ONGC Four Jack-Up Rig Tender
Sector: Oil and Gas • Location: Mumbai, India
Source: Upstream Online
India's state-controlled Oil and Natural Gas Corporation (ONGC) cancelled a tender for chartering four specialised offshore jack-up rigs on five-year terms due to an unusually steep rise in dayrates, which increased approximately 60% within nine months. The cancellation was driven by concerns over pricing reasonableness, competitive integrity, and potential collusive practices among bidders.
Project Information FAQ
Project Information
Want to explore the full details? View the full report
Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | cancelled |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | India's state-controlled Oil and Natural Gas Corporation (ONGC) cancelled a tender for chartering four specialised offshore jack-up rigs on five-year terms due to an unusually steep rise in dayrates, which increased approximately 60% within nine months. The cancellation was driven by concerns over pricing reasonableness, competitive integrity, and potential collusive practices among bidders. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
