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Sep 2020

Phosphoric Acid Expansion Project  
8Cost - Rs 1100 crore
8Project Event: The company has been selected Jacob for the EPCM contractor, The procurement work is ongoing .The construction has been started in February 2020, but due to COVID-19, slow work is ongoing. The commission has been extended from March 2021 to October 2021. Details
Ammonia-Urea Brownfield Project
8Cost - Rs 6000 crore
8Project Event: Since a Chinese company is the EPC, there was apprehension that work will come to a halt but work seems to be going on. The procurement work is ongoing though the PMC. The bid date for the Steam Generation Plant has been out and bid due date has been extended from 31 August to 13 October 2020 due to lack of suitable bidder. Bridge and Roof Co India Ltd, Corrtech International Pvt Ltd, Gurumaharaj Engicon Pvt Ltd, NPR Projects, and Thermosystems Pvt Ltd are in the race for the supply of Raw water system to TFL. The technical bid has been opened and evaluation is still ongoing.  Details
The waiting of crude vessels have ended in Paradip, and one of the for vessels, carrying  a massive 4 lakh tonnes of crude, is currently in berth discharging its cargo.
8CPCL too is keeping one 134847 tonne cargo in wait.
Click on Reports for the full slate of crude cargoes coming into India Details
As of now, we have details of around 140 ships laden with different chemical products lined up for Indian ports.
8Kandla has the longest waiting list of vessels.
Click on Reports for more Details
8It is a massive Rs 520 crore POL-cum-LPG bottling plant project connecting two pipeline networks.
8An RFQ is expected for mainline pumping unit connected to the terminal.
Click here for more details. Details
EIL was in a great position to bid for the Dumad petrochemical project
8The Dumad site is just 5 kms away from L&T's  home office
8Also, the Hazira manufacturing yard is close by
8And L&T is known to be fiercely competitive
8So didn't it bid? Details
8Interviews for PSU position are on hold
Find out why Details
8The virus seems to be taking a big toll on offshore rigs working on the deepwater drilling programmes of ONGC and RIL-BP.
8Infections are forcing one rig after another to go down.
Click on Details for more Details
First it was EIL earlier and yesterday it was Worley Parsons which got the estimates of refinery and petrochemical projects all wrong
8The entire downstream industry is now trying to figure out why that is so
 8Also, what needs to be done to fix this problem? Details
8The price bids were opened for the Dumad petrochemical project
8And there is a clear L-1 bidder but find out why the project may get retendered Details
8McDermott uses new system in East Coast to handle rough seas to get work going
Click on Reports for more Details
India becomes the second-worst-hit nation in terms of the virus
8Find out how multiple economic parameters are looking up at the moment.
8Is there an improvement?
Click on Reports for more Details
8Gas compressors packages are being sought by an E&P company as it ramps up production
Click on Reports for more Details
8The Indian aviation industry continues to be in doldrums.
8And the outlook though better than last month is far from bright
 Click on Reports for more Details
An LNG vessel is expected to berth in Kochi today
8Dabhol is expected to get a vessel on September 27, when the seas gets less rough
8There are no vessels earmarked for berthing in Mundra as of now
8Meanwhile IOC has floated a tender for two cargoes
Click on Reports for more Details
The situation right now at Paradip refinery is that it is not taking in any crude vessels.
