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Nov 2016
Business development opportunities are expected to come up for a 100 plus well additional CBM development programme
8Since the owner has his own drilling and workover rigs, the demand for equipment and services will be confined to infield pipeline networks
8Gas gathering stations will also be another requirement
Click on Reports for more Details
8Since the owner has his own drilling and workover rigs, the demand for equipment and services will be confined to infield pipeline networks
8Gas gathering stations will also be another requirement
Click on Reports for more Details
Find our more on how new technology is already bring about change in the oil and gas industry.
8Drones are being increasingly used for detailed inspection of oil fields, cutting both cost and time for companies
8In billion dollar construction projects, companies used to order 3-5 per cent excess material, which was later sold at a steep discount. By managing the vast amounts of data available, a company is able to predict exactly what is needed and when it will be delivered, thus reducing wastage
8In order to boost production of crude oil from deep water wells, and oil and gas company has developed a new type of pipe, called a steel lazy wave riser, to carry oil and gas from its deep water field for processing. The pipe bends to absorb the motion of the sea and the floating platform, which the company says boosts production at extreme depths
8Robotic devices are increasingly in use to clean and check the inside of pipelines more quickly and this has raised throughput significantly.
Click on Reports for more Details
8Drones are being increasingly used for detailed inspection of oil fields, cutting both cost and time for companies
8In billion dollar construction projects, companies used to order 3-5 per cent excess material, which was later sold at a steep discount. By managing the vast amounts of data available, a company is able to predict exactly what is needed and when it will be delivered, thus reducing wastage
8In order to boost production of crude oil from deep water wells, and oil and gas company has developed a new type of pipe, called a steel lazy wave riser, to carry oil and gas from its deep water field for processing. The pipe bends to absorb the motion of the sea and the floating platform, which the company says boosts production at extreme depths
8Robotic devices are increasingly in use to clean and check the inside of pipelines more quickly and this has raised throughput significantly.
Click on Reports for more Details
Squeezed by low prices and increasing use of renewal energy, the oil and gas sector is under increasing pressure to cut costs and improve efficiency.
Some of the new technologies that the industry will have to grapple with are:
8Industrial Internet of Things:
8Digital and analytics
8Cloud enabled production processes
8Robotic process automation
8Machine to Machine interventions
Find out more on how these transformative technologies will create a new paradigm in the oil and gas sector
Click on Reports for more Details
Some of the new technologies that the industry will have to grapple with are:
8Industrial Internet of Things:
8Digital and analytics
8Cloud enabled production processes
8Robotic process automation
8Machine to Machine interventions
Find out more on how these transformative technologies will create a new paradigm in the oil and gas sector
Click on Reports for more Details
A public sector company is going ahead with its expansion plan, and RFQs are to be released in August, 2017
The project involves:
8Naphtha cracker expansion
8MEG revamp
8Benzene expansion
Additionally, a catalyst plant is also sought to be set up
Click on Details for more Details
The project involves:
8Naphtha cracker expansion
8MEG revamp
8Benzene expansion
Additionally, a catalyst plant is also sought to be set up
Click on Details for more Details
Among the equipment that will be required in the refinery expansion units are:
-- Reactors,
-- Oxygen filters,
-- Ethylene recovery unit,
-- Condensers
-- Vessels
-- Distillation Vessel,
-- Compressors
-- Loop reactor pumps,
-- Dryers.
Click on Details for more Details
-- Reactors,
-- Oxygen filters,
-- Ethylene recovery unit,
-- Condensers
-- Vessels
-- Distillation Vessel,
-- Compressors
-- Loop reactor pumps,
-- Dryers.
Click on Details for more Details
A Rs 177 crore onland investment programme for four addtional gas wells are coming up
8There will be a need for 35 km of interconnecting undergound seamless pipeline with cathodic protection.
8The RFQs are expected to be floated in January, 2017
Notice of Award will be released by April, 2017
Click on Details for more Details
8There will be a need for 35 km of interconnecting undergound seamless pipeline with cathodic protection.
8The RFQs are expected to be floated in January, 2017
Notice of Award will be released by April, 2017
Click on Details for more Details
Attached to the four additional gas wells will the requirement for a gas collection station
RFQs are to be floated in January, 2016 for:
8Manifold and Vessels
8Heat exchangers and Pumps (ETP, OWS, Fire pump etc.)
8Tanks will float by Jan-2017.
8Electrical and Instrumentation will float by Feb-2017.
8Mechanical and Civil equipments will float by Jan-2017.
Other miscellaneous items which be needed are:
8Gas metering station with Filters
8Fuel Gas System
8Instrument Air Package
8Process Control and Monitoring System
8Closed Blow down and OWS System
8Fire fighting System
8Bay Loading System
8Raw Water Softening System
8Water Seal
Click on Details for more Details
RFQs are to be floated in January, 2016 for:
8Manifold and Vessels
8Heat exchangers and Pumps (ETP, OWS, Fire pump etc.)
8Tanks will float by Jan-2017.
8Electrical and Instrumentation will float by Feb-2017.
8Mechanical and Civil equipments will float by Jan-2017.
