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ONGC's AHTS requirement: L-1 bidder quotes way lower than L-2.  ONGC's PSV tender: Raj Shipping comes out lowest .  ONGC's OSV tender: Hind Offshore has the lowest rate.  Three downstream EPC tenders expected ahead.  IOC gets a marketing director, finally.  Greet Eastern Shipping finds work for two offshore rigs.  Bijnor and Nainital Districts City Gas Distribution-An Update.  Daily import matrices.  LNG shipments lined up.  Software update: Fertilizer projects.  Bharat Petroleum elevates VRK Gupta as Chief Financial Officer.  Removing ceiling on gas prices: What is the government saying?.  Panipat refinery expansion EPCM-2 contract: EIL will have to work harder in trimming costs.  Panipat refinery expansion EPCM-3 contract: Toyo comes out last.  Two additional tanks at Dahej LNG terminal: L&T stands a good chance of grabbing it.  Mounded bullets package in Gujarat refinery: NCR outfit is L-1.  IOC's diversification outside of traditional fuels: Many consultancies interested in helping out.  Software update: Fertilizer projects.  Floating LNG stations is the new rage.  Revelation of price bid during techno-commercial bid: Provisions relaxed.  

ONGC's AHTS requirement: L-1 bidder quotes way lower than L-2

Aug 04: It looks like Great Eastern Shipping has dragged down the L-1 rate for 80-tonne Anchor Handling Tug Supply (AHTS)
8They were L-1 by a long distance from the L-2 and other rates
8So what ONGC will do now is to ask the others to match the L- rate
8Incidentally, against the requirement of 8 vessels, only seven were shortlisted.
Click on Reports for the day rates quoted by those who put in their bids Details

ONGC's PSV tender: Raj Shipping comes out lowest

Aug 04: Raj Shipping quoted significantly lower than the L-2 competitor against ONGC's requirement of 4 PSVs of 3000 DWT capacity.
8It had offered the Indian flagged 2003-make vessel, the Offshore Monarch, in the bid.
Click on Reports for more for the entire pricing matrix Details

ONGC's OSV tender: Hind Offshore has the lowest rate

Aug 04: Against ONGC's requirement for 1500 tonne Offshore Supply Vessels (OSVs), the lowest bidder was Hind Offshore
8Norwegian built Lady Grace which is Indian flagged was the vessel that was offered by the company
Click on Reports for more Details

Three downstream EPC tenders expected ahead

Aug 04: 8Three fresh EPC tenders for downstream projects are expected ahead
8Find out who the possible bidders are likely to be Details

IOC gets a marketing director, finally

Aug 04: At long last, IOCL has a marketing director
8One of the several executive directors who applied for the job was selected
Click on Reports for more Details

Greet Eastern Shipping finds work for two offshore rigs

Aug 04: Great Eastern Shipping has been able to put one of the two off-contract offshore rigs back on contract
8The second rig will also be placed as it is the lowest bidder against a tender
8Get an update on the offshore rig market directly from the company.
Click on Details for more Details

Bijnor and Nainital Districts City Gas Distribution-An Update

Aug 04: Project Name: Bijnor and Nainital Districts City Gas Distribution.
 8Project Cost: Rs 370 crore
 8Project Description: Hindustan Petroleum Corporation Limited has been granted permission on March 29, 2019, to set up a CGD network in Bijnor and Nainital Districts of Uttar Pradesh and Uttarakhand. The entity won the project under the 10th CGD bidding round. The CGD network will have a coverage area of 8812 sq. km. For an overall timeframe of 10 years, HPCL is expected to provide 300000 piped natural gas connections and 91 CNG Stations. Gas is expected to be drawn from Dadri Bawana Nangal Natural Gas Pipeline
Click here for more details for more of what is ahead with this CGD block. Details

Daily import matrices

Aug 04: The website carries here the daily import matrices for:
8Crude Oil
8LPG
8Ammonia
8Chemicals
8Daily tanker lineups
8Daily dry and bulk cargo lineups
8Daily port status update
Click on Reports for more Details

LNG shipments lined up

Aug 04: As per our data as of yesterday, LNG cargoes are lined up for three out of six LNG terminals in India.
8Of the three, Mundra only has one cargo that is currently offloading
8The other two terminals are Dahej and Hazira
Click on Reports for more Details

Software update: Fertilizer projects

Aug 04: Sulphuric Acid/DAP/NPK/Ammonium Sulphate Expansion Project
8Cost - Rs 550 crore
RFQ only after environment clearance. And that is taking time
Urea Expansion Project
8Cost - Rs 52 crore
RFQ delayed by another month
Click on Details for more Details

