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HPCL's Rajasthan refinery: More bids opened.  Refinery EPCC bidding: L&T ends dry bout.  Economic slowdown can make transition to gas more complicated.  KG-DWN-98/2 FPSO: JV partners in a bit of a financial spot?.  There was a ROV contract awarded by ONGC recently.  ONGC's Rs 957 crore CBM development: When are RFQs coming out?.  Megha Engineering's DSF round field: An update.  North Balol Oil field development plan: Lot of interest against selective RFQs .   Rs 1542 crore Bina-Panki greenfield multi-product pipeline: Some RFQs still to come out.  Shrikant Vaidya to be the next chairman of IOC.  TAPI pipeline unviable: Economics not logistics is the problem.  Swan Energy's LNG project: Promoter admits to delays.  ONGC's Production Enhancement Contracts: Company provides ingenious reply for failure to go through with Kalol and Geleki fields.  Global LNG suppliers bet more on Pakistan and Bangladesh than India now.  Indian ship dismantling industry: Coming of age?.  Oil companies have big CSR budgets: But is there enough accountability?.  DSF blocks: How serious are these operators about going ahead?.  ONGC's Mehsana, Kheda, Ahmedabad and Gandhinagar development drilling plan: Starting off soon.  Koravaka Drilling Field Development: Equipment and service orders soon.  700 km of gathering lines in ONGC's Rajahmundry asset: ONGC worried about accidents.  

HPCL's Rajasthan refinery: More bids opened

Dec 13: 8Bids for two more EPCC packages -- that of the Sulphur Recovery Block and the Diesel Hydrotreater and hydrogen geneartion unit -- have been opened for the 9 MMTPA Barmer refinery project of HPCL
8Find out who the bidders were, how much did the quote and who emerged L-1 Details

Refinery EPCC bidding: L&T ends dry bout

Dec 13: 8L&T has had a losing spree recently in refinery EPCC quotes, having lost by wide margins while bidding for the 2.4 MMTPA Delayed Coker Unit and Unsaturated LPG Treating Unit and 9 MMTPA open art Crude Distillation Unit and a 4.8 MMTPA Vacuum Distillation Unit in HPCL's Barmer refinery project
8But the dry bout ended yesterday. Details

Economic slowdown can make transition to gas more complicated

Dec 13: The economic slowdown is hitting demand for gas in industrial clusters.
8Business is down 15 to 20% and demand for gas is down accordingly down
8Find out more on how the switch to gas for Indian industrial clusters is a more complicated story than most would have us believe. Details

KG-DWN-98/2 FPSO: JV partners in a bit of a financial spot?

Dec 13: The Shapoorji Pallonji JV with Malaysia-based Bumi Armada Berhad had bagged one of the largest contracts every given out in the oil and gas industry in India
8The JV won the contract to build a FPSO for the KG-DWN-98/2 with a total estimated cumulative value of a massive $2.1 billion dollars.
8Even so, the outlook does seem to be all that rosy for the JV partners for now, it seems
Click on Details for more Details

There was a ROV contract awarded by ONGC recently

Dec 13: 8Fugro was a bidder
8So was Oceaneering International Gmbh
Click on Details for more Details

ONGC's Rs 957 crore CBM development: When are RFQs coming out?

Dec 13: ONGC has a Rs 957 crore CBM development coming up at Raniganj
8There are land overlapping issues with an adjacent airport operator
8Those are being resolved
8When will RFQs be out?
Click here for more details for key contacts and more Details

Megha Engineering's DSF round field: An update

Dec 13: What is the latest update on the DSF-1 Laxmijan drilling programme operated by Megha Engineering?
8PFR has been prepared
8RFQs are out
Click here for more details Details

North Balol Oil field development plan: Lot of interest against selective RFQs

Dec 13: 8The North Balol Oil field development plan is worth Rs 240 crore
8Lot of interest has been generated against a selective RFQs workover drilling services and drilling tangibles
Click here for more details Details

