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Jul 2019
Ordinarily, after such a scathing indictment, the government must ask for the resignation of the entire top brass of ONGC but that never happens in India.
8Investigations should be launched for willful neglect, connivance with contractors, conspiracy to cause willful loss on all directors, executive directors, general managers and deputy general managers who had manned the marine logistics division of the company for the period of time that the CAG has taken into account in their report on the performance of the division. In a few instances where there had been a brazen flouting of rules, criminal cases should be instigated. But that never happens in India. Instead many of them have been promoted. The CAG claims that the HR responsibility matrices have been drawn up in a manner that no one is held accountable.
8The secret behind why ONGC has among the lowest vessel and rig rates in the world now stands explained: behind it all is a sordid story of gross inefficiency and connivance. If all hidden costs are taken into account, ONGC probably pays the highest day rates for offshore vessels in the world.
8The CAG has calculated the inefficiency cost of ONGC's Marine Logistics Operations in the four years between 2012-13 to 2016-17 at a massive and a completely unacceptable Rs 2021 crore.
8Connivance is clearly established, when some vessels were not hired and in their place, vessels with higher day rates were deployed.
8ONGC, the CAG report implies, probably has the highest vessel turnaround time in the world, way more than some of its peers.
8A CAG team found the Nava supply base in a complete mess, there was utter chaos inside. Theft of material could not be ruled out, as there seemed to be little or no accountability. There were huge discrepancies between stocks stored and consumed on account of inadequate physical verification.
8Few or no procedures were followed, and findings of independent reports to raise efficiency and increase accountability were not implemented.
8Worse still was the flouting of safety norms in many areas of marine logistics. It is like a ticking time bomb: an accident is just waiting to happen.
8"The scale and magnitude of what the CAG has unraveled boggles the mind, that such gross inefficiencies can exist is beyond one's grasp ," an industry insider who read the report told this website.
When contacted, ONGC corporate head Pallav Bhattacharya was not available for comment.
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8Investigations should be launched for willful neglect, connivance with contractors, conspiracy to cause willful loss on all directors, executive directors, general managers and deputy general managers who had manned the marine logistics division of the company for the period of time that the CAG has taken into account in their report on the performance of the division. In a few instances where there had been a brazen flouting of rules, criminal cases should be instigated. But that never happens in India. Instead many of them have been promoted. The CAG claims that the HR responsibility matrices have been drawn up in a manner that no one is held accountable.
8The secret behind why ONGC has among the lowest vessel and rig rates in the world now stands explained: behind it all is a sordid story of gross inefficiency and connivance. If all hidden costs are taken into account, ONGC probably pays the highest day rates for offshore vessels in the world.
8The CAG has calculated the inefficiency cost of ONGC's Marine Logistics Operations in the four years between 2012-13 to 2016-17 at a massive and a completely unacceptable Rs 2021 crore.
8Connivance is clearly established, when some vessels were not hired and in their place, vessels with higher day rates were deployed.
8ONGC, the CAG report implies, probably has the highest vessel turnaround time in the world, way more than some of its peers.
8A CAG team found the Nava supply base in a complete mess, there was utter chaos inside. Theft of material could not be ruled out, as there seemed to be little or no accountability. There were huge discrepancies between stocks stored and consumed on account of inadequate physical verification.
8Few or no procedures were followed, and findings of independent reports to raise efficiency and increase accountability were not implemented.
8Worse still was the flouting of safety norms in many areas of marine logistics. It is like a ticking time bomb: an accident is just waiting to happen.
8"The scale and magnitude of what the CAG has unraveled boggles the mind, that such gross inefficiencies can exist is beyond one's grasp ," an industry insider who read the report told this website.
When contacted, ONGC corporate head Pallav Bhattacharya was not available for comment.
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8Project Name: ETP Modernization
8Project Cost: Rs 200 crore
8Project Description: Oil and Natural Gas Corporation Limited has awarded the Project management Consultant job for the Uran Gas Processing Plant ETP Modernization project
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8Project Cost: Rs 200 crore
8Project Description: Oil and Natural Gas Corporation Limited has awarded the Project management Consultant job for the Uran Gas Processing Plant ETP Modernization project
Get an update on what is up
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8Project Name: Exploratory Drilling
8Project Cost: Rs 90 crore
8Project Description: Oil And Natural Gas Corporation Limited's 3 well development drilling project in Kalyanpur, Nambar and Khoraghat Extn-1 mining lease areas of Assam is currently undergoing an environment clearance process. EIA consultant for the project, Vimta Labs Limited has completed the almost all the major milestones including the public hearing part and the draft EIA report is being prepared. The company expects to get the EC for the project by the end of this year. The well locations namely PLAB (Kalyanpur), KHBD (Khoraghat), NRAD (Nambar) are spread over an overall area 149 sq km with a PML validity till 2027, 2024 and 2019 respectively. The drilling for the project is expected to start by 2020. ONGC proposes to use its in-house rigs for the project.
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8Project Cost: Rs 90 crore
8Project Description: Oil And Natural Gas Corporation Limited's 3 well development drilling project in Kalyanpur, Nambar and Khoraghat Extn-1 mining lease areas of Assam is currently undergoing an environment clearance process. EIA consultant for the project, Vimta Labs Limited has completed the almost all the major milestones including the public hearing part and the draft EIA report is being prepared. The company expects to get the EC for the project by the end of this year. The well locations namely PLAB (Kalyanpur), KHBD (Khoraghat), NRAD (Nambar) are spread over an overall area 149 sq km with a PML validity till 2027, 2024 and 2019 respectively. The drilling for the project is expected to start by 2020. ONGC proposes to use its in-house rigs for the project.
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8Project Name: Drilling Field Development
8Project Cost: Rs 154 crore
8Project Description: Oil And Natural Gas Corporation Limited has finally got the environment clearance for the 14 well development drilling project in Malleswaram (12 wells) and Vanudurru South (2 wells). Initially, the proposal was a separate one but now the project will be executed as a part of the 72 well development drilling project in West Godavari and East Godavari. The wells will be drilled using ONGC owned drilling rig at a targeted depth of approx. 3800m.
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8Project Cost: Rs 154 crore
8Project Description: Oil And Natural Gas Corporation Limited has finally got the environment clearance for the 14 well development drilling project in Malleswaram (12 wells) and Vanudurru South (2 wells). Initially, the proposal was a separate one but now the project will be executed as a part of the 72 well development drilling project in West Godavari and East Godavari. The wells will be drilled using ONGC owned drilling rig at a targeted depth of approx. 3800m.
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Rooftop solar power is getting to be cheaper than grid power, and far cheaper than gas-based power
8Latest price benchmarks put the cost at around Rs 4.50/kwh for rooftop power
8The rate for smaller installations are pegged at Rs 5.40/kwh
8The point to note is that it is an all-inclusive cost that includes installation, commissioning, transportation, insurance, five year AMC and applicable fees and taxes
8Will gas-based power be delivered at these rates, without a hefty dose of subsidy?
8"The government is proposing the revival of stranded gas-based power capacity, but the plain truth is that it is more expensive," a power sector official told our sister website,www.energylineindia.com
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8Latest price benchmarks put the cost at around Rs 4.50/kwh for rooftop power
8The rate for smaller installations are pegged at Rs 5.40/kwh
8The point to note is that it is an all-inclusive cost that includes installation, commissioning, transportation, insurance, five year AMC and applicable fees and taxes
8Will gas-based power be delivered at these rates, without a hefty dose of subsidy?
8"The government is proposing the revival of stranded gas-based power capacity, but the plain truth is that it is more expensive," a power sector official told our sister website,www.energylineindia.com
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This is a private sector initiative.The point to note is that we just document what the promoter tells us, passing judgment on the information is not our job, unless developments on the ground tell us otherwise. How and when the promoters find funding is not our lookout, for there are many innovative ways in which funding can be arranged, we can only say when the capital approval date will come up
Ammonia-Urea & Captive Power Unit Greenfield Project
8Cost - Rs 7000 crore
8Project Event: The proposal for the terms of references has been granted and an environmental clearance application is likely to be submitted in September 2019, RFQ for the EPC contractor is likely to be released thereafter, it is said
Click here for more details (Only available through www.indianfertilizer.com) Details
Ammonia-Urea & Captive Power Unit Greenfield Project
8Cost - Rs 7000 crore
8Project Event: The proposal for the terms of references has been granted and an environmental clearance application is likely to be submitted in September 2019, RFQ for the EPC contractor is likely to be released thereafter, it is said
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NPK-TSP-GSSP Greenfield Project
8Cost - Rs 100 crore
8Project Event: The proposal for the term of references has been accepted for environmental clearance. RFQ for the EPC contractor is likely to be released at the end of August 2019.
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8Cost - Rs 100 crore
8Project Event: The proposal for the term of references has been accepted for environmental clearance. RFQ for the EPC contractor is likely to be released at the end of August 2019.
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If India were to jump from coal to renewable, skipping the intermediate step that involves a partial transition to gas, where will it leave the gas industry?
8For one, the industry has to be united as it is not now.
8The point to understand is that political and public opinion can radically and suddenly change the prospects of an important economic sector like the gas industry.
8The call to move to renewable from gas will resonate sooner than later, and it is time to prepare for it.
8Then again, industry will still have a role to play, albeit a different one from what it does now. It needs a tailored approach to natural gas, so that it is in sync with, instead of being opposed to, the on-going innovation in the energy sector.
8The gas industry should look at smart interactions with other sources of energy. There are ways by which the entire energy supply can become climate-friendly, while also remaining reliable and affordable for all.
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8For one, the industry has to be united as it is not now.
8The point to understand is that political and public opinion can radically and suddenly change the prospects of an important economic sector like the gas industry.
8The call to move to renewable from gas will resonate sooner than later, and it is time to prepare for it.
8Then again, industry will still have a role to play, albeit a different one from what it does now. It needs a tailored approach to natural gas, so that it is in sync with, instead of being opposed to, the on-going innovation in the energy sector.
8The gas industry should look at smart interactions with other sources of energy. There are ways by which the entire energy supply can become climate-friendly, while also remaining reliable and affordable for all.
Click on Reports for more Details
Even as Indian policy makers continue to emphasize the transition from coal to gas in India, some parts of the world are already moving on to a post-gas world.
8"Get rid of gas" is finding an increasing acceptance among the citizenry in any parts of the world and government's are reacting to that call.
8In some countries, plans have been put in pace to be gas free by 2050. Plans are already been drawn up, and gas consumption will begin falling very soon in these countries while it ramps up in India.
8Is it time for India to look at a straight coal-to-renewable transition instead of moving from coal to gas to renewable energy?
8Having not built the gas infrastructure, will India be better off jumping straight to renewables, like Africa did, when it moved to mobile telephone without building a fixed line infrastructure?
8There are great advantages for a country such as India if it can skip an entire energy paradigm and move on ahead in the direction where the advanced countries are headed, or for that matter in the direction where the world will have to be eventually headed. The costs -- in terms of ecological health, pipeline and attendant network costs as also higher energy values -- would be much lower if that could be done.
8There is not doubt that the transition from coal to gas is easier than from coal to renewables or even gas to renewables, as harder decisions have to be taken.
8But it is better to bite the bullet now than later or else by the time the transition to gas takes place, policy makers may find out to their dismay that all the cost and infrastructure were just a waste of time and money.
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8"Get rid of gas" is finding an increasing acceptance among the citizenry in any parts of the world and government's are reacting to that call.
8In some countries, plans have been put in pace to be gas free by 2050. Plans are already been drawn up, and gas consumption will begin falling very soon in these countries while it ramps up in India.
8Is it time for India to look at a straight coal-to-renewable transition instead of moving from coal to gas to renewable energy?
8Having not built the gas infrastructure, will India be better off jumping straight to renewables, like Africa did, when it moved to mobile telephone without building a fixed line infrastructure?
8There are great advantages for a country such as India if it can skip an entire energy paradigm and move on ahead in the direction where the advanced countries are headed, or for that matter in the direction where the world will have to be eventually headed. The costs -- in terms of ecological health, pipeline and attendant network costs as also higher energy values -- would be much lower if that could be done.
8There is not doubt that the transition from coal to gas is easier than from coal to renewables or even gas to renewables, as harder decisions have to be taken.
8But it is better to bite the bullet now than later or else by the time the transition to gas takes place, policy makers may find out to their dismay that all the cost and infrastructure were just a waste of time and money.
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For reference purposes the website carries here the following tenders:
8Supply of Fire Monitors for KHT Project Details
8Procurement of Base Oil Details
8Project Management Consultancy Services for Polyols Petrochemicals Project Details
8AMC for CPTR/ CPPSM/ ACDC Units of Cathodic Protection System Details
8Hiring of Project Vehicles Details
8Supply of Oil Spill Response items Details
8High Pressure Water Jet cleaning of Transfer Lines & Vapour Lines of Delayed Coker Unit and other Refinery Units Details
8Marine Geo Technical Investigation Works for Kalpasar dam Details
8Hydraulic Fracturing Services on Call-out Basis Details
8Skid Mounted Early Production Facility with Operation and Maintenance services Details
8RTU for Centralised Scada System for Pipeline Project Details
8Procurement of Centrifugal Compressors Details
8Maintenance of Pipelines related to Boost up water and compressor pipes Details
8Procurement of Linear/ Balanced Elliptical Motion Shale Shaker Details
8Hiring of services of one set of 15K rating production testing surface equipments Details
8Hiring of Services for Re-threading of Tubulars of Drilling Services Details
8Operation of high pressure pumps and compressors Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8L&T Hydrocarbon Engineering bags over Rs 7,000 crore order from Saudi Aramco Details
8Existing city gas players must compete post the end of market exclusivity: D K Sarraf, Chairman, PNGRB Details
8Climate push to put oil tankers at risk; registering $100 bn fall in value by 2050 Details
8Russian gas transit via Ukraine jumps on Nord Stream maintenance Details
8Canadian LNG plant signs Chinese supply contract Details
8Russian oil output at levels agreed under OPEC deal: Novak Details
8Barclays cuts 2019, 2020 oil price forecasts on demand woes Details
8Eni files fraud complaint, rejigs trading arm over oil tanker fiasco Details
8Singapore fuel inventories hit eight-month low ahead of IMO fuel switch Details
8IEA revising oil demand growth forecast down on slowing economy Details
8Oil rises after US Navy destroys Iranian drone Details
You can also click on Newsclips for more Details
8Supply of Fire Monitors for KHT Project Details
8Procurement of Base Oil Details
8Project Management Consultancy Services for Polyols Petrochemicals Project Details
8AMC for CPTR/ CPPSM/ ACDC Units of Cathodic Protection System Details
8Hiring of Project Vehicles Details
8Supply of Oil Spill Response items Details
8High Pressure Water Jet cleaning of Transfer Lines & Vapour Lines of Delayed Coker Unit and other Refinery Units Details
8Marine Geo Technical Investigation Works for Kalpasar dam Details
8Hydraulic Fracturing Services on Call-out Basis Details
8Skid Mounted Early Production Facility with Operation and Maintenance services Details
8RTU for Centralised Scada System for Pipeline Project Details
8Procurement of Centrifugal Compressors Details
8Maintenance of Pipelines related to Boost up water and compressor pipes Details
8Procurement of Linear/ Balanced Elliptical Motion Shale Shaker Details
8Hiring of services of one set of 15K rating production testing surface equipments Details
8Hiring of Services for Re-threading of Tubulars of Drilling Services Details
8Operation of high pressure pumps and compressors Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8L&T Hydrocarbon Engineering bags over Rs 7,000 crore order from Saudi Aramco Details
8Existing city gas players must compete post the end of market exclusivity: D K Sarraf, Chairman, PNGRB Details
8Climate push to put oil tankers at risk; registering $100 bn fall in value by 2050 Details
8Russian gas transit via Ukraine jumps on Nord Stream maintenance Details
8Canadian LNG plant signs Chinese supply contract Details
8Russian oil output at levels agreed under OPEC deal: Novak Details
8Barclays cuts 2019, 2020 oil price forecasts on demand woes Details
8Eni files fraud complaint, rejigs trading arm over oil tanker fiasco Details
8Singapore fuel inventories hit eight-month low ahead of IMO fuel switch Details
8IEA revising oil demand growth forecast down on slowing economy Details
8Oil rises after US Navy destroys Iranian drone Details
You can also click on Newsclips for more Details
8National Oilwell Varco has won a contract to supply a large submerged turret production (STP) system for Reliance Industries’ FPSO on the MJ field offshore India.
8McDermott has completed the first of two offshore campaigns for Reliance Industries KG-D6 R-Cluster subsea field development, in the Krishna Godavari Basin, located off the East Coast of India.
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8McDermott has completed the first of two offshore campaigns for Reliance Industries KG-D6 R-Cluster subsea field development, in the Krishna Godavari Basin, located off the East Coast of India.
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8Project Name: Oil Field Development
8Project Cost: Rs 271 crore
8Project Description: This is 5 well exploratory drilling project in Sivasagar District of Assam has been delayed by approximately 6 to 7 months. Although the baseline studies for the block have been completed by ABC Technolabs Limited (EIA Consultant) last year, the Public hearing for the block couldn't be finished by the deadline. In the meanwhile, TOR for the said block will expire by 1st August 2019 and now ONGC has applied for 1 year TOR extension. The drilling will be carried out using ONGC's in house rigs in the following areas: i) North Rudrasagar, ii) Charali, iii) Lakwa, iv) Laiplingaon-Extension, and v) Applied PEL-Extension of part of Sivasagar District PEL in the Panidihing area at a targeted depth of the wells shall be up to 4900m. Further RFQs are expected shortly.
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8Project Cost: Rs 271 crore
8Project Description: This is 5 well exploratory drilling project in Sivasagar District of Assam has been delayed by approximately 6 to 7 months. Although the baseline studies for the block have been completed by ABC Technolabs Limited (EIA Consultant) last year, the Public hearing for the block couldn't be finished by the deadline. In the meanwhile, TOR for the said block will expire by 1st August 2019 and now ONGC has applied for 1 year TOR extension. The drilling will be carried out using ONGC's in house rigs in the following areas: i) North Rudrasagar, ii) Charali, iii) Lakwa, iv) Laiplingaon-Extension, and v) Applied PEL-Extension of part of Sivasagar District PEL in the Panidihing area at a targeted depth of the wells shall be up to 4900m. Further RFQs are expected shortly.
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8Project Name: Drilling Field Development
8Project Cost: Rs 1498 crore
8Project Description: Oil And Natural Gas Corporation Limited's 40 well development drilling project in L-II PML Block in Tamil Nadu has been progressing swiftly. As per the sources, EIA consultant for the project, Vimta Labs Limited has completed almost all the major milestones including the public hearing part and the draft EIA report is about to be completed soon. The company expects to get the EC for the 14 well drilling programme in L-l block and 40 wells development drilling in the adjacent L-ll block by the end of this year. Vimta Labs is the EIA consultants for both blocks
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8Project Cost: Rs 1498 crore
8Project Description: Oil And Natural Gas Corporation Limited's 40 well development drilling project in L-II PML Block in Tamil Nadu has been progressing swiftly. As per the sources, EIA consultant for the project, Vimta Labs Limited has completed almost all the major milestones including the public hearing part and the draft EIA report is about to be completed soon. The company expects to get the EC for the 14 well drilling programme in L-l block and 40 wells development drilling in the adjacent L-ll block by the end of this year. Vimta Labs is the EIA consultants for both blocks
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Ammonium Sulphate Expansion Project
8Cost - Rs 9 crore
8Project Event: The proposal for environmental clearance has been accepted in March 2019. RFQ for the EPC contractor is likely to be released at the end of August 2019.
Click here for more details (Link opens only via www.indianfertilizer.com) Details
8Cost - Rs 9 crore
8Project Event: The proposal for environmental clearance has been accepted in March 2019. RFQ for the EPC contractor is likely to be released at the end of August 2019.
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India will need to fix its foreign arbitration policies if it were to attract large scale foreign investments in the E&P industry.
8Hardy's sell out for a pittance after incurring a debt of $124 million in its Indian assets is a poignant reminder of how a genuine E&P company will think twice before betting its money in India.
