In the oil & gas industry, when it comes to a fight, either with a fellow JV partner or the government, a foreign company has a distinct disadvantage. 8Cairn Energy Plc found its shares in Cairn India were sold by the Indian government well before an international arbitration could declare an award over the dispute. Similar battles were fought and lost by other foreign companies as well. The trend contributes to the growing disenchantment and disinterest by foreign companies in India's E&P sector. 8Oilex has been fighting a battle with GSPC over cash calls in the Cambay PSC 8But the company is now facing a criminal case of an entirely different kind Click on Details for more
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RIL may be using offshore technology in the revival of production in its D-6 block but it seems to have failed so far in infusing adequate technology in CBM production 8Baker Hughes and Schlumberger have been pressed on to the job at the Sohagpur West CBM block 8Meanwhile, expect orders for more rigs in the block Click on Details for more
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For reference purposes the website carries here the following tenders: 8Procurement of coated line pipes Details 8Repair and Replacement of Cone Roof Tanks, Pipelines and structures Details 8Annual Rate Contract for Rewinding/ Repair of HT and VFD motors Details 8Supply of Pipes Details 8Road transportation of Packed Lubricants / Greases /Specialities in ISO type container trucks Details 8Transportation of ATF Ex Paradeep to Bhubaneshwar ASF Patna ASF Raipur ASF and Ranchi ASF Details 8Transportation of ATF Ex NRL to Guwahati ASF Details 8Civil SOR jobs at Karnataka locations Details 8Hiring of security lighting services at different sites in Cauvery asset Details 8Hiring of Consultancy Services for Performance Evaluation and Benchmarking for All Employee Welfare Trusts Details 8Procurement and erection & commission of 20 ton EOT crane for BOP yard Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Ban on Iranian crude may cost Indian refiners Rs 2,500 crore: ICRA Details 8Haldia Petrochem to invest Rs 62,714 crore to set up 12 MTPA refinery complex in Andhra Details 8India says fully prepared to take on oil imports challenge post lifting of sanctions waiver Details 8India prepares for life without Iran oilDetails 8GAIL hits near two-month low on deal to buy IL&FS' wind assetsDetails 8US holds the key to how much pain Iran oil can cause to Indian stocks Details 8Congress hits out at Modi govt over US decision to end Iran oil waiversDetails 8US to ensure steady oil supply for IndiaDetails 8OPINION: Iran sanctions decision rewards hedge fund oil bulls Details 8China's CNPC says has closed 4 Xinjiang gas fields for maintenanceDetails 8Apache delays production of Permian natural gas due to pricing pressure Details 8Goldman says removal of Iran oil sanctions waivers to have limited impactDetails 8China's Sinopec resumes US oil imports after six-month haltDetails 8Fire extinguished on Nigeria's oil-exporting NCTL pipelineDetails 8Lifting of Iran oil sanctions waivers set to push global crude prices higherDetails 8Japan expects little impact from US scrapping Iran oil waivers Details 8$5-trillion fuel exploration plans 'incompatible' with climate goals Details 8Oil prices shoot to 2019 highs on Iran crackdown Details 8Oil dips on well supplied markets despite tighter Iran sanctionsDetails 8COLUMN-Oil traders to Saudi Arabia: "show us the barrels" - Kemp Details 8U.S. making a mistake politicising oil -Iran oil minister Details 8White House economist sees no impact on oil prices from Iran sanctions Details You can also click on Newsclips for moreDetails
Investors caught up in the euphoria of investing in new city gas distribution projects, based on the economics of heavy use of CNG, should take note of an exhaustive report that says gas as a transportation fuel for city transportation will have a short self life. 8Threats are coming from cleaner engines which close the emission gap between gas and petroleum-based fuels 8A bigger threat is from electric vehicles 8In India, the biggest uncertainty comes from the fact that it is based on government largesse. Governments are capable of changing their minds. 8However, one segment that seems to have a sustainable future is the use of LNG in heavy vehicles Click on Reports for a detailed fact-based analysis
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Get a full update on existing long and medium term LNG contracts currently prevailing around the world The data is given in terms of: 8Loading point 8Seller 8Buyer 8ACQ 8Duration 8Delivery format 8Comments if any Click on Reports for more
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Get a full update on the LNG fleet current active worldwide The data is given in terms of: 8Built date 8Vessel name 8Capacity 8CCS 8Owner 8Builder 8Manager Click on Reports for more
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Find out what kind of capital spending RIL is planning to do the revival of the KG-D-6 block over the next two years 8A lot of spending is expected. Click on Details for more.
