News & Bulletin Updates

8Find out how that is so.

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A silent shift: instead of a simple ‘not older than 10 years’, the equipment for directional drilling must now have at least 5 years’ residual life.
8Smart bidders will rethink what they mobilize.

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8Phase I features a floating FSRU-based setup;
8Phase II promises full land-based LNG regasification as PLL bets on IDCO’s 80-acre grant.
8Initial 4 MMTPA FSRU to serve as bridgehead till 5 MMTPA land terminal goes live

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After a bullish spell, rig repricing has flipped
8A fresh 3-year contracts are now locked in at rates well below last year’s peaks.

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8GE Shipping has locked in most FY26 vessel days at profitable rates, minimizing exposure to short-term swings.
8And what is more, GE’s two top-rated anchor handlers are being rotated internationally via short-term contracts, a sign of flexible fleet positioning.

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8The project keeps crude throughput at 9.5 MMTPA but shifts output to high-value lubes, bitumen, and reduced FO, backed by SDA and hydrocracker upgrades.

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The separator must manage up to 1.6 MMSCMD gas and 30,000 BLPD liquid at 50–70% efficiency.
8Here’s why this performance benchmark is a game-changer for similar offshore installations.

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Beijing’s EV blitzkrieg has already pushed gasoline demand to its peak, with diesel on its heels. The fossil fuel pivot may be irreversible
8But then with battery production at 950 GWh and solar manufacturing capacity double global demand, Beijing’s export dependence has become a strategic Achilles’ heel.

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8The JV brings together this E&P vendor's drilling strength and a vendor's infra execution capabilities under one roof.
8What will it achieve

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Two massive ethanol plants in Hazira and Nellore are underway, with Rs 712 crore in capex.
8But delays have already pushed timelines by a year.
8Then again, a third unit in Telangana has hit a political wall.
8Resistance from the ground has forced the company to pause its grain-to-fuel ambitions there.

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The E&P operator  quietly adds 'T3' to OIL's approved OEMs for annular and ram BOPs.
8A signal that Indian tenders are opening up to next-gen global tech beyond the usual Cameron and Shaffer.
8The package must include BOPs rated up to 10,000 psi with specific configurations across 21-1/4”, 13-5/8”, and 7-1/16”.
8And here's what that means for rig OEM partners and compatibility.
8From blind and pipe rams to flange and studded connections—the updated specs mean every element of the BOP stack must be pre-engineered to exacting standards.

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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

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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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8Financial results for the quarter and financial year ended March 31, 2025 [UPL]
 
8Monitoring agency report for the quarter ended March 31, 2025 [UPL]
 
8Investor presentation [UPL]
 
8Change in key managerial personnel and senior management personnel [UPL]
 
8Audio recording of Q4 FY2025 earnings call [MOL]

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8Real-time monitoring of pumps, tank levels and fire-safety systems ensures proactive operations across a 100 km network of facilities.
8Oil India Limited’s turnkey dehydration and storage facility promises sub-0.2 % BS&W crude and uninterrupted dispatch to central tank farms.
8The larger tank farm is built to accommodate future dehydration trains and formation-water treatment units, ensuring scalable growth.

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8From 04 Jan to 26 May, this plant’s serial deadline pushes reflect the complexity of electrolyser design, tariff modeling and regulatory approvals.

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8The scale and depth of the maintenance work suggest Cairn could be gearing up for increased production volumes or enhanced operational uptime at the terminal.

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8A limited tender process ends with EIL as the lone bidder
8The tender citing urgency closes with with just EIL
8This raises eyebrows on the depth of India’s consultancy pool.

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8With Kukreja, DDF, Vyom, and Design Associates in the fray, the project enters a crucial selection phase.

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8Updated drawing list leaves bidders scrambling to re-draft layouts
8Also, smart-engineering annex revamp adds remote-monitoring interface specs
8Owner confirms final amendment released April 30.
8EPC liability clause tweak is another cause for delay as also
8Revised sizing in busbar resizing also triggers extension

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8With a tight clearance window, the owner’s selection of an agile consultant aims to lock in amended EC before rainy-season process delays.
8Operational ramp-up of the purified terephthalic acid unit now depends on a seamless
8EC amendment—making the awarded consultancy contract mission-critical

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Could this signal bidder pushback or weak participation in prior rounds?
8Also the shift from 'Electrical Only' to 'Electrical/Hydraulic' top drives opens door to more players

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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

Coal to Ammonium Nitrate Greenfield Project
8Cost: Rs.11782Cr.
8Project Event: The bid submission deadline for the Ammonia Synthesis Plant under the Joint Venture project has been extended from May 15, 2025, to May 30, 2025. However, the deadline for the Nitric Acid & Ammonium Nitrate project remains unchanged at May 15, 2025. These changes follow a series of earlier extensions from the initial deadline of February 28, 2025, to March 31, 2025, and then to April 30, 2025, due to a lack of suitable bidders.
Bentonite Sulphur Expansion Project
8Cost: Rs.1Cr.
8Project Event:The bid submission deadline for the RFQ related to the fabrication, erection, and installation of equipment, pipelines, structures, platforms, and cable/pipe racks for the upcoming Pastillation Unit has been extended from May 7 to May 20, 2025, due to a lack of suitable bidders.

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8Audio recording of earnings call [GES]
8Cochin Shipyard and Drydocks World announce strategic collaboration to develop ship repair clusters in India [CSL]
8Financial results for the quarter and financial year ended March 31, 2025 [MIL]

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