8"The fact that Hardy's assets are being taken over at a low transaction value means that another entity is hoping to sort out the legal mess and make capital out of it," an industry insider told this website. "It is a poor reflection of how the system works in India," he added.
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8Hardy's sell out for a pittance after incurring a debt of $124 million in its Indian assets is a poignant reminder of how a genuine E&P company will think twice before betting its money in India.
8"The fact that Hardy's assets are being taken over at a low transaction value means that another entity is hoping to sort out the legal mess and make capital out of it," an industry insider told this website. "It is a poor reflection of how the system works in India," he added.
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Know about the two players who had chiseled the new takeover of Hardy Oil's assets in India.
8They are not known players in the Indian oil & gas industry, and they maintain a low profile in the industry
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8They are not known players in the Indian oil & gas industry, and they maintain a low profile in the industry
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HOEC's managing director Pandarinathan Elango won and then lost the deal to take over Hardy Oil & Gas Ltd's assets in India.
8He has been outfoxed by two other Indian professional entrepreneurs with little hands-on oil & gas experience in India
8The Indian E&P landscape is beginning to change it seems, with the advent of an altogether different breed of players
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8He has been outfoxed by two other Indian professional entrepreneurs with little hands-on oil & gas experience in India
8The Indian E&P landscape is beginning to change it seems, with the advent of an altogether different breed of players
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For reference purposes the website carries here the following tenders:
8Procurement of JIB Crane for Gas Cracker Unit Details
8Supply of Mud System and Spares Details
8Steel Pipeline Laying and Associated Works Details
8ARC for supply of Pipes Details
8Invitation for Expression of Interest for CAMC of Air conditioning facilities Details
8Servicing of Control Valves Details
8Procurement of Carbon Steel Flanges Details
8Requirement of ARC for specialize Scaffolding for Coke Drum Details
8Supply of Centrifugal Low Pressure Compressors Details
8Periodic Condition Monitoring including PV Analysis of Reciprocating Compressors Details
8Procurement of Screw Compressors for Kirloskar Make Screw Chillers Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Ethanol to be central issue in India-Brazil meeting: Industry group Details
8Reliance, BP spending $5 bn on three gas projects in KG-D6 block: Bernard Looney, BP Details
8Ministry has instructed GAIL to split its gas marketing and transmission business: Pradhan Details
8CAG finds deficiencies in ONGC’s marine logistics operations Details
8India's overhauled oil policy unlikely to be a game-changer: Wood Mackenzie Details
8Nigeria's state oil firm awards oil-for-fuel swap deals: Sources Details
8Sufficient oil available to offset India's lost Iranian imports: Oil minister Details
8Russia's Severstal secures $874-mn gas deal with Novatek Details
8Crude futures fall after strong build in U.S. oil products stocks Details
You can also click on Newsclips for more Details
8Procurement of JIB Crane for Gas Cracker Unit Details
8Supply of Mud System and Spares Details
8Steel Pipeline Laying and Associated Works Details
8ARC for supply of Pipes Details
8Invitation for Expression of Interest for CAMC of Air conditioning facilities Details
8Servicing of Control Valves Details
8Procurement of Carbon Steel Flanges Details
8Requirement of ARC for specialize Scaffolding for Coke Drum Details
8Supply of Centrifugal Low Pressure Compressors Details
8Periodic Condition Monitoring including PV Analysis of Reciprocating Compressors Details
8Procurement of Screw Compressors for Kirloskar Make Screw Chillers Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Ethanol to be central issue in India-Brazil meeting: Industry group Details
8Reliance, BP spending $5 bn on three gas projects in KG-D6 block: Bernard Looney, BP Details
8Ministry has instructed GAIL to split its gas marketing and transmission business: Pradhan Details
8CAG finds deficiencies in ONGC’s marine logistics operations Details
8India's overhauled oil policy unlikely to be a game-changer: Wood Mackenzie Details
8Nigeria's state oil firm awards oil-for-fuel swap deals: Sources Details
8Sufficient oil available to offset India's lost Iranian imports: Oil minister Details
8Russia's Severstal secures $874-mn gas deal with Novatek Details
8Crude futures fall after strong build in U.S. oil products stocks Details
You can also click on Newsclips for more Details
Ammonia - Urea & Captive Power Greenfield Project
8Cost - Rs 10000 crore
This is a private sector initiative, wherein a Chinese EPC is being roped in. Equipment funding will come from the Chinese, it seems. A gas supply agreement is in place with GAIL. And promoters claim to be in negotiations with the Chinese company. A deal is expected to be finalized in September. Industry insiders are a little skeptical but then you never know
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8Cost - Rs 10000 crore
This is a private sector initiative, wherein a Chinese EPC is being roped in. Equipment funding will come from the Chinese, it seems. A gas supply agreement is in place with GAIL. And promoters claim to be in negotiations with the Chinese company. A deal is expected to be finalized in September. Industry insiders are a little skeptical but then you never know
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The quality cum price criteria now increasingly introduced in ONGC contracts disallow negotiation of prices with the L-1 bidder.
8A high ranking ONGC official clarified the company's views on the subject
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8A high ranking ONGC official clarified the company's views on the subject
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Jul 17 : Rs 4750 crore Coal Gasification Greenfield Project: Jury still out on who will get the deal
>Coal Gasification Greenfield Project
8Cost - Rs 4750 crore
8Project Event: Wuhuan Engineering is the L1 bidder but L&T is hotly contesting the claim. The battle is still on, and no decision has been taken. The jury is till out on who will bag the contract, it seems. A decision is likey by end of August 2019.
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8Cost - Rs 4750 crore
8Project Event: Wuhuan Engineering is the L1 bidder but L&T is hotly contesting the claim. The battle is still on, and no decision has been taken. The jury is till out on who will bag the contract, it seems. A decision is likey by end of August 2019.
Click here for more details (Available only through www.indianfertilizer.com) Details
Ammonium Nitrate Greenfield Project
8Cost - Rs 1750 crore
8Project Event: The company has hired the technology licensor. The RFQ for the EPCM contractor is likely to be released in August 2019.
Click here for more details (Available only through www.indianfertilizer.com)
Details
8Cost - Rs 1750 crore
8Project Event: The company has hired the technology licensor. The RFQ for the EPCM contractor is likely to be released in August 2019.
Click here for more details (Available only through www.indianfertilizer.com)
Details
For reference purposes the website carries here the following tenders:
8Corrigendum: Design and Commissioning of Stepless Capacity Control Systems for Make-up Gas Compressors Details
8Purchase of Spare Parts for Hydrogen Gas Compressors Details
8Supply of Hydraulic Floor Crane Details
8Procurement of general purpose instrument fittings and valves Details
8Rectification Jobs for Corrosion Coupon and Probes for KG Basin Details
8Procurement of 303600 Kg Additive antiblock agent for LLDPE/ HDPE unit Details
8ARC for Additional Skilled Manpower Resources for Mechanical Maintenance jobs Details
8EOI for Charter hiring of one ready built Well Stimulation Vessel for Stimulation Operations Details
8Supply, Installation, Testing and Commissioning of Steam Boilers Details
8Marine ONGC Nhava Logistics Details
8Supply of SS Tubing for 4 DBs at CGD Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India's wholesale price inflation eases further to 2.02% in June Details
8BPCL buys gasoline for Kandla in rare move Details
8India to launch rules to end gas distributors' monopoly in 34 cities Details
8Moody's affirms Baa1 rating to ONGC Details
8Panel to go into pros and cons of Hydrocarbon projects: TN govt Details
8India's Nayara Energy to invest $850 million to build petrochemical plant Details
8No plan to completely ban petrol, diesel vehicles: Pradhan Details
8OIL signs contract for 12 oil blocks; Vedanta 10, ONGC 8 Details
8Saudi Aramco eyes tie-up with Russia's Lukoil in Uzbek gas Details
8EU slaps sanctions on Turkey over gas drilling off Cyprus Details
8Spain's Petronor completes planned Bilbao oil refinery turnaround Details
8ADNOC hires BAML, Mizuho for natural gas pipelines deal: Sources Details
8European gas prices exceed Asian spot LNG, shuts arbitrage Details
8UAE plans oil trade overhaul to boost Middle Eastern clout Details
8OPINION: Weak global prices to keep domestic edible oil in a narrow range Details
You can also click on Newsclips for more Details
8Corrigendum: Design and Commissioning of Stepless Capacity Control Systems for Make-up Gas Compressors Details
8Purchase of Spare Parts for Hydrogen Gas Compressors Details
8Supply of Hydraulic Floor Crane Details
8Procurement of general purpose instrument fittings and valves Details
8Rectification Jobs for Corrosion Coupon and Probes for KG Basin Details
8Procurement of 303600 Kg Additive antiblock agent for LLDPE/ HDPE unit Details
8ARC for Additional Skilled Manpower Resources for Mechanical Maintenance jobs Details
8EOI for Charter hiring of one ready built Well Stimulation Vessel for Stimulation Operations Details
8Supply, Installation, Testing and Commissioning of Steam Boilers Details
8Marine ONGC Nhava Logistics Details
8Supply of SS Tubing for 4 DBs at CGD Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India's wholesale price inflation eases further to 2.02% in June Details
8BPCL buys gasoline for Kandla in rare move Details
8India to launch rules to end gas distributors' monopoly in 34 cities Details
8Moody's affirms Baa1 rating to ONGC Details
8Panel to go into pros and cons of Hydrocarbon projects: TN govt Details
8India's Nayara Energy to invest $850 million to build petrochemical plant Details
8No plan to completely ban petrol, diesel vehicles: Pradhan Details
8OIL signs contract for 12 oil blocks; Vedanta 10, ONGC 8 Details
8Saudi Aramco eyes tie-up with Russia's Lukoil in Uzbek gas Details
8EU slaps sanctions on Turkey over gas drilling off Cyprus Details
8Spain's Petronor completes planned Bilbao oil refinery turnaround Details
8ADNOC hires BAML, Mizuho for natural gas pipelines deal: Sources Details
8European gas prices exceed Asian spot LNG, shuts arbitrage Details
8UAE plans oil trade overhaul to boost Middle Eastern clout Details
8OPINION: Weak global prices to keep domestic edible oil in a narrow range Details
You can also click on Newsclips for more Details
8Project Name: Exploratory Drilling
8Project Cost: Rs 438 crore
8Project Description: Get a status update on ONGC's 29 well exploratory drilling programme in Gujarat
Click here for more details Details
8Project Cost: Rs 438 crore
8Project Description: Get a status update on ONGC's 29 well exploratory drilling programme in Gujarat
Click here for more details Details
8Project Name: Phase 2 Development
8Project Cost: Rs 200 crore
8Project Description: Oil India Limited's KG-ONN-2004/1 block Phase 2 development project in East Godavari District of Andhra Pradesh & Yanam District of Puducherry will gain impetus now that a nod is expected next month to the field development plan for the project.
Click here for more details Details
8Project Cost: Rs 200 crore
8Project Description: Oil India Limited's KG-ONN-2004/1 block Phase 2 development project in East Godavari District of Andhra Pradesh & Yanam District of Puducherry will gain impetus now that a nod is expected next month to the field development plan for the project.
Click here for more details Details
8Project Name: Pump Package
8Project Description: Oil and Natural Gas Corporation Limited is yet to issue an LOI for the Design, Supply, Installation, Commissioning, Monitoring, Optimization, and Troubleshooting and Replacement of 3 Booster Pump with higher capacities at Heera Platform, but a clear winner has emerged
Click here for more details Details
8Project Description: Oil and Natural Gas Corporation Limited is yet to issue an LOI for the Design, Supply, Installation, Commissioning, Monitoring, Optimization, and Troubleshooting and Replacement of 3 Booster Pump with higher capacities at Heera Platform, but a clear winner has emerged
Click here for more details Details
BHEL has failed to comply with the deadline for construction of the 51 MW combined cycle captive power plant at Hazira
8ONGC now faced with a problem, it seems
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8ONGC now faced with a problem, it seems
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ONGC awards tubings, pup joints and crossover contract: Find out who won
8The deal was for Rs 35.70 crore
8Two bidders participated in the tender
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8The deal was for Rs 35.70 crore
8Two bidders participated in the tender
Click on Details for more Details
8Project Name: Block Exploration
8Project Cost: Rs 500 crore
8Project Description: Oil India Limited has issued the LOI for the 2D seismic services for (RJ/ONHP/2017/8) and (RJ/ONHP/2017/9) blocks.
8The blocks were awarded to the company under the 2018 OALP round.
8Know more about who the L-1 contractor was
Click here for more details Details
8Project Cost: Rs 500 crore
8Project Description: Oil India Limited has issued the LOI for the 2D seismic services for (RJ/ONHP/2017/8) and (RJ/ONHP/2017/9) blocks.
8The blocks were awarded to the company under the 2018 OALP round.
8Know more about who the L-1 contractor was
Click here for more details Details
8Project Name: Platform Development
8Project Description: Oil and Natural Gas Corporation Ltd has released the RFP for the hiring of an EPC contractor for Design, Engineering, Procurement, Fabrication, Load out, Tie down / Sea fastening Tow-out/Sail-out, Transportation, Installation, Hook-up, Testing, Pre-commissioning, Commissioning (wherever applicable) of the entire facilities of the Ratna Processing Platform. A pre-bid meeting has been scheduled on 2nd August which is expected to be attended by several leading EPC contractors including L&T, NPCC, Sapura and a few others. The owner was earlier planning to hire a MOPU for which it had roped in Optimum Oil and Gas Limited, but the tender was later cancelled. Click on Report for more & also Click here for more details Details
8Project Description: Oil and Natural Gas Corporation Ltd has released the RFP for the hiring of an EPC contractor for Design, Engineering, Procurement, Fabrication, Load out, Tie down / Sea fastening Tow-out/Sail-out, Transportation, Installation, Hook-up, Testing, Pre-commissioning, Commissioning (wherever applicable) of the entire facilities of the Ratna Processing Platform. A pre-bid meeting has been scheduled on 2nd August which is expected to be attended by several leading EPC contractors including L&T, NPCC, Sapura and a few others. The owner was earlier planning to hire a MOPU for which it had roped in Optimum Oil and Gas Limited, but the tender was later cancelled. Click on Report for more & also Click here for more details Details
There was a massive increase in the L-1 rate for Baker Marine Class, Marathon LeTourneau or Levingston design rigs in an ONGC tender that opened yesterday.
8It can also mark the end of the low price era for offshore rigs for ONGC, which, for long, had boasted that it was able to elicit the lowest jack up rig rates in the world.
Click on Details for more Details
8It can also mark the end of the low price era for offshore rigs for ONGC, which, for long, had boasted that it was able to elicit the lowest jack up rig rates in the world.
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Complete Rewinding and Repair of Transformers Details
8Procurement of Fittings Details
8Providing JCB, Manpower and associated services Details
8Erection and dismantling of scaffolding to provide safe access for carrying out Inspection & Maintenance of equipment, pipelines and structures Details
8Vehicle Tracking System for Tank Trucks Details
8Supply, Installation and Commissioning of 24 Head Electronic Carousels at LPG Plants Details
8Hiring of Operation and Maintenance of BI-2000-I Rig Details
8Supply of Potassium Chloride Details
8Engagement of Technical Consultant to prepare a Detailed Feasibility Report for the proposed New Value Added Product Project Details
8Hiring of Wireline Logging, Perforation, TCP-DST and Compact Well Suite Details
8Purchase of Digital Well Analyzer Details
8Procurement of Chemicals Details
8Hiring of Services for AMC and FMS for Non-IT Infrastructure of ICE NSDC Details
8Fabrication, Installation and Testing of Condensers Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Government mulling splitting GAIL; to sell pipeline business to strategic investor Details
8Surjewala hits out at BJP for rise in fuel prices Details
886 per cent Ujjwala beneficiaries return for second refill: Dharmendra Pradhan Details
8Govt to sign revenue sharing contract with OALP-II & III bid winners tomorrow Details
8Government's stake cuts unlikely to affect energy PSU ratings: Fitch Details
8Tripling oil exploration area on cards for boosting discoveries Details
8Indian Oil Corporation threat to stop jet fuel supply to Air India resolved Details
8Niti Aayog’s methanol plan for petrol vehicles on the back-burner Details
8Ujjwala has cut rural women’s chest congestion by 20%: Study Details
8Decline in LPG demand pulls down India’s fuel consumption in June Details
8China greenhouse gas emissions soar 50% during 2005-2014: Govt data Details
8China's Sinopec sets up fuel oil unit in Sri Lanka Details
8INNOVATION: CoEFM develops cost effective tech for bio-diesel production Details
8Callon Petroleum to buy Carrizo Oil & Gas in $3.2-bn deal Details
8Indonesia sees over $2 bn in savings from lower that expected 2019 fuel subsidy Details
8European gas hub prices exceed spot Asian LNG price Details
You can also click on Newsclips for more Details
8Complete Rewinding and Repair of Transformers Details
8Procurement of Fittings Details
8Providing JCB, Manpower and associated services Details
8Erection and dismantling of scaffolding to provide safe access for carrying out Inspection & Maintenance of equipment, pipelines and structures Details
8Vehicle Tracking System for Tank Trucks Details
8Supply, Installation and Commissioning of 24 Head Electronic Carousels at LPG Plants Details
8Hiring of Operation and Maintenance of BI-2000-I Rig Details
8Supply of Potassium Chloride Details
8Engagement of Technical Consultant to prepare a Detailed Feasibility Report for the proposed New Value Added Product Project Details
8Hiring of Wireline Logging, Perforation, TCP-DST and Compact Well Suite Details
8Purchase of Digital Well Analyzer Details
8Procurement of Chemicals Details
8Hiring of Services for AMC and FMS for Non-IT Infrastructure of ICE NSDC Details
8Fabrication, Installation and Testing of Condensers Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Government mulling splitting GAIL; to sell pipeline business to strategic investor Details
8Surjewala hits out at BJP for rise in fuel prices Details
886 per cent Ujjwala beneficiaries return for second refill: Dharmendra Pradhan Details
8Govt to sign revenue sharing contract with OALP-II & III bid winners tomorrow Details
8Government's stake cuts unlikely to affect energy PSU ratings: Fitch Details
8Tripling oil exploration area on cards for boosting discoveries Details
8Indian Oil Corporation threat to stop jet fuel supply to Air India resolved Details
8Niti Aayog’s methanol plan for petrol vehicles on the back-burner Details
8Ujjwala has cut rural women’s chest congestion by 20%: Study Details
8Decline in LPG demand pulls down India’s fuel consumption in June Details
8China greenhouse gas emissions soar 50% during 2005-2014: Govt data Details
8China's Sinopec sets up fuel oil unit in Sri Lanka Details
8INNOVATION: CoEFM develops cost effective tech for bio-diesel production Details
8Callon Petroleum to buy Carrizo Oil & Gas in $3.2-bn deal Details
8Indonesia sees over $2 bn in savings from lower that expected 2019 fuel subsidy Details
8European gas hub prices exceed spot Asian LNG price Details
You can also click on Newsclips for more Details
ONGC will have limited options in its hands, now that the day rates have turned out to be high.
8"Frankly, the rates are much on the higher side, and they have come as a surprise," an ONGC official said
8What needs to be watched will be ONGC's next move. Under the cost-cum-quality metrics, the L-1 rate cannot be compared with the earlier rates that ONGC elicited, and the current rate has to be accepted as it is
8But can ONGC refrain itself from using all its clout to hammer down the day rate to a more acceptable level?
Click on Details for more Details
8"Frankly, the rates are much on the higher side, and they have come as a surprise," an ONGC official said
8What needs to be watched will be ONGC's next move. Under the cost-cum-quality metrics, the L-1 rate cannot be compared with the earlier rates that ONGC elicited, and the current rate has to be accepted as it is
8But can ONGC refrain itself from using all its clout to hammer down the day rate to a more acceptable level?
Click on Details for more Details
A sole Indian company bidding against a bunch of battle-hardened multinationals for a high-technology service has been given a special BEC relaxation so that it is in a position to compete.
