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High LNG prices will kill demand in India.  India's aging oilfields: Unable to deliver anymore.  POL consumption: Feeling the strain of higher prices.  Stranded coal power-I: Good or bad policy making?.  Stranded coal power-II: The gas lobby can take advantage.  All you wanted to know about the CGD industry.  IMO 2020 impact-I: HSFO price to come down to coal-equivalent price.  IMO 2020 impact-II: $10/bbl spread expected between Dubai and Brent.  Private sector in LPG: Big opportunity available.  Legal implications of recent energy regulations: Know more.  OIL plans for KG-ONN-2004/1 will bring in a rush of RFQs.  Rs 38 crore penalty on sugar industry: Was the collusion restricted only the suppliers?.  Rs 300 crore pipeline development: Owner & EPCM contractor to hire LSTK contractor in Q1, 2019.  ONGG's plans to buy more rigs: Already beginning to bite the private rig industry.  From courier services to oil & gas: For some, the learning curve is very steep indeed .  Rs 230 crore Greenfield LPG Bottling Plant Project: EPCM contractor RFQ in January, 2019.  New Refinery Greenfield residue up-gradation project coming up.  LPG bottling plant expansion project: EPC contractor to come out with RFQs.  Software updates: Fertilizer projects.  Download Tenders and Newsclips.  

High LNG prices will kill demand in India

Sep 21: India's LNG in imports have gone up by 9% in August
8But the price paid for it has gone up 80% for the month.
8Clearly, high prevailing LNG prices and the devaluation of the rupee have come as a double whammy
8Then again, projections are that the price of LNG is going spurt up by another $1.5/mmbtu
8In a price sensitive market such as India, what such prices will eventually do is stymie growth
8At these high prices, with the Rupee slated to depreciate further, it looks unlikely that offtake projections for 2018-19 will be fulfilled
Click on Reports  for more Details

India's aging oilfields: Unable to deliver anymore

Sep 21: Cranking up oil from India's aging oil fields is turning out to be a more difficult task than ever before, it looks like
8Indigenous crude oil and condensate production during August 2018 was lower by 3.7% compared to August 2017.
8PSC fields registered a marginal growth of 0.7% during the month over August 2017 while PSU companies registered de-growth of an alarming 5.4%.
8On cumulative basis de-growth of 3.3% was registered during April-August 2018 over the corresponding period of the previous year.
8That is bad news indeed, with no real upside going ahead.
8Understanding that there is an immediate need to incentive IOR/EOR programmes, the government has come up with a plan, but there is going to be a big lag between policy and action on the ground.
Click on Reports  for more   Details

POL consumption: Feeling the strain of higher prices

Sep 21: POL consumption data in India reflects the state of the Indian economy
8Petroleum product consumption registered a growth of 0.8% during August 2018.
8Consumption had risen faster in the past, indicating that higher prices are having an impact on consumption now.
8The story is better than last year though, with cumulative April-August consumption at 3.9% as compared to 1.9% for the same period in the previous year
Click on Reports  for more Details

Stranded coal power-I: Good or bad policy making?

Sep 21: The fact that a significant portion of coal-fired power plants are stranded assets is now a foregone conclusion
8But the government is fighting tooth and nail to ensure that they are not stranded. It has been found that a number of government interventions – in the form of public finance, subsidies and policy postponements are encouraging new capital investment in coal fired power, which might otherwise be considered uneconomic, during the project appraisal, preparation and construction stage.
8Is this attempt good or bad policy?
8Clearly, attempts to keep such stranded capacity alive will make the transition to a low carbon economy that much more difficult.
Click on Reports  for more Details

Stranded coal power-II: The gas lobby can take advantage

Sep 21: No study has been done in India yet on the links between government interventions and the drivers of asset stranding in the coal power sector.
8Further research is required on India’s coal power sector given the rapid pace of electrification, the electricity transition, and risks of high carbon lock-in.
8This could include modeling the removal of current interventions in the power sector (as has been undertaken in China) and of the interactions between different interventions – subsidies, public finance, and policy and regulatory interventions – and exploring some of the wider drivers of asset standing.
8Such work will support policy-makers to design and implement interventions – including fiscal reforms – that are needed for a deep and rapid transition to low-carbon energy.
Click on Reports  for more
 Comment: The gas lobby -- gas being a transition fuel from coal to renewable and, today, increasingly in play because of its capacity to go hand-in-hand with higher renewable energy injection into the grid -- could well fund such a report from an independent organization. A comparative analysis of sops granted will enhance the case for use of more gas in the Indian power sector. The gas business is big in India but unfortunately deeply divided. And despite massive resources at their disposal, spending on changing policy perceptions is poor. Lobbyists and public relation officers in big companies like BP and RIL are poorly informed, lack initiative and are eventually reduced to pushing files in Shastri Bhavan. No one looks at the big picture. Details