Bharat Petroleum elevates VRK Gupta as Chief Financial Officer

Aug 04: For reference purposes the website carries here the following tenders:
8ARC for supply of Liquid Nitrogen through road tankers Details
8Two Year Comprehensive AMC of Audio Video System Details
8Supply of Metallic Gaskets Details
8Hiring of Contract Services for Monitoring Contract for Internal Corrosion System Details
8AMC for O&M of Organic Waste Converter Plants Details
8Carrying out T4S Audit of LPG Storage Details
8Carrying out Certification of ERDMP at various GAIL sites Details
8Carrying out T4S Audit of NG Pipelines Details
8Carrying out T4S Audit of LPG Pipelines Details
8Carrying out T4S Audit for CGD Network Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Summit Oil signs pact with Commonwealth LNG for supply to Bangladesh Details
8Fuel prices remain static for 17 consecutive days Details
8Are fugitive Sandesara brothers selling oil to India via UK companies? Details
8Brazil's Petrobras undecided on LPG program Details
8Rahul Gandhi meets opposition leaders over breakfast, rides bicycle to Parliament to protest fuel hike Details
8Blending of biodiesel in diesel is less than 0.1 pc: Centre Details
8BP returns to profit as oil prices recover Details
8Riding the oil price rebound: Gulf states to accelerate asset sales Details
8UK summons Iranian envoy following oil tanker attack Details
8Study suggests stinkweed could make cleaner biojet fuel Details
8Oil drops for third day on concerns COVID-19 variant spread to cut demand Details
8Abu Dhabi National Energy Co nears deal to sell some Canadian assets to Blue Sky Details
8Over 600 CNG stations will be set up in 5 years: Kerala CM P Vijayan Details
8MNGL announces hike in CNG, domestic PNG prices effective 1 August Details
8Maharashtra: MSRTC issues tenders for LNG and wet lease buses Details
8Indian carmakers seek extra year to meet fuel efficiency rules, sources say Details
8Bharat Petroleum elevates VRK Gupta as Chief Financial Officer Details
You can also click on Newsclips for more   Details

Removing ceiling on gas prices: What is the government saying?

Aug 03: Given that domestic gas prices are so low, both for onland and deepwater fields, is there a proposal to remove the ceiling?
8A lot of pressure has been brought on the government both by ONGC and RIL to take the ceiling off
 Click on Details for more Details

Panipat refinery expansion EPCM-2 contract: EIL will have to work harder in trimming costs

Aug 03: Looks like EIL had got the pricing wrong for the EPCM for the polypropylene and catalytic dewaxing units for the Panipat refinery
8It came last in the bidding for the contract
8Clearly, the engineering major has high overheads, but it will have to trim down its costs and its pricing to grab consultancy contracts Details

Panipat refinery expansion EPCM-3 contract: Toyo comes out last

Aug 03: 8There was a high price differential between bidders for the crucial EPCM for the overall project management of capacity expansion of the Panipat refinery from 15Mmtpa to 25Mmtpa
8Toyo came last, and its price was almost twice as high as that of the L-1 bidder Details

Two additional tanks at Dahej LNG terminal: L&T stands a good chance of grabbing it

Aug 03: 8Find out why L&T stands the best chance of grabbing the RFP for two additional tanks for PLL’s Dahej LNG terminal.
Click on Details for more Details

Mounded bullets package in Gujarat refinery: NCR outfit is L-1

Aug 03: An Mumbai-based company has bagged the propylene and LPG mounded bullets project for Rs 499 crore for the Gujarat refinery
8It was a three-way fight
Click on Details for more Details

IOC's diversification outside of traditional fuels: Many consultancies interested in helping out

Aug 03: Indian Oil Corporation wants to diversify away from just being a traditional supplier of petrol and diesel to other relevant alternatives.
8Find out which companies responded to a proposal.
Click on Details for more Details

Software update: Fertilizer projects

Aug 03: DAP/NPK- Phosphoric Acid & Sulphuric Acid Greenfield Project
8Cost - Rs 2000 crore
PMC request for quotation (RFQ) in Q3 FY2021-22
DAP/NPK Greenfield Project
8Cost - Rs 300 crore
EPC RFQ in September Details

Floating LNG stations is the new rage

Aug 03: 8Onshore regasification terminals are being replaced by FSRUs at an increasing rate. Around 30 per cent of new terminals are now being developed with FSRUs, mainly the smaller capacity units up to five
 mtpa. For these projects, an FSRU can often be developed faster, at a lower cost, and with lower capital intensity using a leased vessel.
8The same trend is emerging for floating gas-fired power generation plants, where the same benefits are now possible. Leased power barges and power ships are now available on the market up to 500 MW, and
 in the future, this could grow to 1 GW capacity.
Click on Reports for more Details

