For reference purposes the website carries here the following tenders: 8Insurance policy for CUGL’s assets Details 8Procurement of Di Methyl Di Sulphide Details 8Transportation of ALPG by road EX Visakha LPG Terminal Details 8Corrigendum: MDPE laying & GI/CU installation for CGD projects Details 8Supply of 300 bags of high temperature cement retarder Details 8Scaffolding erection and Dismantling jobs for gas detector installation project throughout the refinery Details 8Supply of 6” ERW Linepipes Details 8Hiring services of Pre-seismic Environmental Impact Assessment study of OALP-I blocks Details 8Supply of Butyl Acrylate and 2-Ethyl Hexyl Acrylate for Acrylates Unit of Propylene Derivative Petrochemical Project Details 8Supply of XLPE insulated, lead sheathed, HDPE Outer sheath Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8An India-China maneouvre could soon leave world's oil powers toothless Details 8Cairn Energy appoints Catherine Krajicek as non-executive directorDetails 8Petronet plans mini LNG terminal in Andaman; seeks city gas licenceDetails 8Iraq maintains top position as India’s crude oil supplier in 2018-2019Details 8Current oil prices are fair, Kuwait deputy minister says Details 8Environmental activists climb aboard Equinor drilling rig in Arctic Details 8US oil-storage industry fines soar on air, water violations Details 8Qatar emerges as front-runner for long-term LNG deal for Pakistan Details 8Four Greenpeace activists board oil rig in Arctic Norway Details 8Gazprom reports doubling of 2018 profit on record Europe salesDetails 8Belarus' Belneftekhim: No clean oil from Russia yetDetails 8PetroChina Q1 profit flat as weak fuel business offsets exploration gainsDetails 8US sanctions on Iran, Venezuela set up crunch for heavier oilDetails 8OPINION: Oil prices stumble as hedge funds become overextendedDetails 8China's Sinopec quarterly profit drops 21 per cent on crude prices Details 8Anadarko's weak performance in U.S. Permian made it a takeover targetDetails 8Origin Energy posts record quarterly APLNG revenue on rising oil pricesDetails 8Oil dips on expectations of rising output, China stutterDetails You can also click on Newsclips for moreDetails
Seismic survey contracts are increasingly incorporating quality and cost based criteria while selecting winning bidders 8Increasingly, this is going to be the norm for all seismic tenders, it seems Click on Details for more
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It is not unusual for buyers of gas to want to control their gas supply sources. 8At one point, fertilizer giant Iffco had tried roping together a band of fertilizer companies to set up an LNG facility. 8Yet another attempt is being made by a bunch of buyers (not related to the fertilizer industry) to set up their own LNG plant 8Find out more on what prompts them to branch out on their own Click on Details for more
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8Project Name: 3-D Seismic Data Acquisition 8Project Cost: Rs 400 crore 8Project Description: Oil and Natural Gas Corporation Limited has floated the RFP for the hiring of services for Processing of 1870 Square Kilometre of 3D Broadband Data for B-66 and C-Series areas for ONGC's Western offshore basin. The owner had awarded the contract for the 3D broadband survey to Shearwater Geoservices Limited for a bid price of Rs 276.8 crores last year. As per the sources, the survey will be finished as per the scheduled deadline ie 31st May 2019. The contract is expected to awarded by the June 2019, with bid closing date on 17th May 2019. Further RFQs for the project are expected shortly. 8Project Event: RFP is expected to close by 17th May 2019. 8Expenditure Approval: Q3/2018 8RFQ Date: Apr/2019 8Release Date: May/2019 8Start Date: Nov/2018 8Completion Date: Q4/2019 Click here for more detailsDetails