All you wanted to know about the CGD industry

Sep 21: Want to know all about the CGD industry in India? Get details on:
8Opportunity for both domestic and foreign players under CGD market of India & outlook till 2022
8Opportunity for both domestic and foreign players under split of value chain services in CGD market of India & outlook till 2022
8Best suited region for CGD business in India currently and for future market – Best fit regional analysis D2I Model feed
8Opportunity analysis in terms of CGD pipeline, city gas station, CNG station and PNG network for all rounds post 5th bidding round
8Opportunity analysis for all 86 GA under 9th bidding round covering each geographical area, natural gas pipeline proximity, for pipeline manufacturers, for OEMs, and for PMCs
8Complete assessment of Go/No-Go feasibility and baseline demand potential for areas under 9th round with insights upon technical, financial limitations and intermittent challenges of gas sourcing with outlook
8Company benchmarks for products, services, margins, financial performance for top players in India
Click on Reports  for more Details

IMO 2020 impact-I: HSFO price to come down to coal-equivalent price

Sep 21: Once IMO 2020 low sulphur regulations kick in, where will the high sulphur fuel oil (HSFO) go?
8Clearly, a lot of it is still going to be produced in India and will be in excess
8Excess HSFO demand only exists in regions with relaxed environmental standards where it can compete with LNG or coal.
8At the limit, the delivered price of HSFO to such regions should find an initial floor around the price of LNG, and then coal in terms of calorific value. HSFO is already pricing below LNG in the forward market but has $180/MT to go to reach a floor versus the coal-equivalent price in Asia.
Click on Reports  for more Details

IMO 2020 impact-II: $10/bbl spread expected between Dubai and Brent

Sep 21: Everyone talks of the impact of IMO 2020 on refineries and refinery spreads
8How will crude differentials emerge? Especially between Dubai and Brent?
8The differential can widen to up to 10% or more
8Refinery planner will need to take that into account
Click on Reports  for more Details

Private sector in LPG: Big opportunity available

Sep 21: This is a good time to get into the LPG business.
8A lot of private sector investment is coming in. There is space for growth outside the regulated household LPG sector
8Find out more on how an intrepid entrepreneur can make money setting up an LPG refilling plant
8What are the cost economics involved, how much investment is really needed?
8What kind of IRRs can be expected?
Click on Reports  for more Details

Legal implications of recent energy regulations: Know more

Sep 21: What are the various legal implications of the following recent policy formulations:
8Policy framework for streamlining the working of Production Sharing Contracts
8What are the implications out of the amendment of the definition of ‘petroleum’ in the Petroleum and Natural Gas Rules of 1959
8Also know more on other energy sector policy amendments which have implications for the oil & gas sector
Click on Reports  for more Details

OIL plans for KG-ONN-2004/1 will bring in a rush of RFQs

Sep 21: Oil India is now working out the field development plan for the NELP-VI block: KG-ONN-2004/1
8A lot of homework has already been done.
8Gas discoveries have been made in one shallow and one deep HPHT well
8Also, two other HPHT wells are believed to have multiple hydrocarbon-bearing zones as per the preliminary petrophysical interpretations.
8One appraisal was also drilled and the presence of gas was proven during its production testing.
8Expect more RFQs going ahead for equipment and services
Click on Reports  for more Details

Rs 38 crore penalty on sugar industry: Was the collusion restricted only the suppliers?

