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ONGC, OIL PECs: Service majors don't seem too excited
Jul 08:
ONGC and OIL has invited bids for locks the Production Enhancement Contracts. 64 fields are on offer by ONGC and two by OIL
8Yet the three international service contractors, Schlumberger, Halliburton and Baker Hughes, from whom the two E&P major would be keen to get some good offers, do not seem all that excited about the PECs on offer.
8"We are more keen to work with Cairn, even through it is a bad pay master, than with ONGC and OIL," a representative from one of the service providers told this website.
8Find out why that is so
Click on Details for more
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8Yet the three international service contractors, Schlumberger, Halliburton and Baker Hughes, from whom the two E&P major would be keen to get some good offers, do not seem all that excited about the PECs on offer.
8"We are more keen to work with Cairn, even through it is a bad pay master, than with ONGC and OIL," a representative from one of the service providers told this website.
8Find out why that is so
Click on Details for more
