There is a requirement also for further drilling equipment in the asset as well This involves: 8Chemicals 8Mud pumps (2 Nos.) 8Supercharger 8Well inspection equipments 8Rig 8Liners 8Air Compressor (2 nos.) 8Oil compressor (2 nos.) 8Power pack 8Blow out preventer 8Draw work 8Rotary table 8Chain drive 8Gear box 8Agitators 8Mud tanks 8Drills 8Drill bits 8Casing Pipes 8Piping system Click on Details for moreDetails
For reference purposes the website carries here the following tenders: 8Procurement of Pressure Vessel for BS VI Project Details 8Civil works at drill site LMEP and LMEM in Lakwa area, Assam asset Details 8Supply of Level gauges, Gujarat Refinery Details 8Unloading and loading of pre-reformer catalyst, Haldia Refinery Details 8Supply of spares & installation of spares for Cathodic Protection system Details 8Hiring of Trailers on Call Out Basis for KG-OSN-2001/3 Block Details 8Hiring of consultancy services for upgradation of KG Asset, Kakinada Details 8Fabrication and erection of LPG pipeline at Bhitoni LPG Plant Details 8Procurement of Gas Analyser, Panipat Refinery Details 8Supply of proprietary equipments and other services for revamp of Hydrogen Generation Unit, Haldia Refinery Details 8Procurement of probe for Ultrasonic Flowmeter, Digboi Refinery Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Oil prices edge up as Kuwait cuts supplies by more than expected Details 8BP strikes deal for 10 percent stake in Abu Dhabi's ADCO concession Details 8Parliament panel seeks probe into Ratna, R-Series delay; flays ONGC for allowing "loot and plunder" Details 8Fuel price hike to worsen woes: Kanam, Chennithala Details 8Congress slams BJP for fuel price hike Details 8Centre hiking petrol, diesel prices every fortnight: Pilot Details 8Interest cut to be far cry as dollar, crude rise: ASSOCHAM PaperDetails 8What's in store for India's exports in 2017?Details 8Iraq 'boosts' oil sales to China, US, IndiaDetails 8Petrol price hiked by Rs 2.21 per litre, diesel by Rs 1.79 per litre effective from midnightDetails 8OVL raises $1 billion debt to fund Vankor acquisitionDetails You can also click on Newsclips for moreDetails
The website carries here a comprehensive report on the impact of disruptive technology on the oil and gas industry in India 8Indian oil and gas companies, particularly the oil marketing companies, may have to go through an extremely painful period of business transformation within the existing tenures of its work force. 8The breakneck speed at which retail outlets are being built will have to slow down. Refinery expansions will need a thorough re-look. 8OMCs may have to enter previous unknown areas such as big data analytics, building charging backbones, battery charging and repair services and energy management services, among others. 8For the country as a whole, there disruptive technologies will bring about disruptive changes Click on our Reports sections to find out moreDetails
High refinery margins and surging demand has emboldened the public sector oil marketing companies to embark on a massive refinery expansion spree. 8Most refinery expansions are meant to take into account a demand profile stretching over a 20 year period. 8But have the planners taken cognizance of disruptive technologies which have the capacity to destroy the demand for fossil fuels? 8The advent of distributed solar power units has the menacing power of reducing the demand for diesel for generator sets 8The launch of the electric car will eventually eliminate the need for retail outlets in the manner we know it now. 8The outlook for electric vehicles by 2030 is very uncertain, but a range of scenarios show the potential for 30–40% new car sales in US, EU, and China and full coverage in the next 10 years. 8Driverless cars, smart grids, electric rather than fossil-fuel or gas driven appliances will also have a negative impact on fossil fuel demand. 8All this will begin to bite within the next 5 to 10 year horizon. 8It is imperative therefore that the oil marketing companies incorporate these developments into their financial and economic matrices before it it is too late. Click on Reports for moreDetails
The new ship building industry saw some healthy activity in recent times but the market continues to remain fundamentally troubled. 8Most big shipping names are going through financial restructuring 8South Korea's DSME is raising capital by diluting the stakes of its existing shareholders 8China's Sinopacific Offshore & Engineering is currently trying to gain the support from its creditors in order to successfully complete a promising bankruptcy restructuring 8Many such restructurings are now planned, and there are signals that the industry is in for a major and painful consolidation process. 8In terms of recently reported deals, Hong Kong based owner, Wang Tat, placed an order for one firm Reefer (280,000 cbft) at Kyokuyo, in Japan for an un-disclosed price and delivery set in 2018. Click on Reports for moreDetails