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RIL has moved ahead and awarded the contract for an new build FPSO for its MJ-1 discovery 8Find out more on who won the bid and at what price for the MJ gas condensate project 8Also know more on how RIL was able to keep the competition involved in the bidding process unlike ONGC Click on Details for more
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ONGC has promoted a whole lot of its executives into Group General Managers 8But a lot of them have got what are called supernumerary promotions until they retire 8This prunes down the list of GGM promoted with actual powers to around 40. Click on Details to know more about who these newly promoted GGMs areDetails
Has there been a big pick up in oil & gas sector recruitments in the last one year, now that the industry has come out of the recessionary mode? 8Is there a sharp rise in recruitment? 8Has there been an increase in salaries? Click on Details for moreDetails
Why did Sudhir Mathur quit Cairn India Ltd? 8Pankaj Kalra, the chief financial officer, also quit along with Mathur. 8Find out more Click on Details
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For reference purposes the website carries here the following tenders: 8Carry out Direct Assesment of Mixed Xylene line from Refinery Terminal to Coastal Terminal Details 8Corrigendum: Integrity/ Health assessment of non piggable pipelines in central region Details 8ARC Civil Works at Compressor Station Details 8Hiring of Manpower for Assistance in Fire & Safety Department Details 8AMC for calibration of mass flow meters Details 8Annual maintenance contract for electrical system Details 8Supply of DI DM water Details 8Corrigendum: Paving using paver block Details 8Selection of dredging contractor at LNG terminal Details 8Selection of suppliers for supply of gas and leak detectors Details 8Rate contract for Stress Relieving for BOPs for a period of three years Details 8Hiring the services for compression of natural gas Details 8Procurement of Energy Dispersive X-Ray Spectrometer Details 8Hiring of agency to carryout EIA and RA Study for obtaining Environmental Clearance for Exploration and Development of 50 Wells Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India hopes US will allow allies to buy some Iranian oil Details 8Trump puts India in a fix over Iran oil and regional strategyDetails 8End of Iran waiver may ignite fuel prices in India, upset govt mathDetails 8Iran sanctions: India lines up alternate sources, supplies not to be impacted Details 8Oman LNG settles $2 bn loan facilities before maturity Details 8Taiwan's CPC buys June-loading Upper Zakum crude cargoes Details 8Bangladesh's second LNG storage, regasification ship moors off coast Details 8US to fail to cut Iran oil exports to zero: Ministry sourceDetails 8Saudi can raise oil output but will assess impact of Iran waivers ending Details 8Iraq says any action to raise oil output won't be unilateralDetails 8Oil trade will remain profitable for at least next 30-60 days: Peter McGuire, XM AustraliaDetails 8Thailand's EGAT considers 12 firms for LNG importsDetails 8Gas imports to Iraq from Iran will rise in JuneDetails 8Middle East oil benchmark Dubai rises to multi-year high on Iran sanctionsDetails 8Crude oil spike sends rupee and bonds tumbling Details 8US won't renew sanctions waivers for importing Iranian oilDetails 8ExxonMobil signs 20 year LNG agreement with Zhejiang EnergyDetails 8Iran oil sanctions: US refuses to extend waivers for importing Iranian crude oil Details 8US to announce end to sanctions waivers for Iran oil imports: Source Details 8Oil prices hover near 2019 highs after U.S. ends all Iran sanction waiversDetails You can also click on Newsclips for moreDetails
8How can we achieve resilience in the coming years?’ presidents and CEOs from Saudi Aramco, Schlumberger, BHGE and Eni shared their recipes for resilience from both operator and service company perspectives. 8The future for hydrocarbons lies in chemicals, and Middle East oil companies have plans to bring on massive amounts of capacity. Massive $200 billion plans are getting unfolded 8Surface logging services provider GEOLOG describes a new method of H2S mapping in reservoirs. 8The importance of accurate measurement uncertainty analysis for the calibration of storage tanks is necessary to build in uncertainty expectations and budgets. 8An innovative flow control valve technology from UK-based pressure control equipment manufacturer Oxford Flow is set to be rolled out soon 8Experts discuss the developments, ambitions and challenges behind shifting more offshore operations to remote, automated and autonomous operations. 8Get full details of multi-billion dollar projects coming up in Saudi Arabia Click on Reports for more
