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Expect high rig rates for ONGC's new-build tender

Vol 12, PW 5 (24 Jul 08) Exploration & Production
 

ONGC should expect to pay higher charter hire rates for its ongoing â€کnew-build’ jack-up tender because of its sudden decision to hire just one and not two rigs as originally announced....

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Related
  • Good response to ONGC pre-bid for four rigs (25 Jan 24)

  • Expect high jack-up rates in 4-rig tender (11 Jan 24)

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  • ONGC backs down and extends rig bid deadline (30 Jul 15)

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