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Sep 2017
For reference purposes the website carries here the following tenders:
8Hiring of Contract Services for Quantitative Risk Assessment Study for Khera Jurisdiction Details
8Procurement of Metering Skid for KPCL, Yelhanka Project Details
8Supply of Ultrasonic Level Transmitters Details
8Providing Service Assistance to Projects-Mechanical Field activities at refinery Details
8EOI for Civil work at Nagayalanaka Field in Krishna area Details
8Civil works at drill site GKIV_H in Geleky area Details
8Procurement of Tri-Ethylene Glycol Details
8Procurement of Oil Content Analyser Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Russia's Rosgeo in $400 million deal to drill for South African gas Details
8Polish refiner Lotos receives first crude oil cargo from Canada Details
8Dharmendra Pradhan says daily petrol, diesel price revision to continue Details
8India to bid for Israel oil-and-gas exploration blocks: Dharmendra Pradhan Details
8IGL, IOL-Adani set to win gas distribution licences in 8th round of city gas bidding Details
8Numaligarh Refinery dispatches first diesel consignment to Myanmar Details
8Numaligarh Refinery Limited commenced export of High-Speed Diesel to Myanmar Details
8ONGC to raise Rs 25,000 crore to partly finance HPCL acquisition Details
8ONGC to bid for Israel oil, gas blocks Details
83 scenarios to develop Farzad-B Gas field Details
You can also click on Newsclips for more Details
8Hiring of Contract Services for Quantitative Risk Assessment Study for Khera Jurisdiction Details
8Procurement of Metering Skid for KPCL, Yelhanka Project Details
8Supply of Ultrasonic Level Transmitters Details
8Providing Service Assistance to Projects-Mechanical Field activities at refinery Details
8EOI for Civil work at Nagayalanaka Field in Krishna area Details
8Civil works at drill site GKIV_H in Geleky area Details
8Procurement of Tri-Ethylene Glycol Details
8Procurement of Oil Content Analyser Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Russia's Rosgeo in $400 million deal to drill for South African gas Details
8Polish refiner Lotos receives first crude oil cargo from Canada Details
8Dharmendra Pradhan says daily petrol, diesel price revision to continue Details
8India to bid for Israel oil-and-gas exploration blocks: Dharmendra Pradhan Details
8IGL, IOL-Adani set to win gas distribution licences in 8th round of city gas bidding Details
8Numaligarh Refinery dispatches first diesel consignment to Myanmar Details
8Numaligarh Refinery Limited commenced export of High-Speed Diesel to Myanmar Details
8ONGC to raise Rs 25,000 crore to partly finance HPCL acquisition Details
8ONGC to bid for Israel oil, gas blocks Details
83 scenarios to develop Farzad-B Gas field Details
You can also click on Newsclips for more Details
Single Super Phosphate Expansion Project: contractor needed
Cost - Rs 20 Crore
Project Description: A Fertilizer company is awaiting environmental clearance for an expansion of its Single Super Phosphate from 300 MTPD to 600 MTPD, Granulated Single Super Phosphate from 150 MTPD to 600 MTPD
The equipment requirements are Cranes, Hoppers, Feeders, Conveyors, Valves, Grinding Mills, Tanks, Separators, Pumps, ID Fans, Collectors, Generators, Mixers, Dens, Scrubbers, Screens, Mills, Elevators, Drums, Furnaces, Cyclones, Blowers, Belts, Weighing machines and more
Project Event: Tender for contractor is likely to be released in October 2017
Click here for more information
NPK Fertilizer Greenfield Project: Raw material needed
Cost - Rs 1517 Crore
Project Description: A Fertilizer company is planning to set up a new NPK Fertilizer plant with a capacity 1200000 MTPA in India. The requirement of raw materials are:
-- 220000 MTPA of Ammonia
-- 400000 MTPA of Phosphoric acid
-- 480000 MTPA of Murate of Potash
Click here for more information Details
Cost - Rs 20 Crore
Project Description: A Fertilizer company is awaiting environmental clearance for an expansion of its Single Super Phosphate from 300 MTPD to 600 MTPD, Granulated Single Super Phosphate from 150 MTPD to 600 MTPD
The equipment requirements are Cranes, Hoppers, Feeders, Conveyors, Valves, Grinding Mills, Tanks, Separators, Pumps, ID Fans, Collectors, Generators, Mixers, Dens, Scrubbers, Screens, Mills, Elevators, Drums, Furnaces, Cyclones, Blowers, Belts, Weighing machines and more
Project Event: Tender for contractor is likely to be released in October 2017
Click here for more information
NPK Fertilizer Greenfield Project: Raw material needed
Cost - Rs 1517 Crore
Project Description: A Fertilizer company is planning to set up a new NPK Fertilizer plant with a capacity 1200000 MTPA in India. The requirement of raw materials are:
-- 220000 MTPA of Ammonia
-- 400000 MTPA of Phosphoric acid
-- 480000 MTPA of Murate of Potash
Click here for more information Details
8Mumbai's floods hit port operations, find out more. click on Report.
8Tanker markets declined again during the second quarter, putting pressure on shipowners’ earnings. The extension of the agreement by OPEC to reduce production volumes had a negative impact on tonne-mile demand in the crude oil tanker segment. Yet at the same time, the crude oil tanker fleet grew by 5.5% year on year. The significant volume of new tonnage on order -- which rose further in the year to date -- created an additional burden. Excess capacity was accompanied by escalating liquidity shortages faced by shipowners. Challenging market conditions triggered numerous restructurings. Click on Report for more.
8AGM notice by Avantika Gas Ltd. Click on Report for more.
8Find out more on how lubricant manufacturer Tide Water Oil Company (India) Ltd rides to a profitable future in an otherwise stagnant market on the coat tails of the bigger players in the industry. Click on Report for more.
8Roof top solar projects in oil & gas installations is the next growth area, it looks like. One Indian oil major has big plans in this direction. Click on Report for more.
8Newbuilding LNG vessel ordering was low in 2016, but has picked up moderately so far in 2017, as 8 newbuildings have been ordered in 2017. The orderbook at the end of Q2 for LNG vessels above 100,000 cbm (excl. FSRU and FLNG) was 104 vessels, of which only 11 are available for contract. As a result of the weak market and shipyard constraints some deliveries can be expected to be delayed. Click on Report for more.