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The dilemma now is whether to continue tightening the oil markets and let oil prices spike to USD80-plus per bbl or increase production – on grounds of unplanned disruptions from Venezuela, Iran, and Libya – to recapture lost market share. Russia seems to want to recapture lost market share to the US and risk a USD40 per bbl world again. 8Russia now wants to break free and recapture lost market share, it seems Click on Reports for more Details
8The beginning of Q2 has yet to offer something positive to the crude carriers market that is still struggling with low earnings overall. Click on Reports for more. 8ABB orders grew poorly in India in the first quarter of the year, why was that so? Click on Reports for more. 8Heavy oil polymer flooding: ONGC to put the field on commercial production. Click on Reports for more 8Natural decline in gas output impacts RIL's oil & gas business negatively. Click on Reports for more. 8Find out why Energy Efficiency Services Limited believes that a 30% EV penetration is possible even before 2030. Click on Reports for more.
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Will ONGC be able to hit first gas from the KG-DWN-98/2 field by the committed date of December 2019? 8There have been many delays and false starts with the block, and the order for the FPSO is still to be placed 8But first gas by December 2019? Is this possible? Click on Details for more
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For reference purposes the website carries here the following tenders: 8Turnaround jobs in process units in aromatics complex and SWS-4 plant at refinery Details 8Turnaround jobs in process units in CDU-4 complex at refinery Details 8Supply of Methyl Di Ethanol Amine in refinery Details 8Corrigendum: Chemical cleaning in ARU & SWS-4 complex during turnaround at refinery Details 8Supply of Hot Dipped GI Gratings as per specification Details 8Supply of Phosphite for Poly Propylene Unit Details 8Engineering Analysis and repair plan of Coke drum in DCU unit during Pigging shutdown Details 8Laser scanning and video inspection of coke drums in DCU unit Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8RIL to start gas production from R-Cluster in second half of FY21Details 8Guwahati: Petrol pump owners bear brunt of EC cap on carrying cash Details 8Maharashtra: Rising prices of LPG leading to reduction in forest coverDetails 8Now, artificial intelligence to enhance safety at petrol pumpsDetails 8Cutting household fuel use may save 2.7 Lakh lives annually in India Details 8HPCL continues not to recognise ONGC as promoter; to face real test in selection of directorsDetails 8West Coast refinery: Nanar refinery project in Konkan is still an election issueDetails 8Climate change protesters descend on France's SocGen, energy companies Details 8BP, SOCAR sign deal to build new Azeri oil exploration platform Details 8Italy's Eni signs exploration and production deal with Ras Al Khaimah emirateDetails 8Total's output close to 2.95 million barrels of oil equivalent per day Details 8Angola's oil firm Sonangol plans to downsize to focus on core business Details 8Russia: U.S. is brazenly meddling in Nord Stream 2 gas pipeline projectDetails 8Not violating US sanctions on Venezuela, bought oil with knowledge of US authorities: RelianceDetails 8INNOVATION: Scientists develop a method to boost seed oil yield in cropsDetails 8Saudi Aramco to help Iraq find gas in western desert: MinisterDetails 8Turan Drilling wins $500 mn BP contract in AzerbaijanDetails 8They have the gas cylinder, but can’t afford to refill it Details 8Oil market likely to be well balanced in 2019, says Saudi energy adviserDetails 8Aramco to buy Shell's stake in Saudi refining JV for $631 mnDetails 8Oil prices hit Nov 2018 highs on report U.S. will end Iran oil sanction waiversDetails 8AP sources: US to sanction nations for importing Iranian oil Details 8Saudi ADC to acquire Schlumberger's Saudi drilling business - Al MaaalDetails You can also click on Newsclips for moreDetails
What is the aftermath of the dramatic collusion between Greatship Chitra and the Deepsea Fortune that took place in Mumbai High? 8What has been the extent of the damage? 8Will these vessels be able to mobilize on time to cater to ONGC's needs? Click on Details for more
