Infrastructure is the key constraint in India's transition to a gas based economy. 8The evacuation pipelines are not, is how the world sees it 8And even as there is an urgent need to build pipelines, there are few who are willing to take the risk to build them Click on Details for more
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Given the high volatility in the LNG market, there is a need for daily monitoring of movements 8Also, there is a requirement to track factors behind such movements 8The big question now is will US capacities shut down 8There are also bulls lurking around the corner, who claim that there are killings to be made Click on Details for more
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Will Nayara's expansion plan be impacted by US sanctions on a key Rosneft subsidiary? 8Rosneft is the primary promoter along with Trafigura of the Indian refinery Click on Details for more
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A shallow water offshore block is in need of integrated drilling services 8It is "do-it-all-yourself" kind of a requirement Click on Reports for more
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The marine fuel market has become increasingly muddy. 8Till sometime ago, scrubbers were in, and there were claims that they could recoup costs within one year 8But the narrative seems to have changed now. A cost analysis of vessels with and without scrubbers over a 15-year lifecycle indicates that it is beneficial for a ship to run on LSFO even if the price differential between LSFO and HSFO remains at the current level of $300 per mt. Click on Reports for more
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Petronet LNG Ltd was able to hold out against intense pressure from the US White House and concomitantly from the PMO to sign a deal with Tellurain Inc for an equity commitment 8On the bargaining table, PLL boss Prabhat Singh emerged a hero, holding firm against the might of the entire US administration Find out what transpired
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For reference purposes the website carries here the following tenders: 8Procurement of MOV Ball Valves for Krishnapattnam & Ennore Costal Installation Details 8Two Years Rate Contract for Operation of pet coke handling system in refineryDetails 8Dismantling and Disposal of Existing CDU-I and FPU Unit Details 8Dig verification and repair work of Anomalies in JNPT VASHI Pipeline (JVPL) as per In Line Inspection report Details 8Procurement of Electromagnetic Flow Transmitters Details 8Shifting and Modification of Fire Water Network around Pipeline Tanks Details 8Procurement of Lifting Tools and Tackles Details 8Procurement of Plate Heat Exchangers Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India's domestic gas demand at inflection point, to rise by 66 per cent in 5 yrs Details 8IOC invests Rs 3,000cr to upgrade Haldia refinery for BS-VI Details 8No reason why India won't see a V-shaped recovery from coronavirus crisis: Jehangir Aziz, JPMorgan Details 8Numaligarh refinery starts supply of BS-VI petrol and dieselDetails 8Coronavirus outbreak: Petrol, diesel set to get cheaper as crude oil hits 13-month low Details 8PNGRB plans to allow lenders to replace defaulting city gas companies Details 8BS-VI fuel supply from April 1: IOCL Details 8HPCL buys 17.28 per cent stake in Petronet MHB for Rs 185.38 cr Details 8Oil rises on short-covering despite growing fears over coronavirus Details 8Chesapeake reports quarterly loss on lower natural gas prices Details 8UK GAS: Prompt prices inch up on lower LNG supply Details 8Indonesia's PLN signs initial 20-year deal to buy gas from Pertamina Details 8Saudi cuts March oil volumes to China by at least 500,000 bpd Details 8US considers more water recycling, including from oilfields Details 8EU imposes sanctions on two people over Turkey's hydrocarbon drilling off Cyprus Details 8Lebanon begins 'historic' offshore oil drilling amid crisis Details You can also click on Newsclips for moreDetails
Progress is being made in pushing through the Barauni refinery expansion 8Work on hiring out the EPC packages for the refinery expansion has now begun Click on Details for more
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Now that Manoj Jain has been elevated from GAIL's marketing director to chairman, the race for the vacant slot is hotting up. 8Find out more on who are in the race