Other miscellaneous items which be needed are:
8Gas metering station with Filters
8Fuel Gas System
8Instrument Air Package
8Process Control and Monitoring System
8Closed Blow down and OWS System
8Fire fighting System
8Bay Loading System
8Raw Water Softening System
8Water Seal
Click on Details for more Details
As for the four gas wells, the following RFQs are expected:
8The RFQs for High Pressure Inlet Gas Manifold connecting wells to the Gas gathering station will float by Jan,2017.
8The RFQs for Piping and manifolds will also be floated by Jan 2017.
8Subsequently the RFQs for Rigs, Drills, Casing pipes, Drill Pipes will float down the line.
Click on Details for more Details
8The RFQs for High Pressure Inlet Gas Manifold connecting wells to the Gas gathering station will float by Jan,2017.
8The RFQs for Piping and manifolds will also be floated by Jan 2017.
8Subsequently the RFQs for Rigs, Drills, Casing pipes, Drill Pipes will float down the line.
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Project Managment consultancy services for CGD projects Details
8Civil & Structural works for DHT project & HGU/CDU-3 Shutdown at BPCL, Mumbai refinery Details
8Primary support for DHDS and DHDT unit Supply of 9-5/8" casing and accessories for the block CB-ONN-2010/8 Cambay Basin, Gujarat Details
8Suppply of crossover swage for the block CB-ONN-2010/8 Cambay Basin, Gujarat Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Obama administration blocks new oil and gas drilling in Arctic Ocean Details
8Petronet LNG bets on LNG-fuelled vehicles to drive up demand Details
8JNPT creates record by loading 80.640 million tonne of ONGC crude oil Details
8Iran optimistic on consensus to cut output ahead of OPEC meeting: Minister Details
8Crude oil price may rise to $55 per barrel if all producers cooperate - Iran [ ET ] Details
8Global energy giants Exxon Mobil, Chevron and BP likely to skip oilfield auction Details
8India gets six more weeks to respond to Cairn Energy arbitration Details
You can also click on Newsclips for more Details
8Project Managment consultancy services for CGD projects Details
8Civil & Structural works for DHT project & HGU/CDU-3 Shutdown at BPCL, Mumbai refinery Details
8Primary support for DHDS and DHDT unit Supply of 9-5/8" casing and accessories for the block CB-ONN-2010/8 Cambay Basin, Gujarat Details
8Suppply of crossover swage for the block CB-ONN-2010/8 Cambay Basin, Gujarat Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Obama administration blocks new oil and gas drilling in Arctic Ocean Details
8Petronet LNG bets on LNG-fuelled vehicles to drive up demand Details
8JNPT creates record by loading 80.640 million tonne of ONGC crude oil Details
8Iran optimistic on consensus to cut output ahead of OPEC meeting: Minister Details
8Crude oil price may rise to $55 per barrel if all producers cooperate - Iran [ ET ] Details
8Global energy giants Exxon Mobil, Chevron and BP likely to skip oilfield auction Details
8India gets six more weeks to respond to Cairn Energy arbitration Details
You can also click on Newsclips for more Details
There is likely to be a big scale-up in demand for Mobile Effluent Treatment Plants for exploratory treatment following changes of environment regulations.
8E&P companies are drawing up plans to this effect
8Similarly DG sets too will come with better environment control devices
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8E&P companies are drawing up plans to this effect
8Similarly DG sets too will come with better environment control devices
Click on Details for more Details
The engineering phase of a Rs 3500 crore BS-VI project of a public sector refinery is expected to be over by February, 2017.
8The contractor selection phase will begin soon thereafter.
8Contractor requirement is expected for the project from September, 2017
Click on Details to know more Details
8The contractor selection phase will begin soon thereafter.
8Contractor requirement is expected for the project from September, 2017
Click on Details to know more Details
Another year of low upstream oil investment in 2017 would risk a shortfall in oil production in a few years’ time.
8The conventional crude oil resources (e.g. excluding tight oil and oil sands) approved for development in 2015 sank to the lowest level since the 1950s, with no sign of a rebound in 2016.
8If there is no pick-up in 2017, then it becomes increasingly unlikely that demand (as projected in our main scenario) and supply can be matched in the early 2020s without the start of a new boom/bust cycle for the industry.
Click on Reports for more Details
8The conventional crude oil resources (e.g. excluding tight oil and oil sands) approved for development in 2015 sank to the lowest level since the 1950s, with no sign of a rebound in 2016.
8If there is no pick-up in 2017, then it becomes increasingly unlikely that demand (as projected in our main scenario) and supply can be matched in the early 2020s without the start of a new boom/bust cycle for the industry.
Click on Reports for more Details
Indraprastha Gas Ltd's gas purchase is likely to scale Rs 2000 crore in 2016-17 and go up to Rs 2500 crore, according to latest projections.
8However, the gas contracts are cornered by its promoters, BG India and GAIL.
8All spot and long term contracts are with the two entities and with Petronet LNG in which GAIL is a promoter.
8All additional requirements of gas will be sourced only from its promoters.
8The website carries here the details of the existing contracts.
Click on Reports for more Details
8However, the gas contracts are cornered by its promoters, BG India and GAIL.