8Rs 250 crore POL storage capacity expansion is coming up: RFQs soon. Click on Report for more.
8Sale, purchase and demolition rates in the global tanker market. Click on Report for more. Details
8Tanker markets declined again during the second quarter, putting pressure on shipowners’ earnings. The extension of the agreement by OPEC to reduce production volumes had a negative impact on tonne-mile demand in the crude oil tanker segment. Yet at the same time, the crude oil tanker fleet grew by 5.5% year on year. The significant volume of new tonnage on order -- which rose further in the year to date -- created an additional burden. Excess capacity was accompanied by escalating liquidity shortages faced by shipowners. Challenging market conditions triggered numerous restructurings. Click on Report for more.
8AGM notice by Avantika Gas Ltd. Click on Report for more.
8Find out more on how lubricant manufacturer Tide Water Oil Company (India) Ltd rides to a profitable future in an otherwise stagnant market on the coat tails of the bigger players in the industry. Click on Report for more.
8Roof top solar projects in oil & gas installations is the next growth area, it looks like. One Indian oil major has big plans in this direction. Click on Report for more.
8Newbuilding LNG vessel ordering was low in 2016, but has picked up moderately so far in 2017, as 8 newbuildings have been ordered in 2017. The orderbook at the end of Q2 for LNG vessels above 100,000 cbm (excl. FSRU and FLNG) was 104 vessels, of which only 11 are available for contract. As a result of the weak market and shipyard constraints some deliveries can be expected to be delayed. Click on Report for more.
8Rs 250 crore POL storage capacity expansion is coming up: RFQs soon. Click on Report for more.
8Sale, purchase and demolition rates in the global tanker market. Click on Report for more. Details
In the global rankings of 250 top international contractors, there are just a handful of Indian companies which figure.
8Some big names like Engineers India Ltd (EIL) do not find a spot in the rankings
8L&T clearly leads the pack not just in the oil & gas space but in other segments as well.
8The global market has been going through challenging times with low oil prices putting severe pressure on project FIDs
8And yet there are opportunities in the market as well
8Those of our readers and clients working in the contracting industry, find out the more on the companies which make it to the rankings, the size of the market and how it has shrunk and what are the prospects going ahead
Click on Reports for more Details
8Some big names like Engineers India Ltd (EIL) do not find a spot in the rankings
8L&T clearly leads the pack not just in the oil & gas space but in other segments as well.
8The global market has been going through challenging times with low oil prices putting severe pressure on project FIDs
8And yet there are opportunities in the market as well
8Those of our readers and clients working in the contracting industry, find out the more on the companies which make it to the rankings, the size of the market and how it has shrunk and what are the prospects going ahead
Click on Reports for more Details
Of the 39 companies which have put in their bids for a five-year LNG contract in Bangladesh, there are a clutch of Indian companies
8IOC and GAIL are independently in the fray.
8So is a new Indian entrant
8Bangladesh says LNG suppliers will be shortlisted based on the age of firms, track record of LNG delivery experience both in FSRU (floating, storage and re-gasification unit)
based and land-based terminal and the ability to deliver lean LNG, among other parameters.
Click on Reports for more Details
8IOC and GAIL are independently in the fray.
8So is a new Indian entrant
8Bangladesh says LNG suppliers will be shortlisted based on the age of firms, track record of LNG delivery experience both in FSRU (floating, storage and re-gasification unit)
based and land-based terminal and the ability to deliver lean LNG, among other parameters.
Click on Reports for more Details
The oil and gas industry may be going through a slump but nevertheless the Indian line pipe industry, which is among the top three manufacturing hubs for SAW pipes and one of
the leading exporters, was able to weather the gloom in a better conditions than others.
8The industry is now waiting to tap the large growth potential in the Indian market by ensuing that it remains its exclusive preserve even as globally the reverse relationship between demand and crude prices manifests itself in sharper relief
8As Indian exports suffer, the uptick in domestic demand is expected to keep the mood buoyant.
8A dossier on planned domestic pipeline projects is outlined
Click on Reports for more Details
the leading exporters, was able to weather the gloom in a better conditions than others.
8The industry is now waiting to tap the large growth potential in the Indian market by ensuing that it remains its exclusive preserve even as globally the reverse relationship between demand and crude prices manifests itself in sharper relief
8As Indian exports suffer, the uptick in domestic demand is expected to keep the mood buoyant.
8A dossier on planned domestic pipeline projects is outlined
Click on Reports for more Details
In our continuing series on understanding the oil market better, the website carries here an analysis on why Saudi Arabia abandoned its policy of pursuing market share by driving down oil prices in favour of pushing OPEC to cut prices.
8The reason for the switch is that the earlier policy did not yield the desired results
8It lost market share instead of retaining or gaining share in key markets of China and India
8Meanwhile low oil prices are a bigger threat to Saudi Arabia than its arch rival Iran as the latter has a much lower fiscal breakeven point than the former.
8The website carries here charts and graphs to show how this great game plays out behind the scene even as many observers are wary about Saudi Arabia's next moves.
Click on Reports for more Details
8The reason for the switch is that the earlier policy did not yield the desired results
8It lost market share instead of retaining or gaining share in key markets of China and India
8Meanwhile low oil prices are a bigger threat to Saudi Arabia than its arch rival Iran as the latter has a much lower fiscal breakeven point than the former.
8The website carries here charts and graphs to show how this great game plays out behind the scene even as many observers are wary about Saudi Arabia's next moves.
Click on Reports for more Details
Clearly the rebalancing of the crude oil market, where demand and supply balance out as stocks come down, is not going to happen in 2017.
8How about 2018?
8There are contrary forces pulling in different directions.
8Falling US supply kicks off the rebalancing act but won’t finish it. Recent hedging activity helps US producers become increasingly price agnostic.
8But the bottom view is that the over arching theme of slowing investment in costly multi-year cycle projects has planted the seeds for a sustainable push higher given that the commissioning of short cycle, steep decline projects will be insufficient to offset supply disruptions alongside natural declines.
8The lack of commissioning of additional high cost, low decline projects like the oil sands or deepwater projects will steepen the global production decline rates as the market moves towards a supply gap later in the decade.
