All content in this website is sourced legitimately

Helicopters flying ONGC personnel are "unsafe": Is another accident waiting to happen?.  RIL-BP gas auction fails: What options are available now?.  New PNGRB regulations may not help: Morbi cluster says last mile common carrier principle won't work for them.  LNG terminal: Abandoned.  Synthetic ethanol: EPC RFQ soon.  Rs 1000 crore plus gas grid: EPC RFQ delayed.  Megha Engineering promises first oil in August out of one of its DSF fields.  Rs 1000 crore production facility: Delayed by a year.  Surcker rod pump order by ONGC.  SBI seeks government help to salvage Rs 1 lakh cr gas plants.  Rs 200 crore Urea Energy Saving Project : Update.  Rs 5000 crore ammonia-urea complex: FInd out when PMC RFQ is coming out.  Court order for CVC probe on PLL MD: Latest update.  McDermott gets a new country manager.  Mundra terminal imbroglio: Going from bad to worse?.  GSPC-Oilex dispute: Court lifts stay, Oilex may invoke ROFR on GSPC stake sale.  Offshore E&P: New player emerges who may outshine others.  Greenfield Slurry Resid hydro cracking unit: What is next?.  ONGC awards pipeline integrity contract for Rs 30 crore.  B-37 offshore field development: Second thoughts by Sun Petrochemicals?.  

Helicopters flying ONGC personnel are "unsafe": Is another accident waiting to happen?

Oct 23: Helicopter company Global Vectra is in the eye of a storm over alleged "unsafe" flying in Mumbai High.
8Helicopters ferrying ONGC personnel to offshore platforms have not been always safe and there have been loss of life
8Is ONGC headed for another accident because adequate safety measures are still not in place?
8The ONGC brass cannot turn around and say it has not been warned
Click on Details for more Details

RIL-BP gas auction fails: What options are available now?

Oct 23: Having failed to elicit a good response against its tender for 5 mmscmd of gas at a slope of 9% to the Brent index, the RIL-BP duo will have to try again
8What caused the auction to fail?
8When will the two try again to hold another auction?
8How will the auction parameters change?
Click on Details for more. Details

New PNGRB regulations may not help: Morbi cluster says last mile common carrier principle won't work for them

Oct 23: The industrial belt of Morbi has been in focus following a National Green Tribunal order which forced the ceramic cluster to switch to using gas instead of coal.
8Peak gas consumption from the cluster is pegged at 6 mmscmd. There are 100 such industrial clusters around the country, which the NGT believes can switch from using coal or liquid fuels to gas, thereby opening up a  huge opportunity for gas suppliers.
8The gas is supplied by Gujarat Gas and transportation is through the GSPL network. Gas contracts are short term in nature, ranging from 2 to 3 months.
8The very nature of the gas supply matrix is such that the cluster is unable to negotiate a better gas price -- with LNG spot prices now a little over $4/mmbtu -- with competing suppliers as it is under the grip of two monopolies, one, the supplier of gas and the other, the transporter.
8The PNGRB is trying to loosen up this grip by calling for application of the common carrier concept to local area gas suppliers but the fact that Morbi will not stand to gain from it is a glaring of example of how regulations can fall way short of expectations.
Click on Details for more Details

LNG terminal: Abandoned

Oct 23: Not all LNG terminals eventually become viable
8Here is a 5 MMTPA terminal, meant to be an FSRU and with some shore base facilities
8The project had blue chip promoters but had to be abandoned
Click on Details for more.
Details

Synthetic ethanol: EPC RFQ soon

Oct 23: Here is an ethanol plant not being set up using biomass
8EIA has been prepared
8Engineering consultant is a private sector major
8Technology provider has been settled
8Expect EPC contractor RFQ soon
Click on Details for more
Details

Rs 1000 crore plus gas grid: EPC RFQ delayed

Oct 23: An EPC contractor will be hired
8But clearances are delayed
8RFQ likely in Q2, 2020
Click on Details for more
Details

Megha Engineering promises first oil in August out of one of its DSF fields

Oct 23: Megha Engineering and Infrastructure Ltd wants to hit first oil from one of its DSF fields in mid-August 2020
8Earlier there were doubts where this deadline can be met
8But the company seems to be prepared to meet this deadline and is in the process of finalizing services contracts for the field
Click on Details for more
Details

Rs 1000 crore production facility: Delayed by a year

Oct 23: Oil India Ltd has the uncanny knack of getting the environmental clearances process wrong in several of its blocks
8Here is one Rs 1000 crore project where the RFQ for an EPC contractor for production facilities is going to be delayed by a year
Click on Details for more
Details

