Bulletin Updates
E&P contracting brief: Part I – 26 Sep 2025
Sep 26, 2025
1) Shortest-route enforcement and 10-day payments define three-year crude road logistics hire in ONGC Assam Asset8ONGC has launched a three-year hire of seven crude tankers with price discovery tied to a fixed days-and-kilometres formula.
The shortest-route rule and random capacity checks will test operational discipline even as payments are promised within 10 days.
The split-award design and a minimum two-tanker bar could reshape who competes, and at what price points.
2) IUVL sets 45-day completion and EMD waiver for CB-ONN civil package under single-award, no-RA format in CB-ONN-2005/9 & 2005/38IUVL wants a 45-day civil turnaround at CB-ONN, but has removed EMD while keeping a 10% security deposit after award.
Reverse auction is off the table, and L1 will be judged on total price including GST.
The catch lies in tight PQC verification and a tie-break matrix that can flip outcomes at the last step.
3) OIL India awards PS6 OFC/telecom maintenance as L1 at Rs 61.43 lakh8The two-way contest closed with a clean L1 at Rs 61.43 lakh.
A 13.2% gap to L2 hints at disciplined, first-shot pricing under a no-RA format.
The real story is the penalty-heavy attendance regime and a duration anomaly that contractors will want clarified.
4) MMPL Private Limited wins integrated coring and non-core package for CBM Asset Bokaro as L18A three-way contest in ONGC’s Bokaro CBM package has closed with MMPL Private Limited as L1.
The buyer widened experience criteria to include Coal while keeping coring responsibility non-subcontractable.
The winning strategy likely mixed in-house coring depth with partnered logging/IFT and disciplined first-shot pricing.
5) Three majors clear the technical gate for directional/MWD package in OIL Mahanadi Basin directional drilling8They have all qualified on OIL’s two-packet directional drilling bid.
The SOW’s hard lines on calibration, MTBF, and backup penalties now shape the real contest.
What the buyer says on staffing buffers and option-clause execution will decide who prices uptime most credibly.
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