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All the news items since the launch of our web site are preserved in the archive section. The archive entries are freely accessible to all the users.


Aug 2018

Project Name: Thermal Power Station - Renovation, Modernization, and Up-gradation Project
8Project Cost: 216 crores
8Project Description: Owner is getting delayed for coming up of a bid for renovation and modernization in a 350 MW thermal power station due to a delay in state government approval for financial assistance. Further bids are expected soon.
8Project Event: RFQ for R&M for 2x125 MW units is expected by November 2018, instead of Q2 2018.
8Expenditure Approval: Oct/2018
8RFQ Date: Nov/2018
8Release Date: Nov/2018
8Start Date: Q2:2019
8Completion Date: Q1:2021
Click here for more information

8Project Name:  Thermal Power Station Maintenance Project
8Project Cost: 1.25 crores
8Project Description: Promoter has planned a 28-day mini overhaul in the 3000 MW Thermal Power Plant. The major scope of work includes inspection and round the clock maintenance of the boiler pressure parts. The equipment required will be furnace arch tubes, short radius bends, among others.
8Project Event: RFQ for short lead equipment in the preventive maintenance is expected by the mid-September 2018.
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8Annual overhaul works are coming in a 440 MW thermal power station: RFQs in September 2018.
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Details
ONGC has begun work on development of the UD-1 ultra deepwater field
8A go-ahead has been given from the regulatory authorities
8The discovery has around 80 BCM of gas reserves.
8The challenge is that while discovery is at a water depth of 2800 metres, the total depth of the reserve is a massive 6576 metres.
8Other wells drilled around this area have not shown great results
8ONGC will have to be able to find a viable technology to be able to drill so deep and the challenge will be to work out the cost economics at current gas prices
8The website carries here full details on this discovery and what exploiting it will entail
Click here for more information. 
Also, click on Details below to know more on how much gas production per day is possible if this discovery comes on stream. Also how much money has ONGC incurred in finding this discovery.
Details
ONGC is planning to buy a total of 27 onland rigs.
8There will be 8 different categories of rigs in the 1500 to 2000 HP range
8Find out more on what these categories are going to be
8And what are the estimated costs of these rigs
Click on Details for more Details
Competition is going to be intensive for the rig purchase tender
8A rash of Chinese rigs are expected to be offered.
8But the Make in India caveats places one indigenous manufacturer, BHEL, in the pole position to get a significant chunk of these tenders
8It does not have the expertise to be present in all categories of rigs needed by ONGC but it has been seeking new partners to be able to make up for the deficit
8Given the local content element involved and the fact that it is already a rig supplier means that it will be able to walk away with the bulk of the orders
Click on Reports  for more Details
Ammonia-Urea Revamp Project        
8Cost - Rs 6000 Crore
8Project Event: The erection and installation work is currently ongoing for the ammonia converter in the ammonia unit and production is likely to be started at the end of 2018.
Click here for more information  
Ammonia-Urea & Captive Power Plant Greenfield Project      
8Cost - Rs 10741 Crore
8Project Event: The pre-project activities work contract has been awarded and pre-project work is likely to start at the end of September 2018. The selection process of Technology licensor is ongoing.
Click here for more information
   Details
8Project Name: Onshore Oilfield Development
8Project Cost: Rs 500 crore
8Project Description: The current equipment for the project is going to be Drill Pipes, Casing Pipes, Xmas Trees, Blow Out Preventer, Cementing services and Drilling fluid services. An EIA consultant has already been hired for the project. Further RFQs are expected shortly.
8Project Event: Immediately, RFQ for the hiring of cementing and wire-line services and oilfield chemicals is expected by October 2018.
8Expenditure Approval: Q1/2018
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Feb/2020
8Completion Date: Dec/2022
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8Project Name:  Offshore Oilfield Development
8Project Cost: Rs 1000 crore
8Project Description: Oil and Natural Gas Corporation Limited's RFQs for hiring a jackup rig for 05 well exploratory drilling programme and for similar drilling in a neighbouring block. The requirement for the project will be drill bits, drill pipes, casing pipes, Blow Out Preventer, cementing services, drilling fluid services and other oilfield chemicals.
8Project Event: RFQ for the hiring of a jackup rig is expected by Q1 2019.
8Expenditure Approval: Q2/2016
8RFQ Date: Q1/2019
8Release Date: Q1/2019
8Start Date: Apr/2020
8Completion Date: Dec/2022
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Details
The big ONGC order will put the squeeze on a clutch of onshore rig suppliers in India and it will take them time to recover from the blow.
8A big chunk of their business came from ONGC and that route is now going to go dry
8Thankfully new operators are coming in through the DSF Rounds as also under the new exploration policy.
