For reference purposes the website carries here the following tenders: 8Procurement of Tubing Spider/ Pneumatic Slips Details 8Corrigendum: Procurement of Exchanger Gaskets Details 8AC and DC Interference Survey Details 8Corrigendum: Hiring of patrolling and survelliance services for the LPG pipeline network Details 8Procurement of Tubing Retrievable GLVs and Conventional Mandrels Details 8EOI for Repair and Maintenance of Pipelines Details 8Civil Works for Deployment of Testing Rig Details 8OFC Maintenance Contract for Dabhol Bangalore OFC Network Details 8Repairing and widening of road connecting from PWD road up to drill site Details 8Carrying out Miscellaneous Electrical Works in LPG Plant Details 8Selection of Contractor for Housekeeping, Security and Crèche Services Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8More than 1,000 BPL families get LPG connections over two years Details 8Lucknow: Gas firms offer 5kg ‘Appu’ without connection Details 8Tripura hikes VAT and cess on petroleum products to boost revenueDetails 8Reliance, BP get key ship on KG-D6 for expediting natural gas outputDetails 8Sharply fluctuating fuel prices defined oil and gas sector in 2018Details 8Petrol price cut to its lowest level in 2018, diesel rates at 9-month low Details 8ONGC salvages cyclone-hit rig Olinda StarDetails 8Mohali and Chandigarh to get more gas distribution stationsDetails 8FPIs invest Rs 5,400 crore in Dec on slump in crude prices, strengthening rupeeDetails 8Prime Minister lays foundation stone of 50 MW LNG-based power project in AndamanDetails 8Oil bulls cap wackiest year-end in decade with bet on 2019 rallyDetails 8Libyan oil revenue dips to $2.4 billion in NovemberDetails 8Indonesia's PGN to pay $1.39 bn for Pertagas stake, 22% more than previously announcedDetails 8New Mexico oil producers brace for tighter regulation as output jumpsDetails 8Russia's Gazprom Neft says its plans are resistant to low oil pricesDetails 8China's state oil firm Sinopec suspends top officials at trading armDetails 8Shell completes sale of New Zealand entities to OMV for $578 millionDetails 8After wacky year, hedge funds betting on better days for oil in 2019Details 8Crude oil prices rise, but set for first annual decline since 2015Details You can also click on Newsclips for moreDetails
Here are some long term projections that the oil & gas industry must take into serious consideration in their decision making 8Electric vehicle (EV) sales are accelerating rapidly and once price parity is reached with gasoline vehicles (possibly as early as 2025), many expect a so-called “S-curve inflection point of demand” to reshape the automotive (and fossil-fuel) industry in profound ways. EVs’ critical component – their battery – is expected to fall in price by more than 70% by 2030, having already fallen by 73% since 2010. 8Exxon Mobil predicted in 2015 that the renewables share of global primary energy demand would barely surpass 15% by 2050. Yet the latest projections from Bloomberg New Energy Finance (BNEF) claim that total energy production will shift from two-thirds fossil fuels today, to two-thirds renewables in 2050. 8According to recent estimates from BP, there are enough known oil resources using only existing technology to meet more than twice the world’s demand for oil up until 2050. 8Since much of the world’s oil reserves may now never be recovered, a high reserves-to-production ratio is no longer a sign of strength, but of inefficiency. 8Dramatic technological breakthroughs have seen the emergence of low cost producers and this is likely to erode the rents earned by producers such as Saudi Arabia. Then again, low-cost producers are likely to increase production to gain market share and convert as much of these resources into financial wealth as possible. 8Also to note is the fact that just as the oil market has fragmented with the entrance of smaller producers (such as the shale gas operators), the electricity system more broadly is on the verge of widespread decentralization amid the Fourth Industrial Revolution. The most obvious example of decentralized energy is rooftop solar PV, where falling costs are allowing decentralized energy grids to compete with utilities in most industrialized countries. However, the revolution can extend far beyond the household level and promise to remake the way citywide electricity distribution and beyond is structured. Click on Reports for more
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Income for design and fabrication of facilities set up in India by a foreign company will not necessarily have to be taxed in India. 8Find out how this is going to help the oil & gas industry in a big way Click on Reports for more
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Cairn India will soon start looking for shale gas and CBM within the Barmer field 8The integrated policy announced by the government seems to have helped push the company to look for non-conventional resources Click on Reports for more
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Is the world staring at an LNG glut in the next couple of years 8There are indications that the gas to crude price slope has crashed Find out how that will benefit India click on Report.