Revelation of price bid during techno-commercial bid: Provisions relaxed

Aug 03: 8This public sector oil & gas company has decided to relax the provision surrounding the disclosure of price bid during the techno-commercial stage
8There will not be a outright rejection now
Click on Reports for more Details

ONGC's AHTS requirement: L-1 bidder quotes way lower than L-2

Aug 04: It looks like Great Eastern Shipping has dragged down the L-1 rate for 80-tonne Anchor Handling Tug Supply (AHTS)
8They were L-1 by a long distance from the L-2 and other rates
8So what ONGC will do now is to ask the others to match the L- rate
8Incidentally, against the requirement of 8 vessels, only seven were shortlisted.
Click on Reports for the day rates quoted by those who put in their bids Details

ONGC's PSV tender: Raj Shipping comes out lowest

Aug 04: Raj Shipping quoted significantly lower than the L-2 competitor against ONGC's requirement of 4 PSVs of 3000 DWT capacity.
8It had offered the Indian flagged 2003-make vessel, the Offshore Monarch, in the bid.
Click on Reports for more for the entire pricing matrix Details

ONGC's OSV tender: Hind Offshore has the lowest rate

Aug 04: Against ONGC's requirement for 1500 tonne Offshore Supply Vessels (OSVs), the lowest bidder was Hind Offshore
8Norwegian built Lady Grace which is Indian flagged was the vessel that was offered by the company
Click on Reports for more Details

Three downstream EPC tenders expected ahead

Aug 04: 8Three fresh EPC tenders for downstream projects are expected ahead
8Find out who the possible bidders are likely to be Details

IOC gets a marketing director, finally

Aug 04: At long last, IOCL has a marketing director
8One of the several executive directors who applied for the job was selected
Click on Reports for more Details

Greet Eastern Shipping finds work for two offshore rigs

Aug 04: Great Eastern Shipping has been able to put one of the two off-contract offshore rigs back on contract
8The second rig will also be placed as it is the lowest bidder against a tender
8Get an update on the offshore rig market directly from the company.
Click on Details for more Details

Bijnor and Nainital Districts City Gas Distribution-An Update

Aug 04: Project Name: Bijnor and Nainital Districts City Gas Distribution.
 8Project Cost: Rs 370 crore
 8Project Description: Hindustan Petroleum Corporation Limited has been granted permission on March 29, 2019, to set up a CGD network in Bijnor and Nainital Districts of Uttar Pradesh and Uttarakhand. The entity won the project under the 10th CGD bidding round. The CGD network will have a coverage area of 8812 sq. km. For an overall timeframe of 10 years, HPCL is expected to provide 300000 piped natural gas connections and 91 CNG Stations. Gas is expected to be drawn from Dadri Bawana Nangal Natural Gas Pipeline
Click here for more details for more of what is ahead with this CGD block. Details

Daily import matrices

Aug 04: The website carries here the daily import matrices for:
8Crude Oil
8LPG
8Ammonia
8Chemicals
8Daily tanker lineups
8Daily dry and bulk cargo lineups
8Daily port status update
Click on Reports for more Details

LNG shipments lined up

Aug 04: As per our data as of yesterday, LNG cargoes are lined up for three out of six LNG terminals in India.
8Of the three, Mundra only has one cargo that is currently offloading
8The other two terminals are Dahej and Hazira
Click on Reports for more Details

Software update: Fertilizer projects

Aug 04: Sulphuric Acid/DAP/NPK/Ammonium Sulphate Expansion Project
8Cost - Rs 550 crore
RFQ only after environment clearance. And that is taking time
Urea Expansion Project
8Cost - Rs 52 crore
RFQ delayed by another month
Click on Details for more Details

