From manpower firms to mud pumpers, everyone wanted a piece of the rig game
8Because they saw existing rig owners prosper
8But ruthless qualification filters, tightened during the qualification process, keep them all away

CPCL’s multi-stage clarifications reveal deep rifts in BOO responsibility, risk sharing, and infrastructure coordination.
8Multiple bidders question the logic of certain clauses while CPCL stands firm — raising concerns over project bankability, technical clarity, and future dispute risks.
8No water, no power, no effluent link — bidders must manage end-to-end setup, raising project CAPEX sharply.
8Hydrogen delivery risk shifts entirely to BOO, unsettling financiers banking on fixed offtake.
8NR-only pricing narrows financing routes, pushes LCOH up by 25–30% — banks wary.
8Purity levels unlikely to justify pigging, yet the clause remains — bidders baffled.

Vendors must deliver a 2040 forecast with 20-year price history, SWOT, and custom insights for IPA, Propylene, R290 and White Oil
8Where will the bidders get the price history?
8None of them have the data readily available as it will need them to collect price laboriously from the market over a long period of time, so they will subscribe to our sister site IndianPetroChem.Com and get them
8If they do not, then what HPCL should do is to insist on data purity, where was the data collected from?
8For there is nowhere else that this local data can otherwise be collected

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
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8Coal and Coke
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8All tankers
8Bulk and Dry cargo

This revolutionary 2G ethanol technology may soon be a unique proposal, not just for India but for the world.
8There is Rs 4000 crore running on it
8And if it succeeds, it will be a unique moment indeed
But will it be so?

Consultancy contracts may get you in the door. And earn you your high margins
8Turnkey projects may build your topline.
8But it’s the change orders—midstream scope alterations priced at a premium—where the real money is made.
8Engineers India Ltd just let that truth slip, and it’s worth unpacking.

No Price Bid Yet—Empanelment-only Tender to Pre-Qualify Vibroseis Contractors
8ONGC will invite price bids only from those empaneled through this process. With no EMD or commercial offer required upfront, this is a low-barrier, high-stakes gateway for seismic players.
8The BEC mandates credible seismic work history using vibrator fleets. For multi-sector bids, the bar is even higher: 250 LKM or 50 SKM. Proof of delivery is non-negotiable.
8ONGC allows bids based on parent/sister companies' experience—but demands an extra 50% performance bank guarantee from the supporting firm. So group synergy now comes with a price
Cyclic Steam Stimulation Returns to Spotlight in ONGC’s Enhanced Recovery Drive
8ONGC pushes CSS operations using portable steam generators—pointing to renewed urgency in boosting recovery from tight, viscous reservoirs in Gujarat’s declining fields.
8Only vendors with proven high-pressure, high-temperature (HPHT) steam systems and real-world CSS experience stand a chance.
From Flare to Fuel? ONGC Looks to Repurpose Vent Gases in Ahmedabad Asset
8ONGC is scouting for solutions to store or reuse flare gas—possibly for power generation or reinjection.
8From emissions recovery to vapour reutilization, this EOI is an early building block for carbon-smart oilfield operations in India’s oldest producing basin. A sign that sustainability is moving from policy to plant floor.
GSPC Clarifies Viton FPM Requirement for Seals—No Substitutes Allowed
8The pre-bid note firmly states only Viton FPM rubber will be accepted for Chiksan loop sealing—closing the door on cheaper alternatives. Vendors must align their BOM now.
8The company demands SS 304 or SS 316 for ball races in the Chiksan swivel joints. Mild steel or carbon steel alternatives won’t pass technical evaluation.
8Despite vendor murmurs, GSPC did not dilute the API 5L Grade X65 spec for the discharge line pipe. Bidders must factor premium steel cost into their quotes.
GSPC Confirms Sale of Emulsified Crude on “As-Is” Basis—No Quality Claims Allowed
8Pre-bid clarifications confirm that buyers must lift crude in its emulsified state, with no guarantees on BS&W levels. Quality control will rest solely on the buyer.
8GSPC stops short of calling it ‘refinery-grade’. This confirms that emulsified crude will need dehydration and heating—potentially costly for small players.

The world may talk transition, but the money is circling back to fossil fuels.
8This Indian EPC consultant is now seeing a reversal—clients walking away from green capex and returning to hydrocarbons.
8This isn't just a trend.
8It's a global undercurrent.

Six elite OEMs line up for Dahej PDH pump package as EIL enforces zero-deviation bid call
8Top-tier pump vendors compete under a rigid no-deviation framework for Petronet’s ethane–propane complex.
8Find out who they are
8No EMD required, but cash flow-linked milestones may strain vendors.
Digital command center tender at BPCL Kochi draws top IT contenders amid intricate safety and integration demands
8Five heavyweights are in the fray for BPCL Kochi’s CDE Control Tower project.
8This isn't a regular IT tender — it's a refinery-grade digital infrastructure mandate demanding hardcoded safety, full-spectrum system integration, and post-go-live operational stability.
8The tender sees a rare mix of EPC-oriented and pure IT consultants.
HPCL’s subsea pipeline wrapping job: All three bidders clear technical scrutiny
8HPCL’s subsea pipeline wrapping job sees technical qualification of 3X Engineering, Coastal Marine, and Underwater Services, signaling a technically sound and competitive bid round.
Top-tier valve players lock horns for Usar PDH package
8With heavyweights like Velan, Leader, and Oswal in the fray, GAIL's limited tender for critical LT and cryogenic valves sees fierce competition among EIL-approved vendors.
8Long-time industry leaders now face off with agile mid-sized firms in this tightly contested procurement.
Top consultancies falter in BPCL greenbelt tender
8Big names like PwC, CII, and TUV SUD were disqualified in the technical stage
8This reveals how the tender demanded field-level biodiversity credentials, not corporate clout. 10 out of 12 bidders failed to qualify, highlighting a shift towards ecological rigor and statutory depth in public sector tenders linked to refinery operations.
8The tender’s scope included tracking endangered species, IUCN-linked risk, and carbon sequestration—a multidimensional ask that most firms couldn’t meet.
HDD race intensifies: 4 players in fray for river crossing drill
8Four bidders vie to clinch the Atherbanki River HDD contract under the NRL expansion pipeline, setting the stage for a critical stretch in India’s crude logistics corridor.
Andhra Refinery Margin game: Indomer’s bid undercuts rival
8EIL’s award for the Ramayapatnam refinery study went to Indomer, whose quote was 12–37% below others

