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Today's update in E&P, Midstream-Downstream & CGD sector.  Qatar's LNG could be down for years.  Hormuz fortune: a desi shipping company sitting on Rs 7,900 crore of cash.  A city-gas company whose customers are walking back to coal .  Why one rejected Gujarat block hangs over Vedanta's whole oil pitch.  IOCL’s Hydrogen Generation Unit-III shutdown award hides a bigger execution-risk story than the winning price suggests.  New 136 KTPA Toluene extraction unit project: Update.  2458 kms of gas network under a single risk lens.  ONGC’s BRRP bidders forced an 18-month execution rethink for Mumbai High bridge replacement.  ONGC’s gas EOI tests buyer-led evacuation before locking pricing and GSA terms.  Oil & Gas Sector: All new tenders of the day.   Oil & Gas Sector: Get all winning contracts of the day.  Daily forward looking import matrices.  India’s oil import bill rises 70% to $35.5 billion in April-May on crude spike.  Dahej Vagra District City Gas Distribution Project.  Dahod District City Gas Distribution Project.  Oil & Gas Sector: All new tenders of the day.   Oil & Gas Sector: Get all winning contracts of the day.  Today's update in E&P, Midstream-Downstream & CGD sector.  BPCL turnaround: Updates.  Downstream contracting briefs: Part I.  Downstream contracting briefs: Part II.  E&P contracting brief for the day.  Daily forward looking import matrices.  Asian drilling campaign continues with third well after first came online, second set to follow suit.  Bhavnagar District City Gas Distribution Project.  How Indian firms ended up on America's sanctions roster.  India tightens the screws on gas flaring.  The private challenger in India's LPG game.  Bardhaman syn gas tender exposes the weakest link in India’s coal gasification push: Foreign licensor logistics.  ONGC’s PRP-X corrigendum turns subsea tie-in design and bid-security timing into hard bidder risk filters.  PSU oil marketing companies tighten biodiesel B-100 entry gate before opening the 2029 supply pool.  Today's update in E&P, Midstream-Downstream & CGD sector.  Forged papers and vanishing bidders: Inside E&P company's blacklist of 85 vendors.  E&P contracting brief: Part I.  E&P contracting brief: Part II.  Downstream contracting briefs: Awards.  Downstream contracting briefs.  Qatar says Ras Laffan blast will not affect LNG exports.  Cachar, Hailakandi & Karimganj Districts City Gas Distribution Project.  

Today's update in E&P, Midstream-Downstream & CGD sector

Jun 26: 8Here's what's happening today in the E&P, midstream-downstream, and CGD section
Click on Reports for more Details Details

Qatar's LNG could be down for years

Jun 26: 8This the latest information, coming from the best source possible.
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Hormuz fortune: a desi shipping company sitting on Rs 7,900 crore of cash

Jun 26: 8Find our more
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A city-gas company whose customers are walking back to coal

Jun 26: 8And whose infrastructure has been barely built
8Find out more
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Why one rejected Gujarat block hangs over Vedanta's whole oil pitch

Jun 26: 8Find out more what we are trying to say
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IOCL’s Hydrogen Generation Unit-III shutdown award hides a bigger execution-risk story than the winning price suggests

Jun 26: 8Find out more
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New 136 KTPA Toluene extraction unit project: Update

Jun 26: 8Environmental clearance has been turned into a two-route regulatory gamble
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2458 kms of gas network under a single risk lens

Jun 26: 8That makes the work commercially small in appearance but operationally wide in consequence.
8For executives, the signal is that owner wants a consolidated risk view across multiple industrial, city-gas and long-distance transmission interfaces.
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ONGC’s BRRP bidders forced an 18-month execution rethink for Mumbai High bridge replacement

Jun 26: 8Participating bidders argued that the original 12-month schedule did not reflect offshore construction realities.
8ONGC ultimately extended the completion period to 18 months through an addendum.
8The change reveals how execution practicality overtook the original procurement timeline without altering the project's overall risk philosophy.
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ONGC’s gas EOI tests buyer-led evacuation before locking pricing and GSA terms

Jun 26: 8ONGC is not merely asking who wants Jaisalmer gas; it is testing who can actually evacuate and use it.
8The EOI opens the door to pipeline, truck-mounted and modular gas solutions, but leaves pricing and GSA risk unresolved.
8The technical promise is field-gas monetisation; the commercial trap sits in infrastructure accountability.
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Oil & Gas Sector: All new tenders of the day

Jun 26: 8Get all the latest tenders announced across the oil and gas industry today.
8Discover new procurement opportunities from key public and private sector players.
Also click on the Tenders section for more detailed documentation
Click on Reports for more. Details

Oil & Gas Sector: Get all winning contracts of the day

Jun 26: 8A daily roundup of tender results in the oil and gas sector.
8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts.
Click on Reports for more. Details

Daily forward looking import matrices

Jun 26: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details

India’s oil import bill rises 70% to $35.5 billion in April-May on crude spike

Jun 26: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8Hydrogen buses coming to Kerala, preliminary talks begin Details
 8At what price does E85 start making sense? The economics behind ethanol fuel Details
 8Government targets solar, hydrogen components to cut import dependence Details
 8India among Asia’s fastest-growing green economies, clocks $110 bn revenue in 2025: LSEG report Details
 8Cheaper crude and Strait of Hormuz reopening boost outlook for Indian refiners Details
 8Strait of Hormuz traffic sees sharp uptick but not back to normal Details
 8India raises LPG supplies to industries, government says Details
 8Government restores non-domestic LPG supplies to pre-crisis levels Details
 8Crude shipments through Hormuz at highest since war amid concerns over Iran exit demands Details
 8West Asia truce limits India INC’s profit impact to 100 bps: Crisil ratings Details
 8India, Iran revive energy dialogue as ministers meet on BRICS sidelines Details
 8Gruner Renewable Energy's Satna plant claims setting Asia record with 23.5 TPD CBG output Details
 8ONGC signs technical services contract with BP for Western Offshore Basin Details
 8Crude slips toward $70 as tankers return to Hormuz after US-Iran reach peace deal Details
 8Crude oil futures fall over 1% as supply fears fade amid Iran deal optimism Details
 8Government may ask airlines to review surcharges and additional prices if crude stabilises Details
 8IRGC Navy rejects new Strait of Hormuz route, warns of enforcement measures Details
 8FPIs continue selling spree in first half of June; financials, oil & gas hit hardest Details
 8India-bound ships navigate Strait of Hormuz amid rising Iran tensions and oil price surge Details
 8India’s oil import bill rises 70% to $35.5 billion in April-May on crude spike Details
 8Crude oil prices return to pre-war levels, but LNG prices remain elevated Details
 8THINK Gas: 6,000 new gas connections in Bhopal Details
 8TN CM flags off 300 new diesel and CNG buses Details
 8India, Iran discuss strengthening hydrocarbons trade Details
 8Karnataka restaurants get LPG relief as Centre lifts commercial supply curbs Details
 8AJYCP protests over Tinsukia-Duliajun road repair demand Details
 8Oil prices explained: petrol and diesel prices remain unchanged despite crude fall Details
 8Major Saudi oil terminal back in operation as Gulf supply recovery accelerates Details
 8Gas prices fall, but retail fuel relief remains limited Details
 8NTPC Barh signs mutual aid agreement with IOCL Barauni Details
 844 jack-up rigs relocated ahead of monsoon season Details
 8First AI-powered walking island rig enters ADNOC Drilling fleet Details
 8Moscow oil refinery hit by drone attacks unlikely to resume this year Details
 8ExxonMobil Antwerp refinery to halt output due to strike Details
 8IOCL officials meet Tamil Nadu CM at Secretariat Details
 8Mahanagar Gas urges PNG connections in gasified societies Details
 8Indian Oil trading window closure ahead of Q1 FY27 results Details
 8HPCL to close trading window ahead of Q1 FY27 results Details
 8ONGC Green and NHPC sign MoU for pumped hydro storage projects Details
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Dahej Vagra District City Gas Distribution Project

