Bulletin Updates

Geoservices wins an offshore tender: Undercuts L2 by 9.9%; 144% Spread Seen with L4 – 21 Jul 2025

Jul 21, 2025

ONGC has awarded a high-value pre-engineering survey contract to Geoservices Maritime at Rs. 31.29 crore.

With a nearly 145% spread between L1 and L4, the bid outcome signals pricing volatility and potential margin pressure for future tenders.

The full story is for subscribers. Log in to read it, or start a free trial.
Log in Start a free trial »