it
Click on Reports for more Details
The bids against ONGC's tender for PSVs and AHTSs were meant to open in the first week of this month
8Find out what happened
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Healthiness Checking and Calibration of Electrical Testing Equipment Details
8Supply of Mechanical Seal and Spares Details
8Rate Contract for Painting of tanks in Refinery and ATP area Details
8High Speed Pail Filling Line Details
8Supply, Installation and Commisioning of decantation flow meter Details
8Replacement of Hydrant Pipeline at LPG Bottling Plant Details
8Services for carrying out Electrical Capex Jobs at Refinery site Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India's H-Energy, Russia's Novatek to set up JV to sell LNG in India Details
8ONGC plant fire: CNG supply back to normal at all Mumbai pumps Details
8India, Russia decide to expand bilateral trade to $30 bn by 2025 Details
8India and Russia target $30 billion in trade by 2025, announce new energy deals Details
8Vedanta may soon get freedom to market gas from Rajasthan block Details
8Oil companies likely to resume fuel supply to Air India at six airports Details
8Oil prices recover some ground, but economic concerns weigh Details
8Iran to return to nuclear deal only under oil credit line Details
8GE's Baker Hughes sees range-bound oil prices for foreseeable future Details
8Gazprom Neft ready to work with Indian energy firms in Arctic: Novak Details
8Oil & Money conference rebrands to reflect energy transition Details
8Oil refining companies raise digital technology investment despite lower margins: Accenture study Details
8New fuel to get sea freight environmentally shipshape Details
8Srei Infra, Quippo Oil and Gas Infra & JSC Rosgeo sign cooperation agreement Details
8Russian energy minister says oil market balanced, but uncertainties persist Details
8Oil dips over 2% on rising output Details
You can also click on Newsclips for more   Details
Contrary to popular view, ONGC's credits matrices have become better than last year but it still enough to take care of its liabilites
8And the situation can get worse, if more acquisitions are made
8There are other scenarios as well when it can get tougher for the E&P giant
Click on Reports for more Details
The model that is now followed by Indian entrepreneurs is to grow a midstream oil & gas investment to a critical level and then rope in a foreign partner at a premium
8Already, Adanis are negotiating with Total for a sale of its midstream assets
8Ambanis have done it with BP for their retail outlets
8Now is the turn for someone else
Click on Details for more Details
The Afcons-Bumi Armada combine continues to contract out more orders for the FPSO that is meant to be supplied to ONGC's KG-DWN-98/2
8Earlier this week, a deal was struck to convert a VLCC into a FPSO, the conversion to be done in a foreign shipyard
8It is now learned, that more orders have been placed for equipment on the FPSO
Click on Details for more   Details
Nagaland is always been a difficult state to work with
8OIL has now postponed a seismic survey tender till next year
Click on Details for more on how the decision is based more on politics than on operational reasons. Details
A private sector FSRU is envisaged to feed an SEZ zone
8The environment footprint is kept very narrow, wherein an FSRU is going to be permanently anchored in an existing jetty. The jetty currently import POL products.
8There is a short pipeline to the SEZ from the jetty, and that too will use an existing ROU
8It is an easy project to do, and a coastal LNG shuttle will feed the FSRU regularly.
8Find out what has been the progress so far on the project
Click on Details for more Details
Cairn India's Barmer block has hundreds of unverified workers, alleges locals in the area
8Given that the block is not far from the international border with Pakistan, worries are beginning to emerge
Click on Details for more Details
How is RIL's petcoke gasification project going as of now?
8Not according to plan, it is learned
Click on Details for more Details
OIL is fast off the track on development of OLAP blocks
8Here is an update on an Assam block, where the seismic survey job has already been awarded
8The EIA consultant has been selected
8But RFQs for equipment and service providers are expected only by Q2, 2020
Click on Details for more Details
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