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Apr 2019
8Project Name: Visakhapatnam Refinery Expansion Project
8Project Cost: Rs 21000 crore
8Project Description: Among the sub-contractors involved in the project are Galacon Infrastructure and Projects, A R Infratech, Sri Sai Ram Construction, Air Oil Flare. Find out what else is up.
8Project Event: RFQ for the installation work for the instrument cable tray is expected by June 2019. RFQ for the mechanical work of Full Conversion Hydrocracker Unit (FCHCU) is expected by July 2019.
8Expenditure Approval: Q4:2016
8RFQ Date: Jun/2019
8Release Date: Jul/2019
8Start Date: Q1:2017
8Completion Date: Q2:2020
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8Project Cost: Rs 21000 crore
8Project Description: Among the sub-contractors involved in the project are Galacon Infrastructure and Projects, A R Infratech, Sri Sai Ram Construction, Air Oil Flare. Find out what else is up.
8Project Event: RFQ for the installation work for the instrument cable tray is expected by June 2019. RFQ for the mechanical work of Full Conversion Hydrocracker Unit (FCHCU) is expected by July 2019.
8Expenditure Approval: Q4:2016
8RFQ Date: Jun/2019
8Release Date: Jul/2019
8Start Date: Q1:2017
8Completion Date: Q2:2020
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ONGC has now floated a new tender for the charter hiring of Anchor Handling Tug-Cum Supply Vessels, Platform Supply Vessels and Offshore Supply Vessels.
8The overall contract period will be for 3 years.
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8The overall contract period will be for 3 years.
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8Project Name: Vijayawada POL Terminal Expansion Project
8Project Cost: Rs 150 crore
8Project Description: Find out who is the PMC and what work has already been awarded.
8Project Event: RFQ for the civil and structural work is expected by June 2019.
8Expenditure Approval: Q3:2017
8RFQ Date: Jun/2019
8Release Date: Jul/2019
8Start Date: Q4:2018
8Completion Date: Q3:2021
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8Maintenance work coming up in a 2.2 MMTPA DHDS unit
Click on Details for key contacts and project description. Details
8Project Cost: Rs 150 crore
8Project Description: Find out who is the PMC and what work has already been awarded.
8Project Event: RFQ for the civil and structural work is expected by June 2019.
8Expenditure Approval: Q3:2017
8RFQ Date: Jun/2019
8Release Date: Jul/2019
8Start Date: Q4:2018
8Completion Date: Q3:2021
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8Maintenance work coming up in a 2.2 MMTPA DHDS unit
Click on Details for key contacts and project description. Details
Ammonia - Urea & Captive Power Plant Greenfield Project
8Cost - Rs 10000 crore
8Project Event: The project is on hold for one month. Activity is likely to be started in June 2019.
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Ammonia-Urea Energy Saving Project
8Cost - Rs 217 crore
8Project Event: The project has signed all the agreement with Siemens for the long lead item and delivery is ongoing. The erection is ongoing at the site, the project is likely to be commissioned in Nov 2019.
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8Cost - Rs 10000 crore
8Project Event: The project is on hold for one month. Activity is likely to be started in June 2019.
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Ammonia-Urea Energy Saving Project
8Cost - Rs 217 crore
8Project Event: The project has signed all the agreement with Siemens for the long lead item and delivery is ongoing. The erection is ongoing at the site, the project is likely to be commissioned in Nov 2019.
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8Project Name: Drilling Field Development
8Project Cost: Rs 2110 crore
8Project Description: Oil India Ltd's 67 Onshore Oil & Gas development drilling project in Jorajan area of Tinsukia and Dibrugarh district of Assam has been delayed by a year, on account of a delay in grant of the forest clearance for the project.
8Project Event: RFQ for hiring drilling services is expected by Q4 2019.
RFQ for hiring an EPC contractor for gas pipeline is expected by Q1 2020
8Expenditure Approval: Q4/2017
8RFQ Date: Q4/2019
8Release Date: Q4/2019
8Start Date: Q2/2020
8Completion Date: Jun/2022
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8Project Cost: Rs 2110 crore
8Project Description: Oil India Ltd's 67 Onshore Oil & Gas development drilling project in Jorajan area of Tinsukia and Dibrugarh district of Assam has been delayed by a year, on account of a delay in grant of the forest clearance for the project.
8Project Event: RFQ for hiring drilling services is expected by Q4 2019.
RFQ for hiring an EPC contractor for gas pipeline is expected by Q1 2020
8Expenditure Approval: Q4/2017
8RFQ Date: Q4/2019
8Release Date: Q4/2019
8Start Date: Q2/2020
8Completion Date: Jun/2022
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How is Oil India doing with its 2D shoots under the National Seismic Programme?
8When are first results likely
8There have been problems in acquiring seismic data in Manipur and Nagaland
8Will timelines be met?
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8When are first results likely
8There have been problems in acquiring seismic data in Manipur and Nagaland
8Will timelines be met?
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This is one foreign company that seems to be willing to bet big in the Indian CGD business as a corollary to its interest in setting up an LNG terminal.
8Atlantic Gulf & Pacific Company has drawn up big plans in India after winning a series of city gas licenses
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8Atlantic Gulf & Pacific Company has drawn up big plans in India after winning a series of city gas licenses
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8Project Name: Offshore Drilling
8Project Cost: Rs 600 crore
8Project Description: Oil and Natural Gas Corporation Limited has initiated the process for the grant of Coastal Regulatory Zone Clearance for PBS-1-1 Extn PML, 6 well exploratory drilling programme in Cauvery basin, Tamil Naidu. In the meanwhile, the RFQs for the hiring of a jack-up rig and the equipment have been rescheduled and will be floated once the owner receives the go-ahead signal from the Tamil Nadu Clearance Authority.
8Project Event: RFQ for hiring an Ultra shallow jack-up rig is expected by Q3 2019
RFQ for the equipment is expected by Q3 2019
8Expenditure Approval: 2018.
8RFQ Date: Q3/2019
8Release Date: Q3/2019
8Start Date: Q1/2020
8Completion Date: Q4/2022
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8Project Cost: Rs 600 crore
8Project Description: Oil and Natural Gas Corporation Limited has initiated the process for the grant of Coastal Regulatory Zone Clearance for PBS-1-1 Extn PML, 6 well exploratory drilling programme in Cauvery basin, Tamil Naidu. In the meanwhile, the RFQs for the hiring of a jack-up rig and the equipment have been rescheduled and will be floated once the owner receives the go-ahead signal from the Tamil Nadu Clearance Authority.
