Bulletin Updates

E&P: Everyone is now going the integrated contract way – 24 Nov 2021

Nov 24, 2021

Oil companies are not willing to do piece meal E&P work anymore

Integrated contract is the buzz word, where all services, equipment and material procurement are integrated under the contract for a period three years, extendable by one year

Here is an RFQ for a huge contract coming up ahead, involving multiple wells and multiple blocks

For equipment and service providers, including rig suppliers, for these drilling contract, there will be a lot of work ahead, though major tools will be coming in only from a specified list of companies

The full story is for subscribers. Log in to read it, or start a free trial.
Log in Start a free trial »