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Sep 2021

Engineers India Ltd: Despite COVID-19, the company has been able to hang in to its topline
8Last year the company garnered Rs1,455 Crores from domestic consultancy business
8This may sound like not a lot of money but behind it, the company helps procure business worth Rs 18810 core in goods and services for various projects.
Click on Details for a full mapping of all the projects that the company is currently handling Details
Get the following daily import matrices
8Chemicals
8Crude
8LNG
8LPG
8Ammonia
8Fertilizers
8All tankers
8All dry and bulk cargoes
8Daily port news
8Also, get the weekly update on fertilizers
(In our fertilizer portal, you also get the prices of upcoming fertilizer cargoes into India)
Click on Reports for more Details
Phosphoric Acid & Sulphuric Acid Greenfield Project
8Cost - Rs 1800 crore
8Project Event: The company has got a DFR through a noted consultant for a 600 MTPD phos acid, and 1800 MTPD sulphuric acid.
 Final decision by the company is yet to be taken. FInd out who has done the DFR
Also when RFQs are expected
Ammonium Sulphate Expansion Project
8Cost - Rs 9 crore
8Project Event: The company will execute the project on its own, without involving any external technology supplier and it shall be using its available in-house expertise and resources. The public hearing has been completed, the proposal for the environmental clearance is likely to be granted in September 2021. RFQ for the EPC contractor is likely to be released in Q3 FY 2021. Details
For reference purposes the website carries here the following tenders:
8Procurement of Assorted Pipes for Fire Water Revamping Jobs Details
8Annual Rate Contract for Refilling and Hydro Testing of Clean Agent Extingusher Details
8Supply and Installation of 1X10KVA UPS along with SVR, ACDB and Battery Bank Details
8Supply, Installation and Commissioning of Continuous Ambient Air Quality Monitoring system Details
8ARC for refilling of Helium Gas Cylinders Details
8Contract for hiring of services of Silent DG Set for pipelines sites Details
8Work Contract for Beautification of Agartala Admin Complex Front Side with Cover Drain Works Details
8Assistance for Digitization Services and Upkeeping of Record Room Details
8Supply of Methanol Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Wabag secures Rs 84 crore order in Malaysia for Petronas Refinery Details
8J&K Apni Party women's wing stages protest against rising inflation, fuel prices Details
8Fossil fuels' price boom isn't the victory it might seem Details
8Oil wobbles as demand woes stalk market after Saudi price cuts Details
8Saudi oil price cut may hasten fuel rate reduction Details
8Fitch says BPCL privatisation may get delayed Details
8OVL in talks to buy stake in Russia's Vostok, Arctic LNG-2 project Details
8Congress releases stamps to oppose LPG, petrol price hike Details
8ONGC Videsh, partners relinquish Israeli oil block Details
8Govt's excise collection jumps 48 per cent in Apr-July; already 3x of full fiscal oil bond liability Details
8Saudi Arabia lowers light crude prices to Asia; US, Europe prices steady Details
8France's TotalEnergies signs $27 bn oil, gas, solar deal in Iraq Details
8Divers identify broken pipeline as source of Gulf oil spill Details
8No revision in petrol, diesel prices on Monday, a day after price cut Details
You can also click on Newsclips for more   Details
The LOIs for the Nagapattinam greenfield projects have finally been handed out. It is a greenfield 9 MMTPA refinery.
8There has been a period of negotiations from the time bids were opened till when the LOIs were handed out
8Find out how much CPCL has been able to whittle down the price from the quoted levels Details
Traffic has been low in this LNG terminal
8And it will take a long time before traffic goes up
8But the company is bullish enough to start working on doubling its capacity
Click on Reports for more Details
Get the import matrices for
8Chemicals
8LNG
8LPG
8Ammonia
8Fertilizers
8Crude
Click on Reports for more Details
NPK-TSP-GSSP Greenfield Project
8Cost - Rs 100 crore
8Project Event: The project has been elicited the environmental clearance, RFQ for the LSTK contractor is likely to be released in October 2021
Phosphoric acid Expansion Project
8Cost - Rs 50 crore
8Project Event: The proposal for the term of references has been accepted and the final EIA report preparation is still ongoing, a proposal for the environmental clearance is likely to be submitted in October 2021. The company is planning to hire a local contractor. RFQ for a contractor is likely to be released in November 2021. Details
8Three Tag Offshore vessels have been sold
Click on Reports for more. Details
8This offshore and marine support company claims it has achieved a lot ever since it was founded in 1998 by an ex-serviceman
8Find out more claims it has achieved a lot ever since it was founded in 1998 by an ex-serviceman
Find out more click on Reports. Details
Pipeline Infrastructure Pvt Ltd, the owner of the East West Pipeline, has established quite a few new benchmarks that are capable of becoming industry benchmarks
8First is of course the pipeline usage agreement with RIL, which ensures a steady cash flow
8Then again, there is the is an innovative O&M agreement that can be of interest.
