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Oct 2018

CSR work done by oil companies is mostly ad-hoc in nature
8Public oil sector companies can do a lot of CSR based power but the money is siphoned away from large CSR budgets in large government-sponsored programmes.
8Can a theoretical approach be applied for such CSR based projects, in terms of where and how to implement them, and how to measure progress?
8The answer is a "yes", based on modeling done on one such project
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What are the most important issues grappled by CEOs of oil & gas sector worldwide?
8What are their views on advancing technologies and how their companies are going to evolve in the future?
8Can Indian CEOs derive some capital out of these finding?
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Indian cooling energy demand is expected to double by 2027
8But significant energy and emission savings are possible
8Can gas play a role in the cooling industry?
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A new wave of mid-sized LNG plants are headed towards capital approval
8These are based on different technological platforms
8Also find out how two new LNG projects will make a difference to India
Know more click on Reports  . Details
The DGH is attempting to find a sole expert to arbitrate on unfinished work programmes
8But finding an expert is not that easy
8Find out more on where the search is headed and what kind of challenges he will up against
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Roorkee IRD Details
8Block Chain based smart contract for a Lump sum Turnkey (LSTK) project Details
8Real-time Monitoring and Analytics of Onshore Oil and Gas wells using Wireless Devices Details
8EOI to set up a Power Generation Unit like Micro Turbines and evacuate the power to the nearest Pooling Substation Details
8Supply of Urea based-Dry Chemical Powder Details
8Supply of Pipe Seamless as per specification Details
8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Haldwani IRD Details
8Procurement of Conveyor System Details
8Providing Civil Works at Anantapur LPG Plant Details
8Laying of Pipeline and Associated Works for Pipeline Project Details
8Corrigendum: Bid Document for the Civil Works for Bareilly Details
8Supply of PSV for Steam Services as per Specification Details
8Selection of Contractor for Supply and Installation of Port Craft Jetty Fender Panels and its accessories Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Fuel prices hiked again, petrol being sold at Rs 82.72 per litre in Delhi Details
8EXPLAINER: Why India wants investors to fill its caves with crude oil Details
8Stubble burning adversely affects health: Indian Medical Accoc President Details
8Total in talks to buy stake in Adani's LNG, city gas projects Details
8IOC, ONGC, Oil India may buy back shares worth Rs 10,000 crore Details
8PM Modi to brainstorm oil scenario with global CEOs Details
8Global crude oil demand is cooling; don't expect prices to follow Details
8High prices start hitting fuel demand, sales of diesel & petrol contracts in September Details
8Oil prices rise amid Saudi tensions, but demand outlook drags Details
8U.S. Gulf of Mexico oil and gas output returning to normal post storm Details
8European diesel car sales plummet amid concerns over pollution Details
8British firm Cuadrilla's shale gas fracking plan delayed by bad weather Details
8Speculators cut U.S. crude oil longs to one-year low -CFTC Details
8PM Narendra Modi reviews oil, gas production profile of ONGC, OIL Details
8India will continue to buy Iranian crude in Nov; payment mechanism to be worked out: S C Garg Details
8Fuel prices witness fresh hike: Petrol sold at Rs 82.48, diesel at Rs 78.51 per litre Details
8Global LNG: Asian spot prices fall as November cargoes offloaded Details
8U.S. Gulf of Mexico oil output down 32 pct from storm -regulator Details
8Protesters at three Libyan oil fields demand better conditions Details
8India targets oil traders for $1.5 billion emergency oil reserve Details
8Diesel price continues to rise, Petrol stagnant Details
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Ammonium Nitrate Greenfield Project      
8Cost - Rs 1750 Crore
8Project Event: The company is awaiting environmental clearance from the State Environment Impact Assessment Authority and there may be a slight delay in the project. The RFQ for EPC contractor is likely to be released in November in place of October 2018..
Click here for more information  
Ammonia-Urea Energy Saving Project     
8Cost - Rs 200 Crore
8Project Event: The RFQ for EPC contractor has been already released and technical evaluation is completed but price bid is not opened yet, finalization is due in November in place of September 2018.Tender for major equipment and services is likely to be released in December 2018
Click here for more information  
(You can access this site only if you are a subscriber to our website, www.indianfertilizer.com) Details
After a failed attempt, GSPC will try and make a pitch again to sell some of its Cambay blocks
8But there are some blocks which it will not want to sell
Find out more Details
8The owner is planning to float a bid for for equipment and materials for under a compressor station turnaround
Click on Details for more, including key contacts Details
Project Name: Hydroelectric Greenfield Project
8Project Cost: 1150 crores
8Project Description: Owner along with an EIA consultant was accorded the environmental clearance in a 105 MW greenfield hydroelectric power project. The project is getting delayed due to pending techno-economic clearance from the CEA. The forest clearance is also outstanding at the state forest department. Further RFQs are expected soon.
