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Donald Trump Unleashes American Energy
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Will India Turn To US For Energy Imports?
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Public-Private Partnership Projects: Second Phase Of India’s Strategic Crude Storage Gets Funds Allocation
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Regulation
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Alternative Energy / Fuel
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New Projects
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EIL Bags PMC Services Contract For HPCL Line Project
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Market Watch
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Companies
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Press Release [FREE Access]
Tenders » Cairn Oil & Gas

Global Expression of Interest (EoI) under International Competetive Bidding (ICB) for provision of Seismic Data Acquisition Services (Deepwater/Shallow Water/Transition Zone) for Cairn Offshore Blocks across East Cost and West Coast India

Cairn Oil & Gas, Vedanta Ltd., on behalf of itself and Joint Venture (JV) partner(s) invites interested contractors with proven capabilities and demonstrated performance in similar requirement to express their interest to

participate in the International Competitive Bidding Process (ICB) for provision of 2D/3D/4D seismic data acquisition services (deep water, shallow water, transition zone) for offshore blocks across East Coast and West Coast India.

Brief Scope of Work: Contractor is to provide 2D/3D/4D Seismic Data Acquisition Services (Deep water, Shallow water, Transition Zone) for offshore Cairn operated blocks in India in the East Coast and West Coast of India.

Financial Criteria:

Specific Go-No-Go Criteria:

  • Turnover in each of the immediately preceding two (02) financial years should be equal to or more than the estimated average annual contract value.
  • Positive net worth in each of the immediately preceding two (02) financial years.
  • Liquidity ratio shall not be less than one (01) in each of the preceding two (02) financial years.

APPLICANTs are requested to submit company's financial performance documents (Audited Balance sheets, Profit and Loss Account and cash flow statement, Auditors Report and Notes to Accounts etc.) for immediately preceding two (02) financial years in the tender. Latest financial statement should not be older than 12 months on the date of Expression of Interest.

Also, note:

  • Standalone financials of the bidding entity will only be considered, evaluation will be done only based on the published annual reports / audited financials containing Auditor's report, Balance sheet, Profit and Loss a/c, and Notes to Accounts.
  • Latest audited financial statement should not be older than 12 months on the date of EOI.
  • In case of unaudited statements (if there are no audit requirements for auditing of financials as per the local law), the financials shall be accompanied by a certificate from a Certified Accountant. Certificate should also mention the fact that there is no requirement of audit of the financials as per the local law.
  • All qualifications and exceptions brought out in Auditor's report and Notes to Accounts would be factored in while undertaking financial evaluation.

Technical Criteria:

The interested Contractors should evince interest to participate in the Expression of Interest by clicking on the "Evince Interest" link against the corresponding EoI listing on the Company's website i.e., http://www.cairnindia.com and submit their contact details online. Further to this, interested Contractors would be invited to submit their response via Smart Source (Cairn's e-Sourcing Platform) and the Contractors would be requested, as a minimum, to submit the following documents and details to substantiate their experience in successfully providing similar services

Bidder must have completed minimum two offshore seismic data acquisition projects in last five (5) Years. Below details required as supporting documents:

  • Client
  • Project Duration (date of start and date of completion)
  • Volume of Work (2D in lkm/ 3D in sq. km.)
  • Operation Area (Deep Water / Shallow Water / Transition Zone)
  • Letter of Award copy/ 5-6 start pages of Contract
  • Completion Certificate issued by Client
  • Bidder to submit document in HSE and Quality Questionnaire

Detailed evaluation criteria shall be provided during the tender process.

The interested bidders should evince interest to participate in the Expression of Interest by clicking on the "Evince Interest" link against EOI listing on the Cairn website i.e., http://www.cairnindia.com and submit their contact details online. Further to this, interested parties would be invited to submit their response via Smart Source (Cairn's e-Sourcing Platform).

The interested bidders should "Evince interest" to participate in EoI within 10 days of publication of Expression of Interest.



To download the latest issue 'Volume 31 Issue 21 - February 10, 2025', click here
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Data Section
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Special Database
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India’s Crude Production Falling In Domestic As Well As Overseas Projects
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India’s Refining Capacity as on 1st April 2024
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Petrol & Diesel Prices in India & Developed Countries
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Break-Up Of Petroleum Products Consumption
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Impressive Growth in Diesel, Petrol Consumption In December
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Refining Margins On The Rise In Global Hubs
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Tenders [FREE Access]
Cairn Oil & Gas
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