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Oct 2019

PFH Oil and Gas is headed by Harsh Poddar and has three DSF blocks with him
8Find out what is he up to
Click on Details for more Details
What is the latest update on BPCL's Bina-Panki multi-product pipeline?
8The EPCM consultant is readying the specifications
8When are RFQs expected?
Click on Details for more. Details
For reference purposes the website carries here the following tenders:
8Hiring Services of Water Tankers Details
8Hiring services of 20 MT Crane Details
8Procurement of Electrical Panel of Well Services Details
8Design and completion of 4 x 500 MT Capacity Mounded Storage Vessels for storage of LPG Details
8Hiring EPMC Consultant for City Gas Distribution Project Details
8Coated Line pipe for Srikakulam Angul Pipeline Project Details
8Acquisition of 2-D seismic data in Kobochapori falls under Assam & Arunachal Pradesh Details
8Development of Digital Portal and Monitoring Dashboard for MOPNG – Phase 2 Details
8Procurement of DG Sets Details
8Supply of SS Valves Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Centre trying to 'surreptitiously sell' BPCL: Congress Details
8Raman Ojha succeeds Mansi Tripathy as country head of Shell Lubricants India Details
8Petrol, diesel prices slashed across the country today Details
8Reliance puts off gas bid to Nov 6 on bidders request Details
8Brazil authorities raise environmental concerns around oil auction Details
8Canada's Alberta moves closer to creating 'energy war room' Details
8Petrobras, Equinor tie up for natural gas projects Details
8China refiner issues $140 mln green bond to fund new capacity Details
8Several Asian refiners to get full Saudi oil supplies in November Details
8Oil prices rise as OPEC pledges decision on supply Details
8EIB to discuss end to fossil fuel lending at Oct 15 meeting Details
8Venezuela rejects Brazil accusations over beach oil spills Details
You can also click on Newsclips for more   Details
What is the latest status on Essar LNG terminal at Hazira
8Clearly, the location is advantageous and Essar's own steel mill and power plant will consume a large volume of gas from the floating-cum-onland LNG terminal.
8When are RFQs expected to come in Details
8The rig will start operations in Q1, 2020 in Mumbai HIgh
Click on Details for more Details
Progress has been made in the Rs 1500 crore 50-well development drilling programme in the East and West Godavari districts.
8A public hearing is slated ahead
8RFQs are also being prepared
Click on Details for more Details
8Jindal Saw has started onsite delivery of coated line pipes in this Rs 230 crore project
Get a status update here Details
With 5 LNG liquefaction projects reaching final investment decision (FID) so far in 2019, representing a record 63 mtpa, there is expectation that least another 10 mtpa of FIDs in the remainder of 2019 to balance growing demand post-2023.
8With 7 mtpa/month FIDed so far in 2019, record low LNG prices did not stop the industry going forward in addressing the post-2022 supply-demand imbalance.
Click on Reports for more on how prices may stay low longer than expected Details
What is the progress made by Atlantic Gulf and Pacific Company in setting up the I MMTPA Karaikal Floating Storage LNG Unit?
8It will have an offshore gas storage unit and an onshore regasification facility, accompanied by a LNG truck loading and pipeline transfer systems.
8The terminal is going to be strategically placed, right next to IOC's Ennore-Tuticorin pipeline
Click on Reports for more   Details
The outlook for the economy has a whole may be bleak
8Q2 earnings are expected to be tepid
8But not for the oil & gas sector
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Transportation of ATF Ex Mangalore Details
8Procurement of Bio-diesel Details
8Supply and Installation of Diesel Generator Sets Details
8Dismantling of Old Flare System at refinery Details
8Procurement of Centrifugal and Vertical Centrifugal Pumps for North Locations Details
8UPS System for Pipeline Project Details
8Hiring of services for Statutory Internal Inspection, Hydro Testing & Wet Calibration of LPG Mounded Storage Vessels Details
8Supply, Installation & Commissioning of Gas Analyser Apparatus/ Chromatographs Details
8Condition monitoring service rate contract for Drilling/ Work over Rigs & Workshop Equipment Details
8Integrated Shot Hole Drilling & Seismic Job Services for VSP seismic surveys to be carried out in Onland wells of Cauvery Basin and KG-PG Basin Details
8Hiring of services for repairing of Mud motors at Ankleshwar Asset Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8BPCL privatisation: Past challenges push govt to get fresh legal opinion Details
8Reliance to resume Venezuela oil loadings after 4-month pause Details
8Centre trying to 'surreptitiously sell' BPCL: Congress Details
8Investors get lost in Big Oil's carbon accounting maze Details
8China to prioritise fuel supply to 22 high-tech utilities Details
8Saudi Arabia assures world oil needs will be met Details
8OMCs Q2 earnings to recover after a dismal Q1 performance Details
8PetroChina's Kunlun Energy plans to repair Rudong LNG site by November Details
8Thai energy ministry sets March target to resolve Chevron dispute Details
8Oil prices drop as hopes for US-China trade progress wilt Details
You can also click on Newsclips for more   Details
8ONGC has initiated the process of hiring a third party inspection agency
Click on Details for more Details
It is a 37 well drilling programme
8Hiring of cementing, mud and wireline services coming up
Click on Details for more Details
Two events are anticipated
8RFQ for hiring an EIA consultant is expected by Q1 2020.
