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Aug 2021

Why do some in the vendor community believe that Megha Engineering and Infrastructure Ltd is a more capable downstream EPC contractor than others?
8What prompts this belief?
Click on Details for more Details
Get the latest forward-looking import data here for
8Chemicals
8Fertilizers
8Crude
8Ammonia
8LPG
8LNG (Including the performance of the world's largest fleet of LNG carriers)
8Bulk and dry cargo (including a comprehensive analysis of this segment)
8All tanker cargoes
8Port crew change and COVID-19 protocol updates
Click on Reports for more Details
8Tanker scrapping goes up as prices reach record levels. Click on Reports for more
8Get the latest update on gas consumption in India. Click on Reports for more
8Get IOC sustainability report for the year. Click on Reports for more
8A calendar has been drawn up for review of capex plans for public sector oil companies. Click on Reports for more
8Here a global leader on methanol transshipment. Know more about what kind of future methanol has up ahead. Click on Reports for more
8Get the full detailed matrix for laying an MDPE network along with the installation of GI/Cu in a CGD network. Click on Reports for more
8Get the latest gas price charts which are relevant for India. Click on Reports for more
8Roadshow by the petroleum ministry for the E&P sector. Click on Reports for an outline on what transpired.
 Details
8Project Name: Ludhiana (except area already authorized), Barnala, Moga Districts City Gas Distribution
8Project Cost: Rs 300 crore
Click here for more details Details
8A  new mobile and small scale LNG plant technology has come on stream
Click on Reports to know more Details
50% of the 1650 km North Eastern Gas Grid capacity has been booked.
8That is a surprisingly optimistic figure
8Also the gas grid is very near full financial closure even as construction milestones are being met
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Militancy had forced the LNG project in Mozambique, in which the Indian trio of BPCL, ONGC and OIL heavily invested, to halt work in April, 2021.
8The expected delay at that time was one year
8Now it has become one year to 18 months.
8Already both ONGC and OIL paid a premium to take over stakes in project. That money looks like is stuck for now, and with the original project completion deadline of 2024, additional delays will mean that it will be a long time before a return on investment can come through
Click on Reports for more Details
Hydrogen is the new flavor of the season with the current government.
8India would be conducting competitive bids for green hydrogen in next 3-4 months to pave the road for viable usage of hydrogen as a fuel.
8India is looking at bids for 4000 MW of electrolyzers capacity.
Click on Reports for more Details
Ammonia-Urea Brownfield Project
8Cost - Rs 6000 crore
KBR makes snail-like 2% progress in two months.
Ammonia - Urea & Captive Power Plant Greenfield Project
8Cost - Rs 10000 crore
8Project Event: The project is on hold due to Covid. It s likely to be activated in Q3 FY 2021.
Click on Details for more Details
ONGC has significantly raised the output in KG-DWN-98/2 field last week.
8The new in-charge at the field has been hard at work, according to ONGC.
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8EOI for Integrated development of surface facilities Details
 8Expression Of Interest for hiring of an overall end to end integrated Oil & Gas facility operation Details
 8Construction of Tank, Associated Civil & Pipe Line Works Details
 8Rerouting of Cherlapally Ghatkeshar Cross Country Pipeline Section under Hyderabad-Warangal Highway Details
 8Design, Supply, Installation & Commissioning of UPS system Details
 8Mechanical Works for TLD Extension and LPG pipeline work at Solapur LPG Plant Details
 8Civil Works for TLD & Pump House Extension and Canteen Facility Work at Solapur LPG Plant Details
 8Supply of Denatured Anhydrous Ethanol Details
 8Appointment of Automotive, Industrial and Rural Lube Distributors for locations in Eastern India Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8A Hurricane Ida wildcard: Effects on U.S. energy supply Details
8Oil and gas rig count rises for 13th month in a row -Baker Hughes Details
8'Extremely dangerous' Hurricane Ida knocks out more oil than Katrina Details
8Energy companies race to complete Gulf of Mexico evacuations Details
8With crude fluctuating around $70 a barrel-mark, OMCs keep fuel rates static Details
8Indian Oil to invest Rs 1 lakh crore to expand refining capacity: Chairman Details
8Indian Oil expands JV with Malaysia's Petronas to focus on LNG plants Details
8Arvind Kumar assumes charge as MD of Chennai Petroleum Corporation Details
8Bangladesh reviews oil-fired power plants lease renewals as gas prices soar Details
8Ecuador to spend $80 mln on thermal power stations as erosion threatens hydro plant Details
8Storm cuts U.S. Gulf of Mexico oil output by 91% -offshore regulator Details
8Cairn operated Mangala oil field in Barmer completes 12 years of output Details
8IGL hikes CNG price by 90 paise; PNG rates up too Details
8Petroleum minister mentions Vizag as state’s capital, triggers row Details
8Minister Dharmendra Pradhan lays foundation stone of common user petroleum facility in Odisha Details
8Wild weather: Climate change can have serious implications on India’s global trade Details
8Shell unit commits to renewable-powered Timi gas project offshore Malaysia  Details
8MNGL to extend piped gas to 15 areas in Pune, Pimpri Chinchwad Details
8Oil-rich Gulf faces prospect of unlivable heat as planet warms Details
8Oil falls as U.S. refiners shut down by damage from Hurricane Ida Details
You can also click on Newsclips for more   Details
BHEL had placed drilling rigs at Indian E&P assets once but foreign-made drilling rigs had since been on the ascendency.
