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Oct 2016

For reference purposes the website carries here the following tenders:
8Procurement of different types and size of cleaning pigs including spares of pigs for the pipelines, Vadodara Details
8Conversion of Nonpiggable to Piggable pipelines under Silvasa Region Details
8Hiring of contract services for lowering of pipeline exposed section, Ujjain Region Details
8Brief details for 100 ton and 180-200 ton capacity rig requirement, Gujarat Details
8Hiring of RCT Tool on Callout Basis for KG-OSN-2001/3 Block, Andhra Pradesh Details
8Supply of Compressor Spares, Digboi Refinery Details
8Procurement of sensors for gas detectors, Gujarat Refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:  
8OIL not supplying adequate gas, alleges APGCL Details
890 lakh BPL households got gas connection under PM scheme Details
8India's $20 billion refinery expansion to cut fuel oil output Details 
8Non-OPEC yet to pledge concrete oil output steps after meeting OPEC Details
8Diwali traffic leads to Rs 200 crore fuel loss annually Details
8Gujarat says move to sell KG gas 'purely commercial' Details 
8Russia strengthens energy ties with India Details
8Work on LNG terminals moves at a snail’s pace Details
8$25-billion investment to be made in petroleum sector: Pradhan Details 
8Iran’s oil sales to Asia up 92% Details
8New oil hunt policy delayed Details
8LPG-related accident raises questions over government initiative to provide clean cooking gas to poor Details
You can also click on Newsclips for more   Details
For reference purposes the website carries here the following tenders:
8Supply and laying of OIL pipeline across Narmada River by HDD Method Details
8Hiring of services for operational assistance for GSU Recovery Units Details
8Supply and Commissioning of Gas Chromatographs Details
8Procurement of LPG Injection Module for Sulphur Analyzer, Auraiya Details
8Providing civil works for the deployment of drilling rigs at exploratory drilling location Details
8Re-Tubing of Heat Exchangers with stamping of CFU & LPG Units of Hazira Plant Details
8Procurement of Polish Rods for Surface Team, Cambay Asset Details
8Supply of Carbon Steel Flanges and pipe fittings, Digboi Refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:  
8Engie seeks to power Asia with gas, renewables Details
8Gulf Oil ties up with Bajaj Auto to manufacture lubricants Details
8IOC posts second quarter net profit of Rs 3,121 crore Details 
8Oil up over $50, US inventory drop balances OPEC doubts Details
8ONGC Q2 net profit rises 6 per cent Details
8India in global hunt for new LNG contracts to fire power plants Details 
8Cairn India to invest $100 mn in Rajasthan gas fields Details
8Oil ends up, OPEC cut commitments assuage lingering doubts Details
8Venezuela to supply oil to India in lieu of USD 537 mn dues Details
8Lower costs benefit ONGC in September quarter Details 
8ONGC says Venezuela's PDVSA to supply oil Details
8Oil prices dip on doubts OPEC can coordinate output cut Details
You can also click on Newsclips for more   Details
The website provides here details on possible business development opportunities in:
8Gas compression: Gas demand is expected to increase by 5.4% per annum right up to 2030. Out of the total  gas compression possible in India, currently only 20% is being done through outsourcing and more is likely in the future.
8Gas dehydration: Government has made it mandatory to have natural gas dehydrated before it can be inserted to the gas pipelines Business opportunity exists in this area
Click on Reports for more.
8Onshore rig business: There are only a handful of players in this segment and opportunities are available for entrepreneurial companies to enter this field.
Click on Reports for more Details
Gujarat Gas Ltd. (GGL), a City Gas Dstribution (CGD) is expected to see a strong two digit growth in business in coming years.
8This is on account of the fact that a large portion of its addressable area is virgin market with high levels of industrial activity.
8The planned industrial clusters and Smart City development in the Delhi Mumbai Smart City project will ensure sustainable demand growth in areas where GGL is already present.
8A future ready gas grid will mean faster sweating of assets and lighter capex going forward.