8RFQ for hiring of two drilling rigs is expected by Q4 2020.
Click on Details for more Details
We are trying to map all DSF Round -1 & II fields for easy so that our subscribers can see them for easy reference and latest updates. In some cases, the identifying of contacts itself is a big challenge
8Here is an offshore block with a cluster of 6 fields named D-9, D-10, D-11, D-15, D-20, and D-21
8The PML is sought to be elicited
8Initial studies are ongoing
8The project involves development drilling of wells and laying of an offshore pipeline to connect with the nearest production facility.
Click on Details for more. Details
It is a Rs 600 crore POL terminal
8Capital approval will only be sought after statutory clearances
8A tender for an EIA consultant is expected soon
Click on Details for more Details
ONGC has begun negotiations with the L-1 bidder against its tender platform supply and anchor handling tug supply vessels.
8Find out what kind of rates ONGC is looking at through the negotiation process
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There has been talk of a resource crunch at Nayara and yet the company is going ahead with the evaluation of bids for its capacity expansion and petrochemical projects, worth Rs 6000 crore.
8Find out what kind of packages are likely and who could be bidding
Click on Details for more Details
Potential bidders have begun seeking clarifications on the implication of the sale of BPCL on the investment plans of its subsidiary, Numaligarh Refinery Ltd
8Numaligarh is currently on a massive expansion spree, worth Rs 22,000 crore, but its viability is based on a 50% excise duty relief and a Rs 1000 crore capital subsidy from the government.
8"If BPCL is privatized, then the private owner may not want to go ahead with the expansion based on doles from the government", a potential bidder for the NRL refinery expansion told this website.
8Unless Numaligarh is sold separately to Oil India Ltd, which together with the Assam government, have a stake in Numaligarh, the future hangs in balance, it seems. While OIL may not have the appetite for NRL, Indian Oil Corporation, which has three refineries in the North East, may have the resources to take over NRL from BPCL.
8"Currently, there is too much uncertainty over everything", admits a top NRL officer.
8"So far not much money has been spent on the project, only a consultant has been hired and tenders have been published. But when it comes to bidding, there is effort required, and it costs money to bid as it involves a lot of homework. If the future is uncertain, then what the NRL management should do is wait and watch the developments and keep tendering on hold," the bidder said.
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply of Mainline Centrifugal Pumps Details
8Civil, Structural and Architectural Work for LPG Pipeline Details
8Transportation of ATF Ex Vijaywada Details
8Supply, installation and commissioning of High Frequency Linear -Oscillating, Friction, Wear (OFW) test machine/ rig & Sonic Shear Tester with temperature bath facility Details
8Appointment of C&F operator cum secondary transporter at lubes depot Details
8Supply of MCT Blocks for BS-VI Project Details
8Rate Contract for Heat Exchanger Overhauling Details
8Supply of High Performance Silicon Sealant for Industrial Gasketing and Sealing purpose Details
8Revamping of exisitng hydrant system and replacing the existing deluge valves Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8EIL to soon start work on $1.2 bn Mongolian refinery project Details
8BS VI fuel will be available in country from April 1 next year: Javadekar Details
8$100 billion can be saved by the oil industry through digitalisation Details
8Setback for oil ministry: SC declines request to stay sharing of documents on RIL penalty Details
8Dharmendra Pradhan witnesses start of refinery work in Mongolia Details
8Mongolia thanks India for line of credit to support oil refinery project Details
8A first for NCR: Piped gas gensets for 5 city societies Details
8Russia's Rosneft tenders to sell first batch of oil products for 2020 Details
8Oil rises, buoyed by gains in industrial commodities Details
8Saudi energy minister, Russian minister discuss stability of oil markets Details
8Exxon to make $500 mln initial investment in Mozambique LNG project Details
8U.S. natural gas output, demand seen rising to record highs in 2019 Details
8Oil prices extend slide to third straight day, US-China trade doubts grow Details
You can also click on Newsclips for more   Details
ONGC's tender for the chartered hiring of 6 workover rigs seems to have grabbed a lot of attention. But keeping in view that there can be more bidders, ONGC has again extended, the bid submission date to 15th October 2019, with the previous one being 18th September 2019.
