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Oct 2019

As part of our coverage of new strategic oil storage capacities that the Indian government wants to set up, we are including here a Rs 6300 crore investment that is planned for a 2.5 MMTPA facility in Padur
8The project is going through a clearance process as of now
8Two LSTK contracts are proposed for execution but this will only after the business model is first finalized.
8A PMC is to be hired.
8The project is envisaged to be completed in a period of 66 months, which includes 15 month duration for pre bid engineering, tendering and award; followed by 48 months of construction of the facilities and 3 months for commissioning.
Click on Details for more Details
Even though the Bargarh greenfield 2G bio-refinery project is still to be awarded, as BPCL continues with the negotiating process with L-1 bidder Tata Project, we have decided to open a software ticket on the project.
8Eventually, when a deal is struck, equipment RFQs are expected to come out from the EPC contractors, which we track in our project monitoring software
8Hopefully, long lead RFQs can be expected by December, it all goes well and a deal is struck soon
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Date Extension: Requirement of ARC for House Maintenance Jobs Details
8Procurement of Integrated Wireline Winch Unit and other works Details
8Hiring of integrated services for providing consultancy in temporary/ permanent acquisition of land for drilling of development wells Details
8Revamping/ Replacement of ESD & FSD tubings along with pull station & fusible plugs Details
8Hiring of Services for Offshore Environment Monitoring Details
8Supply of Carbon Steel Coated Line Pipes for SJHPL Project Details
8Procurement of Activated Alumina and Molecular Sieves Details
8Procurement of Spare Tube Bundle and Complete Heat Exchangers Details
8Supply, installation and commissioning of USM based Flowmeter Details
8ARC for supply of flush mounted analog type panel meters Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8160,000 jobs can be created by manufacturing petrochems using green methanol: CEEW Details
8Fall in natural gas prices will hit ONGC’s revenue by Rs 1,400 crore: Moody’s Details
8India’s oil imports from Iraq jumped 53 per cent in August Details
8Odisha: BPCL, HPCL launch campaign to spread awareness about ill-effects of reusing cooking oil Details
8Gas price cut credit negative for ONGC: Moody's Details
8France wants to forge partnership with India in areas of urban development, energy: Envoy Details
8Mahanagar Gas cuts CNG, PNG prices Details
8Crude oil futures fall 1.63% on low demand Details
8PetroChina still negotiating prices of extra gas supplies from Russia Details
8Saudi has restored oil output after attacks, focussed on Aramco IPO: energy minister Details
8Russia able to raise oil output by 500,000 bpd in 3 months Details
8Securing affordable, sustainable energy top agenda: Pradhan after Saudi oil attacks Details
8Saudi Arabia says it has fully restored oil output after attacks Details
8Oil extends losses as economic data, growing inventories drag Details
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With a 50% emphasis on quality and the rest on price, the aerage owner is looking for the best possible supplier of services to assess hydrocarbon reserves in three blocks
8Increasingly, price is no longer the only benchmark in the exploration side of the E&P business
8And that is indeed an encouraging trend
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8Crude oil and condensate production during August 2019 and April - August 2019 was lower by 5.4% and 6.1% respectively as compared to the corresponding period of the previous year. Click on Reports for more.
8Mercator is selling more assets in order to keep afloat. Click on Reports for more.
8New CMD at OIL from October 1. Click on Reports for more.
8Spurred by lower spot prices and lower net availability of net domestic gas for sale, LNG import goes up 10% in August. Click on Reports for more.  
8Directors of an oil company have been show caused for insider trading (Click on Details for more) Details
