Bulletin Updates

Single bidder wins Mahanadi 1400 HP rig charter – 3 Sep 2025

Sep 03, 2025

A three-way contest for OIL’s Mahanadi land-rig hire closed with an unexpectedly wide spread.

Amendments that broadened BOP OEM/connection options may have kept competition alive without diluting 10k psi integrity.

The winning price now tests whether aggressive mobilisation and well-control readiness can be delivered within the bid economics.

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