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8Here's what's happening today in the E&P, midstream-downstream, and CGD section

8BPCL is using a short-cycle consultancy tender to force a decision-grade view on non-hefa SAF at Bina refinery, with ATJ singled out for deeper PFR treatment. The scope quietly demands refinery-integration realism—utilities, offsites, storage, ZLD—and carbon accounting discipline tied to Corsia methodology. But the bid’s most telling friction is procurement-side: the portal’s experience bar is declared “null and void”, pushing bidders to chase the binding qualification logic elsewhere.

8Indian oil is treating feed dust removal in its panipat 2G ethanol chain as a reliability-critical LSTK intervention, with a timeline that punishes slow engineering.
8But the procurement story is equally sharp: the reverse auction rule-set can sideline early h1 behaviour and force real price movement once enough bidders qualify.
8And one line in the NIT quietly redraws the competitive map by barring a named player under a “risk and cost” banner, changing how bidders should read performance consequences in this package.

8The company is buying six-year drilling capacity in the northeast, but it is also testing who can mobilise without excuses.
8A clause-driven mobilisation ld hook and a post-LOA deterrent posture raise the cost of casual bidding even before specs decide the real winner.
8The sharper story sits in how governance gates and ownership filters could quietly shape the final bidder pool.

8Oil India Limited’s cancelled swivel procurement reads less like routine buying and more like a compliance-driven attempt to lock in traceability through PSL-2 SR testing and data books.
8The tender’s documentation architecture forces OEM-grade disclosure on spares, NDE and monogramming continuity, tightening the viable bidder universe.
8What the next issuance keeps, softens or rewrites will decide whether this becomes a precedent for drilling hardware governance or a one-off compliance spike.

8BPCL and EIL have quietly redrawn the technical map for the Ramayapatnam PFCCU block by revising feed specifications, flare philosophy and battery limits. On paper it looks like a routine amendment, but in a petrochemical FCC the “basis” is where guarantees and catalyst economics live or die. The market will now watch whether bidders price the uncertainty—or force BPCL to version-lock the new CBD and tables before bids harden.

1) ONGC tightens directional drilling tender into a data-first, OEM-certified three-year onshore play
8ONGC’s latest directional drilling package reads less like a tool hire and more like a telemetry-and-governance contract stitched into the wellsite.
8The specification stack pulls bidders into OEM--backed refurbishment proof, residual-life claims, and always-on data pipes that can quietly narrow the field.
8What that does to competition—and where the real risk transfer sits—only becomes clear once you map the penalties, make gates and “no-pay” clauses together.
 
2) ONGC’s ATI Goa tests a five-star operator model for a training campus
8ONGC is quietly recasting its Goa training institute as a hospitality-grade asset, with five-star performance language embedded right in the market-sounding.
8The eligibility bar and unit-priced service design hint at a vendor pool strategy that could reshape who even gets to bid when the real tender lands.
8The catch is buried in how “soft” operations blur into procurement and performance penalties over a minimum five-year run.
 
3) ONGC Vidhesh locks in TCP and completion tools for CPO-5 with hard engineering admissibility and downtime penalties
8OVL is not just hiring tcp and completion tools in CPO-5; it is buying modelling discipline, inspection recency, and bilingual field traceability as bid-admissibility weapons — ONGC Videsh/CPO-5 block.
8A zero-rate downtime construct paired with an hourly penalty quietly rewrites how bidders should price redundancy and local repair depth — ONGC Videsh/CPO-5 block.
8The tender’s most consequential move is how it narrows who can even show up to compete, before price is ever opened
 
4) Oil India pushes seven-day mobilisation for multi-district rig foundation enabling package
8Oil India’s Mahanadi basin package ties drilling readiness to a field-heavy civil-geotech-design bundle spread across eight Odisha districts, compressing the real schedule into mobilisation and interfaces.
8The tender builds procedural tripwires—digital compliance gates and physical-original EMD submission—that can eliminate bidders before technical merit is even tested.
8The clause-level balance between speed, transparency, and bidder risk is sharper than it looks on first read.
 
5) GAIL’s Galiyana QPS SRP maintenance award shows a 63.8% L2 premium and a hard split vendor field
8The L1 number lands far below the rest of the pack, but the tender’s eligibility and documentation controls suggest the buyer was prepared for aggressive pricing games.
8The absence of arbitration and mediation flags a dispute posture that could amplify execution risk on a two-year SRP-critical maintenance job.
8The bidder spread raises a single uncomfortable question: is this pure efficiency, or margin stress that will surface later in spares, response time, and uptime accountability.