Surcker rod pump order by ONGC

Oct 23: A sucker rod pump contract of ONGC was garnered by Singapore based Chase Resource Mangement Ltd
8Find out who were in the race
And what price the deal was struck Details

SBI seeks government help to salvage Rs 1 lakh cr gas plants

Oct 23: For reference purposes the website carries here the following tenders:
8Supply & Fixing of Metal Safety Guard Rails on the road sides at KLPL Plant Area Details
8Supply of 100,000 KG of Tri- Ethylene Glycol Details
8Hiring of Services for Pipeline Laying and associated services for replacement of Spur line Details
8Procurement of piping materials Details
8Repairing of Absorber columns Details
8Carrying out Instrumentation Maintenance Jobs Details
8POL Bottom Loading Arms for Krishnapatanam Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8India's September oil imports at three-year low, Saudi regains top spot Details
8ONGC Videsh board may consider listing at next meeting Details
8SBI seeks government help to salvage Rs 1 lakh cr gas plants Details
8Dubai's Dragon Oil buys BP stake in Gulf of Suez oil firm in Egypt Details
8Canada's oil and gas sector wary of left-leaning parties in minority government Details
8Brazil sending more troops in oil spill clean-up Details
8UBS, Simmons Energy pare bankers as shale M&A slows - sources Details
8FACTBOX-Canada's energy policy as Liberals look set to form minority govt Details
8Rosneft sells contaminated oil to Vitol at more than $25/bbl discount Details
8Oil slips after U.S. inventory build, but possible OPEC cuts support market Details
8Petrobras, Brazil's government near oil marketing deal: official Details
You can also click on Newsclips for more   Details

Rs 200 crore Urea Energy Saving Project : Update

Oct 23: Ammonia-Urea Energy Saving Project 
8Cost - Rs 200 crore
8Project Event: Basic engineering and detailed engineering has been done by KBR and Tecnimont. 98 % erection and installation of mechanical equipment have been completed. The project is in the initial phase of commissioning, The commissioning is delayed by two month due to delay in the construction. Commissioning is now slated for November 2019. Details

Rs 5000 crore ammonia-urea complex: FInd out when PMC RFQ is coming out

Oct 23: Ammonia-Urea Brownfield Project
8Cost - Rs 4933 crore
8Project Event: The project has elicited cabinet approval. JV finalization is ongoing in which DOF will finalize the plant size and equity share and it is likely to be finalized in December 2019.
8Find out when the RFQ for a PMC contractor is likely 
Click on Details for more
Details

Court order for CVC probe on PLL MD: Latest update

Oct 22: The Delhi High Court had ordered a probe by the Central Vigilance Commission (CVC) into allegations of irregularities alleged by Petronet LNG project head, Rajeev Agarwal.
8What is the latest status on the subject?
Click on Details for more
Details

McDermott gets a new country manager

Oct 22: McDermott has got in a new country manager in India
8He brings in wide experience, and is expected to give impetus to the engineering and EPC major's business India
8The multinational has 2200 people working in India
Click on Details for more
Details

Mundra terminal imbroglio: Going from bad to worse?

Oct 22: What is the latest status on the Mundra LNG terminal?
8It was commissioned a year ago, and it looks like the situation is going from bad to worse, with the Adanis playing truant.
8Meanwhile, caught in the scuffle, contractors are claiming that they have not been paid their dues.
Click on Details for more
Details

GSPC-Oilex dispute: Court lifts stay, Oilex may invoke ROFR on GSPC stake sale

Oct 22: Oilex has got the upper hand in the dispute with GSPC over control of the Cambay block
8Will it eventually want to take 100% control?
Click on Details for more  
Details

Offshore E&P: New player emerges who may outshine others

Oct 22: The Indian offshore E&P business has seen little competition so far. There are only a small clutch of local players in the fray.
8Only L&T seems to have the prowess to bid on its own.
8One new player, with a global tie-up, is now eyeing the space. There is speculation that it can indeed become a formidable player
Click on Details for more Details

Greenfield Slurry Resid hydro cracking unit: What is next?

Oct 22: Get the latest update on a Greenfield Slurry Resid hydro cracking (indResid)
8It is a pilot project, worth Rs 150 crore
8The PMC has been appointed
Know more on what is next.
Details

ONGC awards pipeline integrity contract for Rs 30 crore

Oct 22: ONGC has awarded a contract for overseeing the overall integrity of its offshore and onshore pipelines as well as its gas distribution network
8The one-year contract is for a sum of Rs 30 crore
Click on Details for more Details

B-37 offshore field development: Second thoughts by Sun Petrochemicals?