8Project Event: RFQ for hiring an Ultra shallow jack-up rig is expected by Q3 2019
RFQ for the equipment is expected by Q3 2019
8Expenditure Approval: 2018.
8RFQ Date: Q3/2019
8Release Date: Q3/2019
8Start Date: Q1/2020
8Completion Date: Q4/2022
Click here for more details Details
Like with PRGRB, sources in the Canadian super fund Brookfield, whose India Infrastructure Fund last month took over ownership of the East West Pipeline Ltd (EWPL) told this website that they had also heard news reports of alleged wrongdoing relating to the costing of the pipeline but had no comments to offer.
8The pipeline deal was announced by Reliance Industries Ltd on March 14, 2019, two days after the PNGRB had raised the pipeline tariff by 37% from Rs 52.23/mmbtu to Rs 71.66/mmbtu.
8The pipeline was acquired for a sum of Rs 13,000 crore but only on an agreement with RIL that the reserve capacity will be 38 mmscmd instead of the sanctioned 58 mmscmd Any unutilized capacity payment by RIL will be the difference between Rs. 500 crore a quarter and actual revenue earned by the pipeline.
8RIL will continue to be entitled to transport gas, either by itself or of any customers, free of cost against any outstanding unutilized capacity payments
8If charges of over invoicing, vehemently denied by RIL and its promoters, are established and the PNGRB were to reduce the cost of the pipeline proportionately, it will severely impact the IRR on the investment made by the Canadian fund.
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8The pipeline deal was announced by Reliance Industries Ltd on March 14, 2019, two days after the PNGRB had raised the pipeline tariff by 37% from Rs 52.23/mmbtu to Rs 71.66/mmbtu.
8The pipeline was acquired for a sum of Rs 13,000 crore but only on an agreement with RIL that the reserve capacity will be 38 mmscmd instead of the sanctioned 58 mmscmd Any unutilized capacity payment by RIL will be the difference between Rs. 500 crore a quarter and actual revenue earned by the pipeline.
8RIL will continue to be entitled to transport gas, either by itself or of any customers, free of cost against any outstanding unutilized capacity payments
8If charges of over invoicing, vehemently denied by RIL and its promoters, are established and the PNGRB were to reduce the cost of the pipeline proportionately, it will severely impact the IRR on the investment made by the Canadian fund.
Click on Reports for more Details
The PNGRB while arriving at a 37% hike in tariff for the East West Pipeline last month had assumed a capex of Rs 16,307 for the East West Pipeline after adjusting downwards the capex claim of Rs 17,240 crore by the owners of the pipeline.
8The tariff was reviewed by appointing the services of an "internationally reputed consultant appointed through bidding". The consultant however was not named.
8If indeed the Dutch authorities were correct that the pipeline may have been gold plated to the extent of $1.1 billion, and they are far from fully establishing it yet, then theoretically the capex could go down by more than Rs 7000 crore. This, if taken cognizance by the PNGRB, will then have a severely negative impact on the tariff rate of the pipeline.
8"Just to be able to avoid allegations of overlooking gold plating, the PNGRB will have to strengthen its internal ability to determine the exact cost of all pipelines under its ambit in ways other than going entirely by what a consultant has to say. Also how the capex estimate is arrived at should be made transparent and public," a big gas user in the fertilizer sector told our sister publication, www.indianfertilizer.com. "Eventually, as a gas buyer, I have to pay for the higher cost, if any," he added.
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8The tariff was reviewed by appointing the services of an "internationally reputed consultant appointed through bidding". The consultant however was not named.
8If indeed the Dutch authorities were correct that the pipeline may have been gold plated to the extent of $1.1 billion, and they are far from fully establishing it yet, then theoretically the capex could go down by more than Rs 7000 crore. This, if taken cognizance by the PNGRB, will then have a severely negative impact on the tariff rate of the pipeline.
8"Just to be able to avoid allegations of overlooking gold plating, the PNGRB will have to strengthen its internal ability to determine the exact cost of all pipelines under its ambit in ways other than going entirely by what a consultant has to say. Also how the capex estimate is arrived at should be made transparent and public," a big gas user in the fertilizer sector told our sister publication, www.indianfertilizer.com. "Eventually, as a gas buyer, I have to pay for the higher cost, if any," he added.
Click on Reports and Details for more Details
Well placed PNGRB sources told this website that they have been monitoring news reports of alleged gold plating of the pipeline cost of Reliance Gas Transportation Infrastructure Ltd's East West Pipeline Ltd (EWPL). Dutch investigators have claimed that they have arrested three former employees of a local company which was involved in the construction of the pipeline for over-invoicing the cost of materials to the extent of an estimated $1.1 billion. The money was reportedly funneled back through a web of intricate transactions to a promoter group of Reliance Industries Ltd.
8It is to be noted however that both RIL and the promoter group have vehemently denied the allegations of the Dutch investigators.
8"If it is clearly established that there has been gold plating, PNGRB always reserves the right to review. In fact, we had put in a caveat in the tariff order regarding the pipeline last month that the tariff was decided based on the information given by the company and PNGRB intends to verify the data through its internal team or through an external agency and, accordingly, the tariff can be subjected to revision." PNGRB sources told this website.
Click on Reports and Details for more. Details
8It is to be noted however that both RIL and the promoter group have vehemently denied the allegations of the Dutch investigators.
8"If it is clearly established that there has been gold plating, PNGRB always reserves the right to review. In fact, we had put in a caveat in the tariff order regarding the pipeline last month that the tariff was decided based on the information given by the company and PNGRB intends to verify the data through its internal team or through an external agency and, accordingly, the tariff can be subjected to revision." PNGRB sources told this website.
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As per our estimates, a 9.8% increase in natural gas prices can potentially lead to a 4.7% increase in cost of production of urea, thus increasing the working capital intensity of the fertilizer manufacturers and also adding pressure on the fiscal spending of the government while disbursing the urea subsidy.
8Natural gas accounts for only 3%-4% of the total power generated thus the impact on the rise in price of natural gas will not be very significant.