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The race for the next OIL chairman seems to be heating up with current incumbent, Utpal Bora, retiring on September 30, 2019 8There are several applicants, some from the private sector, who have applied for the job. 8Find out who could be a possible winner for the job Click on Details for more
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What is the latest status on the race for the job of director technical in Petronet LNG Ltd? 8There is a big rush of candidates 8Who are the favorites? Click on Details for more
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The race for director exploration in ONGC is also heating up as the current incumbent is set for retirement three months from now 8Know more on possible candidates for the job. Click on Details for more
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The takeover of Haryana City Gas Ltd by Indraprastha Gas Ltd seems to have hit some snags 8The Supreme Court may have to intervene again, it seems Click on Details for more
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What has been the response to the OLAP-1 integrated contact floated by Cairn India? 8Cairn had won a total of 41 blocks under the bidding round. 8Also, know more on what has been the response to the contract for seismics for Cairn's offshore blocks Click on Details for more
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8Project Name: Platform O&M contract 8Project Cost: Rs 50 crore 8Project Description: Oil and Natural Gas Corporation Limited's RFPs for the operation and maintenance contract for Process, Mechanical, Electrical and Instrumentation equipment, crane, helideck and cargo handling services on a large platform complex are expected to be out soon. As per the sources pre qualification criterion will involve a prior relevant experience of 2 years for the job. The platform consists of multiple well slots and production wells. 8Project Event: RFP's for the project are expected by August 2019 8Expenditure Approval: Q1/2019 8RFQ Date: Aug/2019 8Release Date: Sep/2019 8Start Date: Q4/2019 8Completion Date: Q1/2020 Click here for more details, including key contactsDetails
8Project Name: Pipeline Repair 8Project Cost: Rs 150 crore 8Project Description: An offshore pipeline repair job between two plarforms is coming up. Meanwhile, a dredging contract has been awarded. 3 to 4 leading bidders are expected to participate in the repair job 8Project Event: RFP for the hiring contractor for O&M cum LSTK contractor is expected by July 2019. 8Expenditure Approval: Q4/2018 8RFQ Date: Jul/2019 8Release Date: Sep/2019 8Start Date: Q4/2019 8Completion Date: Q4/2022 Click here for more details, including key contactsDetails
8Project Name: Patna-Motihari-Baitalpur Greenfield Product Pipeline Project 8Project Cost: Rs 664 crore 8Project Description: The pipeline is running late. Get the latest update here 8Project Event: RFQ for the PLC SCADA work is expected by July 2019. 8Expenditure Approval: Q2:2016 8RFQ Date: Jul/2019 8Release Date: Aug/2019 8Start Date: Q2:2017 Click here for more detailsDetails
8Project Name: Manali Refinery Greenfield RLNG Project 8Project Cost: Rs 421 crore 8Project Description: Get the latest update here. 8Expenditure Approval: Q2:2017 8RFQ Date: Jun/2019 8Release Date: Jul/2019 8Start Date: Q1:2018 8Completion Date: Q3:2020 Click here for more details 8Business opportunity for the maintenance contractor -- Annual gas pipeline maintenance contract is coming up Click on Details for moreDetails
Project Name: Super-Critical Expansion Thermal Power Project: Installation of WFGD 8Project Cost: 400 crores 8Project Description: The owner along with consultant Fichtner Consulting Engineers, Chennai is preparing tender specifications for installation of two wet limestone-based FGDs in the under construction thermal power complex. Approval from the state government has been obtained. Further, an in-principal loan from the banks and financial institutions for the WFGDs has been initiated. 8Start Date: 2020 8Completion Date: 2022 Click here for more details Project Name: Renovation, Modernization & Upgradation of a Power House 8Project Cost: 100 crores 8Project Description: Owner along with consultant Mecon Limited has organized a pre-bid meeting for renovation, modernization and up-rating of its existing hydropower station. 3 contenders are among the major contenders in the bid. Find out the date of award of the bid. 8Start Date: Q1:2020 8Completion Date: Q1:2022 Click here for more details 8Fabrication and erection of air ducts at the CHP: RFQs expected soon Click on Details for key contactsDetails