Rs 1542 crore Bina-Panki greenfield multi-product pipeline: Some RFQs still to come out

Dec 13: The Rs 1542 crore Bina-Panki greenfield multi-product pipeline still has a few RFQs coming up
8When are they coming up
8Who is the key contact?
Click here for more details Details

Shrikant Vaidya to be the next chairman of IOC

Dec 13: For reference purposes the website carries here the following tenders:
8Procurement of SKF/ FAG/ NTN/ NSK/ TIMKEN make bearings Details
8Procurement of Molecular Sieves and Support Balls for Primary, Secondary and Liquid Dryer Details
8Procurement of 750 KW Motor for C2C3 LP Compressor Details
8Procurement of Gate Valve and NRV Valves Details
8Providing Security Services at SV Stations of Pipeline Section Details
8Soil Investigation Works for additional areas for Polyols Petrochemicals Project Details
8Procurement of CS Ball Valves Details
8Vessel Overhauling & Testing Jobs in GOHDS & CDU 1 Unit during shutdown Details
8ARC for double Coating & Wrapping for Under Ground Pipelines at Refinery, Oil Jetty, Sarapady etc for Capex Modification and Maintenance Jobs Details
8Design, Supply, Fabrication, Installation and Commissioning of Heavy Duty Rack System Details
8Procurement of LV Switchgear Panel with PDB Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Goa: Natural gas pipeline station on the anvil at Marcaim Details
8Nashik: BPCL to let LPG users pay by credit, debit cards soon Details
8BPCL privatisation: Roadshows to begin overseas from today Details
8India’s petroleum products demand to stay below 3 per cent: ICRA Details
8Automated petrol pump, first in Andhra, to come up in Vizag Details
8India’s petroleum consumption rebounds to 10.51 per cent in November Details
8Shrikant Vaidya to be the next chairman of IOC Details
8Saudi Aramco hits crown prince's $2 trillion target Details
8Global oil prices set to be relatively low in 2020: IATA Details
8OPEC sees small 2020 oil deficit even before latest supply cut Details
8China's 2020 gas consumption seen rising Details
8Saudi Aramco set to hit $2 trillion market value on Thursday Details
8Russian gas pipeline project to face US sanctions Details
8Tokyo Gas, Chugoku Electric to cooperate on LNG procurement Details
8Oil prices stabilise on OPEC supply deficit forecast Details
You can also click on Newsclips for more   Details

TAPI pipeline unviable: Economics not logistics is the problem

Dec 12: Many believe that it is geography and politics which have come in the way of the Turkmenistan-Afganistan-Pakistan-India (TAPI) pipeline. The pipeline is regarded as a security and logistical nightmare as it will pass through some of the most dangerous terrains in the world.
8But that is not true. The real reason why the pipeline has not taken off so far is anchored economics and not logistics
Click on Details for more Details

Swan Energy's LNG project: Promoter admits to delays

Dec 12: Swan Energy has admitted that its 5 MMTPA LNG project is going to be delayed
8The company is setting up a FSRU along with a Floating Storage Unit (FSU) in Jafrabad, Gujarat
8According to initial plans, the FSRU was meant to have been delivered in December, 2019
Find out when is it scheduled to come up now and what are the real reasons for the delay. Details

ONGC's Production Enhancement Contracts: Company provides ingenious reply for failure to go through with Kalol and Geleki fields

Dec 12: What is the reason proffered by ONGC for closing the tender for two onshore fields under the Production Enhancement Contract?
8Kalol and Geleki were the two fields for which EOIs were sought and a series of meetings were interactions were held with the three main service providers, Baker Hughes, Schlumberger and Halliburton
8Eventually, while Kalol did not attract any bid, Schlumberger made a valiant attempt to working out a PEC for the Geleki field but differences over baseline production and decline ratios torpedoed a deal.
8Meanwhile, even as an EOI has been floated for 64 fields under the PEC format, ONGC has come out with an ingenious reason why it abandoned the PEC regime for the Kalol and Geleki fields.
Click on Details for more Details

Global LNG suppliers bet more on Pakistan and Bangladesh than India now

Dec 12: Pakistan and Bangladesh will consume more LNG than India between now and 2030, according to a set of new projections
8And despite current headwinds, LNG producers see better prospects ahead
8Clearly, the glass is half empty or half full, depending upon whether you are a seller or buyer of LNG
Click on Details for more Details

Indian ship dismantling industry: Coming of age?