8So credit goes to Megha Engineering and Infrastructures Ltd for new generation indigenous rigs, the first of which is under drilling in Gujarat.
8The company has orders to supply up to 47 rigs of different combinations to ONGC under a Rs 6000 crore order
8Get the first pictures of Megha's rig deployment
Click on Reports for more Details
Out daily import matrices are made up of the following
8Daily crude imports
8Daily chemical imports
8Daily ammonia imports
8Daily LPG imports
8Daily LNG imports
8Daily dry and bulk cargo imports
8Daily tanker imports
8Daily crew change and port updates
8Monthly steel and vehicle traffic data at ports
8Monthly project import data
8Monthly commodity tariff at Indian ports
Click on Reports for more Details
8There are job vacancies in the oil & gas sector. Click on Reports for more.
8MRPL's retail outlets: Know more which way the company is going.Click on Reports for more. Details
8GAIL has a new director of finance
Click on Reports for more Details
Get the latest outlook on global LPG output and prices
8Also, what is the LPG transport outlook
8Further, get the latest LPG shipments into the country spread over the next few days
Click on Reports for more Details
Work is on in the Jaya field in Cambay by Cairn India
8RFQs are active
Click on Reports for more Details
Energy Saving-cum- Ammonia-Urea Expansion Project
8Cost - Rs 540 crore
8Project Event: Critical equipment purchase has been completed, all the equipment has been reached the site, 53 % of construction work has been completed, the erection work of different equipment is ongoing. The project is likely to be commissioned in June 2022 in place of December 2021, due to the impact of Covid.
Phosphoric Acid & Sulphuric Acid Greenfield Project
8Cost - Rs 1800 crore
8Project Event: The Company is in the process of discussions with Phosphoric Acid Process Licensors for the supply of Basic Engineering Package based on which the company proposes to execute the project on an EPC basis. Still,  discussion is ongoing for finalization, It is likely to be finalized in October 2021. The company has already achieved an NoC from GPCB for execution. The RFQ for the EPC contractor is likely to be released in Q3-4 FY 2021. Details
The plan to set up LNG retail stations all over the country has suffered a serious setback.
8Also, the fate of free-flowing virtual pipeline networks hang in balance.
Click on Details for more Details
Sapura, the E&P contractor, is under attack for not paying up for a series of jobs that it had done for ONGC, including the KG-DWN-98/2 job.
8In the process, the company slowly and inexorably burning up any goodwill it has left in this country.
Click on Details for more Details
8Project Name: Amreli District City Gas Distribution
8Project Cost: Rs 300 crore
Click here for more details Details
It was initially dismissed as just a letter from a chief minister who wanted political capital when he suggested that ONGC’s North Eastern assets should be merged with that of Oil India Ltd.
8But now it seems there is more to it than meets the eye.
