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Oct 2020

Atlantic Global Shipping owners Shabbir Fida Hussain, Rangwala, Abbas Fida Hussain Barodawala and Mr. Ronak Shetty have built a first rate port services agency.
8They are the go-to agency for every major company involved in foreign trade in India.
8And  they make a lot of money, as percentage of revenues even though business had halved during COVID.
8But the ownwers need to be on its feet though, as competition can come nibbling at them.
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Nayara is a private company and it is not subject to public sector bidding regulations.
8Negotiations can go on till the last moment until a contact is awarded.
8Nayara while looking at the possibilities is also looking at not putting all its eggs in one basket.
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Details
For reference purposes the website carries here the following tenders:
8Steam Generation Plant alongwith all associated facilities on LSTK basis Details
8Fire Proofing of Steel Structures in Plant Details
8Procurement of Spares for RG Compressors Details
8ARC for procurement of Filter Element Details
8Hiring of Contract Services for AMC of OFC Network Details
8Hiring of DGR Sponsored Security Agency for deployment of security personnel Details
8Prohibited Area Declaration, Land Acquisition and Land Conversion of Pipeline Details
8Procurement of Pneumatic Pressure indicating Controllers Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Delhi: Farm fires hit season’s peak, share in PM2.5 rises to 36 per cent Details
8Government hikes ethanol price for doping in petrol by up to Rs 3.34 per litre Details
8HPCL board to consider share buyback on Nov 4 Details
8Gas leak in Visakhapatnam: SC defers proceedings before NGT, grants last opportunity to LG Polymers Details
8Saudi Arabia may cut or keep Asia crude prices steady in December: Survey Details
8BPCL Q2 profit jumps 58 per cent on refining margins, inventory gains Details
8UP: Under construction gas pipeline catches fire in Moradabad district Details
8BP pitches for infra sharing with cos like ONGC; sanctity of contract Details
8China's Unipec to send supertanker loaded with diesel to the West amid surplus Details
8IBM, Indian Oil Corporation collaborate for digital services Details
8U.S. Gulf Coast energy complex braces for another storm strike Details
8Oil prices slide on demand worries as US stocks rebound from rout Details
8Gulf OPEC, Iraq question whether to keep deep oil cuts into 2021 Details
8Exxon Mobil is a fading star: no longer the biggest U.S. energy company Details
8Exxon, Chevron to cut US jobs as oil industry struggles Details
8EU set to deny gas power plants a green investment label - draft Details
8Shell raises dividend as retail boost drives confidence Details
8Tokyo Gas books 10 bln yen loss from resale of LNG in H1 Details
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8The opening up of city gas distribution networks to third party usage has got the industry divided into two camps
8Those who own the networks and want to defend their monopolies and those who want to get in
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The government is not leaving the selection of key BPCL slots to the new owners.
8But there is a caveat there.
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8Did LPG cylinder manufacturers form a cartel to bid for an OMC contract?
Find out more Details
The LNG SPA in the 2020s will look very different from how it is now
8There will be many triggers written into the SPA that can call for a review.
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Adani Welspun Exploration Ltd is planning to forge ahead with its E&P projects
8Particularly in its two Mumbai High assets
8A lot of activity is planned but do not expect it to happen anytime soon
Get an update here Details
This Rs 1517 crore NPK project was meant to have come up earlier LSTK tenders were released
8But then the managing director changed, so the project underwent a change
8There were problems with the JV partner
8And it now looks like the site will be changed too
8The company claims that the project is on, and eventually tenders will be refloated
Click on Details for more Details
8Get the updated chemical import matrix here
Click on Reports for more
Details
7.23 million tonnes of crude is headed towards Indian ports
8There is waiting on in the key unloading berths at Sikka, Mumbai, Paradip and Vadinar
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Details
GAIL says that all its US cargoes into India are swapped and then brought to India, except for a single GAIL hired vessel that plies between India and the US terminal.