8Among the bidders with which the Indian company will compete are Baker Hughes, Expro, Schlumberger and Weatherford.
8The special dispensation was on account of the excellent performance by the local company in an earlier contract under the same category, sources said.
8This opens the window for more local companies with the requisite expertise to elicit special BEC dispensations from ONGC.
Click on Details to know more Details
8Among the bidders with which the Indian company will compete are Baker Hughes, Expro, Schlumberger and Weatherford.
8The special dispensation was on account of the excellent performance by the local company in an earlier contract under the same category, sources said.
8This opens the window for more local companies with the requisite expertise to elicit special BEC dispensations from ONGC.
Click on Details to know more Details
Jul 16 : Siliguri Parbatipur Greenfield Product Pipeline Project: Instrumentation RFQ by end of year
Project Name: Siliguri Parbatipur Greenfield Product Pipeline Project
8Project Cost: 350 crores
8Project Description: EIL is the PMC contractor
8Project Event: RFQ for SCADA and instrumentation is expected in Nov-Dec 2019.
8Expenditure Approval: Q3:2016
8RFQ Date: Nov/2019
8Release Date: Oct/2019
8Start Date: 2018
8Completion Date:2022
Click here for more details Details
8Project Cost: 350 crores
8Project Description: EIL is the PMC contractor
8Project Event: RFQ for SCADA and instrumentation is expected in Nov-Dec 2019.
8Expenditure Approval: Q3:2016
8RFQ Date: Nov/2019
8Release Date: Oct/2019
8Start Date: 2018
8Completion Date:2022
Click here for more details Details
Project Name: Kakinada- Nellore Greenfield Natural Gas Pipeline.
8Project Cost: 1800 crore
8There is a fight ongoing over connecting the pipeline to a gas source in Odalarevu, where ONGC's eastern offshore gas is meant to land.
8But project promoters are confident of pushing ahead
8Find out when the RFQ for a PMC is likely to come out
Click here for more details Details
8Project Cost: 1800 crore
8There is a fight ongoing over connecting the pipeline to a gas source in Odalarevu, where ONGC's eastern offshore gas is meant to land.
8But project promoters are confident of pushing ahead
8Find out when the RFQ for a PMC is likely to come out
Click here for more details Details
Sulphuric Acid Expansion Project
8Cost - Rs 100 Crore
8Project Event: The company has submitted the proposal for an amendment in capacity. Internal discussion is ongoing and RFQ for the EPC contractor is likely to be released in August 2019 due to delay in the discussion.
Click here for more details Link available through www.indianfertilizer.com
Details
8Cost - Rs 100 Crore
8Project Event: The company has submitted the proposal for an amendment in capacity. Internal discussion is ongoing and RFQ for the EPC contractor is likely to be released in August 2019 due to delay in the discussion.
Click here for more details Link available through www.indianfertilizer.com
Details
Ammonia Revamp Project
8Cost - Rs 200 Crore
8Project Event: The discussion process is ongoing and RFQ for an EPC contractor is likely to be released at the end of September 2019. Commissioning is slated for end of 2020.
Click here for more details (Link available through www.indianfertilizer.com) Details
8Cost - Rs 200 Crore
8Project Event: The discussion process is ongoing and RFQ for an EPC contractor is likely to be released at the end of September 2019. Commissioning is slated for end of 2020.
Click here for more details (Link available through www.indianfertilizer.com) Details
In what could appear as a big blow to the gas industry in India, a government agency seems to see no requirement for additional gas-based power capacity of 25,000 MW in the next 10 years.
8No fresh gas-based capacity has been considered, as there is limited availability of domestic gas, axiomatically assuming that LNG would be too expensive to drive up gas-based capacity in India.
8"What is implicit in this argument is that coal-based power capacity is being promoted as against far cleaner gas-based power," an industry executive told this website. "It does not take into consideration a host of factors, including a tax on carbon and lower gas prices, that could allow for a substitution of coal with gas, as is the trend in other parts of the world," he went on to say.
8"If the gas-based power sector stays where it is, it will severely limit India's capacity to transit into a cleaner economy," he said
Click on Details for more Details
8No fresh gas-based capacity has been considered, as there is limited availability of domestic gas, axiomatically assuming that LNG would be too expensive to drive up gas-based capacity in India.
8"What is implicit in this argument is that coal-based power capacity is being promoted as against far cleaner gas-based power," an industry executive told this website. "It does not take into consideration a host of factors, including a tax on carbon and lower gas prices, that could allow for a substitution of coal with gas, as is the trend in other parts of the world," he went on to say.
8"If the gas-based power sector stays where it is, it will severely limit India's capacity to transit into a cleaner economy," he said
Click on Details for more Details
Even as the government report rules out additional gas-based power plants, a BP executive reiterated that India has a domestic gas resource potential of more than 100 trillion cubic feet (Tcf) which includes conventional, unconventional, and yet-to-find gas.
8This resource base has the potential to meet up to 50% of anticipated demand for gas (consistent with two-degrees) through 2050.
8Developing India’s domestic gas production will help reduce energy imports, improving energy security as well as enabling more investment and creating.
Click on Reports Details
8This resource base has the potential to meet up to 50% of anticipated demand for gas (consistent with two-degrees) through 2050.
8Developing India’s domestic gas production will help reduce energy imports, improving energy security as well as enabling more investment and creating.
Click on Reports Details
Ammonia-Urea Brownfield Project
8Cost - Rs 4933 Crore
8Project Event: RFQ for the EPC contractor is likely to be released in the next two to three months.
Click here for more details. Access only through www.indianfertilizer.com Details
8Cost - Rs 4933 Crore
8Project Event: RFQ for the EPC contractor is likely to be released in the next two to three months.
Click here for more details. Access only through www.indianfertilizer.com Details
Energy Saving-cum- Ammonia-Urea Expansion Project
8Cost - Rs 540 Crore
8Project Event: The erection work is ongoing at the site. Commissioning is likely to be done in August 2020.
Click here for more details (Links through www.indianfertilizer.com) Details
8Cost - Rs 540 Crore
8Project Event: The erection work is ongoing at the site. Commissioning is likely to be done in August 2020.
Click here for more details (Links through www.indianfertilizer.com) Details
Cairn India, now Vedanta, has invited integrated service contracts for the blocks it own in its OALP-1 Round.
8Just the three service providers are in dialogue now
8Rig service providers are being tapped for rigs
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Details
8Just the three service providers are in dialogue now
8Rig service providers are being tapped for rigs
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Details
A domestic onland rig player is planning to go international
8The players sees opportunities in the international offshore rig market, and have identified geographical areas where it can become a player.
8Among the countries it is planning to pay attention to are Brazil and Oman
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Details
8The players sees opportunities in the international offshore rig market, and have identified geographical areas where it can become a player.
8Among the countries it is planning to pay attention to are Brazil and Oman
Click on Details for more
Details
ONGC's tender for the purchase of 20 Automated Hydraulic Workover Rigs seems is in the final stages of award with LOI expected to be awarded by the end of this month.
8Find out more on who the likely winner is going to be
Click on Details for more Details
8Find out more on who the likely winner is going to be
Click on Details for more Details
ONGC may revive an earlier plan to create a new offshore supply base in the west coast
8A new offshore development plan pegged at around Rs 5000 crore may need a new supply, it is learned
8The Nava port is already overcrowded, and ONGC may well be looking for a new supply base
Click on Details for more Details
8A new offshore development plan pegged at around Rs 5000 crore may need a new supply, it is learned
8The Nava port is already overcrowded, and ONGC may well be looking for a new supply base
Click on Details for more Details
The PNGRB is expected to come out with a series of measures to promote the gas hub concept in India
8A concept paper has been prepared, and it is being worked upon at this moment to bring about more transparency in gas sector trading in India.
Click on Details for more Details
8A concept paper has been prepared, and it is being worked upon at this moment to bring about more transparency in gas sector trading in India.
Click on Details for more Details
The gas swapping arrangement for new CGD players without any pipeline connectivity is undergoing changes, it is learned, in the ministry
8Some kind of a pooling system is being worked out
Click on Details for more Details
8Some kind of a pooling system is being worked out
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Painting of Phase 1 & 2 Flare Header Pipe and its supporting structure Details
8Civil Jobs at Aviation Fuelling Station Details
8Supply of Tubing Cutter Details
8Charter Hire of one Mobile Drilling Rig Packages Details
8Supply, Installation & Commissioning of Mobile Hydraulic Dock Ramps Details
8Supply of Flexible Copper Cables for Phase-2 Details
8Civil SOR Siliguri RRO Details
8ARC for supply of CS Pipes Details
8Supply of Non Sparking Hand Tools Details
8Industrial Paintings Jobs at various Production Facilities Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India's retail inflation hits 8-month high in June Details
8India's diesel demand set for detour as drivers switch to gasoline Details
8Will ask petroleum ministry to allow setting up of ethanol pumps: Nitin Gadkari Details
8India seeks to raise $47 billion from stake sales in state firms over 5 years Details
8India saved Rs 59,000 crore of cooking gas subsidies due to direct transfer Details
8TVS launches India's first ethanol based bike Details
8Govt wants ONGC to sell golf course in Ahmedabad that has oil wells Details
8Diesel most expensive in Raj after 4% VAT increase Details
8India's diesel demand set for detour as drivers switch to gasoline Details
8Iran will continue its oil exports under any conditions: Foreign minister Details
8Oil and mining are likely to attract huge private investment: Rajiv Kumar Details
8U.S. shale firms put up $16.5 million to build West Texas charter schools Details
8Most Louisiana refineries running as storm cuts 70% of offshore oil Details
8Chevron spills 800,000 gallons of oil, water in California Details
8Indonesia's PGN inks deal with Repsol to buy gas from Sakakemang block Details
8Uzbekistan to float state oil and gas firm by 2024 Details
8Output cuts boost Asia oil refining margins to highest since Sept 2017 Details
8China's rising diesel demand boosts appetite for blendstock fuel Details
8Intensifying storm shuts U.S. coastal refinery, adding to energy production losses Details
8Hurricane Energy shares jump on higher guidance from Scottish oil fields Details
8UK to facilitate release of Iranian tanker if it gets Syria guarantees: Hunt Details
You can also click on Newsclips for more Details
8Painting of Phase 1 & 2 Flare Header Pipe and its supporting structure Details
8Civil Jobs at Aviation Fuelling Station Details
8Supply of Tubing Cutter Details
8Charter Hire of one Mobile Drilling Rig Packages Details
8Supply, Installation & Commissioning of Mobile Hydraulic Dock Ramps Details
8Supply of Flexible Copper Cables for Phase-2 Details
8Civil SOR Siliguri RRO Details
8ARC for supply of CS Pipes Details
8Supply of Non Sparking Hand Tools Details
8Industrial Paintings Jobs at various Production Facilities Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India's retail inflation hits 8-month high in June Details
8India's diesel demand set for detour as drivers switch to gasoline Details
8Will ask petroleum ministry to allow setting up of ethanol pumps: Nitin Gadkari Details
8India seeks to raise $47 billion from stake sales in state firms over 5 years Details
8India saved Rs 59,000 crore of cooking gas subsidies due to direct transfer Details
8TVS launches India's first ethanol based bike Details
8Govt wants ONGC to sell golf course in Ahmedabad that has oil wells Details
8Diesel most expensive in Raj after 4% VAT increase Details
8India's diesel demand set for detour as drivers switch to gasoline Details
8Iran will continue its oil exports under any conditions: Foreign minister Details
8Oil and mining are likely to attract huge private investment: Rajiv Kumar Details
8U.S. shale firms put up $16.5 million to build West Texas charter schools Details
8Most Louisiana refineries running as storm cuts 70% of offshore oil Details
8Chevron spills 800,000 gallons of oil, water in California Details
8Indonesia's PGN inks deal with Repsol to buy gas from Sakakemang block Details
8Uzbekistan to float state oil and gas firm by 2024 Details
8Output cuts boost Asia oil refining margins to highest since Sept 2017 Details
8China's rising diesel demand boosts appetite for blendstock fuel Details
8Intensifying storm shuts U.S. coastal refinery, adding to energy production losses Details
8Hurricane Energy shares jump on higher guidance from Scottish oil fields Details
8UK to facilitate release of Iranian tanker if it gets Syria guarantees: Hunt Details
You can also click on Newsclips for more Details
8Project Name: Offshore Platform
8Project Description: Oil and Natural Gas Corporation Ltd is going to launch the RFQs for the hiring of an EPC contractor for the construction of a bridge connected processing platform at its Ratna field, by the end of next week. The owner was earlier planning to hire a MOPU for which it had roped in Optimum Oil and Gas Limited, but the tender was later cancelled. As per the sources, once the final sanction for the draft tender is accorded, the tender will be uploaded on the bidding portal.
8Project Event: RFQ for the EPC contractor for processing platform is expected by 19th July 2019.
Click here for more details Details
8Project Description: Oil and Natural Gas Corporation Ltd is going to launch the RFQs for the hiring of an EPC contractor for the construction of a bridge connected processing platform at its Ratna field, by the end of next week. The owner was earlier planning to hire a MOPU for which it had roped in Optimum Oil and Gas Limited, but the tender was later cancelled. As per the sources, once the final sanction for the draft tender is accorded, the tender will be uploaded on the bidding portal.
8Project Event: RFQ for the EPC contractor for processing platform is expected by 19th July 2019.
Click here for more details Details
When is the H-Energy FSRU going to come on stream?
8It all depends on how quickly the 60 km stretch from the FSRU gets built to GAIL's pipeline network at Dabol.
8When asked by the PNGRB to provide a completion deadline, the company wasn't willing to give any
8But it is learned that the pipeline will be ready sooner than later despite strident protests from villagers on route
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8It all depends on how quickly the 60 km stretch from the FSRU gets built to GAIL's pipeline network at Dabol.
8When asked by the PNGRB to provide a completion deadline, the company wasn't willing to give any
8But it is learned that the pipeline will be ready sooner than later despite strident protests from villagers on route
Click on Details for more Details
ONGC is considering fresh development work in the Panna Mukta oilfields now that the fields have been returned to the company
8A team has been set up within ONGC to handle the project.
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8A team has been set up within ONGC to handle the project.
Click on Details for more Details
The focus is now on one or two candidates now to succeed as Director Onshore in ONGC
8The really experienced executives do not have the requisite two years
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8The really experienced executives do not have the requisite two years
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8Project Name: Drilling Field Development
8Project Cost: Rs 280 crore
8Project Description: Oil And Natural Gas Corporation Limited's 14 exploratory wells drilling plan in L-1 PML and Greater Bhuvanagiri PML in Cuddalore District, Tamilnadu had been delayed as the owner along with its consultant Blade Energy were caught up preparing a field development plan in the block (Development drilling will be carried out simultaneously with exploratory drilling but through a separate project). The owner has not applied for the environment clearance till now for the exploratory drilling project and all the scheduled RFQs will be floated after that. The PML license renewal in under process in the ministry. The tentatively targeted depth of the wells will be up to 5200m. The locations are proposed to be drilled by electrical type rigs which will be hired soon. The equipment required for the project will be Rigs, Casing pipes, Drilling pipes, Drill bits, Xmas Tree, Cementing, Mud logging services, and other oilfield chemicals. Further RFQs are expected shorrtly
Click on Details for more. Details
8Project Cost: Rs 280 crore
8Project Description: Oil And Natural Gas Corporation Limited's 14 exploratory wells drilling plan in L-1 PML and Greater Bhuvanagiri PML in Cuddalore District, Tamilnadu had been delayed as the owner along with its consultant Blade Energy were caught up preparing a field development plan in the block (Development drilling will be carried out simultaneously with exploratory drilling but through a separate project). The owner has not applied for the environment clearance till now for the exploratory drilling project and all the scheduled RFQs will be floated after that. The PML license renewal in under process in the ministry. The tentatively targeted depth of the wells will be up to 5200m. The locations are proposed to be drilled by electrical type rigs which will be hired soon. The equipment required for the project will be Rigs, Casing pipes, Drilling pipes, Drill bits, Xmas Tree, Cementing, Mud logging services, and other oilfield chemicals. Further RFQs are expected shorrtly
Click on Details for more. Details
8Project Name: Oil Field Development
8Project Cost: Rs 100 crore
8Project Description: Bharat PetroResources Limited's RFQs for the hiring of an EIA consultant and a PMC consultant for the development of the Karaikal oil field in Tamil Nadu have been delayed.
8Project Event: RFQ for the hiring of EIA Consultant is expected by Q4 2019.
RFQ for the hiring of PMC consultant is expected by Q4 2019
8Expenditure Approval: Q2/2018
8RFQ Date: Q4/2019
8Release Date: Q4/2019
8Start Date: Q4/2020
8Completion Date: Q4/2023
Click here for more details Details
8Project Cost: Rs 100 crore
8Project Description: Bharat PetroResources Limited's RFQs for the hiring of an EIA consultant and a PMC consultant for the development of the Karaikal oil field in Tamil Nadu have been delayed.
8Project Event: RFQ for the hiring of EIA Consultant is expected by Q4 2019.
RFQ for the hiring of PMC consultant is expected by Q4 2019
8Expenditure Approval: Q2/2018
8RFQ Date: Q4/2019
8Release Date: Q4/2019
8Start Date: Q4/2020
8Completion Date: Q4/2023
Click here for more details Details
The next director commercial of MECON has been selected through a rigorous selection process
8Of seven GMs who applied, one was selected
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8Of seven GMs who applied, one was selected
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There are only 5 days left for someone to apply for the post of GAIL CMD, who retires on February 1, 2020
8Two more director level slots are also falling vacant, it is learned
8Who are the eligible candidates
Click Details for more Details
8Two more director level slots are also falling vacant, it is learned
8Who are the eligible candidates
Click Details for more Details
For reference purposes the website carries here the following tenders:
8Supply, Installation and Commissioning of Hydroprocessing Catalyst Test Unit Details
8Appointment of C&F operator cum secondary transsporter at lubes depot Details
8Appointment of Primary, Industrial and Rural Lube Distributors for locations in North India Details
8Carrying out painting jobs of Crude Heater, Vacuum Heater, NSU Heater and KSU Heater Details
8Supply of Hanger Flanges Details
8Supply of Tubing Tongs Details
8Hiring of the services of Hydro-fracturing in 10 wells Details
8Supply of Armoured Aluminium Cables Details
8Supply, Installation and Commissioning of Electrostatic Emulsion Treater Details
8Hiring of services of Nitrogen Pumping Unit Details
8Hiring of Cementing Services of rigs Details
8Procurement of Chemicals Details
8Hiring of services for AMC and FMS for Non-IT Infrastructure Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Opposition protests fuel price hike, stages walkout from Lok Sabha Details
8Petrol rates to go up by Rs 2.5 per litre, diesel by Re 1 per litre in Uttarakhand Details
8Spent Rs 10,000 crore on capex in FY19: Vedanta Details
8Assam Gas Company, Oil India, GAIL sign agreement for setting up of new CGD Details
8Reduction of government stake in oil companies a credit negative: Moody’s Details
8Ineos to restart Forties crude oil processing unit at 1700 GMT Details
8Dominican Republic expects to award several blocks in first oil licensing round Details
8Argentina opens tender for $2 bn Vaca Muerta gas pipeline Details
8Spain's Naturgy halts gas investment on plan to cut returns Details
8Saipem CEO says Saudi contracts part of natural gas shift Details
8China's CNOOC, Sinopec to jointly study, explore mostly offshore blocks Details
8Govt raises commission for LPG distributors by Rs 11 for every 14.2 Kg cylinder Details
8Opec sees lower 2020 demand for its oil, points to surplus Details
8Oil prices rise amid Gulf of Mexico storm, Middle East tensions Details
You can also click on Newsclips for more Details
8Supply, Installation and Commissioning of Hydroprocessing Catalyst Test Unit Details
8Appointment of C&F operator cum secondary transsporter at lubes depot Details
8Appointment of Primary, Industrial and Rural Lube Distributors for locations in North India Details
8Carrying out painting jobs of Crude Heater, Vacuum Heater, NSU Heater and KSU Heater Details
8Supply of Hanger Flanges Details
8Supply of Tubing Tongs Details
8Hiring of the services of Hydro-fracturing in 10 wells Details
8Supply of Armoured Aluminium Cables Details
8Supply, Installation and Commissioning of Electrostatic Emulsion Treater Details
8Hiring of services of Nitrogen Pumping Unit Details
8Hiring of Cementing Services of rigs Details
8Procurement of Chemicals Details
8Hiring of services for AMC and FMS for Non-IT Infrastructure Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Opposition protests fuel price hike, stages walkout from Lok Sabha Details
8Petrol rates to go up by Rs 2.5 per litre, diesel by Re 1 per litre in Uttarakhand Details
8Spent Rs 10,000 crore on capex in FY19: Vedanta Details
8Assam Gas Company, Oil India, GAIL sign agreement for setting up of new CGD Details
8Reduction of government stake in oil companies a credit negative: Moody’s Details
8Ineos to restart Forties crude oil processing unit at 1700 GMT Details
8Dominican Republic expects to award several blocks in first oil licensing round Details
8Argentina opens tender for $2 bn Vaca Muerta gas pipeline Details
8Spain's Naturgy halts gas investment on plan to cut returns Details
8Saipem CEO says Saudi contracts part of natural gas shift Details
8China's CNOOC, Sinopec to jointly study, explore mostly offshore blocks Details
8Govt raises commission for LPG distributors by Rs 11 for every 14.2 Kg cylinder Details
8Opec sees lower 2020 demand for its oil, points to surplus Details
8Oil prices rise amid Gulf of Mexico storm, Middle East tensions Details
You can also click on Newsclips for more Details
IOC has backed H-Energy's insistence that bundled accounts of GAIL should also be brought under the imbalance and overrun charges under an escrow account mechanism now under work by the PNGRB
8GAIL however is opposed to it, claiming it is a "commercial issue".