Sep 21: The imposition of a substantial Rs 38.05 crore penalty on 18 sugar mills and their trade associations for price collusion in a joint ethanol tender floated by the oil marketing companies have far-reaching implications.
8The rules and procedures have since been changed
8Was the collusion restricted only the suppliers?
Click on Reports  for more Details

Rs 300 crore pipeline development: Owner & EPCM contractor to hire LSTK contractor in Q1, 2019

Sep 21: 8Project Name: Pipeline Development
8Project Cost: Rs 300 crore
8Project Description: Owner's RFQs for hiring services for Hazop studies for the construction of a Natural Gas Transmission Pipeline  are expected soon. An EPCM contractor has had already been hired for the project.
8Project Event: RFQs for hiring services for hazop studies is expected by December 2018
RFQs for hiring an LSTK Contractor from MECON's end is expected by Q1 2019.
8Expenditure Approval: Q4/2017
8RFQ Date: Dec/2018
8Release Date: Jan/2019
8Start Date: Jun/2019
8Completion Date: Dec/2020
Click here for more details
Details

ONGG's plans to buy more rigs: Already beginning to bite the private rig industry

Sep 21: ONGC's plans to buy its own onland rigs are already beginning to bite
8Earlier plans to hire a third party rig for a Rs 1300 crore field development plan has now been shelved, instead a new company-owned 2000 HP rig will do the job
8Already existing rig contracts with the likes of Quippo and John Energy will continue until the expiry of the contract periods.
8The current project involves the development drilling of 27 wells, conversion of 37 exploratory wells and laying of associated flowlines
8The project also involves the construction of 2 pipe manifolds and connectivity to a Gas Grid Network. The environmental clearance for the project is under process. Further RFQs are expected shortly.
8Project Event: RFQs for the hiring an EPC contractor are expected by December 2018
8Expenditure Approval: Q2/2017
8RFQ Date: Dec/2018
8Release Date: Jan/2019
8Start Date: Jun/2019
8Completion Date: Dec/2021
Click here for more details for more information, including key contacts
Details

From courier services to oil & gas: For some, the learning curve is very steep indeed

Sep 21: This particular entrepreneur has dabbled almost every thing but the oil & gas industry
8It is involved in  logistics, transportation, courier services, retail finance, corporate finance and investments
8Unknowing of what it entails, it picked up a couple of DSF Round-1 blocks
8In the first rush, it hired a bunch of E&P executives but most them quit but it has subsequently been able to put together a working team
8This is group is now determined to go ahead with drilling work
Click on Details for more
Details

Rs 230 crore Greenfield LPG Bottling Plant Project: EPCM contractor RFQ in January, 2019

Sep 21: 8Project Name: Greenfield LPG Bottling Plant Project
8Project Cost: Rs 230 crore
8Project Description: The owner is planning to construct an LPG bottling plant by installing 3X600MT mounded storage bullets for storage of LPG with a bottling capacity of 120 TMTPA. ABC The PFR consultant has already been selected. At present surveying work is going on. Further RFQs are expected soon.
8Project Event: RFQ for the EPCM contractor is expected by January 2019.
8Expenditure Approval: Q2:2018
8RFQ Date: Jan/2019
8Release Date: Feb/2019
8Start Date: Q1:2019
8Completion Date: Q1:2021
Click here for more details
Details

New Refinery Greenfield residue up-gradation project coming up

Sep 21: 8Project Name: Refinery Greenfield Residue Up-gradation Unit Project
8Project Description: The owner is planning to install a new hydrogen-based residue up-gradation unit worked on Ebullated bed Hydrocracking technology with a capacity of 1.81 MMTPA in its existing Mumbai refinery. Currently, the project is in the planning stage but a DFR consultant has been appointed.
8Project Event: RFQ for the surveying work is expected by November 2018.
8Expenditure Approval: Q2:2018
8RFQ Date: Dec/2018
8Release Date: Jan/2018
8Start Date: Q2:2019
8Completion Date: Q2:2022
Click here for more details for more information
Details

LPG bottling plant expansion project: EPC contractor to come out with RFQs

Sep 21: 8Project Name: LPG Bottling Plant Expansion Project
8Project Cost: Rs 32 crore
8Project Description: Indian Oil Corporation Limited has selected the EPC contactor to expand its existing LPG bottling plant at Rajkot, Gujarat from 1000 MTPA to 2800 MTPA.
8Project Event: RFQ for the erection and installation work is expected by November 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Nov/2018
8Release Date: Dec/2018
8Start Date: Q3:2018
8Completion Date: Q3:2019
Click here for more details
Details

