Prabha Energy is an operator of a CBM block
8And the toughest challenge it faces is not about acquisition of equipment and material but it is altogether something else

EIL misses this consultancy tender by a whopping 200%
8The L-1 was for a MECON’s EPCM Undercut Stuns BPCL Tender as EIL Misses by 194%
8L1 bid of Rs19.36 crore—staggeringly lower than EIL’s Rs 56.95 crore suggests either a lean delivery model or aggressive risk-taking by the engineering major’s competitor.
Strategic undercut or misread risk?
8EIL’s 64% lower bid raises eyebrows on whether the scope was heavily optimized—or Technip priced in latent risks around licensor coordination and statutory delays.

This bidder was disqualified Despite Lease Flexibility in OIL India’s Rig Tender
8Victory Oil & Gas Services failed to qualify even after OIL India relaxed rig ownership norms.
8The rejection underscores a gap between amended policy intent and stringent documentation execution.
ONGC rig charter tender tightens crew control, ups lifecycle compliance costs
8ONGC has ruled out crew subcontracting and raised the compliance bar in its latest multi-year rig charter. Drill pipe specs are upgraded, and recurring NDT is now mandatory.
8The moves shift lifecycle and safety risks squarely onto the contractor, limiting bidder flexibility.

By retaining the "developing implications" tag, ICRA signals that Vedanta's future rating path remains deeply uncertain.
8For the first time, ICRA names brand-fee payments and related party dealings as factors under active watch.

8Find out what is going on with the company

8Find out how the E&P major has been accused of messing up the environment.
And made to pay for it

8Reliance quietly sets stage for fresh deepwater drilling campaign; production bump expected by FY29

8Find out what is going on

8Find out how it intends to pull this rabit from out of the hat?

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

8Project Name: Sundargarh and Jharsuguda District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

8Project Name: Ernakulam District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details

8It wants a major job done but insists only public sector companies can participate

8A silent shift in key timelines of PNGRB’s high-stakes gap analysis tender raises questions about procedural clarity. No official corrigendum issued yet for calendar changes impacting bidder planning.

ONGC floats zero EMD relay calibration tender with tight post-bid compliance
8ONGC’s latest relay calibration tender for its Jodhpur asset removes the entry barrier of EMD but enforces strict pre-submission compliance.
8The contract, covering three years of relay calibration at E-760-13, offers vendor-friendly cash terms but tight procedural expectations.
Cost pressures and execution risks loom large as ONGC floats LSTK fire protection overhaul in Ahmedabad asset
8ONGC has launched a high-stakes LSTK tender for revamping fire systems across 18 installations under stringent timelines and comprehensive civil work obligations.
8While the scope reflects rising safety compliance, it could also deter smaller players due to engineering depth and liquidity exposure.
TPI tender for chemical QC: ONGC drops EMD, tightens compliance in centralized push
8ONGC's tender for third-party inspection of limestone and MCC batches enforces stringent bonding and sampling compliance while waiving off EMD.
8With digitized submission, centralized payment via Noida, and strict SOPs for testing and sealing, it aims to raise the bar on chemical QC without raising bid barriers.
8But absence of resolution clauses and undefined turnaround time at labs may leave TPI vendors navigating grey zones post-sampling.
Long-term nitrogen pumping services across three assets: tight conditions
8ONGC has launched a five-year, high-value custom bid via GeM for Nitrogen Pumping Services across its Jorhat, Assam, and Ankleshwar assets.
8Despite long-term visibility, bidders must navigate tight qualification clauses, no startup/MSME exemptions, and limited flexibility in bid terms.
ONGC eyes turnkey catering & housekeeping overhaul in Western Offshore, vendors must deliver DP2-enabled logistics and end-to-end hygiene ops
8ONGC has floated an ambitious EOI inviting global and domestic service providers for an integrated catering, housekeeping, and logistics contract across its Western Offshore installations.
8The scope spans 15 platforms, 10 vessels, and up to 150 mobile units, with DP2-class vessel requirements and stringent offshore compliance—all bundled under a yet-to-be-issued ICB tender.

8This is going to the third one
8And it has new eyebrow raising standards that may set the trend for future projects
8Find out more

8The refiner decided to go for a public sector consultant

8Find out what the conditions are

8But will they take the bait?

Compensation linked to productivity
8Know more about the model
8And what kind of problems is it likely to face

8Linking everything to productivity gains is going to be the norm now?
Find out what is going on

8Linking everything to productivity gains is going to be the norm now?
Find out what is going on

8Despite the licensor’s insistence, major changes had to be done
8Loose languaging also causes problems
8Find out more

8ONGC has awarded a high-value pre-engineering survey contract to Geoservices Maritime at Rs. 31.29 crore.
8With a nearly 145% spread between L1 and L4, the bid outcome signals pricing volatility and potential margin pressure for future tenders.

BPCL’s Bina Clad Vessel Tender Sets Bar High: Only Proven Players Need Apply
8EIL’s pre-tender call for Alloy 600-clad vessels under the BPCL Bina expansion flags high material and fabrication complexity. With single-piece dispatch and tight 13-month delivery, the scope sets up an elite race among qualified fabricators. No mention of ASME or equivalent fabrication stamps — surprising for such a specialized scope.
ONGC Hazira Revamp Puts Shutdown Experience at Forefront; EIL Mandates Revamp Credentials Beyond Mechanical Scope
8In a move signaling risk aversion, EIL’s BQC for ONGC’s Hazira revamp explicitly mandates past shutdown or revamp work. Scope mentions hot tapping, live-line tie-ins, and bypasses but no risk-sharing mechanism yet defined. Bidders may raise red flags in PTM. If you have done composite jobs with tanks or pipeline laying, then only mechanical components count, and this is a deliberate narrowing that filters out over-represented scope claims.
Konkan LNG Floats EPCM Tender for Fire Water Overhaul; QCBS Route Signals Bidder Scrutiny Surge
8Konkan LNG’s latest EPCM tender for fire water system upgradation pivots on a QCBS route, demanding robust technical depth and payroll strength. Key clauses hint at risk transference and tighter document authenticity norms—raising entry barriers for fringe consultancies.
Petronet LNG’s Dahej Bagging Tender: EIL Holds Ground on Specs as Vendors Seek Flexibility
8EIL has largely stuck to standard clauses while addressing bidder concerns on instrumentation definitions, power scope demarcation, and FAT realism. However, recurring queries on packaging integration, PLC redundancy, and product testing hint at deeper vendor pushback on operational practicality.
EIL Extends DCU Revamp E&I Tender for NRL Again as Vendor Clarifications Lag
8Bid timeline pushed to July 28 amid unresolved queries on vendor makes and scope exclusions. While MSMEs gain relief on EMD terms, key component approvals remain post-award, increasing post-bid uncertainty.