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New CGD units: Big business opportunities ahead. ONGC's jackup rig requirement: More tenders coming up. B.C. Tripathi: Finally facing the heat. Rs 625 crore development drilling in Assam: RFQ for GGS soon, others to follow. When will RIL begin finally processing the award of tenders for the MJ-1 discovery?. Rs 180 crore crore gas field development: Delayed. ONGC's PEC tender ends with no wins, for now. OMCs need not worry about electric vehicles, not till 2030. Midstream and downstream project updates. ONGC's Pipeline replacement programme: Several contenders to be in race. IEA's medium term outlook gives fillip to tanker market. Software updates: Fertilizer projects. HPCL's Barmer Crude and Distillation units: New players to be in fray. LNG charter hire market: Undergoing a transformation. ONGC's EOR tender: Large number of participants. Download Tenders and Newsclips. Power plants facing coal shortage: Find out the details. Power Sector: Projects in pipeline. Gas special-I: Bunch of new projects coming up capable of delivering gas to India at $6/mmbtu. Gas special-II: Will Mozambique be able to deliver at $6/mmbtu.
New CGD units: Big business opportunities ahead
ONGC's jackup rig requirement: More tenders coming up
B.C. Tripathi: Finally facing the heat
Mar 25:
GAIL Chairman B.C. Tripathi has a way of ingratiating himself to whoever has been in power. During the Manmohan Singh era, he built an expensive, subsidy-ridden and eventually unviable gas cracker in Assam, from where the Prime Minister was consistently elected to the Rajya Sabha. During the Modi era, Tripathi impressed the powers that be with his willingness to build trunk pipelines which the private sector would have been unwilling to construct.
8But Tripathi's effort to elicit a second extension of his tenure until he retires in January 2020 seems to have run into rough weather.
Click on Details for more Details
8But Tripathi's effort to elicit a second extension of his tenure until he retires in January 2020 seems to have run into rough weather.
Click on Details for more Details
Rs 625 crore development drilling in Assam: RFQ for GGS soon, others to follow
Mar 25:
8Project Name: Development Drilling
8Project Cost: Rs 625 crore
8Project Description: Oil and Natural Gas Corporation Limited (ONGC) is planning development drilling of 28 wells, an Early Production System at Kasomarigaon and a Group Gathering Station (GGS) in 6 PML blocks, in the Golaghat district of Assam. The company is soon expected to float the RFQ for the hiring of an LSTK contractor for the attached GGS. Further RFQs are expected to follow.
Click here for more details Details
8Project Cost: Rs 625 crore
8Project Description: Oil and Natural Gas Corporation Limited (ONGC) is planning development drilling of 28 wells, an Early Production System at Kasomarigaon and a Group Gathering Station (GGS) in 6 PML blocks, in the Golaghat district of Assam. The company is soon expected to float the RFQ for the hiring of an LSTK contractor for the attached GGS. Further RFQs are expected to follow.
Click here for more details Details
When will RIL begin finally processing the award of tenders for the MJ-1 discovery?
Mar 25:
There is still speculation on when the awards will go through.
8The FID process is currently on, it seems
Click on Details for more Details
8The FID process is currently on, it seems
Click on Details for more Details
Rs 180 crore crore gas field development: Delayed
Mar 25:
8Project Name: Gas Field Development
8Project Cost: Rs 180 crore
8Project Description: Oil and Natural Gas Corporation Limited's RFQs for the hiring of equipment for 18 well development drilling programme in the Tichna Gas Field in Hrishyamukh, South Tripura have been delayed. The reason being the delay in the grant of the wildlife clearance of the project. The project involves the construction of well manifold, drilling of 9 new development wells and conversion of 9 exploration wells along with the laying of associated flow lines. RFQs are now expected by Q4, 2019
Click here for more details
8Vecto Gray bags Well Tubing Spool and Hanger contract
Click on Details to find out more Details
8Project Cost: Rs 180 crore
8Project Description: Oil and Natural Gas Corporation Limited's RFQs for the hiring of equipment for 18 well development drilling programme in the Tichna Gas Field in Hrishyamukh, South Tripura have been delayed. The reason being the delay in the grant of the wildlife clearance of the project. The project involves the construction of well manifold, drilling of 9 new development wells and conversion of 9 exploration wells along with the laying of associated flow lines. RFQs are now expected by Q4, 2019
Click here for more details
8Vecto Gray bags Well Tubing Spool and Hanger contract
Click on Details to find out more Details
ONGC's PEC tender ends with no wins, for now
Mar 25:
Schlumberger was the sole bidder for the Geleki oil field in Assam under ONGC's Production Enhancement Contract system even though Baker Hughes and Halliburton showed initial interest.
8But a deal for takeover of the field by the multinational seems to have run into trouble.
Click on Details for more Details
8But a deal for takeover of the field by the multinational seems to have run into trouble.
Click on Details for more Details
OMCs need not worry about electric vehicles, not till 2030
Midstream and downstream project updates
Mar 25:
8Project Name: Gujarat Refinery Greenfield Pipeline Development
8Project Cost: Rs 450 crore
8Project Description: Civil and structural work for plant and non-plant buildings, including tank construction work (pad work, dike work) ,was awarded to Pratik Enterprises, Ahmedabad. Advance Infrastructures Pvt. Ltd. has got the contract for erection of a water pipeline from Gujarat refinery to Dumad terminal and other associated work. Further RFQs are expected soon.
