Upset NADRA ignores Oil India invite to re-bid

Vol 18, PW 24 (30 Jul 15) Exploration & Production
     

Ukrainian seismic contractor NADRA is still smarting from its perceived unjust treatment in Oil India's last tender to process and interpret 3D shot in Mizoram - scrapped despite the company bidding lowest to emerge L1.

So much so NADRA will most likely stay away from the re-issued tender, where EoIs are due by August 12, despite an Oil India welcome to try again. "NADRA has withdrawn from India," confirms Delhi-based Alinex Energy, which represents NADRA.

"After its humiliation last time I don't think it will bid. What's the point? NADRA thinks the tender process in India is a sham and the winner pre-selected." NADRA's absence is good news for CGGVeritas, which came second in the last tender and is widely expected to submit an EoI in the re-issued tender to process and interpret 600-sq km 3D at onland block MZ-ONN-2004/1.

Gurgaon-based Samit Spectrum will also participate. "Erex from Egypt and WesternGeco might bid too," speculates a source.

"This time the tender is attractive because Oil India has not made it mandatory to have a data processing centre in India but 'preferably' in India. Also it has increased the 3D volume from 450-sq km to 600-sq km." Oil India adds it expects Israeli seismic contractor Paradigm Geophysical to also show interest.

Whoever wins must begin work within 30 days of the LoA and complete it in 12 months.

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