Oct 22: Are there second thoughts on the B-37 offshore development by Sun Petrochemicals?
8The block was awarded under DSF-2016 but was sent for relinquishement
Click on Details for more Details

Helicopters flying ONGC personnel are "unsafe": Is another accident waiting to happen?

Oct 23: Helicopter company Global Vectra is in the eye of a storm over alleged "unsafe" flying in Mumbai High.
8Helicopters ferrying ONGC personnel to offshore platforms have not been always safe and there have been loss of life
8Is ONGC headed for another accident because adequate safety measures are still not in place?
8The ONGC brass cannot turn around and say it has not been warned
Click on Details for more Details

RIL-BP gas auction fails: What options are available now?

Oct 23: Having failed to elicit a good response against its tender for 5 mmscmd of gas at a slope of 9% to the Brent index, the RIL-BP duo will have to try again
8What caused the auction to fail?
8When will the two try again to hold another auction?
8How will the auction parameters change?
Click on Details for more. Details

New PNGRB regulations may not help: Morbi cluster says last mile common carrier principle won't work for them

Oct 23: The industrial belt of Morbi has been in focus following a National Green Tribunal order which forced the ceramic cluster to switch to using gas instead of coal.
8Peak gas consumption from the cluster is pegged at 6 mmscmd. There are 100 such industrial clusters around the country, which the NGT believes can switch from using coal or liquid fuels to gas, thereby opening up a  huge opportunity for gas suppliers.
8The gas is supplied by Gujarat Gas and transportation is through the GSPL network. Gas contracts are short term in nature, ranging from 2 to 3 months.
8The very nature of the gas supply matrix is such that the cluster is unable to negotiate a better gas price -- with LNG spot prices now a little over $4/mmbtu -- with competing suppliers as it is under the grip of two monopolies, one, the supplier of gas and the other, the transporter.
8The PNGRB is trying to loosen up this grip by calling for application of the common carrier concept to local area gas suppliers but the fact that Morbi will not stand to gain from it is a glaring of example of how regulations can fall way short of expectations.
Click on Details for more Details

LNG terminal: Abandoned

Oct 23: Not all LNG terminals eventually become viable
8Here is a 5 MMTPA terminal, meant to be an FSRU and with some shore base facilities
8The project had blue chip promoters but had to be abandoned
Click on Details for more.
Details

Synthetic ethanol: EPC RFQ soon

Oct 23: Here is an ethanol plant not being set up using biomass
8EIA has been prepared
8Engineering consultant is a private sector major
8Technology provider has been settled
8Expect EPC contractor RFQ soon
Click on Details for more
Details

Rs 1000 crore plus gas grid: EPC RFQ delayed

Oct 23: An EPC contractor will be hired
8But clearances are delayed
8RFQ likely in Q2, 2020
Click on Details for more
Details

Megha Engineering promises first oil in August out of one of its DSF fields

Oct 23: Megha Engineering and Infrastructure Ltd wants to hit first oil from one of its DSF fields in mid-August 2020
8Earlier there were doubts where this deadline can be met
8But the company seems to be prepared to meet this deadline and is in the process of finalizing services contracts for the field
Click on Details for more
Details

Rs 1000 crore production facility: Delayed by a year

Oct 23: Oil India Ltd has the uncanny knack of getting the environmental clearances process wrong in several of its blocks
8Here is one Rs 1000 crore project where the RFQ for an EPC contractor for production facilities is going to be delayed by a year
Click on Details for more
Details

Surcker rod pump order by ONGC

Oct 23: A sucker rod pump contract of ONGC was garnered by Singapore based Chase Resource Mangement Ltd
8Find out who were in the race
And what price the deal was struck Details

