Work Description - Charter Hire Of 1 No Independent Leg Jack Up Drilling Unit Along With Equipment For Drilling Testing And Abandonment Of Exploratory Well In Water Depths Up To 80 M With Drilling Depth Capability Up To A Minimum 6000 M In The West Coast Of India For A Period Of 07 Months Or Till Completion Of 01 Well Extendable By Another 07 Months Or Part Thereof For An Optional Well At The Quoted Rates And Same Terms And Conditions

Oil India Limited, a Public Sector Undertaking, invites bids for the charter hire of one Independent Leg Jack Up Drilling Unit. The contract encompasses the provision of necessary equipment for drilling, testing, and abandonment of an exploratory well in the offshore block KK OSHP 2018/1, located in the West Coast of India. The selected drilling unit must be capable of operating in water depths of up to 80 meters and drilling to a minimum depth of 6000 meters. The initial charter period is for seven months or until the completion of one well, with an option to extend for an additional seven months for an optional well at the quoted rates and terms. Interested parties can download tender documents from August 23rd, 2024, onwards. The deadline for bid submissions is October 22nd, 2024, at 01:00 PM, with bid opening scheduled for the same day at 03:00 PM. The tender reference number is CEG7203P25, and a refundable Earnest Money Deposit (EMD) of INR 50,550,000 is required.