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Ratna platform project: Question mark over Sapura-Afcons bid.  Ratna platform project: Experienced Sapura hand may find himself in unfamiliar territory.  Precipitous drop in spot LNG prices likely: May spur a golden age for gas in India.  Precipitous drop in spot LNG prices likely: Indian buyers are the most active in the global market right now.  Europe is a "sink" for global LNG, can India's spare LNG capacity be similarly utilized?.  Natural gas future: Is it the beginning of a new paradigm or the end of it?.  US-China trade war eases: How will that impact the energy shipping market?.  Tengakhat-Kathaloni-Dikom development drilling: Tendering to be delayed.  Rs 3750 crore drilling plan: RFQ timelines finalized .  KG-DWN-98/2 Drillship tender : What to expect?.  Varanasi greenfield LPG bottling plant: EPCM RFQ in March instead of January.  Briefs.  We have stepped up our CGD coverage.  Abundant sub-$3/mmbtu reservoirs available: Fresh offshore gas investment will be difficult here on in India.  Thirteen private companies bid to operate ONGC's 64 oil and gas fields.  PLL to look for another opportunity to bring down price slope for LNG from Qatar.  Gas sector road map: PNGRB working on a detailed exercise.  Cairn fast tracks offshore E&P work.  E&P Briefs.  ONGC's protective coating of process platforms: Know more.  

Ratna platform project: Question mark over Sapura-Afcons bid

Jan 20: The Sapura-Afcons consortium bid against the Ratna platform tender is running into trouble.
8The consortium may not make it to the final list
Click on Details to find out why  
Details

Ratna platform project: Experienced Sapura hand may find himself in unfamiliar territory

Jan 20: Sapura's pointsman in India is its country manager Phanindhar Chivukula
8He is an experienced hand, well versed in dealing with ONGC over the years
8But this time around, he is in unfamiliar territory.
Find out more
Details

Precipitous drop in spot LNG prices likely: May spur a golden age for gas in India

Jan 20: 2020 is going to see a precipitous drop in spot LNG prices
8And this may well become the golden age for gas in India, powered by LNG. Low prices, along with policy support, can trigger the start-up of the currently hibernating gas-based power capacity.
8The gas market in India is elastic and low prices can see a wholesale switch from up to 100 industrial clusters which are currently under notice from the National Green Tribunal
8The big constraint will be on the part of the gas supplier, in being able to reach out either through physical pipeline or virtual pipeline deliveries wherever gas is needed.
8How far can prices fall?
Click on Reports for more Details

Precipitous drop in spot LNG prices likely: Indian buyers are the most active in the global market right now

Jan 20: Spurred by prevailing low LNG prices, which may go even lower in the coming months, Indian spot LNG operators are reportedly among the most active buyers in the global market.
8Current purchases are still in the $5/mmbtu range but RIL was able to source a March cargo at $4.50-$4.70/mmbtu range
8GSPC's Mundra commissioning cargo came at a low $5/mmbtu
8The timeline on how long gas prices are going to remain low is getting extended, as waves of fresh capacity areexpected to come up going ahead.
Click on Details for more Details

Europe is a "sink" for global LNG, can India's spare LNG capacity be similarly utilized?

Jan 20: Major LNG exporters have bought up the entire primary capacity of  of European regasification terminals for a 15-year period (on average).
8Europe is a "sink" for excess LNG capacity globally.
8Can excess capacity in India also become a "sink"?
8It can perhaps, but there will be a need for flexibility in regulations and contracts
Click on Details for more Details

Natural gas future: Is it the beginning of a new paradigm or the end of it?

Jan 20: It is hard to know sometimes whether natural gas is in a golden age or a dark age.
8Gas is often presented as a promising candidate to deliver cleaner air and decarbonization, which are reasons why many outlooks see a continued need for gas to 2040 and beyond, even assuming a rapid energy transition.
8Others see it as a temporary and expensive solution that we, as a world, must not lock in, lest we undermine our efforts on deep decarbonization.
8And others still question whether gas should play any role at all in the energy transition, its environmental credentials undercut by fugitive emissions, venting and flaring, and by the fact that it is still a carbon-emitting energy source. In their eyes, the sooner we can phase out gas, the better.
Click on Reports for more Details

US-China trade war eases: How will that impact the energy shipping market?