Power to Gas (PtG), a technology, that focus on producing hydrogen from renewable energy seems to have an exciting future 8The technology has been under testing in Germany since around 2010, and similar efforts have grown in Japan in recent years. 8PtG allows conversion of renewable solar energy, whose output fluctuates over a 24 hour period, into hydrogen, and transporting, storing, and using the gas in economic ways 8This helps to stablize the grid. 8The general approach is to temporarily store excess renewable electricity to stablize the grid, convert it back into electricity and feed it into the grid as and when needed. 8The generated hydrogen can also be used for feedstock of city gas, for heat supply and also for fuel cell vehicles. Click on Reports to know more on what is going on with this new tehchnologyDetails
If you are interested in hydraulic fracturing, the website carries here a comprehensive report that highlights not just the technical aspects but also the impact of the such activity on the environment, and particularly to groundwater resources. 8The study has particular significance for India where water shortage is rampant 8The following problems have been noticed in hydraulic fracturing in the latest set of scientific assessments 8Spills during the management of hydraulic fracturing fluids and chemicals or produced water that result in large volumes or high concentrations of chemicals reaching groundwater re- sources 8Injection of hydraulic fracturing fluids into wells with inadequate mechanical integrity allows allowing gases or liquids to move to groundwater resources 8Discharge of inadequately treated hydraulic fracturing wastewater to surface water resources, and 8Disposal or storage of hydraulic fracturing wastewater in unlined pits, resulting in contamination of groundwater resources. Click on Reports to find out moreDetails
Since October, the spot LNG prices have gone up 8In Northeast Asia, it has risen to above $7/mmbtu due to a spate of spot purchases by Pakistan, Egypt, and other emerging importing countries. 8The point to note however is that the spot price normally rises at this time of the year due to seasonal factors 8But the prediction is that prices will gradually fall towards the beginning of 2016 as production has recently restarted in Angola and Australia's Gorgon. Click on Reports for moreDetails
Detailed feasibility report for big sized petrochemical complex is nearly ready 8Sources said that the environment clearance will be available some time in July, 2017 8Some of the preliminary RFQs will be floated as early as April, 2017 Click on Details for moreDetails
A large gas pipeline project is currently going through the EPC contractor selection process 8Sources said that equipment RFQs are expected to be floated around March-April, 2017 Click on Details for more
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For reference purposes the website carries here the following tenders: 8Miscellaneous civil works during drilling operation at drill site CHDO, Assam Asset Details 8Civil works at drill site LKFG and LKGG in Lakwa area, Assam Asset Details 8Owning of land on purchase to set up operational base in CBM Asset Details 8Hiring the services of EIA and EMP study for pipeline laying project, Assam Details 8HAZOP study and Risk Assessment and analysis at various pipeline installations under Sendra Base Details 8Procurement of Pipe Conveyor Belt for coke handling system Details 8Inspection and Supply of pipes for DHDT and DHDT Unit, Gujarat Refinery Details 8Procurement of High Pressure Screw and Plug Heat Exchangers, Gujarat Refinery Details 8Supply of fuel additive for Naphtha in Gas Turbine, Haldia Refinery Details 8Procurement of crude oil tankers, Duliajan Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8There will be no charge on us for this current financial year: AK Srinivasan, ONGC Details 8Russian crude exports and transit set to rise by 200,000 bpd in the first quarter of 2017 Details 8Russian rouble firms on oil, shrugs off Fed Details 8ONGC Videsh's profit after tax more than doubles by 127 percent to Rs 512 crore Details 8Govt may raise LPG connections target to 20 million for FY17 Details 8Any delay in rolling out GST will take the shine off India: Manu Bhaskaran Details 8Crude might rise to $60 per barrel before easing: OfficialDetails 8Oil India Limited rolls out solar power plant for eco-tourism projectDetails 8India sees oil touching $60 a barrel before retreatingDetails 81,174 infrastructure projects report cost overrun of Rs 1.7 lakh croreDetails 8India Inc’s Q2’17 revenue growth is slowest in five quartersDetails You can also click on Newsclips for moreDetails
