Will Petronet LNG be adversely impacted by new LNG terminals coming in? 8Apparently not, it claims. 8But is it a good idea for an LNG company to move up the value chain, like owning a part of a gas field, like Petroent is planning to do? Click on Reports for answers to these questions and more
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Who are the key officers in the petroleum ministry? 8If you have to work in the petroleum sector and you want the government's help, who is the correct person to get in touch with? 8What are the specific assignments handled by each officer? Click on Reports to know more
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City gas distribution is not an easy business to be in 8In the first lot of 48 CGD winner, there are the usual names 8But there are some new entrants to watch out for 8Business development mangers will have to start working on this list soon enough. Click on Reports for more
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ONGC looking at a 10% increase in gas production in the next five years 8The future is bright, analysts claiming because of declining opex led by cost efficiencies 8Higher crude oil prices in the absence of subsidy sharing is likely to be a big boost Click on Reports to know more about where the company is going from here
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Ammonia-Urea Brownfield Project 8Cost - Rs 6000 Crore 8Project Event: The purchase of major equipment and services is ongoing and NIT for Civil work contractor has been released. Click here for more information Single Super Phosphate Expansion Project 8Cost - Rs 20 Crore 8Project Event: NIT preparation for EPC contractor is ongoing and it is likely to be released in September in place of July 2018. Click here for more information NPK-SSP & Sulphuric Acid Expansion Project 8Cost - Rs 15 Crore 8Project Event: RFQ for a contractor is likely to be released after environmental clearance. The public hearing has been completed but environmental clearance is due and it is likely to be elicited in September 2018. Click here for more informationDetails
8Project Name: Drilling Field Development 8Project Cost: Rs 800 crore. 8Equipment required: The equipment required will be casing pipes, drilling pipes, drill bits, X-mass tree, Blow out preventer, Cementing services (Cement, Cementing Chemicals and accessories), Drilling fluid services and other oilfield chemicals. 8Project Event New: RFQ for the equipment and oilfield chemicals is expected by December, 2018. RFQs for the hiring of drilling rig services is expected by Q1 2019. 8Expenditure Approval: Q2/2015 8RFQ Date: Dec/2018. 8Release Date: Q1/2019 8Date: Nov/2019 8Completion Date: Dec/2022 Click here for more details for project configuration and key contacts 8Project Name: Oil Field Development 8Project Cost: Rs 150 crore 8Project Event: RFQs for the hiring of Drilling Rig is expected by December 2018. RFQs for the hiring of oilfield chemicals and cementing services is expected by Q1 2019. 8Expenditure Approval: Q4/2017 8RFQ Date: Dec/2018 8Release Date: Q1/2019 8Start Date: Nov/2019 8Completion Date: Nov/2020 Click here for more detailsDetails
8Project Name: Greenfield Gas Pipeline Project 8Project Cost: Rs 2500 crore 8Project Event: RFQ for the next 140 Km laying work is expected by October 2018. 8Expenditure Approval: Q4:2016 8RFQ Date: Oct/2018 8Release Date: Nov/2018 8Start Date: Q2:2017 8Completion Date: Q4:2020 Click here for more details for key contacts 8Project Name: Crude Oil Terminal Augmentation Project 8Project Cost: Rs 170 crore 8Project Event: RFQ for the PMC contractor is expected by October 2018. 8Expenditure Approval: Q4:2017 8RFQ Date: Oct/2018 8Release Date: Nov/2018 8Start Date: Q4:2018 8Completion Date: Q4:2020 Click here for more details for more information 8Business opportunity equipment suppliers: Get the key contact here The owner is planning to float an RFQ for an electric motor driven CNG booster compressor for a City gas distribution project. An EPCM contractor is involved.Details