8But the full impact of the price hike will be passed on to consumers by CGD companies. Even so, CNG usage is unlikely to see a downward movement given its high price differential in relation to completing liquid fuels.
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8Natural gas accounts for only 3%-4% of the total power generated thus the impact on the rise in price of natural gas will not be very significant.
8But the full impact of the price hike will be passed on to consumers by CGD companies. Even so, CNG usage is unlikely to see a downward movement given its high price differential in relation to completing liquid fuels.
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8Cummins has been able to garner a 20% market share in the under 100 KVA generator set category within two years of entering this segment.Click on Reports for more
8India has held the first Expression of Interest for an offshore solar plant in 2018, and the first offshore tender is expected during 2019. Draft auction rules were released during January 2019.Click on Reports for more
8McDermott International, Inc. announced that Chevron Lummus Global (CLG), McDermott’s joint venture with Chevron, has been awarded a technology contract by Chennai Petroleum Corporation Limited (CPCL) for the license and basic engineering design of a 2,500 KTA delayed coker at its planned Cauvery Basin Refinery at Nagapattinam in Tamilnadu.Click on Reports for more
8US LPG is being exported directly to India in a new evolution of global trade flow, with four Very Large Gas Carriers laden with LPG set to reach India in April, and cargoes have been set to be delivered for May and June as well.z. Click on Reports for more
8The Morbi ceramic cluster is capable of offtaking up to 6 mmscmd of gas even though producers are refusing to sign up so far despite court orders. Click on Reports for more
8Coal instead of oil-indexed pricing of LNG is now an acceptable pricing format.Click on Reports for more
8Spate of new CGD authorizations from PNGRB. Click on Reports for more Details
8India has held the first Expression of Interest for an offshore solar plant in 2018, and the first offshore tender is expected during 2019. Draft auction rules were released during January 2019.Click on Reports for more
8McDermott International, Inc. announced that Chevron Lummus Global (CLG), McDermott’s joint venture with Chevron, has been awarded a technology contract by Chennai Petroleum Corporation Limited (CPCL) for the license and basic engineering design of a 2,500 KTA delayed coker at its planned Cauvery Basin Refinery at Nagapattinam in Tamilnadu.Click on Reports for more
8US LPG is being exported directly to India in a new evolution of global trade flow, with four Very Large Gas Carriers laden with LPG set to reach India in April, and cargoes have been set to be delivered for May and June as well.z. Click on Reports for more
8The Morbi ceramic cluster is capable of offtaking up to 6 mmscmd of gas even though producers are refusing to sign up so far despite court orders. Click on Reports for more
8Coal instead of oil-indexed pricing of LNG is now an acceptable pricing format.Click on Reports for more
8Spate of new CGD authorizations from PNGRB. Click on Reports for more Details
Ammonium Nitrate Greenfield Project
8Cost - Rs 1750 crore
8Project Event: The company has hired Casale as technology licensor. The RFQ for the EPCM contractor is likely to be released at the end of April 2019.
Click here for more details
SSP-Sulphuric Acid & NPK Fertilizer Expansion Project
8Cost - Rs 75 crore
8Project Event: RFQ for a contractor is likely to be released after environmental clearance. The environmental clearance is due and it is likely to be elicited in May 2019. The RFQ for the EPC contractor is likely to be released in May 2019. Details
8Cost - Rs 1750 crore
8Project Event: The company has hired Casale as technology licensor. The RFQ for the EPCM contractor is likely to be released at the end of April 2019.
Click here for more details
SSP-Sulphuric Acid & NPK Fertilizer Expansion Project
8Cost - Rs 75 crore
8Project Event: RFQ for a contractor is likely to be released after environmental clearance. The environmental clearance is due and it is likely to be elicited in May 2019. The RFQ for the EPC contractor is likely to be released in May 2019. Details
8Project Name: Exploratory Drilling
8Project Cost: Rs 100 crore
8Project Description: Bharat PetroResources Limited's RFQs for the hiring of EIA consultancy services for CB/ONHP/2017/9 block have been delayed due to some internal reasons. Furthermore, the integrated drilling services tender will be floated in Q4 2019 instead of Q3 2019 as was reported earlier. The PEL validity extension process for the block is still under process.
Click here for more details for key contacts and project information Details
8Project Cost: Rs 100 crore
8Project Description: Bharat PetroResources Limited's RFQs for the hiring of EIA consultancy services for CB/ONHP/2017/9 block have been delayed due to some internal reasons. Furthermore, the integrated drilling services tender will be floated in Q4 2019 instead of Q3 2019 as was reported earlier. The PEL validity extension process for the block is still under process.
Click here for more details for key contacts and project information Details
8Project Name: Pipeline Development
8Project Cost: Rs 230 crore
8Project Description: EPCM, MECON is soon expected to float an RFQ for the hiring of O&M services.
8Project Event: RFQ for hiring O&M services is expected by Q3 2019.
8Expenditure Approval: Q4/2017.
8RFQ Date: Q4/2019
8Release Date: Q4/2019
8Start Date: Jun/2019
8Completion Date: Dec/2020
Click here for more details, including key contacts Details
8Project Cost: Rs 230 crore
8Project Description: EPCM, MECON is soon expected to float an RFQ for the hiring of O&M services.
8Project Event: RFQ for hiring O&M services is expected by Q3 2019.
8Expenditure Approval: Q4/2017.
8RFQ Date: Q4/2019
8Release Date: Q4/2019
8Start Date: Jun/2019
8Completion Date: Dec/2020
Click here for more details, including key contacts Details
8Oil India Limited has changed the bid eligibility criterion for the hiring of services for Modular Injection Facility & Supply of Chemicals for a Pilot Polymer Flooding for the Nahorkatiya field for a period of two years.
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Details
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Details
8Project Name: Barauni Refinery ATF Hydrotreating Unit Moderization Project
8Project Cost: Rs 189 crore
8Project Description: Get the latest update here
8Project Event: RFQ for the reactor, column and vessel is expected by June 2019.
8Expenditure Approval: Q2:2017
8RFQ Date: Jun/2019
8Release Date: Jul/2019
8Start Date: Q4:2018
8Completion Date: Q1:2021
Click here for more details for key contacts and comprehensive project data Details
8Project Cost: Rs 189 crore
8Project Description: Get the latest update here
8Project Event: RFQ for the reactor, column and vessel is expected by June 2019.
