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Nov 2016

Big offshore well testing services companies have dramatically brought down their prices in the latest ONGC tender
8Clearly, the competition is very intense among the top guns in the industry
8Prices are reportedly down by a dramatic number from what it was last with ONGC
8The more important point is that prices are in free falling mode and because of the inherent volatility, competitors are quoted widely varying rates.
8There are no price benchmarks anymore in the pricing game for offshore services and tools, it looks like.
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Well places sources said that the engineering stage of the conversion of a Mobile Offshore Drilling Unit (MODU) to Mobile Offshore Production Unit (MOPU) is currently on in an Indian shipyard.
8Construction preparation is now underway
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Are business development managers clued on when the tender for a Rs 3000 crore platform development project along with drilling slots is to be floated?
8It is learnt that the release date has been put off by about a month.
8The award of contract is slated end March or early April, 2017 and kick off date soon thereafter.
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For reference purposes the website carries here the following tenders:
8Supply of Flue Gas Oxygen Analyzer, Guwahati Refinery Details
8Supply of Pressure Transmitter, Differential Pressure Transmitter and Temperature Transmitter, Guwahati Refinery Details
8Operation & Maintenance of Oil Spill Response Equipment Details
8Procurement of DGMS approved Multi gas detector with Nitric Oxide and Nitrogen di-oxide sensors Details
8Supply of Pipes for Ennore Project and requirement on ARC basis, Mumbai Details
8Supply of Transportable Multigas Detector with 4 sensors, Barauni Refinery Details
8Re-certification of Southern Region Pipelines, Chennai Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:  
8IOCL, FCIL and HFCL roped in to revive three ailing fertilizer units Details
8RIL-ONGC gas row: Arbitration next port of call Details
8BP, Shell log upbeat profits but warn on oil prices Details 
8Core sector output up 5% in September; steel, petroleum products shine Details
8Shell takes top earnings spot from Exxon as oil majors adapt to low prices Details
8Indian Oil lines up `1.8L-crore capital expenditure for 5 years Details 
8FinMin may replace UCO Bank with IDBI Bank for Iran oil payments Details
8Government to protect consumers from high oil prices post OPEC’s production cut Details
8Indian Oil Corporation: Paradip refinery ramp-up to drive future profits Details
8Oil prices rise from one-month lows after OPEC approves strategy Details 
8Indonesia offers three unconventional oil and gas blocks - official Details
You can also click on Newsclips for more   Details
For reference purposes the website carries here the following tenders:
8Carrying out Off-Shore Pipeline Survey at WRPL, Vadinar Details
8Supply of Coke Cutting Device, Digboi Refinery Details
8Obtaining Consent To Establish from State Pollution Control Boards for Koyali-Ahmednagar Pipeline Details
8GPS based Foot patrolling, Surveillance, Report Generation and Submission for pipeline under Dibiyapur jurisdriction Details
8Supply of Anhydrous Denatured Ethanol at OMC locations Details
8Engineering and Project Management Consultancy for Ramanmandi-Bahadurgarh Pipeline capacity Details
8EPM and SS consultant for Leh POL Depot project Details
8Carrying out Pipeline RoW exposure repair work at different locations, Assam Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:  
8Scientists turn pollution back into green fuel Details
8Chevron Wheatstone LNG cost blowout to $34 bln hits Woodside Details
8Diesel getting a bad name: Luxury auto companies introduce petrol variants of existing models Details 
8OVL completes acquisition of 11% add'l stake in Vankor Details
8Bangladesh considers buying Chevron's local natural gas assets - sources Details
8Scientists discover way to turn carbon dioxide into useful fuel Details 
8Infra sector growth at 3-month of 5 per cent in September Details
8Manmohan Singh had rebuked Murli Deora for raising Asian oil premium issue with Saudis, claims book Details
8Oil slides as non-OPEC nations demur on output limit plan Details
8Corporates and government should not have acrimonious ties: Oil minister Dharmendra Pradhan Details 
8GE merging oil and gas operations with Baker Hughes Details
8KG-D6 gas dispute may cost Reliance Ind over $1.2 billion Details
8India bets on LNG fuelling stations Details
8We removed 9 policy bottlenecks to help raise oil & gas production: Dharmendra Pradhan Details 
8Subsidized LPG prices hiked by over Rs 2 per cylinder; non-subsidized LPG costly by Rs 37.5 Details
You can also click on Newsclips for more   Details
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