Fugro wins ONGC seismic vessel tender

Vol 10, PW 23 (22 Mar 07) News in Brief

Fugro of Norway has emerged L1 in ONGC’s tender to charter hire a seismic vessel.

PETROWATCH learns Fugro quoted around $145m, with CGGVeritas emerging L2 with a bid of around $160m. Other bidders were Schlumberger subsidiary WesternGeco, PGS and Wavefield of Norway.

ONGC issued a global tender for the charter hire of a seismic vessel on 19th December last year, originally for three seasons, but later reduced to two seasons because this year’s weather window is almost over. In India the seismic season runs from October to May or early June.

ONGC held two pre-bid meetings on 4th and 15th January and later extended the bid deadline from 29th January to 27th February, following detailed queries from bidders.