Click here for more details
8Project Name: Visakhapatnam-Vijaywada-Secuberabad Petroleum Product Pipeline Expansion Project
8Project Cost: Rs 2485 crore
Get the latest update here
Click here for more details
8Project Name: Barkhani Greenfield LPG Bottling Plant
8Project Cost: Rs 103 crore
8Project Description: RFQs for the long lead items have already come out. Further RFQs are expected soon.
8Project Event: RFQ for the civil and structural work is expected by May 2019.
8Expenditure Approval: Q2:2017
8RFQ Date: May/2019
8Release Date: May/2019
8Start Date: Q4:2018
8Completion Date: Q4:2020
Click here for more details Details
8Project Cost: Rs 450 crore
8Project Description: Civil and structural work for plant and non-plant buildings, including tank construction work (pad work, dike work) ,was awarded to Pratik Enterprises, Ahmedabad. Advance Infrastructures Pvt. Ltd. has got the contract for erection of a water pipeline from Gujarat refinery to Dumad terminal and other associated work. Further RFQs are expected soon.
Click here for more details
8Project Name: Visakhapatnam-Vijaywada-Secuberabad Petroleum Product Pipeline Expansion Project
8Project Cost: Rs 2485 crore
Get the latest update here
Click here for more details
8Project Name: Barkhani Greenfield LPG Bottling Plant
8Project Cost: Rs 103 crore
8Project Description: RFQs for the long lead items have already come out. Further RFQs are expected soon.
8Project Event: RFQ for the civil and structural work is expected by May 2019.
8Expenditure Approval: Q2:2017
8RFQ Date: May/2019
8Release Date: May/2019
8Start Date: Q4:2018
8Completion Date: Q4:2020
Click here for more details Details
ONGC's Pipeline replacement programme: Several contenders to be in race
Mar 25:
Who are in the race for ONGC's Pipeline Replacement Project-VI, which involves replacing of oil pipelines and modification of platforms in Mumbai High?
8The $200 million contract will see a fair amount of competition, but the battle will eventually be fought by only a couple of bidders
Click on Details for more Details
8The $200 million contract will see a fair amount of competition, but the battle will eventually be fought by only a couple of bidders
Click on Details for more Details
IEA's medium term outlook gives fillip to tanker market
Mar 25:
Earlier this month the IEA released its medium-term outlook for the global oil markets, which projected an average 1.2 million b/d per annum growth in consumption between 2018 and 2024, driven by the expansion of the petrochemical industry and the fast-growing aviation sector.
8Asia Pacific will see the fastest growth in consumption, accounting for 62% of the total increase in demand as oil production in the region drops from current levels.
Click on Reports for more on how this is going to pan out for the crude tanker industry Details
8Asia Pacific will see the fastest growth in consumption, accounting for 62% of the total increase in demand as oil production in the region drops from current levels.
Click on Reports for more on how this is going to pan out for the crude tanker industry Details
Software updates: Fertilizer projects
Mar 25:
Ammonia-Urea Brownfield Project
8Cost - Rs 6000 crore
8Project Event: RFQ for Civil & Structural Works for main utility substation, Silo Substation, and Warehouse has been out and bid closing date is 8 April, technical bid opening date is 9 April 2019.
Click here for more details
SSP Fertilizer Greenfield Project
8Cost - Rs 90 crore
8Project Event: The discussion process is ongoing for the finalization of an LSTK contractor. The contractor is likely to be finalized in April 2019.
Click here for more details Details
8Cost - Rs 6000 crore
8Project Event: RFQ for Civil & Structural Works for main utility substation, Silo Substation, and Warehouse has been out and bid closing date is 8 April, technical bid opening date is 9 April 2019.
Click here for more details
SSP Fertilizer Greenfield Project
8Cost - Rs 90 crore
8Project Event: The discussion process is ongoing for the finalization of an LSTK contractor. The contractor is likely to be finalized in April 2019.
Click here for more details Details
HPCL's Barmer Crude and Distillation units: New players to be in fray
Mar 25:
A whole lot of new bidders are expected to make their way into the tender for Crude and Vacuum Distillations units in the Barmer refinery.
8Find out who could be in the race
Click on Details for more Details
8Find out who could be in the race
Click on Details for more Details
LNG charter hire market: Undergoing a transformation
Mar 25:
Fixture activity in the LNG charter market continues to increase but with a twist.
8Interestingly however, average charter duration increased in 2018 as a result of more term charters.
8What is more, spot chartering activity.
8Find out more on what is going on in the LNG transportation market
Click on Reports for more Details
8Interestingly however, average charter duration increased in 2018 as a result of more term charters.
8What is more, spot chartering activity.
8Find out more on what is going on in the LNG transportation market
Click on Reports for more Details
ONGC's EOR tender: Large number of participants
Mar 25:
ONGC's Enhanced Oil Recovery tender for a surfactant-based chemical injection plan in 12 fields across Assam and Gujarat has attracted more bidders than was anticipated.
