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Aug 2021

8Shelf Drilling was able to deploy two of its jack-up rigs straight with ONGC
Click on Details for more Details
This global rig service providers see an improvement ahead for jack up rigs
8With current oil prices, 2022 will see an upswing in shallow water activity and rig rates are expected to go up
Click on Reports for more. Details
Praj Industries Ltd has been dubbed as the “World’s Greatest Brand of 2020-21. What is more, its boss, Pramod Chaudhari, has been called the “Global Indian of the Year 2020-21 by a magazine.
8But keeping that aside from this website's point of view, BPCL's Bargarh 2G ethanol blending project ran into trouble when Tata Projects defaulted on its EPC contract claiming that the technical details from Praj, who is the licensor, were insufficient to build the Rs 1000 crore project.
8BPCL is now building it on its own, using Tata Consulting Engineers as the EPCM contractor while retaining Praj as the technology supplier.
8Then again, Praj doesn't really have the best financial performance to show. Its Q-1 profits were less than half of the previous quarter.
Click on Reports for more. Details
8This is a foreign EPC company with specific offshore and downstream strength, and it is now aggressively pushing for business
Know more about it here Details
Gujarat always is a priority state now
8And here is a conclave being organized for the oil & gas industry on ease of doing business in the state.
825 crore companies are to join in, and business development opportunities will be focus
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Supply of 600 SCMH Electric Motor Driven Variable Suction Reciprocating CNG Compressor Package Details
8Civil, Electrical and Fire Protection For UPS and Electrical Panel Details
8Procurement of SS Ferrule Fittings and SS Ball Valves Details
8Procurement of Drum Stacker for Central Stores Details
8Hiring of Photocopy Machine at GAIL Hazira Compressor Station Details
8Supply and installation of Split AC and Window AC Details
8Civil Works required for setting up Quick production system (QPS) facilities at GSAH#5 well site at Balpura field of Ahmedabad Details
8Plastic Waste Management and Disposal Services for Lube Packs Details
8Conducting a comprehensive carbon footprint study Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8After fresh crackdown on ISIS, Indian oil majors could be back in business in Mozambique Details
8Rigorous work underway to achieve privatisation targets: FM Sitharaman Details
8BPCL first quarter net profit down 27 per cent to Rs 1,502 crore Details
8Government will do ‘everything’ to revive growth, says finance minister Nirmala Sitharaman Details
8Drivers accelerate oil demand recovery but road ahead may be bumpy Details
8OPEC sticks to oil demand view despite virus, sees more U.S. shale coming Details
8'Require policy to boost adoption of auto LPG' Details
8OIL net jumps 221 pc in Q1 Details
8Spread of COVID-19 Delta variant knocks oil demand outlook - IEA Details
8Exxon, Chevron look to make renewable fuels without costly refinery upgrades: Sources Details
You can also click on Newsclips for more   Details
 As of today, GAIL is the largest customer at Shell's Hazira terminal
8Of the four cargoes lined up for which data is available with us, three belongs to GAIL.
8The fourth cargo is for RIL, whose imports have come down significantly, now that it is taking gas from out of its own discoveries in the KG Basin.
Click on Reports for more Details
Ammonia-Urea Energy Saving Project
8Cost - Rs 250 crore
8Project Event: All the project activities are on hold due to lack of funds, Capital approval is still under process. It is likely to be elicited in Q3FY2021. RFQ for the LSTK contractor is likely to be released in Q3FY2021
SSP Expansion Project
8Cost - Rs 21 crore
8Project Event: The project is under environmental clearance. Public hearing is likely to be completed at the end of August 2021. The RFQ for the local contractor is likely to be released after environmental clearance, which is likely to be elicited in October 2021. Details
793k MT of crude to arrive in Cochin in the coming week
85 shipments of a total of 793k MT are lined up to arrive in Cochin in the coming week.
8All 5 consignments will be received by BPCL.
8The cargoes are coming from Fujairah and Novorossiysk.