This private sector player is looking at drilling shale gas well as well in addition to planned CBM wells 8The project also involves the construction of 5 Gas Gathering Stations, Central Gas Station and interconnecting pipelines for various production facilities. As of now the said changes are under process, which are subject to approval from the environment ministry. The drilling plan is expected to start as per the schedule by Q3 2019 and will be completed within a time frame of 3-4 years. 8Project Event: RFQ for the hiring of EPC contractors is expected by Q3 2019. 8Expenditure Approval: Q4/2018 8RFQ Date: Q3/2019 8Release Date: Q3/2019 8Start Date: Q3/2019 8Completion Date: Q4/2022 Click here for more detailsDetails
Oil and Natural gas Corporation Limited has awarded the contract for the procurement of Mast and Substructure, Crown Block and HP lines related to ONGC owned rigs 8Find out to whom this award has been given Click on Details for more
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8Project Name: Petro-Resid Fludizied Catalytic Cracker Greenfield Unit 8Project Cost: Rs 6877 crore 8Project Description: The technology licensor has been selected 8Project Event: RFQ for the FEED work is expected by July 2019.. 8Expenditure Approval: Q3:2017 8RFQ Date: Jul/2019 8Release Date: Aug/2019 8Start Date: Q3:2019 8Completion Date: Q4:2022 Click here for more detailsDetails
The India LNG story does not seem to be panning out as was thought earlier 82018-19 has been a lackluster year 8Will the current year be any better? Click on Reports for moreDetails
Find out how oil markets are impacted by two big events 8Zero waivers from the US on Iranian oil 8IMO 2020 impact on demand for crude 8Overall, crude demand is expected to moderately downwards from here on, which in itself will play into a complex interplay of factors Click on Reports for a comprehensive reviewDetails
8Contracted offshore rigs market is now showing signs of distinct revival even as the growth in E&P FIDs have begun moderating.Click on Reports for more. 8For Indian shipping companies, has a time come to look at the lifecycle cost of using LNG? Yes, it has. Find out how to do it, what kind of yardsticks to use, and what are the comparables to look out for.Click on Reports for more. 8Storage, handling and dispensing at retail outlets: Download a full OISD paper here. Click on Reports for more. 8How big a dent is LPG availability making a dent in the use of solid fuel use in Indian rural households. A new survey has come out with depressing results. Meanwhile, the effect on Indian forests because of continued fuel wood use has been devastating.Click on Reports for more. 8Get the full data on US LNG exports into India in terms of the name of the exporter, name of the supplier, terms and conditions of the export, name of the trader, destination, departure terminal, vole and price. Click on Reports for more.Details
8Project Name: Development Drilling and Production 8Project Cost: Rs 2400 crore 8Project Description: Oil and Natural Gas Corporation Limited is planning development drilling of 145 wells. The drilling will be executed in 13 mining lease blocks fields using company owned drilling rigs over a 5-year period. The owner is soon expected to float an RFQ for the hiring of EIA consultancy services. Furthermore, the project requirement will be Drill Pipes, Drill Collars, Drill Bits, Casing Pipes, Blow Out Preventer (BOP), Cementing services and Drilling fluids services. 8Project Event: RFQ for the hiring of EIA services is Q3 2019. RFQ for the hiring of equipment and oil field services is expected by Q4 2019. 8Expenditure Approval: Q4/2019 8RFQ Date: Q3/2019 8Release Date: Q3/2019 8Start Date: Q2/2020 8Completion Date: Q2/2025 Click here for more detailsDetails
Project Name: Greenfield Super Thermal Power Project 8Project Cost: 12000 crores 8Project Description: National Thermal Power Corporation Limited along is getting delayed in coming out with the RFQs for an EPC contractor for the main plant works in a 1320 MW (2x660 MW) greenfield thermal power project located at Katwa in the Burdwan district of West Bengal. Find out more why there is a delay, and when are EPC packages expected. Also get key contacts here 8Expenditure Approval: 2020 8RFQ Date: Q3:2019 8Release Date: Q3:2019 8Start Date: 2022 8Completion Date: 2026 Click here for more details Project Name: Super-Critical Thermal Power Expansion Project 8Project Cost: 7000 crores 8Project Description: Get the latest update here 8Project Event: The award of the FGD package is expected by the Q3 2019. 8Expenditure Approval: 2017 8RFQ Date: Q3:2019 8Release Date: Q3:2019 8Start Date: Jan/2016 8Completion Date: 2020 Click here for more details A Renewable 600 MW solar PV power project is planned: What are the requirements ahead 8NTPC plans a 600 MW solar PV power grid-tied project. 8An EPC contractor is required. Click on Details for moreDetails
