While coverage and qualification rules were relaxed, major execution risks remain.ONGC… – E&P Contracting Brief: Part II, 22 Jul 2025

Heatless air dryer contract sees 30% gap between L1 and L3 bids8The wide upper-end spread may reflect divergent risk assessments for offshore service delivery.Two bidders qualify for ONGC Bhuban Mitra drilling environment tender, but pre-bid clarifications tighten execution risks8Two bidders have cleared ONGC’s technical bar for Bhuban Mitra drilling waste management, but rigid logistics terms and locked-in pricing for future sets may raise commercial risk in this 4-year package.Only two bidders qualify as OIL rejects OEM, manpower, and cost flexibilities in hot tapping tender8OIL India’s hot tapping contract for live 600-class pipelines in Assam and West Bengal saw three bidders disqualified after clarifications. Strict OEM controls, rigid staffing norms, and refusal of price escalation signal high execution risks for the two qualified players.Bidders flag timing, explosives, and cashflow risks in OIL’s Cambay seismic tender, but OIL holds firm8Seismic service majors raised concerns over monsoon timing, explosive handling liabilities, and mobilization payments in OIL’s Cambay Basin tender.

While coverage and qualification rules were relaxed, major execution risks remain.ONGC extends third-party inspection empanelment bid deadline; offshore scope, manpower filters remain intact8ONGC has pushed the bid submission date for its onshore and offshore TPIA empanelment to July 30, 2025.

While bidders gain extra time for documentation, stringent marine inspection qualifications and vendor filters remain unchanged, keeping competition tight.