8Expenditure Approval: Q2:2017
8RFQ Date: Jun/2019
8Release Date: Jul/2019
8Start Date: Q4:2018
8Completion Date: Q1:2021
Click here for more details for key contacts and comprehensive project data Details
8Project Name: Harsidhi Greenfield LPG Bottling Plant Project
8Project Cost: Rs 150 crore
8Project Event: RFQ for the mechanical piping and firefighting work is expected by July 2019.
8Expenditure Approval: Feb/2017
8RFQ Date: Jul/2019
8Release Date: Aug/2019
8Start Date: Q3:2018
8Completion Date: Q3:2020
Click here for more details Details
8Project Cost: Rs 150 crore
8Project Event: RFQ for the mechanical piping and firefighting work is expected by July 2019.
8Expenditure Approval: Feb/2017
8RFQ Date: Jul/2019
8Release Date: Aug/2019
8Start Date: Q3:2018
8Completion Date: Q3:2020
Click here for more details Details
For reference purposes the website carries here the following tenders:
8Laying of polyethylene main pipelines and service pipelines Details
8Revamping/ Development, Implementation, hosting & maintenance of QOC application for Lubes SBU Details
8Top loading tank lorry requirement for road transportation of bulk petroleum products Details
8Supply of chain/ offset assy. for draw-works Details
8Comprehensive AMC for O&M of motor driven compressor packages Details
8Hiring of Truck Services on Callout Basis Details
8Architectural Consultancy Services for PH and PH Annex Details
8SCADA RTUs and apps systems for pipeline project Details
8Requirement of catering services Details
8Procurement of New Generation Centralizers Details
8Procurement of Level Transmitters Details
8Charter hire of Anchor Handling Tug-Cum Supply Vessels, Platform Supply Vessels & Offshore Supply Vessels Details
8Consultancy services for rain water harvesting in Surface Installations Details
8Hiring of Third Party Technical Security Audit of ICE Systems Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ATF should be brought under GST to provide level playing field: Prabhu Details
8IOC resumes fuel supply to Jet after assurances Details
8Cairn Energy's legal cost for fighting retro tax demand nearly triples Details
8Exercising your voting right will get you discount at petrol pumps Details
8Oil marketing firms looking at higher profits on improved marketing margin, inventory gains Details
8Indian Oil Corporation stops fuel supply to Jet Airways Details
8Pipeline opponents ask judge to strike down Trump's permit Details
8Fitch sees Brent crude at $62.5 in 2020 as economic woes bite Details
8Crude oil caught in a tug of war, US shale may fire up the bulls Details
8UK govt approves 1.7 GW gas-fired power plant in Teesside Details
8Engie bids $8.6 bn for Petrobras pipeline unit, topping competitors Details
8Shell hit with Dutch climate lawsuit Details
8Russia's Gazprom Neft in talks with Novatek on offshore cooperation Details
8Value of US oil deals plunges 93 per cent in first quarter Details
8Tokyo Gas signs deal to buy LNG from Shell Eastern Trading Details
8Oil price benchmarks are defying the laws of supply and demand Details
8Australia's Woodside signs LNG supply deal with China's ENN Group Details
8Egypt on track to end fuel subsidies by June 15: International Monetary Fund Details
8Saudi energy minister discusses oil market stability with Nigerian president Details
8Engie secures 70 per cent financing for purchase of Brazil pipeline Details
8Oil prices hit five-month highs on OPEC supply cuts, U.S. sanctions Details
8CEO of oil group sees no slowdown in US production Details
8Activist group withdraws resolution challenging Shell climate policy Details
You can also click on Newsclips for more Details
8Laying of polyethylene main pipelines and service pipelines Details
8Revamping/ Development, Implementation, hosting & maintenance of QOC application for Lubes SBU Details
8Top loading tank lorry requirement for road transportation of bulk petroleum products Details
8Supply of chain/ offset assy. for draw-works Details
8Comprehensive AMC for O&M of motor driven compressor packages Details
8Hiring of Truck Services on Callout Basis Details
8Architectural Consultancy Services for PH and PH Annex Details
8SCADA RTUs and apps systems for pipeline project Details
8Requirement of catering services Details
8Procurement of New Generation Centralizers Details
8Procurement of Level Transmitters Details
8Charter hire of Anchor Handling Tug-Cum Supply Vessels, Platform Supply Vessels & Offshore Supply Vessels Details
8Consultancy services for rain water harvesting in Surface Installations Details
8Hiring of Third Party Technical Security Audit of ICE Systems Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ATF should be brought under GST to provide level playing field: Prabhu Details
8IOC resumes fuel supply to Jet after assurances Details
8Cairn Energy's legal cost for fighting retro tax demand nearly triples Details
8Exercising your voting right will get you discount at petrol pumps Details
8Oil marketing firms looking at higher profits on improved marketing margin, inventory gains Details
8Indian Oil Corporation stops fuel supply to Jet Airways Details
8Pipeline opponents ask judge to strike down Trump's permit Details
8Fitch sees Brent crude at $62.5 in 2020 as economic woes bite Details
8Crude oil caught in a tug of war, US shale may fire up the bulls Details
8UK govt approves 1.7 GW gas-fired power plant in Teesside Details
8Engie bids $8.6 bn for Petrobras pipeline unit, topping competitors Details
8Shell hit with Dutch climate lawsuit Details
8Russia's Gazprom Neft in talks with Novatek on offshore cooperation Details
8Value of US oil deals plunges 93 per cent in first quarter Details
8Tokyo Gas signs deal to buy LNG from Shell Eastern Trading Details
8Oil price benchmarks are defying the laws of supply and demand Details
8Australia's Woodside signs LNG supply deal with China's ENN Group Details
8Egypt on track to end fuel subsidies by June 15: International Monetary Fund Details
8Saudi energy minister discusses oil market stability with Nigerian president Details
8Engie secures 70 per cent financing for purchase of Brazil pipeline Details
8Oil prices hit five-month highs on OPEC supply cuts, U.S. sanctions Details
8CEO of oil group sees no slowdown in US production Details
8Activist group withdraws resolution challenging Shell climate policy Details
You can also click on Newsclips for more Details
Despite Gautam Adani's much-touted friendship with the Prime Minister, he seems to be making little headway in some high-value petroleum projects, where regulators and state officials are standing up to him
8Government and regulatory bodies are standing up to the Gujarat-based businessman, inviting his ire
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8Government and regulatory bodies are standing up to the Gujarat-based businessman, inviting his ire
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Mercator seems to be under pressure after ONGC had seized its bank guarantee after the contract for conversion of the Sagar Samrat was canceled.