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Two new LNG terminals are facing hiccups, it seems 8GSPC’s Mundra LNG terminal is now commissioned, but no volumes have been noticed out of it 8The H-Energy FRSU commissioning deadline has now been put off: Click on Reports for more
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Reliance Industries spend more money on Corporate Social Responsibility than IOC and ONGC put together. 8What is more, IOC and ONGC's efforts, on account of government intervention, are badly targeted Click on Reports for more
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Great Eastern Shipping is clearly an outstanding Indian company 8In the midst of emerging turmoil ahead, following IMO 2020 and new ballast water treatment norms, this is one company which stands a chance of emerging as a winner Click on Reports for more
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A subsidiary power company needs to install a De-NOx system in its power plant premises to comply with e-norms. 8Feasibility study has been done. 8Technology analysis is in process. 8Find out more on when the RFQ is coming up Click on Details for more, including key contacts. (Access only through energylineindia.com)Details
NPK Fertilizer Greenfield Project 8Cost - Rs 1517 Crore 8Project Event: Price bid finalization for an EPC contractor has been delayed, Discussion is currently ongoing. Finalization likely in January 2019 in place of December 2018. Click here for more details Sulphuric Acid Expansion Project 8Cost - Rs 100 Crore 8Project Event: The EPC contractor has completed 60% of erection & installation. Commissioning is likely to be completed in July 2019. Click here for more detailsDetailsDetails
Are you good at handling the DGH and the petroleum ministry? Can you get a proposal or an application followed through? A new breed of private entrepreneurs is now looking for those with contacts in Lutyens Delhi to follow through their E&P proposals with the government of India. Here is an example 8Project Name: Drilling Field Development 8Project Cost: Rs 200 crore 8Project Event: RFQ for the hiring of a consultant is expected by February 2019. RFQ for the hiring of a drilling and workover rig is expected by Q3 2019. RFQ for the hiring of equipment is expected by Q3 2019. 8Expenditure Approval: Q1/2018 8RFQ Date: Feb/2019 8Release Date: Apr/2019 8Start Date: Jun/2020 8Completion Date: Dec/2021 Click here for more details, including key contacts.Details
Specialized drilling company, Nabors, have just grabbed an ONGC offshore contract 8What is more, it was on a nomination basis 8What is so special about Nobors that it can pick up such a deal in what is ordinarily a competitive landscape Click on Details for moreDetails
8Project Name: Greenfield POL Terminal Project 8Project Cost: Rs 467 crore 8Project Description: Environment Clearance is yet to be received because of which the project is going to be delayed. The project was meant to be commissioned in October 2020 but now it is anticipated by Q2 2021. Further RFQs for the mechanical work, like fabrication and erection of pumps, compressors and DG sets, are set to come out going ahead. Click here for more detailsDetails
An LPG pipeline, set up at a cost of Rs 400 crore, is slated for commissioning in January 2019 8It was meant to be on stream in April 2018 Click on Details for more, including key contactDetails
For reference purposes the website carries here the following tenders: 8Corrigendum: Procurement of USM Meters for DRS for Kanpur and Bareilly Details 8Supply of Pre-Gelatinized Starch Details 8Hiring of Services of Liquid Nitrogen Details 8Replacement of Existing Sour EPS Manifold at NRM GGS Details 8Expression of Interest for Construction works Details 8Laying of MDPE Network and GI/ Copper Installations Details 8OTS Upgradation at refinery Details 8Supply of Ethyl Mercaptan at refinery Details 8Supply of Antioxidant for refinery Details 8Construction of Above Ground Cone Roof Tank for ATF Storage Details 8Corrigendum: Transportation of Equipments Details 8Supply, Installation & Commissioning of Semi Automated Shot Blasting at refinery Details 8Expression of Interest for provision of various G