ONGC has invested around Rs 80,000 crore to raise its gas production 8Even so, production may fall short of target 8But clearly enough, it will be gas production along and not crude that will drive the company's future Click on Details for more
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AGP Karaikal LNG Pvt Ltd has been left red-faced by the IOC's sudden change of the pipeline route to which the former's LNG terminal is to be connected 8But it is still hoping that somehow there will be a solution of sorts Click on Details for more
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Now that BPCL is being privatized, what is going to be the status of Numaligarh refinery, the subsidy-receiving subsidiary of BPCL, which is in the midst of an ambitious Rs. 22,594 crore expansion?. 8The managing director of the refinery, an old Assam hand, is now trying to convince both the state and the central governments to salvage the project. The petroleum ministry and the PMO are inundated with bi-partisan letters of support for the refinery from Assam but will that be enough? 8What exactly is the central government saying? Click on Details for more
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For reference purposes the website carries here the following tenders: 8Supply of Spares and Retrofitting Job of High Mast at Compressor Station Details 8Supply, Installation and Communication of RTU and Associated Items Details 8Procurement of Heat Exchanger/ Tubes Bundle Details 8Supply of Coiled Tubing Reel Details 8Boundary Wall at Sitarganj LPG Plant Details 8Transportation of ATF Ex Vijayawada Terminal Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Chhattisgarh CM seeks Centre's permission to make biofuel with surplus paddy Details 8WBPCB plans to offer gas connection to roadside food vendors Details 8IOC, GAIL to pay Adani 5% more charge than their own LNG terminal: Pradhan Details 8Cairn Oil and Gas second quarter production disappoints; Cuts FY20 guidanceDetails 8Ola partners with Microsoft Research to study street-level air quality in Delhi-NCR Details 8OPEC's share of Indian oil imports in Oct hits lowest since 2011 Details 8India’s April-October petroleum consumption growth slips to 1 per cent, lowest in 5 yrs Details 8Fires and floods make Saudi Aramco IPO a hard sell Details 8Iran: 36 killed in protests against fuel price hike Details 8Asian Oilfield to acquire majority stake in joint venture Optimum Oil and Gas Details 8Iran supreme leader warns 'thugs' amid gas price protests Details 8Shell says oil spill contained at Puget Sound, Washington, refinery dock Details 8Japan's Mitsui to invest in 2.5 GW gas-fired power plant in Thailand Details You can also click on Newsclips for moreDetails
Swan Energy had bought an FSRU for its LNG terminal at Jafrabad in Gujarat 8But the project seems to have run into a bit of a spot, and the promoters stand to lose money for now Click on Details for more
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Ammonia/Nitric Acid/SOP Greenfield Project 8Cost - Rs 200 crore 8Project Event: The Discussion process is ongoing RFQ for the Project Management Consultant and the EPC contractor is likely to be released in April 2020. Click here for more details Sulphuric Acid Greenfield Project 8Cost - Rs 50 crore 8Project Event: The discussion process is ongoing RFQ for the EPC comtrator is likely to be released in April 2019. Click here for more detailsDetails
It is an offshore block The following RFQs are expected: 8RFQs for EIA consultant is expected in Q1 2020. 8RFQs for a Mobile Shallow Offshore Drilling Unit (Jack up / Mat Type) is expected by Q2 2020. Click on Details for moreDetails
The next boost to the offshore oil & gas industry may not come from the oil & gas sector itself but from offshore wind. 8Around 40% is the commonality between the offshore oil & gas and offshore wind industry. For the Indian industry, mostly involved in support functions, and with significant indigenous capacity build-up in platform construction, the percentage will be much higher 8The business worldwide is expected to touch $1 trillion. 8The monsoon season is when capacity utilization is expected to be high from offshore wind complexes. 8According to projections made up to 2040, India, prodded by policy makers, is going to play a big role in the Indian offshore market. It get past gas-based power generation capacity quickly, as it is expected to be a cheaper soruce of power. 8Currently, India's ambitions are modest at creating 5 GW by 2022 and 30 GW by 2030 but this can change dramatically under a sustainable development scenario 8Based on technical potential, India can cover more than its domestic electricity demand from offshore wind alone. Click on Reports for a full analysis