Jun 26: 8Project Name: Dahej Vagra District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details Details

Dahod District City Gas Distribution Project

Jun 26: 8Project Name: Dahod District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details Details

Oil & Gas Sector: All new tenders of the day

Jun 25: 8Get all the latest tenders announced across the oil and gas industry today.
8Discover new procurement opportunities from key public and private sector players.
Also click on the Tenders section for more detailed documentation
Click on Reports for more. Details

Oil & Gas Sector: Get all winning contracts of the day

Jun 25: 8A daily roundup of tender results in the oil and gas sector.
8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts.
Click on Reports for more. Details

Today's update in E&P, Midstream-Downstream & CGD sector

Jun 25: 8Here's what's happening today in the E&P, midstream-downstream, and CGD section
Click on Reports for more Details Details

BPCL turnaround: Updates

Jun 25: 1) Decontamination corrigendum turns package 2 into a shutdown-risk test for contractors
8The owner has redrawn the execution boundary around the PFCCU and DCU decontamination job. Compressors, sludge logistics, power cabling and injection-point engineering now sit at the heart of bidder risk. The document raises a sharper question: who is really equipped to carry refinery shutdown complexity without pricing it visibly?

2) Kochi Refinery narrows integrated refinery expansion project turnaround decontamination bid to Package no. 1 as pre-bid clarifications shift site-interface risk to contractors
8The latest corrigendum does more than attach pre-bid minutes. It narrows the GeM bid to Package no. 1 while adding pump, effluent and qualification discipline around a critical decontamination package at Kochi Refinery. The sharper story lies in how compressors, sludge, cables and first-time document compliance reshape bidder risk before the January 2027 turnaround.

3) Integrated Refinery Expansion Project turnaround bid quietly shifts Package 3 risk from scope clarity to execution control
8The Package 3 scope is now ring-fenced around SRU-3 and MSBP, while the contractor must absorb several utility and logistics interfaces. The real question is whether bidders will price this as a decontamination job or as a compressed turnaround risk package.

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Downstream contracting briefs: Part I

Jun 25: 1) GAIL proposed pipeline obstacle crossing permissions project could decide whether pipeline schedules move or stall
8GAIL is not buying generic liaison support. It is carving out the permission layer as a dedicated execution-critical workstream across National Highway, railway, forest, CRZ and other statutory interfaces. The larger question is whether this will de-risk pipeline rollout or create a new centralised bottleneck.

2) Manali digital logbook tender turns into a 134-day test of refinery digitalisation appetite
8It has moved from a routine digitalisation package into a market-sensing exercise. Nineteen extensions suggest that the bidder universe may be struggling with either the qualification bar, the integration burden or the proof-of-capability expectation. The real story is whether refinery digital operations can be procured like standard software, or whether the market is pushing back.

3) Dahej propane dehydrogenation and polypropylene project gives LNG vaporizer bidders more time without easing the cryogenic qualification gate
8Petronet LNG Limited has extended the bid deadline for the ambient air vaporizer package. The shift gives vendors more room to clear NDA, cryogenic-service evidence and documentation hurdles, but the tender does not show any relaxation in scope, EMD, CPBG or BQC. The real signal lies in how EIL is balancing schedule pressure with vendor-quality control.

4) BPCL gives bidders for more time for digital execution platform on Petro resid fluidized catalytic cracking unit and associated facilities project
8BPCL has pushed the bid deadline twice for a refinery digitalization package that goes well beyond routine document control. The extension sits alongside a stricter corrigendum-acceptance gate and a clarified boundary around software warranty and licences. The real issue is whether the market can absorb BPCL’s full-stack digital execution risk without widening the vendor pool.

5) Aviation turbine fuel pipeline extension hints at deeper discomfort over consultant risk
8The deadline shift looks modest on paper, but the clarification trail tells a larger story. Bidders appear to be probing where project management ends and execution liability begins. That boundary could decide whether the package attracts sharp prices or defensive bids.

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Downstream contracting briefs: Part II

Jun 25: 1) HPCL crude distillation unit-3 de-contamination turnaround shifts unknown sludge risk to bidders
8The latest clarification leaves a critical input unanswered: how much residual oil or sludge is actually inside the system. Bidders must still price, plan and guarantee the decontamination outcome on an as-is-where-is basis. For executives, the issue is whether this turns a specialised turnaround service into a high-risk contamination bet.

2) HPCL Fluid Catalytic Cracking Unit-2 decontamination corrigendum keeps bidder risk high despite clearer volumes and effluent routes
8HPCL’s latest corrigendum gives FCCU-2 bidders more clarity, but not the one data point they most wanted. The residual sludge and oil uncertainty remains with the contractor even as effluent and man-entry outcomes stay tightly linked to performance. The real story is how HPCL is using technical clarification to preserve turnaround control without loosening commercial risk.

3) HPCL’s Visakh refinery DHT, amine regeneration unit, fuel gas amine treating unit and Packinox cleaning project gets a sharper equipment boundary
8The corrigendum excludes named DHT reactors and 93-T-01 while retaining 90-V-21 and the flare KOD. That reduces some high-criticality scope ambiguity without eliminating vessel-interface risk. The technical boundary is clearer, but the commercial consequence is still unresolved.

4) BPCL Bina Refinery transformer servicing award exposes a 31.8% pricing gap before TA 2027
 8Find out more

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E&P contracting brief for the day

Jun 25: 1) Oil India’s cementing tender turns slurry design, lab validation and real-time job data into contractor risk
8Oil India is not treating cementing as a simple pumping service in this three-year drilling and workover package.
8The SOW pushes slurry design, SGS testing, additive control, Duliajan lab validation and real-time data transmission into the contractor’s delivery burden.
8The sharper question is how many service providers can carry that technical load without pricing in a reliability premium.
 
2) SunPetro’s Bhaskar field tender shifts slickline competition from pricing to response capability
8The commercial rates may attract attention, but the operational thresholds define who can realistically compete.
8SunPetro expects mobilisation within 24 hours, rapid confirmation of equipment availability and fast delivery of pressure survey data.
8The tighter implication for vendors lies beyond the quoted prices.
 
3) ONGC rejects phased manpower deployment in Mehsana PCP maintenance corrigendum
8Bidders argued that the revised team structure substantially increases fixed manpower costs compared with the previous contract.
8ONGC has declined to dilute the mandatory deployment requirement, citing the expanded scope of work.
8The decision leaves the revised operating model intact despite direct commercial objections.
 