Dec 12: Dismantling ships is one of the most dangerous professions in the world, both for workers and the environment, with high levels of fatalities, injuries and work-related illnesses stemming mainly from hazardous materials on board.
8Regulations --  such as the Hong Kong Convention for Safe and Environmentally Sound Recycling of Ships (HKC) and the EU Ship Recycling Regulation (EU SRR) -- are in now in place to ensure that the activity is environmentally compliant.
8The point to note is that the Indian ship dismantling industry has slowly began the transformation to become complaint with the new laws
Click on Details for more Details

Oil companies have big CSR budgets: But is there enough accountability?

Dec 12: Corporate social responsibility (CSR) spending of public sector oil companies is one of the largest sources of patronage in India.
8ONGC is the largest CSR spender in India, with a budget of over Rs 600 crore annually.
8But other public sector oil companies are big spenders too.
8The website carries here details of CSR spending by all public sector companies here
Click on Reports for more Details

DSF blocks: How serious are these operators about going ahead?

Dec 12: There is a growing feeling among equipment and service provider that some if not all DSF field owners may not be that serious in pursuing the plans they had submitted to the DGH to win these blocks.
8Some of them are difficult to contact, quite a few do not have their own websites. Our analysts are left wringing their hands pursuing them for information, some of them cannot be located despite strenuous efforts.
8We cannot paint all promoters with the same color. We have noticed in DSF-I blocks, serious promoters have already begun work, orders for equipment and services are being placed.
 In DSF-2 blocks, however, there is an overall postponements of plans, what was meant have started in Q-4, 2019 has been put off to Q-2, 2020. Little on ground activity has been noticed.
8"Most of them are just whiling their time, and given low crude and gas prices, many will just end up winding up their operations," one rig provider told this website.
8But our analysis shows that may not entirely right.
 Over the next few days, we will provide a holistic updates on these blocks, with a large volume of actionable information for our viewers
For now, here are updates on two DSF blocks, where the promoters claim they are putting together plans to move ahead
8Project Cost: Rs 150 crore
8Project Event: RFQs for PMC is expected late in Q1 2020.
RFQs for seismic survey and seismic data interpretation for the block are expected in Q2 2020.
RFQs for EIA consultant is expected in Q2 2020.
Click here for more details
8Project Cost: Rs 250 crore
8Project Event: RFQs for PMC is expected in Q2 2020.
RFQs for seismic survey and seismic data interpretation for the block are expected in Q2 2020.
RFQs for EIA consultant is expected in Q2 2020.
Click here for more details Details

ONGC's Mehsana, Kheda, Ahmedabad and Gandhinagar development drilling plan: Starting off soon

Dec 12: 8Project Name: Mehsana, Kheda, Ahmedabad and Gandhinagar Development Drilling
8It is a big Rs 4253 crore plan
8RFQs are expected for a drilling rig, a workover rig and associated drilling equipment and infrastructure
Click here for more details Details

Koravaka Drilling Field Development: Equipment and service orders soon

Dec 12: 8Project Name: Koravaka Drilling Field Development
8Project Cost: Rs 110 crore
8Project Description: KEI-RSOS Petroleum & Energy Pvt Ltd is soon expected to issue is a selective tender for the hiring of various equipment and services for its in 9 well development drilling programme in Koravaka oilfield.
8Project Event: RFPs' for the equipment and services are expected by Q1 2020.
Click here for more details
Details

