LNG demand in November 2019 had gone up 19% over the same month in the previous year 8This jump has been cheered as a sign that demand is speeding up 8But the story going ahead may be less cheerful for the LNG supplier Click on Details for more
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For reference purposes the website carries here the following tenders: 8Hiring of vendors for carrying out GIS mapping of PNGRB authorized geographical areas, natural gas pipelines and petroleum & petroleum product pipelines on political map of India Details 8Civil Jobs related to MERC Renovation WorksDetails 8Spares for Grove GMK6250-250 MT all terrain crane Details 8Overhauling/ Servicing, Testing and Boxing up of Butterfly valves at CPP3/ Utilities Details 8Schedule of Rates for Civil & Plumbing, Electrical, Painting and other works Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India's oil regulator offers 11 blocks under fifth bidding round; Up to $450 mn commitment expected Details 8India’s crude oil production may show marginal increase by 2024: IEADetails 8India offers 11 oil and gas blocks in 5th bid round Details 8We are focusing on data assurance for benchmarking quality crude and refinery products: Andre Lacroix, CEO, Intertek Group Details 8Subsidised LPG prices rise 13 per cent in 6 months Details 8New petrol pumps to be at least 50 mtrs away rom schools, hospitals, houses: CPCB Details 8Crude oil outlook turns bearish on US-Iran relief, surplus fears Details 8Crude price expected to stay around $65-70 through 2024 Details 8Oil drops on concerns that U.S.-China trade deal may not stoke demand Details 8As Aramco hails record IPO, Abu Dhabi's ADNOC whips up $19 billion Details 8Russia is ready to fulfil OPEC+ deal in January Details 8Trump administration signals compromise on gas mileage rules Details 8BW Offshore set to spin off $800 million oil unit in first quarter Details You can also click on Newsclips for moreDetails
There is no disagreement on the fact that the Adanis have a huge appetite for risk 8This is evident from the Adani Ports and Special Economic Zone Ltd's acquisition of a controlling stake of 75% in Krishnapatnam Port Company Ltd (KPCL) from the existing shareholders at a total enterprise value of Rs.13,572 crore. 8But this time around, has the group bitten off more than it can chew? Click on Reports for more
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The government has launched HELP bid round-V, covering 11 blocks with an area of approximately 19,800 sq. km. 8All eleven (11) blocks are based on Expressions of Interest received during EoI Window-V from 16th May 2019 to 30th November 2019. 8With the release of Notice Inviting Offer (NIO), bidders can study the data available in National Data Repository (NDR) and select blocks for the bidding. The bidders would be able to submit their bids through an online e-bidding portal starting 14th January, 2020 and the bidding round would continue till 1200 hrs. 18th March 2020. 8Meanwhile, the 6th cycle of submitting Expressions of Interest (EoIs) is currently going on till March 31, 2020 and would be followed by the 7th cycle from April 1, 2020 till July 31, 2020. 8It is expected that OALP Round V would generate immediate exploration work commitment of around USD 400-450 million. Click on Reports for more
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For reference purposes the website carries here the following tenders: 8Testing and Painting of Cylinder at Khapri LPG plant Details 8Civil Jobs related to MERC Renovation Works, MRPL TownshipDetails 8Procurement of Gas Detectors and Controllers Details 8Item Rate Contract for Civil Maintenance activities Details 8Support Services of Operational and Maintenance Activities Details 8ARC for handling Pipeline Emergency and other Pipeline Works Details 8AMC for Instrumentation Trouble Shooting and Maintenance of C2C3, IOP and LPG Plants Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Indian Oil Corporation launches special NATO class diesel for Indian Navy Details 8Pune NGO offers to produce fuel from city’s plastic waste Details 8BC Tripathi joins Essar Exploration & Production Mauritius as non-executive chairman Details 8Petrol prices fall for 3rd day, diesel rates stable Details 8Indian Oil Corp seeks six LNG cargoes for April-Dec deliveryDetails 8Inter-ministerial talks on natural gas sector reforms begin Details 8China reports early case of IMO fuel non-compliance Details 8Libya's 2019 oil and gas revenue down 6 per cent: Central Bank Details 8China's 2019 annual crude imports set record for 17th year Details 8Oil extends decline as supply disruption fears recede Details 8Indonesia to allow Pertamina 50 mln barrels of crude imports in 2020 Details 8Aramco Trading Company hires LNG trading manager Details 8Oil prices dip as Mideast tensions ease; market eyes trade deal Details 8Iraq appoints new head of oil contracts office Details 8China to pump up U.S. car, aircraft, energy purchases in trade deal Details 8OPINION: Oil is the world's new oyster Details You can also click on Newsclips for moreDetails