Click on Reports for more  Details
Here is a seismic services company doing very well, it claims
8And says the future is bright in what is arguably a very competitive field
Click on Reports for more Details
8The hunt is on for the next NRL managing director
Click on Reports for more Details
It looks like a non-ONGC jack-up rig requirement has come out
8But this may not be a one-off requirement for drilling a few wells but could well be a long-to-medium-term employment
Click on Reports for more Details
IGX claims it provided a $4/mmbtu price advantage over spot prices
8And it traded higher volumes
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Development of New Retail Outlets and Modernization of outlets under Kota Retail RO Details
8Development of New Retail Outlets and Modernization of outlets under Jodhpur Retail RO Details
8Development of New Retail Outlets and Modernization of outlets under Rajkot Retail RO Details
8Transportation of ATF Ex Mourigram Details
8Supply of manpower for various Fire Services activities Details
8Finalizing SOR for Branding Jobs for Lucknow Lubes Territory for a period of two years Details
8Supply of Plate Type Heat Exchangers for 2G Bio-ethanol Refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Oil extends losses after deep cuts to Saudi crude prices for Asia Details
8Govt's excise collection jumps 48 per cent in Apr-July; already 3x of full fiscal oil bond liability Details
8Saudi Arabia lowers light crude prices to Asia; US, Europe prices steady Details
8France's TotalEnergies signs $27 bn oil, gas, solar deal in Iraq Details
8Divers identify broken pipeline as source of Gulf oil spill Details
8The new E10 petrol: will it bring benefits? Details
8Petrol & diesel prices remain unchanged for second consecutive day Details
8Youth Congress protests against hike in LPG cylinder price in Jaipur Details
8Trafigura, PetroChina place lowest offers in Pakistan LNG tender Details
8Oil slips ahead of U.S. jobs report Details
8Maharashtra: BMC’s 1st waste-to-energy plant starts ops at Haji Ali Details
8Petronet looks to make foray into petrochemical business, plans LNG terminal in Odisha Details
8OVL, IOC sign pact with Russia's Gazprom Details
8India's ATF demand faces rough patch amid 3rd wave fears: S&P Global Platts Details
8Hindustan Petroleum Corp launches branded store 'Happy Shop' Details
8Norway wealth fund excludes ONGC, 3 Israeli firms from portfolio Details
8Cleanup boats on scene of large Gulf oil spill following Hurricane Ida Details
8U.S. offshore oil recovery begins with ports, refineries restarting Details
You can also click on Newsclips for more   Details
The new CMD of EIL, Vartika Sukhla, unveiled her vision of EIL today
8She did that in an address to all employees
Click on Details for more. Details
ONGC has promised a series of offshore development tenders in this fiscal year
8Among them, on top of the agenda, is the PRP-7 project
What is the latest status on it? Details
EIL has decided to take the plunge into the EPC business
8It has decided to bid against an EPC tender
Click on Details 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 buk cargo imports
8Daily tanker imports
8Daily crew change and port updates
8Monthly steel and vehicle traiff data at ports
8Monthly project import data
8Monthly commodity tariff at Indian ports
Click on Reports for more Details
8It looks like Fugro has got the mandate to do a consultancy for a brand new LNG terminal with an FSRU.
Find out more Details
What has been the progress of work by Tata Projects in the Barmer refinery project?
8Why is the company facing a fund squeeze?
Click on Details for more. Details
8Project Name: Dakshina Kannada District City Gas Distribution
8Project Cost: Rs 300 crore
Click here for more details Details
There is much hand wringing going on within EIL over the manner in which it quoted for two EPCM jobs for the Panipat refinery.
8It is learned that the new CMD, as director technical, was in charge of the bids.
Find out more about what went wrong. Details
EIL has reportedly lobbied with the government for jobs on a nomination basis
8Find out who is opposed to idea and who is not within the government.
Click on Details for more Details
LNG prices are ruling very high, near $20/mmbtu levels. 
8The price dynamics are explained through a series of illustrations, something that Indian gas analysts must have a look.
8Then again, it is not just in India that demand is drying up, demand is also drying up for trucked LNG, as also for the energy-intensive ceramic industry.
8In this context, the Indian ceramic industry, based out of Morbi should consider itself lucky that the supplier has been able to do a mix of long term and spot cargoes to keep the price increase minimal.
Click on Details for more Details
Online tendering seems to have its problems when it comes to ONGC.
8Looks like the bidder can keep changing his price bid right up to the time of tender closing.
8So when bids are opened, there can be some confusion on which bids are valid
8Find out more on how this is to be resolved
Click on Reports for more Details
The head of MM, A.P. Tripathi, the key purchasing authority in ONGC, is turning heads across the industry through his official announcements.