8What is more, onland E&P activity is witnessing a boom of sorts, and demand for rigs will be coming in from several non-ONGC operators
8This website is the right place to get a mapping of all the future business opportunities that can come by the way of a rig supplier today
All E&P opportunities going ahead are exhaustively mapped in our website and we can provide a 200 page report on upcoming E&P activities in terms of the following parameters
8Name of the block and field
8Number of wells to be drilled, and drill depth
8Rig requirement and specification in the field
8Name of the owner and operator
8Stage and phase of the project, whether capital approval has been approved
8When will are the RFQ dates set in the future
8And dozens of other parameters, including requirements for gathering and casing pipes, gathering and processing stations, well drilling reports
Get in touch with us to know more Details
A big boost to the rig transportation business is in the offing
8The orders for 27 rigs will be additional business
8The winning bidder for the rig tender will have to arrange transportation to the site
8So transportation will have to be arranged, either from the port from BHEL's factories
8Our webstie provides a detailed analysis of rig movements that are likely in the E&P industry.
8Data on when a rig will complete drilling work and move on to another location is extensively tracked in our database
Get in touch with us for more Details
8Project Name: Refinery Greenfield Slurry Resid hydro cracking Unit Project
8Project Cost: Rs 154 crore
8Project Description: The owner and in this case the licensor, indResid, is planning to install a new Slurry Resid hydrocracking Unit
 Major equipment required are: Pumps, Valves, Low-pressure flash drum, Hydrocyclone separator, hydrotreating reactors, Slurry reactors, Hydrocracker reactor, Hot high-pressure separator, Cold low-pressure separator, Recycle gas compressor, Amine scrubber, Column, Analyzer, Feed tank.
8Project Event: RFQ for the DFR consultant is expected by October 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: 2019
8Completion Date: 2021
Click here for more details

8Project Name: Brownfield POL Terminal Expansion Project
8Project Cost: Rs 108 crore
8Major equipment to be required are: Mounded Storage Vessel, Centrifugal Compressor, Flanges, Refrigeration Compressors, Lube oil pump compressors, Water Condensate, Discharge Pump, Lube Oil Charging Pumps, Diesel Pumps, Air Compressors, Filters, Trays, Splitters, Separators, Strippers.
8Project Event: RFQ for the listed equipment is expected by October 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q1:2019
8Completion Date: Q4:2020
Click here for more details

8Contractor required for HAZOP studies- Find out more, including key contact
Click on Details for more 
Details
For reference purposes the website carries here the following tenders:
8Procurement of Valves at Piyala, Kota and Uran Details
8Replacement of CO2 Flooding System for Gas Turbines at Compressor Station Details
8Services for Chemical preparation in dosing tanks for HRSG, Cleaning of Gas Turbine compartments and doing miscellaneous jobs in refinery Details
8Annual Rate Contract for Civil Works related to Implementation of Schemes Details
8Annual Maintenance Contract for Electrical and Minor Mechanical Maintenance works Details
8Inspection services for inspection of under ground , above ground, insulated, internal cement lined, etc pipelines Details
8EOI for supply of Chemicals, Lubes and Grease Details
8Procurement of Industrial Gases Details
8Supply, Testing and Installation of Pipeline Intrusion Detection System Details
8Procurement of Chemicals for GEG and LP Dozing Chemicals for HRSG Details
8Dismantling of Existing Pipe and Fabrication Erection & Commissioning of the HDPE Pipeline Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8India’s crude oil production falls 5pct in July 2018 Details
8Malaysia seeks deepening of trade ties with India Details
8Centre trying to prevent Gujarat state petroleum firm from being declared bankrupt, alleges Congress Details
8Biofuel policy for aviation sector soon, says Nitin Gadkari Details
8IOCL plans to invest Rs 18.23 bn to expand east India's first LPG pipeline Details
8Crude oil prices to hover between $65-70 per barrel in second half of current fiscal: India Ratings Details
8Petrol, diesel prices raised by 13 paise to Rs 77.91 per liter in Delhi Details
8SpiceJet debuts biofuel flight: Will flying change? Details
8India to announce new Bio-ATF policy soon: Oil minister Dharmendra Pradhan Details
8Shell to buy out Total in Hazira LNG terminal Details
8FDI growth up 23 per cent in April-June quarter this fiscal Details
8Total CEO says taking 'prudent' approach to post-2019 oil prices Details
8Chevron sees lower Indonesian oil output in 2018 Details
8Iran says it has full control of Gulf and US navy does not belong there Details
8Suresh Prabhu urges India Inc to identify priority sectors in Kenya Details
8GAIL executing 5,000 Km new pipeline projects at a cost of Rs 25,000 crore: Chairman Details
8GAIL to create independent body for marketing and pipeline business: oil minister Pradhan Details
8Russia's Novak sees Aug oil production at same level as in July Details
8Total chief executive drives an electric car, but only on weekends Details
8Oil prices rise on expectations of tightening market on supply risks Details
8BPCL to expand storage capacity of Cherlapalli LPG bottling plant Details

You can also click on Newsclips for more
Details
8Annually, about 23 million MT Cooking Vegetable Oil is consumed in India. There is potential to recover and use about 3 million MT of this for production of bio-diesel. What steps are needed to make this possible? Click on Report  for more.