Process Air Compressor Greenfield Project 8Cost - Rs 347 crore 8Project Event: The project is still on hold due to some technical issues, the hiring process of LSTK contractor is also on hold. The project is likely to activated in April 2020. Click here for more details Ammonia-Urea Energy Saving Project 8Cost - Rs 380 crore 8Project Event: The Company will be undertaking significant debt-funded capex to meet energy consumption norms applicable under NUP-2015 from FY2021 onwards. The company was under shutdown for economic reasons but now project work is expected to gain speed. Contractor finalization is expected in March 2020. Click here for more details (Available only through www.indianfertilizer.com)Details
8Project Name: Jaunpur and Ghazipur City Gas Distribution 8Project Cost: Rs 200 crore 8Know more about what kind of RFQs are ahead Click here for more details, including key contactsDetails
Project Name:Haridwar-Rishikesh-Dehradun Natural Gas Pipeline. 8Project Event:RFQ for the Remote Terminal Unit is expected in the end of February-2020. Click here for more detailsDetails
It is a Rs 750 crore petrochemical complex. 8The EPMC has been selected 8The RFQ for a licensor was meant to come out in December but has been delayed Click here for more detailsDetails
Firm dates have come up for RFQs for the Rs 200 crore West Godavari greenfield early production system. 8First an RFQ for an EPC contractor for the early production system is expected 8Subsequently an RFQ for a contractor for pipeline installation will come up Click here for more detailsDetails
Indian Oil Corporation is handling the Jeraipathar oil field development project in Assam 8An RFP for a consultant to prepare a filed development plan is coming up 8There will be a RFQ for a EIA consultant 8Accordingly, an integreted drilling services tender is expected too down the line Click here for more detailsDetails
8Project Name: PY-3 Offshore Field Development 8The bid submission deadline for the chartered hiring of Floating Production Storage and Offloading (FPSO) unit has been extended. 8The FPSO with, a 20,000 BOPD crude and 3.5 MMSCMD gas processing capacity, is planned to be hired for an overall period of 5 years, with a provision of validity extension of 5 more years. 8In the meanwhile, more than a dozen potential players have shown interest 8Find out who these players are, and also know more on further RFQs coming up in this project. Click here for more detailsDetails
Ammonia-Urea Brownfield Project 8Cost - Rs 6000 crore 8Project Event: The procurement and installation work is ongoing, RFQ for the Bagging Building, Wagon Loading Platform, Conveyor Gantry, Transfer Tower and Pipe Rack Structure for Ammonia-Urea Fertilizer Plant has been released with a bid due date of 31 January 2020. The project mechanical completion and commercial production date is scheduled for Jan 2021 and May 2021 respectively. Click here for more details Phosphoric acid Expansion Project 8Cost - Rs 500 crore 8Project Event: The company had awarded a contract to ThyssenKrupp Industrial Solutions for the expansion of its phosphoric acid plant in Paradeep, Odisha. The plant is based on the di-hydrate technology from Prayon Technologies of Belgium.ThyssenKrupp is providing engineering and technical procurement services which will cover the plant's reaction unit, filtration unit, dry rock grinding section and an additional cooling tower cell. The project is planned to be completed within a period of 22 months from the effective date of the contract. The purchase of the long-lead item is ongoing, Construction is likely to be started in March 2020. Click here for more details (Available only through www.indianfertilizer.com)Details
Project Name: Haldia Refinery Cum Petrochemical Complex 8Project Cost: Rs 62714crore 8There is work going on this project, according to our sources. 8One crucial RFQ is coming up ahead in March, 2020 Click here for more detailsDetails