8There are three vessels with about 410000 tonnes of crude on standby
Click on Reports for more Details
8There are a total of 139 vessels laden with chemicals headed for Indian ports
Click on Reports for full details Details
For reference purposes the website carries here the following tenders:
8Procurement of 110KV rated Outdoor Current Transformers Details
8Procurement of Wheel for CCR-1 15T EOT Crane Details
8Hiring of Services for Insulation Replacement Works at PLQP Platform Details
8Sale of CBM gas from EPS-1, Bokaro block Details
8Sale of CBM gas from EPS-2, Bokaro block Details
8Annual Rate Contract for Instrumentation Maintenance of LPG, GREP and HRSG Plant Details
8Construction of Steel Pipeline and associated facilities on CGD Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Jet fuel prices expected to remain low, says ICRA Details
8CPI-M protests against Centre's move to privatise Bharat Petroleum Details
8Government privatising Public Sector Units, destroying jobs: Rahul Gandhi Details
8RIL moves to hive off oil-to-chemicals biz for investors Details
8Environment ministry panel gives nod for CPCL's Rs 33k cr refinery in TN Details
8Sri Lanka says has 'better control' over new fire in oil tanker Details
8India rushes fire retardant to battle tanker blaze near Sri Lanka Details
8Man warned for seeking SC direction to reduce fuel prices Details
8All govt buses in Karnataka to run on fuel from MRPL Details
8Vietnam importers offer sales bonus to cut diesel inventory as virus hits demand Details
8Diesel fuel found in ocean near Sri Lanka oil tanker fire Details
8Russia has to regain global oil market share once demand heals, Novak says Details
8Reliance unveils details of O2C business spinoff plan Details
8Russian customs rule may cost fuel oil exporters $1 bln a year Details
8Lankan Navy, Indian ships battling re-ignited fire on board oil tanker Details
8Taxpayer, conservation groups pressure US to halt drilling auctions Details
8Russia to build up half-finished oil wells to regain market share Details
8Top 5 PSU oil cos to partner ISA climate plan Details
8Norway oil firms, unions call on mediator to avert strike Details
You can also click on Newsclips for more   Details
Ammonia Storage Tank Greenfield Project  
8Cost - Rs 100 crore
8Project Event: The bid submission date for the design, engineering, procurement, third party inspection, civil foundation, fabrication, supply, transportation, handling, storage, erection, testing and commissioning of the new 10000 MT Ammonia Storage Tank as per TPS has been extended from 30 July to 30 September 2020, due to the impact of COVID-19
   Details
NP (20:20:0:13) Fertilizer Expansion Project 
8Cost - Rs 220 crore
8Project Event: The bid date for the engineering, supply, erection and commissioning has been extended from 30 July to 30 September 2020. Details
Faced with resistance to its integrated drilling model after service providers had reneged on the earlier agreements as they felt the company was trying to shift risks associated with an operator to the service providers, this E&P company is constantly trying to fine-tune the model to suit market requirements.
8A piece meal effort seems to be now the approach instead of one service provider doing it all together
Click on Reports for more.  Details
8Saddled by an interim court order that freezes any asset sale by the company, HOEC posted a poor Q-1 performance.
8With oil and gas prices slated to stay down, the outlook for the moment is dimmer than before
Click on Reports for more. Details
For reference purposes the website carries here the following tenders:
8Annual maintenance contract of mechanical works of plant and facilities/ equipments Details
8Procurement of Flanges Details
8Procurement of High Pressure Decoking Hose Details
8Supply of Swivel Joints Details
8National Expression of Interest for Environment Impact Assessment and Risk Assessment Study for pipeline projects Details
8Hiring of Ultra Sonic Survey of KG Basin region Above Ground NG Pipelines Details
8Supply of Leak Repair Clamps for KKBMPL I and II Details
8Procurement of Secondary Dryer for GCU-2 Details
8Supply of Activated Methyl Di Ethanol Amine Details
8Supply of Coated and Bare Line Pipes for Dhamra Haldia Pipeline Project Details
8EOI for provision of services of Gas Engine Driven Natural Gas Compressor Packages Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Diesel price drops below Rs 80-mark in Mumbai, Thane & Navi Mumbai Details
8IEA sees oil market stuck between no major slowdown but stalled recovery Details
8Diesel price extends its gap with petrol, falls again Details
8A large number of workmen have accepted VRS and will leave by end-Sept: BPCL Details
8Over 100 employees including chairman, two directors of OIL get COVID; recover Details
8PNGRB may allow additional restoration period for CGD projects facing Covid delays Details
8Jet fuel prices expected to remain low, says ICRA Details
8CPI-M protests against Centre's move to privatise Bharat Petroleum Details
8Government privatising Public Sector Units, destroying jobs: Rahul Gandhi Details
8RIL moves to hive off oil-to-chemicals biz for investors Details
8Exxon downsizes global empire as Wall Street worries about dividend Details
8More firms setting up LNG desks in Singapore: trade minister Details
8Fire onboard oil tanker off Sri Lanka's coast completely extinguished : Navy Details
8Oil mixed after dropping on demand concerns post-U.S. holiday Details
You can also click on Newsclips for more   Details
Oil demand had gone up after the lockdown was lifted across the world
8But the recovery has stalled
8Also, expect low prices to continue, not just for oil but also for gas
Click on Reports for more Details
Urea Expansion Project
8Cost - Rs 52 crore
8Project Event: The proposal for the term of reference has been granted and proposal for the environmental clearance is likely to be submitted in October 2020. Final EIA report preparation is ongoing. RFQ for the PMC contractor is now likely to be released December 2020. Details
Making an inroad into the downstream business for an E&P player is not all that simple.
