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Jun 2019

Three bidders are reportedly in the race for the Rs 400 crore seismic data acquisition tender floated recently
8The tender had closed on May 30
8LOI is expected to be granted by July, 2019
Click on Details for more Details
NPK Fertilizer Greenfield Project
8Cost - Rs 1517 Crore
8Project Event: RFQ for EPC contractor was floated in February 2017 and price bid has opened in Jan 2018, due to high price bids, finalization has been delayed. Next steps are under discussions and a final decision is now likely in July 2019 in place of May 2019 due to delay in the discussion.
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 July 2019. The RFQ for the EPC contractor is likely to be released in July 2019.
Click here for more details
Access to these links are available through our sister portal, www.indianfertilizer.com Details
For reference purposes the website carries here the following tenders:
8Procurement of Strong Acid Cation and Strong Base Anion Details
8ARC for Hot and Cold Insulations of Process Piping and Equipments Details
8Hiring of Services for maintaining Polymer Material in Warehouse and Sales Process from the Warehouse Details
8Capping, Changing O-ring and miscellaneous Filled Cylinder Handling Jobs at LPG Plant Details
8Carrying out civil or electrical or mechanical works associated for retail outlets Details
8Procurement of LSAW Pipes Details
8Restoration for well site of SSAF at village Gajana at Borsad area Details
8Supply of Guided Wave Radar Level Transmitters Details
8Supply of Hydro Carbon, H2S gas detectors for CPP Unit at refinery Details
8Testing and Servicing of HT Breakers Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Retail sector will drive GAIL's growth, says Bhuwan Chandra Tripathi Details
8Oil minister Pradhan discusses crude price volatility with US energy secretary Rick Perry Details
8Panel to consider allowing private companies to sell subsidised LPG Details
8Oil PSUs join world cup bandwagon to push sales Details
8Reliance Industries to shut crude unit at Jamnagar refinery Details
8Britain's Grangemouth oil refinery experiences unplanned outage Details
8OPEC+ to take consolidated decision on output pact: Russia's Sorokin Details
8Falih: Saudi Aramco extends offer to buy stake in Arctic LNG 2 - TASS Details
8Gazprom may issue Eurobonds in Oct-Nov, likely in euros Details
8Saudi's Falih: only Russia is still undecided on OPEC deal extension Details
8Japan's Fuji Oil restarts Sodegaura crude distillation unit after maintenance Details
8Oil price could fall to $30 if global deal not extended: Novak Details
8Crude oil futures climb 1.53% on global cues Details
8Comstock Resources to acquire natural gas firm Covey Park in $2.2-bn deal Details
8Oil stable as market eyes ongoing supply cuts amid downturn Details
You can also click on Newsclips for more   Details
For reference purposes the website carries here the following tenders:
8Supply of Iron Free Butyraldehyde, N Butanol and 2 Ethyl Hexanol for Oxo Alochol Unit of refinery Details
8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Delhi Terminal Details
8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Indore IRD Details
8Supply of 3LPE Coated Line Pipes for CGD Project Details
8Overhauling of Vessels of ISOM Unit during shutdown Details
8Requirement of Hast Alloy Seamless Pipes Details
8Requirement of Hast Alloy Flange and Fittings Details
8Procurement of Hot Oil Pump Motor for Neelam Platform Details
8Design and commissioning of Gas Compressors at four installations Details
8Supply and installation of UPS System on LSTK basis Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ONGC to spend Rs 3,500 crore in drilling 100 wells in Assam blocks Details
8India's Reliance seeks three LNG cargoes for July, Sept, Oct -sources Details
8No oil, but Delhi engaging Tehran on other issues Details
8ONGC, Vedanta set to win 9 oil, gas blocks each; Reliance-BP one, OIL 12 Details
8RIL-Saudi Aramco deal said to have hit roadblock; RIL shares down 0.5% Details
8LPG price hiked again, crosses Rs 700 in Mumbai Details