For reference purposes the website carries here the following tenders: 8Appointment of COD Operator for Packed and Bulk Bitumen Details 8Procurement of Mechanical Seal Spares in refineryDetails 8Procurement of Spares of Breakers at refineryDetails 8Procurement of CS Pipes Details 8Repair of anomaly points of pipelinesDetails 8Conversion of the Manual operated valves to the motor operated valvesDetails 8ARC for Hydro Jet Cleaning of Heat Exchanger Tubes at refinery Details 8Handling, Transportation, Shifting, Stacking and Loading of RPC at refinery Details 8Verification and validation of results of In-Line-Inspection for health assessment of offshore sub-sea pipelines and risers Details 8Dismantling and Repair of SRU3 Incinerator Flue Gas Stack Details 8Mechanical Piping Works and Equipment Erection at LPG Plant Details 8Expression of Interest for Insurers/ Reinsurers for Vedanta Limited Asset Insurance Policy Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Punjab scraps plan to release 2.5 lakh agricultural pumpset connections Details 8Demand for people in the energy sector has increased: Chennai Petroleum Details 8Northeast to be connected with National Gas Grid: Oil India CMD Details 8GST slabs may reduce to 3 in long-term: Finance Ministry official Details 8Saudi Arabia to resume crude oil exports through Red Sea lane Details 8US regulators close investigation into Exxon Mobil climate disclosures Details 8U.S. oil drillers cut rigs for second week in three: Baker Hughes Details 8Govt achieves target of 5 cr free LPG connections 8 months ahead of schedule Details 8Rising oil prices threaten to erode mining sector's profitabilityDetails 8Govt to move High Court against Reliance arbitration award, says Oil Minister Dharmendra Pradhan Details 8NCAP with multiple timelines to clean air in 102 cities to be released around 15 AugustDetails 8Forget cash or card, soon your thumb would be enough to pay at petrol pumps Details 8LNG demand to stay strong despite 70 per cent price rise: Report Details 8ONGC asks HPCL to rectify promoter classificationDetails 8IOC to invest Rs 1.75 lakh crore for expansion: Chairman Sanjiv Singh Details 8Devendra Fadnavis firm on going ahead with Nanar refinery Details 8Oil prices rise after Saudi output dips, U.S. drilling stalls Details 8Concerns about surge in oil prices are overdone: Jim Walker, Asianomics Details 8Trump’s foreign policy: An unlovely triangle Details 8Steep spike in global liquefied natural gas price unlikely to curb domestic demand Details You can also click on Newsclips for moreDetails
Project Name: Thermal Power Station - Limestone Handling and Gypsum Storage Project 8Project Cost: 116 crores 8Project Description: Owner is planning to come out with a bid for limestone handling plant and gypsum handling plant related to the installation of an FGD system in a 3000 MW thermal power station. Further bids are expected soon. 8Project Event: RFQ for limestone handling, crushing and Gypsum Storage Package is expected by the mid-August 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: 14/Aug/2018 8Release Date: 16/Aug/2018 8Start Date: Q4:2018 8Completion Date: Q1:2020 Click here for more information 8Project Name: ThermalPower Plant Maintenance Project 8Project Cost: 5 crores 8Project Description: A subsidiary company has planned a 25-day scheduled annual overhaul in the 710 MW thermal power station. The specification of the work includes replacement of boiler pressure parts, replacement of basket in air preheater, repairing of economizer hoppers and seals. Further bids are expected soon. 8Project Event:RFQ for required overhaul is expected by the second week of August 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: 8/Aug/2018 8Release Date:10/Aug/2018 8Start Date:1/Sep/2018 8Completion Date: 15/Sep/2018 Click here for more information 8Project Name: Greenfield Thermal Power Project 8Project Cost: 7530 crores 8Project Description: A subsidiary company along with EPC contractor has completed the piling works for a 1600 MW greenfield super-critical thermal power project. Further bids are expected soon. 8Project Event: RFQ for fire protection system package and raw water system package is expected by the end of August 2018, instead of June. 8Expenditure Approval: Q4:2016 8RFQ Date: 28/Aug/2018 8Release Date: 31/Aug/2018 8Start Date:Q2:2017 8Completion Date: Q4:2021 Click here for more informationDetails
There has been a 50% increase in the capital cost 8The project commissioning schedule has been advanced by one whole year Click on Details for more
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The likelihood of unified tariffs coming into force is pushing more industrial enterprises nearer to gas sources to rush for their own captive pipelines 8This may work against suppliers such as GAIL or GSPC 8Find out what is developing on this front Click on Reports for more
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What is up with the ambitious 11 MMTPA FRSU at Challapalli in Andhra Pradesh? 8What kind of gas flows can one expect then from this area, with new gas also likely to come in from the KG Basin discoveries 8What kind of pipeline tie-ins are contemplated? Click on Reports for more
