Bulletin Updates
With Rs. 12.19 crore EMD and 10% PBG, financial stamina and marine compliance are key… – E&P Contracting Brief: Part I, 23 Jun 2025
Jun 23, 2025
Five-location ONGC gas treatment tender spans 15.45 LSCMD with full O&M scope8ONGC’s Rajahmundry asset is tendering bundled GDU and DPD services across five installations, demanding 15.45 lakh SCMD of treated gas to meet PNGRB line-quality.
The contractor must deploy, operate, and maintain integrated dehydration-refrigeration systems, with full utility, civil, and flare tie-ins.8Mandapeta alone accounts for 9 LSCMD capacity—over half the total.8Units must deliver output at 50–55 kg/cm²g with hydrocarbon and water dew points not exceeding 0°C—matching PNGRB's stringent line gas specs.
ONGC puts full GGS control in contractor’s hands for 4-year term8The O&M tender for Nandasan GGS under Mehsana Asset marks a shift—complete operational responsibility, including pipeline segments, is outsourced. ONGC retains no supervisory role, making this a high-stakes, contractor-led model.8With a 3% performance guarantee locked for over four years and zero ONGC provisioning for tools or spares, bidders face a heavy upfront financial load.
Only well-capitalized players can sustain the working capital drag.
One-vendor model raises operational risk for high-stakes rig services8OIL has rolled all logging operations—open hole, cased hole, perforation, and real-time interpretation—into a single package.
The absence of sub-pack splits means any service failure could stall entire rig timelines in remote terrain.8Oil India’s latest wireline logging bid for Northeast rigs demands not just tool deployment, but explosives and radioactive source handling too—under tight DGMS and PESO norms.
With a 5% PBG locked for 15 months and no MSME relaxation, only well-funded vendors will qualify.
OIL awards Rs 73 crore contract for cable-less seismic system8Oil India has selected a single vendor for a full-suite seismic acquisition system upgrade, shifting decisively from cabled to cable-less technology.
The inclusion of AMC and extended PBG terms significantly raises lifecycle cost obligations for the vendor.8With this tender, Oil India signals a permanent move away from conventional cabled seismic arrays.
Field-ready wireless systems with full GPS, RTU, and QC integration are now the new baseline in its exploratory arsenal.
Four-way race for Nhava jetty revamp sets up marine EPC showdown8Anantaa Engineering, RKEC, Sandeep Builders, and Vishwa Samudra are in the fray for ONGC’s high-stakes jetty revamp tender.
With Rs. 12.19 crore EMD and 10% PBG, financial stamina and marine compliance are key differentiators.
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