8But for our readers, it is always more prudent to take all such analysis with a pinch of salt
Click on Reports for more Details
8How about 2018?
8There are contrary forces pulling in different directions.
8Falling US supply kicks off the rebalancing act but won’t finish it. Recent hedging activity helps US producers become increasingly price agnostic.
8But the bottom view is that the over arching theme of slowing investment in costly multi-year cycle projects has planted the seeds for a sustainable push higher given that the commissioning of short cycle, steep decline projects will be insufficient to offset supply disruptions alongside natural declines.
8The lack of commissioning of additional high cost, low decline projects like the oil sands or deepwater projects will steepen the global production decline rates as the market moves towards a supply gap later in the decade.
8But for our readers, it is always more prudent to take all such analysis with a pinch of salt
Click on Reports for more Details
The current LNG business is controlled or guided by bigger market players
8But the future will see more small and medium value chain owners in the fray
For now, smaller players are finding it difficult to build a base for the following reasons:
-- Project development is slow
-- Early phases are very capital intensive and it is hard for smaller players to weather the pre-development phases
-- Lack of comparable analysis leaves too many unknowns for investors
-- Uncertainty surrounding a viable supply chain has created nervousness to switch fuels from oil, diesel or distillates to LNG
8Find out more on how the advantage will slowly shift to the small and medium chain owners
Click on Reports for more Details
8But the future will see more small and medium value chain owners in the fray
For now, smaller players are finding it difficult to build a base for the following reasons:
-- Project development is slow
-- Early phases are very capital intensive and it is hard for smaller players to weather the pre-development phases
-- Lack of comparable analysis leaves too many unknowns for investors
-- Uncertainty surrounding a viable supply chain has created nervousness to switch fuels from oil, diesel or distillates to LNG
8Find out more on how the advantage will slowly shift to the small and medium chain owners
Click on Reports for more Details
A bumper Q-2 performance awaits the Indian refinery sector.
8A lot of factors point in this direction
8QTD Singapore benchmark margins are quoting at record highs of USD7.8/bbl gaining from global tailwinds.
8Disruption in the US Gulf coast refineries due to the fury of Hurricane Harvey would likely benefit Indian refiners.
8The region, which constitutes ~45% of USA’s refining capacity, has seen capacity shutdowns of ~1mnbbl/d, with an additional ~1mnbbl/d shutdowns expected going ahead (~3% of global refining capacity).
8Consequently, US gasoline cracks have surged to ~USD24/bbl, 2x recent levels.
8Gasoline represents ~12-15% of India’s refining slate (second largest component).
8Overall, the expectation is that export major, RIL as well as OMCs will be among the major beneficiaries of the trend.
8Combine these factors and you have a bumper performance coming up
Click on Reports for more Details
8A lot of factors point in this direction
8QTD Singapore benchmark margins are quoting at record highs of USD7.8/bbl gaining from global tailwinds.
8Disruption in the US Gulf coast refineries due to the fury of Hurricane Harvey would likely benefit Indian refiners.
8The region, which constitutes ~45% of USA’s refining capacity, has seen capacity shutdowns of ~1mnbbl/d, with an additional ~1mnbbl/d shutdowns expected going ahead (~3% of global refining capacity).
8Consequently, US gasoline cracks have surged to ~USD24/bbl, 2x recent levels.
8Gasoline represents ~12-15% of India’s refining slate (second largest component).
8Overall, the expectation is that export major, RIL as well as OMCs will be among the major beneficiaries of the trend.
8Combine these factors and you have a bumper performance coming up
Click on Reports for more Details
8DFRs have been completed and RFQs for equipment and services are expected to come up for the following projects;
-- Augmentation of Barauni-Bongaigaon Section of Naharkatiya-Baurauni Crude Oil Pipeline for Oil India Limited (OIL).
-- Palanpur-Vadodara pipeline and Marketing Terminal project for HPCL.
-- Cauvery Basin Refinery (CBR) project
-- Standalone petrochemical complex in Andhra Pradesh.
8DFRs are currently in progress for:
-- 327 km Multi product Bina-Panki Pipeline of BPCL
-- West Coast Mega Refinery:cum-Petrochemical compex
8Meanwhile additional RFQs are expected for is going to come up
-- To increase operations flexibility of C2C3 recovery plant at GAIL Vijaipur.
--RFQs for equipment and services after licensor selection and DFR for HMEL Petrochemical plant at Bhatinda.
Click on Reports for more Details
-- Augmentation of Barauni-Bongaigaon Section of Naharkatiya-Baurauni Crude Oil Pipeline for Oil India Limited (OIL).
-- Palanpur-Vadodara pipeline and Marketing Terminal project for HPCL.
-- Cauvery Basin Refinery (CBR) project
-- Standalone petrochemical complex in Andhra Pradesh.
8DFRs are currently in progress for:
-- 327 km Multi product Bina-Panki Pipeline of BPCL
-- West Coast Mega Refinery:cum-Petrochemical compex
8Meanwhile additional RFQs are expected for is going to come up
-- To increase operations flexibility of C2C3 recovery plant at GAIL Vijaipur.
--RFQs for equipment and services after licensor selection and DFR for HMEL Petrochemical plant at Bhatinda.
Click on Reports for more Details
EIL has muscled into the fertilizer sector by picking up an participation in Revival of the Rs 6000 crore Ramagundam fertiliser project along with NFL and FCI
8The engineering major is executing this project on EPCM Mode.
8Substantial progress in engineering and ordering has been achieved after receipt of the process design packages from the process licensors.
8Major engineering activities have been completed and critical packages have been awarded.
8Site activities have already started and civil works are in full swing.
8The project is slated for completion in FY 2018-19.
8The problem, however, is how EIL will not garner further orders in a spate of government sponsored fertilizer projects which are coming up.
8This is a new segment for EIL and there are established EPCM contractors already firmly entrenched
Click on Reports for more Details
8The engineering major is executing this project on EPCM Mode.
8Substantial progress in engineering and ordering has been achieved after receipt of the process design packages from the process licensors.
8Major engineering activities have been completed and critical packages have been awarded.
8Site activities have already started and civil works are in full swing.
8The project is slated for completion in FY 2018-19.
8The problem, however, is how EIL will not garner further orders in a spate of government sponsored fertilizer projects which are coming up.