Project Name: Khamgaon Greenfield 2G Bio Ethanol Refinery 8Project Cost: Rs 600crores 8It is BPCL promoted. Pertinent to note that the company just finished awarding an LOI for an EPC contractor for one 2G refinery alaready 8What is the latest status? Click here for more detailsDetails
8Project Name: Gorakhpur, Sant Kabir Nagar and Kushinagar City Gas Distribution 8Project Cost: Rs 200 crore 8Project Description: Torrent Gas Private Limited has been granted authorization for laying, building, operating and expanding CGD network in the authorized area of Gorakhpur, Sant Kabir Nagar and Kushinagar districts of Uttar Pradesh. The entity won the project under 9th CGD bidding round. The authorized area for the proposed CGD network will have coverage area of 9652.23 sq. km. 8Find out what kind of RFQs are ahead Click here for more detailsDetails
If they are not low sulphur fuel compatible, it will be difficult for ships to sail into Indian ports 8Vessels stand the risk of confiscation. Click on Reports for more
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Project Name:Cherlapally ATF Terminal Expansion Project 8Project Event:Tender for the construction work for tanks and associated civil works is expected in March-2020. Click here for more detailsDetails
After the takeover the Deen Dayal field from GSPC, ONGC has not put in much work on this HPHT field so far 8Production continues to remain low, with an average gas production of 25 MMSCFD to 50MMSFD only 8But work has begun of late, with inspections and O&M work being carried out 8Get an update on the field, including what kind of RFQs are coming up Click here for more detailsDetails
New LNG terminals are getting commissioned, but will Petronet LNG Ltd continue to enjoy its predominant position in the LNG business in India? 8It will, it seems Click on Details for more
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Is it possible to have a barter deal with Saudi Aramco: A sale of BPCL in return for the purchase of SABIC's fertilizer division? 8This is pure speculation, of course,.as there can be many problems with such a barter, valuation being one of them 8What is more, the government of India is looking at funds to come into its coffers from the sale of BPCL and it is not looking at a long term involvement 8But Saudi Aramco, which is currently undertaking a $70 billion takeover of SABIC, may want to divest out of some low return businesses in which SABIC is involved, such metals and fertilizers. 8And from the Indian stand point, acquiring fertilizer assets, with low feedstock prices, -- just as it did with Oman -- may make great economic sense.. Click on Details for more
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For reference purposes the website carries here the following tenders: 8Design and Completion of 1 X 1000MT Capacity Mounded Storage Vessels for storage of LPG Details 8Hiring of Engineering Services for minor Modification on Manhour/ Manday basisDetails 8Civil and Interior Works at Office Building of the Archaeological Society of India Details 8Supply of BQ Plates Details 8Providing MPLS VPN Connectivity Services in Onshore Block Locations Details 8Operation and Maintenance Services in Tarapur Block Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Domino effect: India’s crude oil production falls 6% in Nov, pushes import dependence to an all-time high Details 8Indian Oil to spend Rs 22,000 crore for expansion of Gujarat refinery Details 8India’s oil imports from Iraq, Nigeria and UAE increase in Nov 2019 Details 8RIL may get new MD before April 1; Manoj Modi, Meswanis among probablesDetails 8OPINION: There’s a new fight in an old, turbulent region, where India has to do business with all Details 8Fuel prices cut for second straight day on Monday Details 8China total fuel demand forecast to rise 2.3 per cent to 393 mln tonnes in 2020: CNPC Research Details 8China's natural gas demand growth in 2020 seen slowest in 4 years Details 8UAE's ADNOC agrees gas, petrochem deals with two Indonesian firms Details 8Iraq warns of 'collapse' if Trump blocks oil cash Details 8Saudi energy minister: We want sustainable oil prices Details 8Oil & gas set for a re-rating: UBS Details You can also click on Newsclips for moreDetails
The industry is still trying to fathom why the proposed sale of RIL's shares to Saudi Aramco and the strategic sale of BPCL have been stalled, at least for the time being. 8It is construed that BPCL's sale was put off as there was not enough time to put it all together under such a short timeline 8The government meanwhile has raised hurdles on the sale of RIL shares to Saudi Aramco by demanding that it first pay off a $4.5 billion arbitral reward that went in favour of the government.. 8But is there yet another common development that may have stymied, both the sale of BPCL and of RIL's shares to Saudi Aramco? Click on Details for more
