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 executionDetails
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
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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
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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
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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 madeDetails
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 whyDetails
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 SeptemberDetails 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 moreDetails
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 moreDetails
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.
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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
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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 projectsDetails 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 moreDetails
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. Click on Details for more
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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
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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.
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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 detailsDetails
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 Click on Details for moreDetails
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
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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
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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 moreDetails
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-2020Details 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 moreDetails
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 moreDetails
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? Click on Details for moreDetails
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.comDetails
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
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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.
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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.
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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
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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 GAILDetails 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 moreDetails
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 complexDetails 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 moreDetails
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.
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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 moreDetails
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
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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
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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
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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 moreDetails
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
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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
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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-sourcesDetails 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 moreDetails
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.
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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 moreDetails
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
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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 moreDetails