8This is a new segment for EIL and there are established EPCM contractors already firmly entrenched
Click on Reports for more Details
Global oil major Royal Dutch Shell says that India may see at least six-fold growth in the Indian gas market by 2030 from the current levels. It adds that LNG may be the largest contributor to it.
8The IEA sees India as the LNG market to watch. IEA predicts that India’s energy demand will increase to two and a half times its current level by 2040, becoming “the engine for global energy demand growth”, reflecting rapid economic growth, current low per capita energy use and a growing population.
8But the website argues that betting so heavily on India to shoulder such an onerous responsibility may not be the safest bet
Click on Reports for more Details
8The IEA sees India as the LNG market to watch. IEA predicts that India’s energy demand will increase to two and a half times its current level by 2040, becoming “the engine for global energy demand growth”, reflecting rapid economic growth, current low per capita energy use and a growing population.
8But the website argues that betting so heavily on India to shoulder such an onerous responsibility may not be the safest bet
Click on Reports for more Details
8Project Name: Dehydration & HC Dew Points Depression Units 8 GCS stations.
8Project Cost: Rs 60 crore.
8Project Description: The project will involve supply, installation, commissioning and operation & maintenance of gas dehydration & HC dew points depression units.
8Project Event: The Tender for the Contractor is expected by October 2018.
8Expenditure Approval: Q1/2017.
8RFQ Date: Oct/2017.
8Release Date: Dec/2017.
8Date: Q1/2018.
8Completion Date: Q3/2018.
Click here for more details Details
8Project Cost: Rs 60 crore.
8Project Description: The project will involve supply, installation, commissioning and operation & maintenance of gas dehydration & HC dew points depression units.
8Project Event: The Tender for the Contractor is expected by October 2018.
8Expenditure Approval: Q1/2017.
8RFQ Date: Oct/2017.
8Release Date: Dec/2017.
8Date: Q1/2018.
8Completion Date: Q3/2018.
Click here for more details Details
8Project Name: Naba Hydroelectric Greenfield Project
8Project Cost: Rs 7801 crore
8Project Description: The owner along with the consultant is writing out the DPR for scoping environment clearance for a 1000 MW (4*250 MW) hydroelectric greenfield project. TOR extension has been granted. DPR preparation and detailed investigation are under process. Socio-economic survey, public hearing and property survey are getting delayed due to non-cooperation by villagers in the project area. After preparation of EIA/EMP report it will be submitted for appraisal to the EAC. Environment Clearance has to be elicited within 5-6 months before the TOR deadline is over.
8Major equipment that will be required will be four Francis Turbine, Radial gates, turbine-generator sets and associated auxiliaries, transformers, butterfly valves, turbine auxiliaries, governors with auxiliaries, cables, bus ducts and terminal equipment, EOT cranes, shaft and bearing, couplings, vibration control system, girders, tunnel boring machine, powerhouse equipment, among others.
8Project Event: RFQ for an EPC contractor is expected by 2nd Quarter of 2018.
8Expenditure Approval: Q4:2017
8RFQ Date: Q2:2018
8Release Date: Q2:2018
8Start Date: Q3:2018
8Completion Date: Q2:2023
Click here for more information
8Project Name: Hydroelectric Power Greenfield Project
8Project Cost: Rs 2700 Crores
8Project Description: Owner is planning to construct a 330 MW (3*110 MW) hydroelectric power station. Investigations for DPR preparation is underway at present. A requirement for AWS (Atmospheric Weather Station) and RGS (Rain Gauge Station) had been floated in May 2017. RFQs for Geological Surveys are expected shortly.
The major requirement will be drilling (geological S&I), gantry cranes, EOT cranes, tunnel boring machines (TBM), three Francis turbines, turbine generators, governors, radial gates, hoists, vertical lift gates, MIS valves, transmission lines, substation, control units, cables among others.
8Project Event: RFQ for geological investigation is expected by the end of September 2017.
8Expenditure Approval: 2012
8RFQ Date: Sep/2017
8Release Date: Q4:2017
8Start Date: Q4:2019
8Completion Date: 2024
Click here for more information Details
8Project Cost: Rs 7801 crore
8Project Description: The owner along with the consultant is writing out the DPR for scoping environment clearance for a 1000 MW (4*250 MW) hydroelectric greenfield project. TOR extension has been granted. DPR preparation and detailed investigation are under process. Socio-economic survey, public hearing and property survey are getting delayed due to non-cooperation by villagers in the project area. After preparation of EIA/EMP report it will be submitted for appraisal to the EAC. Environment Clearance has to be elicited within 5-6 months before the TOR deadline is over.
8Major equipment that will be required will be four Francis Turbine, Radial gates, turbine-generator sets and associated auxiliaries, transformers, butterfly valves, turbine auxiliaries, governors with auxiliaries, cables, bus ducts and terminal equipment, EOT cranes, shaft and bearing, couplings, vibration control system, girders, tunnel boring machine, powerhouse equipment, among others.
8Project Event: RFQ for an EPC contractor is expected by 2nd Quarter of 2018.
8Expenditure Approval: Q4:2017
8RFQ Date: Q2:2018
8Release Date: Q2:2018
8Start Date: Q3:2018
8Completion Date: Q2:2023
Click here for more information
8Project Name: Hydroelectric Power Greenfield Project
8Project Cost: Rs 2700 Crores
8Project Description: Owner is planning to construct a 330 MW (3*110 MW) hydroelectric power station. Investigations for DPR preparation is underway at present. A requirement for AWS (Atmospheric Weather Station) and RGS (Rain Gauge Station) had been floated in May 2017. RFQs for Geological Surveys are expected shortly.
The major requirement will be drilling (geological S&I), gantry cranes, EOT cranes, tunnel boring machines (TBM), three Francis turbines, turbine generators, governors, radial gates, hoists, vertical lift gates, MIS valves, transmission lines, substation, control units, cables among others.
8Project Event: RFQ for geological investigation is expected by the end of September 2017.