8The meeting was held earlier this month at the Institute of Reservoir Studies in Ahmedabad.
Find out which companies participated in the pre-bid conference Details
8The meeting was held earlier this month at the Institute of Reservoir Studies in Ahmedabad.
Find out which companies participated in the pre-bid conference Details
Download Tenders and Newsclips
Mar 25:
For reference purposes the website carries here the following tenders:
8Assorted pipes on Annual Rate Contract basis for pipeline project Details
8Supply of flanges and fittings for pipeline project Details
8Hiring of DSM Manpower services Details
8Supply, Transportation and Installation of RVI together with Comprehensive Annual Maintenance Details
8Supply of BQ Plates to Kota and Rayagada LPG Plant Details
8Project Managment Consultancy services for LPG Cavern Details
8Restoration works for abandoned location Details
8Supply of flexible stainless steel hose for choke and kill lines Details
8Procurement of new raw water Pipe Lines for Sarapady Details
8Port Services for Import and Export of White Oil Petroleum products at Hazira port Details
8Supply of Conveyor Belt Steel Cords Details
8Procurement of Wooden Beams & Planks for Well Services Details
8Procurement of calcium chloride Details
8Procurement of supply of various types & sizes of flanges Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8DMK’s J Swamikannu travelled to Sri Lanka for record FDI oil refinery deal Details
8Lanka breaks ground for oil refinery with investments from Indian firm & Oman Details
8RIL denies sidestepping US sanctions on Venezuela Details
8Change in gas allocation policy key risk to profitability of city gas entities: ICRA Details
8Private Indian firms have stopped importing oil from Venezuela: US Details
8Japan's JERA to enter hydrogen fuel business with JXTG Details
8Hungary to buy 2020 gas supplies early from Russia Details
8Gazprom expects tough competition from US LNG exports to Europe Details
8Oil prices near 2019 highs amid OPEC supply cuts, US sanctions Details
8Brazil to present plan to overhaul natural gas sector by June -minister Details
8PetroChina plans biggest capital expenditure in 4 years Details
8US sanctions: India may step up oil imports from Brazil, Mexico Details
8Austria's OMV and ADNOC to cooperate on petrochemical projects Details
8Oil prices fall as markets brace for potential U.S. recession Details
8Houston petrochemical disaster stretches to sixth day, impacting key port Details
8Brazil's Petrobras to spend $320 mln to hedge part of oil output Details
8Italy signs deals worth 2.5 bln euros with China; Energy, infra in focus Details
8Tanzania to conclude talks for delayed LNG project in September Details
8Hedge funds boost bullish U.S. crude oil wagers -Commodities FTC Details
8INNOVATION: New method to purify water used in oil refineries Details
8Uniper sells stake in Italian LNG plant in 400 million euro deal Details
8Energy giants spent $1 billion on climate lobbying, PR since Paris: watchdog Details
8China's CNOOC doubles net profit in 2018, best performance in four yrs Details
8BRIEF: Moody's says North American natural gas going global on abundant supply, rising demand Details
8Sri Lanka says Oman Oil still keen on refinery project Details
You can also click on Newsclips for more Details
8Assorted pipes on Annual Rate Contract basis for pipeline project Details
8Supply of flanges and fittings for pipeline project Details
8Hiring of DSM Manpower services Details
8Supply, Transportation and Installation of RVI together with Comprehensive Annual Maintenance Details
8Supply of BQ Plates to Kota and Rayagada LPG Plant Details
8Project Managment Consultancy services for LPG Cavern Details
8Restoration works for abandoned location Details
8Supply of flexible stainless steel hose for choke and kill lines Details
8Procurement of new raw water Pipe Lines for Sarapady Details
8Port Services for Import and Export of White Oil Petroleum products at Hazira port Details
8Supply of Conveyor Belt Steel Cords Details
8Procurement of Wooden Beams & Planks for Well Services Details
8Procurement of calcium chloride Details
8Procurement of supply of various types & sizes of flanges Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8DMK’s J Swamikannu travelled to Sri Lanka for record FDI oil refinery deal Details
8Lanka breaks ground for oil refinery with investments from Indian firm & Oman Details
8RIL denies sidestepping US sanctions on Venezuela Details
8Change in gas allocation policy key risk to profitability of city gas entities: ICRA Details
8Private Indian firms have stopped importing oil from Venezuela: US Details
8Japan's JERA to enter hydrogen fuel business with JXTG Details
8Hungary to buy 2020 gas supplies early from Russia Details
8Gazprom expects tough competition from US LNG exports to Europe Details
8Oil prices near 2019 highs amid OPEC supply cuts, US sanctions Details
8Brazil to present plan to overhaul natural gas sector by June -minister Details
8PetroChina plans biggest capital expenditure in 4 years Details
8US sanctions: India may step up oil imports from Brazil, Mexico Details
8Austria's OMV and ADNOC to cooperate on petrochemical projects Details
8Oil prices fall as markets brace for potential U.S. recession Details
8Houston petrochemical disaster stretches to sixth day, impacting key port Details
8Brazil's Petrobras to spend $320 mln to hedge part of oil output Details
8Italy signs deals worth 2.5 bln euros with China; Energy, infra in focus Details
8Tanzania to conclude talks for delayed LNG project in September Details
8Hedge funds boost bullish U.S. crude oil wagers -Commodities FTC Details
8INNOVATION: New method to purify water used in oil refineries Details
8Uniper sells stake in Italian LNG plant in 400 million euro deal Details
8Energy giants spent $1 billion on climate lobbying, PR since Paris: watchdog Details
8China's CNOOC doubles net profit in 2018, best performance in four yrs Details
8BRIEF: Moody's says North American natural gas going global on abundant supply, rising demand Details
8Sri Lanka says Oman Oil still keen on refinery project Details
You can also click on Newsclips for more Details
Power plants facing coal shortage: Find out the details
Mar 25:
A cumulative capacity of about 38,000 MW power plants is facing the coal shortage having of stocks less than a week.
