ONGC's tender for 9 Jack Up rigs-II: Know more about why the day rate will not go up by much
Oct 04:
The average estimated day rate is likely to go up from what is ONGC's base day rate as of now. 8ONGC is introducing for the fist time a quality-cum-cost Bid Evaluation Criteria (BEC). 8But the expectations are that given the manner in which quality-cum-cost criteria is structured, the day rate may not go up very much. Click on Details for more