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Every retiring or recently retired oil sector chief executive could take a shot at becoming the next PNGRB chief, now that incumbent DK Sharraf is retiring. 8Does former GAIL chairman B.K. Tripathi have a chance? Click on Details for more
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Ammonia-Urea Brownfield Project 8Cost - Rs 6000 crore 8Project Event: The procurement & installation work is ongoing, RFQ for the bagging, buildings, wagon loading platform, conveyor gantry, transfer tower and pipe rack structure for ammonia-urea fertilizer plant has been released and bid due is extended from 31 January 2020 to 3 March 2020. The project is likely to be commissioned in December 2021. Click here for more details Urea Casale Revamp Project 8Cost - Rs 137 crore 8Project Event: The project has been delay by three months due to procurement work, all the equipment and services have reached the site. The revamp is likely to be implemented in April /May 2020 shutdown. Click here for more details (Available only through www.indianfertilizer.com) Details
The onland seismic survey business has become commoditized. Even so, only a handful of bidders are in the picture 8ONGC tendered out for 3D seismic services for the A&AA basin in three areas 8While the L-1 bidders were selected for three, in one area, where Alphageo is the sole bidder, it runs the risk of losing out on the tender Click on Details for more
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Project Name: Paradip-Somnathpur-Haldia Greenfield Product Pipeline 8Project Cost: 1300 crores 8Find out what kind of RFQs can still be ahead Click here for more detailsDetails
8Project Name: CY-ONHP-2017/1 Drilling Site Development 8Project Cost: Rs 1400 crore 8Project Description:Oil and Natural Gas Corporation Limited's RFQs for the hiring of EIA services for the 40 well exploration drilling programme in the CY-ONHP-2017/1 block in Cauvery Basin are expected to be released by Q2 end 2020. 8Project Event: RFQs for EIA services is expected by Q2 end 2020. RFQs for the hiring of 400 LKM 2D and 50 SKM 3D seismic survey services by Q2 end 2020. RFQs for drilling rigs is expected by Q4 2020. Click here for more detailsDetails
8Project Name: Raniganj South Field Drilling 8Project Cost: Rs 2500 crore 8Project Description:Great Eastern Energy Corporation Limited is believed to have issued a selective tender to various EPC contractors for the construction of 5 Gas Gathering Stations, Central Gas Station and interconnecting pipelines this month. As per a source related with the matter, the contracting process is expected to finish by April 2020. Furthermore, the drilling job is planned to be taken up next year and will involve vertical drilling of 144 CBM wells. 8Project Event: LOI for the production facilities is expected to be awarded by April 2020 Click here for more detailsDetails
8Project Name: AA-ONHP-2017/19 Block Exploration 8Project Cost: Rs 100 crore 8Project Description:Hindustan Oil Exploration Company Limited is believed to have issued selective RFPs for workover drilling services and drilling tangibles to start exploration activities in AA-ONHP-2017/19 block in Assam in December 2019. The tenders for the project are expected to be awarded by Q2 2020. As per the sources, the drilling plan in the block is expected to start by Q1 2021. However, the FDP and other necessary clearances are yet to be granted. 8Project Event: LOI for the project is expected to be awarded by Q2 2020. Click here for more detailsDetails
Get an update on expected growth in LNG liquefaction capacity in 2020 and 2021 82019 was a record year for new investment in liquefaction plants 8While new capacity is coming up, what exactly is the breakeven price of LNG at which these projects are viable? Click on Details for more
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Cheniere Energy Plc, with whom GAIL has an LNG offtake agreement, is also facing a blacklash from the Coronavirus. 8The momentum to sign up long term contracts has dropped. 8But Cheniere's business model is structured in a manner that the risk is on the offtaker like GAIL. 8The largest response to low prices has come from India Click on Details for more.