and G Studies and Services Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Indian Oil, ONGC, NTPC most profitable PSUs in FY18 Details 8April-November fiscal deficit touches nearly 115 per cent of FY target Details 8In 8 months, state oil firms use 63% of Rs 89,000 cr capex target for FY 19Details 8India’s first 24x7 solar-powered fuel outlet by IOCL opened in Kochi Details 8Govt must call the oil import lobby’s bluffDetails 8DNA Edit: Prelude to a storm - Slump in crude oil prices could have different meaningsDetails 8Crude prices right now offer binary recession bet: Oil strategyDetails 8Rosneft's head blames US Fed for low oil pricesDetails 8Israel's Paz Oil renews contract with Palestinian AuthorityDetails 8Indonesia grants new oil blocks contracts in the third bidding round Details 8Qatar's Pearl gas-to-liquids plant back to normal production rate: ShellDetails 8Russia says unpredictable US, protectionism behind oil price volatilityDetails 8US oil claws back some ground, but oversupply worries persist Details 8US fossil fuel exports spur growth, climate worriesDetails 8Efforts on to increase Indo-Russian bilateral trade to $30bn Details 8Oil prices jump, but oversupply worries persistDetails You can also click on Newsclips for moreDetails
Project: A greenfield multipurpose hydel project is at survey and investigation stage. 8The terms of reference have been accorded. 8Also, WAPCOS is the EIA consultant. 8Directions from MoEF are being taken into consideration. 8The project has an interstate boundary issue. 8What are the RFQs expected? Click on Details for more. Project:A greenfield hydro-power project is to come in package wise mode instead of EPC. 8Approval from CWC has been granted. 8The project is held up due to pending techno-economic clearance. 8Directions from MoEF are being considered. 8What kind of RFQs are expected? Click on Details for more. (Access only through energylineindia.com)Details
There is not enough debate in India on the devastating impact of low sulphur fuel regulations coming into effect from 2020 (under IMO 2020) on the shipping industry. 8The level of preparation is weak. 8Funding models for the transition have not been evolved, unlike in other countries where the banking system has been very cooperative. 8A study shows that IMO 2020 will have a devastating impact on the ship building industry and global trade. 8No one is therefore banking on 100% compliance. 8But there will rapidly development leading up to 2020, and from all indications, the Indian industry is very ill-prepared for it Click on Reports for more
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Chinese demand is the big imponderable in the global market for gas. 8Depending upon which way it pans out, it seems that eventually there will be a convergence of gas prices across the world, with European, American and Asian prices meeting at one point in the graph. 8The point is when will that singularity happen 8Also, at what level will gas prices converge? There are two scenarios here, one of which points to a disturbingly high price for gas, making it unaffordable in India. Click on Reports for more
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Most offtakers of US LNG have secured shipping whether it be from the existing fleet on the water or vessels under construction. 8GAIL is one of those rare exceptions. 8Shipping rates touch dizzying heights before falling the under $100,000 mark 8There is no guarantee that rates will not touch $200000/day again Click on Reports for more Details
India's natural gas production will rise by a third provided the output locked in a dozen fields of ONGC and OIL is opened up by giving remunerative market prices. 8In the absence of a viable gas price, they will have to mothball Rs 21,000 crore worth of projects. Find out which are these projects click on Report.
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Like its politics, Pakistan's gas industry is in turmoil as the government is trying to renegotiate offtake deals with two LNG terminals 8But the good news is that Exxon Mobil has taken up a stake in an offshore gas block. 8The multinational is now thinking of putting up an LNG terminal as well Click on Reports .