Jan 20: There has been an easing in the trade war between China and the US
8China has committed to $52.4 billion in additional energy purchases,
8So what are the implications for the crude tanker and LNG shipping market?
8Will this lead to higher traffic?
Click on Details for more Details

Tengakhat-Kathaloni-Dikom development drilling: Tendering to be delayed

Jan 20: 8Project Name: Tengakhat-Kathaloni-Dikom Development Drilling
8Project Cost: Rs 5655 crore
8Project Event: RFQ for a drilling rig is expected by Q3 2020.
RFQ for a EPC contractor is expected by Q3 2020.

Click here for more details
Details

Rs 3750 crore drilling plan: RFQ timelines finalized

Jan 20: 8Project Name: Bhuvanagiri Development Drilling
8Project Cost: Rs 3750 crore
8Project Event: RFQ for the hiring of EIA services is expected by March 2020.
RFQ for the hiring of a Horizontal drilling services is expected by Q2 2020.
RFQ for the hiring of an EPC contractor for EPS expansion is expected by Q2 2020.

Click here for more details
Details

KG-DWN-98/2 Drillship tender : What to expect?

Jan 20: 8Oil and Natural Gas Corporation Limited's tender for the charter hiring of a Drillship Rig of 3000m WD capability for 1.5 years seems to be have evinced a lot of interest
8Find out who are interested and what kind of work will the drillship do  Details

Varanasi greenfield LPG bottling plant: EPCM RFQ in March instead of January

Jan 20: Project Name:  Varanasi Greenfield LPG Bottling Plant Project
8Project Cost: 195 crores
8Project Event: RFQ for the EPCM contractor is expected by March-2020.instaed of January now
Click here for more details Details

Briefs

Jan 20: 8RIL's Vadodara debottlenecking comes with some significant environmental riders. This includes zero liquid discharge within a stipulated time. And a 40% increase in green belt of the total land area. Click on  Details for more
8It is a small Rs 30 crore refinery debottlenecking activity. RFQ for an EPCM is expected in March. Click here for more details Details

We have stepped up our CGD coverage

Jan 20: We have stepped up our coverage of the city gas distribution sector in our database
8Project Name: Kota, Baran, and Chittorgarh (Rawatbhata Taluka) Districts City Gas Distribution
8Project Cost: Rs 600 crore
8Project Event: RFQs for laying steel pipeline network and associated works is expected later in Q1 2021.
RFQs for laying of MDPE pipes network and associated works is expected in Q3 2020.
RFQs for Galvanized Iron pipes is expected in Q3 2020.
RFQs for further equipments for CNG stations are expected later in Q3 2020.
8RFQ Date: Q3/2020
8Release Date: Q4/2020
8Start Date: Q1/2019
8Completion Date: Q4/2027
Click here for more details for key contacts and other details

8
Project Name: SAS Nagar District, Patiala and Sangrur District City Gas Distribution
8Project Cost: Rs 800 crore
8Project Event: RFQs for laying steel pipeline network and associated works is expected later in Q1 2021.
RFQs for laying of MDPE pipes network and associated works is expected in Q3 2020.
RFQs for further equipments for CNG stations are expected later in Q3 2020.
8RFQ Date: Q3/2020
8Release Date: Q4/2020
8Start Date: Q1/2019
8Completion Date: Q4/2027
Click here for more details for key contacts and other details
Details

Abundant sub-$3/mmbtu reservoirs available: Fresh offshore gas investment will be difficult here on in India

Jan 20: Fresh offshore investment in new gas exploration in India is likely to come to a standstill, after the big decisions taken by ONGC and RIL-BP in India
8Globally, the move is towards pushing out gas from the sub-$3/mmbtu reservoirs
Click on Details for more Details

