Bulletin Updates

Sick oil revival: Closing date extended  – 17 Dec 2025

Dec 17, 2025

ONGC’s Ahmedabad asset sick-well revival tender has been pushed out by nearly a month, but the commercial spine stays intact.

The same package has also quietly reshaped its Group II inventory, shifting bidder economics before a single price is opened.

The real story is whether this is participation management or a risk-control move in a revenue-share revival contract where monitoring expectations are unusually intrusive.

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