For reference purposes, the website carries here the following data: 8City gas distribution projects in terms of geographical area covered, state, operating entry and date of commencement of operation 8The per capita domestic gas availability and consumption on national average basis for the year 2015-16 is 25.72 SCM based on the 2011 population census. 8Number of CNG stations and petrol pumps targeted for setting up in 2016-17 8State-wise, allocation category-wise retail outlets in India. There are a total of 53,000 retail outlets in India 8State-wise CNG stations in India 8Update on the newly formed Indian Institute of Petroleum and Energy (IIPE) at Visakhapatnam. 8NTPC's Kayamkulam power plant: GAIL says it is willing to supply 1.75 mmscmd of gas 8Details of prices in Delhi of petroleum products, including ATF, since December, 2013 along with the number of revisions 8Year-wise details of crude oil imported and along with value 8Latest update on the feasibility study on use of LNG cyliners made from composite materials Click on Reports for moreDetails
A tender for electrical services is to be floated in the next three months now that installation work is ongoing at a Diesel Hydrotreater Unit in a refinery 8A new waste water treatment and recycling plant is coming up as well Click on Details for moreDetails
A new Rs 2000 crore pipeline replacement programme is coming up 8Approvals are expected in March, 2017 Business opportunities will come up for: -- Pipelines -- Compressors -- Block Values -- Automatic Blocker (for leakage) -- Hermetic sealing material Click on Details for moreDetails
There were two domestic lobbies at work to ensure that the three year idling criterion be removed. 8One was the offshore lobby 8The other was the onshore lobby 8Find out more on what the lobbies wanted and what they eventually got.Details
Domestic rig owners lobbied hard to get the three year idling limit on onshore rigs removed from ONGC's Bid Evaluation Criteria for rigs 8They wanted the criteria relaxed for only rigs idling in India 8But did it succeed? Click on Details to find out more Details
ONGC has finally taken a decision on whether the Bid Evaluation Criteria for selection of rigs should be changed to take into consideration bids from rigs which have been idling for more than three years, according to highly placed sources. 8As for onshore rigs, a decision was taken to exclude rigs which are idling outside of the country. 8But eventually the final decision came as a surprise to everyone Click on Details to find out moreDetails
A two-phase Rs 3500 crore port development programme is expected to receive financial closure in November, 2017 8Environment clearance too is expected around that time 8Construction work is expected around December, 2017 8Commissioning is expected in 2020 Click on Details to find out more Details
The bid for a developer will only be made after security clearance is obtained 8A proposal for security clearance was submitted in August, 2016 and was expected by November but has still not come through 8Bids will be invited only after security clearance is given 8Land acquisition will also proceed only after security clearance is given by the Ministry of Home Affairs Click on Details for moreDetails
Upon successful drilling of an exploratory well which has found gas reserves, post drilling requirements are coming up for the following items: 8HDPE lining 8Pipes 8Casing Pipes 8Riser Pipes 8Deep Tubewells 8And other miscellaneous items Click on Details for moreDetails
For reference purposes the website carries here the following tenders: 8Supply of Liquid Ammonia, Panipat Refinery Details 8Supply of Gate and Globe Valves, Guwahati Refinery Details 8Supply of Pressure Transmitter, Differential Pressure Transmitter etc. with Universal Input, Guwahati Refinery Details 8Supply of SS Pipe under third party Inspection with MTC Details 8Carrying out Steam Line Insulation Effectiveness Survey, Haldia Refinery Details 8Procurement of Heat Exchangers for VDU-II Revamp, Haldia Refinery Details 8Supply, supervision and other allied works for Heat Exchangers Details 8Providing Bio-Diesel & Ethanol facilities at Vizag installation, Andhra Pradesh Details 8EOI for Pipeline Training Simulator Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8California seeks permanent ban on oil, gas prospecting Details 8China raises retail fuel prices by most since Sept 2012 - state planner Details 8Haryana govt claims firms pledged investments worth Rs 1,700 crore Details 8Crude oil futures decline on weak overseas leads Details 8Brace for major petrol price hike, hit across sectors as crude prices double from January level Details 8US Fed raises key interest rate: Why it is not a good news for India Details 8India's fuel demand in November soars 12 per cent on demonetisationDetails 8Europe could absorb 40 bcm more gas per year if price right - studyDetails 8Researchers develop honeycomb-like structure to trap dangerous gasesDetails 8Haridwar to get natural gas supply pipeline by end of current fiscalDetails 8India's diesel demand boosts rare imports of the transport fuelDetails You can also click on Newsclips for moreDetails