8There has been a rebound in the prices of competitive fuels like FO (furnace oil), coal and pet coke. This will result in a return of the migrant volumes to gas, benefiting the company.
8The reduction in subsidy on LPG and rebound in prices of petrol and diesel will improve the attractiveness of natural gas as a clean fuel alternative.
Click on Reports for more Details
Cairn India Ltd plans to switch from using the polymer flooding technique in its IOR and EOR programmes in its RJ-ON-90/1 block to a more broad-based Alkali, Surfactant and Polymer (ASP) flooding technique.
8The company intends to use as much as 400,000 bbl/day of ASP solutions.
Click on Reports for more details Details
For reference purposes, the website carries here the complete list of key contacts in the government concerning the oil and gas industry.
8The contact names along with their office and residential numbers are documented
Click on Reports for more Details
RIL's is betting big on using ethane to power its future petrochemical drive.
8It is building the world's largest fleet of ethane carriers to bring in the raw material to its petrochemical complexes in India.
8It has contracted for six very large state-of-art ethane carriers.
8RIL will however then have to place its eggs on using ethane as a feedstock even if the cost economics of ethane turns adverse
Click on Reports to find out more   Details
Tendering for the following packages for the KG-DWN-98/2 block has been initiated:
8Marine Surveys
-- Geo-Physical Surveys : Completed
-- Met Ocean Studies : Contract awarded
-- Geo-Technical Investigations : Contract awarded
-- Geo-Mechanical Study : Contract awarded
8Drilling & Bundled Services: Hiring of Drilling Rigs, hiring of Bundled Services to support Rig Operations, Well Completion and Testing for Production & Activation: Bundled services contract awared.
8Subsea Production Systems (SPS): Procurement of SPS, other long lead items viz. subsea trees, UTA, SDU topside control system, manifolds through finalization of Frame Work Agreement.
8Subsea Umbilical, Risers & Flowlines (SURF): EPIC contract to be awarded for subsea pipelines, Umbilical, Umbilical associated items (UTAs, etc.), Risers, Flow lines, tie-in between wells, control systems and tie-back facility.
8FPSO: Charter hiring process on for FPSO for processing & offloading via Shuttle tankers evacuation -- O&M contract for 12 years: Under tendering.
8Offshore Platform: EPC Contract through ICB tendering on for Offshore Process Platform including export Pipeline (in shallow water) to Onshore Terminal.
8Onshore Gas Terminal Works and MEG plant: EPC contract through ICB tendering currently on.
8Hiring of MSV: Installation of Subsea Tree & subsequent IMR activities through ICB tendering currently on.
8Owners Engineering Consultant (OEC): Systems engineering and operability by ONGC while Owner’s Engineering Consultants (OEC) hired through nomination route
8Project Management Consultants (PMC): Overall Project & Interface management hired through nomination and tendering route
Click on Reports for more Details
The website carries here the full details of the facilities envisaged under ONGC's $ 5 billion KG-DWN-98/2 project.
8Subsea Wells (35 nos.):
-- Cluster 2A (Oil) : 15 Oil Producers + 12 Water Injectors
-- Cluster 2B (Gas) : 8 deep water gas wells
8Subsea Facilities: Subsea Production Systems (SPS) & associated facilities viz. subsea trees, flowlines, manifolds, umbilical & control systems.
8Process Platform: One Process Platform with a LQ & Utility Platform in shallow water (100m water depth) both bridge connected to each other. Production capacity: 12.75 MMSCMD (Cluster 2B free gas).
8FPSO: 425m water depth, Turret mooring (permanent), Tandem offloading (stabilized oil). Production capacity: Oil – 90,000 BOPD, Gas – 3.8 MMSCMD, Water Injection – 33,800 BWPD
8Subsea Pipelines:
-- Gas export pipeline: From platform to shore (cluster 2B free gas + cluster 2A associated gas).
-- Subsea pipeline from FPSO to platform (Cluster 2A associated gas)
-- Rich and Lean MEG pipelines between onshore MEG plant and platform
-- Subsea pipe lines network connecting Cluster 2B gas fields to the platform including spur lines subsea pipelines network connecting Cluster 2A oil fields to the FPSO including spur lines, water injection lines and gas lift lines.