8Its debt ratings have now been downgraded to "D".
8Fighting with its back against the wall, find out where the company is now pitching all its hopes
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8Its debt ratings have now been downgraded to "D".
8Fighting with its back against the wall, find out where the company is now pitching all its hopes
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There is a lot of Executive Director (ED) level change of guard happening in ONGC
8EDs are powerful, and are usually asset managers.
8But one incumbents will have a tough job in hand.
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8EDs are powerful, and are usually asset managers.
8But one incumbents will have a tough job in hand.
Click on Details for more Details
Get March, 2019 data on:
8Merchant ships: Contracting forecast by ship type (number of ships)
8Merchant ships: Deliveries forecast by ship type (number of ships)
8Offshore mobile units: Contracting forecast by ship type (number of units)
8Offshore mobile units: Deliveries forecast by ship type (number of units)
8Global Shipbuilding contracting (vessel type and countries where they are being built)
8Ship building capacity and utilization data
Click on Reports for more Details
8Merchant ships: Contracting forecast by ship type (number of ships)
8Merchant ships: Deliveries forecast by ship type (number of ships)
8Offshore mobile units: Contracting forecast by ship type (number of units)
8Offshore mobile units: Deliveries forecast by ship type (number of units)
8Global Shipbuilding contracting (vessel type and countries where they are being built)
8Ship building capacity and utilization data
Click on Reports for more Details
Inevitably enough, ONGC is cornered again, over the selection of an FPSO for the KG-DWN-98/2 block.
8The FPSO needs to be mobilized within a 30-month deadline, the award has been delayed already.
8Two deadlines, one for end February and the other for end March, have passed.
8On a single tender basis, the quote given by the Shapoorji Pallonji-Bumi Armada consortium is way above the reserve price of ONGC At whatever price the deal is eventually negotiated, it will be the highest that ONGC will every pay for a single E&P facility.
8Already on the mat for setting the terms and conditions for the FPSO such that a single bidder had qualified, it remains to be seen how the E&P major gets itself out of this Gordian knot
8Meanwhile time is running out
Click on Details for more on the day rate, the reserve day rate and how negotiations are going as of now Details
8The FPSO needs to be mobilized within a 30-month deadline, the award has been delayed already.
8Two deadlines, one for end February and the other for end March, have passed.
8On a single tender basis, the quote given by the Shapoorji Pallonji-Bumi Armada consortium is way above the reserve price of ONGC At whatever price the deal is eventually negotiated, it will be the highest that ONGC will every pay for a single E&P facility.
8Already on the mat for setting the terms and conditions for the FPSO such that a single bidder had qualified, it remains to be seen how the E&P major gets itself out of this Gordian knot
8Meanwhile time is running out
Click on Details for more on the day rate, the reserve day rate and how negotiations are going as of now Details
Project Name: Thermal Power Expansion Project
8Project Cost: 11000 crores
8Project Description: The EPC contractor Doosan Power System India is carrying out erection activities for a 1320 MW super-critical thermal power project.
8Purchase order for limestone handling unit has been carried out.
8The power complex works are being carried out by:
Alstom Bharat Forge Power Ltd
ThyssenKrupp
Ljungstrom
Sulzer
GE Power India
Adani Transmission and Power Grid Corporation
8Find out the RFQs that are still left to come out
8Start Date: Q2:2017
8Completion Date: Q4:2021
Click here for more details
Project Name: Super Thermal Power Project
8Project Cost: 12000 crores
8Project Description: NTPC has commissioned the first unit of a super-critical thermal power project.
8But the civil contractor has delayed the rest of the commissioning schedule
8The FGD package has been awarded to ISGEC.
8Find out the requirements to come ahead.
8Start Date: Q3:2013
8Completion Date: Q3:2019
Click here for more details Access only through our sister website www.energylineindia.com
O&M of the ash handling system for a period of one year is ahead.
8Find out more along with key contacts Details
8Project Cost: 11000 crores
8Project Description: The EPC contractor Doosan Power System India is carrying out erection activities for a 1320 MW super-critical thermal power project.
8Purchase order for limestone handling unit has been carried out.
8The power complex works are being carried out by:
Alstom Bharat Forge Power Ltd
ThyssenKrupp
Ljungstrom
Sulzer
GE Power India
Adani Transmission and Power Grid Corporation
8Find out the RFQs that are still left to come out
8Start Date: Q2:2017
8Completion Date: Q4:2021
Click here for more details
Project Name: Super Thermal Power Project
8Project Cost: 12000 crores
8Project Description: NTPC has commissioned the first unit of a super-critical thermal power project.
8But the civil contractor has delayed the rest of the commissioning schedule
8The FGD package has been awarded to ISGEC.
8Find out the requirements to come ahead.
8Start Date: Q3:2013
8Completion Date: Q3:2019
Click here for more details Access only through our sister website www.energylineindia.com
O&M of the ash handling system for a period of one year is ahead.
8Find out more along with key contacts Details
Even as Mercator struggles with its liabilities, find out more on when the Sagar Samrat is going to be commissioned by ONGC
8When is it likely to join duty?
8Where will be it put to work?
Click on Details for more Details
8When is it likely to join duty?
8Where will be it put to work?