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8The future of gas: Is it a lost opportunity? Click on Report for more. 8Going ahead, the expectation is that petroleum imports will ease significantly as crude oil prices continue to decline. POL exports would also be hampered to some extent with fall in prices. International crude oil prices are expected to continue falling as a supply glut persists despite attempts by OPEC+ to cut oil production.Click on Report for more.
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For reference purposes the website carries here the following tenders: 8Supply and Delivery of Bio-diesel Details 8Providing Owner’s Management Consultancy services for setting up of Greenfield Refinery & Petrochemical Project Details 8Fabrication and Installation of new U-Tube bundles with end cover after removal of old tube bundle Details 8Charter Hiring of 1000 HP Mobile Drilling Rigs Details 8Stacking of Line Pipes at Store Yard Details 8Procurement of Mechanical Seals Details 8Procurement of Sucker Rod Pump and Accessories Details 8Hiring of Services for Processing of 3D Seismic data Details 8Supply, Installation and Commissioning of Odorizing Unit Details 8Aboveground GI Installations including Last Mile Connectivity at Consumer End Details 8Procurement of Differential Scanning Calorimeter Details 8Hiring of Consultancy Services for Flare Connection Details 8Providing Cylinder Handling and Miscellaneous Jobs at LPG Bottling Plant Details 8Manufacturing and Supply of Mild Steel Underground Tanks Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Alka Mittal takes charge as ONGC Director (HR) Details 8ONGC in trouble as acquisitions raise debt, investor confidence shaky Details 8Odisha Lawmaker got Rs. 1850 LPG Subsidy meant for poor: Oil Minister Details 8Leg-up to LPG infra: OMCs receive nod for pipeline between Kandla & Gorakhpur Details 8Oil prices rise after Christmas Eve plunge Details 8Crude price relief to Modi govt: Brent dips below $50 per barrel; government may breathe easy on CAD Details 8India’s crude oil production declines 3.5% in November 2018 Details 8US economic outlook, OPEC-Russia decisions hold key to 2019 crude oil price Details 8U.S. oil prices extend gains as equities rise, but economic worries weigh Details 8In 8 months, state refiners use 63% of Rs 89,000 cr capex target for FY 19 Details 8Turkey to discount residence electricity and gas prices by 10% in 2019: Erdogan Details 8Iraq's Kirkuk oil exports to stay restrictedDetails 8Private buyers of Iran crude had no problems exporting it: Oil ministerDetails 8Oil rises to $51 after steep slide; growth fears weighDetails 8US oil prices rebound after tumbling to lowest since June 2017 on economy fearsDetails 8Kuwait light crude output expected to rise to 250,000 bpd in 3 years Details 8Kazakhstan: OPEC, non-OPEC nations must stabilise oil prices in Q1Details 8Oil prices to stabilise in H1 of 2019: RussiaDetails 8Kuwait appoints Hashim Sayed Hashim as CEO of Kuwait PetroleumDetails 8Share market update: OMCs trade mixed; RIL dips over 1%Details 8Govt to allot 10 coal mines to CIL in 2019, expects higher output to meet fuel demandDetails 8World's largest floating LNG platform starts production in Australia Details You can also click on Newsclips for moreDetails
8Project Name: Development Drilling 8Project Cost: Rs 6000 crore 8Project Description: A167 well plan is in the offing. The project also involves the construction of FGGS, GGS, OCS, QPS at several locations. Clearances are still to be sought however. Upcoming requirements for the project are:- Drilling rig, Drilling fluid, Casing pipes, Infield pipes, Oil field chemicals (Barite, Bentonite, Carboxy Methyl Cellulose, Resinated Lignite, Mud thinner, Caustic Soda, Potassium chloride). 8Project Event: RFQ for a drilling rig is expected by Q4 2019 8Expenditure Approval: Q4/2018 8RFQ Date: Q4/2019 8Release Date: Q4/2019 8Start Date: Q2/2020 8Completion Date: Q4/2025 Click here for more detailsDetails
8Struggling offshore rig provider tackles problems with cyclone hit rig in India 8ONGC's Well Logging Tender: Lots of participants turn up Click on Details for moreDetails