Click on Reports for the daily crude import matrix  Details
The website carries here the daily import matrices for:
8Fertilisers
8Ammonia
8LPG
8Chemicals
8Tanker cargoes
8Dry bulk cargoes
8Port updates
Also carried here is a full analysis of the entire shipping market under various categories
Click on Reports for more Details
Here is a comprehensive synopsis of the Indian oil & gas market
8It is a monthly wrap-up
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8Power sector players have been allowed in for a fresh NRL tender
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With power sector projects drying up, BHEL was looking to foray into the oil & gas downstream sector.
8A series of advertisements were taken out by the public sector company looking for EPC partnerships that will enable it to qualify for major downstream projects
Find out what the result of the exercise was. Details
Understanding the global LNG market has become very important, particularly as prices are running high
8Essentially, it is a fundamentally tight market now
8There is durable demand now, both short and long term Details
8Project Name: Dahod District City Gas Distribution
8Project Cost: Rs 300 crore
8Project Distribution Gujarat Gas Limited, has been granted permission on July 27, 2016, has set up a CGD network in Dahod district of Gujarat. The entity won the project under the 6th CGD bidding round. The CGD network has a coverage area of 3304 sq. km. For an overall timeframe of 5 years, GGL is expected to provide 16714 piped natural gas connections and lay 1309 inch-km of steel pipeline. The first phase of the project has been implemented and the second phase of the expansion is being undertaken now. Gas is being drawn from GSPL's Hazira- Ankleshwar Natural Gas Pipeline through spurline to Dahod. RFQs for supply of seamless pipe and Brass Ball Valve & Ball Cock were floated by Gujarat Gas Limited with the closing date August 10 and August 13 2021. Click here for more details Details
For reference purposes the website carries here the following tenders:
8Providing SQC and Allied Services at Nasik LPG Plant Details
8Pick and drop service for staff from Vashi, Panvel, Ulwe and Khargar to Uran LPG terminal Details
8UG Tank, Pipeline and Associated Civil Jobs at Rangpo Details
8Electrical Manpower Services at Ramanamandi Despatch Station Details
8Procurement of 5 kg cylinders old design at Usar LPG Plant Details
8Hiring of contract services for ARC of conversion of domestic consumers and associated works Details
8ARC for Maintenance/ Refilling of CO2 Clean Agent and DCP fire fighting equipment Details
8Procurement of NGTR, LA and CT Marshalling Box Details
8Supply of Bi-Directional Scraper Traps and Signaller Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Fuel demand rebound to drive earnings of oil firms: Moody's Details
8BPCL, Air India disinvestment to be completed this year: DIPAM Details
8U.S. calls on OPEC and its allies to increase oil production to combat gasoline prices Details
8Analysis-Peak OPEC? Climate-focused production shift to pile pressure on pact Details
8Oil spill in Black Sea much bigger than reported - Russian scientists Details
8Congress MP gives adjournment notice in LS over rising fuel prices Details
8Reforms like removal of retrospective tax law show govt's resolve to push growth: PM Modi Details
8Iran's president names Owji as new oil minister as U.S. sanctions bite Details
890% cylinders given under Ujjwala in disuse, women forced to cook using firewood: Priyanka Gandhi Vadra Details
8Reduce VAT on natural gas from 12.5 per cent to 3 per cent, says GCCI Details
8Madhya Pradesh earns 98 per cent more from VAT on petrol in first quarter Details
8Sunk ONGC barge had all sea worthiness certificates: Oil minister Details
8Oil prices steady after U.S. call for more oil raises supply concerns Details
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The engineering consultancy space in India is very crowded indeed.
8Here is a consultancy with very strong foreign parentage and despite the fact that it has acquired many projects, with an order book of near Rs 300 crore, the operating margins in the range of 2.5% - 5.2% during the past four years.