For reference purposes the website carries here the following tenders: 8Route survey, GIS survey, GPR survey and allied works at five geographical areas Details 8Standard Fire and Special Perils Insurance Cover for LNG Terminal Details 8Hydrotesting of insurance line pipes Details 8Empanelment of contractors for laying of steel pipeline for hydrocarbon services & associated works Details 8Road Transportation of Packed Bitumen drums Details 8Supply of Chassis for Fabrication of Aircraft Refuellers Details 8Hiring of consultant to carry out a detailed feasibility report for Design and Engineering of CGD network Details 8Requirement of civil construction annual contract Details 8Supply and installation of vapour recovery system Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8RIL fourth quarter net profit up 9.8% to Rs 10,362 croreDetails 8ONGC to spend Rs 2,393 crore in drilling 145 wells in Cambay basin in Gujarat Details 8Kerala: Leak in LNG pipeline of Indian Oil Adani Gas a wake-up call for officials Details 8Vivek Rae appointed as Chairman of HOEC Details 8OPINION: India should beware of Saudi Aramco's billionsDetails 8Energy trading house Vitol moves LNG team to London from Geneva Details 8New cargo offers depress Asian LNG prices reversing upward trendDetails 8Chinese independent refiner says BP has agreed 3-year framework deal to supply crude oil Details 8Brazil sets October oil auction signing bonus of $26.9 billion: Minister Details 8Nigeria issues arrest warrants for ex-ministers over Malabu oil dealDetails 8German gas imports rise in first two months of 2019, bill up 12.5 per centDetails 8Australia's Santos sells June Van Gogh crude at high premium -sourcesDetails 8Russia limits coal, crude and oil exports to UkraineDetails 8Here is a scenario in which oil price may fall towards $40 markDetails 8Oil prices little changed despite Saudi export cuts, US stocks drawDetails 8They have the gas cylinder, but can’t afford to refill itDetails 8Turan Drilling wins $500 mn BP contract in AzerbaijanDetails 8Saudi Aramco to help Iraq find gas in western desert: MinisterDetails You can also click on Newsclips for moreDetails
For reference purposes the website carries here the following tenders: 8EOI for hiring of O&M services for process platform PLQP for offshore facilities Details 8Hiring of services for insitu repair/ reconditioning of valves Details 8Hiring external services for public awareness program for sensitizing stakeholders/ villages along the ROU of pipeline Details 8ARC for supply of helium for 2 years Details 8Corrigendum: Comprehensive AMC for Motor Driven Compressor Packages Details 8Procurement of Natural Gas Meters Details 8Manpower deployment contract for power plant Details 8Procurement of Perforation Materials Details 8Procurement of Polyvinyl Alcohol, Stearic Acid, & Sodium Bicarbonate Details 8Procurement of Water Shut Off Chemicals Details 8Fabrication and supply of strainers for PLQP on rate contract basis for 3 years Details 8Hiring of services for Top Drive Assisted Casing Running Tools Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Royal Dutch Shell charts green routes to bring ‘cleaner’ fossil fuels to India Details 8Indian refiners turn to OPEC, Mexico, U.S. to make up Iran oil gapDetails 8RIL option sellers may have to take it on the chin todayDetails 8Reliance Industries silent on stake sale talks with Saudi Aramco reportsDetails 8RIL an easy pick for Saudi Aramco with India’s mega west coast refinery on the back-burnerDetails 8IOC eyes tieups for its improved lead-acid batteryDetails 8Portugal declares 'energy crisis' as fuel supply runs low on strike Details 8Algeria's Sonatrach says to hold partnership talks with Chevron next week Details 8Japan's Mitsui OSK Lines beefs up ship fleet with Reliance Industries deal Details 8Russia's Novak: early to speak about options for oil output deal Details 8Saudi Aramco eyes up to 25% in RIL refining & petrochemical business Details 8Upstart Russian oil firm, with Goldman Sachs backing, bucks industry bluesDetails 8Russia resumes buying Turkmen natural gas years after cutting purchaseDetails 8Oil prices extend losses despite surprise drop in U.S. inventoriesDetails 8COLUMN-White House will tie Iran sanctions review to response by Saudi Arabia: Kemp Details You can also click on Newsclips for moreDetails
The refining sector is undergoing major changes. 8But RIL seems to be among those companies capable of handling these changes quite well. 8The low sulphur requirement under IMO 2020 will help shore up RIL's GRM 8The incremental GRM when its petcoke gasification ramps up will be around $2/bbl 8Already, RIL's GRM is higher than those of other refineries because of high value-added share from its refinery output Click on Report & Details for more.