8The closure of RIL"s FCC unit and a fire in an FCC unit in Brazil's largest refinery will have a big impact on refinery margins. Click on Report  for more.
8ONGC is rushing through environmental clearance for a 20-inch, 9 km offshore undersea evacuation pipeline for the KG-DWN-98/2 discoveries. Click on Report  for more.
8For nearly two decades spectacular growth in Chinese crude imports has been the key driver behind rising crude tanker demand. But this may no longer be so. Meanwhile, another kind of fear is deterring Chinese buyers of Amercian crude. It takes over a month for a tanker to sail from the US Gulf to China and there is no guarantee that tariffs on crude will not be introduced during the voyage. Click on Report  for more.
8The Rs 258 crore replacement of the 46 year old pipeline between Chennai port and Manali refinery is expected to be completed soon. Meanwhile, CPCL's low cost LNG terminal is expected to be completed in phases from November 2018 onwards. Know more Click on Report  .
8Why is Ageis Logistics' Pipavav terminal suffering from a low utilization rate? What measures need to be taken to push up the utilization rate? Know more about why situation will get worse before it gets better. Click on Report  for more.
8Bitumen consumption recorded a growth of 52.8% during the month of July, 2018 and 20.1% on a cumulative basis for the period April to July 2018 as compared to April to July 2017. But find out why the party will not last as the government switches to cement and concrete. Click on Report  for more. Details
Propped up by anti-dumping duties and domestic value addition caveats, the Indian pipe manufacturing industry is undergoing an unprecedented boom.
8The industry, monopolized by a handful of well-connected manufacturers, have seen realization go up by about 50% for every MT of sale. EBIT on pipes have more than doubled
8Clearly, all of this is at the expense of the domestic oil & gas industry
8But despite all the controls, the Chinese are still trying to compete. So what this means is that the cost curve for pipes for the oil & gas industry has gone up on account of protective measures.
8Ironically, low prices quoted by Chinese manufacturers helped the oil & gas industry to lower costs. The effort was subsidized by the Chinese economy.
8With dumping duties and other restrictions, the Chinese subsidy has now turned into a domestic premium, with the money being transferred from the oil and gas sector to domestic pipeline makers
8All of this has happened without a murmur of protest from any quarters.
8Domestic pipe manufacturers are expected to reap record profits in the current year and 2019-20, the prediction goes.
Click on Reports 
   Details
BHEL may be a lumbering public sector giant but do not underestimate its strength.
8It is the only big manufacturer of drilling rigs in the country.
8So far it has build 90 drilling rigs and has the technology to build rigs which can drill uo to 9000 metres
8Interestingly, ONGC ha put in orders for the refurbishment of old rigs supplied by ONGC and orders for new rigs are on the cards as well
8An ONGC report said that they were happy with the performance of the company's rigs
Click on Reports  for more   Details
India's Cambay basin contains thick deposits of carbonaceous shale.
8These Tertiary shales are fine grained and organic-rich and thus considered a good source for shale gas.
8How good are these prospects?
Click on Reports  for more Details
A Jackup rig contact is expiring in October
8So a new contract will be in the offing
Find out more click on Report .   Details
What would small ship owners do once IMO 2020 regulations on low sulphur fuel oil dig in?
8Will switch to more expensive low sulphur oil?
8Or will they investment in expensive scrubbers?
8Or will they just fold up?
Click on Reports  for more Details
What explains the massive acceleration of naphtha consumption by 60.7% for the month of July, 2018?
8Concomitantly, FO and LSHS consumption registered a drop of 2.5%
8And petcoke consumption registered a growth of 2% in July, 2018
Click on Reports  for more
   Details
The pooled price mechanism and a finetuning of the domestic gas allocation matrix have changed the indigenous v.LNG usage pattern among key gas consumers in India
8These changing demand dynamics are to a very large extent dependent on government policies.
8And these policies are fickle
8There is hope that gas based power stations may get a new lease of life as they switch away from being base load stations, given the massive infusion of renewable power.
8Similarly, it is government-pushed investment in urea units which is creating demand for extra gas for fertilizers
8What if allocation priorities change, as is possible in case of city gas distribution?
