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Nov 2017

Advances in electric car technology are now grabbing more headlines than ever before.
This week the following new developments have been announced:
8More than half a dozen large carmakers, including Audi, Ford and Volvo, are soon expected to begin selling electric vehicles (EVs) that can be charged wirelessly.
8EV drivers will welcome, it is thought, the ability to top up an electric car by using a smartphone to locate, reserve and rent charging pads while parked for a quick errand or overnight, without needing to fuss with a cord.
8Perhaps most importantly, cutting the cord allows EVs to charge on the move. At three sites in South Korea, trams and buses charge as they drive over a series of embedded coils that are sequentially flooded with pulses of electricity as a vehicle passes overhead. Renault is helping to test this technology in Versailles, near Paris. And Israel’s transport ministry is funding a test on a short stretch of a street in Tel Aviv. If about a sixth of an EV’s route were electrified in this way, it would never need to stop for a charge.
8In another important development, in what is being denoted as historic, Google has announced that its self-driving cars will no longer use a human safety driver while they are tested on the roads of Phoenix, US. Members of the public will soon be invited to take trips in Google's fully self-driving vehicles.
8Google is officially announcing its plans to launch an autonomous taxi service in the metropolitan area of Phoenix following the testing period that’s set over the next few months.
Comment: Indian oil marketing companies should keep an eye on these developments while trying to set up refining capacities that are meant to remain productive assets over a 15 to 20 year period. Disruptive technology can make these investments unviable in very quick time. Click on Details for more. Details
8 Project Name: Exploratory Drilling
8Project Cost: Rs 1000 Crore.
8Project Description: Promoter is planning exploratory drilling at an oil field. The project involves drilling of 45 wells. Currently, the project is in a preclearance phase. Further RFQ for the project is expected shortly.
8Project Event: RFQ for hiring consultant for EIA studies is expected by November end 2017.
8Expenditure Approval: Q2/2017
8RFQ Date: 25/Nov//2017
8Release Date: Dec/2017
8Start Date: Q3/2018
8Completion Date: Q4/2020
Click here for more details

8 Project Name: Drilling Site Hydrofracturing
8Project Description: Promoter is planning hydraulic fracturing work for its oil fields. The reservoir characteristics of the oil fields have wide variations ranging from shallow depth to depth more than 2000m. The requirement from promoter's end will be for lightweight ceramic/sintered bauxite proppant having a preferable mesh size of 20/40 or 16/30 or 12/20 respectively. An annual requirement of 1000 MT of proppant is expected from promoter's end.
8Project Event: RFP's for the proppant is expected by November end 2017.
8Expenditure Approval: Sep/2017
8RFQ Date: 25/Nov/2017
8Release Date: Dec/2017
8Start Date: Q1/2018
8Completion Date: Q1/2018
Click here for more details
8Project Name: Refinery BS VI Greenfield Project
8Project Cost: Rs 2755 Crore
8Project Description: An existing company along with EPCM contractor and licensor is carrying out engineering activities to construct following new units: DHDT of 2200 KTPA, HGU of 44 KTPA, SRU of TPD, ARU of 189 TPH and SWS unit of 56.7 TPH along with revamping of existing DHDS unit from 700 KTPA to 1000 KTPA for the proposed BS–VI Quality Up-gradation and Capacity Expansion of PX / PTA in the existing premises of refinery. At present, some of the equipment has already been placed.
8Project Event: RFQ for Mechanical work is expected by February 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Feb/2018
8Release Date: Mar/2018
8Start Date: Q2:2017
8Completion Date: Q1:2019
Click here for more details.
8Project Name: Greenfield LPG Bottling plant project
8Project Cost: Rs 28 Crore
8Project Description: An existing company is planning to set an LPG Bottling Plant with a capacity of 120000 MTPA by installing 3 X 600 MT mounded storage vessels.
8Project Event: RFQ for a Project Management Consultant is expected by January 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Jan/2017
8Release Date: Feb/2018
8Start Date: Q1:2018
8Completion Date: Q1:2020
Click here for more details.
Details
8Project Name: Greenfield Hydroelectric Project
8Project Cost: Rs 300 crore
8Project Description: The owner along with an EIA consultant is carrying out the scoping for  environment clearance for a 48 MW (3*16 MW) greenfield hydel power project. The project is a downstream development of Hydroelectric Project (180 MW). Currently forest clearance (Stage-1) has been accorded for diversion of forest land. The Asian Development Bank (ADB) has agreed in principle to finance the project. The owner will come out with an Expression of Interest for civil works costing Rs 229. 35 crores soon following the HM and E&M works in a gap of a month.
8Project Event: RFQ for civil works are expected by Q1 2018 and award of work is expected by the following 4-5 months.
8Expenditure Approval: Q3:2017
8RFQ Date: Q1:2018
8Release Date: Q2:2018
8Start Date: Q4:2018
8Completion Date: Q4:2022
Click here for more information
8Project Name: Super Thermal Power Station - FGD Addition
8Project Cost: Rs 900 crore
8Project Description: The developer is scheduled to install an FGD for a 1600 MW (2*800 MW) unit thermal power plant. The company is expected to float tenders for the same. At present, feasibility studies are ongoing. The project is expected to kick off in early 2019. RFQ for supply and installation of FGD are expected to be out by the third quarter of 2018.
8The major requirement will be FGD, stacker and reclaimer, earth work, cranes, pipes, installation, gypsum disposal, wet lime among others.
8Project Event: RFQs for supply and installation of FGD are expected to be out by the Q3 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Q3:2018
8Release Date: Q4:2018
8Start Date: Q2:2019
8Completion Date: Q1:2022
Click here for more information
8Project Name: Thermal Power Maintenance Project (Unit - 11)
8Project Cost: Rs 12 crore
8Project Description: The owner has planned na 18-day scheduled mini overhaul of the Unit-11 B-TPS (200 MW) in the 1188 MW Thermal Power Plant covering turbine bearings, refilling of gas for HP, IP, LP turbine cylinders, boiler linings, safety valves, nozzles, inspection of rotor blades, relays, fuses, pipes, replacing of conveyor belts, bucker wheel, among others.
8Project Event: RFQ for equipment is expected by Mid-December 2017.
8Expenditure Approval: Q2:2017
8RFQ Date: 17/Dec/2017
8Release Date: Jan/2018
8Start Date: 1/Mar/2018
8Completion Date: 18/Mar/2018
Click here for more information
Details
For reference purposes the website carries here the following tenders:
8Technical Assistance for Trouble Shooting and Health Check Up of Gas Booster Compressor at refinery Details
8Procurement of Pre Coated Pipes of refinery Details
8Combined Station Works for Koyali Ahmednagar Solapur Pipeline Project Details
8Carrying out Coating Refurbishment of GSPL Mainline pipes Details
8IRC for support services at GAIL Jamnagar Details
8Rate Contract for O&M Services of DBPL Gas Pipeline Details
8Supply of Di Ammonium Phosphate at refinery Details
8Supply of Hydrogen Per Oxide at refinery Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8SBI’s economic report on oil price hike, impact on CAD released Details
8India to send emergency gas shipment to Sri Lanka Details 
8ICRA upgrades Petronet LNG on Kochi-Mangalore pipeline, Gorgon contract Details
8Shell to hand over Iraq's Majnoon oilfield by end June 2018 – Iraqi oil officials Details
8OPEC says electric vehicles could lead oil demand to plateau in 2030s Details
8Saudi purge: The world may now never see a $100 billion IPO Details
8Fossil fuels will be the main energy source for decades - OPEC Details
8Oil price mixed on expected strong China demand, rising U.S. output Details
8Aramco close to awarding gas project contract to Tecnicas Reunidas Details
8Syria plans to join Paris climate change agreement, isolating U.S. Details
8Indian Oil Corp buys Nigerian crude oil through Singapore subsidiary Details
8Markets extend fall on rising crude oil prices Details
8India set to buy 49% in Russia oilfield by Feb Details
You can also click on Newsclips for more   
Details
8Project Name: Thermal Power Station - Dismantling 
8Project Cost: Rs 65 crore
8Project Description: The developer is planning to retire and dismantle Units 1 and 2 (2*120 MW) of it's 870 MW (3*210 + 2*120MW) thermal power plant. At present, the consultant is working on the feasibility study. As of now, these two units have already been shut down since July, 2017 due to low schedule. RFQs for civil work and dismantling services of various equipment are expected by the 1st quarter of 2018.