8Most of the shortage of coal is where the mode of transportation of fuel is through Rail.
8The Union Government has proposed a Rapid Loading System in December 2018 to minimize the loading time of coal in rail racks and enhance dispatch. But, there is no sign of any movement on this front.
Click on Reports to find out the detailed present coal stock at different power plants Details
8Most of the shortage of coal is where the mode of transportation of fuel is through Rail.
8The Union Government has proposed a Rapid Loading System in December 2018 to minimize the loading time of coal in rail racks and enhance dispatch. But, there is no sign of any movement on this front.
Click on Reports to find out the detailed present coal stock at different power plants Details
Power Sector: Projects in pipeline
Mar 25:
Project Name: Greenfield Hydroelectric Power Project
8Project Cost: 1500 crores
8Project Description: The civil and hydromechanical works package in a hydel power project is getting delayed.
8EC was accorded earlier but the techno-economic clearance is pending.
8Also, the local protests at the site is a major hindrance.
8Find out the RFQs expected
8Start Date: 2020
8Completion Date: 2025
Click here for more details
Project Name: Super Thermal Power Project: Installation of Chloride Dosing System
8Project Cost: 15 crores
8Project Description: NTPC plans to implement poly-aluminum chloride dosing system in its operating power plant.
8Tender specifications of the project are getting prepared.
8RFQs are expected in the Q-3 2019.
8Start Date: 2020
8Completion Date: 2021
Click here for more details Details
8Project Cost: 1500 crores
8Project Description: The civil and hydromechanical works package in a hydel power project is getting delayed.
8EC was accorded earlier but the techno-economic clearance is pending.
8Also, the local protests at the site is a major hindrance.
8Find out the RFQs expected
8Start Date: 2020
8Completion Date: 2025
Click here for more details
Project Name: Super Thermal Power Project: Installation of Chloride Dosing System
8Project Cost: 15 crores
8Project Description: NTPC plans to implement poly-aluminum chloride dosing system in its operating power plant.
8Tender specifications of the project are getting prepared.
8RFQs are expected in the Q-3 2019.
8Start Date: 2020
8Completion Date: 2021
Click here for more details Details
Gas special-I: Bunch of new projects coming up capable of delivering gas to India at $6/mmbtu
Mar 22:
A bunch of new projects coming up can profitably supply LNG profitably to India at a delivered price of $6/mmbtu.
8A benchmark price of $6/mmbtu has been set as being "affordable" for a low-income country like India.
8This is the LNG price at which a significant uptake in demand can be expected. Incidentally, this is also the cut-off price at which sensitivities have been conducted for gas out of new discoveries out of the KG Basin.
8Pushing delivered gas supplies to India at this price will mean a combination of low cost upstream gas supply, low liquefaction costs and competitive freight rates
8Interesting more than existing LNG projects, it is the new breed of LNG projects coming up, which seem to fulfill this litmus test.
Click on Reports for more Details
8A benchmark price of $6/mmbtu has been set as being "affordable" for a low-income country like India.
8This is the LNG price at which a significant uptake in demand can be expected. Incidentally, this is also the cut-off price at which sensitivities have been conducted for gas out of new discoveries out of the KG Basin.
8Pushing delivered gas supplies to India at this price will mean a combination of low cost upstream gas supply, low liquefaction costs and competitive freight rates
8Interesting more than existing LNG projects, it is the new breed of LNG projects coming up, which seem to fulfill this litmus test.
Click on Reports for more Details
Gas special-II: Will Mozambique be able to deliver at $6/mmbtu
Mar 22:
The Mozambique LNG project -- where the Indian trio of ONGC, OIL and BPCL are heavily invested -- will have the shortest distance to India's regasification plants.
8A 2025 projection shows that the lowest shipping cost to India, after Qatar, is from Mozambique, at a mere $0.7/mmbtu.
8Even so, will the project be able to deliver LNG at the affordable cost of $6/mmbtu. If it can, then Mozambique can provide an almost unlimited amount of LNG from subsequent brownfield iterations to its existing projects.
8But will it able to hold the price line at $6/mmbtu?
Click on Reports for more Details
8A 2025 projection shows that the lowest shipping cost to India, after Qatar, is from Mozambique, at a mere $0.7/mmbtu.
