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

8The number of PMC bid date shifts tells a story of selectivity and sectoral precision.
8From gas phase reactor integration to ethylene unit commissioning,
8IOCL’s detailed scope challenges top consultants.

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

8In a major shift, BPCL’s compressed air & nitrogen plant tender mandates a 5-year post-warranty CAMC, replacing the originally floated 3-year clause, indicating a pivot in long-term asset care strategy.
8BPCL clarifies that O&M spares beyond DLP won’t count in price evaluation, but must remain valid for two years post-DLP—offloading inflation and obsolescence risk onto vendors
8Even if MOOWR import duty concessions apply, BPCL insists GST will be levied on the entire EPC contract—blurring the line between fiscal facilitation and compliance overhead.

8IOCL mandates compliance with the April 2025 Gazette on DMI&SP, making affidavit submission non-negotiable.
8Bidders failing to comply face outright disqualification—raising. This raises the bar on domestic content enforcement.

8Multiple project extensions highlight the complexity of retrofitting control systems on operational LPG infrastructure.

8Multiple bid deadline shifts suggest vendor hesitation and intricate pre-qualification hurdles.
8But this is central to IOCL’s boiler feed optimization strategy.
8Tender mandates tie-ins with live refinery units—demanding precision engineering and shutdown coordination.

8GAIL’s EPCM consultant EIL invites bids from registered vendors for specialized valves, with tender submission extended to encourage quality participation.

8What began as a technically dense and narrow tender has evolved—corrigenda clean up language, widen participation, and shift delivery schedules.

8The competition heats up as GAIL looks for expert help to leverage national and international funding schemes.

8A specialized inspection tender aims to detect electrical vulnerabilities before they spark operational disruption.
8Half the participating vendors fail to meet IOCL's technical threshold.

8A player breaks ranks as rest of sector fumes

8The once inactive firm is moving fast with rig tenders targeting two oil discoveries after it was acquired

8For the second time in two years, ONGC halts drilling in the Andamans—this time at ANDW-7—despite initial signs of gas.

8New targets at OAEA and OAEB suggest a re-strategizing in response to geological curveballs

Kavya Infra Projects emerged L1 for the KNP-AA site development, undercutting the estimated value by a good margin
8The scope spans bunding, gravel compaction, RCC work, and critical rig readiness infrastructure.

8105 wells, including gas-water separation systems, trunk-line pigging, and artificial lift monitoring—spanning 60 Sq. km.
8Each wellsite is equipped for 15,000 SCMD gas and 100 m³/day water separation with cone and turbine meters.

8Open house minutes on acceptance of insurance surety bonds as performance security [PNGRB]
 8In-principle approval for issuance of NCDs up to Rs.6,000 crore by Adani Ports and SEZ Ltd [Adani Port]
 8Resignation of chief financial officer of the company [IRM]
 8Financial results for the year ended March 31, 2025 [SWP]
 8Investor’s presentation for FY 2024-25 [SWP]   
8Sale of Natural Gas from CB/OS-2 Block
 8Incorporation of JV “SEARETE INDIA IFSC Pvt. Ltd.” by WOS SEAMEC International FZE [SEAMEC]
 8Charter hire commencement and addendum execution for vessel “SEAMEC SWORDFISH” with Safeen Al Behar Limited [SEAMEC]
 8Q4 FY 2024-25 results presentation [GSPL]
 8Financial results for the year ended March 31, 2025 [GSPL]
 8Link for audio recording of conference call [ONGC]
 8Publication of Gazette notification for acquisition of ROU for pipeline in Mehsana, Gujarat [Gazette]

This rig company fell foul of its primary client
8And had to obtained a court order to stay in
8Looks like a compromise has been made
A lot of back channel to and fro took place it looks like

8Indian Petrochem analysts noted a downward revision in Imported tanker load Linear Alkylbenzene (LAB)  prices at Kandla port on May 23, 2025

8The Hyderabad market has recorded an increase in the prices of EVA (18%) today after a period of stability

8Today reflected a hike in PS (GPPS) prices within the Ahmedabad indian petrochemicals market, indicating a shift in market trends

8In the Kolkata market today, Dibutyl Phthalate (DBP) prices witnessed a downward correction

8The price of PBT (Polybutylene Terephthalate) increased by Rs.3/kg in Mumbai’s plastic raw material market today

8The Ahmedabad polymer market observed a notable price correction today as the price of PA6 Grade E35, manufactured by GSFC (Gujarat State Fertilizers & Chemicals Ltd.), declined by Rs.2/kg