News & Bulletin Updates

8Extension of charter hire for vessel SEAMEC III [SEAMEC]
 
8SEAMEC awards contract to Adsun Offshore for diving services on PRP-VIII & DUDP projects of ONGC [SEAMEC]
 
8Notification for ROU acquisition under PMP Act, 1962 – Cauvery Asset Pipeline Project in Ramanathapuram Taluk, Tamil Nadu [Gazette]
 
8Land acquisition notification for Cauvery Asset Pipeline Project under PMP Act, 1962 – Nagapattinam, Tamil Nadu [Gazette]
 
8Snapshot of India’s oil & gas data [PPAC]
 
8Revised date for open house on draft PNGRB amendment regulations, 2025 [PNGRB]
 
8Comments received on PCD for tariff review of EWNGPL by Pipeline Infrastructure Limited under PNGRB tariff regulations, 2008 [PNGRB]
 
8Appointment of Ms. Sneha Parab as company secretary and compliance officer [Agis]
 
8Financial results for the quarter and financial year ended March 31, 2025 [AES]
 
8Asian Energy Services Limited reported robust performance for FY25 [AES]
 
8Investor presentation May 2025 [AES]
 
8Change in board of directors of the company [EIL]
 
8Results presentation for Q4 and FY25 [KPIL]
 
8Transcript of Q4 & FY25 earnings conference call [MIL]
 
8Appointment of Shri Moti Lal Meena as independent director w.e.f. May 17, 2025 [OIL]
 
8Change of investor relations advisor [HOEC]

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8Extension of charter hire for vessel SEAMEC III [SEAMEC]
 
8SEAMEC awards contract to Adsun Offshore for diving services on PRP-VIII & DUDP projects of ONGC [SEAMEC]
 
8Notification for ROU acquisition under PMP Act, 1962 – Cauvery Asset Pipeline Project in Ramanathapuram Taluk, Tamil Nadu [Gazette]
 
8Land acquisition notification for Cauvery Asset Pipeline Project under PMP Act, 1962 – Nagapattinam, Tamil Nadu [Gazette]
 
8Snapshot of India’s oil & gas data [PPAC]
 
8Revised date for open house on draft PNGRB amendment regulations, 2025 [PNGRB]
 
8Comments received on PCD for tariff review of EWNGPL by Pipeline Infrastructure Limited under PNGRB tariff regulations, 2008 [PNGRB]
 
8Appointment of Ms. Sneha Parab as company secretary and compliance officer [Agis]
 
8Financial results for the quarter and financial year ended March 31, 2025 [AES]
 
8Asian Energy Services Limited reported robust performance for FY25 [AES]
 
8Investor presentation May 2025 [AES]
 
8Change in board of directors of the company [EIL]
 
8Results presentation for Q4 and FY25 [KPIL]
 
8Transcript of Q4 & FY25 earnings conference call [MIL]
 
8Appointment of Shri Moti Lal Meena as independent director w.e.f. May 17, 2025 [OIL]
 
8Change of investor relations advisor [HOEC]

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8Project Name: Bhavnagar District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

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8Project Name: Bhavnagar District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

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Rather than rushing closure, ONGC appears to be ensuring a level playing field and robust competition.
8Sources say the move is meant to accommodate domestic and international vendors negotiating scope-split partnerships.
8Major players like L&T and Sapura  flooded ONGC with queries during a pre-bid meeting. Interface challenges and commercial concerns led ONGC to issue sequential deadline relaxations.
8Moreover, a mid-cycle amendment to the financial evaluation rules—including changes in working capital, LoC formats, and net worth interpretation—forced ONGC to extend submission timelines repeatedly, giving bidders time to rework compliance.

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More than just equipment supply, the job requires deck piercings, electrical integration from SCR room to main deck, and mechanical anchoring of the 35 MT cement mixer system — all on a live offshore platform.
8This win places Carlton Industrial Engineers among the few Indian firms trusted with turnkey mechanical plus electrical fabrication jobs on offshore drilling rigs.

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8The tender confirms continued reliance on carbon steel for pressure components, reflecting BPCL’s cost-efficiency strategy under BPREP.
8AMC pricing is to remain fixed regardless of execution delays—contractors bear the financial brunt if project handover gets delayed.

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8The latest amendment introduces tight limits on oil, COD, and sulphide levels for WAO-treated streams, signaling BPCL’s push for next-gen water compliance.
8Total dissolved solids limit raised to ~8500 ppm while sewage coliform cap slashed to 100 MPN, as EIL revises quality specs mid-bid.
8From ozone units to sludge pumps and chemical houses, a wide-ranging spec overhaul has bidders scrambling to recalibrate offers.
8A full overhaul of vendor document requirements and layout drawings drops just days before the deadline, adding urgency to bid prep.

