8This is a Rs 350 crore contract
8Completion timeline: 20 months

8A CGST range office has imposed a penalty alleging wrongful availment of ITC, and the company is signalling an appeal posture while asserting no operational impact. If appeal fails, cash outflow crystallises; also sets a precedent for future scrutiny of credit practices.

8Project Name: Thane District(Maharashtra) excluding area already authorized City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

8Project Name: Hyderabad District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details

8Monthly report on indigenous crude oil production, imports, and petroleum products for November 2025 [PPAC]
8Vedanta demerger to be completed by March 2026, creating five pure-play listed companies: Anil Agarwal [Vedanta]
8L&T wins major order for hydrocarbon onshore business [L&T]
8PNGRB invites public comments on proposed LNG terminal amendment regulations, 2025 [PNGRB]
8PPPL releases MIS for October 2025 [PNGRB]
8PNGRB releases monthly bulletin for October 2025 [PNGRB]
8Order issued under Section 73 of the CGST Act, 2017 [Refex]
8GE Shipping delivers 2005-built Suezmax crude tanker “Jag Lok” [GES]
8India Ratings reaffirms company’s credit ratings at IND AAA/Stable and IND A1+ [RIL]
8Government of Chhattisgarh and GAIL sign MoU to develop a gas-based fertilizer project in Chhattisgarh [GAIL]

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

8ONGC’s Aliabet TZ/OBN award lands on a price point that will force execution discipline more than paperwork heroics

1) ONGC tightens directional drilling bid with appendix-1 SDMM compliance grid and ATC overwrite in directional drilling services
8ONGC’s latest corrigendum is less about dates and more about control: it hardens how bidders must prove SDMM and jar compliance, hole-section by hole-section.
8The move also resets the buyer-added ATC layer, signalling a governance clean-up before bid opening.
 
2) Oil India’s CTU–NPU–FPU well servicing tender shows a January 2026 extension trail,
8Oil India’s four-year CTU–NPU–FPU well servicing package is showing a deadline drift that stretches into January 2026
 
3) Bid clock extended to 29 December 2025, but the compliance data-chain burden stays heavy in ONGC/Odalarevu onshore terminal CAAQMS and CEMS
8ONGC has pushed the Odalarevu CAAQMS–CEMS tender deadline out to 29 December 2025, extending the runway for a submission that is more systems integration than instrument supply
 
4) Bid window keeps stretching for OIL’s one set CT–NPU–heated FPU well servicing package
8Oil India limited has repeatedly moved the clock on its one set CT–NPU–heated FPU well servicing tender while keeping the security and liability backbone largely intact.
8The clarifications that do land are operationally sharp, tightening how maintenance downtime and operating-charge triggers will be policed.
 
5) ONGC’s Rajahmundry hydraulic fracturing and coiled tubing tender gets another clock-reset
8ONGC has already used a mix of portal-extension, scope surgery and commercial easing to keep the Rajahmundry HF+CT package alive without rewriting the technical spine.
 
6) Oil India’s 3000 HP rig hire tender is pushed to 08 January 2026
8Oil India has extended the bid close again, taking its 3000 HP rig-package tender into January 2026.
8The more material signal sits behind the dates: securities validity and multiple technical acceptability bands have shifted while the promoter keeps “all other terms” formally intact.

1) Oil India Limited locks thickness survey into OISD traceability while banning coating removal
8Oil India Limited is not just ordering UT readings; it is buying a repeatable integrity dataset tied to OISD logic, colour-marked points, and Annexure-grade reporting.
8The decisive twist is a hard ban on coating removal, forcing “through coating” UT and pushing field-method risk squarely onto the contractor.
 
2) ONGC pushes drilling training into physics-grade AR/VR with IDWE’s immersive competency framework
8ONGC’s drilling training arm is redrawing the boundary between classroom learning and operational readiness.
 
3) Oil India Limited tightens compliance gates in Baghewala crude sale tender
8Oil India Limited’s Baghewala crude sale tender is structured less like a routine sale and more like a compliance stress-test with a premium-percentage price lever.
 
4) Participated bidders walk into a frozen spec and a tight post-bid corridor in Ashoknagar pad-1 development wells civil works
8It is engineered to freeze technical conditions early and compress bidder manoeuvre after participation.
 
5) ONGC tightens post-participation clarification lanes for rig carrier TPI, squeezing overseas execution risk
8ONGC has framed this rig carrier TPI as a documentation-and-CAT witnessing gate, not a routine third-party visit.
8The real pressure point is overseas execution: fixed inspection duration, tight turnaround, and contractor-borne travel costs inside a lump sum.
8Participated bidders are left with limited room to reshape risk allocation once bids are in, because clarifications cannot change price or substance.

8ONGC is pushing a bridge-connected, high-pressure gas processing MOPU concept that looks less like a vessel hire and more like outsourcing an entire offshore facility.
8The early signals on “no dry dock due,” asset-age gates, and long-duration O&M accountability will narrow the field to a specific class of owners/operators.
8The bigger question sits in the contracting seams: how ONGC plans to enforce performance when leasing and operating roles are split.

