For reference purposes the website carries here the following tenders: 8Hiring of DG Sets (with acoustic enclosure) for Power Provision at Surface Installations and Bunk House Details 8Supply, of Choke Manifold (10000 PSI) along with accessories and Choke Manifold (15000 PSI) for MPD for Well Services Details 8Providing Harden area around the Flare Stack of Dahej Plant Details 8One Time Contract for Painting of above ground Pipeline under Tripura Pipeline Region Details 8Hiring of AMC for OFC maintenance under KG Basin Region Details 8Hiring of Contract Services for maintenance of Diesel Engines Details 83D Seismic Interpretation for CB-ONHP-2017/12 Details 8Supply of Know-how/ License, Basic Engineering Design Package for High Density Polyethylene Unit Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Petronet’s US deal gets thumbs down from Street Details 8India's August crude imports highest in 4-months, fuel imports peak Details 8UAE to make up for LPG shortfall from Saudi Arabia Details 8India buys two LPG cargoes from ADNOC before festive seasonDetails 8MP: Chouhan protests against state govt, questions rising fuel prices Details 8Hungary drivers irate after Shell pumps filled with wrong fuel Details 8Norway's August oil, gas output lag forecast: Regulator Details 8How the aviation industry's carbon offsetting scheme will work Details 8UK says Iran responsible for attack on Saudi oil facilities Details 8Oil eases as global demand concerns return, overshadowing Saudi supply doubts Details 8No need to ban petrol, diesel vehicles; EVs picking up momentum naturally: Nitin Gadkari Details 8Arunachal Pradesh CM Pema Khandu holds discussion with senior officials of OIL India Limited Details 8India turns to UAE for extra LPG imports as Saudi Arabia cuts supplies Details 8LNG from Petronet-US firm deal to reach India only by 2024Details 8IGL took piped gas to record 2 lakh homes, added 54 CNG stations in 2018-19 Details 8Oil extends losses after Trump's comments douse trade talk optimism Details You can also click on Newsclips for moreDetails
Is there a shadow now over the expansion of the Rs 22,594 crore Numaligarh refinery expansion project 8No doubt the cabinet had given its nod, with a viability gap funding of Rs 1020 crore 8But then fast moving developments can yet spring a surprise Click on Details for more
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BHEL may have lost the big contract for 27 drilling rigs from ONGC but that fact that it emerged as the L-1 bidder to build two workover rigs against competition from Chinese and Italian companies is an indication that the public sector company can put up a good fight. 8"There is a lot of respect for BHEL built equipment within the E&P community and we can vouch for its quality. We regularly keep placing orders for well heads and X-mas Trees with it," a top ONGC official told this website. 8BHEL also refurbishes and upgrades rigs, not just of its own makes but other rigs as well 8Get a listing of what BHEL offers. Also know who are are the key contacts in BHEL to speak to about rigs and other oil field equipment Click on Details for more
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Ammonia Brownfield Project 8Cost - Rs 250 crore 8Project Event: The project is in the initial phase and discussion is ongoing, RFQ for the process licensor is likely to be released in October 2019. The preparation of the EIA report is still ongoing, a proposal for the environmental clearance is likely to be submitted in October 2019 instead of September as envisaged earlier Click here for more details Ammonia-Urea Energy Saving Project 8Cost - Rs 101 crore 8Project Event: The 70 % construction work has been completed instead of 50% reported earlier, the installation of HRSG has been completed and installation of GTG is still ongoing it is likely to be completed in October 2019. The commissioning is likely to completed in December 2019. Click here for more details (Availabe through www.indianfertilzier.com)Details
The advantage with covering Oil India Ltd projects for our project monitoring software is that when an oil field is developed, orders are mostly field specific, unlike with ONGC, where exepct for a few items, all others are centrally purchased 8Here is an OIL plan for a Rs 5655 crore field development project 8What will be coming up will be drilling rigs tender and an RFQ for a contractor for the construction of FGGS, GGS, OCS, QPS etc Click on Details for more Details
Oil and Natural Gas Corporation Limited's RFQs for the hiring of a horizontal drilling services for development drilling of 27 wells in the Bhuvanagiri & Periyakudi fields and the expansion of the Bhuvanagiri EPS liocated in the Cauvery Basin spread over the Cuddalore and Tiruvarur districts, Tamil Nadu are expected to be floated next year. 8Project Event: RFQ for the hiring of a Horizontal Drilling services is expected by Q1 2020. RFQ for the hiring of an EPC contractor for EPS expansion is expected by Q2 2020. Click on Details for moreDetails
After Make in India policy caveats, the playground is limited to just a few Indian players 8If one wins today, the other does the next day Click on Details.