Software updates: Fertilizer projects

Sep 21:  Rs 6000 Crore Ammonia-Urea plant
8Project Event: The RFQ for the Water Pre- Treatment, DM & Condensate Treatment has been released and bid due date is 24 September 2018.
 Click here for more information  
Ammonia Revamp Project     
8Cost - Rs 102 Crore
8Project Event: The project is in the initial phase, RFQ for the LSTK contractor is likely to be released in November 2018.
Click here for more information
Ammonia-Urea Annual Shutdown Maintenance Project    
8Cost - Rs 2 Crore
8Project Description: A fertilizer company is planning to hire a maintenance contractor for its New Steam Generation Unit (NSGU) for two years at its complex in India.
8Project Event: The NIT for the maintenance contractor has been released and bid due date is 26 September 2018.
Click here for more information
Details

Download Tenders and Newsclips

Sep 21: For reference purposes the website carries here the following tenders:
8Miscellaneous work for providing sample points and Pressure gauge/ PT tapping Details
8Supply of Activated Charcoal Details
8Procurement of Methanator Catalyst Details
8Construction of Foam shed Pumps and SS Pipeline Manifold including associated works for Foam feeding system to HVLRs at terminals Details
8Supply of IR Compressor spares Details
8Corrigendum: Procurement of Stationary and Mobile Cascades Details
8Providing Bulk Propane Transportation Details
8Supplying, Fabrication and Installation of Type-A TLP (Test Lead Point) in the Pipeline ROW Details
8Testing, calibration and Certification of HT/ LT protective relays and Multi-Function Meters for electrical Installations Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8India set to pay for Iranian oil using rupees from November: Sources Details
8Delhi cops bust multi-crore PSU job scam run from Krishi Bhawan Details
8India, Russia may seal oil field deal in Oct’s annual summit Details
8Centre working to combat fuel price hike: HPCL chairman Details
8Pakistan invites Saudi Arabia to invest in China economic corridor Details
8Now near 100 million bpd, when will oil demand peak? Details
8Petrol price hiked again; reaches new record of Rs 82.22 in Delhi Details
8India set to pay for Iranian oil using rupee from November: Sources Details
8CNG, PNG set to get costlier from October 1 on rupee slide, gas price revision: Report Details
8India engages with US to ensure energy security amid Iran sanctions Details
8Shell eyes bigger oil, gas footprint in India with latest hiring: sources Details
8India to pay in rupees for Iranian oil as US sanctions will block use of dollars Details
You can also click on Newsclips for more
Details

High LNG prices will kill demand in India

Sep 21: India's LNG in imports have gone up by 9% in August
8But the price paid for it has gone up 80% for the month.
8Clearly, high prevailing LNG prices and the devaluation of the rupee have come as a double whammy
8Then again, projections are that the price of LNG is going spurt up by another $1.5/mmbtu
8In a price sensitive market such as India, what such prices will eventually do is stymie growth
8At these high prices, with the Rupee slated to depreciate further, it looks unlikely that offtake projections for 2018-19 will be fulfilled
Click on Reports  for more Details

India's aging oilfields: Unable to deliver anymore

Sep 21: Cranking up oil from India's aging oil fields is turning out to be a more difficult task than ever before, it looks like
8Indigenous crude oil and condensate production during August 2018 was lower by 3.7% compared to August 2017.
8PSC fields registered a marginal growth of 0.7% during the month over August 2017 while PSU companies registered de-growth of an alarming 5.4%.
8On cumulative basis de-growth of 3.3% was registered during April-August 2018 over the corresponding period of the previous year.
8That is bad news indeed, with no real upside going ahead.
8Understanding that there is an immediate need to incentive IOR/EOR programmes, the government has come up with a plan, but there is going to be a big lag between policy and action on the ground.
Click on Reports  for more   Details

POL consumption: Feeling the strain of higher prices

Sep 21: POL consumption data in India reflects the state of the Indian economy
8Petroleum product consumption registered a growth of 0.8% during August 2018.
8Consumption had risen faster in the past, indicating that higher prices are having an impact on consumption now.
8The story is better than last year though, with cumulative April-August consumption at 3.9% as compared to 1.9% for the same period in the previous year
Click on Reports  for more Details

Stranded coal power-I: Good or bad policy making?

