Deep Industries Limited has informed the market that the Company has obtained Notification of Awards for hiring of services for compression of natural gas at Kesanapalli (w)-GGS for a period of five years. The approx. value of the contract is Rs. 1149.75 Lacs. The order is for LOA From: ONGC, Rajamundry Asset – Location: Kesanapalli (w), Andhra Pradesh.
Punj Lloyd has infromed the market that the company has been awarded contract from Rajiv Gandhi Institute of Petroleum Technology for construction of their technical institute at Jais in Rae Bareli, U.P. The order is for civil, structural & associated work including site development for setting up of Rajiv Gandhi Institute of Petroleum
Technology (RGIPT).
Deep Industries Ltd has informed the market that the Company has obtained LOA from from ONGC, Ahmedabad Asset for hiring the services of compression of natural gas at Ramol GGS for Ahmedabad Asset .The value of the project is Rs 77.50 million.
On February 18, 1959, Oil India Private Limited was incorporated to expand and develop the newly discovered oil fields of Naharkatiya and Moran in the Indian North East. In 1961, it became a joint venture company between the Indian Government and Burmah Oil Company Limited, UK.
In 1981, OIL became a wholly-owned Government of India enterprise. Today, OIL is a premier Indian National Oil Company engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. OIL also provides various E&P related services and holds 26% equity in Numaligarh Refinery Limited.
Oil India IPO
»» Public Issue Open: September 7,2009 to September 11, 2009
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 2,64,49,982 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
Object of the issue:
Exploration and Appraisal Activities .
Development activities in producing Fields .
Purchase of Cap. equipments & Contracts for Facil. .
Diversification of Exist. Busns.in Downstream Act .
L&T has won two major offshore platform contracts from ONGC aggregating over Rs. 5300 crores.The order is for the Mumbai High North (MHN) process platform & living quarters project, with an additional order for supply of three process gas compression modules to be installed in the same complex. The Execution time for the same is 33 months.
BGR energy informed the market today that “The State Company for Oil Projects, Ministry of Oil, Iraq”has infcat increased the value of the contract which they placed earlier from US$76.6mn to US$80.5mn.
Previously it was in October 2006 they awarded a lump-sum Turnkey contract worth of US$76.60MN to BGR Energy, for design and supply of gas processing complex of KORMOR Gas Field Development project.This project dint take place because of some change in operating parameter.
Raj Oil Mills is one of the front runners when it comes to offering a wide variety of pure quality oils to meet every need of the discerning customer.The company offers an eclectic mix of branded oils, ranging from pure coconut oil to a variety of cooking oils ensuring the satisfaction of its ever-expanding customer base.
Led by the company’s flagship brand Guinea Double Filtered Pure Groundnut Oil (which was launched in 1953), ROML’s array of powerful brands are today well-known names in India, enjoying an enviable loyalty among its patrons.
Issue Details
Public Issue Open: July 20 ,2009 to July 23, 2009 Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO) Public Issue Size: 95,00,000 Equity Shares of Rs. 10/- Face Value: Rs. 10/- Public Issue Price: Rs 100/- to Rs 120/- Market Lot: 50 Shares Minimum Order Quantity: 50 Shares
Object of the issue:
>Setting up Crushing & Refinery unit Sunflower,Palm (Manor).
>Setting up Crushing unit for Sesame & Mustard (Bagru).
>To Meet Margin money for Working Cap. requirements .
>Brand Promotion & Expn of Mkt. & Distrbn Network .
>Setting up of Research & Development Facilities .
>Profession and Consultance Fees .
>Miscellaneous and Other Assets .
>Provision for Contingencies .
Hindustan Dorr Oliver Ltd has informed the market has bagged another order worth Rs 108.9 Crores from HPCL-Mittal Energy Ltd for Effluent Treatment Plant of 12 MLD capacity , The execution time for the project is 17 months.
It has also bagged another order from HPCL-Mittal Pipelines Ltd for crude oil terminal effluent treatment facility at Mundra of value Rs 9.90 crs.The Execution time for the project is 11 months .
Hindustan Dorr Oliver a Vedanta group of company informed the market that they have secured 2 contracts aggregating Rs 66 crore from the Vedanta Group. Order info
>First order worth Rs 48.5 crore is for setting up air water piping system at Vedanta’s 12.5 lakh tonne per annum aluminium smelter expansion project in Jharsuguda, Orissa. Execution time of the project is 1 year.
>Second order worth Rs 17.50 crore is for setting up of a Milk of Lime Plant (MoL) for Vedanta’s 3 million metric tonne per annum alumina refinery expansion project at Lanjigarh district at Orissa. Execution time of the project is 11 months.
Confidence Petroleum India Ltd has informed the market that they have bagged 3 orders TWO from IOCL and ONE from Hindustan Petroleum Corporational.
Order Details
1.Two order for M/s. Hindustan Petroleum Corporation Ltd (Rs 37.70 Crores] & M/s. Indian Oil Corporation [Rs 5.19 Crores] for supply of LPG Cylinders. The contract is to be executed on or before March 31, 2010.