8The gas major is also shy of divulging past information on all its supply contracts
Click on Reports for more Details
8GAIL however is opposed to it, claiming it is a "commercial issue".
8The gas major is also shy of divulging past information on all its supply contracts
Click on Reports for more Details
China Petroleum Technology and Development Corporation (CPTDC), a subsidiary of Chinese oil super major, CNPC, made a valiant attempt to bid for ONGC's 27-rig tender but failed to make the grade.
8The the company said it had a very competitive price to offer and yet, despite its high pedigree, was technically disqualified.
8Is there really an inherent bias in the manner in which ONGC treats a Chinese offer, or was the offer itself intrinsically faulty?
8Why do pedigreed Chinese companies find it difficult to operate in India?
8Is it plain bias at work? Or is it a language and cultural barrier issue? Or is it because they depend too much on their Indian agents, failing to themselves understand the complications of the Indian tendering system?
Click on Details for more Details
8The the company said it had a very competitive price to offer and yet, despite its high pedigree, was technically disqualified.
8Is there really an inherent bias in the manner in which ONGC treats a Chinese offer, or was the offer itself intrinsically faulty?
8Why do pedigreed Chinese companies find it difficult to operate in India?
8Is it plain bias at work? Or is it a language and cultural barrier issue? Or is it because they depend too much on their Indian agents, failing to themselves understand the complications of the Indian tendering system?
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply of Flameproof Equipments Details
8Procurement of Permanent Down Hole Gauges Details
8Hiring of Non Rotating Drill Pipe Protector services for KG-OSN-2001/3 Block Details
8Nitrogen Injection Fire Protection System for oil cooled transformers Details
8Purchase of Digital Well Analyzer Details
8Engaging a Partner for Upgradation to PCMM Maturity Level 3 and Functional Competency Framework Details
8Splitter Column and Pipeline Insulation job in HCU2 Details
8Carrying out Dehumidification of Vacuum Column of Crude Distillation Unit Details
8Gel Pigging of Syngas Line to PDPP Project Details
8Procurement of Closed Loop Sampling System Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ONGC, Indian Oil reviving water sources Details
8India’s crude oil production falls 7% in May, pushes import dependence to 85% Details
8Budget won’t have substantial impact on oil companies: M K Surana, HPCL Details
8US oil hits highest in over a month amid Gulf of Mexico storm, Iran tensions Details
8Low prices a historic opportunity for India to boost natural gas share in energy mix Details
8Chevron Phillips, Qatar Petroleum sign $8 bln petrochemical deal Details
8Asia Fuel Oil-Strong demand boosts 380-cst cash premium to 7-1/2 year high Details
8OPEC+ oil deal will lower inventories and stabilise prices -Iraqi oil minister Details
8Aggressive U.S. energy policy tests ties with European allies Details
8Bolivia intends to buy Petrobras stake in gas pipeline to Brazil Details
8How has war affected Syria's oil and gas sector? Details
You can also click on Newsclips for more Details
8Supply of Flameproof Equipments Details
8Procurement of Permanent Down Hole Gauges Details
8Hiring of Non Rotating Drill Pipe Protector services for KG-OSN-2001/3 Block Details
8Nitrogen Injection Fire Protection System for oil cooled transformers Details
8Purchase of Digital Well Analyzer Details
8Engaging a Partner for Upgradation to PCMM Maturity Level 3 and Functional Competency Framework Details
8Splitter Column and Pipeline Insulation job in HCU2 Details
8Carrying out Dehumidification of Vacuum Column of Crude Distillation Unit Details
8Gel Pigging of Syngas Line to PDPP Project Details
8Procurement of Closed Loop Sampling System Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ONGC, Indian Oil reviving water sources Details
8India’s crude oil production falls 7% in May, pushes import dependence to 85% Details
8Budget won’t have substantial impact on oil companies: M K Surana, HPCL Details
8US oil hits highest in over a month amid Gulf of Mexico storm, Iran tensions Details
8Low prices a historic opportunity for India to boost natural gas share in energy mix Details
8Chevron Phillips, Qatar Petroleum sign $8 bln petrochemical deal Details
8Asia Fuel Oil-Strong demand boosts 380-cst cash premium to 7-1/2 year high Details
8OPEC+ oil deal will lower inventories and stabilise prices -Iraqi oil minister Details
8Aggressive U.S. energy policy tests ties with European allies Details
8Bolivia intends to buy Petrobras stake in gas pipeline to Brazil Details
8How has war affected Syria's oil and gas sector? Details
You can also click on Newsclips for more Details
Chinese E&P equipment and service suppliers are unwilling to believe that there is no bias against them in the tendering process of Indian companies, such as ONGC.
8When contracted, one of the suppliers said that bias was clearly evident
8One Chinese premium bit suppliers said that he was the only one found commercially unacceptable while being technically qualified from among eight bidders, who were otherwise commercially and technically qualified.
8"And we supply bits to companies all around the world," he said
8When contacted, an ONGC official repudiated the claim.
Click on Details for more Details
8When contracted, one of the suppliers said that bias was clearly evident
8One Chinese premium bit suppliers said that he was the only one found commercially unacceptable while being technically qualified from among eight bidders, who were otherwise commercially and technically qualified.
8"And we supply bits to companies all around the world," he said
8When contacted, an ONGC official repudiated the claim.
Click on Details for more Details
Not too long ago, Shiv Vani Oil Gas Ltd and the colourful Delhi based Singhee family, owned and operated the largest number of oil rigs in India. But the company went bankrupt under mounting debts, unpaid service tax bills following a blacklisting by ONGC.
8There was a CAG report critical of ONGC's dealings with the company.
8The company has gone into liquidation, but this website is now beginning the process of hunting for the 40 odd rigs that the company possessed. Where are they? Have they been repossessed? How many are lying idle? Can some of them be refurbished and retrieved?
Click on Details for more Details
8There was a CAG report critical of ONGC's dealings with the company.
8The company has gone into liquidation, but this website is now beginning the process of hunting for the 40 odd rigs that the company possessed. Where are they? Have they been repossessed? How many are lying idle? Can some of them be refurbished and retrieved?
Click on Details for more Details
Petronet LNG will now have eight LNG tanks instead of six 177,000 cubic metre tanks currently to ease the bottleneck at Dahej
8Find out who is likely to get the contract
Click on Details for more Details
8Find out who is likely to get the contract
Click on Details for more Details
Project Name: Kochi- Salem Greenfield LPG Pipeline Project (KSPPL)
8Project Cost: 1112 crores
8Project Description: Construction is currently on, and commissioning is around the corner
Click here for more details for more information Details
8Project Cost: 1112 crores
8Project Description: Construction is currently on, and commissioning is around the corner
Click here for more details for more information Details
8Project Name: Slug Catcher Unit Modification
8Project Cost: Rs 250 crore
8Project Description: EIL is the EPCM. Get a full update on this ONGC project here
Click here for more details Details
8Project Cost: Rs 250 crore
8Project Description: EIL is the EPCM. Get a full update on this ONGC project here
Click here for more details Details
8Project Name: Oil Field Development
8Project Cost: Rs 792 crore
8Project Description: An integrated well development plan within this 72 well development drilling programme along with the adjacent Malleswaram in East Godavari, West Godavari and Krishna districts of Andhra Pradesh witnessed a good response. Meanwhile, there are other developments too on this drilling programme.
8Project Event: RFPs for the facility development of EPS are expected by August end 2019.
Click here for more details Details
8Project Cost: Rs 792 crore
8Project Description: An integrated well development plan within this 72 well development drilling programme along with the adjacent Malleswaram in East Godavari, West Godavari and Krishna districts of Andhra Pradesh witnessed a good response. Meanwhile, there are other developments too on this drilling programme.
8Project Event: RFPs for the facility development of EPS are expected by August end 2019.
Click here for more details Details
8Project Name: Exploratory Drilling
8Project Cost: Rs 100 crore
8Project Description: Oil and Natural Gas Corporation Limited's 02 well exploratory drilling in Sivasagar District of Assam has been put on hold on account of delay in the grant of forest clearance for the project. As per the sources, the forest clearance for the wells will take some time and RFQs will be floated only after the final approval is received from the ministry. The drilling rig to be employed for the project is already available with the owner and is currently deployed in the adjacent field.
8Project Event: RFQs for the project are on hold.
Click here for more details, including project details and key contacts Details
8Project Cost: Rs 100 crore
8Project Description: Oil and Natural Gas Corporation Limited's 02 well exploratory drilling in Sivasagar District of Assam has been put on hold on account of delay in the grant of forest clearance for the project. As per the sources, the forest clearance for the wells will take some time and RFQs will be floated only after the final approval is received from the ministry. The drilling rig to be employed for the project is already available with the owner and is currently deployed in the adjacent field.
8Project Event: RFQs for the project are on hold.
Click here for more details, including project details and key contacts Details
ONGC has awarded the contract for the supply, installation and commissioning of Rig Masts
8Two companies were there but the tender was awarded on a single tender basis
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8Two companies were there but the tender was awarded on a single tender basis
Click on Details for more Details
Ammonia-Urea Energy Saving Project-II
8Cost - Rs 234 crore
8Project Event: Engineering studies are ongoing and the RFQ for an LSTK contractor is likely to be released in August 2019. The project is likely to be completed in March 2020.
Click here for more details
Phosphoric acid Expansion Project
8Cost - Rs130 crore
8Project Event: The purchase of a long lead item is ongoing. The proposal for the environmental clearance has been elicited in May 2018, there is no need for a contractor, The company has decided to do the project through its existing engineering team. The erection & installation work is ongoing for mechanical equipment.
Click here for more details (Links available only through www.indianfertilizer.com or get in touch with our marketing team) Details
8Cost - Rs 234 crore
8Project Event: Engineering studies are ongoing and the RFQ for an LSTK contractor is likely to be released in August 2019. The project is likely to be completed in March 2020.
Click here for more details
Phosphoric acid Expansion Project
8Cost - Rs130 crore
8Project Event: The purchase of a long lead item is ongoing. The proposal for the environmental clearance has been elicited in May 2018, there is no need for a contractor, The company has decided to do the project through its existing engineering team. The erection & installation work is ongoing for mechanical equipment.
Click here for more details (Links available only through www.indianfertilizer.com or get in touch with our marketing team) Details
8The government has recently provided a special dispensation to the earlier GSPC-owned block blocks KG-OSN-2001/3. ONGC had subsequently bought the block off GSPC for $1 billion
8A new lease of life has also been given for the block VN-ONN-2009/3 in Madhya Pradesh
8The petroleum ministry has sent a note to the PMO on the 100-day agenda for the oil & gas industry
8Know the latest on the tenders floated by OMCs for purchase of ethanol and bio diesel
8Also find out more on the LOIs issued against tenders for compressed bio gas production
Click on Reports for more Details
8A new lease of life has also been given for the block VN-ONN-2009/3 in Madhya Pradesh
8The petroleum ministry has sent a note to the PMO on the 100-day agenda for the oil & gas industry
8Know the latest on the tenders floated by OMCs for purchase of ethanol and bio diesel
8Also find out more on the LOIs issued against tenders for compressed bio gas production
Click on Reports for more Details
The IMO 2020 can push jet fuel prices either higher or lower
8Find out more on how two diametrically different scenarios can emerge from out of one event
8But it is clear that since fuel is airlines’ largest expense, they should be prepared for this IMO 2020 risk and ensure it is incorporated in their broader risk management strategies.
Click on Reports for more Details
8Find out more on how two diametrically different scenarios can emerge from out of one event
8But it is clear that since fuel is airlines’ largest expense, they should be prepared for this IMO 2020 risk and ensure it is incorporated in their broader risk management strategies.
Click on Reports for more Details
L&T Hydrocarbon Limited (LTHE) had a hugely successful year
8For the FY 2018-19, L&T's Hydrocarbon segment registered a strong performance
with large growth in order inflow and profitable revenue growth. The segment recorded a growth rate of 76.3% for FY 2018-19 with fresh orders aggregating to Rs 27,871 crore in comparison to Rs 15811 crores for the FY 2017-18.
8So, where is the growth coming from here onwards?
8There is still a lot going in this segment, the company feels
Click on Reports for more Details
8For the FY 2018-19, L&T's Hydrocarbon segment registered a strong performance
with large growth in order inflow and profitable revenue growth. The segment recorded a growth rate of 76.3% for FY 2018-19 with fresh orders aggregating to Rs 27,871 crore in comparison to Rs 15811 crores for the FY 2017-18.
8So, where is the growth coming from here onwards?
8There is still a lot going in this segment, the company feels
Click on Reports for more Details
Gas from the Myanmar blocks, in which OVL is invested, was meant to come to India but it went to China instead
8Helpless, OVL, keen to hold on to these blocks, is pumping in a massive volume of funds to keep production going right up to 2031
Click on Details for more Details
8Helpless, OVL, keen to hold on to these blocks, is pumping in a massive volume of funds to keep production going right up to 2031
Click on Details for more Details
Total of France may emerge as the biggest private sector LNG player in India
8The French multinational is likely to gain an upper hand over two of its rivals: Shell, an established LNG player, and Exxon Mobil, who has been stationed in India for some time now looking for an entry into the gas business.
Click on Details for more Details
8The French multinational is likely to gain an upper hand over two of its rivals: Shell, an established LNG player, and Exxon Mobil, who has been stationed in India for some time now looking for an entry into the gas business.
Click on Details for more Details
8Project Name: Baitalpur Greenfield POL Terminal Project
8Project Cost: Rs 380 crore
8Project Description: Indian Oil Corporation Limited has hired PDIL as an EPCM contractor to revamp its existing POL terminal from 29996KL to 99208KL at Baitalpur depot, Deoria, Uttar Pradesh. All the major tenders including the civil and electrical works have already been floated, Anubhavi Construction Ltd is doing to the civil and electrical works. Furthermore, tender for the pre-commissioning and commissioning works are expected to be floated soon.
Click here for more details for key contacts and other details Details
8Project Cost: Rs 380 crore
8Project Description: Indian Oil Corporation Limited has hired PDIL as an EPCM contractor to revamp its existing POL terminal from 29996KL to 99208KL at Baitalpur depot, Deoria, Uttar Pradesh. All the major tenders including the civil and electrical works have already been floated, Anubhavi Construction Ltd is doing to the civil and electrical works. Furthermore, tender for the pre-commissioning and commissioning works are expected to be floated soon.
Click here for more details for key contacts and other details Details
8Project Name: Kakinada-Srikakulam Greenfield Natural Gas Pipeline (APGDC)
8Project Cost: Rs 1632 crore
8Project Description: Andhra Pradesh Gas Distribution Corporation Limited along with PMC contractor MECON Limited is now constructing the 300 km Kakinada to Srikakulam. Two pipeline laying contracts were awarded for 180 km, Phase 1 of the pipeline, from Kakinada to Visakhapatnam. Work on the first phase is now expected to be completed in the next four months, and RFQs for commissioning work for the pipeline is expected soon. RFQ for the remaining 95 km, the second phase of the pipeline from Visakhapatnam to Srikakulum are expected to come out soon after the completion of the first phase, which is expected around December 2019.
Click here for more details for key contacts and other details Details
8Project Cost: Rs 1632 crore
8Project Description: Andhra Pradesh Gas Distribution Corporation Limited along with PMC contractor MECON Limited is now constructing the 300 km Kakinada to Srikakulam. Two pipeline laying contracts were awarded for 180 km, Phase 1 of the pipeline, from Kakinada to Visakhapatnam. Work on the first phase is now expected to be completed in the next four months, and RFQs for commissioning work for the pipeline is expected soon. RFQ for the remaining 95 km, the second phase of the pipeline from Visakhapatnam to Srikakulum are expected to come out soon after the completion of the first phase, which is expected around December 2019.
Click here for more details for key contacts and other details Details
GAIL seems to have been able to garner support from a powerful quarter in its fight to stay afloat without being split up or sold.
8This is likely to make the government's effort to separate the marketing and transmission segments of the company more complicated.
8A backlash seems to be clearly emerging against the strident demand to either sell or split up GAIL.
Click on Details for more Details
8This is likely to make the government's effort to separate the marketing and transmission segments of the company more complicated.
8A backlash seems to be clearly emerging against the strident demand to either sell or split up GAIL.
Click on Details for more Details
It is learned that Reliance Industries Ltd has been accused of releasing polluted water from its Jamnagar refinery to the neighboring villages
8Crops have been damaged, groundwater soiled, claimed farmers in the area
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8Crops have been damaged, groundwater soiled, claimed farmers in the area
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8Project Name: Offshore Field Development
8Project Cost: Rs 2830 crore
8Project Description: It looks like approval has finally come in for development of this nomination field. The development will not get any premium pricing so clearance was a problem so far. A seismic tender is already under processing. Find out more on this project
8Project Event: RFQ for hiring EPC contractor for well head platforms is expected by August end 2019.
8Expenditure Approval: Apr/2018
8RFQ Date: Aug/2019
8Release Date: Oct/2019
8Start Date: Q4/2019
8Completion Date: Mar/2023
Click here for more details Details
8Project Cost: Rs 2830 crore
8Project Description: It looks like approval has finally come in for development of this nomination field. The development will not get any premium pricing so clearance was a problem so far. A seismic tender is already under processing. Find out more on this project
8Project Event: RFQ for hiring EPC contractor for well head platforms is expected by August end 2019.
8Expenditure Approval: Apr/2018
8RFQ Date: Aug/2019
8Release Date: Oct/2019
8Start Date: Q4/2019
8Completion Date: Mar/2023
Click here for more details Details
8Project Name: Oil Field Development
8Project Cost: Rs 552 crore
8Project Description: The private sector company is finally accepting quotations for two gas gathering stations. In the meanwhile, the company had requested EC committee seeking an exemption in the conduct of public hearing as it had been less than 3 years since the last public hearing for the block was carried out. As of now EIA report preparation is going and is expected to be submitted by the end of next month. The wildlife clearance for the project has also not been granted as of now.
Click here for more details Details
8Project Cost: Rs 552 crore
8Project Description: The private sector company is finally accepting quotations for two gas gathering stations. In the meanwhile, the company had requested EC committee seeking an exemption in the conduct of public hearing as it had been less than 3 years since the last public hearing for the block was carried out. As of now EIA report preparation is going and is expected to be submitted by the end of next month. The wildlife clearance for the project has also not been granted as of now.