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Get the latest update on the Kandla- Viramgam-Gandhinagar-Sanand LPG Pipeline 8The EPMC has been settled 8Site survey work is going on 8What is next now? Click on Details for moreDetails
The Petronet LNG Ltd (PLL) deal with Tellurain seems to have left everyone a bit curious and even anxious. 8The deal exposes the company to international gas prices and project execution risks without back to back buy back arrangements. 8Also the price benchmark chosen may expose it to further risks 8But PLL claims that prices are going to be pegged to a US benchmark which posts the lowest gas prices in the world. "Nowhere in the world will you get gas prices lower than what we are going to be benchmarking our prices with," a PLL executive told this website, adding, "Our FOB prices will be the lowest in the world, allowing us to cater to the Indian market at ease even after taking transportation costs into account." 8However, there are other questions which have been left unanswered. Click on Details for moreDetails
The Nandasan Redevelopment plan will push both crude and oil production higher in this field located in the Mehsana asset in Gujarat. 812 new oil producer wells and 3 new water injection wells are envisaged. 8Attendant production facilities are also coming up Click on Details for moreDetails
For reference purposes the website carries here the following tenders: 8Procurement of Wire Ropes for Drilling Services Details 8Replacement of Valves of plants APU, CSU, EPRU and utility Details 8Replacement of Columns OF GSU-12, GSU-13, CFU-II & LPG-I Details 8Vapour Recovery Unit at Jaipur Terminal Details 8Supply of Pipeline Pile supports Details 8Mechanical works at Rayagada Details 8Procurement of Lube Oil for Heavy Fuel Oil Engine Details 8Procurement of Line Telemetry Seismic Data Acquisition System Details 8Sale of Natural Gas from Sanand Field Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Petrol price spikes to Rs 73.91 in Delhi Details 8Rs 5,100 crore turnover for Indian Oil last fiscal Details 8UP: Those with free power, LPG connections may lose subsidised kerosene Details 8Oil prices will ease if global tensions do not flare up: Dharmendra PradhanDetails 8Petrol, diesel prices hiked for 7th day in a row Details 8Poland restores flow via Druzhba oil pipeline after leak Details 8Oil CEOs push carbon-capture efforts ahead of climate talks Details 8Britain set to receive two LNG tankers from Qatar in October Details 8Bearish signal for crude as China closes in on filling oil storage Details 8Oil gains more than 1% on Saudi supply doubts, Mideast tensions Details 8Crude oil futures up on global cues Details 8IOCL, BPCL, NTPC, Power Grid, GAIL spent more on CSR than research: Will firms turn CSR into CIR? Details 8Petrochemical companies may see feedstock supply crunch, margin pressure Details 8Oil eases as global demand concerns return, overshadowing Saudi supply doubts [ET] Details 8UK says Iran responsible for attack on Saudi oil facilities Details You can also click on Newsclips for moreDetails
The RIL-Saudi Aramco deal benefits both companies in a big way. It allows Saudi Armaco to corner 40% of RIL's crude (at 500 kb/d) reqirement while acquiring only a 20% stake in RIL. For the latter, these additional supplies would also help offset the decline in procurement from other heavy sour producers, namely Iran and Venezuela. RIL in turn aims to increase its oil-to-chemicals ratio to more than 70% by gradually eliminating all road transportation fuels (gasoline, diesel) from Jamnagar’s refinery product slate. 8While the deal is a win-win one for both companies, there is now speculation over whether Saudi Aramco will hang on to the agreement with Indian public sector companies for a new 1.2 bbb/day refinery, with a prestigious Saudi publication now claiming that a delay in land acquisition and increase in costs may have promoted Saudi Aramco to look at "another alternative". Comment: The question then is: If a suitable alternative has been found, will Saudi Arabia abandon its commitment to the new refinery? Does the kingdom under pressure from multiple directions, have the stomach for another big equity investment in India, now that the captive supply deal with RIL will enable it to become the biggest supplier of crude to India? Click on Details for more