For reference purposes the website carries here the following tenders: 8Annual Rate Contract for Fabrication and Erection of Structural Work Details 8Annual Rate Contract for Civil Maintenance Work Details 8Supply of 100,000 kg of Pre-Gelatinized Starch Details 8Supply of MDPE pipes for City Gas Distribution Project Details 8OTS for FCHCU in refinery Details 8Thermal Insulation of EHT pipeline Details 8Supply of Activated Charcoal to refinery Details 8Miscellaneous works and assistance for site upkeeping under GTU Project Details 8Supply of Gas Driven CNG Compressors Details 8Supply of Motor Driven Compressors for CGD Project Details 8Three Years Annual Maintenance Contract for Control Valves at Offshore Platforms under B&S Asset Details 8Supply of operational water for hydro-fracturing jobs at different wells of CBM asset Details 8Hiring of Stevedoring Services for Nhava Supply Base Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Cairn Oil & Gas projects Rs 58,521 crore investment to develop blocks awarded under OALPDetails 8ONGC’s oil production lowest in 16 years Details 8US sanction on Iran, BS VI major dampeners: R C Bhargava, chairman, Maruti Suzuki Details 8ONGC gets nod for drilling in Tripura sanctuary Details 8Modi's 'free cooking gas' leaves bitter taste for some IndiansDetails 8Indian consumers face post-election fuel price shock, economy could be hitDetails 8Nigeria and Saudi Arabia to draft MoU on oil and gas - oil ministryDetails 8HPCL-MRPL merger hits cash hurdle; ONGC rules out share-swapDetails 8Chevron posts 27 per cent fall in quarterly profit, hit by lower crude prices Details 8Anadarko Petroleum profit beats on higher sales volumes, lower costs Details 8Oil companies say industry could take on Alberta crude-by-rail dealsDetails 8Brazil's Petrobras to sell 8 refineries, gas station chain-filingDetails 8Exxon Mobil's first-quarter profit misses estimates on lower oil, gas pricesDetails 8Novatek nears deal to sell another 10 per cent stake in Arctic LNG 2Details 8No wind-down for China on stopping its Iran oil buys -Trump officialsDetails 8U.S. oil shipments sailing for Australia highlight growing reachDetails 8Oil producers Husky Energy and Imperial Oil urge Alberta to end curbs Details 8Putin hopes Iran will continue oil exports despite U.S. warning Details 8Hedge funds raise bullish crude bets as prices soarDetails 8Libya's NOC says it strongly condemns militarisation of energy infrastructureDetails 8Russia capable of meeting energy needs of its allies, says PutinDetails 8Oil industry under pressure to respond to climate changeDetails 8Oil falls after Trump urges greater OPEC output to replace Iranian oilDetails You can also click on Newsclips for moreDetails
Ammonia-Urea Brownfield Project 8Cost - Rs 6000 crore 8Project Event: RFQ for the Urea handling & bagging package has been out and bid closing date is extended from 23 April to 11 May 2019. Click here for more details Ammonia-Urea Energy Saving Project 8Cost - Rs 481 crore 8Project Event: Invitation of Bids [ITB] for funding a Rs 280 crore Gas Turbo Generators (GTG) and Heat Recovery Steam Generators (HRSG) has come out and the the last date for submission of bids is 9 May 2019. Click here for more detailsDetails
ONGC's tender for premium casing pipes, in which the domestic content policy of the government is not applicable, saw a bunch of foreign suppliers walking away with Rs 700 crore worth of contracts. 8But UK-based Mertex, an established supplier, made a noisy exit from the bidding process, when its bids were rejected 8Mertex cried foul, claiming that their bids were 10-15% cheaper than that of the competition Click on Details to find out what went wrong.