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For reference purposes the website carries here the following tenders: 8Tender document for MDPE connectivity Details 8Chemical cleaning in CDU-4 complex during turnaround at refinery Details 8Chemical cleaning in ARU & SWS-4 complex during turnaround at refinery Details 8SOR tender for drive way works Details 8ESD integration and data sharing for pipe line transfers among OMCs Details 8Providing cylinder handling & allied services at LPG plant Details 8Services for tensioning torquing and other related miscellaneous jobs Details 8Supply of hydraulic jacks at refinery Details 8Supply of Heat Exchanger Tubes Details 8Charter hiring of 3000HP Rig Package for drilling one exploratory well in Block: AA-ONN-2010/3 (Sadiya) & ERD wells under FHQ Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8ONGC sells June-loading Russian Sokol oil at highest premium in 4 monthsDetails 8Vedanta's Cairn Oil and Gas names Ajay Kumar Dixit as new CEO Details 8Syria imposes new fuel rations as fuel crisis from sanctions bites Details 8OPINION: Chevron's Anadarko deal shines awkward spotlight on Shell Details 8Amid elections, oil companies continue with petrol and diesel price hikes Details 8Exxon Mobil wins three exploration blocks offshore ArgentinaDetails 8Brent nears $72 amid tightening supplies; surprise draw in U.S. crude stocks Details 8Russia's Gazprom Neft sees global oil deal ending in mid-2019 Details 8Saudi Aramco eyes up to 25% in RIL refining & petrochemical business Details 8Upstart Russian oil firm, with Goldman Sachs backing, bucks industry bluesDetails 8Russia resumes buying Turkmen natural gas years after cutting purchaseDetails You can also click on Newsclips for moreDetails
Project Name: Anuppur Thermal Power Project 8Project Cost: 500 crores 8Project Description: MB Power (Madhya Pradesh) Limited, a wholly owned subsidiary of Hindustan Power Projects Private Limited is undergoing bidding activities for implementation of the wet limestone-based FGD and De-NOx system in its existing 1200 MW (2x600 MW) Anuppur Thermal Power Project located in the Anuppur district of Madhya Pradesh. Know more 8Project Event: EPC package award is expected by the Q3 2019. Click here for more details Project Name: Korba West Extension Thermal Power Station - FGD Addition 8Project Cost: 200 crores 8Project Description: The DPR consultant NTPC is preparing tender specifications. Administrative approval is also awaited. 8Project Event: RFQ for design, engineering, supply, erection, and commissioning of a wet FGD system is expected by June 2019. 8Expenditure Approval: Q1:2018 8RFQ Date: Jun/2019 8Release Date: Jun/2019 8Start Date: 2020 8Completion Date: 2022 Click here for more details Coal Mining Project: HT, LT and control cables needed 8NTPC plans RFQs to be floated in a coal mining project for HT, LT and control cables. Click on Details for more including key contacts Access to the links only available through our sister site, www.energylineindia.comDetails
8Project Name: Offshore Platform Revamp 8Project Description: Oil and Natural Gas Corporation Limited's tender for the revamp of GS-23-1 offshore platform in GS-15/23 PML block seems not to be garnering too much attention. A few amendments are proposed to be carried out in the tender and the tender closing date is likely to be extended till May 2019. Click here for more detailsDetails
It is a Rs 1400 crore greenfield gas pipeline project. 8Project Description: The route has been finalized and the Cadastral Survey has been completed. The requirement of pipe quantity is under preparation. At present land acquisition process is going on. Online application for forest clearance has been submitted. Data collection is in progress for EIA report. 8Project Event: RFQ for the EPCM contractor is expected by July 2019. 8Expenditure Approval: Q3:2017 8RFQ Date: Jul/2019 8Release Date: Aug/2019 8Start Date: Q3:2019 8Completion Date: Q4:2020 Click here for more details, including key contacts 8Optical fiber maintenance contract is coming up Click on Details for key contactsDetails
8Project Name: Dhamra Greenfield LPG Terminal Project 8Project Cost: Rs 2000 crore Some equipment RFQs have come out while others are still to to come. Find out more 8Expenditure Approval: Q4:2017 8RFQ Date: Jun/2019 8Release Date: Jul/2019 8Start Date: Q1:2019 8Completion Date: Q3:2021 Click here for more details, including key contactsDetails
