Offshore drilling tenders in India | |
The Indian oil and gas sector has been witnessing strong momentum in exploration and production, leading to a surge in offshore drilling tenders in India. With the government pushing for increased domestic energy production, offshore basins have become a focal point for new investments. The demand for modern drilling rigs, subsea equipment, and integrated services is on the rise, creating lucrative opportunities for both global contractors and domestic players. Offshore drilling tenders in India are primarily driven by national oil companies such as ONGC and Oil India, which continue to expand their exploration programs in deepwater and shallow water fields. In recent years, the Krishna-Godavari basin, Mumbai High, and Mahanadi offshore blocks have emerged as hotspots for tendering activity. The focus is not only on hiring advanced rigs but also on contracting related services like well intervention, subsea support, and logistics. Industry experts, including Indian Petroplus, highlight that the offshore drilling segment is poised for consistent growth due to India’s strategic objective of reducing import dependency. The government’s Hydrocarbon Exploration and Licensing Policy (HELP) and the Open Acreage Licensing Policy (OALP) have encouraged upstream players to expand exploration in offshore acreage, further fueling tender opportunities. Contractors bidding for offshore drilling tenders in India are expected to demonstrate technological expertise, strong safety standards, and cost efficiency. Increasingly, tenders also emphasize sustainability, with preference for rigs and services that minimize environmental impact. Companies offering digitalized and automated solutions are gaining competitive advantage, ensuring faster and more efficient drilling operations. In addition to national oil companies, private operators and international oil majors participating in Indian offshore blocks are also releasing tenders, thereby widening the scope for drilling contractors and service providers. This competitive landscape has intensified, with global rig operators bringing in high-specification assets to meet Indian requirements. According to Indian Petroplus, offshore drilling activity will remain robust in the medium to long term as India pursues energy security and expands exploration to untapped deepwater resources. With favorable policy support, rising investments, and technological advancements, the tendering process is expected to generate significant business opportunities across the offshore drilling ecosystem, Offshore Drilling India, Drilling Tenders India, Offshore Tenders India, Indian Upstream Projects, Offshore Bids India, IndianPetroplus. #OffshoreDrillingIndia #DrillingTendersIndia #OffshoreTendersIndia #IndianUpstreamProjects #OffshoreBidsIndia #indianPetroplus | |
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Target State: All States Target City : Delhi Last Update : Aug 24, 2025 10:52 AM Number of Views: 14 | Item Owner : indianpetroplus Contact Email: Contact Phone: (None) |
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