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ONGC will be looking at the possibility of using lifecycle cost calculations to purchase gas generators which are used in its offshore platforms 8A study is to be conducted taking into account the cost of purchase of gas generators by including their repair and maintenance costs Click on Details for more
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8Project Name: Oil Field Development 8Project Cost: Rs 200 crore 8Project Description: South Asia Consultancy Limited had thought it would bag another field under DSF-2 but did not. Find out what its plans are for the one that it won in the earlier round in 2016. 8Project Event: RFQs for rigs services are expected by Q3 2019 RFQs for hiring EPC contractor for pipeline installation is expected by Q4 2019 8Expenditure Approval: Q4/2017 8RFQ Date: Q3/2019 8Release Date: Q3/2019 8Start Date: Q4/2019 8Completion Date: Q1/2020 Click here for more detailsDetails
Nayara Energy is planning to set up a 200000 per tonne MTBE plant 8Find out more on who could be the possible licensor Click on Details for more, including key contact
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It looks like that the Indonesian partner of Sapoorji-Pallonji, Bumi Armada, promoted by a maverick Tamilian origin promoter, Shankar Krishnan, who faced a CBI arrest warrant for a money laundering case, is not in the pink of health. 8The company was recently able to get an unsecured loan refinanced but the advise given is for Bumi Armada to shed some of its assets to stay afloat. 8Even as Bumi Armada emerges as the controversial sole bidder for the KG-DWN-98/2 FPSO, in consortium with Shapoorji Pallonji, the Malaysian based company will have to shed some of its other FPSOs in order to able to meet the terms set by bankers 8This adds yet another twist to ONGC's controversial contracting process for the FPSO. 8"Bumi Armada's internal financial issues are relevant to that company and not to our consortium. Our bid has been found to be technically acceptable to ONGC, after considerable due diligence," an executive from the Sapoorji Pallonji-Bumi Armada consortium told this website.
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Project Name: Greenfield Integrated Multipurpose Hydel Project 8Project Cost: 2000 crores 8Project Description: AFC India Limited selected for SIA studies for the greenfield multipurpose hydel project. WAPCOS is engaged in collecting three season baseline data for the preparation of an EIA report. An interstate boundary issue is there to resolve, however. 8Project Event: RFQ for the civil works expected by the Q4 2019. 8Expenditure Approval: Q3:2019 8RFQ Date: Q4:2019 8Release Date: Q4:2019 8Start Date: 2021 8Completion Date: 2023 Click here for more detailsDetails
India is behind on the electric mobility business 8While progress has been slow, it can speed up soon Click on Reports for the most comprehensive coverage ever of the EV business in India
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The energy needs per capita at a global level will be 10 percent less in 2050 than they were in 2016, despite the rapid rise in demand from the many households entering the middle class in emerging economies. And the transportation sector will realize some of the most dramatic efficiencies of all. 8Winning companies will need to stage smart bets over time. 8For example, one multinational energy company has adopted a 15-year plan to invest in different energy segments, specific infrastructure projects, and targeted regions. 8Changes on that order of magnitude bring radical new opportunities. 8As an oil & gas company, what are you plans to take on the future? Click on Reports for more
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Indian's crude and gas production seem to have gone for a toss. 8They are way below target 8OIL's output has not recovered from the damage inflicted by miscreants in CISF protected oilfields 8ONGC struggling to to meet its oil production target. Clearly, it is bad news all around, with the private sector faring badly too. 8The only silver lining seems to be a rise in gas output by ONGC Click on Reports for more
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8Eleven years after the company began closing down its sites, RIL has now regained market share in petrol and diesel sales to pre-2006 levels. Click on Reports for more. 8The resurrection turned out to be short lived in the VLCC market. After last week’s fixing frenzy, with rates improving by the fixture, things took a turn for the worse again this week. Click on Reports for more 8Iran sanctions will eventually have a limited impact on oil prices, it seems, afterall. Click on Reports for more 8LNG from local biogas sources can be a viable proposition.Click on Reports for more. 8An oil & gas company with $3 billion in investments is looking at lot of recruitments. Click on Reports for more 8Is India's bio-jet plan really ready for take-off? Click on Reports for more