8Russia, Belarus yet to agree on additional June oil supply Details
8Saudi Arabia's Falih says OPEC close to agreement on extending oil deal Details
8Oil rises nearly 3% as Saudi signals OPEC deal extension, stocks rally Details
8Putin: Pipeline cancellation will cost Bulgaria $400 mn a year Details
8OMV to pay Gazprom $1 billion for stake in Siberian gas field Details
8Lower crude prices good for OMCs as well as Indian consumers: M K Surana, HPCL Details
8Ankara presses Turkish Cypriots' resources claim after Cyprus agrees gas deal Details
8Belarus says it suffered most from Russian oil contamination Details
8Gas surges globally as green groups cry foul Details
8Brief: Brazil's Petrobras says fuel theft costs exceed $39 million Details
8Iran has no plans to leave OPEC - oil minister Bijan Zanganeh Details
8Iran says selling oil through 'unconventional' means Details
8U.S. sanctions target Iran petrochemicals, analysts see modest effect Details
8Global gas demand to grow at 1.6% per year until 2024 - IEA Details
8Saudi's Falih: We don't want to engage in race to up oil output Details
8Iraqi oil minister says global output deal likely to be extended Details
8Oil prices rise on likelihood of ongoing OPEC+ supply cuts Details
8Greenpeace activists halt BP's North Sea oil rig Details
8INNOVATION: Scientists develop green technology to replace petrol-based polyol Details
You can also click on Newsclips for more   Details
8Project Name: Oil Field Development
8Project Cost: Rs 250 crore
8Project Description: The private operator along with its joint venture partners is planning to undertake the development drilling and hook up of wells to an existing Gas Collection Station, which also involves the laying of interconnecting pipelines in an E&P block. Currently, the revised field development for the project is under preparation. The block was offered to the consortium in 2002 and,  currently, 2 wells are under production in the block. The owner is soon expected to come up with the RFQs for the drilling contract. The EPC contractor for the pipeline installation will be hired separately.
8Project Event: RFQs for the hiring drilling services is expected by the Q4 2019.
 RFQs for the pipeline installation services is expected by the Q4 2019.
8Expenditure Approval: Q3/2019
8RFQ Date: Q4/2019.
8Release Date: Q4/2019.
8Start Date: Q3/2020
8Completion Date: Q4/2022
Click here for more details   Details
Ammonia-Urea Revamp Project 
8Cost - Rs 6000 Crore
8Project Event: The installation of equipment is ongoing and 96 % physical progress has been achived. The major progress reported so far: switchyard has been charged from with grid power. Meaning work is currently ongoing: there is Wipro for water block, Simplex for Prilling tower, Bhel for Utility Bolier & tubes, GITL for gas connectivity. At the latest monthly review, It is found that except GITL, other three are likely to complete their in August 2019. the GITL will take another three months to complete. Commissioning is likely to be done by November 2019.
Click here for more details
Coal Gasification Unit Greenfield Project
8Cost - Rs 4750 Crore
8Project Event: Wuhuan Engineering is an L1 bidder in a race that saw participation from L&T, Tata Project and one other Chines Companies for the LSTK contractor. The evaluation for LSTK contractor has been completed. Final DPR incorporating input from the LSTK tender has been submitted and finalization is due at the end of June 2019.
Click here for more details  Details
8Mahanagar Gas Ltd: Encashment of bank guarantee for non-performance remains a key regulatory uncertainty. Click on Reports for more.
8Find out how India's gas prices compare with those prevailing in other countries around the world. Click on Reports for more.
8Indian Institute of Petroleum & Energy: Looking for a new chairman for the Board of Governors. Click on Reports for more. Details
Hydrogen supply cost is forecasted to go down to $40-50cent/Nm3 on average at a hydrogen dispensation station. 
8This will be higher on average than around $30-40cent/Nm3 which is competitive target price for gasoline. 