Thirteen private companies bid to operate ONGC's 64 oil and gas fields

Jan 20: For reference purposes the website carries here the following tenders:
8Request for proposal for Sale of Oil & Gas Inventory Details
8Decontamination with Passivation of process loops/ equipments in Sour Water Strippers (SWS) units Details
8ARC for carrying out IBR piping jobs Details
8Supply of Manpower for shutdown related jobs Details
8Supply, Transportation and Installation of Smart Pylons together with Comprehensive Annual Maintenance Details
8Annual Rate contract for supply of Caustic Soda Lye on 100 % purity basis Details
8Supply of around 253 crore litres of Anhydrous Denatured Ethanol Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8RIL third quarter net profit rises 14 per cent to Rs 11,841 crore; Oil-to-chemical business weighs on top-line Details
8RIL-Saudi Aramco deal unlikely to close by March-end, says CFO Details
8Fuel price: Petrol, diesel rates dip in Delhi on third consecutive day Details
8Thirteen private companies bid to operate ONGC's 64 oil and gas fields Details
8Assam Hydrocarbon seeks 10 per cent participating interest in Oil India Details
8Reliance outpaces industry in petrol, diesel sales from its outlets Details
8LNG pumps being planned along golden quadrilateral Details
8Govt considering specific excise duty on aviation turbine fuel Details
8Make in India to get Rs 22,000 crore boost from city gas expansion programme Details
8Switch to cleaner fuel or face closure, EPCA chief warns Ghaziabad factories Details
8Petrol, diesel prices cut for 4th straight day Details
8Oil surges as Libyan pipeline shutdown cripples output Details
8Biodiesel producer BioD Energy planning to expand footprint Details
You can also click on Newsclips for more   Details

PLL to look for another opportunity to bring down price slope for LNG from Qatar

Jan 17: Petronet LNG Ltd (PLL) will make another attempt to bring down its steep long term LNG slope with Qatar Gas
8Find out what steps PLL is taking in this direction. Details

Gas sector road map: PNGRB working on a detailed exercise

Jan 17: The PNGRB is drawing up what will arguably be the most ambitious mapping of the gas sector in India
8It will lay out in great detail the current and the future road map for demand as well as supply of gas
8It is going to be a bottom up exercise, and therefore likely to be more realistic.
Click on Reports for more Details

Cairn fast tracks offshore E&P work

Jan 17: Cairn India has decided to fast track its E&P work in its offshore fields
8It is now actively looking for contractors
Click on Reports for more Details

E&P Briefs

Jan 17: 8Cyclic Steam Simulation project coming up. Oil and Natural Gas Corporation Limited is planning to enhance the productivity from the Lanwa field, using cyclic stimulation pilot project.
 Pre bid conference is on January 28, 2020
8ONGC awards seismic contract: Alphageo bags the award Details

ONGC's protective coating of process platforms: Know more

Jan 17: The job involves process platforms across different fields
8February 20 is the pre-bid meeting
Click on Details to know who are likely to attend Details

Ratna platform project: Question mark over Sapura-Afcons bid

Jan 20: The Sapura-Afcons consortium bid against the Ratna platform tender is running into trouble.
8The consortium may not make it to the final list
Click on Details to find out why  
Details

Ratna platform project: Experienced Sapura hand may find himself in unfamiliar territory

Jan 20: Sapura's pointsman in India is its country manager Phanindhar Chivukula
8He is an experienced hand, well versed in dealing with ONGC over the years
8But this time around, he is in unfamiliar territory.
Find out more
Details

Precipitous drop in spot LNG prices likely: May spur a golden age for gas in India

Jan 20: 2020 is going to see a precipitous drop in spot LNG prices
8And this may well become the golden age for gas in India, powered by LNG. Low prices, along with policy support, can trigger the start-up of the currently hibernating gas-based power capacity.
8The gas market in India is elastic and low prices can see a wholesale switch from up to 100 industrial clusters which are currently under notice from the National Green Tribunal
8The big constraint will be on the part of the gas supplier, in being able to reach out either through physical pipeline or virtual pipeline deliveries wherever gas is needed.
8How far can prices fall?
Click on Reports for more Details

Precipitous drop in spot LNG prices likely: Indian buyers are the most active in the global market right now

Jan 20: Spurred by prevailing low LNG prices, which may go even lower in the coming months, Indian spot LNG operators are reportedly among the most active buyers in the global market.
8Current purchases are still in the $5/mmbtu range but RIL was able to source a March cargo at $4.50-$4.70/mmbtu range
8GSPC's Mundra commissioning cargo came at a low $5/mmbtu
8The timeline on how long gas prices are going to remain low is getting extended, as waves of fresh capacity areexpected to come up going ahead.
Click on Details for more Details

Europe is a "sink" for global LNG, can India's spare LNG capacity be similarly utilized?