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The are two fire fighting contracts which are ongoing in ONGC 8One is a Rs 70 crore Hazira gas processing plant fire alarm revamp 8The other is the Rs 20 crore Heera fire water pump package Get the latest update on sub-contractor statusDetails
There seems to be a "big announcement" likely from the government on the gas front 8Anticipating this, the gas purchase bidding date has been extended for one tender Click on Details for more
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22 people were fired alive while sleeping in a pipeline blast in 2014 8And yet, the gas major wants to skip on safety features on pipelines Click on Details for more
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Globally, out of 26,400 vessels, only 3,000 vessels are being fitting with scrubbers, which is just 14% of the total fleet 8But find out why one of the largest shipping companies in the world is going for a 55% fitting? Click on Details for more
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Mercator seems to be facing a serious crisis, and its ability to stay afloat is now in doubt. 8It is an fire sale of its assets, and some good bargains can perhaps be picked up. 8This is story of ambition going wrong Click on Details for more
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Oil & gas service providers, such as Saipem and Baker Hughes, are moving into renewable energy project 8Already, in 2014, non-upstream oil and gas activities accounted for 22 per cent of revenues among service suppliers. This share grew to 27 per cent in 2018. 8If pure-play contractors within drilling, well services and seismic – which don’t have much to offer outside the upstream oil and gas industry – are removed from the equation, activities outside of upstream accounted for nearly 30 per cent of last year’s revenues. Click on Details for more
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For reference purposes the website carries here the following tenders: 8Supply of Pipes as per specification Details 8Supply of AP3 and AP3 Long Life Greases Details 8Procurement of Ultrasonic Thickness Gauging during shutdowns Details 8Supply, Transportation and Installation of Smart Pylons Details 8Supply, Installation, Testing and Commissioning of SS Tubes, Fittings and related Mechanical Works Details 8Supplementary Packed LPG Transportation in LPG Plant Details 8Supply of Pump Rotary Lobe Types Details 8Supply of U Tubes Details 8Supply & Installation of Membrane Bio Reactor-effluent Treatment Plant Details 8Supply of 5600 MT of Poly ISO Butylene and 32 MT of KVIS/ PV 200 to Lube Oil Blending Plants Details 8Construction of Roads, Drains and Culverts at LPG Plant Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Tamil Nadu: Indian Oil bottling plant to enhance storage soon Details 8Delhi to soon start trial of hydrogen-run CNG buses Details 8India's Oct diesel demand falls the most in nearly 3 years Details 8ONGC sells 2nd January Russian Sokol crude at steady premium Details 8Joint action by all agencies needed to combat air pollution in Delhi: Prakash Javadekar Details 8Diesel demand falls 7.4% in October partly due to economic slowdown Details 8BPCL, Air India to be sold by March: FM Nirmala SitharamanDetails 8Maharashtra: 15 CNG fuel stations to be set up by March next year by MNGL Details 8We expected India to be more resilient to US pressure, says Iran’s Zarif Details 8Gujarat rolls out green carpet for India’s natural gas-based economy Details 8Ahmedabad: Ceramic makers propel growth with propane gas Details 8Essar, GSPC bag most of RIL-auctioned natural gas Details 8MRPL planning to invest Rs 31,000 crore to expand refinery capacity to 18 MTPA Details 8Indian Oil to spend Rs 1,000 crore to double base-oil production from Haldia refinery Details 8Saudi drone attack: India’s oil imports from Saudi dropped 16% in September Details 8Aramco declares $1.71 trillion valuation in blockbuster IPO Details 8OPEC sees smaller 2020 oil surplus ahead of policy meeting Details 8Poland to end major Russian gas contract by 2022 Details 8Savannah Petroleum completes Seven Energy deal in Nigeria Details 8Georgia's state energy company to issue 300 mln euro Eurobonds in 2020 Details 8Global energy consumption up by 2.3%, experts blame it on tech & population Details 8The Future of Oil: Why even Saudi Aramco is now talking about ‘Peak Oil’ Details You can also click on Newsclips for moreDetails
Swan Energy and H-Energy have embraced the FSRU model to set up their LNG terminals 8But despite the similarities, the two models are widely dissimilar 8One is far more riskier than the other, but both made their mistakes Click on Details for more