Alphageo (India) Ltd is a seismic survey services provider in the E&P sector in India and even as the outlook for the sector remains dim, this company seems to be doing well. 8The company is involved in the design and preplanning of 2D and 3D surveys, seismic data acquisition in 2D and 3D, seismic data processing and reprocessing/special processing, seismic data interpretation, generation, evaluation, and ranking of prospects, reservoir data acquisition and reservoir analysis. 8This is a tough business to be in, but Alphageo seems be forging ahead. 8As on 30th Sept 2016, the outstanding order book of Alphageo was Rs. 1523 crore (to be completed by Oct 2019). 8The company is the largest player in this space and a large order book puts it in a comfortable position over the next 2-3 years. Click on Reports for full details on this companyDetails
CPCL is largest refinery in south India with a total installed capacity of 11.5 MMTPA 8Looking at the buoyant demand and production of downstream products, mildly rising crude prices and up move Singapore GRMs, the company's prospects look bright 8A 17km long new pipeline from Chennai port to Manali (to replace the existing one)is likely to be commissioned soon resulting in savings 8Then again, the Resid up-gradation project (likely from FY18) could help add GRM by USD 1.5-2/bbl 8Planned expansion of Nagapattinam refinery by 6-9 mn tones could add visibility to earnings over medium term 8Find out more on what CPCL has been up to and what the future has in store Click on Reports for moreDetails
A business development opportunity has come up for a dedicated 6 km gas pipeline It is a small project with the following paramters 8Pipeline diameter 125 mm 8Design Pressure 6 kg/cm2 8Design Capacity 15000 SCMD Click on Reports for moreDetails
A big 0.6 MMTPA LPG import facility is coming up along with the attendant evacuation network 8A feasibility study is currently going on. 8Capital approval date has not been finalized yet Click on Details of moreDetails
A feasibility report is under preparation for a straight 10 MMTPA expansion of an existing refinery 8The cost of the expansion is pegged at around Rs 18,000 crore 8The feasibility study is looking at the viability of the expansion of crude supply pipeline that must accompany the expansion 8Capital approval is slated for February, 2017 Click on Details for moreDetails
RFQs for procurement of Casing Pipes, Seam-less pipes and Electrical Rig is slated for May 2017. 8The cost for the exploratory drilling of the four wells is around Rs.180 crore. 8Environmental clearance is to be granted by April, 2017 8Further exploration and the developments will be proposed depending upon the feasibility of the exploratory wells 8Duration of operation and the temporary activity which will continue for about 6-9 months for each well depending on target depth. 8New Electrical rig will be used instead of conventional Mechanical rig, which will increase the Cost significantly with some nice advantages in return. The rig will be provided with solids handling system comprising Shale shakers, de-sander, de-silter and Degasser with vacuum pump. Click on Details for moreDetails
ONGC is looking for four Alternating Current Power generators with silicon-controlled-rectifier (SCR) system which will be required to meet the power requirements for the drilling of four exploratory wells 8The RFQ’s of Welding Equipments including the Gas Cylinders of Oxygen and acetylene will be released by May, 2017. Click on Details for moreDetails
Environmental clearance for a 1 MMPTA product pipeline is slated for November, 2017 8Preliminary planning is currently on for the pipeline Click on Details for moreDetails
Contractors have selected for a Rs 12,000 crore port development project 8The project will be implemented in two phases 8Phase –I of the project involves construction of 15 berths and 1 Single Buoy Mooring system 8Phase-II of the project involves construction of 11 more berths. 8Currently land pooling activity is going on 8Construction is expected in Q-2, 2018 Click on Details for moreDetails