8Supported by his bosses, Tripathi is conducting a cleaning operation of some of ONGC's archaic purchase regulations. Decision-making is quick.
8Here is an example of how Tripathi functions, by pointing out previous anomalies and then asking various purchase divisions not to repeat them going ahead.
Click on Reports for more Details
NP (20:20:0:13) Fertilizer Expansion Project
8Cost - Rs 220 crore
Three companies are in the race for the EPC contract but for reasons of its own, the financial bids have still not been opened
SSP/NPK Greenfield Project
8Cost - Rs 70 crore
Environment proposal submission is delayed
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Construction of Fire Water Tanks at Rasayani LPG and LOBP Plant Details
8Invitation for Expression of Interest for Lumpsum Turnkey Contractors Details
8Development of New Retail Outlets and Modernization of outlets under Vadodara Retail RO Details
8Development of New Retail Outlets and Modernization of outlets under Ahmedabad Retail RO Details
8CCTV System at 44 LPG Installations Details
8AMC for Discharging, Boost Charging and Capacity test of Battery Bank Details
8Procurement of Steam Traps Details
8Blinding of spheres associated process pipelines, scaffolding work, cleaning work, surface preparation, insulation removal & application and all other miscellaneous jobs Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Baghjan oil well fire: SC reconstitutes panel to assess damages to environment Details
8Puri says over Rs 1.5 lakh cr UPA-era oil bonds need to be repaid Details
8ONGC evaluating stake buy in Russia's Vostok Oil project Details
8China approves $149 mln coalbed methane pipeline project in northern China Details
8India in talks with Rosneft for stake in Russia’s massive Vostok project Details
8India's gasoline demand seen hitting record as COVID curbs ease Details
8U.S. energy firms strain to shake off hurricane's toll Details
8Japan, Russia to cooperate in hydrogen, ammonia to fight climate change Details
8Venezuela's August oil exports fall amid feedstock scarcity Details
8No revision in petrol, diesel prices on Thursday Details
You can also click on Newsclips for more   Details
India earlier had the distinction of paying the highest landed price for LNG
8But it no longer, thankfully, enjoy that distinction.
Click on Details for more. Details
The seismic survey industry in India has become very competitive.
8Bidders are quoting aggressively as was evident in a recent Oil India Ltd tender.
And competitors are taking matters to court Details
A new breed of private companies are slowly invading the oil & gas space and the future belongs to them
8They have deep pockets, international outlook and they think long term
8Here is one company in the midstream segment which took a hit of over Rs 1000 crore last year and remains unperturbed because it knows it will eventually stand to make big money.
8And the people manning them are young and very smart
Click on Details for more Details
Turf battles over which center will deal with which purchases is common in ONGC
8So much so that the company had to come out with a clarification over a clash between two divisions.
Click on Reports for more. Details
Coal India's retrofitting of its dumpers with LNG can mean a lot of business and may eventually be a trend that may eventually have far-reaching implications.
8It is a business worth half a billion dollars per year
8But clearly, given the locations, a virtual LNG network has to be put in place.
8And a lot of work will have to be done
Click on Reports for more Details
We are proud to put together an extensive looking ahead import database for energy products
So what we have for today are import matrices
8LNG
8Crude
8Fertilizers
8Chemicals
8Ammonia
8LPG
8All tankers
8All bulk and dry cargoes
8A full update on petroleum imports and exports for July, with disaggregated data
8Port updates
Click on Reports for more Details
8Project Name: Shivpuri District City Gas Distribution
 8Project Cost: Rs 300 crore
Click here for more details. Details
For reference purposes the website carries here the following tenders:
8Supply of Corrosion Inhibitor for VVSPL Details
8Production and Supply of Compressed Bio Gas to Oil Marketing Companies across India Details
8Civil Works for TLD Extension at Surat LPG Plant Details
8Supply, Erection, Testing, Commissioning and Operation & Maintenance of Boiler Package for 2G Bio-ethanol Refinery Project Details
8Expression Of Interest for Enrolling Bidders for Long Term Arrangement of Supply of Denatured Anhydrous Ethanol Details
8Procurement of OFC Cable Details
8Procurement of Water Spray Pumps for Guard Ponds Details
8Procurement of Portable Clean Agent Fire Extinguisher Details
8Monthly Basis Cab and Taxi Hiring Services Details
8Supply, Fabrication, Installation, Testing and Hookup of above ground fire water pipeline with associated civil jobs Details
8Carrying out Housekeeping/ Sanitisation Services Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Coal India to run dumpers on LNG to bring down fuel cost Details
8Fuel prices cut by 15 paise per litre after a week's break Details
8OPEC+ raises 2022 oil demand growth forecast Details
8LPG price hike: Priyanka Gandhi Vadra slams Centre, asks govt to send "Vikas" on leave Details
8Coal India starts pilot project to replace diesel with LNG in dumpers Details
8LPG cylinder prices hiked second time in 15 days Details
8Power losses stifle oil firms recovery efforts after Hurricane Ida Details
8Vartika Shukla becomes first woman CMD of Engineers India Ltd Details
8ONGC pumps first gas from U1B deep-water well in KG basin Details
8Major oil producers uphold small output increase Details
8Govt earned Rs 23 lakh cr from 'Gas Diesel Petrol': Rahul Gandhi slams Centre, says 'new economic vision' needed Details
8Petrol demand continues to rise in Aug, diesel lags Details
8ONGC tragedy: P305 accused ignored messages for help, says chargesheet Details
8In climate reversal, Biden okays new oil and gas mega auction Details
8CVC flags 42 cases of non-compliance of its advice against corrupt officials Details
8India to offer indemnity to Air India bidder(s) over Cairn claim Details
You can also click on Newsclips for more   Details
Coal-based Ammonia-Urea & Captive Power Plant Greenfield Project
8Cost - Rs 6500 crore
8Project Event: The project is still on hold due to the company's internal matter. the project is likely to be activated in Q3 FY 2021. RFQ for the environmental consultant is likely to be released in Q3 FY 2021.
