Bulletin Updates
Pre-bid queries shape final scope as ONGC freezes rig eligibility terms – 20 May 2025
May 20, 2025
From rig age limits and leasing terms to third-party certifications, ONGC’s replies andamendments set a definitive compliance path for this rig empanelment..
Fresh deadline set for industry to respond.
ONGC’s post-query amendments clarify exclusive leasing requirements, residual life of rigs, and manufacturer support obligations—nudging bidders to review document compliance afresh.
Vendors proposing rigs under fabrication will need to wait for post-empanelment tenders. The current round is strictly for ready rigs with valid records.
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