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Daily forward looking import matrices

Jun 25: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details

Asian drilling campaign continues with third well after first came online, second set to follow suit

Jun 25: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8India’s E100 ethanol push could trigger Rs.50,000 crore auto industry investment Details
 8Oil extends slide on expectations of smoother crude flows via Hormuz Details
 8India-bound oil supertanker booked in Gulf at 897% of benchmark freight rate Details
 8Crude oil futures fall amid weak global trends Details
 8Chhattisgarh govt approves compressed biogas policy 2026 Details
 8Trump claims record 19 million barrels oil flowed through Hormuz Strait amid sanctions waiver Details
 8Oil prices steady as investors focus on Hormuz flows after peace talks Details
 8Gulf gas shipping could be resuming as more vessels transit Hormuz Strait Details
 8Oman assures toll-free movement via Strait of Hormuz Details
 8India welcomes Iran-US MoU and opening of Strait of Hormuz: NSA Details
 8ONGC in talks to acquire PDVSA stakes in two Venezuela oilfields Details
 8Qatar eyes LNG output recovery within weeks, easing fears of wider Iran war energy shock Details
 8No real alternative to Middle Eastern LPG for India: S&P Global's Pulkit Agarwal Details
 830 India-linked ships crossed Strait of Hormuz safely, 26 more await transit Details
 8As gas supply may take longer to normalise, India expands LNG sourcing from US to Brazil Details
 8Alchemy, Paragon launch gamechanging bio CNG plant Details
 8Why Grid India is turning to more gas-based power this monsoon Details
 8Trump says Exxon, Chevron among firms probed as part of surge in gas prices Details
 8TotalEnergies joins ADNOC-led Bab Gas Cap project in UAE Details
 8Global natural gas markets to stabilize after Middle East war, says GECF Secretary General Details
 8ORLEN advances strategic Baltic Eagle Gas Hub project Details
 8Bangladesh buys two LNG shipments for Tk 13.55b Details
 8Arbitration tribunal set up in dispute over revoked gas-to-power and LNG terminal permits Details
 8Saipem exits Saudi Arabian shallow-water drilling playground with sale of jack-up rig fleet to ADES Details
 8Petrobras and Pemex shake hands to explore partnership in oil & gas sphere Details
 8Asian drilling campaign continues with third well after first came online, second set to follow suit Details
 8Gruner Renewable Energy’s Satna facility achieves record 23.5 TPD CBG production Details
 8Hardeep Singh Puri salutes Digboi’s historic oil legacy, backs preservation and future growth Details
 8Iran's Oil Minister travels to India for BRICS Energy Summit Details
 8Why ONGC is eyeing two oilfields in Venezuela; in talks with state-run oil company PDVSA, seeks US approval Details
 8India-bound oil supertanker booked in Gulf at 897% of benchmark freight rate Details
 8Energy security now India’s biggest upstream priority amid global oil market reset, says S&P Global Details
 8Chhattisgarh approves compressed biogas policy 2026 to promote bio-energy sector Details
 8India cuts coal imports as power plants turn to domestic fuel Details
 8China’s crude imports plunge to lowest level since 2018 Details
 8Rosneft proposes oil firms to refine 30% of crude in Russia to ease fuel crunch Details
 8Ms. Srividya Venkataraman takes charge as Director – Finance at HPCL Details
 8ONGC Jorhat Asset holds Level III mock drill at Borholla GGS Details
 8Reliance's Karkinos crosses 1 lakh HPV tests in India. Why this matters for women's health Details
 8BPCL strengthens mechanic engagement through MAK Manthan initiative Details
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Bhavnagar District City Gas Distribution Project

Jun 25: 8Project Name: Bhavnagar District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details Details

How Indian firms ended up on America's sanctions roster

Jun 24: 8From a Delhi aviation-parts supplier to Mumbai ship managers and a petrochem trader, a string of Indian companies now sit on OFAC's blocked-persons list
8Most for allegedly helping move Russian and Iranian oil and goods around Western sanctions. Details

India tightens the screws on gas flaring

Jun 24: 8The World Bank credits India's 2025 rules — a 0.5% flaring cap and a zero-routine-flaring-by-2030 mandate — as a reason its flaring volumes fell, placing it among the world's improvers.
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The private challenger in India's LPG game

Jun 24: 8This Nagpur-based company pitches itself as the country's largest LPG "parallel marketer".
8With 310 auto-LPG stations, 68 bottling plants and a bet that India becomes the world's biggest LPG market by 2030. Details

Bardhaman syn gas tender exposes the weakest link in India’s coal gasification push: Foreign licensor logistics

Jun 24: 8Find out why we say so
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ONGC’s PRP-X corrigendum turns subsea tie-in design and bid-security timing into hard bidder risk filters

Jun 24: 8ONGC has tightened PRP-X on two fronts that bidders cannot treat as clerical.
8The corrigendum hardwires NeSL e-BG timing into bid validity while the technical addendum shifts fresh subsea valve and pig receiver responsibilities into the contractor’s court.
8The bigger question is whether this becomes a wider ONGC template for offshore EPCI risk control.
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PSU oil marketing companies tighten biodiesel B-100 entry gate before opening the 2029 supply pool

Jun 24: 8The new biodiesel empanelment is framed as market access, not an assured supply contract. Its strongest signal lies in quality certification, plant-location lock-in and statutory readiness rather than price discovery. The real commercial test will come later, when only empaneled manufacturers move into OMC quantity bids.
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Today's update in E&P, Midstream-Downstream & CGD sector

Jun 24: 8Here's what's happening today in the E&P, midstream-downstream, and CGD section
Click on Reports for more Details Details

Forged papers and vanishing bidders: Inside E&P company's blacklist of 85 vendors

Jun 24: 8Find out more
Click on Details Details

E&P contracting brief: Part I

Jun 24: 1) ONGC-VL tightens CPO-5 workover fluids tender around actual consumption, no standby and contractor-funded lab assurance
8ONGC-VL’s CPO-5 fluids tender is less a commodity chemicals callout and more a controlled workover reliability contract.
8The scope pushes brine quality, lab validation, 24-hour surveillance and inventory continuity onto the contractor.
8The sharper story is how the payment model quietly shifts field-delay and consumption risk before any price bid opens.
 
2) Chandra Oil & Gas wins ONGC Rajahmundry Asset ETP contract as top three bids converge within 5%
8The closest competition in this ONGC effluent-treatment tender came from bidders separated by only a few percentage points.
8Yet the pricing curve breaks sharply after the third-ranked offer, revealing a different view of execution risk.
8The spread raises questions about where contractors believe the real cost pressures will emerge over the next five years.
 
3) Assam Air Products undercuts Deep by 13.0% in ONGC Bokaro CBM compression and cascade transport award
8ONGC’s Bokaro CBM award is a pricing test for wet-gas compression, cascade logistics and pipeline re-injection.
8Assam Air Products has come in 13.0% below Deep Industries, but the contract leaves several operational risks with the service provider.
8The real signal lies in how ONGC softened gas-availability risk without abandoning a variable tariff model.
 
4) Three bidders clear ONGC Bokaro CBM RTMS gate as Three Arrow falls out of race
8ONGC’s Bokaro CBM RTMS tender has moved into a tighter competitive phase after three bidders qualified and one was disqualified.
8The contract is less about devices and more about artificial-lift reliability, cyber-secure data flow and monthly performance survival.
8The bidder outcome hints at a narrowing but still competitive field for production surveillance work.
 
5) ONGC multi-asset O&M corrigendum removes wage reimbursement after bidder challenge
8ONGC has stripped out a reimbursement mechanism that bidders said distorted evaluation in its multi-asset O&M tender.
8The change cleans up the price sheet but pushes wage volatility back into contractor pricing.
8The unresolved issue is whether the corrected tender still leaves smaller bidders outside the real contest.
 
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E&P contracting brief: Part II

Jun 24: 1) ONGC Rajahmundry CDS and TTM corrigendum tightens field-readiness risk while giving bidders sharper casing data
8ONGC has clarified the casing programme but held the line on most contractor risk carve-outs.
8The Rajahmundry CDS and TTM tender now gives bidders more technical visibility without easing HSE, logistics or liability exposure.
8The real signal lies in what ONGC accepted, and what it refused to move.
 
