Bulletin Updates

E&P contracting brief: Part II – 4 Nov 2025

Nov 04, 2025

1) OIL resets pre-bid calendar and hard-codes RTGS/FDR security options in HPWBM tender corrigendum8A tight pre-bid window now frames a four-year HPWBM campaign over ~40 wells.

Liquidity-friendly security options arrive alongside a firm ±25% option clause.

The engineering bar stays high, so clarifications will decide how confidently bidders price risk.

2) OIL pushes Baghewala upper-carbonate heavy-oil consultancy bid to 17 November 2025, QCBS and securities unchanged8A 42-day extension buys time for deeper thermal EOR modelling and consortium builds.

The governance spine — QCBS 80:20, integrity pact, and ePBG — stays firm.

The pilot’s physics do not get easier, but better-prepared bids can.

3) OIL shifts Dandewala 0.5 MMSCMD GSU EPC closing to 26 November 2025; terms and securities unchanged8A second calendar move nudges the CO? removal EPC to a late-November close.

The governance spine — EMD, split performance securities and integrity pact — remains intact.

The prize is fewer non-responsive bids and a cleaner PGTR path.

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