Bharat Petroleum elevates VRK Gupta as Chief Financial Officer

Aug 04: For reference purposes the website carries here the following tenders:
8ARC for supply of Liquid Nitrogen through road tankers Details
8Two Year Comprehensive AMC of Audio Video System Details
8Supply of Metallic Gaskets Details
8Hiring of Contract Services for Monitoring Contract for Internal Corrosion System Details
8AMC for O&M of Organic Waste Converter Plants Details
8Carrying out T4S Audit of LPG Storage Details
8Carrying out Certification of ERDMP at various GAIL sites Details
8Carrying out T4S Audit of NG Pipelines Details
8Carrying out T4S Audit of LPG Pipelines Details
8Carrying out T4S Audit for CGD Network Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Summit Oil signs pact with Commonwealth LNG for supply to Bangladesh Details
8Fuel prices remain static for 17 consecutive days Details
8Are fugitive Sandesara brothers selling oil to India via UK companies? Details
8Brazil's Petrobras undecided on LPG program Details
8Rahul Gandhi meets opposition leaders over breakfast, rides bicycle to Parliament to protest fuel hike Details
8Blending of biodiesel in diesel is less than 0.1 pc: Centre Details
8BP returns to profit as oil prices recover Details
8Riding the oil price rebound: Gulf states to accelerate asset sales Details
8UK summons Iranian envoy following oil tanker attack Details
8Study suggests stinkweed could make cleaner biojet fuel Details
8Oil drops for third day on concerns COVID-19 variant spread to cut demand Details
8Abu Dhabi National Energy Co nears deal to sell some Canadian assets to Blue Sky Details
8Over 600 CNG stations will be set up in 5 years: Kerala CM P Vijayan Details
8MNGL announces hike in CNG, domestic PNG prices effective 1 August Details
8Maharashtra: MSRTC issues tenders for LNG and wet lease buses Details
8Indian carmakers seek extra year to meet fuel efficiency rules, sources say Details
8Bharat Petroleum elevates VRK Gupta as Chief Financial Officer Details
You can also click on Newsclips for more   Details

Removing ceiling on gas prices: What is the government saying?

Aug 03: Given that domestic gas prices are so low, both for onland and deepwater fields, is there a proposal to remove the ceiling?
8A lot of pressure has been brought on the government both by ONGC and RIL to take the ceiling off
 Click on Details for more Details

Panipat refinery expansion EPCM-2 contract: EIL will have to work harder in trimming costs

Aug 03: Looks like EIL had got the pricing wrong for the EPCM for the polypropylene and catalytic dewaxing units for the Panipat refinery
8It came last in the bidding for the contract
8Clearly, the engineering major has high overheads, but it will have to trim down its costs and its pricing to grab consultancy contracts Details

Panipat refinery expansion EPCM-3 contract: Toyo comes out last

Aug 03: 8There was a high price differential between bidders for the crucial EPCM for the overall project management of capacity expansion of the Panipat refinery from 15Mmtpa to 25Mmtpa
8Toyo came last, and its price was almost twice as high as that of the L-1 bidder Details

Two additional tanks at Dahej LNG terminal: L&T stands a good chance of grabbing it

Aug 03: 8Find out why L&T stands the best chance of grabbing the RFP for two additional tanks for PLL’s Dahej LNG terminal.
Click on Details for more Details

Mounded bullets package in Gujarat refinery: NCR outfit is L-1

Aug 03: An Mumbai-based company has bagged the propylene and LPG mounded bullets project for Rs 499 crore for the Gujarat refinery
8It was a three-way fight
Click on Details for more Details

IOC's diversification outside of traditional fuels: Many consultancies interested in helping out

Aug 03: Indian Oil Corporation wants to diversify away from just being a traditional supplier of petrol and diesel to other relevant alternatives.
8Find out which companies responded to a proposal.
Click on Details for more Details

Software update: Fertilizer projects

Aug 03: DAP/NPK- Phosphoric Acid & Sulphuric Acid Greenfield Project
8Cost - Rs 2000 crore
PMC request for quotation (RFQ) in Q3 FY2021-22
DAP/NPK Greenfield Project
8Cost - Rs 300 crore
EPC RFQ in September Details

Floating LNG stations is the new rage

Aug 03: 8Onshore regasification terminals are being replaced by FSRUs at an increasing rate. Around 30 per cent of new terminals are now being developed with FSRUs, mainly the smaller capacity units up to five
 mtpa. For these projects, an FSRU can often be developed faster, at a lower cost, and with lower capital intensity using a leased vessel.
8The same trend is emerging for floating gas-fired power generation plants, where the same benefits are now possible. Leased power barges and power ships are now available on the market up to 500 MW, and
 in the future, this could grow to 1 GW capacity.
Click on Reports for more Details

Revelation of price bid during techno-commercial bid: Provisions relaxed

Aug 03: 8This public sector oil & gas company has decided to relax the provision surrounding the disclosure of price bid during the techno-commercial stage
8There will not be a outright rejection now
Click on Reports for more Details
  • Aug 03: Bareilly, Pilibhit and Rampur Districts City Gas Distribution-An update:Details
  • Aug 03: Floating LNG stations is the new rage:Details
  • Aug 03: MRPL has 369k MT of crude lined up:Details
  • Aug 03: Shell’s Hazira terminal has 4 LNG shipments lined up:Details
  • Aug 03: $1.2 bn arbitration award: Govt says no formal proposal from Cairn to settle dispute:Details
  • Aug 03: Software update: Fertilizer projects:Details