8Even so, will the project be able to deliver LNG at the affordable cost of $6/mmbtu. If it can, then Mozambique can provide an almost unlimited amount of LNG from subsequent brownfield iterations to its existing projects.
8But will it able to hold the price line at $6/mmbtu?
Click on Reports for more Details
New CGD units: Big business opportunities ahead
ONGC's jackup rig requirement: More tenders coming up
B.C. Tripathi: Finally facing the heat
Mar 25:
GAIL Chairman B.C. Tripathi has a way of ingratiating himself to whoever has been in power. During the Manmohan Singh era, he built an expensive, subsidy-ridden and eventually unviable gas cracker in Assam, from where the Prime Minister was consistently elected to the Rajya Sabha. During the Modi era, Tripathi impressed the powers that be with his willingness to build trunk pipelines which the private sector would have been unwilling to construct.
8But Tripathi's effort to elicit a second extension of his tenure until he retires in January 2020 seems to have run into rough weather.
Click on Details for more Details
8But Tripathi's effort to elicit a second extension of his tenure until he retires in January 2020 seems to have run into rough weather.
Click on Details for more Details
Rs 625 crore development drilling in Assam: RFQ for GGS soon, others to follow
Mar 25:
8Project Name: Development Drilling
8Project Cost: Rs 625 crore
8Project Description: Oil and Natural Gas Corporation Limited (ONGC) is planning development drilling of 28 wells, an Early Production System at Kasomarigaon and a Group Gathering Station (GGS) in 6 PML blocks, in the Golaghat district of Assam. The company is soon expected to float the RFQ for the hiring of an LSTK contractor for the attached GGS. Further RFQs are expected to follow.
Click here for more details Details
8Project Cost: Rs 625 crore
8Project Description: Oil and Natural Gas Corporation Limited (ONGC) is planning development drilling of 28 wells, an Early Production System at Kasomarigaon and a Group Gathering Station (GGS) in 6 PML blocks, in the Golaghat district of Assam. The company is soon expected to float the RFQ for the hiring of an LSTK contractor for the attached GGS. Further RFQs are expected to follow.
Click here for more details Details
When will RIL begin finally processing the award of tenders for the MJ-1 discovery?
Mar 25:
There is still speculation on when the awards will go through.
8The FID process is currently on, it seems
Click on Details for more Details
8The FID process is currently on, it seems
Click on Details for more Details
Rs 180 crore crore gas field development: Delayed
Mar 25:
8Project Name: Gas Field Development
8Project Cost: Rs 180 crore
8Project Description: Oil and Natural Gas Corporation Limited's RFQs for the hiring of equipment for 18 well development drilling programme in the Tichna Gas Field in Hrishyamukh, South Tripura have been delayed. The reason being the delay in the grant of the wildlife clearance of the project. The project involves the construction of well manifold, drilling of 9 new development wells and conversion of 9 exploration wells along with the laying of associated flow lines. RFQs are now expected by Q4, 2019
Click here for more details
8Vecto Gray bags Well Tubing Spool and Hanger contract
Click on Details to find out more Details
8Project Cost: Rs 180 crore
8Project Description: Oil and Natural Gas Corporation Limited's RFQs for the hiring of equipment for 18 well development drilling programme in the Tichna Gas Field in Hrishyamukh, South Tripura have been delayed. The reason being the delay in the grant of the wildlife clearance of the project. The project involves the construction of well manifold, drilling of 9 new development wells and conversion of 9 exploration wells along with the laying of associated flow lines. RFQs are now expected by Q4, 2019
Click here for more details
8Vecto Gray bags Well Tubing Spool and Hanger contract
Click on Details to find out more Details
ONGC's PEC tender ends with no wins, for now
Mar 25:
Schlumberger was the sole bidder for the Geleki oil field in Assam under ONGC's Production Enhancement Contract system even though Baker Hughes and Halliburton showed initial interest.
8But a deal for takeover of the field by the multinational seems to have run into trouble.
Click on Details for more Details
8But a deal for takeover of the field by the multinational seems to have run into trouble.
Click on Details for more Details
OMCs need not worry about electric vehicles, not till 2030
Midstream and downstream project updates
Mar 25:
8Project Name: Gujarat Refinery Greenfield Pipeline Development
8Project Cost: Rs 450 crore
8Project Description: Civil and structural work for plant and non-plant buildings, including tank construction work (pad work, dike work) ,was awarded to Pratik Enterprises, Ahmedabad. Advance Infrastructures Pvt. Ltd. has got the contract for erection of a water pipeline from Gujarat refinery to Dumad terminal and other associated work. Further RFQs are expected soon.
Click here for more details
8Project Name: Visakhapatnam-Vijaywada-Secuberabad Petroleum Product Pipeline Expansion Project
8Project Cost: Rs 2485 crore
Get the latest update here
Click here for more details
8Project Name: Barkhani Greenfield LPG Bottling Plant
8Project Cost: Rs 103 crore
8Project Description: RFQs for the long lead items have already come out. Further RFQs are expected soon.
8Project Event: RFQ for the civil and structural work is expected by May 2019.
