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Oct 2019

It is a private sector 15-well development drilling programme
8The PMC has been decided
8But execution has been put off till next year
8Clearance related issues have bogged down execution Details
What is the latest status on the cabinet decision to liberalize the setting up of the retail outlets in India?
8It is a big change, but it looks like the notification is going to be delayed.
8Some legal hurdles, particularly when it comes to what constitutes alternative fuels, for which dispensation devices will have to be compulsorily be installed over time in retail outlets, are still to be sorted out
8Some may even move court eventually, if they do not get redressal under the notification.
Click on Details for more Details
How exactly will the PNGRB apply the common carrier rule for city gas distribution?
8Which entity will have the right to spare capacity left either under the 20% common category or under the 80% captive segment?
Click on Details for more Details
The MN-DWHP-2018/1 deepwater exploration block was acquired by ONGC under OALP-3
8Know more on what is planned
Click on Details for more
Details
An IMC led rescue plan for the Ennore-Nellore gas pipeline did not work out at the last minute
8The authorized entity ended up losing a lot of money, as a result
Click on Reports for more Details
8Consortium of Afcons Infrastructure Ltd and Sapura Energy Berhard have achieved first steel cut for Central Processing Platform (CPP) and Living Quarters Utility Platform (LQUP) for the Cluster-2 project in the KG-DWN-98/2 Block last week
8Get an update on progress made Details
8Adani Welspun Exploration Ltd's plans for the 2 well exploratory drilling at an average range of 3000 to 3200 meters in MB-OSN-2005/2 block will be delayed even though EOIs were floated.
8Find out why Details
For reference purposes the website carries here the following tenders:
8Supplying of potassium formate 1000MT required for wells in JV block KG-OSN-2001/3 Details
8Electrical Works associated with Biodiesel Facilities and other Instruments Details
8Expression of Interest (EOI) to build, own and operate (BOO) the Bulk LPG Dispatch facility Details
8Transportation of Bulk POL products MS and HSD and Branded fuels by Road Ex Suryapet Details
8Transportation of Bulk POL products MS and HSD and Branded fuels by Road Ex Mangalore Details
8Supply of vessels of VGO Revamp Project Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Indian LNG customers choosing spot buys over long-term deals - Petronet LNG exec Details

8India’s gas production dropped 4 per cent in September Details
8Saudi Aramco to keep 4.6 mn barrels of oil in Indian storage: Govt Details
8India's crude oil production falls 5.41% in September Details
8Electric cooking starts to simmer in rural India Details
8Delhi air quality to be very hazardous for next few days Details

8World Bank: Weak economy to pull down energy, farm prices Details
8Aramco IPO will come soon, Saudi crown prince to decide: Energy Minister Details
8Australia's FAR says Senegal oil project to give company 13,670 barrels of oil/day Details
8Aramco tells IPO bankers it made $68 billion in 9 months Details
8Crude oil futures decline nearly 1% on weak global cues Details
8China gas demand to surge through 2035, coal to still offer stiff rivalry Details
8Oil steady as trade concerns vie with drop in inventories Details
8Petrobras aims to halve time between oil finds and output by 2029 Details
8Regulator weighs moving to gas entry-exit tariff model Details
You can also click on Newsclips for more   Details
An LPG pipeline is coming up
8Cost Rs 500 crore
8The PMC has been selected
8Route survey is on
8EIA consultant will be needed soon
Click on Details for more
Details
Rs 325 crore POL terminal augmentation project
8When are long lead RFQs coming out, now that a PMC has been selected?
Click on Details for more
Details
It is learned that the government is indeed working on a new policy to salvage the gas-based power sector
8But this time around, no subsidy will be paid
8So how exactly is the government thinking?
Click on Details for more. Details
ONGC continues to negotiate with the L-1 bidder against its tender for PSVs
8But a deal seems to be just around the corner
Click on Details for more Details
8Expect more RFQs from ONGC for offshore vessels in the coming days
Click on Details to know more Details
What is the latest on the Gujarat refinery expansion?
8When are RFQs for EPC contracts likely?
