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Jun 2021

8Two recent McDermott downstream projects in India will involve multi-country teams working on them
8The projects will be executed by the McDermott team in Gurgaon, India, with some support from Perth, Australia and Brno in the Czech Republic. Details
EIL expects orders to the tune of Rs 1600 crore
8Find out what the breakdown could be
Click on Details for more Details
8The long anticipated "big" LNG tender is out for gas supply for the quarter.
Click on Reports for more Details
In Mozambique, insurgents had attacked the strategic port of Mocímboa da Praia killed over 50 soldiers, sank a Mozambique Naval Ship with a rocket-propelled grenade, and, eventually took physical control of the port
8The government had since employed private military contractors to handle the insurgents
8How bad is the situation in Mozambique, where the Indian trio of ONGC, OIL and BPCL are heavily invested in an LNG project?
Click on Reports for more Details
8Hydrogen based fuel-cell tenders using electrolysis has begun appearing in India
8And that is good news for those involved with this technology
Click on Reports for more Details
8Get the daily and weekly import data on fertilizers
Click on Reports for more Details
87.91 MMT of crude is getting lined up
8With lockdowns getting relaxed, around 1 MMT of chemicals is lined up for Indian ports
8Get the daily CODID-2 update on ports
Click on Reports for more Details
Torrent Power has brought in a cargo of LNG all the way from Sabine Pass for its power plants
8Torrent is one of the few power companies running their gas-based power plants on LNG
8The fact that they have their own captive distribution set up helps in the offtake of power, which otherwise would not pass muster under India's merit order power offtake rules
Click on Reports for more on this cargo, coming in just now at Dahej LNG terminal Details
8Attempt to limit NRL's expansion contracts to traditional bidder fails.
8Field left wide open to all Details
Megha is going to be the first company in India to be supplying 2000 HP onland rigs
8It has put in a bid for OIL's 5-rig tender through its subsidiary Drillmec
8Find out more on what Megha has been doing not only on this front but elsewhere in the hydrocarbon sector, both domestically and internationally Details
8Megha has also bagged a contract for the supply of an indigenous rig to Cairn India
Find out more on the type of rig that is being supplied Details
For reference purposes the website carries here the following tenders:
8Hiring of Vehicles for UP Details
8ARC for refurbishment of Traction Battery of Battery Operated Forklift Truck Details
8Annual Rate Contract of combined non destructive inspection services Details
8Hiring of vehicles for Punjab Region Details
8Procurement of UPS along with Battery Bank Details
8Annual Rate Contract towards procurement of Anti Friction Bearings Details
8Work for carrying out Pipeline Integrity Survey of Non Piggable Cross Country Pipelines Details
8Supply Installation Testing And Commissioning of Drawout Type Numerical Relay Details
8Procurement of toners from GeM portal for 6 new copier machines Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Petrol reaches Rs 102.58 per litre in Mumbai after another hike in fuel prices on Monday Details
8Merkel says discussed with Biden his upcoming meeting with Putin, Nord Stream 2 Details
8Oil prices reach multi-year high on demand hopes Details
8Government may raise foreign investment limit to aid BPCL sale Details
8High inflation due to daily rise in fuel prices: Chidambaram Details
8After Mumbai, Hyderabad sees Rs 100/litre petrol after price hiked again Details
8Crude oil price rises as threat of immediate Iran supply recedes Details
8Wholesale inflation drove retail prices to six-month high in May, experts say trend may continue Details
8Indian rupee to remain weak over longer term: Fitch Solutions Details
8Undeveloped oil fields: Govt plans monetisation amid low recovery, shift to renewables Details
8As fuel prices cross Rs 100-mark, Petroleum minister explains reason behind surge Details
8Oil prices fuel WPI to record high of 12.94% Details
8Pushed by rising fuel and food prices, retail inflation breaches 6% comfort zone of RBI Details
You can also click on Newsclips for more   Details
OIL has received a good set of bids for its five 2000 tonne onland drilling rig contract.
8The technical bids were opened
Click on Details for more. Details
Coal based Ammonia-Urea & Coal Handling Plant Greenfield Project
8Cost - Rs 7484 crore
The company is in the initial stages and an internal team is in the process of being set up. There is technology selection to be done, and it claims that all of this will be set into motion within three months.
NPK-SSP & Sulphuric Acid Expansion Project
8Cost - Rs 15 crore Details
Some updates on Petronet LNG:
8New domestic gas can impact spot and short-term LNG volumes  but eventually gas demand will be much higher (70-90mmtpa in CY30 vs. 46mmtpa now). Meanwhile, the company says that the gas ceiling is expected to go up to USD5-6/mmbtu in the next revision for offshore gas.