Click here for more details Details
8Project Name: Offshore Oilfield Development
8Project Cost: Rs 295 crore
8Project Description: This two well exploratory drilling project will experience some delays as the owner has not applied for the environment clearance till now. All the RFQs will be floated after the EC for the project is granted. This is the first discovery beyond the shelf margin and also in the Pliocene formation in Mumbai Offshore Basin.
Click here for more details Details
8Project Cost: Rs 295 crore
8Project Description: This two well exploratory drilling project will experience some delays as the owner has not applied for the environment clearance till now. All the RFQs will be floated after the EC for the project is granted. This is the first discovery beyond the shelf margin and also in the Pliocene formation in Mumbai Offshore Basin.
Click here for more details Details
Single/Triple Super Phosphate Greenfield Project
8Cost - Rs 25 crore
8Project Event: The project has sufficient fund to progress but due to internal matters, it is still on hold, RFQ for the contractor is likely to be released in September 2019.
Click here for more details
SSP Greenfield Project
8Cost - Rs10 crore
8Project Event: The company hired all the contractors, equipment purchase work is ongoing. Construction is likely to start in October 2019.
Click here for more details
Links available only through www.indianfertilizer.com Details
8Cost - Rs 25 crore
8Project Event: The project has sufficient fund to progress but due to internal matters, it is still on hold, RFQ for the contractor is likely to be released in September 2019.
Click here for more details
SSP Greenfield Project
8Cost - Rs10 crore
8Project Event: The company hired all the contractors, equipment purchase work is ongoing. Construction is likely to start in October 2019.
Click here for more details
Links available only through www.indianfertilizer.com Details
For reference purposes the website carries here the following tenders:
8Pipeline Intrusion Detection System for Vijayawada Dharmapuri Pipeline Project Details
8Carrying out Miscellaneous Hot works in CDU II, MEROX II and VBU II Units Details
8Sarapady Raw Water Line Concrete Hume Pipe Joint Sealing with PCC to avoid leakage Details
8ARC for cleaning of water tanks in refinery phase Details
8Supply of Portable Vibrator Analyzer System Details
8Hiring Services for Topographical Survey Work using Total Station & DGPS and Consultancy for Preparation of Detailed Project Report of Drilling Locations Details
8Hiring of Services for Operation and Maintenance of Makum Gas Compressor Station Details
8Procurement of Ferriminex and Manganese Di-oxide Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India, China bilateral trade declines by 3.59 per cent in first 5 months of this year Details
8Trump’s new target of unfair trade: India Details
8Malaysia’s Tenaga plans to set up a green energy platform in India Details
8Nayara Energy to invest Rs 1.3 lakh crore at Vadinar in Gujarat Details
8OPINION: Hedge funds sell crude as economy fears Trump OPEC cuts Details
8Mozambique to become world’s 2nd biggest gas exporter Details
8Ambitious revenue goals raise risk of fiscal slippage: Moody’s Details
8Aramco awards $18billion in deals for work at oil fields Details
8Oil prices rise as data shows bigger-than-expected fall in US stockpiles Details
8Oil Minister Zanganeh says hopeful Iran's oil exports will improve Details
8Seized Iran supertanker was loaded to capacity with crude oil: Gibraltar govt Details
8Emissions rules and electric shift to spur car engines M&A Details
You can also click on Newsclips for more Details
8Pipeline Intrusion Detection System for Vijayawada Dharmapuri Pipeline Project Details
8Carrying out Miscellaneous Hot works in CDU II, MEROX II and VBU II Units Details
8Sarapady Raw Water Line Concrete Hume Pipe Joint Sealing with PCC to avoid leakage Details
8ARC for cleaning of water tanks in refinery phase Details
8Supply of Portable Vibrator Analyzer System Details
8Hiring Services for Topographical Survey Work using Total Station & DGPS and Consultancy for Preparation of Detailed Project Report of Drilling Locations Details
8Hiring of Services for Operation and Maintenance of Makum Gas Compressor Station Details
8Procurement of Ferriminex and Manganese Di-oxide Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India, China bilateral trade declines by 3.59 per cent in first 5 months of this year Details
8Trump’s new target of unfair trade: India Details
8Malaysia’s Tenaga plans to set up a green energy platform in India Details
8Nayara Energy to invest Rs 1.3 lakh crore at Vadinar in Gujarat Details
8OPINION: Hedge funds sell crude as economy fears Trump OPEC cuts Details
8Mozambique to become world’s 2nd biggest gas exporter Details
8Ambitious revenue goals raise risk of fiscal slippage: Moody’s Details
8Aramco awards $18billion in deals for work at oil fields Details
8Oil prices rise as data shows bigger-than-expected fall in US stockpiles Details
8Oil Minister Zanganeh says hopeful Iran's oil exports will improve Details
8Seized Iran supertanker was loaded to capacity with crude oil: Gibraltar govt Details
8Emissions rules and electric shift to spur car engines M&A Details
You can also click on Newsclips for more Details
There is a plethora of E&P regimes at work in India at this juncture.
8There are oil & gas regulations, and there are rules for CBM as well.
8And one company may be working in multiple regimes.
Click on Reports for a full set of guidelines on how the government and the DGH evaluates oil & gas assets under different regimes Details
8There are oil & gas regulations, and there are rules for CBM as well.
8And one company may be working in multiple regimes.
Click on Reports for a full set of guidelines on how the government and the DGH evaluates oil & gas assets under different regimes Details
In a rare admission, GAIL says that it has overestimated the backend calculations submitted for calculation of pipeline tariffs.
8"It looks like that the company took a quite a few liberties with existing regulations," a pipeline executive told this website.
8GAIL is now admitting to doing so
Click on Reports for more Details
8"It looks like that the company took a quite a few liberties with existing regulations," a pipeline executive told this website.
8GAIL is now admitting to doing so
Click on Reports for more Details
We have activated an in-house team of engineers to begin collecting rig data in India.
8The eventual idea is to track rig movement, chase well data, and seek business development opportunities for equipment and service producers.
8The E&P market is getting active in India, with new companies entering the fray
8Here is a database of offshore rigs in India, and we are complying one for onshore rigs. We will at some point later, tether this database to actual well data on the ground.
Click on Reports for more Details
8The eventual idea is to track rig movement, chase well data, and seek business development opportunities for equipment and service producers.
8The E&P market is getting active in India, with new companies entering the fray
8Here is a database of offshore rigs in India, and we are complying one for onshore rigs. We will at some point later, tether this database to actual well data on the ground.
Click on Reports for more Details
ONGC has decided to take independent third party H2S systems in offshore rigs, instead of taking then from rig owners
8ONGC usually seeks a quote of the H2S system as an optional item
More often than not, the H2S system quoted by rig owners are much higher than third party rates Details
8ONGC usually seeks a quote of the H2S system as an optional item
More often than not, the H2S system quoted by rig owners are much higher than third party rates Details
What is the approved latest rate for F&GL rigs hired by ONGC
8Jagson has two rigs deployed under this category
8Find out the mobilization rate, ODR, NODR, MDR, EDR and demobilization charges
Click on Details for more Details
8Jagson has two rigs deployed under this category
8Find out the mobilization rate, ODR, NODR, MDR, EDR and demobilization charges
Click on Details for more Details
8Project Name: GS-15-1 and GS-15-4 Platform Repairs
8Project Description: Oil and Natural Gas Corporation Limited has hired JPC Enterprises Engineers and Contractors Limited for carrying out the repairs of GS-15-1 and GS-15-4 offshore platforms. In the meanwhile, the contract for pigging services for 6 well fluid pipeline from GS-15-4 to GCS Odalrevu has been awarded to Mynor Enterprises Private Limited. The entire work scope has to be completed within a timeframe of 12 months. Currently, the bidding from the contractor's end is going.
8Project Event: RFQs for the hiring of equipment are out from subcontractor's end.
Click here for more details Details
8Project Description: Oil and Natural Gas Corporation Limited has hired JPC Enterprises Engineers and Contractors Limited for carrying out the repairs of GS-15-1 and GS-15-4 offshore platforms. In the meanwhile, the contract for pigging services for 6 well fluid pipeline from GS-15-4 to GCS Odalrevu has been awarded to Mynor Enterprises Private Limited. The entire work scope has to be completed within a timeframe of 12 months. Currently, the bidding from the contractor's end is going.
8Project Event: RFQs for the hiring of equipment are out from subcontractor's end.
Click here for more details Details
8Project Name: Drilling Field Exploration
8Project Cost: Rs 400 crore
8Project Description: Oil And Natural Gas Corporation Limited has reapplied for the TOR of the 10 well exploratory programme in a PML block, seeking the extension of the Original TOR. In the meanwhile, the EIA consultant will be hired once the TOR for the project is granted approval. The drilling rig to be utilized for the project is already available in the adjacent block where drilling is already going on.
8Project Event: RFQ for hiring EIA services is expected by Q4 2019
RFQ for hiring rig mobilization services is expected by Q3 2020
RFQ for the supply of oilfield chemicals is expected by Q3 2020
8Expenditure Approval: Q1/2017
8RFQ Date: Q4/2019
8Release Date: Q4/2019
8Start Date: Dec/2020
8Completion Date: Dec/2020
Click here for more details Details
8Project Cost: Rs 400 crore
8Project Description: Oil And Natural Gas Corporation Limited has reapplied for the TOR of the 10 well exploratory programme in a PML block, seeking the extension of the Original TOR. In the meanwhile, the EIA consultant will be hired once the TOR for the project is granted approval. The drilling rig to be utilized for the project is already available in the adjacent block where drilling is already going on.
8Project Event: RFQ for hiring EIA services is expected by Q4 2019
RFQ for hiring rig mobilization services is expected by Q3 2020
RFQ for the supply of oilfield chemicals is expected by Q3 2020
8Expenditure Approval: Q1/2017
8RFQ Date: Q4/2019
8Release Date: Q4/2019
8Start Date: Dec/2020
8Completion Date: Dec/2020
Click here for more details Details
8Project Name: Offshore Oilfield Development
8Project Cost: Rs 102 crore
8Project Description: RFQs for PEL block BB-OS-DW-I will be out by Q4 2019. Furthermore, all the RFQs for well consumables will be floated next year. In the meanwhile, the rig to be deployed at that time will depend upon availability from among the chartered hired rigs pool of ONGC. The block was awarded to ONGC with effect from 1998 on nomination basis to carry out hydrocarbon exploration in deep water area of Mumbai Offshore.
8Project Event: RFQ for the hiring of an EIA consultant is expected by Q4 2019.
RFQ for the equipment is expected by Q1 2020.
Click here for more details Details
8Project Cost: Rs 102 crore
8Project Description: RFQs for PEL block BB-OS-DW-I will be out by Q4 2019. Furthermore, all the RFQs for well consumables will be floated next year. In the meanwhile, the rig to be deployed at that time will depend upon availability from among the chartered hired rigs pool of ONGC. The block was awarded to ONGC with effect from 1998 on nomination basis to carry out hydrocarbon exploration in deep water area of Mumbai Offshore.
8Project Event: RFQ for the hiring of an EIA consultant is expected by Q4 2019.
RFQ for the equipment is expected by Q1 2020.
Click here for more details Details
ONGC hires 400 vehicles in one go
8In Assam, is the work level going up?
Click on Details for more Details
8In Assam, is the work level going up?
Click on Details for more Details
Sulphate of Potash-Bromine and Captive Power Unit Expansion Project
8Cost - Rs 500 crore
8Project Event: The project is in the initial phase management is taking time to move forward but RFQ for an EPC contractor is likely to be released in August 2019 due to delay in the discussion.
Click here for more details (This link is through our sister site, www.indianfertilizer.com) Details
8Cost - Rs 500 crore
8Project Event: The project is in the initial phase management is taking time to move forward but RFQ for an EPC contractor is likely to be released in August 2019 due to delay in the discussion.
Click here for more details (This link is through our sister site, www.indianfertilizer.com) Details
Phosphoric Acid Expansion Project
8Cost - Rs 1100 crore
8Project Event: The EPCM contractor hiring is under process, It is likely to finalized after the monsoon.
Click here for more details, for key contacts and other data. (This link is through www.indianfertilizer.com) Details
8Cost - Rs 1100 crore
8Project Event: The EPCM contractor hiring is under process, It is likely to finalized after the monsoon.
Click here for more details, for key contacts and other data. (This link is through www.indianfertilizer.com) Details
For reference purposes the website carries here the following tenders:
8Requirement of Reformulyzer/ Gas Chromatography Details
8Requirement of Carbon and Sulphur Analyser Details
8Hiring of Consultancy Services for Redevelopment and production enhancement strategy for Ingoli Field Details
8Supply of Multizone Door Frame Metal Detectors and Hand Held Metal Detectors Details
8Procurement of Carbon and Alloy Steel End Caps Details
8Supply of LPG cylinders fitted with required fittings Details
8Providing Vehicles on Hire Services for proposed Pipeline at Project Locations Details
8Production and Supply of Compressed Bio Gas to Oil Marketing Companies Details
8Supply of API 600 Gate Valves Details
8Hiring of services for 3D Broadband seismic data acquisition in MB-OSHP-2017/1, C Series and GK-28/42 areas of Western offshore Details
8Hiring of services for miscellaneous Electrical works for LPG-II Cooling Tower during the augmentation of third cell Details
8Hiring of Natural Gas Compression Services Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Nayara Energy raises $750 million via offshore loan Details
8Three more CNG filling stations in Patna, Naubatpur by August Details
8Dharmendra Pradhan justifies hike in taxes on fuel Details
8China refiners curb fuel output after massive new plants stoke glut Details
8Bangladesh protests against gas price rise Details
8Crude oil prices drop as trade tensions stoke economy worries Details
8Squeezed by sanctions, Venezuela sells oil to tiny Turkish firm Details
8Russia's Transneft rebukes Rosneft over tainted crude oil crisis Details
8Iran accuses US of using crude oil sanctions to gain market clout Details
8Oil extends gains, supported by surprise US jobs report Details
8Turkey says second ship will begin drilling oil and gas off Cyprus Details
You can also click on Newsclips for more Details
8Requirement of Reformulyzer/ Gas Chromatography Details
8Requirement of Carbon and Sulphur Analyser Details
8Hiring of Consultancy Services for Redevelopment and production enhancement strategy for Ingoli Field Details
8Supply of Multizone Door Frame Metal Detectors and Hand Held Metal Detectors Details
8Procurement of Carbon and Alloy Steel End Caps Details
8Supply of LPG cylinders fitted with required fittings Details
8Providing Vehicles on Hire Services for proposed Pipeline at Project Locations Details
8Production and Supply of Compressed Bio Gas to Oil Marketing Companies Details
8Supply of API 600 Gate Valves Details
8Hiring of services for 3D Broadband seismic data acquisition in MB-OSHP-2017/1, C Series and GK-28/42 areas of Western offshore Details
8Hiring of services for miscellaneous Electrical works for LPG-II Cooling Tower during the augmentation of third cell Details
8Hiring of Natural Gas Compression Services Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Nayara Energy raises $750 million via offshore loan Details
8Three more CNG filling stations in Patna, Naubatpur by August Details
8Dharmendra Pradhan justifies hike in taxes on fuel Details
8China refiners curb fuel output after massive new plants stoke glut Details
8Bangladesh protests against gas price rise Details
8Crude oil prices drop as trade tensions stoke economy worries Details
8Squeezed by sanctions, Venezuela sells oil to tiny Turkish firm Details
8Russia's Transneft rebukes Rosneft over tainted crude oil crisis Details
8Iran accuses US of using crude oil sanctions to gain market clout Details
8Oil extends gains, supported by surprise US jobs report Details
8Turkey says second ship will begin drilling oil and gas off Cyprus Details
You can also click on Newsclips for more Details
8Project Name: KG-DWN-98/2 CPP and LQUP
8Project Cost: Rs 5189 crore.
8Project Description: ONGC has awarded the contract a Third Party Inspection Services for Rs 3.1 crore. In the meanwhile, TH Heavy Engineering Bhd, which has recently bagged sub contract from Afcons Infrastructure Ltd has started the procurement process. The work on the subcontract is scheduled to commence in August 2019, with completion on Dec 31, 2020. It is pertinent to mention here that TTHE is currently operating as a subsidiary of Bursa Malaysia.
Click here for more details Details
8Project Cost: Rs 5189 crore.
8Project Description: ONGC has awarded the contract a Third Party Inspection Services for Rs 3.1 crore. In the meanwhile, TH Heavy Engineering Bhd, which has recently bagged sub contract from Afcons Infrastructure Ltd has started the procurement process. The work on the subcontract is scheduled to commence in August 2019, with completion on Dec 31, 2020. It is pertinent to mention here that TTHE is currently operating as a subsidiary of Bursa Malaysia.
Click here for more details Details
Global warming mitigation proponents have come up with new research that says that methane, the chief component in natural gas, is responsible for 25% of global warming to date.
8At least 202 LNG terminal projects are in development worldwide, including 116 export terminals and 86 import terminals. Total outlay is a massive $1.3 trillion
8They reportedly present a threat as large as coal-based power projects, new research seems to point out
8Despite its price tag ($1.3 trillion) and its role in the climate crisis, the expansion of LNG infrastructure has received relatively little scrutiny in terms of stranded asset risk.
8But attention to stranded asset issues is rising due to increased cost pressure on natural gas by renewable alternatives.
Click on Reports for more Details
8At least 202 LNG terminal projects are in development worldwide, including 116 export terminals and 86 import terminals. Total outlay is a massive $1.3 trillion
8They reportedly present a threat as large as coal-based power projects, new research seems to point out
8Despite its price tag ($1.3 trillion) and its role in the climate crisis, the expansion of LNG infrastructure has received relatively little scrutiny in terms of stranded asset risk.
8But attention to stranded asset issues is rising due to increased cost pressure on natural gas by renewable alternatives.
Click on Reports for more Details
In the next five years, process system integration of electrolytic hydrogen-based ammonia plants with subsequent urea synthesis is expected to be completed.
8Within this period there will be vast improvements in performance of electrolytic hydrogen production
8Costs will come down too
8A whole range of innovative technologies are expected to follow suit, leading to wide spread production using the low cost, renewable route
Click on Reports for more Details
8Within this period there will be vast improvements in performance of electrolytic hydrogen production
8Costs will come down too
8A whole range of innovative technologies are expected to follow suit, leading to wide spread production using the low cost, renewable route
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Supply of Autosiever Details
8Hydraulic Winch with Skid Frame Details
8Procurement of Clamp On Ultrasonic Flowmeter for Natural Gas Details
8Operation and Maintenance of treated Effluent pumping Facility at APMC Yard Details
8Hiring of Truck mounted, Hydraulic operated, Telescopic boom, mobile cranes Details
8ARC for carrying out Stress Relieving Jobs Details
8Supply of Spiral Wound Gaskets Details
8Pre-project activities for BMRPL Project Details
8One time order for Refurbishment of VREP2 Cooling Tower Cell Details
8Installation and Commissioning of PMCC Panel Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Three more CNG filling stations in Patna, Naubatpur by August Details
8Dharmendra Pradhan justifies hike in taxes on fuel Details
8India's GSPC seeks spot LNG cargo for August delivery: Sources Details
8Budget 2019: Government increases customs and excise duty on crude oil to Rs 1 per tonne Details
8Oil extends gains, supported by surprise US jobs report Details
8German official says CO2 charge should benefit the poor Details
8Global crude oil prices rise on Iran tensions, OPEC output cuts Details
8Egypt hikes fuel prices by up to 22 per cent Details
8Brazil's Petrobras puts offshore gas fields, exploration bloc up for sale Details
You can also click on Newsclips for more Details
8Supply of Autosiever Details
8Hydraulic Winch with Skid Frame Details
8Procurement of Clamp On Ultrasonic Flowmeter for Natural Gas Details
8Operation and Maintenance of treated Effluent pumping Facility at APMC Yard Details
8Hiring of Truck mounted, Hydraulic operated, Telescopic boom, mobile cranes Details
8ARC for carrying out Stress Relieving Jobs Details
8Supply of Spiral Wound Gaskets Details
8Pre-project activities for BMRPL Project Details
8One time order for Refurbishment of VREP2 Cooling Tower Cell Details
8Installation and Commissioning of PMCC Panel Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Three more CNG filling stations in Patna, Naubatpur by August Details
8Dharmendra Pradhan justifies hike in taxes on fuel Details
8India's GSPC seeks spot LNG cargo for August delivery: Sources Details
8Budget 2019: Government increases customs and excise duty on crude oil to Rs 1 per tonne Details
8Oil extends gains, supported by surprise US jobs report Details
8German official says CO2 charge should benefit the poor Details
8Global crude oil prices rise on Iran tensions, OPEC output cuts Details
8Egypt hikes fuel prices by up to 22 per cent Details
8Brazil's Petrobras puts offshore gas fields, exploration bloc up for sale Details
You can also click on Newsclips for more Details
ONGC and OIL has invited bids for locks the Production Enhancement Contracts. 64 fields are on offer by ONGC and two by OIL
8Yet the three international service contractors, Schlumberger, Halliburton and Baker Hughes, from whom the two E&P major would be keen to get some good offers, do not seem all that excited about the PECs on offer.