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Two fresh greenfield plants have come up in the fertilizer sector DAP Greenfield Project 8Cost - Rs 100 crore 8Project Event: The studies are ongoing, RFQ for the EPC contractor is likely to be released in April 2020. Click here for more details Phosphoric acid Expansion Project 8Cost - Rs 50 crore 8Project Event: The RFQ for the EPC contractor is likely to be released in March 2020. Click here for more detailsDetails
The contours of the 60 MMTPA mega refinery, in which Adnoc and Saudi Aramco are to be stakeholders, are far from being accurately drawn, it seems 8The situation on the ground is fluid and many of the parameters, including where it will be sited, have not been settled. Click on Details for more
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8India is at that crucial point in the Environmental Kuznet Curve -- a hypothesized relationship between environmental quality and economic development on account of unrelenting pollution, where people may be willing to settle for any option for cleaner air 8The PM 2.5 exceeded 1,000 during the recent Merkel’s visit (100 times WHO safe limit) similar to smoking 50 cigarettes a day 8Of the 9.7m Indians who die every year, 670,000 would not have perished if the atmosphere had been clean. 8World top ten most polluted cities (PM 2.5) are all in India 8Air pollution larger health risk than tobacco, cancer, water sanitation 8This is a crucial phase in India's economic history but the gas industry is a divided house, unable to fully take full cognizance of the opportunity in hand. Click on Details for moreDetails
Multi-support vessels (MSVs) are not like platform support vessels or anchor handling tug supply vessels 8They come expensive, as they have a multi-functional role, including diving capabilities. Click on Details to find out the day rate of a MSV tender flaoted by ONGC that opened yesterday
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Find out what is the latest update on Megha Engineering's Khambel development 8Contracts are getting finalized, it is learned Click on Details for moreDetails
A raft of offshore blocks are coming up from DSF and OALP rounds 8How soon meaningful RFQs can begin to come out of these blocks 8Click on Details for an update on one such block tabulated for the first time into our project monitoring softwareDetails
ONGC's Mehsana asset's ambitious plan to extract heavy oil found in its Lanwa field using the Cyclic Steam Stimulation process has attracted the attention of global oilfield services companies 8It is clearly a high technology job. 8Find out what the reserve price is but given the complexibity of the job, bidders may end up asking for much more. 8It is a six year job and it comes with a lot of complications, it seems Click on Details for more
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For reference purposes the website carries here the following tenders: 8Vehicle Tracking System for Tank Trucks Details 8Financial Appraisal of PRFCC & PP Unit Details 8Supply of full surface Tank Fire Fighting Package Details 8Supply of Hydrojetting Machine with Crew for Exchanger/ Fin Fan Tube, Pipe Lines & vessel internal cleaning by Hydroblasting Details 8HGU III Vessels / Columns Opening, Cleaning, Inspection & Pressure testing in HGU III unit Details 8Supply and Replacement of Wooden Supports by PUF Support of Cryogenic Lines Details 8Procurement of Coated Line pipes for JLPL Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8SC directs Centre to explore Hydrogen-based fuel technology to combat air pollution Details 8Govt mulling to cut stake in IOC to below 51% Details 8Oil spill recovery vessel flagged off in Chennai Details 8Air quality continues to remain severe in Delhi-NCR Details 8ONGC second quarter net profit falls 37 per cent to Rs 5,487 croreDetails 8Chennai: Oil spill recovery vessel flagged off at city port Details 8Crude oil futures advance on global cues Details 8Odisha: 7 held for gas leak in prawn processing plant Details 8Energy nominee distances himself from Ukraine investigation Details 8Climate change looms over giant Saudi energy IPO Details 8Oil rises on hopes for OPEC supply curbs, new optimism on U.S.-China trade deal Details 8World's thirst for oil to keep growing until 2030s Details 8Oil tankers 'go dark' off Venezuela to evade US sanctions Details 8Qatar plans change in crude oil official selling prices in Q1 2020 Details 8Algeria adopts controversial energy law Details You can also click on Newsclips for moreDetails
Two offshore offshore rigs contracts were given out by ONGC recently. 8One was awarded to Self Drilling Offshore Services India for 1 slot type rig and the other to other to Aban Singapore Pte Ltd under the HPHT Mat type category 8Find out what the ODR, the NODR and mobilization fees were for these rigs 8ONGC is known to for hiring the lowest cost offshore drilling rigs in the world, so in that context, should the hiring of offshore rigs in India now be benchmarked against the prices? 8Not necessarily Click on Details for more