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For reference purposes the website carries here the following tenders: 8Services of retrieval of pipes and fittings and transportation of pipes and fittings Details 8Cold Forged High Tensile Precision Hexagonal Head Bolts with NutDetails 8Pile Foundation Supports for Pipelines at VNWOT Details 8EPMC Services Pipeline at Patalganga Details 8Supply of Microprocessor based Flue Gas Analyzer Details 8Annual Rate Contract (ARC) for supply of 5 KVA Servo StabilizerDetails 8Supply of Sacrificing Anodes for Heat Exchangers Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India's Petronet explores buying LNG under 10-year contractDetails 8Moody's downgrades rating of HPCL-Mittal Energy Ltd Details 8India's BPCL seeks LNG cargo for late March delivery Details 8BPCL looking at buying rare grades of crude oil at cheaper rates Details 8After Trump's India visit, Oil and gas imports from United States set to increase Details 8BP to quit main US refining lobby over carbon policy Details 8US renewable fuel prices climb 25 per cent after report on small refinery waiver program Details 8Lebanon to begin offshore energy drilling on ThursdayDetails 8Vedanta interested in BPCL, keeping an eye on valuation Details 8Crude Oil price falls for fifth day as coronavirus spreads outside of China Details 8WTI crude below $50 as coronavirus fears deepen Details 8Russia's Yamal says produced 18.4 million tonnes of LNG in 2019 Details 8PetroChina buys one out of three LNG cargoes traded on Platts' pricing process Details 8Malaysia's Petronas posts lower profit, warns of market volatility Details You can also click on Newsclips for moreDetails
AG&P's Karikal LNG project is different in scope and ambition from other LNG projects in India. It is a smaller project, developed by a foreign company which is not an oil & gas major, and it is coming up in an area where demand is not going to be easy to cater to. Their model is more plug and play in comparison to other terminals 8What kind of LNG procurement policies will it follow? 8Will it look at spot or long term cargoes? 8According to the company, how long does it expect the current supply gap to continue? 8How does it plan to feed gas to its CGD entities? Click on Details for more.
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Find out more on why it may become difficult for oil prices to stay below the $60/bbl mark 8And it is not just OPEC action to cut production when the price goes low that will keep prices high 8There is another more fundamental reason. 8This will also concomitantly have an impact on the continuing spread between oil and hub indexed LNG prices Click on Details for more
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ONGC's attempt to quicken up work at the Sagar Samrat Conversion Project, which involves converting a company owned rig into an MOPU, after it sacked one member of the construction consortium and joined up with the other, seems not to have yielded the desired result. 8Find out what has gone wrong with the deal, how it is contributing to the company's failure to meet its target production figures, with 15 already compelted wells in the WO-16 Cluster awaiting the delivery of the MOPU for a long time.
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HPCL's Barmer refinery project, where some LOIs have already been issued, seems to have run into serious trouble. 8Hectic internal meetings are on between HPCL and EIL brass to find solutions to what is becoming an intractable problem Click on Details for moreDetails
What is the latest status on the bidding for the Petrochemical units of Nayara refinery? 8The due date for bid submission of bigs for packages were meant to expire this month Click on Details for more Details
Phosphoric acid Expansion Project 8Cost - Rs 500 crore 8Project Event: Get in touch with project in-charge in case you want to sell equipment and services here Click here for more details Ammonia-Urea Brownfield Project 8Cost - Rs 6000 crore 8Project Event: The mechanical and commercial completion dates have been rescheduled Click here for more details (Available only through www.indianfertilizer.com)Details
8Project Name: MB/OSDSF/NMT/2018 Block Exploration 8Project Cost: Rs 300 crore Tenders have been delayed from what was last anticipated Click here for more detailsDetails
8Project Name: AA-ONHP-2018/3 Block Exploration 8Project Cost: Rs 200 crore 8Project Event: RFQs for seismic survey and seismic data interpretation are expected early in March now But RFQs for EIA consultant is expected much later than when it was anticipated Click here for more detailsDetails
