News & Bulletin Updates

8A high-stakes deepwater wildcat well ends in collapse as ONGC battles extreme mud losses, failed cement jobs, and porous limestone at depth—forcing a full abandonment and a global SOS for technical rescue.

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New rigs in latest workover charter
8The newest rig tender mandates the use of only zero-vintage, never-deployed equipment, effectively shutting out refurbished fleet operators.
8With long-duration contracts on offer, bidders must now absorb full upfront capex and align closely with OEM timelines to stay competitive.
8This can be a damn good deal for operators eventually.
Cambay basin seismic tender ties timelines to shot count and QC precision
8OIL’s new seismic acquisition contract for the block CB-ONHP-2023/1 mandates over 16,750 shots in 225 days, pushing bidders to deploy dual crews, optimized charge tests, and field QC at par with global standards.
8The bid demands execution discipline and micro-managed survey validation to meet an aggressive November 2025 kickoff.

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ONGC’s high-stakes real-time drilling analytics tender
8ONGC is riding its hopes on this one
8And if this data capture project comes through successfully, it will be a step change in how the company functions from here on
OIL sharpens IPS tender with flaw-level accuracy mandates, extends bid deadline
8Corrigendum to OIL India’s pipeline inspection tender enforces strict detection tolerance standards, from pinholes to axial grooves, while demanding high-res XYZ-mapped ILI tools.
8The bid deadline now moves to July 11, allowing vendors time to recalibrate offerings under the tighter PQC norms.
Cochin Shipyard trounces global majors in ONGC offshore deal
8Find out what really is going on
8How did the company clinch it

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8Re-appointment of M/s T.R. Chadha & Company LLP as Internal Auditors for FY 2025-26 [OPAL]
8Minutes of meeting on connectivity of City Gas Distributors (CGDs) with Natural Gas Pipeline Operators (NGPLs) [PNGRB]
8Public consultation initiated for Deepak Chem Tech Ltd's proposed ethylene pipeline from RIL Dahej to DCTL Dahej [PNGRB]
8Result of interview held on 30-05-2025 for the post of Individual Consultant (HR) – Level II announced [PNGRB]
8Intimation of change in senior management [MRPL]
8Company initiates e-voting via postal ballot for director appointments and re-appointment [RIL]
8Company secures bottling assistance contracts from leading PSUs [Confidence Petroleum]
8Announcement for award of contract to M/s Alara Resources LLC, Oman, a JV company of M/s South West Pinnacle Exploration Ltd. [SWP]
8ONGC receives Rs.124.98 Cr OID Cess demand order from CGST; to file appeal before CESTAT [ONGC]
8Deafening silence marks triumph at ONGC well RDS#147 [ONGC]
8Update on Block B-80 [HOEC]

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It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8Coal and Coke
8All tankers
8Bulk and Dry cargo

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8Explore the latest bulk chemical prices from the Mumbai market, updated for today
8Stay informed with comprehensive insights into key commodities and trends

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8Find more about the recent pricing changes for all the Refrigerant products and how much it has moved

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8Compare prices to identify any changes

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8Find out the most recent prices for Caustic Soda Lye and Caustic Soda Flake

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8Analyze the price fluctuations in the Indian domestic market over the past day to determine the magnitude of any change

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8Find out the latest prices of Ethylene Dichloride/ Purified Terephthalic Acid (PTA)/ Acrylonitrile and Caprolactam

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8Track the domestic prices and identify if there are any changes today

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8Get exclusive access to today's complete price matrix from the Mumbai chemical market
8Stay ahead with the latest rates and trends across key commodities and chemicals

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8Get exclusive access to today's complete price matrix from the Mumbai chemical market
8Stay ahead with the latest rates and trends across key commodities and chemicals

 

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8Get exclusive access to today's complete price matrix from the Mumbai chemical market
8Stay ahead with the latest rates and trends across key commodities and chemicals

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Company unveils next-gen tech stack to boost real-time responsiveness and operational efficiency across the East-West corridor.
8Shippers to benefit from a revamped gas transmission system with linkage to exchanges and real-time MDQ management.
8Also, pilot project for converting gas turbines to electric units signals PIL’s commitment to energy transition goals.
8What is more, AI-driven simulation tools and software-governed SUG planning place PIL at the forefront of smart pipeline management.
8Capital efficiency, operational innovation, and regulatory alignment emerge as core themes of PIL’s new strategy.

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8Deployment status of vessel SEAMEC III [Seamec]
8Adani Total Gas Limited and Jio-bp partner to enhance quality fuel offerings [Adani Gas]
8Appointment of secretarial auditor [CPCL]
8GreenLine Mobility CEO Anand Mimani highlights company’s role in India’s net-zero journey in EPC World interview [Essar]
8ROU acquisition by IOCL for pipeline connectivity to Mirzapur ToP from BKPL [Gazette]
8ROU acquisition under PMP Act for pipeline from LNC22 to LINCH GGS via LNC69, Gujarat [Gazette]
8ROU acquisition under PMP Act for pipeline from JTN72 to JTN10 via JTN137, Gujarat [Gazette]
8Minutes of open house discussion on tariff review PCD for PIL pipeline (Kakinada to Bharuch) [PNGRB]
8Public consultation initiated on Adani Port & SEZ Ltd.’s application for tie-in connectivity to Kandla-Gorakhpur LPG pipeline [PNGRB]
8Public notice inviting comments on introduction of 'Balance of Month' contracts in pipeline gas market [PNGRB]

