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After Sterlite, will ONGC's Rs 2000 crore 110-welll drilling programme run into trouble?
May 25: Tamil Nadu was once a good place to do business. Not any more. Consistent flouting of environmental norms by industrial units and a corrupt state machinery have shaken the faith of the people in the capacity of the industrial machine to deliver employment and sustainable growth. The Sterlite episode bring all of this into sharp relief. GAIL had once tried its usual method of riding roughshod over local concerns while building a pipeline network by moving the state and central bureaucracy to act in a hurry. The move ended in failure, with pipeline laying delayed well beyond what was envisaged earlier.
Another flashpoint in Tamil Nadu now is the agitation over ONGC's plans for a Rs 2000 crore development drilling programme involving 110 wells in the Thanjavur District of Tamil Nadu. Crude leakages from pipelines in the area have made the locals skeptical of ONGC's handling of its oil and gas operations in the state. There is mounting opposition to the development drilling programme now.
The company however continues to insist that RFQs will indeed come out soon though they have been delayed for now. Find out more

8
Project Name: Oil Field Development
8Project Cost: Rs 2000 crore.
8Project Description: Oil And Natural Gas Corporation Limited's RFQs for the development drilling of 110 wells in Thanjavur District of Tamil Nadu are delayed on account of the ongoing protests going on against the programme. Recently a pipeline leakage case was reported in Thanjavur. The project also involves installation of an infield pipeline and a Central Processing facility having a capacity of 520 m3 per day. The block includes the fields of Adichapuram, Kizhvelur, Kanjirangudi, Palk Bay Shallow, Periyapattinam, Perungulam, Tiruvarur, Mattur, Nannilam, Narimanam, Adiyakkamangalam, Kuthalam, and Kali. The locations will be now be drilled by the third party based electrical type rigs. An EIA Consultant has already been hired for the project. Further RFQs are expected shortly.
8Project Event: RFQs for the hiring of EPC contractor for pipeline installation is expected by August instead of June 2018.
RFQs for hiring an EPC contractor for CPF installation is expected by August instead of July 2018.
RFQs for hiring drilling services is expected by Q3 2018..
8Expenditure Approval: Q2/2017
8RFQ Date: Aug/2018.
8Release Date: Oct/2018.
8Date: Jul/2019
8Completion Date: Dec/2022
Click here for more details for key contacts, project configuration and other information. Also see Details


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Oil and Gas | Petroleum | Energy | News | Projects

All content in this website is sourced legitimately

DSF-1 Oil Field Development: RFQs coming up.  Oil & gas briefs.  Motihari-Amlekhganj Greenfield Product Pipeline Project: Latest update.  Greenfield LPG bottling plant: PDIL at work.  Refinery insulation contract coming up.  LNG liquefaction and gasification costs: Latest data.  Oil & gas outlook for 2019.  Bio-diesel plants: Emerging out of the shadows.  Nayara Energy: Update.  EIL: Emphasis on specialist services.  Ban on open loop scrubbers: Indian companies should take note.  2019: Tanker fleet update.  Tanker business consolidating globally.  OIL's F&D costs are down, but production cost is up.  Cairn Energy Plc: Hopeful on the arbitration case .  India is not in the EM investment list.  Global LPG demand: Where does India figure in it?.  Download Tenders and Newsclips.  Software updates: Fertilizer projects.  Business opportunities for the FGD equipment suppliers: Get to know more .  

DSF-1 Oil Field Development: RFQs coming up

Jan 24: 8Project Name: DSF-1 Oil Field Development
8Project Cost: Rs 100 crore
8Project Event: RFQ for the hiring of a PFR Consultant is expected by April 2019
RFQ for the hiring of rigs and other oilfield services is expected by Q3 2019.
8Expenditure Approval: Q2/2018.
8RFQ Date: Apr/2019
8Release Date: Jun/2019.
8Date: Q2/2020
8Completion Date: Sep/2021
Click here for more details for key contacts, and project details
Details

Oil & gas briefs

Jan 24: 8OVL is on the look out for an operations director
8Oil Logging material theft: "No radioactive threat" Details