8But there others, such as IOC, which are now bringing in Sabine Pass cargoes
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Details
Fluor Daniel India Is the MC for this project
8It is a big Rs 9000 crore project
8But capital approval, if at all, is a long time away
Click here for more details   Details
New comer AG&P is bullish on its CNG ventures
8It says compelling economics will drive sales
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Forced by the drought in the E&P segment, a few large project management consultants have made a beeline for refinery and petrochemical projects
8At least one of them seems to have been disqualified, it is learned
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Details
This website believes the fertilizer sector continues to provide good business opportunities, for both big and small players.
Phosphoric acid Expansion Project
8Cost - Rs 130 crore
NPK-TSP-GSSP Greenfield Project
8Cost - Rs 100 crore
Click on Details for more.
Details
There is a capital approval pending for this Rs 7000 crore refinery unit
8But the economics are compelling.
8A licensor has been selected
8So no matter what, an approval will come eventually
Click here for more details Details
The LNG market is going to remain a buyers market
8And the slope to Brent will be at less than 10% in the next five years
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The Great Eastern Shipping Company Ltd. is the largest non-government shipping company in terms of tonnage capacity, with a diversified fleet of 46 vessels in the shipping division and 19 vessels and 4 jack-up rigs in the offshore division.
8And despite all the turmoil in the shipping business, it seems to be hanging in fine
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For reference purposes the website carries here the following tenders:
8Supply supervision of Field Mounted Flow Computer with Solar panel and battery and support Details
8Baseline Data Collection for Dhamra Haldia Pipeline Project Details
8Hiring of Service for ARC of Cascade Hydrotesting Details
8Hiring of Services for Manual Meter Reading for CGD Varanasi and Patna Details
8Procurement of Hoses for Process Requirement Details
8Procurement of Standard Gas Mixture Cylinder for Gas Chromatographs Details
8Contract for services of NDT inspection of LPG mounded Storage Vessels Details
8Procurement of Indian Boiler Regulation IBR Approved Valves for HRSG Boiler Unit Details
8Procurement of Continuity Jumper for C2+ Recovery Plant Details
8Procurement of Twin Low Intensity Led Aviation Light for Stack/ Chimney installed at Captive Power Plant Details
8Hiring of Specialized Agency for Minor and Major Overhauling of Compressors Details
8Engagement of Debt Recovery Agency Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8ADNOC seeks Indian partners for $45 bn petrochem expansion plans Details
8More reforms in offing to raise private participation in oil, gas fields, says Oil Secy Details
8US seeks broader energy ties with India amid signs of demand recovery Details
8Gujarat: State discoms cut fuel surcharge Details
8Under construction gas pipeline catches fire in Moradabad district Details
8Indian refiners bet on petrochems to hedge against low fuel margins Details
8BP, Total remain bullish on India energy market Details
8Nayara Energy to expand petrol pump network by 25 pc in 1-2 years Details
8RIICO seeks investments from UAE in its petrochemical zone Details
8Asian buyers boost physical oil as pandemic punishes futures Details
8BP reappoints Wise as head of crude trading in latest reshuffle Details
You can also click on Newsclips for more   Details
Mangalore Refinery and Petrochemicals Limited (MRPL) announced that its Board has approved the acquisition of 124.7 crore equity shares of ONGC Mangalore Petrochemicals Limited (OMPL) from Oil Natural Gas Company Limited (ONGC) at a price of Rs 9.76/share.
8What are the implications?
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There is some stack up for RIL crude vessels, indicating less offtake
8This implies unplanned shutdowns
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Details
8Get the full chemical import matrix here
Click on Reports for more
Details
Cargoes coming directly from Sabine Pass in the US are beginning to flood Indian LNG terminals.
8Another interesting trend noticed is that GAIL is utilizing its Dabhol terminal more, diverting cargoes from Dahej and Hazira terminals
Click on Reports or more
Details
There is also a ammonia plant
8A brownfield project
8Cost Rs 250 crore
8Activities will start going ahead, including RFQs for LSTK contractors Details
This is a green field ammonia-urea plant.
8And it has been hanging fire for some time.
