Bulletin Updates
This shifts cost risk to the contractor, making estimation accuracy and resource bundling a… – E&P Contracting Brief: Part I, 24 Jun 2025
Jun 24, 2025
Oil India floats rare HF tender for Andaman offshore under call-out model8OIL has issued a first-of-its-kind modular stimulation tender for hydraulic fracturing, acid treatment, and coil tubing operations in the Andaman basin.
The 9-month call-out format marks a strategic departure from long-duration bundled contracts seen in more mature blocks.
Mobilisation is split across design, fleet movement, and CTU/FPU activation with staggered 10/30/60/80-day windows from LOA and Mobilisation Notice.
Any delay in one phase risks cascading penalties, heightening planning precision for contractors.
Instead of job-wise billing, the scope uses a lumpsum contract value tied to performance across 3 wells.
This shifts cost risk to the contractor, making estimation accuracy and resource bundling a key competitive edge.IDMA Labs edges out global majors in ONGC’s lab monitoring bid8A low-profile MSME firm has clinched a 3-year environment monitoring contract at ONGC’s Odalarevu terminal with a bid 28% below estimate—beating Bureau Veritas and ABC Techno Labs in a striking price upset.Techno Fab secures ONGC’s Kakinada bulk plant contract with sub-Rs 90 lakh bid8Techno Fab clinched the 3-year O&M contract for ONGC’s bulk handling facility at Rs 88.27 lakh, edging out logistics players with a sharply priced bid.
The award reflects ONGC’s growing preference for cost-efficient, technically pre-qualified vendors under closed-bid formats.
With L1 and L3 separated by over Rs 17 lakh, the award highlights the widening gap between cost-optimized MSMEs and traditional logistics vendors in ONGC’s upstream operations segment.Top-tier OEMs and lean MSMEs face off in ONGC’s Mehsana instrumentation bid8From global automation major Endress+Hauser to regional outfits like Dutt Engicon, ONGC’s Mehsana tender attracted a wide bidder base.
Five cleared the technical cut, reflecting a balance between OEM-backed scale and MSME agility.
Despite robust participation, four firms failed to meet ONGC’s tight qualification bar—highlighting stringent scrutiny even for low-to-medium complexity service contracts.Jindal Drilling emerges sole qualified bidder in OIL’s Rajasthan mud logging bid8Out of two participants, only Jindal Drilling met the technical criteria for the three-year dual-unit logging contract.
The disqualification of OFI India points to OIL’s strict compliance filter under the updated GEM tendering framework.
Oil Field Instrumentation India Pvt Ltd’s failure to qualify in a two-bidder race highlights the tender’s tight eligibility filters and possible documentation pitfalls.High-spec rig tender scrapped after rigid terms draw limited traction8ONGC has cancelled its 3-year HPHT jack-up rig tender despite early interest, with bidders deterred by inflexible specs like 7500 HP minimum power and NEBOSH-only safety certs—raising questions on feasibility in today’s cost environment.
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