8The major requirement will be cranes, dozers, dismantling services for electrical, mechanical and control and instrumentation (C&I) equipment, onsite inspection, inventorying, segregation and estimation among others.
8Project Event: RFQ for dismantling services of various equipment is expected by Q1 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Q1:2018
8Release Date: Q1:2018
8Start Date: Q3:2018
8Completion Date: Q2:2019
Click here for more information Details
8Project Name: Greenfield 2G Bio-Refinery
8Project Cost: Rs 600 Crore
8Project Description: An existing company along with EPC contractor and licensor, Institute of Chemical Technology, is planning to construct an ethanol plant based on the DBT-ICT 2G Ethanol technology developed indigenously to produce 100KL fuel-grade ethanol per day, primarily from biomass and will use approximately 450 tons of biomass per day at its refinery.
8Project Event: RFQ for long lead items is expected by January 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Jan/2018
8Release Date: Mar/2018
8Start Date: Q2:2018
8Completion Date: Q1:2021
Click here for more details.
8Project Name: Greenfield LPG Bottling Plant
8Project Cost: Rs 161 Crore
8Project Description: An existing company is planning to set an LPG Bottling Plant with a capacity of 120000 MTPA by installing 3 X 600 MT mounded storage vessels.
8Project Event: RFQ for licensor selection is expected by January 2017.
8Expenditure Approval: Q3:2017
8RFQ Date: Jan/2018
8Release Date: Feb/2018
8Start Date: Q2:2018
8Completion Date: Q2:2020
Click here for more details.
8 Project Name: Oil Field Development Drilling
8Project Cost: Rs 823.30 Crore.
8Project Description: Promoter is planning the development of an existing oil field.The project involves development drilling of 21 wells, one production installation and laying of approximately 90 km of pipelines(50mm to 300 mm dia). Currently, the project is in pre-clearance phase.The TOR for the project is expected by December 2017. Moreover, promoter has also released the tender for EIA studies for the block. The tender is in finalization stage as of now. The process of hiring an EPC contractor for production installation and the pipeline laying is expected to begin soon. RFQ for the rigs, Xmas Trees, Cementing, Wireline, Drill Collar etc is expected shortly.
8Project Event: RFQ for EPC contractor for production installation and the pipeline network is expected by Q1 2018.
RFQ for hiring services for rigs and equipment is expected by Q2 2018.
8Expenditure Approval: Q2/2017.
8RFQ Date: Q1/2018.
8Release Date: Q1/2018
8Start Date: Q4/2018
8Completion Date: Q4/2020
Click here for more details

8 Project Name: DG Set Hiring.
8Project Description: Promoter is planning to hire Diesel Generators (DG Sets) for various ongoing projects. The project involves supply as well as maintenance of Gensets on annual contract basis for an overall period of 3 years. The contractor shall be responsible for the supply of fuel. Further RFQs for the project are expected shortly. 
8Project Event: RFQ for hiring Diesel Gensets are expected by November end 2017.
8Expenditure Approval: Sep/2017
8RFQ Date: 25/Nov/2017
8Release Date: Dec/2017
8Start Date: Feb/2018
8Completion Date: Feb/2021
Click here for more details
Details
For reference purposes the website carries here the following tenders:
8Tender for Terminal Automation System at Paradeep Details
8Supply of Ultrasonic Flare Flow Meter Spares for refinery Details
8Supply of Solenoid Valve at refinery Details
8Supply of Self Actuated Pressure Control Valves for GTU Project at refinery Details
8Supply of Pressure Relief Valves for GTU Project at refinery Details
8Carrying out civil works at NRM-GGS and NRM-ETP in Narimanam Area Details
8Provide Services of making Oil Marker Posts for installation in Pipeline Right Of-way Details
8Tender for Market Study for Poly Propylene Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8Algeria invests $2 billion into Hassi Rmel natural gas field Details
8Stepping on the gas: China's truckers scramble to meet LNG demand Details 
8Egypt to award 12-cargo LNG tender to Gas Natural Fenosa, Swiss traders -trade sources Details
8Indian Oil denies role in Sri Lanka fuel crisis Details
8Economic reforms to help support long-term growth: BMI Research Details
8Digitalization in energy sector to be $64 billion market by 2025: BNEF Details
8India again puts off flagship global renewable energy event Details
8ONGC seeks higher natural gas price to develop KG Basin block Details
8Paradise Papers: Days before Mozambique oil deal, Videocon refused to record loans Details
8Rising crude oil prices fuel market fall Details
8Dharmendra Pradhan calls India, US 'natural allies' at USIBC meet Details
8Why oil is on the boil Details
You can also click on Newsclips for more   
Details
8Project Name: Super Thermal Power Brownfield Project
8Project Cost: Rs 7000 crore
8Project Description: The owner along with consultant is carrying out the final EIA activities for a 1320 MW (2*660 MW) supercritical thermal power plant. Baseline data collection for EIA studies has been completed and submitted to RSPCB. Coal supply will come from the allocated Parsa East coal block. EC is likely to be elicited by third quarter of 2018. The owner will come come out with BTG, civil and BOP package wise contracts.
8Project Event: RFQ for the BTG package is expected by Q4 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Q4:2018
8Release Date: Q1:2019
8Start Date: Q3:2019
8Completion Date: Q4:2023
Click here for more information
8Project Name: Hydro Power Station Maintenance Project
8Project Cost: Rs 15 crore
8Project Description: The owner has planned a 7-day scheduled maintenance of Unit-2 (24.2 MW) in the 77.65 MW Hydro Power Station, covering annual inspection and RM works which includes overhauling of auxiliary parts of the turbine and its blade sets, seals, and the oil cooling unit.
8Equipment required will be blades of runner, turbine bearings, gland seals, pipes, guide vanes seal, spiral casing, spiral drain valve, draft tube drain valve, among others.
8Project Event: RFQ for equipment is expected by fourth week of December 2017.
8Expenditure Approval: Q2:2017
8RFQ Date: 27/Dec/2017
8Release Date: Jan/2018
8Start Date: 12/Mar/2018
8Completion Date: 18/Mar/2018
Click here for more information
8Project Name: Thermal Power Station Phase-I FGD Addition
8Project Cost: Rs 400 crore
8Project Description: The developer is planning the installation of an FGD unit and retrofitting of the ESP at it's 500 MW unit out of 1100 MW (1*500 + 1*600 MW) Thermal Power Station. At present the final stages of feasibility studies are ongoing. The installation is expected to begin by the end of December, 2020. RFQs for same are expected to be released in the first quarter of 2019.
8The major requirements will be Flue Gas Desulphurisation (FGD) unit, Cranes, Earth Work among others.
8Project Event: RFQs for supply and installation of FGD are expected to be out by the Q1 2019.
8Expenditure Approval: Q1:2018
8RFQ Date: Q1:2019
8Release Date: Q2:2019
8Start Date: Dec/2020
8Completion Date: Q2:2023
Click here for more information Details
8Project Name: Refinery White Oil Storage Tank Project
8Project Cost: Rs 806 Crore
8Project Description: An existing company along with EPCM contractor is carrying out construction activities to install product storage tanks for White Oil products totaling up to 458145 KL at Calico plot in its refinery. The different types/grades of White Oil considered for storage at Calico are as follows:
i) HSD grade - I, ii) HSD grade – II, iii) SKO, iv) ATF, v) MS grade - I, vi) MS grade - II, vii) Naphtha, viii) Slop
8Project Event: RFQ for commissioning and pre-commissioning activities is expected by February 2017.
