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Aug 2019

SSP Expansion Project
8Cost - Rs 15 crore
8Project Event: The project has got environmental clearance from the MOEF. RFQ for the Contractor is likely to be released in November 2019.
Click here for more details (available through www.indianfertilizer.com) Details
China has decided defy the US and continue to import Iranian crude
8India on the other hand has stopped importing Iranian crude altogether
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Procurement of Bio-diesel Details
8Supply of Butterfly Valves Details
8Supply of Cable free Node based Seismic Data Acquisition Systems Details
8Synchronous on-off PSP Survey for Cathodically Protected Hydrocarbon Pipelines Details
8Supply of HDPE Lining Details
8Supply, Installation & Commissioning and Demonstration of Extended NGA (C12+) Details
8Supply, Installation & Commissioning of Gas Analyser Apparatus/ Chromatographs Details
8Procurement of Oil Corrosion Inhibitors Details
8Supply and Commissioning of High Pressure Air Compressor Details
8Providing maintenance services for propylene compressor Details
8Requirement of Vapour Recovery Unit at Pali Depot Premises Details
8Expert Services for Miscellaneous Maintenance jobs of Centrifugal Compressor and Steam Turbine auxiliaries Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8BPCL first quarter net profit down 53 per cent at Rs 1,075 crore Details
8Oil India first quarter net profit down 11 per cent at Rs 625 crore Details
8Rajasthan govt releases biofuel policy 2019 Details
8World Bio-Fuel Day: India to push for converting used cooking oil to bio-diesel Details
8Petroleum Secy Kutty given additional charge of Secretary, Steel Ministry Details
8India's fuel demand rose 3.3 per cent in July Details
8RIL to produce only jet fuel, petrochemicals at Jamnagar after oil-to-chemical strategy Details
8GSPL pipeline plan gets boost from Jammu and Kashmir move Details
8GAIL Q1 net profit increases 4.22% to Rs 1,504 crore Details
8BPCL may report 35% fall in Q1 profit Details
8Gujarat: Oil from ships polluting sea Details
8BPCL to set up two mega projects in Bokaro Details
8OPINION: India's crude oil imports are lacklustre, joining coal, LNG Details
8BP to pay Rs 7,000 crore for 49 per cent stake in Reliance's fuel retail network Details
8Reliance, BP joint venture to invest Rs 35,000 crore in KG basin Details
8Government planning for a wave of reforms in the natural gas sector Details
8RIL to hive off oil-to-chemicals business into separate company in five years: RIL's PMS Prasad Details
8Petrobras delays delivery of bids for LPG unit to next week  Details
8US-China trade war weakening demand for oil Details
8Trump's EPA grants 31 small refinery waivers from biofuel laws, angering corn lobby Details
8Japan's prices for spot LNG cargoes fall to lowest since May 2016 Details
8Rosneft to seek compensation from Transneft for drop in oil output Details
8Iraq says Eni, BP deal doesn't mean Exxon excluded from southern mega-project  Details
8U.S. natural gas demand is at a record and prices keep dropping Details
8IEA warns oil demand growth so far in 2019 lowest since 2008 Details
8Russia says it factored in oil demand slowdown in output deal Details
8Saudi Aramco's first-half net income falls 12% to $47 bn Details
8Aramco to take 20% in RIL's refinery, chemical biz at $75 bn enterprise value Details
8Russia's top independent oil refinery restoring output after hiatus Details
8INNOVATION: Researchers design new materials to enhance natural gas storage, reduce global warming Details
8U.S. shale oil output to rise to record 8.77 mln bpd in Sept -EIA Details
You can also click on Newsclips for more   Details
8Project Name: Drilling Field Development
8Project Cost: Rs 180 crore
8Project Description: Oil and Natural Gas Corporation Limited's 06 Wells development drilling programme in Baramura & Konaban area of Tripura will be delayed by at least 6 months on account of land diversion issues. As per the sources, land diversion proposal for obtaining forest clearance for 3 wells, BREB, BRMAD and BRMAE, has got stuck in regulatory issues due which forest clearance will be granted only by the end of 2019. In the meanwhile, all RFQs will be released after the forest clearance is granted. The EPC contractor hiring process for laying of associated flowlines in the drilled areas will also be initiated at a later stage.
8Project Event: RFQ for cementing and slickline services is expected by Q1 2020
 RFQ for hiring EPC contractor for associated flowlines is expected by Q1 2020
Click here for more details for more, including key contacts Details
Oil India Limited has awarded the contract for the 50 MT Crane for one year
8Find out who has got the contract Details
Phosphoric Acid Greenfield Project 
8Project Event: Procurement work is ongoing and cunstruction is likely to be start in November 2019.
Click here for more details (Access is available only through www.indianfertilizer.com) Details
In the remote North East of India, there was always skepticism over whether there will be buyers for oil and gas produced by isolated fields that are being auctioned out in the DSF rounds
8Such skepticism is unfounded as is evidenced from the response elicited in the form of EOIs for two such fields Details
What kind of day rates can be expected against ONGC tender for three new jackup rigs?
8Are they going to be at the same level as elicited recently in a six rig jackup rig tender, or will rates be higher or lower?
Click on Details for more Details
A key question must be: has India made it’s new “great game” bid across Central Asia too late?
8Russia maintains a significant military presence in the region, and China has substantial trading links within it. China has growing politico-economic and now military tiesin the region and that may defeat India’s late bid to draw Central Asian countries into its “extended neighbourhood”.
8The International North-South Transport Corridor (INSTC) connecting India, Iran and the Central Asian land-locked countries, to Russia, got off to a slow start in 2000.
8It was reinvigorated in 2016 following India’s agreement with Iran and Afghanistan to upgrade Iran’s Chabahar Port allowing a maritime connection with Afghanistan, by-passing Pakistan. The project slowed following US President Trump’s sanctions imposed on Iran’s energy trading partners, including India.
8The Port project has remained waiver-free, but enthusiasm for it and INSTC has slowed again.
Click on Reports for more Details
EPC bidders have begun trooping in for the Rs 43,000 crore 9 MMTPA Barmer refinery packages
8In some of the packages, bids have already come in, while in others, the due dates are ahead
8Find out who the bidders have been so far
Click on Details for more Details
With the deadline approaching for putting in applications of the CMD's slot in Indian Oil Corporation, there is talk within the vast company about who could be a potential successor.
8There are two rungs of executives who are likely to throw in their hats, and they include sitting and incoming directors as well as a bunch of ambitious executive directors.
Click on Details for more Details
Ammonium Nitrate and Nitric Acid Greenfield Project
8Cost - Rs 1375 crore
8Project Event: The project is under feasibility study of PDIL. The date of RFQ release was earlier August but it has now been rescheduled on account of a delay in submission of studies.
Click here for more details (Access is available only through www.indianfertilizer.com) Details
GAIL seems to be moving fast, when it comes to getting projects off the ground
8The gap between ideas thrown up in strategy meetings to seeking EOIs for projects has narrowed down considerably
8The company is now looking at a 130 KTA polycarbonate unit along with associated units, an idea thrown up at a strategy meeting not too long ago
Click on Reports for more Details
The company's Rs 522 crore project for construction of two  Gas Gathering Stations, Pipeline and Expansion of Gas Processing Plant at its AAP-ON-94/1 block in Tinsukia District of Assam is progressing swiftly.
8Get a full update here, along with details on when the RFQs are coming up ahead
Click on Details for more Details
The Ennore terminal to Madras Fertilizer Ltd segment has been commissioned
8Active contracting is currently on for the rest of the pipeline segments
8Find out what kind of RFQs are ahead
Click on Details fo more Details
Hindustan Oil Exploration Company Limited has made significant progress in the B-80 offshore development project
8The drilling program will start with 2 wells initially which will be drilled within an overall period of 90-120 days.
8In the meanwhile, the drilling rig have been secured and drilling tangibles and services contracts have been awarded.
Click on Details for more Details
Oil India Ltd seems to have sprinted ahead of the others when it comes to development of 21 new blocks it has won under OALP and two DSF Round blocks.
8Already, contractors have been selected to shoot seismic data in two blocks
8The selection process is currently on for seismic contractors for 7 more blocks, it is learned
Click on Details for more Details
RIL's  EBITDA margin may be lower than OMCs.
8But the private sector giant has a nearly 2x throughput per outlet compared to the OMCs
8Also, RIL's higher non-fuel retail sales ensures that is ROCE is above 30%
Click on Reports for more Details
As far as the LNG market is concerned, the glass is either half empty or half full, depending upon wehther you are a supplier or a buyer of gas.
8Even as LNG spot prices plunge, suppliers who are putting up new capacity see the brighter side of what is otherwise a gloomy picture as of now.
Click on Reports for more Details
Find out who are the bidders for the four Multipurpose Support Vessels tendered out by ONGC
8Two bidders are in race
8Find out which vessels they have offered
Click on Details for more Details
The company does not seem to have enough manpower to carry out the work as of now
8It is busy with other blocks, and is in the process of hiring more manpower
Click on Details for more Details
It looks like the Adani-GSPC battle over the Mundra LNG terminal, which has been idle for the last 10 months is unlikely to be resolved soon
8The differences it seem are too wide to be easily resolved
8So where does the dispute go from here? Details
8Who could be the possible bidders against the recent  RFQ for gas compression services by ONGC?
Click on Details for more Details
Who is going to be the next director technical in Engineers India Ltd?
8There are several candidates in the race
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply, installation and commissioning of equipments to detect low trace Sulphur in Liquid Hydrocarbons Details
8Appointment of C&F operator cum secondary transporter at lubes depot Details
8Hiring of services for Operation and Maintenance of Workover Rigs Details
8Hiring Services for Soil Resistivity Survey Details
8Annual Service Contract for Lube oil Analysis Details
8Providing Civil, Mechanical and Electrical Works Details
8Supply of Steel Plates to ROs under WZ Details
8Hiring of Natural Gas Compression services at various installations of Rajahmundry Asset Details
8Supply of Reciprocating Compressor Spares at refinery Details
8Hiring of Radial Drilling Services for wells under Tripura Asset Details
8Supply of Gas Detectors Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Gail India offers US LNG cargoes for Oct-Dec: Sources Details
8HPCL relents, says intends to recognise ONGC as its promoter Details
8Activist groups urge insurers to drop coverage of oil sands pipeline Details
8Saudi Arabia plans to keep Aug-Sept oil exports below 7 mn bpd Details
8Russia says fee on oil transits via Belarus to rise again in January Details
8Oil prices rise on expectations of more Opec output cuts Details
8China continued Iran oil imports in July in teeth of U.S. sanctions Details
8Oil jumps on expectations producers may cut supply after 4% slump Details
8Chevron starts burying CO2 off Australia at huge Gorgon storage project Details
8Japan's Tohoku Electric seeks LNG cargo for Aug-Sept Details
8China CNPC extends Oman oil production contract for 15 yrs Details
8Pipeline carries aviation fuel to Salem Details
You can also click on Newsclips for more   Details
A fertilizer company is looking for gas
8The last date for bid submission is August 27
Click on Details for more Details
Lower cost of gas has brought down revenues for Petronet LNG in the last quarter
8But why are the margins down?
8Is PLL finding it difficult to push high cost contract gas onwards, despite firm offtake deals, when contract prices are now double that of spot prices?
8Japanese buyers have began renegotiating prices, should PLL do too?
Click on Reports for more   Details
It looks like unwritten restrictions imposed earlier to keep Chinese companies away from large LSTK contracts seem to have lifted
8A decision was taken at the government level to reward a Rs 4750 crore LSTK contract to a Chinese company for which Tata Projects and L&T were in the race
8"The Chinese have experience, they are well funded, and they have a go-getter attitude. Once the signal goes down the line that it is all-clear in India, expect many more such companies to come in," an industry insider said. "The point to note is that at the contractor level, very few large Indian companies are operating. One lot of companies, the likes of Punj Lloyd, have run into financial distress, leaving a gap through which Chinese companies can come in," he added
8LOI is expected to be signed in the next three to four days
8Also know more about another large sized project that the Chinese are expected to grab within the next one month
Click on Details for more Details
A Rs 1300 crore pipeline construction job is coming up
 8Project Event
 -- RFQ for Route survey is expected by this month.
 -- RFQ for FEED work is expected by Oct-2019.
 Click on Details for more, including key contacts Details
For reference purposes the website carries here the following tenders:
8Supply, Installation and Commissioning of Distributed Control System and Emergency Shutdown System Details
8Procurement of Gas Detectors Details
8Procurement of 720 C-Donor Co-Catalyst Silane for PP unit Details
8Procurement of Carrier Gases Details
8Service Contract for in-service Health Monitoring using Advanced Pulse Eddy Current Testing Details
8Providing Vapour Recovery System Details
8Supply, Installation & Commissioning of Air Compressors for BOP Accumulator Units of Work Over Rigs Details
8Rate Contract for re-conditioning of X-Mas Tree and Processing Valves of Surface Team for three years Details
8Supply of Filter Element for Air Compressor of Nitrogen Plant Details
8Supply Complete Screw Compressor for Nitrogen Plant Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Slowdown Saga: BS-VI to dent automobile industry next fiscal Details
8ONGC displays gas potential of Khubal to prospective customers in Tripura Details
8India looking at cutting west coast refinery capacity as cost escalates to $60 bn Details
8ONGC spending Rs 83,000 cr to execute 25 projects: Shashi Shanker, Chairman Details
8HPCL first quarter net profit declines 53 per cent to Rs 811 crore Details
8Easier norms likely to pump-prime fuel retailing segment Details
8RIL and BP form JV to expand fuel retail and aviation business in India Details
8Indian Oil will soon announce its foray in energy storage: S S V Ramakumar, Director, R&D Details
8India's HPCL plans to shut secondary some units at refineries in 2019-20 Details
8India to relax rules for entry into fuel retail sector: Source Details
8Slowdown enters oil track: Oil consumption, imports decline Details
8Oil prices drop as US-China trade dispute stokes demand worries Details
8Canada's Enbridge to keep gas pipe shut for at least a week after Kentucky blast Details
8Brazil raises biodiesel blend in diesel to 11% from 10% Details
8Oman signs agreement with Mazoon Petrogas to produce oil from Wadi Aswad Details
8Japan LNG buyers talk tough as spot prices drop to 3-year lows Details
You can also click on Newsclips for more   Details
A Rs 500 crore Mumbai Offshore private sector development is coming up
8Feasibility studies are currently going on
8The project involves development drilling and an offshore pipeline to the nearest production facilities
8EIA consultant is to be hired around Q-4, 2020
Click on Details for more Details
8Project Name: Onland development drilling and production
8Project Cost: Rs 2394 crore
8Project Description: RFQ scheduling has fine tuned.
The new expected dates are:
8Project Event: RFQ for the hiring of EIA services is October 2019.
RFQ for the hiring of equipment and oil field services is expected by Q1 2020.
Click here for more details Details
Find out the latest update on OIL's 575 km Duliajan-Barauni pipeline
8Tractabel is the EPCM along with consultants KB SIngh and Associates
8When is closeout likely?
8Are there any further RFQs?
Click here for more details Details
RFQs were on hold for a 15-well exploratory drilling project in a frontier area but there is movement now
8This was because clearances were held up
8RFQs are now expected around October, 2019
Click here for more details Details
Another oil sector contract, this time for drill collars and plugs, went to a Chinese company recently.
8The competitor is an established western company, Bell Weather International
8"The contract size is small, but the Chinese emerged as a clear L-1 bidder, after qualifying technically," a company official said
Click on Details for more Details
The project is in the initiate phase.
8The contracting process is expected to start in November
8RFQ for a contractor can be expected around that time
Click here for more details (Link available through www.indianfertilizer.com) Details
On 22 July, 2019, US Secretary of State Mike Pompeo announced the US’s decision to impose sanctions on a Chinese trader, Zhuhai Zhenrong, and its chief executive for ‘knowingly purchasing or acquiring oil from Iran, contrary to US sanctions’.
8The decision to designate a Chinese entity may be seen as a sign of further escalation in the already fraught relations between the US and China
8But China will not stop Iranian crude imports, it seems.
8Are there lessons here for India?
Click on Reports for more Details
8The government has been decided with an open bid for takeover of PDIL, which will be open to both public and private sector PSUs
8This will be clear after the next meeting Department of Investment and Public Asset Management
8In the meanwhile, the last date for submission of bids for another PDIL like company, Engineering Projects India Pvt Ltd, was 3 August 2019.
Click on Details for more Details
A new lot of operators have been allotted fields under DSF Round-II
8The website carries here one such operator who has a Rs 100 crore oil field development plan
8And it has began taking in informal enquires for EPCM and PMC contractors
8A consultant is expected to be hired by Q-4, 2019.
8RFQs for for hiring Drilling Rigs and EPC contractor for pipeline installation is expected by Q3:2020.
Click on Details for more Details
Single/Triple Super Phosphate Greenfield Project
8Cost - Rs 30 crore
8Project Event: The procurement work is ongoing. The construction is likely to be started in October 2019.
Click here for more details (Available through www.indianfertilizer.com) Details
Urea Revamp Project
8Cost - Rs 700 crore
8Project Event: The Pre-Qualification for the LSTK contractor has been released and bid due date is 1 October 2019. Reduction in specific energy consumption is the goal. PDIL is the PMC
Click here for more details (Available through www.indianfertilizer.com) Details
ONGC claims that it has awarded Rs 10,000 crore in 2018-19 to domestic vendors under what it claimed to be a Make in India campaign.