The RFQs for the project are expected to be floated by by Q-1 2018. The Equipment and services requirement are as follows: 8Civil work services 8Harbour mobile cranes 8Unloaders 8Dredging services 8Wharfs 8Cargo handling Equipments 8pipelines 8Conveyors 8Containers 8Forklifts Click on Details for moreDetails
For reference purposes the website carries here the following tenders: 8Procurement of Pressure Relief Valves for BS VI Project Details 8Procurement of Diaphragm valves & spares, Gujarat Refinery Details 8Installation & Commissioning of Electric Motor Driven Crude Oil Dispatch Pumps, Assam Details 8Environment Impact Assessment, Risk Analysis and HAZOP study for stations and mainline, Viramgam Details 8Procurement of Di Ammonium Phosphate, Bongaigaon Refinery Details 8EOI for automated batch pigging system for pipeline interface minimization Details 8EOI for Optical Interface Detector for pipeline interface cutting Details 8EOI for Intrusion Detection System for pipelines Details 8Carrying out mechanical works for DHT Project, Mumbai Refinery Details 8Supply of CAT DE GAS to Mumbai Refinery for a period of two years Details 8Replacement of underground FF pipeline with above ground pipeline at Solapur LPG Plant Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India's retail inflation eases in November; experts comment Details 8Oil prices rise as Middle East producers confirm supply cuts Details 8Demonetisation biggest scam of the year, cashless economy is an excuse to justify move: P Chidambaram Details 8India saved Rs 4,866 crore through energy efficiency measures last fiscal Details 8Indonesia's Pertamina may sign deal with Iran for 2017 LPG imports Details 8Norway to launch 2017 mature-areas oil licensing on tuesday - 87 offsore blocks up for grabs Details 8GAIL gets 2nd extension for Kochi-Mangalore pipelineDetails 8Fuel rates may rise Rs 6 on global cuesDetails 8Slack data management exposed BP to high safety risk: leaked report Details 8Citrus Pay ties up with HPCL for cashless payments for LPG cylinders and at petrol pumpsDetails 8Indian basket of crude gains $3 after OPEC, non-OPEC output dealDetails 8Swan Energy gets nod for Rs 5,600-crore floating LNG terminalDetails 8Cashless fuel sales: State firms may take Rs 5,000 crore hitDetails 8Iran ultimatum on gasfieldDetails 8Indian Oil promotes cashless transactionsDetails You can also click on Newsclips for moreDetails
A business development opportunity is coming up for a Rs 150 crore LPG storage and bottling facility 8Bulk storage and bottling equipment will be needed Click on Reports for moreDetails
In many ways the coal industry is in severe stress. 8Coal prices have risen in 2016 amidst high volatility and uncertainty. 8Here is what is happening to the industry: 8Global demand growth to stall in the next coming years 8With decline in Europe and US almost offsetting increase in India and ASEAN region, China will determine the global trends 8In China, coal demand is in structural and slow decline driven by a new economic growth model and diversification from coal 8However, dependence on coal of China will remain and demand in 2021 is forecast higher than in 2015 8Coal trade contracts, but recovers over time 8Viet Nam, Malaysia, Pakistan, Philippines, Morocco and other importers add up to increase coal trade 8Coal prices have strongly rebounded up in 2016. As a result, the coal industry has found some relief 8Looking ahead, low costs, slugging demand and structural oversupply in China do not support high prices 8Despite concrete progress, CCS development requires stronger support and commitment by governments 8Without CCS deployment, coal’s future is seriously challenged, but that can also upset the global climate targets Click on Reports for moreDetails
The website carries here a detailed list of EIL projects on the pipeline These include 8BS-VI projects 8LNG terminals 8Overseas projects Click on Reports for moreDetails
Engineers India Ltd. (EIL) seems to be riding high. 8The company's Order Book target of current fiscal year has been met and it is now planning to report twice of what it had guided for in order book growth at the start of 2016-17. 8EIL has developed strong relationships with the domestic oil marketing companies which helps it win large orders. 8The shift to a gas economy is another growth area for EIL. An agreement with Gazprom to study the construction of a gas pipeline to India from Russia is an example. 8Zero debt, a track record of healthy cash flows and consistent dividend payout ratio are all indicators that the good times are here for EIL Click on Reports for more on the companyDetails