8Expenditure Approval: Q1:2016
8RFQ Date: Feb/2018
8Release Date: Mar/2018
8Start Date: Q2:2016
8Completion Date: Q2:2018
Click here for more details.
8Project Name: Greenfield 2G Bio-Refinery
8Project Cost: Rs 950 Crore
8Project Description: An existing company along with EPC contractor and licensor M/s Chempolis Oy, Finland is planning to set up a Bamboo based Bioethanol project with a capacity of 49 TMT at its refinery.
8Project Event: RFQ for the listed equipment is expected by December 2017.
8Expenditure Approval: Q2:2017
8RFQ Date: Dec/2017
8Release Date: Jan/2018
8Start Date: Q4:2017
8Completion Date: Q4:2020
Click here for more details.
8Project Name: North Karanpura CBM Block Development
8Project Cost: Rs 447 crore.
8Project Description: Promoter along with its partners is planning the development of a CBM Block by drilling of 68 wells. An overall quantity of 0.3 MMSCMD of gas has been envisaged to be produced from the project. Contractor, in turn, has selected a US firm, to carry out the feasibility study for the project. Further RFQ's for the project are expected shortly.
8Project Event: EOI from Contractor for drilling rigs as well as various mechanical and electrical equipment are expected by November end 2017.
8Expenditure Approval: Q1/2016.
8RFQ Date: Nov/2017.
8Release Date: Dec/2017.
8Date: Q3/2018.
8Completion Date: Q3/2021.
Click here for more details

8Project Name: Development Drilling
8Project Cost: Rs 50 crore
8Project Description: Promoter is planning development of its oil and gas field in Cambay Basin. The project involves the development of 2 oil wells so as to boost petroleum production. Currently, the field development plan for the field has been submitted to DGH for review, which is expected by December 2017.
Promoter has already hired an EPC contractor for the project. RFQ for the following equipment is expected: Pipeline, Valves, Xmas Trees, Cementing facilities, Tanking facilities.
8Project Event: RFQ for the equipment is expected form contractor's end by Q1 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Q1/2018
8Release Date: Q1/2018
8Start Date: Q3/2018
8Completion Date: Q3/2019
Click here for more information
Details
Find out more about the six companies in the fray for ONGC's Ratna R-Series project
8Find which company is on top of the race
8Techno-economic appraisals of the bids are currently on
8And there are some surprise bidders
Click on details for more Details
Does a coal-to-petrochemical project of the size planned by the Adanis make sense in today's world?
8Apparently in does as the plant can be competitive when compared to other conventional feedstock such as gas or naphtha.
8The landed cost of LNG or even domestically available gas (as the price is to be pegged to DES LNG price in the West Coast of India) is expensive in India whereas the costing exercise for Adanis' coal-to-petrochemical project will be an internal one, given that coal is being supplied from a captive coal mine.
8The cost economics of the integrated project is of importance then and not just the Australian project.
8Financing too will be on an integrated scale.
8India does offer a ready market for the products from the coal-to-petrochem project
8Click on Reports to find out how a super sized coal gasification project can work in India. Also find out more on coal gasification and how it compares with other competing feedstock.
Click on Reports for more. Details
The Adanis have told the Australian government that the coal from the group's controversial Carmichael coal mine will be part of what what is being termed as “integrated pit-to-plug strategy”.
8The idea now seems to be to use coal from the Carmichael mine to power the massive coal-to-petrochemical project.
8Earlier, the Adanis had told the Australians that they would utilize the coal to light up a 100 million homes but that dream has gone sour with the Supreme Court order on the family's Mundra power plant.
8The coal-to-petrochemical plant now fits very well with the “integrated pit-to-plug strategy”, with the quantum of coal (35 million tonnes per annum) needed for the project to be supplied from a captive mine in Australia
Click on Reports for more Details
When the Adanis unveiled their grand Rs 100,000 crore coal-to-petrochemical project in Gujarat last week, the question on everyone's mind was: How would they fund such a project?
8Cash strapped Indian banks will be unwilling to extend a helping hand beyond a point. The Adanis currently do not enjoy a credit profile of a kind needed to loan that kind of money.
8A Supreme Court order that did not allow a pass through of higher imported coal prices to the electric tariff out of their 4600 MW Mundra power project has forced the Adanis to put up the plant for sale at a token of Rs 1 despite spending billions of dollar to set it up.
8The family however cannot be faulted for the sheer scale of their ambition and their inability to give that up even in the face of looming adversity.
8In what can be termed as an attempt unprecedented in Indian economic history, the Adanis are now trying to secure funding for their Rs 100,000 crore project from sources that few Indian entrepreneurs could dream up
Click on Reports and Details for more Details
8A local analysis claims that the price of crude will continue to rise. Find out why they say so. Click on Report for more.
8How economic downturn in Gulf states has resulted in a drop in remittances into India. Click on Report for more. Details
In the euphoria surrounding the continuing spike in the consumption growth of petrol and diesel and the hectic pace at which new refining capacity is being built in India, oil companies must pay heed to the quiet but significant changes that are laying the ground for a paradigm shift from internal combustion engine vehicles to zero emission vehicles.
8It is already known that India has plans to go for an all-electric fleet by 2030 though for now it may look like a lofty target.
8But as various stakeholders look to understand the implications of this transition, the website provides answers here on the following questions:
8How would the current industry ecosystem change as a result of the electrification drive by the government?
8Which vehicle segments are likely to lead the drive toward electrification?
8How will the charging infrastructure evolve and what charging models would be the most suitable in the Indian context?
Click on Reports for more Details
It is already a well known fact that electric two wheelers and even three wheelers have already become effective in comparison to their fossil-fuel run counterparts. 
8The total cost of ownership (TCO) of an electric scooter is 22% lower than petrol-run scooter used for commercial purposes despite a higher acquisition cost due to low maintenance and comparatively very low fuel/electricity cost.
8More importantly, however, latest calculations show that cost dynamics of running an electric four wheeler or an electric passenger vehicle (EV) for commercial purposes, with a high vehicle utilization, are quite favorable when compared to internal combustion vehicles. 
8After the implementation of BS-VI emission norms in 2020, petrol and diesel passenger vehicles are expected to get pricier by 8%-15%, which will further reduce the differential between ICE vehicles and EVs, making electric cars viable for adoption by retail customers as well.
8Also find out how viability can be attained for electric buses as well as light and heavy commercial vehicles
Click on Reports for more Details
The advent of the electric car will dramatically change the ecosystem surrounding the automobile industry.
8The auto ancillary business will not survive the way it is now as there are far less moving parts in an electric vehicles compared to a conventional car.
8The website also carries here full details on the electric vehicle charging infrastructure and how it is going to evolve in India
8Find out what role can utilities play in this evolution
8Case studies are carried here
8The website also carries here the case study of India's first electric commercial vehicle operator. The company was EBITDA positive in 10 months and cash positive in 25 months.
8Its vehicles have clocked in excess of 20 million kms
Comment: Indian oil companies need to keep close track of these developments. It is now known how much of these developments have been taken into account by the likes of IHS which have been given the responsibility of making a demand assessment in India for the super refinery in Rajasthan. Once the viability of the electric car is established and a charging infrastructure is created, it will be a winner-take-all-kind of a situation. What is now a trickle will become an avalanche.
Click on Reports to know more Details
With the firming of oil prices, there seems to be an uptick in oil & gas investments of late.
8There is an evident tightening of the oil & gas market equipment and services market even through is evidently a lot of spare capacity.
8Some of the biggest firms in the business are witnessing a longer pipeline of likely orders
8Will it then lead to a tightening of rates for larger operators like ONGC?
Click on Reports for more Details
Find out how the Korean machine tool industry and how increasingly Korean factories are 'smart". Find out how much productivity gain smart factories are to elicit.
8Productivity has gone up 23%,
8Production defects are down by 46%  while cost reductions have been to the extent of 16%, while contributing to the quick and timely supply of products.