8Epoch making technological development related to Fuel Cell Vessels (FCVs) and hydrogen power plants are expected going ahead
Click on Reports for more  Details
Project Name: Greenfield POL Terminal Project
8Project Cost: 432 crore
8Project Description: The owner has hired PDIL as an EPC contractor to install a greenfield POL terminal with a capacity of 29170 KL. Engineers India Limited is appointed as DFR consultant. RFQ for the civil and structural work has already come out and the bidding process is on. Further RFQs are expected soon.
8Project Event: RFQ for the Mechanical and Electrical work is expected by mid of August 2019.
8Expenditure Approval: Q3:2017
8RFQ Date:Q3:Aug/2019
8Release Date:Q4:Oct/2019
8Start Date: 2019
8Completion Date:2021
Click here for more details Details
Project Name: Brownfield POL Terminal Expansion Project.
8Project Cost: 108 crore
8Project Description: The owner has hired the LSTK contractor but clearances have been deferred and the project has gone on hold.
8Project Event: No RFQs expected until the Environment Clearance granted.
8Expenditure Approval: Q3:2017
8Start Date: 2019
8Completion Date:2020
Click here for more details Details
8Project Name: Oil Field Development
8Project Cost: Rs 88 crore
8Project Description: The owner's RFQs for integrated drilling services for 5 well drilling programme is expected to be out this month with the grant of the environment clearance for the NELP IX round. The project involves development drilling of 3 oil wells, augmentation of 2 existing wells and laying of an infield pipeline to connect with the nearest ONGC production facility (GGS). The project is expected to start by the end of 2019. Further RFQs are expected shortly.
8Project Event: RFQ for hiring integrated drilling services is expected by June end 2019.
8Expenditure Approval: Q4/2017
8RFQ Date: 30/Jun/2019.
8Release Date: Aug/2019.
8Start Date: Q4/2019
8Completion Date: Q1/2021
Click here for more details Details
A 2000 sq km marine seismic job with a price tag of $70 million, was completed for $70 million.
8Find out who did the job
8And what kind of seismic vessels were deployed
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The Heera Development Phase-III project had four technically qualified bidders
8There were four bidders in the race
8One emerged as the clear winner by a long margin
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The website carries here a full analysis of how lower than expected PNGRB tariffs will impact the fortunes of GAIL going ahead.
GAIL faces challenges on the other business fronts too:
8Petrochemicals – upcoming global expansions
8US long-term contracts – declining spot LNG prices
8LPG: An expanding global glut
Click on Reports for more Details
The offshore rig market is expected to remain depressed and it will be slower to recover than had been widely expected.
8Demand is expected to grow at 1% per year through 2035, according to new research
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Hiring of service for insurance broker Details
8Procurement of Universal Testing Machine Details
8Supply of Liquid Loading Arm for construction of POL Terminal Details
8Supply of Pipes at Dharmapuri Details
8Supply of Centrifugal Pumps Details
8Supply of Bends with Couplings Details
8Providing manpower service for repair of various departments office furniture of the refinery Details
8Procurement, Installation & Commissioning and familiarization of Gas Chromatograph Details
8Hiring of Hot Oil Circulation Unit Details
8Hiring of Annual Rate Contract for onsite calibration of field instruments & measuring instruments at three Drilling Rigs Details
8Procurement of Caustic Soda Details
8Purchase of 26 numbers of Cementing units including installation & commissioning, training and AMC Details
8Procurement of Corrosion Inhibitor for Oil, Gas and Well Fluid Lines Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Excise department’s show cause notice not legally tenable: HPCL Details
8RIL looking at removing production bottlenecks at Vadodara facility at a cost of Rs 2,270 crore Details
8IOC, HPCL to contest over Rs 4,000 crore tax demand on sale of ethanol blended petrol Details
8How elevated crude oil prices acted as a saving grace for ONGC Details
8Regulator fixes lower pipeline tariff for GAIL; stock slumps Details
8Russia's Gazprombank, Italy's Ansaldo Energia to sign gas turbines deal Details
8Lukoil hopes OPEC deal will allow oil price to rise towards $70 Details
8Russian oil contamination should not affect Transneft's 2018 dividends Details
8Israel extends oil, gas exploration tender deadline till July 15 Details
8Shell launches e-fluids to optimise electric vehicle performance Details
8Cyprus strikes $9 bln gas production deal Details
8Russia discussing its position on OPEC deal Details
8Russia can offset current oil output cuts by year-end: Novak Details
8Lukoil head says oil contamination losses insignificant to his firm Details
8Oil prices extend gains, move further away from five-month lows Details
8Williams expects to overcome environmental concerns on Northeast Supply natgas pipe Details
8Engie Brazil CEO predicts Supreme Court will allow $8.6 bn gas pipeline deal Details
You can also click on Newsclips for more   Details
8The VLCC market seems to be in a state of limbo, as the much-expected upturn is now expected to come later than sooner. The VLGC market however seen activity on the back of demand by Indian majors. Click on Reports for more.
