ONGC Makes Second Attempt to Pick Operation and Maintenance Contractor
OIL & GAS

ONGC Makes Second Attempt to Pick Operation and Maintenance Contractor

State-run Oil and Natural Gas Corporation Ltd (ONGC) has called bids, the second in the last one month, from private entities for operation and maintenance (O&M) of its offshore vessels named ‘Samudra Sevak’ and ‘Samudra Prabha’. Bidders can submit offers for either of the two vessels or both the vessels for the one-year contract by 02 January, according to the tender documents.

The successful bidder has to mobilise duly approved marine and diving crew fully conforming to scope of work and special conditions of contract with necessary clearances (Port, Customs, Directorate General of Shipping, Ministry of Home Affairs, etc) and commence work within 30 days (including 10 days for hand over, take over) from the date of notification of award (NOA) or on expiry of the ongoing O&M contract, whichever is later.

The ongoing contracts of ‘Samudra Sevak’ and ‘Samudra Prabha’ will end on 20 March and 29 April 2025, respectively. ‘Samudra Sevak’ is a multipurpose supply vessel while ‘Samudra Prabha’ is a diving support vessel and is used to support ONGC’s oil and gas drilling operations off India’s coast. ‘Samudra Sevak’ and ‘Samudra Prabha’ can operate till 24 February 2026, per the age/qualitative norms introduced by the D G Shipping in 2023. According to the 24 February 2023 order of D G Shipping, 'existing vessels' regardless of its age, affected by the maximum age prescribed, were allowed to operate up to three years from the date of issue of the order. If no extension is granted by D G Shipping on complying with the order, ONGC at its discretion, shall conclude the contract on 24 February 2026 ahead of the completion of the one-year contract without any additional cost or time implication to ONGC, the state-run oil and gas explorer wrote in the tender documents.

Meanwhile, the D G Shipping has mandated the IIM-Indore to undertake an in-depth, comprehensive study on the ‘Age Norms and Other Qualitative Parameters’ for ships it introduced in 2023 which drew flak from the industry.The age norms were designed to encourage a younger fleet to improve safety, meet global rules on ship emissions and protect the marine environment from pollution during mishaps.

However, following a pushback from the industry, the D G Shipping has decided to undertake a sweeping review of its order with a holistic approach, encompassing the entire maritime sector.

IIM-Indore has been mandated to conduct a thorough policy analysis and the submissions made by industry stakeholders, evaluate the impact and implications of the age norms order, write a detailed report outlining the findings of the study, recommend policy measures along with a strategic plan for implementing the recommendations.

State-run Oil and Natural Gas Corporation Ltd (ONGC) has called bids, the second in the last one month, from private entities for operation and maintenance (O&M) of its offshore vessels named ‘Samudra Sevak’ and ‘Samudra Prabha’. Bidders can submit offers for either of the two vessels or both the vessels for the one-year contract by 02 January, according to the tender documents. The successful bidder has to mobilise duly approved marine and diving crew fully conforming to scope of work and special conditions of contract with necessary clearances (Port, Customs, Directorate General of Shipping, Ministry of Home Affairs, etc) and commence work within 30 days (including 10 days for hand over, take over) from the date of notification of award (NOA) or on expiry of the ongoing O&M contract, whichever is later. The ongoing contracts of ‘Samudra Sevak’ and ‘Samudra Prabha’ will end on 20 March and 29 April 2025, respectively. ‘Samudra Sevak’ is a multipurpose supply vessel while ‘Samudra Prabha’ is a diving support vessel and is used to support ONGC’s oil and gas drilling operations off India’s coast. ‘Samudra Sevak’ and ‘Samudra Prabha’ can operate till 24 February 2026, per the age/qualitative norms introduced by the D G Shipping in 2023. According to the 24 February 2023 order of D G Shipping, 'existing vessels' regardless of its age, affected by the maximum age prescribed, were allowed to operate up to three years from the date of issue of the order. If no extension is granted by D G Shipping on complying with the order, ONGC at its discretion, shall conclude the contract on 24 February 2026 ahead of the completion of the one-year contract without any additional cost or time implication to ONGC, the state-run oil and gas explorer wrote in the tender documents. Meanwhile, the D G Shipping has mandated the IIM-Indore to undertake an in-depth, comprehensive study on the ‘Age Norms and Other Qualitative Parameters’ for ships it introduced in 2023 which drew flak from the industry.The age norms were designed to encourage a younger fleet to improve safety, meet global rules on ship emissions and protect the marine environment from pollution during mishaps. However, following a pushback from the industry, the D G Shipping has decided to undertake a sweeping review of its order with a holistic approach, encompassing the entire maritime sector. IIM-Indore has been mandated to conduct a thorough policy analysis and the submissions made by industry stakeholders, evaluate the impact and implications of the age norms order, write a detailed report outlining the findings of the study, recommend policy measures along with a strategic plan for implementing the recommendations.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement