Work seems to be kicking off in the E&P side with oil and gas prices ruling high 8Here is a private operator with four fields looking for contractors Click on Reports for moreDetails
After a long wait, IOC is brining in an LNG cargo at Ennore 81.40 lakh cubic tonnes if being brought in by the vessel, Maran Gas 8The cargo will be unloaded on the 30th of July Click on Reports for the latest update on LNG imports into IndiaDetails
A total of 5.16 million of crude cargoes are tracked by our database as of yesterday. 8Of this 1.15 million is to get processed at Paradip for IOC's refinery The crude is coming from: -Ras Tanura -Zirku Island -Bonny -Zhoushan -Guyancourt Click on Reports for moreDetails
Change orders are a frequent requirement in the E&P sector unlike in the well-defined midstream or downstream segments. 8But the problem is in the processing of change orders, because it is a change from what was decided in the tender, the approval process for payments is long and tedious. 8Solutions have been proffered and change in rules may well be around the corner.Details
8EPC major Sapura came in for sharp public rebuke from ONGC for work relating to the offshore processing platform for KG-DWN block Find out more.
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ONGC acting CMD Subhash Kumar was found to be surprisingly flexible when addressing worries of equipment and service suppliers in a recent interaction. 8He also took some quick decisions Click on Details for more.
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Processes are being simplified by the petroleum ministry 8A set of new simplified processes have been put in place for E&P, and these could not have been notified without the sanction of the minister. 8Clearly, while on the learning process, the minister is signaling that doing business in the petroleum sector should be made easier than before. 8That is a good sign indeed Click on Reports for more
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We are carrying here the following import matrices: 8Chemicals 8Crude 8LNG 8Weekly fertilizer update 8Daily tanker import data (including crude and chemicals) Click on Reports for moreDetails
Seismic data processing a complex job 8And the proof of the pudding is in the eating. 8So ONGC has decided that eligible contenders should do a no-cost study first of a given sample, before they are qualified to bid 8Fair enough, it seems Click on Reports for moreDetails
Ammonia-Urea Greenfield Project 8Cost - Rs 5500 crore 8Project Event: The project is in the initial stage, The feasibility study/DPR has been completed, The company said that firstly they will do the Phos acid expansion project, but the hiring of contractors for the Ammonia-Urea project is likely to be completed within 2021. RFQ for the PMC is likely to be released in Q3 2021. SSP Expansion Project 8Cost - Rs 15 crore 8Project Event: The project is still waiting for the approval of state authorities, all clearances are likely to be elicited in October 2021, central approval has been elicited. RFQ for the local contractor is likely to be released in Nov 2021.Details
IOC will be needing a fresh lot of directors 8And the process of selecting them was delayed 8But the PESB logjam is now getting over 8Find out who are in the race for one such slot for which interviews are to take place this month. Click on Details for more.
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The environmental clearance process is still going on for this evacuation pipeline from the LNG terminal 8And it will take quite a while from approval to actual commissioning. 8Know more about the kind of environmental issues that the operator will have to sort out. Click on Report for more.
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8BPCL now has a 100% stake in Bharat Oman Refineries Limited (BORL), which was recently increased from 63.38%, as BPCL purchased the stake from Oman Oil Company. 8Rating companies find this development to be positive. Find out why; click on Reports for more
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The politics of pipeline development in India is hemmed with intricacies, and the need to preserve monopolies will always be a never-ending quest. 8Here is one gas terminal seeking pipeline connectivity, and this is being opposed tooth-and-nail by another. 8Eventually, the regulator has to decide how to go-ahead Click on Reports for more
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The oil & gas storage space is seeing some active private sector participation. 8A first-mover Indian company has now got equity participation from one of the world's largest names in the business. 8The premium at which the stake has been sold is high but this is an exclusive space, the wriggle room is small, and entry barriers are huge. 8For a multinational to get a toehold the price paid must indeed have been hefty. 8So clearly, intrepid entrepreneurs are making a lot of money in the midstream space Click on Reports for more
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8One of the country's leading shipping company has withdrawn its vessels from ONGC's 14-vessel tender, claiming that it cannot keep waiting for the E&P major to open its bids. 8This is expected to be a setback for ONGC, even though there are quite a few vessels in the tender to chose from.