8Onshore MEG Plant: Located onshore at Odalarevu, Andhra Pradesh. MEG regeneration capacity: 2800 m3/day (17,500BPD) of rich MEG.
Click on Reports for more Details
The website carries here a comprehensive paper that models a relationship with gas consumption and industrialization in emerging economies.
8There is a non-linear relationship among gas consumption, GDP per capita growth, industralization and urbanization.
8While gas consumption has a lower correlation to GDP growth, it is highly related to urbanization.
8There are interesting derivations here for Indian policy makers, should they want to use extensive data and modeling to arrive at the ideal pathway to promote domestic gas production
Click on Reports for more Details
Is ONGC making a mistake by lowering the threshold limits for a new Owner’s Management Consultant (OMC) which will provide Management Consultancy Services for its KG-DWN-98/2 block?
8According to this website, the answer is, "yes".
8The project involves the use of subsea completions, FPSOs, SURF (Subsea Umbilical, Risers & Flow lines), among other complex facilities.
8The threshold qualifying turnover limit has been kept at a mere Rs 7 crore and the experience criterion too has been pegged at a low level.
8In the EOI seeking prequalification of bidders, it is already noticed that a clutch of Indian general management consultancy companies such as KPMG, E&Y and PWC -- which have come to monopolize the Indian oil & gas management consultancy business -- have qualified.
8The problem now is that these consultancies will "game" the bidding process, by quoting low to keep the big boys of the global oil and gas consultancy companies out of the fray.
8Some of these consultants have been accused in the past of shoddy work, generation of low quality reports, data leakage and pilfering of data.
8The management consultant has a very important job to function in this project but the selection of any of the clutch of consultants pre-qualified so far is likely to slow down the work done by the likes of ENERCSEA so far.
8ONGC has already hired a couple of consultants on a nomination basis, including an individual consultant.
8For this job too, it should have selected the best in class management consultancy on a nomination basis.
8Using the bidding route to select a Management Consultant with low threshold qualifying criteria is the first big mistake in the implementation of the $ 5 billion contract, the website believes.
Click on Details for more Details
This website is a strong advocate of weaning the Indian oil and gas sector away from the monopoly grip of general management consultancy firms such as PriceWaterhouseCoopers, Deloitte and Ernst & Young.
8These firms have gamed the L-1 system in India to win most consultancy contracts by quoting low prices.
8The consequence is that the sector is deprived of the insights that core oil and gas sector management consultancies such as McDermott-GE, Accenture-Schlumberger and Wood Mckenzie can bring to the table.
8These general management consultancies are only loosely affiliated to their global networks. They work as local research firms with underpaid management graduates. The knowledge base is shallow though in one sense, the shallowness also arises from the manner in which the L-1 system is structured in public sector oil companies. 
8The qualification criteria have been so structured that only they can qualify. It then boils down to who can quote the lowest rate.
8Some of the L-1 prices are so low that it is impossible to turn out quality work.
8Some of these consultancies have also been accused of pilfering data. ISH had recently stopped subscription to one of  the management consultancies as a consequence. Commercial use of data is prohibited in most subscription agreements.
8A perusal of some of the reports made by these consultancies shows a shocking hollowness of approach. The consequent recommendations emanating out of them are therefore widely off the mark. 
8Several oil companies have taken action based on reports made by these consultancies but most such initiatives have run into trouble or have never taken off because the underlying logic eventually did not synchronize with ground realities. While the recommendations come cheap, the cost of pursuing a wrong set of advisories turned out to be far higher.
8The time has come to stop this practice and bring in the right consultancies to do the job. 
8The selection criteria for consultants will have to be fine tuned to keep out the boys and bring in the men. 