8In particular segment, its debtor outstanding is as high as 52%, requiring higher working capital as a result
8Then again, provisions have been made for doubtful debt as well
8Clearly, a haphazard expansion can cause much heart burn for an engineering company in India.
Click on Reports for more Details
There have been two cancellations of scheduled LNG cargoes
8Is that on account of high prices which may have killed demand?
8There is also been one diversion
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A former GAIL ED has joined Tellurian to sell its LNG in India
8Tellurian is offering really cheap prices
8Find out what kind of landed prices is Tellurian talking about?
Click on Details for more Details
Sulphuric Acid and Captive Power Unit Expansion Project
8Cost - Rs 300 crore
8Project Event: The project is still awaiting environmental clearance, Public hearing has been completed. Internal discussion is ongoing. RFQ for the PMC contractor is likely to be released in October 2021.
GSSP/GBSSP/GZSSP/GPG/BSP/BSG Expansion Project 
8Cost - Rs 48 crore
8Project Event: The proposal for the term of references has been granted, The final EIA report preparation is still ongoing. Proposal for environmental clearance is likely to be submitted at the end of August 2021. RFQ for the EPC contractor is likely to be released in September 2021.  Details
The estimated deepwater and APM gas prices for 2022-23 has been pushed up
8The earlier estimate was US$8.4 for deepwater gas being produced by RIL and ONGC and $4.25/mmtbu for APM gas
8Find out what the new estimates are, based on prevailing global conditions.   Details
RIL is expected to receive 1 million MT of crude in the coming days
86 shipments of crude are lined up to be received by RIL at their Sikka port in the coming week.
The cargoes are coming from:
8Ras Gharib
8Ras Tanura
8Wadi Feiran
Click on Reports for more Details
Two 145k Cubic Metres of LNG shipments lined up for GAIL
8One cargo coming from Das Island, carried by the vessel LNG Seri Balhaf is expected to arrive at Dahej on the 15th.
8The other consignment carried by the vessel GAIL Bhuwan is expected to arrive at Dahej on the 22nd.
Click on Reports for more Details
Get the daily matrices for the coming days:
8Chemicals 
8All tankers
8Dry bulk cargoes
8Port update
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8Monopoly tie-ins to LNG terminals by a pipeline network operator is something that should be frowned upon
8This point is succinctly argued here
Click on Reports for more. Details
Ammonia Storage Tank Greenfield Project
8Cost - Rs 100 crore
8Project Event: The tender for the design, engineering, procurement, fabrication, supply, transportation, handling, erection, testing, and commissioning of an ammonia storage tank is likely to be re-released in Q3 FY 2021.
SSP/GSSP Greenfield Project
8Cost - Rs 15 crore
8Project Event: The proposal for terms of reference has been granted and a proposal for the environmental clearance is likely to be submitted in September 2021. RFQ for the local contractor is likely to be released in October 2021 Details
The website tracks the progress of Tellurian's Driftwood LNG project simply because a deal to pick up a significant equity stake was rejected by Petronet LNG Ltd
8Following the PLL withdrawal, Total of France had also withdrawn from a deal to pump in equity against a 1 MMTPA offtake
8But Tellurian is making rapid progress with funding for this 11 mmtpa LNG liquefaction plant
8What is interesting is that it is claiming that will be able to pay back all of its development cost in as little as three years.