Project Name: Ethylene Cracker Unit. 8Project Description:The site survey has been done by a consultant. Capital approval will take time. RFQs for EIA consultant are expected soon. 8Project Event: RFQ for EIA is expected by March-2020. Click here for more detailsDetails
For reference purposes the website carries here the following tenders: 8Procurement of Wandfluh GMBH Make solenoid Valves and Proportional Valves spares Details 8Supply of RTD ( Resistance Temperature Detectors)Details 8Supply of Level Transmitters and Zener Barriers for Fire Water Tanks Details 8Civil SOR at Bilaspur RO Details 8Procurement of Pig Launcher & Receiver for Krishnapattnam & Ennore Costal Installation Details 8Providing Security Services at Mumbai Aviation Fuel Farm Details 8Procurement of MOV Ball Valves for Krishnapattnam & Ennore Costal Installation Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Tamil Nadu: Now, ask for weight check, leak tests during LPG refill Details 8IOC to set up EV charging stations across Kerala Details 8India, US sign three pacts in health and oil sectorsDetails 8India's import of US oil jumps 10-fold to 2,50,000 bpd Details 8Oil minister Pradhan says India not responsible for global warming, will continue to use coal Details 8Trump warns of more U.S. sanctions on Venezuelan oil sector Details 8Coronavirus impact: BPCL snaps up 500 mn barrels of distress crude Details 8OPEC+ countries should not be complacent about coronavirus: Saudi energy minister Details 8Oil giant halts controversial drill plans in Australia Details 8Crude oil futures up on spot demand, global cues Details 8China opens fuel export taps as coronavirus slams domestic demand Details 8Saudi Aramco to shut its largest oil refinery on June 1 for 5-6 weeks Details 8Oil steadies above $56 as supply constraints counter virus fears Details 8Torchlight Energy strikes oil, gas at Orogrande test well Details 8Oil rises on short-covering despite growing fears over coronavirus Details 8Oil and gas imports from United States set to increase Details 8Falling LNG rates may hit discoveries: Industry executives Details 8India, US look at energy to bridge trade gap Details You can also click on Newsclips for moreDetails
For reference purposes the website carries here the following tenders: 8Supply of portable mutli gas detectors Details 8Instrumentation Scope for Installation of Sulphur Analyzers in refineryDetails 8Supply, installation, testing and commissioning of PT in existing Jyoti make feeder panel Details 8Supply Installation Testing and Commissioning of Central Space Heating System Details 8Supply of Governing System spares of CRU RGC Drive Turbine Details 8AMC for repairing, servicing and calibration of BW Honeywell make gas detectorDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Deal for piped gas, Indo-Pacific capacity building on agenda for Modi-Trump summitDetails 8GAIL to invest Rs 1.05 lakh cr to create infra for gas-based economyDetails 8GAIL plans to double revenue in five years: Chairman Details 8GAIL readies Rs 1 lakh crore war chest for gas grid, petrochemical expansion Details 8GAIL consults other PSUs on how to deal with claims for AGR dues Details 8CPKA to design township of HPCL Rajasthan Refinery Details 8Oil prices slide over 3 per cent on demand concerns as virus spreads Details 8Saudi Aramco CEO expects coronavirus impact on oil demand to be short-lived Details 8Oil bounces as investors hunt bargains; virus fears cap gains Details 8Saudi Aramco launches largest shale gas development outside U.S. Details You can also click on Newsclips for moreDetails
The IMO 2020 regulations on use of low sulphur fuel seems to be yielding some unintended consequences. 8The switchover has the potential for some blended low sulphur fuels to produce more black carbon than the fuels they replaced. 8Black carbon emissions are a short-lived pollutant that absorbs sunlight and traps heat in the atmosphere. While it stays in the atmosphere for only a few days or weeks, its impact is that it traps 3200-times more heat in the atmosphere than carbon dioxide, measured over a 20-year period. 8When black carbon settles in the Arctic, it reduces the reflectiveness of the snow and ice and generates heat, which accelerates melting. This makes the Arctic – which according to reports is already warming twice as fast as the rest of the world- particularly sensitive to these emissions. 8So what will the implications of this on fuel suppliers? Click on Reports for more
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Ammonia-Urea Revamp Project 8Cost - Rs 6000 crore 8Project Event: The pipeline connectivity is still not there. When is commissioning likely? The project will consume 2.4 msmcmd of gas. Click here for more details Phosphoric Acid Expansion Project 8Cost - Rs 1100 crore 8Project Event: Jacob is the EPCM contractor and the RFQ for the long lead item is getting released one by one. The construction has been started in February 2020 and commissioning is likely to be completed in December 2021. Click here for more details (Available only through www.indianfertilizer.com)Details