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In many segments of the oil & gas industry, Make in India policy caveats even though they exist, cannot be implemented 8Here is one instance, where ONGC backed off, when it was told that an insistence on Make in India will cause a large escalation in cost Click on Details for moreDetails
For reference purposes the website carries here the following tenders: 8Transportation of Bulk POL products MS HSD and Branded fuels by Road Ex Secunderabad Details 8Procurement of Product and Dosing Pumps for Construction of POL TerminalDetails 8Transportation of Bulk POL products MS HSD and Branded fuels Details 8Hiring of ARC of maintenance of CP & associated system of all the pipeline sections Details 8Procurement of Tri-Ethyl Aluminium Details 8Procurement of pressure and differential pressure switches Details 8ARC for Static, Rotary & Heat Exchanger Maintenance Jobs Details 8Requirement of ARC for Non-Destructive Testing & Inspection Activities Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India's oil demand growth set to overtake China by mid-2020s - IEA Details 8OPINION: An oil shock for India in the new decade – a blip or a sign of things to come? Details 8Govt reviews IEA report on India's energy policies Details 8No relief from soaring petrol, diesel prices Details 8HC seeks Centre's reply on RIL plea to recall orders asking it to disclose assets Details 8Global oil market well supplied; see no reason for spike in prices: IEA Details 860 per cent of IGGL would be funded by Centre: Assam Industries Minister Chandra Mohan Patowary Details 8BioD Energy sells over 10 mn litres of biodiesel in 2019 Details 8Govt expects energy prices to remain reasonable, says Dharmendra Pradhan Details 8CWC expresses concern over situation in Gulf, says India should have contingency plan Details 8IEA slams India's gas pricing policy, says it reduces incentives for producers to raise supply Details 8No dearth of crude oil in global market, says Union Minister Dharmendra Pradhan Details 8Fuel prices fall on Sunday after rise for three days Details 8India’s petroleum products demand falls marginally in December 2019Details 8Ample supplies, weak global demand growth to cap oil prices in 2020 - IEA Details 8Belarus halts own oil exports to Germany, Russian oil transit unaffected Details 8UAE investing to ensure energy resources well secured - minister Details 8Chief executive of UAE's ADNOC sees global economy in better shape in 2020 Details 8Putin says Nord Stream 2 pipeline to be completed by early 2021 Details 8Equatorial Guinea to add 20,000 bpd of oil production this year Details 8Saudi Aramco raises IPO to record $29.4 billion by over-allotment of shares Details You can also click on Newsclips for moreDetails
Sulphate of Potash-Bromine and Captive Power Unit Expansion Project 8Cost - Rs 500 crore 8Project Event: The RFQ for the LSTK contractor is getting delayed, it was meant to have come out in October, shifted to December and now to February Click here for more details Ammonia and Captive Power Unit Greenfield Project 8Cost - Rs 1920 crore 8Project Event: Here again, the RFQ for the EPC contractor has been pushed out, from November to Febarury and now even later. Click here for more details Available only through www.indianfertilizer.comDetails
Is the Bargarh 2G refinery contract award to Tata Projects set the benchmark for other 2G plants to come up in the country? 8Unlikely, it seems Click on Details for more Details
What is the latest update on the Polyol project in Kochi refinery 8Project Cost: 8967 crores 8The envisaged plant configuration comprises of a Propylene Oxide (PO) unit, Ethylene Recovery Unit (ERU), Ethylene Oxide (EO) and associated units. Engineers India Limited (EIL) was entrusted for the preparation of Environmental Impact Assessment (EIA) and Risk Analysis (RA) studies. Licensors have been selected 8Basic design is under process 8When is the RFQ for EPC contractors expected? Click here for more detailsDetails
After the Ratnagiri refinery failed to come up and after the announcement of the strategic sale of BPCL, there was a halt in capital approvals in the downstream sector 8But things are looking up now 8Two crucial IOC projects are expecting capital approval ahead Click on Details for more