2) ONGC’s Jotana GCP-GDU corrigendum tightens seven-year O&M risk around availability, TEG loss and bid hierarchy.
8ONGC’s latest corrigendum for the Jotana GCP-GDU O&M tender does more than tidy up GeM paperwork.
8It preserves a hard 100% system-availability philosophy while clarifying cost-heavy items such as OEM support, consumables and TEG recovery.
 
3) ONGC Offshore NELP/HELP/OALP wells insurance tender extended as reinsurer-term pressure surfaces
8ONGC has pushed the bid window for its Offshore NELP/HELP/OALP wells insurance renewal.
8The extension looks small on paper, but bidder emails point to a deeper reinsurance-market constraint.
8The real story lies in how a technically volatile offshore well schedule is shaping insurer appetite.
 
4) ONGC MH asset MIP pump tender extended as brownfield offshore risk stays untouched
8ONGC has moved the bid deadline by seven days, but the extension does not soften the tender’s core risk allocation.
8The MH asset package remains a demanding LSTK replacement of seven main water injection pump packages across ICW, WIS and MNW platforms.
8The real story is why ONGC gave time without giving relief.
 
5) ONGC Pipeline Laying Project gets pushed as offshore bidders wrestle with PLP risk
8ONGC has extended the Pipeline Laying Project bid deadline. The latest move takes the recorded net deferral from the original 22 April bid date to 84 days.
8The unresolved story is whether the extra time reflects bid preparation complexity or deeper contractor resistance to the risk package.
 
6) ONGC workover rig O&M tender gets 14-day extension as ILM delay risk and crew eligibility stay in focus
8ONGC’s workover rig O&M tender has moved, giving bidders 14 extra days to price a demanding field-services package.
8The corrigendum softens one pain point by allowing 100% ODR for ONGC-attributable ILM delay, but leaves the “reasonable limit” undefined.
8The larger story is that ONGC has refused to dilute crew-experience and fair wage controls, keeping the vendor pool tightly filtered.
 
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Downstream contracting briefs: Awards

Jun 24: 1) Bina refinery transformer servicing award exposes a 53.8% pricing gulf in a turnaround-critical package
8For a refinery turnaround-linked transformer job, it raises the sharper question: who priced the hidden execution risk correctly?

2) Aromatic Complex recycle gas compressor drive-conversion study awarded to MECON Limited
8The technical fight was less about a report and more about whether OEM-backed data, electrical adequacy and constructability risk could be compressed into a bankable feasibility package. The award leaves a sharper question for future refinery electrification studies.

3) Sona Blw wins Engineers India Limited’s LV electric heater package for Bina Petchem and Refinery Expansion Project
8A small electrical heater award inside BPCL’s Bina expansion carries a larger procurement signal. The tender tied price to documentation, spares, supervision, training and post-warranty support rather than treating equipment supply as a standalone buy. The final L1 number reveals only part of the story.

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Downstream contracting briefs

Jun 24: 1) IOCL cetane improver rate contract shifts feedstock volatility through uncapped 2EH pricing while tightening refinery-grade sample control
8The tender combines an owner-controlled R&D sample gate with an uncapped 2EH-linked variable price formula across a 6,000 MT refinery requirement. That balance changes who carries quality risk, who carries input-cost risk, and how many suppliers can realistically compete.

2) Bharat Petroleum turns pipeline safety study into field-verified risk and drawing refresh for Mumbai Uran LPG pipeline, Kota Jobner product pipeline and Krishnapatnam Hyderabad product pipeline
8The package places unusual weight on field verification, licensed consequence-modelling tools and recent cross-country pipeline experience. The real tension sits in the tender’s internal deltas, which could shape who actually bids and how much risk they price.

3) Paradip Refinery turns high total acid number crude ambition into a corrosion-risk contract
8The tender makes the vendor accountable for keeping corrosion, salt, chloride, pH, oil-and-grease and dosing performance within a measurable operating envelope. The bigger story is how much refinery process risk Indian Oil Corporation Limited is now willing to push into a two-year service contract.

4) Sulphur forming unit: Bidders test BOO risk appetite
8The bid deadline has moved from 23 April 2026 to 15 July 2026 across three extensions. That is not a routine calendar shift when the contract runs for 25 years and payment starts only after commissioning. The deeper story is whether the market is comfortable financing and operating a refinery-integrated sulphur asset on NRL’s terms.

6) Petronet LNG Dahej polypropylene and propane dehydrogenation plant pump tender quietly shifts PSV design risk back to bidders
8A brief pre-bid reply has left bidders without a fresh PSV material, rating or type clarification. EIL has instead pushed them back to instrumentation specification clauses, keeping design responsibility inside the vendor’s court. For pump suppliers, this is where a small technical ambiguity can become a bid-compliance trap.

7) Bina petchem and refinery expansion project turns a piping ambiguity into a 53:47 cost split
8The pre-bid reply gives bidders a hard split for about 2,98,000 inch-dia of prefabricated spools. Part-A now carries 53% and Part-B carries 47%, removing one major grey area in the ethylene cracker unit mechanical package. But the clarification also locks bidders into a sharper pricing base before final bid submission.

Click on Details for more Details

Qatar says Ras Laffan blast will not affect LNG exports

Jun 24: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8Atmos Energy sued over deadly Dallas gas explosion Details
 8Iraq increases southern oil output as Gulf exports rebound Details
 8Woodside signs gas supply deal with Alcoa in Western Australia Details
 8Venezuela bets on gas revival despite persistent energy shortages Details
 8Petronas makes new gas find at Suriname offshore block, discoveries equivalent to 1 billion barrels Details
 8Higher LNG export flows boost US natural gas futures Details
 8Poland to expand Gdansk floating LNG terminal with second FSRU Details
 8BP, Eni greenlight cross-block project offshore Angola Details
 8Analysts project oil, gas market evolution to 2050 Details
 8Uzbekistan woos more Western gas investors Details
 8Qatar says Ras Laffan blast will not affect LNG exports Details
 8India approves $17.4 mn aid for SED ethanol project Details
 8Govt dismisses claims on E20 fuel, reaffirms ethanol blending safety Details
 8India’s LNG imports drop only 5% despite 17% global supply disruption: S&P Details
 8India's LPG imports from US set to cross 1 million tons in June, sources say Details
 812 Indians among 13 killed in explosion at factory in Qatar: Officials Details
 8RBI MPC: Growth rate could top 7% if oil prices fall further Details
 8Kirloskar Oil hits upper circuit, analysts see limited upside ahead Details
 8India's core sector growth hits 7-month low in May, energy industries drag performance Details
 8US-Iran talks make significant progress in Switzerland; Hormuz channel set up to avert incidents Details
 8India extends bidding deadline for deepwater oil and gas blocks for sixth time Details
 8US authorises Iranian oil sales until August 21 as part of push for final West Asia truce deal Details
 8Low-GHG methane’s role in keeping LNG-capable ships compliant Details
 8Kerala native among 12 Indians killed in Qatar gas plant explosion Details
 8No real alternative to Middle Eastern LPG for India: S&P Global's Pulkit Agarwal Details
 8Pemex wants Petronas' deepwater magic Details
 8Why the next billion barrels of oil demand could come from storage Details
 8Europe’s top gas distributor to invest $14.8 billion in AI-backed networks Details
 8Indian airlines may withdraw fuel surcharge as crude oil prices ease: Report Details
 8Union Minister Hardeep Singh Puri visits OIL’s advanced VR centre at Duliajan Details
 8No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sources Details
 8Why Russian crude oil imports to India will hit a record high in June Details
 8Iran rushes to sell oil to India after Trump sanctions waiver – all you need to know Details
 8India pivots to Russian crude and coal to mitigate Iran war fallout Details
 8How the Strait of Hormuz oil crisis is really going to cost India Details
 8NLC India, Indian Oil sign MoU to develop renewable energy projects in Tamil Nadu Details
 8GAIL marks 1 lakh PNG customers in Varanasi | Clean Energy Milestone 2026 Details
 8HPCL Rajasthan Refinery achieves commercial operations date, marks key milestone in project execution Details
 8ONGC funds Rs.260.61 crore River Varuna rejuvenation project in Varanasi to transform urban ecosystem Details
 8ONGC Executive Ajay Kumar recommended for top Director role at BPRL Details
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Cachar, Hailakandi & Karimganj Districts City Gas Distribution Project