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply of Hydrocrabon Gas Detectors, Mathura Refinery  Details
8Design & commissioning of Mechanised Oil Water Separator Systems for petroleum storage terminal, Paradeep Details
8Supply of Splices for CIM injection line on Callout Basis for KG-OSN-2001/3 Block Details
8Supply of 3LPE Line Pipes, Duliajan Details
8EOI for feasibility and concept study for surface facilities for ASP Flood Development for Rajasthan Block Details
8Fresh Catalyst of High Propylene Yield for PFCC Unit, Mangalore Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:  
8India, Iran aim to wrap up Farzad B gas field deal by March Details
8ONGC's aggressive plan to explore more gas in Tripura Details
8Asian markets slip as oil worries hit energy firms Details 
8Iran gives ultimatum to ONGC Videsh Ltd on gas field development Details
8Asian markets mostly down as oil dive hit energy firms Details
8Nigerian militants bomb Chevron oil export pipeline Details 
8Kazakhstan relaunches giant Kashagan oil field Details
8Singapore takes more steps to become LNG trading hub Details
8Refinery stares at huge water crisis Details
You can also click on Newsclips for more   Details
A business development opportunity has come up for a 12-well exploratory development programme at on onshore block.
8The plan is for a block operated by a private company
Click on Reports for more Details
Now that requisite clearances have been obtained, the decks have been fully cleared for a new MS block in a domestic refinery project.
8The contracting processes are now in full swing.
8As a business development manager, are you fully in the loop?
The new MS block will comprise of:
8Naphtha Hydrotreater unit
8Light Naphtha Isomerization unit
8Continuous Catalytic Reformer unit
8Total cost is Rs 3400 crore
Click on Reports for more Details
ONGC will have a big new fleet of deepwater rigs in place.
8A total of two anchor moored rigs and three DP rigs are to be deployed.
8Already two rigs have been hired: the anchor moored Jack Bates and the DP floater rig Aban Abraham.
Find out more details on the work programme of these rigs, when are they all meant to arrive in Indian waters and for what kind of jobs are they meant to be deployed. Details
Highly placed sources in the E&P industry as well as ONGC have told this website that ONGC has given out a contract for complete bundled services for all of the five offshore rigs that the company plans to deploy over the next one year, beginning from October this year.
8These services were hired out to a single contractor at an all time low cost.
Click on Details to find out more on who the award went to to and for how much Details
The deployment of five high caliber rigs will entail a massive deployment of marine spreads by the bundled services contractor.
8Find out how many PSVs and AHTS are to be deployed
8Also what are the costs assigned for such vessel to be deployed along with their associated day rates
Click on Details for more Details
Day rates for PSVs and AHTS vessels are going to keep sliding down as can be interpreted from the estimates taken by the winning bundled services contractor of the five deepwater rigs.
8The fact that rates are sliding is indicated from the fact that the estimates taken by the contractor are lower than the recently established lows in recent renegotiations with PSV and AHTS vessel owners by ONGC.
8These are indeed distressing times for the local vessel owners.
Click on Details for more Details
Our day estimates for PSVs and AHTS vessels are good indicators for vessel owners to look at their cost economics while negotiating with the bundled services contractor for the five offshore rigs that ONGC will be deploying from October this year.
8They provide a base reserve price and if vessel owners can work down their economics further -- which is difficult in today's depressing times -- they stand the change of keeping their vessels deployed instead of keeping them idle.
8Clearly, it is a variable cost plus scenario for vessel owners these days
Click on Details for more Details
Well places sources told this website there is must consternation within the top echelons of Schlumberger over "glaring mistakes" made while bidding for the bundled services contract for five deepwater rigs being deployed by ONGC in Indian waters.
8Such a large order is usually monitored from the very top of the multinational company.
8The fact that it was unable to qualify in the contract for obvious violation of contract conditions has not gone down well with the multinational's management.
8Some heads might roll in India as a result, sources are saying.