Sep 21: The fact that a significant portion of coal-fired power plants are stranded assets is now a foregone conclusion
8But the government is fighting tooth and nail to ensure that they are not stranded. It has been found that a number of government interventions – in the form of public finance, subsidies and policy postponements are encouraging new capital investment in coal fired power, which might otherwise be considered uneconomic, during the project appraisal, preparation and construction stage.
8Is this attempt good or bad policy?
8Clearly, attempts to keep such stranded capacity alive will make the transition to a low carbon economy that much more difficult.
Click on Reports  for more Details

Stranded coal power-II: The gas lobby can take advantage

Sep 21: No study has been done in India yet on the links between government interventions and the drivers of asset stranding in the coal power sector.
8Further research is required on India’s coal power sector given the rapid pace of electrification, the electricity transition, and risks of high carbon lock-in.
8This could include modeling the removal of current interventions in the power sector (as has been undertaken in China) and of the interactions between different interventions – subsidies, public finance, and policy and regulatory interventions – and exploring some of the wider drivers of asset standing.
8Such work will support policy-makers to design and implement interventions – including fiscal reforms – that are needed for a deep and rapid transition to low-carbon energy.
Click on Reports  for more
 Comment: The gas lobby -- gas being a transition fuel from coal to renewable and, today, increasingly in play because of its capacity to go hand-in-hand with higher renewable energy injection into the grid -- could well fund such a report from an independent organization. A comparative analysis of sops granted will enhance the case for use of more gas in the Indian power sector. The gas business is big in India but unfortunately deeply divided. And despite massive resources at their disposal, spending on changing policy perceptions is poor. Lobbyists and public relation officers in big companies like BP and RIL are poorly informed, lack initiative and are eventually reduced to pushing files in Shastri Bhavan. No one looks at the big picture. Details

All you wanted to know about the CGD industry

Sep 21: Want to know all about the CGD industry in India? Get details on:
8Opportunity for both domestic and foreign players under CGD market of India & outlook till 2022
8Opportunity for both domestic and foreign players under split of value chain services in CGD market of India & outlook till 2022
8Best suited region for CGD business in India currently and for future market – Best fit regional analysis D2I Model feed
8Opportunity analysis in terms of CGD pipeline, city gas station, CNG station and PNG network for all rounds post 5th bidding round
8Opportunity analysis for all 86 GA under 9th bidding round covering each geographical area, natural gas pipeline proximity, for pipeline manufacturers, for OEMs, and for PMCs
8Complete assessment of Go/No-Go feasibility and baseline demand potential for areas under 9th round with insights upon technical, financial limitations and intermittent challenges of gas sourcing with outlook
8Company benchmarks for products, services, margins, financial performance for top players in India
Click on Reports  for more Details

IMO 2020 impact-I: HSFO price to come down to coal-equivalent price

Sep 21: Once IMO 2020 low sulphur regulations kick in, where will the high sulphur fuel oil (HSFO) go?
8Clearly, a lot of it is still going to be produced in India and will be in excess
8Excess HSFO demand only exists in regions with relaxed environmental standards where it can compete with LNG or coal.
8At the limit, the delivered price of HSFO to such regions should find an initial floor around the price of LNG, and then coal in terms of calorific value. HSFO is already pricing below LNG in the forward market but has $180/MT to go to reach a floor versus the coal-equivalent price in Asia.
Click on Reports  for more Details

IMO 2020 impact-II: $10/bbl spread expected between Dubai and Brent

Sep 21: Everyone talks of the impact of IMO 2020 on refineries and refinery spreads
8How will crude differentials emerge? Especially between Dubai and Brent?
8The differential can widen to up to 10% or more
8Refinery planner will need to take that into account
Click on Reports  for more Details

Private sector in LPG: Big opportunity available

Sep 21: This is a good time to get into the LPG business.
8A lot of private sector investment is coming in. There is space for growth outside the regulated household LPG sector
8Find out more on how an intrepid entrepreneur can make money setting up an LPG refilling plant
8What are the cost economics involved, how much investment is really needed?
8What kind of IRRs can be expected?
Click on Reports  for more Details

