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Aug 2020

8The Mozambique LNG project in which the Indian trio of ONGC, OIL and BPCL are heavily invested has had its supply lines cut off. This is going to delay the project even as cost goes up. (See Details)
8Thousands of seafarers, many of them Indian, are still stuck at sea.(See Details)   
8LPG cylinder manufacturers have been accused of cartelization but authorities go soft. Click on Reports for more
8HOEC says it has enough funds after court freezes accounts. Click on Reports for more Details
Sulphuric Acid Expansion Project
8Cost - Rs 100 crore
8Project Event: The company had signed Furnace Fabrica as an EPC contractor, all the equipment has reached the site. 80% of construction work has been completed. The commissioning is likely to be done at the end of October 2020 in place of September 2020. Due to COVID-19, construction work was shut for a couple of months. Details
8The US has put together a gas lobbying group that will cover India aggressively.
8This will be done through proactive interactions.
 Click on Reports for more Details
8The latest data shows an LNG cargo is being diverted to Kochi by PLL
8Two cargoes are lined up for Mundra
Click on Reports for more Details
8More than 100 mmscmd of gas demand can be generated in India
8And this can be done rather easily
Click on Reports for more Details
8Existing city gas distribution companies are finding it difficult to push the envelope beyond a point
8And it may not be just because their marketing exclusivities are ending
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Procurement of Density Meter Skid (Liquid) for BPPL Project Details
8Services for implementation of “SAP S/4 HANA Solution” Details
8Civil works at drill site in GLK area Details
8De-sludging/ Dechoking/ Cleaning of sewer network and sludge sumps using Hydraulic operated high pressure suction cum jetting sewer cleaning machines at refinery Details
8ARC for FRP lining jobs in refinery Details
8Providing service for general pest control treatment including rodent control treatment Details
8Insulation and refractory jobs during emergency shutdown of different units at refinery Details
8Annual Rate Contract for CBPL Mainline ROW maintenance works under SRPL Manali Mainline Jurisdiction Details
8Supply and Installation Fall Arrester System at Bulk loading area of PTA Terminal Details
8Major inspection MI along with AGB and LGB overhauling job and Torque converter replacement job of Frame-III Gas turbine on stand alone basis at refinery Details
8Polysulphide Based Corrosion protection coating in cold area of NCU Details
8Re-opening of PQC for Hiring of Simplified Landing String services for KG-DWN-98/2, Cluster-II wells Details
8ARC for Internal movement of Petcoke and other solids like Sulphur and Petcoke loading in open wagons Details
8ARC for Manpower Supply for Operation & Maintenance of Fire Protection System & Appliances Details
8Hiring services for acquisition of 150 LKM 2D and 150 SQKM 3D seismic data Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Saudi Arabia announces discovery of new oil, gas fields Details
8GAIL India looks at petrochemicals, renewables for growth Details
8IOC's LPG carriers' strike on for 4th day; 6 lakh customers hit in NE states Details
8Petrol price crosses Rs 82 per litre in Delhi Details
8Cairn's Mangala oilfield in Rajasthan completes 11 yrs of production Details
8Indian naval ship INS Nireekshak assisting in salvage operations in Mauritius Details
8Petrol price goes up again, diesel on hold Details
8Exxon restores stable power at Beaumont, Texas, refinery; preps restart -sources Details
8Petrol nears Rs 90 in Mumbai, crosses mark in 2 districts Details
8Hurricane-related shut-ins curb 82% of oil, 59% of gas output in U.S. Gulf of Mexico Details
8US regulator backs Energy Transfer in Chesapeake pipeline dispute -court filing Details
8Gas flows to US LNG export plants rise after storm, still near zero at Louisiana plants Details
8US drilling rig count steady, posts first monthly increase since Dec: Baker Hughes Details
8US checks storm impact at oil reserve, aims to deliver crude over weekend Details
8Hellenic Petroleum Q2 core profit falls as COVID-19 hits margins, demand Details
8Slovenian fuel retailer Petrol H1 net profit halved Details
8Asia LNG price hovers above $4/mmBtu as hurricane disrupts US exports Details
You can also click on Newsclips for more   Details
Ammonia-Urea Greenfield Project
8Cost - Rs 5500 crore
8Project Event: The project is in initial stage, The feasibility study/DPR is ongoing, The company said that firstly they would do the Phos acid expansion project, but the hiring of contractor for the Ammonia-Urea project is likely to completed within 2021. RFQ for the PMC is likely to be release in November 2020 in place of September 2020 due to the impact of COVID-19.
Click on Details for more Details
Did HPCL-EIL do enough to salvage the bids that came in for the Barmer refinery units?
