India’s state-controlled Oil & Natural Gas Corporation (ONGC) has issued a tender covering the purchase of up to 27 onshore rigs across multiple categories, with the rigs expected to be together worth more than $400 million.
Project observers told Upstream that ONGC recently sought offers from leading domestic and international rig players to participate in the tender.
“We have received the tender documents and technical and commercial offers are likely to be submitted on 14 November,” one industry source said.