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8Maintenance works in a 630 MW thermal power station in Chennai: Find out the project owner. 8New supercritical units coming up in Madhya Pradesh: Find out more Click on detailsDetails
How much you pay your agent should really be the prerogative of the bidder in a competitive bidding environment. 8After all, if the bidder is willing to pay a high amount, he will have to work it into his bid price, thereby risking losing the tender. 8That argument has stopped ONGC from questioning how much a bidder may want to pay is Indian agent 8Is this principle now under threat? Click on Details for more
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A storm has been created by the award of a Rs 250 crore contract to EIL on a OBE route 8The competition has claimed that ONGC had ignored a tender invited for a consultant for the job 8Within ONGC too, the opinion is divided over whether an LSTK or an OBE route should have been followed for the tender Click on Details for more
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It is going to be increasingly difficult for EIL to walk away with nomination contracts in ONGC, it seems 8Unlike in the downstream sector, where EIL had a near hegemony, the E&P sector is much more technology-intensive segment and EIL has been losing its edge of late 8Even in areas such as gas processing or crude sweetening, where EIL has the requisite experience, landing a nomination contract or an OBE contract, will not be easy anymore Click on Details for more
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8Project Name: Exploratory Drilling 8Project Cost: Rs 250 crore. 8Project Description New:It is a shale oil & gas gas development project 8Project Event New: RFQ for the hydrofracturing and other equipment and oilfield chemicals is expected by November 2018. 8Expenditure Approval: Q2/2018 8RFQ Date: Nov/2018. 8Release Date: Dec/2018 8Date: Q4/2018 8Completion Date: Q4/2020 Click here for more details 8Project Name: Development Drilling Programme 8Project Cost: Rs 30 crore 8Project Description: RFQ for the hiring of an EPC contractor for flowline installation at a GGS is expected soon. 8Project Event: RFQs for hiring an EPC Contractor is expected by November 2018. 8Expenditure Approval: Jan/2018 8RFQ Date: Nov/2018 8Release Date: Dec/2018 8Start Date: Apr/2019 8Completion Date: Dec/2020 Click here for more detailsDetails
8Project Name: Greenfield Product Pipeline Project 8Project Cost: Rs 324 crore 8Project Description: The owner has hired a private company as a PMC contractor. Work is progressing well. 8Project Event: RFQ for the station work is expected by October 2018. 8Expenditure Approval: Q4:2016 8RFQ Date: Oct/2018 8Release Date: Nov/2018 8Start Date: Q1:2017 8Completion Date: Jun/2020 Click here for more details 8Project Name: POL Terminal Expansion Project 8Project Cost: Rs 150 crore 8Project Description: A PFR consultant has been appointed. 8Project Event: RFQ for EPMC contractor is expected by September instead of July 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Sep/2018 8Release Date: Oct/2018 8Start Date: Q4:2018 8Completion Date: Q3:2021 Click here for more details 8Project Name: Brownfield LPG Bottling Plant Expansion 8Project Cost: Rs 100 crore 8Project Event: RFQ for the equipment erection work is expected by September 2018. 8Expenditure Approval: Q1:2017 8RFQ Date: Sep/2018 8Release Date: Oct/2018 8Start Date: Jul/2017 8Completion Date: Q1:2019 Click here for more detailsDetails
For reference purposes the website carries here the following tenders: 8Supply of Mechanical Seal Spares Details 8Supply of License, Basic Design and Engineering Package, Proprietory Equipment and other services for Alkylation Unit at refineryDetails 8Supply of DP TransmittersDetails 8Supply of Pressure Gauges at refinery Details 8Supply of Spares of Gas Analyser at refineryDetails 8Expression of Interest for provision of Surveying Services for Crude Loading and Unloading OperationsDetails 8Procurement of Multifunction Calibrator with Hart Communication Facility Details 8Minor/ Major Overhauling of Compressor Make Installed Up-stream Units Details 8Hiring of EC Services for Block CB-ONHP-2017/12 Details 8Supply of DG-sets at Retail Outlets on Pan India Basis Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Oil tanker owners are scrapping the most ships in decades Details 8Record-high