8Project Event: RFQ for supply and erection of civil works and H&M works are expected by the Q1 2019.
8Expenditure Approval: Q1:2019
8RFQ Date: Q1:2019
8Release Date: Q1:2019
8Start Date: 2020
8Completion Date: 2025
 Click here for more information
8Project Name: Thermal Power Plant - Dismantling Project 
8Project Cost: 210 crores
8Project Description: The Supreme Court of India mandated to shut down the owner's 850 MW operational thermal power plant with the commissioning of 400/220 kV sub-station. The sub-station will take the load off the TPS. The high-level committee of the owner is in discussion to dismantle the whole plant. Moreover, plans to implement a solar PV plant is still under a shadow. Further bids are expected soon.
8Project Event: RFQ for dismantling services of various equipment is expected by the Q1 2019.
8Expenditure Approval: Q4:2017
8RFQ Date: Q1:2019
8Release Date: Q1:2019
8Start Date: Q3:2019
8Completion Date: Q3:2020
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(These links can be accessed only if you have access to our website, www.energylineindia.com) Details
Owner plans a work contract for LT motors in an 840 MW thermal power station.
8Click on details to know the key contacts Details
Oil India Ltd is going to go through the EPCM instead of the EPC route for a Rs 100 crore gas power plant
8A consultant is to be appointed soon
8RFQs for a EPCM contractor will follow suit after the consultant works on the techno-economic parameters
8Completion date is Q4, 2020
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Cairn India claims it is implementing the world's largest polymer flooding programme in its Barmer block
8Currently, only the Mangla field is undergoing polymer flooding operations
8The Bhagyam and Aishwariya fields are in initial stages of implementation.
8Find what more on what kind of polymers are being used, and when is there going to be more demand for polymers going ahead
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Iran is evolving a strategy to beat US sanctions
8The strategy is centered around very heavy discounts on their crude
8Also know more on why China or even Russia is ahead in the game with Iran than India on how to overcome US sanctions which become effective from next month
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Everyone is talking about Industry 4.0. And that is the digital transformation of today's business enterprise
8There are many steps to the transition, and it goes well beyond getting automation tools inserted into desktop applications
8Moving onwards to mobile field applications will be a step forward
8But beyond that, there are 10 other different sets of transitions that an enterprise will have to go through
8How to strategize and achieve this transition will remain the big challenge for an enterprise going ahead
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The LNG demand-supply curve convergence and subsequent diversion is a source of constant speculation.
8Find out what is the latest data on the subject.
8Find out what is the time gap between capital approval and delivery time for new LNG arrivals.
8Also know more why LNG imports will grow at a much faster pace than India.
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Fleet utilization rates in the shipping industry are likely to go up as companies slow down speed in order to absorb higher fuel prices
8The website carries here a cart between optimal speed and fuel prices, as guidance for shippers
8For the industry, this is how the logic works: Slow steaming effectively reduces supply thereby improving global fleet utilization which correlates to higher rates.
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A spate of LNG terminals are coming up in the US and they use a lot of steel
8However much of the steel used in the construction of LNG terminals is specialty steel that must withstand extreme conditions. In some instances, there are no U.S. manufacturers certified (or they have limited capacity) to supply the necessary steel.
8The LNG industry is pitching for easing steel imports norms to help build these terminals.
8Find out how this will benefit Indian steel companies as the trade spat between the US and China deepens.
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ind out more on the progress made by the Rs 511 crore Jaipur-Panipat greenfield naptha pipeline project
8Essar project is the EPC contractor
8Future RFQs include hydrotesting and pre-commissioning work
8Horizonal directional drilling work was carried out in as many as 50 locations
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Note: This website tracks all future HDD requirements in the oil & gas sector for pipeline projects coming ahead Details
Newer 2G Ethanol competitors may take away some market share from Praj Industries.
8But the company, correctly, hasn't put all its eggs in just one basket
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Most observers are now predicting crude oil prices touching $100/bbl by 2019
8But there are a rising number of skeptics.