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Carrying out Workplace Environment Monitoring Details
8Hiring the services of Electrical Submersible Pumps Details
8Procurement of electrical cables Details
8Supply, installation & commissioning of communication system for drilling locations Details
8Pipeline jobs, TLF Pump House Construction, Tank Nozzle Modification and other allied Jobs Details
8In line inspection of pipeline section Details
8Civil works and water supply for hydro-fracturing jobs Details
8Procurement of 45 MT Caustic Soda Lye Details
8Procurement of Low Temperature Demulsifier Details
8Service Contract for Operation of boilers/ HRSG's at Cogeneration Uran Plant Details
8Hiring of Services for Capital overhauling of rig carrier Details
8Requirement of Catering Services to Employee at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India's state-owned oil companies planning cash reward for retired staff Details
8India says engaged with US on the issue of Iranian oil imports Details
8Gas price hike to push up power prices, CNG and PNG rates Details
8CNG price hiked by Rs 1.96/kg and piped gas by Rs 2.13 a unit Details
8The Indian market is value sensitive and not price sensitive: Deepankar Banerjee, ExxonMobil Lubricants Details
8Crude oil prices fall, Brent drops away from $70 per barrel mark Details
8Exclusive: Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC' Details
8US likely to renew waivers to countries importing Iranian oil, including India Details
8Solar sector continues to dominate global renewable energy capacity additions driven by Asian countries: IRENA Details
8Brazil eyes deal on transfer of rights oil area by next week -minister Details
8Crude oil futures up 0.37% on positive demand Details
You can also click on Newsclips for more Details
8Carrying out Workplace Environment Monitoring Details
8Hiring the services of Electrical Submersible Pumps Details
8Procurement of electrical cables Details
8Supply, installation & commissioning of communication system for drilling locations Details
8Pipeline jobs, TLF Pump House Construction, Tank Nozzle Modification and other allied Jobs Details
8In line inspection of pipeline section Details
8Civil works and water supply for hydro-fracturing jobs Details
8Procurement of 45 MT Caustic Soda Lye Details
8Procurement of Low Temperature Demulsifier Details
8Service Contract for Operation of boilers/ HRSG's at Cogeneration Uran Plant Details
8Hiring of Services for Capital overhauling of rig carrier Details
8Requirement of Catering Services to Employee at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India's state-owned oil companies planning cash reward for retired staff Details
8India says engaged with US on the issue of Iranian oil imports Details
8Gas price hike to push up power prices, CNG and PNG rates Details
8CNG price hiked by Rs 1.96/kg and piped gas by Rs 2.13 a unit Details
8The Indian market is value sensitive and not price sensitive: Deepankar Banerjee, ExxonMobil Lubricants Details
8Crude oil prices fall, Brent drops away from $70 per barrel mark Details
8Exclusive: Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC' Details
8US likely to renew waivers to countries importing Iranian oil, including India Details
8Solar sector continues to dominate global renewable energy capacity additions driven by Asian countries: IRENA Details
8Brazil eyes deal on transfer of rights oil area by next week -minister Details
8Crude oil futures up 0.37% on positive demand Details
You can also click on Newsclips for more Details
Price bids were opened for well completions of 34 wells in the KG-DWN-98/2 block.
8Find out who won the bid
8And at what price
Click on Details for more Details
8Find out who won the bid
8And at what price
Click on Details for more Details
The Tapti infrastructure is getting dismantled
8The job has been given out on an EPC basis but subcontracts are expected as decommissioning is a big exercise
Click on Details for more Details
8The job has been given out on an EPC basis but subcontracts are expected as decommissioning is a big exercise
Click on Details for more Details
8Project Name: Development Drilling
8Project Cost: Rs 6000 crore
8Project Description: The last word is still awaited from ONGC on what next to do with the Geleki field -- over which negotiations for a handover under a Production Enhancement Contract with Schlumberger seem to have broken down -- by the Assam asset of ONGC as it plans to float an RFQ for a 200-well development drilling project involving different key fields in ONGC.
8Expenditure Approval: Q3/2016
8RFQ Date: Jun/2019
8Release Date: Jul/2019
8Start Date: Q3/2019
8Completion Date: Q2/2025
Click here for more details for more, including contacts of those handling the project Details
8Project Cost: Rs 6000 crore
8Project Description: The last word is still awaited from ONGC on what next to do with the Geleki field -- over which negotiations for a handover under a Production Enhancement Contract with Schlumberger seem to have broken down -- by the Assam asset of ONGC as it plans to float an RFQ for a 200-well development drilling project involving different key fields in ONGC.
8Expenditure Approval: Q3/2016
8RFQ Date: Jun/2019
8Release Date: Jul/2019
8Start Date: Q3/2019
8Completion Date: Q2/2025
Click here for more details for more, including contacts of those handling the project Details
8Project Name: Bathinda Refinery Greenfield Petrochemical Complex Project
8Project Cost: Rs 20000 crore
8Project Description: Contracting is going on a furious pace in HPCL-Mittal Energy Limited's petrochemical project, that the owners are constructing with help from EPC contractor Engineers India Limited and licensor CB&I of Houston and LyondellBasell of Netherland, Get a full status update here, including key equipment still be ordered out.
Click here for more details, for key contacts Details
8Project Cost: Rs 20000 crore
8Project Description: Contracting is going on a furious pace in HPCL-Mittal Energy Limited's petrochemical project, that the owners are constructing with help from EPC contractor Engineers India Limited and licensor CB&I of Houston and LyondellBasell of Netherland, Get a full status update here, including key equipment still be ordered out.
Click here for more details, for key contacts Details
H-Energy seems to be hard at work to complete the vital 60-km link between its FSRU at Jaigarh to GAIL's tie-in points to its trunk pipelines.
8During a PNGRB Regulation 16 meeting, much to the consternation of PNGRB officials, H-Energy executives refused to commit to a deadline for a mechanical completion date for the pipeline, and even though another six months was given by the regulator, it looks unlikely that the pipeline will be constructed by then
8The pipeline is encountering ROW problems and GAIL is also reportedly playing truant in working out the tie-in details
8So, what is the realistic deadline for completion of the pipeline?
Click on Details for more Details
8During a PNGRB Regulation 16 meeting, much to the consternation of PNGRB officials, H-Energy executives refused to commit to a deadline for a mechanical completion date for the pipeline, and even though another six months was given by the regulator, it looks unlikely that the pipeline will be constructed by then
8The pipeline is encountering ROW problems and GAIL is also reportedly playing truant in working out the tie-in details
8So, what is the realistic deadline for completion of the pipeline?