8All spot and long term contracts are with the two entities and with Petronet LNG in which GAIL is a promoter.
8All additional requirements of gas will be sourced only from its promoters.
8The website carries here the details of the existing contracts.
Click on Reports for more Details
RIL is partnering with GE to look at the Industrial Internet of Things (IIOT) market, worth $ 25 billion.
8The two together will look to provide IOT solutions in oil & gas, fertilizers, power, healthcare, telecom and other industries.
8RIL's trying to turning to software and service oriented products subsequent to its entry into the telecommunication services.
8GE and RIL claim that the benefits to customers include driving operational efficiencies, profitability and new revenue
streams by making use of data and analytics.
8RIL will use the large talent base available in India to create IIOT solutions
Click on Reports for more Details
8The two together will look to provide IOT solutions in oil & gas, fertilizers, power, healthcare, telecom and other industries.
8RIL's trying to turning to software and service oriented products subsequent to its entry into the telecommunication services.
8GE and RIL claim that the benefits to customers include driving operational efficiencies, profitability and new revenue
streams by making use of data and analytics.
8RIL will use the large talent base available in India to create IIOT solutions
Click on Reports for more Details
Projections show that nearly 60% of all new power generation capacity to 2040 comes from renewables and, by 2040, the majority of renewables-based generation is competitive without any subsidies.
8In a scenario compatible with 2 °C, significantly faster growth means that, in the four largest power markets (China, the United States, the European Union and India), variable renewables become the largest source of generation.
Click on Reports for more Details
8In a scenario compatible with 2 °C, significantly faster growth means that, in the four largest power markets (China, the United States, the European Union and India), variable renewables become the largest source of generation.
Click on Reports for more Details
Environment clearance for a refinery expansion and transition to BS-VI project is expected by August, 2017.
8The clearance is expected as it is an in-refinery project that involves no land acquisition
8Ground level activity is expected soon after statutory clearances are obtained.
Click on Details for more Details
8The clearance is expected as it is an in-refinery project that involves no land acquisition
8Ground level activity is expected soon after statutory clearances are obtained.
Click on Details for more Details
The following are the updates for drilling of an onland development well
8Environmental clearance is expected by March, 2017 and RFQs are to be floated from January, 2017
8RFQ for DG sets with Acoustic enclosure will be float by Jan-2017.
8The RFQ for Rigs will float by January, 2017
8RFQ for Drilling pipe and Blowout Preventer (BOP) will float by mid of Jan-2017.
8The RFQ for various types of pumps like Mud pump, Submersible pump and Water pump will float by Feb-2017.
8The RFQ for Drills will float by the end of Jan-2017
Click on Details for more Details
8Environmental clearance is expected by March, 2017 and RFQs are to be floated from January, 2017
8RFQ for DG sets with Acoustic enclosure will be float by Jan-2017.
8The RFQ for Rigs will float by January, 2017
8RFQ for Drilling pipe and Blowout Preventer (BOP) will float by mid of Jan-2017.
8The RFQ for various types of pumps like Mud pump, Submersible pump and Water pump will float by Feb-2017.
8The RFQ for Drills will float by the end of Jan-2017
Click on Details for more Details
Find out the RFQ status for an offshore development drilling progamme
The following are the project details:
8Installation of 1 new RI platform
8Drilling of 20 development wells: 6 from new RI Platform and 14 from existing platforms (i.e. 3 nos. from RC Platform, 4 nos. from RE Platform, 4 nos. from RF Platform and 3 nos. from RG Platform)
8Drilling of 6 exploratory/appraisal Wells
83 new interconnecting pipelines of 14km length connecting new platforms with old platforms.
8Around Rs 160 crore has been earmarked in the project for pollution control equipment
Click on Details for more Details
The following are the project details:
8Installation of 1 new RI platform
8Drilling of 20 development wells: 6 from new RI Platform and 14 from existing platforms (i.e. 3 nos. from RC Platform, 4 nos. from RE Platform, 4 nos. from RF Platform and 3 nos. from RG Platform)
8Drilling of 6 exploratory/appraisal Wells
83 new interconnecting pipelines of 14km length connecting new platforms with old platforms.
8Around Rs 160 crore has been earmarked in the project for pollution control equipment
Click on Details for more Details
A business development opportunity has arisen from a Rs 130 crore greenefield petroleum product tankage facility coming up soon.