8In conjunction with the smart factory boom, new demand is being created for controllers, sensors and other devices and systems required for the smart factory framework, while factories idled by the smart factory transition are being recycled via the Korea Machinery Auction & Exchange's online mall.
8There is a flip side too. The characteristics of the latest industrial revolution are hyper-connectivity and super-intelligence, which in turn has unfolded great concern of an eventual takeover by machines of the entire economic structure of the world, subsequent to Alpha Go's victory over human intelligence.
Click on Reports for more Details
For reference purposes, the website also carries here full worldwide data on electric vehicle penetration rates at present and in the future
8An idea is also given of how fossil fuel consumption is going to be impacted
8There are different scenarios worked out in terms of low and high electric vehicle penetration
8Then again, in relation to these movements, find out how will electricity consumption go up
8Another set of international data shows a massive increase in EV population by the year 2030.
Click on Reports for more  Details
NPK Fertilizer Greenfield Project: Three contractors in the race
8Cost - Rs 1517 Crore
8Project Description: Three EPC contractors are in the race for a greenfield NPK Fertilizer unit with a capacity 1200000 MTPA of Kribhco & OCP Group in India. The Project Management Consultant is PDIL.The techno-commercial discussion has been completed and price bids are to be opened. 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
8
Project Event: The EPC contractor is to be selected by January 2018 against a tender floated in February 2017. Tender for equipment's and services is likely to be released in March 2018 Click here for more information
SSP/ Sulphuric Acid Annual Maintenance Project  
8Cost - Rs 0.30 Crore
8Project Description: A Fertilizer company is planning an annual shutdown maintenance in May or June 2018 at their existing fertilizer complex at Palghar in Maharashtra. The existing capacity is made up of 231000 MTPA of SSP, 33000 MTPA of Sulphuric acid. Pre-Vendor Qualification may be necessary for a maintenance contractor.
8Project Event: RFQs for the annual maintenance contractor is likely to be released in March or April 2018Click here for more information
NPK Fertilizer Annual Maintenance Project 

8Cost - Rs 0.15 Crore
8Project Description: A Fertilizer company is planning an annual maintenance shutdown in August or September 2018 at their existing fertilizer complex at Latur in Maharashtra. The existing capacity is made up of 25000 MTPA of NPK. Pre-Vendor Qualification may be necessary for a maintenance contractor.
8Project Event: RFQs for the Annual Maintenance Contractor is likely to be released in Aprill or May 2018
 Click here for more information
Details
For reference purposes the website carries here the following tenders:
8Procurement of Additional Lean Gas Compressor at EPRU Unit of Uran Plant Details
8Procurement of Tri Ethylene Glycol for MH, NH and B&S Assets Details
8Procurement of substitutes for Ahmedabad Asset Details
8Contract of Hiring of services for Mud Logging for drilling in Block CB-ONN-2010/11 Details
8Annual Maintenance Contract for civil works in Cauvery Basin Details
8Carrying out civil works at drill site LMES in North Bank area Details
8Carrying out civil works at drill site GKIS_H in Geleky area Details
8Procurement of New PH Conductivity and Dissolved Oxygen Analyzer Instruments for replacement in SWAS for HSRG Vaghodia Details
8Hiring of agency for All India Study on Sectoral Demand of Petrol and Diesel being sold from retail outlets of IOCL, BPCL and HPCL Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8Oil hits highest levels since 2015 amid tightening markets, Saudi purge Details
8Shell looks beyond road fuels to secure future of refining Details 
8BP, Shell lead plan for blockchain-based energy trading platform Details
8Chevron green lights its first Canadian shale development Details
8LIOC obtaining 15,000 tonnes of petrol from India Details
8Should the govt sell oil producing fields? Details
8GAIL’s gas pipe laying works will continue in Malappuram, says collector Details
8Gujarat Gas Company Q2FY18 standalone net profit declines 12.86% yoy to Rs.61 crore Details
8Nigeria supports OPEC cut extension under "the right terms" Details
8Domestic natural gas production to reach 36 bcm by 2020: Report Details
You can also click on Newsclips for more   
Details
8Project Name: Pumped Storage Hydroelectric Project
8Project Cost: Rs 4000 crore
8Project Description: The owner along with EIA consultant is carrying out the final EIA activities for a 1000 MW (4*250 MW) Pumped Storage Plant which envisages re-utilisation of water of the dam. TOR has been granted on 4 November 2013. Baseline data for three seasons activities have been completed. EIA studies are underway in which public hearing and social impact assessment are pending. EC is likely to be elicited by second quarter of 2018. The company will float out with package wise contracts after getting EC.
8Project Event: RFQ for civil works are expected by Q3 2018.
8Expenditure Approval: Q2:2018
8RFQ Date: Q3:2018
8Release Date: Q4:2018
8Start Date: Q1:2019
8Completion Date: Q3:2025
Click here for more information
8Project Name: Gas Power Station Maintenance Project (Unit - GT4)
8Project Cost: Rs 15 crore
8Project Description: The developer has planned a 7-day scheduled maintenance of Unit-4 Gas Turbine (111.19 MW) in the 652 MW Gas Based Power Station covering major inspection (type C) of equipment which includes overhauling of auxiliary parts of the gas turbine set and compressor parts.
8Equipment required will be air filters, nozzle, water and oil piping, buckets, shrouds, support rings, combustion liners, thrust bearings, casings, pumps, seals, among others.
8Project Event: RFQ for equipment required in maintenance are expected by second week of December 2017.
8Expenditure Approval: Q2:2017
8RFQ Date: 15/Dec/2017
8Release Date: Jan/2018
8Start Date: 23/Feb/2018
8Completion Date: 1/Mar/2018
Click here for more information Details
8ONGC has got a total of 35 major projects going with a capital investment of a massive Rs 92,000 crore. Click on Reports to find out more
8India on Thursday expressed keenness to develop a South Asian gas grid connecting neighbouring countries like Bangladesh, Myanmar, Nepal, Bhutan and Sri Lanka. Click on Report for more.
8If technical resistance is broken, crude prices can push up towards the $60 mark. Find out how. Click on Report.
8GAIL is looking for a strategic partner in telecom and data centre businesses. The company is keen to create a high capacity optical fibre cable grid network and data centres, encompassing major cities such as Delhi, Mumbai,  Bengaluru, Chennai, Vizag, Bhubaneshwar, Kolkata , Patna and Varanasi with last mile delivery capacity. The company wants to become a strong player in the market which is primarily dominated by telecom companies.Click on Report for more.
8Fugro has commenced integrated survey work offshore India forONGC, under a three-year contract in field developments off both western and eastern shores of India. The scope of the work includes bathymetric surveys, seabed mapping, shallow seismic profiling and well head investigation. Deploying its dedicated survey vessel, Fugro Mapper, from September 2017, Fugro is performing surveys in water depths ranging from 10 metres to 100 metres. Click on Report for more.
8Find out more on why India’s petcoke ban presents opportunities for bulk carrier owners. Click on Report for more
8Is the increase in the price of LPG resulting in an increase in subsidy dispensation to the poor under the Direct Benefit Transfer scheme? Find out more. Click on Report.
8Kerosene prices are going up. Will the government continue to subsidize kerosene for the poor? Find out more. Click on Report.
8Find out how the government plans to halve the fuel subsidy bill by the next budget. Click on Report for more.
8An Indian company is now offering BioCNG modules on commercial scale. Then again, it is offering different indigenously developed 2nd generation feedstock and processes.Click on Report for more.
8Find out why Castrol India is stock market favourite currently. Click on Report for more.
8Oil &gas is not the only reason why companies are seeking out Iran as an investment destination. There are other reasons too. Find out more. Click on Report. Details
8Project Name: Refinery Brownfield Expansion
8Project Cost: Rs 3886 Crore
8Project Description: An existing company along with PMC- cum-EPCM contractor is carrying out engineering activities to expand the capacity of its Refinery from 7.5 MMTPA to 9.5 MMTPA. Environmental Clearance was granted on 31 January 2017. At present, Civil work is going on. Equipment orders have already been placed.