Motihari-Amlekhganj Greenfield Product Pipeline Project: Latest update

Jan 24: 8Project Name: Motihari-Amlekhganj Greenfield Product Pipeline Project
8Project Cost: Rs 324 crore
8Project Description: At present, approx 40% work of the whole project is completed. 
8Project Event: RFQ for PLC SCADA work in Nepal is expected by March 2019 instead of December 2018.
8Expenditure Approval: Q2:2015
8RFQ Date: Mar/2019
8Release Date: Mar/2019
8Start Date: Q4:2015
8Completion Date: Jun/2020
Click here for more details
Details

Greenfield LPG bottling plant: PDIL at work

Jan 24: 8Project Name: LPG bottling plant greenfield project
8Project Cost: Rs 143 crore
8Project Description: PDIL has become the EPCM contractor
Click here for more details
   Details

Refinery insulation contract coming up

Jan 24: Insulation contract coming up in an existing refinery
8The contract period is for two years
Click on Details for key contacts and other details

  
Details

LNG liquefaction and gasification costs: Latest data

Jan 24: What is the latest average liquefaction cost for LNG globally?
8A look at the latest data shows that costs have shot up, particularly for brownfield projects
8Then again, while the cost differential between a floating liquefaction plant and an onland facility is not much, the disparity is wide when it comes to regasification plants.
Click on Reports for the latest data Details

Oil & gas outlook for 2019

Jan 24: 8Expect OPEC to remain disciplined in its pursuit of normalised oil inventories, and will seek to manage the Brent oil price at around $60/bl.
8The US onshore shale system will grow strongly again this year, up by just over 1m b/day if Brent averages $60/bl.
8Non?OPEC (ex US onshore) supply will hold up in 2019 but will come under increasing pressure as upstream capex cuts from 2015-18 take effect.
8Global oil demand will depend on GDP growth, currently expected at around 1.4m b/day if the IMF’s GDP global forecast of 3.5% holds up.
8OECD oil inventories likely to be similar to end-2018 but the path will be bumpy.
8Global gas demand will grow handsomely again in 2019 but mostly from a shift in the power sector from liquid fuels to gas
Click on Reports for more   Details

Bio-diesel plants: Emerging out of the shadows

Jan 24: India is the first major country to allow for use of 100% biodiesel in vehicles and the industry is now emerging from the shadows to make a difference
8Some bio-diesel companies are taking advantage. One such entity is importing feedstock from Argentina and Greece while selling the bio-diesel at a discount to diesel in India.
8Clearly a hybrid model, using local and imported feedstock is a viable business model.
8Large fleet customers are targeted for replacement of diesel with biodiesel
Click on Reports for more Details

Nayara Energy: Update

Jan 24: Russian controled Nayara Energy is undertaking a $850 million investment for setting up a 450,000 mt a year polypropylene plant and a 200,000 mt a year MTBE (methyltertiary-butyl ether) plant.
8Know more on what is up
Click on Reports Details

EIL: Emphasis on specialist services

Jan 24: Engineers India Ltd is diversified full services-cum-EPC consultancy organization
8It has a wide variety of offerings
The company has been putting some added focus on its specialist services of later, which invlude
8Heat and Mass Transfer Equipment Design
8Environment Engineering
8Specialist Materials and Maintenance
8Plant Operations & Safety i
8Corrosion Protection, Plant Integrity and Residual Life Assessment
8Refinery Optimization Studies
8Yield & Energy
8Optimization Studies
8Information Technology
Click on Reports for more   Details

Ban on open loop scrubbers: Indian companies should take note

Jan 24: Indian shipping companies will have to take serious account of the rising ban on open loop scrubbers
8Insurance companies have already put out a list of countries and ports which have regulated open-loop scrubber discharge in their waters.
8China has imposed a ban and so has a major port in the Gulf.
8This list is likely to get longer over the next one year
Click on Reports for more   Details