Jan 20: Major LNG exporters have bought up the entire primary capacity of  of European regasification terminals for a 15-year period (on average).
8Europe is a "sink" for excess LNG capacity globally.
8Can excess capacity in India also become a "sink"?
8It can perhaps, but there will be a need for flexibility in regulations and contracts
Click on Details for more Details

Natural gas future: Is it the beginning of a new paradigm or the end of it?

Jan 20: It is hard to know sometimes whether natural gas is in a golden age or a dark age.
8Gas is often presented as a promising candidate to deliver cleaner air and decarbonization, which are reasons why many outlooks see a continued need for gas to 2040 and beyond, even assuming a rapid energy transition.
8Others see it as a temporary and expensive solution that we, as a world, must not lock in, lest we undermine our efforts on deep decarbonization.
8And others still question whether gas should play any role at all in the energy transition, its environmental credentials undercut by fugitive emissions, venting and flaring, and by the fact that it is still a carbon-emitting energy source. In their eyes, the sooner we can phase out gas, the better.
Click on Reports for more Details

US-China trade war eases: How will that impact the energy shipping market?

Jan 20: There has been an easing in the trade war between China and the US
8China has committed to $52.4 billion in additional energy purchases,
8So what are the implications for the crude tanker and LNG shipping market?
8Will this lead to higher traffic?
Click on Details for more Details

Tengakhat-Kathaloni-Dikom development drilling: Tendering to be delayed

Jan 20: 8Project Name: Tengakhat-Kathaloni-Dikom Development Drilling
8Project Cost: Rs 5655 crore
8Project Event: RFQ for a drilling rig is expected by Q3 2020.
RFQ for a EPC contractor is expected by Q3 2020.

Click here for more details
Details

Rs 3750 crore drilling plan: RFQ timelines finalized

Jan 20: 8Project Name: Bhuvanagiri Development Drilling
8Project Cost: Rs 3750 crore
8Project Event: RFQ for the hiring of EIA services is expected by March 2020.
RFQ for the hiring of a Horizontal drilling services is expected by Q2 2020.
RFQ for the hiring of an EPC contractor for EPS expansion is expected by Q2 2020.

Click here for more details
Details

KG-DWN-98/2 Drillship tender : What to expect?

Jan 20: 8Oil and Natural Gas Corporation Limited's tender for the charter hiring of a Drillship Rig of 3000m WD capability for 1.5 years seems to be have evinced a lot of interest
8Find out who are interested and what kind of work will the drillship do  Details

Varanasi greenfield LPG bottling plant: EPCM RFQ in March instead of January

Jan 20: Project Name:  Varanasi Greenfield LPG Bottling Plant Project
8Project Cost: 195 crores
8Project Event: RFQ for the EPCM contractor is expected by March-2020.instaed of January now
Click here for more details Details

Briefs

Jan 20: 8RIL's Vadodara debottlenecking comes with some significant environmental riders. This includes zero liquid discharge within a stipulated time. And a 40% increase in green belt of the total land area. Click on  Details for more
8It is a small Rs 30 crore refinery debottlenecking activity. RFQ for an EPCM is expected in March. Click here for more details Details

We have stepped up our CGD coverage

Jan 20: We have stepped up our coverage of the city gas distribution sector in our database
8Project Name: Kota, Baran, and Chittorgarh (Rawatbhata Taluka) Districts City Gas Distribution
8Project Cost: Rs 600 crore
8Project Event: RFQs for laying steel pipeline network and associated works is expected later in Q1 2021.
RFQs for laying of MDPE pipes network and associated works is expected in Q3 2020.
RFQs for Galvanized Iron pipes is expected in Q3 2020.
RFQs for further equipments for CNG stations are expected later in Q3 2020.
8RFQ Date: Q3/2020
8Release Date: Q4/2020
8Start Date: Q1/2019
8Completion Date: Q4/2027
Click here for more details for key contacts and other details