8"We are more keen to work with Cairn, even through it is a bad pay master, than with ONGC and OIL," a representative from one of the service providers told this website.
8Find out why that is so
Click on Details for more Details
8Yet the three international service contractors, Schlumberger, Halliburton and Baker Hughes, from whom the two E&P major would be keen to get some good offers, do not seem all that excited about the PECs on offer.
8"We are more keen to work with Cairn, even through it is a bad pay master, than with ONGC and OIL," a representative from one of the service providers told this website.
8Find out why that is so
Click on Details for more Details
Under the quality cum cost criteria ONGC is not meant to make the inevitable comparison of the best offer with the previous purchase price
8But for the E&P giant, the habit of drawing up a price comparison is difficult to get rid of.
8This thinking process makes it more difficult to fully adopt the quality cum cost methodology by the E&P major
Click on Details to know more Details
8But for the E&P giant, the habit of drawing up a price comparison is difficult to get rid of.
8This thinking process makes it more difficult to fully adopt the quality cum cost methodology by the E&P major
Click on Details to know more Details
ONGC has decided to change the technical parameters for hiring F&GL type rigs, it is learned.
8In the future, to ensure higher level of competition, some parameters are to be relaxed
Click on Details for more
Details
8In the future, to ensure higher level of competition, some parameters are to be relaxed
Click on Details for more
Details
8Project Name: Ramanathapuram Onshore Field
8Project Cost: Rs 440 crore
8Project Description: Oil And Natural Gas Corporation Limited is about to start the drilling operations for the 22 oil and gas wells development drilling in Ramanathapuram PML Block. The civil works tenders for the drilling site preparation have been awarded and the job is expected to start by August. Drilling is proposed to be carried out using an ONGC owned E-760 drilling rig. The drilling rig will be mobilized by the end of next month.
Click here for more details, including key contacts Details
8Project Cost: Rs 440 crore
8Project Description: Oil And Natural Gas Corporation Limited is about to start the drilling operations for the 22 oil and gas wells development drilling in Ramanathapuram PML Block. The civil works tenders for the drilling site preparation have been awarded and the job is expected to start by August. Drilling is proposed to be carried out using an ONGC owned E-760 drilling rig. The drilling rig will be mobilized by the end of next month.
Click here for more details, including key contacts Details
8Project Name: Early Production System
8Project Description: The EIA consultant was hired more than six months ago, but environment clearance has not been sought till now
8The EIA report, however, is ready
8The project involves an EPS and an attendant pipeline stretch
Click here for more details Details
8Project Description: The EIA consultant was hired more than six months ago, but environment clearance has not been sought till now
8The EIA report, however, is ready
8The project involves an EPS and an attendant pipeline stretch
Click here for more details Details
PESB selects a winner from among a long list of interviewees for the post of the next director of marketing for HPCL
8The new inductee will replace S. Jeyakrishnan, who superannuated on June 20, 2019
Click on Details for more
Details
8The new inductee will replace S. Jeyakrishnan, who superannuated on June 20, 2019
Click on Details for more
Details
8Project Name: Onshore Terminal
8Project Cost: Rs 1151.76 crore
8Project Description: The Third Party Inspection Services contract for KG-DWN-98/2 Onshore Terminal has been awarded. Click on Details for the price and list of bidders.
In the meanwhile, construction of the greenfield Odalrevu Onshore oil & gas storage and processing terminal is moving as per schedule with the project.
8Project Event: RFP's for the long lead items are out from contractor's end.
Click here for more details Details
8Project Cost: Rs 1151.76 crore
8Project Description: The Third Party Inspection Services contract for KG-DWN-98/2 Onshore Terminal has been awarded. Click on Details for the price and list of bidders.
In the meanwhile, construction of the greenfield Odalrevu Onshore oil & gas storage and processing terminal is moving as per schedule with the project.
8Project Event: RFP's for the long lead items are out from contractor's end.
Click here for more details Details
8Project Name: Development Drilling
8Project Cost: Rs 850 crore
8Project Description: The 21 well development drilling plan has been put on hold. The project has not received the final go from the head office which in turn has resulted in the delay but an environment clearance proposal is expected to be submitted soon.
8Meanwhile, the process of hiring an EPC contractor for Sologuri Field Gas Gathering Station (FGGS) and the 90 km pipeline laying part is expected to begin soon. RFQ for the Rigs, Blow-Out Controller, Xmas Trees, Cementing, Wireline, Drill Collar etc is expected shortly.
Click here for more details Details
8Project Cost: Rs 850 crore
8Project Description: The 21 well development drilling plan has been put on hold. The project has not received the final go from the head office which in turn has resulted in the delay but an environment clearance proposal is expected to be submitted soon.
8Meanwhile, the process of hiring an EPC contractor for Sologuri Field Gas Gathering Station (FGGS) and the 90 km pipeline laying part is expected to begin soon. RFQ for the Rigs, Blow-Out Controller, Xmas Trees, Cementing, Wireline, Drill Collar etc is expected shortly.
Click here for more details Details
Ammonia-Urea Energy Saving Project
8Cost - Rs 250 Crore
8Project Event: The Expression Of Interest for process licensor is likely to be re-released in August in place of July 2019 due to lack of bidder
Click here for more details (Access through www.indianfertilizer.com) Details
8Cost - Rs 250 Crore
8Project Event: The Expression Of Interest for process licensor is likely to be re-released in August in place of July 2019 due to lack of bidder
Click here for more details (Access through www.indianfertilizer.com) Details
DAP/NPK Greenfield Project
8Cost - Rs 300 Crore
8Project Event: The Techno-Economic Feasibility Report consultant has been appointed. Based on the feasibility report, future action shall be planned. The RFQ for the EPC contractor is likely to be released in August 2019
Click here for more detail (Link available only through www.indianfertilizer.com) Details
8Cost - Rs 300 Crore
8Project Event: The Techno-Economic Feasibility Report consultant has been appointed. Based on the feasibility report, future action shall be planned. The RFQ for the EPC contractor is likely to be released in August 2019
Click here for more detail (Link available only through www.indianfertilizer.com) Details
For reference purposes the website carries here the following Budget Newsclips:
8Budget 2019: Customs duty on 75 items hiked, tariff gold raised first time in 6 years Details
8Budget 2019: Petrol, diesel price back to square one Details
8Budget announcement on foreign borrowings very positive for bond markets: S Naren Details
8Union Budget 2018-19 is an investment friendly Budget: Pankaj Pandey Details
8Finance Minister Sitharaman's Budget increases taxes on petrol and diesel Details
8Budget 2019 analysis: Here's what 5 key sectors expected and what they got Details
8Budget 2019: Clean cooking fuel and electricity for all by 2022, assures FM Sitharaman Details
8Budget 2019: Petrol, diesel prices to rise by Rs 2 per litre as govt increase excise duty and cess Details
8Budget 2019: Blueprint for national gas grid, water grid will be unveiled Details
You can also click on Newsclips for more Details
8Budget 2019: Customs duty on 75 items hiked, tariff gold raised first time in 6 years Details
8Budget 2019: Petrol, diesel price back to square one Details
8Budget announcement on foreign borrowings very positive for bond markets: S Naren Details
8Union Budget 2018-19 is an investment friendly Budget: Pankaj Pandey Details
8Finance Minister Sitharaman's Budget increases taxes on petrol and diesel Details
8Budget 2019 analysis: Here's what 5 key sectors expected and what they got Details
8Budget 2019: Clean cooking fuel and electricity for all by 2022, assures FM Sitharaman Details
8Budget 2019: Petrol, diesel prices to rise by Rs 2 per litre as govt increase excise duty and cess Details
8Budget 2019: Blueprint for national gas grid, water grid will be unveiled Details
You can also click on Newsclips for more Details
For reference purposes the website carries here the following tenders:
8HDD Works and Associated Works for BGPL Project Details
8PMC Services for Installation of GTC Details
8Supply of Double Stage Regulators for Carrier & Calibration Gas Cylinders used in Online Gas Chromatograph Details
8Service Contract for Process Chemical Treatment In GCU 1 Plant Details
8Civil Works Jobs at Existing or New Retail Outlets in Kashmir Valley Details
8Supply of U Tubes Details
8Invitation to bid for purchase of GSPC O&G inventory at Bavala Warehouse Details
8Appointment of C&F operator cum secondary transporter at lubes depot at Verna, Goa for five years Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Budget 2019: ICRA hopes rationalisation of subsidy under NBS scheme Details
8Oil minister Pradhan invites Russian companies to invest in Indian gas infrastructure Details
8ONGC's work not curtailed due to shortage of funds: Pradhan Details
8Budget 2019: Oil could come to the rescue of Modi government again, predicts Economic Survey Details
8Govt mulling ban on petrol, CNG two- and three-wheelers: Gadkari Details
8Assam CM Sarbananda Sonowal urges Dharmendra Pradhan to develop state as hydrocarbon hub Details
8Ujjwala Yojana key task for the government: Economic Survey 2019 Details
8INNOVATION: IIT researchers find "solution" for menace of oil spills Details
8Energean to buy Edison's oil and natural gas unit for $750 million Details
8China starts building middle part of East China-Russia gas pipeline Details
8Crude oil futures bounce 0.81% on weak global cues Details
8Belarus Naftan refinery starts loading clean Russian oil Details
8Iraq, Oman plan cooperation in oil and gas sector Details
8Gazprom signs 5-year natural gas contract with Turkmenistan Details
8China aims to launch low-sulphur bunker fuel oil futures in 2019 Details
You can also click on Newsclips for more Details
8HDD Works and Associated Works for BGPL Project Details
8PMC Services for Installation of GTC Details
8Supply of Double Stage Regulators for Carrier & Calibration Gas Cylinders used in Online Gas Chromatograph Details
8Service Contract for Process Chemical Treatment In GCU 1 Plant Details
8Civil Works Jobs at Existing or New Retail Outlets in Kashmir Valley Details
8Supply of U Tubes Details
8Invitation to bid for purchase of GSPC O&G inventory at Bavala Warehouse Details
8Appointment of C&F operator cum secondary transporter at lubes depot at Verna, Goa for five years Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Budget 2019: ICRA hopes rationalisation of subsidy under NBS scheme Details
8Oil minister Pradhan invites Russian companies to invest in Indian gas infrastructure Details
8ONGC's work not curtailed due to shortage of funds: Pradhan Details
8Budget 2019: Oil could come to the rescue of Modi government again, predicts Economic Survey Details
8Govt mulling ban on petrol, CNG two- and three-wheelers: Gadkari Details
8Assam CM Sarbananda Sonowal urges Dharmendra Pradhan to develop state as hydrocarbon hub Details
8Ujjwala Yojana key task for the government: Economic Survey 2019 Details
8INNOVATION: IIT researchers find "solution" for menace of oil spills Details
8Energean to buy Edison's oil and natural gas unit for $750 million Details
8China starts building middle part of East China-Russia gas pipeline Details
8Crude oil futures bounce 0.81% on weak global cues Details
8Belarus Naftan refinery starts loading clean Russian oil Details
8Iraq, Oman plan cooperation in oil and gas sector Details
8Gazprom signs 5-year natural gas contract with Turkmenistan Details
8China aims to launch low-sulphur bunker fuel oil futures in 2019 Details
You can also click on Newsclips for more Details
8Rates in the crude carriers market came under pressure last week, with the upward momentum in the Middle East stalling despite the fact that tension in the region has yet to be resolved. The period market remained busy at the same time, with both short-term and longer-term contracts being fixed at significant premiums over spot levels. Click on Reports for more.
8A new CNG player using biofuels is in town, know more click on Reports .
8Benchmark complex refining margins may remain weak led by low crude differentials, it seems. Click on Reports for more.
8China has opened up its E&P business to 100% foreign ownership. City gas distribution too has been opened up to foreign companies. Click on Reports for more.
8A world beyond 1.5°C would commit Indian coast lines to more than 2m of sea level rise. Click on Reports for more. Details
8A new CNG player using biofuels is in town, know more click on Reports .
8Benchmark complex refining margins may remain weak led by low crude differentials, it seems. Click on Reports for more.
8China has opened up its E&P business to 100% foreign ownership. City gas distribution too has been opened up to foreign companies. Click on Reports for more.
8A world beyond 1.5°C would commit Indian coast lines to more than 2m of sea level rise. Click on Reports for more. Details
The fall in LNG prices may get India's latest gas based capacity restarted
8Latest data seems to suggest that gas based power at lower prevailing spot rates can be in fact be cheaper than coal based power, without any subsidy.
8With subsidy, and if taxes are rationalized, all of the stranded capacity can get activated
8If gas based power plants go into production, there can be a big increase in gas offtake in India
Click on Reports to know how the arithmetic works out Details
8Latest data seems to suggest that gas based power at lower prevailing spot rates can be in fact be cheaper than coal based power, without any subsidy.
8With subsidy, and if taxes are rationalized, all of the stranded capacity can get activated
8If gas based power plants go into production, there can be a big increase in gas offtake in India
Click on Reports to know how the arithmetic works out Details
Is ONGC going to stick to the timelines for first gas from the KG-DWN-98/2 field by December, 2019?
8ONGC was planning a flow of around 1 mmscmd of gas, going up to 1.5 mmscmd, from one well in the block beginning December.
8The plan is that commissioning of wells will be phased over time until the processing platform is in place when production can fully ramped up.
8What has been the progress so far?
Click on Details for more Details
8ONGC was planning a flow of around 1 mmscmd of gas, going up to 1.5 mmscmd, from one well in the block beginning December.
8The plan is that commissioning of wells will be phased over time until the processing platform is in place when production can fully ramped up.
8What has been the progress so far?
Click on Details for more Details
Are there any big orders left in the KG Basin, now that LOIs have been placed for all the ONGC and RIL-BP developments?
8The website has learned that another field development project may loom ahead from the RIL-BP stable.
8This will eventually translate into an order for an FPSO and attendant sub sea crude production systems.. To be noted is that RIL has completed the orders for the MJ-1 discovery recently.
Click on Details for more Details
8The website has learned that another field development project may loom ahead from the RIL-BP stable.
8This will eventually translate into an order for an FPSO and attendant sub sea crude production systems.. To be noted is that RIL has completed the orders for the MJ-1 discovery recently.
Click on Details for more Details
Megha Engineering and Infrastructure Limited (MEIL) has successfully commissioned mechanical equipment and other related jobs in the Nagayalanka development drilling project, undertaken under an ONGC-operated JV.
8Around 0.13 mmscmd of gas from the field is being supplied to neighboring areas, it is learned
8More RFQs are expected for Xmas Trees, Well Manifolds, DG Sets, Compressor, HSD, Oil field chemicals
Click here for more details Details
8Around 0.13 mmscmd of gas from the field is being supplied to neighboring areas, it is learned
8More RFQs are expected for Xmas Trees, Well Manifolds, DG Sets, Compressor, HSD, Oil field chemicals
Click here for more details Details
Prabha Energy Pvt Ltd, the operator of the North Karanpur CBM block has been hard at work in the field
8Contracts are being given out
8And more contracts are coming out, going ahead
8An integrated drilling services contract for the block has been signed with the Deep Industries Limited. There is also a contract in place with Aakash Exploration services for the supply of equipment and services for the block.
Click here for more details Details
8Contracts are being given out
8And more contracts are coming out, going ahead
8An integrated drilling services contract for the block has been signed with the Deep Industries Limited. There is also a contract in place with Aakash Exploration services for the supply of equipment and services for the block.
Click here for more details Details
ONGC has decided to work on a vendor rating system that may see some vendors being booted out of the vendor's list
8Work is on within ONGC on a rating system
8"It is likely to be in place within the next three months," ONGC sources told this website
8The roll out will be in limited areas to begin with but will eventually cover all vendor contracts.
Click on Details for more Details
8Work is on within ONGC on a rating system
8"It is likely to be in place within the next three months," ONGC sources told this website
8The roll out will be in limited areas to begin with but will eventually cover all vendor contracts.
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Procurement of Pipes & Fittings Details
8Hiring of services of TSDF facility for disposal of sludge generated in various ETPs of Mehsana Asset Details
8Procurement of 97000 Ltrs. Xylol and 83000 Ltrs. Toluene Details
8Hiring of Services for O&M contract of HVAC system of ONGC Rigs Details
8Hiring of Job contract services for operation & Maintenance of Wireline Winch and Mobile Air compressor of Well Services Details
8Annual Rate Contract for Third Party Inspection at Vendor's Workshop for 3 years Details
8ECT of surface condenser tubes in CPP Details
8ARC for Stack Emission Monitoring, Ambient Air Quality Monitoring and Effluent Analysis at refinery Details
8Procurement of Potassium Hydroxide Details
8Ebullated Bed RHC Pilot Plant Details
8Supply of ARC Unit Details
8Supply of Booster Compressors for CGD Project Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8City Gas companies may face de-rating if marketing exclusivity ends Details
8Indian Oil lines up projects totalling Rs 8,520 cr in TN Details
8Indian Oil to expand Asanur facilities, boost LPG capacities Details
8Irumpanam: Oil tanker owners to go on indefinite strike Details
8CNG price in Delhi hiked by 90 paise, 7th increase since April'18 Details
8Softening gas prices credit positive for urea sector: Report Details
8Oil India wants to exit Russian project: Oil minister Details
8Government neither divesting nor privatising ONGC: Dharmendra Pradhan Details
8Regulator rejects GAIL’s plea for recovery Details
8Vedanta to invest $245 mn in 10 oil, gas blocks Details
8TN not to permit any hydrocarbon exploration in state Details
8Himachal Pradesh’s draft fuel policy restricts use of petcoke, bans furnace oil Details
8Railways owes over Rs 1,000 cr in diesel bills: Piyush Goyal Details
8GAIL commissions gas pipeline to Gorakhpur Details
8Cash-strapped Northern Territory eyes gas reserves to beat debt Details
8British firm to explore for oil in imports-dependent Jordan Details
8Venezuela to blend domestic, imported oil to keep exports afloat: Oil minister Details
8Energean takes lead in race to buy Edison's oil and gas unit: Sources Details
8Bahrain's oil and gas authority signs MOU with Baker Hughes on oil and gas cooperation Details
8Dutch govt must explain how it will end Groningen gas extraction Details
8InterGen's UK $126 mn Spalding extension gas power plant starts operation Details
8Oil explorers likely to outperform marketing firms on the bourses Details
8OPEC, non-OPEC members decide on extending production cuts up to March 2020 Details
You can also click on Newsclips for more Details
8Procurement of Pipes & Fittings Details
8Hiring of services of TSDF facility for disposal of sludge generated in various ETPs of Mehsana Asset Details
8Procurement of 97000 Ltrs. Xylol and 83000 Ltrs. Toluene Details
8Hiring of Services for O&M contract of HVAC system of ONGC Rigs Details
8Hiring of Job contract services for operation & Maintenance of Wireline Winch and Mobile Air compressor of Well Services Details
8Annual Rate Contract for Third Party Inspection at Vendor's Workshop for 3 years Details
8ECT of surface condenser tubes in CPP Details
8ARC for Stack Emission Monitoring, Ambient Air Quality Monitoring and Effluent Analysis at refinery Details
8Procurement of Potassium Hydroxide Details
8Ebullated Bed RHC Pilot Plant Details
8Supply of ARC Unit Details
8Supply of Booster Compressors for CGD Project Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8City Gas companies may face de-rating if marketing exclusivity ends Details
8Indian Oil lines up projects totalling Rs 8,520 cr in TN Details
8Indian Oil to expand Asanur facilities, boost LPG capacities Details
8Irumpanam: Oil tanker owners to go on indefinite strike Details
8CNG price in Delhi hiked by 90 paise, 7th increase since April'18 Details
8Softening gas prices credit positive for urea sector: Report Details
8Oil India wants to exit Russian project: Oil minister Details
8Government neither divesting nor privatising ONGC: Dharmendra Pradhan Details
8Regulator rejects GAIL’s plea for recovery Details
8Vedanta to invest $245 mn in 10 oil, gas blocks Details
8TN not to permit any hydrocarbon exploration in state Details
8Himachal Pradesh’s draft fuel policy restricts use of petcoke, bans furnace oil Details
8Railways owes over Rs 1,000 cr in diesel bills: Piyush Goyal Details
8GAIL commissions gas pipeline to Gorakhpur Details
8Cash-strapped Northern Territory eyes gas reserves to beat debt Details
8British firm to explore for oil in imports-dependent Jordan Details
8Venezuela to blend domestic, imported oil to keep exports afloat: Oil minister Details
8Energean takes lead in race to buy Edison's oil and gas unit: Sources Details
8Bahrain's oil and gas authority signs MOU with Baker Hughes on oil and gas cooperation Details
8Dutch govt must explain how it will end Groningen gas extraction Details
8InterGen's UK $126 mn Spalding extension gas power plant starts operation Details
8Oil explorers likely to outperform marketing firms on the bourses Details
8OPEC, non-OPEC members decide on extending production cuts up to March 2020 Details
You can also click on Newsclips for more Details
8Indian rig count declined by 1 to reach 120 in May 2019. On Y-O-Y basis, Indian rig count was up by 5.26 % in 2019 as compared to 2018. 99 drilling rigs were deployed in oil fields and the rest 21 drillings rigs were deployed in gas fields. Click on Reports for more.
