News & Bulletin Updates

8ONGC has answered the toughest questions by hard-anchoring BOP recertification to OEM or OEM-authorised shops.
8Equipment downgrades sought by bidders were mostly refused, signalling a reliability-over-cost posture

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8The move locks in operational synergies but challenges contractors with scope expansion at fixed pricing.
8An extended deadline gives major offshore players more room to align bids.
8Big companies line up

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1) Dual-bar performance regime set for sucker-rod servicing in ONGC Ahmedabad Asset.
8ONGC has tied start-up LDs to a separate weekly throughput recovery, tightening both ramp-up and run-rate discipline.
8Milestone-only invoicing and strict price-breakup controls reshape cashflow and compliance behaviour.
8A limited vendor pool on GeM narrows the field while raising the bar on yard-readiness.
 
2) Compressed rig-painting schedule with DFT-tight QA set for training rig IPS-M700-10
8ONGC wants the training rig painted to marine-grade specifications under a 7-day mobilization and 30-day execution rhythm.
8LDs kick in for delay, while DFT logs and staged inspections raise the quality bar.
8Lump sum with vendor-sized BOQs could widen spreads between disciplined and casual bidders.
 
3) Deep price dispersion marks HAZOP/QRA package in ONGC Assam Asset.
8ONGC’s Assam Asset has ranked bids for multi-site HAZOP and QRA with a striking spread between L1 and L6.
8The scope mandates PHAST/SAFETI modelling and compresses delivery into 180 days.
8The pricing outcome will test whether lean risk teams can deliver regulator-grade outputs at scale.
 
4) M/s Ravindra R. Gupta takes L1 in ONGC Mehsana civil works contract
8A tightly structured bid process sees Ravindra R. Gupta emerge as L1 with a 20% quantum, showcasing ONGC's push for experienced civil contractors.
8The option for scaling work by up to 40% adds flexibility, though it places operational pressure on contractors.
8Pricing stability remains a key factor as bidders navigate the firm contract terms.
 
5) Bharti Airtel, Embee Software disqualified as OIL adjusts mobilization timeline for this contract
8With Bharti Airtel and Embee Software disqualified, the focus on strict compliance with technical criteria intensifies.
8The extended mobilization period allows contractors more flexibility, but penalties for delays loom large.
8The move to hire a secondary layer of email security signals OIL’s commitment to robust cybersecurity but raises competition concerns.
 
6) ONGC readies three-year mobile ETP packages: Scope refixed
8ONGC has clarified who pays for what at site while leaving the treatment design to the contractor.
8What remains is execution discipline—weekly lab proof, sealed meters, and four-day moves.

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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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8Gujarat Gas Limited shareholders approve composite scheme of amalgamation [GGL]
8India's oil & gas sector sees widespread production shortfalls in September [MOPNG]
8Cambay PSC update [Synergia]
8Public notice for the commencement of the e-filing portal [PNGRB]
8G E Shipping contracts to sell its 2005-built medium range product tanker “Jag Pooja” [GES]
8Change in senior management [CSL]
8Resignation of chief financial officer of the company [IRM]
8Intimation regarding delivery and mobilization of vessel “SEAMEC III” for charter [Seamec]
8Intimation regarding breakdown of vessel “SEAMEC SWORDFISH” on October 17, 2025 [Seamec]
8Completion of tenure of independent directors Dr. Sudhir Kumar Jain and Shri Bhadresh Mehta of Gujarat State Petronet Limited [GSPL]
8Appointment of Shri Jayant Misra, IRS (Retd.), as independent director of Gujarat State Petronet Limited [GSPL]
8Q2 FY26 financial results presentation [RIL]
8Consolidated financial results for the quarter ended September 30, 2025 [RIL]
8Execution of sponsor support undertaking by GAIL for Talcher Fertilizers Limited [GAIL]
8GAIL signs concession agreement for setting up an MSW-based compressed bio gas plant in Bengaluru [GAIL]
8Company scheme application (C.A./CAA/MB/220/2024) filed by Talwandi Sabo Power Limited with NCLT [Vedanta]
8Change of R&T agent for connectivity for Bharat Petroleum Corporation Limited [BPCL]

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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
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo

Read more

8Agromet advisory bulletin for Palakkad district [IMD]
8Yara third-quarter report 2025 [Yara]
8Yara International ASA announces third quarter 2025 results [Yara]
8Earnings conference call transcript of Q2 & H1 FY26 [KPL]
8Audio recording of analysts/investors call [RIL]
8Paradeep Phosphates Limited completes merger with Mangalore Chemicals & Fertilizers, enhancing capacity by over 23% and expanding pan-India presence [PPL]
8Re-designation of Mr. Bhambal Ram Meena as non-executive non-independent director [TGEIL]

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8Find out why that is so

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Three make the technical cut for SAC facilitation at Hathua LPG hub
8BPCL’s Hathua LPG hub consultancy pushes a dense SAC checklist into a 90-day window with 100% payment on final approval. GeM shows EMD switched off even as the ATC frames an EMD regime, a tension bidders cannot ignore. With four bidders and three qualified, watch how balance-sheet stamina prices regulatory uncertainty.

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Three make the technical cut for SAC facilitation at Hathua LPG hub
8BPCL’s Hathua LPG hub consultancy pushes a dense SAC checklist into a 90-day window with 100% payment on final approval. GeM shows EMD switched off even as the ATC frames an EMD regime, a tension bidders cannot ignore. With four bidders and three qualified, watch how balance-sheet stamina prices regulatory uncertainty.

