New DHDT and FCC GDS: Business Development opportunity

A new DHDT unit along with a new FCC GDS unit are part of a proposal of an existing refinery to meet BS-VI specifications.
8RFQs are expected shortly.
8A new SRU block is also part of the programme.
8A new crude pipeline is also...http://goo.gl/WNluOb

Is ONGC going bankrupt? An international bankruptcy model seems to think so

An international prediction model has been utilized to project the possibility that ONGC may go bankrupt unless the company is careful about its spending and dividend policies.
8The "Z" score model has been successfully used in the...http://goo.gl/WNluOb

Crude price projections: Do not believe time series projections anymore

A complex new study has established that time series projection of crude oil prices can lead to false results.
8This is because the daily crude market price data is...http://goo.gl/WNluOb

ONGC's mud engineering contract: Halliburton grabs job despite high quote for equipment and services

Halliburton has swung the deal for supply of mud engineering services using SOBM chemicals for a total of 190 offshore wells of ONGC.
8A total of five offers were received but...http://goo.gl/WNluOb

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ONGC's mud engineering contract: Bid prices came as a surprise to company brass

Indraprashta Gas: Outlook dependent on government largesse

The outlook is bullish on Indraprastha Gas Ltd and most brokerage houses have a "Buy"  recommendation out on the company's scrip but the big imponderable is that the company's success is heavily dependent on government largesse.
8Volumes of gas sold, at...http://goo.gl/WNluOb 

GAIL-HPCL seeks long term ethane supplies for east coast petrochemical project

GAIL and HPCL are planning to set up a petrochemical complex in Andhra Pradesh based on imported ethane.
8To this effect, the gas major has invited EOIs...http://goo.gl/WNluOb

How to game ONGC's offshore rig tender: Rig owners should bid aggressively in the next tender

Understanding the L-1 rates of rigs deployed in ONGC will help those who are planning to bid for ONGC's  next rig tender
8Research is needed by a bidder to understand the kind of rates that the...http://goo.gl/WNluOb

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How to game ONGC's offshore rig tender: Some companies know the mantra, others don't

How to game ONGC's offshore rig tender: Find out the company's rig rates

Drop in POL consumption: What accounts for it?

Only heavy rains in parts of India and the attendant flooding can explain the 4.7% dip in the consumption of petroleum products in July over June 2016. 
8Except for LNG, MS and ATF, all other major petroleum products have shown...http://goo.gl/WNluOb  

New exploration policies: Government seems to be in a big rush

The government seems to be in a big rush to push through with the new exploration policy.
8The draft documents for operationalizing the...http://goo.gl/WNluOb  

How to secure a bailout package in ONGC: A survival guide for a cash strapped contractor

The website carries here a survival guide for a cash strapped contractor with an ONGC contract which is running foul of its timelines. 
8The public sector E&P giant is usually at a loss when it comes to dealing with..http://goo.gl/WNluOb 

Charter hire of GOL-owned Badrinath by ONGC: Where is the contract headed?

Will ONGC cancel the charter hire contract for the GOL Offshore owned offshore rig, Badrinath, on account of the inability to pay the requisite Performance Bank Guarantee?
8ONGC had, in an extraordinary gesture, extended the time limit for...http://goo.gl/WNluOb  

Will FMC-Technip combine compete in future ONGC tenders?

FMC Technologies Inc is one of the world's largest provider of sub sea equipment for the E&P industry. The recent merger of FMC with Technip, a leading project management and engineering company, has created a...http://goo.gl/WNluOb 

Ammonia-urea units: Big business development opportunity available

There is a lot of commonality between equipment supplies in the oil and gas sector and the fertilizer sector.
8For the first time in three decades, there is a spate of  new...http://goo.gl/WNluOb 

Hiring the right consultant for the right job: How ONGC hired a reluctant Scott Rider for a study of GSPC's DDW field

Rightfully, ONGC is now increasingly focusing on hiring the right consultant for the right job. 
8And if a tender does not throw up the candidate of its choice, the tender itself is scrapped, or other means are deployed to focus in on the right choice...http://goo.gl/WNluOb

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Hiring the right consultant for the right job: ONGC cancels tender for a consultant for compressor trains in Uran
Hiring the right consultant for the right job: Standard ONGC tender conditions come in the way
Hiring the right consultant for the right job: Local consultants not to be encouraged in high technology jobs

Shocking indictment of ONGC's measurement systems for crude production: 12% over reporting, says CAG

In a shocking indictment, the CAG has accused ONGC of grossly over inflating its crude oil production in the five year period, from 2010 to 2015.
8The over reporting is as high as 12.1%, as this is the volume BS&W, off-gas, recoverable internal consumption and condensate that should not have been included in the company's crude production data..http://goo.gl/WNluOb

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Shocking indictment of ONGC's measurement systems for crude production: Management's explanations found to be unsatisfactory
Shocking indictment of ONGC's measurement systems for crude production: A sordid testimony on lack of accountability

Liquid and LPG storage facilities: Handsome returns

There is no better business in India today than to get into the liquid and LPG storage and logistics business.
8India's POL consumption is growing at a scorching pace and just about every storage terminal has been booked up for business..http://goo.gl/WNluOb

Has India missed the shale revolution: New regulations will have to be in place first to address concerns

India seems to be way behind countries such as the US, China and South Africa in the redevelopment of shale oil and gas exploration and development..http://goo.gl/WNluOb

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Has India missed the shale revolution: If and when the revolution happens, business opportunities will abound
Has India missed the shale revolution: A risk indexation model for M&A teams

RFQs soon for DHDT revamp and new FCC and SRU units: Price tag Rs 900 crore

RFQs are likely to be floated soon for a business development opportunity for a DHDT revamp that will increase the processing capacity of the concerned refinery from 1.80 MMTPA to 2.4 MMTPA.
8The revamp will also ensure..http://goo.gl/WNluOb

ONGC takes steps to cut costs: Details

The website carries here a list of steps taken by ONGC to cut the cost of production of crude oil and gas.
8The attempt is to reduce operating cost, maximize utilization of resources, reduce equipment and technological obsolescence..http://goo.gl/WNluOb