Shell's $66 billion acquisition of BG: Lessons for other companies

Royal Dutch Shell's $66 billion acquisition of British Gas allowed the former to achieve a 10-year strategic goal in just one year.
8The deal gave Shell a..http://goo.gl/WNluOb

GAIL's inability to build Kochi evacuation network: Management failed to engage stakeholders

The government has read out the Riot Act to the farmers in Tamil Nadu protesting against the laying of pipelines for evacuation of gas from the Kochi LNG terminal.
8A major attempt has not been made at reconciliation. Instead protesters have been told that "land is to be acquired under..http://goo.gl/WNluOb

GAIL stares at a crisis: Spare LNG shipping capacity to disappear by Q4, 2018

The new set of analyses shows zero availability of spare LNG shipping capacity by the end of Q4, 2018.
8The argument underpinning the projections is that the current oversupply of vessels is largely due to delays in the Angolan and Gorgon LNG projects..http://goo.gl/WNluOb

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GAIL stares at a crisis: Gas major does not have a fall-back option

Rs 550 crore business development project in the E&P sector: 11 onland wells to be drilled

An E&P business development opportunity has arisen for 11 onland development wells.
8There will also be a GGS along with an accompanying 150 km in-field pipeline network.
8There is a also a..http://goo.gl/WNluOb

June 2016 data: Crude production down 4.3%

Indigenous crude oil production during June, 2016 was lower by 4.3% (134 TMT) than that of June, 2015. On overall basis, indigenous crude oil production was less by 3.3% (304 TMT) during April-June, 2016 in comparison with corresponding period of April-June, 2015..http://goo.gl/WNluOb

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June 2016 data: Gas output lower by 4.5%

Deepwater production: Higher prices needed to get more output out

There has been sharp cost cutting in the global oil and gas industry.
8Global breakeven costs have fallen by $19/bbl to the current weighted average of $ 51/bb since the peak in 2014..http://goo.gl/WNluOb

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Deepwater production: Cost of production data
Deepwater production: Another round of cost cutting needed

"Driverless" supply chain: Is ONGC prepared?

The supply chain for the oil and gas industry is likely to become "driverless" within the next 10 years. 
8What should companies like ONGC and OIL do in the interim to improve the lagging productivity in their complex supply chains?..http://goo.gl/WNluOb 

Ras gas price at $ 6.67/mmbtu: Spot cargo rates go up in tandem

The price of the latest Ras Gas cargo to Dahej under the long term contract with Petronet LNG Ltd is priced at $ 6.67/mmbtu..http://goo.gl/WNluOb

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Ras gas price at $ 6.67/mmbtu: Will prices stay high?
Ras gas price at $ 6.67/mmbtu: Uncertainty is the new constant

Slow down in petroleum consumption in June: Is this part of a larger story?

The furious rate of growth in consumption of MS and HSD has slowed down dramatically in June 2016.
8MS consumption grew by 4.4% in June in comparison to the same month in the previous year.http://goo.gl/WNluOb

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Slow down in petroleum consumption in June: Will better rains in July push it down further?

RIL's Rs 800 crore drilling programme in CY-DWN-2001/2

RIL has been granted the green signal for a Rs 800 crore exploratory and appraisal drilling programme in the deepwater NELP-III block CY-DWN-2001/2.
8The water depth in the block varies between..http://goo.gl/WNluOb

Don't need deep pockets for big ideas: Band of professionals thinks up an LNG terminal in Kakinada

You don't need to have deep pockets to think up a big idea in the oil and gas industry anymore.
8This has been proved by a bunch of US-based Indian professionals who have used ingenuity and contacts to put together a proposal for a Rs 870 crore 3.5 MMTPA Floating Storage Regasification Unit (FRSU) off the coast of Kakinada..http://goo.gl/WNluOb

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Don't need deep pockets for big ideas: Evacuation need was eliminated
Don't need deep pockets for big ideas: Finding investors will not be a problem at all
Don't need deep pockets for big ideas: Promoters stand to make a lot of money
Don't need deep pockets for big ideas: Business development opportunities available
Don't need deep pockets for big ideas: Questions answered
Don't need deep pockets for big ideas: Why was Intermediate Fluid Vaporizer Regasification technology the preferred option

Analysis says India's deepwater gas is viable: Revises domestic production targets

The gas price ceiling for deepwater gas producers is currently estimated at over $5/mmbtu.
8One set of research shows that as oil prices recover, there will be a significant increase in the ceiling over the coming years. 
8Weak spot LNG prices will..http://goo.gl/WNluOb 

LNG market evolving quickly: How soon will an LNG bunkering port come up in India?

The market for alternate usage of LNG is growing rapidly. Find out more on:
8The cost-benefit of dual fuel ships 
88Viability of small scale LNG terminals
8LNG bunker fuel supply ships..http://goo.gl/WNluOb

Rs 450 crore drilling programme in Andhra Pradesh: Drilling plan details

An onland Rs 450 crore development drilling programme is slated to make progress in Andhra Pradesh in the near future.
The website carries here the full drilling plan in terms of..http://goo.gl/WNluOb

Shale oil & gas exploration in India: Differing estimates

For reference purposes, the website carries here the estimates of shale oil and gas reserves in India made by various agencies..http://goo.gl/WNluOb

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Shale oil & gas exploration in India: Details of work programmes
Shale oil & gas exploration in India: Latest update

ONGC's KG Basin splash: Keeping a grip on costs will be important

ONGC had last week hired a 1500 metre dynamically positioned semi submersible rig from Aban Offshore at a day rate of $ 105,000..http://goo.gl/WNluOb

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ONGC's KG Basin splash: Engineering mistake can push costs up 30%
ONGC's KG Basin splash: No rig tenders as of now
ONGC's KG Basin splash: Cost estimates will require frequent review

Collaborative model for KG Basin gas: D-6 operating cost is low compared to global benchmarks

That the RIL-BP combine had kept the operating cost in the D-6 block at 1.45/mmbtu is something that is indeed quite laudable.
8An analysis done by this website shows that the D-6 operating cost is quite reasonable and in fact is on the lower side when compared to other..http://goo.gl/WNluOb

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Collaborative model for KG Basin gas: "Hub" concept works in Gulf of Mexico