Click on Reports  for more Details
Ethylene cash cost is expected to spurt 40-45% on-year, on account of steeper rise in naphtha prices.
8It is now expected that cracker margins will contract in 2018 and range between $570-590 per tonne.
8This is because the increase in ethylene cash cost is expected to outpace the rise in ethylene prices.
8This figure, however, remains above the 5-year average of $400 per tonne.
8Get a projection of tolling margins in key petrochemical products in 2018 and 2019
Click on Reports  for more   Details
Rajiv Sawara, the managing director of the G&T group, has all the resilience and tenacity to not just survive but thrive in the oil and gas industry.
8He started small, by cozying up with his partner who ferried foreign principals working with ONGC on the latter's taxi service out of Delhi's Imperial Hotel, but over time, he graduated from merely representing them to becoming equity partners.
8Sawara, a chartered accountant by profession, tied up with  US-based Oil States International for a JV to manufacture cranes in India.
8It has now been announced that Sawara has signed up another JV, this time with a company which specializes in virtual gas pipelines and offshore maintenance and installation solutions.
8Savara's interest lies not just in the oil & gas sector, he is also an art aficionado, with one of the largest private art collections in New Delhi.
Click on Reports  and Details for more
   Details
Ammonia-Urea Brownfield Project       
8Cost - Rs 6000 Crore
8Project Event: Engineering study has not started yet, TechnipFMC has awarded Topsoe a contract for process license for ammonia and engineering. The equipment and other service purchase are ongoing.
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. Public hearing has been completed but environmental clearance is due and it is likely to be elicited in September 2018.
Click here for more information
Details
Project Name: Greenfield Hydroelectric Project
8Project Cost: 4589 crores
8Project Description: Owner along with contractors has completed 70% of the overall works in an ongoing 600 MW greenfield hydroelectric power project. Further bids are expected soon.
8Project Event: RFQ for support works of transformer hall and powerhouse cavern is expected by the Q4 2018.
8Expenditure Approval: Sep/2010
8RFQ Date: Q4:2018
8Release Date: Q4:2018
8Start Date: Jun/2011
8Completion Date: Mar/2019
Click here for more information
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8Project Name: Greenfield Super Thermal Power Project
8Project Cost: 10250 crores
8Project Description: Promoter has selected subcontractor for implementation of an FGD in a greenfield 660 MW Super Critical Thermal Power Plant. Further bids are expected soon.
8Project Event: RFQ for civil works of piling, foundations, structural and architectural works of the FGD system is expected by the Q4 2018.
8Expenditure Approval: Q4:2012
8RFQ Date: Q4:2018
8Release Date: Q4:2018
8Start Date: Q1:2016
8Completion Date: Q1:2020
Click here for more information
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8Project Name: Greenfield Thermal Power Project
8Project Cost: 8250 crores
8Project Description: Owner's 660 MW greenfield thermal power project is getting delayed due to unavailability of the forest clearance at district forest officer stage. Further RFQs are expected soon.
8Project Event: RFQ for an EPC contractor is expected by the Q1 2019, instead of Q3 2018.
8Expenditure Approval: Q2:2019
8RFQ Date: Q1:2019
8Release Date: Q1:2019
8Start Date: 2020
8Completion Date: 2024
Click here for more information
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Bharat Petroleum Corporation Limited along with PMC contractor Engineers India Limited has hired Petrofac as an LSTK contractor with a contract value of Rs 912 crore to construct a new Motor spirit block (MS) and expand the capacity of the existing continuous catalytic reformer of the refining unit at Kochi refinery to meet India's BS-VI automotive fuel quality.
8What is the progress so far?
8Contracting is still on, and what kind of RFQs are expected to come out within the next few months
Click here for more details
   Details
BPCL alogn with PMC contractor EIL hired Air Liquide Global E&C Solutions to carry out engineering activities to install a Propylene Derivatives Petrochemical complex.
8Tuaman Engineering Limited has got the contract for the civil and structural work
8Some RFQs are still left to awarded
8Know more about them
Click here for more details
8Switchyard equipment required in a major refinery: RFQs are ahead
The owner is planning to procure 132 KV switchyard electrical equipment. The major equipment required are SF6 circuit breakers, Isolator, Battery banks, ACSR conductors, Eathing system, Transformer and transmission wire. RFQ for the listed equipment is expected by Q1, 2019.
Click on Details for more
Details
8Project Name: Onshore Oilfield Development
8Project Cost: Rs 600 crore
8Project Event: RFQ for the hiring of rig services is expected by November 2018
RFQ for an EPC contractor for QPF and pipeline are expected by Q1 2019.