8Project Name: Oil Field Development 8Project Cost: Rs 100 crore 8Project Description: Bharat PetroResources Limited's RFQs for the hiring of a consultant for the Sadewala oil field in Rajasthan has been delayed on account of some internal issues. Furthermore, the RFQs for the hiring of integrated drilling services for the project will be initiated at a later stage. In the meanwhile, the company is still waiting for the PML block validity extension from the ministry's end. As of now the PML validity of both the blocks is set to expire by January 2021. 8Project Event: RFQ for the hiring of a PFR Consultant is expected by Q3 2019 RFQ for the hiring of rigs and other oilfield services is expected by Q1 2020 8Expenditure Approval: Q2/2018 8RFQ Date: Q3/2019 8Release Date: Q3/2019 8Start Date: Q2/2020 8Completion Date: Q4/2021 Click here for more details, including key contactsDetails
For reference purposes the website carries here the following tenders: 8ARC Civil works at Township Hazira Details 8Rectification jobs for corrosion coupon and probes for KG basin Details 8CDU4 and ARU shutdown Civil Works Details 8Chequered Plate and related Structure Replacement at CCR-1 Regeneration Area Platforms Details 8Supply of 80 MT Capacity Cranes Details 8Providing PSARA security services Details 82 year AMC for Securiton ADW-511 Rim seal Fire protection system for Crude and Product Tankages Details 8Global EOI for setting up of SPM and CoT on BOO basis for CPCL 9 MMTPA Refinery Project Details 8Annual Rate Contract for Mainline Maintenance Details 8Supply, Installation and CAMC of Effluent water Analyzer System Details 8Agency for Radiographic Testing (RT) for various jobs at refinery Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India's oil import bill in FY19 could be highest under Narendra ModiDetails 8Vedanta rolling out succession programme to groom internal leaders for key positions Details 8Indian Oil sets up trading desk in Delhi to buy crude on real-time basisDetails 8Expect crude at $65-70 per barrel in the long-term: MK Surana, HPCL Details 8High fuel prices push wholesale inflation to 3.18 per cent in March Details 8BRIEF: GAIL India issues tender to sell and buy LNG -sources Details 8CCEA extends duration of new urea policy for natural gas-based units Details 8Qatar petroleum invites 3 groups to bid for North Field LNG train construction Details 8Iran likely to award eyes five oil project contracts with local firms Details 8Oil extends losses into second session; Russia, OPEC output in focus Details 8COLUMN-Hedge funds' oil positions start to look stretched: Kemp Details 8U.S. shale output forecast to hit record 8.46 million bpd in May -EIA Details 8Gas supply issues keep ceramic units from resuming production Details 8Refiners’ CO2 to help raise output of aging oilfields Details 8Russia-Germany natural gas pipeline seeks new route in Baltic sea Details 8All aboard! Treasure on the high seas for natural gas dealersDetails You can also click on Newsclips for moreDetails
The LNG market seems to be going through a four-phase transformation process 8The phases are -- The established model -- The Cheniere model -- The Equity/Cost model -- The Trading or Merchant model 8Lenders are now looking carefully at the last model and a flow of funds to this kind of an arrangement is now anticipated. Eventually, this will negate the need for long-term contracts and enable full market flexibility. 8Figuring out the right model has become important as an additional 150-170 mtpa of LNG capacity is required by 2030 which means that an estimated $150bn in investments is needed between 2019-2025 in liquefaction, associated facilities and ships. (assuming a cost of $600/MT + associated infrastructure costs and ships). 8Over 6 years this equates to $25 billion/year. To ensure financing of such volumes, a change in the current business model has become all but inevitable. Click on Reports for more