700 km of gathering lines in ONGC's Rajahmundry asset: ONGC worried about accidents

Dec 12: ONGC has 700 km of pipeline network, mostly gathering and transportation lines, in its Rajahmundry Asset.
8Quite a bit of it pass through farmers' land. They also go through roads, canals, highways, railway tracks, bridges, qquatic farms etc
8Worried about spillage and possibility of accidents, ONGC is keen to do a non-invasive diagnostics of this vast but aging network, to figure out where repairs are urgently required.
Click on Reports for more Details

HPCL's Rajasthan refinery: More bids opened

Dec 13: 8Bids for two more EPCC packages -- that of the Sulphur Recovery Block and the Diesel Hydrotreater and hydrogen geneartion unit -- have been opened for the 9 MMTPA Barmer refinery project of HPCL
8Find out who the bidders were, how much did the quote and who emerged L-1 Details

Refinery EPCC bidding: L&T ends dry bout

Dec 13: 8L&T has had a losing spree recently in refinery EPCC quotes, having lost by wide margins while bidding for the 2.4 MMTPA Delayed Coker Unit and Unsaturated LPG Treating Unit and 9 MMTPA open art Crude Distillation Unit and a 4.8 MMTPA Vacuum Distillation Unit in HPCL's Barmer refinery project
8But the dry bout ended yesterday. Details

Economic slowdown can make transition to gas more complicated

Dec 13: The economic slowdown is hitting demand for gas in industrial clusters.
8Business is down 15 to 20% and demand for gas is down accordingly down
8Find out more on how the switch to gas for Indian industrial clusters is a more complicated story than most would have us believe. Details

KG-DWN-98/2 FPSO: JV partners in a bit of a financial spot?

Dec 13: The Shapoorji Pallonji JV with Malaysia-based Bumi Armada Berhad had bagged one of the largest contracts every given out in the oil and gas industry in India
8The JV won the contract to build a FPSO for the KG-DWN-98/2 with a total estimated cumulative value of a massive $2.1 billion dollars.
8Even so, the outlook does seem to be all that rosy for the JV partners for now, it seems
Click on Details for more Details

There was a ROV contract awarded by ONGC recently

Dec 13: 8Fugro was a bidder
8So was Oceaneering International Gmbh
Click on Details for more Details

ONGC's Rs 957 crore CBM development: When are RFQs coming out?

Dec 13: ONGC has a Rs 957 crore CBM development coming up at Raniganj
8There are land overlapping issues with an adjacent airport operator
8Those are being resolved
8When will RFQs be out?
Click here for more details for key contacts and more Details

Megha Engineering's DSF round field: An update

Dec 13: What is the latest update on the DSF-1 Laxmijan drilling programme operated by Megha Engineering?
8PFR has been prepared
8RFQs are out
Click here for more details Details

North Balol Oil field development plan: Lot of interest against selective RFQs

Dec 13: 8The North Balol Oil field development plan is worth Rs 240 crore
8Lot of interest has been generated against a selective RFQs workover drilling services and drilling tangibles
Click here for more details Details

Rs 1542 crore Bina-Panki greenfield multi-product pipeline: Some RFQs still to come out

Dec 13: The Rs 1542 crore Bina-Panki greenfield multi-product pipeline still has a few RFQs coming up
8When are they coming up
8Who is the key contact?
Click here for more details Details