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply of Heat Exchangers Details
8Procurement of Ion Chromatograph Details
8Supply of Pipe Fittings Details
8Supply and Installation of Electrical items Details
8Revamping of Gas Monitoring System at LPG Bottling Plant Details
8Outsourcing of Shared Services in Finance and Accounts Department Details
8Procurement of Pump Rotary Lobe Type Details
8Supply & Installation and Commissioning of Air Compressor Details
8Annual rate contract for maintenance of fire water network Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Looking forward to Aramco's participation in India Strategic Petroleum Reserves: PM Modi Details

8PM Modi says Saudi Arabia to invest in India's downstream oil, gas projects Details
8RIL's Mukesh Ambani says slowdown in India temporary, reforms undertaken to reverse trend Details
8Early inclusion of gas, ATF into GST fold likely Details
8PM Modi says India, Saudi Arabia moving from buyer-seller relationship towards closer ties Details
8Pollution: Season’s greetings from Punjab and Haryana choking Delhi Details
8Delhi: AAP slams Centre, states for 'inaction' against rise in stubble burning cases Details
8Modi meets Saudi Energy Minister, discusses boosting energy ties Details
8Iran's thirsty energy industry runs up against water shortage Details
8India signs deal with Saudi Arabia for strategic oil reserves & retail matters Details
8India to spend $100 billion on energy infra, says PM inviting Saudi investment Details
8Oil slips towards $61 as US inventories seen rising Details
8Report: Saudi Aramco shares to start trading in December Details
8Petronet net nearly doubles on lower corporate tax rate Details
You can also click on Newsclips for more   Details
What is the latest update on the H-Energy Jaigarh terminal?
8When is the pipeline connectivity happening?
8There are now reports that gas flow out of the terminal will face a significant delay.
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Soft LNG prices were meant to stay on till 2021 but the deadline has now been expanded to 2022.
82020-22 is the time frame when India's KG Basin discoveries begin to produce gas.
8With low LNG prices acting as a ceiling, finding gas buyers at a reasonable price, and tied in for a reasonable period of time, which will ensure an adequate rate of return on $10 billion worth of investments pumped into monetizing the KG Basin discoveries will be a challenge
Click on Details for more Details
The requirement for an SPM as well as an EPC contractor for offshore pipeline installation is coming up
8Earlier anticipated RFQ date has been put off
8Get a full update here
Click on Details for more. Details
Project Name: Kappalur Greenfield LPG Bottling Plant
8Project Cost: 155 crores
8Project Description: Bharat Petroleum Corporation Limited (BPCL) is planning to install an LPG bottling plant with a capacity of 44 TMTPA at Kappalur, Tamil Nadu. The job has been executed by the owner itself without the hiring of an overall contractor. All the procurement for the equipment has been completed.  
8Project Event: No further RFQs are expected.
Click here for more details Details
Can a private sector group, in discussion with Wuhuan Engineering of China, be able to pull of an ambitious Rs 10,000 crore ammonia-urea complex?
8Wuhuan has been in the limelight after it bagged the Talcher coal-based ammonia-urea plant from the government of India.
8Two Malaysian companies are also involved through the equity route
8Whatever be the odds, the promoter seems very upbeat, claiming that a deal is just around the corner
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Details
This is a big project by any yardstick
8The offshore infrastructure is expected to centre on a new process platform, B-12, that will be bridge-linked to the existing B-12-11 wellhead platform. The project also envisages at least four new wellhead platforms — B-12-18-PA, B-12-18-PB, B-12-2-P and B-12-24-P. Several segments of subsea pipelines are also expected to be included in the project, with one source indicating that up to 150 kilometres of offshore lines could be involved.
8But RFQs are expected to come out later than expected
8Who are likely to be the bidders?
Click on Details for more Details
8Oil and Natural Gas Corporation Limited, tender for the process of Empanelment of Bidders for execution of Well Head Platforms including the Surveys, Design, Engineering, Procurement, Fabrication, Load out, Tie down / Sea fastening,  Tow-out / Sail-out, Transportation, Installation, Hook-up, Testing, Pre-commissioning, Commissioning on LSTK basis for an overall period of 3 years will take some more time for the finalization. 
