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Oil India’s award to Jindal Drilling reflects a blend of aggressive pricing and revised tech specs.
8With bidder-borne logistics, real-time data demands, and WITSML enforcement, margins could be tested.

Margins under pressure under rising gas prices, and massive capex commitments:
8The JV navigates a tightrope between growth ambitions and fiscal prudence.
8Is it heading towards stability or volatility?

8India’s natural gas dreams hang by a thread, warns the regulatory

Pre-bid rigidity triggers bidder caution in utility supply tender; delivery, specs left unresolved
8In a tightly held tender, Balaji, Maruti, and S K Enterprise face procedural ambiguity and strict commercial terms.
8Rejected pleas for schedule relief, site access, and payment restructuring hint at cashflow and compliance friction.
Drilling fluids & chemicals: Three amendments in two weeks
8In its latest SOW revision, ONGC formalizes a 44-phase drilling plan in the Tapti–Daman block while retaining full rights to reassign fluid formulations.
8Contractors face supply-side uncertainty with no escalation buffer.
OIL rewrites email security tender: Mobilization eased, encryption dropped, Microsoft sidelined
8In a sweeping first corrigendum, Oil India extends mobilization time, deletes mandatory encryption, and mandates a non-Microsoft security overlay for its O365 platform.
8Third-party document vetting and parent-subsidiary guarantees signal tightening bid scrutiny.
OIL tightens AMC compliance: Snubbing unit bidders bound to full GCC scope
8Oil India’s latest amendment makes Annual Maintenance Contract binding under full General Conditions of Contract.
8The shift elevates contractor liability, triggering risk rebalancing on cost, cashflow, and compliance fronts.
OIL pushes cementing tender deadline by 24 days amid compliance crunch
8Oil India has extended its Bhubaneswar-based cementing service bid deadline to 24 July 2025.
8The move suggests bidders were struggling with complex technical documentation, raising flags on field-readiness and compliance risk.

Sole Bidder for CBG Project Consultants: Scope filtered out participants
8GAIL's ambitious CBG project pipeline sees a tepid response with only one qualified bidder despite broad eligibility. Is it the scope or the structure that filtered out competition?
Avant-Garde Wins PMC Contract for Ludhiana CBG Plant as Mecon, Oedec Disqualified on Technical Grounds
8Despite competition from major PSUs like Mecon, only Avant-Garde cleared technical hurdles to bag the PMC contract for HPCL’s Ludhiana CBG project, raising questions on bid qualification thresholds in emerging energy sectors.
Avant-Garde Bags PMC Mandate for Eluru CBG Plant at 14% Discount Amidst Tough Disqualifications
8HPCL Renewable & Green Energy Ltd awarded the PMC contract to Avant-Garde Systems, bypassing two disqualified contenders. The price gap and aggressive bids signal tight margins and elevated qualification barriers for future bio-CBG consultancies.

Seven bidders vie for IGGL’s section-11 survey contract amid compressed 4-Month execution window
8With a tight 4-month timeline, IGGL’s NH-717A route survey tender sees active interest from seven technical consultants. The tender stresses compliance, precise routing, and stakeholder alignment across high-traffic zones of the NEGG corridor, hinting at future pipeline construction complexities.
Six firms compete for CS & SS column package at PLL’s PDH-PP Complex
8EIL opens technical bids for a critical column supply contract at Petronet LNG’s Dahej petrochemical project. The package sees intense competition across six bidders, balancing experience in heavy-fabrication with niche process capabilities.
IOCL's M&A Consultancy Empanelment Draws Big Four, Sets Rigorous Bar on Deal Value and Expertise
8Indian Oil's ambitious empanelment for M&A advisory has attracted six top-tier bidders including Deloitte, EY, PwC, and KPMG. With INR 1000+ Cr deal criteria and valuation rigor, the technical overhaul and bid extensions suggest a high-stakes, high-complexity selection.
35 Bidders crowd BCPL’s Pressure Vessel race
8EIL’s no-EMD, item-wise L1 format triggers supplier swarm; quality oversight may take a backseat amid pricing frenzy.
GAIL’s Floating Solar Consultancy Tender Sees Major BEC Revision, Attracts 8 Bidders
8GAIL’s ambitious push for floating solar projects gets a structural overhaul in qualification norms, expanding bidder eligibility. The tweak in technical criteria opens the door for smaller firms while maintaining focus on bathymetric capability.
Two-Horse Race Emerges in Dahej Cooling Tower Tender Amid Scope Tightening and Repeated Extensions
8Only Hamon and Paharpur Cooling step forward as EIL extends bid deadline twice for PLL’s critical PDH project. O&M clauses, scope clarifications, and tight control over fabrication logistics thin the competition.
Prime Engineers Undercuts Rivals by 6.6% to Clinch NRL MS Block Electrical Works
8In a tightly contested electrical package under the NRL expansion, Prime Engineers secured L1 status with an aggressive bid, beating Laxmi Engineering by over 6.6%.