8Expenditure Approval: Q4/2017
8RFQ Date: Nov/2018
8Release Date: Q1/2019
8Start Date: Oct/2019
8Completion Date: Dec/2021
Click here for more details
Details
8Project Name:  Dredging & Spoil Disposal Project
8Project Cost: Rs 150 crore
8Project Description: Oil and Natural Gas Corporation Limited will issue an internal tender for rig mobilization services for NTP-1 (Offshore) wellhead platform in Tapti River. The EPC contractor for the dredging services has been finalised and the LOA is expected to be awarded soon.
8Project Event: RFQs for Rig Mobilization services (Rig-down, Relocation & Rig-up) is expected by November 2018
8Expenditure Approval: Q4/2017
8RFQ Date: Nov/2018
8Release Date: Dec/2018
8Start Date: May/2019
8Completion Date: May/2020
Click here for more details
Details
Oilex had sued GSPC on account of non-payment over $3 million outstanding cash calls
8But the court has ordered that it cannot attempt to take over GSPC's stake as a consequence
8That leaves Oilex with no option but to go knocking on the doors of the higher judiciary
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Supply of License, Basic Engineering Design Package and other related services for Kerosene Hydrotreater at refinery Details
8Instrumentation works for Biodiesel Facilities Details
8Route Survey and Allied Works for City Gas Distribution Projects Details
8Supply of Forged Valves Details
8Supply of CS Flanges Details
8Hiring Services of Reputed and Accredited EIA Consultant/ Organizations for obtaining the requisite statutory clearances for Export Gas pipeline of KG-DWN-98/2 Details
8Providing Intelligence and Ancillary Activities in Pipeline RoW Details
8Annual Rate Contract for one line sealing of steam Hydrogen and other leaks at refinery Details
8Supply of Ball Valves for LCNG Services Details
8Procurement of Pressure Gauges Details
8Calibration of different type of Gas Detectors installed in different units of refinery Details
8ARC for supply, erection and dismantling of scaffolding jobs at PX-PTA units Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Gas pipelines at Surat airport: ONGC told to find solution Details
8US Sanction on Iran: How it will impact Indian Oil Imports Details
8Risks and rewards of investing in India’s logistics sector Details
8Sushma Swaraj arrives in Vietnam to deepen bilateral strategic cooperation Details
8Kolkata, Bhopal top among Indian cities in clean transport: CSE survey Details
8Gutter gas fueled tea boosts chaiwala's livelihood Details
8Iran's tanker fleet gives it crude oil export lifeline as sanctions loom Details
8Iran awaiting European guarantees on crude oil sales, banking: Zarif Details
8UK's Petrofac sells North Sea assets to Ithaca Energy for $292 million Details
8Gas pipelines at Surat airport: State govt asks ONGC to find solution Details
8Over 70,000 LPG connections provided under Ujjwala Yojna in Himachal: CM Details
8GAIL to launch portal allowing outsiders to hire its gas pipelines Details
8India's first biofuel plane could fly on Monday from Dehradun to Delhi Details
8GAIL to launch portal for outsiders to hire its Gas Pipelines Details
8Oil stable as U.S./Sino trade row weighs, Iran sanctions cut supply outlook Details
8Investor optimism on global oil prices wanes Details
8Iran to open lawsuit against US sanctions at ICJ Details
8Oil stable as US-Sino trade row weighs Details
8Petrol and diesel prices are already high, futures trading in them will only be speculative in nature Details
8India’s widening trade gap raises concern Details
8Jaitley cites IMF report to highlight economic growth under Modi Govt Details
8Government looks to meet 75% of FY19 selloff target by December Details
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Details
Daily reportage of E&P activity is now in the officing.
8A very detailed format will now be filled up by the operator and filed on a daily basis 
8The government feels this will lead to significant data transparency 
8It remains a moot point however whether such data will be shared publicly 
Click on Reports  for more Details
What explains the low crude and gas output
8Declining fields, high water cuts and closure of wells
8None of this going to recover any time soon, as they are long issues
8The challenge is to allow for new output to come in to arrest declining production from aeging fields
8Except for gas, the outlook for crude is less than bright
Click on Reports  to know more where production faltered last month Details
A spate of FRSUs are coming up in and around India
8The one in India is scheduled for operation for Q4, 2018
8In Bangladesh, the first FRSU is in place and they are contemplating more
8More are coming up in Pakistan, Thailand and Myanmar
8Also know more on country-wise LNG demand forecast right up to 2040
8Among new trends: Small-scale and LNG-as-marine-fuel expected to become major new sources of demand, particularly with IMO2020 regulations
Click on Reports  for more Details
Petroleum storage facilities built at Indian ports allow for long term monopolies to develope
8The case at point is the naphtha storage facilites at Uran and Hazira, where ONGC is forced to pay a continuous amount of rent as there are no other competing facilities.