8What are the budget expectations of the Indian oil & gas sector? Click on Reports for more.
8A turnkey engineering consultancy and projects company is up for sale. Any takers? Click on Reports for more.
8PLNG plans to add a two-storage tank (estimated capex of ~$200 million) and jetty (estimates ~$160 million) at its Dahej terminal over the next three years, which would take capacity at Dahej terminal to 19.5 mtpa.Tendering for the award of contract for storage tanks and jetty would be done by mid-FY2020. Meanwhile, Kochi terminal will hit 30% capacity utilization by next year. Click on Reports for more.
8OIL and Vedanta walk away with most OALP-II and III blocks. RIL-BP bags one. Get the list here click on Reports. Details
8What are the budget expectations of the Indian oil & gas sector? Click on Reports for more.
8A turnkey engineering consultancy and projects company is up for sale. Any takers? Click on Reports for more.
8PLNG plans to add a two-storage tank (estimated capex of ~$200 million) and jetty (estimates ~$160 million) at its Dahej terminal over the next three years, which would take capacity at Dahej terminal to 19.5 mtpa.Tendering for the award of contract for storage tanks and jetty would be done by mid-FY2020. Meanwhile, Kochi terminal will hit 30% capacity utilization by next year. Click on Reports for more.
8OIL and Vedanta walk away with most OALP-II and III blocks. RIL-BP bags one. Get the list here click on Reports. Details
Bangladesh is in turmoil after the government decided to impose what is the biggest ever hike in gas prices in the history of the world.
8The price hike has been affected to mitigate losses incurred by the increasing cost of LNG imports.
8Even after the price hike, subsidies willl still be needed for 23% of the cost of gas
8The price hike and the subsequent turmoil amongst political parties and industry again highlights the dangers inherent in the import of LNG into countries that essentially cannot afford such high cost of gas
Click on Reports for more Details
8The price hike has been affected to mitigate losses incurred by the increasing cost of LNG imports.
8Even after the price hike, subsidies willl still be needed for 23% of the cost of gas
8The price hike and the subsequent turmoil amongst political parties and industry again highlights the dangers inherent in the import of LNG into countries that essentially cannot afford such high cost of gas
Click on Reports for more Details
Even a very conservative estimate of meeting only 5% blending of biodiesel would generate 1.59 million sustainable entrepreneurs of which 1.58 million would be engaged in plantation, 8.46 thousand would in trading and another 2.49 thousand as small-sized entrepreneurs in biodiesel manufacturing.
8In sum, the biodiesel programme has an enormous potential of sustainable entrepreneurship development meeting all the three objectives of economic growth, social equity and environmental sustainability.
8But there are significant risks that the government should try and mitigate, including declaring minimum support price for a range of biofuel feedstock for a reasonable period in advance so that the rural poor look at biofuels as another crop to plant
Click on Reports for more Details
8In sum, the biodiesel programme has an enormous potential of sustainable entrepreneurship development meeting all the three objectives of economic growth, social equity and environmental sustainability.
8But there are significant risks that the government should try and mitigate, including declaring minimum support price for a range of biofuel feedstock for a reasonable period in advance so that the rural poor look at biofuels as another crop to plant
Click on Reports for more Details
Ammonia Brownfield Project
8Cost - Rs 250 crore
8Project Event: The project is in the initial phase and internal discussion is ongoing, RFQ for the process licensor is likely to be released in August 2019. The proposal for the environmental clearance is likely to be submitted in July 2019.
Click here for more details, including key contacts and full project profile (This link is available through www.indianfertilizer.com) Details
8Cost - Rs 250 crore
8Project Event: The project is in the initial phase and internal discussion is ongoing, RFQ for the process licensor is likely to be released in August 2019. The proposal for the environmental clearance is likely to be submitted in July 2019.
Click here for more details, including key contacts and full project profile (This link is available through www.indianfertilizer.com) Details
8Cost - Rs 2000 crore
8Project Event: The owner is a non-urea player but with solid financial background. The project has elicited the terms of reference from the environment ministry but project activities will start by the end of July 2019. The proposal for environmental clearance is likely to be submitted in July 2019, subsequent to which the contracting process will begin..
Click here for more details, including key top level contacts, project updates and facility profile. (Available through indianfertilizer.com) Details
8Project Event: The owner is a non-urea player but with solid financial background. The project has elicited the terms of reference from the environment ministry but project activities will start by the end of July 2019. The proposal for environmental clearance is likely to be submitted in July 2019, subsequent to which the contracting process will begin..
Click here for more details, including key top level contacts, project updates and facility profile. (Available through indianfertilizer.com) Details
India is no doubt an extremely price sensitive market for gas.
8Researchers have claimed that India's affordability price for LNG is in the $5-7/mmbtu range, below the average cost of production of LNG globally.
8Data from the ground seems to prove that this may in fact be the case
Click on Details for more Details
8Researchers have claimed that India's affordability price for LNG is in the $5-7/mmbtu range, below the average cost of production of LNG globally.
8Data from the ground seems to prove that this may in fact be the case
Click on Details for more Details
8Project Name: Solar Block Integration
8Project Cost: Rs 50 crore
8Project Description: Oil and Natural Gas Corporation Limited has put the RFQs for Kadi Solar Heating System Installation project on hold. As per the sources, no RFQs will be issued until final approvals are received from the head office. The project will involve solar energy for heating well fluid to supplement conventional fuel requirement for heating applications at Bath Heater (BH) and Heater Treater. Moreover, the project will involve the integration of the GGS Kadi with the Solar Block using the heat exchanger mechanism for transfer of heat. Till now this technology has not been implemented in India. EIL (Engineers India Limited) has already been appointed as PMC for the project. Pre-feasibility studies for the project have been completed.
8Project Event: RFQs are on hold.
Click here for more details Details
8Project Cost: Rs 50 crore
8Project Description: Oil and Natural Gas Corporation Limited has put the RFQs for Kadi Solar Heating System Installation project on hold. As per the sources, no RFQs will be issued until final approvals are received from the head office. The project will involve solar energy for heating well fluid to supplement conventional fuel requirement for heating applications at Bath Heater (BH) and Heater Treater. Moreover, the project will involve the integration of the GGS Kadi with the Solar Block using the heat exchanger mechanism for transfer of heat. Till now this technology has not been implemented in India. EIL (Engineers India Limited) has already been appointed as PMC for the project. Pre-feasibility studies for the project have been completed.
8Project Event: RFQs are on hold.
Click here for more details Details
8Project Name: Block Exploration
8Project Cost: Rs 500 crore
8Project Description: An EIA consultant was selected at a bid price of Rs 36.50 lakh for two OALP blocks. ABC Technolabs emerged as the L-2 bidder. LOI for seismic services will be awarded in in August, 2019. Oil India plans to carry out a 2D and 3D seismic survey of the block in Q3 2019. Exploratory drilling operations will start subsequently. Further RFQs are expected shortly.
8Project Event: RFQ for hiring consultant for data acquisition and analysis is expected by August 2019
Click here for more details Details
8Project Cost: Rs 500 crore
8Project Description: An EIA consultant was selected at a bid price of Rs 36.50 lakh for two OALP blocks. ABC Technolabs emerged as the L-2 bidder. LOI for seismic services will be awarded in in August, 2019. Oil India plans to carry out a 2D and 3D seismic survey of the block in Q3 2019. Exploratory drilling operations will start subsequently. Further RFQs are expected shortly.
8Project Event: RFQ for hiring consultant for data acquisition and analysis is expected by August 2019
Click here for more details Details
8Project Name: Early Production System
8Project Cost: Rs 250 crore.
8Project Description: Oil and Natural Gas Corporation Limited has finally floated an EOI for the hiring of an EPC contractor for the construction of Skid mounted Bhimavaram Early Production System (EPS) along with a 3 year O&M contract. In the meanwhile, EC related issues have now been finally sorted out. RFQs for the hiring of an EPC contractor for laying of an 8'' x 47 km pipeline to connect the new EPS to the Lingala GGS will be floated at a later stage. The proposed facilities in this project are HP Separator Skid, CO2, and Moisture Removal Skid, Dew Point Depression Skid, N2 Based Skid, Produced Water Storage and Bay Facilities and Other Utilities and Offsites. The equipment requirement will be Gas Turbine, Air Compressor, Storage tanks, Well Head, Water Injection Well, Flare Stack, Gas pipeline.
8Project Event: RFQ for hiring an EPC contractor for pipeline installation is expected by November 2019.
Click here for more details Details
8Project Cost: Rs 250 crore.
8Project Description: Oil and Natural Gas Corporation Limited has finally floated an EOI for the hiring of an EPC contractor for the construction of Skid mounted Bhimavaram Early Production System (EPS) along with a 3 year O&M contract. In the meanwhile, EC related issues have now been finally sorted out. RFQs for the hiring of an EPC contractor for laying of an 8'' x 47 km pipeline to connect the new EPS to the Lingala GGS will be floated at a later stage. The proposed facilities in this project are HP Separator Skid, CO2, and Moisture Removal Skid, Dew Point Depression Skid, N2 Based Skid, Produced Water Storage and Bay Facilities and Other Utilities and Offsites. The equipment requirement will be Gas Turbine, Air Compressor, Storage tanks, Well Head, Water Injection Well, Flare Stack, Gas pipeline.
8Project Event: RFQ for hiring an EPC contractor for pipeline installation is expected by November 2019.
Click here for more details Details
Who is going to be the next IOC chairman, when the Sanjiv Singh retires on July 1, 2020?
8The choice, it seems, is limited
Click on Details for more Details
8The choice, it seems, is limited
Click on Details for more Details
What are the real contours of the deal that the Adanis are working out with Total?
8It is turning out to be much bigger than was thought earlier.
Click on Details for more Details
8It is turning out to be much bigger than was thought earlier.
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Procurement of 4 High End Workstations and 1 Storage Details
8Procurement of 21.30 MT Molecular Sieves Type-4A for Gas Dryer Details
8Procurement of 1500 MT of Butene Details
8Procurement of Multifunction Calibrators for Mumbai Region Details
8Supply of Metering Skids Details
8Hiring of Services for 2D Seismic Data Acquisition and Processing of 2500 GLKM Details
8Procurement of Pneumatic Pressure Controller Details
8Supply of Infrared Camera for Optical Gas Imaging for detection of Natural Gas leakages along with Software for Analysis of findings Details
8Replacement of High pressure SS flange and minor internal & external repairs of columns and vessels at Hydrocracker block Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Hindustan Oil Exploration to acquire Hardy Exploration and Production Details
8Hydrocarbon extraction in Cauvery basin areas not economically viable, says DMK member Details
8Gail India issues tender to sell and buy LNG Details
8HC appoints ex-judge as mediator; prevents LPG strike Details
8ONGC, Indian Oil join hands to reduce carbon emission, enhance oil recovery Details
8Oil India, Vedanta, ONGC win big under India’s OALP-II & III Details
8Natural gas boom on 'collison course' with climate goals Details
8Saudis dig in for shale fight as Opec+ extends cuts into 2020 Details
8Montana governor, 2020 hopeful open to Keystone XL pipeline Details
8Saudi Aramco to restart preparations for its ‘$100 billion’ IPO Details
8India's IOC close to deal for Panama-flagged vessel as Indian vessels fail to match Details
8Crude oil prices up on global cues Details
8OPEC and allies set to extend oil supply cuts, prop up prices Details
8Climate campaigners 'greatest threat' to oil sector: OPEC Details
You can also click on Newsclips for more Details
8Procurement of 4 High End Workstations and 1 Storage Details
8Procurement of 21.30 MT Molecular Sieves Type-4A for Gas Dryer Details
8Procurement of 1500 MT of Butene Details
8Procurement of Multifunction Calibrators for Mumbai Region Details
8Supply of Metering Skids Details
8Hiring of Services for 2D Seismic Data Acquisition and Processing of 2500 GLKM Details
8Procurement of Pneumatic Pressure Controller Details
8Supply of Infrared Camera for Optical Gas Imaging for detection of Natural Gas leakages along with Software for Analysis of findings Details
8Replacement of High pressure SS flange and minor internal & external repairs of columns and vessels at Hydrocracker block Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Hindustan Oil Exploration to acquire Hardy Exploration and Production Details
8Hydrocarbon extraction in Cauvery basin areas not economically viable, says DMK member Details
8Gail India issues tender to sell and buy LNG Details
8HC appoints ex-judge as mediator; prevents LPG strike Details
8ONGC, Indian Oil join hands to reduce carbon emission, enhance oil recovery Details
8Oil India, Vedanta, ONGC win big under India’s OALP-II & III Details
8Natural gas boom on 'collison course' with climate goals Details
8Saudis dig in for shale fight as Opec+ extends cuts into 2020 Details
8Montana governor, 2020 hopeful open to Keystone XL pipeline Details
8Saudi Aramco to restart preparations for its ‘$100 billion’ IPO Details
8India's IOC close to deal for Panama-flagged vessel as Indian vessels fail to match Details
8Crude oil prices up on global cues Details
8OPEC and allies set to extend oil supply cuts, prop up prices Details
8Climate campaigners 'greatest threat' to oil sector: OPEC Details
You can also click on Newsclips for more Details
The government is doling out a very positive picture of how many poor people are coming back for LNG refills.
8The figure seems to have gone up rather dramatically.
8There is an increasingly acknowledgement in government circles that a refill is dependent on a whole lot of parameters and these include food habits, cooking habits, availability and accessibility to LPG, price of LPG as well as free availability of firewood and cow dung
8It looks like there is a better grip on the issues involved and how to deal with them, resulting in a higher percentage of refill
Electric cooking: LPG vs. electricity debate to hot up in India
8Even as the government drives LPG into the remote corners of India, a move is gaining ground toward using electricity for cooking
8Thermal efficiency is much higher, the cost of cooking is lower, besides being less polluting, depending upon the source of electricity
8Increasingly, clean decentralized electricity vs. LPG will be a subject of debate in India
Click on Reports for more Details
8The figure seems to have gone up rather dramatically.
8There is an increasingly acknowledgement in government circles that a refill is dependent on a whole lot of parameters and these include food habits, cooking habits, availability and accessibility to LPG, price of LPG as well as free availability of firewood and cow dung
8It looks like there is a better grip on the issues involved and how to deal with them, resulting in a higher percentage of refill
Electric cooking: LPG vs. electricity debate to hot up in India
8Even as the government drives LPG into the remote corners of India, a move is gaining ground toward using electricity for cooking
8Thermal efficiency is much higher, the cost of cooking is lower, besides being less polluting, depending upon the source of electricity
8Increasingly, clean decentralized electricity vs. LPG will be a subject of debate in India
Click on Reports for more Details
In the Mumbai High Pipeline Replacement Phase-6 project, the L-1 bidder quoted $40 million lower than the L-2 bidder, in this case, L&T.
8This has raised speculation in the market that the L-1 bidder may have underquoted for the tender
8The L-3 bidder's price was a whopping $ 84 million higher than the L-1 bidder
Click on Details for more Details
8This has raised speculation in the market that the L-1 bidder may have underquoted for the tender
8The L-3 bidder's price was a whopping $ 84 million higher than the L-1 bidder
Click on Details for more Details
8Project Name: Oilfield Development
8Project Cost: Rs 100 crore
8Project Description: Both Schlumberger and Baker Hughes are both involved in this JV block. The project will also involve the laying of pipeline network so as to connect the wells with the nearest production facility. The drilling for the project is expected to start by Q3 end 2019 and may continue up to Q3 2019.
Click here for more details, including key contacts Details
8Project Cost: Rs 100 crore
8Project Description: Both Schlumberger and Baker Hughes are both involved in this JV block. The project will also involve the laying of pipeline network so as to connect the wells with the nearest production facility. The drilling for the project is expected to start by Q3 end 2019 and may continue up to Q3 2019.
Click here for more details, including key contacts Details
It is now established that the goal of decarbonization and maintaining high returns within the existing set of technologies and business models is not feasible for an oil and gas company anymore.
8Thus investment in new technologies, particularly in low-carbon energy technologies has become imperative as global warming reaches a feverish pitch.
8But oil companies need scale and return of a kind which is incompatible with the diffused and disaggregated business models for new technologies.
8So where does an oil & gas company go from here given the dramatic nature of the energy transition ahead? Should it just try to stay put, improving efficiencies through economies of scale and digitization, or should it venture into the uncertain world outside and explore dramatically new business models.
8In a path-breaking paper, a research agency outlines how an oil & gas company needs to look at the future, what kind of technologies it can invest in, and what kind of returns it can expect.
Click on Reports for more Details
8Thus investment in new technologies, particularly in low-carbon energy technologies has become imperative as global warming reaches a feverish pitch.
8But oil companies need scale and return of a kind which is incompatible with the diffused and disaggregated business models for new technologies.
8So where does an oil & gas company go from here given the dramatic nature of the energy transition ahead? Should it just try to stay put, improving efficiencies through economies of scale and digitization, or should it venture into the uncertain world outside and explore dramatically new business models.
8In a path-breaking paper, a research agency outlines how an oil & gas company needs to look at the future, what kind of technologies it can invest in, and what kind of returns it can expect.
Click on Reports for more Details
A $40 million ONGC tender for 26 cementing units seems to have got mired in a lot of controversy.
8Accusations were flying thick and fast in a pre-bid meeting. Those who designed the Bid Evaluation Criteria (BEC) were accused of favouring just a clutch of cementing services companies to the exclusion of others.
8One qualification criterion outlines only three specific slurry mixing systems for the cementing units, that they should either be of an "RCM IIIR" or a "PSM" or a "SLURRY Chief MARK-III" variety. ONGC will not permit any other equivalent, proven and experienced manufacturer mixing system to be offered. But the point to note is that these systems are in fact trademarks of the just a clutch of three service companies. "ONGC might as well have issued a limited tender to all three of them," said a representative of a US-based cementing unit manufacturer.