Shrikant Vaidya to be the next chairman of IOC

Dec 13: For reference purposes the website carries here the following tenders:
8Procurement of SKF/ FAG/ NTN/ NSK/ TIMKEN make bearings Details
8Procurement of Molecular Sieves and Support Balls for Primary, Secondary and Liquid Dryer Details
8Procurement of 750 KW Motor for C2C3 LP Compressor Details
8Procurement of Gate Valve and NRV Valves Details
8Providing Security Services at SV Stations of Pipeline Section Details
8Soil Investigation Works for additional areas for Polyols Petrochemicals Project Details
8Procurement of CS Ball Valves Details
8Vessel Overhauling & Testing Jobs in GOHDS & CDU 1 Unit during shutdown Details
8ARC for double Coating & Wrapping for Under Ground Pipelines at Refinery, Oil Jetty, Sarapady etc for Capex Modification and Maintenance Jobs Details
8Design, Supply, Fabrication, Installation and Commissioning of Heavy Duty Rack System Details
8Procurement of LV Switchgear Panel with PDB Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Goa: Natural gas pipeline station on the anvil at Marcaim Details
8Nashik: BPCL to let LPG users pay by credit, debit cards soon Details
8BPCL privatisation: Roadshows to begin overseas from today Details
8India’s petroleum products demand to stay below 3 per cent: ICRA Details
8Automated petrol pump, first in Andhra, to come up in Vizag Details
8India’s petroleum consumption rebounds to 10.51 per cent in November Details
8Shrikant Vaidya to be the next chairman of IOC Details
8Saudi Aramco hits crown prince's $2 trillion target Details
8Global oil prices set to be relatively low in 2020: IATA Details
8OPEC sees small 2020 oil deficit even before latest supply cut Details
8China's 2020 gas consumption seen rising Details
8Saudi Aramco set to hit $2 trillion market value on Thursday Details
8Russian gas pipeline project to face US sanctions Details
8Tokyo Gas, Chugoku Electric to cooperate on LNG procurement Details
8Oil prices stabilise on OPEC supply deficit forecast Details
You can also click on Newsclips for more   Details

TAPI pipeline unviable: Economics not logistics is the problem

Dec 12: Many believe that it is geography and politics which have come in the way of the Turkmenistan-Afganistan-Pakistan-India (TAPI) pipeline. The pipeline is regarded as a security and logistical nightmare as it will pass through some of the most dangerous terrains in the world.
8But that is not true. The real reason why the pipeline has not taken off so far is anchored economics and not logistics
Click on Details for more Details

Swan Energy's LNG project: Promoter admits to delays

Dec 12: Swan Energy has admitted that its 5 MMTPA LNG project is going to be delayed
8The company is setting up a FSRU along with a Floating Storage Unit (FSU) in Jafrabad, Gujarat
8According to initial plans, the FSRU was meant to have been delivered in December, 2019
Find out when is it scheduled to come up now and what are the real reasons for the delay. Details

ONGC's Production Enhancement Contracts: Company provides ingenious reply for failure to go through with Kalol and Geleki fields

Dec 12: What is the reason proffered by ONGC for closing the tender for two onshore fields under the Production Enhancement Contract?
8Kalol and Geleki were the two fields for which EOIs were sought and a series of meetings were interactions were held with the three main service providers, Baker Hughes, Schlumberger and Halliburton
8Eventually, while Kalol did not attract any bid, Schlumberger made a valiant attempt to working out a PEC for the Geleki field but differences over baseline production and decline ratios torpedoed a deal.
8Meanwhile, even as an EOI has been floated for 64 fields under the PEC format, ONGC has come out with an ingenious reason why it abandoned the PEC regime for the Kalol and Geleki fields.
Click on Details for more Details

Global LNG suppliers bet more on Pakistan and Bangladesh than India now

Dec 12: Pakistan and Bangladesh will consume more LNG than India between now and 2030, according to a set of new projections
8And despite current headwinds, LNG producers see better prospects ahead
8Clearly, the glass is half empty or half full, depending upon whether you are a seller or buyer of LNG
Click on Details for more Details

Indian ship dismantling industry: Coming of age?

Dec 12: Dismantling ships is one of the most dangerous professions in the world, both for workers and the environment, with high levels of fatalities, injuries and work-related illnesses stemming mainly from hazardous materials on board.
8Regulations --  such as the Hong Kong Convention for Safe and Environmentally Sound Recycling of Ships (HKC) and the EU Ship Recycling Regulation (EU SRR) -- are in now in place to ensure that the activity is environmentally compliant.
8The point to note is that the Indian ship dismantling industry has slowly began the transformation to become complaint with the new laws
Click on Details for more Details

Oil companies have big CSR budgets: But is there enough accountability?