8Once built, they provide a lifetime of return
8For a new comer, the attendant networks, from railway lines to pipelines are impossible to built
8Should there be third party access built into these storage capacities therefore?
Click on Details for more Details
Project Name: Greenfield Super Thermal Power Project
8Project Cost: 14259 crores
8Project Description: The BTG contractor is undertaking piling works in the boiler area for greenfield 1320 super-critical thermal power plant. Moreover, the package contractor is going on with the bidding process for civil works. Further bids are expected soon.
8Project Event: RFQ for the boiler pressure part equipment is expected by September 2018.
RFQ for erection and commissioning of boiler auxiliaries is expected by the Q4 2018.
RFQ for the township package and office buildings is expected by the Q4 2018.
8Expenditure Approval: Mar/2017
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: Jul/2018
8Completion Date: 2023
Click here for more information
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8Project Name: Hydroelectric Power Plant: Maintenance Contractor Project
8Project Cost: 2 crores
8Project Description: Promoter is planning to come out with a job contract of electrical maintenance in a 1000 MW hydropower station. A Notice Inviting Tender is getting prepared. The maintenance contract will be for a tenure of two years. Further bids are expected soon.
8Project Event: RFQ for an electrical maintenance job contract is expected by September 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: 2019
8Completion Date: 2021
Click here for more information
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8Procurement of PLC spares is coming in a 600 MW thermal power station: Find out the project owner
Click on details
Details
8Project Name: Oil Field Development
8Project Cost: Rs 200 crore
8Project Event: RFQs for hiring an EIA Consultant for the project is expected by Q2 2019.
RFQs for hiring integrated drilling services is expected by Q3 2019
8Expenditure Approval: Q2/2018
8RFQ Date: Q2/2019
8Release Date: Q2/2019
8Start Date: Jul/2020
8Completion Date: Jul/2023
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8Project Name: Offshore Drilling
8Project Cost: Rs 600 crore
8Project Description: The owner is planning an offshore exploratory drilling of 6 wells. The approved PML area is around 100 sq km having an established reserve base of about 1.5 MMt. An Ultra shallow jack up rig is proposed to be deployed to undertake drilling in the block. The project is expected to executed along with the another 6 well exploratory project which has to be executed in the same block. The requirements for the project will be drilling rig, cementing services, offshore vessel services and drilling fluid services.
8Project Event: RFQ for hiring an Ultra shallow jack up rig is expected by Q1 2019
8Expenditure Approval: Q4/2018
8RFQ Date: Q1/2019
8Release Date: Q1/2019
8Start Date: Q1/2020
8Completion Date: Q4/2022
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Note: if you have a password to our petroleum site, you can access the link above and go to our project monitoring software. You have to login, then come back to the main news page here, and then click again on the link. Use the back link on your address bar to come back to this site
   Details
8Project Name: Refinery BS-VI Greenfield Project
8Project Cost: Rs 513 crore
8Project Description: The owner has hired an EPCM and a licensor to carry out the construction of an IndselectG unit with a capacity of 80 KTPA to reduce sulphur from indmax light gasoline and coker gasoline for making MS components to meet BS-VI MS pool specification at Guwahati refinery.
Major short to medium lead equipment requirements coming up are: flanges, valves, strippers, reformer tubes, foot valves, auto recirculation valve, amine cartridge filters, torque wrenches, level switches, thermocouples, thermowells, antifriction bearing, spray nozzle, columns, heat tracing system, tube inserts, bolt tensioners, filters, desalters, scrubbers, strippers, separators, reactors.
8Project Event: RFQ for the erection and installation work is expected by October 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q4:2017
8Completion Date: Q4:2019
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8Short term contract coming up- Find out the project owner
8The owner is planning to float a bid for an annual maintenance of electrical work for LPG bottling plant, township and compressor station with a tenure of two years. Notice inviting bid is getting prepared bids are expected to come out soon.
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Details
A refusal of bidders in a recent ONGC tender to extend their bid validity periods due to delay in the processing of tenders seem to indicate that pressure is on the E&P company to finalize their processing within stipulated time
8Sources said that orders have gone up to all work centres to expedite processing or face scrutiny
8When prices were falling, delaying processing of tenders worked in favour of ONGC but when prices are on a rising curve, the shoe goes on to the other foot
8Find out what prompted ONGC to issue such instructions
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There are many curious onlookers to the Discovered Small Fields Round-2
8Many have no or little experience in assessing a prospect.
8A few of them are on the lookout for consultants to tell them whether they are worth investing in
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8Project Name:Greenfield Ethylene Recovery Unit Project
8Project Cost: Rs 4000 crore
8Project Description: The owner has got an EPCM and a licensor to carrying out engineering activities to construct an Ethylene Recovery Unit.Further RFQs are expected soon.
