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Investor Presentaiton

ओएनजीसी ongc 1. Bid out Marginal Nomination Fields (3/3) Bid Qualification Criteria for MNF Production Enhancement Contract (PEC) Bidding Entity Indian or Foreign Company Individually or in consortium (each member company with at least 26% interest) All member companies to be jointly and severally liable • • का आज़ादी अमृत महोत्सव Financial Criteria Net worth of the bidding company (all member companies of consortium in case of consortium) should be a positive number (and non-zero) as on 31st March 2021 or 31st December 2020, as may be applicable Audited Annual Accounts for the latest completed year and certificate of net-worth by statutory auditor to be submitted Bid Bond of INR 10,00,000 (or USD 13,500) per Contract Area Technical Qualification Criteria Bidder shall meet either Criteria 1 Or Criteria 2 to qualify technically Technical Criteria 1 Technical Criteria 2 Bidding company should have experience in exploration or development or production of hydrocarbons in last 5 (five) years as on 31st March 2021 OR Bidding company should have technically qualified personnel with at least 10 years of work experience on its rolls at the time of bid submission, in any three distinct areas out of the six areas indicated in the NIO (i.e. Drilling & Completion, Field operation/ production, HSE, Reservoir Management, G&G activities or senior management experience in E&P company)
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