Bulletin Updates

E&P contracting brief: Part I – 8 Oct 2025

Oct 08, 2025

1) Four-position UT and guided-wave push ONGC’s RMD GCS integrity survey into high-coverage, on-stream territory in Cauvery Asset.8ONGC has framed an unusually prescriptive UT survey that hardwires four-position readings and guided-wave for the tough spots.

The contractor must also own insulation, scaffolding and epoxy restoration, turning it into a turn-key integrity lot.

With a limited GeM bid and no EMD/ePBG, competition narrows to capability, not balance-sheet muscle.

2) Latest-version, 14-day install and inversion-ready petrophysics stack sought for Bhaskar-I8SunPetro has framed a petrophysics-first software buy that forces integrated, multi-well evaluation on the latest versions only.

Cash securities are standard, but commercial levers like split awards and change orders sit firmly with the buyer.

The deployment clock starts ticking fast with a 14-day install-and-train mandate.

3) Cairn pre-screens OCTG suppliers with liquidity floor and proportional consortium bonding for Barmer wells8The EOI sets a high bar on finances, HSE history and operator-grade references before any OCTG volumes are tendered.

A proportional consortium rule ties financial tests and future PBG slices to actual workshare.

That combination could narrow the pool to mills and integrators with real skin in the game.

4) 20 bidders: Thirty percent clear the technical gate for ONGC Assam Asset’s HAZOP/QRA lot8Six of twenty bidders made the technical cut, leaving a compact field for pricing.

The SOW anchors PHAST/SAFETI and worksheet-driven HAZOP, with a 180-day delivery clock.

With pre-bid interactions closed off, documentation rigour became the decisive filter.

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