2.Contract for Design, Supply, Erection, Testing, Commissioning & Maintenance of 9 [Nine] Auto LPG Dispensing Stations in the States of West Bengal, Andhra Pradesh, Uttar Pradesh, Maharashtra & Jharkhand, to the Project & Engineering Department for IOCL. The total value of the contract is Rs 4.13 crores.
Reliance Petroleum Ltd has informed the market that on aBoard Meetign that was held on March 02,2009 , They have agreed on the amalgamation of scheme to merge with Reliance Industries Ltd (the “Transferee Company”) under the provisions of Sections 391 to 394 of the Companies Act, 1956.The Scheme shall be subject to necessary approvals of shareholders and creditors and sanctions of the Hon’ble High Court of Judicature at Bombay and the Hon’ble High Court of Gujarat at Ahmedabad. Merge Details Date of the amalgamation or Merger is April 01, 2008. Merger Stock details : Every Reliance Petroleum Shareholders will receive 1 fully paid equity share of Rs 10 each of Reliance Industries Ltd for every 16 fully paid equity shares of Rs 10 each of the Company held by them on the record date to be fixed by the Transferee Company. Read more info here.
Hindustan Dorr Oliver Ltd has informed the market that the Company has bagged an order worth Rs 24 crores from M/s. HPCL-Mittal Energy Ltd .he order is for detailed engineering, shop & site fabrication, transportations and supply of Process Pressure Vessels weighing from 50 MT to 250 MT each. Execution time :
Execution time is 12 to 14 months.
BGR Energy infromed the market that the company’s oil and gas equipment division has secured a contract worth $8.57 million from State Company of Oil Projects (SCOP) of Iraq for supply of 14 floating and fixed-roof steel storage tanks. Execution time:The order has to be executed within 12 months.
Oil & Natural Gas Corporation Ltd (ONGC) and chennai Petroleum Corporation (CPCL) has informed the market that even after the restraining orders from the court the Oil Sector Officers’ Association, including Officers of Oil And Natural Gas Corporation Ltd under the aegis of Association of Scientific & Technical Officers (ASTO) have given a call to proceed on strike effective 0600 hours on January 07, 2009.
Alphageo (India) Ltd has informed the market yesterday that they have bagged order wirth 43.69 crore from ONGC.The share price which went up today morning upto 115 rs has come down to 105 rs.
Maharashtra Seamless informed the market today that they have won order worth Rs 757 crore from ONGC for supply of seamless pipes.Seamless pipes are used in places like oil fields and gas transformation.
The order is to be started immediately and have to be completed in 15 months.The influence of this order will carry over 1 years result then ,and with this order the total order book comes to almost 1370 crore.
Everest Kanto Cylinder Ltd has informed the market that they have received an order from Pakistan and Middle East countries for the supply of CNG cylinders through EKC International FZE, the Company’s wholly owned subsidiary in Dubai. The value of the ocntract is 13 million dollar which will almost come to 60 crore when 1 dollar is 45 rs.
Punj Lloyd, which had won some order yesterday again is blessed with some more order this one is too big , they informed the market that it has been awarded the engineering, procurement, installation, and commissioning of strategic gas transmission project worth US$ 800 million (Rs 3636 crore), from Qatar Petroleum. The project Includes laying of 211 km of pipeline with associated stations and infrastructure.The order Execution time is 32 months.
Hi all , i have just added links to Daily Indian gold price , oil price per barrel and also whats the rate of rupee when it comes to US Dollar , so have added all the three as pages on the main menu, if you see this image you can easily identify.
Patels Airtemp India Ltd informed the market today that the Company has received an order worth around 16.09 crore from essar oil refinery project at aujarath and the contract is for Shell and Tube Heat Exchangers.
After US Government gave out the oil inventories which unexpectedly declined and gasoline stockpiles fell , Crude Oil went up by 3 dollar a barrel .This will have the Oil stock go up today like cairn energy , reliance petroleum and much more .
How much is 1 barrel in Liter ? 1 barrel = 117.347765 liters
Sanwaria Agro Oils Ltd has informed the market today that the Board of Directors of the Company on it smeeting held on august 8th 2008 have made decision on dividend and Bonus and the details is as follows.
>Dividend on equity shares @ 30%, Rs. 0.30 Per Share to Equity Share holders of the Company.
>Bonus in the ratio of 1:1 to Equity Share holders of the Company.
The record date for the same will be informed soon here.
Shiv Vani Oil & Gas Exploration Services informed the market today that they have been awarded a contract worth Rs 1610 crore from Oil & Natural Gas Corporation to deploy eight onshore deep drilling rigs.on the financial side Shiv Vani Oil showed net profit of 115.9% to Rs 21.22 crore on 118.4% growth in net sales to Rs 142.26 crore in Q1 June 2008 over Q1 June 2007.
Crude oil which is almost writing stories in every countries Economy saw a big spike today in NYNEX which they say is one of the first and it surged more than 10 dollars a barrel touching a record of USD 139.12 a barrel during trading. I dont understand the reason they are saying for the crude price or true atleast for one they are saying US employment rates is getting high , if thats the case why would they spend much on oil and drive around .Morgan Stanley has predicted the oil price would reach even 150 dollar in a month or so ,think we have to stop trading equity and buy oil bonds or something .
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