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The PNGRB seems to be finally following up on its promise to commit an internal investigation into its own fixing of the tariff rates for the Rs 17,240 crore East West Pipeline, which was sold by RIL to a Canadian super fund 8This follows the regulator's approval of a tripling of tariff rates for the pipeline a day before a deal was struck to sell it. 8The tariff hike had raised eyebrows when it was done Click on Report & Details for more
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Find out what is the average price of LNG paid by an Indian customer in the month of August 8How does it compare with August of last year 8And how does the August price stand up against he average price of 2018-19 8The average price is still significantly lower than the spot price of LNG, showing the preponderance of expensive long term LNG in India's import portfolio, prompting the govenrment to order renegotiation of contracts Click on Details for more
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Ammonia Greenfield Project 8Cost - Rs 2773 crore 8Project Event: The project is waiting for environmental clearance. The company needs Rs 600 to 700 crore additional capex which is likely to be approved at the end of October 2019. The RFQ for the contractor is likely to be released at the end of October 2019. It was meant to be released in September earlier Click here for more details Effluent Treatment Plant Up-gradation Project 8Cost - Rs 101 crore 8Project Event: An amendment is ongoing in the NIT for LSTK contractor and is to be re-released in October 2019. Earlier RFQ did not elicit a good response, so the tender has been amended to attract bidders Click here for more details Available through www.indianfertilizer.comDetails
It is a small Rs 50 crore onshore field development of an DSF 2016 field 8Workover job is expected in October, initially with one well 8Gas supply deal is to be finalized this month Click on Details for moreDetails
It is a massive Rs 4300 crore development drilling programme The following opportunities are coming up 8RFQs for the hiring of an EIA consultant is expected by November 2019 8RFQs for charter hire of a drilling rig and a workover rig is expected by Q1 2020 8RFQs for other oil field related equipment is expected by Q1 2020 Click on Details for a full previewDetails
It is a Rs 300 crore Common User Product Terminal Facility 8A tender for FEED is expected by December, 2019. 8Execution mode not decided yet Click on Details for moreDetails
After a long period of uncertainty, RIL's LNG import volumes are rapidly failing. 8It is expected to be around 5 mmscmd in the second half of this year 8Yet the transporter of LNG, Gujarat State Petronet Ltd, is seeing a rise in volumes as the fall in RIL offtake is mitigated by rising demand from three different segments Find out more
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Through a $2.5 billion equity deal last Friday in return for a lifetime offtake of 5 msmcmd of LNG from Tellurian's 16.6 MMTPA LNG terminal in the US, Petronet LNG Ltd (PLL) has suddenly transformed itself from a sleepy and safe toll player in the Indian regasification business into a global risk taker. 8Based on 5 million mt/year offtake, Petronet would be responsible for underwriting $5 billion of Tellurian's total project debt in the Driftwood LNG plant. That is a big exposure by any yardstick. In that sense, PLL's exposure to the project is higher than that of the promoters, as the latter have undertaken to offtake only 4 MMTPA of LNG. 8The equity investment against a life time of LNG offtake implies that the risk is front ended, and borne by the investor cum buyer. So far, only Total, with a balance sheet many times larger than PLL, has bought into the terminal with an offtake of 1 MMTPA, a fifth of what PLL is now committed to. 8A host of traders, including Vitol, has been offered similar deals but they are yet to make up their minds. 8Currently, gas-indexed LNG is far cheaper than oil indexed LNG that PLL processes via long term contacts in its LNG terminals but that may not always be the case. If peak oil happens in 2022 as predicted by some, the price of crude may fall far enough to make oil indexed LNG cheaper from countries such as Qatar in relation to LNG from the US, thereby forcing PLL to scout the global markets to sell its committed offtake in the years ahead, unless of course PLL can work out a back to back arrangement with Indian offtakers for Tellurain LNG in exactly the same terms and conditions as was finalized last Saturday, something that will be difficult to push through to price sensitive Indian clients. 8Willy nilly, PLL has to grow up quickly and acquire the depth and punch needed for an international trader to survive in the LNG business. Click on Details for more
