Bulletin Updates

Empanelment sets a pre-qualified bench for offshore jack-ups, with hard uptime and mobilisation guardrails  – 2 Sep 2025

Sep 02, 2025

ONGC has opened a single-bid, year-round empanelment for jack-up rigs while reserving price/QCBS for limited tenders.

The framework leans on strict TPI/class acceptance, a 180-day mobilisation clock, and zero-rate zones after breakdown allowances.

STCC-published tug recovery formulas and contractor-borne pandemic/PPE costs narrow dispute vectors but push readiness risk to bidders.

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