8What is this calculation based upon
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Procurement of Ball Valves for Srikakulam Angul Pipeline Project Details
8Insurance of Gail Jubilee Tower, Infohub Gail Vihar and other GAIL Assets Details
8Procurement of Shot Peened Pipes, Elbows, Collars & Slip on Flanges for Pneumatic Conveying Lines Details
8Procurement of High Speed Diesel Details
8Contract for services of Housekeeping/ Sanitation Services Details
8Annual Maintenance Contract for HVAC System Details
8IHiring of Service of Support Assistance for OHC Details
8Procurement of Hydraulic Torque Wrenches Details
8Supply, Installation, Testing and Commissioning of Ni-Cd Battery Bank Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8OMCs keep fuel prices unchanged for the 24th consecutive day Details
8PM Modi launches Ujjwala 2.0 for providing free LPG connections Details
8Gajendra Singh joins oil regulator PNGRB Details
8Crude oil futures rise on spot demand Details
8Engineering, petrol products, gems drive exports up 50.45 per cent in August first week Details
8OPINION: Why bio-economy represents a path towards fuel assurance for India Details
8China starts work on gas pipeline for Olympic venue Details
8New U.S. energy security advisor to tackle Nord Stream 2 risks Details
8Oil-rich Sudan begins to sense exploitation meted out to them by Chinese Details
8Iraq plans to increase oil production to 8 mln bpd by 2027 - minister Details
8Exxon launches U.S. shale gas sale to kick-start stalled divestitures Details
8Ujjwala scheme proved to be 'hollow gimmick' of govt: Congress Details
8Energy-starved Bangladesh discovers new gas field worth over $148 mn Details
81.5 crore families in UP benefitted from Ujjawla Yojana's first phase: UP CM Details
You can also click on Newsclips for more   Details
The owner has run into last-mile problems
8Work is stuck because of lockdowns as well as stiff resistance from villagers
Click on Details for more Details
Indian Oil Corporation Limited (IOCL) is expanding its Koyali - Ahmednagar petroleum product pipeline up to Solapur with a capacity of 5 MMTPA.
8The project envisages transporting petroleum products after receiving at Solapur marketing terminal through this pipeline.
Get an update here Details
Find out how the selection of the IOC marketing director became a game of chance.
8Some officers sitting for the interview just had to be culled
Click on Details for more. Details
1.6 million MT of crude offloaded across India in the three days
8A 77k MT shipment for RIL of unloaded at Sikka on 9th August.
8Another RIL shipment of 260k MT was also unlaid at Sikka on the 7th.
8IOCL’s 265k MT cargo was unburdened at Vadinar on the 7th.
8Nayara Energy’s 151k MT consignment was offloaded at Vaidnar on the 9th.
8A shipment of 86k MT arrived at Mumbai and was received by BPCL on the 8th
8Mangalore Refinery received a 91k MT consignment at their New Mangalore port on the 9th
8BPCL’s 263k MT cargo is unloading at Cochin on today
8IOCL’s 282k MT shipment was unlaid at Paradip on the 7th of August.
Click on Reports for more Details
Large quantities of LPG coming in for IOCL
8201k MT of LPG is expected to be received by IOCL in the coming week.
The shipments are coming in from:
8Ras Tanura
8Yanbu
8Ras Laffan
8Saudi Arabia
Click on Reports for more Details
Project Name: Dahej Vagra District City Gas Distribution
8Project Cost Rs 360 crore
Click here for more details for RFQs ahead Details
Phosphoric Acid Expansion Project
8Cost - Rs 1100 crore
8Project Event: The procurement work is ongoing. Construction has started in February 2020 but post COVID work is back in full swing. Labour and other services are available as per requirement. 73 % of civil work has been completed, the erection of different equipment is ongoing. Jacob as the EPCM contractor, The commissioning has now been extended from October 2021 to December 2021.
Ammonia/Nitric Acid/SOP Greenfield Project
8Cost - Rs 200 crore
8Project Event: The proposal for the term of reference has been granted, and the final EIA report preparation is still ongoing, the proposal for environmental clearance is likely to be submitted at the end of September 2021. RFQ for the local contractor is likely to be released in Q3FY2021. Details
Is the oil ministry trying to usurp powers off the PNGRB?
8The government had never been very happy palming off its power to an independent regulator and it had consistently fought off making the DGH an independent entity.
8Is the ministry now trying to dilute the PNGRB's authority?
Click on Details for more Details
8There are reports that Adani's Dhamra LNG terminal had run into some snag with one of its contractors.