Note: India still will need a lot of urea, and new projects are needed, and a coal-based plant is already under construction at Talcher. So another project can ride on the benchmark for subsidy payments etc settled for the first one. It will make business sense, unless of course, coal goes completely out of fashion as it may for power plants, but is unlikely for a value-added project, such as a urea plant.
Ammonia-Urea Energy Saving Project
8Cost - Rs 217 crore
8Project Event: 99 % of construction work has been completed, the project is likely to be commissioned in October 2021, subject to the mobilization of foreign experts from M/s Siemens Sweden for commissioning. Details
This is a Rs 230 crore greenfield bottling plant
8Work is on, know the names of the various contractors for the job, including who is the EPCM (in case you have equipment and services to sell)
8The project was meant to have been completed in March 2021 but it has now been delayed due to COVID and the commissioning date has now been scheduled for May 2022
Click on Details for more Details
8A $24 million well completion job was just awarded
8But the bidder had to fight hard to get it
Click on Details for more Details
Even as Vartika Sukhla takes charge, this is one EPCM project where the company got the pricing all wrong today
8Its quote was 2.6 times that of the L-1 bidder
8Then in another EPCM bid, EIL's performance is even worse.
8The new CMD will need to get the pricing right, both for EPCM and future EPC projects, because establishment cost of EIL is higher than its more agile private sector counterparts.
8But, given a nationalistic government in power, will she be able to grab some projects on a nomination basis?
Click on Reports for more Details
An E&P operation does a lot of environmental damage and once a field comes to the end of its life, a money from a Site Restoration Fund (SRF) is utilized to restore the site to its original health
8But the law has been lax so far
8The government has decided to tighten it now
Click on Reports for more Details
We have been working hard through the lockdown to update our business opportunities ahead databases.
In our sister site, www.energylineindia.com, we have a complete updateate of the power project database in terms of future business development opportunities, made up of the following:
-- All coal based power projects, also maintenance
-- All gas based power projects
-- All hydel projects
-- Transmission projects
8We also have a massive petrochemical database but market facing, www.indianpetrochem.com, where we provide thousands of daily chemical and petrohemical prices and a news section where we provide current up to 100 daily petrochemical news upates, involving trends as well as expansion and capex plans
 8Get in touch with our marketing team for more. Details
8A new boss in EIL takes charge
8And EIL is now likely to embark on some crucial changes, some already evident.
Click on Details for more Details
8Project Name: Begusarai City Gas Distribution
8Think Gas is involved
 8Project Cost: Rs 300 crore
Click here for more details Details
In the Discovered Small Fields round, a big headache could well be the availability of processing facilities for the oil and gas produced.
8Any spare processing capacity available with OIL or ONGC is subject to adequacy check study of future loads at the existing facilities.
8The problem could well be that low production will not justify setting up facilities on one's own, or what is produced will have to ferried further out for processing.
8Investors must take note
Click on Reports for more. Details
Indraprastha Gas Ltd wants to diversify out of CNG
8Find out in which direction
8Also, know more about its capex plans, and the mix of gas that it purchases
Click on Reports for more Details
8EIL and IOCL are jointly licensing a refinery process technology
Click on Reports for more. Details
Get the following import indices for the day
8LNG
8Chemicals
8Ammonia
8LPG
8Crude
8Fertilizers
8Weekly fertilizer import data
8Tanker cargoes
8Bulk and dry cargoes
8Port updates
Click on Reports for more Details
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