Legal implications of recent energy regulations: Know more

Sep 21: What are the various legal implications of the following recent policy formulations:
8Policy framework for streamlining the working of Production Sharing Contracts
8What are the implications out of the amendment of the definition of ‘petroleum’ in the Petroleum and Natural Gas Rules of 1959
8Also know more on other energy sector policy amendments which have implications for the oil & gas sector
Click on Reports  for more Details

OIL plans for KG-ONN-2004/1 will bring in a rush of RFQs

Sep 21: Oil India is now working out the field development plan for the NELP-VI block: KG-ONN-2004/1
8A lot of homework has already been done.
8Gas discoveries have been made in one shallow and one deep HPHT well
8Also, two other HPHT wells are believed to have multiple hydrocarbon-bearing zones as per the preliminary petrophysical interpretations.
8One appraisal was also drilled and the presence of gas was proven during its production testing.
8Expect more RFQs going ahead for equipment and services
Click on Reports  for more Details

Rs 38 crore penalty on sugar industry: Was the collusion restricted only the suppliers?

Sep 21: The imposition of a substantial Rs 38.05 crore penalty on 18 sugar mills and their trade associations for price collusion in a joint ethanol tender floated by the oil marketing companies have far-reaching implications.
8The rules and procedures have since been changed
8Was the collusion restricted only the suppliers?
Click on Reports  for more Details

Rs 300 crore pipeline development: Owner & EPCM contractor to hire LSTK contractor in Q1, 2019

Sep 21: 8Project Name: Pipeline Development
8Project Cost: Rs 300 crore
8Project Description: Owner's RFQs for hiring services for Hazop studies for the construction of a Natural Gas Transmission Pipeline  are expected soon. An EPCM contractor has had already been hired for the project.
8Project Event: RFQs for hiring services for hazop studies is expected by December 2018
RFQs for hiring an LSTK Contractor from MECON's end is expected by Q1 2019.
8Expenditure Approval: Q4/2017
8RFQ Date: Dec/2018
8Release Date: Jan/2019
8Start Date: Jun/2019
8Completion Date: Dec/2020
Click here for more details
Details

ONGG's plans to buy more rigs: Already beginning to bite the private rig industry

Sep 21: ONGC's plans to buy its own onland rigs are already beginning to bite
8Earlier plans to hire a third party rig for a Rs 1300 crore field development plan has now been shelved, instead a new company-owned 2000 HP rig will do the job
8Already existing rig contracts with the likes of Quippo and John Energy will continue until the expiry of the contract periods.
8The current project involves the development drilling of 27 wells, conversion of 37 exploratory wells and laying of associated flowlines
8The project also involves the construction of 2 pipe manifolds and connectivity to a Gas Grid Network. The environmental clearance for the project is under process. Further RFQs are expected shortly.
8Project Event: RFQs for the hiring an EPC contractor are expected by December 2018
8Expenditure Approval: Q2/2017
8RFQ Date: Dec/2018
8Release Date: Jan/2019
8Start Date: Jun/2019
8Completion Date: Dec/2021
Click here for more details for more information, including key contacts
Details

From courier services to oil & gas: For some, the learning curve is very steep indeed

Sep 21: This particular entrepreneur has dabbled almost every thing but the oil & gas industry
8It is involved in  logistics, transportation, courier services, retail finance, corporate finance and investments
8Unknowing of what it entails, it picked up a couple of DSF Round-1 blocks
8In the first rush, it hired a bunch of E&P executives but most them quit but it has subsequently been able to put together a working team
8This is group is now determined to go ahead with drilling work
Click on Details for more
Details

Rs 230 crore Greenfield LPG Bottling Plant Project: EPCM contractor RFQ in January, 2019

Sep 21: 8Project Name: Greenfield LPG Bottling Plant Project
8Project Cost: Rs 230 crore
8Project Description: The owner is planning to construct an LPG bottling plant by installing 3X600MT mounded storage bullets for storage of LPG with a bottling capacity of 120 TMTPA. ABC The PFR consultant has already been selected. At present surveying work is going on. Further RFQs are expected soon.
8Project Event: RFQ for the EPCM contractor is expected by January 2019.
8Expenditure Approval: Q2:2018
8RFQ Date: Jan/2019
8Release Date: Feb/2019
8Start Date: Q1:2019
8Completion Date: Q1:2021
Click here for more details
Details

