India’s state-controlled Oil & Natural Gas Corporation (ONGC) has launched a tender for chartering a specialised well stimulation vessel (WSV) required for its west coast operations.

The tender process for the WSV vessel calls for bids to be submitted next month, according to two people familiar with the development.

“Technical and commercial offers are due on 4 July and ONGC is expected to finalise its preferred contractor by the second half of this year,” one said.