8The tenders for the MS block, the PP unit as well as the SRU unit were cancelled and they are likely to be re-tendered.
8The website has pieced together a background note that goes to show that HPCL-EIL could have done much more than it did. And some of what is going on is rather strange.
Click on Details for more. Details
Auto LPG is 50% cheaper than petrol at this moment
8The lockdown had hit the segment badly
We did a survey of the industry last week to check what the status is as of now Details
8A group firm has run away with the contract for this LNG project coming up in India
Find out more Details
It is a pipeline project.
8Cost: Rs 1800 crore.
8The mainline pipe contract has been awarded to three companies.
8Laying contract has been awarded as well.
8There are more RFQs coming up.
 Click here for more details Details
Total offshore wind CapEx, from 2020 to 2034, will exceed $437 billion, spread proportionally, with under-development projects representing $142 billion, planned projects comprising
$138 billion, and possible projects totaling $153 billion. Bottom-fixed wind projects represent an 80% share, and floating work accounts for 20%.
8Floating wind is a young industry with 15 units currently online, representing nine projects and a decade of work.
8This is a global space that some large local contractors should invest some time understanding. You never know when opportunity comes knocking
8There is interesting data that shows how offshore wind is cheaper than natural gas. And India is seen playing a growing role.
Click on Details for more Details
8Get an outlook on global LPG demand and supply
8Also, what is the outlook for LPG carriers?
Click on Reports for more Details
8The India Gas Exchange is saying it is doing its best to keep the exchange going
Find out more, click on Reports Details
8For IGL, volumes gas volumes were down 57% in the quarter ended June.
8But faces limited threat from new players
Click on Reports for more Details
A requirement will be coming up for 2000/3000 HP drilling rigs
8There will be a mobile rig requirement too
8And it will be an integrated multi-block package that will be handled through a PMC
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Annual Maintenance Contract for Operation and Maintenance of electrical system Details
8Supply of Mass Flow Meters Details
8Supply of three numbers of point type infrared hydrocarbon gas detector Details
8Centralized Vehicle Data Capturing for Calculation and Display of Dwelling Time Details
8Supply of Control Valve parts at refinery Details
8Supply of Dew point Transmitter for Instrument Air Drier at Water Block at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Petrol price up 9-10 paisa, reaches Rs 88.48/litre in Mumbai Details
8Indian state refiners halt oil imports from Chinese companies Details
8Gujarat HC freezes assets of Hindustan Oil Exploration Company Details
8IOC says to expand Barauni refinery as part of Rs 2.05 lakh crore projects under implementation Details
8LPG transporters of IOC in NE go on indefinite strike Details
8Karnataka: Petroleum dealers raise red flags over sale of 'bio-diesel', seek curbs Details
88.9 lakh to benefit from LPG bottling plant to open soon in Madurai Details
8Petrol prices rose by Rs 1.3/litre in past 10 days; diesel by Rs 10.5/litre in 3 months Details
8India's natural gas production dropped 10 per cent in July Details
8British Gas paid 1.73 mln pounds for mishandled payment changes Details
8Philippine energy chief says 4 LNG projects still on track despite virus delays Details
8Crude oil or cooking oil? For some U.S. refiners, it's now a choice Details
8PetroChina posts $4.4 billion H1 loss, pledges near-zero emissions by 2050 Details
8Golar Power says 'very interested' in LNG terminal in Brazil's Bahia state: CEO Details
8Cross-border petroleum pipeline helps Nepal save freight charges Details
You can also click on Newsclips for more   Details
This Indian group had tried earlier to set up a 5 MMTPA LNG terminal.
8But after it abandoned the idea and left some bills unpaid for groundwork done, it is reviving the idea.
8Albeit under another name.
8And this time around, it claims to be very serious about it through contractors are still wary.
Find out more.  Details
Daily LNG cargo updates are available for;
8Mundra
8Kochi
8Dahej
8Hazira
Click on Reports for more Details
There is a 5 MMTA FSRU in Mumbai under PPP mode
8And it is not as if there is no progress there though people are rightfully sceptical. 
8A PMC RFQ may well be ahead
Click here for more details for some inside information on progress made Details
SSP-Sulphuric Acid & NPK Fertilizer Expansion Project
8Cost - Rs 75 crore
8Project Event: State approval is awaited, which is likely to be elicited in September 2020. The environmental clearance has been elicited in September 2019. RFQ for the LSTK contractor is likely to be released in October 2020.
Click here for more details (Available via www.indianfertilizer.com) Details
Ammonia Greenfield Project 
8Cost - Rs 2773 crore
8Project Event: The RFQs for enginering consultant and contractor will begin sometime in Q-1. Currently a team is processing an application for environment clearance. Details
8The attempt to bring in retired chief executives of public sector companies as MD of Petronet LNG Ltd did not come to frution.
