News & Bulletin Updates

8Despite being open to flexible supply commitments, this maiden EOI draws a lone response — raising concerns about ecosystem maturity.
8The plan to co-process SAF through its DHDT faces real-world constraints as UCO sourcing remains fragmented and under-regulated.

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Biofuel push delayed: IOCL extends EOI timeline for Biomass Pyrolysis Oil vendors again
8Despite India's surplus biomass and rising decarbonization rhetoric, IOCL has had to twice extend its EOI timeline for toll pyrolysis vendors, hinting at a market not yet ready for commercial-scale execution. Stakeholders point to high technical thresholds and muted vendor preparedness as root causes.
Muted response pushes IOCL to twice extend Deadline for Advanced Coker Pilot Plant EOI
8Despite IOCL’s strategic R&D push, its EOI for a cutting-edge coker pilot plant drew a tepid market response—forcing two deadline extensions. Vendors remain wary amid niche scope, high spec demands, and limited commercial upside.
IOCL extends bid deadline for Paradip SRU shutdown tender amid tight PQC scrutiny
8In a predictable yet crucial move, IOCL has pushed the bid deadline for its Paradip SRU shutdown package by a week, offering relief to contractors grappling with PQ documentation and third-party validation. The scope, however, remains untouched—keeping the pressure squarely on bidders’ readiness.
IOCL relaxes flange rating norms in MPPL Pump tender amid multiple bid extensions
8A rare clarification allows ANSI 600# flanges with Class 300-rated pumps in IOCL’s MPPL booster unit tender. Frequent date shifts and spares pricing confusion mark high bidder sensitivity.

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8One beats the other by a narrow enough margin

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8Find out what makes the company so special

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8What made Tecnimont overshoot by a wide margin?

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8What made Tecnimont overshoot by a wide margin?

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8How did it quote half the L-2 price

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8Jindal Drilling's latest rig acquisition hasn't dented its cash reserves, leaving the company with a robust war chest of Rs 112 crore. How did it manage capital-intensive growth without straining liquidity, and what strategic opportunities could this financial strength unlock next?
8Here's a deep dive into Jindal Drilling’s calculated next steps.

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8It just scooped up 60% of Sumitomo’s new Asia arm
8From Tokyo to Jakarta, it’s game on in generics
8This takeover packs more punch than a pharma ad

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ONGC tender lifts bar for MPPU compliance in Assam with 15K psi spec, tight TPI norms
8The latest 5-year pumping tender from ONGC Assam introduces rigid tech specs and third-party validation norms, forcing vendors to upgrade inventories or tie up leases.
8A 9-month mobilization window offers flexibility, but operations must still deploy within 24 hours of ONGC callout—making logistics planning critical.
Hazira O&M tender redefines liability norms, stretches manpower flexibility
8The ONGC Hazira tender mandates end-to-end operations of cooling water, compressed air, and treatment systems, while embedding silent clauses that shift operational and standby liabilities to the contractor.
8Manpower redeployment flexibility and zero-cost scope additions mark a risk-heavy shift in standard practice.
Crude clean-up: OIL revives 30-tank sludge evacuation with tightened specs
8With a 4-year contract window and expansive tank-to-pit logistics, OIL’s sludge evacuation tender tightens control on solvent ratios, safety protocols, and dual-site execution. Contractor risk rises sharply on compliance, timeline, and third-party certifications.
BPRL's Cambay audit tender draws tight valuation–compliance focus
8Bharat PetroResources has floated a 6-month tender for independent physical inventory assessment and valuation at two Cambay onshore blocks.
8The scope is tightly confined to verification and categorization, with liability on the contractor for reconciliation and valuation accuracy.
8However, lack of clarity on SAP access and reliance on OEM inputs may pose execution hurdles.
TCRC secures ONGC TPI contract despite tighter L2 bid
8ONGC awarded the year-long third-party inspection job to TCRC Quality Controls LLP, even as L2 offered a 2.4% lower quote.
8The outcome points to strict enforcement of scope compliance and documentation discipline over mere price advantage.

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8ONGC pushed technical risks to the limit