8Expenditure Approval: 2012
8RFQ Date: Sep/2017
8Release Date: Q4:2017
8Start Date: Q4:2019
8Completion Date: 2024
Click here for more information Details
For reference purposes the website carries here the following tenders:
8Carrying out Civil/ Structural and UG Piping Works for Offsite Details
8Annual Rate Contract for Lube Oil Analysis of Rotary Equipment Details
8Procurement of WHFU Gas Compressor Spares at refinery Details
8Carrying out Civil works at drill site DD-11_Z in Demualgaon area Details
8Procurement of Hydrocarbon Detector and UV / IR Detectors Details
8Supply of Compressor-Reciprocating for BS VI Project Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8French energy giant Total seeks local partner for opening petrol pumps in India Details
8LPG price hiked by Rs 7 per cylinder, ATF by 4% Details
8Total scouts for local partner for fuel retailing Details
8On PM Modi's visit, Myanmar to receive first lot of diesel from India Details
8Cabinet reshuffle: PM Modi to recast team with nine new faces Details
8India among the largest recipients of climate change grants but key questions remain unanswered Details
8Will work towards formation of 'new India': New Cabinet Ministers Details
8JM Financial to advise government on HPCL stake sale to ONGC Details
8U.S. gas prices still rising as energy industry starts to recover after Harvey Details
8Brazil's Petrobras, China Development Bank sign cooperation deal Details
8Centre admitting its failure by dropping ministers: Congress Details
8Cabinet Reshuffle: 7 reasons why Dharmendra Pradhan received a pat on the back from PM Modi Details
You can also click on Newsclips for more Details
8Carrying out Civil/ Structural and UG Piping Works for Offsite Details
8Annual Rate Contract for Lube Oil Analysis of Rotary Equipment Details
8Procurement of WHFU Gas Compressor Spares at refinery Details
8Carrying out Civil works at drill site DD-11_Z in Demualgaon area Details
8Procurement of Hydrocarbon Detector and UV / IR Detectors Details
8Supply of Compressor-Reciprocating for BS VI Project Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8French energy giant Total seeks local partner for opening petrol pumps in India Details
8LPG price hiked by Rs 7 per cylinder, ATF by 4% Details
8Total scouts for local partner for fuel retailing Details
8On PM Modi's visit, Myanmar to receive first lot of diesel from India Details
8Cabinet reshuffle: PM Modi to recast team with nine new faces Details
8India among the largest recipients of climate change grants but key questions remain unanswered Details
8Will work towards formation of 'new India': New Cabinet Ministers Details
8JM Financial to advise government on HPCL stake sale to ONGC Details
8U.S. gas prices still rising as energy industry starts to recover after Harvey Details
8Brazil's Petrobras, China Development Bank sign cooperation deal Details
8Centre admitting its failure by dropping ministers: Congress Details
8Cabinet Reshuffle: 7 reasons why Dharmendra Pradhan received a pat on the back from PM Modi Details
You can also click on Newsclips for more Details
Moving forward, ONGC has also identified around 48 discoveries for which conceptualisation, technical due-diligence and investment proposals have started taking shape and which are likely to get approval and roll out in two years’ time. This, however, does not form part of expected volumes targets of 2021-22
8The discoveries will be moved ahead through 16 development schemes in offshore areas and 3 schemes onland with a cumulative volume of around 5 MMT of oil and 114 BCM of gas (subjected to further corrections)
8The plans are to look at the upside potentials of Heera, Neelam, B-173A, B-22 cluster, B-193 C cluster fields, development of GK-28/42 field, additional development of North Tapti field and development of the SD-1 fields in the western offshore areas
8This plan also includes pushing ahead, as mentioned above, with the KG-DWN-98/2 Cluster-III, KG-OSN-2004/1 & GS-49/-2 and the Vaitneteyam field in eastern offshore areas
8On the onland side, the development of Chintallpalli, Medapadu, Manepalli and Ghotaru fields as also the 2nd phase redevelopment of Nagayalanka field and polymer flooding in Bechrajee are on the cards.
Click on Reports for more Details
8The discoveries will be moved ahead through 16 development schemes in offshore areas and 3 schemes onland with a cumulative volume of around 5 MMT of oil and 114 BCM of gas (subjected to further corrections)
8The plans are to look at the upside potentials of Heera, Neelam, B-173A, B-22 cluster, B-193 C cluster fields, development of GK-28/42 field, additional development of North Tapti field and development of the SD-1 fields in the western offshore areas
8This plan also includes pushing ahead, as mentioned above, with the KG-DWN-98/2 Cluster-III, KG-OSN-2004/1 & GS-49/-2 and the Vaitneteyam field in eastern offshore areas
8On the onland side, the development of Chintallpalli, Medapadu, Manepalli and Ghotaru fields as also the 2nd phase redevelopment of Nagayalanka field and polymer flooding in Bechrajee are on the cards.
Click on Reports for more Details
The website also carries here a list of new technologies incorporated by ONGC in the last one year and in the years before.
8Also provided here are a list of strategic tie-ups concluded by ONGC with global players such as Transocean, NOV and Sembwang Shipyard.
8For a global player with a unique service or technology to sell, what is needed while liaisoning with India is a lot of patience and good business development people
Click on Reports for more Details
8Also provided here are a list of strategic tie-ups concluded by ONGC with global players such as Transocean, NOV and Sembwang Shipyard.
8For a global player with a unique service or technology to sell, what is needed while liaisoning with India is a lot of patience and good business development people
Click on Reports for more Details
A lot of very quick activity is expected in the next three years to monetize as many discoveries as possible.
8The scale is going to be large and it will move in several fronts
8The idea is to push gas production from around 25 BCM in 2017-18 to as much as 42.5 BCM in the peak years of 2022 to 2025.
8And that will mean contracting worth a lot more than the $ 5 billion earmarked for Cluster-II discoveries in KG-DWN-98/2
8Oil production too is expected to go up in this period but not as much as the step up in gas output.
8A similar, albeit slightly less, ramp up is expected from the RIL-BP duo too out of its KG Basin discoveries.
8Together it will be a formidable flow of gas if not oil beginning from 2020 and going right through the first half of the 2020s..
8LNG suppliers will have to keep this dynamic in mind while planning out their strategies
Click on Reports for more Details
8The scale is going to be large and it will move in several fronts
8The idea is to push gas production from around 25 BCM in 2017-18 to as much as 42.5 BCM in the peak years of 2022 to 2025.