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Suddenly, as if on cue, both BPCL and HPCL have lost favour with industry observers 8The blame has been put on their poor performance, but what is significant is that the conclusion that the next few years aren't bright for the companies either. 8So, it is really the performance that is the problem or is the market scared of what the future holds in store for these companies, with privatization looming ahead, that is the problem? Click on Details for moreDetails
Even mid to small fertilizer projects have begun attracting competition from a range of contractors, some of them with a strong presence in the oil & gas sector NP (20:20:0:13) Fertilizer Expansion Project 8Cost - Rs 220 crore 8Project Event: The technical bids have been opened for the LSTK contractor, Thysunkrupp, BSL Engineering, Haulu Engineering and Tata Projects are in the race, evaluation is ongoing, the financial bid is likely to be opened in December 2019 Click here for more details Note:We have the most advanced predictive software on fertilizer projects in the country. The reason for this is because we have a website covering the sector for the last 18 years!Details
There are reports from the ground of mobilization of manpower to get the Mundra LNG terminal started 8Here is a ground level report from the terminal on what is going on. 8When will the terminal be able to get its first cargo of LNG? Click on Details for moreDetails
NPK Fertilizer Greenfield Project Cost - Rs 1517 crore 8Project Event: RFQ for EPC contractor was floated in February 2017 and price bids were opened in Jan 2018, due to high price bid & land issue finalization has been a delayed. Project authorities claim that discussion are ongoing and a decision is likely in December 2019 Click here for more details (Available through www.indianfertilizer.com only)Details
For consultancy companies in the oil & gas sector, what is of importance is the rate per hour charged for its manpower 8What are the benchmark rates for the oil & gas industry under different categories? 8And how much is the differential for a general and a process consultant? 8If there are multi-year contracts, what kind of annual escalations can you ask for? Click on Details for moreDetails
What are the terminal-wise November net back prices for US LNG? 8And what is the spot LNG vessel rate as of November and how has it behaved over the past year? 8Are arbitrage opportunities available in LNG today, if so where? 8Spot LNG price slopes are now falling but has the differential with oil indexed LNG broadened? Click on Details for moreDetails
For reference purposes the website carries here the following tenders: 8Hydrocracker Unit Heaters inside Scaffolding/ Tube Cleaning Jobs Details 8Supply of Swing Type Foot Valves Details 8Supply of API Grade Drill Pipes Details 8Procurement of Compressor Spares Details 8Supply of HP DEF in 20 Litre Packs Details 8Civil works at drill site LKHD_H and LKHE_H in Lakwa area Details 8Procurement of Filter Element for Vertical and Dry Gas Filters Details 8External Safety Audit of Pipeline Installation Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Petrol, diesel prices stable after five continuous days of spike Details 8Govt may shut doors on consolidation in public sector oil firmsDetails 8India to allow foreign companies to bid in oil sector selloff Details 8Adani Gas Q2 net doubles to Rs 120 cr Details 8Punjab, Haryana should take steps to convert stubble into CNG, coal: Kejriwal Details 8Don’t burn crop stubble, convert it into biofuel: CM Yogi Adityanath Details 8IEA sees India’s oil demand doubling, import dependence rising to 90% by 2040 Details 8Oil rises on decline in US crude stocks, Fed comments on economy Details 8Growth in global oil demand to slow from 2025: IEA Details 8After boost from Perry, supporters got huge Ukraine gas deal Details 8Saudi Aramco to supply LNG to Bangladesh as part of power deal Details 8Philippines' Udenna says it is buying Chevron's stake in Malampaya gas project Details You can also click on Newsclips for moreDetails
The Mundra LNG terminal's vessel surcharges have been announced recently 8These include port dues and pilotage charges 8As well as service boat charges 8Specific LNG degasifiaction rates have not been officially announced but they are expected to be pegged lower than those charged by Petronet LNG at Dahej Click on Details for moreDetails
Get to know more on what is going on with Ramayana Ispat Pvt's Barsilla oil field development 8It is a DSF-1 field Click on Details for more, including key contactsDetails
What is the latest update on the 40 well development drilling programme at Kharsang? 8It is a big project, with the outlay earmarked at over Rs 700 crore Click on Details for moreDetails