8Project Event: RFQ for erection and installation is expected by January 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Jan/2018
8Release Date: Feb/2018
8Start Date: Jan/2017
8Completion Date: May/2019
Click here for more details.
8 Project Name: Development Drilling
8Project Cost: Rs 370 Crore.
8Project Description: Promoter is planning the development drilling of 37 wells in a Mining Lease Block. The project is listed out as an expansion project for the already existing 20 wells development drilling project. The rig package and pipeline contract are in the final stage of the award. RFQs for all well consumables and production equipment namely X-Mas tree, Tubing Head Spool, Hanger Flange / Tubing Hangers, Separators with all accessories, Steam Jacket, Ground X-Mas tree, Tubing Pipes for surface fittings and flare line etc are expected shortly.
8Project Event: RFQ for hiring civil contractor for construction works is expected by end November 2017
RFQ for equipment is expected by December 2017.
8Expenditure Approval: Q4/2016.
8RFQ Date: 24/Nov/2017
8Release Date: 10/Dec/2017
8Start Date: June/2018
8Completion Date: Q2/2021
 Click here for more details

8 Project Name: Onshore Field Development
8Project Cost: Rs 100 Crore.
8Project Description: Promoter is planning the development of an oil and gas field in Gujarat. The block, along with two other blocks was awarded to the company in the Small Fields Bid Round 2016. The company is planning a study of the field prior to starting production. A detailed study of the oil field to estimate possible reserves and production is expected shortly.
Moreover an EOI is also expected for various drilling services.
8Project Event: RFQ for hiring consultant for oil field studies and analysis is expected in November 2017.
RFQ for EOI for various oil and gas services is expected by Q1 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Nov/2017
8Release Date: Dec/2017
8Start Date: Apr/2018
8Completion Date: Apr/2019
Click here for more details

Details
The Adanis are keen to get the project off the ground as soon as possible.
Sources said that the first set of RFQs are expected soon for a DFR that will involve, for development and selection of best alternatives, execution and design philosophies, cost accuracy estimates. The next step will be to look for FEED, overall PMC and licensors for individual units and EPC contractors. Crucial capital approval decisions will be needed for a final go-ahead.
8Air Separation Unit
8Coal Preparation Plant (Conveyance, Size Reduction, Storage Facility & Preparation)
8Coal Gasification Unit
8Syngas conditioning and Cleanup
8Sour Shift Unit
8Acid Gas Removal Unit (AGRU)
8Sulphur Recovery Unit (SRU)
8Liquid Nitrogen Wash (LNW)
8Cold Box (CB) & Pressure Swing Adsorption (PSA)
8Methanol Synthesis Unit
8SNG Plant
8Ammonia Plant
8MEG Plant
8Acetic Acid Plant,
8Methanol to Olefins and Poly Olefins
8DME Plant
8The offsite will be made up of:: Coal Preparation, Handling and Storage. Slag Storage,  Catalyst storage and handling, Sulphur Handling, Intermediate Storage, Utilities, Flare System, Fire Protection System, Product Storage and Distribution System, Chemical Storage, ETP & ZLD System
Click on Reports for full description of the plant and equipment, project execution philosophy as well as a 48-month project execution schedule. Details
The Adani Group has decided to get more ambitious with its coal-to-petrochemical project in Gujarat.
8The investment cost has now been pegged at a massive Rs 100,000 crore.
8It will import an unprecedented 35 million tonnes of Australian coal every year and source 2.2 million tonnes of lignite domestically for the project.
81000 acres of uninhabited land has been specifically identified for the project.
The following is the product slate:
8Methanol: 5 MMTPA (Million Metric Tons per Annum)
-- 1.3 MMTPA for Merchant sale
-- 3.7 MMTPA for downstream chemicals
8It will produce as much as 26 MMSCMD of syngas, a substitute for natural gas.
8Ammonia: 1.1 MMTPA
8MEG: 0.6 MMTPA
8Acetic Acid: 1 MMTPA
8Poly-olefins ( Poly-propylene and Poly-Ethylene) :0.65 MMTPA
8DME Plant: 1 MMTPA, a substitute for LPG.
8Adani Ports & Special Economic Zone Limited (APSEZL) will be supplying the total water requirement for the plant. This RO water would be utilized to meet the cooling water make-up, DM water make-up and Plant/Utility water requirement of the complex. The water system is highly integrated and is designed for Zero Liquid Discharge (ZLD).
8The total estimated power requirement for CTP Plant is 2600 MW out of which 600 MW would be generated from internal process steam and balance 2000 MW power.
Click on Reports for more details Details
The website carries here a detailed analysis of ONGC.
8There is a big upswing in gas production over the next few years. Get more on where this additional upswing in output is expected to come from.
8What is the capex of the company over the next few years
8Opex is coming down and what is the anticipated rate of decline going ahead
8What is the impact of GST
What is the company's projected balance sheet. Click on Report for more. Details
The website carries here a detailed analysis of local content requirement for Middle East and North African countries in the oil and gas sector.
8These countries are increasingly inserting local content requirements (LCRs) into their legal framework, through legislation, regulations, guidelines, industry contracts and bidding practices.
8For Indian companies operating in the region, the analysis provides a comparative analysis and profile of LCRs in MENA countries, in order to determine prevailing preferences and risks.
Click on Reports for more Details
2nd generation ethanol projects by oil marketing companies are moving forward with preparation of detailed feasibility reports, land allocation and environmental clearance.
8Supplementary policy announcements are expected as well
8The National Biofuel Policy is slated for release by the petroleum ministry
8Meanwhile, the Niti Ayog committee has compiled suggestions to promote 2nd generation ethanol in the country and policy directions are expected from there as well.
Click on Reports for more Details
Ammonia-Urea Energy Saving Project 
8Cost - Rs 250 Crore
8Project Description: A Fertilizer company is planning to reduce the energy consumption at its fertilizer complex. The capacity of the ammonia plant is 1245 MTPD and the urea capacity is 2046 MTPD. There is also as 12 MW of Captive Power Plant in the complex.
8Project Event: RFQs for the LSTK contractor are likely to be released in January 2017 in place of November 2017 due to lack of funds. The company is still struggling for capital approvals.
Click here for more information
SSP Fertilizer Greenfield Project   
8Cost - Rs 90 Crore
8Project Description: A Fertilizer company is planning to re-release the tender for an LSTK contractor for a greenfield Single Super Phosphate Fertilizer project with a capacity 800 MTPD at Pandoli in Rajasthan. The tender was floated earlier but at that time bidders did not fulfill the BEC requirements. The equipment requirements are Cranes, Hoppers, Feeders, Conveyors, Valves, Grinding Mills, Tanks, Separators, Pumps, ID Fans, Collectors, Generators, Mixers, Dens, Scrubbers, Screens, Elevators, Furnaces, Cyclones, Blowers, Belts, Weighing machines and more
8Project Event: RFQs for LSTK contractor is likely to be released in December in place of November 2017 due to delay in the discussion.
Click here for more information
NPK/SSP Annual Maintenance Project 

8Cost - Rs 0.30 Crore
8Project Description: A Fertilizer company is planning an annual maintenance in April or May 2018 at its fertilizer complex in Nidadavole in Andhra Pradesh. the complex is made up 45000 MTPA of SSP and 30000 MTPA of NPK.
8Project Event: RFQs for Annual Maintenance Contractor is likely to be released in January or February 2018
Synthetic Organic Chemical unit : Equipment needed
Sources said that proposal for the terms of references for the expansion of a Synthetic Organic unit has been granted and currently they are preparing a Detail Project Report (DPR). The proposal for the environment clearance is likely to be submitted in January 2018, and a tender for equipment is likely to be released after the environmental clearance.
8The power requirement is sourced from AP Transco. for emergency power back up company is also proposed a DG Set.
8The company has also proposed an effluent and treatment plant with a capacity 532 KLPD.
8The project Investment cost is around Rs 800 crore.