8Project Name: Greenfield RLNG Project 8Project Cost: Rs 421 crore 8Project Event: RFQ for Boiler 4 is expected by the first week of February 2019. Click here for more details 8Project Name: Greenfield POL Terminal Project 8Project Cost: Rs 140 crore 8Project Description: At present land preparation and boundary, wall work is in progress. Further RFQs are expected soon. Click here for more detailsDetails
8Pre-commissioning activity to start from the first week of February 8It is a low cost revamp Click on Details for more, including key contact personDetails
8Project Name: Mahmora Exploratory Drilling 8Project Cost: Rs 456 crore 8Project Description: It is a 10-well exploratory drilling programme Click here for more details for key contact and other project detailsDetails
Ammonia Greenfield Project 8Cost - Rs 2773 Crore 8Project Event: The proposal for terms of reference has been submitted and paperwork for the public hearing is ongoing, hearing is likely in December 2018 itself. RFQ for the EPC contractor is likely to be released in January 2019 Click here for more details Granular Single Super Phosphate Greenfield Project 8Cost - Rs 148 Crore 8Project Event: RFQ for the EPC contractor is likely to be released in February 2019 in place of November 2018 due to delay in the discussions. Click here for more details SSP Fertilizer Greenfield Project 8Cost - Rs 90 Crore 8Project Event: The RFQ for the LSTK contractor released and price bid has been opened, due to high price bid, the discussion process is still ongoing. Finalization in January 2019. Click here for more detailsDetails
Hydrology and social impact assessment studies are in process for a greenfield 800 MW thermal power project. 8The terms of reference proposal have been deferred. 8Directions from the MoEF are being taken into consideration. 8However, coal linkage issue is a major concern. 8What ate the opportunities ahead? Click here for more details(Access only through energylineindia.com)Details
The fact that coal-based power projects are back in fashion is evident from the recent identification of 200 new sites for the thermal power plants.Technological improvements is one reason why the enthusiasm is palpable, along with the fact that demand for power is expected to outstrip supply. A case at point is the PFR that has been prepared for an 800 MW advanced ultra super-critical technology thermal power project. 8New technology allows for use of "clean" coal. 8Efficiency levels are significantly higher for these units, unlike sub-critical and super-critical units. 8Moreover, coal consumption is set to go down per unit of power produced Click on Details for more.Details
Oil and Natural Gas Corporation Limited' Tripura Asset is expected to soon monetize its unutilized assets, which are stuck due to the forest clearance mechanism. As per the top sources, a high level meeting has been chaired by Harsh Vardhan has ordered the processing of all ONGC Tripura projects on fast track basis within next 2 weeks. 8To be precise, there are atleast 23 different proposals which are pending for clearance with the ministry. 8Moreover, the meeting also decided to examine the feasibility of a few tailormade projects (Power, Road, Oil and Gas), which will be supported with central Government funding. Click on Details for more
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The website also carries here full details of how an ammonia-urea complex based on high ash content Indian coal. 8The point to note is that China produces more than 80 MMTPA of ammonia (40% of global ammonia production). More than 50% of this is through coal gasification. 8The point to note is that one such ammonia-urea plant is coming up using a mix of 75:25 coal + petcoke combination. 8The performance of the plant will be watched with much interest by the LNG industry as well, as the mushrooming of such units will lead to a lesser demand for LNG. 8A typical ammonia-urea unit will need 3.5 MMTPA of coal and 0.32 MMTPA of petcoke. 8The investment is large though, at around Rs 11,000 crore for a unit, almost double of a gas-based ammonia-urea plant, but cost-plus fertilizer pricing policy provides a cushion for such units to come up. Click on Reports for more