Click on Details for more Details
8Project Name: Jaigarh-Goa-Mangalore Greenfield Natural Gas Pipeline Project
8Project Cost: Rs 4020 crore
8Project Description: H-Energy Private Limited has been awarded the authorization for laying, building and operation of Jaigarh-Mangalore Natural Gas Pipeline with a capacity of 17 MMSCMD by PNGRB. Find out more on what kind of activity is going on with this project
8Expenditure Approval: Q3:2017
8RFQ Date: Jul/2019
8Release Date: Jul/2019
8Start Date: Q4:2019
8Completion Date: Q4:2022
Click here for more details
8IOCL's naphtha pipeline is going to commissioned sooner than scheduled
Click on Details for more Details
8Project Cost: Rs 4020 crore
8Project Description: H-Energy Private Limited has been awarded the authorization for laying, building and operation of Jaigarh-Mangalore Natural Gas Pipeline with a capacity of 17 MMSCMD by PNGRB. Find out more on what kind of activity is going on with this project
8Expenditure Approval: Q3:2017
8RFQ Date: Jul/2019
8Release Date: Jul/2019
8Start Date: Q4:2019
8Completion Date: Q4:2022
Click here for more details
8IOCL's naphtha pipeline is going to commissioned sooner than scheduled
Click on Details for more Details
Get the know the latest updates on the Paradip refinery projects coming up
8Some consultancies are yet to be awarded while an LSTK contract or two are also under negotiations
Click on Details for more Details
8Some consultancies are yet to be awarded while an LSTK contract or two are also under negotiations
Click on Details for more Details
8Project Name: Co-generation Unit-Additional
8Project Cost: Rs 255 crore
8Project Description: Project Management Consultant BHEL has released the RFQs for the hiring services for Civil, Structural, Architectural Erection and Commissioning Works for ONGC's Uran Cogen Plant. The tender closing date is 15th April. Moreover, the PMC has also floated the RFQs for the hiring of services for a boiler O&M contract with bid closing date on 26th April 2019. RFQs for the additional equipment will be floated by the end of next month.
8Project Event: RFQ for additional equipment is expected by May end 2019
8Expenditure Approval: Q3/2016.
8RFQ Date: 20/May/2018
8Release Date: 30/Jun/2019
8Start Date: Feb/2020
8Completion Date: Dec/2021
Click here for more details Details
8Project Cost: Rs 255 crore
8Project Description: Project Management Consultant BHEL has released the RFQs for the hiring services for Civil, Structural, Architectural Erection and Commissioning Works for ONGC's Uran Cogen Plant. The tender closing date is 15th April. Moreover, the PMC has also floated the RFQs for the hiring of services for a boiler O&M contract with bid closing date on 26th April 2019. RFQs for the additional equipment will be floated by the end of next month.
8Project Event: RFQ for additional equipment is expected by May end 2019
8Expenditure Approval: Q3/2016.
8RFQ Date: 20/May/2018
8Release Date: 30/Jun/2019
8Start Date: Feb/2020
8Completion Date: Dec/2021
Click here for more details Details
8Project Name: Water Injection Platform
8Project Cost: Rs 2100 crore
8Project Description: Oil and Natural Gas Corporation Limited has extended the tender closing date for the hiring of EPC contractor for the construction of a New Water Injection Platform (WIS) at Western Offshore Basin, as the E&P major expects a few more bids to come in. However, this might push the LOA award dates a month out instead of May 2019. However, the commissioning date will be April 2021. Find out more about the companies in the race
8Project Event: LOI is expected to be awarded by the end of June 2019
8Expenditure Approval: Q1/2018
8RFQ Date: 11/Jan/2019
8Release Date: 24/Apr/2019
8Start Date: Q3/2019
8Completion Date: Apr/2021
Click here for more details, including key contacts Details
8Project Cost: Rs 2100 crore
8Project Description: Oil and Natural Gas Corporation Limited has extended the tender closing date for the hiring of EPC contractor for the construction of a New Water Injection Platform (WIS) at Western Offshore Basin, as the E&P major expects a few more bids to come in. However, this might push the LOA award dates a month out instead of May 2019. However, the commissioning date will be April 2021. Find out more about the companies in the race
8Project Event: LOI is expected to be awarded by the end of June 2019
8Expenditure Approval: Q1/2018
8RFQ Date: 11/Jan/2019
8Release Date: 24/Apr/2019
8Start Date: Q3/2019
8Completion Date: Apr/2021
Click here for more details, including key contacts Details
Anadarko Petroleum has sealed another gas supply deal for the Mozambique LNG project, in which the Indian trio of BPCL, ONGC and OIL are heavily invested.
8This brings the project very close to FID, which is now likely in the first half of 2019
Click on Details for more Details
8This brings the project very close to FID, which is now likely in the first half of 2019
Click on Details for more Details
Recent ITAT ruling concerning ONGC would have interesting implications for those contractors providing services in the oil & gas sector;
8The Delhi ITAT in a recent case involving benefit of services provided by an assessee, a Dutch company, through which ONGC did not gain any technical knowledge, experience or skill which would enable it to undertake such an endeavour independently in future without aid and assistance of assessee, the payment made to assessee for such services would not fall within scope of article 12 of DTAA between India and Netherlands and would not be taxable in India
8Then again, payment received by an assessee, an American company, from ONGC for blowout control services intended to bring under control a situation where there is an uncontrolled flow of crude oil/natural gas from oil or gas well after pressure control systems have failed would be taxable under section 44BB
8Also, the amount received by a Russian company from ONGC for services in connection with Underground Coal Gasification (UCG) which is a process to convert underground coal/lignite into combustible gases by classifying coal insitu would be taxable under section 44BB
Click on Reports for more Details
8The Delhi ITAT in a recent case involving benefit of services provided by an assessee, a Dutch company, through which ONGC did not gain any technical knowledge, experience or skill which would enable it to undertake such an endeavour independently in future without aid and assistance of assessee, the payment made to assessee for such services would not fall within scope of article 12 of DTAA between India and Netherlands and would not be taxable in India
8Then again, payment received by an assessee, an American company, from ONGC for blowout control services intended to bring under control a situation where there is an uncontrolled flow of crude oil/natural gas from oil or gas well after pressure control systems have failed would be taxable under section 44BB
8Also, the amount received by a Russian company from ONGC for services in connection with Underground Coal Gasification (UCG) which is a process to convert underground coal/lignite into combustible gases by classifying coal insitu would be taxable under section 44BB
Click on Reports for more Details
LNG suppliers looking for buying sources can concentrate on the energy-intensive ceramic tiles sector
8Morbi is the hub but it is controlled by Gujarat Gas but there are lessons to be learnt on how the supplier had relaxed gas offtake norms to push higher volumes of supplies
8There are however other hubs coming up, particularly in Andhra Pradesh
Click on Reports for more Details
8Morbi is the hub but it is controlled by Gujarat Gas but there are lessons to be learnt on how the supplier had relaxed gas offtake norms to push higher volumes of supplies
8There are however other hubs coming up, particularly in Andhra Pradesh
Click on Reports for more Details
After a massive bull run, RIL seems to be headed towards a slowdown
8Refining capacity additions are running ahead of demand for the company. Then again, the light-heavy crude differentials have come down, impacting margins in RIL's units which have high complexity. GRMs are expected to be down, as a result
8There is a massive global expansion of petrochem capacity too, and margins are likely to shrink. What is more, low LNG prices have made the coke gasifiation exercise less economical.