8Then again, the group that had formulated the Bid Evaluation Criteria seemed to have been keen to get a cementing service provider rather than a cementing unit manufacturer. This is evident from the fact that there are two different sets of experience criteria applicable to qualify as an AMC provider in the tender. If you are a manufacturer, you would need to show an AMC contract with a pre-selected group of E&P service providers or operators.
8But you if it is a cementing service company and also a manufacturer of cementing units, the AMC precondition is waived, and all that it needs to qualify is the experience of providing a service contract for a minimum of three years out of 10 years to a pre-selected group of E&P operators or drilling companies. Providing cementing services against providing AMCs against the supplied units are two different experiences. It seems service companies who are manufacturers of cementing units are unfairly exempted from the AMC experience requirement.
Click on Reports for more Details
8Accusations were flying thick and fast in a pre-bid meeting. Those who designed the Bid Evaluation Criteria (BEC) were accused of favouring just a clutch of cementing services companies to the exclusion of others.
8One qualification criterion outlines only three specific slurry mixing systems for the cementing units, that they should either be of an "RCM IIIR" or a "PSM" or a "SLURRY Chief MARK-III" variety. ONGC will not permit any other equivalent, proven and experienced manufacturer mixing system to be offered. But the point to note is that these systems are in fact trademarks of the just a clutch of three service companies. "ONGC might as well have issued a limited tender to all three of them," said a representative of a US-based cementing unit manufacturer.
8Then again, the group that had formulated the Bid Evaluation Criteria seemed to have been keen to get a cementing service provider rather than a cementing unit manufacturer. This is evident from the fact that there are two different sets of experience criteria applicable to qualify as an AMC provider in the tender. If you are a manufacturer, you would need to show an AMC contract with a pre-selected group of E&P service providers or operators.
8But you if it is a cementing service company and also a manufacturer of cementing units, the AMC precondition is waived, and all that it needs to qualify is the experience of providing a service contract for a minimum of three years out of 10 years to a pre-selected group of E&P operators or drilling companies. Providing cementing services against providing AMCs against the supplied units are two different experiences. It seems service companies who are manufacturers of cementing units are unfairly exempted from the AMC experience requirement.
Click on Reports for more Details
Process Air Compressor Greenfield Project
8Cost - Rs 347 crore
8Project Event: NIT for LSTK contractor has been released, evaluation is ongoing, finalization is due at the end of July 2019.
Click here for more details
Phosphoric Acid Expansion Project
8Cost - Rs 100 crore
8Project Event: The project is in the pre-commissioning stage, all the erection & Installation work has been completed. Commissioning is likely by end of July 2019.
Click here for more details
(Links available only through www.indianfertilizer.com) Details
8Cost - Rs 347 crore
8Project Event: NIT for LSTK contractor has been released, evaluation is ongoing, finalization is due at the end of July 2019.
Click here for more details
Phosphoric Acid Expansion Project
8Cost - Rs 100 crore
8Project Event: The project is in the pre-commissioning stage, all the erection & Installation work has been completed. Commissioning is likely by end of July 2019.
Click here for more details
(Links available only through www.indianfertilizer.com) Details
8Project Name: Exploratory Drilling
8Project Cost: Rs 900 crore.
8Project Description: The EC application process is going to begin soon for the 45 well exploratory drilling programme in the North East of India The drilling will be carried out using third-party rigs. There are 3 drilling rigs available with ONGC Jorhat Asset but these are already deployed.
8Project Event: RFQ for hiring oilfield services is expected by Q4 2019
8Expenditure Approval: Q2/2017
8RFQ Date: Q4/2019
8Release Date: Q4/2019
8Start Date: Q1/2020
8Completion Date: Q4/2023
Click here for more details, including key contacts Details
8Project Cost: Rs 900 crore.
8Project Description: The EC application process is going to begin soon for the 45 well exploratory drilling programme in the North East of India The drilling will be carried out using third-party rigs. There are 3 drilling rigs available with ONGC Jorhat Asset but these are already deployed.
8Project Event: RFQ for hiring oilfield services is expected by Q4 2019
8Expenditure Approval: Q2/2017
8RFQ Date: Q4/2019
8Release Date: Q4/2019
8Start Date: Q1/2020
8Completion Date: Q4/2023
Click here for more details, including key contacts Details
8Project Name: Oil Field Development
8Project Cost: Rs 150 crore
8Project Description: The private sector developer has received the final nod from the environment ministry for the DSF block development. In the meanwhile, the EOI for the sale of crude oil and natural gas is under processing. The natural gas from the block is proposed to be evacuated using 8-inch pipeline which will be installed by a hired contractor. Furthermore, rig mobilization mobilized will be by Q4 2019. The gas production from the block is expected to start by March 2021. The project involves development drilling of 9 wells and laying of an infield pipeline to connect with the nearest production facility (GGS). An estimated amount of 11.6 MMSFD of Gas and 70 BOPD of oil equivalent is expected from the block.
Click here for more details, including key contacts Details
8Project Cost: Rs 150 crore
8Project Description: The private sector developer has received the final nod from the environment ministry for the DSF block development. In the meanwhile, the EOI for the sale of crude oil and natural gas is under processing. The natural gas from the block is proposed to be evacuated using 8-inch pipeline which will be installed by a hired contractor. Furthermore, rig mobilization mobilized will be by Q4 2019. The gas production from the block is expected to start by March 2021. The project involves development drilling of 9 wells and laying of an infield pipeline to connect with the nearest production facility (GGS). An estimated amount of 11.6 MMSFD of Gas and 70 BOPD of oil equivalent is expected from the block.
Click here for more details, including key contacts Details
For reference purposes the website carries here the following tenders:
8Supply and Supervision/ Commissioning of HSS Skid Details
8Project Management Consultancy Services for Dismantling and Disposal of Crude/ LPG/ VB/ FPU Units Details
8Rate Contract for Bridge Crane Operations at Delayed Coker Unit Details
8Skid Mounted Early Production Facility with Operation and Maintenance services Details
8Expression of Interest for Repair/ Overhauling/ Revamping of Offshore Pedestal Crane Details
8Supply of Pipes Details
8Supply of Scrapping Lubricators Details
8Supply of Retainer Packers Details
8Supply, Installation, Training and AMC of Static Gel Strength Analyzer Details
8Procurement of Drill Collar Safety Clamps Details
8Hiring of service for EIA/EMP studies and public hearing for 28 wells in forest area and 53 wells in non forest area Details
8Procurement of Centralizers, Stop Rings and Turbolizers Details
8Procurement of Sodium Chloride Details
8Replacement of Isolation Valves with Motor Operated Valves Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India lowers tariff for KG Basin pipeline network by 64 per cent Details
8Proposal to stop supply of kerosene to section of ration card holders opposed Details
8Indian oil companies’ output from foreign assets up Details
8Jet fuel prices cut by 5.8%; subsidised cooking gas to get cheaper by Rs 3 Details
8Cairn stops paying royalty on Rajasthan oil after differences with ONGC Details
8Gujarat gas price cut comes as a major relief for industrial units Details
8LPG transport operators call off indefinite strike Details
8Asian markets surge on Trump-Xi breakthrough, oil rallies Details
8LPG transport operators begin indefinite strike across south India Details
8Opec set to extend oil supply cut as Iran endorses pact Details
8Crude oil futures up on positive cues Details
8OPEC weighs extension of output cuts amid slackening demand Details
8Iran says Opec unity necessary for cooperation with non-Opec producers Details
8Oil prices slip as demand worries outweigh Opec supply cuts Details
8OPEC extends oil production cuts amid weaker demand outlook Details
You can also click on Newsclips for more Details
8Supply and Supervision/ Commissioning of HSS Skid Details
8Project Management Consultancy Services for Dismantling and Disposal of Crude/ LPG/ VB/ FPU Units Details
8Rate Contract for Bridge Crane Operations at Delayed Coker Unit Details
8Skid Mounted Early Production Facility with Operation and Maintenance services Details
8Expression of Interest for Repair/ Overhauling/ Revamping of Offshore Pedestal Crane Details
8Supply of Pipes Details
8Supply of Scrapping Lubricators Details
8Supply of Retainer Packers Details
8Supply, Installation, Training and AMC of Static Gel Strength Analyzer Details
8Procurement of Drill Collar Safety Clamps Details
8Hiring of service for EIA/EMP studies and public hearing for 28 wells in forest area and 53 wells in non forest area Details
8Procurement of Centralizers, Stop Rings and Turbolizers Details
8Procurement of Sodium Chloride Details
8Replacement of Isolation Valves with Motor Operated Valves Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India lowers tariff for KG Basin pipeline network by 64 per cent Details
8Proposal to stop supply of kerosene to section of ration card holders opposed Details
8Indian oil companies’ output from foreign assets up Details
8Jet fuel prices cut by 5.8%; subsidised cooking gas to get cheaper by Rs 3 Details
8Cairn stops paying royalty on Rajasthan oil after differences with ONGC Details
8Gujarat gas price cut comes as a major relief for industrial units Details
8LPG transport operators call off indefinite strike Details
8Asian markets surge on Trump-Xi breakthrough, oil rallies Details
8LPG transport operators begin indefinite strike across south India Details
8Opec set to extend oil supply cut as Iran endorses pact Details
8Crude oil futures up on positive cues Details
8OPEC weighs extension of output cuts amid slackening demand Details
8Iran says Opec unity necessary for cooperation with non-Opec producers Details
8Oil prices slip as demand worries outweigh Opec supply cuts Details
8OPEC extends oil production cuts amid weaker demand outlook Details
You can also click on Newsclips for more Details
The cabinet has accorded approval for a new 8.648 LMTPA ammonia-urea unit in Namrup
8The new unit will mean the dismantling of two existing units at Namrup, Namrup-II (capacity 2.20 LMTPA) and Namrup-III (capacity 2.70 LMTPA).
8Background work on the new unit is expected to begin soon
Click on Reports for more
Details
8The new unit will mean the dismantling of two existing units at Namrup, Namrup-II (capacity 2.20 LMTPA) and Namrup-III (capacity 2.70 LMTPA).
8Background work on the new unit is expected to begin soon
Click on Reports for more
Details
The zonal tariff apportionment of the levelized tariff rate of Rs 41.11/mmbtu and Rs 63.46 has been finalized for the Integrated HBJ natural gas pipeline and the Jagdishpur Haldia Bokara Dhamra pipeline respectively.
8GAIL's tariff apportionments for these two pipelines have been accepted by the regulator
8If you are a gas buy through this trunk pipeline, find out what the impact is going to be on you.
Click on Reports for more Details
8GAIL's tariff apportionments for these two pipelines have been accepted by the regulator
8If you are a gas buy through this trunk pipeline, find out what the impact is going to be on you.
Click on Reports for more Details
Both OIL and ONGC have sought LOIs for production enhancement contracts on revenue sharing basis
8The basic features of the model are:
-- Complete marketing and pricing freedom to sell oil and gas on arm’s length basis through competitive basis.
-- Contractor will be selected on revenue sharing basis. The revenue will be shared on incremental production over and above the baseline production under Business-As-Usual (BAU) scenario.
-- Contract period of 15 years with an option to extend by 5 years.
-- Reduction of 10% in the royalty rate for additional production of natural gas over and above BAU scenario.
-- Easy to administer Revenue Sharing model based contract.
-- Exploration permitted during the contract period including the right to explore all kinds of hydrocarbon.
-- Contractors will not be required to reimburse any expenditure already incurred by ONGC.
-- Incentive shall be available for achieving production higher than the committed incremental production.
8OIL is seeking a new technology partner with revenue sharing for the iconic Digboi oilfield and the Baggitibba field in Rajasthan. Both have technological challenges
Click on Details for more Details
8The basic features of the model are:
-- Complete marketing and pricing freedom to sell oil and gas on arm’s length basis through competitive basis.
-- Contractor will be selected on revenue sharing basis. The revenue will be shared on incremental production over and above the baseline production under Business-As-Usual (BAU) scenario.
-- Contract period of 15 years with an option to extend by 5 years.
-- Reduction of 10% in the royalty rate for additional production of natural gas over and above BAU scenario.
-- Easy to administer Revenue Sharing model based contract.
-- Exploration permitted during the contract period including the right to explore all kinds of hydrocarbon.
-- Contractors will not be required to reimburse any expenditure already incurred by ONGC.
-- Incentive shall be available for achieving production higher than the committed incremental production.
8OIL is seeking a new technology partner with revenue sharing for the iconic Digboi oilfield and the Baggitibba field in Rajasthan. Both have technological challenges
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Expression of Interest for purchase of Natural Gas at Remotely Located Wells Details
8Supply of U Tubes Details
8Terminal Automation System Revamping at Mathura Installation Details
8Engineering ,Project Management and Site Supervision Consultancy for EPCM Blending Plant Details
8Under Vehicle Scanning System at Jammu And Srinagar IRD Details
8Hiring of Direct Marketing Agency for PNG Domestic Registration Details
8Supply, Installation & Commissioning of Anesthesia Workstation Details
8Supply of High Performance Bits Details
8Secondary Lubes Transportation from Warehouse at Jaipur and Bhatinda Details
8EOI for supply of around 96 Crore Litres of Anhydrous Denatured Ethanol Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8LPG manufacturers move Madras HC against strike call of tanker owners Details
8CNG, piped natural gas prices to increase from July 1 in Mumbai Details
8Oil India seeks partners for ramping up production from ageing fields Details
8PM Narendra Modi seeks steady oil supplies from Saudi Arabia amid Gulf tensions Details
8PM Modi says ensuring energy security, low priced oil and gas need of the hour Details
8Congress slams government over rise in petrol and diesel prices Details
8Govt wants petrol stations to charge your e-vehicle Details
8LPG refills to be cheaper by Rs 100 Details
8Paris bans up to 60% of its cars as heatwave worsens pollution Details
8France voices support for Cyprus in gas standoff with Turkey Details
8OPEC faces crude oil output balancing act over US-Iran crisis Details
8Nord Stream 2 'past point of no return': Russia's Gazprom Details
8China says it would import Iranian oil in defiance of US sanctions on Tehran Details
8Saudi crown prince feted at G20 despite criticism elsewhere Details
8Opec keen to extend cut, Russia is circumspect: Reality check Details
8Russia agrees with Saudi to extend OPEC deal by 6-9 months: Vladimir Putin Details
8Saudi energy minister says 9-month Opec+ extension most likely Details
8Oil jumps on Saudi, Russia support for supply cuts Details
8Turkmenistan opens $1.7 billion gas-to-liquids plant Details
8Turkmenistan opens the world's largest gas-to-gasoline refinery Details
8Opec-Russia deal on output cuts may keep fuel on fire Details
You can also click on Newsclips for more Details
8Expression of Interest for purchase of Natural Gas at Remotely Located Wells Details
8Supply of U Tubes Details
8Terminal Automation System Revamping at Mathura Installation Details
8Engineering ,Project Management and Site Supervision Consultancy for EPCM Blending Plant Details
8Under Vehicle Scanning System at Jammu And Srinagar IRD Details
8Hiring of Direct Marketing Agency for PNG Domestic Registration Details
8Supply, Installation & Commissioning of Anesthesia Workstation Details
8Supply of High Performance Bits Details
8Secondary Lubes Transportation from Warehouse at Jaipur and Bhatinda Details
8EOI for supply of around 96 Crore Litres of Anhydrous Denatured Ethanol Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8LPG manufacturers move Madras HC against strike call of tanker owners Details
8CNG, piped natural gas prices to increase from July 1 in Mumbai Details
8Oil India seeks partners for ramping up production from ageing fields Details
8PM Narendra Modi seeks steady oil supplies from Saudi Arabia amid Gulf tensions Details
8PM Modi says ensuring energy security, low priced oil and gas need of the hour Details
8Congress slams government over rise in petrol and diesel prices Details
8Govt wants petrol stations to charge your e-vehicle Details
8LPG refills to be cheaper by Rs 100 Details
8Paris bans up to 60% of its cars as heatwave worsens pollution Details
8France voices support for Cyprus in gas standoff with Turkey Details
8OPEC faces crude oil output balancing act over US-Iran crisis Details
8Nord Stream 2 'past point of no return': Russia's Gazprom Details
8China says it would import Iranian oil in defiance of US sanctions on Tehran Details
8Saudi crown prince feted at G20 despite criticism elsewhere Details
8Opec keen to extend cut, Russia is circumspect: Reality check Details
8Russia agrees with Saudi to extend OPEC deal by 6-9 months: Vladimir Putin Details
8Saudi energy minister says 9-month Opec+ extension most likely Details
8Oil jumps on Saudi, Russia support for supply cuts Details
8Turkmenistan opens $1.7 billion gas-to-liquids plant Details
8Turkmenistan opens the world's largest gas-to-gasoline refinery Details
8Opec-Russia deal on output cuts may keep fuel on fire Details
You can also click on Newsclips for more Details
Sulphuric Acid and Captive Power Unit Expansion Project
8Cost - Rs 300 Crore
8Project Event: Discussion process is ongoing, The project team has been formed, project activities are likely to start in August 2019. RFQ for the EPC contractor is likely to be released at the end of July 2019.
Click here for more details (Available only through www.indianfertilizer.com) Details
8Cost - Rs 300 Crore
8Project Event: Discussion process is ongoing, The project team has been formed, project activities are likely to start in August 2019. RFQ for the EPC contractor is likely to be released at the end of July 2019.
Click here for more details (Available only through www.indianfertilizer.com) Details
Phosphoric Acid & Sulphuric Acid Greenfield Project
8Cost - Rs 1800 Crore
8Project Event: The Company is in the process of discussions with Phosphoric Acid Process Licensors for the supply of Basic Engineering Package based on which the company proposes to execute the project on EPC basis. The finalization is due at the end of July 2019. Simultaneously the company is in a final discussion with Rock Phosphate suppliers for the execution of Memorandum of Understanding (MoU) to ensure the availability of rock phosphate on a long-term basis. Necessary clearances have been obtained
Click here for more details (Available only through www.indianfertilizer.com) Details
8Cost - Rs 1800 Crore
8Project Event: The Company is in the process of discussions with Phosphoric Acid Process Licensors for the supply of Basic Engineering Package based on which the company proposes to execute the project on EPC basis. The finalization is due at the end of July 2019. Simultaneously the company is in a final discussion with Rock Phosphate suppliers for the execution of Memorandum of Understanding (MoU) to ensure the availability of rock phosphate on a long-term basis. Necessary clearances have been obtained
Click here for more details (Available only through www.indianfertilizer.com) Details
Not paying enough attention to the environment clearance process can delay an E&P project by months if not years. Here are two examples:
8ONGC will see a delay in a Rs 1083 crore 48 well exploratory programme because they failed to hold a public hearing on time after grant of TOR. It has to now seeking a 1-year extension of the TOR
8All RDQs have been delayed
8Project Event: RFQs for the equipment and oilfield chemicals are expected by Q4 2019.
Click here for more details
8A Rs 500 crore private sector offshore development has been delayed as the environment clearance was rejected not once but thrice
8Clearly, the choice of the EIA consultant may not have been right
8A bad choice can set the clock back by several months or even longer.
Click here for more details on the status of this particular project Details
8ONGC will see a delay in a Rs 1083 crore 48 well exploratory programme because they failed to hold a public hearing on time after grant of TOR. It has to now seeking a 1-year extension of the TOR
8All RDQs have been delayed
8Project Event: RFQs for the equipment and oilfield chemicals are expected by Q4 2019.
Click here for more details
8A Rs 500 crore private sector offshore development has been delayed as the environment clearance was rejected not once but thrice
8Clearly, the choice of the EIA consultant may not have been right
8A bad choice can set the clock back by several months or even longer.
Click here for more details on the status of this particular project Details
There were three big service providers, Halliburton, Schlumberger and Baker Hughes were in the race
8One got the contract
Click on Details for more Details
8One got the contract
Click on Details for more Details
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