ONGC Floats First Tender For Boosting Mature Fields’ Output Under PEC Contracts


ONGC Floats First Tender For Boosting Mature Fields’ Output Under PEC Contracts

Oil and Natural Gas Corporation Ltd (ONGC), India’s state-run petroleum explorer, has invited a global tender for undertaking work to boost production from mature fields under Production Enhancement Contracts (PEC).

The PEC contracts, first such pacts for ONGC, will be signed for production work in Geleki field in Assam and Kalol field in Gujarat, two ONGC executives told ETEnergyWorld.

The company had, in a Notice Inviting Tender issued in January, said Schlumberger Asia Services Ltd, Halliburton Offshore services and Baker Hughes Singapore PTE Ltd have been pre-qualified as they met the Pre-Qualification Criteria (PQC). The notice also states the tender enquiry can also be issued to firms who request ONGC for issuance of tender enquiry and who meet the pre-qualification criteria. Read More…

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