8How authentic is this claim?
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Procurement of High Pressure Sealant Gun and Sealants Details
8Annual Rate Contract for procurement of motor rewinding wires for LT motors Details
8Procurement of Coating Material for entire Dibiyapur Pipeline Region Details
8Supply of Pig Launcher Receiver for SJHPL Project Details
8Implementation of Leak Detection and Repair Programme Details
8Procurement of Refrigeration Oil Heavy and Refrigeration Oil Light Base Oil Details
8Supply of Polyalphaolefin 6 and Polyalphaolefin 40 Details
8Carrying out Hot Repair of cylinders Details
8Services for maintenance of stack and process analyzers Details
8Gas Sale from AkholJuni Field Details
8Hiring of Integrated Seismic Job Service (SJS) & Shot Hole Drilling (SHD) Services for 3D-3C Seismic Data Acquisition Details
8Procurement of Downhole tools Details
8Procurement of 600 SCMH Electric Motor Driven CNG Compressor Details
8Procurement of 1200 SCMH Electric Motor Driven CNG Compressor Details
8Supply of Complete Screw Compressor for Nitrogen Plant Details
8Procurement of 1200 SCMH Gas Engine driven CNG Compressor Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Tripura: ONGC to set up state’s first gas-based tea processing plant; CNG-PNG corridor in the works Details
8India raises cost of oil refinery project with Aramco by 36 per cent Details
8Harish Madhav is new Director-Finance of Oil India Ltd Details
8Cairn Energy signs pact for sale of 10 per cent stake in Norway project Details
8India ceases oil imports from Iran in June; Rise in shipments from Nigeria, Venezuela Details
8Australia to consider reserving some gas for home market Details
8Mozambique kicks off construction of $25-bn gas project Details
8Cheniere working on Louisiana Sabine Pass 3 and 4 LNG export plant Details
8Petrobras LPG unit seen attracting Mubadala, SHV, Itausa bids Details
8UPDATE: Genel Energy confident on Bina Bawi, pays $14 mln dividend Details
8Oil hovers around $60 as US-China trade tensions weigh Details
8Smart gas cooking seeks to break African cities' dirty charcoal habit Details
8Oil's post-crash bounce fades as buy-the-dip proves a bust: Kemp Details
8Azerbaijan targets petrochemicals in push to reduce reliance on oil and gas Details
You can also click on Newsclips for more   Details
The $946 million offshore development project, involving the the drilling of 22 producer wells, one process platform and four wellhead platforms along with a subsea 75 km evacuation pipeline to shore is likely to see bidding from a limited list of contractors
8The job is specialized and there are established players in the business
8Among the questions is whether Afcons will be able to qualify on its own?
Click on Details to know more on who could be the possible bidders. Details
The last date for ONGC's bid to hire two slot-type rigs and one mat supported jack up rig was August 5, 2019
8The tender was floated on June 24.
Find out who had put in their bids Details
The quality-cum-cost criteria introduced by ONGC throw up different day rates for chartered hire MLT/BMC/Levingston rigs, when the L-1 rate is asked to be matched by the others.
8The L-1 rate is the rate at which a  rig is selected after taking the highest composite score, which is a mix of quality and price, at the ratio of 25:75.
8ONGC has placed LOAs for six jack up rigs. After the L-1 rate was selected, the other were told to match the rate, which is done by bring down their own day rates in a way that the composite score of each rig equals that of the L-1 rig
8The website carries here the L-1 day rates arrived at for all six rigs Details
A Rs 2500 crore CBM Development Drilling plan is now rolling out
8RFQs for the hiring of the EPC contractors for the construction of 5 Gas Gathering Stations, Central Gas Station and interconnecting pipelines now expected in Q4
Click on Details for more Details
ONGC's 12 well development drilling programme spread over different mining lease areas in the North East is expected to kick off soon after the monsoons are over.
8Company owned rigs are to be deployed
Click on Details for more Details
A Rs 195 crore greenfield LPG bottling plant is coming up
8There is a delay in getting environment sanction
8An EPCM RFQ is expected by September, 2019
Click on Details for more Details
8Project Name: Offshore development
8Project Description: Oil and Natural Gas Corporation Limited's RFQs for the dredging work and Horizontal Directional Drilling for an offshore pipeline from the offshore platform to the onshore terminal will now come out in Q4
In the meanwhile, the environment clearance for the pipeline won't be required.
RFQs for the OSVs will be released by Q4 2019.
Click here for more details Details
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