2019: Tanker fleet update

Jan 24: The total tanker fleet (crude and clean) grew by only 1.0% in 2018 rising from 581.9m-dwt to 588.1m-dwt.
8The combined delivery schedule for 2019 is 41.3m-dwt, or just 7.0% of the start year fleet. This will reduce with scrapping and slippage. The total order book is set at 11.3% of the fleet, a historically low number.
8Find out more on how the supply-demand dynamics work out for the crude and clean industry
Click on Reports Details

Tanker business consolidating globally

Jan 24: Find out more on why the tanker business is consolidating rapidly on a global scale
8Upcoming regulations, a spike in costs and a host of other factors are at play behind the consolidation drive
Click on Reports for more Details

OIL's F&D costs are down, but production cost is up

Jan 24: The finding and development cost of Oil India Ltd has come down significantly
8Production cost however has gone up
Click on Reports to find out by how much
   Details

Cairn Energy Plc: Hopeful on the arbitration case

Jan 24: Cairn Energy Plc's shares in Cairn India may have been liquidated by the Indian government, but the company stays bullish on a positive decision from the arbitration panel
8In case there indeed is a positive decision, getting it implemented will be an uphill task
Click on Reports for more Details

India is not in the EM investment list

Jan 24: A large global research agency has recommended staying away from emerging markets
8Only Brazil has an upside, not India, it seems
Click on Reports for more Details

Global LPG demand: Where does India figure in it?

Jan 24: Where is global LPG demand headed
8And where does India figure in it?
8Has Indian demand slowed down, or has it reached a saturation point?
Click on Reports for more Details

Download Tenders and Newsclips

Jan 24: For reference purposes the website carries here the following tenders:
8
Supply of Clay for Mixed Xylene Unit Details
8Supply of High Pressure Pipe Fittings Details
8Supply of Gate, Globe and Check Valves at refinery Details
8Construction and Operation & Maintenance of Modular ETP at one of its installation in Ahmedabad Asset Details
8Zonal Rate Contract for LR Units Details
8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Kozhikode IRD Details
8Transportation of Bulk POL products MS HSD and branded fuels by road ex Indore Details
8ARC for Maintenance of Smoke and Heat Detectors Details
8Supply, Installation and Commissioning of Stack Monitoring System with Analyzer Shelters and HVACs Details
8Procurement of Open Hole Logging Units, associated equipments and down hole tools along with Repair & Maintenance Services Details
8Empanelment of Design & Engineering Consultants for Onshore Engineering Services Details
8Procurement of Adjustable chokes for Gas lift wells of Mehsana Asset for 2018-19 Details
8LSTK Project of Nawagam-Ramol Effluent Pipeline Project Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8
All set for Ennore LNG Terminal Commissioning Details
8Indian Oil to invest Rs. 16,641 crore in Tamil Nadu Details
8Adani, IOC top investors on Day-1 of Tamil Nadu Global Investors Meet Details
8Indian Oil to shut half of Panipat refinery from mid-February for a month Details
8India's GDP growth may improve to 7.3% in FY20: Crisil Details
8ONGC's missing radioactive isotope found in scrap shop by cops Details
8Oil prices steady, but global growth worries hold sway Details
8Four state-run energy companies to help make Tripura ODF state 
Details
8Adani Welspun JV to invest Rs 1,600 crore for developing B-9 cluster fields off Mumbai coast Details
8DAVOS: Saudi Aramco eyes multi-billion-dollar US gas acquisitions Details
8Iran discovers oil in Abadan region, says minister Details
8Gazprom Neft considering LNG production in Russia's Arctic Details
8Natural gas fields give Israel a regional political boost Details
8OMV defends Nord Stream 2, Gasunie supports German LNG terminal Details
8 PESO issues 14 licences to distilleries for storage, supply of ethanol to oil firms Details
8Oil plan stalled as East Timor president vetoes state budget Details
8Norway gas to benefit from end to coal in Germany: Equinor Details
You can also click on Newsclips for more   Details

