Shelf and Jagson disqualified in ONGC tender

Vol 18, PW 1 (28 Aug 14) News in Brief
     

ONGC is believed to have disqualified three Shelf Drilling rigs and one Jagson rig in its 12 jack-up tender, paving the way for companies offering ‘new build’ rigs.

It seems Shelf and Jagson offered the rigs knowing they did not meet bid criteria hoping the rules would be relaxed. But contracts for Shelf’s CE Thornton, FG McClintock and Trident II end more than 300 days after the tender was published on January 25, making them ineligible.

Jagson’s Deepsea Treasure has been idle for more than three years. Three rival bidders say they have heard from ONGC it has no choice but to strictly follow the Bid Evaluation Criteria or risk a corruption investigation.

This opens up the field for nine ‘new build’ rigs offered on June 19. ONGC sought clarifications on August 22 from bidders on technical issues and wants responses by August 31.

An ONGC source declined to comment. Shelf and Jagson say they have not heard from ONGC.

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