Oil India reissues Mizoram tender for 4th time
Oil India has again reissued a tender for a contractor to process and interpret 600-sq km unconventional loop 3D shot at Mizoram block MZ-ONN-2004/1 - leaving bidders rolling their eyes in disbelief.
Oil India issued the estimated Rs25cr ($3.7m) tender for the fourth time on February 29. Its last attempt to hire a contractor was aborted on February 1 when it realised it made a mistake asking bidders to show experience of processing and interpreting 2000-sq km loop 3D over the last seven years.
In reality Oil India only needs three years experience as set out in the fresh tender. "We made a mistake," admits an embarrassed Oil India source.
He explains the company wanted to avoid legal challenges from companies who sent in bids by the extended December 23, 2015 deadline under the seven-year condition but find themselves excluded under the three-year condition. "It's a joke the way Oil India operates," comments a potential bidder.
Eight shortlisted companies have received the tender: CGGVeritas; Nadra bidding through Ukrainian parent Tutkovsky; Poland's Geofizyka Krakow and Geofizyka Torun; Germany's TEEC Solutions; Canada's Absolute Imaging; India's Samit Enterprises and Germany's DMT Petrologic. Beicip Franlab of France, shortlisted in the last tender, did not receive a tender this time.
Interested companies can express their interest in participating by the March 10 deadline and Oil India hopes to open technical bids on March 30.