greenhouse gas emissions in 2017: Report Details 8E.ON's German energy retail unit says it added 50,000 clients in H1 Details 8China to impose Beijing-Tianjin-Hebei pollution curbs from October 1 Details 8Discount on digital payment at petrol pumps cut to 0.25 per cent from 0.75 per cent Details 8Bangladesh sees stalled floating LNG terminal starting operations in days Details 8Egypt sets tariff of $0.38 for use of national gas grid Details 8Cabinet nod to QIP to help mine expansion plan: HCL CMD Santosh Sharma Details 8India’s crude oil production to grow by a mere 1 MT through 2022: Oil ministryDetails 8Libya's Attahadi gas field halts production Details 8China's Zhejiang Petrochemical gets 5-mt crude oil import quota for 2018Details 8FinMin may approve Rs 4,000 crore subsidy for FAME II: Officials Details 8State refiners drive India's July Iran oil imports to a record: Report Details 8Niti Aayog may test-drive plan to run petrol cars on 15% methanol Details 8Texas investigators probe pipeline blaze that injured seven Details 8U.S. Labor Department cites 3 companies in Oklahoma rig explosion Details 8UK GAS-Prices rise ahead of Forties pipeline outageDetails 8OPINION: How DBT can improve subsidy payout and remove fake transactions Details 8Brazil calls oil cargo auction, seeks to export oil in a yearDetails 8Free LPG to 50 million poor homes: PM Modi’s pet scheme beats target Details You can also click on Newsclips for moreDetails
8Project Name: Gas Power Station - Supply of Cooling Tower Fill Pack and Drift Eliminator 8Project Cost: 16 crores 8Project Description: Owner is planning the supply of a cooling tower fill pack and drifts eliminator system in a 780 MW gas power station. A Notice Inviting Tender is getting prepared. Further bids are expected soon. 8Project Event: RFQ for the supply of a cooling tower fill pack and drifts eliminator system is expected by September 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: Sep/2018 8Release Date: Sep/2018 8Start Date: Q4:2018 8Completion Date: Q1:2019 Click here for more information 8Project Name: Thermal Power Station - Installation of FGD 8Project Cost: 3000 crores 8Project Description: A subsidiary company has recently floated an EOI for installation of seawater based Flue Gas Desulphurisation (FGD) system for a 3200 MW thermal power plant. Further RFQs are expected soon. 8Project Event:RFQ for the supply and installation of seawater based FGD (Flue Gas Desulphurisation) system is expected by the mid-August 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: 10/Aug/2018 8Release Date:13/Aug/2018 8Start Date:2019 8Completion Date: 2022 Click here for more information 8Project Name: Thermal Power Station - FGD Addition 8Project Cost: 500 crores 8Project Description: A subsidiary company along with consultant is undertaking preparation of a feasibility report for installation of a flue gas desulphurization system at an 800 MW thermal power station. Approval from the state government is pending. Further bids are expected soon. 8Project event:RFQ for the design, supply, installation, and commissioning of an FGD is expected in the Q1 2019. 8Expenditure Approval: Q4:2018 8RFQ Date: Q1:2019 8Release Date: Q1:2019 8Start Date:2020 8Completion Date: 2022 Click here for more informationDetails
For reference purposes the website carries here the following tenders: 8Procurement of Spares of ETP Secondary Clarifier at refinery Details 8Maintenance related civil works for utility and hydrocarbon pipelines at refineryDetails 8Contract for Carrying out Review of Integrity Management SystemDetails 8Carrying out Site Execution of IBR Piping Works Details 8Procurement of Pipeline Locators for PipelinesDetails 8Procurement of Metering SkidsDetails 8Procurement of Activated Carbon Details 8Hiring of Services for Obtaining the requisite Statutory Clearance for Export Gas pipeline from Central Process Platform to Onshore Gas Terminal Details 8Bid Document for Procurement of Break Away Couplings and NGV Receptacles Details 8Bid Document for Industrial and Commercial Connections Details 8Expression of Interest for Vedanta Residential Complex within the RJ-ON-90/1 Block Details 8Selection of Consultant for EPMC to set up City Gas Distribution networks Details 8Hiring of Cementing Services for Chartered Hiring Rigs Details 8Charter hire of Platform Supply Vessels Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Indian Oil tops 7 Indian firms on Fortune 500 list, RIL jumps 53 places Details 8Moves to cut emissions could cause more hunger than climate change - study Details 