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ONGC's rig tender for KG-DWN-98/2: Surprise winner for Anchor Moored 600 metre rig
Apr 19: Very well placed company and industry sources said that there was a surprise winner against the tender for a single  anchor moored 600 metre rig to drill a combination of development and drilling rigs in the KG-SWN-98/2 block.
8The company has run away with the lowest bud and has emerged on top of its bigger competitor
8There were reservations within ONGC on placing an order on a rig company which was little known in India.
8But the rig met the specifications set out in the tender and emerged with the lowest rate.
8The company will deploy the rig for the first time in India with ONGC
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