Four companies offer 12 vessels to ONGC

Vol 23, PW 22 (10 Sep 20) News in Brief

ONGC is preparing to hire four 80-tonne anchor handling tugs/supply vessels (AHTS) to carry out rig moves in the western offshore after the current monsoon season ends mid-September.

Each AHTS is wanted for just 70 days. On the August 31 bid deadline, ONGC received 12 offers from four companies.

Prince Marine Transport Service offered Dubai-based 2006-built Thera; Shipping Corporation of India offered six India-based vessels: 2011-built SCI Pawan, SCI Panna and SCI Mukta, 2012-built SCI Kundan and SCI Ahimsa, and 2013-built SCI Urja; First Oil & Gas Services offered India-based, 2014-built FOG 10 and 2015-built Lachung; Greatship offered India-based 2008-built Greatship Anjali, 2009-built Greatship Aditi and 2010-built Greatship Vidya. ONGC wants the four AHTS vessels mobilised off Mumbai within 30 days of the LoA.

"This is a regular, post-monsoon requirement from ONGC every year," says an industry source. "This year the competition was intense even for this very short-term contract."

But nobody wants to guess who bid what rates. "The winner will be the one who is most desperate," says a source.

Another source adds locally available vessels have an edge over any overseas-based vessel given the transportation costs to the Mumbai offshore.