8Get the latest buy-sale data for the shipping industry here. Click on Reports for more.
8A Krishnapatnam-Hyderabad petroleum products pipeline is planned. A product pipeline is also planned from Devangonthi to Chitradurga. Click on Reports for more.
8OIL & ONGC: No upturn is expected in their performance any time soon. ONGC should now stay away from large debt-funded acquisitions. Click on Reports for more.
8Indian Oil R&D: Going places.Click on Reports for more.
8The air quality in Lucknow: Above limit, by far. Click on Reports for more.
8Rapid, customer-tailored pricing adjustments being made possible by new digital and advanced-analytics capabilities can generate substantial revenue improvement for petrochemical companies.Click on Reports for more.
8An oil company is moving towards polyesters and onwards into textiles.Click on Reports for more.
8The cost of solar and wind power continues to fall, and this trend will continue well beyond 2020. What is more, by 2020 these two energy sources will consistently offer a less expensive source of new electricity than the least-cost fossil fuel alternative, without financial assistance. Click on Reports for more.
8What to do when there is an LNG spill on water when ship-to-ship bunkering. Click on Reports for more. Details
Two companies bid for the contract
8The lowest bid comes at $345 million, when price bids were opened yesterday.
Find out more on who came out L-1
Click here for more details Details
8Project Name: Oil Field Development
8Project Cost: Rs 104 crore
8Project Description: A private-public JV is planning the drilling and hook up of 4 infill wells and 6 development wells. The project will also involve laying of a pipeline for connecting with the existing Gas Collection Station. The field development for the project has already been submitted to DGH and is under process. But there have been some hurdles in the grant of TOR, as the project has been rejected several times on different grounds but clearances are now expected soon. The block was offered under 9th Exploration PRE-NELP round in 1995 and till now 6 wells have been drilled, with an annual production rate of 2.33 Million Metre Cube.
8Project Event: RFQs for the hiring drilling services is expected by the Q4 2019.
RFQs for the pipeline installation services is expected by the Q4 2019.
8Expenditure Approval: Q3/2019
8RFQ Date: Q4/2019.
8Release Date: Q4/2019.
8Start Date: Q3/2020
8Completion Date: Q4/2021
Click here for more details Details
8Project Name: Offshore Field Development
8Project Description: The private sector operator has begun accepting quotations for the hiring of jack-up rig and equipment for its offshore block. The EPC contractor hiring process has not been initiated till now and will take some time. The EIA report for the project is under preparation and is expected to be completed by August 2019. The Field Development Plan (FDP) of the block has already been approved by the ministry. 
8Project Event: RFQ for the hiring of an EPC contractor for platform and pipeline installation is expected by August 2019.
8Expenditure Approval: Q4/2017
8RFQ Date: Aug/2019.
8Release Date: Oct/2019.