8The system is likely to throw it out, as Megha Engineering and Infrastructure found out yesterday
Click on Details for more. Details
Ammonium Nitrate Greenfield Project 
8Cost - Rs 1750 crore
The EPCM consultant RFQ is exected to come out in October now Details
Our latest data shows one LNG cargo has been diverted out of Dahej by Petronet LNG
8Two US cargoes are headed towards India, on the face of it they look like uneconomic despatches. Find out who is bring them.
8A fresh cargo has been lined up for Cochin
Click on Reports for more Details
We are the only website in India to provide you the complete forward loooking import slate of crude into India
8IOC has cancelled a trade out of Mina Al Ahmadi for Paradip.
8And there are three other vessels on wait in Paradip, indicating a tank top position in the refinery, company sources were however not available for comment
Click on Reports for more Details
8There is a high amount of waiting in Indian ports as of now for unloading of chemicals in Indian ports
8Find out the arrival slate for chemicals into Indian ports here.
Click on Reports for more Details
8A Project Management Consultancy was awarded last week for a Rs 8000 crore petrochemical project.
8Clearly, unlike the E&P segment, downstream continues to be very active in India. Details
The project pipeline has just got longer
8A 1 MMTA LNG terminal is coming up
8There is a polypropylene unit being set up
8Clearance has come in for a refinery expansion
8An ethylene cracker unit is also being readied
8So are a clutch of E&P drilling projcts
Click on Reports for more Details
Non-traditional and highly aggressive contractors, earlier seen in the E&P segment, are slowing making their inroads in Indian downstream projects.
8This was the case in a high value EPC project, for which bids were submitted last week
Click on Details for more Details
8Clearances have come for award of a series of petrochemical units
Click on Details for more Details
8The fire at an IOC contracted oil vessel is transforming into a big oil spill disaster
8The is 2,70,000 MT of crude oil and 1700 MT of diesel oil on board
Click on Reports for more. Details
8In the light of the squeeze on capital, the concept of taking a PO as equivalent to a bank gurantee for earnest money deposit is now coming to vogue in some segments of the economy
8Can that also work for the oil & gas sector?
Click on Reports for more Details
Find out what is the latest status on the Barmer refinery tankage tender
8There is a requirement for tankages, including refinery crude tanks for crude storage for 15 days of refinery operation at 100% capacity, intermediate product storage for 50% of capacity of upstream / downstream unit (whichever is governing) for 7 days of unit operation and finished product storage equivalent to 15 days production have been provided for all products except LPG for which 7 days storage has been considered.
Click on Details for more Details
Find out who the EPC bidders are for the following Barmer refinery units:
8Petrochemical fluidized catalytic cracking unit and propylene recovery unit
8Dual feed cracker block Details
LNG vessels which are lining up for discharge in India are currently coming in from the following dispatch ports
8Reunion
8Bonny
8Ras Laffan
8Point Fortin
8Das Island
8Cove Point
8Dampier
The point to note is that GAIL is being forced to bring in one cargo directly from Cove Point in the US. An LNG vessel coming into India directly from the US would definitely be a loss making proposal as GAIL mostly brings in swapped cargoes from the US in order to save on transportation cost, but this particular cargo is coming in straight all the way from Cove Point. It is possible that for this cargo, no swap deal could be arranged.