RIL is seeking access to the India's longest LPG pipeline to be able to move its own LPG 8RIL wants to put its own LPG into the pipeline, either by importing it or from its Jamnagar refineries Click on Details for moreDetails
RFQs for a Rs 8000 crore upgradation-cum-expansion programme will be floated in June, 2017 8Only the first phase of the two-phase expansion will take place as of now 8The first phase will involve front end engineering design of both phases 8Only the implementation will be phased out Click on Details for moreDetails
An offshore platform project is likely to see the following tenders coming out shortly Services 8Engineering consultancy services Materials 8Requirements are coming up for insulated materials, pipings, valves, and pipe fittings 8Generators will be ordered on BHEL 8Tenders for other major equipments like compressors, turbines and smaller components like pumps, motors and auxiliary equipment will be released after some time. Click on Details for moreDetails
For reference purposes the website carries here the following tenders: 8EOI for provision of RoU maintenance services throughout Mangala Development Pipeline in Gujarat and Rajasthan Details 8Fabrication, Testing and Supply of Tube Bundles for Heat Exchangers, Mangalore Details 8Supply of Claus Reactor Catalyst for SRU Plants Details 8Repair and reassembly of DCV of Coke Cutting System, Panipat Refinery Details 8Procurement of Gate Valves for Pig Launcher and reveiver at entire VSPL, Visakhapatnam Details 8Annual Rate Contract for Pipeline ROU maintenance and other associated facilities of Pipeline Systems under Hazira Jurisdiction Details 8Procurement of Diethyl Aluminum Chloride, Pata Details 8Procurement and Installation of Gas handling and Gas purification system, Vijaipur Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8It will take 6 months for energy majors to get clarity on US policies: L&T Hydrocarbon's chief Details 8Output cut: Opec doomed to repeat history Details 8Goldman says non-OPEC output cut deal aimed at inventory glut Details 8Norway oil lobby sees investment decline to continue next two years Details 8Asian energy firms boosted with oil on non-OPEC output cut deal Details 8Record production of ethanol may cut fuel bill Details 8Govt to seek legal view on joining RIL arbitrationDetails 8Numaligarh refinery adds new product Special Boiling Point SpiritDetails 8GAIL gets 2nd extension for Kochi-Mangalore pipelineDetails 8From today, avail 0.75% discount for Cashless RefuellingDetails 8GAIL pipeline project to be over by Feb 2019 Details 8Top Indian gas utility pushes Gazprom for LNG price cutDetails 8Iran extends deadline for India on Farzad B gas fieldDetails 8GMC inks MoU with OIL, NRL on supply of wasteDetails You can also click on Newsclips for moreDetails
It is necessary for the petroleum ministry to take such international surveys seriously. 8For one, such surveys are conducted independently and they even out the biases. In that sense, the results are truly reflective of how the world views India with respect to other countries. 8It is not to be forgotten that investment is a fungible commodity and it can move anywhere in the world. So in the total global aggregation of E&P investments, a poor perception index will mean a lesser flow of investments in comparison to a country with a higher index. 8After all, every investor is looking at a good asset to park his money in order to get a good return on investment and such perception surveys have a big impact on the investor. 8If China is higher up, more money will flow there than here. 8If Pakistan is above India, that could well mean that given a choice between the two countries, funds will flow to Pakistan than India. 8It is true that it is not perception alone that determines investments, there are other factors too and here again, India scores badly. 8This has however been a legacy issue and the Modi government cannot be blamed for it The petroleum ministry in particular can only do so much and no more and the poor overall perception is a systemic problem rather than a specific ministry related issue. 8But what this government can do is to appoint a consultant for a survey of oil and gas and attendant regulations globally and then investigate where India falters when compared to the others. The DGH has done such a survey on E&P regulations taking a few specific countries into account but it was done in a ham handed and piecemeal manner. A broader and a deeper survey is needed for a better internal understanding of what we are doing and how we can do it better. 8And then perhaps it will be possible to isolate the problem areas and see if they can be resolved. 8While India has moved ahead with new oil and gas policy frameworks, is that enough in itself or more needs to be done? 8The survey is unequivocal in its answer to the question: Much more needs to be done before it can be said with confidence that enough has been done. Click on Reports for more Details