Fifth deadline push in BPCL Bina ETP bid raises planning red flags
8With four successive bid extensions and unresolved technical ambiguities, the ETP tender under BPCL’s Bina expansion now signals planning instability, raising execution and sizing risks for bidders.
8TSS now floated at 200 mg/L, then diluted with vague ‘finalize later’ language. EPC bidders face design and costing limbo.
8Bidders flag irrelevance of Thyristor and NIFPS AMC, but EIL refuses deletions — risk pushed downstream.
8No Zone 0/1/2 mapping provided. EIL hands off classification — increasing compliance exposure.
8Bidders asked for clarity on motor efficiency class, but EIL response redirects to tender note with no explicit resolution.
8EIL insists on 8Vendors cannot price undefined AMC scope for NIFPS or Thyristor panels. Bidding integrity suffers.
8Despite a 6000+ page tender, basics like inlet quality and motor specs are left ambiguous.
8With four prior extensions, confidence in project readiness and bid evaluation stability is now under question.
EIL’s steam package tender for BPCL triggers critical design shifts
8Key electrical and mechanical specifications in BPCL’s steam generation package tender were quietly overhauled via pre-bid replies and commercial amendments.
8With deadlines now extended, bidders face an uphill task recalibrating costs and scope.
8The exclusion of motor-driven pump reduces redundancy in steam startup strategy. Is BPCL betting on gas grid stability?
8With pre-bid clarifications adding significant scope, the third bid deadline extension offers scant room for recalibrated costing.
BPCL’s polypropylene bagging plant tender sees repeated deadline extensions: Bidders cautious?
8With bid due dates now extended to 13 June 2025, industry players are eyeing the Rs100 crore tender with hesitation.
8The tender demands turnkey automation of multiple packaging lines – from 25 kg bags to 715 kg jumbo formats – testing bidders’ integration capabilities.
8Is the complexity of automation or EMD-heavy terms slowing down submissions?
Oil mist, trip logic and pressure margins: MRPL compressor bid stirs a debate
8The MRPL’s recycle gas compressor tender expose key engineering contentions — from API compliance deviations to logic overrides and pressure-drop accountability.
8EIL responds with a firm but selectively accommodative stance.

The world may talk transition, but the money is circling back to fossil fuels.
8This Indian EPC consultant is now seeing a reversal—clients walking away from green capex and returning to hydrocarbons.
8This isn't just a trend.
8It's a global undercurrent.

Kharsang’s 40-well clearance signals long-term oil uplift
8While only two wells are producing, HOEC has clearance for 40 development and 3 exploration wells in Arunachal—setting up a multi-year drilling campaign with potential reservoir upside.
B-15 could be HOEC’s dark horse in offshore gas
8Newly acquired and 100% owned, B-15 comes with two ONGC discoveries and complete seismic data. Shallow waters mean lower capex, and a production start is targeted within 30 months.
PY-1 gas gets a 2x price bump as HOEC signs new term sheet
8The old US dollar 3.66 per mmbtu price is gone. A fresh term sheet with GAIL offers US dollar 6.75 on gross calorific value—pending a green light from PetroVietnam by June-end.
390,000 barrels in storage, and HOEC isn’t in a hurry to sell
8With crude prices underwhelming, HOEC is holding back nearly 400,000 barrels from B-80—waiting for the US dollar 75 mark. With capacity to store 900,000 barrels, the clock isn’t ticking yet.
Dirok’s forest pipeline nears finish line—gas grid could flip the field
8The 15-km stretch through forest terrain is done. Once the North-East Gas Grid links up in FY26, Dirok’s latent capacity—up to 55 mmscfd—can finally find buyers across India.
B-80 workovers to halt production for a month, but more oil may follow
8HOEC is planning tubing replacements and zone shifts in B-80’s two offshore wells. A 30-day pause is expected, but the target is higher, more stable flow post-restart.
HOEC rewrites B-80 revenue model to ensure survival
8The company has scrapped day-rate infra charges in favor of per-barrel pricing—keeping its FPSO, MOPU, and SPM alive during low production. It’s about sustaining the ecosystem, not padding topline.
HOEC quietly imposes debt ceiling tied to market cap
8Even as drilling and infra work picks up, HOEC says it won’t borrow more than 10% of its market value. That caps future debt around Rs 200–250 crore, adding a fiscal discipline layer.
HOEC holds 21% in PY-3 but gets nothing—arbitration may change that
8ONGC resumed production from PY-3, but HOEC, despite its 21% stake, isn’t getting returns. A legal battle is underway—and a favorable ruling could bring retroactive payouts.
One-time gains cushion Q4 profit as volumes stay weak
8Rs 46 crore in unpaid interest from AEPL and Rs 76 crore in other income bolstered HOEC’s bottom line this quarter. But it’s not from operations—production remains subdued.

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