Dec 12: Corporate social responsibility (CSR) spending of public sector oil companies is one of the largest sources of patronage in India.
8ONGC is the largest CSR spender in India, with a budget of over Rs 600 crore annually.
8But other public sector oil companies are big spenders too.
8The website carries here details of CSR spending by all public sector companies here
Click on Reports for more Details

DSF blocks: How serious are these operators about going ahead?

Dec 12: There is a growing feeling among equipment and service provider that some if not all DSF field owners may not be that serious in pursuing the plans they had submitted to the DGH to win these blocks.
8Some of them are difficult to contact, quite a few do not have their own websites. Our analysts are left wringing their hands pursuing them for information, some of them cannot be located despite strenuous efforts.
8We cannot paint all promoters with the same color. We have noticed in DSF-I blocks, serious promoters have already begun work, orders for equipment and services are being placed.
 In DSF-2 blocks, however, there is an overall postponements of plans, what was meant have started in Q-4, 2019 has been put off to Q-2, 2020. Little on ground activity has been noticed.
8"Most of them are just whiling their time, and given low crude and gas prices, many will just end up winding up their operations," one rig provider told this website.
8But our analysis shows that may not entirely right.
 Over the next few days, we will provide a holistic updates on these blocks, with a large volume of actionable information for our viewers
For now, here are updates on two DSF blocks, where the promoters claim they are putting together plans to move ahead
8Project Cost: Rs 150 crore
8Project Event: RFQs for PMC is expected late in Q1 2020.
RFQs for seismic survey and seismic data interpretation for the block are expected in Q2 2020.
RFQs for EIA consultant is expected in Q2 2020.
Click here for more details
8Project Cost: Rs 250 crore
8Project Event: RFQs for PMC is expected in Q2 2020.
RFQs for seismic survey and seismic data interpretation for the block are expected in Q2 2020.
RFQs for EIA consultant is expected in Q2 2020.
Click here for more details Details

ONGC's Mehsana, Kheda, Ahmedabad and Gandhinagar development drilling plan: Starting off soon

Dec 12: 8Project Name: Mehsana, Kheda, Ahmedabad and Gandhinagar Development Drilling
8It is a big Rs 4253 crore plan
8RFQs are expected for a drilling rig, a workover rig and associated drilling equipment and infrastructure
Click here for more details Details

Koravaka Drilling Field Development: Equipment and service orders soon

Dec 12: 8Project Name: Koravaka Drilling Field Development
8Project Cost: Rs 110 crore
8Project Description: KEI-RSOS Petroleum & Energy Pvt Ltd is soon expected to issue is a selective tender for the hiring of various equipment and services for its in 9 well development drilling programme in Koravaka oilfield.
8Project Event: RFPs' for the equipment and services are expected by Q1 2020.
Click here for more details
Details

700 km of gathering lines in ONGC's Rajahmundry asset: ONGC worried about accidents

Dec 12: ONGC has 700 km of pipeline network, mostly gathering and transportation lines, in its Rajahmundry Asset.
8Quite a bit of it pass through farmers' land. They also go through roads, canals, highways, railway tracks, bridges, qquatic farms etc
8Worried about spillage and possibility of accidents, ONGC is keen to do a non-invasive diagnostics of this vast but aging network, to figure out where repairs are urgently required.
Click on Reports for more Details
  • Dec 12: Indian ship dismantling industry: Coming of age?:Details
  • Dec 12: Swan Energy's LNG project: Promoter admits to delays:Details
  • Dec 12: Oil companies have big CSR budgets: But is there enough accountability?:Details
  • Dec 12: TAPI pipeline unviable: Economics not logistics is the problem:Details
  • Dec 11: Briefs:Details
  • Dec 11: BPCL disinvestment a change of stance from Govt: CEA:Details