8HPCL is extending time on its gujarat LPG import DFR while keeping the toughest asks intact: heavier deliverables, tighter cost accuracy, and reverse auction pressure. The pre-bid clarifications reveal a study that looks less like a desktop feasibility and more like an early engineering definition package. The real story is what the extensions do not change—and what that signals about hpcl’s appetite for risk transfer.

1) Corrigendum extends ONGC Jack-up rig charter tender
8ONGC’s matrix shows a tender designed to be won on documents, not promises, with third-party verification sitting at the heart of technical acceptability.
8The corrigendum-led extension to 02 january 2026 buys time, but the compliance gates still look structurally unforgiving.
8What changed and what stayed rigid will decide whether this becomes a wider-pool auction or a narrow, certificate-ready contest.
 
2) ONGC extends RJY asset torque turn services bid to 19 December 2025 amid tax-clause reset and SOW rewrite
8ONGC’s RJY torque turn package is being re-timed just as the tender rewires its 12% concessional customs duty language to 18% and tightens governance clauses.
8The amendment trail also hard-codes tubing PPF bands and CRA metallurgy expectations, raising the technical bar for premium connection execution.
8The deeper story is in what ONGC refused to shift back to client scope — and what that does to bidder economics and participation.
 
3) ONGC doubles down on bid currency controls in wireline logging and perforation tender
8ONGC’s reply-to-queries for its wireline logging and perforation package reads less like clarifications and more like a policy enforcement memo.
8Multiple bidders try to pull the tender back to “any currency” norms, citing import-heavy cost stacks and operating constraints, but the door stays shut.
8The real story now shifts to how split-currency pricing and tool uptime penalties will reprice risk before bids open.
 
4) Oil India’s Rajasthan cementing & BHP services tender shows heavy technical gatekeeping
8Oil India’s Rajasthan cementing & BHP tender is built to control cement quality end-to-end—design, lab proof, instrumentation, and post-job traceability.
8The sharpest market lever is the six-OEM additives constraint that quietly reshapes who can even bid credibly.
8The stated extension to 24 December 2025 is not visible in the uploaded extracts, leaving the timing signal unresolved.
 
5) OIL has extended the Cuttack 200 TPD SSOF-MSW CBG EPCOM bid deadline
8Behind the date change sits a pre-bid trail of performance-metric contradictions, feedstock-linked acceptance risk, and cashflow-control clauses that bidders tried to reopen.
8Whether the extra 29 days resolves those fault-lines will decide how aggressive—or defensive—final pricing becomes.

8BPCL and EIL have written this Butene-1 licensor selection like an execution contract, not a technology beauty parade. The amendments show exactly where they will bend—and where they will not—on vendor control, deliverables, and bidder latitude. With technical bids opened and participation thin, the procurement playbook shifts from “who wins” to “how risk is priced and locked in.”

1) GAIL extends DMDS ARC tender by 11 days, keeping qualification gates intact — GAIL/pata petrochemical plant (GCU-1 & 2)
8GAIL has pushed the DMDS bid deadline out by 11 days, but the corrigendum is surgical: dates move, nothing else does. In a tender where qualification depends on a single large DMDS execution proof and third-party certification, time itself becomes the competitive variable. The real signal is not the extension—it is what GAIL refused to relax.
 
2) GAIL extends bid due date by 8 days for Maharashtra region pipeline O&M engineering consultant
8GAIL has pushed the submission and opening milestones for its Maharashtra region pipeline O&M engineering consultant tender, but the larger story sits inside the selection mechanics.
 
3) NRL’s cancelled technical services consultant bid: Update
8NRL’s technical services consultant tender quietly rewired the definition of “similar works” in a way that can change who qualifies without moving the headline thresholds.

1) NRL tightens HDD contracting with a zero-deviation gate and fixed 26 inch pullback timelines
8NRL’s Paradip HDD package is being run under a hard “zero deviation” philosophy that leaves contractors little room to qualify subsurface and execution risk. The schedule is framed as repeated 4-month 26 inch pullbacks plus a commissioning-readiness window, turning productivity discipline into the real bid differentiator. Behind the paperwork, the HSE penalty architecture is structured to monetise lapses and reshape how trenchless crews are supervised on a live corridor.
 