8Another extension up to November cannot be ruled out.
8The tender will involve deployment of 1,3,1,1 rigs to Ahmedabad, Mehsana, Cauvery and Rajahmundry respectively with a capacity of 50 MT, 50 MT, 100 MT and 150 MT respectively. As per the sources following players have shown interest in the tender:
Find out who the potential bidders are Details
Ahead of Adani Gas' stake sale to Total, the company is recruiting some fresh high level talent
8The promoters believe that ahead of the French connection, the company's management needs more management depth
Click on Details for more   Details
As many as 11 candidates are in the race for the GAIL CMD's slot
8It is indeed a crowded field, but interviews will be held from a smaller subset of candidates
Click on Details for more on these candidates Details
8ONGC's tender for the hiring of 3D seismic survey services for Assam and Assam Arakan Basin has received a good response.
More than three bidders are expected  Details
Get the latest update on:
8ONGC's offshore seismic tender for the GK-28/42 block along with C series and MB-OSHP-2017/1 blocks (Only two companies seem interested as of now)
86 well platform project (5 for GK-28/42 and 1 platform for GS-OSN-2004/1) and a 65 km subsea pipeline for connecting with the gas processing facility. (When is an EPC contractor RFQ expected?) Details
ONGC's tender for hiring a 1000 HP rig for six months was meant to be a one-horse race
8And the deal was meant to go to the company who already had a rig deployed
8But clearly, a competitor is interested in bidding too Details
It is a brownfield polypropylene unit
8Investment is Rs 750 crore
8PMC already selected
8Find out when the licensor RFQ will come out
Click on Details for more Details
It is a greenfield, Rs 1300 crore gas pipeline project
8Route survey is on
8The PMC route will be followed
8RFQ for FEED is expected in November, 2019
Click on Details for more Details
Adani Gas has set itself a Rs 9000 crore city gas distribution capex over the next 8 years
8For cities not connected to the gas grid, the company is going to truck in the LNG
8The company, like several others, are also eyeing the key markets of Mumbai and Delhi once open access rules are relaxed
8Also know more on the kind of valuation the company is expecting out of its 30% stake sale to Total
8Adani believes that LNG prices will remain soft right up to 2024, and it plans to leverage this development to push in spot LNG into India.
Click on Reports for more Details
PLL's investment deal with Tellurian is fraught with all kinds of risks
8The biggest being an upfront capital cost funding for supply of gas in the future
8After an initial negative reaction, analysts are now warming up to it
Click on Reports for more Details
8A public sector oil marketing company is now looking for an owner consultant to provide comprehensive business-ahead advisories and assistance for a thorough revamp of its existing interaction platforms.It is a big project by any standards, and a long list of consultants are expected to line up for it. Details
8Another company is looking at a technical E&P consultant for M&As in India and globally. Details
8Yet another public sector company is looking at a consultant to advise on management of power projects, Details Details
What is the feedback that Petronet LNG has elicited from Qatar subsequent to the high level meeting on bringing down the price of long term gas?
8Now that spot prices are way cheaper than the Qatar contract price, and likely to stay lower for at least a year if not more, will Qatar renegotiate the price slope?
Click on Details for more Details
LNG demand faces headwinds in a country such as India.
8Affordability is a big question mark
8But there are other issues too
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Quite a few companies participated in the tender
8But the deal was awarded to the L-1 bidder for Rs 12.30 crore
Click on Details for more Details
8It is a Tamil Nadu programme
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply of U-Tube Bundles Details
8ARC for Supply, Fabrication and Installation of Transformer Gates Details
8Appointment of Technology Service Provider for Digital Transformation Details
8Supply of Igniters and Portable Igniters Details
8Electrical and Instrumentation Composite Works Details
8Supply and Installation of Flexible HDPE pipeline Details
8Transportation of Bulk POL products MS HSD and Branded fuels Details
8MFL and IRIS Inspection services Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8BPCL's stake sale may prompt bond redemption: Moody's Details
8HPCL-MRPL merger plan yet to reach board level: HPCL chief Details
8Malaysia's Petronas sets up $350-mn venture capital fund Details
8Big greenhouse gas emitter moves to join climate initiative Details
8Madhya Pradesh: Transporters’ strike may leave your fuel tank dry Details
8PM Modi expected to visit Saudi Arabia soon Details
8BPCL nationalisation act repealed in 2016; way clear for privatisation Details
8CNG, piped cooking gas rate cut in Delhi, adjoining towns Details
8Petrol, diesel prices maintain dip as oil companies slash rates Details
8ONGC planning to drill 24 wells in Cauvery Asset at a cost of Rs 672 crore Details
8Nayara Energy plans to add jetty at Vadinar port at a cost of Rs 500 crore Details
8Oil prices slip again amid gathering gloom over global economy Details
8Iran says Chinese state oil firm withdraws from $5B deal Details
8Dharmendra Pradhan to visit Mongolia on October 8 Details
You can also click on Newsclips for more   Details
It will take time for Bharat PetroResources to come out with RFQs for the Karaikal field
8RFQs for the hiring of a EIA consultant and a PMC consultant is expected by Q4 2020.