Click on Reports for more Details
NPK Fertilizer Expansion Project   
8Cost - Rs 190 crore
8Project Event: The project has been elicited the environment clearance in September 2019, The project activities are however on hold due to lack of funds as of now but they are likely to be initiated in November 2020. RFQ for the LSTK contractor is likely to be release in December 2020.   Details
DAP Expansion Project 
8Cost - Rs 100 crore
8Project Event:  RFQ for the EPC contractor is likely to be released in October 2020 while it was earlier meant to have come out in September. The company is planning to do the Phosphoric acid expansion first for which construction has been started. Details
For reference purposes the website carries here the following tenders:
8Repair, servicing and maintenance of control valves and shutdown valves at refinery Details
8ARC for providing service for maintaining and running and up keeping of Mobile Oil Spill Recovery Unit Details
8Supply of Control Valve for DCU Heater pass flow Details
8Carrying out Petroleum/ Hydrocarbon Storage tanks, testing and certification Details
8Contract for security and allied services at LPG Bottling Plant Details
8Partial Discharge Test of Switchgears, Transformers & Cables Details
8Hiring of Integrated Seismic Job Service (SJS) & Shot Hole Drilling (SHD) Services for 3D Seismic Data Acquisition Details
8Hiring of CBM Gas Compression and CO2 removal facilities Details
8Requirement of paint material ARC for 3 years Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India's oil demand expected to be the worst hit among emerging economies: JY Lim, S&P Global Platts Details
8Nitin Gadkari urges automakers to introduce flex-fuel engines Details
8India should now focus on alternative biofuel technologies: Gadkari Details
8Ratan Tata-backed fuel-delivery firm registers 150 startups in one month Details
8Oil tanker fire doused; Coast Guard monitoring to prevent reignition Details
8Aramco may review investment in mega greenfield refinery in M'rashtra Details
8Gujarat: Fuel sales at 70 per cent of pre-Covid levels Details
8Oil tanker on fire near Lankan coast chartered by IOC (Ld) Details
8ONGC retains output guidance, but that may not help the stock Details
8Pradhan discusses innovation with Centre for High Technology officials Details
8BPCL post privatisation to bear cooking gas subsidy Details
8ONGC manages to save golf course that houses oil wells Details
8BPCL privatisation: Government to provide rules on employee protection, asset stripping later Details
8HC pins hope on resolution between BPCL, unions through talks Details
8Reliance Industries gives detailed plan to carve out O2C assets Details
8Saudi Arabia's SABIC issues $1 billion in two-part bonds Details
8China's Sinopec awards 10-year gas tender to Qatargas -sources Details
8Russia's Novak says 2020 oil demand could fall by up to 10 mln bpd Details
8Canada has big plans to use hydrogen to cut emissions and produce more oil Details
8ConocoPhillips pulls request for extension of flaring permits at 41 Texas sites Details
8US refiners, awash in diesel inventory, unlikely to boost output soon Details
8Venezuela's PDVSA says idled offshore oil facility is in 'satisfactory' condition Details
You can also click on Newsclips for more   Details
The website carries here a complete update on chemical vessel arrivals that are likely to take place over the next one month to India
8A total of 160 vessels are lined up for arrival going ahead
8Get to know port name, vessel name, quantity brought in, despatch port, name of the shipper and name of the buyer
Click on Reports for more. Details
The website carries here a complete update on crude vessel arrivals that are likely to take place over the next one month to India.
8A total of 60 vessels are lined up for arrival going ahead, and the this list will be updated by the website on a daily basis.
8Get to know port name, vessel name, quantity brought in, despatch port, name of the shipper and name of the buyer.
Click on Reports for more Details
There are four pipeline projects each worth nearly Rs 100 crore
8Lube oil Pipeline Project
8Polypropylene Pipeline Project
8Multiproduct Pipeline Project
8Naphtha Pipeline Project
Click on Details for more Details
8Find out how Atmanirbhar Bharat can end up boosting the Indian shipping industry.
Click on Reports for more Details
ONGC's New Living Quarters Platform project saw some quick but rather strange developments
8Find out who the bidders were
8And also what happened next? Details
There was a pre-bid meeting for the PTA plant in Paradip refinery
8And there was a big participation
Find out more Details
Candian private equity major Brookfield which invested Rs 13,000 crore to buy the East West pipeline from RIL is a bit unhappy about how pipeline tariffs are being regulated in India
8"At this juncture if signals are going that entity wise benefits are going to specific pipelines with the other transporters having no advantage as they will have additive tariff... it will dampen spirits of private and global investors," the company said.
Click on Details for more. Details
8For legal firms working in the oil & gas industry, they need to be not just good but also they have to be seen participating and contributing in industry forums.
8In that respect, here are handful of firms which are ahead of the pack. Details
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