For reference purposes the website carries here the following tenders: 8Carrying out civil works at drill site in RDS area Details 8Spares for hydrocam system, Gujarat Refinery Details 8Carrying out Instrumentation works for Octamax project, Mathura Refinery Details 8Supply of control cables at HMRB pipelines, Haldia Refinery Details 8Repair and reassembly of DCV of Coke Cutting System installed in DCU, Panipat Refinery Details 8Supply of Thermocouple Elements for HGU-2 and DHDT Reactor Beds, Mathura Refinery Details 8Procurement of various types of pipelines, Duliajan Details 8Supply, Installation and Commissioning of 125 MT Workover Rig, Assam Details 8Hiring of Directional Drilling Services including Mud Service for three Horizontal Wells in the state of Assam aand Rajasthan Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Saudis are trying to figure out how to survive in a post-oil era Details 8Oil cartel seeks output cutbacks by non-member countries Details 8OPEC, non-OPEC agree first global oil pact since 2001 Details 8ONGC to roll out new 'basin' in Agartala by 2017 Details 8IOC keen to buy 26 pc stake in GSPC's Mundra LNG terminal Details 8ONGC awaits DGH nod for $5 bn KG-D5 gas development plan Details 8Iraq invites bids to build first phase of oil export pipeline to JordanDetails 8United Naga Council intensifies blockade in Manipur leading to fuel shortageDetails 8Fuel sales up 10 per cent after note banDetails 8Oil prices soar on global producer deal to cut crude outputDetails 8Pradhan to launch gas pipeline project tomorrowDetails 8India aims to join top 50 in World Bank's ease of business rankingDetails 8LNG giants Qatargas and RasGas to mergeDetails You can also click on Newsclips for moreDetails
The RFQ’s for the following equipment is expected to be floated from March, 2017: 8Storage tanks:3 x 1,90,000 m3 tanks 8Return gas blower, centrifugal – 18T/hr 8BOG compressors – 3 nos, reciprocating, 10.5 T/hr each, one re-condenser 8Gas engine generators (04 nos. 8.6 MW) for mainstay power 8LP vertical centrifugal LNG pumps installed in LNG tanks – 401 T/hr 86 nos + 1 HP LNG pumps, 205 t/hr each 8Vaporizer system (ORV for continuous, normal operation and SCV 5+1 nos for intermittent, abnormal operation) 8Flare stack, 80 m high, 60 T/hr 8Metering and sendout facility 8Truck loading facility (4 bays, each equipped wth 3” loading and 3” vapour return line) – 80 m3/hr each 8Firefighting system (3 electric and 6 diesel driven, discharge 850 m3/hr) and fire water reservoir 8Unloading Arms 8Trestles 8Floating pontoon with mixer machine and cranes 8Dumpers 8Generators 8Dozers 8Excavators 8Transit Mixers The jetty will be used by: 8Multipurpose carriers 8Bulk Carriers 8Crude oil tankers 8Liquid Gas carriers 8Cargo Vessels 8Container ships 8Bulk carriers Click on Details for moreDetails
For reference purposes, the website carries here details of CNG related activities as on December 7, 2016 in the following manner: 8Name of the state 8PNG connections 8CNG stations Click on Reports for moreDetails
When is the likely date fixed for completion of the controversial Kochi-Koottanad-Bangalore-Mangalore gas pipeline? 8Not anytime soon. 8GAIL now admits that the pipeline which was meant to have been completed by June, 2015 will take up to four more years to be commissioned because of intense resistance from farmers over acquisition of land for the right of way to the line. 8The next deadline has been reset to February, 2019 Click on Reports for moreDetails
Why is the general perception on India so poor? 8The survey quotes one of the respondent as saying, "“Getting environmental clearance can be a prolonged process. Even after getting environmental permission, there can be nasty surprises. 8Decisions within the bureaucracy can also be a long, drawn-out procedure.” 8India's lower score is on account of negative perceptions on the policy front. 8The fiscal terms in India are considered to be a big deterrent but it is a lower deterrent in Pakistan. Even China does not score well in this index and fiscal terms are seen to be as big a deterrent in China as they are in India, 8Then again, India's taxation burden is seen to be considerably larger than Pakistan but China's burden is seen as much higher 8Then how does China make a higher score than India? 8China's environmental licensing norms are seen to be much less cumbersome. Pakistan too scores higher than India on this count. 