8And that will mean contracting worth a lot more than the $ 5 billion earmarked for Cluster-II discoveries in KG-DWN-98/2
8Oil production too is expected to go up in this period but not as much as the step up in gas output.
8A similar, albeit slightly less, ramp up is expected from the RIL-BP duo too out of its KG Basin discoveries.
8Together it will be a formidable flow of gas if not oil beginning from 2020 and going right through the first half of the 2020s..
8LNG suppliers will have to keep this dynamic in mind while planning out their strategies
Click on Reports for more Details
Technology induction in innovative EOR and IOR plans to get an even bigger punch from existing discoveries is another priority area for ONGC.
The following is planned:
8Alkaline Surfactant Polymer flooding (ASP) in Viraj & Jhalora field
8Polymer flooding at Bechrajee field
8Cyclic Steam Stimulation in Lanwa field
8Water-alternating-Gas (WAG) flooding in GS-9 sand of Gandhar field
8Immiscible gas injection in KSU-V sand of Boroholla field.
8ONGC is now pursuing EOR in the carbonate reservoir of Mumbai High field through low salinity water flooding techniques.
8The point to note is that worldwide EOR techniques in carbonate reservoir has not met much success but it is to be tried out in Mumbai High
8ONGC claims to be continuously “rebooting” its knowledge and processes to exploit new technologies
If you have a smart idea come and sound it to the ONGC brass and you never know, you may soon find yourself fashioning a tender document that will be right up your street.
Click on Reports for more Details
The following is planned:
8Alkaline Surfactant Polymer flooding (ASP) in Viraj & Jhalora field
8Polymer flooding at Bechrajee field
8Cyclic Steam Stimulation in Lanwa field
8Water-alternating-Gas (WAG) flooding in GS-9 sand of Gandhar field
8Immiscible gas injection in KSU-V sand of Boroholla field.
8ONGC is now pursuing EOR in the carbonate reservoir of Mumbai High field through low salinity water flooding techniques.
8The point to note is that worldwide EOR techniques in carbonate reservoir has not met much success but it is to be tried out in Mumbai High
8ONGC claims to be continuously “rebooting” its knowledge and processes to exploit new technologies
If you have a smart idea come and sound it to the ONGC brass and you never know, you may soon find yourself fashioning a tender document that will be right up your street.
Click on Reports for more Details
Over and above these discoveries, there are 42 more discoveries where go aheads are expected within the next three years
8In these, the production potential is under estimation right now along with the formulation of the conceptual development plans and feasibility plans.
8Capital approval will be likely within the next three years.
8Projected oil and gas from these discoveries will form the next phase of ONGC plans.
8Attempts are also on to consolidate the leads by accreting new reserves through accelerated exploration.
8Clearly a lot of E&P business is still left to be contracted out by ONGC in the next five years
8The upshot is that there should be no let up in business development efforts by equipment and service providers when it comes to ONGC.
Click on Reports for more Details
8In these, the production potential is under estimation right now along with the formulation of the conceptual development plans and feasibility plans.
8Capital approval will be likely within the next three years.
8Projected oil and gas from these discoveries will form the next phase of ONGC plans.
8Attempts are also on to consolidate the leads by accreting new reserves through accelerated exploration.
8Clearly a lot of E&P business is still left to be contracted out by ONGC in the next five years
8The upshot is that there should be no let up in business development efforts by equipment and service providers when it comes to ONGC.
Click on Reports for more Details
Expected further RFQs for the following schemes recently launched by ONGC:
8NW B-173A Development Plan for Exploitation of Mukta pay
84th Phase Development of NBP field
8Development of BSE-11block
8Development of B-147 field
8Development of the R-series fields including revival of R-12 (Ratna)
8Redevelopment of Santhal field
Click on Reports for more Details
8NW B-173A Development Plan for Exploitation of Mukta pay
84th Phase Development of NBP field
8Development of BSE-11block
8Development of B-147 field
8Development of the R-series fields including revival of R-12 (Ratna)
8Redevelopment of Santhal field
Click on Reports for more Details
The really big challenge is to be able to develop the ultra deepwater Cluster-III discovery in the KG-DWN-98/2.
8Cluster III is predominantly a gas field located about 150 kms from the shore in water depths varying from 2500 – 2850m with ultimate recoverable of 76.91 BCM and a peak production of 19.5MMSCMD.
8Already brainstorming sessions with various global service providers for identifying development options for this ultra-deep water field have taken place
8ONGC is determined to push ahead with plans for commencing production from this field around 2022.
8So RFQs are expected next year for consultants and domain experts to look at a development infrastructure
Click on Reports for more Details
8Cluster III is predominantly a gas field located about 150 kms from the shore in water depths varying from 2500 – 2850m with ultimate recoverable of 76.91 BCM and a peak production of 19.5MMSCMD.
8Already brainstorming sessions with various global service providers for identifying development options for this ultra-deep water field have taken place
8ONGC is determined to push ahead with plans for commencing production from this field around 2022.
8So RFQs are expected next year for consultants and domain experts to look at a development infrastructure
Click on Reports for more Details
Development of other discoveries in KG offshore such as KG-DWN-98/2 (Cluster-I & III fields), GS-49 and GS-29, G-4-6 fields, shallow water NELP block KG-OSN-2004/1, among others, are under various stages of appraisal or approval for development.
8Currently contracting is on for Cluster-II of the KG-DWN-98/2. The price tag is $ 5 billion.
8The Cluster-II project is meant to deliver as much as as 23.526 MMT of oil and 50.7 BCM of gas by 2034-35.
8Cluster I of the same block is planned for integrated development along with adjoining PEL block GS-29. With ultimate recoverables of 10.83 BCM of gas and 2.43MMm3 of oil, a peak production of 3 MMSCMD and 9450 BOPD is expected.
8Actions for preparation of field development plan are in progress and the RFQ process is going to begin next year with envisaged production from 2021.
Click on Reports for more Details
8Currently contracting is on for Cluster-II of the KG-DWN-98/2. The price tag is $ 5 billion.
8The Cluster-II project is meant to deliver as much as as 23.526 MMT of oil and 50.7 BCM of gas by 2034-35.
8Cluster I of the same block is planned for integrated development along with adjoining PEL block GS-29. With ultimate recoverables of 10.83 BCM of gas and 2.43MMm3 of oil, a peak production of 3 MMSCMD and 9450 BOPD is expected.