8The equipment requirements are Heat Exchangers, Evaporation plant, Flaking plant, HCl graphite plants, Waste Chlorine absorption system, Chlorine liquefaction and Storage Tanks. To support the process equipment Boilers, Chilling Plants, Cooling Towers
Click on Report for more

Expansion of Synthesis Organic Chemical Unit: Natural gas needed
An existing company is planning to enhance the capacity of Synthesis Organic Chemical unit India.
8The projected investment cost is around Rs 25 crore.
8The existing power requirement is about 300 KVA, Company has also proposed a 125 KVA DG Set for their expansion. 
The raw material requirements are:
8Natural Gas for Steam boiler: 400 SCMD.
8Diesel: Existing - 20 Lit/ Hr, Proposed: 20 Lit/ Hr
Click on Report for more
Details
For reference purposes the website carries here the following tenders:
8Procurement of Carrier Gases Details
8Procurement of Remote Seal Transmitters Details
8Hiring of services under Works Contract for Replacement of Insulating Joint at GPU Vaghodia Details
8Rate Contract for miscellaneous Piping, maintenance of Tube Wells and other allied Hot Jobs at Offsite Area in refinery Details
8Maintenance of offsite pipelines at refinery Details
8Supply of Turbine Spares at refinery Details
8Hiring of Project Management Consultancy Services for various Pipeline Projects in KG Basin and Rajasthan Region Details
8Procurement of Activated Carbon in refinery Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8India’s hopes fade for gas field deal Details
8RIL award R-Series gas field contract to McDermott Details 
8Dharmendra Pradhan promotes Green Ride through cyclothon Details
8Higher crude oil prices will worsen fiscal balance: Nomura Details
8Government plans to divest 15 producing fields of ONGC, Oil India Ltd Details
8Govt to give 60% stake in ONGC, OIL fields to private companies Details
8Delhiites pedal to promote fuel conservation and energy efficiency Details
8Oil near 2-year high; growing global demand supports market Details
8Will urge Centre to bring natural gas under GST: EPCA to industries Details
8Trump pleas for Saudi Arabia to list state oil company in US Details
8Russia, Saudi Arabia ready for more work to cut global oil inventory: Russian Energy Minister Details
8IIT-Roorkee researchers find low-cost bio-fuel production method Details
8How economic downturn in Gulf states has resulted in a drop in remittances into India Details
8Rs 47-crore LPG subsidy deposited in Airtel bank accounts 'opened without consent' Details
8Indian Oil to raise Rs 700 crore via bonds to fund Ennore LNG terminal Details
You can also click on Newsclips for more   
Details
8Project Name: Refinery Greenfield Propylene Derivative Petrochemical Project
8Project Cost: Rs 4588 Crore
8Project Description: An existing company along with PMC contractor and licensor Air Liquide Global E&C Solutions is carrying out engineering activities to establish a Propylene Derivatives Petrochemical Project (PDPP) to manufacture petrochemical products such as Acrylic acid, Oxo-alcohols, and Acrylates in its refinery. RFQ for miscellaneous civil and structural work is already out. Equipment orders have already been placed.
8Project Event: RFQ for the erection and installation work is expected by January 2018.
8Expenditure Approval: Q2:2015
8RFQ Date: Jan/2018
8Release Date: Feb/2018
8Start Date: Q3:2015
8Completion Date: Q3:2019
Click here for more details.
8 Project Name: Oilfield Development Project
8Project Cost: Rs 3000 Crore.
8Project Description: Promoter has planned development drilling of oil wells in an offshore field. The project also involves subsea tie-back of wells through a 14-inch dual pipeline in a daisy chain structure. An average daily gas rate of 6 MMSCMD has been envisaged from the project. Further RFQs are expected shortly.
8Project Event: RFQ for hiring an LSTK contractor for the deep water chemical management system is expected by December 2017.
8Expenditure Approval: Q2/2013.
8RFQ Date: Dec/2017
8Release Date: Jan/2018
8Start Date: Q1/2018
8Completion Date: 2018
Click here for more details

8 Project Name: Early Production System
8Project Cost: Rs 30 Crore.
8Project Description: Promoter is planning setting up of an EPS (Early Production System) in an oilfield of Andhra Pradesh. The project will involve supply as well as the installation of the Early Production System. Currently, 4 wells have been drilled till now in the oilfield and drilling of 20 more wells is expected to start by the year 2018. An overall investment of 750 million US dollars had been earmarked for the development of the entire Nagaylanka oilfield. Further RFQs for the project are expected shortly.
8Project Event: RFQ for hiring the EPC contractor is expected by December 2017.
8Expenditure Approval: Nov/2017
8RFQ Date: Dec/2017
8Release Date: Jan/2018
8Start Date: Q1/2018
8Completion Date: Q2/2019
Click here for more details.
Details
8Project Name: Thermal Power Station - FGD Addition
8Project Cost: Rs 300 crore
8Project Description: The owner is scheduled to install an FGD for a 600 MW unit at it's 1440 MW (4*210+1*600 MW) thermal power plant. The company is expected to float tenders for the same. At present, feasibility studies and phasing plans are ongoing. The project is expected to kick off in late 2020. RFQ for supply and installation of FGD are expected to be out by the fourth quarter of 2018. 
8The major requirement will be FGD, stacker and reclaimer, earth work, cranes, pipes, installation, gypsum disposal, wet lime among others.
8Project Event: RFQs for supply and installation of FGD are expected to be out by the Q4 2018.
8Expenditure Approval: Q3:2018
8RFQ Date: Q4:2018
8Release Date: Q1:2019
8Start Date: Q4:2020
8Completion Date: Q2:2023
Click here for more information
8Project Name: Gas Power Station Maintenance Project
8Project Cost: Rs 30 crore
8Project Description: The developer has planned a 35-days scheduled maintenance of Steam Turbine - II (154.51 MW) in the 817 MW (4x130.19 MW GT + 2x154.51 MW ST) Gas Based Power Station covering annual inspection of steam turbine, and renovation and modernization of C&I equipment which includes overhauling of auxiliary parts of C&I equipment. There will be a technology up-gradation in the DCS system of Seimens T3000. 
8Equipment required will be console, display panels, sensors, turbine-generator bearings, casings, valves, filters, among others.
8Project Event: RFQs for equipment required for maintenance are expected by fourth week of November 2017.
8Expenditure Approval: Q2:2017
8RFQ Date: 28/Nov/2017
8Release Date: Dec/2017
8Start Date: 15/Jan/2018
8Completion Date: 18/Feb/2018
Click here for more information
Details
Have the Iranians signed a deal to hand over the Farzad-B block to the Russians?
8The Russian and Iranian oil ministers had signed a number of deals last week when Russian President Vladimir Putin was in Tehran.
8Russian oil producer Rosneft and theNIOC agreed on a deal to work together on a number of strategic projectsin Iran worth up to $30 billion, said Rosneft’s Managing Director Igor Sechin.
8The recent deals appeared to be part of a strategy by Putin to boost Moscow’s political and economic influence in the region.
8“We are talking about several oil and gas fields, which we will develop with our partners,” Rosneft boss told reporters
8Iran had earlier said that it was in talks with Russian companies for the development of the Farzad-B block.
Comment: The Iranians are capable of all kinds of adjustment and they can back down from any deal.  This was evident from how Tehran decided to renege on a deal for an LNG project signed and sealed by then petroleum minister Mani Shankar Aiyer because, on hindsight, the price of gas was found to be too low. Then again, on the Farzad-B block, the Iranians are not sticking to their commitments and there were reports that the field is to be handed over to the Russians. If indeed the Farzad-B block is part of the deal with the Russia, India may still end up using its clout to wrestle something out for itself. For with Trump threatening to impose more sanctions, India will be needed by Iran as a reliable buyer of its crude when European buyers back off. Moreover, if a gas pipeline is indeed being built to India, then again, New Delhi will have enough of a say to get its fingers in the Farzad pie, perhaps in collaboration with the Russians. Click on Report for more.