Click on Details to find out how the Schlumberger got it wrong and what are the consequences within as a result. Details
A Rs 3000 crore offshore platform development plan is coming up
8This follows a redevelopment plan for an offshore field
8The RFQs are expected by November, 2016
Click on Details for full information Details
For reference purposes the website carries here the following tenders:
8Torrent Power seeks 38 LNG cargoes via term import tender Details
8Reconnaissance survey for proposed dedicated natural gas pipeline from Petronet LNG terminal at Dahej to IOCL, Koyali Refinery Details
8Procurement of Pressure Relief Valves for Aishwarya Project, Haldia Refinery Details
8ARC assistance in Operation & Maintenance of Sulphur Solidification, Handling & Dispatch Unit, Panipat Refinery Details
8Rate Contract for Miscellaneous Instrumentation Jobs during MSQ Plant Shutdown, Mathura Refinery Details
8Laying of ATF product pipeline, Gujarat Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:  
8Modi lays foundation stone for gas pipeline, but where is the gas? Details
8Oil edges up ahead of U.S. data, OPEC jostling caps gains Details
8India’s crude oil production declines 4.1% in September 2016 Details 
8India’s shift to Bharat Standard VI emission norms may face delays Details
8Torrent Power seeks 38 LNG cargoes via term import tender Details
8Tata Power to invest in renewable energy sector in India Details 
8Venezuelan oil minister to hold Moscow talks on Tuesday - embassy Details
8Congress targets Modi over 'plan to buy out GSPC' Details
8RIL signs $573 million loan facility for six ethane carriers Details
8Oil ends down; U.S. crude drops further below $50 on API data Details 
You can also click on Newsclips for more   Details
Refinery production during September, 2016 was 19715.91 TMT was 1.29% higher than the target for the month
8Cumulative production during April-September, 2016 was 3% higher at 121500.29 TMT and 7.90% more than the corresponding period of last year.
Click on Reports  for disaggregated refinery performance data Details
Private and joint venture gas production in September, 2016 was 514.69 MMSCM, a massive 24.46% lower than the monthly target and 27.26% less when compared with September, 2015.
8April-September, 2016 output was also 11.28% less, at 3565.61 MMSCM than the cumulative target and 16.44% lower than September, 2015 production.
8The closure of one associated gas well in the MA field and another gas well in the D1-D3 field in RIL's D-6 block are primarily responsible for the sharp decline
8Why did RIL decide to shut down two wells together?
Click on Reports  for more. Details
Natural gas production during September 2016 was 2600.10 MMSCM which is 5.75% lower than the target for the month and 5.45%  short of September, 2015 production.
8Cumulative natural gas production during April-September, 2016 was 15723.54 MMSCM which is 3.69% lower than target for the period and 4.41% less than the corresponding period of the previous year.
8Find out disaggregated details on ONGC, OIL and private and JV production.
Click on Reports  for more. Details
Crude oil production during September, 2016 was 2917.43 TMT which is 2.82% and 4.09% lower than target and production achieved in September 2015 respectively.
8Cumulative crude oil production during April-September, 2016 was lower too than targets.
Click on Reports for company-wise information along with reasons for the shortfall in output.   Details
LNG driven fuel cell cars are now the rage in some parts of the wprld.
8The design requires an electric vehicle to have both a tank for LNG and a separate fuel cell rack.
8However, the entire system will be just one-third the weight and cost of a lithium-ion battery, with a well-to-wheel efficiency ratio of at least 45%.
8This means an LNG fuel cell car will require a refill after 3,200km.
8The argument is that LNG fuel-cell technology will offer a cleaner and more efficient alternative to lithium-ion batteries.
8Lithium ion batteries in the electric mobility concept are just not the right long-term solution, some believe.
8The three main problems are pricing, weight and energy density in this technology that LNG driven fuel cars can solve
Click on Details for more Details
India is looking at Norway to develop its LNG vessel transportation network.
8According to the Norwegians, there will be 1,000 vessels operating on LNG within 2020.
8LNG propelled vessels can significantly contribute to reduced emissions, both for short sea fleets and for deep-sea transportation.
Click on Details for more Details
Haldia Dock Complex under India’s Kolkata Port Trust has recently earmarked about 10 acres of land for a period of 30 years for setting up of LNG storage facilities set to support the use of LNG as fuel for barges.
8Find out more on what is going on with India's attempt to use LNG in its internal waterways network
Click on Details for more Details
Some Indian companies are betting big on the usage of LNG as a fuelling option to meet India’s transportation needs.
