The scope includes both preventive and breakdown maintenance, with spares and skilled… – E&P Contracting Brief: Part II, 23 Jun 2025

Seven contenders line up for 3-year HVAC AMC on onshore rigs8A total of seven bidders, including established field service vendors and regional HVAC specialists, have thrown their hat into the ring for the 3-year maintenance contract covering critical HVAC systems on drilling and workover rigs.

The scope includes both preventive and breakdown maintenance, with spares and skilled manpower provisioning forming a core evaluation parameter.Three bidders qualify as ONGC enforces tight drill-site logistics criteria8ONGC’s bulk handling plant tender saw only three out of four bidders make the cut, with disqualification tied to strict definitions of upstream experience.

The rejection of a pre-bid plea to broaden eligibility marks a firm stance on field-proven credentials.Seven labs clear ONGC’s tough twin-accreditation filter in Kakinada bid8In a tightly contested environmental monitoring tender, ONGC shortlisted seven out of nine bidders—accepting only those with both MoEF&CC and NABL credentials.

The disqualifications underscore a growing PSU trend of enforcing dual compliance, even on modest-value service contracts.Insurers seek breather as ONGC’s offshore well insurance tender deadline sparks reinsurance crunch8PSU and private insurers—including Oriental, NIC, UIIC, ICICI Lombard, and HDFC Ergo—have formally sought extensions to ONGC’s 23 June bid deadline, citing delays in reinsurance commitments.

With extension requests ranging from 27 June to 1 July, the coordinated scramble reflects deeper strain in upstream risk underwriting for India’s offshore energy assets.