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8From architecture to integrations, the scope has bidders digging into hundreds of pages.
8The owner’s replies hint at a preference for modern, cloud-native deployment with deep system compatibility.
83D modeling and real time project progress are a must

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8From PFO to natural gas, bidders must design burners for seamless transition and simultaneous combustion for this steam generation package.
8Plus demonstrate 10-minute ramp-up from turndown to full MCR with minimal operator input.
8Steam generation must sustain minimum turndown for 12 hours during total blackout, drawing only emergency LT power.
8Despite OEM pushback, owner mandates local control panels for FD/ID fans and speed indication—overriding DCS-only suggestions.
8A major OEM sought modified experience rules for API 611 steam turbines under Make in India. EIL held ground: “follow tender spec.”

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8Refiner aligns with national waste-to-energy drive
8This CBG plant to source feedstock from organic waste.
8Pre-bid queries and scope clarifications extend bid horizon, expecting broader participation

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8Consultants asked BPCL to allow parent-subsidiary credentials, but the PSU has stuck to its guns—only the bidding entity’s experience counts.
8Firms with brownfield refinery experience are disqualified from top marks—BPCL wants only greenfield project credentials to count under its QCBS scoring.
8The consultant will support everything from project monitoring systems to crafting a bankable feasibility report—BPCL seeks an end-to-end hand-holder.
8From indemnities to site audits, BPCL rejects most redline changes proposed by large consulting houses—insisting on full adherence to the tender template.

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8Three bidders enter the technical race to deliver India’s most advanced polymer warehousing system.
8The package includes robotics, AI-driven inventory tracking, and ERP integration—bringing petrochemical dispatch into the Industry 4.0 era.
8Korean major meets Indian tech leaders in this contract
8With full-stack automation, predictive maintenance, and warehouse analytics, this project could redefine refinery-linked logistics.

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8With only two bidders, the focus sharpens on technology differentiation and cost competitiveness.
8The tender marks a key milestone in India’s push for self-reliance in ethylene production

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This E&P operator’s split-package design—Surface Testing, Slickline, Nitrogen—has opened doors for niche and mid-scale players.
8This has drawn newer entrants to compete alongside established names like Bvishal who has emerged  as one of the few bidders aiming for more than one service segment in this contract.
8 Its bundled offering may help it edge out competitors via cost synergy and logistical leverage in Rajasthan.
8Since each of the three service parts are evaluated independelty, the six bidders may win partial contracts. A strategic split is likely—maximizing technical fit while diversifying operational risk.
8Query, give a background of the project, and then the players involved, and then give a full summary of what you are trying to say

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Spot prices on May 19 hovered between Rs 5 and Rs 6.5/kWh—far below the Rs 9+ needed for RLNG-based generation to make a comeback. Gas plants stayed sidelined, waiting for a sharper summer signal
8What could flip the coin?

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May is a hotter month than April, and ideally gas-based power projects should have been up and running
8But somehow, they did not
8What really went wrong?

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8In a tightly priced contest for a polypropylene unit, Flowmore Limited beat out heavyweights like Kirloskar and WPIL to bag the large water service pump package.

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8With EIL onboard, IOCL is preparing to launch a first-of-its-kind island-based LNG terminal powered by chartered mini-tankers.
8The project aims to fuel NTPC’s power needs and future city gas infrastructure, reinforcing India’s energy sovereignty in the east.

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8They has flagged a serious mismatch between normative and actual utilization of pipelines, with most assets running at below 50% capacity.
8They want the benchmarked 75% load factor to be lowered to avoid systemic under-recovery

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8India's attempt to build green ammonia capacity seems to be completely stuck
8A tender to purchase green ammonia has been extended as many as 10 times as no bidder was ready to bid
8Knowing, that the effort is going no where, the government is now trying a salvage operation
8But will that work?

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Across the country, less than 600 MW of gas capacity was operational on May 15. In April, over 12 central and private sector stations contributed dispatch. By May, over half those stations no longer figure in daily schedules.
8There is no evidence that gas is being used even as a peaking resource.
8Units like DGEN, Essar, Gama, and Mangaon were expected to show activity in May, but records show zero generation for the fourth consecutive month.
8In April, central-sector gas plants delivered nearly 500 GWh, with NTPC’s Gandhar, Faridabad, and Auraiya clocking PLFs above 75%. But by mid-May, that momentum has vanished. Latest data shows that gas-based capacity utilization has crashed to just 16.8%—the lowest in the peak season.
8These are now clear cases of stranded assets without any realistic recovery pathway unless structural reforms unlock capacity payments or fuel support.

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8This stakeholder warns that pipelines financed entirely by equity are unfairly inflating RoE to 28%, burdening consumers.
8The firm wants PNGRB to enforce an 80:20 debt-equity norm, regardless of how the operator structures its finances.

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8From GSPL’s Rs 83 Cr inventory spending to AGP’s demand for segregation of new infra costs, shippers are pushing for PNGRB to tighten what’s considered fair capital expenditure under tariff regulations

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8A critical unit to prevent fouling in the ethylene cracker's quench circuit gets Rs 155 crore boost through Czech firm’s win.
8Advanced European filtration systems to be deployed to protect new cracker from fouling and coke buildup.

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