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Carrying out Transformer Maintenance Jobs Details
8LT Motor rewinding jobs through VPI method Details
8Upgradation of G&G Workstation with supply of software and hardware Details
8Procurement of Valve Sealant for GAIL Hazira Compressor Station Details
8Procurement of Spare Flow Computers for KG Basin Sites Details
8Hiring of working Over Rig & Associated Services Details
8Procurement of Sodium Chlorite for Cooling Towers Details
8Repacking of 500 ml Lube packs (HDPE Containers and PET Bottles) for HPCL Budge Budge Terminal Details
8Hiring of Operation & Maintenance (O&M) Services for ONGC owned MSV Samudra Sevak & DSV Samudra Prabha for 3 years under QCBS methodology Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Nayara Energy ties up Rs 4,000 crore for foray into petrochemical biz Details
8Cairn has to respond to India's arbitration award plea in US court by October 20 Details
8Oil climbs as storm approaches Gulf of Mexico production hub Details
8MEIL hands over second oil rig to ONGC; to supply 21 more by 2022 Details
8U.S. offshore oil workers flee as storm approaches Gulf of Mexico Details
8PetroChina aims for even split for oil, gas, green energies by 2035 Details
8Swan Energy soars 15 per cent as India to import more LNG Details
8Petrol, diesel prices remain static for 2nd day Details
8China's Sinopec flags new oil and gas find in Xinjiang Details
8Global oil majors may be joining race for BPCL: Document Details
8Thermax bags Rs 293-cr boiler package order Details
8COLUMN-Asia's crude oil imports stage gentle recovery in August, India leads: Russell Details
8Govt allows gas producers to sell up to 500 mmscm through exchanges Details
8Venezuela oil export squeeze creates India market opportunity for Guyana Details
8ONGC's 2nd oil rig to be operational at Kalol by mid-September Details
8India to boost LNG import capacity by 12% Details
8Energy Preview: WTI Crude trades around $68 per barrel Details
You can also click on Newsclips for more   Details
Nayara is the first truly internationally owned company operating in the downstream oil & gas sector. Expect for a few exceptions, the board is entirely made up of foreign faces.
8And the company finds India to be a great opportunity, a kind of vote of confidence that many multinationals which came in the E&P sector cannot vouch for.
8With Phase-I EPC contracting over, FEED RFQs for Phase-2 will begin in April, 2022. Feasibility studies are currently on.
8In Phase 2, the company plans to construct a world scale steam cracker that is integrated with the refinery and which produces a profitable range of derivatives.
8But the business model will be different from Phase-2 as compared to Phase-1 which was fully funded by the company
8So this is going to be big additional business for EPC contractors
Click on Details for more Details
A cargo put together by Russian subsidiary of  Novotek which owns Yamal LNG is finding it way to GSPC at Dahej but not from Yamal. It is coming from the French LNG terminal at Montoire and is landing tomorrow at Dahej.
8Then again, a Mitsubishi subsidiary is bringing in a cargo for GAIL from Lake Charles at Hazira.
8Meanwhile, LNG prices are slated to go higher not lower going ahead
Click on Reports for more Details
8The fervor to set up green hydrogen projects has gained momentum
8Here is an oil & gas company willing to try its hand out
Click on Reports for more Details
There is always skepticism about new gas-based power capacity coming up when we have so much of defunct capacity. Gas based power, based on LNG, just cannot make to the distribution point under the merit order system.
8Even so, this website, through its sister publication, www.energylineindia.com, keeps track of some gas-based projects where there is a likelihood of them being built.
 Out analysts have identified two such projects
8One is a Rs 376 crore project, where the RFQ for main plant works is likely to floated in Q-1, 2022
8Then again, we are tracking another gas-based power project, Rs 5300 crore, a big investment by any yardstick in today's uncertain environment, but RFQ for an EPC contractor package for the main plant is expected by Q2 2022.
Click on Details for more Details
8The government is launching a publicity campaign centered around ethanol.
8Find out more, click on Reports  Details
Deep Industries Ltd claims to be the only company with a presence in gas Compression, rigs, gas dehydration and integrated project management services.
8But last year was pretty bad, with turnover down and profit before tax in the negative, but a tax reversal in the accounts meant the company was in profit
8How quickly the company can recover remains to be seen
Click on Reports for more Details
Get the following daily import matrices
8LNG
8Chemicals
8LPG
8Ammonia
8Crude
8Fertilizers
8Tankers
8Dry and bulk cargoes
8Port and crew change updates
Click on Reports for more Details
8A new leadership and extenuating circumstances are forcing EIL to look for non-consultancy revenue sources.
