Bulletin Updates
QCBS-EDR rig tender hardens liquidity and schedule discipline in ONGC charter hiring of 4 jack-ups. – 30 Oct 2025
Oct 30, 2025
ONGC’s four-rig charter sets a rigid EDR calculus with capped downtime tariffs and a diesel-indexed fuel component.
Bidder liquidity is tested by tiered EMDs and explicit monthly recovery for delayed PBG, on a 180-day mobilization leash.
QCBS score-matching keeps technical weight while forcing uniform rate trims across ODR-linked elements.
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