8LNG, which is cheaper than CNG, is not an approved fuel for vehicles right now.
8However, its widespread usage will reduce the cost of road transportation as well as the country’s dependence on crude oil requirements
8Expect some rapid movement on this front in India in the coming months.
Click on Details for more Details
How exactly are anti-collusion provisions impeding competition in ONGC?
8Find out more on how many companies have been disallowed to compete as a result
8Also find out how they actually impede competition
There is also more on how they also delay the finalization of tenders Details
For reference purposes the website carries here the following tenders:
8ARC for various mechanical maintenance jobs of HRSG Boilers, Vaghodia Details
8Hiring of operational assistance services at Gandhar Details
8Supply and Installation of Electro Hydraulic actuator for Pressure Control Valve, Haldia Details
8Modification work of Aptibudruk-MIDC Tarapur Pipeline, Maharashtra Details
8Providing services for peripheral and non core activities, Chennai Details
8Remote Visual Inspection in inaccessible equipments & pipelines, Barauni Refinery Details
8Detailed Engineering Survey, Cadastral Survey and miscellaneous works for Bina-Panki Multiproduct Petroleum Products Pipeline Project Details
8Supply of Anhydrous Ethanol at OMC locations, Mumbai Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:  
8India raises Refinery output by 9% in September Details
8Modi promises cooking gas connection to all households Details
8Adani Petronet gets green nod for Rs 464 crore Dahej port expansion Details 
8RIL to seal Ethane ship deal today Details
8Company says Cyrus Mistry replaced in long-term interest of Tata Sons Details
8ONGC to discuss bonus issue on Thursday to up liquidity Details
8Govt wins $1 billion price dispute with Reliance Industries Ltd, British Gas Details 
8PM Narendra Modi inaugurates Rs 51,000 crore Urja Ganga gas pipeline in Varanasi Details
8Cabinet likely to take a call on Cairn India's Barmer extension Details
8Govt drafts policy for renewing lease of 28 oil, gas blocks Details
8Safety concerns loom over LPG scheme for BPL homes Details 
You can also click on Newsclips for more   Details
ONGC is finally figuring out that some of the Integrity Pact provisions are too stringent for its own good.
8Industry sources have been pointing out for a long time some specific provisions which automatically assume collusive behaviour when there is none.
Click on Details to find out more on this restrictive provisions Details
There is a consensus within ONGC that some of these provisions may be inhibiting competition in company tenders, well placed sources said..
8Sources said that ONGC is now paying heed to a growing body of evidence that whether or not there is collusive behaviour will hinge on the peculiarities of every tender rather than on specific restricting provisions in the Integrity Pact.
Click on Details to find out how opinion has been changing in ONGC over these caveats. Details
There was an intense debate within ONGC on retaining or not retaining the collusion provisions in its Integrity Pact,
8Well places sources said that eventually a decision was taken that would come as a surprise to equipment and service suppliers
Find out more on what happened.   Details
Integrity Packs covenants extended not just to the main bidders or contractors awarded contracts directly by ONGC but also to sub contractors.
8Well placed industry sources said that it was near impossible to track violations of provisions of the Pack by sub-vendors.
Find out more what industry had been saying and ONGC had been thinking. Details
Clearly there were contradictions in the way the Integrity Pack was implemented for sub contractors.
8It is now learnt that ONGC has decided to change how sub-contractors are to be brought into the net.
8In a smart move, ONGC has tried to pass on the baton down the line
Find out how this is being done Details
New studies are showing that the oil market is likely to return to "balance" in 2017.
8The futures market however shows a wide band of prices, going up to $ 110/bbl to as low as $ 23/bbl.
8This wide expectations make projection of the right price a little difficult.
8The mean average price is expected to converge at around $ 60/bbl
Click on Reports for the study. Details
The website carries here a full synopsis of the legal and tax framework for the Indian oil and gas sector.
