HomeLatestONGC Invites Bids for Offshore Vessel Operations and Maintenance Services

ONGC Invites Bids for Offshore Vessel Operations and Maintenance Services

Oil and Natural Gas Corporation Ltd (ONGC), a state-run oil and gas giant, has issued a tender calling for bids from private entities for the operation and maintenance (O&M) of two of its offshore vessels: ‘Samudra Sevak’ and ‘Samudra Prabha’. The contract, which will last one year, is open for bids from companies interested in managing either or both vessels, with the last date for bid submission set for December 16, 2024.

The successful bidder will be required to mobilize a qualified marine and diving crew to meet the scope of work and special contract conditions. The contractor must secure the necessary clearances from various authorities, including Port, Customs, D.G. Shipping, and the Ministry of Home Affairs, and begin work within 30 days from the date of notification of award (NOA) or upon the expiry of the current O&M contracts for both vessels. The handover process will take up to 10 days, and work must commence without delay after that period. Currently, the O&M contracts for ‘Samudra Sevak’ and ‘Samudra Prabha’ are due to end on March 20 and April 29, 2025, respectively. ‘Samudra Sevak’ is a multipurpose supply vessel, while ‘Samudra Prabha’ serves as a diving support vessel. Both vessels play a crucial role in supporting ONGC’s offshore oil and gas drilling operations.

The vessels, which were initially subject to age-related restrictions, have been granted an operational extension until February 24, 2026, following a directive from the Directorate General of Shipping (D.G. Shipping) in 2023. According to the ruling, existing vessels, regardless of their age, may operate for up to three years beyond the prescribed maximum age limit, provided they comply with safety and operational standards. If the D.G. Shipping does not grant an additional extension, ONGC reserves the right to conclude the contract on February 24, 2026, without incurring any additional costs or time delays for the company. This move by ONGC is part of the ongoing efforts to ensure efficient operation of its offshore assets while complying with regulatory guidelines.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Navi Mumbai Housing Demand Rises On Infrastructure Push

Navi Mumbai Housing Demand Rises On Infrastructure Push

0
Navi Mumbai is steadily transitioning from a planned satellite township into one of the Mumbai Metropolitan Region’s most structurally resilient housing markets, supported by...
L&T Realty Acquires Prime Elphinstone Road Land For Office Project

L&T Realty Acquires Prime Elphinstone Road Land For Office Project

0
L&T Realty has strengthened its presence in Mumbai’s central business corridor with the acquisition of development rights over a strategically located land parcel at...
Navi Mumbai CIDCO Launches Urban Farming Centre

Navi Mumbai CIDCO Launches Urban Farming Centre

0
Navi Mumbai has taken a decisive step towards integrating food systems into urban planning with the launch of its first dedicated Urban Agriculture Centre...
Sunteck Realty Launches Premium Residences In Goregaon

Sunteck Realty Launches Premium Residences In Goregaon

0
Mumbai-based developer Sunteck Realty is set to introduce a new ultra-luxury residential project in Goregaon West, representing a strategic expansion of the company’s premium...
House of Hiranandani Expands Into Flexible Workspaces

House of Hiranandani Expands Into Flexible Workspaces

0
Mumbai-based real estate developer House of Hiranandani has entered the flexible workspace segment with a pilot co-working centre at Powai, signalling a strategic shift...