8Cambay PSC gears up for critical July workover after weather delays.
8Desi company in strategic exploration investment in Australia.
8This vendor bags Rs 39.2 crore ONGC contract for offshore platform repairs.
8ONGC extends SEAMEC II vessel charter hire till February 2026.

8Find out what really happened

8Despite the strategic vision of NRL’s upcoming 360 KTPA Polypropylene plant, only one bidder—M/s Prabesh Barman—has responded to its EOI for setting up plastic processing industries in NE India.
8With the EOI extended twice and limited participation, questions arise on investor appetite, feasibility, and regional readiness.

ONGC outsources O&M for own rigs but loads contractors with safety penalties and strict compliance filter
8In a 3-year contract for its 1000 HP workover rigs, ONGC retains asset control but shifts full operational burden to service providers.
8With a steep 7.5% PBG, biometric crew tracking, and strict HSE-linked penalties, bidder appetite will hinge on wage margin comfort and flexibility gaps.
GSPC’s scrapping tender loads call-out rig contractors with full cost, zero fallback — novation to GGL adds legal tail
8In its latest Rs. multi-crore call-out tender, GSPC outsources oil well scrapping across Gujarat with strict SOPs, no standby clauses, and full manpower, fuel, and safety costs borne by the contractor — while future execution shifts to Gujarat Gas Ltd under an active amalgamation scheme.
Cairn seeks digital-first warehouse overhaul across 4 states; bidders face tight entry bar, SAP-RFID lock-in
8Cairn Oil & Gas has launched a sweeping EOI to unify and digitize its warehouse operations across Rajasthan, Gujarat, AP, and Assam.
8With mandatory SAP and proprietary platform integration, 0.5M+ sqm experience threshold, and liquidity ratio filters, only top-tier logistics integrators may qualify.
8Consortiums allowed, but only under rigorous structure and disclosure rules.
ONGC hardens HDPE pipe inspection regime: No joints, high specs, zero buffers
8ONGC’s latest HDPE pipeline tender for Raipur-based supply enforces anti-rodent PE100 pipes with no-joint mandates, tightly scheduled fusion welding, and exhaustive third-party tests.
8With no buffer windows and compliance heat loaded onto suppliers, this contract marks a shift in how ONGC is approaching E&P pipeline reliability.
ONGC bundles Uran fabrication into 3-year post-paid pact; contractors face cost squeeze, shift fatigue
8ONGC’s Uran plant has rolled out a bundled fabrication tender with no mobilisation advance, a 3-year timeline, and zero payment flexibility.
8Combining structural, piping, and shutdown work into a single post-paid job, the contract places high uncertainty, compliance, and readiness burden on contractors—without addressing cost escalation or idle time compensation.

8Here's what's happening today in the E&P, midstream-downstream, and CGD section

8Policy and economic report on oil and gas market June 2025 [FIPI]
8Support required to meeting natural gas objectives of GOI [PNGRB]
8Intimation of ESG rating of the company [GES]
8Business responsibility and sustainability report [Welspun]
8Annual report 2024-25 [Welspun]
8OIL and GAIL sign 15-year agreement for supply of up to 900,000 SCMD natural gas from Rajasthan fields [OIL]
8GAIL signs 15-year gas sale and purchase agreement with Oil India Limited [OIL]
8NCLT Mumbai sanctions scheme of amalgamation of Unison Enviro with Mahanagar Gas Limited [MGL]