8The document speaks of a stable tax regime
8The direct tax and regulatory framework is explained in details, including the direct tax overview of E&P companies
8Other deductions are explained as are related relevant positions
8The expatriate taxation and regulatory provisions are explained
8The relevant indirect tax provisions are also elaborated in details
Click on Reports for more Details
Latest indications are that the US onshore oil and gas industry has stabilized after a long period of uncertainty
8For the first time in 2 years, some of the indicators are in the positive zone and others are nearly so.
8A recent study has said that many key oil-producing US plays found that the average break-even costs are $ 53/bbl for oil and USD 3.45 per million Btu of natural gas.
8Capital spending is expected to go up if prices stay at $ 55/bbl or higher for a reasonable period of time.
Click on Reports for more Details
Bid specifications are being drawn up for a crude oil sweetening plant along with the resultant marine spreads in an offshore ONGC platform.
8Since the marine spreads are going to be expensive, ONGC is reported to have clubbed other attendant jobs at the offshore platform
8The cost of the project is expected to be in the range of Rs 450 crore
8Earlier, the proposal was to push the project on a turnkey engineering consultancy and EPC basis but the structure has now been changed
Find out more about the consultant and key contacts involved in the project. Details
Why did ONGC feel the need for setting up a crude sweetening plant?
8What are the problems involved in setting up such a plant in a busy offshore platform?
8And what kind of engineering solutions were found by the engineering consultant to the problem?
Click on Details for all the answers. Details
Business opportunity to the tune of around Rs 250 crore will be available for marine spreads for this offshore job.
8But the marine spread was found to be too expensive just for the installation of the crude sweetening plant.
8So it was decided that a few other attendant jobs needed to be done with the platform or with other nearby facilities will be lumped together to be able to save on marine spread.
8It is important that business development mangers of marine spread companies should look up for when the specifications are to be finalized and when the tenders are going to come up.
8In a depressed market, this is clearly something to look forward to
8Also find out more on what are the other jobs that are going to be lumped together with the gas sweetening plant.
Click on Details for more. Details
The original consultant for the gas sweetening plant that is installed in the platform refused to work on installing a crude sweetening plant at the platform, well placed sources told this website.
8Leaving ONGC with no option to look for another consultant to come up with an innovative solution.
8The solution turned out to be innovative but its implementation is turning out to be more complex than thought earlier.
Click on Details for more. Details
For reference purposes the website carries here the following tenders:
8Procurement of Steam Trap Management and optimization at RMP units, Mumbai Refinery Details
8Supply and Installation of Electro Hydraulic actuator for Pressure Control Valves, Haldia Refinery Details
8Up-gradation of Nucleonic type level transmitters, Guwahati Refinery Details
8Carrying out civil works at drill site CHDN Details
8Supply and Installation of IR based open path Gas Detectors Details
8Supply of Online Gas Detector, Haldia Refinery Details
8Supply of seal spares of flowserve, Barauni Refinery Details
8Supply of spares of Mass Spectrometer, Panipat Refinery Details
8Procurement of Heat Exchangers, Paradip Refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:  
8ONGC Tripura installs 110 MT rig to ramp up gas output Details
8Rosneft deal to buy India's Essar Oil does not violate sanctions - U.S. Details
8Reliance Industries' Q2 net profit drops 24% Details 
8Petro-chem complex would be set up in AP this fiscal: Pradhan Details
8Kerosene Shortage: Karnataka delegation to meet Union minister Details
8Iraq declares curfew in oil city under IS attack Details
8Shell sells non-core Canadian oil and gas assets for $1 billion Details 
8Petronet seeks cut in Gorgon Natural Gas price: Report Details
8Oil Minister Dharmendra Pradhan asks states to help bring petro products under GST Details
8Rs 20k-cr MP solar power plant to fuel refineries: Dharmendra Pradhan Details
8Oil rises on Russia's output freeze commitment Details 
8PM Modi to visit Varanasi on Oct 24 Details
8Venezuela's president says oil producers close to output cap deal Details
8Reliance forays into LPG retailing Details
8Essar, SRF, Trident unveil big investment plans for MP Details
8Government framing policy for contract extension of oil & gas blocks Details
8Why Essar-Rosneft deal may not be a template for India Inc's balance sheet woes Details
You can also click on Newsclips for more   Details
RIL's 2Q FY17 revenues for the Oil & Gas segment decreased by 35.7% Y-o-Y to Rs 1,327 crore.