Find out more  Details
ONGC has got hundreds of vacancies
8Some of them are spillovers from campus recruitments
8Asset-wise vacancy details are given here
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8PLL is bringing in a cargo at Cochin on August 10
8IOCL, after a long hiatus, has scheduled a cargo at Ennore on August 21
Click on Reports for more Details
The government had relaxed the guidelines for companies who want to market transportation fuels.
8Under the new guidelines, seven companies, including some unknown to the oil industry names, have been granted sanction.
Click on Reports to know more Details
For reference purposes the website carries here the following tenders:
8Land Development Works at Rasayani LPG Plant Details
8Supply of Pressure Reduction Skid for last mile connectivity Details
8Modification Works at SV-14 for downstream 4 Inch Bypass Line Details
8Procurement of Combined PH and Conductivity Meter Details
8Procurement of Distillation Apparatus for QC Laboratory Details
8Three years ARC for printing of I-card and access card Details
8Contract for hiring of services for calibration of PSVs in KG basin Details
8Calibration/ testing of pressure safety valve/ temperature safety valve Details
8Expression Of Interest for Integrated Petro-technical Cloud Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8PM Modi to launch Ujjwala Yojana 2.0 on Aug 10 Details
8Saudi Arabia's economy grew 1.5 per cent in Q2, first expansion since pandemic Details
8Oil slides 4 per cent on China virus curbs and climate warning Details
8OPINION: The crucial role of natural gas in India’s decarbonization Details
8Saudi Aramco scouting for more deals to offer to investors Details
8Oil steadies after hitting three-week low on pandemic restrictions Details
8Maersk’s green shipping plan runs up against scarce cooking oil Details
8For IndianOil customers, Indane gas now just a missed call away Details
8ONGC’s share in India’s oil, gas production rises Details
8India's fuel demand rose 7.9 pct y/y in July Details
8IOC launches app-based doorstep diesel delivery services along with Humsafar India, Okara Fuelogics Details
8Reliance Industries, Reliance-BP Mobility get fuel retailing licence Details
8Cairn tax case: Parliament passes bill to bury ghost of retrospective taxation Details
8OMCs leave petrol prices unchanged as International crude oil prices decline Details
You can also click on Newsclips for more   Details
8The website is listing here the what the government calls five new steps to raise ONGC's output
Click on Details for more Details
8What are the 10 major recommendations of the two committees set up to investigate the Baghjan fire?
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Despite the big talk about inviting foreign investment in India's E&P acreages, money brought in by foreign companies is at near nil levels.
8It is a sad commentary on either India's lack of tangible commercial hydrocarbon resources or unhelpful government policy
8The fact that Cairn Energy Plc had to move international court to confiscate Indian government assets, in order to force it to pay up for an arbitration award, is perhaps testimony to why foreign companies are averse to come into India.
Click on Reports for the data Details
8IGC claims that its discovered prices on its exchange are 50% cheaper than comparable prices.
8How is that so? Details
Indian experiment with 2G bio-ethanol project is still on shaky ground.
8The deal with Tata Projects, the EPC contractor for the plant that was meant to be put up in the former petroleum minister Dharmendra Pradhan's constituent state has fallen through
8But since it is a political project, work must go on no matter at what cost
8The licensor, who Tata Projects blamed for not having the designs in place for the project, remains the same
8Find out the details of the alternate plans that BPCL has put together to get the project going again. Details
The website carries here the latest update on imports ahead for:
8Crude
8Chemical
8Ammonia
8LPG
Click on Reports for more Details
ONGC had sought out two platform supply vessels with the express purpose of making potable water to supply its offshore facilities
8Two companies had put in their bids
What is the current status Details
8Here is a power company that is till taking gas despite high ruling prices
8How is it able to do so? Details
There was a good response to ONGC's EOI for Cluster-3 development in its KG offshore block, KG-DWN-98/2
8Cluster-3 is an ultra deepwater discovery, and if development takes place, it is will one of a handful of companies who will be drilling as such depths
8But rules may stymie this attempt Details
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