New Refinery Greenfield residue up-gradation project coming up

Sep 21: 8Project Name: Refinery Greenfield Residue Up-gradation Unit Project
8Project Description: The owner is planning to install a new hydrogen-based residue up-gradation unit worked on Ebullated bed Hydrocracking technology with a capacity of 1.81 MMTPA in its existing Mumbai refinery. Currently, the project is in the planning stage but a DFR consultant has been appointed.
8Project Event: RFQ for the surveying work is expected by November 2018.
8Expenditure Approval: Q2:2018
8RFQ Date: Dec/2018
8Release Date: Jan/2018
8Start Date: Q2:2019
8Completion Date: Q2:2022
Click here for more details for more information
Details

LPG bottling plant expansion project: EPC contractor to come out with RFQs

Sep 21: 8Project Name: LPG Bottling Plant Expansion Project
8Project Cost: Rs 32 crore
8Project Description: Indian Oil Corporation Limited has selected the EPC contactor to expand its existing LPG bottling plant at Rajkot, Gujarat from 1000 MTPA to 2800 MTPA.
8Project Event: RFQ for the erection and installation work is expected by November 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Nov/2018
8Release Date: Dec/2018
8Start Date: Q3:2018
8Completion Date: Q3:2019
Click here for more details
Details

Software updates: Fertilizer projects

Sep 21:  Rs 6000 Crore Ammonia-Urea plant
8Project Event: The RFQ for the Water Pre- Treatment, DM & Condensate Treatment has been released and bid due date is 24 September 2018.
 Click here for more information  
Ammonia Revamp Project     
8Cost - Rs 102 Crore
8Project Event: The project is in the initial phase, RFQ for the LSTK contractor is likely to be released in November 2018.
Click here for more information
Ammonia-Urea Annual Shutdown Maintenance Project    
8Cost - Rs 2 Crore
8Project Description: A fertilizer company is planning to hire a maintenance contractor for its New Steam Generation Unit (NSGU) for two years at its complex in India.
8Project Event: The NIT for the maintenance contractor has been released and bid due date is 26 September 2018.
Click here for more information
Details

Download Tenders and Newsclips

Sep 21: For reference purposes the website carries here the following tenders:
8Miscellaneous work for providing sample points and Pressure gauge/ PT tapping Details
8Supply of Activated Charcoal Details
8Procurement of Methanator Catalyst Details
8Construction of Foam shed Pumps and SS Pipeline Manifold including associated works for Foam feeding system to HVLRs at terminals Details
8Supply of IR Compressor spares Details
8Corrigendum: Procurement of Stationary and Mobile Cascades Details
8Providing Bulk Propane Transportation Details
8Supplying, Fabrication and Installation of Type-A TLP (Test Lead Point) in the Pipeline ROW Details
8Testing, calibration and Certification of HT/ LT protective relays and Multi-Function Meters for electrical Installations Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8India set to pay for Iranian oil using rupees from November: Sources Details
8Delhi cops bust multi-crore PSU job scam run from Krishi Bhawan Details
8India, Russia may seal oil field deal in Oct’s annual summit Details
8Centre working to combat fuel price hike: HPCL chairman Details
8Pakistan invites Saudi Arabia to invest in China economic corridor Details
8Now near 100 million bpd, when will oil demand peak? Details
8Petrol price hiked again; reaches new record of Rs 82.22 in Delhi Details
8India set to pay for Iranian oil using rupee from November: Sources Details
8CNG, PNG set to get costlier from October 1 on rupee slide, gas price revision: Report Details
8India engages with US to ensure energy security amid Iran sanctions Details
8Shell eyes bigger oil, gas footprint in India with latest hiring: sources Details
8India to pay in rupees for Iranian oil as US sanctions will block use of dollars Details
You can also click on Newsclips for more
Details
  • Sep 21: LPG bottling plant expansion project: EPC contractor to come out with RFQs:Details
  • Sep 21: Download Tenders and Newsclips:Details
  • Sep 20: Business opportunity for the maintenance contractor: RFQs ahead:Details
  • Sep 20: Power Sector RFQs: Projects in pieline:Details
  • Sep 20: Spot LNG to go up another $1.5/mmbtu this winter?:Details
  • Sep 20: Decommissioning to become big business in India-I: Indian agencies are ill equipped to handle the work:Details