Name: SUPPLY HIGH RESOLUTION UT PIGGING SERVICES AT RJ NORTH, RAJASTHAN, INDIA
Start: 2023-07-11
End: 2023-07-18
Location: CAIRN, OIL & GAS VERTICAL OF VEDANTA LIMITED

Organization Details:

Organization Name:

CAIRN, OIL & GAS VERTICAL OF VEDANTA LIMITED

Country:

India

Contact Person:

Address:

DLF Atria,
Phase 2,
Jacaranda Marg,
DLF City,
Gurgaon
Haryana ,

Contact Details - Email:

Phone

+91-124-4764000

Notice Details:

Notice Type

Tender Notice

Bidding Type

International procurement

Notice No.

68648390

Deadline

2023-07-18

Description

GLOBAL EXPRESSION OF INTEREST (EOI) FOR HIGH RESOLUTION UT PIGGING SERVICES AT RJ
NORTH, RAJASTHAN, INDIA
Vedanta Group has $30bn revenue and $10bn profit and further plans to invest $20bn in next 4-5 years for the expansion
of brownfield capacity and setting up green field capacity for oil and gas, renewable energy, display glass, semiconductor,
mining, and smelting. Vedanta is one of the leading players in the market.
Cairn Oil & Gas, Vedanta Ltd., is India’s largest private oil and gas exploration and production company having current
interest in 62 blocks and accounting for more than a quarter of India’s domestic crude oil production. Cairn Oil & Gas has
a vision to achieve 50% of India’s crude production and contribute to India’s energy security. Cairn Oil & Gas 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 in pre-qualification to participate in the International
Competitive Bidding (ICB) process for high resolution UT Pigging services for Intrafield Pipelines at MBA field, RJ-North
Barmer, Rajasthan, India.
High Resolution UT Pigging Services need to be carried out for 2 nos. of pipelines of 12 inch and 14-inch size.
Technical details include:
Size 12” 14”
Total Run Length 9 Km 4.3 Km
Fluid Crude Oil Water
Cleaning and Survey of Pipeline Yes Yes
Type of Pigging HRUT Pigging HRUT Pigging
Financial GO/NO-GO Criteria
a. Turnover - Turnover in each of the immediately preceding two (02) financial years should be equal to or more than the
estimated Average Annual Contract value.
b. Net Worth - Positive net worth in each of the immediately preceding two (02) financial years.
c. Liquidity Ratio – Liquidity ratio in each of the preceding two (02) financial years should not be less than 1
Technical GO/NO-GO Criteria
Bidder shall have experience in successfully executed similar scope, in last 5 years, in providing Intelligent Pigging Services
to oil & gas processing/Refinery/ Petrochemical Industries.
Also, note
i. Normally standalone financials of the bidding entity only will be considered. However, consolidated financials at the
bidding entity level, if available, can also be submitted. Parent company or Affiliate’s financials can be submitted and
considered, subject to submission of Parent/ Affiliate company guarantee. This should be clearly mentioned in the EOI
response.
Sensitivity: Internal (C3)
ii. Where the bidding entity is unable to meet the Financial Evaluation Criteria, Parent/Holding Company Audited
Financials can be considered, subject to: a) Submission of Financial guarantee in the form of 10% Bank guarantee
of Annualized Contract Value. b) Commitment Letter from Parent/Company to provide financial support to the
bidding entity.
iii. Evaluation will be done only based on the published annual reports / audited financials containing Auditor’s
report, Balance sheet, Profit & Loss a/c, and Notes to Accounts.
iv. 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.
The interested Contractors/ Consortiums should evince interest to participate in the Expression of Interest by
clicking on the “Evince Interest” link for the corresponding EOI listing on the Cairn Website i.e.,
http://www.cairnindia.com and submit their contact details online within Fourteen (14) days of publication of this
EOI. Further to this, interested contractors would be invited to submit their techno-commercial bids (Unpriced
and Priced) for evaluation and qualification via Smart Source (Cairn’s e-Sourcing Platform)

Soft Copy

Soft copy

Documents

Download documents

In case you are unable to document the documents, please copy the link and paste it in a new tab.

View CAIRN, OIL & GAS VERTICAL OF VEDANTA LIMITED tenders for free on Global Tenders

Filter Your Search