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Forward looking E&P companies are now embracing the "digital everywhere" concept across the entire E&P spectrum. 8Great work is getting done in seismic interpretation, asset integrity, predictive maintenance, among other areas. 8Another trend in this next phase is more cooperation among businesses throughout the upstream supply chain, focused on more early engagement between operators and service providers. 8There is now an increasing realization of late wherein E&P operators accept that data should be shared in a digital world to generate value and those partnerships between customers and key vendors deliver better results. -- Find out more on how SBM Offshore has been ramping up its digital footprint -- Also know more on how seismic companies are coming forward -- Find out about how safety in the digital space is a big worry among all players -- Find out how data needs to be liberated and shared for the oil & gas industry as a whole -- Know how one FPSO operator is using Formula 1 technology to boost the offshore operating environment Click on Reports for more
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The website carries here details of a unique and non-intrusive end-to-end pipeline internal diameter mapping technology that is projected to change how we look at issues connected to corrosion. 8A pulse of pressure is induced in a pipeline by using the operation of a fast-acting valve closure in the flowing line or by the rapid opening and closing of a bleed valve on a blocked line. The valve closure creates a pulse (similar to a fluid hammer effect) that travels through the medium in the pipeline at the speed of sound. 8The magnitude of the pulse and the pressure response of the pipeline from the induced pressure pulse as it travels along the pipeline are measured using a high-fidelity, ultra-high resolution pressure transducer and data logger. 8After processing the data using proprietary algorithms and software, the deposit profile is “mapped.” And defects, if any found. 8A major benefit of the system is that the survey can be used on live pipelines with little or no production disruption. Analysis requires one day under ideal conditions for a preliminary report and a week for final reporting. Click on Reports for more
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In the western offshore asset, there are as many as 3000 people living at sea, manning multiple offshore platforms 8The three-year catering bill itself comes to a whopping Rs 300 crore. 8It is an incredibly big exercise that ONGC puts together to keep its rigs and platforms functioning 24 hours a day. Click on Details for more on these manned platform and rigs
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Offshore catering contracts are big jobs by any standards. 8And there is intense competition to provide competitive rates 8Click on Details to know more about the catering companies which deal with the task of keeping ONGC's executives at sea well fed. 8Established offshore services providers such as Hind Offshore Ltd finds it worth their while to participate in these catering tenders Click on Details for more
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UAE-based Gulf Piping has failed to deliver a converted Sagar Samrat rig to ONGC by February 2019 timeline. 8The rig was meant to have been installed at site by March 2019 at the WO-16 Cluster Field, which was ready for production since 2016. A total of 15 wells have been drilled but they could not be activated as the MOPU was not available. 8Find out when is the MOPU now due in ONGC waters Click on Details for more
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Find out how many companies are likely to be in the race for OIL's tender for workover rigs 8The tender was cancelled earlier, and retendered again, as quoted day rates were found to be too high Click on Details for more
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The $50 billion take over of Anadarko by oil & gas supermajor Chevron will now mean that the Indian trio of ONGC, BPCL and OIL which are highly invested in the Mozambique LNG programme, will have to deal with a new owner. 8One of the reasons, among many others, why Anadarko got a price tag of $50 billion is that it is closer to FID in the Mozambique project 8The Indian majors in turn will soon have to learn to deal with a new owner to take forward the considerable investments they will make in Mozambique. Click On Details for more
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Oil marketing companies are likely to see a sharp increase in marketing margins, thus compensating for the direct price controls imposed earlier 8But still, all is not well with these companies, as GRMs are likely to remain range-bound. 8There is also a reintroduction of price control systems through the backdoor, leading to an element of opaqueness in their functioning Click on Reports for more
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