8Find out why, click on Details Details
NPK-TSP-GSSP Greenfield Project 
8Cost - Rs 100 crore
8Project Event: The proposal for the term of references has been accepted for the environmental clearance. RFQ for the EPC contractor is likely to be released at the end of December 2019. Details
Get an update on the CY-ONHP-2018/2 exploration block that ONGC had garnered under OALP Round-3
8A seismic survey RFQ is expected
Click on Details for more
Details
For reference purposes the website carries here the following tenders:
8Carry out Pipeline Row Exposure Repair Works Details
8Procurement of Measuring Head Assembly Details
8Supply, installation and commissioning of Tri-Ethylene Glycol Details
8Transportation of Bulk POL products MS and HSD and Branded fuels Details
8Spares for Gas Lift Compressors Details
8ARC for Sarapady various Civil Maintenance Jobs Details
8Hot Repair of LPG Cylinders Details
8Procurement of Control Valve as per specification Details
8Procurement of Closed Loop Sampling System Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Maharashtra: Petrol prices fall below Rs 80, diesel at Rs 69.12 Details
8Air quality in Delhi, Noida 'very poor' post-Diwali Details
8Arbitration Tribunal delays award in Rs 10,247 cr Cairn retro tax case to mid-2020 Details
8BPCL's Mozambique deal under government scanner; yet to get investment nod: Sources Details
8Oil prices edge lower ahead of inventory data Details
8Weaker margins, fall in petrochemical prices weighed on RIL in second quarter Details
8Oil holds steady as Russia reaffirms commitment to output cuts Details
8INNOVATION: When plastic waste turns into fuel Details
8BP still aiming to close Brazil deal with Bunge in 2019 Details
You can also click on Newsclips for more   Details
Ordering has been completed for the Bongaigaon refinery greenfield INDMAX project
8When is commissioning expected?
Click on Details for more.
Details
What is the latest update on the GK-28/42 offshore development project?
8As of now ONGC has finalised Nagpur based CSIR - National Environmental Engineering Research Institute (NEERI) for baseline studies and the environment clearance process.
8What is the latest update on the tender for seismic studies?
8What is the status on the hiring of an EPC contractor for an onshore gas processing station?
8Also when is the RFQ for an EPC contractor likely for offshore platforms along with an evacuation network?
Click on Details for more
Details
What is the latest status on the Ratna R Series Platform Development project?
8Is the bid submission date likely to get another extension
8When is ONGC planning on ground execution?
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Details
Project Name: Chhoti Saichu Greenfield Hydroelectric Project
8Project Cost: Rs 195.00 crore
8Project Description: The owner is writing out the detailed project report by using in-house resources in a 26 MW (2x13 MW) greenfield hydroelectric plant . The survey and investigation works have been completed. EC is expected to be accord by 2020. The project is however on temporary hold.
8Project Event: The project is temporarily on hold.
8Expenditure Approval: Q4: 2018
8RFQ Date: On Hold
8Release Date: On Hold
Click here for more details
8Project name: Flue Gas Desulphurisation System
8Project Cost: Rs 200.00 crore
8Project Description: Currently, geotechnical investigation and topographical survey work at the WFGD sites are in progress. RFQs for civil and architectural work for WFGD are likely to be floated on January 2020 and RFQs for design, supply, erection, installation, testing and commissioning of WFGD are likely to be floated on April 2020. Further bids are expected soon. 
Click here for more details
You can access these details through www.energylineindia.com Details
Oil India Ltd is planning to revive an old oil field
8And is looking at dismantling old oil processing facility and replacing it with a new one
Click on Report for more Details
8Saudi Arabia faces a Hobson's choice: Is it going to be better off cutting production and losing market share? Click on Report for more.
8Why does India's largest private sector shipping company still in the negative outlook category? Click on Report for more.
8POL consumption data confirms the economic slowdown. Click on Report for more.
8Guidelines for the marketing of petroleum and diesel have been relaxed. Click on Report for more. Details
ONGC is refusing to accept a higher rate than the last purchase rate for platform supply vessels
8Negotiations with the L-1 bidder is still ongoing, it is learned. Details
Oil and gas production is down in September
8Production is below target. Worse, output is also below last year's production levels.