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Tight pricing seals 3-year O&M deal for ONGC CBHP operations
8With just a 2.85% spread separating L1 and L2, the Rajahmundry asset’s CBHP O&M tender saw disciplined bidding aligned to ONGC's Fair Wage norms.
8Internship-linked relaxations may have aided Techno Fab’s edge.
No relief for MSMEs as ONGC shuts door on valve servicing flexibility
8Participating bidders like Alliance, Amrutha, and Krystal Engineering face stiff barriers in ONGC’s Rajahmundry tender, as every commercial and technical relaxation sought by MSMEs was flatly rejected — exposing them to execution and cashflow risks.
Three bidders vie for ONGC’s workover rig inspection tender as clarity sought on manday payments and reinspection compensation
8Bureau Veritas, DNV, and OMCI raise key clarifications on man-day billing, reinspection charges, and crew qualification in ONGC’s Mehsana workover rig TPI tender.
8ONGC’s responses remain vague, posing cost and compliance ambiguity.
Qualification criteria and scope ambiguities spark bidding risks in ONGC’s Nandasan O&M tender
8Multiple vendors challenge ONGC’s strict BEC and undefined KPI-linked manpower scope.
8While ONGC offers limited relaxations, unresolved ambiguities on penalties and responsibilities could impact bidder participation and pricing strategy.
Pre-bid pushback highlights spec rigidities in ONGC Cuddapah Basin drilling tender
8Multiple vendors raised red flags over rigid qualification norms, unclear geological inputs, and restricted OEM clauses in ONGC’s latest air hammer drilling tender—exposing risk layers in a technically sensitive wildcat campaign.

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8Complex logistics and evolving procurement norms are at the core of extending the tender

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8A late-stage extension gives bidders breathing room, but concerns persist over heavy contractor liability for free-issue materials and detailed handover mandates.
8The scope's packaging leaves little room for price flexibility, despite high-value line pipe logistics and zero standby reimbursements.

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GSPC holds line on vintage and timelines in scrapping tender; mobilization and BEC clauses remain rigid
8GSPC has rejected requests to relax its scrapping unit age limit and mobilization window, leaving bidders facing cost and timeline pressure.
8Ambiguity on experience equivalence adds to pre-bid uncertainty.
ONGC relaxes crew boat age, but slashes total operating days in surprise move
8ONGC's latest corrigendum for crew boat tender loosens the vessel age bar to 16 years but tightens operational exposure by sharply reducing the total contractable days to 1012.
8Contractors gain in eligibility, but the real cost cushion goes to the client.
OIL India pushes back rig tender again, bid deadline now 13 August
8In its seventh amendment, OIL India has extended the closing date for its marquee rig procurement tender SDG8584P25 to 13 August 2025.
8While vendors cheer the breathing room, the growing number of deadline shifts raises concern about project delays. Is vendor fatigue setting in—or is OIL recalibrating its upstream rollout?
Oil India pushes rig hire bid deadline to August: Delay hints at complexity in spec-heavy 1000 HP mobile rig tender
8A high-spec, pan-India rig tender from Oil India has been extended yet again—this time to August 5th.
8While bidder-side benefits like relaxed EMD instruments have been added, no technical relaxations were made. With no post-prebid clarifications released publicly, concerns remain over cost, mobilization timing, and qualification thresholds.
Mobilization window extended to 90 days in 2D seismic tender: ONGC gives relief in milestone timeline
8ONGC has extended the mobilization and demobilization period by 15 days in its Cambay-Kutch 2D survey tender, pushing critical deployment timelines.
8The shift may ease logistical bottlenecks for bidders but also signals possible upstream challenges.
OIL extends bid for snubbing unit; AMC clause adds legal heft mid-way
8With the deadline now shifted to 13 August, bidders must comply with a newly inserted AMC clause enforcing OIL’s full General Conditions of Contract — a move that raises post-award obligations and tightens vendor accountability.

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8The move hints at slow bidder response to this deep-dive reservoir redevelopment study across despite high-value QCBS model and heavy data handling needs.

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8A Rs 21,000 crore lesson in patience
8And how Shell survived India’s regulatory maze

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Get timelines of how the contracting will take place
8And get component wise breakdown
This is of great value to the contracting community

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India lands a Saudi megadeal after China’s export freeze
8Five years, 3.1 million tonnes, zero panic
8Fertilizer diplomacy just got a desert upgrade

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8Meghmani Organics reports 44% YoY revenue growth, Rs. 40.5 cr net profit [MOL]
8Q1 FY26 investor presentation [MOL]
8Financial results for the quarter ended June 30, 2025 [MOL]
8Disclosure of inter-se agreement between promoter Zuari Maroc Phosphates Pvt. Ltd. and its shareholders under SEBI listing regulations [PPL]
8Appointment of Mr. Ashish Chatterjee as government nominee director [HZ]
8Business responsibility and sustainability reporting [MCFL]
8Annual report for the financial year 2024–25 [MCFL]
8Audio recording of earnings conference call [Deepak Fertilizer]

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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

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8Find out what happened in IFFCO today
8And what are the implications
We get you the inside story

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8Green feedstocks meet captured carbon
8Hydrogen’s part of the recipe too
8The low-carbon methanol market is warming up

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8Ammonia production moves closer to the soil
8Localized units promise leaner logistics
8Farm-ready chemistry is finally here

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8India’s urea pivot snubs China and swings the gates open for Russia and MENA
8Export curbs in Beijing meet New Delhi’s diversification playbook
8The world’s largest importer is redrawing fertilizer lanes—fast
8It's not just trade, it’s geopolitics in granular form

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