Deep Industries crossed baseline output at Rajahmundry within months, delivering near-50% EBITDA margins almost immediately. 8But when a PEC-operated well at Mori suffered a gas leak, ONGC -- not the contractor -- mobilised crisis teams and well-control specialists. 8The contrast exposes a PEC model where upside moves fast, but downside still sits with the PSU. 8Production enhancement contracts were designed to transfer operational risk. But if baselines fall quickly and crises revert to PSU control, risk has not shifted, only revenues have. 8Until both upside and downside move together, PECs remain incomplete reform. 8ONGC needs to cancel all PECs immediately
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For reference purposes the website carries here the following tenders: 8Hiring of 50T capacity work over rig on callout basis Details 8Rate contract for piping, flowlines and mechanical work Details 8Tender for mechanical construction and maintenance work Details 8Tender for procurement of cooling coil Details 8Procurement of hydrochloric acid for well stimulation Details 8Tender for procurement of drilling detergent Details 8Tender for supply of sodium metasilicate, gum rosin, EDTA and tween 80 raw materials Details 8Annual rate contract for calibration of 220 kV outdoor CT/VT Details 8Annual rate contract for online partial discharge testing of 220 kV cables Details 8Tender for provision of security guards Details 8Tender for AMC of cranes, lifting equipment, lifts, and statutory testing and certification Details 8Tender for procurement of steam trap Details 8Tender for procurement of delvalve spares Details 8Tender for design, supply, installation, commissioning and maintenance of grid-connected rooftop solar power plant Details 8Tender for rate contract for in-situ metallography Details 8ARC for operation, maintenance and performance monitoring of N2O unit under LuPech project Details 8Tender for procurement of spares for pumps Details 8AMC services for connectivity to CPCB/SPCB servers for BTP analyzers and AMC of multi-parameter analyzer Details 8Tender for procurement of Belzona products Details 8Tender for providing round-the-clock security services Details 8Tender for calibration of master mass flow meters Details 8Tender for procurement of cooling fan Details 8Tender for procurement of LPG flame detectors Details 8Tender for supply of knock sensors for Perkins engine Details 8Tender for hiring consultancy services for CRZ clearance, environmental clearance amendment and other statutory approvals Details 8Tender for hiring of MOPU at RJP platform (R-10A) for R-series fields Details 8Expression of interest for renting of commercial office space Details 8Procurement of inherent fire-retardant suits Details 8Procurement of IoT data logger with data transmission Details 8Hiring event management agency for organizing foundation day event 2026 Details 8Tender for gas engine driven silent generating set of 125 kVA capacity Details 8Tender for charter hire of one 3000 HP drilling rig package Details 8Procurement of non-RC spares for Ingersoll Rand make GSAC of rig Details 8Tender for inspection and replacement of bearings of refrigeration pack motors Details 8Procurement of ball and piston valves Details 8Tender for special temperature elements for petrochemical and refinery expansion project Details 8Tender for marine geophysical surveys and MIA study for greenfield international airport Details 8Tender for environmental baseline data collection for proposed project Seabird PH-IIA Details 8Tender for procurement of valve Details 8Contract for compressor discharge casing and associated jobs in CI/HGPI of Hitachi make H-25 gas turbines Details 8Procurement of Flowserve make valve spares for HGUIV PSA Details 8Supply of flameproof 45 watt DC LED light fittings Details 8Procurement of consumable spares for 9671733 92-K-14 ROG compressor Details 8Annual maintenance contract of Kirloskar make centrifugal pumps Details 8Procurement of BHEL make spares for GT generators Details 8Procurement of PCS make consumables Details 8Procurement of Konecranes make spares Details 8Tender for processing, manufacturing and filling of transformer oil Details 8Tender for operation and maintenance of electrical systems Details 8Procurement of John Crane make seal spares Details 8Procurement of spares for Vertiv make ATS installed in SRU-3 and BS-VI units Details 8Supply and installation of PESO-certified intrinsically safe VHF sets with allied facilities Details 8Providing inspection services by API certified engineers during M&I shutdown Details 8Non-comprehensive