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Twelve rigs in race for three ONGC jack-up contracts

Vol 13, PW 8 (24 Sep 09) Exploration & Production
 

Jack-up hire rates are softening, thanks to a surplus of rigs on the market, according to drilling contractors. ...

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Related
  • Oil India needs 10 w/o rigs (13 Jul 23)

  • Three companies win Oil India rig contracts (08 Sep 22)

  • ONGC wants 4 jack-ups for 3 years (03 Jun 21)

  • ONGC seven-rig tender attracts 25 jack-ups (25 Feb 10)

  • Other jack-up tenders won't see such low bids (03 Dec 09)

  • Twelve rigs in race for three ONGC jack-up contracts (24 Sep 09)

  • Six companies offer nine rigs in ONGC three-rig tender (26 Jul 07)

  • ONGC pre-bid rig meeting on 6th October (05 Oct 06)

  • Suspicions over last-minute terms in ONGC tender (21 May 03)

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