8Strong French hydro, nuclear power output squeeze out fossil fuels in June -RTE Details 8Cabinet approves Rs 1,258 crore interest-free loan for three fertilizer projects Details 8Cabinet approves policy framework for exploitation of unconventional hydrocarbons Details 8Government to appeal against arbitration panel rejecting its $1.5 billion claim against Reliance Details 8Centre, industry want petroleum products in GST ambit: Oil Minister Pradhan Details 8Oil trades higher after two days of heavy losses Details 8Brazilian crude oil exports rebound, hitting record 8.1 million tonne in JulyDetails 8Russia's Novak: Higher oil production in July aimed at market stability Details 8Rio Tinto sees FY coking coal output at 4 mln tn, thermal coal 2.5 mln tn Details 8U.S. EPA chief says proposed rule on fuel efficiency coming this week Details 8Indonesia to make bio-diesel use compulsory from 1st Sept: officialDetails 8Mayawati slams BJP govt for fuel price hike Details 8India allows shale, CBM production under old licences Details 8Gas Reserves in Assam and other North-Eastern States Details 8The natural gas debate: A bridge to the future? Details 8Govt weighs options in $1.55 billion RIL-ONGC row Details 8Petrol, Diesel Prices raised in Metros after two days: Check Rates here Details 8India allows firms to drill for Shale Oil, Gas under existing contracts Details You can also click on Newsclips for moreDetails
Is there a likelihood of the Modi administration launching a Universal Basic Income (UBI) scheme before the 2019 elections? 8If it does, then the UBI will be pivoted around the energy sector -- involving both oil & gas and the power sector -- rather than on the Public Distribution System (PDS) for foodgrains and the fertilizer subsidy scheme. 8This is because the poor gains more from a UBI scheme centered around delivering full energy prices to the customer than if food and fertilizer subsidies are included in the scheme. 8If Modi can finish up his 100% electricity linkages to all households quickly enough, a UDI announcement can become a real possibility. 8If it really happens, the oil & gas sector will go through a tumultuous and unprecedented transformation. 8No doubt the announcement of such a scheme if not its implementation before 2019 will be a political game changer and only a risk taker like Modi is capable of taking such a decision. Click on Reports for more
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Ammonia - Urea & Captive Power Plant Greenfield Project 8Cost - Rs 10000 Crore 8Project Event: Tender for the EPC has released and discussion is ongoing with a China-based company but the deal has not been finalized yet and it is likely to be sealed in October. Traditional technology and EPC companies are not in the fray for this project, it seems Click here for more information Ammonia-Urea Energy Saving Project-II 8Cost - Rs 200 Crore 8Project Description: A Fertilizer Company is planning the implementation of various schemes under ESP-II at its ammonia-urea fertilizer complex-II in India. 8Project Event: The project is in the initial phase and RFQ for the LSTK contractor is likely to be released soon. Click here for more informationEditDetails
President Trump's willingness to sit in talks with the Iranians is an indication that he may be in as much pressure as the Iranians to look for a compromise 8Latest estimates show that the disruption to Iran’s crude exports will be to the tune of 700,000 bpd 8Analysts are saying that this will bring about a significant upside risk to oil prices in the fourth quarter as a result of sanctions. 8Whether or not talks take place, the White House will have to ease pressure on Iranian sanctions enforcement Click on Reports for more
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Reducing or eliminating Indian agent commission may not bring about net gains to ONGC 8Find out why ONGC may not end up a beneficiary Click on Details for more
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8Project Name: Greenfield LPG Terminal 8Project Cost: Rs 1800 crore 8Project Event: RFQ for the surveying work is expected by September 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Sep/2018 8Release Date: Oct/2018 8Start Date: Q1:2019 8Completion Date: Q4:2020 Click here for more details 8Project Name: Petrochemical Complex Expansion 8Project Cost: Rs 600 crore 8Project Description: There is a slight delay in the selection of PMC contractor due to delay in environment clearance. 8Project Event: RFQ for the PMC contractor is expected by September instead of July 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: Sep/2018 8Release Date: Oct/2018 8Start Date: Q4:2018 8Completion Date: Q2:2020 Click here for more details 8Project Name: LPG Bottling Plant Expansion Project 8Project Cost: Rs 150 crore 8Project Event: RFQ for the long lead item is expected by October 2018. 8Expenditure Approval: Q4:2016 8RFQ Date: Oct/2018 8Release Date: Nov/2018 8Start Date: Q4:2018 8Completion Date: Q3:2020 Click here for more detailsDetails