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8The dynamics of India's oil & gas taxation regime. An apologist's view Click on Reports for more 8Rs 7200 crore worth of pipelines, Odisha centric Click on Reports for more 8The South Sudan block, where OVL is invested, is limping back to normalcy. Full production is expected from next year Click on Reports for more 8Oil marketing companies must take note: the e-vehicle push is reaching a tipping point globally and will pick up speed in India too 8Don't expect the INR to appreciate too much right up to Q4, 2020. Here is a very comprehensive quarter-wise estimate Click on Reports for more 8Find out the full economics of a 120 KLPD molasses-based ethanol plant and a 4 MW co-generation power plant Click on Reports for more 8A 50-well exploratory programme is being drawn up at a cost of Rs 1500 crore. Know more 8GST rationalization: What are the implications? Click on Reports for more
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A global agency fears a "downturn" in the following activities: 8E&P activity 8Oil field services 8Refining 8Contract drilling 8Midstream Click on Reports to find out why
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A 9 MMTPA refinery capacity build up is coming up 8Among the units coming up are: Crude/Vacuum Distillation Unit, a Diesel Hydro-treater unit for hydro-treating Diesel, Kerosene & Naphtha streams to meet BS VI Diesel specifications, a VGO Hydro treater unit to hydro treat feed for INDMAX Unit, a MS Block comprising of NHT, ISOM and CCR to treat Naphtha, LPG Treating Unit and a Delayed Coker Unit for Residue upgradation. 8Licensors are now needed for the expansion Find out what kind of RFQs are coming up
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A research team revisited 9000 households in which it undertook a survey three years ago on the impact of the petroleum ministry's LPG cylinder distribution scheme 8The survey has thrown up some surprising results Click on Reports for more
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Specialized international companies, with their superior capability, are filling up the offshore service providers role in the oil & gas industry. Here is an update on one such company with experience in: 8Pipelaying 8Cablelaying 8Well intervention 8Offshore support 8Diving support 8Offshore wind farm installation 8Pile-driving 8FPSO installation and offloading 8Handling, lifting and deep-water lowering 8Hydraulic systems 8Electrical power and automation systems Click on Reports for more
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ONGC's performance on the crude oil production seems to be in inexorable decline, strengthening the case of the government to lease out some of these fields either directly to the private sector or through production sharing contracts 8Crude oil production in November was 11.35% lower than the monthly target and 5.01% lower when compared with November, 2017. Cumulative crude oil production for April-November, 2018 was 6.28% lower than target for the period and lower by 5.60% than production during the corresponding period of last year. 8The whole lot of issues -- from the failure of ESP pumps to non-availability of MOPUs -- seem to be plaguing ONGC's fields 8A lot of that can be attributed to bad planning Click on Reports for more
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The coal-based power sector is exhausted at the moment. 8Private sector investment is difficult to come by, expect from a handful of companies. 8But a recent survey shows that an inflection point is just around the corner, as demand increases, when the capacity building can restart in this segment, despite the onslaught of renewable power. Click on Reports for more
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Pooled LNG prices for the fertilizer sector are currently ruling at high levels. 8The current pooled price is around $10.84/mmbtu (get a full trend of how pooled prices have behaved over the years). 8Pooled prices are likely to stay high as the supply of cheap domestic gas declines. 8The good news is that the pooled price is significantly higher than the breakeven prices of new gas coming in from the KG Basin, implying that the fertilizer sector can absorb a large portion of the new gas that will come in from 2020 onwards. 8Another part of the story is that high pooled prices can give an impetus to new ammonia-urea plants using coal as the feedstock. 8The per mmbtu price of coal is cheaper than of gas, using syngas through a coal gasifier. Click on Reports for more