Bina Greenfield 2G Ethanol Bio-Refinery
8The technology licensor has been selected
8 When is the EPC/LSTK contract likely to come out?
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For reference purposes the website carries here the following tenders:
8Procurement of Differential type remote seal transmitter for HP separator Level measurement Details
8Supply of High Pressure Gate and Globe Valves Details
8Laying of Pipeline at Mangalore LPG Plant Details
8Detailed Route Survey, soil investigation, crossing approvals and other ROU and Land acquisition services Details
8Fabrication and Supply of 210 Litre MS (0.9 mm) Barrel conforming to BIS 1783 (Part 2)2014 Grade B Type 2D Details
8Airborne Gravity Gradiometry and Gravity Magnetic studies (AGG & GM) for hydrocarbon exploration Details
8Acquisition of 150 LKM 2-D seismic data in Kobochapori falls under Assam & Arunachal Pradesh Details
8Supply and Services requirement of Retrofitting Cooling tower Details
8Supply and Services requirement of Tank Insulation works Details
8ARC for Cooling tower Spares Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Sushil Chandra Mishra takes over as CMD of Oil India Details
8Talks begin on lifting natural gas pricing restriction Details
8India shelves plan on countrywide ban on single-use plastic products Details
8Aramco bought extra gasoline from Reliance Industries after drone attack Details
8Madhya Pradesh: No cut in fuel prices, trucks to go off the road from October 5 Details
8Govt sees big gain from BPCL stake sale, Parliament nod needed Details
8GAIL targets 11.44 lakh piped cooking gas connections in FY20; PM's 1 cr target set to be missed Details
8Cut in gas prices to help GAIL, end users; ONGC & Oil India may take a hit Details
8India to mandate at least 20% ethanol blend in petrol, says Rashmi Urdhwareshe Details
8IGL slashes CNG price by Rs 2/Kg on cheaper domestic gas Details
8India’s oil imports from Iraq jumped 53 per cent in August Details
8Platts now counts delivered cargoes in Brent oil assessment Details
8Thailand's Gulf Energy and PTT to build $1.33 bln LNG project with the government Details
8Opec oil output sinks to lowest since 2011 after Saudi attacks: Poll Details
8US sanctions on COSCO hit LNG tankers in Russia's Arctic Details
8Oil prices recover on lower output from US, Russia, Opec Details
8Australia's explorers step up hunt for oil after big find Details
8Aramco vows correct crude grade and volumes this month, says RIL Details
8Saudi Aramco restored full oil capacity to pre-attack level Details
8Iraq oil exports fell to 3.576 mn bpd in September: Oil ministry Details
8Iran building oil pipeline to terminal outside Gulf Details
8COLUMN-U.S. shale oil boom ends as lower prices take toll: Kemp Details
You can also click on Newsclips for more   Details
 A 3-well development drilling project in Kalyanpur, Nambar and Khoraghat Extn-1 mining lease areas of Assam
8ONGC owned rigs are to be deployed
8Rig mobilization and civil works contracts are expected ahead
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 It is a Greenfield Early Production System
8Cost Rs 250 crore
8And ONGC will float the RFP for the hiring of an EPC contractor for the construction of Skid mounted Early Production System (EPS) along with a 3 year O&M contract
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 What is the latest update on India's crude oil storage capacity creation?
8One new site is being readied
8Investment will be the tune of Rs 9500 crore
8Quite a few models are being evaluated
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The government has significantly eased the permission regime needed for seismic activity and drilling activity.
8The easing of norms will make it much easier for companies to pursue seismic and exploratory work
8The entire process will also stand expedited
Click on Reports for more Details
Supply of ATF to airports is a monopoly that is zealously guarded by those already in the business
8If an "outsider" were to want to come in, he is up against many odds as this company found out to its surprise
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Venkata Gangadhar Jagatha had set up Devi Engineering and Constructions Private Limited in 2003 as a proprietorship company.
8He has come a long way since then
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BPCL subsidiary Bharat Gas is going full steam ahead with its Krishnapatnam floating storage LNG unit
8A lot of behind the scene activity has taken place.
8When will the tender be out for a PMC?
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What is the latest status on the North East gas grid?
8Known as the Indradhanush gas grid, it is a JV between GAIL, IOC, ONGC, Oil India and Numaligarh Refinery, and is meant to connect the capitals of Assam with those of Arunachal Pradesh, Manipur, Mizoram, Tripura, Nagaland, Meghalaya and Sikkim.
8There is however more pessimism than optimism over the grid as of now
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Public sector E&P companies have begin complaining that reservations for equipment being set aside for small and medium industries are beginning to adversely impact their drilling capabilities
8An appeal to the government has gone unheeded so far
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When a tender is floated for a rig for charter hire for six months, it is ordinarily the case that the rig under deployment whose tenure is coming to an end, has a better chance of bagging an extension than others
8This is what is expected to happen for a 1000 hp rig which is tendered out for hiring but for a period of only six months.
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The wild deviation in the two different set of valuations for the purchase of Harayan City gas network in Gurgaon by Indraprashta Gas Ltd (IGL) has made even a court mediated settlement more complicated.