8One of Kochi's primary customer, FACT, is cannot operate at a rate higher than $ 8/mmbtu whereas spot is at $10/mmbtu
8The use or pay was invoked on tolling customers, where 2 out of 3 have not paid but as per contracts are liable. Discussions are on, and will be resolved shortly, maybe by this quarter.
81,200 kms radius of virtual pipeline can be set and economics is favorable. LNG is 25-40% cheaper than diesel. Initially, payback will be longer (less than 5 years in steady state) and offtake low but market will develop. 50 stations are inaugurated. PLNG targets 3.5mmtpa volumes by CY30.
Click on Reports for more Details
Petronet LNG has a large capex plan
8And we have a fairly detailed break-up
8Also, what did Sri Lanka asked for that forced PLL to drop its plans
8What kind of slope to Brent is it looking at when it comes to future sourcing deals?
8Why has PLL dropped all its overseas plans?
Find out more   Details
8Nayara is looking for dedicated domestic gas supplies for its refinery complex.
8Domestic gas is cheaper than any other source of energy at the moment.
Click on Reports for more Details
8BP has undertaken what it  passes on as the "biggest global restructuring in its 112-year history" by sacking a shocking 25% of its office staff.
8The sackings are still continuing.
Click on Details for more Details
Under intense pressure from the government, ONGC seems to have finally turned around now, and to begin with, has sought "technical" assistance to enhance the life of most of its North Eastern assets.
8Help has also been sought for newly acquired assets.
8What is of greater interest is that OIL and ONGC are collaborating to offer joint assets for such assistance
8The company has now admitted that ONGC would expect to "go along with the prospective partners towards realizing the value of these resources".
8From ideating to actual implementation, it is still a long way off, but the process has begun.
8Hopefully, this new initiative will not fizzle out like similar ones in the past.
Click on Reports for more. Details
Existing gas pipelines will eventually have to push a mix of hydrogen and gas, as regulations harden
8Attempts to decarbonize gas has already begun
8A 10-year deadline has started ticking already
Click on Reports for more. Details
The capacity underutilization in Ennore, IOC's 5 MMTPA LNG terminal is evident from the amount of traffic that the port sees every month.
8One cargo has just sailed away on the 10th of June.
8The next cargo is now expected on July 1.
8This is a gap of 20 days.
8The dates may vary, but for a 5 MMTPA LNG terminal to get a cargo of LNG every 20 days reflects the pathetic state of some of the LNG terminals in India.
8IOC says that utilization levels are low because, for a multitude of reasons, the pipeline evacuation network is not in place.
Click on Reports for more. Details
IOC's Paradip is a large refinery
8And around 1.72 million tonnes of crude is lined up
8And the crude is sourced from:h
 -- Qua Iboe
 -- Basrah
 -- Zirku Island
 -- Ras Tanura
 -- Angola
 -- Agmami
Click on Reports for more Details
Get the latest update on cargoes getting imported to India of:
8Chemicals
8Fertilizers
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Hiring of Consultancy Services for Payroll and Social Tax Services Details
8Supply, Installation and Commissioning of AC Actuators for Existing Valves Details
8Invitation of Expression of Interest (EOI) for identification of suitable partners/ service providers to partner/ technically assist in specific E&P portfolios in Assam & Assam Arakan Basin Details
8Supply of 3LPE Coated Line Pipe for West Bengal Cluster GA Details
8Liquid Phase HDT Unit and AMC Details
8Mechanical Piping and Equipment Erection Works Details
8Supply of Pre-Fabricated SS Tanks for ROs under EZ Details
8Setting up Solar Power Plants at 3 HPCL Locations Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8GAIL shares gain over 2 pc after Q4 earnings Details
8EU countries meet to tussle over gas project funding Details
8Petrol costs Rs 102 in Mumbai after another hike on Friday Details
8Fuel prices rise again across the country; petrol costs Rs 102/ltr in Mumbai Details
8Russia's Gazprom sees domestic gas consumption rising 7.5% within 5 years Details
8OPEC+ complies with 115% of agreed oil curbs in May - source Details
8Oil rally has more room to run, Brent expected to hit $80 per barrel - Goldman Details
8Jagan meets Pradhan; urges him to set up petro complex, not to privatise VSP Details
8EU countries agree to prolong gas project funding, with caveats Details
8G7: Why major economies are delaying a break with the fossil fuel industry Details
8Oil hits multi-year highs in third weekly gain on demand recovery Details
8Energy majors bid for Qatar LNG project despite lower returns Details
8Iran could offer India access to Jask port for strategic oil reserve facility Details
8Tamil Nadu: Protest against oil exploration bid in Cauvery delta region Details
8Tamil Nadu: CM Stalin tells PM to cancel bid for hydrocarbon exploration Details
8Petrol price: Pradhan says Rahul Gandhi should seek cut in high taxes in Cong-ruled states Details
8Petrol crosses Rs 100 in 22 Telangana districts, Hyderabad just 10 paisa away Details
8BPCL opens 200-bed Covid hospital at Bina Refinery Details
8Current fuel prices 'problematic' for people, govt saving money for welfare schemes: Dharmendra Pradhan Details
8Left parties to hold nationwide protest from June 16-30 against rising fuel, commodities prices Details
You can also click on Newsclips for more   Details
8It looks like in IOC's Panipat expansion, the management is looking for lesser than larger number of EPCM consultant bidding.