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8Project Name: Offshore Field Development 8Project Cost: Rs 2830 crore 8Project Description: The owner is expected to float an RFQ for the development of an offshore field soon. As per the sources, the work scope will include five new wellhead platforms, four segments of infield pipelines totaling 40 kilometers, one 65-kilometer trunkline and other associated offshore infrastructure. The owner had previously floated 2 EOIs, one for the hiring of a MOPU and the other an EPIC for an onshore terminal but the tenders are yet to be floated for them. Low prevailing crude oil prices have made project authority go slow, given the sensitivity of project economics to crude prices. The project is expected to be completed by May 2021 and the EPC contract is likely to be awarded by the second quarter of next year.The first batch of gas for the project is expected by Q2 2020. Further RFQs are expected shortly. 8Project Event: RFQ for hiring EPC contractor for the Offshore Platform and associated facilities is expected by January 2019. 8Expenditure Approval: Apr/2018 8RFQ Date: Jan/2019 8Release Date: Mar/2019 8Start Date: Q4/2019 8Completion Date: Mar/2023 Click here for more detailsDetails
Coal Gasification Unit Greenfield Project 8Cost - Rs 4750 Crore 8Project Event: The tender for LSTK contractor has been released and L&T, Tata Project, Wuhuan Engineering and one other Chinese company are in the race for the LSTK contractor's job. The price bid for the LSTK contractor is likely to be released in January 2019. it is likely to be finalized in March 2019. Click here for more details Ammonia-Urea Energy Saving Project 8Cost - Rs 262 Crore 8Project Event: A Rupee term loan of Rs. 1044 Cr sanctioned for the Energy Saving Project by SBI at the most competitive rates. The long lead item delivery is ongoing at the site, detailed engineering is ongoing as well. The commissioning is likely to be done by November 2019. Click here for more details NOx Emission Reduction Project 8Cost - Rs 8 Crore 8Project Event: The NIT for LSTK contractor for the NOx Emission Reduction has been released and only two bids were submitted till 25 September 2018. The bid submission date has been extended. Click here for more detailsDetailsDetails
8Project Name: Water Injection Platform 8Project Description: Oil and Natural Gas Corporation Limited is planning the development of a Water Injection Platform (WIS). The project envisages the development of a new water injection platform with a water handling capacity about 350,000 barrels per day and will be bridge connected to an existing water injection facility. Furthermore, a 125,000 bpd water capacity desalination plant is also expected to be constructed in its periphery. The LOI for the project is likely to be awarded by March next year and is expected to be commissioned by April 2021 Further RFQs are expected shortly. 8Project Event: RFQ for hiring an EPC contractor is expected by January 2019 8Expenditure Approval: Q1/2018 8RFQ Date: Jan/2019 8Release Date: Mar/2019 8Start Date: Q3/2019 8Completion Date: Apr/2021 Click here for more detailsDetails
8Project Name: Ramanmandi- Bahadurgarh Pipeline Expansion Project 8Project Cost: Rs 243 crore 8Project Description: Hindustan Petroleum Corporation Limited along with EPCM contractor L&T Hydrocarbon Engineering Limited is doing the mechanical work to expand its Ramanmandi to Bahadurgarh pipeline from 4.71 MMTPA to 8 MMTPA . 8Project Event: RFQ for the pre-commissioning work is expected by February 2019. 8Expenditure Approval: Q2:2016 8RFQ Date: Feb/2019 8Release Date: Feb/2019 8Start Date: Q1:2017 8Completion Date: Apr/2019 Click here for more detailsDetails
An LPG expansion up to 40000 MT has been delayed 8It was meant to have been commissioned by July 2018 8The new date is October 2020 Click on Details to know more, including key contactsDetails
