News & Bulletin Updates

Western Offshore fluids tender hard-wires inventory and lab penalties
8ONGC’s Western Offshore fluids tender turns inventory into a contractual KPI with LD teeth.
8Corporate-spec lab gates and a 1% ACV penalty per failed formulation signal zero tolerance for quality drift.
8With 869 phases and 15 rigs to serve, the risk now sits squarely with vendors.
Order-of-precedence, long ePBG and OEM-grade scope set a high-control pigging package in ONGC Western Offshore
8ONGC’s Western Offshore pigging tender pairs OEM-grade specifications with a hard-nosed security regime.
8The buyer elevates ATC/BEC over GTC and adds a monthly levy if the PBG slips.
8The cashflow math and shutdown logistics will decide who can credibly bid.
ONGC tests alternate CAT-aligned MRO routes with OEM-strict overhauls on six jack-ups
8ONGC’s drilling services team has floated an EOI to overhaul Caterpillar 3512B/C engines under an OEM-strict MRO regime.
8Genuine spares certification, offshore in-situ execution, and a 72-hour full-load run frame the reliability bar.
8The fiscal signal is equally direct: a 5% GST stance and duty-free import support to attract credible alternates.
OIL trims Mahanadi ME & DWM scope to five wells and builds flex with a ±25% option
8Oil India has halved the base well count and shortened the term, but kept a ±25% lever to scale on need.
8Personnel swap windows move to ten days, easing contractor execution risk.
8A QC-heavy SOW and penalties signal that uptime and API-grade chemistry will decide who clears tech screens.

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OIL pushes Mahanadi mud logging bid close to 15 September; scope and securities unchanged
8The mud logging tender gets 11 extra days but no softening of the kit or compliance grid.
8That hints at a participation-quality play rather than a scope rethink.
8The pricing game now pivots to who can certify and transmit faster without loading risk premiums.
Bid closing pushed to 11 September, scope tightened on pullback and mud systems for ONGC Cuddapah Basin air-hammer package.
8ONGC has extended bid closing by 31 days even as it hardens technical guardrails.
8The corrigendum locks in pullback capacity, tank sizes, and stricter milestone gating.
8Whether more time translates into broader, compliant participation is the question bidders must answer.
Bid closing pushed to 10 September with governance intact for Oil India 125 MT workover rigs.
8Oil India has moved its rig procurement deadline to 10 September without loosening 8PQCs or cash-security terms.
8The extension stacks on six prior date shifts under a strict API and verification regime.
8Whether the added runway broadens qualified participation is the real test.
Bid window pushed to 16 September for two AHTS charter for Oil India KG Basin project.
8Oil India has slid its AHTS bid window by two weeks but kept every risk clause intact.
8The move could broaden vessel offers without softening LD or insurance floors.
8Owners now have time to align DPO crew, TPI inspection, and customs paths — or sit out.

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8SECI’s Mangalore auction closed with a winning bid
8SCC Infrastructure beat the reserve price
8The 15,000 MT award strengthens India’s green hydrogen mission

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8Southern Petrochemical gained 7% on August 29 after two days of declines
8The stock touched Rs 111.54 intraday
8Momentum points to a clean sector outperformance

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The Supreme Court will hear a PIL on India’s E20 petrol mandate on September 1
8The plea seeks ethanol-free petrol for older vehicles
8Clear labelling of ethanol content is also demanded

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8Vedanta revived Meenakshi Energy in record time
8Two 150 MW and two 350 MW units are back online
8It ranks among India’s fastest power turnarounds

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Mangala has produced 535 million barrels since 2009, cementing its role as India’s top onshore field
8ASP and EOR projects have lifted output by 20%
8Cairn now targets 50% of India’s output and Net Zero by 2030

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8Petronet will lift Dahej regas capacity to 22.5 MMTPA
8A 5 MMTPA terminal at Gopalpur is planned
8The third Dahej jetty will handle ethane and propane
8A QatarEnergy LNG deal secures supply from 2028 to 2048

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8The annual meeting will be held online on September 24, 2025
8Voting rights are locked in for shareholders on the September 17 cut-off

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8Mukesh Ambani set AI, genomics, and clean energy as Reliance’s new growth engines
8The company promises to embed AI across all businesses
8It is also building giga-scale new energy platforms

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8Recognition underscores progress in labor, human rights, and supply chain standards
8The company strengthens its credibility with sustainability-focused clients

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8By embedding PCF tools, BASF deepens integration
8It tightens its grip on China’s supply chains
8The move cements its edge in sustainable intermediates

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8Two docks, three quays, and a block assembly line will transform output
8Hanwha secures the first U.S. LNG export vessel since the 1970s
8Philadelphia becomes a high-volume LNG hub

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8Get a complete synopsis and price comparison trends of Phosphorus in China

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