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Phosphoric Acid Greenfield Project 8Cost - Rs 300 Crore 8Project Event: The company is planning to give the first priority to Zinc Smelter expansion project and so there will be a delay in the setting up of the phosphoric acid plant. RFQs for an EPC contractor is now expected later this year Click here for more details Ammonia-Urea Energy Saving Project 8Cost - Rs 262 Crore 8Project Event: The erection work is ongoing at the site for mechanical & electrical equipment, ong lead item delivery is ongoing at the site, installation is likely to be start in June 2019. The commission schedule, as per the company, is November 2019. Click here for more detailsDetails
Find out why budgetary quotes by vendors in the E&P industry can be way off mark when it comes to arriving at a reserve price for items where there are no previous internal benchmarks. 8Also know more on why hiring a foreign consultant may not help much in arriving at the right price estimate either. Click on Details for more
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ONGC has hired an ex-Halliburton consultant to help it design and execute the complex well completion job in the KG-DWN-98/2 block 8The completion services are needed for 34 wells, including 15 oil and 8 gas wells. There will also be as many as 11 water injection wells Click on Details for more
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The Indian trio of ONGC, OIL and BPCL -- all heavily invested in the Mozambique offshore E&P development-cum-LNG project watch with consternation -- the ongoing battle over control of the operatorship of the project. 8"Every day we hear bids and counter bids for the operatorship, and there is much uncertainty now, particularly when the project is near a final investment decision," an ONGC official told this website Click on Details for more
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Slowly by surely ONGC is now started bring in quality-cum-cost based selection (QCBS) criterion into as many offshore contract as possible. 8QCBS was introduced in the contract for offshore rigs, and the ONGC brass is happy with its success 8It is now being sought to be introduced in other areas of the offshore business. Click on Details for more
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For reference purposes the website carries here the following tenders: 8Procurement of CNG Cascades Details 8Supply of Electric Motor driven CNG Booster Compressors Details 8Hiring services of repairing and rewinding of electrical items Details 8Mud pump with motor for drilling rigs Details 8Design, Supply of materials, Fabrication of equipment, Testing and Commissioning of Aircraft Refuellers Details 8Selection of contractor for installation and commissioning of two fire water pump sets and the associated works Details 8Tank Cleaning Services disposal of dead crude oil from Ankleshwar Block Details 8Scaffolding, erection and dismantling jobs for gas detector installation project throughout the refinery Details 8Transportation of packed LPG cylinders to LPG filling plant at Baitalpur and Gorakhpur Details 8Transportation of packed LPG cylinders to LPG filling plant at Allahabad and BabatpurDetails 8Procurement of GPS tracker for patrollers with buyback of existing trackers alongwith web service support Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Maruti to phase out diesel models from April next year Details 8Vedanta gets green nod for Rs 12,000 crore oil and gas expansion project in Rajasthan Details 8Trump's Iran oil stand gives ammo to Opposition against Modi Details 8India’s crude oil production declines for eighth consecutive year in FY19Details 8Fitch Solutions sees policy uncertainty in oil and gas sector if UPA wins elections Details 8Iran says it will not let any country replace its oil in the market Details 8Iraq says it has enough oil capacity to meet customer needs Details 8German oil industry says currently no trouble with Russian oil quality Details 8Belarus offers Russia to reverse oil flows to get rid of contaminated oilDetails 8Poland's PKN keeps refining as Russian oil imports haltedDetails 8Occidental Petroleum offers $57 bln for Anadarko, topping ChevronDetails 8Delek closing in on $2 bln deal for Chevron's North Sea oilfieldsDetails 8Exxon, Chevron first-quarter earnings expected to dip from last yearDetails 8Sonatrach, Eni sign MOU to renew gas supply contract to ItalyDetails 8Oil dips on hope OPEC will raise output, but market remains tenseDetails 8Suncor CEO urges Alberta to find way out of oil production curtailmentsDetails 8Germany, Poland, Slovakia halt oil imports via Russian pipeline over quality concernsDetails 8China's March Iran oil imports down 25 per cent from year agoDetails You can also click on Newsclips for moreDetails
ONGC has announced key personnel changes in its Mumbai centre 8New asset managers will take over in the key Neelam & Heera, Bassein & Satellite and Mumbai High properties New people have also been appointed for the following key Mumbai-based slots 8Incharge LM (Drilling Services), Deep Water 8Head P&C, Drilling Services 8Head IMPETUS 8Head of Offshore Maintenance 8Head Offshore Works 8Chief of Laboratories 8Basin Manager Western Offshore 8Head Process Chemistry 8Chief of Offshore Finance Click on Details for moreDetails