8Much of the loss could have been avoided, had companies like ONGC taken proactive action
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Procurement of Water Monitors Details
8Supply of Ball Valves Details
8Procurement of Twin Screw Pumps for Krishnapatnam Details
8Repair / Removal and relining of acid resistance refractory castables Details
8Procurement of Gas Chromatographs Details
8Hiring of Service for Operation Assistance in Monitoring of Process Parameters, Maintaining Pipeline Hydraulics Details
8Annual Maintenance Contract for Mechanical Maintenance of HVJ Compressor Station Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8India’s ailing economy is bleeding Diesel as demand dries up Details

8Punjab government reduces VAT on natural gas to 3 per cent Details
8Manoj Jain selected to head GAIL Details
8GAIL claims 559 households in Patna have started getting PNG Details
8Amdavadi’s gift helps old-age home save two LPG cylinders a month, cultivate lush garden Details
8INNOVATION: Artificial leaf successfully produces clean gas Details
8Punjab cuts natural gas VAT from 14.3% to 3% Details
8Azerbaijan to keep oil output flat, raise gas production in 2020 Details
8Global crude oil prices down but on track for large weekly gain Details
8Marine fuel floating storage builds in Asia ahead of new shipping rules Details
8LNG oversupply drives Asian prices down despite new demand, supply issues Details
8Russia affirms close oil cooperation with Saudi Arabia, OPEC+ Details
8Somalia says Shell, Exxon agree to pay $1.7 mln for oil blocks lease Details
You can also click on Newsclips for more   Details
For reference purposes the website carries here the following tenders:
8Procurement of various Insurance Covers Details
8Project Management Consultancy for Srikakulam Angul Pipeline Project Details
8Procurement of Coated Line Pipe for JLPL Details
8Hiring of Mud Logging Services during drilling of wells Details
8Carrying out piping and civil foundation works related with Vapour recovery system Details
8Expression of Interest (EOI) is to identify the technology providers or Licensors Details
8Contractor Operated Depot for Storage of Lubricants Details
8Procurement of Twin Screw Pumps for Krishnapatnam Details
8Descaling pigging of Crude Pipeline Details
8Hiring of Consultants for Expert Search and Payrolling for Asset Development Team Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Cabinet lowers entry barrier for petrol pump business Details

8Telangana: LPG supply halted for 10 more days Details
8Ahmedabad: Piped gas supply disrupted by AMC digging Details
8Nayara Energy planning to invest Rs 1.3 lakh crore to expand Vadinar refinery, add petrochemical complex Details
8Major energy deals to be finalised in Modi's Saudi visit Details
8Vadodara: ONGC staff booked for theft of Rs 22L Details
8Oil and gas giants spend 250 mn on EU lobbying: Green groups Details
8Sinopec's Zhanjiang refinery launches mainstream gas pipeline Details
8Indonesia Jan-Sept oil lifting at 745,000 bpd Details
You can also click on Newsclips for more   Details
8What are the reasons for the poor performance of Chennai Petroleum Corporation Ltd in Q-2, 2019-20? Click on Reports for more.
8L&T performance shows key government-sponsored sectors are not in a recession. Click on Reports for more.   Details
The Adani-Total deal brings in much needed cash into Adani Gas Ltd.
8The Adanis have a huge commitment in the CGD front, not just with Adani Gas, with 15 new GAs under Rounds 9 and 10, adding up to a capex of around Rs 9000 crorebut also in its JV with IOC.
8In the JV, Adani had contributed Rs.185.5 crore to equity till date but more contributions will have to be made.The eventual capex will be a whopping Rs 8000 crore.
8Adani Gas Ltd will be required to contribute significant equity commensurate to its stake in the JV depending on the debt-equity ratio finalized for the timely achievement of MWP milestones.
8Then again, the JV has a non-fund based facility of Rs. 6,635 crore, which has been submitted to the regulator as a performance guarantee to meet the MWP for the nine GAs that were awarded to the JV. Adani has extended a corporate guarantee to the JV of 50% of this facility. This remains a contingent liability.
8The money from Total could not have come at a more opportune time.
Click on Reports for more
Details
Pipeline users are likely to benefit as the tariff rates are slated to come down after corporate tax rates have been slashed.
8The regulator has brushed aside a plea by pipeline owners for more time to understand the implications of the corporate tax rate reduction, as a corporate may choose to be in a higher or lower tax bracket if some exemptions are taken.