8Project Name: Hydroelectic Power Station - Annual Maintenance Contractor 8Project Cost: 0.53 crores 8Project Description: The owner is planning to come out with a maintenance contract for hydro-mechanical equipment. Tenders for the same is expected soon. 8Project Event : RFQ of an annual rate contract for hydro-mechanical equipment are expected by the end of August 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: Aug/2018 8Release Date:Sep/2018 8Start Date:Q4:2018 8Completion Date: Q4:2019 Click here for more informationDetails
8ONGC to bear GST on account of forfeiture of Bid security. Click on Reports for more 8Gas based generators may stay out of business as global coal prices cool down Click on Report for more. 8RIL continues to buy 10 mmscmd of LNG but that will stop soon click on Report for more. 8There is a conflict of interest that OISD has while dealing with oil safety issues. So PESO is recommended to be the main authority to handle oil & gas safety Click on Report for more.
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RIL has won the arbitration battle against the $1.55 billion claim by the government over the so-called gas migration dispute. 8This is a big shot-in-the-arm for the private sector giant, currently under pressure on its E&P business on account of falling D-6 output even as it waits for new gas to come in from fresh investments in the KG basin. 8The crux of the argument against the government by the tribunal is that the Production Sharing Contract does not prevent the contractor from producing gas, irrespective of its source, as long as the producing wells are located inside the contract area. 8The government is still to decide on the next course of action. Arbitration procedures have now become complicated and it will take years of litigation before either side can come out a clear winner. 8RIL's E&P division is expected to see a big turnaround once new gas begins to flow in from the monetization of its discoveries in the KG Basin, beginning 2020. Click on Reports for a glimpse of how RIL is now firing from all cylinders in nearly all its business segments.
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The government plans to launch launch Discovered Small Fields (DSF) Round 2 this month. 8A total of 60 discoveries have been clubbed into 26 contract areas spread over 3100 sq km. 8But there are clear red signs that every entrepreneur making a rush for these assets must look out for. Making money is never easy, and investors are advised not to be overtly tempted by rising oil prices and visions of oil and gas fields pumping away for a decade or more. 8The E&P business is a complicated one, as investors are finding out while trying to kick start the DSF Round 1 fields. 8Our website provides the most comprehensive mapping of how the Round-1 fields are doing as of now. Some have entered the contracting phase, others have not. A few have discovered that the fields have far less hydrocarbon than they earlier envisaged Find out more on those entrepreneurs who are not from oil & gas business but nevertheless rushed in but are now struggling to learn the business. Our mapping of DSF Round-1 fields includes: -- Live updates on progress made by each field -- Realistic assessments of their commissioning dates -- Latest updates on clearances obtained or to be obtained by these fields -- Latest contracting updates and business opportunities -- Updates on those who are ahead and those lagging behind -- Pitfalls to be avoided. Get in touch with our marketing team for access to our database on Discovered Small Fields Round. What you get is not just a database but also everyday updates on progress made by these fields Click on Report for more.Details
How much should a top-notch E&P professional earn in the private sector in India? 8Quite a lot compared to his public sector counterpart 8If you are a CEO or a CFO of an E&P company delivering good results, what should be the benchmark? 8If you are looking for such a slot, what kind of bonuses can you expect if your KPIs are fulfilled? Click on Reports for more