8Expenditure Approval: Q2:2017
8RFQ Date: May/2019
8Release Date: May/2019
8Start Date: Q4:2018
8Completion Date: Q4:2020
Click here for more details Details
8Project Cost: Rs 450 crore
8Project Description: Civil and structural work for plant and non-plant buildings, including tank construction work (pad work, dike work) ,was awarded to Pratik Enterprises, Ahmedabad. Advance Infrastructures Pvt. Ltd. has got the contract for erection of a water pipeline from Gujarat refinery to Dumad terminal and other associated work. Further RFQs are expected soon.
Click here for more details
8Project Name: Visakhapatnam-Vijaywada-Secuberabad Petroleum Product Pipeline Expansion Project
8Project Cost: Rs 2485 crore
Get the latest update here
Click here for more details
8Project Name: Barkhani Greenfield LPG Bottling Plant
8Project Cost: Rs 103 crore
8Project Description: RFQs for the long lead items have already come out. Further RFQs are expected soon.
8Project Event: RFQ for the civil and structural work is expected by May 2019.
8Expenditure Approval: Q2:2017
8RFQ Date: May/2019
8Release Date: May/2019
8Start Date: Q4:2018
8Completion Date: Q4:2020
Click here for more details Details
ONGC's Pipeline replacement programme: Several contenders to be in race
Mar 25:
Who are in the race for ONGC's Pipeline Replacement Project-VI, which involves replacing of oil pipelines and modification of platforms in Mumbai High?
8The $200 million contract will see a fair amount of competition, but the battle will eventually be fought by only a couple of bidders
Click on Details for more Details
8The $200 million contract will see a fair amount of competition, but the battle will eventually be fought by only a couple of bidders
Click on Details for more Details
IEA's medium term outlook gives fillip to tanker market
Mar 25:
Earlier this month the IEA released its medium-term outlook for the global oil markets, which projected an average 1.2 million b/d per annum growth in consumption between 2018 and 2024, driven by the expansion of the petrochemical industry and the fast-growing aviation sector.
8Asia Pacific will see the fastest growth in consumption, accounting for 62% of the total increase in demand as oil production in the region drops from current levels.
Click on Reports for more on how this is going to pan out for the crude tanker industry Details
8Asia Pacific will see the fastest growth in consumption, accounting for 62% of the total increase in demand as oil production in the region drops from current levels.
Click on Reports for more on how this is going to pan out for the crude tanker industry Details
Software updates: Fertilizer projects
Mar 25:
Ammonia-Urea Brownfield Project
8Cost - Rs 6000 crore
8Project Event: RFQ for Civil & Structural Works for main utility substation, Silo Substation, and Warehouse has been out and bid closing date is 8 April, technical bid opening date is 9 April 2019.
Click here for more details
SSP Fertilizer Greenfield Project
8Cost - Rs 90 crore
8Project Event: The discussion process is ongoing for the finalization of an LSTK contractor. The contractor is likely to be finalized in April 2019.
Click here for more details Details
8Cost - Rs 6000 crore
8Project Event: RFQ for Civil & Structural Works for main utility substation, Silo Substation, and Warehouse has been out and bid closing date is 8 April, technical bid opening date is 9 April 2019.
Click here for more details
SSP Fertilizer Greenfield Project
8Cost - Rs 90 crore
8Project Event: The discussion process is ongoing for the finalization of an LSTK contractor. The contractor is likely to be finalized in April 2019.
Click here for more details Details
HPCL's Barmer Crude and Distillation units: New players to be in fray
Mar 25:
A whole lot of new bidders are expected to make their way into the tender for Crude and Vacuum Distillations units in the Barmer refinery.
8Find out who could be in the race
Click on Details for more Details
8Find out who could be in the race
Click on Details for more Details
LNG charter hire market: Undergoing a transformation
Mar 25:
Fixture activity in the LNG charter market continues to increase but with a twist.
8Interestingly however, average charter duration increased in 2018 as a result of more term charters.
8What is more, spot chartering activity.
8Find out more on what is going on in the LNG transportation market
Click on Reports for more Details
8Interestingly however, average charter duration increased in 2018 as a result of more term charters.
8What is more, spot chartering activity.
8Find out more on what is going on in the LNG transportation market
Click on Reports for more Details
ONGC's EOR tender: Large number of participants
Mar 25:
ONGC's Enhanced Oil Recovery tender for a surfactant-based chemical injection plan in 12 fields across Assam and Gujarat has attracted more bidders than was anticipated.
8The meeting was held earlier this month at the Institute of Reservoir Studies in Ahmedabad.
Find out which companies participated in the pre-bid conference Details
8The meeting was held earlier this month at the Institute of Reservoir Studies in Ahmedabad.
