ONGC Launches Vendor Empanelment for Offshore Vessels
OIL & GAS

ONGC Launches Vendor Empanelment for Offshore Vessels

Oil and Natural Gas Corporation Ltd (ONGC) has initiated a vendor empanelment process for hiring offshore vessels, including platform supply vessels (PSV), offshore supply vessels (OSV), and anchor handling tug cum supply (AHTS) vessels. This first-of-its-kind initiative aims to expedite procurement by streamlining tender processes. India’s largest oil and gas explorer has invited applications for empanelment, allowing pre-qualified vendors to participate in limited tenders for vessel chartering. ONGC emphasised the importance of early empanelment to minimise documentation during future tenders, thus reducing processing times. The first phase focuses on PSVs with 3,000 DWT, OSVs with 1,500 DWT, and AHTS vessels with Bollard Pull capacities of 80, 120, and 150 tons. Vendors can apply for one or more categories. Even those without vessels can qualify by meeting the technical Bid Evaluation Criteria (BEC) and offering vessels at the tender stage. During a pre-bid meeting on January 6, ONGC encouraged bidders to pre-qualify all their vessels, even those currently engaged in contracts, to ensure a faster bidding process. Applications must be submitted by January 23, though the empanelment process will remain open year-round. ONGC typically requires 79 offshore vessels for its operations—71 on the west coast and 8 on the east coast. The empanelment process is expected to be completed within 90 days. Eleven entities, including Shipping Corporation of India Ltd, Alphard Logistics Pvt Ltd, Greatship (India) Ltd, and international players like Zakher Marine International (Abu Dhabi) and Wintermar Offshore Marine Group (Indonesia), have shown preliminary interest. The empanelment period will align with the validity of BEC-related documents. ONGC will notify empanelled vendors of any post-empanelment tender condition changes, requiring their acceptance during subsequent limited tenders. Vendors must participate in at least one tender or provide justification for non-participation, subject to ONGC’s approval. This initiative, aimed at expediting vessel chartering, is the first step in ONGC’s broader strategy to apply similar processes for other goods and services in the future. (ET)

Oil and Natural Gas Corporation Ltd (ONGC) has initiated a vendor empanelment process for hiring offshore vessels, including platform supply vessels (PSV), offshore supply vessels (OSV), and anchor handling tug cum supply (AHTS) vessels. This first-of-its-kind initiative aims to expedite procurement by streamlining tender processes. India’s largest oil and gas explorer has invited applications for empanelment, allowing pre-qualified vendors to participate in limited tenders for vessel chartering. ONGC emphasised the importance of early empanelment to minimise documentation during future tenders, thus reducing processing times. The first phase focuses on PSVs with 3,000 DWT, OSVs with 1,500 DWT, and AHTS vessels with Bollard Pull capacities of 80, 120, and 150 tons. Vendors can apply for one or more categories. Even those without vessels can qualify by meeting the technical Bid Evaluation Criteria (BEC) and offering vessels at the tender stage. During a pre-bid meeting on January 6, ONGC encouraged bidders to pre-qualify all their vessels, even those currently engaged in contracts, to ensure a faster bidding process. Applications must be submitted by January 23, though the empanelment process will remain open year-round. ONGC typically requires 79 offshore vessels for its operations—71 on the west coast and 8 on the east coast. The empanelment process is expected to be completed within 90 days. Eleven entities, including Shipping Corporation of India Ltd, Alphard Logistics Pvt Ltd, Greatship (India) Ltd, and international players like Zakher Marine International (Abu Dhabi) and Wintermar Offshore Marine Group (Indonesia), have shown preliminary interest. The empanelment period will align with the validity of BEC-related documents. ONGC will notify empanelled vendors of any post-empanelment tender condition changes, requiring their acceptance during subsequent limited tenders. Vendors must participate in at least one tender or provide justification for non-participation, subject to ONGC’s approval. This initiative, aimed at expediting vessel chartering, is the first step in ONGC’s broader strategy to apply similar processes for other goods and services in the future. (ET)

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi’s ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river’s health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?