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

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

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ONGC floats game changing EOI computer cluster for seismics: Rs 100 crore+ delivery costs likely
8Find out why ONGC is looking at decentralizing the system too
ONGC tender tightens cement logistics: Fuel-linked payouts, strict penalties defined
8Find out why vendors face a new regime of high control and higher risk
OIL offers zero-cost drill waste contract for 5000 MT in Odisha
8Oil India’s latest EOI invites firms to evacuate and dispose of drill cuttings from five sites without compensation.
8With full cost, compliance, and risk loaded on the contractor, the model signals a hard shift in waste outsourcing strategy for exploratory basins
Absolute Imaging bags seismic processing contract
8In a tightly contested QCBS tender for 3D seismic data processing across two key Indian onshore blocks, the award reflects a technical-heavy evaluation matrix, with the runner-up trailing by just Rs. 35 lakh
NOV emerges sole bidder for ONGC’s offshore rig weight indicator tender
8National Oilwell Varco L.P. is the only participant in ONGC’s single-tender bid for weight indicator systems and spares for offshore rigs.
8The proprietary nature of the equipment and absence of rival bids reflect ONGC’s continued dependence on OEM-led sourcing for high-risk rig applications

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Vendors flag BEC rigidity in ONGC’s tank repair empanelment pre-bid meet
8Three bidders raised concerns over ONGC’s strict technical qualification norms during the pre-bid process.
8Requests to consider partial repairs, older contracts, and ongoing works were largely turned down, reinforcing the tender’s high entry threshold.
 ender for 125 MT rigs extended yet again to 30 July 2025
8Oil India’s international tender for workover rigs sees its fifth deadline shift, now pushed to 30 July 2025.
8The repeated extensions point to limited bidder preparedness or alignment issues on technical and financial compliance fronts.
Demulsifier tender extended to 30 June 2025 amid supplier lab clearance delays
8OIL has pushed the bid deadline for its 4.2 lakh litre AK01 demulsifier procurement to 30 June 2025.
8The extension reflects vendor-side challenges in securing formulation approval from OIL’s R&D lab, a mandatory prerequisite before commercial bid opening.
Vessel charter tender extended to 03 July 2025 as bidders seek more time
8ONGC’s ICB for 13 offshore support vessels has been pushed by a week, now closing on 03 July 2025.
8The extension points to bidder-side constraints—likely linked to certification, consent letters, or mobilization compliance under new DGS circulars.
8In a strategic shift, 4 OSVs and 3 PSVs will be stationed at Kakinada, compared to 4 vessels at Mumbai. This signals operational ramp-up in east coast gas assets.

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BPCL offloads field risk to bidders for CBG feasibility: Mungaoli site lacks base data
8In a notable shift, BPCL’s revised CBG feasibility tender saddles bidders with full field responsibility at the newly inserted Mungaoli site. No base feedstock or geo-tech reports are provided, raising risk and cost uncertainty in a time-bound scope.

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Deadline extended for NRL’s Plastic Processing EOI as investor response likely lukewarm
8Find out why that is so
Retention money scrapped in NRL topography tender for PP unit; CPS capped only for contracts above Rs.10 lakh
8NRL has waived retention money entirely for its topography survey tender, easing liquidity pressures on contractors. CPS has been retained, but only for bids above Rs.10 lakh, signaling relaxed compliance norms for low-risk service contracts.
8No pre-bid clarification note was released, despite commercial terms being altered, leaving bidders guessing on legal interpretations.
Retention money clause scrapped in NRL’s geo-tech tender for polypropylene unit
8In a rare move for an EIL-coordinated service contract, the 7% retention clause has been eliminated from NRL’s geotechnical tender.
8The tweak eases cashflow for contractors and signals softening risk posture under the Polypropylene project.

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PLL’s heat exchanger package: Furious price under cutting likely
8FInd out why that will be so
Cooling tower bid at Bina sees only 3 bidders enter fray
8Repeated deadline shifts in the BPCL–EIL cooling tower package hint at deeper procurement rigidities.
8A modest bidder pool raises fresh questions about scope clarity and qualification thresholds.
Bid volume swells amid abrasive fluid concerns and tighter bank guarantees in MRPL pump tender
8Eight top-tier pump OEMs have bid for the MRPL BIO ATF centrifugal pump package despite abrasive fluid concerns, downstream pressure mismatches, and a newly enforced cartel clause. 8The tender also tightens CPBG compliance and leaves select instrumentation queries unanswered.

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Bid deadline extended for Petronet Dahej vaporizer tender; licensed UOP scope tightens field
8Petronet LNG’s feed drier vaporizer tender for its PDH-PP project at Dahej has been extended.
8The UOP-licensed scope and strict working capital norms may deter first-time bidders despite the timeline relief.
8EIL’s clause denies bidders any chance to revise LOC value post-bid, capping flexibility and raising risk of disqualification for minor paperwork mismatches.
Rigid reply tone sparks bidder unease in PLL Dahej water block pre-bid clarifications
8Key design ambiguities remain unresolved as PLL holds firm on technical requirements despite multiple bidder flags. Layout inconsistencies, WAO sourcing rigidity, and sludge disposal demarcation raise execution risk concerns.
8Bidder pushback on mandatory MoU with WAO suppliers was rejected, despite parallels with ETP experience norms. This narrows vendor play and may drive up pricing through supply-side control.
Bid deadline for ETP discharge pipeline at Paradip quietly extended by six days
8EIL extends the final bid date to June 30 for the ETP pipeline package under the Paradip expansion.
8The lack of accompanying clarifications suggests timeline pressures rather than structural concerns.

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