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There is volatility in the oil & gas industry today. The introduction of IMO guidelines, low LNG prices but lower domestic producer gas prices, lower oil production and fluctuating oil prices, all of them have differently impacted Indian oil & gas companies Find out what the immediate outlook is for these companies 8RIL 8ONGC 8OIL 8HPCL 8BPCL 8GSPL 8Mahanagar Gas 8Gujarat Gas 8Indraprastha Gas 8Petronet LNG Click on Reports for more
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Oil India Ltd is undertaking a two-well programme in the East Godavari block KG-ONN-2004/1 8These are HPHT wells in the NELP-IV block 8It is on the lookout now for a mobile rig package. Click on Reports for more 8OIL is also looking for seismic acquisition --8400 LKM of 2D and 1020 sq km of 3D -- in the Andaman Basin and Kerala-Konkan Basin. Click on Reports for more
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It is never easy to coax a Japanese company to come and work in India 8Differences in culture as well as perspective come in the way but for a persistent entrepreneur, efforts can eventually pay off 8According to a recent survey, there are 11,000 Japanese companies working in ASEAN countries, of which just 1400 are present in India 8While the really big Japanese companies are already here, the small and medium Japanese companies are still to come in. Click on Reports for more
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A Rs 570 crore LOI from Cairn India has pushed this Indian oil field services company's order book to a whopping Rs 1343 crore 8Profits are not so high as percentage of turnover yet given that the market is highly competitive, but the outlook is bright. More orders will be in the offing. 8The E&P industry in India is on an upswing, with traditional orders from OIL and ONGC being supplemented by operators of DSF and OALP blocks. Click on Reports to know more
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8Project Name: Saharanpur City Gas Distribution 8Project Cost: Rs 100 crore 8Phase-1 has been completed, Phase-II is coming about 8RFQs are going to come out for steel and MDPE pipes Click here for more detailsDetails
For reference purposes the website carries here the following tenders: 8Hiring of Consultancy Services for Preparation of Integrated Annual Report 2019-2020 Details 8Procurement of Pressure and Differential Pressure SwitchesDetails 8Detailed Route Survey for Bhatinda Sangrur Pipeline Details 8ARC for lettering in MRPL phase-1, 2 &3 area substations associated facilities APMC Yard, SPM, Jetty, Sarapady Details 8Supply, Retrofitting, Testing and Commissioning of 110KV SF-6 breaker at 110KV yard Details 8ARC for Repair and Rewinding of Motors Details 8Requirement of agency for Coke Drum Engineering & Constructability Study at refinery site Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Restricted oil supply due to US-Iran tensions will have huge impact on Indian economy: Ambassador Anil TrigunayatDetails 8India on alert as oil, gold touch new highs, stocks fall Details 8Oil prices fall further as threat of Middle East war recedes Details 8Relief to airlines: Government ends levy of fuel throughput charges at all airports Details 8Green nods waived for distilleries planning to hike ethanol production Details 8Ahead of April 1 deadline, Chennai begins to get BSVI fuel Details 8US: Oil, natural gas going different directions Details 8Indonesia plans new gas pricing for industrial users in March Details 8Pavilion Energy expands beyond Asia, starts operations in Europe Details 8Asia most dependent on Middle East crude oil, LNG supplies Details 8Norway sees rapid growth in oil output from 30-year lows Details 8Oil steadies around levels prevailing before U.S.-Iran attacks Details 8Commodity prices, access to capital among top risks for oil and gas companies: Moody's Details 8Canada's Cenovus Energy aims for 30 per cent cut in emission intensity by 2030 Details 8Iraq raises Feb Basra crude prices to Asia Details 8Exclusive: China suspends national rollout of ethanol mandate - sources Details 8Airlines face higher fuel bills as they avoid Iran, Iraq amid tensions Details 8Auto LPG suppliers raise concerns over stalled growth of eco-friendly fuel Details 8PetroChina produces 8.03 bcm shale gas from Sichuan in 2019, up 88% Details 8BP announces first venture into artificial intelligence technology in China Details You can also click on Newsclips for moreDetails