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For reference purposes the website carries here the following tenders: 8Procurement of Hydrocarbon Valves Details 8Manufacturing and Supply of HP DEF in 20 Litre Packs Details 8Expression Of Interest for Supply of around 511 Crore Litres of Anhydrous Denatured Ethanol at Oil Marketing Companies Details 8Supply of various sizes of Ball valves for various LPG Plants Details 8Procurement of Check Valves Details 8ARC for anti foam for DCU as per specification Details 8Hiring of Consultancy Services for Performance Evaluation and Benchmarking for All Employee Welfare Trusts Details 8Hiring of services for supply & replacement of valves Details 8Hydro Testing of Pressure Vessels on rigs Details 8Procurement of Manila Rope Details 8Procurement of skid mounted chemical injection systems for B&S Asset Details 8Civil Works for GTC Rig Operations Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India shaken by Saudi attacks, but oil is in control Details 8IOC’s Loni terminal to be ready with BS-VI grade fuel by Feb 2020 Details 8Fuel prices hiked for fourth straight day; highest one-day increase since Budget 2019 Details 8PM Modi to meet BP, Exxon executives to discuss investment opportunitiesDetails 8Petronet to sign $2.5 billion LNG deal with US developer Tellurian: Sources Details 8IOC eyes more US oil as India diversifies energy routes Details 8Modi's Houston visit may seal major energy deal Details 8India-funded oil refinery in Mongolia to be completed by 2022-end: PradhanDetails 8PM Modi meets CEOs from energy sector in US Details 8PM Modi's meeting with CEOs from energy sector 'fruitful': MEA Details 8'Howdy Houston', says PM Modi as he lands in energy capital Details 8Oil deals on cards involving energy PSUs during PM Modi's US visit Details 8Real crunch from Saudi Arabia's oil outage has yet to be felt Details 8Russia's Novak speaks to Saudi minister, says no change to oil deal Details 8Saudi attacks rattle shippers' plan to switch fuels Details 8Ukraine, Russia fail to reach gas deal for Europe but agree to meet again Details 8Shell, Exxon Mobil among groups to build 5 Pakistan LNG terminals Details 8Mideast tensions push oil prices toward biggest weekly gain in months Details 8Petronas to step up security after Saudi attacks, warns on oil price volatility Details 8Brazil's Petrobras confronts new foe: fuel thieves Details You can also click on Newsclips for moreDetails
8Rs 481 crore Ammonia-Urea Energy Saving Project: Get a progress report on it, with commissioning set for February, 2020. Click here for more details 8Rs 75 crore SSP-Sulphuric Acid & NPK Fertilizer Expansion Project: Environment clearance delayed, RFQs delayed as a result Click here for more details Available only through www.indianfertilizer.com.Details
ONGC's Jairampur Extension exploratory drilling programme in Arunachal is going as scheduled 8Completion is expected in Q2, 2020 8A development plan will unfold subsequently Click on Details for moreDetails
The workover rig EOI elicited a good response from give leading industry players 8But the tender is expected only in January next year Click on Details for moreDetails
For reference purposes the website carries here the following tenders: 8Project Management Consultancy Services for execution of Rajasthan Refinery Project Details 8Supply of Allot Steel/ SS Pipe and Fittings Details 8Procurement of Mak Multiplex CS2 Grease Details 8Hot Tapping jobs at Refinery and Off Site Details 8Testing & Certification of EOT Crane, Hoist and Lifting Tools and Tackles Details 8Inspection & certification of Pressure vessels under GFR rules & PSVs under SMPV rules Details 8Deployment of IBR team at CPP for three years Details 8Hiring of Integrated Seismic Job Service and Shot Hole Drilling Services for 3D-3C Seismic Data Acquisition Details 8Supply of Water for Hydro Fracturing Jobs Details 8Procurement of Spares