Jun 24: 8Project Name: Cachar, Hailakandi & Karimganj Districts City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details Details

Today's update in E&P, Midstream-Downstream & CGD sector

Jun 26: 8Here's what's happening today in the E&P, midstream-downstream, and CGD section
Click on Reports for more Details Details

Qatar's LNG could be down for years

Jun 26: 8This the latest information, coming from the best source possible.
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Hormuz fortune: a desi shipping company sitting on Rs 7,900 crore of cash

Jun 26: 8Find our more
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A city-gas company whose customers are walking back to coal

Jun 26: 8And whose infrastructure has been barely built
8Find out more
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Why one rejected Gujarat block hangs over Vedanta's whole oil pitch

Jun 26: 8Find out more what we are trying to say
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IOCL’s Hydrogen Generation Unit-III shutdown award hides a bigger execution-risk story than the winning price suggests

Jun 26: 8Find out more
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New 136 KTPA Toluene extraction unit project: Update

Jun 26: 8Environmental clearance has been turned into a two-route regulatory gamble
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2458 kms of gas network under a single risk lens

Jun 26: 8That makes the work commercially small in appearance but operationally wide in consequence.
8For executives, the signal is that owner wants a consolidated risk view across multiple industrial, city-gas and long-distance transmission interfaces.
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ONGC’s BRRP bidders forced an 18-month execution rethink for Mumbai High bridge replacement

Jun 26: 8Participating bidders argued that the original 12-month schedule did not reflect offshore construction realities.
8ONGC ultimately extended the completion period to 18 months through an addendum.
8The change reveals how execution practicality overtook the original procurement timeline without altering the project's overall risk philosophy.
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ONGC’s gas EOI tests buyer-led evacuation before locking pricing and GSA terms

Jun 26: 8ONGC is not merely asking who wants Jaisalmer gas; it is testing who can actually evacuate and use it.
8The EOI opens the door to pipeline, truck-mounted and modular gas solutions, but leaves pricing and GSA risk unresolved.
8The technical promise is field-gas monetisation; the commercial trap sits in infrastructure accountability.
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Oil & Gas Sector: All new tenders of the day

Jun 26: 8Get all the latest tenders announced across the oil and gas industry today.
8Discover new procurement opportunities from key public and private sector players.
Also click on the Tenders section for more detailed documentation
Click on Reports for more. Details

Oil & Gas Sector: Get all winning contracts of the day

Jun 26: 8A daily roundup of tender results in the oil and gas sector.
8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts.
Click on Reports for more. Details

Daily forward looking import matrices

Jun 26: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details

India’s oil import bill rises 70% to $35.5 billion in April-May on crude spike

Jun 26: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8Hydrogen buses coming to Kerala, preliminary talks begin Details
 8At what price does E85 start making sense? The economics behind ethanol fuel Details
 8Government targets solar, hydrogen components to cut import dependence Details
 8India among Asia’s fastest-growing green economies, clocks $110 bn revenue in 2025: LSEG report Details
 8Cheaper crude and Strait of Hormuz reopening boost outlook for Indian refiners Details
 8Strait of Hormuz traffic sees sharp uptick but not back to normal Details
 8India raises LPG supplies to industries, government says Details
 8Government restores non-domestic LPG supplies to pre-crisis levels Details
 8Crude shipments through Hormuz at highest since war amid concerns over Iran exit demands Details
 8West Asia truce limits India INC’s profit impact to 100 bps: Crisil ratings Details
 8India, Iran revive energy dialogue as ministers meet on BRICS sidelines Details
 8Gruner Renewable Energy's Satna plant claims setting Asia record with 23.5 TPD CBG output Details
 8ONGC signs technical services contract with BP for Western Offshore Basin Details
 8Crude slips toward $70 as tankers return to Hormuz after US-Iran reach peace deal Details
 8Crude oil futures fall over 1% as supply fears fade amid Iran deal optimism Details
 8Government may ask airlines to review surcharges and additional prices if crude stabilises Details
 8IRGC Navy rejects new Strait of Hormuz route, warns of enforcement measures Details
 8FPIs continue selling spree in first half of June; financials, oil & gas hit hardest Details
 8India-bound ships navigate Strait of Hormuz amid rising Iran tensions and oil price surge Details
 8India’s oil import bill rises 70% to $35.5 billion in April-May on crude spike Details
 8Crude oil prices return to pre-war levels, but LNG prices remain elevated Details
 8THINK Gas: 6,000 new gas connections in Bhopal Details
 8TN CM flags off 300 new diesel and CNG buses Details
 8India, Iran discuss strengthening hydrocarbons trade Details
 8Karnataka restaurants get LPG relief as Centre lifts commercial supply curbs Details
 8AJYCP protests over Tinsukia-Duliajun road repair demand Details
 8Oil prices explained: petrol and diesel prices remain unchanged despite crude fall Details
 8Major Saudi oil terminal back in operation as Gulf supply recovery accelerates Details
 8Gas prices fall, but retail fuel relief remains limited Details
 8NTPC Barh signs mutual aid agreement with IOCL Barauni Details
 844 jack-up rigs relocated ahead of monsoon season Details
 8First AI-powered walking island rig enters ADNOC Drilling fleet Details
 8Moscow oil refinery hit by drone attacks unlikely to resume this year Details
 8ExxonMobil Antwerp refinery to halt output due to strike Details
 8IOCL officials meet Tamil Nadu CM at Secretariat Details
 8Mahanagar Gas urges PNG connections in gasified societies Details
 8Indian Oil trading window closure ahead of Q1 FY27 results Details
 8HPCL to close trading window ahead of Q1 FY27 results Details
 8ONGC Green and NHPC sign MoU for pumped hydro storage projects Details
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Dahej Vagra District City Gas Distribution Project

Jun 26: 8Project Name: Dahej Vagra District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details Details

Dahod District City Gas Distribution Project

Jun 26: 8Project Name: Dahod District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details Details

Oil & Gas Sector: All new tenders of the day

Jun 25: 8Get all the latest tenders announced across the oil and gas industry today.
8Discover new procurement opportunities from key public and private sector players.
Also click on the Tenders section for more detailed documentation
Click on Reports for more. Details

Oil & Gas Sector: Get all winning contracts of the day

Jun 25: 8A daily roundup of tender results in the oil and gas sector.
8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts.
Click on Reports for more. Details

Today's update in E&P, Midstream-Downstream & CGD sector

Jun 25: 8Here's what's happening today in the E&P, midstream-downstream, and CGD section
Click on Reports for more Details Details

BPCL turnaround: Updates

Jun 25: 1) Decontamination corrigendum turns package 2 into a shutdown-risk test for contractors
8The owner has redrawn the execution boundary around the PFCCU and DCU decontamination job. Compressors, sludge logistics, power cabling and injection-point engineering now sit at the heart of bidder risk. The document raises a sharper question: who is really equipped to carry refinery shutdown complexity without pricing it visibly?