Click on Details for more Details
Cairn India COO Suniti Bhat has big dreams for the offshore block he has acquired under DSF-2
8The investment envisaged can eventually turn out to be quite large
8Find out more on when RFQs are going to be coming out
Click on Details for more Details
Russian giant Rosneft, the owner of Nayara Energy, has had to take recourse to unconventional financing to meet its insatiable appetite for funds in the face of western sanctions
8Clearly, Rosneft has financed its global expansion by relying on its close relationship with the Kremlin
8But in the process, Rosneft has amassed debt ratios and costs of financing far above competitors.
Click on Details for more Details
The Indian gas market has a number of gas prices.
8There is domestic gas valued either at a government determined price or at "market price". 
8There is long term gas, contracted by Petronet LNG, coming out of Qatar and other places, which is currently the most expensive.
8There is the US Henry Hub linked price, with cargoes brought in by GAIL.
8And there are spot prices of various hues
8The taxation regime is complex and vexing.
Click on Details for an analysis of these prices, and when taxes are added, how they get eventually priced at the factory gate in India Details
The National Green Tribunal order has forced the Indian ceramic hub, Morbi, to shift from coal to gas. Consumption is around 6 mmscmd.
8But the ceramic community is deeply unhappy. "The switch was meant to be more cost effective but is is not," said an industry representative
8Find out more on the cost economics involved for the industry
8What has happened to their attempts to find alternative gas supply sources, including delivery of trucked LNG?
Click on Details for more Details
A 5 MMTPA FSRU RFQ is likely to attract quite a few players, it seems
8There are at least three interested players, according to the project promoters, for this PPP project
Click on Details for more Details
The contracting process is going ahead in earnest in Numaligarh refinery
8More consultants are set to hired even as tenders are out for technology providers
8Find out what is up ahead
Click on Details for more Details
IOC has been finetuning its Gujarat refinery expansion project
8The project cost has now been formally revised
8Find out more on what kind of configuration changes have been done
8The refinery expansion cost is now pegged at Rs 15,000 crore to Rs 20,000 crore
8The expansion is accompanies by a HGU revamp and a N-Butanol plant
8IOC is expected to give capital approval soon for the refinery expansion first and this is expected soon
Click on Reports for more Details
What will be the impact of the current revision of gas prices on the urea industry?
8The cost of production of urea changes by around Rs. 1600-1800/MT for every $1/mmbtu change in the pooled gas price.
8But then only 42% of the industry's gas requirement comes from domestic production
Click on Reports for more Details
Elections, agitations, bandhs, and sometimes a hostile neighbourhood had deterred OIL for holding public consultations for major E&P projects in the North East
8But that seems to have cost the company dearly
8Here is a Rs 3500 crore drilling field development plan, which will mean that RFQ dates have to be rescheduled. Here is the update
-- RFQ for hiring third party drilling rig is expected by Q1 2020.
-- RFQ for hiring equipment and other oilfield services is expected by Q1 2020.
-- RFQ for hiring an EPC contractor for production installation is expected by Q1 2020
Click on Details for more Details
Seismic tenders are now coming out in large volumes against OALP acerages
8The market is active
8And there are only a limited number of players in the fray
8But the going is not all that easy for everyone
Click on Details for more Details
What is the latest update on the LNG deal that Petronet LNG had signed with Tellurian?
8There is already a lot of activity inside Petronet on the next steps ahead
8Even a quick RFQ for a consultant is not ruled out
Click on Details for more Details
Low workover rig rates offered by OIL are troubling rig operators, so much so that at least one of them have decided to walk away from a deal
8Heavy competition, particularly by local companies, have commoditized this business, it seems
Click on Details for more. Details
In yet another case, OIL had put off a public hearing for a Rs 300 crore extended reach drilling programme for 7 development wells
8This will mean that the hiring process for a rig and well logging services will be delayed till Q2, 2020
Click on Details for more Details
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