News & Bulletin Updates

8It wants to cover a wide spectrum, from materiality and targets to training and monitoring, on a compressed 12-week cadence; success hinges on data access and owning the disclosure mapping early. 

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Three-year civil rate contract targets rig-move readiness across delta blocks for ONGC Rajahmundry workover rigs
8ONGC has opened a two-bid NCB to lock civil enablement for workover rigs in Island and Amalapuram.
8The pack fixes EMD at Rs 9.25 lakh with a 3% PBG while enforcing online-only pricing and second-decimal comparisons.
8Block-wise BOQ spreads push bidders to price real terrain, not averages.
Six-way, L1-anchored civil rate contract hardwires rig-site readiness for 2025–28 in ONGC Mehsana Asset
8ONGC has opened a three-year civil rate contract to keep workover and AHWR moves on schedule across Mehsana.
8EMD scales with the bidder’s opted quantum while L1’s rate anchors multi-vendor allocations.
8TPIA-verified credentials and execution-stage TPI sign-offs tighten both entry and payment gates.
Availability-linked HVAC O&M for six jack-ups goes three-year on GeM, with hard clocks and pro-rata scope in ONGC offshore rigs
8ONGC has taken HVAC O&M for six jack-ups to GeM under a two-packet, total-value service bid.
8The SOW hard-codes 95/99 availability, time-boxed mobilization/repairs, and compressor overhauls while bundling consumables and spares logistics.
8A/B/C equipment grading and pro-rata scope shifts will decide who can credibly hold uptime through rig rotations.
Pickup-clock LD and IS-grade chrome specs tighten rig-component refurbishment in ONGC CWS Vadodara
8ONGC has taken hard chrome plating for rig equipment to GeM with a two-packet, total-value bid.
8The SOW enforces IS-grade thickness and hardness, plus per-job LDs tied to both pickup and delivery clocks.
8Multi-mode securities and a 10-day VIMS payment promise recalibrate cashflow and compliance for local chrome shops.
High-stakes DD/MWD/LWD with consignment bits and strict OEM vintage set the bar in OIL Baghewala directional campaign
8OIL has moved a multi-well horizontal and J-bend package onto GeM with heavy governance and tool-quality gates.
8Mobilization clocks, consignment PDC bits, and OEM vintage/calibration rules tighten the operating envelope in the desert.
8The missing LD math will decide where schedule risk finally lands.

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Sep 02, 2025: E&P Awards

Dhillon Engineering wins well-services maintenance and fabrication job in OIL, WSS yard Duliajan
8OIL has awarded the Duliajan well-services upkeep and SRP fabrication package to Dhillon Engineering at Rs 25.90 lakh.
8The L2 and L3 bids trailed by 32.1% and 88.9%, signalling divergent risk loading in a tightly specified SOW.
8With no EMD but a 3% ePBG locked for 30 months, cash-flow and delivery discipline will decide how this award performs.

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8Only one bidder cleared technical/PQC filters for OIL’s Kakinada shore-base package.
8Two participants were disqualified, underscoring how prescriptive facility and CCU standards shape eligibility.
8The clarifications trail is not on record in the excerpts, leaving open whether any cures were offered.

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8All nine Tier I/II strategy firms participated, but ONGC refused timeline relaxations and experience dilutions.
8Mandatory TPIA verification and hydrocarbon-specific thresholds stayed intact despite multiple requests.
8An unusual amendment strips both the replacement penalty and the safe-harbour, shifting staffing control to a committee gate.

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8Prabha Energy has pushed the bid due date to 08 September 2025, adding 37 days over the original 02 August 2025 schedule.
8The extension intersects a contract architecture that caps standby at 80% and repair at 50% of operating, with strict time cut-outs.
8Acceptance testing and HSE gatekeeping stay firmly in place, tightening the path to mobilisation.

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No-RA, 60-day mobilization and 5% PBG frame a tight coring mandate in OIL Mahanadi exploratory blocks
8OIL has taken conventional coring in the Mahanadi blocks to GeM with a two-packet, total-value bid and no reverse auction.
8The bid locks a 60-day mobilization and a 5% performance security under Integrity Pact scrutiny.
8What is missing are the LD mechanics and acceptance KPIs that will decide where execution risk finally lands.
Six regional electrical bidders circle ILM rig de/build package as ONGC deletes EMD but keeps 5% PBG in MBA basin
8The ILM package knits dismantling, rebuilding and electrical reinstatement across three pads under tighter bid discipline.
8ONGC has removed EMD but retained a 5% performance bond, changing cash dynamics without softening performance recourse.
8The documentation bar is higher than the capital bar — and that could decide who stays in the race.
Strict truck-powered APU spec and contractor-borne costs hold after pre-bid queries for ONGC APU Ankleshwar & WSS Ahmedabad
8Four bidders pushed for modular and “equivalent” options, but ONGC kept the spec welded to API-monogrammed treating iron and on-truck integration.
8Diesel escalation remains off the table for Ahmedabad while tolls and chemical handling stay with vendors.
8With five-year terms confirmed, expect a narrower field and sharper compliance policing at techno-commercial opening.
Bid date extended to 16 September 2025 for multi-asset plunger lift rollout
8ONGC has moved the bid deadline to 16 September 2025, two weeks beyond the published 02 September calendar on GeM.
8The change lands alongside a robust ATC set—option clause maths, QA pre-dispatch, and a clarified OEC/IIAC dispute ladder.
8Expect a wider RA field, but with quality and Make-in-India filters doing the quiet triage.

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8Get the price movement for today

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8A decrease in today's price is witnessed, find out by how much

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8A combination of factors is at work, get the latest price roundup here

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8Delhi market witnessed a downward trend in the price of knitting yarn grade 20/1 combed, according to Indian Petrochem analysts

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8A movement in today's price is witnessed

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8Get a complete synopsis and price comparison trends of Phosphorus in China

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8The Indian Trichloroethylene (TCE) market has witnessed a firming trend this week, driven by stronger buying interest from the metal cleaning, adhesives, and chemical processing sectors

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8By how much the price have move, find out

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8IOCL has announced a price revision effective September 1, 2025

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