8Start Date: Feb/2020
8Completion Date: Dec/2022
Click here for more details Details
Where there is a demand for gas, expect more competition among suppliers for market share
8Morbi, the ceramic cluster in Gujarat is now at the centre of a marketing offensive from gas suppliers
Click on Details for more Details
The Mozambique RLNG project -- in which the Indian trio of ONGC, OIL and BPCL are heavily invested -- has finally taken off, even as there was speculation that some of the offtakers were having second thoughts on their deals after the recent widening of the gap between spot and contract prices of LNG.
8The EPC contract for the onshore development work for the 12.88 mmtpa plant was awarded yesterday
Click on Details for more Details
Ammonia-Urea & Captive Power Unit Greenfield Project
 8Cost - Rs 7000 Crore
 8Project Event: RFQ for the EPC contractor is likely to be released soon.
Click here for more details
Ammonium Nitrate Greenfield Project 
 8Cost - Rs 1750 Crore
 8Project Event: The company is hired Casale as the technology licensor. The RFQ for the EPCM contractor is likely to be released at the end of June 2019.
Click here for more details 
(These links are available to you only if you are a subscriber to our sister site, www.indianfertilizer.com)  Details
The PNGRB has left unchanged its interim levelized tariff order for the controversial Rs 17, 240 crore East West Natural Gas pipeline. The new "final" rates are three times of what its owners are currently charging customers and are significantly higher than the previously notified rates.
8The pipeline was taken over from the promoter group, made up of the RIL brass by Canadian super fund Brookfield, soon after the tripling of tariff rates -- from what is being charged -- was announced by the regulator through an interim order.
8The pipeline was recently in the limelight after Dutch investigators 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. The latter, however, denied these allegations.
8The tariff rate was determined based on a review by an "internationally reputed consultant appointed through bidding" by the PNGRB.
8The PNGRB, however, said that the tariff order is subject to further validation of cost data by its internal team or by an agency to be appointed by it
Click on Reports for the PNGRB order and on Details for analysis. Details
An anonymous letter is the secret weapon used by rivals in India when they want to damage reputations built laboriously over many years of work.
8One such letter points to a former Petronet LNG official leaking out sensitive information to a rival.
Click on Details for more  Details
8Find out who this award has gone to
Click on Details Details
8Project Name: Offshore Development
8Project Cost: Rs 280 crore
8Project Description: The  EPMC and the EPC contracts for the topside modification in the jackup rig have been awarded.. Currently, tendering process is going on for the marine side works on MOPU and for drilling and 12.85 km Subsea pipeline completion. But still there is hurdle in the project as of now
8Project Event: LOI for the marine side works and Subsea pipeline completion is expected to be awarded by August 2019.
8Expenditure Approval: Q3/2017
8RFQ Date: Aug/2019.
8Release Date: Aug/2019.
8Start Date: Q4/2019
8Completion Date: Q4/2020
Click here for more details Details
8Project Name: Offshore Field Development
8Project Cost: Rs 500 crore
8Project Description: Oil and Natural Gas Corporation Limited and HOEC both are planning to jointly operate development drilling and production programme in PY-3 Block (CY-OS 90/1) located in the Cauvery Basin. Currently, the proposal for the revised field development plan and production sharing contract is under review by DGH. Furthermore, the RFQs for the hiring of the EPC contractor for Integration of PY-1 and PY-3 facilities though a 6 Km offshore pipeline will be released once the project receives a nod from the DGH. 
8Project Event: RFQ for the hiring of EPC the contractor is expected by Q3 end 2019.
8Expenditure Approval: Q1/2016
8RFQ Date: Sep/2019.
8Release Date: Oct/2019.
8Start Date: Q3/2020
8Completion Date: Q3/2021
Click here for more details Details
Odalarevu is the landing point for gas from ONGC's KG basin discoveries, and two pipeline owners are at loggerheads over who should have access to it
8One is fighting to preserve its access monopoly while the other is looking to find a gas source to ensure adequate supply through its pipeline network.