Software updates: Fertilizer projects

Jan 24: Ammonia-Urea Brownfield Project
8Cost - Rs 6000 Crore
8Project Event: Archon Power Infra Pvt Ltd, Jadunandan Singh Engicons Pvt. Ltd. are among those qualified in technical evaluation for EPCM Services for Balance Offsite & Utilities while NTPC GE Power Service Pvt Ltd did not qualified in technical evaluation. Price bids have not been opened yet
Click here 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 and the management is taking time to move forward, The RFQ for the EPC contractor is likely to be released in February 2019 due to delay internal decision-making process.
Click here for more details
Details

Business opportunities for the FGD equipment suppliers: Get to know more

Jan 24: Project Name: Thermal Power Plant - FGD Addition
8Project Cost: 300 crores
8Project Description: NTPC is carrying out DPR works for implementation of an FGD system in a thermal power complex. Bids awaited till the administrative approval. Look out for business probabilities in the FGD. 
8Expenditure Approval: Q2:2018
8RFQ Date: Apr/2019
8Release Date: Apr/2019
8Start Date: 2021
8Completion Date: 2022
Click here for more details

Project Name:  Super Thermal Power Station: Chimney Package for FGD
8Project Cost: 200 crores
8Project Description: A separate chimney package for an FGD is in pipeline. If you are an equipment supplier, get to know the scope of work, equipment required and configurations for the RCC chimney.
8Expenditure Approval: Jan/2019
8RFQ Date: Feb/2019
8Release Date: Feb/2019
8Start Date: 2020
8Completion Date: 2021
Click here for more details
Details

DSF-1 Oil Field Development: RFQs coming up

Jan 24: 8Project Name: DSF-1 Oil Field Development
8Project Cost: Rs 100 crore
8Project Event: RFQ for the hiring of a PFR Consultant is expected by April 2019
RFQ for the hiring of rigs and other oilfield services is expected by Q3 2019.
8Expenditure Approval: Q2/2018.
8RFQ Date: Apr/2019
8Release Date: Jun/2019.
8Date: Q2/2020
8Completion Date: Sep/2021
Click here for more details for key contacts, and project details
Details

Oil & gas briefs

Jan 24: 8OVL is on the look out for an operations director
8Oil Logging material theft: "No radioactive threat" Details

Motihari-Amlekhganj Greenfield Product Pipeline Project: Latest update

Jan 24: 8Project Name: Motihari-Amlekhganj Greenfield Product Pipeline Project
8Project Cost: Rs 324 crore
8Project Description: At present, approx 40% work of the whole project is completed. 
8Project Event: RFQ for PLC SCADA work in Nepal is expected by March 2019 instead of December 2018.
8Expenditure Approval: Q2:2015
8RFQ Date: Mar/2019
8Release Date: Mar/2019
8Start Date: Q4:2015
8Completion Date: Jun/2020
Click here for more details
Details

Greenfield LPG bottling plant: PDIL at work

Jan 24: 8Project Name: LPG bottling plant greenfield project
8Project Cost: Rs 143 crore
8Project Description: PDIL has become the EPCM contractor
Click here for more details
   Details

Refinery insulation contract coming up

Jan 24: Insulation contract coming up in an existing refinery
8The contract period is for two years
Click on Details for key contacts and other details

  
Details

LNG liquefaction and gasification costs: Latest data

Jan 24: What is the latest average liquefaction cost for LNG globally?
8A look at the latest data shows that costs have shot up, particularly for brownfield projects
8Then again, while the cost differential between a floating liquefaction plant and an onland facility is not much, the disparity is wide when it comes to regasification plants.
Click on Reports for the latest data Details

Oil & gas outlook for 2019

Jan 24: 8Expect OPEC to remain disciplined in its pursuit of normalised oil inventories, and will seek to manage the Brent oil price at around $60/bl.
8The US onshore shale system will grow strongly again this year, up by just over 1m b/day if Brent averages $60/bl.
8Non?OPEC (ex US onshore) supply will hold up in 2019 but will come under increasing pressure as upstream capex cuts from 2015-18 take effect.
8Global oil demand will depend on GDP growth, currently expected at around 1.4m b/day if the IMF’s GDP global forecast of 3.5% holds up.
8OECD oil inventories likely to be similar to end-2018 but the path will be bumpy.
8Global gas demand will grow handsomely again in 2019 but mostly from a shift in the power sector from liquid fuels to gas
Click on Reports for more   Details