For reference purposes the website carries here the following tenders: 8Rate Contract for Testing of Hydraulic Oil used in various components Details 8Corrigendum: Procurement of LPG/ Propane Vaporiser Details 8Consultancy Services for Crude Handling Facilities Details 8Supply of Poly Anionic Cellulose Details 8Hiring of Cranes Details 8Procurement of ERW Line Pipes Details 8Hiring of services for Operation and Maintenance of Hot Oil Circulation Units Details 8Procurement of Product and Dosing Pumps for Construction of POL Terminal Details 8Survey of Pipeline Route and City Gas Stations Details 8Hiring of Actuary for carrying out Estimate/ Final Actuarial Valuation Details 8Empanelment of Agency for Market Survey and Natural Gas Demand Assessment Details 8Site Grading and other Associated Works for Polyol Project Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Gujarat: Fire breaks out at ONGC project site in Padra, one injured Details 8India's crude oil production down 3.6 per cent in current fiscal so far Details 8Rs 3,400 crore Bokaro-Angul pipeline to help expand gas supply for 11 districts: Oil MinDetails 8Experts team brings Oil and Natural Gas Corporation rig back to normalDetails 8NFL takes Rs 1,044 cr loan from SBI for energy efficiency projectsDetails 8What 2019 augurs for listed oil companies in IndiaDetails 8Petrol cheaper in Delhi than Noida Details 8Iran crude vital for sustaining balance in oil trade, says IOC Chairman Details 8Vedanta chief Anil Agarwal bullish on mining, oil and gasDetails 8Spat over gas leaves Indian diplomats in the coldDetails 8Petrol price touches new low in Delhi at Rs 69.79 per litreDetails 8New auto policy, FAME II to drive India's clean mobility push in 2019Details 8Indore: Food department distributes over 3 lakh litre kerosene every monthDetails 8Petroleum price spike and crash: The crisis that wasn’tDetails 8KMSS to launch ‘resistance movement’ against oilfield privatization attemptsDetails 8Saudi Arabia pips Russia as China's largest crude oil supplier in Nov Details 8Oil prices may stay steady next yearDetails 8Rupee on course for redemption in 2019 on oil price plungeDetails 8Producer’s fiscal break-even a key factor in setting oil pricesDetails 8China's LNG imports hit record in NovemberDetails 8OPEC in a ‘whatever it takes’ moment to prop up oilDetails 8On road to clean energy, auto sector eyes election year boost to salesDetails 8Ghana's first oil exploration licensing round attracts global majorsDetails 8Retrospective taxation justified, even US, UK, Netherlands have done it, says governmentDetails 8Shares of Chinese energy majors tank as crude oil price plungesDetails 8BRIEF-Russia's Gazprom sees 2018 revenue rising 25 per centDetails 8BRIEF: Egypt aims to produce 7.8 bcf of natural gas per day in 2019-2020Details You can also click on Newsclips for moreDetails
8Find out more on how nano particles can change the drilling tools industry 8Also know more on how the trend towards more spot purchases gives Petronet LNG an advantage over newer terminals 8Know more about how ONGC launched a rescue mission on Olinda Star back on an even keel after it tilted dangerously in the aftermath of a cyclone in Andhra Pradesh last week. 8One of the big three Indian IT companies seems to have pushed itself into a vantage position when it comes to finding oil & gas solutions Click on Reports for more 8Know more why the Tatas have decided to quit the E&P business after it was unable to acquire the right scaling up in the industry 8McDermott International, Inc. announced that it has been awarded a technology contract by HPCL Rajasthan Refinery Ltd. (HRRL) for the license and basic engineering design of two 490 KTA polypropylene plants in Pachpadra Tehsil, Barmer District, Rajasthan, India. Click on Reports for more
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The price of gas flared up to a little over $12/mmbtu in November 2018, up from $8.7/mmbtu for the same month last year. 8This has forced a significant drop in gas demand, from 8LNG import for the month was down 17.8% lower as a consequence 8The data once again shows that the Indian market is extremely price sensitive. 8But these high prices augur well for the KG Basin discoveries which are currently being developed by ONGC and the RIL-BP combine, as their breakeven levels are expected to be below prevailing benchmark LNG prices. While the LNG market is expected to remain over supplied, the demand supply gap narrows and reverses just around the time that the Indian discoveries go into production. Click on Reports for more.
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