Project Name: Super-Critical Thermal Power Brownfield Project 8Project Cost: 6000 crores 8Project Description: The owner along with PFR consultant Desein Consulting Engineers is planning the implementation of a new super-critical power complex of 660 MW capacity in place of existing retired units of phase-I (1x20 MW+1x30 MW) and phase-II (2x120 MW) which is located at the Chachai village, in the Anuppur district of Madhya Pradesh. An EPC package for the main plant works is expected. Further bids are expected soon. 8Project Event: RFQ for appointment of an QCI-NABET accredited EIA consultant is expected by May 2019. 8Expenditure Approval: 2020 8RFQ Date: May/2019 8Release Date: May/2019 8Start Date: 2022 8Completion Date: 2026 Click here for more details Project Name: Thermal Power Station - FGD Addition 8Project Cost: 500 crores 8Project Description: It is going to be a sea water based flue gas desulphurization system in the 2x600 MW units out of 1830 MW (3x210+2x600 MW) thermal power plant. Fichtner Consulting Engineers have submitted a draft feasibility report for the FGD system. The owner is currently engaged in the bidding process for the under construction 800 MW unit in the power complex. The tender for the 2x600 MW unit will be floated only after the closure of the price bid for the 800 MW unit. Gas Gas heater requirement is a must. 8Project Event: RFQ for an EPC package for supply, installation, construction, and commissioning of the sea water based FGDs is expected by the Q3 2019. RFQ of an EPC package for supply, installation, construction, and commissioning of the sea water based FGDs is expected by December 2018. 8Expenditure Approval: Q2:2019 8RFQ Date: Q3:2019 8Release Date: Q3:2019 8Start Date: 2021 8Completion Date: 2023 Click here for more details Bhartiya Rail Bijlee Company Limited has awarded the maintenance contract of coal mill, APH, ESP and Rotary Find out who, Click on Details for moreDetails
Riding piggyback on a gas supply deal for a gas based plant in Port Blair, Petronet LNG is planning to set up a CGD network in the island 8There are around 1.2 million vehicles in the island 8And Petronet thinks all of them can be converted to gas Click on Reports for more.
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Shipping companies are finding it difficult to find funding, it seems 8There seems to be a quantum shift on how banks look at funding for shipping companies Find out more on why this is so, and what to expect going ahead Click on Reports for more
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Increases to global supply during the first quarter outstripped increases in demand, resulting in cargoes being dumped into northwest Europe’s spot gas markets. 8This pushed down prices at the region’s UK NBP and Dutch TTF gas hubs. The falls in Europe, in turn, pulled down spot LNG prices for East Asia, which no longer had to compete as hard against Europe for the few spot cargoes it did need. 8The spot price for Japan, China, South Korea and Taiwan plummeted from $8.950/MMBtu at the start of January to below $5/mmbtu as of now. Click on Reports for more
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The oil field services segment is the backbone of the upstream oil and gas industry 8This is a high technology industry 8Yet with the current boom in oil prices and upstream investment, why is it is still struggling to recover from the downturn? 8ONGC, for example, in a recent tender, elicited quotes which were as much as 50% lower than internal estimates for offshore services, surprising the estimation team in the public sector oil & gas major. 8Since 2015, for example, over 170 oil field services companies have filed for bankruptcy. 8Why are things going wrong for this segment? Click on Reports for more.
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Only seven candidates have been invited for interviews to become the next director exploration in ONGC 8Six of them are chief general manager or general manager rank officers 8The PESB has also invited Barnali Baruah Tokhi, the only woman candidate for the job, who is not working with ONGC. 8However, Baruah-Tokhi comes with strong credentials: She did her geology from Mumbai University, worked for 11 years in ONGC in development activities and resource estimation in the producing assets in the west coast of India, and then went and joined Reliance Industries Ltd where she was involved with RIL's ambitious D-6 estimations. For five years, she worked with the Chevron-RIL and Pioneer-RIL JVs, honing her expertise in the Marcellus and Eagleford shale gas plays in the US. She is now the Vice President Technical in Bharat PetroResources Ltd. Click on Details to know more about all the candidatesDetails