There is likely to be activity in a few months however.
Details
Auto LPG in India still has vast opportunities despite the advent of competing fuels such CNG and LNG
8Find out what is percentage of tax on Indian auto LPG compared to other countries in the world
8What is the break even distance against petrol, for example?
8The low market penetration of auto LPG in India reflects the fact that it has only recently become highly competitive with gasoline and diesel, mostly due to tax reforms
8Also know more on what kind of opportunity is still available
Click on Reports for more
Details
The tender for Rajasthan refinery's DFCCU was meant to be opened soon.
8L&T and Petrofac are the two bidders.
8But there is some uncertainty now.
   Details
 There seems to be some significant movement in the 9 MMTPA CPCL-IOC Nagapatinam refinery
8And that should bring some good news to the contracting industry Details
8BP seems less enthusiastic about how much money gas from the KG Basin block will make
Find why that is so
Details
Scrubber sales have witnessed a decline
8Is it entirely due to the pandemic?
8Or there are other reasons for it?
Click on Reports for more
Details
Get the latest as-of-October update on the following:
8Delivery forecast for various ships, according to ship type
8Mobile offshore E&P service vessel delivery forecast
8Then again offshore wind is expected to drive ordering of dedicated offshore wind vessels, but also a wider range of other mobile offshore units, such as crane units, cable layers, heavy lift and multipurpose vessels. Find out what is the forecast here
8Shipbuilding capacity and utilization over the next five years
8Total world fleet by ship type as of October
8World fleet order book position (as percentage of fleet, it is the lowest in 20 years)
8Ship decarbonisation: What is expected ahead
Click on Reports for more
Details
For reference purposes the website carries here the following tenders:
8EOI from global Oil & Gas companies with requisite technical & financial strength to carry out production enhancement from mature fields Details
8Procurement of Pipes Details
8Supply of Transducers and Analog/ Digital Meters Details
8Supply of Heat Exchanger Tubes Details
8Supply of Feed Flow MIL Control Valve Spares at refinery Details
8Supply, Installation and Commissioning of Ultrasonic Flow Meter for Flare Line Details
8EPCC-6 Propylene Recovery Unit for Petrochemical and Lube Integration Details
8Service Contract for Office Support Services Details
8Providing Operational Support Services and Technical Maintenance Services at different Gas Terminals Details
8Procurement of Mono-2-Ethylhexyl-Amine Details
8Charter hire of Workover Rigs Details
8Supply, Installation & Commissioning and AMC of Gas Chromatographs Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Government in no hurry for big PSU selloffs over market appetite Details
8Consumers may get relief on petrol, diesel prices ahead of Diwali Details
8BP slashes losses as oil demand improves Details
8India to up share of short-term LNG deals in gas use: GAIL chairman Details
8UAE's ADNOC explores more crude storage in Indian strategic oil reserves Details
8BP Plc eyes India's fuel market, wants natural gas to be under GST framework Details
8Delhi: Air at 5 stations takes a ‘severe’ hit Details
8Saudi energy minister says the worst is over for oil market Details
8OPEC chief says rising infections may delay oil recovery Details
8Lower prices drive Asia's demand for LNG as ship fuel Details
8Oil falls on oversupply fears after build in U.S. crude stocks Details
You can also click on Newsclips for more   Details
Chemical imports are up
8More than 1 million tonnes are headed for India
Click on Reports for more
Details
8.33 million tonnes of crude oil is slated to come to India in the next few days
8Get the full matrix here
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Details
Is it really a compulsion on the part of GSPC to hire low capacity vessels for Mundra?
8There are three vessels lined up as of now for the terminal, all of 60000 cubic meter capacity.
8The company did try brining in a standard sized vessel and but it seems happier sticking to low capacity vessels..
8The Mundra terminal has a low capacity utilization level, but do larger vessels lead to higher boil off at the terminal?
8Then again, are smaller, low efficiency vessels a more optimal combination?
8That is a lot of fine arithmetic, it seems, and it will all start to matter once gas prices start firming up.