8Project Event: RFQ for the equipment erection work is expected in end October 2018.
RFQ for the FEED work is expected by November 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q3:2017
8Completion Date: Q3:2020
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Details
For reference purposes the website carries here the following tenders:
8EOI from leading performance appraisal consulting firms focussing on E&P companies in order to benchmark performance and operating cost of Neelam field Details
8Hiring of services for upkeepment of coating material store and handling of materials Details
8Root Cause Analysis for High Vibration in Rear Journal Bearing of RGC Turbine at refinery Details
8Supply of Pressure and Vacuum relief valves at refinery Details
8Supply of miscellaneous Electrical Items at refinery Details
8Carrying out Condition monitoring/ Diagnostic testing of HT motors Details
8Detailed Engineering Consultancy Services for replacement of existing single flow configuration Main Combustion Chamber at refinery Details
8Providing various Public Relation services for LPG Import Terminal Details
8Supply of Self Actuated PCV at refinery Details
8Supply of Valves for ES modification jobs Details
8Supply of Bonnet Less Inclined Globe Valves Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8L&T board approves share buyback proposal, shares gain 2 per cent Details
8Reliance Industries' market cap hits Rs 8 trillion-mark, shares up 1.5% Details
8Moody's puts India GDP growth in 2018, 2019 at 7.5 per cent Details
8Kerala floods: No impact on output at BPCL's Kochi refinery Details
8ANALYSIS: In the race to bag Iran's European oil market share, quality is king Details
8Equinor bulks up Singapore crude oil trading team with new hires Details
8Govt imposes standard environment clearance conditions for 25 sectors Details
8Indians lose over 1.5 years of their lives to air pollution: Study Details
8Fire breaks out at Essar Oil UK's Stanlow refinery Details
8In poll-bound Chhattisgarh, women stick to chulhas despite LPG scheme Details
8Mahanagar Gas Ltd leads losers in 'A' group Details
8BG Asia Pacific Holdings sells 14% stake in Mahanagar Gas Details
8Surge in Indian buying sends West African oil flows to Asia to record in August Details
8Why Indian government exports petrol at half the price we pay Details
8India’s petrochemical demand to grow at 8-9% through 2023: CRISIL Details
8India oil import costs set to rise as Iran US sanctions kick in Details
8Raniganj CBM block: ONGC to hire integrated service provider to cut costs Details
8Falling rupee translates to rising stock for key sectors Details
8Commodity outlook by Tradebulls Securities: Buy lead, sell natural gas Details
8India to clock 7.7% growth in April-June quarter: Moody’s Details
You can also click on Newsclips for more
Details
Now that sanctions are looming ahead, plans to bring in CNG in specially made vessels to India from Iran seems to have fizzled out.
8The project promoters are planning to walk out "without cause, by written notice". This means that they will end up burning their boats permanently with Tehran.
8What options do they have now? Reports are that they are working with other nearby countries
8Meanwhile the West Coast buyer in India is still keen to do a deal, it seems
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Dharmendra Pradhan can always proffer an argument that his job was to deliver the cylinder to the poor household, which he did, and it is up to North and South Block to ensure that the household had enough income to refill the cylinder.
8But there is a lot of finetuning in the scheme which he can still do.
8Last mile delivery issues, including a faulty ordering system, are a big problem and given the infrastructure and clout available with oil companies this gap can be plugged on an immediate basis before the 2019 elections.
8Execution is Pradhan's forte, and the last mile issues are just execution snags. They are solvable but he needs to move quickly on them.
8The minister also needs to sharpen his presentations to both the finance minister and the Prime Minister on the finetuning needed, to push the refill rate up.
8He needs to put his numbers together in a different sort of way before his leadership than he has done so far.
8Also, he needs more independent feedback loops and measurement matrices than are being provided to him by oil marketing companies.
Click on Reports  to know more on what Pradhan can do more.   Details
8Battery storage has now become a serious business in India. GW strength battery manufacturing facilities are being set up. Click on Report  for more.
8Innovations in power-sector technology, such as battery storage, grid automation and smartphone-linked energy saving and control devices, are advancing at a pace that has surprised developers and adopters alike. Know more click on Report .
8Renewable energy boost from corporate PPAs: How does it work? Click on Report  for more.
8This has been another overall quiet week on the newbuilding front, with few orders coming to light in the past days, keeping activity in check for a third week in a row. Click on Report  for more.
8Oil India is riding high but not because of its own doing. Know more click on Report .
8The new IMO regulations have unleashed all kinds of forces in the market. A shipping company has decided to make its own bunker fuel. Click on Report  for more. Details
What should India do about Iran?