Find out which companies participated in the pre-bid conference Details
Download Tenders and Newsclips
Mar 25:
For reference purposes the website carries here the following tenders:
8Assorted pipes on Annual Rate Contract basis for pipeline project Details
8Supply of flanges and fittings for pipeline project Details
8Hiring of DSM Manpower services Details
8Supply, Transportation and Installation of RVI together with Comprehensive Annual Maintenance Details
8Supply of BQ Plates to Kota and Rayagada LPG Plant Details
8Project Managment Consultancy services for LPG Cavern Details
8Restoration works for abandoned location Details
8Supply of flexible stainless steel hose for choke and kill lines Details
8Procurement of new raw water Pipe Lines for Sarapady Details
8Port Services for Import and Export of White Oil Petroleum products at Hazira port Details
8Supply of Conveyor Belt Steel Cords Details
8Procurement of Wooden Beams & Planks for Well Services Details
8Procurement of calcium chloride Details
8Procurement of supply of various types & sizes of flanges Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8DMK’s J Swamikannu travelled to Sri Lanka for record FDI oil refinery deal Details
8Lanka breaks ground for oil refinery with investments from Indian firm & Oman Details
8RIL denies sidestepping US sanctions on Venezuela Details
8Change in gas allocation policy key risk to profitability of city gas entities: ICRA Details
8Private Indian firms have stopped importing oil from Venezuela: US Details
8Japan's JERA to enter hydrogen fuel business with JXTG Details
8Hungary to buy 2020 gas supplies early from Russia Details
8Gazprom expects tough competition from US LNG exports to Europe Details
8Oil prices near 2019 highs amid OPEC supply cuts, US sanctions Details
8Brazil to present plan to overhaul natural gas sector by June -minister Details
8PetroChina plans biggest capital expenditure in 4 years Details
8US sanctions: India may step up oil imports from Brazil, Mexico Details
8Austria's OMV and ADNOC to cooperate on petrochemical projects Details
8Oil prices fall as markets brace for potential U.S. recession Details
8Houston petrochemical disaster stretches to sixth day, impacting key port Details
8Brazil's Petrobras to spend $320 mln to hedge part of oil output Details
8Italy signs deals worth 2.5 bln euros with China; Energy, infra in focus Details
8Tanzania to conclude talks for delayed LNG project in September Details
8Hedge funds boost bullish U.S. crude oil wagers -Commodities FTC Details
8INNOVATION: New method to purify water used in oil refineries Details
8Uniper sells stake in Italian LNG plant in 400 million euro deal Details
8Energy giants spent $1 billion on climate lobbying, PR since Paris: watchdog Details
8China's CNOOC doubles net profit in 2018, best performance in four yrs Details
8BRIEF: Moody's says North American natural gas going global on abundant supply, rising demand Details
8Sri Lanka says Oman Oil still keen on refinery project Details
You can also click on Newsclips for more Details
8Assorted pipes on Annual Rate Contract basis for pipeline project Details
8Supply of flanges and fittings for pipeline project Details
8Hiring of DSM Manpower services Details
8Supply, Transportation and Installation of RVI together with Comprehensive Annual Maintenance Details
8Supply of BQ Plates to Kota and Rayagada LPG Plant Details
8Project Managment Consultancy services for LPG Cavern Details
8Restoration works for abandoned location Details
8Supply of flexible stainless steel hose for choke and kill lines Details
8Procurement of new raw water Pipe Lines for Sarapady Details
8Port Services for Import and Export of White Oil Petroleum products at Hazira port Details
8Supply of Conveyor Belt Steel Cords Details
8Procurement of Wooden Beams & Planks for Well Services Details
8Procurement of calcium chloride Details
8Procurement of supply of various types & sizes of flanges Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8DMK’s J Swamikannu travelled to Sri Lanka for record FDI oil refinery deal Details
8Lanka breaks ground for oil refinery with investments from Indian firm & Oman Details
8RIL denies sidestepping US sanctions on Venezuela Details
8Change in gas allocation policy key risk to profitability of city gas entities: ICRA Details
8Private Indian firms have stopped importing oil from Venezuela: US Details
8Japan's JERA to enter hydrogen fuel business with JXTG Details
8Hungary to buy 2020 gas supplies early from Russia Details
8Gazprom expects tough competition from US LNG exports to Europe Details
8Oil prices near 2019 highs amid OPEC supply cuts, US sanctions Details
8Brazil to present plan to overhaul natural gas sector by June -minister Details
8PetroChina plans biggest capital expenditure in 4 years Details
8US sanctions: India may step up oil imports from Brazil, Mexico Details
8Austria's OMV and ADNOC to cooperate on petrochemical projects Details
8Oil prices fall as markets brace for potential U.S. recession Details
8Houston petrochemical disaster stretches to sixth day, impacting key port Details
8Brazil's Petrobras to spend $320 mln to hedge part of oil output Details
8Italy signs deals worth 2.5 bln euros with China; Energy, infra in focus Details
8Tanzania to conclude talks for delayed LNG project in September Details
8Hedge funds boost bullish U.S. crude oil wagers -Commodities FTC Details
8INNOVATION: New method to purify water used in oil refineries Details
8Uniper sells stake in Italian LNG plant in 400 million euro deal Details
8Energy giants spent $1 billion on climate lobbying, PR since Paris: watchdog Details
8China's CNOOC doubles net profit in 2018, best performance in four yrs Details
8BRIEF: Moody's says North American natural gas going global on abundant supply, rising demand Details
8Sri Lanka says Oman Oil still keen on refinery project Details
You can also click on Newsclips for more Details
Power plants facing coal shortage: Find out the details
Mar 25:
A cumulative capacity of about 38,000 MW power plants is facing the coal shortage having of stocks less than a week.