8Telecom and retail are also showing signs of slowdown
Click on Reports for more Details
8Refining capacity additions are running ahead of demand for the company. Then again, the light-heavy crude differentials have come down, impacting margins in RIL's units which have high complexity. GRMs are expected to be down, as a result
8There is a massive global expansion of petrochem capacity too, and margins are likely to shrink. What is more, low LNG prices have made the coke gasifiation exercise less economical.
8Telecom and retail are also showing signs of slowdown
Click on Reports for more Details
Electric cars are now significantly more expensive than conventional cars
8But a tipping point is around the corner
8The latest calculations made by one of the Big Four Consultancies has predicted a 2-3% profit margin for electric cars in comparison to conventional cars by the year 2025.
8That is only 7 years from now
8OMCs must take note
Click on Reports for more Details
8But a tipping point is around the corner
8The latest calculations made by one of the Big Four Consultancies has predicted a 2-3% profit margin for electric cars in comparison to conventional cars by the year 2025.
8That is only 7 years from now
8OMCs must take note
Click on Reports for more Details
BP has claimed that it has been able to reduce its flared natural gas output to just 0.2%.
8No such claim can be made by ONGC.
8It is easier to flare gas than to build a transportation system for marginal quantities of gas for ONGC.
8Here is a novel idea of how flared gas can be turned into electricity iin smart and independent microgrids.
Click on Reports for more. Details
8No such claim can be made by ONGC.
8It is easier to flare gas than to build a transportation system for marginal quantities of gas for ONGC.
8Here is a novel idea of how flared gas can be turned into electricity iin smart and independent microgrids.
Click on Reports for more. Details
8Project Name: Nagpur LPG Bottling Plant Greenfield Project
8Project Cost: Rs 140 crore
8Project Description: Indian Oil Corporation Limited (IOCL) along with EPCM contractor Projects & Development India Limited is planning to construct 3X600 MT LPG Bottling plant at Nagpur (Maharashtra). RFQ for the equipment is already out. Find out who the subcontractors are.
8Project Event: RFQ for the mechanical piping work and fire fighting work is expected by June 2019.
8Expenditure Approval: Q2:2017
8RFQ Date: Jun/2019
8Release Date: Jul/2019
8Start Date: Q2:2018
8Completion Date: Q2:2021
Click here for more details, including key contacts
8Project Name: Varanasi Greenfield LPG Bottling Plant Project
8Project Cost: Rs 195 crore
8Project Description: Currently, the land acquisition process has been done. Surveying work is expected to be completed by the end of April 2019. Currently, the detailed project study is going on. Further RFQs are expected soon.
8Project Event: RFQ for the EPCM contractor is expected by July 2019.
8Expenditure Approval: Q2:2018
8RFQ Date: Jul/2019
8Release Date: Jul/2019
8Start Date: Q3:2019
8Completion Date: Q3:2021
Click here for more details, including key contacts Details
8Project Cost: Rs 140 crore
8Project Description: Indian Oil Corporation Limited (IOCL) along with EPCM contractor Projects & Development India Limited is planning to construct 3X600 MT LPG Bottling plant at Nagpur (Maharashtra). RFQ for the equipment is already out. Find out who the subcontractors are.
8Project Event: RFQ for the mechanical piping work and fire fighting work is expected by June 2019.
8Expenditure Approval: Q2:2017
8RFQ Date: Jun/2019
8Release Date: Jul/2019
8Start Date: Q2:2018
8Completion Date: Q2:2021
Click here for more details, including key contacts
8Project Name: Varanasi Greenfield LPG Bottling Plant Project
8Project Cost: Rs 195 crore
8Project Description: Currently, the land acquisition process has been done. Surveying work is expected to be completed by the end of April 2019. Currently, the detailed project study is going on. Further RFQs are expected soon.
8Project Event: RFQ for the EPCM contractor is expected by July 2019.
8Expenditure Approval: Q2:2018
8RFQ Date: Jul/2019
8Release Date: Jul/2019
8Start Date: Q3:2019
8Completion Date: Q3:2021
Click here for more details, including key contacts Details
8Project Name: Greenfield FSU/FSRU LNG Terminal Project
8Project Cost: Rs 2000 crore
8Project Description: Get the latest update here. At present, surveying work and major studies on the project is going on. After getting the environment clearance the requirement for chartering of FSRU/FSU will come out. Further RFQs are expected soon.
8Project Event: RFQ for the EIA consultant is expected by June 2019.
8Expenditure Approval: Q2:2019
8RFQ Date: Jun/2019
8Release Date: Jul/2019
8Start Date: Q4:2019
8Completion Date: Q4:2021
Click here for more details, including key contacts Details
8Project Cost: Rs 2000 crore
8Project Description: Get the latest update here. At present, surveying work and major studies on the project is going on. After getting the environment clearance the requirement for chartering of FSRU/FSU will come out. Further RFQs are expected soon.
8Project Event: RFQ for the EIA consultant is expected by June 2019.
8Expenditure Approval: Q2:2019
8RFQ Date: Jun/2019
8Release Date: Jul/2019
8Start Date: Q4:2019
8Completion Date: Q4:2021
Click here for more details, including key contacts Details
Oil and Natural Gas Corporation Limited is soon expected to open the price bids for the two 12-slot well platforms HM & HN laying, installation of around 48.5 kilometers of submarine pipeline and other associated facilities for the Heera Redevelopment Phase-III project in Western Offshore Basin. As per the sources, the oil PSU is expected to open the price bids within the next 10-15 days.
8Find out more about those who participated in the tender
Click on Details for more Details
8Find out more about those who participated in the tender
Click on Details for more Details