8Actions for preparation of field development plan are in progress and the RFQ process is going to begin next year with envisaged production from 2021.
Click on Reports for more Details
A lot of business development work is likely to come out of ONGC's attempt to rejuvenate the newly acquired GSPC block KG-ONN-2003/1.
8Since the acquisition, FDPs have been submitted for two discoveries made in the block.
8RFQs are likely to be out very soon for hiring desired technological support along with the services of domain consultants and service providers.
Click on Reports for more Details
8Since the acquisition, FDPs have been submitted for two discoveries made in the block.
8RFQs are likely to be out very soon for hiring desired technological support along with the services of domain consultants and service providers.
Click on Reports for more Details
8The ailing Mercator Group, whose foray into shipping has turned sour, has got the DGH to approved the preparation of a Field Development Plan for two wells in the onshore CB-ONN-2005/9 block in Bharuch, Gujarat. Click on Report for more.
8A series of write-ups by experts on strategies to adhere to the Prime Minister's near impossible target of cutting the oil import plan tby 10% by 2022. Click on Report for more.
8To keep China off Nepal, India is now assiduously wooing its neighbor with more pipeline projects. There will be an LPG pipeline from Motihari to Amlekhgunj while a gas pipeline will go from Gorakhpur to Sunwal. A DFR is now under preparation to extend the petroleum products pipeline from Amlekhgunj to Chitwan in Nepal. Click on Report for more.
8IOC will have 20,000 km of pipelines by the year 2020-21 with capacities to transport over 118 MTPA of liquid fuel and 50 mmscmd of gas. Click on Report for more.
8"Excellence, not short term profits, is what drives us". Value based instead of momentum based investing will bring in 10% higher returns in dollar terms, says K.M. Seth, chairman of Great Eastern Shipping Co. Ltd, clearly India's most admired shipping company. Seth is a stalwart and a visionary, and his company has ridden the rough seas better than any other shipping company in India. Know more about what he has to say about the future of the industry. Click on Report for more.
8Indian oil and gas officials will be Aberdeen next week to promote Indian E&P activities. Click on Report for more.
8Many investigations are reported on about reuse of oil and re-refining of used oil. Methods such as adsorption, dehydration, vacuum distillation and solvent extraction have been investigated for the re-refining of used oil. The website carries here a summary of research and studies conducted so far on the refining of used oil. Click on Report for more. Details
8A series of write-ups by experts on strategies to adhere to the Prime Minister's near impossible target of cutting the oil import plan tby 10% by 2022. Click on Report for more.
8To keep China off Nepal, India is now assiduously wooing its neighbor with more pipeline projects. There will be an LPG pipeline from Motihari to Amlekhgunj while a gas pipeline will go from Gorakhpur to Sunwal. A DFR is now under preparation to extend the petroleum products pipeline from Amlekhgunj to Chitwan in Nepal. Click on Report for more.
8IOC will have 20,000 km of pipelines by the year 2020-21 with capacities to transport over 118 MTPA of liquid fuel and 50 mmscmd of gas. Click on Report for more.
8"Excellence, not short term profits, is what drives us". Value based instead of momentum based investing will bring in 10% higher returns in dollar terms, says K.M. Seth, chairman of Great Eastern Shipping Co. Ltd, clearly India's most admired shipping company. Seth is a stalwart and a visionary, and his company has ridden the rough seas better than any other shipping company in India. Know more about what he has to say about the future of the industry. Click on Report for more.
8Indian oil and gas officials will be Aberdeen next week to promote Indian E&P activities. Click on Report for more.
8Many investigations are reported on about reuse of oil and re-refining of used oil. Methods such as adsorption, dehydration, vacuum distillation and solvent extraction have been investigated for the re-refining of used oil. The website carries here a summary of research and studies conducted so far on the refining of used oil. Click on Report for more. Details
For reference purposes the website carries here the following tenders:
8Wrapping and Coating of Pipelines at refinery Details
8Annual Rate Contract for Running and Maintenance of Effluent Treatment Plant Details
8Supply of Inline Pressure Control Valves for Refuellers as per attached specifications Details
8Annual Rate Contract for Cathodic Protection System Maintenance Details
8Providing Corrosion Inhibitor for Continuous Injection in LPG Pipelines Details
8Supply of Dew Point Analyser as per tender specification at refinery Details
8Supply and Installation of Actuators for the HVLRs provided at Kandla Fore Shore Terminal Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Would the Paradip refinery tax issue resolution benefit IOC? Details
8Vedanta appoints Kuldip Kaura as interim CEO Details
8Parikh committee report implementation reduced subsidy burden: Pradhan Details
8India ready to fully finance carbon capture technology: Piyush Goyal Details
8Australian team explores opportunities in Indian mining sector Details
8India's GDP growth hits three-year low in June quarter Details
8Gasoline spikes to $2/gallon, crude slips as Harvey wreaks havoc on refiners Details
8Fiscal consolidation may be derailed due to GST, loan waivers and pay revisions Details
8U.S. senator urges Trump to tap fuel, oil reserves in Harvey's wake Details
8India’s Core Industries output rises 2.4% in July 2017 Details
8GDP growth hits three-year low of 5.7 percent in June quarter Details
You can also click on Newsclips for more Details
8Wrapping and Coating of Pipelines at refinery Details
8Annual Rate Contract for Running and Maintenance of Effluent Treatment Plant Details
8Supply of Inline Pressure Control Valves for Refuellers as per attached specifications Details
8Annual Rate Contract for Cathodic Protection System Maintenance Details
8Providing Corrosion Inhibitor for Continuous Injection in LPG Pipelines Details