annual maintenance contract for 2 × 600 kVA Perkins make DG sets Details 8Supply of resin for DM plant vessels and oil coalescers in TPS and DM RO units Details 8Procurement of pipe and cable locator Details 8Procurement of VS6 vertical suspended centrifugal pump Details 8Tender for procurement of fasteners Details 8Tender for conveyor section upgrade and driving units Details 8Tender for supply, installation, integration and commissioning of density transmitter Details 8Tender for job of re-calibration of various tanks Details 8Annual rate contract for ADAGE analysers Details 8Procurement of drier adsorbent for PP mix drier in PFCCU PRU along with accessories Details 8Procurement of coupling camlock 16 in × 150 gall Details 8Procurement of spares for petcoke analyser instrument Details 8Procurement of OEM spares for CHNS analyser in quality control laboratory Details 8Procurement of skid-mounted dosing package Details 8Supply of 110 kV current and potential transformers along with 110 kV lightning arrestors Details 8Providing services for supply of refreshment snack packets Details 8Tender for revamping of washing units Details 8Annual maintenance contract for electrical services Details 8Tender for manpower outsourcing services Details 8Annual maintenance contract for fire water pumps and jockey pumps Details 8Tender for hiring of photocopying, binding and allied services Details 8Procurement of potassium hydroxide for drilling fluids Details 8Procurement of floating equipment for casing pipes Details 8Rate contract for vibration monitoring and laser alignment works for rotating equipment Details 8Procurement of bolt-free scaffolding structure Details 8Hiring of quarterly vibration monitoring services through ARC for condition monitoring of equipment Details 8Annual maintenance service contract for servicing and calibration of UTM instrument Details 8Tender for CDP cloud hosting and managed services Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content): 8India Energy Week 2026 to be held in Goa from 27–30 January Details 88Petrovietnam agrees first-ever LNG term deal with Shell Details 8Indian Gas Exchange to launch Rs 600–700 crore IPO by December 2026 Details 8INOXAP flags off India’s first LNG-fueled cryogenic tanker Details 8PNGRB launches study on vehicular fuels amid India’s energy transition Details 8PNGRB announces TERI-led study comparing vehicular fuels in transport transition Details 8India’s fuel demand hits highest on record in December Details 8Coal India arm ECL deploys AI drones to assess green cover Details 8Vedanta director Agnivesh Agarwal dies at 49 after skiing accident and cardiac arrest in US Details 8India’s fuel demand hits highest on record in December Details 8PM Modi “not that happy with me”, says US President Trump over steep tariffs Details 8Amid political shift, Venezuelan oil revival could keep global prices lower for longer: JPMorgan Details 8Crude oil futures fall over 2% to Rs 5,100 per barrel on weak global trends Details 8Rupee rises 31 paise to close at 89.87 against US dollar Details 8PNGRB announces TERI-led study comparing vehicular fuels in transport transition Details 8Indian Gas Exchange to launch Rs 600–700 crore IPO by December Details 8Oil prices gain on US inventory draw, Venezuela in focus Details 8IGX looks to widen operations with long-term gas contracts and new trading platforms Details 8High Court agrees to examine govt’s refusal to extend Vedanta’s contract Details 8India becomes first country to commercially produce bio-bitumen from agro-waste Details 8ONGC achieves major progress in blowout control operations at well Mori#5 Details 8Bangladesh to import 180k tonnes of diesel from India Details 8Oil India eyes higher Venezuela investment as Carabobo production improves, boosts domestic growth plans Details 8Venezuela set to export $2 billion worth of crude oil to U.S. Details 8U.S. captures Russia-linked tanker after naval standoff in the North Atlantic Details 8Equinor not planning Venezuela return after Maduro capture Details 8ADNOC approves major deep gas development offshore Abu Dhabi Details 8China bans rare earth exports to Japan over Taiwan spat Details 8More tariffs on the way? Donald Trump greenlights Russian sanctions bill allowing 500% levies; could target India’s oil purchases from Moscow Details 8“We are satisfied”: Poland backs India as US turns up heat over Russian oil Details 8Corteva and bp launch biofuel feedstock JV ‘Etlas’ Details 8BPCL awards contracts to Technip Energies for India’s first PRFCC and new petrochemical units Details You can also click on Newsclips for more