Bio-diesel plants: Emerging out of the shadows

Jan 24: India is the first major country to allow for use of 100% biodiesel in vehicles and the industry is now emerging from the shadows to make a difference
8Some bio-diesel companies are taking advantage. One such entity is importing feedstock from Argentina and Greece while selling the bio-diesel at a discount to diesel in India.
8Clearly a hybrid model, using local and imported feedstock is a viable business model.
8Large fleet customers are targeted for replacement of diesel with biodiesel
Click on Reports for more Details

Nayara Energy: Update

Jan 24: Russian controled Nayara Energy is undertaking a $850 million investment for setting up a 450,000 mt a year polypropylene plant and a 200,000 mt a year MTBE (methyltertiary-butyl ether) plant.
8Know more on what is up
Click on Reports Details

EIL: Emphasis on specialist services

Jan 24: Engineers India Ltd is diversified full services-cum-EPC consultancy organization
8It has a wide variety of offerings
The company has been putting some added focus on its specialist services of later, which invlude
8Heat and Mass Transfer Equipment Design
8Environment Engineering
8Specialist Materials and Maintenance
8Plant Operations & Safety i
8Corrosion Protection, Plant Integrity and Residual Life Assessment
8Refinery Optimization Studies
8Yield & Energy
8Optimization Studies
8Information Technology
Click on Reports for more   Details

Ban on open loop scrubbers: Indian companies should take note

Jan 24: Indian shipping companies will have to take serious account of the rising ban on open loop scrubbers
8Insurance companies have already put out a list of countries and ports which have regulated open-loop scrubber discharge in their waters.
8China has imposed a ban and so has a major port in the Gulf.
8This list is likely to get longer over the next one year
Click on Reports for more   Details

2019: Tanker fleet update

Jan 24: The total tanker fleet (crude and clean) grew by only 1.0% in 2018 rising from 581.9m-dwt to 588.1m-dwt.
8The combined delivery schedule for 2019 is 41.3m-dwt, or just 7.0% of the start year fleet. This will reduce with scrapping and slippage. The total order book is set at 11.3% of the fleet, a historically low number.
8Find out more on how the supply-demand dynamics work out for the crude and clean industry
Click on Reports Details

Tanker business consolidating globally

Jan 24: Find out more on why the tanker business is consolidating rapidly on a global scale
8Upcoming regulations, a spike in costs and a host of other factors are at play behind the consolidation drive
Click on Reports for more Details

OIL's F&D costs are down, but production cost is up

Jan 24: The finding and development cost of Oil India Ltd has come down significantly
8Production cost however has gone up
Click on Reports to find out by how much
   Details

Cairn Energy Plc: Hopeful on the arbitration case

Jan 24: Cairn Energy Plc's shares in Cairn India may have been liquidated by the Indian government, but the company stays bullish on a positive decision from the arbitration panel
8In case there indeed is a positive decision, getting it implemented will be an uphill task
Click on Reports for more Details

India is not in the EM investment list

Jan 24: A large global research agency has recommended staying away from emerging markets
8Only Brazil has an upside, not India, it seems
Click on Reports for more Details

Global LPG demand: Where does India figure in it?