8One important decision has been taken that will now make the all-important difference to the future of the company.
Click on Details for more   Details
SSP Fertilizer Greenfield Project
8Cost - Rs 90 crore
8Project Event: The project is still on hold, It is likely to be active in Q3 2021, Internal discussion is still ongoing for the project. the RFQ for the LSTK contractor is likely to release in Q4 2021
Ammonium Phosphate Greenfield Project
8Cost - Rs 500 crore
8Project Event: Site selection activities are ongoing, other activities for the project are on hold due to the impact of the second wave of Covid. Details
There has been an increase in business conducted through the India Gas Exchange (IGX)
8Volumes are going up as spot prices have become expensive
8Also, recent regulatory changes, including permission for domestic producers to sell on the exchange, has come as a bonus
8But IGX may have the first-mover advantage, as it has been able to pick up equity stakes from some major buyers and sellers, but others can well come into this business. And since IGX has laid the groundwork, it may be easier for competitors to get in and thrive
8IGX has good lobbying power, and it is looking for more concessions, including one that can make the all-important difference for the exchange. Details
For reference purposes the website carries here the following tenders:
8Construction of Tank, Associated Civil and Pipe Line Works Details
8Procurement and assistance in installation and commissioning of mass flow meters across various pipeline locations Details
8Pre-fabricated Canopies at Retail Outlets under East Zone Details
8ATF Transportation Ex HMEL Bathinda to Srinagar ASF and Gaggal ASF Details
8Laying of MDPE Laying and GI-CU Installations in West Bengal Cluster GA Details
8Smoke & Heat Detector Testing Kit With Universal Removal Tool Details
8Construction of RCC fire wall at KLL Dabhol Details
8Procurement of Cyclohexane Details
8Procurement of Master Measuring Intrinsically Safe Multi-parameter Calibrator with inbuilt Hart Communications Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Asia's crude oil imports stage gentle recovery in August, India leads: Russell Details
8Oil steadies after three-day gain with US crude falling Details
8New LNG plant starts next year, to boost import capacity by 12% Details
8China's LNG import surge to cool in winter as high prices bite Details
8Petrol, diesel prices remain unchanged despite earlier rate cut Details
8Mexico finds possible remains, restores some oil production Details
8Aramco Trading to join Platts oil pricing process in Asia Details
8Indonesia seizes tanker wanted over Cambodian oil heist Details
8IOC to use drones to check fuel thefts from pipelines Details
8Mukesh Ambani is going green but is still getting rich off oil Details
8Gadkari urges vehicle makers to discourage diesel engines, promote alternative technologies Details
8Oil prices fall for the first day in four as virus concerns return Details
8Lubricant maker Gulf Oil to foray into e-fluids for EV market Details
8Uttar Pradesh CM Yogi Adityanath distributes 20 lakh free LPG connections under Ujjwala-2 Details
8India's new LNG plant starts next yr, to boost import capacity by 12 per cent Details
8Lower VAT on jet fuel; expedite airport expansion: Scindia to states Details
You can also click on Newsclips for more   Details
 The website has documented crude cargoes coming in for RIL at Sikka from the following sources
8Galveston
8Balao
8Bonga
8Ceiba Marine terminal
8Basrah
8Cayo Arcas terminal
Click on Reports for more Details
There are four shipments unloading at Dahej which are of significance.
8One was unloaded on August 24, and it came in for Petronet LNG Ltd, from Das Island.
8Another was offloaded by GAIL from Soyo, brought in from Angola LNG Ltd
8A third one is unloading today for GAIL, brought in by Gunvor Singapore Ltd from Punta Europa terminal.
8Yet another cargo is expected immediately on behalf of Petronet LNG from Ras Laffan.
Click on Reports for more Details
Gujarat Gas has done a price hike in Morbi as well as a CNG price hike.
8Pertinently, the company's gas cost is the lowest among CGD companies as it does a mix of contract LNG, Vedanta, and RIL gas and spot LNG.