Details
Now that Russia has taken a decision to build the Iran-India pipeline, attention is shifting to Russia's long term vision of an "Eurasian  Integration".
8Russia claims to be legitimate leader of the global oil & gas community, emphasizing that the US shale gas revolution will run its course and it will be the "deep reserves" of the kind available in Russia which will allow for a sustainable energy future for the globe. In an analysis covering its vision of being a oil &gas supplier for all of Europe and Asia,said, "Since 2010, the largest US Shale Oil companies had a negative free cash flow in 28 quarters out of 29."
8The sustainability of the Russian hydrocarbon industry is pegged on its low cost of production.
8Russia is trying to use pipelines to build its gas business globally, including lines to China besides Europe
8The Iran-India pipeline is part of this wider vision.
8"Greater Eurasia is a huge economic and energy space that has all the prerequisites forcooperation and economic integration," the Russian vision statement claims.
Click on Reports to know more
Details
The website carries here the contours of the Iran-India pipeline that the Russians have now evinced interest in constructing from 2018 onwards.
8
The project cost is pegged at around $5 billion and it will ferry around 30 mmscmd of gas from Iran to India.
8
It is expected that the landed price of piped gas will be up to $2/mmbtu cheaper than LNG as only transportation tariff will be applicable in comparison to liquefaction charges, transportation tariff and regas charges applicable to LNG.
8The point to note is that a reasonable amount of footwork has already been done in terms of identifying and testing out deepwater pipeline manufacturers, lay vessels and a repair systems for the deepwater pipeline.
The website carries here details of 
8Route surveys carried out, including one that starts from Oman and joins up with Iran and heads towards India
8Eligible line pipe manufacturers
8Lay vessels likely to be used
8Repair systems which will be in place
8Consultants which are to be hired 
8Likely EPC contractors
8Project structure
8Project promoters
8Project schedules
Click on Reports for more
Details
The LNG market continues to change at a rapid pace.
Funding is changing dramatically:
8Lenders are now trying to adjust to a world where the funding will not be grounded on back-to-back long term gas off agreements. Instead the spot market will play an increasingly pivotal role with improved operational efficiencies supporting LNG economics and stronger pricing benchmarks strengthening the market’s hedging capabilities.
8In fact by the early 2020s, LNG industry stakeholders will be facing a very different market from the one we know today
Markets to become flexible and transparent
8A liquid, flexible and transparent spot market will be key to breaking price segmentation, improving fair competition, boosting energy accessibility for new markets, and facilitating the increasingly vital role gas is set to play in the future energy mix.
Buyers shifting risk up the supply chain
8The allocation of risk is shifting to different parts of the supply chain; buyers face new risks in their home markets, and are pushing that risk back up the supply chain to LNG suppliers, making the traditional LNG supply model  no longer fit for purpose.
Click on Reports for more Details
In the face of changing dynamics, LNG vessel technology is also undergoing rapid change.
8Better insulation and propulsion systems can help reduce the amount of gas that evaporates during the voyage, known as “boil-off.”
8LNG ship owner and operator GasLog predicts that just 0.085% of a cargo will boil off each day on newer vessels, down from 0.15% a decade ago.
8Tankers that can re-liquefy boil-off gas will see that rate fall even further, to 0.045% per day, the company has said.
8Reduced boil-off gives market participants the ability to do what many in the industry refer to as “slow steaming”.
8This is a new approach, where sailing at slower speeds while waiting to see if a better spot offer comes along.
8All of this is happening even as LNG charter hire rates continue to see new lows.
Click on Reports for more Details
Qatar faces a potential loss of 33% of its long-term customer base starting in 2022.
8What will the country do with these massive volumes of supply?
8This question will have big implications for the global market
8There is also the fact that Qatar is developing new gas reserves that will upset the demand-supply balance in the market and keep the supply overhang going well into the 2020s.
Click on Reports to know what Qatar's long term game is going to be Details
Sabine Pass' 115% Henry Hub plus liquefaction” pricing formula as the US standard for FOB Gulf Coast exports may eventually not be working for US LNG exports. In this model offtakers commit to sunk-cost liquefaction fees ranging from $2.25-$3.50/MMBtu that must be paid regardless of whether the service is used.
8A new pricing model evolved by Dominion’s Cove Point, Cameron LNG and Freeport LNG offers buyers additional portfolio diversity with a slightly different take on pricing. Under this contract structure, buyers also commit to a sunk-cost liquefaction fee, but they have the option to source their own gas and hedge price risk further upstream.
8Yet another pricing model by Tellurian Investments for its proposed Driftwood LNG project allows for smaller contracts, totaling about 7 million mt/year, under five-year agreements at
a fixed delivered ex-ship price of $8/MMBtu, starting from 2023.
8LNG priced against Henry Hub was seen as attractive by many Asian buyers looking to reduce costs in the face of high oil prices. But following a steep decline in the price of spot LNG, Henry Hub has lost much of that appeal.
8There are many who claim that if Henry Hub prices rise as forecasted to above $3.50/MMBtu by 2021, they would present challenges for those trying to sell US LNG into Asia, if current depressed spot LNG prices persist.
8"Must run" LNG contracts will not longer be sufficient and other pricing models are already coming up.
Find out what kind of new models are now coming up around US LNG sales
Click on Reports for more  Details
Rs 25 crore SSP plant
 
Sources said that RFQs for a contractor for an SSP unit is likely to be released after environmental clearance and the proposal for environment clearance is likely to be submitted in January or February 2018. 
8An existing company is planning to set up a greenfield SSP/ TSP with a capacity 100,000 TPA  in India.
8The projected investment cost is around Rs 25 crore.
Following are the highlights:
8Prefeasibility study is completed
8Proposal of Terms of Reference was granted in June 2016
Following are the raw material requirements
8Sulphur- 15,000 MTPA
8Rock Phosphate- 90,000 MTPA
8Sulphuric Acid (Con. 98%)- 75,000 MTPA
8Phsopharic Acid (P2O5 100% basis)- 10000 MTPA
8An effluent and treatment plant with a capacity 30 KLPD.
8The power requirement is about 6000 KW, which will be sourced from State Electricity Board.
8The requirement of furnace oil is about 2 KLPD
Click on Details for more
  
DAP/NPK Annual Maintenance Project 
8Cost - Rs 30 Crore
8Project Description: A Fertilizer company is planning an annual shutdown maintenance in May or June 2018 at their existing fertilizer complex in India. The existing capacity is made up of 1920000 MTPA of DAP/NPK, 875000 MTPA of Phosphoric acid, 2310000 MTPA of Sulphuric acid and 110 MW of Captive Power Unit. Pre-Vendor Qualification is necessary for maintenance contractor
8Project Event: RFQs for Annual Maintenance Contractor is likely to be released in January or February 2018.
 
Click here for more information
SSP Annual Maintenance Project   
8Cost - Rs 0.20 Crore
8Project Description: A Fertilizer company is planning an annual shutdown in June or July 2018 at their fertilizer complex in Chittorgarh in Rajasthan. the existing capacity of SSP is about 66000 MTPA. Pre-Vendor Qualification may be necessary for a maintenance contractor.
8Project Event: RFQs for Annual Maintenance Contractor is likely to be released in March or April 2018
Click here for more information
    Details
Even though background work to get the Anadarko operated Mozambique block -- in which the Indian trio of ONGC, OIL and BPCL are heavily invested -- off the ground has started in earnest, lenders are still waiting for the promoters to pull off back-to-back gas offtake deals before financial closure can be brought about.
8There are new kinds of open funding (without offtake agreement)  instruments coming up, but they are still far off the horizon. For even through the LNG funding market has evolved, as of now financiers are still fighting shy of extending loans to a project where sales are not pegged to a credit worthy offtaker.
8What is more, in an adjacent field in Mozambique, ENI was able to to strike an FID for the 3.4 million mt/year Coral FLNG in June, 2017 on the back of lending by a consortium of 15 international banks and guaranteed by five export credit agencies.
