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ONGC's to come out with a gigantic $ 2 billion tender in KG-DWN-98/2 block-I: Vendosr set pre-conditions
Jan 10: ONGC has decided to merge its requirement for Subsea Production System and the Sub Sea Umblical Riser and Flow Lines (SURF) requirements in the KG-DWN-98/2 block into one gigantic integreted tender worth a massive $ 2 billion.
8But then it is struggling to fit in the demands of the vendors who may apply for the tender
8Most of the vendors this website spoke to seems to be scared about taking part in such a gigantic tender when some of the fundamentals such as HPHT conditions, treacherous geology and rough weather can create havoc and delay timelines.
8The vendors have go together and put forward a set of conditions on which they will be more favorably inclined to bid
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