8There are also more respondents not wanting to investment in India than in China or Pakistan as a result of uncertainties in interpretation and implementation of policies. 8The cost of regulatory compliance too is seen to be much higher in India and is seen as a big deterrent than in other countries 8Trade barriers however are a lesser of deterrent in India than in China or Pakistan 8Surprisingly, we are less of a deterrent on labour regulations than China or Pakistan and we are higher up on the ladder on this count than quite a few countries 8Our quality of infrastructure too is less of problem than Pakistan's. 8India is high up on labour availability and skills but we rank lower in terms of our quality of geological database. 8We are also ahead of others in terms of political stability despite our fractious politics Click on Reports to find out more on how India figures on other factors such as "security", "regulatory duplication and inconsistencies" and "legal system processes", Details
There can always be an argument that global perceptions are formed over many years and the Modi government cannot change such perceptions in the short period of time it has been in power. 8And the new government's impact was indeed felt in the policy perception index. 8There was a good 10 point jump in the index over the last two years. 8The point to note however is that 2016 saw a lot of traction on the E&P policy front in India. 8And yet, India was down on the policy perception index this year. We scored 49.71 points in 2016 as against 50.17 in 2015. 8Other Asian countries didn't do well too in 2016 compared to 2015, there was a slight dipping for everyone in 2016 over 2015. 8But the point to note is that we supposedly made a big push this year, with new policies, but clearly this wasn't reflected in the index. Click on Reports to download the surveyDetails
It is always good for all of us to pause and do a bit of self introspection. It calms down both the body and the soul. 8The fact that India continued to rank poorly as an investment destination in the newly released 10th annual survey of petroleum sector executives around the world carried out by a prestigious non-profit global institute is probably as good a time as any for some serious self introspection. 8The survey identifies countries with the greatest barriers to investments in the oil & gas industry. The survey is confined to the oil & gas executives in the upstream sector. The jurisdictions included in this year’s survey comprise 66 percent of global oil and gas reserves and 75 percent of global oil and gas production. 8India is placed 30th among 36 countries with "medium reserve holdings" in terms of policy perception in the global survey. 8Thailand, Malaysia, Vietnam and even Pakistan come before India 8Among Asian countries included in the survey, India is in the absolute bottom. Only Bangladesh ranks below us 8China's Perception Index is at 65.80 while India's is way down at 49.77 8Among 100 countries overall, India is placed at 80. 8Yes, we have gained 3 points in the index in 2016 over 2015, from 46.58 to 49.77 but we have not recovered from the high of 59.95 achieved in 2013. In 2014, India's perception index fell precipitously to 41.18 points and while it recovered 10 points in the interim until 2016, it never really made up for the body blow felt in 2014. 8A lot more needs to be done by the policy makers before India can be taken as a serious investment destination by the global E&P community. 8In the midst of all the hype about our prowess, we need to take into cognizance what the world community really thinks of us and why Click on Reports to download the surveyDetails
The 0.75% discount introduced by the government on fuel bought via digital methods at state-run pumps is more marketing strategy than masked subsidy. 8Even assuming 70% of transactions at the state owned outlets go digital, IOCL, BPCL and HPCL could see a worst-case earnings hit of 8-14% in FY18 if they are unable to pass on these costs 8IOC is likely to be IOCL would be the least affected as its marketing business forms only 18% of volumes as compared to 40-50% for BPCL/HPCL. 8Digital transactions will no doubt lead to greater transparency and efficiency. 8But the government order does not restrain the OMCs from passing the discount back to the customer as prices are now fully deregulated. 8In any case, the OMCs' cost plus pricing mechanism is highly non-transparent and it was none other than Subir Raha who pointed this out when ONGC had to provide heavy discounts on the crude sold to public sector refineries to make up for the under recoveries in the sale of petrol, diesel, SKO and LPG. Click on Reports to find out more on how the discount can impact the financials of the OMCs under different scenarios Details