8Supply of Dew Point Analyser as per tender specification at refinery Details
8Supply and Installation of Actuators for the HVLRs provided at Kandla Fore Shore Terminal Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Would the Paradip refinery tax issue resolution benefit IOC? Details
8Vedanta appoints Kuldip Kaura as interim CEO Details
8Parikh committee report implementation reduced subsidy burden: Pradhan Details
8India ready to fully finance carbon capture technology: Piyush Goyal Details
8Australian team explores opportunities in Indian mining sector Details
8India's GDP growth hits three-year low in June quarter Details
8Gasoline spikes to $2/gallon, crude slips as Harvey wreaks havoc on refiners Details
8Fiscal consolidation may be derailed due to GST, loan waivers and pay revisions Details
8U.S. senator urges Trump to tap fuel, oil reserves in Harvey's wake Details
8India’s Core Industries output rises 2.4% in July 2017 Details
8GDP growth hits three-year low of 5.7 percent in June quarter Details
You can also click on Newsclips for more Details
Phosphoric Acid Greenfield Project
8Cost - Rs 300 Crore
8Project Description: A Fertilizer company is awaiting environmental clearance for its Greenfield Phosphoric acid with a capacity 480000 of Phos acid. The equipment requirements are Storage Systems, Soda Ash Silos, Rotary Dryers, Grinding Units, Ball Mills, Mixing Tanks, Blending Units, Wet Scrubber Units, Venturi Scrubber Units, Cyclone Systems, Air Pollution Control Systems, Vibro Shifters, Screens and Sieves, Conveyors and more
8Project Event: RFQs for LSTK contractor was floated in January 2017 and is likely to finalized in September or October 2017. RFQs for equipment is likely to be released in November 2017
Click here for more information
Single Super Phosphate-Sulphuric Acid & NPK Fertilizer Expansion Project
8Cost - Rs 15 Crore
8Project Description: A Fertilizer company is awaiting environmental clearance for its expansion of Super Phosphate Unit from 66000 TPA to 200000 TPA, Granulated NPK Fertilizer from 60000 TPA to 200000 TPA, Sulphuric acid from 33000 TPA to 50000 TPA at Pulgaon in Maharashtra. The equipment requirements are Crane, Hopper, Feeder, Conveyor, Valve, Grinding Mill, Tank, Separator, Pump, ID Fan, Collector, Generator Mixer, Den, Scrubber, Screen, Mill, Elevator, Drum, Furnace, Cyclone, Blower, Fan, Belt, Weighing machine, Steam Turbine Generators, Economizers, Reheaters, Boilers, Sulphur Combustor, Drying Towers, Absorbers, Absorber Exchangers, Sulphur filters, Sulphuric Melting Tank, motor, Pumps and more.
8Project Event: RFQs are expected to come out in October 2017
Click here for more information
NPK Fertilizer Greenfield Project
8Cost - Rs 300 Crore
8Project Description: A Fertilizer company is awaiting environmental clearance for its Greenfield 1000000 MTPA NPK project. The equipment requirements are Feeding hoppers, Electronic belt scales, Conveyors, Mixers, Crushers, Granulators, Dryers, Feeders, Coolers, Elevators, Blowers, Collectors, Towers, Chimneys, Drums, Bins, Screens and more
8Project Event: Tender for equipment is likely to be released in November 2017
Click here for more information
Ammonium Phosphate Greenfield Project
8Cost - Rs 600 Crore
8Project Description: environmental clearance for its Greenfield Di Ammonium Phosphate and Ammonium Phosphate Sulphate project with a capacity 1020000 MTPA of DAP and 400000 MTPA. The equipment requirements are Feeding hoppers, Electronic belt scales, Conveyors, Mixers, Crushers, Granulators, Dryers, Feeders, Coolers, Elevators, Blowers, Collectors, Towers, Chimneys, Drums, Bins, Screens and more
8Project Event: RFQs in September or October-November 2017
Click here for more information Details
8Cost - Rs 300 Crore
8Project Description: A Fertilizer company is awaiting environmental clearance for its Greenfield Phosphoric acid with a capacity 480000 of Phos acid. The equipment requirements are Storage Systems, Soda Ash Silos, Rotary Dryers, Grinding Units, Ball Mills, Mixing Tanks, Blending Units, Wet Scrubber Units, Venturi Scrubber Units, Cyclone Systems, Air Pollution Control Systems, Vibro Shifters, Screens and Sieves, Conveyors and more
8Project Event: RFQs for LSTK contractor was floated in January 2017 and is likely to finalized in September or October 2017. RFQs for equipment is likely to be released in November 2017
Click here for more information
Single Super Phosphate-Sulphuric Acid & NPK Fertilizer Expansion Project
8Cost - Rs 15 Crore
8Project Description: A Fertilizer company is awaiting environmental clearance for its expansion of Super Phosphate Unit from 66000 TPA to 200000 TPA, Granulated NPK Fertilizer from 60000 TPA to 200000 TPA, Sulphuric acid from 33000 TPA to 50000 TPA at Pulgaon in Maharashtra. The equipment requirements are Crane, Hopper, Feeder, Conveyor, Valve, Grinding Mill, Tank, Separator, Pump, ID Fan, Collector, Generator Mixer, Den, Scrubber, Screen, Mill, Elevator, Drum, Furnace, Cyclone, Blower, Fan, Belt, Weighing machine, Steam Turbine Generators, Economizers, Reheaters, Boilers, Sulphur Combustor, Drying Towers, Absorbers, Absorber Exchangers, Sulphur filters, Sulphuric Melting Tank, motor, Pumps and more.
8Project Event: RFQs are expected to come out in October 2017
Click here for more information
NPK Fertilizer Greenfield Project
8Cost - Rs 300 Crore
8Project Description: A Fertilizer company is awaiting environmental clearance for its Greenfield 1000000 MTPA NPK project. The equipment requirements are Feeding hoppers, Electronic belt scales, Conveyors, Mixers, Crushers, Granulators, Dryers, Feeders, Coolers, Elevators, Blowers, Collectors, Towers, Chimneys, Drums, Bins, Screens and more
8Project Event: Tender for equipment is likely to be released in November 2017
Click here for more information
Ammonium Phosphate Greenfield Project
8Cost - Rs 600 Crore
8Project Description: environmental clearance for its Greenfield Di Ammonium Phosphate and Ammonium Phosphate Sulphate project with a capacity 1020000 MTPA of DAP and 400000 MTPA. The equipment requirements are Feeding hoppers, Electronic belt scales, Conveyors, Mixers, Crushers, Granulators, Dryers, Feeders, Coolers, Elevators, Blowers, Collectors, Towers, Chimneys, Drums, Bins, Screens and more
8Project Event: RFQs in September or October-November 2017
Click here for more information Details