8The funding came only after ENI signed an agreement with BP for the sale of all the LNG produced at Coral South for more than 20 years.
8Anadarko will have to pull off a similar coup before FID can happen.
Click on Reports for more Details
GAIL has proudly claimed that it has fully tied up its US offtake contracts but that is a lot of filibustering in such as claim that the maverick GAIL management is now well known for.
8The point to note is that GAIL is tied up with long term gas off take contract while these tie-ups are extremely short term in nature.
8Unless long term offtake deals are signed, they will continue to remain a big risk
8A hit of USD1/mmBtu on the whole quantity -- which is entirely a possibility -- could wipe out  as much as 22% of its EBITDA.
8Right now, GAIL faces a serious problem on the offtake front without a resolution in sight.
8The problem is that there is wall of silence around it.
8How can a publicly funded company stay completely quiet on a development that can burn a big hole in its profitability and, if the condition persists as it well might, wipe out its networth still remains a big mystery.
Click on Reports for more details on this.   Details
Russia's Energy Ministry and the Iranian Ministry of Oil had signed a memorandum on supporting the project aimed to deliver natural gas from Iran to India on November 1. 
8And this was disclosed by Russian Energy Minister Alexander Novak on November 2.
8"The agreement that was signed yesterday is aimed primarily at implementing projects related to gas production in Iran and the supply of this resource to India through Pakistani exclusive economic zone along the bottom of the Persian Gulf," he said in an interview with Russia 24 television channel. It is quite real that it will enter into practical stage in the near future, according to Novak.
8Novak said that Russia’s energy giant - Gazprom - plans to produce natural gas in Iran and will build a 1,200 kilometer gas pipeline from Iran to India. Specific deposits in Iran will be determined as part of the feasibility study for the project.
8Construction is expected to start next year, according to the minister.
8Novak didn’t disclose how much it will cost but said it will be significant, as the pipeline will include an underwater part that will pass through the Persian Gulf.
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Unlike with LNG, pipeline deals always accompanied with its fair share of politics.
8There are always wheels within wheels.
8With the announcement of the Iran-India pipeline by Russia, Pakistan is claiming that the pipeline will pass through the Gwadar port, where the Chinese are building a massive infrastructure to import crude oil through an overland pipeline.
8Russia has been cozying up with Pakistan of late, and it may have been offered a deal to Pakistan as well.
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For reference purposes the website carries here the following tenders:
8Item Rate Contract for support services for O&M activities at Ramgarh O&M Base (Jaisalmer) Details
8Providing Consultancy Services for preparation of Detailed Feasibility Report for Cauvery Basin Refinery Project Details
8Supply of Liquid Nitrogen Details
8Carrying out Hazard and Operability Study and Quantitative Risk Assessment study for all stations, Mainline and associated facilities of HB and HMR Pipelines Details
8Global Expression Of Interest from interested entities for utilisation of Natural Gas, available in the Jaisalmer field Details
8Expression of Interest for hiring of cementing services for Exploratory Drilling in Mizoram Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8Have to find out all ways to increase output: ONGC chief Details
8Vedanta second quarter net profit climbs 43 per cent to Rs 2,036 crore Details 
8ONGC to double gas output by FY'22 Details
8ONGC receives information memo from govt on HPCL stake sale Details
8ONGC seeking oil assets in other regions amid Iran gas row Details
8Private investment can help India reduce 35% greenhouse gas emissions: IFC Details
8Moscow, Tehran sign memo on gas supplies from Iran to India Details
8Oil major Total sees risks to Saudi reform drive Details
8ONGC to explore all ways to raise output: Chairman Details
8Need to promote flexible gas markets: Dharmendra Pradhan Details
You can also click on Newsclips for more   
Details
8Project Name: Mining Lease Block Development
8Project Cost: Rs 30 crore.
8Project Description: Promoter has proposed developmental drilling of 3 wells for incremental production of Heavy Oil from an oil field. The project has been listed out as an expansion project for already existing 20 well development drilling going on in the existing facility. Meanwhile, the rigs for the project have also been finalized. RFQs for the following equipment namely Coupling, Xmas Tree, Tanking Facilities, Safety Valves etc are expected shortly. Meanwhile, the mobilization contract for the project has also been signed.
8Project Event: RFQ for equipment is expected by December 2017.
 RFQ for hiring Civil Contractor is expected by end November 2017.
8Expenditure Approval: Q1/2017.
8RFQ Date: Nov/2017.
8Release Date: Dec/2017.
8Date: Mar/2018.
8Completion Date: Dec/2018.
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8Project Name: Oil Field Development
8Project Cost: Rs 156.40 crore
8Project Description: Promoter has proposed development of an oil field. The project involves development drilling of 7 wells, surface facilities in the CTF and the laying of a 6 inch, 35 km pipeline from the oil field to the CTF. RFQs are expected shortly.
8Project Event: RFQ for hiring a contractor for laying the pipeline is expected by November 2017.
8Expenditure Approval: Q2/2016
8RFQ Date: Nov/2017
8Release Date: Dec/2017
8Start Date: Mar/2018
8Completion Date: Jun/2019
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8Project Name: Brownfield POL Terminal Project
8Project Cost: Rs 21 Crore
8Project Description: An existing company is planning to construct 3 storage tanks with a capacity of 2000 KL,8000 KL,8000 KL respectively in its existing POL Terminal facilities for the receipt, storage and delivery of MS, HSD, SKO. IOCL has acquired 57 Acres of land for the Project. At present Civil work is going on.
8Project Event: RFQ for erection and installation work is expected by December 2017.
8Expenditure Approval : Q1:Jan/2017
8RFQ Date : Dec/2017
8Release Date: Jan/2018
8Start Date : Q2:2017
8Completion Date : Q2:2018
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8Project Name: Thermal Power Station - FGD Addition
8Project Cost: Rs 700 crore
8Project Description: The owner is scheduled to install FGDs for Units 1 and 2 of 600 MW each at it's 1830 MW (3*210+2*600 MW) thermal power plant. The company is expected to float tenders for the same. At present, feasibility studies and phasing plans are underway. The project is expected to kick off in late 2019. RFQs for supply and installation of FGDs are expected to be out by the third quarter of 2018.
8The major requirement will be FGDs, stacker and reclaimer, earth work, cranes, pipes, installation, gypsum disposal, wet lime among others.
8Project Event: RFQs for supply and installation of FGDs are expected to be out by the Q3 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Q3:2018
8Release Date: Q4:2018
8Start Date: Q4:2019
8Completion Date: Q2:2022
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8Project Name: Hydroelectric Greenfield Project
8Project Cost: Rs 500 crore
8Project Description: The developer is carrying out feasibility studies for scoping the environment clearance for a 75 MW (3*25 MW) greenfield hydel project. TOR was accorded on 9th December 2016. Currently tender for an EIA consultant has been out in October 2017 which is under scrutiny. The consultant would require another 20 months for preparing draft DPR and EIA activities. The owner will come out with an EPC package after getting environment clearance.
8Project Event: RFQ for an EPC contractor is expected by Q1 2019.
8Expenditure Approval: Q2:2018
8RFQ Date: Q1:2019
8Release Date: Q2:2019
8Start Date: Q1:2020
8Completion Date: Q1:2025
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How does a Indian large oil & gas company de-risk its high carbon portfolio through large investments that will also de-risk its asset portfolio?
 8Offshore wind energy can be one such area.
 8Interest in the area has emerged all of a sudden after it was found that offshore wind is competitive with onshore wind.
 8Now a four-year project has just concluded that offshore wind energy can indeed be viable in the water off the coast of Gujarat and Tamil Nadu
 8A detailed analysis was done recently to integrate up to 500 MW of offshore wind power in Gujarat and Tamil Nadu respectively by 2021-22.
 8What are the various business models which can work and what kind of policy framework will needed to be put in place?
 8What are the key challenges and how can they be addressed?
 8Massive business development opportunities can come through if offshore wind energy takes off in India
 8Global case studies are also given.
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