2) Kochi Refinery narrows integrated refinery expansion project turnaround decontamination bid to Package no. 1 as pre-bid clarifications shift site-interface risk to contractors
8The latest corrigendum does more than attach pre-bid minutes. It narrows the GeM bid to Package no. 1 while adding pump, effluent and qualification discipline around a critical decontamination package at Kochi Refinery. The sharper story lies in how compressors, sludge, cables and first-time document compliance reshape bidder risk before the January 2027 turnaround.

3) Integrated Refinery Expansion Project turnaround bid quietly shifts Package 3 risk from scope clarity to execution control
8The Package 3 scope is now ring-fenced around SRU-3 and MSBP, while the contractor must absorb several utility and logistics interfaces. The real question is whether bidders will price this as a decontamination job or as a compressed turnaround risk package.

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Downstream contracting briefs: Part I

Jun 25: 1) GAIL proposed pipeline obstacle crossing permissions project could decide whether pipeline schedules move or stall
8GAIL is not buying generic liaison support. It is carving out the permission layer as a dedicated execution-critical workstream across National Highway, railway, forest, CRZ and other statutory interfaces. The larger question is whether this will de-risk pipeline rollout or create a new centralised bottleneck.

2) Manali digital logbook tender turns into a 134-day test of refinery digitalisation appetite
8It has moved from a routine digitalisation package into a market-sensing exercise. Nineteen extensions suggest that the bidder universe may be struggling with either the qualification bar, the integration burden or the proof-of-capability expectation. The real story is whether refinery digital operations can be procured like standard software, or whether the market is pushing back.

3) Dahej propane dehydrogenation and polypropylene project gives LNG vaporizer bidders more time without easing the cryogenic qualification gate
8Petronet LNG Limited has extended the bid deadline for the ambient air vaporizer package. The shift gives vendors more room to clear NDA, cryogenic-service evidence and documentation hurdles, but the tender does not show any relaxation in scope, EMD, CPBG or BQC. The real signal lies in how EIL is balancing schedule pressure with vendor-quality control.

4) BPCL gives bidders for more time for digital execution platform on Petro resid fluidized catalytic cracking unit and associated facilities project
8BPCL has pushed the bid deadline twice for a refinery digitalization package that goes well beyond routine document control. The extension sits alongside a stricter corrigendum-acceptance gate and a clarified boundary around software warranty and licences. The real issue is whether the market can absorb BPCL’s full-stack digital execution risk without widening the vendor pool.

5) Aviation turbine fuel pipeline extension hints at deeper discomfort over consultant risk
8The deadline shift looks modest on paper, but the clarification trail tells a larger story. Bidders appear to be probing where project management ends and execution liability begins. That boundary could decide whether the package attracts sharp prices or defensive bids.

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Downstream contracting briefs: Part II

Jun 25: 1) HPCL crude distillation unit-3 de-contamination turnaround shifts unknown sludge risk to bidders
8The latest clarification leaves a critical input unanswered: how much residual oil or sludge is actually inside the system. Bidders must still price, plan and guarantee the decontamination outcome on an as-is-where-is basis. For executives, the issue is whether this turns a specialised turnaround service into a high-risk contamination bet.

2) HPCL Fluid Catalytic Cracking Unit-2 decontamination corrigendum keeps bidder risk high despite clearer volumes and effluent routes
8HPCL’s latest corrigendum gives FCCU-2 bidders more clarity, but not the one data point they most wanted. The residual sludge and oil uncertainty remains with the contractor even as effluent and man-entry outcomes stay tightly linked to performance. The real story is how HPCL is using technical clarification to preserve turnaround control without loosening commercial risk.

3) HPCL’s Visakh refinery DHT, amine regeneration unit, fuel gas amine treating unit and Packinox cleaning project gets a sharper equipment boundary
8The corrigendum excludes named DHT reactors and 93-T-01 while retaining 90-V-21 and the flare KOD. That reduces some high-criticality scope ambiguity without eliminating vessel-interface risk. The technical boundary is clearer, but the commercial consequence is still unresolved.

4) BPCL Bina Refinery transformer servicing award exposes a 31.8% pricing gap before TA 2027
 8Find out more

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E&P contracting brief for the day

Jun 25: 1) Oil India’s cementing tender turns slurry design, lab validation and real-time job data into contractor risk
8Oil India is not treating cementing as a simple pumping service in this three-year drilling and workover package.
8The SOW pushes slurry design, SGS testing, additive control, Duliajan lab validation and real-time data transmission into the contractor’s delivery burden.
8The sharper question is how many service providers can carry that technical load without pricing in a reliability premium.
 
2) SunPetro’s Bhaskar field tender shifts slickline competition from pricing to response capability
8The commercial rates may attract attention, but the operational thresholds define who can realistically compete.
8SunPetro expects mobilisation within 24 hours, rapid confirmation of equipment availability and fast delivery of pressure survey data.
8The tighter implication for vendors lies beyond the quoted prices.
 
3) ONGC rejects phased manpower deployment in Mehsana PCP maintenance corrigendum
8Bidders argued that the revised team structure substantially increases fixed manpower costs compared with the previous contract.
8ONGC has declined to dilute the mandatory deployment requirement, citing the expanded scope of work.
8The decision leaves the revised operating model intact despite direct commercial objections.
 
Click on Details for more Details

Daily forward looking import matrices

Jun 25: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details

Asian drilling campaign continues with third well after first came online, second set to follow suit

Jun 25: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8India’s E100 ethanol push could trigger Rs.50,000 crore auto industry investment Details
 8Oil extends slide on expectations of smoother crude flows via Hormuz Details
 8India-bound oil supertanker booked in Gulf at 897% of benchmark freight rate Details
 8Crude oil futures fall amid weak global trends Details
 8Chhattisgarh govt approves compressed biogas policy 2026 Details
 8Trump claims record 19 million barrels oil flowed through Hormuz Strait amid sanctions waiver Details
 8Oil prices steady as investors focus on Hormuz flows after peace talks Details
 8Gulf gas shipping could be resuming as more vessels transit Hormuz Strait Details
 8Oman assures toll-free movement via Strait of Hormuz Details
 8India welcomes Iran-US MoU and opening of Strait of Hormuz: NSA Details
 8ONGC in talks to acquire PDVSA stakes in two Venezuela oilfields Details
 8Qatar eyes LNG output recovery within weeks, easing fears of wider Iran war energy shock Details
 8No real alternative to Middle Eastern LPG for India: S&P Global's Pulkit Agarwal Details
 830 India-linked ships crossed Strait of Hormuz safely, 26 more await transit Details
 8As gas supply may take longer to normalise, India expands LNG sourcing from US to Brazil Details
 8Alchemy, Paragon launch gamechanging bio CNG plant Details
 8Why Grid India is turning to more gas-based power this monsoon Details
 8Trump says Exxon, Chevron among firms probed as part of surge in gas prices Details
 8TotalEnergies joins ADNOC-led Bab Gas Cap project in UAE Details
 8Global natural gas markets to stabilize after Middle East war, says GECF Secretary General Details
 8ORLEN advances strategic Baltic Eagle Gas Hub project Details
 8Bangladesh buys two LNG shipments for Tk 13.55b Details
 8Arbitration tribunal set up in dispute over revoked gas-to-power and LNG terminal permits Details
 8Saipem exits Saudi Arabian shallow-water drilling playground with sale of jack-up rig fleet to ADES Details
 8Petrobras and Pemex shake hands to explore partnership in oil & gas sphere Details
 8Asian drilling campaign continues with third well after first came online, second set to follow suit Details
 8Gruner Renewable Energy’s Satna facility achieves record 23.5 TPD CBG production Details
 8Hardeep Singh Puri salutes Digboi’s historic oil legacy, backs preservation and future growth Details
 8Iran's Oil Minister travels to India for BRICS Energy Summit Details
 8Why ONGC is eyeing two oilfields in Venezuela; in talks with state-run oil company PDVSA, seeks US approval Details
 8India-bound oil supertanker booked in Gulf at 897% of benchmark freight rate Details
 8Energy security now India’s biggest upstream priority amid global oil market reset, says S&P Global Details
 8Chhattisgarh approves compressed biogas policy 2026 to promote bio-energy sector Details
 8India cuts coal imports as power plants turn to domestic fuel Details
 8China’s crude imports plunge to lowest level since 2018 Details
 8Rosneft proposes oil firms to refine 30% of crude in Russia to ease fuel crunch Details
 8Ms. Srividya Venkataraman takes charge as Director – Finance at HPCL Details
 8ONGC Jorhat Asset holds Level III mock drill at Borholla GGS Details
 8Reliance's Karkinos crosses 1 lakh HPV tests in India. Why this matters for women's health Details
 8BPCL strengthens mechanic engagement through MAK Manthan initiative Details
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Bhavnagar District City Gas Distribution Project