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For reference purposes the website carries here the following tenders: 8Providing CCTV System at West Zone Locations Details 8Hiring of LCVs and HCVs for transportation of CNG through mobile cascadesDetails 8Revamping of TAS and Software Upgradation at Suryapet Terminal Details 8Procurement of Google API for BPCL Details 8Pipeline Intrusion Detection System for Mumbai-Kota section of Mumbai-Manmad-Bijwasan Pipeline Details 8Supply of Flow Tees PDH-PP Projects Details 8Procurement of IR type Hydrocarbon Gas Detector for LPG PlantDetails 8Carrying out Site Enabling Works for PDH-PP Project Details 8Expression Of Interest for Pilot Study for 3D Seismic Data Processing Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Relief for consumers as fuel rates remain static on Tuesday Details 8Congress stages protests across UP over rising fuel, LPG prices Details 8OPEC+ impasse risks price war as demand surges, says IEA Details 8U.S. oil mergers surge as energy, share prices recover from pandemic Details 8Mumbai: CNG price to be hiked by Rs 2.58 per kg from Wednesday Details 8Brazil raises mandatory biodiesel blend to 12%, below expectations Details 8IEA says refining throughput set to rise in July, August Details 8MGL again hikes prices of CNG, domestic PNG Details 8Directorate General of Hydrocarbons overhauls oilfield approval processes, cuts down paperworkDetails 8Merkel doubts Biden meeting will solve gas pipeline dispute Details 8Rising fuel prices eating into health spends: SBI report Details You can also click on Newsclips for moreDetails
In the midst of a severe shortage of vessels, ONGC is under pressure to place order for the hiring of additional vessel 8There is a 14-vessel tender currently on Find out what is the latest status report on itDetails
A proposal to get ONGC to divest its nomination assets has not found favor with the powers that be. 8The petroleum ministry is averse to the idea 8Find out more on what the behind-the-scene politics is over this proposal.Details
Ammonia-Urea Brownfield Project 8Cost - Rs 6000 crore 8Project Event: 90 % of construction work has been completed, the installation of equipment is ongoing. procurement of machinery orders are already completed, procurement of other services is ongoing, commissioning is likely to be in Dec 2021. Earlier the commissioning date was October. However this date may slip, according to our own estimation.Details
Ammonia Storage Tank Greenfield Project 8Cost - Rs 200 crore 8Project Event: A single bidder has emerged for the 1000 MT double-wall storage tank along with assorted facilities on LSTK basisDetails
There were hackles raised when there was an announcement that public sector oil and gas pipelines will be sold 8But this is in fact a clean way of raising money and it is not equivalent to selling the family jewels as some would allege. 8And dithering Indian planners can take a lesson or two from giants like Saudi Aramco Click on Details for more
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What is the latest on Haldia Petrochemical's greenfield petrochemical plans? 8The plans involve a 1.8 MMTPA naphtha cracker and a concomitant 1.3 MMTPA HDPE plant as well as a 100,000 TPA PP unit coupled with a 1.2 MMTPA MEG unit. Find out more
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Hydrogen is one space we are going to keep track of from now on. 8And here is one mid-sized company which claims that it is already producing hydrogen in India using solar energy at a cost which is half of the global average 8What is the secret? Frugal engineering! 8The hydrogen will be used to make ammonia, and an ammonia plant is getting added on. 8The company plans to produce 3.4 to 4 MMTPA of ammonia by 2030. 8Ambitious plans indeed Also, get details of a technology provider who claims to have the edge over others. Click on Reports for more
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What is the crew change status in different Indian ports? 8What kind of quarantine is sought? 8What is the current lockdown status? 8What are the vessel operations norms under COVID? Click on Reports to find the right answers
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If you are an investor with an appetite for E&P fields, here is an opportunity to pick one or a few fields. 8But be warned that the road is going to be rough 8Then as the adage goes, there are no rewards without risks Click on Reports for more
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For reference purposes the website carries here the following tenders: 8Expression of Interest for acquisition of operational Solar Power Plants/ Assets Details 8Rate contract of GasketsDetails 8Supply, Installation and Commissioning of Mimic PLC Indication Panel at NEEPCO and Rokhia Terminal Details 8Supply, Installation and Commissioning of Flow Computer Details 8Hiring of services for Third Party Audit of Natural Gas Measurement Systems Details 8GPS based Pipeline ROU Surveillance for Cross Country Pipelines & Security Services Details 8Infrastructure Augmentation for 20% blending of Ethanol in PetrolDetails 8Setting up Digital Experience Centre at HPMDI Nigdi Details 8Hiring of LCVs and HCVs for transportation of CNG through mobile cascades Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Petrol touches new high in Delhi with Rs 101.19 per litre Details 8Rise in petrol prices agitating people: Nitin Gadkari Details 8Oil prices slip as economic worries offset tightening supplies Details 8Shell to join clean hydrogen project in Norway Details 8China bullies Malaysia for oil & gas quest in South China Sea: US think tank Details 8India's first bio-CNG tractor aims at saving billions of rupees in fuel costs Details 8Oil prices slip as economic fears offset tightening crude supplies Details 8Centre sitting on Rs 25 lakh cr fuel tax; inflation, petroleum price rise will dominate session: KhargeDetails 8Crude oil price rises on expectations of U.S. crude stocks falling Details 8India’s May coking imports fall as restocking slows Details 8Aegis, Vopak to jointly operate 8 LPG terminals in India Details You can also click on Newsclips for moreDetails