8Project Name: RJ-ON/6 Block Development 8Project Cost: Rs 2570 crore 8Project Description:Focus Energy Limited is planning the development drilling of 522 gas development wells, 40 appraisal wells and 5 gas production and processing facilities each of 65 mmscf/d and other associated pipelines in RJ-ON/6 Block, Jaisalmer in Rajasthan. Find out more, including when RFQs are expected Click here for more detailsDetails
As our CGD database gets richer, there are many insights that our viewers can gain 8There will of course be a whole lot of forward looking intelligence on equipment and service requirements. Viewers can pinpoint where to target 8Then again, even for gas suppliers, there will a treasure house of information, particularly for those looking at supplying virtual pipelines. There will be an avalance of orders going ahead Here is the update for the day: 8Project Name: Angul and Dhekanal Districts City Gas Distribution 8Project Description:Bharat Gas Resources Limited has been granted permission on August 10, 2018 to set up a CGD network in Angul and Dhekanal districts in state of Odisha. The entity won the project under the 9th CGD bidding round. The CGD network has a coverage area of 11151.60 sq. km. 8MECON is the PMC. Gas is expected to be drawn from GAIL's Bokaro-Dhamra Natural Gas Pipeline through a spurline to Angul. Although the operator isn't waiting for the pipeline to be constructed and will setup a virtual pipeline for supply of natural gas. 8Project Event:RFQs for laying and construction of underground steel pipeline network and associated works is expected later in Q3, 2020. RFQs for CNG compressors and associated auxiliaries are expected by Q4 2020. RFQs for equipments for CNG stations and auxiliaries are expected by Q4 2020. RFQs for CNG dispensers are expected by Q4 2020. Click here for more detailsDetails
Find out how fresh developments in Malaysia may help the Afcons-Sapura bid for the Ratna R-Series field 8There is currently a reserve price revision going on Click on Details for more
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HOEC has hit good gas and oil flow rates out of its first well in its offshore DSF field. 8The rig now goes on to drill the second well. 8The company's Field Development Plan consists of drilling two wells to produce oil and gas, which will be processed through a Mobile Offshore Process Unit (MOPU). The processed oil will be exported through a Floating Storage Unit and gas will be delivered to Gujarat Gas Market by tapping into an existing gas pipeline system of ONGC Click on Reports for more
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A high-value Single Buoy Mooring System RFQ is coming out in the second half of March instead of February as was envisaged earlier 8An installation RFQ is also expected thereafter Click here for more detailsDetails
Established bidders are very miffed over ONGC's onoing 10-vessel tender 8"We losing money over it already," said one bidder 8Why is that so? Click on Details for more
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Projects and Development India Ltd is up for sale again after the deal with Engineers India Ltd went sour 8The company has a fair amount of internal strength, and if privatized, it can turn the corner, perhaps, but there is one thing which makes it an undesireable acqusition. Click on Details for more
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The AG&P terminal will be the second terminal to be owned by a foreign company. Shell owns the other one 8AG&P is setting up the terminal in a area where demand is sparse. It will work in a hostile environment, where the competition wants to ensure it does not get the traction that a new player needs 8Even so, AG&P sees a market where others may not, using a flexible model, with modular design and virtual pipeline capabilities 8The zero date for the terminal has begun. It has set itself a 300 km hinterland in which it will operate. It claims that it will introduce first-of-its-kind gas solutions in India Click on Details for moreDetails
Black swans events are no longer catch phrases in the shipping industry as the Coronavirus has now shown 8The industry is also witnessing issues of its own: from a potentially two-tier market, with and without scrubbers, the experience now is that it is a multi-tiered market, with various levels of complications. 8Moreover, especially for scrubbers-fitted units, freight rates are following a completely different orbit than what was presented by the quoted Baltic freight indices. 8With the market in disarray, where uncertainty is the prevailing sentiment, the mispricing of different asset classes is the obvious outcome Click on Details for more