SBI seeks government help to salvage Rs 1 lakh cr gas plants

Oct 23: For reference purposes the website carries here the following tenders:
8Supply & Fixing of Metal Safety Guard Rails on the road sides at KLPL Plant Area Details
8Supply of 100,000 KG of Tri- Ethylene Glycol Details
8Hiring of Services for Pipeline Laying and associated services for replacement of Spur line Details
8Procurement of piping materials Details
8Repairing of Absorber columns Details
8Carrying out Instrumentation Maintenance Jobs Details
8POL Bottom Loading Arms for Krishnapatanam Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8India's September oil imports at three-year low, Saudi regains top spot Details
8ONGC Videsh board may consider listing at next meeting Details
8SBI seeks government help to salvage Rs 1 lakh cr gas plants Details
8Dubai's Dragon Oil buys BP stake in Gulf of Suez oil firm in Egypt Details
8Canada's oil and gas sector wary of left-leaning parties in minority government Details
8Brazil sending more troops in oil spill clean-up Details
8UBS, Simmons Energy pare bankers as shale M&A slows - sources Details
8FACTBOX-Canada's energy policy as Liberals look set to form minority govt Details
8Rosneft sells contaminated oil to Vitol at more than $25/bbl discount Details
8Oil slips after U.S. inventory build, but possible OPEC cuts support market Details
8Petrobras, Brazil's government near oil marketing deal: official Details
You can also click on Newsclips for more   Details

Rs 200 crore Urea Energy Saving Project : Update

Oct 23: Ammonia-Urea Energy Saving Project 
8Cost - Rs 200 crore
8Project Event: Basic engineering and detailed engineering has been done by KBR and Tecnimont. 98 % erection and installation of mechanical equipment have been completed. The project is in the initial phase of commissioning, The commissioning is delayed by two month due to delay in the construction. Commissioning is now slated for November 2019. Details

Rs 5000 crore ammonia-urea complex: FInd out when PMC RFQ is coming out

Oct 23: Ammonia-Urea Brownfield Project
8Cost - Rs 4933 crore
8Project Event: The project has elicited cabinet approval. JV finalization is ongoing in which DOF will finalize the plant size and equity share and it is likely to be finalized in December 2019.
8Find out when the RFQ for a PMC contractor is likely 
Click on Details for more
Details

Court order for CVC probe on PLL MD: Latest update

Oct 22: The Delhi High Court had ordered a probe by the Central Vigilance Commission (CVC) into allegations of irregularities alleged by Petronet LNG project head, Rajeev Agarwal.
8What is the latest status on the subject?
Click on Details for more
Details

McDermott gets a new country manager

Oct 22: McDermott has got in a new country manager in India
8He brings in wide experience, and is expected to give impetus to the engineering and EPC major's business India
8The multinational has 2200 people working in India
Click on Details for more
Details

Mundra terminal imbroglio: Going from bad to worse?

Oct 22: What is the latest status on the Mundra LNG terminal?
8It was commissioned a year ago, and it looks like the situation is going from bad to worse, with the Adanis playing truant.
8Meanwhile, caught in the scuffle, contractors are claiming that they have not been paid their dues.
Click on Details for more
Details

GSPC-Oilex dispute: Court lifts stay, Oilex may invoke ROFR on GSPC stake sale

Oct 22: Oilex has got the upper hand in the dispute with GSPC over control of the Cambay block
8Will it eventually want to take 100% control?
Click on Details for more  
Details

Offshore E&P: New player emerges who may outshine others

Oct 22: The Indian offshore E&P business has seen little competition so far. There are only a small clutch of local players in the fray.
8Only L&T seems to have the prowess to bid on its own.
8One new player, with a global tie-up, is now eyeing the space. There is speculation that it can indeed become a formidable player
Click on Details for more Details

Greenfield Slurry Resid hydro cracking unit: What is next?

Oct 22: Get the latest update on a Greenfield Slurry Resid hydro cracking (indResid)
8It is a pilot project, worth Rs 150 crore
8The PMC has been appointed
Know more on what is next.
Details

ONGC awards pipeline integrity contract for Rs 30 crore

Oct 22: ONGC has awarded a contract for overseeing the overall integrity of its offshore and onshore pipelines as well as its gas distribution network
8The one-year contract is for a sum of Rs 30 crore
Click on Details for more Details

B-37 offshore field development: Second thoughts by Sun Petrochemicals?

Oct 22: Are there second thoughts on the B-37 offshore development by Sun Petrochemicals?
8The block was awarded under DSF-2016 but was sent for relinquishement
Click on Details for more Details
  • Oct 22: Offshore E&P: New player emerges who may outshine others:Details
  • Oct 22: Greenfield Slurry Resid hydro cracking unit: What is next?:Details
  • Oct 22: ONGC awards pipeline integrity contract for Rs 30 crore:Details
  • Oct 22: B-37 offshore field development: Second thoughts by Sun Petrochemicals?:Details
  • Oct 22: ONGC's Ramanathanpuram Onshore field : Activity ahead:Details
  • Oct 22: PFH Oil & Gas' Cambay campaign: Update:Details