Transocean was the lowest and should have been 'L1'. But instead Great Eastern is 'L1' even though its offer is higher. Great Eastern is an Indian company and - according to ONGC policy – will get 10% price preference over any foreign competitor. Even without the price preference, it would have been a close finish because unlike Transocean, Great Eastern has quoted no 'equipment breakdown day rate' or mobilization fees.
Yet, Transocean is 'L2' and will also get a contract, as ONGC wants two rigs in this category.
For Category-V, ONGC wants one drillship or semi-submersible and received seven offers.
ONGC found Borgeston Dolphin (Dolphin Drilling), Scarabeo IV (Saipem), Ocean New Era (Diamond Offshore) and Atwood Southern Cross (Atwood Oceanics) technically unsuitable.
Aban Loyd offered three technically qualified rigs of which Frontier Ice - drilling for ONGC till March this year at 'effective day rate' of $45,000 – emerges winner.
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