8Clearly, there are two sides to the coin and both sides have their views.
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Consumption patterns for petroleum products are showing some different characteristics in August
8Petrol offtake continue to grow, but diesel and more importantly ATF is in slowdown mode
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Ammonia-Urea & Captive Power Unit Greenfield Project
8Cost - Rs 7000 crore
8Project Event: The proposal for the terms of references has been granted but project activity in this privately promoted enterprise is on hold for now, even as a proposal for the environmental clearance is now likely to be submitted in November in place of September 2019, RFQ for the EPC contractor, the promoter insists, will come after environmental clearance.
Click here for more details
NPK Fertilizer Greenfield Project
8Cost - Rs 400 crore
8Project Event: The project is on hold due to lack of fund, as the company is completing the Zinc smelter project, The RFQ for the EPC contractor is likely to be released in October in place of August 2019. is what project officials are claiming.
Click here for more details
Available through www.indianfertilizer.com Details
ONGC is all ready to start this programme in several ML areas
8Work will begin in Q-1, 2020
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Hindustan Oil Exploration Company Limited is planning to start exploration activities in AA-ONHP-2017/19 block in Assam.
8EOIs are being accepted
8Tenders are expected by December, 2019
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This is a propylene unit
8PMC selected
8Licensor too
8LSTK contracts are next
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BPCL is setting up a new ethanol bio refinery in Rajasthan
8The location has been finalized
8Rice straw is going to be feedstock
Click on Details for more Details
This is a 10 well exploratory programme
Following requirements will be coming up
8RFQ for hiring EIA services is expected by Q2 2020
8RFQ for hiring rig mobilization services is expected by Q3 2020
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Procurement of 450 SCMH Electric Motor Driven CNG Booster Compressor package Details
8Assistance in surveillance and inspection and certification of scaffolding work Details
8Rate contract for repair and maintenance of heat exchangers and air fin coolers Details
8Hiring of safety engineers and safety supervisor for monitoring of shutdown activities Details
8Civil works for common Heat Exchanger cleaning area Details
8Procurement of Sand and Gravels for Raw Water Treatment Plant of Gas Processing Unit Details
8Procurement of Cable Ties Details
8Expression of Interest to build, own and operate Bulk LPG Dispatch facility Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India’s crude oil production falls 5.44 per cent in August Details
8Govt mulls exiting BPCL, SCI, cutting Concor stake to 25% Details
8Government plan to privatise BPCL needs Parliament nod Details
8Delhi's IGL will lead Indian trucking into gas age Details
8Saudi commits to meet oil supplies to Reliance Details
8India cuts natural gas price by over 12 per cent Details
8Petrol, diesel prices rise again after three days of no change Details
8Iran oil industry must be alert to physical, cyber threats: Minister Details
8Bangladesh shortlists 17 companies for spot LNG Details
8BP CEO draws up plans to step down Details
8U.S. group forms to defend natural gas against anti-fossil fuel measures Details
8US oil production slides below 12 million barrels per day in July Details
8Saudi Arabia's Crown Prince warns of 'Iran threat' to global oil prices Details
8Russian oil output slips to 11.24 mn bpd in Sept 1-29 Details
You can also click on Newsclips for more   Details
It is a bid development drilling programme
The following is the latest plan:
8Project Event
-- RFQ for an EPC contractor for FGGS and the pipeline network is expected by Q1 2020.
-- RFQ for hiring rig services is expected by Q2 2020.
Click on Details for more Details
In order to revive an old field Oil India Ltd is conducting a polymer flooding programme
8At present, of the 37 wells drilled, only three are currently producing
8A contract has been awarded
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India is not doing enough in Africa whereas the Chinese are
8There is a need for a change in strategy
8A BJP affiliate think tank insists
Click on Reports  for more Details
Even though pressures are mounting for a review of both pricing and indexing benchmarks, the big guns in the supply industry insists that there is no reasons to do so.
8In fact, they see fixed term contract volumes going up
8And not just that, some prefer oil indexing to gas hub prices.
8For, they are willing to take the risk of staying married to oil
Click on Reports for more Details
There has been talk of am LNG supply overhand for the current and the next year.
8Spot LNG prices are already quite low
8What is the gap this year, and where is the supply overhang coming from?
8Is the gap going to narrow next year or widen?
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