8The question before the PNGRB is whether it should stand on technicalities or should it allow a more democratic access to a gas source.
Click on Details for more Details
Work on the 2000 km Mehsana-Bhatinda pipeline is likely to speeded up, now that the pipeline contracts have been awarded.
8Of particular interest in the contracting process was the fact that L&T could not emerge as a winner. L&T is usually quite aggressive when it comes to bidding for oil & gas project, but here is one instance where lesser but more nimble rivals have stolen the march
Click on Details for more Details
The R-Series drilling campaign is entering its final stages
8Lower completions have been completed
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Ultrasonic Thickness Measurement of Above Ground Piping and Testing of Load Lifting Tools Details
8Procurement of Higee Deaeration Skid in refinery Details
8Supply of Transformer Oil Details
8Supply of Liquid filled pressure gauges Details
8Supply of Gate Valves Details
8Supply of Tubing with Accessories Details
8Inside Blow Out Preventer for Drill Pipes Details
8Renewal of Quest Kace Patch Management System with additional 500 Users Licenses Details
8Extension of 2 Bay Gantry at LPG Plant Details
8Miscellaneous works at LPG Plant Details
8Transportation of Hivoltol (Transformer Oil) Details
8Supply and Installation of Tank Farm Management Details
8Operation and Maintenance Services of Production Facilities at Sanand Miroli Block Details
8Supply of Molecular Biology Chemicals Details
8Supply of Booster Compressors for CGD Project Details
8Contract for Manpower Services Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Amit Shah, ministers review BPCL's Mozambique investment plan Details
8Expert Committee’s recommendations on auto fuels will be credit negative for PSU OMCs: ICRA Details
8Indian Oil, BPCL, HPCL to lay world’s longest LPG pipeline worth Rs 10,000 crore Details
8Oil prices fall as energy demand set to take a hit amid economic slowdown Details
8Natural gas not to drive ONGC's profitability in near term: Moody's Details
8Now, prisoners to manage fuel pumps in Punjab Details
8BRIEF: Hindustan Petroleum, Indian Oil, Bharat Petroleum to form JV to operate LPG pipeline Details
8Three-way merger of power cos, GAIL split first up in PSU rejig Details
8Patna: CNG kits for petrol cars in a week Details
8Indian Railways use bio-fuel trains on the World environment day Details
8Russia will keep oil output in June in line with agreements Details
8BP agrees to sell Egyptian oil assets to Dubai's Dragon Oil Details
8Senegal's opposition calls for inquiry on BP gas deal Details
8Cheniere signals new LNG pricing structure with Apache deal Details
8Pakistan LNG seeks 240 cargoes for 10-year delivery period Details
8Iran tells OPEC it opposes moving oil producer group's next meeting to July Details
8Shell eyes dividend and spending boost after 2020 Details
8Australia's Ichthys LNG plant offers two cargoes for June loading Details
8OPINION: Lower oil prices start to rebalance the market Details
8World Bank cuts Russia 2019 growth outlook due to lower oil output Details
8Hurricane Energy hits first oil in UK "fractured basement" field Details
8World's biggest firms foresee $1 trillion climate cost hit Details
8Outcry in Senegal after BBC probe into gas contract Details
8Seven companies bid for eleven contracts in Colombia oil auction Details
8How NGT order turned Morbi into a hub for clean fuel Details
8Oil prices fall on rise in U.S. inventories, supply worries Details
8Oil, gas and coal markets pummelled by economic slowdown Details
You can also click on Newsclips for more   Details
What is the latest status on HPCL's Vizag refinery's attempts to find an EPC contractor for its slurry hydrocracker unit?
8It is not going as per plan, it seems
Click on Details for more Details
The call for a renegotiation of oil-linked long term contracts seems to be getting more strident after Asian spot prices are hovering at the sub-$4.5/mmbtu levels.
8Asian buyers are getting to more strident in calling for renegotiating long-term contracts away from oil-indexation.