1) IOCL’s MJPL ILI tender doubles down on high-resolution UT certainty while refusing standby and extra-cleaning payouts
8The unresolved tension is whether the bidder pool prices the uncertainty into the base SOR—or whether the timeline (including your logged extensions) is IOCL’s quiet signal that participation is thinner than expected.
 
2) Bid deadline pushed to 29 Dec as IOCL gujarat refinery keeps the ra funnel open for FCC and FPU-1 shutdown piping
8A six-day extension looks minor, but in refinery shutdown piping it can decide whether bidders can actually lock welders, NDT capacity and heavy equipment.
 
3) IOCL extends Barauni refinery shutdown refractory tender
8The extension looks small on paper, but it lands on a tender that is both “critical” and restricted to class-i local suppliers, where participation elasticity is limited.

1) IOCL NRPL Panipat tightens HAZOP–QRA procurement with bidder-owned licensed modelling software for Panipat–Jalandhar LPG pipeline
8IOCL NRPL Panipat is forcing risk consultants to prove their modelling stack upfront, turning software provenance into a qualification filter
 
2) IOCL R&D Faridabad tightens the gate for on-call BDEP/FEED and cost-estimation engineering
8IOCL R&D’s quietly converts front-end engineering into an always-on utility for TIC, with “as and when” call-offs that can reshape project decisions upstream.
 
3) GAIL’s Pata storage-area BOG compressor tender tightens package responsibility
8GAIL’s Pata tender reads less like a compressor buy and more like an uptime architecture mandate, with API 618 package completeness pushed all the way to monitoring and battery-limit interfaces. But the real filter may sit outside the datasheet.

1) HPCL tightens the approvals chain for Butibori LPG & POL terminal rail siding
8HPCL’s Butibori terminal rail-siding package is written like an execution contract disguised as consultancy, pushing survey and approvals uncertainty into a fixed lump sum.
 
2) HPCL’s DHT SRU block TA 2026 tender shows a tight bid-governance play, with closing date extended
8HPCL is pricing a turnaround execution stack that goes far beyond “block TA” labels, down to valve, flange-class, and scaffolding micro-activities for the DHT-SRU block.
 
3) GAIL tightens QRA/hazop scoping while reserving a 25% swing clause in NCR region pipelines
8The company has quietly turned a “study tender” into a data-heavy, asset-anchored risk assignment by publishing pipeline-wise installations and river crossing coordinates.
 
4) CPCL’s dryer and purification system study tender moves into extension mode
8The company is treating a refinery PBFS conditioning study like a controlled-source procurement, not an open consultancy market.
 
5) HPRGEL’s solar + BESS PMC tender gets a short extension
8A single pre-bid clarification quietly rewires field scope, creating a contract-readiness trap for anyone pricing off the base document.

1) Andhra VCM unit: MOOWR duty logic tightened, key license-fee payments deferred
8BPCL’s latest commercial amendment rewrites how customs-duty deferral is assumed, and it is far less generous for continuously consumed catalysts than many bidders would like. It also quietly pushes multiple license-fee milestones behind final investment approval, changing the cashflow profile of a licensor-led package.
 
2) Commercial amendment tightens escalation and proprietary-item disclosure for BPCL’s Ramayapatnam PFCCU block licensor selection
8BPCL and EIL have quietly shifted the economic battlefield from headline fees to long-tail escalation mechanics.

1) ONGC tightens call-out reservoir field services into a four-location capacity test with capped standby economics
8ONGC’s reservoir field services tender reads less like a routine slickline hire and more like a distributed readiness contract spanning four basins.
8The fine print quietly rewires utilisation risk, compresses data turnaround, and enforces a multi-unit posture with a penalty-backed trigger.
8The real story is how these levers could reshape who even dares to bid—and at what operating-day price.
 
2) ONGC’s MBCU hire for Cambay cementing hardwires fuel-indexed logistics pricing and punitive downtime deductions
8ONGC’s Cambay cementing tender turns bulk cement logistics into a controlled, auditable system with formula-tied transport pricing and strict acceptance gates.
 
3) ONGC tightens well services compressor hire with cloud RTMS and GPS-linked deductions
8ONGC’s Cambay asset compressor tender is less about air delivery and more about turning utilisation into auditable data.
 
4) Oil’s renewables empanelment ties M&A due diligence to BESS-ready DPR and PMC oversight
8Oil is building a single consultant layer that can value operating RE/CBG assets and then carry the engineering logic straight into bid strategy and execution oversight.
 
5) ONGC’s Tapti–NTP-2 RTU relocation award shows a 52.5% l2 premium over L1
8ONGC’s award lands with a steep bid ladder that signals sharply divergent views of offshore execution risk.

1) IOCL’s Haldia super sucker MOSRU award narrows to two qualified bidders
8A one-year super sucker MOSRU hire was awarded where the real contract is not the machine, but the readiness regime behind it. Five of seven bidders fell out at qualification, leaving a thin price ladder that still priced above the estimate.
 
2) IOCL locks in UOP expert support for Haldia refinery PSA systems
8IOCL’s Haldia refinery has formally routed PSA reliability into a named-OEM support contract, leaving little room for competitive price discovery.
 