8The decline in revenue was led by lower upstream production in domestic blocks coupled with lower oil and gas prices in both the domestic and US shale segments.
8The unfavorable upstream price environment impacted EBIT in the oil and gas segment, and was at  a negative Rs 491 crore, as against positive Rs 3,326 crore for the corresponding period in the previous year.
8But the previous period figure included a Rs 4,574 crore gain on account on sale of EFS Midstream LLC by RIL and other charges.
8In this questionable environment, and given that RIL's attention is now firmly focused on other high growth areas such as telecommunications, it remains a moot point whether the company's brass will be pushing the levers for further investments in the KG Basin anytime soon, unless the price environment improves and the future returns are less uncertain and more secure.
8The management remains uncharacteristically silent on its future options in the Indian oil and gas business.
8It seems that the strategy as of now is to wait and watch
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Indigenous crude oil production during September, 2016 was lower by 4.1% (124 TMT) than that of September, 2015. On overall basis, indigenous crude oil production was less by 3.3% (613 TMT)  during April-September, 2016 in comparison with the corresponding period of last year.
8Total crude oil processed by the refineries during September, 2016 was 19,718 TMT against crude oil processing of 18,049 TMT in September, 2015 and a target of 19,464 TMT for the month of September, 2016. On cumulative basis, crude oil processed during April-September, 2016 by the refineries was 121,504 TMT against crude oil processing of 112,613 TMT during April-September, 2015 and a target of 117,954 TMT for the period April-September, 2016.
8Production of petroleum products during September, 2016 saw a growth of 6.8% (1213 TMT) over the corresponding month of the previous year and on a cumulative basis, growth of 7.2% (8,035 TMT) was recorded during April-September, 2016. Production of petroleum products exceeded the target for September, 2016 by 68 TMT (0.4%) while on cumulative basis production was higher by 3,401 TMT (2.9%) during the April-September 2016 period.
8Export of POL products increased during September, 2016 by 3.8% (201 TMT) as compared to September, 2015. Further, imports increased by 15.3% (358 TMT) over the corresponding period of 2015. LPG, Lubes and Pet-coke imports contributed 74.4 % share of the total POL imports during September, 2016. Crude oil imports increased during September, 2016 by 9.1% (1429 TMT) as compared to September, 2015.
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Petroleum product consumption registered a degrowth of 2.0% during September, 2016 as compared to 16.7% spurt in the same month last year.
8This decline seems to be in consonance with the stagnation in industrial production and low bank credit offtake.
8Gross production of natural gas for the month of September, 2016 was 2,600 MMSCM which was lower by 5.45 % compared with the corresponding month of the previous year. The cumulative gross production of natural gas 15,724 MMSCM for the current year till September, 2016 was lower by 4.40 % compared with the corresponding period of the previous year.
8LNG import for the month of September, 2016 was 2,375 MMSCM which was 32.53 % higher than the corresponding month of the previous year. The cumulative import of 12,722 MMSCM for the current year till September, 2016 was higher by 26.96 % compared with the corresponding period of the previous year.
8The prices of Brent crude averaged $46.67/bbl during September, 2016 as against $45.77/bbl during August, 2016. The Indian basket crude averaged $44.48/bbl during September, 2016 as against  $44.38/bbl during the previous month.
8The import bill of crude oil is estimated to increase by 4.0% from $ 64 billion in 2015-16 to $66 billion in 2016?17 considering Indian basket crude oil price of $ 45/bbl and $/Rs=67 for the balance part of the financial year.
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In an important amendment that may have far reaching consequences for the line pipe industry, regulators have allowed the inclusion of PE pipes for building cross country pipelines.
8PE pipes can now be laid for all classes of locations.
8However some precautions have been specified, such as the need for steel casings.
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