for HTC Compressor Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Uttarakhand: ONGC, THDC yet to pay taxes amounting to Rs 1,111 crore Details 8UP: IGL gets city gas licence for Hapur Details 8Fuel prices increase for the third straight day on Thursday Details 8Karnataka: Residents of Hubli, Dharwad to receive PNG connections this year Details 8Volatile oil prices potential risk to CAD: RBI Governor Details 8Sharp rise in crude oil prices impacts yarn cost in Surat Details 8Uttarakhand: ONGC, THDC record over Rs 1,112 crore dip in advance tax collection Details 8Saudi Oil Min assures Pradhan of meeting all supply commitments Details 895% coal, oil-driven industries switched to CNG in 3 months: Delhi govt think tank Details 8Mitsui looks to sell 40% stake in Australian BassGas project Details 8OPINION: Saudi Arabia draws down oil stocks to maintain supply after attack Details 8IEX board approves setting up of gas exchange Details 8Impact of Saudi oil outage on crude, product markets Details 8China's top shale gas field Fuling to pump record 7 bcm in 2020 Details 8Eni, Total join for another gas search license off Cyprus Details 8Oil prices rise as Saudi supply risks come into focus Details 8Iran foreign minister warns of 'all-out war' if hit for Saudi attack Details You can also click on Newsclips for moreDetails
Efforts have been initiated within the government of India to whittle down the long term contract prices for gas. 8There is a clear change in the stand of the government from what it was earlier. Click on Details for more
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Mecon is one public sector company that oil & gas companies can trust to execute projects 8It is a PMC is many projects, particularly pipelines 8It is also in the LSTK space in a few instances Click on Reports for more
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Baker Hughes is getting a subsea umbilical ensconced in a steel tube which is a 13.2 km long along with associated hardware manufacturered in Panama City Florida for lowering into the KG-DWN-98/2 in order to get first gas out of the block by December. 8"It is a fine piece of engineering," a company source told this website Click on Details for more
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An industry body, hit by the ongoing slump, has called for the renegotiation of long term LNG contracts with Qatar. 8Qatari LNG is around 57% more expensive than "current gas prices", the body has claimed. Comment:It is time for stakeholders to start looking at renegotiation. For this slump is not going to go out any time soon. Spot prices are expected to stay low right up to 2021. And with crude prices unlikely to fall during this period to levels lower than what prevails now, long term LNG prices, indexed to oil, are not likely to fall fast enough to plug the spot vs. contract price differential. So the gap will stay and the clamor from units on long term gas supply contracts for lower prices is likely to get more strident over time. Click on Reports for moreDetails
Flush with cash Indian Oil Corporation Ltd is planning a Rs 2000 crore continuous polymerization textile project 8It is a diversification away from IOC's core activity. 8There is progress in the project 8RFQs are ahead Click on Details for more.Details
Process Air Compressor Greenfield Project 8Cost - Rs 347 crore 8Project Event: LSTK contractor bids are under process, and the finalization date has been moved to October instead of September. Click here for more details Ammonia-Urea Energy Saving Project 8Cost - Rs 262 crore 8Project Event: The purchase of a long lead item is ongoing, the installation of HRSG has been completed and GTG is under process. 70 % of installation work has been completed at the site, commissioning is likely to be done at the end of 2019 Click here for more detailsDetails
A seismic data process contract was recently awarded by ONGC 8Shearwater Geoservices had acquired this offshore data 8The processing contract was awarded recently Click on Details for moreDetails
It is was a Rs 100 crore offshore platform revamp job. 8And big EPC companies ignored the job 8Eventually it was awarded to a smaller compamy at a bid price lower than the estimated amount. 8Mechanical and instrumentation works for the project are expected to start by the next month. Click on Details for more Details