8Find out what they have to say
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With work on the TAPI pipeline progressing at a snail's pace, Turkmenistan is finalizing alternate ways to evacuate gas from its vast reserves
8The country is figuring out that depending only is China or on TAPI may be too risky
8Find out more on where is attention is focused now
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IOC's Koyali-Sanganer Product Pipeline augmentation project is expected to be commissioned in October 2019.
8Essar Projects is again the EPC contractor
8Welding and switchyard work jobs are coming up
8Line pipes have been delivered on site
Click here for more detail Details
ONGC is undertaking a Rs 300 crore oil field development project
8RFQs are coming out for wellheads and x-mas trees in Q-1, 2019
8The targeted depths of proposed wells shall be up to 3800m
8RFQ for the hiring cementing and wireline services are expected by Jan 2019.
Click here for more details Details
The new IOR/EOR incentive scheme is now in place
8The detailed policy framework is out
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Ammonia-Urea Energy Saving Project       
8Cost - Rs 200 Crore
8Project Event: The Basic engineering and Detail engineering have been done by KBR and Tecnimont. Erection of NG lines to reformer, boiler & dual burner for auxiliary boiler has been completed. The purchase of a long lead item is ongoing. Land soil testing has been completed for the  200 MTPD LNG facility and civil construction is ongoing.
Click here for more information Details
Ammonia-II Front-end Boiler (EE-208) & Synthesis Converter Basket Replacement Project 
8Cost - Rs 100 Crore
8Project Description: A fertilizers company is planning to replace the Front-end Boiler (EE-208) & Synthesis Converter Basket in its ammonia-II unit in India .
8Project Event: The project is in the initial phase and RFQ for the supplier, erection and installation is likely to be released in Q2 2019.
Click here for more information 
(You can access this information only if you have access to our fertilizer website) Details
Project Name: Thermal Power Station - Installation of FGD
8Project Cost: 1050 crores
8Project Description: A JV company is evaluating pre-qualification bids of an EoI for installation of a wet limestone based flue gas desulphurization main package in a 1200 MW thermal power station. Also, the owner is on the lookout for financial institutions to fund the project. Further bids are expected soon.
8Project Event: RFQ for the civil works and design & construction of RCC chimney for implementation of wet limestone-based FGD is expected by November 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Nov/2018
8Release Date: Nov/2018
8Start Date: Q2:2020
8Completion Date: Q3:2022
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8Owner along with an EPC contractor is carrying out the mechanical completion activities in a 660 MW super-critical brownfield thermal power complex at the existing 1200 MW facility. 
8Boiler light up is expected in November 2018. 
8Tractebel Engineering Pvt Ltd has carried out the project engineering consultant works for implementation of an FGD. 
8The pre-bid meeting for the FGD was held on September 2018. 
8Major EPC contenders have been shortlisted in the technical bid.
8However, BHEL failed to qualify the techno-commercial part of the bid due to some issues regarding their technical parameters. 
8A price bid is expected soon.
8Project Cost: 9450 crores
8Project Event: RFQ for the price bid of the shortlisted contenders is expected by November 2018.
8Expenditure Approval: 2014
8RFQ Date: Nov/2018
8Release Date: Nov/2018
8Start Date: 31/Dec/2014
8Completion Date: Dec/2018
Click here for more information
(This link can be accessed only if you have access to our website, www.energylineindia.com) Details
Find out what happened
8Why was there a delay of three years?