Click on Details for more. Details
8The LNG component has gone up in power sector gas consumption prodded by lower prices
Find out more Details
8IOC's Ennore LNG terminal seems to be far less busy than it other counterparts, including the slow moving Mundra and Kochi terminals.
8Find out more
Click on Reports Details
When a virus attacks a deepwater drilling rig, what are the options available?
8Transocean's Dhirubhai Deepwater KG1 drilling ship is on hire with RIL-BP's west coast developments at a daily rate of  $127,000, for example. It is extremely expensive when a deepwater rig is not working.
8And viruses have been found in more than one such deepwater rig working on the east coast.
 Click on Details for more. Details
8Open access is a big worry for existing CGD operators whose exclusivity has ended
8But there are no clear answers to what is in store.
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Provision of Facility Maintenance Services at various AGI locations across Rajasthan & Gujarat Details
8Installation of Solar Plant of capacity 500 KWp at VVSPL IPS3 station Details
8Transportation of Packed Lube Oils by road through trucks ex HPCL Chennai Lube Locations Details
8Supply of Motors to Panipat Naptha Cracker Details
8Electrical Jobs for Commissioning of Reduction of VOC Scheme at refinery Details
8Annual Maintenance Contract of Mechanical Maintenance Works of Plant Facilities Equipments for three years at Indane LPG Bottling Plant Details
8Annual Maintenance Contract of Air Compressors and Air Dryers Details
8Supply of Butterfly Control Valves Details
8Carrying out AC and DC Interference survey including software modelling in PHPL Details
8Supply of Pipe and Fittings Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Oil & Gas projects worth Rs 5.88 lakh crore resumed since 20 April Details
8Rs 1.2 lakh crore to be spent on oil, gas projects in FY21: Government Details
8India's natural gas demand rebounds, reaches near pre-Covid level Details
8Refinery throughput continues to rise in July Details
8Petrol price unchanged after six days of increase Details
8Former IOC Chairman Sanjiv Singh joins Reliance as Group President Details
8Trade unions urge Petroleum Minister to reconsider BPCL privatisation move Details
8Domestic crude oil production decline 5% in July on output contraction Details
8BPCL resumes work on projects worth Rs 50,300 crore Details
8Petrol prices rose by Rs 1.3/litre in past 10 days; diesel by Rs 10.5/litre in 3 months Details
8OPINION: Juba licensing round set for 2021 Details
8Long-term threat to Mauritius ecology after spill: Japan experts Details
8Brent rises on U.S. output cuts ahead of biggest storm threat in 15 years Details
8Biden says supports ethanol, hits Trump on handling of U.S. biofuel laws Details
8Colombia's private oil companies say ready to invest $715 mln in recovery Details
8Indonesia aims to finish research on 40 per cent-palm-based biodiesel in Nov Details
8China's private refiners hire new executives for Singapore desks Details
You can also click on Newsclips for more   Details
8What is the latest update on the PP, SRU and MS block re-tender for the Barmer refinery project?
Click on Details for more Details
8What is the latest status on the Gujarat refinery?
8When is the green signal likely? Details
8Cost - Rs 217 crore
 8Project Event: All the erection and installation work has been completed, The project was to have been commisisoned in May 2020, but dut to COVID-19, commissioning was delayed . Commissioning is next month, pre-commissioning is ongoing.
 Click here for more details
SSP Expansion Project 
 8Cost - Rs 15 crore
 8Project Event: The project is still waiting for the approval of state and central government, project authorities said that, RFQ for the contractor is likely to be released in September in place of August 2020 due to COVID-19
 Click here for more details
(Available through www.indianfertilizer.com) Details
The lockdown has meant a delay in ONGC's vessel hiring exercise.
8While the first tender for 10 vessels was delayed on account of various reasons, including challenges by bidders before Independent External Monitors, a second 10-vessel tender had come out.
8But some vessels have now been dropped from the list of 20 that the E&P major wants to hire.
8Get the latest update on what is happening on this count. Details
What exactly is the problem with ONGC's first well, U-3B, in its flagship $5 billion KG-DWN-98/2 block?
8The well is designed to produce gas at the rate of 0.7 mmscmd but is currently running at less than half that capacity.
8Officially, it has been acknowledged not to be producing "as per profile".
8The website has put together an analysis of what is going wrong.
Find out more Details
Petroleum minister Dharmendra Pradhan sees a lot of scope for improvement in the crude and petroleum logistics in the country
8Find out what action he is taking on this count
Click on Details for more Details
8ONGC has uncovered a fraud in experience documentation submitted by a bidder who won four company contracts.