Jan 24: Where is global LPG demand headed
8And where does India figure in it?
8Has Indian demand slowed down, or has it reached a saturation point?
Click on Reports for more Details

Download Tenders and Newsclips

Jan 24: For reference purposes the website carries here the following tenders:
8
Supply of Clay for Mixed Xylene Unit Details
8Supply of High Pressure Pipe Fittings Details
8Supply of Gate, Globe and Check Valves at refinery Details
8Construction and Operation & Maintenance of Modular ETP at one of its installation in Ahmedabad Asset Details
8Zonal Rate Contract for LR Units Details
8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Kozhikode IRD Details
8Transportation of Bulk POL products MS HSD and branded fuels by road ex Indore Details
8ARC for Maintenance of Smoke and Heat Detectors Details
8Supply, Installation and Commissioning of Stack Monitoring System with Analyzer Shelters and HVACs Details
8Procurement of Open Hole Logging Units, associated equipments and down hole tools along with Repair & Maintenance Services Details
8Empanelment of Design & Engineering Consultants for Onshore Engineering Services Details
8Procurement of Adjustable chokes for Gas lift wells of Mehsana Asset for 2018-19 Details
8LSTK Project of Nawagam-Ramol Effluent Pipeline Project Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8
All set for Ennore LNG Terminal Commissioning Details
8Indian Oil to invest Rs. 16,641 crore in Tamil Nadu Details
8Adani, IOC top investors on Day-1 of Tamil Nadu Global Investors Meet Details
8Indian Oil to shut half of Panipat refinery from mid-February for a month Details
8India's GDP growth may improve to 7.3% in FY20: Crisil Details
8ONGC's missing radioactive isotope found in scrap shop by cops Details
8Oil prices steady, but global growth worries hold sway Details
8Four state-run energy companies to help make Tripura ODF state 
Details
8Adani Welspun JV to invest Rs 1,600 crore for developing B-9 cluster fields off Mumbai coast Details
8DAVOS: Saudi Aramco eyes multi-billion-dollar US gas acquisitions Details
8Iran discovers oil in Abadan region, says minister Details
8Gazprom Neft considering LNG production in Russia's Arctic Details
8Natural gas fields give Israel a regional political boost Details
8OMV defends Nord Stream 2, Gasunie supports German LNG terminal Details
8 PESO issues 14 licences to distilleries for storage, supply of ethanol to oil firms Details
8Oil plan stalled as East Timor president vetoes state budget Details
8Norway gas to benefit from end to coal in Germany: Equinor Details
You can also click on Newsclips for more   Details

Software updates: Fertilizer projects

Jan 24: Ammonia-Urea Brownfield Project
8Cost - Rs 6000 Crore
8Project Event: Archon Power Infra Pvt Ltd, Jadunandan Singh Engicons Pvt. Ltd. are among those qualified in technical evaluation for EPCM Services for Balance Offsite & Utilities while NTPC GE Power Service Pvt Ltd did not qualified in technical evaluation. Price bids have not been opened yet
Click here 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 and the management is taking time to move forward, The RFQ for the EPC contractor is likely to be released in February 2019 due to delay internal decision-making process.
Click here for more details
Details

Business opportunities for the FGD equipment suppliers: Get to know more

Jan 24: Project Name: Thermal Power Plant - FGD Addition
8Project Cost: 300 crores
8Project Description: NTPC is carrying out DPR works for implementation of an FGD system in a thermal power complex. Bids awaited till the administrative approval. Look out for business probabilities in the FGD. 
8Expenditure Approval: Q2:2018
8RFQ Date: Apr/2019
8Release Date: Apr/2019
8Start Date: 2021
8Completion Date: 2022
Click here for more details

Project Name:  Super Thermal Power Station: Chimney Package for FGD
8Project Cost: 200 crores
8Project Description: A separate chimney package for an FGD is in pipeline. If you are an equipment supplier, get to know the scope of work, equipment required and configurations for the RCC chimney.
8Expenditure Approval: Jan/2019
8RFQ Date: Feb/2019
8Release Date: Feb/2019
8Start Date: 2020
8Completion Date: 2021
Click here for more details
Details
  • Jan 23: Power Sector: Latest project updates:Details
  • Jan 23: MRPL readying itself for a big push:Details
  • Jan 23: Slow LNG offtake: New LNG terminals will face pressure:Details
  • Jan 23: Modi government: Couldn't raise output but next government will reap the benefits :Details
  • Jan 23: December, 2018: Average LNG price at $10.6/mmbtu:Details
  • Jan 23: Tiles industry: Gas price is of paramount importance:Details
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