8Know more on who won the contract
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply of Ultrasonic Flare Flowmeter Spares at refinery Details
8Supply of Gaseous Nitrogen thru Pipelines Details
8Supply of Gas Detector spares Details
8Procurement of Electronic Field Transmitters Details
8Expert Services of Temperature Sensors of smart Radar Gauges Details
8Supply, Installation and Commissioning of Biogas Plant in refinery Details
8Procurement of Control Valves-Angle Type for BS-VI Project Details
8Site Enabling Works for the project of Ethanol Production from PSA off gas of HGU at refinery Details
8Consultancy Services for Replacement of DHDT Breach Lock Exchangers at refinery Details
8Supply of Nickel Passivator Dosing Skids Details
8Supply of Partially Hydrolised Polyacrylamide Polymer for EOR Application for Rajasthan Block Details
8Procurement of Sucker Rods for Surface Team Details
8Hiring services of Hydraulic Trailers for transportation of Mud pumps Details
8Hiring of External Agency for Oil Spill Response Details
8Hiring of Services for one High Pressure Mobile Steam Generating Unit with Operating Crew Details
8Procurement of Liquid Nitrogen Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Fuel prices continue to soar: Petrol at Rs 82.36, diesel at Rs 74.62 per litre Details
8Aviation turbine fuel price cut by 2.6%; to cost less than petrol, diesel Details
8OPEC's Barkindo worried about spare oil capacity as investment falls Details
8PetroChina plans full operations at LNG terminals this winter Details
8OPEC's Barkindo says oil market well supplied Details
8OPEC Sec-Gen questions 'misguided' renewables debate after climate report Details
8Commissioning of Russian-supplied nuclear reactor in Finland likely to be delayed Details
8ONGC Videsh sells December Russian Sokol crude at lower premium after exports rise Details
8We will take care of countries that will continue to buy oil from Iran after Nov 4: Trump Details
8Oil firms suffer Rs 120,000 crore erosion in m-cap in a week on rollback of fuel price deregulation Details
8Tough CO2 targets could cost 100,000 jobs: Volkswagen chief Details
8No compromise on CAD, no going back on oil sector deregulation: Subhash C Garg Details
8Govt will not ask OMCs to further subsidise petrol, diesel prices: Official Details
8IOC to invest Rs 5,463 crore in city gas network in 7 districts Details
8Big Oil still reluctant to open spending taps: Goldman Details
8Oil prices hold ground, but set for 4 percent weekly fall Details
8U.S. Gulf of Mexico oil output cut by 40 percent on Hurricane Michael -BSEE Details
8Government lists projects won by Anil Ambani under UPA's watch Details
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Owner plans an AMC for HT/LT motors at the switchyard in a 500 MW thermal power station.
8Click on details to know the key contacts Details
(The website has started a Bulletin Board, in which topics of interest will be discussed and comments made. Go to the Bulletin Board button to air your views on this subject)
The fact that India has not elicited a single response from a foreign company to its recent exploration rounds is, ironically, a cause for quiet celebration in some quarters of the E&P industry. There is a certain lobby, led now by BP's India head, Shashi Mukandan, which has subtly yet successfully created the perception that successive governments and their policy formulations are to blame for "scaring away" foreign investments.
8This argument is motivated by a simple rationale: BP is the last surviving foreign E&P investor of any significance in India whereas all others have abandoned ship. The subtext, which is more nuanced and is meant to keep the government under pressure, is that all road blocks, if any, that stymies BP in any manner in India should be cleared as quickly as possible. The undertone is that if BP is miffed, it will send the wrong signals to the international community. With just one foreign investor to deal with, the government finds itself on the defensive when it comes to dealing with the multinational.
8The oil & gas lobbying in the corridors of power in New Delhi is often very intense, and it is easy for policy makers to succumb to pressures. BP, partners with RIL in the KG Basin, and both often work in concert in putting the government on the mat.
8Immense pressure was put on Shastri Bhavan to break up GAIL into its trading and transmission divisions, which would have made it easier for the RIL-BP combine to access the Indian gas markets. To be fair to the petroleum minister, he resisted the temptation to do so after a point. He figured out quickly enough that gas trunk lines -- like the one from Jagdishpur to Haldia and to his home state would never have been constructed if GAIL was left weakened. More trunk lines have to be built across the country in an environment where the IRR will be uncertain or even negative, and GAIL is the only company which will build them. Then again, will the price of gas be cheaper if GAIL is divided up? Not really. Gas prices in India are determined by the price of LNG over which India has little or no control. Pipeline tariffs are set by the PNGRB. All that GAIL can do is charge a higher marketing margin but such are pressures of a demand-driven market that usurious margins will never be tolerated. If GAIL is accused of misusing its monopoly, the promoters of the privately built East-West pipeline have had to occasionally fend off charges of gross overcharging as well.
8BP is an immensely powerful global company. International arbitrations -- such as the one that accuses BP-RIL of siphoning away $3 billion worth of gas from an adjacent ONGC block in the KG Basin --  is meant to be adjudicated by an independent bench and yet allegations were flung that one of the names meant to chair one such arbitration had links with BP. Eventually, the BP-RIL combine did win the award. The ruling also said that the government must also pay back the fat arbitration fees that BP-RIL duo incurred during the battle.