Get the following import matrices 8Chemicals 8Fertilizers Also, get the following reports 8Daily tanker imports (all products) 8Daily bulk and break bulk line up Click on Reports for more.Details
After a long hiatus, we are recording a shipment scheduled for Mundra LNG terminal 8The cargo is coming from Point Fortin and slated to be offloaded on 20th of July 8The cargo load is 160000 cubic metres. Click on Reports for moreDetails
This LNG terminal may well be first off the block next year. 8Commercial start-up date is June-July next year, though a firm date is yet to come up 8The terminal has the advantage of pipeline connectivity that most other new terminals are fighting to put together. Find out more
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8Find out more on this power EPC contractor who may want to get into oil & gas like BHEL and ISGEC. Click on Reports for more 8Also, know more about this steam turbine manufacturer. Click on Reports for moreDetails
Get the full low down on what the integrated PX-PTA plant at Paradip will entail 8Get the technology and process description 8As also all other requirements Click on Reports for moreDetails
The Rs 6000 crore Talcher ammonia-urea plant is in the midst of heavy tendering Find out what is going on with its 8Instrument Air System & Plant Air System RFQ 8Steam Generation Plant choice of winning bidder 8Raw water plant winning bidder Click on Details for moreDetails
Get the latest line up for imports for -- LNG -- Chemicals -- Fertilizers -- Crude 8Also, get a daily line-up of all crude as well as non-crude tankers into India as of late last week 8Also, get a monthly report of all liquified gas imports into India, via all Indian ports as also all the major importers Click on Reports for more
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For reference purposes the website carries here the following tenders: 8Inviting EOI for 3 yrs Annual Rate Contract for maintenance of FFS and FFE at PLQP and WHP of HPHT Asset Details 8Job of Supply and Installation of TOMU at C Lube InstallationDetails 8Supply of 2 Ethyl Hexyl Acrylate Details 8Carrying out LMC and associated works Details 8Rate Contract for Cleaning and Pigging of Cross Country Crude Oil Pipelines Details 8Supply of Barrels Steel and Barrels Drums Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Gadkari family’s Manas Group gets licence to operate fuel outlets Details 8Rise in petrol prices agitating people: Road transport minister Gadkari Details 8Government looks to scrap customs duty relief, exemptions on 97 products Details 8Brent crude oil stays above $75 amid impasse in OPEC+ talks Details 8Baidyanath to start country’s first commercial LNG filling station Details 8No change made in petrol and diesel prices by oil companies on Sunday Details 8Can BPCL get domestically produced LPG after privatisation?Details 8Changing Central Asian dynamics: India, Russia advised to explore partnership in resource rich region Details 8TMC protests across West Bengal over spiralling fuel prices Details 8India's fuel demand rebounds in June after slumping to a nine-month low Details 8Petrol crosses Rs 100-mark in UP, Chhattisgarh, Nagaland Details 8Gujarat: Two Congress MLAs, several workers detained for protests over fuel price hike, inflation Details 8Maharashtra: Cong stages rally in Latur to protest against fuel price hike Details 8Congress protests across Assam against soaring fuel prices Details 8Chinese coast guard vessels harass Malaysian oil, gas development work off Sarawak: US think tank Details 8United States became fourth-largest crude oil supplier to India in 2020: Report Details 8Air Pollution: Delhi govt withdraws from SC plea regarding 10 thermal power plants Details 8Gujarat: CNG sales cross pre-Covid levels while petrol prices soar Details 8China's CNOOC dives into uncharted deep waters in bold gas pivot Details 8Consumers may get respite from frequent fuel price hike this month Details You can also click on Newsclips for moreDetails
An extra 2.5 MMTPA of LNG tankage and related facility activity is coming up ahead. 8Instructions have been placed to the internal projects team to start work on the expansion 8There will be some time lag before the instructions eventually translate into RFQs Click on Details for more
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As India's foreign trade grows, shipping support services are in demand. 8The competition is acute but here is one coming that seems to be on top of the game Click on Reports for more
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India has the highest price of petrol compared to milk in the entire world 8But there are countries that tax petrol more than India, though just a handful 8Get a comprehensive look at the politics of fuel prices in India, particularly why high prices are worrisome for the economy. Click on Reports for more
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Haryana City Gas Ltd's Bhiwandi acreage is a lucrative acquisition. 8The company is still in a running battle with IGL over gas supply to Gurgaon but its Bhiwandi asset seems to be doing well Click on Reports to find out more
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8With spot LNG prices ruling higher, know more on how countries are trying to avoid spot and go for more term contracts Click on Reports for more
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8Sri Lanka seems to have abandoned the Indian LNG terminal that Petronet LNG Ltd (PLL) was meant to built 8Instead it the neighboring country is building one with someone else Click on Details for more
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