8It is cutting down its exposure by whittling down its crude purchases, China is not.
8CNPC stepped in when Total withdrew from the $5 billion South Pars field
8Should OVL then stick around and cut a deal for the Farzad B field now that the Europeans have fled?
8The problem, however, is less with India and more with Iran.
8Even though India went to great lengths to help out Iran when it was under sanctions, the reciprocity was absent when they were lifted.
8But then India has been pusillanimous too.
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Is the oil & gas oilfield equipment and services industry in for a bull run?
8Projections for both 2018 and 2019 show an increase in investment but not by a large number
8The good news that has freshly come in is that project FIDs are expected to almost triple from 2017 to 2019
8Eventually this will translate into fatter orders
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Latest research seems to indicate two distinct trends
8The huge emerging gap in demand and supply of crude oil and LNG
8Both needing big investments
8One study puts the demand-supply gap emerging in 2020 for LNG, when gas prices are going to tighten.
8This is going to come as good news for the KG Basin promoters because that is around the time that their output will hit the market.
8The gap in crude demand and supply will need big investments too
8Also know more about the breakeven E&P cost curves, they have changed too in a dynamic fashion
Click on Reports  for more   Details
Offshore wind power is expected go grow roots in India
8As big global companies come in to develop wind assets offshore, they will need contractors to execute them
8For Indian EPC players looking beyond the immediate horizon, this is the time to do some good planning.
8Ideally, talks should be initiated with global offshore wind EPC players. The advantage is that there are some oil & gas EPC players who are stepping in into this segment
8Here is an example of one such corporation that a local company should try and tie up with
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The travails of the tiles industry are of interest to gas suppliers because they are buyers of LNG in what is an increasingly competitive environment.
8The implementation of the GST has had a huge adverse impact
8The increase in gas price has hit margins too
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Ammonia-Urea Energy Saving Project      
8Cost - Rs 262 Crore
8Project Event: A Rupee term loan of Rs. 1044 Cr sanctioned for the Energy Saving Project by SBI at the most competitive rates. The project has signed up all the agreements for the long lead item with Siemens and purchase for other equipment and services is curently ongoing.
 Click here for more information  
 Urea Revamp Project     
8Cost - Rs 137 Crore
8Project Description: A Fertilizer Company is planning to enhance the capacity of its urea unit from 1000 MTPD to 1290 MTPD at its existing fertilizer complex in India. Casale carried out a feasibility study to determine the interventions required to attain the requested plant improvements and based on that it was awarded the license and basic engineering services for the plant revamping. Projects & Development India Limited has been engaged by Owner as Consultant for this Project.
8Project Event: The equipment and other services purchase are ongoing and NIT for Composite Contract for Mechanical Insulation Electrical and Instrumentation Work has been released and bid closing date is 31 August 2018.
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Details
For reference purposes the website carries here the following tenders:
8Balance Tankage Works for MDPL Capacity Expansion and Pipeline Project Details
8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Bakania RIL Details
8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Indore New IRD Details
8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Wadala Terminal Details
8Procurement of Break Away Couplings and NGV Receptacles for CNG Dispensers Details
8Corrigendum: Expression of Interest for Cross Linked Acrylic Monomer Polymerization Plant Details
8Procurement of Level Transmitters and Level Switches Details
8Supply of Globe Valve for LNG Services Details
8Annual Rate Contract for Hot Tapping at refinery Details
8Providing In-House Services for fabrication of Non-HIC Pressure Vessels Details
8Procurement of Di-Methyl Ether in refinery Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8GE Power bags Rs 220-cr order for HPCL's Vizag refinery Details
8India tells state oil firm ONGC to list overseas unit Details
8Alinz, Petrocard tie up to make portable petrol pumps in India Details
8Czech portable petrol pump technology introduced in India Details
8India seeks re-negotiation of TAPI pipeline gas price Details
8Invest kerosene subsidy savings in solar lighting: Study Details
8Indian Oil Corporation to invest over Rs 37,000 crore in Tamil Nadu Details
8PetroVietnam mulls raising funds via international bonds Details
8Sinopec, Zhejiang group to build LNG terminal, first phase set for end-2021 Details
8Nepal forms panel to discuss energy cooperation with China Details
8Ban on petcoke import beneficial for city gas distributers: ICRA Details
8Assam: Oil tanker workers to go on indefinite stir against syndicate Details
8Government imposes restrictions on import of bio-fuels Details
8BRIEF: Mercuria hires managing director from Macquarie's natgas group Details
8U.S. oil extends gains after crude inventories fall Details
8Saudi Arabia calls off Aramco listing: Sources Details
You can also click on Newsclips for more
Details
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