NPK Fertilizer Expansion Project 8Cost - Rs 190 crore 8Project Event: The project has been elicited the environment clearance in September 2019, RFQ for the EPC contractor is likely to be released in February 2020 now while earlier it was meant to come out in December. Click here for more details Sulphuric Acid Expansion Project 8Cost - Rs 100 crore 8Project Event: The project has been commissioned and RFQ for the sulphur is likely to be released in February 2020. Click here for more details (Available only through www.indianfertilizer.com)Details
What kind of pricing matrices will ONGC's tender for 10 offshore vessels -- two, 120 tonne AHTS, one, 80 tonne AHTS, two, 3000 tonne PSVs and three, 1500 tonne OSVs -- likely to elicit? 8Some cold stacked vessels may come into play, it seems 8Pricing will be a complicated business though. Click on Details for more
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The 2G bio-refinery business seems to have hit a dead end in India, at least for now. 8There is now increasing skepticism whether stable technology is available at all for such units 8Get an update on progress made, or not made, in some of the key 2G projects so far. Click on Details for more
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Project Name:Kharagpur Greenfield LPG Bottling Plant Project 8Project Cost: Rs 161 crores 8Project Event: RFQ for the Electrical and Instrumentation work along with SCADA and automation is expected in February-2020. Click here for more detailsDetails
When an oil & gas manpower supplier transforms into an E&P operator, the transition is never an easy one as South Asia Consultancy Ltd is figuring out with its DSF-1 field 8Nevertheless the company is prodding on. 8It has got itself a consultant which is doing the DFR and all other related consultancy work 8March, 2020 is when it is expected to come out with drilling rig services and related RFQs Click here for more detailsDetails
For reference purposes the website carries here the following tenders: 8Annual Maintenance Contract for Fire Water Spray System Details 8Hiring of Vehicles for JHBDPL Phase 2A ProjectDetails 8Procurement of Cleaning Pigging Spares Details 8Supply of Garnet for a period of six months Details 8Strengthening of existing Technological Structure Details 8Supply of Electric Motor Driven Variable Suction Reciprocating CNG Compressor Package Details 8Provision of Internal Floating Roof for Existing Cone Details 8Bathymetry and CIPL Survey of Pipelines in water bodiesDetails 8Procurement of Vertical Centrifugal Pumps Details 8Procurement of Skid Mounted Rectangular Storage Tank Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Petrol, diesel prices stabilise, crude oil rates surge Details 8Bharat Petroleum Refinery employees extend support to All India strike Details 8L&T Infrastructure Finance to provide Rs 518 crore loan to AG&P for CGD network Details 8Cabinet approves Rs 5,559 crore VGF funding for 1,600 Km Indradhanush gas grid project Details 8No crisis, preparing to deal with all kinds of situation: Pradhan on heightened US-Iran tensionsDetails 8No duty cuts to soften fuel spike: Dharmendra Pradhan Details 8Exclusive: China suspends national rollout of ethanol mandate - sources Details 8Airlines face higher fuel bills as they avoid Iran, Iraq amid tensions Details 8Auto LPG suppliers raise concerns over stalled growth of eco-friendly fuel Details 8Vladimir Putin visits Turkey to talk Libya, Syria and gas Details 8Oil spikes after Iran attacks US forces Details 8China to open oil, gas exploration, production to foreign firms Details You can also click on Newsclips for moreDetails
8Clarifiactions given to potential bidders against ONGC's Platform Supply Vessel tender, in which the vessel needs to have the capacity to make pure water while also be equipped with fire fighting capacity, has not been found to be satisfactory. Find out moreDetails
8Project Name: Ratna R Series Platform Development 8Project Cost: Rs 4476 crore 8Project Description:Oil and Natural Gas Corporation Limited has floated the tenders for the Supply, Installation and Commissioning of Water maker and submersible pump at R-12A platform for Ratna R Series Platform Development project. The last bidding date for the tender is 13th January 2020, but another extension has been proposed for the tender. But the project timelines will continue to remain tight.Details
The tender for the Pipeline Replacement Project (PRP-7) in Western Offshore Basin is out 8A PQC meeting for the tender is scheduled by 10th January 2020 8Who are the potential bidders for this project? Click here for more detailsDetails