8This has sparked off an all round effort to plug the gap.
Click on Reports Details
ONGC has placed an LOA for the North Kadi Polymer Flooding project in Mehsana on August 14.
8The L-1 bid price was 20% below the reserve price
Find out more Details
For reference purposes the website carries here the following tenders:
8Procurement of pipes for hydrogen bullet sprinkler system at refinery Details
8Supply of motors at refinery Details
8Supply of SOVs at refinery Details
8Supply of Gas Detection Systems Details
8Cementing Services (Part A: for Drilling Operations) on Call out basis for Onshore Blocks Details
8Cementing Services (Part A: for Plug & Abandonment/ Workover Operations) on Call out basis for Onshore Blocks Details
8ARC for Horticulture Maintenance Services Details
8Purchase of Pig Launcher/ Receiver Details
8ARC for Hydrotesting and Refilling & Painting of Co2 Cylinders Details
8Procurement of 90 KW Induction Motors Details
8Procurement of Causticised Lignite for Ahmedabad Asset Details
8Hiring Services of Transportation, Treatment and Disposal of Effluent for Padra GGS Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8State-run oil companies have spent just a fifth of annual capital expenditure target Details
8ONGC board to consider proposal to raise Rs 45,000 cr next week Details
8Petrol price rise for 6th consecutive day, crude also up Details
8Saudi Aramco may pull out of India refinery project to clinch RIL deal Details
8Petrol price hiked again, Diesel rates remain constant Details
8Gadkari calls for modernising public transport, increasing use of biofuels Details
8Oil & Gas projects worth Rs 5.88 lakh crore resumed since 20 April Details
8Brent rises on U.S. output cuts ahead of biggest storm threat in 15 years Details
8Rs 1.2 lakh crore to be spent on oil, gas projects in FY21: Government Details
8India's natural gas demand rebounds, reaches near pre-Covid level Details
8Biden says supports ethanol, hits Trump on handling of U.S. biofuel laws Details
8Gas and nuclear industries fight to the end for 'green' EU investment label Details
8Covid sparks oil industry's shift towards lower growth, consolidation: Moody's Details
8Saudi Arabia slips to 3rd-biggest in China crude supply for July Details
8Middle East Crude-Benchmarks steady; Gazprom Neft offers ESPO Details
You can also click on Newsclips for more   Details
The global rig market is in trouble
8Forward rig contract coverage is at a historical low
8There is a marketed over supply over and above the non-marketed oversupply
Click on Details for more Details
Oil & gas production in July is not just below target for the month but is also well below what it was last July
8And  various reasons are attributed for it
8Refinery output is down too
Click on Reports for more Details
There is now an official admission that ONGC's first well in KG-DWN-98/2 is "not producing as per profile".
8Is this a cause for worry as ONGC readies more wells for production?
Click on Details for more Details
Pandemic aside, there are reasons to stay invested in the oil & gas sector
8Total invested tallied so far is a massive Rs 5.88 lakh crore
Click on Reports for more   Details
At the current level of efforts, India can meet only  5.6% ethanol blending using the 2G ethanol route and only 1.0% diesel blending through biodiesel route.
8And that is way below target
8The potential from different sources is huge
8Get a full update here, and opportunities are available for all types of entrepreneurs, big or small
 Click on Reports for more Details
8Not one but two LNG cargoes are lined up for Mundra
8And the one in Kochi is still lying in wait
Click on Reports for more Details
This is a 2G ethanol project
8The PMC is already selected
8Licensor RFQ is expected in Q-1, 2021
 Click here for more details Details
Sulphate of Potash-Bromine and Captive Power Unit Expansion Project
8Cost - Rs 500 crore
8Project Event: The project is still on hold due to COVID-19, but the internal project team has been made. RFQ for the LSTK contractor is likely to be released in October in place of August 2020. Details
Single Super Phosphate Greenfield Project  
8Cost - Rs 10 crore
8Project Event: The project is still waiting environmental clearance, and it is likely to be granted in September 2020.A new committee has been formed for the project and a tender for a contractor is likely to be released in October 2020 in place of September 2020 due to COVID-19.
Click here for more details (Available through www.indianfertilizer.com)
   Details
GSPC has diverted a cargo of LNG
8The Mundra terminal will after a long time, take on a standard sized cargo
8Meanwhile, a vessel is waiting to offtake in Cochin
Click on Reports for more Details
L&T is the EPC here, for a Rs 2280 crore R&D complex.
8Despite the pandemic, the owner is confident of finishing the project on time.
8RFQs are to resume shortly.
Click here for more details   Details
8Get full clarity on PLL's capex going ahead
8Also, know more on its gas volumes
Click on Reports for more Details
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