8The total capacity to be set up is 48,340 KL
8There will be an underground capacity of 340 KL
Types of tankages required will be:
8CR/IFR
8VCR
8Horizontal Cylindrical
Click on Reports for more Details
8The total capacity to be set up is 48,340 KL
8There will be an underground capacity of 340 KL
Types of tankages required will be:
8CR/IFR
8VCR
8Horizontal Cylindrical
Click on Reports for more Details
There is another Rs 270 crore petroleum storage facility coming up as well
The tankages needed are for:
8MS
8HSD
8SKO
8Ethanol
8Transmix
Click on Reports for full details Details
The tankages needed are for:
8MS
8HSD
8SKO
8Ethanol
8Transmix
Click on Reports for full details Details
For reference purposes the website carries here the following tenders:
8EPCM services for DHDT Project of NRL Refinery Details
8Primary support for DHDS and DHDT unit Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8OPEC ready to reach 'forceful' deal on cutting oil output - Maduro Details
8LPG price touches Rs 3,000 per cylinder in Manipur on economic blockade Details
8Reliance Industries slaps arbitration notice on government over $1.55 bn demand: Dharmendra Pradhan Details
8Oil prices fall on U.S. crude stock build, OPEC remains in focus Details
8Gas demand to grow in 2017 but at a slower pace than in recent years: Qatar energy minister Details
8GE signs pact with Reliance Industries for industrial digital transformation applications Details
8Demonetisation : Now, get Rs 2000 cash from petrol pumps Details
You can also click on Newsclips for more Details
8EPCM services for DHDT Project of NRL Refinery Details
8Primary support for DHDS and DHDT unit Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8OPEC ready to reach 'forceful' deal on cutting oil output - Maduro Details
8LPG price touches Rs 3,000 per cylinder in Manipur on economic blockade Details
8Reliance Industries slaps arbitration notice on government over $1.55 bn demand: Dharmendra Pradhan Details
8Oil prices fall on U.S. crude stock build, OPEC remains in focus Details
8Gas demand to grow in 2017 but at a slower pace than in recent years: Qatar energy minister Details
8GE signs pact with Reliance Industries for industrial digital transformation applications Details
8Demonetisation : Now, get Rs 2000 cash from petrol pumps Details
You can also click on Newsclips for more Details
After a year of testing, our project monitoring software has begun throwing up results.
8After filling up the static databases that include technical information and key contacts in oil & gas companies and their industrial enterprises and units, we have begun updating the dynamic project related segments as of this week.
8The information provided is of what is up ahead in terms of capital and maintenance expenditure in every industrial unit in an oil & gas enterprise.
8Our focus is on the nature of the expenditure and our principal objective is to find out when is a future RFQ date coming up along with key contacts associated with the RFQ, be it from the owner or the EPC or EPCM contractor or sub contractor.
8For you, a deal will just be a phone call away.
8This information is dynamic and changes several times as a project progresses. RFQ dates keep coming up for different groups of equipment and services, until the project is commissioned. After commissioning too, we continue to track planned and unplanned maintenance expenditure, alerting you of business development expenditure in this segment as well.
8Scores of parameters are monitored around a project as it progresses. Our intention is to give you very specific business opportunity intelligence in the oil and gas sector, involving your equipment and services.
8We have begun updating our news sections here in the website with inputs that are now coming straight from the software.
8We proudly believe we have created the best project monitoring software in the country, focused entirely on the specific needs of the oil sector business development manager.
Click on our Products & Services section for more. Details
8After filling up the static databases that include technical information and key contacts in oil & gas companies and their industrial enterprises and units, we have begun updating the dynamic project related segments as of this week.
8The information provided is of what is up ahead in terms of capital and maintenance expenditure in every industrial unit in an oil & gas enterprise.
8Our focus is on the nature of the expenditure and our principal objective is to find out when is a future RFQ date coming up along with key contacts associated with the RFQ, be it from the owner or the EPC or EPCM contractor or sub contractor.
8For you, a deal will just be a phone call away.
8This information is dynamic and changes several times as a project progresses. RFQ dates keep coming up for different groups of equipment and services, until the project is commissioned. After commissioning too, we continue to track planned and unplanned maintenance expenditure, alerting you of business development expenditure in this segment as well.
8Scores of parameters are monitored around a project as it progresses. Our intention is to give you very specific business opportunity intelligence in the oil and gas sector, involving your equipment and services.
8We have begun updating our news sections here in the website with inputs that are now coming straight from the software.
8We proudly believe we have created the best project monitoring software in the country, focused entirely on the specific needs of the oil sector business development manager.
Click on our Products & Services section for more. Details
The website carries here details on the following:
8Direct subsidy transfer scheme in kerosene and attempts made by the government to curb blackmarketing Details
8Status on the Jagdishpur-Haldia pipeline and of other gas pipelines Details
8Petroleum ministry's views on loss of sales tax alleged by Rajasthan on sale of crude from Cairn India's Barmer block Details
8State-wise allocation of LPG cylinders under the “Pradhan Mantri Ujjwala Yojana” (PMUY). Details
Click on Reports for more Details
8Direct subsidy transfer scheme in kerosene and attempts made by the government to curb blackmarketing Details
8Status on the Jagdishpur-Haldia pipeline and of other gas pipelines Details
8Petroleum ministry's views on loss of sales tax alleged by Rajasthan on sale of crude from Cairn India's Barmer block Details
8State-wise allocation of LPG cylinders under the “Pradhan Mantri Ujjwala Yojana” (PMUY). Details
Click on Reports for more Details
BPCL's operational performance was below what the market had expected
8The performance was well below par
8The reason attributed for this was the stablization process undertaken in the Kochi expansion
8This brought down the overall GRM below market expectations
8But situation is set for improvement
Click on Reports for more Details
8The performance was well below par
8The reason attributed for this was the stablization process undertaken in the Kochi expansion
8This brought down the overall GRM below market expectations
8But situation is set for improvement
Click on Reports for more Details
The website carries here details of the initiatives taken by Engineers India Ltd under the government's Start-Up India programme
8Start-ups will have to confirm that they will meet with the technical requirements of the product.