Jun 25: 8Project Name: Bhavnagar District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details Details

How Indian firms ended up on America's sanctions roster

Jun 24: 8From a Delhi aviation-parts supplier to Mumbai ship managers and a petrochem trader, a string of Indian companies now sit on OFAC's blocked-persons list
8Most for allegedly helping move Russian and Iranian oil and goods around Western sanctions. Details

India tightens the screws on gas flaring

Jun 24: 8The World Bank credits India's 2025 rules — a 0.5% flaring cap and a zero-routine-flaring-by-2030 mandate — as a reason its flaring volumes fell, placing it among the world's improvers.
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The private challenger in India's LPG game

Jun 24: 8This Nagpur-based company pitches itself as the country's largest LPG "parallel marketer".
8With 310 auto-LPG stations, 68 bottling plants and a bet that India becomes the world's biggest LPG market by 2030. Details

Bardhaman syn gas tender exposes the weakest link in India’s coal gasification push: Foreign licensor logistics

Jun 24: 8Find out why we say so
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ONGC’s PRP-X corrigendum turns subsea tie-in design and bid-security timing into hard bidder risk filters

Jun 24: 8ONGC has tightened PRP-X on two fronts that bidders cannot treat as clerical.
8The corrigendum hardwires NeSL e-BG timing into bid validity while the technical addendum shifts fresh subsea valve and pig receiver responsibilities into the contractor’s court.
8The bigger question is whether this becomes a wider ONGC template for offshore EPCI risk control.
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PSU oil marketing companies tighten biodiesel B-100 entry gate before opening the 2029 supply pool

Jun 24: 8The new biodiesel empanelment is framed as market access, not an assured supply contract. Its strongest signal lies in quality certification, plant-location lock-in and statutory readiness rather than price discovery. The real commercial test will come later, when only empaneled manufacturers move into OMC quantity bids.
Click on Details for more Details

Today's update in E&P, Midstream-Downstream & CGD sector

Jun 24: 8Here's what's happening today in the E&P, midstream-downstream, and CGD section
Click on Reports for more Details Details

Forged papers and vanishing bidders: Inside E&P company's blacklist of 85 vendors

Jun 24: 8Find out more
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E&P contracting brief: Part I

Jun 24: 1) ONGC-VL tightens CPO-5 workover fluids tender around actual consumption, no standby and contractor-funded lab assurance
8ONGC-VL’s CPO-5 fluids tender is less a commodity chemicals callout and more a controlled workover reliability contract.
8The scope pushes brine quality, lab validation, 24-hour surveillance and inventory continuity onto the contractor.
8The sharper story is how the payment model quietly shifts field-delay and consumption risk before any price bid opens.
 
2) Chandra Oil & Gas wins ONGC Rajahmundry Asset ETP contract as top three bids converge within 5%
8The closest competition in this ONGC effluent-treatment tender came from bidders separated by only a few percentage points.
8Yet the pricing curve breaks sharply after the third-ranked offer, revealing a different view of execution risk.
8The spread raises questions about where contractors believe the real cost pressures will emerge over the next five years.
 
3) Assam Air Products undercuts Deep by 13.0% in ONGC Bokaro CBM compression and cascade transport award
8ONGC’s Bokaro CBM award is a pricing test for wet-gas compression, cascade logistics and pipeline re-injection.
8Assam Air Products has come in 13.0% below Deep Industries, but the contract leaves several operational risks with the service provider.
8The real signal lies in how ONGC softened gas-availability risk without abandoning a variable tariff model.
 
4) Three bidders clear ONGC Bokaro CBM RTMS gate as Three Arrow falls out of race
8ONGC’s Bokaro CBM RTMS tender has moved into a tighter competitive phase after three bidders qualified and one was disqualified.
8The contract is less about devices and more about artificial-lift reliability, cyber-secure data flow and monthly performance survival.
8The bidder outcome hints at a narrowing but still competitive field for production surveillance work.
 
5) ONGC multi-asset O&M corrigendum removes wage reimbursement after bidder challenge
8ONGC has stripped out a reimbursement mechanism that bidders said distorted evaluation in its multi-asset O&M tender.
8The change cleans up the price sheet but pushes wage volatility back into contractor pricing.
8The unresolved issue is whether the corrected tender still leaves smaller bidders outside the real contest.
 
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E&P contracting brief: Part II

Jun 24: 1) ONGC Rajahmundry CDS and TTM corrigendum tightens field-readiness risk while giving bidders sharper casing data
8ONGC has clarified the casing programme but held the line on most contractor risk carve-outs.
8The Rajahmundry CDS and TTM tender now gives bidders more technical visibility without easing HSE, logistics or liability exposure.
8The real signal lies in what ONGC accepted, and what it refused to move.
 
2) ONGC’s Jotana GCP-GDU corrigendum tightens seven-year O&M risk around availability, TEG loss and bid hierarchy.
8ONGC’s latest corrigendum for the Jotana GCP-GDU O&M tender does more than tidy up GeM paperwork.
8It preserves a hard 100% system-availability philosophy while clarifying cost-heavy items such as OEM support, consumables and TEG recovery.
 
3) ONGC Offshore NELP/HELP/OALP wells insurance tender extended as reinsurer-term pressure surfaces
8ONGC has pushed the bid window for its Offshore NELP/HELP/OALP wells insurance renewal.
8The extension looks small on paper, but bidder emails point to a deeper reinsurance-market constraint.
8The real story lies in how a technically volatile offshore well schedule is shaping insurer appetite.
 
4) ONGC MH asset MIP pump tender extended as brownfield offshore risk stays untouched
8ONGC has moved the bid deadline by seven days, but the extension does not soften the tender’s core risk allocation.
8The MH asset package remains a demanding LSTK replacement of seven main water injection pump packages across ICW, WIS and MNW platforms.
8The real story is why ONGC gave time without giving relief.
 
5) ONGC Pipeline Laying Project gets pushed as offshore bidders wrestle with PLP risk
8ONGC has extended the Pipeline Laying Project bid deadline. The latest move takes the recorded net deferral from the original 22 April bid date to 84 days.
8The unresolved story is whether the extra time reflects bid preparation complexity or deeper contractor resistance to the risk package.
 
