Bulletin Updates
Victory Oil & Gas Services failed to qualify even after OIL India relaxed rig ownership norms. – Rig Contracting Briefs, 21 Jul 2025
Jul 21, 2025
This bidder was disqualified Despite Lease Flexibility in OIL India’s Rig Tender
Victory Oil & Gas Services failed to qualify even after OIL India relaxed rig ownership norms.
The rejection underscores a gap between amended policy intent and stringent documentation execution.
ONGC rig charter tender tightens crew control, ups lifecycle compliance costs
ONGC has ruled out crew subcontracting and raised the compliance bar in its latest multi-year rig charter. Drill pipe specs are upgraded, and recurring NDT is now mandatory.
The moves shift lifecycle and safety risks squarely onto the contractor, limiting bidder flexibility.
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