8The current low prices are now impacting project Final Investment Decisions (FIDs), it is learned.
8It was announced that Mozambique LNG project, in which the Indian trio of ONGC, OIL and BPCL are invested, will take a final investment decision on June 18. Industry watchers are now waiting for the announcement.
Click on Reports for more Details
GAIL claims it will spend another Rs 1300 crore on the Dabhol Bangalore gas pipeline
8And another Rs 3000 crore on opex
8Unaccounted gas loss is pegged at a massive Rs 1000 crore
Click on Reports for more Details
On the face of it, the "open access" link on GAIL's website looks quite impressive. For a close-minded monopoly, it may seem like quite a lot of transparency. "Be assured of transparent, responsive and efficient services," it says. It opens up a chunk of GAIL's 11,400 km of pipeline systems to open access
8The pipelines have been named, so are the sub systems. The total capacity, available capacity for common carrier and the tariff that you will pay, they are all documented.
8GAIL also promises to respond in three days to any request for common access.
8The gas major also claims it has a nil rejection rate.
8And yet despite the fact that GAIL's open access policy is in place for a few years, why is it that it could only garner a 33% capacity utilization rate for the capacity that is meant to be under open access?
8Clearly, there is a need for greater transparency, something that the PNGRB should take note of.
Click on Details for more Details
GAIL is reported to have proposed a gas swap policy for all city gas distribution companies which are setting up shop and are in need for gas.
8The idea is to take out a quota from out of comingled gas available under GAIL's network and supply it to a CGD company at APM prices
8While the idea sounds great, it comes with an unwarranted rider
Click on Details for more Details
The race is on for the SURF tender for RIL-BP's SURF contract for deployment in the MJ-1 discovery after its SPS contract ended in a bit of controversy.
8Two companies are in the race
8RIL is known in the industry to be a "hostile negotiator" capable of pushing the winner to the corner before giving out a contract.
Click on Details for more Details
8Project Name: Development drilling
8Project Cost: Rs 425 crore
8Project Description: The owner will soon release the RFQs for the hiring of an LSTK contractor for the construction of a Group Gathering Station for a 20 well development drilling and associated facilities development project. The bidding process is currently on for an Early Production System as well and LOI is expected this month
8Project Event: RFQ for the hiring of an LSTK contractor for GGS is expected by July end 2019.
8Expenditure Approval: Q4/2018
8RFQ Date: Jul/2019.
8Release Date: Aug/2019.
8Start Date: Q2/2020
8Completion Date: Q4/2023
Click here for more details Details
8Project Name: Development Drilling
8Project Cost: Rs 1325 crore
8Project Description: EIA report preparation for the 53 wells development drilling project in Assam is on. Further tenders for the hiring of services for the civil works and rig mobilization will be floated once the owner files for the environment clearance of the project. The wells will be drilled at an average depth ranging from 2200 - 3300 m. The crude oil produced from the proposed wells will be sent to an already existing Group Gathering Station (GGS)
8Project Event: RFQ for Civil works and Rig mobilization services is expected by Q4 2019.
8Expenditure Approval: Q1/2019
8RFQ Date: Q4/2019.
8Release Date: Q4/2019.
8Start Date: Q2/2020
8Completion Date: Q4/2024
Click here for more details Details
Oil and Natural Gas Corporation Limited has signed a tripartite MOU with BSNL and MTNL for an overall period of 5 years.