6) ONGC workover rig O&M tender gets 14-day extension as ILM delay risk and crew eligibility stay in focus
8ONGC’s workover rig O&M tender has moved, giving bidders 14 extra days to price a demanding field-services package.
8The corrigendum softens one pain point by allowing 100% ODR for ONGC-attributable ILM delay, but leaves the “reasonable limit” undefined.
8The larger story is that ONGC has refused to dilute crew-experience and fair wage controls, keeping the vendor pool tightly filtered.
 
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Downstream contracting briefs: Awards

Jun 24: 1) Bina refinery transformer servicing award exposes a 53.8% pricing gulf in a turnaround-critical package
8For a refinery turnaround-linked transformer job, it raises the sharper question: who priced the hidden execution risk correctly?

2) Aromatic Complex recycle gas compressor drive-conversion study awarded to MECON Limited
8The technical fight was less about a report and more about whether OEM-backed data, electrical adequacy and constructability risk could be compressed into a bankable feasibility package. The award leaves a sharper question for future refinery electrification studies.

3) Sona Blw wins Engineers India Limited’s LV electric heater package for Bina Petchem and Refinery Expansion Project
8A small electrical heater award inside BPCL’s Bina expansion carries a larger procurement signal. The tender tied price to documentation, spares, supervision, training and post-warranty support rather than treating equipment supply as a standalone buy. The final L1 number reveals only part of the story.

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Downstream contracting briefs

Jun 24: 1) IOCL cetane improver rate contract shifts feedstock volatility through uncapped 2EH pricing while tightening refinery-grade sample control
8The tender combines an owner-controlled R&D sample gate with an uncapped 2EH-linked variable price formula across a 6,000 MT refinery requirement. That balance changes who carries quality risk, who carries input-cost risk, and how many suppliers can realistically compete.

2) Bharat Petroleum turns pipeline safety study into field-verified risk and drawing refresh for Mumbai Uran LPG pipeline, Kota Jobner product pipeline and Krishnapatnam Hyderabad product pipeline
8The package places unusual weight on field verification, licensed consequence-modelling tools and recent cross-country pipeline experience. The real tension sits in the tender’s internal deltas, which could shape who actually bids and how much risk they price.

3) Paradip Refinery turns high total acid number crude ambition into a corrosion-risk contract
8The tender makes the vendor accountable for keeping corrosion, salt, chloride, pH, oil-and-grease and dosing performance within a measurable operating envelope. The bigger story is how much refinery process risk Indian Oil Corporation Limited is now willing to push into a two-year service contract.

4) Sulphur forming unit: Bidders test BOO risk appetite
8The bid deadline has moved from 23 April 2026 to 15 July 2026 across three extensions. That is not a routine calendar shift when the contract runs for 25 years and payment starts only after commissioning. The deeper story is whether the market is comfortable financing and operating a refinery-integrated sulphur asset on NRL’s terms.

6) Petronet LNG Dahej polypropylene and propane dehydrogenation plant pump tender quietly shifts PSV design risk back to bidders
8A brief pre-bid reply has left bidders without a fresh PSV material, rating or type clarification. EIL has instead pushed them back to instrumentation specification clauses, keeping design responsibility inside the vendor’s court. For pump suppliers, this is where a small technical ambiguity can become a bid-compliance trap.

7) Bina petchem and refinery expansion project turns a piping ambiguity into a 53:47 cost split
8The pre-bid reply gives bidders a hard split for about 2,98,000 inch-dia of prefabricated spools. Part-A now carries 53% and Part-B carries 47%, removing one major grey area in the ethylene cracker unit mechanical package. But the clarification also locks bidders into a sharper pricing base before final bid submission.

Click on Details for more Details

Qatar says Ras Laffan blast will not affect LNG exports

Jun 24: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8Atmos Energy sued over deadly Dallas gas explosion Details
 8Iraq increases southern oil output as Gulf exports rebound Details
 8Woodside signs gas supply deal with Alcoa in Western Australia Details
 8Venezuela bets on gas revival despite persistent energy shortages Details
 8Petronas makes new gas find at Suriname offshore block, discoveries equivalent to 1 billion barrels Details
 8Higher LNG export flows boost US natural gas futures Details
 8Poland to expand Gdansk floating LNG terminal with second FSRU Details
 8BP, Eni greenlight cross-block project offshore Angola Details
 8Analysts project oil, gas market evolution to 2050 Details
 8Uzbekistan woos more Western gas investors Details
 8Qatar says Ras Laffan blast will not affect LNG exports Details
 8India approves $17.4 mn aid for SED ethanol project Details
 8Govt dismisses claims on E20 fuel, reaffirms ethanol blending safety Details
 8India’s LNG imports drop only 5% despite 17% global supply disruption: S&P Details
 8India's LPG imports from US set to cross 1 million tons in June, sources say Details
 812 Indians among 13 killed in explosion at factory in Qatar: Officials Details
 8RBI MPC: Growth rate could top 7% if oil prices fall further Details
 8Kirloskar Oil hits upper circuit, analysts see limited upside ahead Details
 8India's core sector growth hits 7-month low in May, energy industries drag performance Details
 8US-Iran talks make significant progress in Switzerland; Hormuz channel set up to avert incidents Details
 8India extends bidding deadline for deepwater oil and gas blocks for sixth time Details
 8US authorises Iranian oil sales until August 21 as part of push for final West Asia truce deal Details
 8Low-GHG methane’s role in keeping LNG-capable ships compliant Details
 8Kerala native among 12 Indians killed in Qatar gas plant explosion Details
 8No real alternative to Middle Eastern LPG for India: S&P Global's Pulkit Agarwal Details
 8Pemex wants Petronas' deepwater magic Details
 8Why the next billion barrels of oil demand could come from storage Details
 8Europe’s top gas distributor to invest $14.8 billion in AI-backed networks Details
 8Indian airlines may withdraw fuel surcharge as crude oil prices ease: Report Details
 8Union Minister Hardeep Singh Puri visits OIL’s advanced VR centre at Duliajan Details
 8No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sources Details
 8Why Russian crude oil imports to India will hit a record high in June Details
 8Iran rushes to sell oil to India after Trump sanctions waiver – all you need to know Details
 8India pivots to Russian crude and coal to mitigate Iran war fallout Details
 8How the Strait of Hormuz oil crisis is really going to cost India Details
 8NLC India, Indian Oil sign MoU to develop renewable energy projects in Tamil Nadu Details
 8GAIL marks 1 lakh PNG customers in Varanasi | Clean Energy Milestone 2026 Details
 8HPCL Rajasthan Refinery achieves commercial operations date, marks key milestone in project execution Details
 8ONGC funds Rs.260.61 crore River Varuna rejuvenation project in Varanasi to transform urban ecosystem Details
 8ONGC Executive Ajay Kumar recommended for top Director role at BPRL Details
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Cachar, Hailakandi & Karimganj Districts City Gas Distribution Project

Jun 24: 8Project Name: Cachar, Hailakandi & Karimganj Districts City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details Details
  • Jun 23: From importing aromatics to making them :Details
  • Jun 23: Daily forward looking import matrices:Details
  • Jun 23: Das Offshore secures ONGC Mumbai High, Neelam & Heera and Bassein & Satellite pressure vessel integrity contract :Details
  • Jun 23: E&P contracting brief for the day:Details
  • Jun 23: Andhra refinery: Living of sea water:Details
  • Jun 23: BPCL’s Petro Resid Fluidized Catalytic Cracking award exposes a sharp pricing split in refinery safety services:Details