8
Project Name: SAS Nagar District, Patiala and Sangrur District City Gas Distribution
8Project Cost: Rs 800 crore
8Project Event: RFQs for laying steel pipeline network and associated works is expected later in Q1 2021.
RFQs for laying of MDPE pipes network and associated works is expected in Q3 2020.
RFQs for further equipments for CNG stations are expected later in Q3 2020.
8RFQ Date: Q3/2020
8Release Date: Q4/2020
8Start Date: Q1/2019
8Completion Date: Q4/2027
Click here for more details for key contacts and other details
Details

Abundant sub-$3/mmbtu reservoirs available: Fresh offshore gas investment will be difficult here on in India

Jan 20: Fresh offshore investment in new gas exploration in India is likely to come to a standstill, after the big decisions taken by ONGC and RIL-BP in India
8Globally, the move is towards pushing out gas from the sub-$3/mmbtu reservoirs
Click on Details for more Details

Thirteen private companies bid to operate ONGC's 64 oil and gas fields

Jan 20: For reference purposes the website carries here the following tenders:
8Request for proposal for Sale of Oil & Gas Inventory Details
8Decontamination with Passivation of process loops/ equipments in Sour Water Strippers (SWS) units Details
8ARC for carrying out IBR piping jobs Details
8Supply of Manpower for shutdown related jobs Details
8Supply, Transportation and Installation of Smart Pylons together with Comprehensive Annual Maintenance Details
8Annual Rate contract for supply of Caustic Soda Lye on 100 % purity basis Details
8Supply of around 253 crore litres of Anhydrous Denatured Ethanol Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8RIL third quarter net profit rises 14 per cent to Rs 11,841 crore; Oil-to-chemical business weighs on top-line Details
8RIL-Saudi Aramco deal unlikely to close by March-end, says CFO Details
8Fuel price: Petrol, diesel rates dip in Delhi on third consecutive day Details
8Thirteen private companies bid to operate ONGC's 64 oil and gas fields Details
8Assam Hydrocarbon seeks 10 per cent participating interest in Oil India Details
8Reliance outpaces industry in petrol, diesel sales from its outlets Details
8LNG pumps being planned along golden quadrilateral Details
8Govt considering specific excise duty on aviation turbine fuel Details
8Make in India to get Rs 22,000 crore boost from city gas expansion programme Details
8Switch to cleaner fuel or face closure, EPCA chief warns Ghaziabad factories Details
8Petrol, diesel prices cut for 4th straight day Details
8Oil surges as Libyan pipeline shutdown cripples output Details
8Biodiesel producer BioD Energy planning to expand footprint Details
You can also click on Newsclips for more   Details

PLL to look for another opportunity to bring down price slope for LNG from Qatar

Jan 17: Petronet LNG Ltd (PLL) will make another attempt to bring down its steep long term LNG slope with Qatar Gas
8Find out what steps PLL is taking in this direction. Details

Gas sector road map: PNGRB working on a detailed exercise

Jan 17: The PNGRB is drawing up what will arguably be the most ambitious mapping of the gas sector in India
8It will lay out in great detail the current and the future road map for demand as well as supply of gas
8It is going to be a bottom up exercise, and therefore likely to be more realistic.
Click on Reports for more Details

Cairn fast tracks offshore E&P work

Jan 17: Cairn India has decided to fast track its E&P work in its offshore fields
8It is now actively looking for contractors
Click on Reports for more Details

E&P Briefs

Jan 17: 8Cyclic Steam Simulation project coming up. Oil and Natural Gas Corporation Limited is planning to enhance the productivity from the Lanwa field, using cyclic stimulation pilot project.
 Pre bid conference is on January 28, 2020
8ONGC awards seismic contract: Alphageo bags the award Details

ONGC's protective coating of process platforms: Know more

Jan 17: The job involves process platforms across different fields
8February 20 is the pre-bid meeting
Click on Details to know who are likely to attend Details
  • Jan 17: Phase-2 of natural gas pipeline: RFQs ahead :Details
  • Jan 17: Prize Petroleum DSF-1 block: Third party integrated drilling services RFQ in June:Details
  • Jan 17: Offshore Living Quarters Platform: LOI by January end:Details
  • Jan 17: Greenfield R&D Centre: EPCM may go to L&T?:Details
  • Jan 17: PLL to look for another opportunity to bring down price slope for LNG from Qatar:Details
  • Jan 17: IOC to decide on bidding for BPCL after govt lays out rules: Chairman:Details