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8FInd out what it is

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1) Butene-1 licensor bar tightened with cross-border proof and 20-week BEDP clock
8BPCL has opened licensor selection for a 50 KTPA Butene-1 unit with strict global reference criteria. The IFB compresses BEDP to 20 weeks from kick-off and fixes a 12-month bid validity under a CPP-only process. Catalyst swaps are allowed, but only with proven alternate references and one-year operating proof.
 
2) BPCl’s Ramayapatnam Phenol unit licensor race sets 24-week BEDP clock and export-proven BQC filter
8BPCL has drawn a hard line on licensor credibility and schedule for its Ramayapatnam phenol unit. A 24-week BEDP and strict non-home-country ≥100 ktpa references narrow the field to a handful. The payoff lies in who can pair guarantees with lowest lifecycle NPV.
 
3)
L1 at 21% below estimate splits the field in BPCL AP refinery ODC/OWC survey
8A three-month cap and no reverse auction created a clean, SOR-anchored price war. One bidder dived 21% below estimate while three clustered near Rs 10 lakh. The structure signals speed over ceremony for early-works logistics.

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8The award locks in a relocatable API 674 pumping fleet to unblock injectivity at eight wells without fixed lines.
8A tighter telemetry regime and DO-linked penalties could reshape contractor practices on dosing and uptime.
8The price curve shows a sharp mid-pack step-up and an extreme outlier, raising questions on risk loading that the market will parse behind the scenes.

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1) Foam system overhaul on ARN & SKO tanks tightens schedule and quality screws in ONGC Hazira
8ONGC Hazira’s foam-system retrofit hard-codes a 15-day mobilization inside a 180-day completion clock and links cashflow to commissioning.
8Dual LDs and chargeable retests push first-time-right execution under OISD-116.
8But an SCC-GCC timeline mismatch could be the sleeper risk bidders must price in.
 
 2) Cycle-tight gas detector maintenance hard-codes dual LDs and cash-flow discipline in ONGC Cauvery Asset
8ONGC Cauvery Asset’s three-year calibration plan forces six-monthly cycles with installation-wise accountability.
8Dual LDs for mobilisation and completion raise the cost of delay while an option clause gives room to scale.
8No advances and a long ePBG push financing onto vendors, reshaping who can compete.
 
 3) World Fire wins Tripura drilling fire-tender hire, L2 trails by 16.2% in OIL Frontier Basin Project fire tender
8OIL has closed a three-year hire for a fully kitted multi-purpose fire tender to shadow its Tripura drilling campaign.
8
The spec loads in UHP mist, SCBA redundancy, and crew standards more common to downstream plants than remote pads.
8A two-horse race left L2 at a 16.2% premium, raising questions on crew logistics and inventory risk that the market will parse behind the wall.

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

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8Project Name: Arwal, Jehanabad, Bhojpur and Buxar Districts City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

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8Receipt of export order from M/s U V Servicio, Venezuela [UDTL]
8Record date for commercial paper of ONGC Petro Additions Limited [OPAL]
8Audio recording of conference call [MRPL]
8Update on credit rating [Adani Port]
8Intimation of additional on resignation of Shri Tapan Ray as independent director [GSPL]
8Notice of postal ballot for appointment of directors with e-voting from October 19 to November 17, 2025 [MGL]
8Proposal to raise up to Rs. 1,000 crore via private placement of unsecured NCDs [OPAL]

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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
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo

Read more

8Intimation of analysts/investors conference call on October 31, 2025 [DAL]
8Intimation of warning letters from NSE and BSE for non-compliance under SEBI LODR [SRL]
8Financial results for the quarter and half year ended September 30, 2025 [RIL]
8Q2 & H1 FY26 financial results presentation [RIL]
8Rallis India Limited Q2 & H1 PAT grew by 4% and 35% YoY, respectively [RIL]
8Launch of 100 days “Saksham Niveshak” campaign to create awareness on unclaimed dividends as per IEPF Authority circular [GSFCL]
8Mangalore Chemicals & Fertilizers Limited merges with Paradeep Phosphates Limited effective October 16, 2025 [MCFL]

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

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8The licensor playbook is out for BPCL’s 265 KTPA Cumene line into phenol. Dates are tight, the EMD is unforgiving, and run-proven references are non-negotiable. The technical bar now hinges on energy, yield, and single-train availability. Three sections define the heart of the unit: alkylation, trans-alkylation, and deep fractionation. The unit must deliver ≥99.95 wt% product to feed phenol. Battery-limit definitions and OSBL utility interfaces keep scope clarity high.

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8IOCL’s five-year DMDS EOI arrives with zero EMD and a tight technical envelope. But a corrigendum slashes the headline quantity by 90%, creating a glaring mismatch with the notice. Will the pre-bid settle scope or widen uncertainty into the formal tender?

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Sole technical bid for GPR recirculation compressor package arrives under tight PTR and PPP-MII gates in IOCL Paradip PP Line-2
8IOCL has opened the technical bid for the GPR recirculation compressor at Paradip with only one OEM in the fray. PTR and Class-I PPP-MII filters, paired with a hard NDA gate, appear to have narrowed the field. The delivery-is-essence clause now shifts pressure onto build schedules and component lead times.

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