8However, it will not be necessary to meet the required prior turnover/ networth criteria.
Click on Reports to find out whether you stand to qualify Details
8Start-ups will have to confirm that they will meet with the technical requirements of the product.
8However, it will not be necessary to meet the required prior turnover/ networth criteria.
Click on Reports to find out whether you stand to qualify Details
The total bill slapped by the government on the RIL-BP-Niko combine subsequent to the Shah Committee Report includes an additional profit petroleum element as well.
The the following is the total:
8RIL to remit an amount of $ 1,552,071,067 (computed provisionally) being net amount of restitution receivable along with interest upto 31.3.2016
8$ 174,905,120 has been billed towards the revised additional cumulative Profit Petroleum receivable upto 31.3.2016
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The the following is the total:
8RIL to remit an amount of $ 1,552,071,067 (computed provisionally) being net amount of restitution receivable along with interest upto 31.3.2016
8$ 174,905,120 has been billed towards the revised additional cumulative Profit Petroleum receivable upto 31.3.2016
Click on Reports for more Details
The domestic gas priced fixed as per the Modified Rangarajan formula is at a new low now.
8The gas prices presently are USD 2.50 /mmbtu on Gross Calorific Value (GCV) basis up to March, 2017.
8Even at these prices, ONGC and OIL are not making losses
8Find out the latest production costs of these two companies
Click on Reports for more Details
8The gas prices presently are USD 2.50 /mmbtu on Gross Calorific Value (GCV) basis up to March, 2017.
8Even at these prices, ONGC and OIL are not making losses
8Find out the latest production costs of these two companies
Click on Reports for more Details
When the Nigerian Energy Minister Dr Emmanuel Ibe Katchikwu came calling on New Delhi in October, 2016, he sought an investment of a massive $ 15 billion for Indian companies in the Nigerian refining sector, oil and gas marketing sector, upstream sector, development of gas infrastructure and training of oil and gas personnel.
8Nigeria is currently the largest trading partner of India in Africa, and India is the largest trading partner of Nigeria globally.
8Bilateral trade is dominated by trade in crude oil. In 2015-16, India imported over 23.7 MMTA of crude from Nigeria, equal to nearly 11.7% of India’s total requirement. India also imported 2 MMTPA LNG from Nigeria in 2015.
8But Nigeria is not an easy place to do business in.
8Nevertheless, it may be worth the while of business development managers to look out for opportunities in Nigeria.
Click on Reports for more Details
8Nigeria is currently the largest trading partner of India in Africa, and India is the largest trading partner of Nigeria globally.
8Bilateral trade is dominated by trade in crude oil. In 2015-16, India imported over 23.7 MMTA of crude from Nigeria, equal to nearly 11.7% of India’s total requirement. India also imported 2 MMTPA LNG from Nigeria in 2015.
8But Nigeria is not an easy place to do business in.
8Nevertheless, it may be worth the while of business development managers to look out for opportunities in Nigeria.
Click on Reports for more Details
Business development opportunities are now available as oil marketing companies are taking measures to prevent ingress of moisture in ethanol blended petrol
8This follows complaints from retail outlet owners that the ethanol blended in petrol turns into water as soon as it comes into contact with air due to faulty procedures adopted in blending ethanol in petrol which causes two-wheelers to stop midway
The OMCs are now installing the following:
8Closed loop Terminal Automation System (TAS) blending process
8Dispensing blended fuel through closed system of dispensing pump.
Click on Reports for more Details
8This follows complaints from retail outlet owners that the ethanol blended in petrol turns into water as soon as it comes into contact with air due to faulty procedures adopted in blending ethanol in petrol which causes two-wheelers to stop midway
The OMCs are now installing the following:
8Closed loop Terminal Automation System (TAS) blending process
8Dispensing blended fuel through closed system of dispensing pump.
Click on Reports for more Details
The government has refused to comment on whether it plans to take action on the CAG's observation that it had overstated its crude oil production for several years by including condensate in the output mix
8According to the CAG report, if the actual crude oil production was reported, the company would not have met its production targets in the 2010-11 to 2014-15 period.
8As performance related pay (PRP) of its employees is related to achievement of production targets, actual production reporting would have resulted in lesser pay-outs of Rs. 106.51 crore of PRP to the employees.
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8According to the CAG report, if the actual crude oil production was reported, the company would not have met its production targets in the 2010-11 to 2014-15 period.
8As performance related pay (PRP) of its employees is related to achievement of production targets, actual production reporting would have resulted in lesser pay-outs of Rs. 106.51 crore of PRP to the employees.
Click on Reports for more Details
The paper work on land acquisition for a Rs 15,000 crore value added expansion of an exiting refinery is currently on.
8It is being debated whether the acquisition process should be handed over to a private or a public sector contractor.
8The first set of RFQs are expected to come out in April, 2017
Click on Details for more Details
8It is being debated whether the acquisition process should be handed over to a private or a public sector contractor.