2) BPCL tightens refinery hot-work governance with document-gated payments and a hard no overrun cap
8BPCL’s DAS pre-commissioning manpower tender reads like a hot-work package, but the real battle is mobilisation compliance and payment gating. A quiet mix of GSTR-2B-linked gst release rules and document-precondition billing pushes admin performance into a commercial risk. The most consequential line may not be the shift roster at all, but the clause that turns cost overruns into non-payable work
 
3) Eight extensions push BPCL’s BPREP process gas chromatograph tender out by 93 days
8BPCL’s BPREP analyser package is no routine instrumentation buy: it bundles 47 process gas chromatographs, shelter integration, and five years of maintenance. Yet the bid due date has been pushed eight times, stretching the calendar by 93 days and raising questions about participation and scope-readiness. The real story sits in how strict qualification, OEM-backed accountability, and licensor-style confidentiality collide inside a live EPC schedule.
 
4) Four extensions to 19 Dec and a revised SCC-T tighten risk transfer in IOCL’s EHT package
8IOCL’s Gujarat refinery EHT package has slipped four times, landing on a 19 Dec close with a 20 Dec techno-commercial opening. The revised SCC-technical quietly rebalances execution economics by hard-limiting claim space around quantity variation while expanding systems obligations into DCS-linked monitoring and two-year post commissioning support. The bidders who survive reverse auction pressure will be the ones who can price brownfield uncertainty without relying on standard fallback claims.
 
5) Two-step deadline push hints IOCL-BGR is still widening the tech funnel for flare gas-to-power EOI
8IOCL-BGR has extended its flare/fuel gas-to-power eoi twice, stretching the submission window by a full month on your tracker. The extension pdf itself is thin on the single datum bidders need most, quietly shifting version-control risk back onto vendors. The real story is what the timeline says about market depth and IOCL’s readiness to convert an EOI into an awardable package.

1) BPCL’s Ramayapatnam PVC licensor tender sets a hard global bar and audit-first qualification discipline
8The PVC licensor contest is being framed less as a price shootout and more as a proof-heavy technology audit. A 24-week BEDP clock create a tight engineering funnel, while cross-border reference rules push the field toward globally deployed licensors. The unanswered question is how many bidders will accept the compliance and documentation intensity before the real commercial risk terms even come into view.
 
2) Bid due date pushed to 22 Jan 2026 as BPCL/EIL tighten DCU scope boundaries via battery-limits and emissions amendments
8BPCL’s Ramayapatnam DCU licensor package has quietly slipped its bid deadline, while the extension notice itself stays unusually silent on the revised date. A technical amendment simultaneously redraws battery limits to push flare and hydrocarbon blowdown out of licensor design, and hardwires heater emission norms into an annexure instead of kickoff-stage negotiation. The combined effect could reshape bidder appetite, guarantee posture, and interface risk in ways the headline “date extension” doesn’t reveal.

1) BPCL’s PRFCCU pipe rack reroute award shows a 10.3% L2 premium under firm-price, portal-total binding rules
8BPCL has awarded PRFCCU site enabling reroute work in a bid structure that locks evaluation to the GeM portal total even if the BOQ math disagrees. The pricing spreads between L1 and the rest hint at uneven risk assumptions for brownfield pipe rack execution. The contract’s option clause and tax-gating mechanics quietly decide who keeps margin once the site gets congested.
 
2) BPCL’s Mumbai refinery CDU-3/VDU-3 TA 2026 package 2 goes to Shilpi Engineering at Rs 39.96 crore after a 6.3% L1–L2 gap
8The L1 price lands in a narrow band against L2 but the tail of bids stretches sharply, hinting at very different risk readings on what lump sum truly covers. BPCL’s contract mechanics quietly prepare for discovery-driven scope movement, which is where turnaround margins usually get made or destroyed.

8CGD MIS - month of October 2025 [PNGRB]
8Resignation of senior management personnel [IRM]
8Intimation of receipt of arbitration award under regulation 30 of SEBI listing regulations [Afcons]
8Disclosure of “ESG rating report” and “scores on climate change” [ONGC]
8Deduction of tax at source on interim dividend for the year 2025-26 [IOCL]
8Declaration of interim dividend for the financial year 2025–26 [IOCL]

8Agromet advisory service bulletin for the state of Assam [IMD]
8Fertiliser management for green future: catalyzing farmers’ empowerment [FAI]
8Agromet advisory service bulletin for the state of Odisha [IMD]
8A machine learning based approach for robust plant disease prediction in agricultural fields – a paper
8Agromet advisory service bulletin for the state of West Bengal [IMD]
8Regulations regarding execution of supply agreement [A-1 Limited]
8Disclosure under regulation 30 of SEBI listing regulations regarding GST penalty order [HZ]

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8ABS prices are steady compared with last week, but remain higher than a month ago. 

8Polybutylene Terephthalate has held unchanged this week, following small fluctuations over the past month

8Polypropylene edged up by Rs 1/kg this week, extending a mild upward drift seen over the past fortnight

8Acetone is flat this week after falling earlier in the month