8Clearly, one public sector company favours another one
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Providing the Retired Revenue Manpower to various Pipeline Projects Details
8Supply of Flanges Details
8Hiring of service contract for operational assistance & loading unloading of liquid hydrocarbon Details
8Procurement of 25 MT Urea for Effluent Treatment Plant Details
8Procurement of Density Meter for Liquid Hydrocarbon Details
8Supply of Certified Reference Standards Details
8Supply of Valves Details
8High Mast for Construction of POL Terminal Details
8Supply of Domestic Diaphragm Natural Gas Meters Details
8Procurement of Viscometer along with calibration certificate Details
8Procurement of Wax Inhibitor for the Surface Team Details
8Hiring of Services for Gas Dehydration System and Dew Point Depression Services Details
8Procurement of Caustic Soda Flakes and Alkali Soda Ash Details
8ARC for repairing of LT motors Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Great beginning for govt again; fuel prices slide on global cues Details
8Mahindra & Mahindra to move to BS-VI norms ahead of plan Details
8Iraq picks Hyundai Engineering for $2.4 bln seawater injection project Details
8Mexican president urges oil independence amid US trade tensions Details
8Strike would cut Norway's oil and gas output by 11% per day: Industry body Details
8Saudi's Falih says OPEC+ consensus emerging on output deal in second half Details
8Goldman Sachs sees oil prices steadying at current levels Details
8Saudi Arabia deepens oil output cut in May Details
8Norway petroleum production would fall by 440,000 boed in case of strike Details
8OPINION: Hedge funds accelerate oil sales as economy worsens Details
8Oil prices pressured by economic slowdown, but Saudi commitment to supply cuts supports Details
8YPF prepares first shipment of liquefied natural gas from Argentina Details
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It learned that  an Indian engineering outfit is likely to land the detail engineering job for the Shapoorji-Pallonji and Bumi Armada JV which is building the FPSO for ONGC's KG-DWN-98/2 block
8Find out how many hours of work it will involve and who is going to bag the contract
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Even as India, and the world for that matter, open up to the use of more gas, with increasing global warming, a backlash of sorts to the use of gas as an interim transition fuel seems to be mounting by the day.
Here are a few myths that are sought to be busted:
8Gas will be a far more carbon efficient fuel than coal
8Coal to gas conversion in the power sector will help bring down emissions
8That gas-based power plants should be used for peaking load purposes
8Building gas pipelines will help mitigate emissions
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Cheaper spot LNG prices have pushed LNG sales up in India, it seems
8There has been a noticeable increase in LNG offtake
8But not all of it is due to lower spot prices, imports are stepping in to make up for lower domestic production
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A maritime shipbuilding park is being developed in India with the help of an anchor customer
8Invitations are now being sent out to major shipbuilders around the globe to set up shop
8Find out what is being offered
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Nyara Energy, which owns the Vadinar refinery, uses an entirely different management model -- in contrast to the public sector and family run systems -- to manage its business operations in India.
8It owns India's second largest single site refinery with a capacity of 20MMTPA, which is one of the world’s most complex refineries, besides two oil depot terminals, a port, captive power plant and India’s fastest growing retail chain of fuel stations.
8And it seems to be doing very well indeed.
8Get to know more about its management structure, and who really are the key decision makers in this vast company.
Click on Reports for more. Details
The 2nd wave of the US shale revolution is coming – it will shake-up international oil & gas trade flows, with profound implications for the geopolitics of energy.
8Find out why a slowdown in crude offtake is expected in the next five years
8Does this mean that the world is reaching peak oil sooner than later?
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Indraprastha Gas Ltd has ramped up its total gas consumption to a substantial 6.3 mmscmd.
8Of this, CNG delvieries make up 4.6 mscmd
8Pipeline gas another 1.7 msmcmd
8Find out how these numbers come up. Also know more about what the company's future plans are
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Ammonia-Urea Brownfield Project
Pending cabinet approval for large scale ammonia-urea units are expected to be expedited now that the government is getting back to business
8Cost - Rs 4933 Crore
8Project Event: The project is under consideration of the government and cabinet approval is still pending. It is likely to be elicited in July 2019, and RFQ for the EPC contractor is likely to be released after the cabinet approval
Click here for more details
Ammonia Greenfield Project 
8Cost - Rs 2773 Crore
8Project Event: The proposal for environmental clearance is likely to be submitted in June 2019, RFQ for the EPC contractor is likely to be released in July 2019
Click here for more details Details
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