8The first set of RFQs are expected to come out in April, 2017
Click on Details for more Details
A new 1800 MT ( 2X900) LPG bottling plant is coming up
8The project cost is Rs 28 crore
8RFQs for bullets and containers are expected to be released in February, 2017.
Click on Details for more Details
8The project cost is Rs 28 crore
8RFQs for bullets and containers are expected to be released in February, 2017.
Click on Details for more Details
Environment clearance is expected in June, 2017 for a 30 well onland development programme.
8Within this project, the cost of Gas Compressor Station (GCS) and in-well pipeline laying is Rs. 200 crore.
8RFQs are expected in April, 2017
Click on Details for more Details
8Within this project, the cost of Gas Compressor Station (GCS) and in-well pipeline laying is Rs. 200 crore.
8RFQs are expected in April, 2017
Click on Details for more Details
For the overall 30 well onland development programme, the following additional RFQs dates are likely:
8RFQs for Rigs is expected by April, 2017.
8RFQs for Generators is expected by June, 2017.
8RFQs for Casing pipes is expected by June, 2017.
8RFQs for Drill pipes is expected by April, 2017.
8RFQs for other drilling related equipments and Infrastructure is expected subsequently.
Click on Details for more Details
8RFQs for Rigs is expected by April, 2017.
8RFQs for Generators is expected by June, 2017.
8RFQs for Casing pipes is expected by June, 2017.
8RFQs for Drill pipes is expected by April, 2017.
8RFQs for other drilling related equipments and Infrastructure is expected subsequently.
Click on Details for more Details
Drilling and testing of 4 wells of around 2000 to 2500 meters have been done by now out of an eight well onland drilling programme in the Cambay Basin.
8Environment clearance was granted to the project in October,2015.
8Drilling of the 5th well is going to start by next week, around November 23, 2016.
8The entire drilling programme is expected to be completed by June, 2017.
8Cost of the project is around Rs 165 crore
8The look out will then be for well testing and development drilling opportunities
Click on Details for more Details
8Environment clearance was granted to the project in October,2015.
8Drilling of the 5th well is going to start by next week, around November 23, 2016.
8The entire drilling programme is expected to be completed by June, 2017.
8Cost of the project is around Rs 165 crore
8The look out will then be for well testing and development drilling opportunities
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Providing Consultancy services for the study and implementation of GST, IOCL Details
8Massflowmeter Supply - Mazgaon Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Samsung Heavy Industries May Lose US$1.6B LNG Tanker Project Details
8Sri Lanka awards oil products supply contracts to Reliance, Petrochina Details
8ONGC Videsh eyes oil & gas blocks in Colombia Details
8Not a pipe dream: Govt to set up national gas hub Details
8Proposal to construct 2 Indian Oil Corporation terminals in Karnataka opposed Details
8Oil wars: How Kremlin's $13 billion Indian deal almost fell apart Details
8The world could face an oil supply shortage by the end of the decade: IEA Details
8Rajiv Kumar Gupta appointed anti-corruption officer in Oil India Ltd Details
You can also click on Newsclips for more Details
8Providing Consultancy services for the study and implementation of GST, IOCL Details
8Massflowmeter Supply - Mazgaon Details
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For reference purposes the website carries here the following Newsclips:
8Samsung Heavy Industries May Lose US$1.6B LNG Tanker Project Details
8Sri Lanka awards oil products supply contracts to Reliance, Petrochina Details
8ONGC Videsh eyes oil & gas blocks in Colombia Details
8Not a pipe dream: Govt to set up national gas hub Details
8Proposal to construct 2 Indian Oil Corporation terminals in Karnataka opposed Details
8Oil wars: How Kremlin's $13 billion Indian deal almost fell apart Details
8The world could face an oil supply shortage by the end of the decade: IEA Details
8Rajiv Kumar Gupta appointed anti-corruption officer in Oil India Ltd Details
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For reference purposes the website carries here the following tenders:
8Heat Exchanger Overhauling Job, MRPL Details
8Dismantling & Disposal of CDU-I & FPU at Mumbai Refinery Details
8Engagement of Agency for root cause analysis Details
8Providing Consultancy services for ' EIA-EMP & RA Studies', CPCL Details
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For reference purposes the website carries here the following Newsclips:
8COP22: Civil society groups call for halt to fossil fuel extraction globally Details
8New pipeline to open up India’s eastern market Details
8Lower expenses boost ONGC, Oil India, trend may continue Details
8Investor interest for discovered small fields auction gains traction before closing dat Details
8GAIL (India) second quarter net profit more than doubles to Rs 924 crore Details
8HPCL plans 25% stake in $30 bn refinery on west coast Details
8Reliance Industries Ltd. serves arbitration notice to government on ONGC gas dispute Details
8Fuel sales up 30-40% since demonetisation Details
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8Heat Exchanger Overhauling Job, MRPL Details
8Dismantling & Disposal of CDU-I & FPU at Mumbai Refinery Details
8Engagement of Agency for root cause analysis Details
8Providing Consultancy services for ' EIA-EMP & RA Studies', CPCL Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8COP22: Civil society groups call for halt to fossil fuel extraction globally Details
8New pipeline to open up India’s eastern market Details
8Lower expenses boost ONGC, Oil India, trend may continue Details
8Investor interest for discovered small fields auction gains traction before closing dat Details
8GAIL (India) second quarter net profit more than doubles to Rs 924 crore Details
8HPCL plans 25% stake in $30 bn refinery on west coast Details
8Reliance Industries Ltd. serves arbitration notice to government on ONGC gas dispute Details
8Fuel sales up 30-40% since demonetisation Details
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Oil fell to its lowest in three months, as the prospect of another year of oversupply and weak prices overshadowed chances that OPEC will reach a deal to cut output. Donald Trump's surprise victory in last week's U.S. presidential election has boosted stocks and the dollar, but undermined much of the commodities complex, including oil, which has sagged as expectations that the world's largest exporters will agree to reduce output this month have waned.
