Bulletin Updates

E&P contracting brief: Part I – 18 Aug 2025

Aug 18, 2025

ONGC’s KG basin civil works tender puts bidders on edge — “Below by default” clause, e-BG mandate, and water supply penalties tighten risk screws8ONGC’s civil works package for Krishna & West Godavari rigs hard-codes stricter compliance: ambiguous bids default to “below,” e-BGs replace traditional guarantees, and water supply failures draw heavy penalties — reshaping contractor margins and risk profiles.ONGC MBA basin waives EMD in rig work tender, shifts risk to performance bonds8ONGC’s latest limited tender for rig dismantling and building in MBA Basin deletes bid bond requirements, while demanding stricter GST, insurance, and digital compliance.

Contractors get liquidity relief, but heavier risk-bearing obligations.Oil India mahanadi mud logging tender: Find out more8OIL has stripped entry relaxations, raised performance guarantees, and tightened mobilisation norms for its Odisha drilling support contract — shifting risk and cost squarely onto contractors.OIL’s assam-arunachal rig hire tender: Get more details8Oil India’s latest 1000 HP rig hire package sets a steep entry bar: no MSME/startup relaxations, Rs 2.63 crore EMD, and 51-month PBG.

While integrity compliance hardens, new flexibility in PBG modes offers marginal relief. Expect a narrowed bidder field, with only deep-pocketed drilling contractors competing.Sadanand wins ONGC uran dyke wall civil package at Rs 23 Crore — 11% below L28ONGC secures near Rs.2.5 crore saving as L1 undercuts peers, but execution at Uran’s critical tank farms could test contractor margins and timelines.

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