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Leaders know that if you want strategic execution, you need the right people and teams. 8Yet finding the right people is a big struggle when the job market is booming. 8No wonder the task of recruiting, promoting, and retaining talent consumes so many C-suite conversations. 8Which raises the question: Why do so many organizations overlook their greatest source of talent, themselves? 8Large companies employ thousands of people. 8Yet it’s not unusual for recruiters to be completely unaware that the best candidate for a position may already work inside the organization. 8Know more on why looking within is better sometimes than looking outside Click on Reports for more
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Significant levels of new gas are expected to get into the grid in the next few months 8The Anjar-Mundra pipeline stretch, connecting the newly commissioned Mundra LNG terminal to the Gujarat grid, is expected to be ready in one month. 8The Mehsana-Barmer line would also start gas transfer in the next 2-3 months with the Cairn Rajasthan field output likely to be at 3-4mmscmd Click on Reports for more
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Strident domestic lobbies are fighting against allowing the export of gas in the US and Australia. 8Find our more on how these lobbies may eventually impact the LNG trade much more than a whole lot of other factors 8With US getting more protectionist, the domestic gas consuming industry is lobbying Washington to stop US gas supplies to countries such as India where the domestic gas industry is subject to forced underpricing 8Potent jobs gained vs. jobs lost arguments are being thrown at proponents of LNG exports. 8There is a lobby in Australia that claims that gas is more expensive in some parts of the continent than the landed price of Australian LNG in Japan Click on Reports for more
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Why is Petronet LNG's capacity higher during the rough monsoon season than otherwise? This is not because of a sharp uptick in demand for LNG during the season but on account of an external favourable factor 8With a spate of domestic LNG capacity coming up, Petronet is now looking at foreign markets for future growth. Is it the right strategy? Click on Reports for more
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The Indian shipbreaking industry is undergoing a major transition 8It is trying to stay ahead of the competition from Bangladesh and Pakistan while also confronting the problem of being a highly polluting industry 8The fact that the Chinese have stopped recycling of foreign flagged vessels, while providing a boost to the domestic industry, is a grim reminder of how the situation may turn out eventually for it in India 8For now, efforts are on to keep the industry going in full throttle. Get a full update on the industry here click on Report .
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For reference purposes the website carries here the following tenders: 8Procurement of Natural Gas Regulators Details 8Supply of R201 Top Bed Demet Catalyst for HCU in refineryDetails 8Supply of License, Knowhow Basic design and Engineering Package BDEP Catalysts Proprietary Items if any and other Services for Polypropylene Unit at refineryDetails 8Supply of Globe Valves Details 8Supply of License Know-how, Basic Design for Installation of MS Block comprising of Continuous Catalytic Reforming Unit and Isomerization UnitDetails 8Supply of Steam Turbine Spares at RefineryDetails 8Supply of Inlet Air Filters of Gas Turbines Details 8Repair of Coating Defects along various Pipelines Details 8Procurement of Pressure Transmitters Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8RIL wins arbitration award in gas dispute with govt Details 8Iraq has spent more than USD 700 bn oil wealth since 2005 Details 8India advances plan for integrated megarefinery Details 8LPG price hiked by Rs 1.76 per cylinder Details 8Vedanta first quarter net profit rises 2 per cent at Rs 1,533 crore Details 8Once oil wealthy, Venezuela's largest state struggles to keep the lights on Details 8India's eight core industries grow 6.7% in June Details 8BP second quarter profit above expectations at $2.8 billion Details 8India’s natural gas production will double in four years: Oil MinistryDetails 8April-June fiscal deficit at 68.7 per cent of fiscal year target Details 8China's CNPC says H1 overseas equity oil, gas production up 7.3 pct Details 8Arbitration panel doesn’t find RIL at fault in ONGC row Details 8Oil extends decline after biggest monthly slump in two years Details 8Taiwanese company proposes $6.6 billion petrochemical investment in OdishaDetails 8South China Sea emerging as a dangerous flashpoint Details 8Cabinet boost to Gail Gas Pipeline Details 8Your LPG cooking gas price to be hiked by Rs 25.50 from August in Delhi Details 8RIL wins as tribunal bins govt gas claim Details 8Base effect, higher refinery production accelerates June core factory output Details 8RBI monetary policy: Core inflation may sway RBI to hike Details You can also click on Newsclips for moreDetails