We continue our build up of new OALP blocks in our project monitoring software for continuous future business opportunity updates. The key contact database with each projects provides our clinet with a first mover advantage. 8Here are an additional two blocks, where seismic survey and data processing RFQs are out 8Next, EIA services will be needed before other plans are firmed out. Click on Details for moreDetails
For reference purposes the website carries here the following tenders: 8Gas Sale from Kanjirangudi & Palk Bay Shallow Fields of Ramnad Details 8Procurement of Pressure Transmitters, Temperature Transmitters and Differential Pressure Transmitters Details 8Air Compressors for BOP Accumulator Units of Work Over Rigs Details 8Job of replacement of Horizontal Acid Storage Tanks Details 8Hiring including Operation and Maintenance of 62.5 KVA Diesel Genset for CBM Asset Details 8Installation of above Ground GI Pipes and associated works Details 8Contractor Operated Depot for storage of Lubricants Details 8Procurement of Spare Smart Positioners for refinery Details 8Hiring of services for Operation and Maintenance of Makum Gas Compressor Station Details 8Providing Experienced Technical Manpower for various Pipeline Projects Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Vedanta Cairn Oil and Gas to invest Rs 2,142 crore in RajasthanDetails 8Petrol, diesel prices: Indian consumers face the heat of drone attacks on Saudi oil facilities Details 8Essar to double CBM gas production to 1 mmscmd Details 8Now, prisoners to run fuel stations in Kerala Details 8Why oil shocks don't bother India as much now Details 8UP CM, Union petroleum minister lay foundation stone of biofuel plant in Gorakhpur Details 8Oil prices settle after turbulent week as Saudi Arabia reassures on output Details 8After Russia, US hints at oil for India on concessional terms Details 8Diversification must for oil security Details 8Vitol and Mozambique's state oil firm form trading joint venture Details 8Exxon Mobil seeks to sell Australian Bass Strait oil, gas assets Details 8OPINION: Hedge funds turned bullish on oil before Saudi attacks Details 8Venezuela slows oil output, blending as stocks mount - sources, data Details You can also click on Newsclips for moreDetails
The LSTK contracts for the coal-gasificaition-cum-petcoke syngas plant coupled with an ammonia-urea complex have finally been signed with Chinese EPC contractor Wuhan Engineering Co Ltd. 8The cost of the project is massive Rs 13,277 crore. 8This is the contract largest award to a single Chinese company, and signals a thaw in the relationship between the two countries, after there was a cooling off soon after Section 370 relating to J&K was abrogated. 8The cost of urea is going to be more than Rs 30,000 crore per tonne, about Rs 5000 more than average cost of manufacturing or importing urea into India. The extra subsidy bill will be footed by the government of India under the urea retention pricing system. 8L&T had contested the award of the ammonia-urea plant to Wuhan but that was set aside. Comment:The signaling is unambiguous. The decks are being cleared for the meeting between Chinese President Xi Jinping and Prime Minister Narendra Modi in October. This also sends an unwritten signal to the oil & gas industry, particularly public sector companies that Chinese companies can do business in India. The point to note is that India needs good EPC companies in the oil & gas space. Except for a handful of domestic EPC players, and a few multinationals, this space can be captured by Chinese players who have now acquired both depth and experience. Click on Details for more
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It is a Rs 1800 crore oilfield development The following RFQs are expected 8RFQ for the hiring of an EIA consultant is expected by December 2019. 8RFQ for the hiring well logging, slick line, and wireline services is expected by March 2020. 8RFQ for the hiring of an EPC Contractor for the pipeline is expected by Q2 2020. Click on Details for moreDetails
It is a multi-well development programme 8The equipment required will be drill pipes, casing pipes, drill bits, x-mas trees, blow out preventer, drilling services, cementing services and drilling fluid services. 8Workover rig and drilling bids are under processing Click on Details for moreDetails
Public sector BHEL is likely to emerge as a formidable contender for rig contracts going ahead 8It is cutting costs and quoting low to emerge victorious in what is a competitive market Click on Details for more
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For reference purposes the website carries here the following tenders: 8Supply of 1200 SCMH Gas Driven Online Compressor Details 8Provision of Electrical and Automation Works Details 8Contract for Group Insurance Coverage Details 8Design, Supply, Installation, Testing & Commissioning of PIDS in DUPL Section Details 8High purity Inert Alumina ball as per specification Details 8Supply of Studs with Nuts Details 8Supply of 450 SCMH Electric Motor Driven Hydraulic Booster Compressor Package Details 8Annual Rate contract for Maintenance of Colony Gas pipelines for a period of three years Details 8Procurement of Crossovers Details 8Procurement of Liquid H2S Scavenger Details 8Three Years Annual Maintenance Contract for Shut down Valves at Offshore Platforms Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Saudi oil attack: Petrol, diesel rates may increase by Rs 5-6 Details 8Petrol, diesel price see steepest hike since Budget, govt says concerned after Saudi attack Details 8No effect on oil supply in India following attacks on Aramco centres: Pradhan Details 8India looking to raise oil imports from Russia: Oil minister Details 8ONGC to invest Rs 4,254 crore to drill 656 wells in GujaratDetails 8Saudi Aramco offers alternative crude oil grade to Indian Oil Corp Details 8Share market update: OMCs trade in the red; HPCL, BPCL among top losers Details 8Indian Oil Corp seeks LNG cargo for second half of October delivery Details 8India's strategic petroleum reserve levels at 55% capacity Details 8HPCL chairman says petrol, diesel prices to rise if crude price stays high Details 8Russia's largest petroleum firm Rosneft to increase investment in Nayara Energy projectDetails 8Oil minister Pradhan meets Rosneft CEO, discusses buying Russian crude Details 8ONGC fined Rs 2.05 crore for green norm violation in Assam Details 8India signs pact expressing interest in taking stake in Far East Russian oilfields Details 8Saudi Aramco to delay some of PetroChina's October oil loadings Details 8Azerbaijan cuts forecast of oil shipments via Russia to 825,000 T in 2019 Details 8China may not enact ethanol fuels mandate amid corn supply concerns Details 8Opal pipeline complies with order to curb gas flows, reviewing next steps Details 8Saudi-led group reinstated as builder of Bulgaria gas pipeline Details 8Saudi Aramco trading arm pursues oil products after attacks Details 8Saudi oil output to recover in two or three weeks after attack: Sources Details 8Oil slips after Saudi Arabia says to restore output but risks remain Details You can also click on Newsclips for moreDetails
CGD companies have been forced to fight a dogged battle to ensure that their customers are not weaned away by pipeline operators and E&P companies. 8The industry is waiting the outcome of a few test cases to find out how far regulators will go to ensure this Click on Details for more.
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Virtual gas pipelines to cater to areas which are ill served by pipeline gas are now coming up rapidly 8Some of these trucks are traveling as many as 1600 kms to deliver their loads to city gas distribution companies which do not have pipeline links 8Every LNG terminal owner has put together plans to deliver LNG via trucks 8Find out more on the plans by both private and public sector operators to deliver more LNG by truck going ahead. Click on Details for more
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With most OIL and ONGC projects, equipment such as BOPs, casing pipes, Xmas trees, company owned rigs, cementing units are centrally procured or requisioned. There will be master tenders for them from head office (which we also follow independently) The point to note is that there are some field specific requirements and these are essentially production facilities, integrated drilling requirements, frocking services (sometimes) etc Our emphasis therefore will be on field specific requirements in our project monitoring software 8Here is one Rs 2761 crore field development plan 8RFQ for EPC contractor for production installation and the pipeline network is expected by Q1 2020. Click on Details for moreDetails