This is a OALP block in the North East The following RFQ timelines have been set by the owner 8RFQs for seismic survey and seismic data interpretation are expected in Q1 2020. 8RFQs for EIA consultant is expected later in Q1 2020. Click on Details for block coordinates and key contacts
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Hyderabad based Devi Engineering is on a high 8It has stayed competitive to bag quite a few seismic contracts 8But does it have the resources to manage the contracts in hand? Click on Details for more
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What kind of cabon pricing will India have going ahead, up to the year 2050? This projection is coming in from a 100-member technical team deplyed for the estimation job. The planning divisions of large oil & gas companies must incorporate these pricing matrices into scenario planning. 8Also projected is that half of the new vehicles sold will be electric by the year 2032. This data will need to be incorporated into the forecast as well, when designing refinery capacity expansion. 8See projections of two wheeler share, and when will that reach 100% for India, as also of commercial vehicles, in terms of what percentage of it will be electrified over the years 8And a policy planner must take into account one important fact: that the global crude oil demand peak may come as early as 2021, even though it may come later in India. 8Clearly, planning scenarios will have to change, from 10 to 15 years to a much shorter duration, possibly 5 years or even less under such rapidly changing paradigms. The demand for crude is now dependedent on new factors, such as the learning curve in battery production and how quickly cost of lithium batteries falls. 8Are our public sector oil & gas companies equipped to handle this level of transition? Click on Details for more
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After spurt in freight rates, the crude carrier market is undergoing a rapid correction 8Corrections in some segments have been as high as 25% over the last several days Click on Reports for more
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It is a big project 8Capacity is pegged at 1.2 MMTPA 8One company is emerging as the PMC 8Find out when RFQs are coming up ahead Click on Details for moreDetails
DAP Expansion Project 8Cost - Rs 100 crore 8Project Event: The project has been elicited the term of reference and waiting for environmental clearance. It takes a minimum of three to four months for clearance. RFQ for the EPC contractor is likely to be released at the end December 2019 instead of October. The company currently working on the expansion of its phosphoric acid expansion, for which work on site has already started Click here for more details Sulphuric Acid Expansion Project 8Cost - Rs 100 crore 8Project Event: Construction progress is 80% on ground as of now. Click here for more detailsDetails
For reference purposes the website carries here the following tenders: 8Establishing Schedule of Rates for Ranchi Lubes Territory Details 8Hiring of Simplified landing String Services Details 8Carrying out piping and civil foundation works related with Vapour recovery system Details 8Supply of Booster Pumps Details 8Supply, installation and commissioning of one Nitrogen and Sulfur Analyzer Details 8Supply of Thermal Mass Flow Meter for HGU Details 8Conducting Electrical Audit of Auto LPG Dispensing Stations Details 8Supply of Non-Sparking Tools to LPG Bottling Plant Details 8ARC for Erection & Dismantling of Scaffolding Jobs Details 8Supply of PSV's (Pressure Safety Valve) for LPG Service Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India to invite foreign firms to invest in state-owned oil companiesDetails 8Toxic air in Delhi fueled by rice fields that India doesn’t need Details 8Govt to lift pricing curbs on domestically produced gas Details 8BRIEF: Adani Gas' Q2 consolidated profit rises Details 8Indian Oil expects diesel demand to recover in six months Details 8Indian Oil looks to import Russian oil: Chairman Details 8Delhi's air quality nears 'severe' levels again; northwesterly winds, farm fires to blame Details 8ONGC seeks buyers for KG Basin gas Details 8ONGC wants to take Opal out of SEZ as domestic demand grows Details 8Indian Oil in talks with Rosneft to import Russian oilDetails 8GAIL plans two million tonne polycarbonate plant Details 8Oman's oil and gas sector allocated investments of $10 bn-$15 bn: Minister Details 8Norway approves Equinor's request to cut Troll gas quota: Ministry Details 8Oil dips as US-China trade deal hopes fade Details You can also click on Newsclips for moreDetails
This website is not getting great feedback on the Jaigarh-Dhobal pipeline and how quickly the Jaigarh FSRU can being to get working 8Our data seems to show that everything is getting delayed Click on Details for more
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