8Lobbying is a complex art and no one has mastered it better than BP. The multinational currently works in 72 countries and understands all very well how to control or persuade governments to do its biding. Once the award was announced, questions were raised in the corridors of power on the futility of opposing it. It would send the wrong signal to the investing world, it was silently argued, at a time when India was pushing for easier ways of doing business. The rule of international law would have no sanctity, the argument went.
8The government has done well in standing its ground, using all its legal prowess to challenge the arbitration order. And it really does not have anything to fear. Despite all the tall talk, BP's current investment in the KG Basin is not in billions of dollars. It is a mere $600 million, about the cost of a medium sized onland development programme of ONGC. The BP-RIL investment is modular in structure, after an initial $2 billion pump-in by the two partners (BP has a 30% stake), the proceeds of gas sales will be used to scale up the investment subsequently.
8The Indian government does not need to be apologetic if no foreign investments have come in during the new exploration rounds. This may well be because Indian sedimentary basins are not as prospective as others around the world at this point in time despite an enabling regulatory framework.
8Yes, some of the largest E&P companies in the world, from Shell to Total to Gazprom to BHP Billiton to ENI have tried their luck in India and all them went back without any success. But there is no reason for anyone to feel guilty about their departure. These companies dug ( or tried to) for oil, they did not find it, so they left. It is as simple as that. To put the blame on faulty policies is nothing but a facetious attempt to divert the debate and score a few brownie points.
8There is yet another point to note. BP is in India because it is compelled to do so. Having spent over $8 billion in India, its return on investment is highly negative. BP shareholders are going to raise a stink if they just pack up and leave, as they would have had, had they not sunk so much money into the frothy waters of the Bay of Bengal. Eventually, BP is unlikely to recover its investment but it must put up a facade that it would.
8Finally, India is too large a country for anyone to ignore. Fresh business development teams have been brought in recently by the likes of Exxon Mobil and Shell to New Delhi and Mumbai to tap India's vast potential. Others multinationals will follow suit. And if BP were to occasionally throw a tantrum, the advisory to the government will be to just ignore it Details
Praj Industries had a first mover advantage with its indigenously developed 2G ethanol technology
8Not any more it seems.
8Newer more resourceful entrants have entered the field, enticed by the government's plans to build 12 2G EtOH plants by 2022
8Find out more on how the field is getting populated quickly
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Is the Indian government pushing the 2G ethanol case a little too vehemently?
8The technology reported remains unproven still in being able to solicit a positive return
8Feedstock use is unproved and availability is not guaranteed
8Additionally, advanced biofuel platforms have not yet been commercialized at scale in North America and Europe despite a decade of support schemes, (and despite proven success at building large markets for conventional or first generation biofuels).
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There is some consternation in ONGC over the manner in which work centres are confusing between service contracts and LSTK contracts
8Material supply is usually laced with a service element and this is what leads to a fair amount of confusion over whether the dub the contract as LSTK or a service contract
8Find out more on how the company is sorting out the issue
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Air compressor manufacturers are now coming out with more flexible ownership plans
8Maintenance plans are also being custom built, centered around the client's requirements
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GAIL CMD B.C. Tripathi had sought a change in the merit order dispatch system for power in India's electricity grid.
8His pitch was for differentiating between high emission emitting coal-based power low emission gas-based electricity.
8Clearly, gas-based power, with bulk of it now going to be benchmarked to the landed cost of LNG, is not in a position to compete with coal based power unless emission is factored into the calculation.
8Know more on the detailed set of calculations that the GAIL chairman had taken into account while making his pitch.
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The order of the Competition Commission of India (CCI) in the South Asia LPG (SALPG) case was significant as it lays down a clear future policy framework
8The ruling will clear the ground for access to indispensable infrastructure to enterprises that cannot compete without such access
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Find out more on why India has gone from the top of the pile to the bottom among better performing emerging countries in a recent assessment by a global bank.
8It is now in the most disliked list
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The surge of VLCC rates last week brought a long-anticipated sentiment boost in the crude carriers market that has had a challenging year so far.
8Despite the fact that rate-wise the rest of the sizes have yet to enjoy similar upside, psychology among owners has definitely improved, with expectations for a healthier last quarter finally seeming realistic.