8Project Name: Exploratory Drilling 8Project Cost: Rs 200 crore. 8Project Description New:A 3 well drilling project in an onshore NELP-V Block is coming up under a JV. The drilling contact has gone to a private company. The project also involves the construction of an EPS with a capacity of 800m3 per day and the laying of an Intra-field pipeline network. Equipmentrequirements will be for Xmas Trees, Manifolds, DG Sets, Casing Pipes, Compressor, HSD. 8Project Event New: RFQs for equipment are expected by September end 2018. 8Expenditure Approval: Q1/2018 8RFQ Date: Sep/2018. 8Release Date: Oct/2018 8Date: Q3/2018 8Completion Date: Q4/2019 Click here for more details for key contacts and other project detailsDetails
8Project Name: Development Drilling Programme 8Project Cost: Rs 300 crore 8Project Description: RFQs for equipment for a 6-well development drilling programme are expected soon. The contract for the GCS expansion and the pipeline part has already been awarded. The project involves the conversion of 3 exploratory wells into development wells, up-gradation of the GCS and laying of a 10" pipeline (50 Km). The equipment requirement for the project will be Casing Pipes, Oil field Chemicals, Wireline and Cementing Services. 8Project Event: RFQ for the equipment and oilfield chemicals are expected by October 2018. 8Expenditure Approval: Q3:2016 8RFQ Date: Nov/2018 8Release Date: Dec/2018 8Start Date: Q4:2018 8Completion Date: Q4/2020 Click here for more detailsDetails
One of the biggest beneficiaries of the Make in India policy, which in this case is essentially an overtly discriminatory policy that keeps foreign competitors out, is the domestic oil & gas line pipe and casing industry. 8The business is in the case of a handful of participants and they have been able to keep competition at bay. 8The consequence is that prices have gone up for E&P majors such as ONGC and OIL 8Know more about this particular instance where in a tender for high quality EUE tubings and pup joints, the competition is low and the prices are high Click on Details for more
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8Project Name: Greenfield LPG Pipeline Project 8Project Cost: Rs 1800 crore 8Project Description: The owner has hired the PMC contractor. Environment clearance was granted for this project on March 2017. RFQ for mainline pipe and ball valve is already out. Price bid will open in August 2018. Further RFQs are expected soon. 8Project Event: RFQ for the terminal work is expected by October 2018. 8Expenditure Approval: Q2:2016 8RFQ Date: Oct/2018 8Release Date: Nov/2018 8Start Date: Mar/2017 8Completion Date: Dec/2020 Click here for more details 8Project Name: Greenfield Product Pipeline Project 8Project Cost: Rs 700 crore 8Equipment required: Equipment required are: Centrifugal compressor/Pump, Mainline pipes, welding machines, excavators, bulldozer, Shovel, Backhoes, Dozers, Scrappers, Paver, Pumps, Generators, Compressors, Jack Hammers, Piledrivers, Pumps/Compressors, Buried Pipelines, Isolation Valves (Manually, Remotely, Automatically Operated), Relief Valves (Thermal or other types), Pipe bridges or other supports, Cased Sleeves under roadways or rail lines, Control Systems, Leak Detection System, Pig launcher and receivers, motors, Transformers, Bulldozer, Dump Truck, Hydro excavator,Crane, Control Valves, Filters, among others. 8Project Event: RFQ from September 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Sep/2018 8Release Date: Oct/2018 8Start Date: Q1:2019 8Completion Date: Q4:2021 Click here for more details for key contacts 8Business opportunity for an EPC contractor: Find who is looking for him 8The owner is planning to install a new LPG bottling plant with a capacity of 120 TMTPA. The project is now in pre-planning stage and waiting for the capex approval. An overall amount of Rs 170 crore has been earmarked for this project. It is expected to commissioned by June 2020. Click on Details for moreDetails