8OPEC plans to cut or freeze output, but analysts doubt the group's ability to reach an agreement at its meeting on November. 30.
8The Organization of the Petroleum Exporting Countries said on Friday its output hit a record 33.64 million barrels per day in October, and forecast an even larger global surplus in 2017 than the International Energy Agency on Thursday.
8Concerns over a global supply glut intensified after OPEC said that its oil production rose by 240,000 barrels per day (bpd) to an all-time high of 33.64 million in October, with Nigeria, Libya and Iraq blamed for the increase.
8Yet, Saudi Energy Minister Khalid al-Falih has said it was imperative for OPEC to reach a consensus on activating a deal made in September in Algiers to cut production.
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8OPEC plans to cut or freeze output, but analysts doubt the group's ability to reach an agreement at its meeting on November. 30.
8The Organization of the Petroleum Exporting Countries said on Friday its output hit a record 33.64 million barrels per day in October, and forecast an even larger global surplus in 2017 than the International Energy Agency on Thursday.
8Concerns over a global supply glut intensified after OPEC said that its oil production rose by 240,000 barrels per day (bpd) to an all-time high of 33.64 million in October, with Nigeria, Libya and Iraq blamed for the increase.
8Yet, Saudi Energy Minister Khalid al-Falih has said it was imperative for OPEC to reach a consensus on activating a deal made in September in Algiers to cut production.
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Both HPCL-Mittal Energy Ltd and HPCL-Mittal Pipelines Ltd are riding high on the current boom in refinery margins.
8The pipeline company is the monopoly supplier of crude and its offtake agreement allows for adequate debt servicing even if there is no crude offtake by the refinery.
8Then again, high GRMs are likely to ensure healthy cash accruals to the refinery.
8Higher margins are also on account of stabilised refining operations with improvement in operational indicators for the last two years along with material improvement in profitability, capital structure, and debt protection metrics of the company.
8The refinery is currently expanding its capacity from 9 MMTPA to 11.3 MMTPA.
8This is one investment that the LM Mittal group seems to be done wisely.
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8The pipeline company is the monopoly supplier of crude and its offtake agreement allows for adequate debt servicing even if there is no crude offtake by the refinery.
8Then again, high GRMs are likely to ensure healthy cash accruals to the refinery.
8Higher margins are also on account of stabilised refining operations with improvement in operational indicators for the last two years along with material improvement in profitability, capital structure, and debt protection metrics of the company.
8The refinery is currently expanding its capacity from 9 MMTPA to 11.3 MMTPA.
8This is one investment that the LM Mittal group seems to be done wisely.
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In a tough market, ASAP Fluids Ltd, a local drilling fluids and on-site engineering services company for the oil and gas industry, seems to be keeping its chin up.
8This company was spun off from the parent company, GDFPL, a proprietorship concern promoted by Anand Gupta.
8GDFPL primarily manufactures drilling fluid (also referred to as drilling mud) additives used to facilitate the process of drilling oil and/or natural gas from hydrocarbon reserves, both onshore and offshore.
8In February 2010, GDFPL had spun off its services division to form a subsidiary, AFPL, which supplies drilling fluids and onsite engineering services to customers involved in the exploration & production (E&P) for oil and natural gas.
8In FY2015, the company had commissioned a subsidiary in Dubai, viz. Gumpro Drilling Fluids, FZE, for manufacturing powder-based additives.
8The going is touch and margins are under squeeze and the bet is that the company will survive the current downturn
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8This company was spun off from the parent company, GDFPL, a proprietorship concern promoted by Anand Gupta.
8GDFPL primarily manufactures drilling fluid (also referred to as drilling mud) additives used to facilitate the process of drilling oil and/or natural gas from hydrocarbon reserves, both onshore and offshore.
8In February 2010, GDFPL had spun off its services division to form a subsidiary, AFPL, which supplies drilling fluids and onsite engineering services to customers involved in the exploration & production (E&P) for oil and natural gas.
8In FY2015, the company had commissioned a subsidiary in Dubai, viz. Gumpro Drilling Fluids, FZE, for manufacturing powder-based additives.
8The going is touch and margins are under squeeze and the bet is that the company will survive the current downturn
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The website carries here an information packet on the Indian oil and gas industry with the following details:
8Details of M&A activities
8Opportunities across the entire oil and gas value chain
8FDI in oil & gas
8A regulatory overview
8Growth drivers in the industry
8Porter Five Forces Analysis
8Success stories
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8Details of M&A activities
8Opportunities across the entire oil and gas value chain
8FDI in oil & gas
8A regulatory overview
8Growth drivers in the industry
8Porter Five Forces Analysis
8Success stories
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The figures go to show a big vested interest on GAIL's part in retaining its monopoly over the transmission network.