8And EIL is actively looking for jobs Details
8A total of 21 LNG cargoes are lined up for India
Click on Reports for more Details
8Crude imports lined up at at 7.83 million
Click on Reports for more Details
There is a chemical import update
8As also an update on COVID-2 and impact on Indian ports, as of yesterday
Click on Reports for more Details
8Strapped for cash after buying out NRL and investing in the expensive but militancy ridden Mozambique LNG project where Total is the operator, Oil India Ltd is trying to tie up with a partner for its OALP commitments
Find out more: Details
Effluent Treatment Plant Up-gradation Project
8Cost - Rs 101 crore
8Project Event: Ion-exchange India Ltd is the LSTK contractor, the construction is likely to be started in July 2021, Other equipment and purchase work are ongoing and are likely to be completed at the end of June 2021.
Ammonium Sulphate Expansion Project
8Cost - Rs 9 crore
8Project Event: The public hearing has been completed, the proposal for the environmental clearance is likely to be granted in July 2021. RFQ for the EPC contractor is likely to be released in Q2 2021. Details
Swan Energy is saying it will complete its project by March 2022.
8But it is already exuding enthusiasm for another 5 MMTPA of capacity
8And wants to build a long pipeline to GAIL's pipeline infrastructure in collaboration with the gas major
8Is there a business opportunity here? Yes, but not for some time at least till its 5 MMTPA terminal and up and about
Click on Reports for more Details
There is a comprehensive argument being made that because of delay in the start-up of fertilizer plants, GAIL may have to sell a significant number of cargoes at spot LNG
8Last year it lost money doing do, will this year be different
8Spot prices have gone up so GAIL is expected to make money, it seems
8Also, GAIL is commissioning 94 msmcmd of pipeline capacity between December, 2021 and March 2023 (get the details here)
Click on Reports for more Details
8Project Cost: Rs 320 crore
8Project Event: RFQs for CNG dispensers and compressors are expected by Q4 2021.
8RFQ Date: Q3/2021
8Release Date: Q4/2021
8Start Date: Q3/2018
8Completion Date: Q4/2033  Click here for more details Details
8Project Name: Coimbatore District City Gas Distribution
8Project Cost: Rs 350 crore
8Project Description: Indian Oil Corporation Limited has been granted permission on September 12, 2018, to set up a CGD network in Coimbatore District of Tamil Nadu. The entity won the project under the 9th CGD bidding round. The CGD network will have a coverage area of 4732sq. km. For an overall timeframe of 8 years, IOCL is expected to provide 912783 piped natural gas connections and lay 2500 inch-km of steel pipe. Gas is being received from Kochi-Mangaluru Natural Gas Pipeline
Click here for more details Details
There is a proposal suggesting that India can produce an impossible 24 million tonnes per annum of sustainable aviation turbine fuel, far more than ever targeted before
8But the suggested use of new technology seems very futuristic and the targets are, to put it mildly, bombastic, but there are interested parties pushing this proposal as India has a massive target of ferrying 100 million passengers annually, creating an unprecedented level of carbon emission.
8The 24 million tonnes per annum target has laid down a rough game plan
Click on Reports to find out what the plan is Details
RIL's ethane imports from the US are becoming more expensive
8Prices have shot up. almost doubled, over the last one year
8Clearly, it looks like using gas out of its own KG Basin fields at a lower ceiling price in its crackers is a cheaper option than any other feedstock.
8While there is a loss in gas sales, it makes up some of it by using this gas for its own consumption. No wonder therefore the company is so keen to corner as much gas as possible after the affiliate company non-use clause was scrapped.