Other key personnel appointed in ONGC yesterday were: 8Chief of Drilling Services (Onshore) 8Chief Technical Services, Delhi 8Chief Infrastructure, Delhi 8Head design, Onshore 8Chief of Corporate Planning 8Head of ONGC's power projects 8Head Maintenance (Offshore) 8Head Geophysical Services, Chennai 8Head of Shale Exploration 8Chief, Skill Development Centre Click on Details for more
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ONGC's North Eastern properties have also seen a major revamp of key personnel 8A new head of engineering services has been appointed 8A new asset manager in Assam will take over from SD Maske when he retires in July 8A new basin manager will take charge too for the Assam and AAFB assets 8Tow of ONGC's brightest executive directors -- Alok Kumar Gupta and Sanjeev Kakran -- now working out of Upper Assam 8Om Kumar Singh will take over as OSD in Tripura before taking over as asset manager in Tripura, he was earlier head of Nhava Supply Base in Panvel 8A new head of engineering will also take charge in Sibsagar Click on Details for more
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8A new asset manager will now replace PK Pandey who retires next month. A new surface manger will also take charge in Rajamundry 8A new asset manager will take charge in the Cambay from Kiritkumar Chandrashankar Trivedi who retires in August 8Group general manager Hem Lal Patel will take over as asset manager in Ankleshwar after Serukai Aravamuda Ravi retires at the end of this month but Patel too will retire in September, when Pragnesh Chandrakantbahi Raval will take over. 8A new GGM level officer has been appointed as asset manager in Bokaro in place of Vinay Kumar Gupta who will move to Delhi 8Dheradun will see changes too, with an executive director level officer taking over as head of IDT after its current incumbent moves to Mumbai to take over the Heera and Neelam asset. A new frontier basin manager will also work out of Dheradun after Naresh Kumar Punjrath retires in June. There will also be a new head of the Dheradun based ONGC Academy while Pradipta Misra will take over as head of GEOPIC in Dehradun after Umesh Chandra Saxena's superannuation in July. There will be a new HRD head in Dehradun as well 8The Rajasthan-Kutch exploration asset will also see a new asset manager. Ram Krishna Haldar takes over as Head Drilling Fluid Services in Dehradun from Ajay Kumar Joshi who is to retire in July. 8New basin managers will take over in the Krishna Godavari and Western Offshore Basin Click on Details for more
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For reference purposes the website carries here the following tenders: 8Construction of steel pipeline and associated facilities on Annual Rate Contract basis Details 8Pipeline Information Management System for Pipeline Project Details 8Procurement of long radius bends on Annual Rate Contract basis Details 8Service contract for support, peripheral and allied services Details 8Procurement of resources for instrument department Details 8Supply of MOV Globe Valves for VDPL project Details 8Supply of Manual Valves for VDPL Project Details 8Mechanical SOR Works at AP Locations Details 8Mechanical SOR Works at Telangana Locations Details 8Supply of AG TG urea to silvassa terminal Details 8Road transportation of Packed Lubricants/ Greases/ Specialities/ Additives/ Coolants etc in ISO type container Trucks Details 8ARC for critical scaffolding jobs in refinery for two years Details 8Hiring NPU Package for a period of two years Details 8Strengthening of Pipes using Composite Repair system of Gas Terminal & CFU Unit Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8US decision to end Iran oil sanctions waiver won't affect India's investments in Chabahar portDetails 8India seeks right balance of ties with US, IranDetails 8Poll effect: In Bengaluru, fuel prices remain flat though crude is dearer Details 8OPINION: India has to navigate US' Iran oil sanctions both economically and geopoliticallyDetails 8Aramco's bond 'only the beginning', says Saudi energy minister Details 8Shell in talks to buy BP stake in North Sea gas field Details 8Saudi plans to keep oil output within levels of OPEC cuts: Falih Details 8Iran can export as much oil as it needs: Iran Supreme LeaderDetails 8Saudi's Falih: No need for immediate action after end of Iran oil waivers Details 8Algerian state energy company Sonatrach's CEO sacked Details 8China protests US sanctions threat for buying Iran oilDetails 8Greek J&P AVAX files lowest bid to build Bulgaria-Greece gas linkDetails 8Global oil markets adequately supplied: IEADetails 8Strait of Hormuz: The world's most important oil arteryDetails 8Rupee losing its nerve on rising crude prices, pre-poll jittersDetails 8Sanctions on Iranian oil bring US drivers pain at the pumpDetails 8Indonesia's Pertamina buys first ever US crude oil cargoDetails 8Iran leader says US oil sanctions won't go 'without response' Details 8North America driving global oil and gas pipeline 'boom'Details 8Oil prices fall as soaring US supply offsets tighter Iran sanctionsDetails You can also click on Newsclips for moreDetails