8Most of the shortage of coal is where the mode of transportation of fuel is through Rail.
8The Union Government has proposed a Rapid Loading System in December 2018 to minimize the loading time of coal in rail racks and enhance dispatch. But, there is no sign of any movement on this front.
Click on Reports to find out the detailed present coal stock at different power plants Details
8Most of the shortage of coal is where the mode of transportation of fuel is through Rail.
8The Union Government has proposed a Rapid Loading System in December 2018 to minimize the loading time of coal in rail racks and enhance dispatch. But, there is no sign of any movement on this front.
Click on Reports to find out the detailed present coal stock at different power plants Details
Power Sector: Projects in pipeline
Mar 25:
Project Name: Greenfield Hydroelectric Power Project
8Project Cost: 1500 crores
8Project Description: The civil and hydromechanical works package in a hydel power project is getting delayed.
8EC was accorded earlier but the techno-economic clearance is pending.
8Also, the local protests at the site is a major hindrance.
8Find out the RFQs expected
8Start Date: 2020
8Completion Date: 2025
Click here for more details
Project Name: Super Thermal Power Project: Installation of Chloride Dosing System
8Project Cost: 15 crores
8Project Description: NTPC plans to implement poly-aluminum chloride dosing system in its operating power plant.
8Tender specifications of the project are getting prepared.
8RFQs are expected in the Q-3 2019.
8Start Date: 2020
8Completion Date: 2021
Click here for more details Details
8Project Cost: 1500 crores
8Project Description: The civil and hydromechanical works package in a hydel power project is getting delayed.
8EC was accorded earlier but the techno-economic clearance is pending.
8Also, the local protests at the site is a major hindrance.
8Find out the RFQs expected
8Start Date: 2020
8Completion Date: 2025
Click here for more details
Project Name: Super Thermal Power Project: Installation of Chloride Dosing System
8Project Cost: 15 crores
8Project Description: NTPC plans to implement poly-aluminum chloride dosing system in its operating power plant.
8Tender specifications of the project are getting prepared.
8RFQs are expected in the Q-3 2019.
8Start Date: 2020
8Completion Date: 2021
Click here for more details Details
Gas special-I: Bunch of new projects coming up capable of delivering gas to India at $6/mmbtu
Mar 22:
A bunch of new projects coming up can profitably supply LNG profitably to India at a delivered price of $6/mmbtu.
8A benchmark price of $6/mmbtu has been set as being "affordable" for a low-income country like India.
8This is the LNG price at which a significant uptake in demand can be expected. Incidentally, this is also the cut-off price at which sensitivities have been conducted for gas out of new discoveries out of the KG Basin.
8Pushing delivered gas supplies to India at this price will mean a combination of low cost upstream gas supply, low liquefaction costs and competitive freight rates
8Interesting more than existing LNG projects, it is the new breed of LNG projects coming up, which seem to fulfill this litmus test.
Click on Reports for more Details
8A benchmark price of $6/mmbtu has been set as being "affordable" for a low-income country like India.
8This is the LNG price at which a significant uptake in demand can be expected. Incidentally, this is also the cut-off price at which sensitivities have been conducted for gas out of new discoveries out of the KG Basin.
8Pushing delivered gas supplies to India at this price will mean a combination of low cost upstream gas supply, low liquefaction costs and competitive freight rates
8Interesting more than existing LNG projects, it is the new breed of LNG projects coming up, which seem to fulfill this litmus test.
Click on Reports for more Details
Gas special-II: Will Mozambique be able to deliver at $6/mmbtu
Mar 22:
The Mozambique LNG project -- where the Indian trio of ONGC, OIL and BPCL are heavily invested -- will have the shortest distance to India's regasification plants.
8A 2025 projection shows that the lowest shipping cost to India, after Qatar, is from Mozambique, at a mere $0.7/mmbtu.
8Even so, will the project be able to deliver LNG at the affordable cost of $6/mmbtu. If it can, then Mozambique can provide an almost unlimited amount of LNG from subsequent brownfield iterations to its existing projects.
8But will it able to hold the price line at $6/mmbtu?
Click on Reports for more Details
8A 2025 projection shows that the lowest shipping cost to India, after Qatar, is from Mozambique, at a mere $0.7/mmbtu.
8Even so, will the project be able to deliver LNG at the affordable cost of $6/mmbtu. If it can, then Mozambique can provide an almost unlimited amount of LNG from subsequent brownfield iterations to its existing projects.
8But will it able to hold the price line at $6/mmbtu?
Click on Reports for more Details
- Mar 22: Gas special-VII: New way to monetize stranded gas:Details
- Mar 22: Gas special-I: Bunch of new projects coming up capable of delivering gas to India at $6/mmbtu:Details
- Mar 22: Gas special-II: Will Mozambique be able to deliver at $6/mmbtu:Details
- Mar 22: Gas special-III: Find out how promoters are hammering down the cost of LNG:Details
- Mar 22: Software updates: Fertilizer projects:Details
- Mar 22: Gas special-V: Torrent power looks to keep its gas capacity going:Details