8Find out what the gas economics are for the company
Click on Reports for more Details
8Project Name: Ujjain, Dewas and Indore (Except area already authorized) Districts City Gas Distribution
8Project Cost: Rs 350 crore
Find out more on what is ahead. Details
8A four-well development plan has been put together by a DSF-2 block promoter
Click on Details for more Details
Get the following forward-looking import matrices
8LPG imports
8Ammonia imports
8Chemical Imports
8Crude imports
8Bulk and dry cargo imports (also, how Afganistan turmoil hits India's container trade adversely)
8Port and crew change updates
8Tanker imports
Also, get the following
8Latest LPG profile in the country
8Latest POL and gas consumption data
8Latest refinery and E&P production data
8Findings of a seminar on ethanol blending for transportation fuels
8Oil in floating storage goes up: Find out why
Click on Reports for more Details
8There is an anti-poaching of employees deal going between CGD companies
8Meanwhile, an experienced CGD company is looking for a CEO, it has many senior slots vacant
Find out more   Details
High spot prices are keeping LNG imports at check
8Upcoming cargoes as recorded by this website are at their lowest levels so far this year.
8And all of them are cargoes coming in under long term contracts, prices of which are far lower than ruling spot prices
8The fact that India is a highly price-sensitive market is evident from the fact that July saw a lower volume of imports compared to COVID impacted July of the previous year, and yet the price paid this July was significantly higher.
8Also, get the list of US cargoes headed to India.
Click on Details for more Details
Awards for best performance is an important motivator for those who work in the oil & gas industry.
8If you want to be known as the best EPC company in India, for example, you have to apply for that nomination
8As well as for best refinery, best digitally advanced company, innovator of the year etc
Click on Reports for more Details
8ONGC is revamping its vendor empanelment policy
8Even LSTK contractors are to be empaneled
Click on Reports for more  Details
The Perform, Achieve and Trade (PAT) is translated into tradable instruments called Energy Savings Certificates (ESCerts).
8The oil & gas industry is getting included
Click on Reports for more Details
8What is the prognosis on CGD companies now that there is consensus that domestic gas prices will go up by 50-60% from October?
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Repacking of MAK Lubricants in pillow pouches for the period of one year Details
8Procurement and assistance in installation and commissioning of mass flow meters across various pipeline locations Details
8RVI at Retail Outlets under West Zone Details
8Pre-fabricated Canopies at Retail Outlets under East Zone Details
8Insurance of Polymer Material Details
8Supply and Comprehensive Support for UPS System Details
8ARC for Pest Control Services Details
8Hiring services for re-painting of above ground pipelines, structures and equipments Details
8Procurement of Inverter Type ACs and Stabilizer for NCR Operation and Maintenance Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Govt sensitive to fuel price rise, relief in coming month: Oil min Puri Details
8Morbi ceramic industry faces additional burden of Rs 100 crore due to hike in gas price Details
8Gujarat Gas raises CNG, industrial PNG prices in its geographical areas Details
8Uttar Pradesh CM Yogi Adityanath to give 20 lakh free LPG connections today Details
8China's Sinopec adds new tanks at east China gas receiving terminal Details
8Petrol & diesel get cheaper. Here's how much you will need to pay Details
8AIADMK govt raised petrol prices multiple times, alleges DMK Details
8Syook raises USD 1 million in a Series A round Details
8Oil Search half-year profit rises nearly sixfold Details
8Petrol, diesel prices cut again as global oil rates soften Details
8OPINION: India’s clean and green shift with Compressed Biogas Details
8India's crude oil production continues to fall, dips 3.2% in July Details
8Qatar Petroleum awards North Field expansion contracts Details
8Japan's LNG imports up 3% yr/yr in july Details
8Department of Environment to oppose €650m liquified natural gas plant on Shannon Estuary Details
8Demand only one side of LNG price surge, supply cut by outages Details
8Shell preparing to evaluate proposals for Crux execution phase Details
You can also click on Newsclips for more   Details
8The Built, Own and Operate (BOO) model for gas processing systems are now in vogue in the oil & gas fields
8Here is an example
Click on Reports for more Details
What is on everyone's mind now is when will the COVID-19 pandemic actually end?
8When will normalcy, as we know it, return?
8What kind of a timeline are we talking about here?
8This is important for businesses to know.
Click on Reports for more. Details
Production beyond the sub-par output from one well in the U1 field of KG-98/2 Cluster-II complex continues to get delayed.
8The official reasons given is "due to COVID manufacturing of subsea items and well completion delayed".
Click on Details for more   Details
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