8If a pipeline entity chooses a higher tax bracket at a later point in time, the regulator will take its plea under consideration when an applicaiton is made but only if there is a justified rationale
Click on Reports for more Details
ONGC has at least two offshore platform projects where the selection process is on but the outcome is uncertain.
8There are likely to be delays in award of contracts, with the possibility that both may eventually get retendered
8The fault lies with ONGC more than with the bidders, it seems
Click on Details for more Details
ONGC awards contract for Premium Drill Bits
8Find out more Details
Find out who the possible bidders are for the ONGC tender for procurement of Subsea Wellhead Systems
8The tender closes on October 24, 2019
Click on Details for more Details
Nothing highlights the cyclical nature of the shipping industry more than the highs and lows of the ship building and repairs industry
8Right now the order books are full, and there are congestions in some yards, very different from how it was some time ago.
8Then again, after reaching fever pitch, charter hire rates for tankers have begun plummeting down. How far down will these rates go remains a big question mark.
Click on Reports for more
Details
What should ONGC do when it comes to overhauling its offshore gas engines?
8Should it deal directly with the Original Equipment Manufacturer (OEM), or should it work with the OEM's Authorized Maintenance, Repair and Overhaul Centers
8ONGC seems to have learned a bitter lesson from dealing with a public sector authorized centre a few times in the past or has it?
Click on Details for more Details
Well logging services needed for a 13-well exploratory drilling programme in the North East is going to get delayed
8Drilling activities are slated to start by Q1 2020 and will be carried out using an in house rig at a targeted depths of up to 3500 m. 
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply of Averaging Pitot Tube Assembly Details
8Supply of Lithium Hydroxide Monohydrate Details
8Supply of Mechanical Seal Spares Details
8Providing manpower services for sampling at refinery Details
8Supply of De-Oiling Polyelectrolyte Details
8Supply of Remote Seal Type Pressure Transmitters Details
8Finalize contracts for supply of various sizes of pipes Details
8Supply of Swing Check Valves Details
8Supply of DHT SRU catalysts Details
8Solar Plant at Barwala Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8India's September oil imports at three-year low, Saudi regains top spot Details

8IOC keen to open another oil terminal in Karnataka Details
8L&T wins over Rs 7,000 crore contract from HPCL Details
84,000 fuel stations shut across Rajasthan for a day against VAT hike Details
8India eases rules for entry into fuel retail sector: Javadekar Details
8India relaxes guidelines for entry of private and foreign payers in fuel retail Details
8Russian oil baron Igor Sechin accompanies Dharmendra Pradhan to Far East Russia Details
8Government eases rules for setting up petrol pumps, allows non-oil companies in business Details
8Hyderabad: LPG supply halted for 10 more days Details
8Govt accords 'Maharatna' status to Hindustan Petroleum, Power Grid Corp Details
8ONGC sells December Russian Sokol crude at higher premium-sources Details
8Cabinet lowers entry barrier for petrol pump business Details
8Oil rises on surprise U.S. crude drawdown, prospect of OPEC action Details
You can also click on Newsclips for more   Details
Another ONGC offshore tender is coming up next month
8It will be a platform plus associated pipeline tender for an integrated development of an offshore property
Click on Details for more. Details
Ammonia-Urea Energy Saving Project 
8Cost - Rs 200 crore
8Project Event: Basic engineering and detailed engineering has been done by KBR and Tecnimont. 98 % erection and installation of mechanical equipment have been completed. The project is in the initial phase of commissioning, The commissioning is delayed by two month due to delay in the construction. Commissioning is now slated for November 2019. Details
Ammonia-Urea Brownfield Project
8Cost - Rs 4933 crore
8Project Event: The project has elicited cabinet approval. JV finalization is ongoing in which DOF will finalize the plant size and equity share and it is likely to be finalized in December 2019.
8Find out when the RFQ for a PMC contractor is likely 
Click on Details for more
Details
A sucker rod pump contract of ONGC was garnered by Singapore based Chase Resource Mangement Ltd
8Find out who were in the race
And what price the deal was struck Details
Oil India Ltd has the uncanny knack of getting the environmental clearances process wrong in several of its blocks
8Here is one Rs 1000 crore project where the RFQ for an EPC contractor for production facilities is going to be delayed by a year
Click on Details for more
Details
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