Bulletin Updates

Oil India shuts down Rs 500 crore well services tender: Was it trying to bite off more than it could chew – 12 May 2025

May 12, 2025

A corrigendum had just pushed the bid date to May 20.

Less than a month later, the entire tender stands cancelled.

Was it budgetary hesitation or a shift in asset strategy?

With a hefty bid security and intense pre-bid interest, cancellation at this stage leaves major service providers in the lurch

Could the cancellation of this integrated package lead to modular tendering?

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