8There is a clear conflict of interest here, as GAIL's network is the backbone of India's gas transmission infrastructure and yet the same company uses up to 80% of this capacity.
8There are many examples of how GAIL pressurizes its customers into one sided gas sales agreements.
8A recent complaint filed with the PNGRB speaks of shocking highhandedness by the public sector gas major with its customers.
8Then again, other gas suppliers speak of how GAIL creates all kinds of entry barriers, including direct and indirect sops, to retain existing customers when a competitor reaches out to them. The informal waiving of Take or Pay conditions for customers when another supplier comes knocking is a way to keep a customer away from a competitor who cannot afford to waive that clause.
8"Most of GAIL's marketing policies are monopolistic in nature and violate competitive principles but such is the terror unleashed by this monopoly supplier of gas on consumers that most choose to stay quiet than to speak out," a big gas buyer told this website.
8The views of the Modi government on breaking up GAIL into its transmission and marketing arms are not known.
8GAIL recently got an infusion of government funds to build the trunk Jagdishput-Haldia pipeline. This is an argument often used by GAIL to silence its critics: that it builds pipeline infrastructure in places where others will not go.
8But this argument is specious, at best, for GAIL is a corporate entity driven by profit as much as its competitors are. It will never lay a pipeline that does not provide for a positive NPV.
8The sooner GAIL's monopoly is broken up, the better it is going to be for India.
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8There is a clear conflict of interest here, as GAIL's network is the backbone of India's gas transmission infrastructure and yet the same company uses up to 80% of this capacity.
8There are many examples of how GAIL pressurizes its customers into one sided gas sales agreements.
8A recent complaint filed with the PNGRB speaks of shocking highhandedness by the public sector gas major with its customers.
8Then again, other gas suppliers speak of how GAIL creates all kinds of entry barriers, including direct and indirect sops, to retain existing customers when a competitor reaches out to them. The informal waiving of Take or Pay conditions for customers when another supplier comes knocking is a way to keep a customer away from a competitor who cannot afford to waive that clause.
8"Most of GAIL's marketing policies are monopolistic in nature and violate competitive principles but such is the terror unleashed by this monopoly supplier of gas on consumers that most choose to stay quiet than to speak out," a big gas buyer told this website.
8The views of the Modi government on breaking up GAIL into its transmission and marketing arms are not known.
8GAIL recently got an infusion of government funds to build the trunk Jagdishput-Haldia pipeline. This is an argument often used by GAIL to silence its critics: that it builds pipeline infrastructure in places where others will not go.
8But this argument is specious, at best, for GAIL is a corporate entity driven by profit as much as its competitors are. It will never lay a pipeline that does not provide for a positive NPV.
8The sooner GAIL's monopoly is broken up, the better it is going to be for India.
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GAIL's stranglehold over India's natural gas pipeline network is evident from its latest pipeline utilization data for the period July-September, 2016.
8The company transmitted a total of 100 mmscmd of gas during the quarter.
8And a whopping 80% of the gas that was transmitted through this trunk network was its own.
8Gas marketing is where bulk of its turnover comes from. Of the total Q-2 sales turnover of Rs 11.858 crore, as much as Rs 8,578 crore came from gas marketing.
8Gas transmission charges made up a turnover of Rs 1,096 crore.
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8The company transmitted a total of 100 mmscmd of gas during the quarter.
8And a whopping 80% of the gas that was transmitted through this trunk network was its own.
8Gas marketing is where bulk of its turnover comes from. Of the total Q-2 sales turnover of Rs 11.858 crore, as much as Rs 8,578 crore came from gas marketing.
8Gas transmission charges made up a turnover of Rs 1,096 crore.
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RFQs are to be floated for technical services by an oil marketing company for:
8Internal coating in five segments of an existing onland pipeline
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8Internal coating in five segments of an existing onland pipeline
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Business development managers may be interested in RFQs for a product pipeline which are likely in the middle of next year involving:
8Line pipes
8Replacement of booster pumps
8Mainline pumping units
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8Line pipes
8Replacement of booster pumps
8Mainline pumping units
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Business opportunities for onland drilling programmes continue to come up in quick succession.
8A multi-well development drilling with see the following RFQs coming up:
8For rigs by May, 2017.
8For drillpipes too by May,2017.
8Drilling Equipments and Consumables too will be needed by May, 2017.
8The RFQs for Bulbs and Spacers will be floated subsequently.
8The RFQs for the Infrastructure Development of wells will be floated once the testing of the wells are finalized.
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8A multi-well development drilling with see the following RFQs coming up:
8For rigs by May, 2017.
8For drillpipes too by May,2017.
8Drilling Equipments and Consumables too will be needed by May, 2017.
8The RFQs for Bulbs and Spacers will be floated subsequently.
8The RFQs for the Infrastructure Development of wells will be floated once the testing of the wells are finalized.
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