8This good news indeed for the crude carrier industry
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8Project Name: Ennore POL Terminal Expansion Project 
8Project Cost: Rs 68 crore
8Project Description:  Bharat Petroleum Corporation Limited (BPCL) is planning to expand its an existing POL terminal from its existing capacity of 117035 Kilolitre to 157479 Kilolitre.Ultra -Tech Environment Consultancy & Laboratory for pre-feasibility studies. BPCL's TOR was rejected due to the submission of incorrect mapping configuration for clearance. The modification has now been done and BPCL has reapplied for the TOR on 4th October 2018. so a delay has occurred in the selection of EPC contractor. Further RFQs are expected soon.
8Project Event: RFQ for the EPC contractor is expected by December 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Dec/2018
8Release Date: Jan/2019
8Start Date: Q1:2019
8Completion Date: Q2:2020
Click here for more details Details
DAP/NPK Greenfield Project      
 8Cost - Rs 300 Crore
 8Project Description: In order to widen its products portfolio and to diversify from Urea manufacturing, a fertilizer company intends to set-up a DAP / NPK plant with a capacity 1250 MTPD in India in collaboration with HMEL. HMEL is a joint venture company of HPCL and Mittal Energy Limited, having 48.8% stake each along with 2.4% stake by Financial Institutions.
 8Project Event: A consultant has been selected for the preparation of Techno-Economic Feasibility Report. Based on the feasibility report of PDIL, future action shall be planned. The RFQ for the EPC contractor is likely to be released in Q1 2019
Click here for more information
(This information can only be accessed if you have access to indianfertilizer.com)
 Details
For reference purposes the website carries here the following tenders:
8Supply of Plant Communication System for HSVR Project in refinery Details
8Supply of Various Equipments for Advanced Bio Fuel research Details
8Deplugging of Black Oil Pipelines Details
8Supply of Methyl Di Ethanol Amine for refinery Details
8Rate contract for Calibration, Testing and Replacement of Instruments on offshore rigs Details
8Carrying out Miscellaneous civil work during drilling operation at drill site Details
8Procurement of Liquid N2 for a period of 3 years Details
8Procurement of BOP control units with PLC Remote Control Panel for Drilling Services Details
8Procurement of Ti Tube Exchanger Bundles Details
8Supply of Industrial Process P/L Valves Details
8Expression of Interest for manufacturing of various chemicals in India Details
8ARC for Instrumentation Maintenance Jobs of GREP-HRSG and LPG Plant Details
8Hiring of Services for Laying of Gas pipeline Details
8Hiring of Manpower Services on Call-out Basis for Rajasthan Project Details
8Procurement of CNG Filling Hoses for Dispenser for City Gas Distribution Project Details
8Procurement of CS Pipe Line Locator for City Gas Distribution Project Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Hurricane Michael shuts over a third of US Gulf of Mexico natgas output Details
8PetroChina plans to open first Indian office in Mumbai: Sources Details
8Inflation likely rose to RBI's 4% target in September: Poll Details
8Saudi Arabia to supply about 4 million barrels of extra oil to India in November: Sources Details
8Oil minister Pradhan lays foundation stone for Odisha’s first 2G bio-ethanol refinery Details
8Bhilai Steel Plant blast: CEO removed, two other officials suspended Details
8Dalian coke rises 4 per cent as coal hub to cut output Details
8World's biggest traders see oil at $65-$100 a barrel next year Details
8Cost of climate-linked disasters soars: United Nations Details
8Dividend cut from oil firms unlikely; government to meet disinvestment target, says Economic Affairs Secretary Details
8Cutting India’s dependence on middle-east oil: 60% more oil lifted from Colombia, Ecuador to increase supply too Details
8Modi govt drowns ONGC in debt to save Gujarat’s GSPC, employees rise up in protest Details
8Oil output drops 3.3% in April-August Details
8Diesel price hiked across country, petrol remains stagnant Details
8Talos Energy eyes possible tie-up with Pemex next year for Zama find Details
8Oil dips as IMF lowers global growth outlook; eyes on U.S. hurricane Details
8Rosneft subsidiary Yuganskneftegaz records highest daily oil production Details
8Bhilai steel plant blast: Families of victims to get compensation of Rs 30 lakh each Details
8Ex-U.S. energy head Moniz halts Saudi work over journalist's disappearance Details
8Excise duty on Aviation Turbine Fuel cut from 14 per cent to 11 per cent Details
8ONGC plans to buy 27 rigs for up to Rs 3,500 cr Details
8Indo-US nuclear deal helped fuel domestic power plants, gave India access to critical tech: Experts Details
8U.S. natgas output, demand seen rising to record highs in 2018: EIA Details
8Government cuts excise duty on Aviation Turbine Fuel to 11 per cent from 14 per cent Details
8Saudi Arabia to supply extra oil cargoes to India in Nov as Iran sanctions loom Details
You can also click on Newsclips for more Details
8Project Name: POL Depot Expansion Project
8Project Cost: Rs 23 crore
8Project Description: Bharat Petroleum Corporation Limited is planning to expand the storage capacity in another POL depot from 93125 KL to 21756 KL by installing 2 new tanks of High-Speed Diesel 8917 KL each and one tank of 2900 KL for storage of Superior Kerosene Oil. Ultra Tech was hired as an EIA consultant currently, the surveying work is going on and waiting for the environment clearance. Further RFQs are expected soon.