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Details
It is a Rs 600 crore LPG import terminal
8The tender for tanks have been awarded as also for the civil and mechanical works
8SCADA and automation RFQs are ahead
Click here for more details Details
Now with the electric car revolution, and with COVID-19 along with the threat of peak oil looming, the big fear even among downstream contractors is that orders may dry up even in a country like India.
8So when some good RFQs comes out, like the one carried here, there is all round relief
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Details
Extracting force majeure relief in is a difficult proposition in the oil & gas sector
8One reason for this complication is because oil & gas was an exempted sector during lockdown, a fact that owners are trying to exploit to the hilt while dealing with vendors.
8In a country like India, if you are either a borrower or a vendor, or anyone squeezed into a corner by the virus, do not expect any relief. There is just no bandwidth for it.
Click on Details for more Details
This a DAP expansion project. Ticket size is rather small at Rs 100 crore but worth giving it a shot, we believe. The owner has good pedigree!
8RFQ for an EPC contractor in Q-1, 2021
Click on Details to look it up
Details
This is a greenfield fertilizer project
8Cost Rs 1750 crore
8We feel quite a few downstream oil & gas companies can make a go for it
8EPCM RFQ is now expected in December
Click on Details for more
Details
There have been some changes in tax at source as a consequence of amendments in the Finance Act
8Find out more on how it plays out in the oil & gas sector
Click on Reports for more Details
After the shock of finding a vendor falsely providing work experience, ONGC has been struggling to spruce up its systems.
8Now it is trying to rationalize its rate contract reporting sytem
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8If you are a desi electronic service or equipment provider, you can avail of some fantastic benefits under Atmanirbhar Bharat in the oil & gas industry
Click on Reports for more
Details
8There is a large business development opportunity for E&P surface facilities
8These includes processing facilities
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Details
For reference purposes the website carries here the following tenders:
8Procurement of MS Pipes Details
8Supply of ABB Breakers Spares to Panipat Naptha Cracker Details
8Rate Contract for Supply of Valve Body and Valve Plug with free Issue Material for Cryocans Details
8Repair of shorted Casing Details
8Perlite Insulation works over steam lines at refinery Details
8Global Expression Of Interest for Provision of Comprehensive Operation and Maintenance of Mangala Processing Terminal and all the Surface Equipment & Systems Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Taxes on petrol, diesel may go up further to mobilise additional revenue for Covid relief Details
8Govt mulls extending soft loans to grain-based distilleries for raising ethanol production capacity Details
8PM Modi underscores 7 key pillars of India’s energy strategy Details
8Policy focus on e-mobility, clean fuels: PM Modi Details
8Green gas to fuel kitchens, vehicles in Ayodhya soon Details
8Prime Minister Modi brainstorms with global CEOs on energy paradigm Details
8BP Plc eyes India's fuel market, wants natural gas to be under GST framework Details
8Crude oil futures decline on low demand Details
8LNG tanker rates soar ahead of expected cold Asian winter Details
8World should look at all options to reduce emissions, Saudi energy min says Details
8Oil selloff pauses, but outlook shaky on surging coronavirus cases, supply woes Details
8Economic, oil demand recovery around the corner with development of Covid-19 vaccine: Opec secretary general Details
You can also click on Newsclips for more   Details
Higher spot LNG prices are now pushing US cargoes back to India.
8Already, three cargoes are on way.
8Though one was eventually cancelled.
8What could not be fathomed however was why GAIL is brining in a low capacity vessel all the way from Sabine Pass to unload at Dabhol.
Click on Reports for more
Details
This is a greenfield pipeline
8Over Rs 1000 crore
8It will shortly look for a PMC contractor
Click here for more details Details
There is another 10-vessel tender that ONGC had floated
814 bidders had offered 47 vessels
What is the latest status on it? Details
While heavyweights in the industry are pitching for it, there is a growdswell of protests from users of gas over unified tariffs.
8Companies as far afield as the National Capital Region are unhappy
Click on Reports for more.  Details
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