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DAP Greenfield Project 8Cost - Rs 1375 crore 8Project Event: Progress is being made, company in negotiations with banks with a view to provide capital approval. RFQ for the EPC contractor is likely to be released in April 2020. Click here for more details NPK-SSP & Sulphuric Acid Expansion Project 8Cost - Rs 15 crore 8Project Event:RFQ for a contractor is likely to be released after environmental clearance. The public hearing has been completed but environmental clearance is due and it is likely to be elicited at the end of March 2020. The RFQ for the EPC contractor is likely to be released in April 2020. Only available through www.indianfertilizer.com.Details
For reference purposes the website carries here the following tenders: 8Supply, Installation & Commissioning along with Annual Maintenance Contract of Truck Mounted Mobile Steam Generator Details 8Repair & Maintenance of various Early Production System installations for Onshore BlocksDetails 8Supply of Globe type Control Valves Details 8Composite works for Hassan Cherlapally LPG pipeline Details 8Supply, Transportation and Installation of Retro Reflective High Masts Details 8Supply of specified Grades of Bitumen Emulsions Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Tamil Nadu: AG&P breaks ground to set up LNG Terminal at Karaikal Port Details 8Trump's agriculture department announces 30 per cent biofuel goal for 2050 Details 8Gail India issues tender to buy and sell LNG cargoes Details 8Regulator approves Total’s stake buy in Adani gas Details 8Tamil Nadu passes law, no fresh nod for oil exploration in Cauvery Delta region Details 8Karaikal LNG terminal to start operations by Q4 2021 Details 8BPCL sale: Govt hopeful of completing stake sale in first half of 2020-21 Details 8Supreme Court dismisses Adani Gas' plea against piped gas distribution award Details 8India refiners getting rare oil cheap as China demand slows Details 8Belarus says fair price for Russian gas $90 per 1,000 cubic metres Details 8Rosneft faces logistics headache over sanctioned Swiss oil trader Details 8Oil retreats in face of renewed coronavirus uncertainty Details 8Pact on energy cooperation likely: Robert Lighthizer not part of visiting US delegation Details 8Saudi Arabia to develop Jafurah unconventional gas field with $110 bln investment Details 8US blacklisted Casimiro resigns from board of refiner Nayara Energy Details 8AG&P says it is confident of investment in two more LNG terminals Details 8Oil firms on supply threats and easing demand woes Details 8Asia to absorb LNG supply growth from mid-2020: Shell Details 8Qatar Petroleum signs deal with Engie-owned French LNG terminal Details 8Oil prices slide as coronavirus spread beyond China raises demand worries Details 8Oil prices fall 2 per cent on demand concerns as coronavirus spreads outside China Details 8Time for Namaste Trump amid hopes of closer energy, defence ties Details 8China Resources Gas to start off-season prices 2-months earlier to cushion virus hit Details You can also click on Newsclips for moreDetails
8Project Name: MN-ONHP-2018/5 Block Exploration 8Project Cost: Rs 150 crore 8Project Description: Oil India Limited has started exploration activities in MN-ONHP-2018/5 block in Mahanadi Basin. The block has been awarded to the company under the OALP bid round 3 in 2019 and covers an area of about 2299.74 sq km. Click here for more detailsDetails
8Project Name: Ujjain, Dewas and Indore (Except area already authorized) Districts City Gas Distribution 8Project Cost: Rs 200 crore 8Project Description:Gujarat Gas Limited, has been granted permission on March 29, 2019, has set up a CGD network in Ujjain, Dewas and Indore (Except area already authorized) districts in Madhya Pradesh. The survey for the pipeline was done by SECON. Gas is expected to be drawn from GSPL's Ujjain-Ratlam pipeline Network through a spur line to Indore and Devas which will be ready by next year. 8Project Event:RFQs for laying and construction of underground steel pipeline network and associated works is expected later in Q3, 2020. RFQs for laying and construction of MDPE pipeline network and associated works is expected later in Q3, 2020. RFQs for CNG compressors and associated auxiliaries are expected by Q4 2020. RFQs for equipments for CNG stations and auxiliaries are expected by Q4 2020. Click here for more details, including key contactsDetails
Project Name: Greenfield gas pipeline project 8Project Cost: Rs 1740 crore 8Project Event: RFQ for pumping units is expected in April-2020. Click here for more detailsDetails