Click on Details for more. Details
For reference purposes the website carries here the following tenders:
8ARC for maintenance of OFC under GAIL Kochi Details
8Horizontal Directional Drilling Works for Haridwar Rishikesh Dehradun Pipeline Project Details
8Design, supply, Installation & Commissioning of above ground HSD Storage tank at KLL Dabhol site Details
8Procurement of Non Ferric Alum Details
8Supply of Batteries on buy back basis Details
8ARC for EIA/ EMP/ GRA and DMP Studies for Small Connectivity Projects Details
8Procurement of Complete Valves along with Actuator Details
8Procurement of Refrigeration Gas Chlorodifluoro Methane type CFM 22 Details
8Supply of Di Electric Fittings for KKBMPL Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8ExxonMobil makes new discovery off Guyana's coast Details
8Reliance says FCCU unit at Jamnagar refinery shut, exports may be delayed Details
8Fuel price hikes press momentary pause Details
8Kerala: Opposition demands subsidy to mitigate fuel price rise Details
8GAIL split plan scrapped, company to monetise pipelines Details
8Despite uncertainties, OPEC sticks to forecast of oil demand surge in second half Details
8Indian government offers 32 areas in latest small oil, gas field auction Details
8India's Petronet to invest $2.6 billion for local expansion over 5 years Details
8Covid disruptions, gas price crash pushes PLL out of $2.5-bn deal with Tellurian Details
8China to overtake Japan as world's top LNG buyer in weeks, ICIS says Details
You can also click on Newsclips for more   Details
8There are always circulars floating around to minimize nomination contracts
Here is one more, Click on Reports
Details
8What is the latest on the Karaikal LNG project bidding process
8Bid were submitted long back but nothing has been heard since from the promoters
8 Click on Details for more, as six bidders wait on the sidelines Details
For project planners, even as the energy transformation speeds up EIL has estimated Indian refining capacity requirement to be much more than what has been planned
8Also, there will be scope for 15 world class petrochemicals plants to come up
Click on Details for more
Details
The glass either half empty of half full, it depends on how you look at it
8At a time when all but one LNG terminal in India is running at full capacity, here is a new 7.2 MMTPA terminal coming up
Click on Reports for more
Details
Granular Single Super Phosphate Greenfield Project
8Cost - Rs 148 crore
EPC contractor lookout will take place in August now
SSP-Sulphuric Acid & NPK Fertilizer Expansion Project
8Cost - Rs 75 crore
Contractor RFQ in July.
Details
For reference purposes the website carries here the following tenders:
8Production and Supply of Compressed Bio Gas Details
8Procurement of DEAC 13% solution in White Mineral Oil Details
8Annual Rate Contract for Monitoring and Maintenance of CP Systems Details
8Supply of Dimethyl Disulphide Details
8Annual Rate Contract for Civil Jobs in Peripheral Areas Details
8Procurement of Cup Lock Scaffolding Details
8Hiring Transport Service from GAIL Chhainsa to GAIL Agartala Details
8Industrial Occupational Hygiene and Health Survey for JLPL Loni Pipeline Details
8Supply, installation and commissioning of Solar Power System Details
8AMC for AC Systems Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Oil rises for second day on signs of strong fuel demand recovery Details
8Madhya Pradesh: Fuel hike hits retailers hard in border areas Details
8Congress to stage nationwide 'symbolic protest' on June 11 against fuel price hike Details
8Indian oil refiners shut for work before likely demand pickup Details
8India's fuel demand fell 1.5 pct y/y in May Details
8Videocon to give Anil Agarwal's group majority stake in Ravva oilfield Details
8Mumbai barge tragedy: FSUI seeks speedy judicial inquiry, "suitable" compensationy Details
8Shell to step up energy transition after landmark court ruling Details
8India’s PAT scheme saved 17 mtoe energy, mitigated 87 MT CO2 annually Details
8GAIL India profit jumps 28% on energy demand; shares fall Details
You can also click on Newsclips for more   Details
Why do engineering consultancy companies find it very hard to move to an EPC format?
8Reason is returns are much higher in engineering than in turnkey projects
8Find out how one of the largest engineering companies in India fared in terms of returns on engineering and turnkey projects over the last five years
Click on Details for more
Details
As BPCL gets ready for divestment
8Here is a full update on the company
Click on Reports for more
Details
Get COVID related port data here
8The situation prevalent as of yesterday.
Click on Reports for more.
Details
Get the latest line up of cargoes for:
8Chemicals
8Fertilizers
Click on Reports for more
Details
Nayara Energy has a judicious mix of crude coming at the Vadinar port for its refinery. One lot is being shipped by a combination of Jadco, Adnoc and Korea Gas from Fujairah
8Another from Petrobrass (Buzios)
8And a third cargo from Andes Petroleum Company (Balao)
8Clearly, the company, given that it is half owned by Trafigura, is quite adventurous with its crude sourcing.
Click on Reports for more
Details
Adani Total Pvt Ltd has ordered a full cargo of LNG
8It is landing in Dahej next week.
8Clearly, all of it in on go is not for in-house use, it is marketing the gas as well
8Meanwhile, our data shows there are two cargoes coming into Cochin, one from Soyo and another from Ingleside. This is raising eyebrows on what PLL is up to here, under a new IOC-trained MD, unless our data is wrong.
Click on Reports for more
Details
There were many who claimed this was the best panel of names that the PESB could have got together for the ONGC chairman's job.
8But was it?
8Find out why the panel was rejected by the selection committee.
Details
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