Singhee accused of delaying ONGC rig award

Vol 20, PW 16 (04 May 17) Exploration & Production
     

Shiv Vani promoter Padam Singhee flatly denies he is behind ONGC's delay in awarding rig contracts to Om Metals and GTC Oilfield Services under a just concluded five onland rig tender.

Under scrutiny is Singhee's relationship with Delhi-based Top Hydrocarbon Projects, which appealed to ONGC's Independent External Monitors in April against its disqualification. Top was disqualified because ONGC categorised its relationship with beleaguered driller Shiv Vani as a joint venture.

But Singhee claims this is incorrect. "Top offered rigs in this tender which were owned by Shiv Vani," he tells us.

"But apart from that neither I nor Shiv Vani have any involvement in this tender." On April 24, ONGC's Independent External Monitors heard Top's appeal against its disqualification and are expected to announce their decision soon. "If the decision is not in our favour," says a source close to Singhee, "Top will go to court so ONGC is stopped from issuing LoAs." Another former Shiv Vani employee casts doubt on Singhee's assertion that he has no connection to Top and points to Narendra Kumar Panwar who is a Top company director.

"Panwar worked with Singhee for more than 20 years," he says. "He is like his personal assistant." Singhee however insists that Panwar no longer works with him.

"He left me long ago," adds Singhee. Still a young company, Top Hydrocarbon Projects was incorporated on August 3 last year (2016).