 Major equipment required are: Main Pumps, Jockey Pumps, Compressors, Radar level Gauge, Indicators, Tanks, Mounded Vessels, Filters, Separator, Hoses, Pipes, PLC, SCADA, Shutdown Valves.
8Project Event: RFQ for the PMC contractor is expected by January 2019.
8Expenditure Approval: Q1:2018
8RFQ Date: Jan/2019
8Release Date: Jan/2019
8Start Date: Q1:2019
8Completion Date: Q4:2019
Click here for more details Details
8The need is in the Vijayour-Dadri section of the pipeline
Other jobs will be combined with this work
Click on Details for more information Details
Oil India Ltd has been quick to get down to work in its recently acquired OALP block in the North East.
8An outlay of Rs 500 crore is anticipated
8A hunt is already on for seismic survey company
8By Q-1, 2019, a consultant will be sought for data acquisition and seismic analysis
8Exploratory drilling programme will however follow after a time gap
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OIL's extended reach drilling programme for a 7-well exercise has been delayed due to lack of wildlife clearances
8But a go-ahead is expected soon
8Tunneling is to be done under the Brahmaputra.
8In that sense, given the size of the river, it will be unique onland-offshore drilling experience.
8Project Event: RFQ for hiring drilling rig is expected by Q1 2019. An RFQ will also be out for well-logging services around the same time.
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ONGC's blacklisting procedures are such, that when a company is put on holiday, it can continue to bid for items other than those for which it has been blacklisted, it seems.
8It happened with Halliburton, which has been blacklisted from participating in tenders involving drilling bits because it forged the data but it continues to tender for all other products and services that ONGC tenders out
8What is more, blacklisted companies can happily bid in tenders floated by JV partners, in which ONGC is a partner
8A case at point is the award of a tender by the ONGC-Cairn JV for the Nagayalaka oil field for supply of downhole equipment to a blacklisted company
8The logic, however, is that the company was banned for the supply of ERD and PBR packers and not for downhole equipment
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Project Name: Ultra Mega Thermal Power Project: Implementation of De-NOx
8Project Cost: 2450 crores
8Project Description: A subsidiary company is planning the implementation of a De-NOx abatement system at its existing 2400 MW ultra mega power plant. Currently, a bid for project engineering consultant has been floated for pre-order activities, detailed design, review engineering and all the systems required for the proposed De-NOx system. Further bids are expected soon.
8Project Event: RFQ for supply, transportation, construction and commissioning of a De-NOx system is expected by the end of October 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: 26/Oct/2018
8Release Date: 28/Oct/2018
8Start Date: 2020
8Completion Date: 2022
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8Project Name:  Thermal Power Plant: Renovation & Modernisation Project       
8Project Cost: 3 crores
8Project Description: National Thermal Power Corporation Limited is getting delayed in coming out with RFQs for the supply of a new screw air compressor in place of its existing old reciprocating instrument air compressor in the Stage-II plant in its 3000 MW thermal power complex due to decision pending at the Western Region headquarter of the owner. A further bid is expected soon.
8Project Event: RFQ for supply, erection, and commissioning of a new screw air compressor is expected by the November 2018, instead of May 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Nov/2018
8Release Date: Nov/2018
8Start Date: Q1:2019
8Completion Date: Q2:2019
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(This link can be accessed only if you have access to our website, www.energylineindia.com)
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After the initial splash at funding start-ups in the oil & gas space, public sector oil majors seem to have gone quiet on this front
8Finding winners to back in this complicated business is too much of a bother.
8Is the business model all wrong?
8Should they take lessons from global peers, who are making really good progress seeding start-ups without spending a lot of money?
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