3) JPCL’s DHT TA 2026 decontamination expert award turns a GeM custom bid into a declared single-source buy
8HPCL has awarded a DHT turnaround-critical decontamination supervision package through a GeM custom bid that is openly framed as a nomination pathway.

1) ONGC’s vadodara chrome plating bid tightens facility-and-proof gates as all hydraulic services drops out
8ONGC’s CWS Vadodara chrome plating tender is behaving less like a routine workshop job and more like a custody-and-schedule risk transfer.
 
2) Qualified vs disqualified splits on documentation-heavy compliance in OIL’s hydraulic workover unit with snubbing bid
8Oil India Limited’s tender for a hydraulic workover unit with snubbing capability reads less like a buy and more like a compliance audit.
8One participating bidder qualified while another was disqualified, but the documents reveal the structural filters that typically decide these outcomes.
 
3) ONGC extends Ahmedabad fire protection revamp as foam and ups scope coherence stays the real pre-bid risk
8The reply trail points to discipline documents to resolve aFFF foam and ups scope conflicts that can materially reshape pump house design and commissioning readiness.
8The bidders who treat this as a mere extension notice may discover the real competition is document-integration discipline, not price.
 
4) ONGC extends GST compliance management consultancy at shared finance services Noida to 30 December 2025
8ONGC’s GST compliance tender is no longer a filing support exercise but a SAP-integrated control stack spanning returns, e-invoicing and litigation workflows.
8The one-week extension to 30 December 2025 looks timed to participation pressure in a two-packet GeM bid that demands both tooling and managed service depth.
8A clause-level inconsistency on dispute resolution signals why bidders may be slowing down, and where risk pricing could move.
 
5) Oil India Limited’s Dandewala GSU tender stretches 104 days as OIL tightens power and redundancy governance for gas processing complex gas sweetening unit.
8But the calendar slip is only the surface story: OIL is rewriting qualification proof, hard-coding a power-consumption credibility test, and reshaping compressor redundancy expectations without buying a standby machine.
8The tender is turning into a bid-governance exercise where the weakest link is less “EPC capability” and more “guarantee math that survives scrutiny.”

1) Om Tech Constructions undercuts the field on the civil maintenance ARC in Panipat refinery
8A “critical” refinery-wide civil arc has been priced with a clear outlier at the bottom, and the spread to the next bidder is not marginal.
 
2) Emergency DG set award shows sharp l1 undercut after a late scope reset
8IOCL’s Digboi expansion DG package quietly morphed from a small single set into two higher-capacity units, forcing bidders to rebase both engineering and risk. The award spread hints at one bidder pricing the new interface burdens as manageable while another treated them as open-ended.
 
3) HPCL’s minor projects expediting rate contract closes with a near-tied L1–L2 and a steep drop-off
8The award stack shows the competitive battle collapsed into a near-identical top two bids, while the rest of the field priced a very different risk reality.
 
4) KSB takes a single-bid award for vertical special purpose process pump under BPCL’s BPRED via EIL
8The award line suggests the owner accepted a lone price point, raising a quiet question about whether vendor pool design—not pump design—is the binding constraint.
 
5) IOCL’s ganga water intake PMC at Barauni closes with a razor-thin L1–L2 gap
8IOCL has bundled Ganga intake feasibility and execution-phase PMC into a single work order, but kept a clean escape hatch to pay only for Phase I if Phase II approvals do not land.

1) BPCL’s Kochi polypropylene expander revamp reaches technical opening with a sole bidder
8A power recovery expander revamp is being treated like a reliability-critical rotating train job, not a routine package purchase. The real story now is how BPCL and EIL manage awardability, governance, and price-stage leverage in a single-bid corner.
 
2) Four bidders land in EIL’s vertical SPP technical round as HPCL’s LMBU package tightens compliance with a late datasheet swap
8A four-bidder technical opening can look healthy on paper, but this EIL-led package is built to disqualify on small compliance slips rather than reward “engineering creativity.”
 
3) Technical bids open with four global DCS OEMs in bpcl’s BPREP mega-automation package
8The tender has moved into technical evaluation with four heavyweight OEMs still standing, but the qualification math is designed to eliminate anyone without proven mega-scale hydrocarbon references.

8Oil India kept the biggest commercial uncertainty intact: no minimum deployment days per call-out, only SOR “approximations.
8Participating bidders tried to pin down utilisation and soften compliance friction, but the promoter mostly routed everything back through amendments and “as per tender.
8 With Seros disqualified and Weafri/Bvishal qualified, the tender’s real filter looks less like capability and more like who can survive strict process plus utilisation risk.

8OIL’s baghewala upper carbonate is being treated less like a reservoir study and more like a fracture–geomechanics–thermal EOR engineering problem with a pilot gate.
8The tender’s eligibility wording and phase-2 discretion together narrow who can credibly bid and how they price risk. 

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8PU is steady compared with three months ago, but it has gained Rs 9/kg over the past month

8PA66 fell Rs 10/kg this week after a deeper slide over the past fortnight

8PA6 is up Rs 4/kg over the past month, but weekly movement has been flat.