No one can really take on Schlumberger when it comes their pricing strategy for their products and services 8Take the case of well completion services for ONGC's KG-DWN-98/2 8The prices quoted by the other two competitors -- Halliburton and the Baker Hughes-Expro consortium -- were way above the $103 million quoted by Schlumberger 8A top Schlumberger executive, speaking to this website, explains how it beat the competition by quoting aggressively by quoting high on the supply of equipment but low on fees charged for service personnel. 8"Baker Hughes had a huge cost advantage over us in the supply of completion equipment but we scored over them when it came to pricing our service fees for personnel and rental equipment," a Schlumberger executive told our website. 8Also know more on why Schlumberger was able to quote much lower rental equipment rates than its competitors Click on Details for more
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ONGC has got its internal reserve price entirely wrong for almost all of its tenders in the KG-DWN-98/2 block 8ONGC is blaming it on it main consultant Intecsea for the differential 8But the company's brass needs to be made responsible too, of getting most estimates widely wrong Click on Details to find out more on what had gone wrong, and what course corrections the company is now doing
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Phosphoric Acid Expansion Project 8Cost - Rs 100 Crore 8Project Event: Erection and installation of mechanical & electrical has been 80 % completed. The commissioning likely in July 2019. Click here for more details Granular Single Super Phosphate Greenfield Project 8Cost - Rs 148 Crore 8Project Event: The proposal for environmental clearance has been accepted. RFQ for the EPC contractor is likely to be released in May 2019 in place of April 2019 because of delays in internal approvals. Click here for more detailsDetails
Welspun Corporation Ltd may have received a big boost when the government put in place a policy that effectively barred foreign pipe manufacturers from bidding in Indian projects where pipes are needed. 8But Welspun's economics are no longer determined by mere government fiat on local content requirements in pipes. 8The company has a much wider horizon now Click on Reports for more
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Iran accounts for 10% of India's oil imports. 8With the Americans turning of the Iranian tap, Indian companies are looking at a Plan B. 8Find out how they are being impacted and what alternate measures are they planning to adapt to plug the gap. 8Also know more on how India is going to impacted economically by the US decision to disallow Iranian imports Click on Reports for more
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Project Name: Thermal Power Plant - Installation of FGD 8Project Cost: 1000 crores 8Project Description: The owner seems to have put off the installation of a Wet Flue Gas Desulphurisation system in the 1340 MW thermal power station s due to ongoing state assembly elections. Approval from the state government has been obtained. Fichtner Consulting Engineers had prepared the draft feasibility report for the project. The WFGD units will be equipped with a gas-gas heater. 8Project Event: RFQ for the design, engineering, supply, erection, and commissioning of WFGDs is expected by June 2019. 8Expenditure Approval: Q3:2018 8RFQ Date: Jun/2019 8Release Date: Jun/2019 8Start Date: 2020 8Completion Date: 2022 Click here for more detailsDetails
Project Name: Super Greenfield Thermal Power Project 8Project Cost: 15000 crores 8Project Description: The EPC contractor BHEL along with sub-contractor Bygging India Limited is carrying out the RCC works in the chimney for the greenfield super thermal power project. BHEL has allotted Ion Exchange (India) Ltd for the condensate polishing unit in the units. Moreover, civil works at the main plant are in process. A bid for induced draught cooling tower package had been floated in which Paharpur Cooling Tower, Hamon Shriram Cottrell Pvt.Ltd., and Bridge & Roof Company Limited are the major contenders. The boiler erection works are yet to start. BHEL along with the supply of turbine auxiliaries has also won the bid for supply of WFGD for the project. While GE Power India will supply pressure parts equipment of the boiler at a cost of 467.9 crores. Unit-1 is expected to be synchronized by the end of 2021. Further bids are expected soon. 8Project Event: RFQ for the erection and commissioning of the CHP and AHP is expected by July 2019. 8Expenditure Approval: Nov/2017 8RFQ Date: Jul/2019 8Release Date: Jul/2019 8Start Date: Q1:2019 8Completion Date: Q4:2023 Click here for more detailsDetails
NPK-DAP Greenfield Project 8Cost - Rs 987 crore 8Project Event:The proposal for environmental clearance has been submitted, RFQ for the EPC contractor is likely to be released in May in place of April 2019. Click here for more details Ammonium Phosphate Greenfield Project 8Cost - Rs 500 crore 8Project Event: The first priority is the zinc smelter project after that it plans to hire an EPC contractor for its Ammonium Phosphate Sulphate project Click here for more detailsDetails