The RUMP 2 project involves two tenders together valued at more than $400 million — bids for the first were submitted in late December, said sources.

Leading Indian offshore contractors have teamed up with shipping players to meet ONGC’s qualification criteria.

Those in the fray are India’s Pipavav Shipyard with compatriots Dolphin Offshore and Great Offshore, domestic engineering giant Larsen & Toubro with Hind Offshore, Indian player Afcons with Das Offshore and the Halani Group, UK-listed Indian company Essar with Saipem of Italy and a consortium including G&T Oilfields with Malaysia’s Kencana and Sarku.

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