Bulletin Updates

Knife-edge L1, steep tail mark ONGC Assam winch award – 16 Sep 2025

Sep 16, 2025

A narrow 1.1% gap separated L1 and L2 in ONGC Assam’s scraping winch hire.

Beyond that, bids rose sharply, with a 46.6% premium at the tail.

The curve hints at hard assumptions on rope burn, penalties, and redeployment readiness that only a few bidders are willing to underwrite.

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